INTRADAY FREE SHARE MARKET TIPS FOR NSE & BSE (11/01/2011)
| SCRIP NAME | S1 | S2 | R1 | R2 |
| TATA ELXSI LTD | 276 | 271 | 292 | 298 |
| TVS MOTORS | 59 | 56 | 65 | 67 |
| ADHUNIK METALIKS | 98 | 95 | 105 | 109 |
| SINTEX INDUSTRIES | 161 | 156 | 170 | 176 |
| IVRCL INFRA | 112 | 109 | 121 | 124 |
| AMTEK AUTO | 119 | 115 | 125 | 130 |
| DEWAN HOUSING | 233 | 228 | 246 | 253 |
| BAJAJ FINSERV LTD | 432 | 426 | 448 | 456 |
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 (10/01/2011)
Today our markets have completely outperformed. No Sector was able to close in the green except IT Sectors and the worst affected is REALTY, CAPITAL GOODS, BANKING and POWER SECTORS. PHARMACEUTICAL SECTOR has shown some kind of resistance though there was a deep cut in both the indices.
FORECAST: Market may go down up to 5700 in the NIFTY and then there is going to be a definitely pullback rally. So everyone must use the opportunity to see a huge profit.
5700, R1 – 5800 & R2 – 5825.
1) BUY DEWAN HOUSING in the CMP and Target Rs.249/- Stop loss Rs.231/-.
2) BUY REC LTD in the CMP and Target Rs.280/- stop loss Rs.255/-
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