INDIAN SHARE MARKET FREE INTRADAY TIPS FOR NSE & BSE ( 30/09/2010 )
| SCRIP NAME | S1 | S2 | R1 | R2 |
| SINTEX | 383 | 374 | 399 | 409 |
| POWER GRID | 107 | 105 | 111 | 114 |
| JSW ENERGY | 116 | 113 | 122 | 125 |
| HDIL | 258 | 251 | 271 | 279 |
| BGR ENERGY SYSTEM | 768 | 762 | 780 | 788 |
| ESCORTS I LTD | 211 | 209 | 219 | 224 |
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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 (29/09/2010)
There was a gap up opening in the beginning hours of the trade. But, it slipped into red immediately after seeing a strong sell off in the METALS, POWERS, REALTY AND FMCG SECTORS.
As we have already said that we may expect to see some volatility tomorrow and hope that short covering positions will lead to close in the green. Please allow markets to settle down first and then you take a decision to initiate your trading.
Though Asian Markets have closed in the green today that did not make any impact in our markets. At the same time, Europe Markets have ended up in the red as a result US markets are currently trading in the Red.
As per the Experts, there is no need to worry about our market as it has breached the significant Support Level of 6000 in the NIFTY because you may decide on this tomorrow after market hours if you really hold on something in your DP account.
SENSEX closed at 19956 down by 148 points and NIFTY closed at 5991 down by 38 points from its previous close. CNX MIDCAP INDEX was up by 0.70% and BSE SMALLCAP INDEX was up by 0.50%. The Market breadth was negative with the advances of 380 against the declines of 897 on the NATIONAL STOCK EXCHANGE.
Today’s top NIFTY gainers are TATA MOTORS LTD, POWER GRID CORPORATION LTD and SUN PHARMA and losers are Sterlite Industries Ltd, ONGC and ITC.
Today’s top SENSEX gainers are GLAXOSMITHKLINE, ALSTOM PROJECT, LANCO INFRATECH and losers are Sterlite Industries Ltd, IVRCL Infrastructure Ltd and Hind Zinc Ltd.
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