GOOD MORNING & Have a Nice DAY
PREMARKET & INTRADAY CALLS FOR 11.10.2010
MONDAY
BUY INDIABULLS 184 TGT 192 SL 179
Buy AMAR REMEDIES 114.90 TGT 119 SL 110.50
SHORT TERM INVESTMENTCALLS 11.10.2010
BUY NAUKRI 753 SL 740 TGT 785
BUY WOCKPHARMA 338 TGT 347 SL 334
MARKET VIEW 11.10.2010 MONDAY
BANK NIFTY
Bank nifty future as foretold in our previous reports, below 12625-12600 resulted in a good sell off and touched low of 12465.50 in the last trading session, now on the downside next logical support are 12400-12180 levels and on the upside resistance is at 12650 and 12750 levels. Selling on higher levels will still be good strategy in bank nifty future in next week also with strict stop loss of 12650.
NIFTY
Markets likely to see a gap up opening
RESISTANCE-6142-6185-6225
SUPPORT -6075-6041-5980
SENSEX
RESISTANCE 20323-20396-20516
SUPPORT – 20177-20105-19985
WORLD MARKET 11.10.2010 UPDATED 08.00AM
Asian markets were trading higher. China's Shanghai Composite gained 1.32% or 36.29 points at 2,775.03.
Hong Kong's Hang Seng added 1.05% or 241.72 points at 23,185.90.
Japan's Nikkei fell 0.99% or 95.93 points at 9,588.88.
Singapore's Straits Times was up 0.50% or 15.71 points at 3,169.05.
South Korea's Seoul Composite was up 0.33% or 6.27 points at 1,903.34.
Taiwan's Taiwan Weighted was flat at 8,242.34.
DIVIDENDS FOR 11.10.2010
CMC Results
Indusind Bank Results
Samkrg Pistons Results
Combat Drugs General
Polylink Polymers Results
Sintex Industries Results
Easun Reyrolle General
Praj Industries Results
Super Tannery General
Indo Asian Fuse Special Dividend
Sam Industries Results
Regards,
RAKESH MAKIN
+91 9915684997, 9041667797(DIRECT)
OFF 0172-4657997
PANCHKULA (Haryana).
Email:makin_97@yahoo.com
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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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