Friday, April 23, 2010

PREMARKET & INTRADAY CALLS FOR 23.04.2010 FRIDAY

GOOD MORNING & Have a Nice DAY

PREMARKET & INTRADAY CALLS FOR 23.04.2010

FRIDAY

Buy shopper's stop 402 SL 397 TGT 410

Buy CHAMBLFERT 64.60 TGT 66-67 SL 63

INVESTMENT CALL & DELIVERY CALLS 23.04.2010

Buy Sun TV above 434 SL 427 TGT 443

MARKET VIEW 23.04.2010 FRIDAY

Nifty managed to close above the level of 5250 after the sharp decline from the higher resistance of 5345 to 5350. As we had mentioned in our previous report that one could buy nifty future at current levels for the target of 5300 to 5320, today it did. Now we recommend for tomorrow that traders could go for sell in nifty future below the level of 5200 for the target of 5115 to 5120 with the stop loss of 5245. And if it not breaks the level of 5200 then traders could go for long in nifty future with the stop loss of 5200 for the target of 5350 to 5375.

Today Results 23.04.2010 FRIDAY

3I Infotech Dividend, Results GMR Industr Results
RIL Dividend, Results Adc India Comm Results
Hindoostan Spin Results Rishabh Digha Dividend, Results
Aditya Birla Money Results Hindustan Hardy Dividend, Results Rolcon Engr Dividend, Results Areva T&D Results
India Gelatine Results ARIH SUPER Dividend, Preferential Issue of shares, Results Jain Marble Results
SKF India Results Arshiya Intl Results
Kanani Industr Results SKP Securities Dividend, Results
Asahi Infra Increase in Authorised Capital, Results Mahindra Lifesp Dividend, Results South Asian Petr Results
Binani Inds Dividend, Results Merck Results
SS Forgings Results Brakes Auto Results MMTC Results
Nippo Battr Dividend, Results State Bank Trav Dividend, Results Citurgia Bio Results PANTALBNDVR Results
Supreme Petro Results Clariant Chem Results
Pantaloon Retl Results
Corporation Bank Dividend, Results PERSISTENT Dividend, Results Piramal Glass Dividend, Results Vertex Spin Results
Entegra Results Prakash Inds General
Visu Intl General Firstobject Tech General
Procter & Gamble Results Wheels India General
GIVO Results RAS Resorts Results
Wipro Dividend, Results Glaxosmithkl Cons Results
Reliable Vent Results Zenith Fibres Results

WORLD & COMMODITY MARKET VIEW 23.04.2010

Asian Markets
Asian markets trading lower on Friday.
Nikkei Stock Average 225 down 0.31 pct at 10,914.83.
Hang Seng Index down 0.36 pct at 21,378.22.
KOSPI Index down 0.14 pct at 1,737.17.
Shanghai Composite Index up 0.13 pct at 3,003.48 .
US Markets
US Markets ended flat on Thursday.Dow Jones industrial average was up 9 points,up 0.08 percent, to 11,134. The Standard & Poor's 500 index ended up at 1,209. The tech-heavy Nasdaq composite index ended up to settle 2,519 .

European Stocks Ended lower
European Markets ended lower on Thursday.Britain's FTSE 100 index ended down 1.02 percent down 58 points to 5,665,Germany's DAX ended higher down 0.99 pct 62 points at 6,169,France's CAC 40 ended lower at 3,925 .
Commodities
Crude oil was down 8 cents to trade at $83.78 a barrel.Gold settle at $1,141 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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