INDIAN FREE STOCK MARKET INTRADAY TIPS FOR NSE & BSE ( 27/09/2010 )

INDIAN FREE STOCK MARKET INTRADAY TIPS FOR NSE & BSE ( 27/09/2010 )

SCRIP NAME	S1	S2	R1	R2
SINTEX INDUS	356	351	375	387
POWER GRID	104	102	108	110
JSW ENERGY	121	119	126	128
HDIL	260	255	275	283
STERLITE IND LTD	171	168	177	181
TATA TEA	119	116	125	129

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 (24/09/2010)

This week’s overall performance is really very good to note despite two days continuous negative closing. This is mainly because of the strong buying initiated by the FIIs that took place in the FMCG, Realty, Auto, Financials and Telecom Sectors. The data which are coming in about US markets are also looking good and supportive for all other world markets.

Sensex and Nifty is gone up by 2.20% each in this week and significantly it has got closed well above 20000 in the Sensex and 6000 in the Nifty. It is a good sign for our markets to go high hereafter.

SENSEX closed at 20045 up by 184 points and NIFTY closed at 6018 up by 58 points from its previous close. CNX MIDCAP INDEX was purely up by 1.00% and BSE SMALLCAP INDEX was up by 1.10%. The Market breadth was positive with the advances of 895 against the declines of 392 on the NATIONAL STOCK EXCHANGE.

Today’s top NIFTY gainers are DLF, IDFC and HINDUSTAN UNILEVER LTD and losers are Jindal Steel & Power, Sterlite Industries Ltd and Tata Motors Ltd.

Today’s top SENSEX gainers are IDFC, DLF LTD and FEDERAL BANK LTD and losers are Financial Technologies, Tech Mahindra Ltd and Ispat Industries Ltd.