FREE STOCK TIPS FOR 02 JUNE 2011

    

Script	C/F	Position	Level	Targets	SL	Follow Up
HDFC BANK	CASH	BUY	2410	Tg1- 2425 Tg2- 2450	2389	Not Executed yet
TATA MOTORS	CASH	SELL	1072	Tg1- 1064 Tg2- 1054	1084	2nd Target Achieved
BEML	CASH	SELL	602	Tg1- 596  Tg2-586	610.4	2nd Target Achieved
IDEA CELLULAR	CASH	BUY	70.5	Tg1- 71.5  Tg2- 73	68.90	1st Target Achieved

Nifty Spot Levels : 2 JUNE 11

Today market closed up  +31.85 points or   (0.57%) and finally settled at  5,592.00   and  sensex closed up  +105.53  points or  22 (0.57%) and finally settled at 18,608.81.  

Nifty closed and settled finally at 5,592.00   up by  +31.85  points. Indian equity benchmarks continued their uptrend for second repeated session on Wednesday. The 50-share Nifty spot closed below the 5600 mark - it tried to cross that level during the day but could not make it.

In upcoming trading session there is higher possibility that nifty spot manages between narrow range of 5670-5500 and if it breaks the level 5670 then it would be go down and next support would be 5625 and if it breaks the level 5500 then would go higher and next resistance would be 5540 i.e nifty would vary between broad range of 5625-5540

Bank Nifty Futures Levels : 2 JUNE 11

Bank  Nifty Index Lost 10952. In upcoming trading session,Bank nifty futures is possible to vary between narrow range of 10805-11040 and if it breaks the level 10805 then it would go down upto next support 10670. If bank nifty futures does not sustain at 11040 then it would go high upto next resistance that is bank nifty future would vary between broad range of 11670 -11150