FREE INTRADAY INDIAN SHARE MARKET TIPS (NSE BSE) FOR (06/09/2010)
| SCRIP NAME | S1 | S2 | R1 | R2 |
| ABB LTD | 261 | 256 | 270 | 274 |
| NAGARJUNA CONSTRUCTION | 157 | 154 | 163 | 166 |
| SESAGOA LTD | 314 | 309 | 321 | 326 |
| HERO HONDA | 1709 | 1685 | 1756 | 1775 |
| STERLITE IND LTD | 155 | 153 | 161 | 164 |
| HDFC BANK LTD | 2174 | 2155 | 2206 | 2220 |
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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 (03/09/2010)
Today our market was performing within a tight range during the maximum trading hours in the last day of this week and finally there was a flat close in the red. Investors were carefully exercising to find out their point of entry and exit throughout the day because of the directionless Global Market cues and international economic scenario. REALTY, AUTO and BANKING SECTORS particularly MIDCAP and SMALLCAP scrips have extended its support to the market to prevent it from going further down.
This week’s overall performance was little good when we compare with today’s performance. There were a lot of jolts and jerks seen in our markets because of the non-performance by the world markets. Nevertheless, ours was above the average line. SENSEX, in this week, was up by 1.20% and NIFTY up by 1.30%.
MARKET PREDICTION
First day in the next week, we may expect to see some rally in the initial stage of the market hours and then there will be an indication for the downtrend. Since NIFTY has got closed well below 5479, there is an impression that it is on the important support level. So, we can expect for both the actions in the markets.
SENSEX closed at 18221 down by 16 points and NIFTY closed at 5479 down by 6 points from its previous close. CNX MIDCAP INDEX was up by 0.70% and BSE SMALLCAP INDEX was up by 0.90%. The Market breadth was positive with the advances of 775 against the declines of 495 on the NATIONAL STOCK EXCHANGE.
Today’s top NIFTY gainers are UNITECH LTD, HERO HONDA LTD and RANBAXY LTD and losers are Suzlon Energy Ltd, Jindal Steel & Power Ltd, and Hindalco Ltd.
Today’s top SENSEX gainers are GODREJ CONSUMER PRODUCTS LTD, BEML LTD and RASHTRIYA CHEMICALS LTD and losers are Hindustan Petrol, Suzlon Energy Ltd, and Jet Airways Ltd.,
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