INDIAN SHARE MARKET FREE INTRADAY TIPS FOR NSE & BSE ( 29/09/2010 )


SCRIP NAME

S1

S2

R1

R2

SINTEX INDUS

377

370

396

409

POWER GRID

105

103

109

112

JSW ENERGY

118

115

125

128

HDIL

266

260

278

285

BGR ENERGY SYSTEM

768

762

780

788

ESCORTS I LTD

211

209

219

224











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 (28/09/2010)

This day has witnessed a full of volatility till the last minute of the actual market close. Earlier, it has slipped into red straightaway as there was no good sign in the US and Europe Markets yesterday and hence Asian Markets too followed them today without any surprise.

But last trading hours in our markets is the real good session to recover almost 150 points from the actual loss. This has taken place because of little strong buying interest shown in the POWER, CAPITAL GOODS and METALS (stock specific). Today Asian Markets traded so quietly and ended in red. Similarly Europe Markets have followed Asian Markets and currently American markets too.

We may expect for similar volatility tomorrow also and we look forward to close in the green at the end of the market hour on account of F & O Expiry by very next day because short coverings will be taken place on 30/09/2010. So there is no need to panic if you are already holding any long positions.

SENSEX closed at 20104 down by 12 points and NIFTY closed at 6029 down by 6 points from its previous close. CNX MIDCAP INDEX was up by 0.13% and BSE SMALLCAP INDEX was up by 0.03%. The Market breadth was negative with the advances of 537 against the declines of 730 on the NATIONAL STOCK EXCHANGE.

Today’s top NIFTY gainers are ABB LTD, SIEMENS LTD and RELIANCE INFRASTRUCTURE LTD and losers are Idea Cellular Ltd, HDFC, and IDFC.



Today’s top SENSEX gainers are ABB LTD, SINTEX INDUSTRIES LTD and FEDERAL BANK LTD and losers are Koutons Retail India, Idea Cellular Ltd and Dr.Reddys Laboratories Ltd.

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