Tuesday, April 13, 2010

TIPS FOR 13.04.2010 TUESDAY


GOOD MORNING & Have a Nice DAY

PREMARKET & INTRADAY CALLS FOR 13.04.2010

TUESDAY

BUY ZEEL 292.50 TGT 295-297SL 288

Buy M M Forgings at 81.30 TGT 85 SL 78

INVESTMENT CALL & DELIVERY CALLS 13.04.2010

Buy NOIDA TOLLBRIDGE at 34 TGT 37 - 43

Buy BIOCON above 310 SL 280 TGT 345

MARKET VIEW 13.04.2010 TUESDAY

Markets likely to see a flat opening

Nifty (5340) as seen the market managed to stay above our crucial level of 5290 and closed in the green for the day and the week. Technically the trend is still intact up’ the market has seen some profit booking and is waiting for the Infosys results to be declared tomorrow…we should see some big move coming in either way

The crucial support on the downside for the Nifty is 5290 and resistance at 5448

BSE Sensex 17853 the crucial support on the Sensex on the downside is 17680 and resistance at 18112

WORLD & COMMODITY MARKET VIEW 13.04.2010

Asian Markets
Asian markets trading mixed on Tuesday.
Nikkei Stock Average 225 down 0.98 pct at 11,141.30.
Hang Seng Index up 0.52 pct at 22,252.88.
KOSPI Index down 0.21 pct at 1,706.64.
Shanghai Composite Index up 1.14 pct at 33,164.81.
US Markets
US Markets ended flat on Monday.Dow Jones industrial average was up 9 points,up 0.08 percent, to 11,006. The Standard & Poor's 500 index ended up at 1,196. The tech-heavy Nasdaq composite index ended up to settle 2,458.

European Stocks Ended Flat
European Markets ended flat on Monday.Britain's FTSE 100 index ended up 0.12 percent up 7 points to 5,778 ,Germany's DAX ended flat at 6,251 ,France's CAC 40 ended flat at 4,051.

Commodities
Crude oil was down 19 cents to trade at $84.15 a barrel.Gold settle at $1,154 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


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