STOCK MARKET FREE INTRADAY TIPS FOR NSE & BSE(28/10/2010)
SCRIP NAME
S1
S2
R1
R2
POWER GRID
99
98
105
107
ADITYA BIRLA MONEY
40
39
44
46
JSW ENERGY
117
116
123
126
BAJAJ FINSERV
465
456
482
490
IVRCL INFRA
148
145
154
156
INFOTECH ENTER
159
156
165
169
SANGHVI MOVERS
178
176
186
188
ADHUNIK METALIKS
106
103
110
112
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 (27/10/2010)
Today overall there was a heavy selling pressure through out the day. All the sectoral indices have participated very well to pull down the points down.
SENSEX closed at 20005 down by 216 points and NIFTY closed at 6012 down by 269points from its previous close. The CNX MIDCAP INDEX was up by 0.40% and BSE SMALLCAP INDEXwas up by 0.310%.The Market breadth was negative with the advances of 447 points against the declines of 859 points on the NATIONAL STOCK EXCHANGE.
Today’s top NSE gainers are RCOM, M&M and TATA STEELand losers are NTPC, HDFC and Maruti Suzuki Ltd.
Today’s top BSE gainers are HINDUSTAN OIL EXPLORER, JETAIRWAYS and JSW STEEL and losers are Sintex Ltd, UBI and Indiabulls FinServ Ltd.
1)Buy Dr. Reddy's Laboratory in the Current Market Price (CMP) and book 5% profit within a week.
2)Power stocks like JSW Energy Ltd, Tata Power Ltd, NTPC and Power grid Corporation Ltd can be bought in the Current Market Price (CMP)for good returns in a short period.
1) BuySANGHVI MOVERS LTDimmediately at in the Current Market Price to book a handsome gains. Target amount is Rs.215/- within week's time.
2) Exit fromTV TODAY NETWORK LTDas it has already reached its maximum because it is in strong down. Next point of entry is Rs.72/- and that could be expected within a 10 days.
1) BUY SANGHVI MOVERS LTD @ AROUND Rs.181/- FOR BOTH INTRADAY PERSPECTIVE AS WELL AS ONE WEEK POSITIONAL CALL TRADING. ITS FIRST TARGET WITHIN A WEEK IS Rs.195/-. IInd TARGET IS Rs.220/- WITHIN TWO WEEKS.
2) BUY CHAMBAL FERTILIZERS LTD @ AROUND Rs.72/- FOR BOTH INTRADAY AND SHORT TERM POSITIONAL TRADING. ITS FIRST TARGET IS Rs.79/- AND IInd TARGET IS Rs.87/-.
3) BUY JSW ENERGY LTD @ AROUND Rs.123/- FOR BOTH INTRADAY AND SHORT TERM POSITIONAL GAINS FOR LESS THAN 15 DAYS. ITS FIRST TARGET IS Rs.132/- AND IInd TARGET IS Rs.145/-.