Daily Market Update and Overview for 30th Sept 2011

29th Sept,2011 Thursday

Sensex: 16698.07 (252.05 points up)
Nifty: 5015.45 (69.55 points up)

MCX Gold: 25700 (up by 27)
INR:USD: 49.18

Dow:  11010.90
Nasdaq:  2491.58
CAC: 3012.46
Hang Seng: 18011.06
DAX: 5574.48
FTSE: 5192

Nifty was up today but may face resistance at 5046 and 5059 in intraday tomorrow.These are immediate tough resistance levels.

Nifty Gainers: JP Associate (7%),Kotak Bank (3%) and Infy (3%)
Nifty Losers: Sesa Goa (-2.22%),LT (-2.19%) and Rel Capital (-2.15%)

Overview for tomorrow (30th Sept,2011 Friday)

The Support Levels for Nifty for Tomorrow are 4937,4857 and 4809.
The Resistance levels for Nifty are 5065,5114 and 5193

Stock Recommendtations for Tomorrow are as follows

Buy HSIL.Target for Tomorrow 183 and 190
Buy Bom Dyeing.Target for Tomorrow 390
Buy Alok Textile.Target 20
Buy JP Power.Target 36
Buy Tulip.Target for Tomorrow 170