PREMARKET & INTRADAY CALLS FOR 16.04.2010

GOOD MORNING & Have a Nice DAY

PREMARKET & INTRADAY CALLS FOR 16.04.2010

FRIDAY

Buy EXCEL INFO 49.70 SL 47 TGT 56++++

BUY MANGLAM CEMENT 205 SL 200 TGT 215-220

INVESTMENT CALL & DELIVERY CALLS 16.04.2010

IDEA Buy above 69.2 Intraday / Positional

MARKET VIEW 16.04.2010 FRIDAY

Nifty Resistence 5281-5300 - 5327-5341-5365-5380

Nifty Support 5251-5220-5205-5180-5151-5100

Today LISTING & Results 16.04.2010

Listing :Goenka Diamond & Jewels Limited (GDJL 533189)

Gruh Finance Dividend, Results
KPR Mill Dividend, Results

Harringtons industries Results
Stone India Ltd Results
Compuage Info Results
Hindustan Foods Results

WORLD & COMMODITY MARKET VIEW 16.04.2010

Asian Markets
Asian markets trading lower on Friday.
Nikkei Stock Average 225 down 1.35 pct at 11,121.53.
Hang Seng Index down 1.04 pct at 21,926.78.
KOSPI Index down 0.96 pct at 1,727.19.
Shanghai Composite Index down 1.23 pct at 3,126.06.
US Markets
US Markets ended higher on Thursday.Dow Jones industrial average was up 21 points,up 0.19 percent, to 11,145. The Standard & Poor's 500 index ended up at 1,212. The tech-heavy Nasdaq composite index ended up to settle 2,516.

European Stocks Ended Higher
European Markets ended higher on Thursday.Britain's FTSE 100 index ended up 0.50 percent up 29 points to 5,825,Germany's DAX ended higher up 0.21 pct 13 points at 6,291 ,France's CAC 40 ended higher at 4,066 .
Commodities
Crude oil was down 57 cents to trade at $84.95 a barrel.Gold settle at $1,155 an ounce.

US is making new waves each time and trying to reach a previous top near 11800. Ind mkts have moved out completely from trending region and is in sideways motion. Now all markets may be waiting for to see what US will do at the top mentioned

Regards,

RAKESH MAKIN

Chugh securities Pvt Ltd

+91 9915684997,9041667797(DIRECT)

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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