GOOD MORNING & Have a Nice DAYWISH U ALL A Happy & Profitable Trading!
INTRADAY CALLS FOR THURSDAY 11.02.2010
BUY Globus Spirits 104 TGT 109 SL101
BUY REI AGRO ABOVE 52.05 SL 50.70 TGT 53.80
INVESTMENT CALL & DELIVERY CALLS
BUY NTPC 195 PUT @ 1.80-1.90 SL 1.40 TGT 2.80
NIFTY
Res 4803-4845-4880
Sup 4714-4668-4625
Nifty (4757) technically it looks like a buy signal may emerge but structurally it still gives a feeling that the up move is more lie a reactive up move after a good fall…the crucial level to watch would be 4739’ yes the market unfolded reactive as expected and has closed in the red…now it gives a feeling that structurally the market could test 4700 once gain and if it does not then it is a good sign.
WORLD MARKETS UPDATE 11.02.2010
Asian Markets
Asian markets trading higher on Wednesday.
Hang Seng Index up 247 points at 20169.
KOSPI Index up 1.29 pct at 1,590.43.
Shanghai Composite Index up 0.27 pct at 2,990.42.
European Stocks Ended Higher
European Markets ended higher on Wednesday.Britain's FTSE 100 index ended up 0.39 percent up 20 points to 5,132,Germany's DAX ended up 0.69 percent up 38 points to 5,536,France's CAC 40 ended up 0.63 percent at 3,636.
Commodities
Crude oil was up 32 cents to trade at $74.83 a barrel.Gold was down 0.10 percent down $1 settle at $1,076 an ounce.
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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