Thursday, January 21, 2010

TIPS FOR 21.01.2010 THURSDAY

GOOD MORNING & Have a Nice DAY WISH U ALL A Happy & Profitable Trading!
INTRADAY CALLS FOR THURSDAY 21.01.2010
Buy Automobile Corporation of Goa Ltd (BSE) at 267-270 TGT of 282. SL 262
INVESTMENT CALL & DELIVERY CALLS
MIRCELECTR Buy above 19.3 SL 18.5 TGT 21-24 (3-4) days
Market view today THURSDAY 21.01.2010
Markets likely to see a weak opening. Support for nifty is at 5150-5170 and resistance at 5250
NIFTY LEVELS : NIFTY Res 5256-5288-5322 Sup 5183-5142-5111
Nifty (5222) we were expecting a sharp decline but the market sustained around the 5200 mark giving hopes that the market could bounce back in the next trading session…5200 is a Make or Break level. Aggressive traders can actually buy Nifty with a stop below 5200 for an up move.
The crucial support on the downside for the Nifty is 5200-5163 and resistance at 5300
BSE Sensex: (17474) the crucial support on the Sensex on the downside is 17312 and resistance at 17620


WORLD MARKETS UPDATE 21.01.2010
Asian MarketsAsian shares trading lower on Thursday.Nikkei Stock Average 225 up 39.47 points at 10,776.99.Hang Seng Index down 243.70 points at 21,042.47.KOSPI Index down 0.25 pct at 1,710.05.Shanghai Composite Index down 0.69 pct at 3,130.02.US Markets US Markets ended lower on Wednesday. Dow Jones industrial average down 122 points, down 1.14 percent, to 10,603. The Standard & Poor's 500 index ended down 1.06 percent down 12 points to 1,138. The tech-heavy NASDAQ composite index lost 1.26 percent down 29 points to 2,291.
European Stocks Ended LowerEuropean Markets ended lower on Wednesday. Britain’s FTSE 100 index ended down 1.68 percent down 92 points to 5,421,Germany's DAX ended down 2.09 percent down 125 points to 5,852,France's CAC 40 ended down 2.01 percent at 3,929.CommoditiesCrude oil was down $1.40 to trade at $77.62 a barrel. Gold settle at $1,113 an ounce
We wish you To Have a Superb Profitable Trading Day Today!!!
Regards,
RAKESH MAKIN
Chugh securities Pvt Ltd

+91 9915684997,9041667797(DIRECT)
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PANCHKULA (Haryana).
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