TIPS FOR 31.03.2010 WEDNESDAY

GOOD MORNING & Have a Nice DAY

PREMARKET&INTRADAY CALLS FOR 31.03.2010

WEDNESDAY

Buy Essar OIL above 140.35 SL 139 TGT 145

Buy Corporation Bank at 488-491 TGT 502 SL 481

INVESTMENT CALL & DELIVERY CALLS 31.03.2010

Buy Hindalco above 184.35 SL183.30 TGT 190

MARKET VIEW 31.03.2010 WEDNESDAY

Markets likely to see a flat opening

Support for nifty is at 5250 and resistance at 5320

BSE Sensex17590 the crucial support on the Sensex on the downside is 17575-17400 and resistance at 17810-17900

WORLD & COMMODITY MARKET VIEW 31.03.2010

Asian Markets
Asian markets trading flat on Wednesday.
Nikkei Stock Average 225 up 0.30 pct at 11,130.98.
Hang Seng Index down 0.13 pct at 21,348.04.
KOSPI Index down 0.01 pct at 1,700.04.
Shanghai Composite Index down 0.45 pct at 3,114.48.
US Markets
US Markets ended flat on Tuesday.Dow Jones industrial average was up 12 points,up 0.11 percent, to 10,907. The Standard & Poor's 500 index ended flat at 1,173. The tech-heavy Nasdaq composite index ended flat to settle 2,411 .

European Stocks Ended lower
European Markets ended lower on Tuesday.Britain's FTSE 100 index ended down 0.67 percent down 38 points to 5,672,Germany's DAX ended down 0.23 percent down 14 points to 6,142,France's CAC 40 ended down 0.33 percent at 3,987 .
Commodities
Crude oil was down 6 cents to trade at $82.31 a barrel.Gold settle at $1,107 an ounce

Regards,

RAKESH MAKIN

Chugh securities Pvt Ltd

+91 9915684997,9041667797(DIRECT)

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PANCHKULA (Haryana).

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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