GOOD MORNING & Have a Nice DAY WISH U ALL A Happy & Profitable Trading!
INTRADAY CALLS FOR WEDNESDAY 20.01.2010
Buy Gammon India Ltd at 257.40, TGT 265. SL 252
INVESTMENT CALL & DELIVERY CALLS
Buy LITL (Lanco Infratech) 50-51.85, SL 48 & TGT 56-57 & 61-63 (5 DAYS)
Market view today WEDNESDAY 20.01.2010
Markets likely to see a flat opening. Support for nifty is at 5170 and resistance at 5300
Nifty (5275) the market should be considered up as long as 5232 holds and profit booking is expected in the upper regions as the market is typically still in sideways zone’ the market has seen the profit booking and in the process has generated a negative pattern and a sharp decline is not ruled out…
The crucial support on the downside for the Nifty is 5163 and resistance at 5300
BSE Sensex: (17585) the crucial support on the Sensex on the downside is 17312 and resistance at 17620
WORLD MARKETS UPDATE 20.01.2010
Asian MarketsAsian shares trading Mixed on Wednesday.Nikkei Stock Average 225 up 53.91 points at 10,818.81.Hang Seng Index down 221.53 points at 21,456.45.KOSPI Index up 0.19 pct at 1,713.48.Shanghai Composite Index down 1.56 pct at 3,196.13.US Markets US Markets ended higher on Tuesday.Dow Jones industrial average up 116 points,up 1.09 percent, to 10,725. The Standard & Poor's 500 index ended up 1.25 percent up 14 points to 1,150. The tech-heavy Nasdaq composite index gained 1.42 percent up 32 points to 2,320.
European Stocks Ended HigherEuropean Markets ended higher on Tuesday.Britain's FTSE 100 index ended up 0.34 percent up 19 points to 5,513,Germany's DAX ended up 0.98 percent up 58 points to 5,976,France's CAC 40 ended up 0.81 percent at 4,010.CommoditiesCrude oil was down 41 cents to trade at $78.61 a barrel.Gold settle at $1,141 an ounce.
We wish you To Have a Superb Profitable Trading Day Today!!!
Regards,
RAKESH MAKIN
Chugh securities Pvt Ltd
+91 9915684997,9041667797(DIRECT)
OFF 0172-4657997
PANCHKULA (Haryana).
Email:makin_97@yahoo.com
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WISH U ALL HAPPY & SAFE TRADING
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