Friday, March 5, 2010

TIPS FOR 05.03.2010 FRIDAY


GOOD MORNING & Have A Nice DAY

PREMARKET& INTRADAY CALLS FOR 05.03.2010

FRIDAY

Buy Hitachi Home & Life Solutions at 182.45 TGT 188 SL 178

Buy DLF above 305 SL 303 TGT 309-311

Sell Renuka Sugar at 174 SL 175 TGT 168

INVESTMENT CALL & DELIVERY CALLS 05.03.2010


BUY IndusInd Bank SL 158 TGT 170

Buy NagarConst above 159 SL 157 TGT 162-164

MARKET VIEW 05.03.2010 FRIDAY

The crucial support on the downside for the Nifty is 5050-5030 and resistance at 5125-5175

BSE Sensex 16972 the crucial support on the Sensex on the downside is 16480 and resistance at 17109-17272

WORLD & COMMODITY MARKET VIEW 05.03.2010

Asian Markets
Asian markets trading higher on Friday.
Nikkei Stock Average 225 up 2.10 percent at 10,358.51.
KOSPI Index down 0.77 pct at 1,630.61.
Shanghai Composite Index down 0.44 pct at 3,036.78.
US Markets
US Markets ended higher on Thursday. Dow Jones industrial average was up 47 points, up 0.45 percent, to 10,444. The Standard & Poor's 500 index ended higher at 1,123. The tech-heavy NASDAQ composite index ended higher to settle 2,292.

European Stocks Ended Lower
European Markets ended lower on Thursday. Britain’s FTSE 100 index ended down 0.11 percent down 6 points to 5,527,Germany's DAX ended down 0.39 percent down 23 points to 5,795,France's CAC 40 ended down 0.37 percent at 3,828.
Commodities
Crude oil was up 32 cents to trade at $80.54 a barrel.Gold settle at $1,134 an ounce

Regards,

RAKESH MAKIN

Chugh securities Pvt Ltd

+91 9915684997,9041667797(DIRECT)

OFF 0172-4657997

PANCHKULA (Haryana).

Email:makin_97@yahoo.com

Email:rakeshmakin@yahoo.com

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WISH U ALL HAPPY & SAFE TRADING

Disclaimer

These recommendations are based on the theory of technical analysis and personal observations. This does not claim for profit. We are not responsible for any losses made by traders. It is only the outlook of market with reference to it's previous performance. You are advised to take your positions with your sense and judgment. We are trying to consider fundamental validity of stocks as far as possible, but demand and supply affects with vision, variation. [Our subscribers have positions in the above recommended scripts

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