Tuesday, December 22, 2009

TIPS & MARKET VIEW monday 22.12.2009


GOOD morning have a nice day Happy and profitable trading!

INTRADAY CALLS FOR FRIDAY 22.12.2009
Buy strictly only if NIFTY moves only in Positive Direction
Buy Nava Bharat Ventures ltd 398.75, TGT 409. SL392.
Buy Genesys International Corporation Ltd 200.40, TGT 209
PUNJLLOYD Sell Below 194 SL 197.50 TGT 188
Sell LT below 1605 SL 1629 SL 1581.15
INVESTMENT CALL & DELIVERY CALLS
BUY Arvind Stop Loss 35 Target 46
Buy Titan above 1413SL 1392 TGT 1434 1455

Market view today 22.12.2009
Nifty (4953) the market unfolded down as expected but interestingly the market has closed right on support and the market is oversold on short term indicators… now if we get a good sharp decline then that decline would be an opportunity for buying …as the market is likely to bounce back after a decline...
The crucial support on the downside for the Nifty is 4850 and resistance at 5000
BSE Sensex: (16601) the crucial support on the Sensex on the downside is 16385 and resistance at 16780
US closed very good and Asia opened very good. I guess the euphoria will spread to Indian towns also.
Beware of high openings. Expect oscillation between 5000 – 20
.
Astro view, Monday, December 22 2009
Ganesha sees today as a day when you won't understand anything thattranspires at the market. Yearly graph is losing strength, and monthlygraph is lending little support during the month. Over all, it's aboring week.10:05 to 12:30- Nifty will show maximum volatility due to FIIs and ADR.So don't trade with a fixed mindset. The weight age of this prediction isaverage: not too positive, but not exactly zero. (0.02)12:30 to 13:35- Leave Nifty to the arbitrators. If you wait for themarket to meet your expectations, you will be disappointed. It's best ifyou stick to positive jobbing. (0.11)13:35 to 14:10- Nifty may lose its positive run. (-0.04)14:10 to end of the trading day- Nifty will first move upwards and thenwill see selling during the last 15 minutes. Anything can happen duringthis period.(0.05)
WORLD MARKETS UPDATE 22.12.2009

Asian MarketsAsian shares trading higher on Tuesday.Nikkei Stock Average 225 up 103.80 points at 10,287.27.Hang Seng Index up 230.54 points at 21,178.64.KOSPI Index up 0.36 pct at 1,650.09.Shanghai Composite Index down 0.38 pct at 3,111.02.US Markets US Markets ended higher on Monday. Dow Jones industrial average up 85 points, up 0.83 percent, to 10,414. The Standard & Poor's 500 index up 12 points, up 1.05 percent, to 1,114. The tech-heavy NASDAQ composite index up 26 points, up 1.17 percent, to 2,238.
European Stocks Ended HigherEuropean Markets ended higher on Monday. Britain’s FTSE 100 index ended up 1.87 percent up 97 points to 5,294 ,Germany's DAX ended up 1.70 percent up 99 points to 5,931,France's CAC 40 ended up 2.05 percent at 3,872.CommoditiesCrude oil was down 89 cents to trade at $72.47 a barrel. Gold settle at $1,096 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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