INDIAN SHARE MARKET FREE INTRADAY TIPS FOR NSE & BSE ( 08/09/2010 )


SCRIP NAME

S1

S2

R1

R2

ABB LTD

779

771

788

795

NAGARJUNA CONSTRUCTION

158

155

162

164

SESAGOA LTD

316

312

322

326

HERO HONDA

1699

1685

1723

1735

STERLITE IND LTD

161

157

167

171

HDFC BANK LTD

2182

2165

2216

2232











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 (07/09/2010)

Today we have seen a good movement in our market despite world markets have become unsupportive to us especially US markets, Asian markets and ofcourse EEC markets also.

Sectors like Cements, Metals, Telecommunication and Auto have led the market in front whereas Realty, Power and Pharmaceuticals have seen selling pressure.

MARKET PREDICTION


Tomorrow we may expect to see some consolidation in the market as there will not be any kind of support from the Global Markets. But Nifty has closed the important support of 5600 marks. That is the only consolation to expect to perform little more tomorrow and at the same time if it breaks that then it would be strong resistance.

SENSEX closed at 18645 up by 85 points and NIFTY closed at 5604 up by 27 points from its previous close. CNX MIDCAP INDEX was down by 0.10% and BSE SMALLCAP INDEX was down by 0.60%. The Market breadth was looking positive with the advances of 725 against the declines of 551 on the NATIONAL STOCK EXCHANGE.

Today’s top NIFTY gainers are AMBUJA CEMENTS LTD, ACC LTD and IDEA CELLULAR LTD and losers are Ranbaxy Ltd, Unitech Ltd, Power Grid Corporation Ltd.


Today’s top SENSEX gainers are MADRAS CEMENTS LTD, INDIA CEMENTS LTD and AMBUJA CEMENTS LTD and losers are Exide Industries Ltd, Petronet LNG and Ranbaxy Ltd.

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