INDIAN FREE SHARE MARKET INTRADAY TIPS (NSE BSE) FOR (31/08/2010)

SCRIP NAME	S1	S2	R1	R2
HDIL	254	248	267	274
IVRCL	152	148	159	163
SESAGOA LTD	313	308	323	329
TATA STEEL	522	516	531	537

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 (30/08/2010)

Today there was a high level volatility took place as the Bill of Direct tax code was tabled in the Parliament. Earlier, it was opened up nicely but failed to capitalize the momentum following the big sell off seen in the Infrastructure and IT sectors. Before the actual close of the market it has got stabilized since the Global Markets performed well and forced our markets to close in the green.

SENSEX closed at 18032 up by 33 points and NIFTY closed at 5415 up by 6 points from its previous close. CNX MIDCAP INDEX was down by 0.20% and BSE SMALLCAP INDEX was down by 0.95%. The Market breadth was negative with the advances of 529 against the declines of 746 on the NATIONAL STOCK EXCHANGE.

Today’s top NIFTY gainers are POWER GRID CORPORATION LTD, TATA STEEL LTD and ABB LTD and losers are Suzlon Energy Ltd, HCL Technologies Ltd and Siemens Ltd.

Today’s top SENSEX gainers are EI HOTELS LTD, POWER GRID CORPORATION LTD and TATA STEEL LTD and losers are Hindustan Construction Co. Ltd., Chennai Petroleum and Jet Airways Ltd.

INDIAN FREE SHARE MARKET INTRADAY TIPS (NSE BSE) FOR (30/08/2010)

SCRIP NAME	S1	S2	R1	R2
HDIL	255	249	270	280
IVRCL	156	153	162	165
SESAGOA LTD	314	310	323	329
TATA STEEL	504	494	520	531

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 (29/08/2010)

This was a bad week for our markets following the worst Global cues on Friday. We were to see some recovery during the F&O expiry day but in the last day of transaction had a bad hit by the European Markets forcing our markets to close in the Red and at the same time all the European Markets have recovered and got closed well ahead in the green than us. That makes our hopes alive in the forthcoming week as our markets are already looking strong to go past the global markets.

Overall market history for this week is as follows:

Sensex was down by 2.30% and Nifty was also down by 2.50%, CNX MIDCAP INDEX was down by 2.50% and BSE SMALLCAP INDEX was down by 2.60%. Every Sector has registered its lowest rate of percentage in this week.

More importantly, NIFTY was able to close above the 5400 mark but SENSEX had failed to close above 18000 mark. It is really a worrying factor. But we can expect our market back on track to rock again on Monday (30/08/2010) as the EUROPE and US MARKETS have closed in the green with a high note.

SENSEX closed at 17998 down by 227 points and NIFTY closed at 5409 down by 69 points from its previous close. CNX MIDCAP INDEX was down by 0.80% and BSE SMALLCAP INDEX was down by 1.30%. The Market breadth was negative with the advances of 305 against the declines of 990 on the NATIONAL STOCK EXCHANGE.

Today’s top NIFTY gainers are GAIL, ONGC and TATA STEEL LTD and losers are DLF, Axis Bank and Hero Honda Ltd.

Today’s top SENSEX gainers are ISPAT INDSUTRIES LTD, CUMMINS INDIA LTD and ONGC and losers are Lupin Ltd, Jai Corp Ltd and Hindustan Copper Ltd.