MARKET ENDED 20.01.2010 WEDNESDAY

WE ALL PERFORMED TODAY

SENSEX 17474.49 -11.57
NIFTY 5221.70 -3.95
NASDAQ 2176.05 +6.87
DJIA 10426.31 -11.11
RS/$ 46.25 -0.16
Equities ended a lacklustre session little changed on Wednesday as traders lacked conviction to buy at higher levels. Subdued global indices also impacted sentiments. Analysts are of the view that the market will remain rangebound in absence of triggers and may see some knee-jerk reaction following Reserve Bank of India’s policy review this month end. Market opened higher but failed to find support from Asian peers and drifted lower. Though the indices have been moving in a narrow range, experts are bullish and expect a breakout. Nifty is likely to continue to consolidate between 5150-5250 up to expiry. But we are expecting a breakout next month. Once Nifty moves above 5300 it will head towards 5500 range. Infrastructure, PSU and consumer durables look positive while FMCG, healthcare and capital goods will underperform.

National Stock Exchange’s Nifty ended at 5221.70, down 3.95 points or 0.08 per cent. The 50-share index hit a high of 5256.70 and low of 5201.40 intraday. Bombay Stock Exchange’s Sensex closed at 17,474.49, down 11.57 points or 0.07 per cent. The index touched an intraday high of 17590.59 and low of 17425.05. BSE Midcap Index was down 0.27 per cent while BSE Smallcap Index edged up 0.07 per cent. Amongst the sectoral indices, BSE Realty Index fell 1.91 per cent, BSE PSU Index slipped 1.25 per cent and BSE Oil&gas Index declined 1.31 per cent. BSE Metal Index was up 0.46 per cent and BSE Auto Index gained 0.43 per cent. In the Sensex pack, Jaiprakash Associates (-3.12%), ONGC (-2.92%), Sterlite Industries (-1.79%), DLF (-1.76%) and Wipro (-1.63%) ended with losses. Wipro’s consolidated net sales for quarter ended December stood at Rs 6963.40 crore against Rs 6940.20 crore. Net profit rose to Rs 1217.40 crore against Rs 1161.70 crore. Bharti Airtel (3.41%), Maruti Suzuki (2.62%), Tata Steel (2.49%), Hindalco Industries (1.78%), ICICI Bank (1.59%) resisted the fall. Market breadth on BSE was negative with 1689 declines outnumbering 1220 advances. European markets were in the red as profit booking emerged in banks. US stocks are likely to follow suit. At 5 pm IST, Dow Jones futures was down 0.39 per cent, S&P 500 slipped 0.45 per cent and Nasdaq 100 was down 0.48 per cent.
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
Blog :http://wwwmakin97-nse.blogspot.com/
Home page: http://in.groups.yahoo.com/group/makin97NSEtipsGroup mail id: makin97NSEtips@yahoogroups.co.in

GOOD NIGHT

TIPS FOR 20.01.2010 HAPPY WEDNESDAY

GOOD MORNING & Have a Nice DAY WISH U ALL A Happy & Profitable Trading!
INTRADAY CALLS FOR WEDNESDAY 20.01.2010
Buy Gammon India Ltd at 257.40, TGT 265. SL 252
INVESTMENT CALL & DELIVERY CALLS
Buy LITL (Lanco Infratech) 50-51.85, SL 48 & TGT 56-57 & 61-63 (5 DAYS)
Market view today WEDNESDAY 20.01.2010
Markets likely to see a flat opening. Support for nifty is at 5170 and resistance at 5300
Nifty (5275) the market should be considered up as long as 5232 holds and profit booking is expected in the upper regions as the market is typically still in sideways zone’ the market has seen the profit booking and in the process has generated a negative pattern and a sharp decline is not ruled out…
The crucial support on the downside for the Nifty is 5163 and resistance at 5300
BSE Sensex: (17585) the crucial support on the Sensex on the downside is 17312 and resistance at 17620
WORLD MARKETS UPDATE 20.01.2010
Asian MarketsAsian shares trading Mixed on Wednesday.Nikkei Stock Average 225 up 53.91 points at 10,818.81.Hang Seng Index down 221.53 points at 21,456.45.KOSPI Index up 0.19 pct at 1,713.48.Shanghai Composite Index down 1.56 pct at 3,196.13.US Markets US Markets ended higher on Tuesday.Dow Jones industrial average up 116 points,up 1.09 percent, to 10,725. The Standard & Poor's 500 index ended up 1.25 percent up 14 points to 1,150. The tech-heavy Nasdaq composite index gained 1.42 percent up 32 points to 2,320.
European Stocks Ended HigherEuropean Markets ended higher on Tuesday.Britain's FTSE 100 index ended up 0.34 percent up 19 points to 5,513,Germany's DAX ended up 0.98 percent up 58 points to 5,976,France's CAC 40 ended up 0.81 percent at 4,010.CommoditiesCrude oil was down 41 cents to trade at $78.61 a barrel.Gold settle at $1,141 an ounce.
We wish you To Have a Superb Profitable Trading Day Today!!!
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
Blog :http://wwwmakin97-nse.blogspot.com/
Home page: http://in.groups.yahoo.com/group/makin97NSEtips
Group mail id: makin97NSEtips@yahoogroups.co.in
WISH U ALL HAPPY & SAFE TRADING

MARKET ENDED 19.01.2010

Indian markets ended near day’s lows Tuesday as traders turned bearish with the negative opening of European markets. Second rung stocks OUtperformed the benchmarks also pared gains and ended on a weak note. Equities opened subdued in line with other Asian peers and remain rangebound with negative bias. Lack of triggers and a weak European opening pulled the indices lower to psychological support levels.
Bombay Stock Exchange’s Sensex ended at 17464.56, down 176.52 points or 1 per cent. The index touched a low of 17463.78 and high of 17664.86.
National Stock Exchange’s Nifty closed at 5223.80, down 51.05 points or 0.97 per cent. The 50-share index touched an intra-day low of 5218.65 and high of 5287.80. “If Nifty sustains above 5290-5300 levels then it may move toward 5380-5400 levels.
On the downside if it falls below 5230 levels then selling pressure may get intense. Medium term market trend looks positive till the time Nifty sustains above 5150 levels. BSE Midcap Index was down 0.66 per cent and BSE Smallcap Index slipped 0.53 per cent. Amongst the sectoral indices, BSE Realty Index slipped 1.84 per cent, BSE IT Index fell 1.70 per cent and BSE Oil&gas Index declined 1.69 per cent. BSE Bankex gained 0.40 per cent and BSE PSU Index advanced 0.36 per cent.
Hindalco Industries (-3.11%), ACC (-2.87%), Sun Pharma (-2.45%), Grasim Industries (-2.19%) and TCS (-2.16%) were amongst the top Sensex losers. BHEL (0.83%), SBI (0.77%) and HDFC Bank (0.42%) were the only top index gainers. Market breadth was negative on the BSE with 1129 gainers and 1816 losers. European markets were in the red and US stock futures were pointing towards a mixed opening after an extended weekend. At 4:50 pm IST, Dow Jones futures was down 0.11 per cent, S&P 500 slipped 0.11 per cent and Nasdaq 100 was up 0.08 per cent.

TIPS 12.01.2010 TUESDAY

GOOD MORNING & Have a Nice DAY WISH U ALL A Happy & Profitable Trading!
INTRADAY CALLS FOR TUESDAY 19.01.2010
Buy Federal Bank at 269.65, TGT 277. SL 264.

Buy JK Tyre & Industries at 171.55, TGT 175. SL 168
INVESTMENT CALL & DELIVERY CALLS
BUY Yes Bank Stop Loss 267 Target 288
Market view today TUESDAY 19.01.2010
NIFTY LEVELS : NIFTY Res 5308-5346-5385 Sup 5230-5193-5168
Nifty (5275) the market managed to bounce back from our crucial support of 5232 and has closed above it and in the process has reinforced that 5232 is a crucial support to deal with and the market should be considered up as long as 5232 holds and profit booking is expected in the upper regions as the market is typically still in sideways zone…The crucial support on the downside for the Nifty is 5232 and resistance at 5300-5387
BSE Sensex: (17585) the crucial support on the Sensex on the downside is 17500 and resistance at 17667-17775
WORLD MARKETS UPDATE 19.01.2010
Asian MarketsAsian shares trading flat on Tuesday.Nikkei Stock Average 225 down 13.41 points at 10,841.67.Hang Seng Index up 42.34 points at 21,502.35.KOSPI Index down 0.16 pct at 1,708.97.Shanghai Composite Index up 0.55 pct at 3,254.86.
European Stocks Ended HigherEuropean Markets ended higher on Monday.Britain's FTSE 100 index ended up 0.72 percent up 39 points to 5,494,Germany's DAX ended up 0.72 percent up 43 points to 5,919,France's CAC 40 ended up 0.58 percent at 3,977.CommoditiesCrude oil gained 43 cents to trade at $78.43 a barrel.Gold settle at $1,131 an ounce.
We wish you To Have a Superb Profitable Trading Day Today!!!
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
Blog :http://wwwmakin97-nse.blogspot.com/
Home page: http://in.groups.yahoo.com/group/makin97NSEtips
Group mail id: makin97NSEtips@yahoogroups.co.in

WISH U ALL HAPPY & SAFE TRADING

MARKET ENDED 18.01.2010 MONDAY

ARE NIFTY BIG GAINERS

SENSEX 17641.08 +86.78
NIFTY 5274.85 +22.65
NASDAQ 2176.05 +6.87
DJIA 10426.31 -11.11
RS/$ 46.25 -0.16
Equity benchmarks settled with modest gains Monday after a gradual upmove gave way to profit booking towards the fag end of the session. The financial sector was in the limelight even as banking stocks across global markets sulked in reaction to JP Morgan’s dismal quarterly performance. Metal counters, however, remained under pressure as international commodity prices lost steam. A lot of stock-specific action was witnessed given the ongoing earnings season. HDFC Bank rose more than 5 per cent as brokerages gave a thumbs up to the bank's third-quarter results announced on Friday. Morgan Stanley upgraded the bank to ‘overweight’ from ‘equal’, referring to the pace of decline in credit costs and the improvement in its earnings quality. HDFC Bank reported a 32 per cent rise in quarterly profit on the back of robust loan growth. Shares of the company ended at Rs 1768, up 4.36 per cent or Rs 73.85 on the NSE. Meanwhile, Tata Consultancy Services rose to a record high of Rs 829 as brokerages upgraded the stock after the technology major’s quarterly earnings beat analyst estimates. Shares of the company settled at Rs 800.60, higher by 1.16 per cent. Jaiprakash Associates Ltd posted standalone net profit of Rs. 103.02 crore for the quarter ended Dec 31, 2009, sharply down from Rs. 870.19 crore for the quarter ended Sep 30, 2009. The company said the latest quarter profit was after a one-time expense of Rs 212 crore towards employee compensation.

The stock closed at 163.05, down 0.52 per cent on the NSE. GAIL’s December quarter net profit more than tripled to Rs 860 crore from Rs 254 crore a year earlier. Shares of the company closed at Rs 442.95, up 4.1 per cent on the NSE. The market will continue to consolidate and remain sideways in the absence of any fresh triggers . Nifty continues to remain above its 5 and 20 day moving average of 5,244 and 5,172 respectively and breadth continues to remain positive, hence we believe that markets will not drift lower very sharply. On the higher side, 5,300 is the important point to be breached and sustained for a major uptrend to emerge. A strong support for Nifty is 5,230 and 5,160, unless this point is breached we do not see major sell-off happening,

National Stock Exchange’s Nifty settled at 5274.85, up 0.43 per cent or 22.65 points. The index rose to a high of 5292.50 from a low of 5228.95.

Bombay Stock Exchange’s Sensex was at 17,641.08, higher by 86.78 points or 0.49 per cent.

The index touched a high of 17,712.60 and low of 17,505.50 in trade so far. BSE Midcap Index was up 0.57 per cent and BSE Smallcap Index climbed 0.63 per cent. Sectorally,

the BSE Bankex climbed 2.41 per cent followed by BSE PSU Index up 1.91 per cent and BSE Auto Index up 1.7 per cent. Meanwhile, BSE Oil & Gas Index lost 0.36 per cent and BSE Metal Index fell 0.32 per cent.

Major Nifty gainers were HDFC Bank (4.36%), Hero Honda (4.22%), GAIL (4.1%), Axis Bank (3.27%), ICICI Bank (2.43%) and HCL Technologies (1.87%). Grasim Industries (-2.15%), Ambuja Cements (-2.08%), Jindal Steel (-1.75%), Cairn (-1.46%) and SAIL (-1.07%) were the laggards. Market breadth on BSE showed 1562 advances against 1353 declines
Regards,
RAKESH MAKIN
Chugh Securities (P) Ltd
+91 9915684997,9041667797(DIRECT)
OFF 0172-4657997
PANCHKULA (Haryana).
Email:makin_97@yahoo.com
Email:rakeshmakin@yahoo.com
Blog :http://wwwmakin97-nse.blogspot.com/
Home page: http://in.groups.yahoo.com/group/makin97NSEtipsGroup mail id: makin97NSEtips@yahoogroups.co.in