"TRADING IDEA FOR FRIDAY (25.03.2011)"

The BSE 30-share Sensex was up 144.58 points or 0.79% to 18,350.74, its best closing since 16 March 2011. The index rose 63.16 points at the day's low of 18,269.32 in afternoon trade. The Sensex gained 167.81 points at the day's high of 18,373.97 in morning trade. The S&P CNX Nifty was up 42.15 points or 0.77% to 5,522.40, its best closing since 14 March 2011. The Nifty hit an intraday high of 5,529. The BSE Mid-Cap index rose 0.78% and the BSE Small-Cap index rose 0.67%. Both these indices underperformed the Sensex.
The market breadth was positive. On BSE, 1616 shares advanced while 1304 shares declined and a total of 121 shares remained unchanged. The breadth was much stronger earlier in the day. The total turnover on BSE amounted to Rs.3006 crore, lower than Rs. 4257 crore on Wednesday, 23 March 2011. Among the 30-member Sensex pack, 24 advanced while the rest of them declined.
FOR TODAY: EU as well as US markets were closed in GREEN. All Asian markets are trading in Green. SGX Nifty if trading at 5580, 31 points up at 8.40 a.m.
WATCH 5565 AND 5610 LEVEL  WHEREAS ON THE DOWNSIDE WATCH 5489 LEVEL.
"Confused what to Buy or what to Sell ? Check here for INTRADAY CALL"