In the coming week we have to be careful as it is a short week with just 3 trading days and Friday being also a holiday and thus participation from operators and traders will be low. People will tend to keep themselves light and another aspect worth mention is redemption pressure by Hedge funds on 30 Sep 2009. One needs to watch whether buyers continue to buy the dips.
Support and Resistance for BSE and NSE
| Index | Support | Resistance |
| Sensex | 16425 | 16825-17075 |
| Nifty | 4929-4899 | 5025-5161 |
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Intraday Profit from NSE Nifty Day Trading Tips
| STOCK | PROFIT (RS) |
| PNB | 630 |
| Ranbaxy | 2035 |
| Tip 3 | Tip was range bound and gave meager returns and closed near entry price. |
| Balance Tips | Stock did not reach the entry price and thus stock was not traded. |
Profit Analysis for F&O Subscribers
| Stock | Profit (Rs) |
| Tip 1 | 6300 |
| Balance Tip | Trade Not Initiated as entry price did not reach. |
BSE and NSE Mkt Recap for Last Friday
Profit taking ahead of the long weekend pulled down the Indian market lower on the first day of October series in the derivative segment. To add to the woes,global cues were negative on concerns the U.S. Federal Reserve would start unwinding some stimulus measures soon. A recovery in the afternoon proved short lived as the European markets reversed their early gains. The BSE Sensex finished at 16,693, down 88 points or 0.53% and the S&P CNX Nifty fell 28 points or 0.55% to 4,959.
Indian IPO Update
SEBI clears Indiabulls Power IPO
Thinksoft lowers IPO price band, extends closure.
Intraday Hot Day Trading Equity Calls
Benefit from Swing Trading Calls
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