FREE INTRADAY NSE BSE TIPS FOR

(05/04/2010)

SCRIP NAME

S1

S2

R1

R2

DLF

309

304

316

320

ICICI

940

928

951

963

IVRCL

164

161

167

171

PANTALOON

389

381

398

404

SAIL

248

244

251

258

SBI

2086

2090

2112

2226

ACC

944

924

952

961

The rates indicated here are 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

(01/04/2010)

This is really a very good day in the market to see a fantastic close with 164 points up in the NIFTY. It is also really a good sign for us to speak about because it has happened in the very first day of the new Financial year 2010 – 2011. The main reason for all these things is the political stability in the country and the Foreign Institutional Investors approach and their confidence over our market is the crucial point to make it here.

So this is purely a buy on dips market and everyone should be careful about their point of entry in the market to buy or book the profit because still market experts to hint about the some jerk to take place at any point of time. But the correction will not be a bigger one as they have already predicted. Even now this is the ideal time to enter the market from the perspective of long term. Moreover, when NIFTY crosses 5350 we may see few points going down due to little profit bookings.

Sensex closed at 17692, up by 16 points and Nifty at 5290, up by 41 points from its previous close. CNX MIDCAP was up by 0.84% and BSE SMALLCAP INDEX was also up by 2.34%. The market breadth was almost positive with advances at 1055 against declines of 237 on the NSE.

Today’s top NIFTY gainers are TCS, JP ASSOCIATES, and TATA STEEL and losers are HUL, Bharti Airtel and Mahindra & Mahindra.

Today’s top SENSEX gainers are P&G HYGIENE AND HEALTH CARE, GODREJ INDUSTRIES LTD and CROMPTON CREAVES and losers are Mundra Port & SEZ Ltd., Balrampur Chini and Shree Renuka Sugars Ltd.

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