INTRADAY FREE STOCK TIPS FOR NSE & BSE (21/12/2010)

INTRADAY FREE STOCK TIPS FOR NSE & BSE (21/12/2010)

SCRIP NAME	S1	S2	R1	R2
BAJAJ FINSERV LTD	448	442	461	469
ASHOK LEYLAND	62	60	66	68
ARVIND LTD	61	58	65	67
SINTEX INDUSTRIES	177	173	189	194
IVRCL INFRA	121	118	128	130
SESA GOA LTD	282	277	290	296
YES BANK	283	278	299	307
UNITED PHOSPHOROUS	148	144	158	163

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 (21/12/2010)

First day of this new week is looking lackluster though there was a huge performance by the Auto especially HeroHonda Ltd and IT Sectors. This week may have some rally to maintain the stability. But Realty Sectors once again reeling down. It is really important to note that NIFTY ended above 5900 points.

FORECAST: We may expect to see some volatility tomorrow, but technically it is in down trend only.

SENSEX got closed today at 19889 up by 24 points and NIFTY closed at 5947 down by 2 points from its previous close.

INTRADAY INSTANT TIPS FOR 21/12/2010

1) Buy Suryalakshmi Cotton Mills at 112/- and target Rs.119/-.

2) Sell IRB Infra @ Rs.222/- and target Rs.216/- stoploss Rs.226/-.