
GOOD MORNING & Have a Nice DAY
PREMARKET & INTRADAY CALLS FOR 05.04.2010
MONDAY
Buy Tata Motor above 783 SL 776 TGT 792
Buy SELAN around 440-442 SL 437 TGT 450-456
INVESTMENT CALL & DELIVERY CALLS 05.04.2010
Buy JMCPROJECT around 180-182 SL 176 TGT 186-192
MARKET VIEW 05.04.2010 MONDAY
Nifty made the strong come back from the lower levels as we had already mentioned in our previous report that nifty future could continue to hold the uptrend and we might see the target of 5370 in it in near term. Closing above 5370 could lead the nifty future for the upside levels of 5450. In the downside the intraday support base range is seems to be at the support levels of 5195 to 5205. Closing below this support zone might slip the nifty future till the lower levels of 5145 to 5150 in short run. We recommend that traders should focus on long side in nifty future until it close below the support range of 5195 to 5205.
NIFTY LEVELS NIFTY Res 5326-5375-5408 Sup 5250-5212-5180
WORLD & COMMODITY MARKET VIEW 05.04.2010
Asian Markets
Asian markets trading higher on Monday.
Nikkei Stock Average 225 up 0.47 pct at 11,339.58.
KOSPI Index flat at 1,723.47.
European Stocks Ended Higher
European Markets ended higher on Friday.Britain's FTSE 100 index ended up 1.15 percent up 65 points to 5,745,Germany's DAX ended up 1.33 percent up 82 points to 6,236,France's CAC 40 ended up 1.52 percent at 4,034.
Commodities
Crude oil was up 91 cents to trade at $85.78 a barrel.Gold settle at $1,127 an ounce
Regards,
RAKESH MAKIN
Chugh securities Pvt Ltd
+91 9915684997,9041667797(DIRECT)
OFF 0172-4657997
PANCHKULA (Haryana).
Email:makin_97@yahoo.com
Blog :http://wwwmakin97-nse.blogspot.com/
Blog : http://makin97researchservices.blogspot.com/
Home page: http://in.groups.yahoo.com/group/makin97NSEtips
Group mail id: makin97NSEtips@yahoogroups.co.in
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
No comments:
Post a Comment