FREE INTRADAY NSE BSE TIPS FOR

(03/08/2010)

SCRIP NAME

S1

S2

R1

R2

BANK OF INDIA

432

423

451

462

TATA POWER

1320

1311

1335

1346

UCO BANK

91

90

93

95

MARUTI SUZUKI

1201

1189

1218

1234

POWER GRID

100

99

101

102

POLARIS SOFTWARE

167

162

176

182

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 (02/08/2010)

It was absolutely a good day for our market that it has closed with a very high note even in the first day of a new month. Traders and Investors have shown the buying interest following the good response from the Global cues. This is a really a very good sign for our market to reach further to the higher level so quickly. The main buying activity took place in the Financial, Banking, Fertilizers, Automobile, Metal and Infrastructure Sectors. We can expect for some more rally in the market if NIFTY crosses 5450 upto 5500 because 5450 is a crucial point of resistance.

Sensex closed at 18081, up by 212 points and Nifty at 5431, up by 64 points from the previous close. CNX MIDCAP INDEX was up by 1.00% and BSE SMALLCAP INDEX was down by 0.90%. The market breadth was purely positive with advances of 819 against declines of 457 on the NSE.

Today’s top Nifty gainers are PUNJAB NATIONAL BANK, ICICI BANK and BHARTI AIRTEL LTD and losers are ABB, Reliance Power Ltd and SAIL.

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