Thursday, December 17, 2009

TIPS FOR 17.12.2009


GOOD MORNING & HAVE A NICE DAY

INTRADAY CALLS FOR THURSDAY:17.12.2009
Buy JPASSO above 223 SL 218 TGT 225-227-231
BUY TataMotors above 702 TGT 727, 738 SL 695
Buy Vijay Shanthi Builders Ltd at 42.80, TGT 44.20. SL 41.60Buy Godawari Power & Ispat Ltd at 170.40, TGT 177. SL 166
INVESTMENT CALL & DELIVERY CALLS
BUY STERLIN BIO 100 SL 98.50 TGT 101.50-102
SUZLON Buy Above 80 SL77 TGT88-92-105
INDIAN ADRS WIPRO GAINS 6.5%, TATAMOTORS, DRREDDY UP
Astro view, December 17, 2009
Nifty will be particularly unpredictable on December 18, 21, 22, 23 and30. Don't take a position on Nifty on 23, 24, and 29 December, 2009.For January 2010, the following dates will be extremely volatile, andwill see extraordinary fluctuation in the market:1, 5, 7, 12, 13, 14, 15(Crucial day: stay away from the Pharma sector),18, 28, 29. For the coming few days, Ganesha advises you to trade a day at a time.Whatever you buy, you are better of selling it the same day. Today, thepositioning of stars in the zodiac is likely to cause high scalevolatility at Nifty.11:20 to 12:40 Ganesha indicates a negative trend at Nifty. (-0.08)12:40 to 13:40 Ganesha indicates a positive trend at Nifty. (0.10)13:50 to 14:30 Don't do anything during this period. No matter how muchyou calculative or innovative you are, you won't be able to benefit fromit. (-0.01) 14:30 to 15:05 For the next 35 minutes, Nifty may show a sharp surge. But it's up to you to decide whether to take risk or not for such abrief period of time. (0.10) 15:05 to 15:30 It's OK if you don't make any money during this phase, your focus should be not to lose any. Best course of action is to stay away from the market. (0.02)
MARKET OUTLOOK 17.12.2009
Nifty (5042) we seen ‘technically the trend is now down and if we get any rallies then these rallies out to be sold until a strong support emerges’ the market took support like a dot on 500 and closed in the green but technically the trend is still down and if we get any rallies then these rallies until 5100 can still be sold as 5100 is a strong resistance to deal with…

The crucial support on the downside for the Nifty is 4950 and resistance at 5100-5182

BSE Sensex: (16913) the crucial support on the Sensex on the downside is 16660 and resistance at 17050
WORLD MARKETS UPDATE
Asian MarketsAsian shares trading mixed on Thursday.Nikkei Stock Average 225 up 44.05 points at 10,221.46.Hang Seng Index down 116.10 points at 21,495.64.KOSPI Index down 0.52 pct at 1,655.61.Shanghai Composite Index down 1.07 pct at 3,220.27.US Markets

US Markets ended flat on Wednesday. Dow Jones industrial average down 11 points, down 0.10 percent, to 10,441. The Standard & Poor's 500 index up 1 points,up 0.11 percent, to 1,109. The tech-heavy NASDAQ composite index up 6 points, up 0.27 percent, to 2,207.
European Stocks Ended HigherEuropean Markets ended higher on Wednesday. Britain’s FTSE 100 index ended up 0.65 percent up 34 points to 5,320 ,Germany's DAX ended up 1.58 percent up 92 points to 5,903,France's CAC 40 ended up 1.09 percent at 3,876.

CommoditiesCrude oil was down 15 cents to trade at $72.50 a barrel. Gold settle at $1,136 an ounce.

We wish you To Have A Superb Profitable Trading Day Today!!!
Regards,
RAKESH MAKIN
Chugh securities Pvt Ltd
+91 9915684997, 9041667797
PANCHKULA (Haryana).
Email:makin_97@yahoo.com
Email:rakeshmakin@yahoo.com
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WISH U ALL HAPPY & SAFE TRADING

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