BSE and NSE index is showing upmove, however September month is going to be wild and thus one must keep an eye on support and resistances as stated.September month can show future direction for the market. Sensex support exist at 15690 with resistance at 16046-16248. NSE Nifty has support at 4660 with resistance is at 4789-4904. Overall trend is up.
Stock Market News worth Tracking
NHPC is going to list on Stock Exchange on 1st September, 2009
3G Auction bid is going to start at Rs. 3,500 crore.
Govt eyes Rs 2200cr through Oil India IPO.
Warren Buffett feels that US Fed governor Bernanke is doing correct things at Fed despite inflation threat.
Profit analysis from free stock recommendations
CESC was the star tip of the day which closed with 6.78% and thus profit during the day was Rs 2870, Adlabs gains were Rs 670, Sterlite gains for the day were Rs 790, Sanghvi movers profit was Rs 690, PFC gains were Rs 350, ABB made money Rs 690, Orchid profit for the day was Rs 165 for every 100 shares traded as per the given tip. Tata Communications did not reach the entry price and thus trade was not executed.
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