GOOD MORNING & Have a Nice DAY
PREMARKET & INTRADAY CALLS FOR 16.08.2010
MONDAY
Buy ANANTRAJ 138.80 TGT 143 SL 134
SHORT TERM INVESTMENTCALLS 16.08.2010
Buy Mangalore Refinery & Petrochemicals SL 77.50 TGT 85
Buy D B Realty Ltd for TGT Rs 460-475 SL 443
MARKET VIEW 16.08.2010 MONDAY
NIFTY
Nifty witnessed the yet another positive sessions & in end closed in the green zone. Yesterday it was overall the positive consolidation day for the market. The next key hurdle for nifty future seems to be at the level of 5500. Decisive closing above this resistance may take up it till the levels of 5600 to 5610 in near run. As for trading we already recommend buy on dips until it close below 5350 for the targets of 5500, 5550.
SENSEX
Resistance-18225-18283-18379
Support-18109-18051-17955
(Weekly View)
The support for the Sensex is at 18000-17850-17500-16950 and strong resistance at 18356.
WORLD MARKET 16.08.2010 UPDATED 07.40AM
Asian markets were trading lower.
Today Results 16.08.2010 MONDAY
FIEM Industries Dividend, Results
Krypton Industries Results
Shree Ganesh Forg Results
GDL Leasing Results
Mewat Zinc Results
Sika Interplant Dividend, Results
GS Auto Results
Nava Bharat Ventures General
Telephoto Ent Results
Inter State Oil Dividend, Results
PVP Ventures Results
DIVIDENDS FOR 16.08.2010
Enrich Industries Reduction of Capital
Gulshan Polyols Dividend 1.25
Priya Dividend 0.50
Tata Power Dividend 12.00
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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