Friday, May 7, 2010

PREMARKET & INTRADAY CALLS FOR 07.05.2010 FRIDAY

GOOD MORNING & Have a Nice DAY

BREAKING NEWS

The Dow plunged nearly 1,000 points before paring those losses, apparently triggered by a trader error. Sources told CNBC a trader entered a "b" for billion instead of an "m" for million in a trade possibly involving Procter & Gamble.

Nasdaq cancels trades made over 20-min. period

PREMARKET & INTRADAY CALLS FOR 07.05.2010

FRIDAY

Sell GESHIP Below 305 SL 310 TGT 298-295

Buy RNRL 68.55 TGT 69.40 -70 SL 67.10

SHORT TIME INVESTMENTCALLS 07.05.2010

Buy SUZLON 71.80 TGT 73.50- 75 SL 70

MARKET VIEW 07.05.2010 FRIDAY

Nifty made the closing below the level of 5100 today and now could continue this selling pressure and could drag till the lower level of 4950 in near term. As we had already mentioned in our previous report that one could go for sell on nifty future below 5100 for target of 5025 to 5030 today it did.

NIFTY RESISTANCE-5115-5139-5180 SUPPORT-5066-5043-5000
SENSEX Resistance-17059-17130-17250 SUPPORT-16915-16845-16727

Today Results 07.05.2010 FRIDAY

Aditya Birla Nuvo Dividend, Results Geodesic Buy Back of Shares, Results Panasonic Home Dividend, Results Advani Hotels Results
Gujarat Foils Preferential Issue of shares Piramal Health Dividend, Result

Aeonian Invest Dividend, Results Hindustan Dorr Dividend, Results Pratibha Indus Dividend, Results Aftek Results
Hindustan Org Results Prism Info Dividend, Results
Amalgamated Electricity co Results ICSA India Results
Priyadarshini Spn Results Artson Engineering Results
Infomedia 18 Results Rubra Med Results
Assam Co Results ITI Results
Sam Leaseco Results Assam Petro Results
J Kumar Infra Dividend Shyamal Hold Results
Asutosh Enter Results JMG Corp Results
SRF Dividend, Results Bank of India Dividend, Results
Kemrock Inds General Sunshield Chem Results
BCC Finance Results KPIT Cummins Dividend, Results
Suraj Stainl Results Best & Crompton Results
Lloyds Finance Results Tata Metaliks Results
Biopac India Results Mahalaxmi Rub General
Tea Time Results Carnation Inds Results
MANJEERA Results Tinplate Co Dividend, Results
Cheviot Co Dividend, Results Marksans Pharma Results
Torrent Power Dividend, Results Cifco Finance Results
NIIT Dividend, Results Trigyn Tech Results
Cipla Results Nitta Gelatin Dividend, Results
Tulsi Extr Increase in Authorised Capital Daikaffil Chem Dividend, Results Northern Proj Results Uflex Results
Dhanlaxmi Fab Results Novartis India Dividend, Results
Vardhman Tex Dividend, Results Digjam Results
Oracle Fin Dividend, Results Voltamp Trans Dividend, Results
Ekam Leasing Results Orient Bev Results
Financial Eyes Results Panacea Bio Dividend, Results

US has breached important levels downwards.

Dow Jones fall almost 1000 points in intraday

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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