Wednesday, February 3, 2010

TIPS FOR 03.02.2010 WEDNES DAY


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

INTRADAY CALLS FOR WEDNESDAY 03.02.2010
Buy McDowell Holdings Ltd above 96.90 TGT 100 SL 95
INVESTMENT CALL & DELIVERY CALLS
IFCI Buy Above 53 SL 49 TGT 60-64
MARKET VIEW 03.02.2010 WEDNESDAY
Markets likely to see a slightly higher opening.
Today we can also expect a rally. Nifty may open around 4850-60 levels. The level to be watched is 4880 break out will lead Nifty to 4900-4920 levels. In down side 4820 is very major levels. Below this we can see 4800-4770 levels

WORLD MARKETS UPDATE 03.02.2010
Asian MarketsAsian markets trading higher on Wednesday.Nikkei Stock Average 225 up 0.28 percent at 10,400.60.Hang Seng Index up 125.48 points at 20,397.66.KOSPI Index up 0.59 pct at 1,605.16.Shanghai Composite Index down 1.01 pct at 2,905.11.US Markets US Markets ended higher on Tuesday. Dow Jones industrial average up 111 points, up 1.09 percent, to 10,297. The Standard & Poor's 500 index ended up 1.30 percent up 14 points to 1,103. The tech-heavy NASDAQ composite index gained 0.87 percent up 19 points to 2,190.
European Stocks Ended HigherEuropean Markets ended higher on Tuesday. Britain’s FTSE 100 index ended up 0.68 percent up 36 points to 5,283,Germany's DAX ended up 0.98 percent up 55 points to 5,710,France's CAC 40 ended up 1.33 percent at 3,812.CommoditiesCrude oil was down 42 cents to trade at $76.81 a barrel. Gold settle at $1,118 an ounce.

We wish you To Have a Superb Profitable Trading Day Today!!!
Regards,
RAKESH MAKIN
Chugh securities Pvt Ltd

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WISH U ALL HAPPY & SAFE TRADIING

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