tips for thursday 31.12.2009

GOOD MORNING & have a nice DAY WISH U ALL A Happy & profitable trading!
WISH U VERY HAPPY NEW YEAR 2010
INTRADAY CALLS FOR THURSDAY 31.12.2009
BUY NIRMA LTD 215.15, TGT 222. SL 210
BUY ORANCLE FININCIAL SERVICES SOFTWARE LTD 2322.25, TGT 2366. SL 2294
SIEMENS Buy Around 582-583 SL 577 TGT 590
INVESTMENT CALL & DELIVERY CALLS
Buy HINDOILEXP above 301 SL 296 TGT 308-312
Market view today THURSDAY 31.12.2009
NIFTY FUTURE: Crucial Support at 5153 if break then slide for 5138 to 5116. At upside resistance around 5190 if sustain above this level then go for 5212 to 5227.BSE SENSEX: Hurdle around 17414, if cross this then go for 17486 to 17532. Support at 17296 if break then slide for 17250 to 17178
Nifty (5169) as a trader I would book my profits near these regions and head into January with an open mind’ the market could not sustain itself and profit booking came in as expected. Technically the market looks tired and profit booking is expected and 5200 is a strong resistance to deal with…
The crucial support on the downside for the Nifty is 5111 and resistance at 5250
BSE Sensex: (17344) the crucial support on the Sensex on the downside is 17146-17000 and resistance at 17500
WORLD MARKETS UPDATE 31.12.2009
Asian MarketsAsian shares trading higher on Thursday.Hang Seng Index up 260.84 points at 21,757.46.Shanghai Composite Index up 0.34 pct at 3,273.71.US Markets US Markets ended flat on Wednesday. Dow Jones industrial average up 3 points, up 0.03 percent, to 10,549. The Standard & Poor's 500 index ended flat to 1,126. The tech-heavy NASDAQ composite index up 3 points, up 0.13 percent, to 2,291.
European Stocks Ended LowerEuropean Markets ended lower on Wednesday. Britain’s FTSE 100 index ended down 0.73 percent down 40 points to 5,398 ,Germany's DAX ended down 0.90 percent down 54 points to 5,957,France's CAC 40 ended down 0.62 percent at 3,936.CommoditiesCrude oil was up 28 cents to trade at $79.56 a barrel. Gold settle at $1,092 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
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