INDIAN SHARE MARKET FREE DAY TRADING GUIDE FOR NSE & BSE (13/10/2010 )
| SCRIP NAME | S1 | S2 | R1 | R2 |
| INFOTECH ENTERPRISES | 171 | 168 | 179 | 185 |
| IFCI LTD | 73 | 72 | 79 | 81 |
| JSW ENERGY | 120 | 118 | 126 | 129 |
| NOIDA TOLL BRIDGE CO LTD | 34 | 32 | 36 | 37 |
| AMTEK AUTO LTD | 153 | 150 | 158 | 162 |
| ANDHRA SUGARS | 122 | 120 | 128 | 131 |
| SANGHVI MOVERS | 181 | 178 | 188 | 193 |
| IDEA CELLULAR | 71 | 69 | 75 | 77 |
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..(S-SUPPORT LEVEL & R-RESISTANCE LEVEL)
SUMMARY OF TODAY’S TRADING (12/10/2010)
We have witnessed today that our market has underperformed due to the Global Markets pressure of selling. But it was trying to recover in the last session of the trading with the help of Healthcare, Fertilizers, Financial Services and IT Sectors. At the same time, there was a big fall out in the morning and it was escalated till evening 3.00pm. otherwise, it must have got closed in the green.
Anyway we can atleast hold all the long positions till the IInd quarter results of Infosys Ltd. Once again, we reiterate that Smallcap and Midcap is going to be the safety bed for investment.
SENSEX closed at 20203 down by 136 points and NIFTY closed at 6090 down by 45 points from its previous close. CNX MIDCAP INDEX was down by 0.70% and BSE SMALLCAP INDEX was down by 0.03%. The Market breadth was negative with the advances of 433 points against the declines of 855 points on the NATIONAL STOCK EXCHANGE.
Today’s top NSE gainers are RCOM, TCS and M&M and losers are Kotak Mahindra, JP Associates and SAIL.
Today’s top BSE gainers are M&M, UNITED PHOSPHOROUS and IDEA CELLULAR and losers are Rural Electric, Zee Entertainment and Exide Industries Ltd.
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