Must read before trading in stock market

1. Always invest in good fundamental stock.

2. Always study books and new paper related
to stock market.

3.Never go in stock market like casino and
never be panic in up/down

4.Dont think stock market is place where u
get big money in short term.

5.Always keep your stocks in demat account.

6. trade with a well know reputed stock broker.

7.Derivative segment and margin stock is
high risky.

8.Create portfolio not more then 10 stocks.

9.If u not take risk to loose money better
to invest in mutual fund.

10. Always invest money in stock market
which is surplus and you prepare to loose
it with your economic health.

Nifty levels to watch

Fear across the world of global slowdown ,USA in recession situtsaion again after 2008 and banking in trouble now in europe a painfull excercise in stock market ,since two trading session after "OPERATION TWIST" introduced by Ben Barnanke situtaion very bearsih and fear of another gloabl slowdownpulling stock market at crash levels ,day by day market hammering low by low.
Dow Jones and NASDAQ down yesterday almost 3% each this situation also happening in Asian market open down after 200 point down in Nifty investor worries where nifty can go down .

Nifty now trading around 4900 and now sgx nifty more lower by 60-70 point around 4830 level so a negative start expecting in Indian market too.

In this situation if nifty break 4800 then nifty get support around 4450 level until this level no buying expecting and if market more bearish more 300-400 point down expecting in nifty but long term investor start buying around 4500 levels at least 25% of their investment in stock like Infra and consumer goods industries.

avoid metals and banking stocks now ,some positive investment looking sector like power generation industry seen so sector to watch in 2012.

Market today

Monday market open with flat and nifty gain 20-30 point
but due to expiry last days more volatility in market it

 moving between 4800 to 4900.

Nifty trend for now

Nifty current - 4910

Nifty resistence -4950-5000

Nifty support - 4880-4830