GOOD morning have a nice day WISH U ALL A Happy & profitable trading!
Markets likely to open flat. Resistance for nifty is at 5190.
INTRADAY CALLS FOR THURSDAY 24.12.2009
UNITECH Buy around 81 SL 80 TGT 84
Buy Engineers India Ltd at 1508, TGT 1535. SL 1487
Markets likely to open flat. Resistance for nifty is at 5190.
INTRADAY CALLS FOR THURSDAY 24.12.2009
UNITECH Buy around 81 SL 80 TGT 84
Buy Engineers India Ltd at 1508, TGT 1535. SL 1487
Buy Sterlite Technologies Ltd at 334.90, TGT 342. SL 329
INVESTMENT CALL & DELIVERY CALLS
BUY 3i Infotech Stop Loss 88 Target 110
BUY Cairn India Stop Loss 274 Target 292
Market view today 24.12.2009
Nifty (4986) we seen‘the market closed positive due to short covering and in the process has generated a reversal pattern that needs to be confirmed and I would say the market is likely to be up as long as 4950 holds’ the market stayed above the 4950 mark and closed hugely in the green trapping the shorts as expected the market is likely to be up with profit booking coming in on the last day of the week before the long weekend…thereafter we go into an F&O expiry and the market is expected to stay subdued in the F&O expiry week.
The crucial support on the downside for the Nifty is 5100 and resistance at 5182-5250
BSE Sensex: (17231) the crucial support on the Sensex on the downside is 17000 and resistance at 17500
Nifty made a bounce and is on the border to entering a trending range. It is to be seen that whether Nifty can jump across 5180. Because if it fails then it would be the third time unlucky. But looking by the strength of today, I guess it should be a breeze.
Next stop – 5500. As most indicators are indicating a rally…………………….
Astro view, THURSDAY, December 24 2009
On December 20, 2009, Jupiter is changing its sun sign. And its effectswill start showing from December 18, 2009 onwards. The market will gohaywire. You will not know what to do. Ganesha advises you to avoidtaking a long-term stand on anything. Square your positions daily.Last week, Nifty average was -26 points and Nifty total was -130 points.So over all, it was mostly a waste of time. Now you know why Ganesha wassaying what it said in the last week's prediction.Nifty will be particularly unpredictable on December 21, 22, 23 and 30.Don't take a position on bank Nifty on December 23, 24, and 29.Stick to delivery-based intraday during the next week.Today, the time around 15:15 is very crucial. Chances are that themarket will be on the negative during this period.Ganesha foresees today as an extremely boring day. He believes that youwill earn at the market only if you play it smartly. Most part of theday will get used up in settlements. Ganesha advises you to stay awayfrom bank Nifty.10:05 to 10:50- Mutual Funds, traders, and investors is likely to drivethe Nifty in the upward direction. (0.16)10:50 to 11:15- the weightage is zero. Don't cling to a position toomuch.11:15 to 12:30- You may experience selling pressure at Nifty. (-0.08)12:30 to 15:30- the market will be repeatedly changing trend. It willnot settle down, and don't even expect it to. Keep on exiting.
WORLD MARKETS UPDATE 24.12.2009
Asian MarketsAsian shares trading higher on Thursday.Nikkei Stock Average 225 up 136.20 points at 10,514.23.Hang Seng Index up 140.26 points at 21,469.00.KOSPI Index up 1.12 pct at 1,679.94.Shanghai Composite Index up 1.23 pct at 3,111.61.US Markets US Markets ended higher on Wednesday. Dow Jones industrial average up 1 points, up 0.01 percent, to 10,466. The Standard & Poor's 500 index up 3 points, up 0.23 percent, to 1,121. The tech-heavy NASDAQ composite index up 17 points, up 0.75 percent, to 2,270.
European Stocks Ended HigherEuropean Markets ended higher on Wednesday. Britain’s FTSE 100 index ended up 0.82 percent up 44 points to 5,372 ,Germany's DAX ended up 0.20 percent up 12 points to 5,957 ,France's CAC 40 ended up 0.32 percent at 3,911.CommoditiesCrude oil was up 80 cents to trade at $77.47 a barrel. Gold settle at $1,095 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
Blog :http://wwwmakin97-nse.blogspot.com/
Home page: http://in.groups.yahoo.com/group/makin97NSEtips
Group mail id: makin97NSEtips@yahoogroups.co.in
WISH U ALL HAPPY & SAFE TRADING
INVESTMENT CALL & DELIVERY CALLS
BUY 3i Infotech Stop Loss 88 Target 110
BUY Cairn India Stop Loss 274 Target 292
Market view today 24.12.2009
Nifty (4986) we seen‘the market closed positive due to short covering and in the process has generated a reversal pattern that needs to be confirmed and I would say the market is likely to be up as long as 4950 holds’ the market stayed above the 4950 mark and closed hugely in the green trapping the shorts as expected the market is likely to be up with profit booking coming in on the last day of the week before the long weekend…thereafter we go into an F&O expiry and the market is expected to stay subdued in the F&O expiry week.
The crucial support on the downside for the Nifty is 5100 and resistance at 5182-5250
BSE Sensex: (17231) the crucial support on the Sensex on the downside is 17000 and resistance at 17500
Nifty made a bounce and is on the border to entering a trending range. It is to be seen that whether Nifty can jump across 5180. Because if it fails then it would be the third time unlucky. But looking by the strength of today, I guess it should be a breeze.
Next stop – 5500. As most indicators are indicating a rally…………………….
Astro view, THURSDAY, December 24 2009
On December 20, 2009, Jupiter is changing its sun sign. And its effectswill start showing from December 18, 2009 onwards. The market will gohaywire. You will not know what to do. Ganesha advises you to avoidtaking a long-term stand on anything. Square your positions daily.Last week, Nifty average was -26 points and Nifty total was -130 points.So over all, it was mostly a waste of time. Now you know why Ganesha wassaying what it said in the last week's prediction.Nifty will be particularly unpredictable on December 21, 22, 23 and 30.Don't take a position on bank Nifty on December 23, 24, and 29.Stick to delivery-based intraday during the next week.Today, the time around 15:15 is very crucial. Chances are that themarket will be on the negative during this period.Ganesha foresees today as an extremely boring day. He believes that youwill earn at the market only if you play it smartly. Most part of theday will get used up in settlements. Ganesha advises you to stay awayfrom bank Nifty.10:05 to 10:50- Mutual Funds, traders, and investors is likely to drivethe Nifty in the upward direction. (0.16)10:50 to 11:15- the weightage is zero. Don't cling to a position toomuch.11:15 to 12:30- You may experience selling pressure at Nifty. (-0.08)12:30 to 15:30- the market will be repeatedly changing trend. It willnot settle down, and don't even expect it to. Keep on exiting.
WORLD MARKETS UPDATE 24.12.2009
Asian MarketsAsian shares trading higher on Thursday.Nikkei Stock Average 225 up 136.20 points at 10,514.23.Hang Seng Index up 140.26 points at 21,469.00.KOSPI Index up 1.12 pct at 1,679.94.Shanghai Composite Index up 1.23 pct at 3,111.61.US Markets US Markets ended higher on Wednesday. Dow Jones industrial average up 1 points, up 0.01 percent, to 10,466. The Standard & Poor's 500 index up 3 points, up 0.23 percent, to 1,121. The tech-heavy NASDAQ composite index up 17 points, up 0.75 percent, to 2,270.
European Stocks Ended HigherEuropean Markets ended higher on Wednesday. Britain’s FTSE 100 index ended up 0.82 percent up 44 points to 5,372 ,Germany's DAX ended up 0.20 percent up 12 points to 5,957 ,France's CAC 40 ended up 0.32 percent at 3,911.CommoditiesCrude oil was up 80 cents to trade at $77.47 a barrel. Gold settle at $1,095 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
Blog :http://wwwmakin97-nse.blogspot.com/
Home page: http://in.groups.yahoo.com/group/makin97NSEtips
Group mail id: makin97NSEtips@yahoogroups.co.in
WISH U ALL HAPPY & SAFE TRADING
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