Monday, March 8, 2010

TIPS FOR 08.03.2010 MONDAY


GOOD MORNING & Have A Nice DAY

PREMARKET& INTRADAY CALLS FOR 08.03.2010

MONDAY

Buy Avaya GlobalConnect 240.55 TGT 248 SL 234

Buy Sesa Goa above 458 SL 454 TGT 464

INVESTMENT CALL & DELIVERY CALLS 08.03.2010

Buy Hero Honda above 1880 SL 1870 TGT 1907

Buy ABB above 823 SL 815 TGT 835

MARKET VIEW 08.03.2010 MONDAY

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

WORLD & COMMODITY MARKET VIEW 08.03.2010

Asian Markets
Asian markets trading higher on Monday.
Nikkei Stock Average 225 up 1.76 percent at 10,551.30.
Hang Seng Index up 1.52 percent at 10,358.51.
KOSPI Index up 1.14 pct at 1,653.16.
Shanghai Composite Index up 0.67 pct at 3,051.28.
US Markets
US Markets ended higher on Friday.Dow Jones industrial average was up 122 points,up 1.17 percent, to 10,566. The Standard & Poor's 500 index ended higher at 1,139. The tech-heavy Nasdaq composite index ended higher to settle 2,326.

European Stocks Ended Higher
European Markets ended higher on Friday.Britain's FTSE 100 index ended up 1.31 percent up 73 points to 5,600,Germany's DAX ended up 1.42 percent up 82 points to 5,877,France's CAC 40 ended up 2.14 percent at 3,910.
Commodities
Crude oil was up 38 cents to trade at $81.88 a barrel.Gold settle at $1,138 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

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