INDIAN STOCK MARKET FREE INTRADAY TIPS FOR NSE & BSE ( 23/09/2010 )


SCRIP NAME

S1

S2

R1

R2

IVRCL INFRA

163

159

170

174

JB CHEM&PHAR

104

101

110

113

SESAGOA LTD

328

320

342

350

HERO HONDA

1775

1755

1830

1851

STERLITE IND LTD

169

166

177

179

ELECTROSTEEL

46

44

50

52

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 (22/09/2010)

Today we have witnessed the first low closing day after 10 continuous high closing in our markets. At one stage, it has gone down so badly but managed to come back for the decent close with a red note. There was a volatility in the Metal, Auto and Realty Sectors.

We can also treat this as a sign for a big correction as it has gone exceptionally high, according to the market Experts. So, we will have to initiate a meticulous trading especially Buy Call and without any doubt we can initiate the Sell Call.

SENSEX closed at 19941 down by 59 points and NIFTY closed at 5991 down by 18 points from its previous close. CNX MIDCAP INDEX was purely down though the points are in the green by 0.20% and BSE SMALLCAP INDEX was down by 3.00%. The Market breadth was negative with the advances of 421 against the declines of 866 on the NATIONAL STOCK EXCHANGE.

Today’s top NIFTY gainers are MARUTI SUZUKI LTD, ABB LTD and HDFC and losers are JP Associates, Cairn India Ltd and RCom.


Today’s top SENSEX gainers are TECH MAHINDRA LTD, MOSER BEAR INDIA and PUNJLLOYD LTD and losers are Ispat Industries, Dabur India and Indiabulls Real Estate.

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