Tuesday, February 2, 2010

TIPS FOR 02.02.2010


GOOD MORNING & Have a Nice DAY
WISH U ALL A Happy & Profitable Trading!

INTRADAY CALLS FOR TUESDAY 02.02.2010
Buy Rajesh Exports Ltd L 99.45 TGT 103 SL 97.50

Buy Polyplex Corporation Ltd 211.85 TGT 220 SL 207
INVESTMENT CALL & DELIVERY CALLS
BUY ASHTAVINAYAK 19.50 SL 18 TGT 23++++++
MARKET VIEW 02.02.2010 TUESDAY
Nifty (4900) the market has taken support near 4800 and has closed in the green but somehow it gives an impression that it is still a 2-3 day typical correction up move and so one ought to be trading long as long as 4827 holds as breach of 4827 would be a first sign of weakness…
The crucial support on the downside for the Nifty is 4827-4765 and resistance at 4967-5029
BSE Sensex: (16356) the crucial support on the Sensex on the downside is 16148 and resistance at 16643

WORLD MARKETS UPDATE 02.02.2010
Asian MarketsAsian markets trading higher on Tuesday.Nikkei Stock Average 225 up 1.80 percent at 10,389.13.Hang Seng Index up 0.61 points at 20,243.75.KOSPI Index up 0.55 pct at 1,615.32.Shanghai Composite Index up 1.00 pct at 2,970.90.US Markets US Markets ended higher on Monday.Dow Jones industrial average up 118 points,up 1.17 percent, to 10,186. The Standard & Poor's 500 index ended up 1.43 percent up 15 points to 1,089. The tech-heavy Nasdaq composite index gained 1.11 percent up 24 points to 2,171.
European Stocks Ended HigherEuropean Markets ended higher on Monday.Britain's FTSE 100 index ended up 1.14 percent up 59 points to 5,247,Germany's DAX ended up 0.81 percent up 46 points to 5,654,France's CAC 40 ended up 0.60 percent at 3,762.CommoditiesCrude oil was up 67 cents to trade at $75.10 a barrel.Gold settle at $1,105 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).
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WISH U ALL HAPPY & SAFE TRADING

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