INDIAN FREE SHARE MARKET INTRADAY TIPS (NSE BSE) FOR (31/08/2010)


SCRIP NAME

S1

S2

R1

R2

HDIL

254

248

267

274

IVRCL

152

148

159

163

SESAGOA LTD

313

308

323

329

TATA STEEL

522

516

531

537

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 (30/08/2010)


Today there was a high level volatility took place as the Bill of Direct tax code was tabled in the Parliament. Earlier, it was opened up nicely but failed to capitalize the momentum following the big sell off seen in the Infrastructure and IT sectors. Before the actual close of the market it has got stabilized since the Global Markets performed well and forced our markets to close in the green.

SENSEX closed at 18032 up by 33 points and NIFTY closed at 5415 up by 6 points from its previous close. CNX MIDCAP INDEX was down by 0.20% and BSE SMALLCAP INDEX was down by 0.95%. The Market breadth was negative with the advances of 529 against the declines of 746 on the NATIONAL STOCK EXCHANGE.

Today’s top NIFTY gainers are POWER GRID CORPORATION LTD, TATA STEEL LTD and ABB LTD and losers are Suzlon Energy Ltd, HCL Technologies Ltd and Siemens Ltd.

Today’s top SENSEX gainers are EI HOTELS LTD, POWER GRID CORPORATION LTD and TATA STEEL LTD and losers are Hindustan Construction Co. Ltd., Chennai Petroleum and Jet Airways Ltd.

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