Thursday, March 18, 2010

TIPS FOR 18.03.2010 THURSDAY


GOOD MORNING & Have A Nice DAY

PREMARKET&INTRADAY CALLS FOR 18.03.2010

THURSDAY

Buy India Cement above 125 SL 122 TGT 126-128

Buy Era Infra Engineering 220.80 TGT 227 SL 215

INVESTMENT CALL & DELIVERY CALLS 18.03.2010

Buy Hindalco above 173 TGT 175 -178 SL 170

MARKET VIEW 18.03.2010 THURSDAY

Nifty continues its upward moves, albeit with ID negative moves. Tdys mv indicates some amount of selling into the market. But one need not worry about the scrips powering the nifty, as the bullish flavor remains very strong. Target remains high even now........

The crucial support on the downside for the Nifty is 5160 and resistance at 53000

BSE Sensex 17490 the crucial support on the Sensex on the downside is 17400 and resistance at 17635

WORLD & COMMODITY MARKET VIEW 18.03.2010

Asian Markets
Asian markets trading flat on Thursday.
Nikkei Stock Average 225 down 0.21 percent at 10,823.94.
Hang Seng Index up 0.10 pct at 21,405.57.
KOSPI Index up 0.21 pct at 1,686.44.
Shanghai Composite Index up 0.04 pct at 3,051.72.
US Markets
US Markets ended higher on Wednesday. Dow Jones industrial average was up 48 points, up 0.45 percent, to 10,734. The Standard & Poor's 500 index ended higher at 1,166. The tech-heavy NASDAQ composite index ended higher to settle 2,389 .

European Stocks Ended Higher
European Markets ended higher on Wednesday. Britain’s FTSE 100 index ended up 0.43 percent up 24 points to 5,645,Germany's DAX ended up 0.89 percent up 53 points to 6,024,France's CAC 40 ended up 0.48 percent at 3,958.
Commodities
Crude oil was down 27 cents to trade at $82.64 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

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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