Friday, March 12, 2010

TIPS FOR 12.03.2010 FRIDAY


GOOD MORNING & Have A Nice DAY

PREMARKET& INTRADAY CALLS FOR 12.03.2010

FRIDAY

Buy GAIL above 419.50 SL 415 TGT 425

Buy Wipro above 712 SL 702 TGT 719.50

INVESTMENT CALL & DELIVERY CALLS 12.03.2010

BUY Fortis healthcare with SL 170-172

MARKET VIEW 12.03.2010 FRIDAY

Expect the markets to have a flat to positive opening.

NIFTY Support: 5078.85 - 5106.1
NIFTY Resistance: 5156.6 - 5179.85

WORLD & COMMODITY MARKET VIEW 12.03.2010

Asian Markets
Asian markets trading higher on Friday.
Nikkei Stock Average 225 up 0.46 percent at 10,713.73.
KOSPI Index up 0.06 pct at 1,657.63.
Shanghai Composite Index up 0.16 pct at 3,056.08.
US Markets
US Markets ended higher on Thursday.Dow Jones industrial average was up 45 points,up 0.42 percent, to 10,612. The Standard & Poor's 500 index ended higher at 1,150. The tech-heavy Nasdaq composite index ended higher to settle 2,368 .

European Stocks Ended Lower
European Markets ended lower on Thursday.Britain's FTSE 100 index ended down 0.41 percent down 23 points to 5,617,Germany's DAX ended down 0.14 percent down 8 points to 5,929,France's CAC 40 ended down 0.37 percent at 3,929 .
Commodities
Crude oil was up 16 cents to trade at $82.28 a barrel.Gold settle at $1,108 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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