Tuesday, March 2, 2010

TIPS & MARKET VIEW FOR 02.03.2010 TUESDAY



GOOD MORNING & Have A Nice DAY

INTRADAY CALLS FOR 02.03.2010 TUESDAY

Buy Suzlon above 70.40 TGT 72.75 -74.20 -76.50 SL 67.80 (INTRA +DELIVERY)

Buy CROMPTON GREAVES above 416 SL 409 TGT 423-430

Buy Hero Honda Motors 1778-1790 TGT 1815 SL 1768

INVESTMENT CALL & DELIVERY CALLS

Buy Can Bank 397 SL 391 TGT 403-407

BUY Alok Industries SL 22 TGT 27

SELL ITC FUTURE Below 234 SL 236 TGT 230

MARKET VIEW 02.03.2010 TUESDAY

Markets likely TO SEE A Gap up Opening

INTRADAY NIFTY SUPPORT 4899 AND RESISTANCE 4949

Resistance for Nifty is at 4970 (closing basis) Support at 4920.

BSE Sensex (16430) the crucial support on the Sensex on the downside is 16200 and resistance at 16714-16965

WORLD & COMMODITY MARKET VIEW 02.03.2010

US Markets
US Markets ended higher on Monday. Dow Jones industrial average was up 78 points, up 0.76 percent, to 10,404. The Standard & Poor's 500 index ended up 1.58 percent to settle at 2,274. The tech-heavy NASDAQ composite index up 1.58 percent up 35 points to 2,274

European Stocks Ended Higher
European Markets ended higher on Monday. Britain’s FTSE 100 index ended up 0.96 percent up 51 points to 5,406,Germany's DAX ended up 2.06 percent up 115 points to 5,714 ,France's CAC 40 ended up 1.64 percent at 3,770
Commodities
Crude oil was up 10 cents to trade at $78.80 a barrel. Gold settle at $1,118 an ounce

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Regards,

RAKESH MAKIN

Chugh securities Pvt Ltd

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PANCHKULA (Haryana).

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WISH U ALL HAPPY & SAFE TRADING

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