Thursday, January 14, 2010

TIPS FOR 14.01.2010

GOOD MORNING & Have a Nice DAY WISH U ALL A Happy & Profitable Trading! WISH U HAPPY PONGAL AND MAHARSANKRANTI
INTRADAY CALLS FOR THURSDAY 14.01.2010

Buy Bata India at 209.10, TGT 216. SL 204.
Buy Harrison Malayalam at 139.80, TGT 143. SL 136
INVESTMENT CALL & DELIVERY CALLS
PUNJLLOYD Buy Above 214 SL211 TGT 219 Intraday+DEL
Market view today THURSDAY 14.01.2010
Markets likely to see a flat opening. Nifty has support at 5170 resistance at 5250
Nifty (5234) we SEEN technically the market is still down and may find support in day or two’ and the market as expected and took support right in our zone of support of 5180-5163 and bounce back to close positive for the day…technically the we could see some up move but there would be an overhang of stiff selling but the level to watch would be 5200 and if that goes then I would Short the Nifty for the next week…
The crucial support on the downside for the Nifty is 5163 and resistance at 5300
BSE Sensex: (17510) the crucial support on the Sensex on the downside is 17312 and resistance at 17667
WORLD MARKETS UPDATE 14.01.2009
Asian MarketsAsian shares trading higher on Thursday.Nikkei Stock Average 225 up 106.09 points at 10,841.1.Hang Seng Index up 223.51 points at 21,972.11.KOSPI Index up 0.90 pct at 1,686.39.Shanghai Composite Index up 0.67 pct at 3,193.85.US Markets US Markets ended higher on Wednesday. Dow Jones industrial average up 54 points, up 0.50 percent, to 10,681. The Standard & Poor's 500 index ended up 0.83 percent up 9 points to 1,146. The tech-heavy NASDAQ composite index gained 1.12 percent up 26 points to 2,308.
European Stocks Ended MixedEuropean Markets ended mixed on Wednesday. Britain’s FTSE 100 index ended down 0.46 percent down 25 points to 5,473,Germany's DAX ended up 0.34 percent up 20 points to 5,963,France's CAC 40 ended up 0.02 percent at 4,001.CommoditiesCrude oil gained 22 cents to trade at $79.87 a barrel. Gold settle at $1,138 an ounce.
We wish you To Have a Superb Profitable Trading Day Today!!!

Regards,
RAKESH
MAKIN
Chugh securities Pvt Ltd
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