NEWYORK STOCK EXCHANGE REPORTS FOR 15/11/2010

1) NASDAQ - 2495(R1) - 2471(R2) - 2543(S1) - 2570(S2)


2) DOW JONES - 11122(R1) - 11050(R2) - 11262(S1) - 11332(S2)

FORECAST: Market is now looking to comedown as it has become so tired. Moreover, the reports of CISCO System is clearly indicating that the figures of next quarter results will not be as much as the Market Analysts expected and we must try to be happy if we get to see atleast half of our expectations.

INTRADAY TARGET


1) NASDAQ - 2420 (R1) - 2445(R2) - 2380(s1) - 2355(s2)

2)DOW JONES IND - 11058(R1) - 11113(R2) - 10955(S1) - 10900(S2)


As far as our markets are concerned, it is again and again looking to hit the top. So, there is no need to close any long positions which are already in your DP account. You may expect to go further and square off in the weekend.

TOMORROW OUR MARKET MAY GO UP AS IT HAS GOT CLOSED IN THE LAST DAY OF TRADING IN THE GREEN WITH A HIGH NOTE.


THE TRADING RANGES COULD BE AS MENTIONED BELOW:

NASDAQ: R(1) : 2173 R(2): 2192 S(1) 2117 S(2) 2080

DOW JONES : R(1) 10228 R(2) 10306 S(1) 10004 S(2) 9859

U.S. MARKETS HAVE NO NEWS TO FOLLOW NOW. SO IT IS FOLLOWING MAINLY EUROPE AND INDIAN MARKETS.


BETTER TO BE CAUTIOUS TO PRESERVE YOUR CAPITAL. BUT OVERALL TREND IS BULLISH ONLY.

PLEASE CONCENTRATE IT SECTORS AND BANK SECTORS TO BOOK A QUICK PROFIT.

FREE DAYTRADING TIPS OF NASDAQ (08/16/2010)


SCRIP NAME

S1

S2

R1

R2

INTEL CORP

19.05

18.90

19.26

19.40

SUN HEALTHCARE

7.95

7.80

8.15

8.25

MARVEL TECHNOLOGY GR

14.35

14.10

14.55

14.75

AUTODESK INC

27.15

26.10

28.45

29.40

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.

SUMMARY OF TODAY’S TRADING 08/13/2010



Today our market has ended up at 2173.48 losing 16.79 points from its previous close. As we have seen several ups and downs during the trading ours, Market Analysts say that there will be a little rally on Monday.

Moreover, please avoid going long and do cautious trading as market is functioning without any direction. Also, we can initiate Short trading from intraday perspective in the Terrastar Corp after a small raise.

Today’s Top performer TRUBION PHARMACEUTICAL INC, PREMIER EXHIBITION and INTERSECTIONS INC and losers are Terrastar Corp, Freeseas Inc (Free) and Ambassadors International Inc.