FREE INTRADAY NSE BSE TIPS FOR (16/08/2010)

SCRIP NAME

S1

S2

R1

R2

MMTC

1370

1350

1415

1440

IVRCL

159

156

165

169

INFOTECH ENTER

155

152

161

165

TATA STEEL

515

504

535

546

JUBILANT ORG

343

339

353

358

POLARIS SOFTWARE

173

170

178

181

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 (13/08/2010)

Today we have witnessed almost all the actions of quite bullish, little bearish and also high level volatility in the last day of this week. Moreover, this week was really an interesting week for our market because of the good First Quarter Results released by SBI and TATA MOTORS and also Global Markets have extended its support to our market at some point of time during the week to keep the momentum going up. As such, World Markets are functioning without a clear direction so that there is a narrow range and its band level has also comedown.

This week's overall performance was measured and recorded as 0.25% up in the SENSEX as well as 0.25% up in the NIFTY. CNX MIDCAP INDEX was up by 1.70%, BSE SMALLCAP INDEX was up by 1.30% over this week.


Sensex closed at 18167 up by 93 points and NIFTY at 5452 up by 35 points from the previous close. CNX MIDCAP INDEX was up by 1.21% and BSE SMALLCAP INDEX was up by 0.70%. The market breadth was positive with the advances of 716 against the declines of 569 on the NSE.


Today's top Nifty gainers are CAIRN INDIA, KOTAK MAHINDRA BANK and SBI and losers are Sterlite Industries Ltd, Rcom and Suzlon Energy.


Today's top SENSEX gainers are JET AIRWAYS LTD, JAI CORP LTD and INDIAN HOTELS LTD and losers are Sterlite Industries Ltd, RCom and Shri Ram Finance Ltd.

BSE Smallcap index was up 0.6%. The market breadth was positive with advances at 715 against declines of 563 on the NSE.

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