Tuesday, March 9, 2010

TIPS FOR 09.03.2010 TUESDAY



GOOD MORNING & Have A Nice DAY

PREMARKET& INTRADAY CALLS FOR 09.03.2010

TUESDAY

Buy Allahabad Bank 146.45 TGT 150 SL 142

Buy WIPRO above 702 SL 698TGT 708

INVESTMENT CALL & DELIVERY CALLS 09.03.2010

Buy BANKBARODA Above 603 SL 599 TGT 610

Buy Tata Sponge above 356 SL 353 TGT 365

MARKET VIEW 09.03.2010 TUESDAY

Markets likely to see a flat opening

Markets are moving in a range, which is surely will make the retailers, unsure of entering the markets. But in this trending region, the markets are surely going to move higher. The US markets appear to be not willing to go ahead without the company of other markets. But there too the markets are moving sideways for last 2 days. So expect side ward’s squeeze. US has not given exit signal still.

NIFTY Res 5158-5196-5235 Sup 5080-5053-5016

BSE Sensex 17103 the crucial support on the Sensex on the downside is 16925 and resistance at 17109-17272

WORLD & COMMODITY MARKET VIEW 09.03.2010

Asian Markets
Asian markets trading flat on Tuesday.
Nikkei Stock Average 225 down 0.09 percent at 10,575.89.
KOSPI Index down 0.33 pct at 1,654.62.
Shanghai Composite Index down 0.22 pct at 3,046.48.
US Markets
US Markets ended flat on Monday. Dow Jones industrial average was down 14 points, down 0.13 percent, to 10,553. The Standard & Poor's 500 index ended flat at 1,139. The tech-heavy NASDAQ composite index ended higher to settle 2,332.

European Stocks Ended Flat European Markets ended flat on Monday. Britain’s FTSE 100 index ended up 0.12 percent up 7 points to 5,607,Germany's DAX ended down 0.02 percent down 1 points to 5,876 ,France's CAC 40 ended down 0.18 percent at 3,904 . Commodities Crude oil was down 26 cents to trade at $81.61 a barrel. Gold settle at $1,125 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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