Tuesday, August 31, 2010

PREMARKET & INTRADAY CALLS FOR 30.08.2010 TUESDAY

GOOD MORNING & Have a Nice DAY

PREMARKET & INTRADAY CALLS FOR 31.08.2010 TUESDAY

Buy EIHOTEL 152.50 TGT 165 SL 147

SHORT TERM INVESTMENTCALLS 31.08.2010

BUY Kingfisher Airlines SL 57 TGT 68

Buy BPCL abv 772 SL 765 TGT 788

MARKET VIEW 31.08.2010 TUESDAY

Markets likely to open lower

BANK NIFTY

Bank nifty witnessed the correction today again and in the end made the closing marginally on green zone. The next vital short term support for bank nifty future seems to be at the level of 10500. Decisive closing below this support level may create more selling pressure in bank nifty future & may drag it till the lower levels of 10100 to 10110 in near run. In the upside the next resistance seems to be at the levels of 10940 to 10950. Decisive closing above this resistance zone may take up it till the level of 11200 in short term.

NIFTY

Nifty 5415technically an up move should be sold & strong resistance around 5460-5500 the market opened strong but traded flat technically the market is typically in sideways zone with strong resistance around 5460-5510 and a slide down to 5350 a possibility

The crucial support on the downside for the Nifty is 5350 and resistance at 5460-5510

SENSEX

BSE Sensex 18032 the crucial support on the Sensex on the downside is 17860 and resistance at 18160-18260

WORLD MARKET 31.08.2010 UPDATED 07.40AM

Asian markets were trading weak. China's Shanghai Composite was down 0.42% or 11.02 points at 2,641.65.

Hong Kong's Hang Seng fell 0.95% or 198 points at 20,539.22.

Japan's Nikkei plunged 2.35% or 214.71 points at 8,934.55.

Singapore's Straits Times slipped 0.49% or 14.37 points at 2,942.69.

South Korea's Seoul Composite shed 0.86% or 15.17 points at 1,744.96.

Taiwan's Taiwan Weighted was down 1.30% or 100.63 points at 7,640.57.

Today Results 31.08.2010 TUESDAY

ACIL Cot Indus Stock Split
HS India Results
Precision Wires Dividend
Aditya Ispat Results
Indus Fila General
Premier Cap Results
Admanum Fin Dividend, Results
Jaihind Syn Results
Premier Indus Results
Aftek Dividend, Results
Kalptaru Pap Results
Savera Indus General Aunde Faze Three Results
Kamadgiri Syn Dividend, Results
Sayaji Hotels Results
Birla Precision Dividend, Results
Lincoln Pharma Increase in Authorised Capital, Preferential Issue of shares
Shyamal Hold Results
Catvision Prod Results
LS Indus Results
South Indian Bank General
Ceekay Daikin General
Maha Rashtra Results
UCAL Fuel Dividend, Results
Coral Lab Dividend, Results
Maharashtra Seam Dividend, Results
Virinchi Tech General
Dharamsi Morarji Results
Mcnally Bharat Results
Vivo Bio Tech General
DIAMONPOWER Dividend, Results
Noble Explochem Results
VMF Sof Tech Results
Elder Projects Results
Parichay Invest Results
Volant Textile Results
GKB Ophthalmics Dividend, Results
Phil Corp Results
Zuari Forex Results
Hotel Rugby Results
Phoenix Intl Results

DIVIDENDS FOR 31.08.2010

AK Capital Dividend 6.00
GHCL Dividend 2.00
Harrisons Malayalam Scheme of Arrangement
NESCO Dividend 1.50
Radico Khaitan Dividend 0.60
Rasoi Final Dividend 1.00
Virat Indus Dividend 0.80

Regards,

RAKESH MAKIN

Chugh securities Pvt Ltd

+91 9915684997, 9041667797(DIRECT)

OFF 0172-4657997

PANCHKULA (Haryana).

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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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