FREE INTRADAY SHARE MARKET TIPS FOR NSE & BSE (23/12/2010)


SCRIP NAME

S1

S2

R1

R2

BAJAJ FINSERV LTD

440

435

456

464

ASHOK LEYLAND

63

61

68

70

ADHUNIK METALIKS

98

96

105

108

SINTEX INDUSTRIES

165

162

177

182

IVRCL INFRA

120

117

128

130

SESA GOA LTD

298

293

316

322

YES BANK


299


293


318


325


UNITED PHOSPHOROUS

155

151

165

168

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 (22/12/2010)

Today almost a flat negative closing but we must be very careful as Nifty is already tired and it has all the reasons to come down. It is really very important to note that NIFTY ended below 6000 points.

FORECAST: We may expect to see some volatility and in the end with negative points.

NIFTY Range: S1 – 5950, S2 – 5930, R1 – 6015 & R2 - 6035

SENSEX got closed today at 20016 down by 46 points and NIFTY closed at 5984 down by 16 points from its previous close.

TODAY'S INSTANT TIPS:

1) Buy LIC HOUSING FINANCE and target Rs.970/- Stoploss Rs.925/-

2) Sell CARBORANDUM UNIVERSAL LTD around Rs.255/- and Target Rs.244/- stoploss Rs.261/-


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