FREE INTRADAY NSE BSE TIPS FOR (03/05/2010)

FREE INTRADAY NSE BSE TIPS FOR

(03/05/2010)

SCRIP NAME	S1	S2	R1	R2
DLF	307	300	314	321
ICICI	943	934	956	965
IVRCL	177	172	184	189
PANTALOON	407	398	415	422
SAIL	214	209	218	222
SBI	2270	2230	2320	2350
ACC	890	876	910	925

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 (30/04/2010)

It was really a sluggish movement seen in the market through out the week because of weak Global Cues. Many Experts and Technical Analysts of our market felt that there was an indirect attack to us due to Greece crisis and that has played a bad huge role in the European and US markets to end the points in red and subsequently reflected in our market too.

We have seen a very good results in the last Quarter of 2009-2010 for several scrips but everything has failed to perform. Apart from this, every expert in our market is feeling that NIFTY has reached to its temporary maximum Resistance Level and hence our market looking very tired and it has every reason to go down to 5100 to 5000 level. We should expect monsoon to play a major role hereafter in the market to push up further.

Please note this week’s overall figures ie Sensex down by 0.76% and Nifty down by 60%. BSE MIDCAP INDEX was up by 0.75%, BSE SMALLCAP INDEX up by 0.10%. BSE BANKEX was up by 0.65%, BSE CONSUMER DURABLE INDEX up by 0.35% and BSE AUTO INDEX up by 0.25%. BSE REALTY INDEX was down by 0.25%, BSE OIL AND GAS INDEX was down by 1.8%, BSE FMCG INDEX and BSE IT INDEX both were down by 0.5%.

SENSEX closed at 17558, up by 55 points and NIFTY at 5278, up by 23 points from Its previous close. Today’s CNX MIDCAP INDEX was up by 1.52% and BSE SMALLCAP INDEX was up by 0.37%. The market breadth was positive with advances at 774 against declines of 504 on the NSE.

Today’s top Nifty gainers were BPCL, HERO HONDA MOTORS and TATA MOTORS and losers were Ambuja Cements, Wipro Ltd., and Tata Steel.

Today’s top SENSEX gainers were UNITED PHOSPHORUS LTD, INDIABULLS FINANCIAL SERVICES LTD., and ASHOK LEYLAND LTD. and losers were Ultra Tech Cement, Allahabad Bank and Madras Cements.