TIPS FOR 17.03.2010 WEDNESDAY

GOOD MORNING & Have A Nice DAY

PREMARKET&INTRADAY CALLS FOR 17.03.2010

WEDNESDAY

BUY REPRO 107 TGT 115 SL 100

BUY IVRCL Infrastructure and Projects 337 SL 327 TGT 348

Buy Reliance above 1082 SL 1072 TGT 1108

INVESTMENT CALL & DELIVERY CALLS 17.03.2010

BUY Merck Ltd at 656.40 SL 648 TGT 667

BUY BPCL Around 542-544 SL 538 TGT 553

MARKET VIEW 17.03.2010 WEDNESDAY

Markets likely to see a positive opening

The crucial support on the downside for the Nifty is 5160 and resistance at 5217-5250

BSE Sensex17383 the crucial support on the Sensex on the downside is 17250 and resistance at 17272

WORLD & COMMODITY MARKET VIEW 17.03.2010

Asian Markets
Asian markets trading higher on Wednesday.
Nikkei Stock Average 225 up 0.65 percent at 10,791.43.
Hang Seng Index up 0.76 pct at 21,183.30.
KOSPI Index up 0.97 pct at 1,664.07.
Shanghai Composite Index up 0.34 pct at 3,003.05.
US Markets
US Markets ended higher on Tuesday.Dow Jones industrial average was up 44 points, up 0.41 percent, to 10,686. The Standard & Poor's 500 index ended higher at 1,159. The tech-heavy NASDAQ composite index ended higher to settle 2,378.

European Stocks Ended Higher
European Markets ended higher on Tuesday. Britain’s FTSE 100 index ended up 0.48 percent up 27 points to 5,620,Germany's DAX ended up 1.14 percent up 67 points to 5,971,France's CAC 40 ended up 1.23 percent at 3,939.
Commodities
Crude oil was up 15 cents to trade at $81.89 a barrel. Gold settle at $1,122 an ounce

Regards,

RAKESH MAKIN

Chugh securities Pvt Ltd

+91 9915684997,9041667797(DIRECT)

OFF 0172-4657997

PANCHKULA (Haryana).

Email:makin_97@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