TIPS FOR 24.02.2010 WEDNESDAY

GOOD MORNING & Have a Nice DAY

INTRADAY CALLS FOR 24.02.2010 WEDNESDAY

BUY RUCHI SOYA 101 SL 97 T 104/106

Buy Zensar Technologies.288 with SL 283 TGT 310 - 320

INVESTMENT CALL & DELIVERY CALLS

Buy Sun Pharma above 1573 SL 1565 TGT 1584

MARKET VIEW24.02.2010 WEDNESDAY

The crucial support on the downside for the Nifty is 4800 and resistance at 4918-4975-4993

BSE Sensex: (16286) the crucial support on the Sensex on the downside is 16000 and resistance at 16575

WORLD MARKETS & COMMODITY UPDATE 24.02.2010

Asian Markets
Asian markets trading lower on Wednesday.
Nikkei Stock Average 225 down 2.12 percent at 10,132.35.
KOSPI Index down 1.29 pct at 1,607.96.
Shanghai Composite Index down 0.72 pct at 2,960.97.
US Markets
US Markets ended down on Tuesday.Dow Jones industrial average was down 101 points,down 0.97 percent, to 10,282. The Standard & Poor's 500 index ended down at 1,095 . The tech-heavy Nasdaq composite index down 1.28 percent down 29 points to 2,213.

European Stocks Ended Lower
European Markets ended lower on Tuesday.Britain's FTSE 100 index ended down 0.69 percent down 37 points to 5,315,Germany's DAX ended down 1.48 percent down 84 points to 5,604 ,France's CAC 40 ended down 1.32 percent at 3,707 .
Commodities
Crude oil was up 32 cents to trade at $79.18 a barrel.Gold settle at $1,103 an ounce.

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RAKESH MAKIN

Chugh securities Pvt Ltd

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