FREE SHAREMARKET INTRADAY TIPS (08/03/2010).

DLF

311

304

318

327

ICICI BANK

893

880

900

918

SBI

2028

1995

2047

2066

RCOM

163

160

165

168

SAIL

228

222

231

235

Support/Resistance

S1

S2

R1

R2

Support/Resistance

S1

S2

R1

R2

**** The rates are indicated here based on the past performance of an individual scrip. THERE IS ALWAYS A RISK OF LOSS ELEMENT INVOLVED IN TRADING*****

SUMMARY OF TODAY’S TRADING (05/03/2010)


This is the second consecutive day that our market has seen a big rally after the Union Budget and yesterday NIFTY has closed above 5017 points mark since January 2010. It is purely because of the Global Markets uptrend reflected in our market and made that to close even in the high note. This raise is absolutely not because of the General Budget. Because it has nothing to follow by the markets. According to the market Analysts, it is sure that we are in bullish trend but please remember that it is not without a big correction. Today’s rally took place mainly because of POWER and BANK, CAPITAL and AUTO Sectors, Realty Sector is still under pressure. There was a good buying in the MIDCAPS and SMALLCAPS.

Sensex closed at 17000 up by 227 points and Nifty 5088 up by 71 points. CNX MIDCAP INDEX was up 1.83% and BSE SMALLCAP INDEX was up 1.29%. The market breadth was totally positive advances at 983 against declines of 290 on the NSE.

Todays’ top NIFTY gainers are JAIPRAKASH ASSOCIATES LTD, RIL and TATA POWER and losers are Ranbaxy, Ambuja Cements and Maruti Udyog Ltd.

Today’s SENSEX gainers are INDIABULLS FINANCE SERVICES, JET AIRWAYS and JAIPRAKASH ASSOCIATES LTD losers are Shriram Finance, Chambal Fertilizers and Bank of Baroda.


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