MARKET ENDED 03.02.2010 WEDNESDAY

MARKET ENDED 03.02.2010
SENSEX 16496.05+332.61
NIFTY 4931.8 +101.75
NASDAQ 2190.06 +18.86
DJIA 10296.85 +111.32
RS/$ 46.25 +0.90

NIFTY MAJOR GAINERS
Shree Ashtav 28.05 + 20.13
KPR Mill 115.10 + 18.66
Infinite Com 191.80 + 16.24
Goldst.Tech 41.75 + 14.38
KabraExtrusn 214.40 + 13.89
Equities witnessed a short covering-led pullback rally Wednesday as sentiments turned bullish with some encouraging US economic data. Benchmark indices outperformed the broader markets after a sharp correction in the past few sessions. Indices opened on a higher note in line with positive Asian markets and gained momentum as the session progressed, only to retreat from crucial resistance levels. Positive response to NTPC follow-on public issue and gains in European market boosted sentiments. However, analysts are not convinced with the rally. They expect the market to remain volatile with negative bias till the Union Budget is announced later this month. We are bearish on the market and see Nifty slipping to 3800-4200 in next three-six months time. Investors should book profits and stay in cash while traders should go short on the market.

National Stock Exchange’s Nifty ended at 4931.85, up 101.75 points or 2.11 per cent. The index touched an intra-day high of 4949.15 and low of 4831.

Bombay Stock Exchange’s Sensex closed at 16,496.05, higher by 332.61 points or 2.06 per cent. The 30-share index hit a high of 16,552.99 and low of 16,210.25. BSE Midcap Index ended 1.50 per cent higher and BSE Smallcap Index advanced 1.06 per cent.

The BSE Metal Index ended 4.01 per cent higher, BSE Realty Index gained 2.81 per cent and BSE Bankex Index moved 2.07 per cent higher.

Biggest Sensex gainers were Sterlite Industries (5.97%), Tata Steel (4.91%), Larsen & Toubro (3.8%), HDFC (3.76%) and Hindalco Industries (3.27%).

Sun Pharmaceuticals, down 1 per cent, was the lone laggard in the 30-share index. The follow-on public offer of state-run NTPC was subscribed 61 per cent in the first two hours of its opening today. The issue received bids for over 25 crore shares against 41.22 crore equities on offer, according to the data available with the NSE. Shares of Multiplex operators INOX Leisure and Fame India surged after the former acquired 43.28 per cent stake in Fame India for Rs 44 crore. It will soon make open offer to acquire additional 20 per cent stake. Shares of INOX Leisure closed 10.19 per cent higher and Fame India ended 5 per cent up. Market breadth was positive on the BSE with 1775 advances and 1046 declines. European markets were in the green and the US markets were likely to open higher on expectations of positive jobs data. At 4:35 pm, Dow Jones stock futures was up 0.10 per cent, S&P 500 moved 0.10 per cent higher and NASDAQ 100 gained 0.11 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
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TIPS FOR 03.02.2010 WEDNES DAY

GOOD MORNING & Have a Nice DAY
WISH U ALL A Happy & Profitable Trading!
INTRADAY CALLS FOR WEDNESDAY 03.02.2010
Buy McDowell Holdings Ltd above 96.90 TGT 100 SL 95
INVESTMENT CALL & DELIVERY CALLS
IFCI Buy Above 53 SL 49 TGT 60-64
MARKET VIEW 03.02.2010 WEDNESDAY
Markets likely to see a slightly higher opening.
Today we can also expect a rally. Nifty may open around 4850-60 levels. The level to be watched is 4880 break out will lead Nifty to 4900-4920 levels. In down side 4820 is very major levels. Below this we can see 4800-4770 levels
WORLD MARKETS UPDATE 03.02.2010
Asian MarketsAsian markets trading higher on Wednesday.Nikkei Stock Average 225 up 0.28 percent at 10,400.60.Hang Seng Index up 125.48 points at 20,397.66.KOSPI Index up 0.59 pct at 1,605.16.Shanghai Composite Index down 1.01 pct at 2,905.11.US Markets US Markets ended higher on Tuesday. Dow Jones industrial average up 111 points, up 1.09 percent, to 10,297. The Standard & Poor's 500 index ended up 1.30 percent up 14 points to 1,103. The tech-heavy NASDAQ composite index gained 0.87 percent up 19 points to 2,190.
European Stocks Ended HigherEuropean Markets ended higher on Tuesday. Britain’s FTSE 100 index ended up 0.68 percent up 36 points to 5,283,Germany's DAX ended up 0.98 percent up 55 points to 5,710,France's CAC 40 ended up 1.33 percent at 3,812.CommoditiesCrude oil was down 42 cents to trade at $76.81 a barrel. Gold settle at $1,118 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 TRADIING

TIPS FOR 02.02.2010

GOOD MORNING & Have a Nice DAY
WISH U ALL A Happy & Profitable Trading!
INTRADAY CALLS FOR TUESDAY 02.02.2010
Buy Rajesh Exports Ltd L 99.45 TGT 103 SL 97.50

Buy Polyplex Corporation Ltd 211.85 TGT 220 SL 207
INVESTMENT CALL & DELIVERY CALLS
BUY ASHTAVINAYAK 19.50 SL 18 TGT 23++++++
MARKET VIEW 02.02.2010 TUESDAY
Nifty (4900) the market has taken support near 4800 and has closed in the green but somehow it gives an impression that it is still a 2-3 day typical correction up move and so one ought to be trading long as long as 4827 holds as breach of 4827 would be a first sign of weakness…
The crucial support on the downside for the Nifty is 4827-4765 and resistance at 4967-5029
BSE Sensex: (16356) the crucial support on the Sensex on the downside is 16148 and resistance at 16643
WORLD MARKETS UPDATE 02.02.2010
Asian MarketsAsian markets trading higher on Tuesday.Nikkei Stock Average 225 up 1.80 percent at 10,389.13.Hang Seng Index up 0.61 points at 20,243.75.KOSPI Index up 0.55 pct at 1,615.32.Shanghai Composite Index up 1.00 pct at 2,970.90.US Markets US Markets ended higher on Monday.Dow Jones industrial average up 118 points,up 1.17 percent, to 10,186. The Standard & Poor's 500 index ended up 1.43 percent up 15 points to 1,089. The tech-heavy Nasdaq composite index gained 1.11 percent up 24 points to 2,171.
European Stocks Ended HigherEuropean Markets ended higher on Monday.Britain's FTSE 100 index ended up 1.14 percent up 59 points to 5,247,Germany's DAX ended up 0.81 percent up 46 points to 5,654,France's CAC 40 ended up 0.60 percent at 3,762.CommoditiesCrude oil was up 67 cents to trade at $75.10 a barrel.Gold settle at $1,105 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
http://us.mc435.mail.yahoo.com/mc/compose?to=rakeshmakin@yahoo.com
Blog :http://wwwmakin97-nse.blogspot.com/
Home page: http://in.groups.yahoo.com/group/makin97NSEtips
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WISH U ALL HAPPY & SAFE TRADING

MARKET ENDED01.02.2010 monday

BSE GAINERS

NIFTY GAINERS
Vinyl Chem 8.60+ 20.28
RM World 82.65+ 20.04

LT Foods 66.80+ 20.04
Hitachi Home 176.20 + 20.03
KRBL 233.05 + 20.01

SENSEX 16356.03 -1.93
NIFTY 4899.70 +17.65
NASDAQ 2147.35 -31.65
DJIA 10067.33 -53.13
RS/$ 46.37 -0.06
Indian market ended volatility-marred session mixed Monday. Retail participation was seen in broader markets even as the global markets were subdued. Indices opened in the red in line with other global peers but gained momentum as traders bought stocks at lower levels as the session progressed. Some recovery in the global markets towards the close provided support to indices. According to analysts, Nifty is likely to consolidate near current levels after a sharp correction. Market is expected to take cues from global peers in absence of domestic triggers.

National Stock Exchange’s Nifty ended at 4899.70, up 17.65 points or 0.36 per cent. The broader index hit a high of 4918.80 and low of 4827.15 during the session.

Bombay Stock Exchange’s Sensex closed at 16,356.03 down 1.93 points or 0.01 per cent.

The 30-share index hit a low of 16,160.80 and high of 16,422.40 intraday.

On the lower side, 50-week EMA currently at 4570 may remain important support for markets. On the higher side, two important hurdles to watch out for are 4960 (20-week EMA) and 5080 (Short-term EMA on daily charts) levels of Nifty on daily charts. Foreign funds flow will continue to play important role in directing course of our markets. Lack of domestic triggers may see markets facing extreme caution in case of an up move and in such cases global markets will remain a key dictator

BSE Midcap Index was up 1.81 per cent and BSE Small cap Index moved 2.72 per cent higher. Amongst the sectoral indices, BSE Consumer Durables Index surged 5.7 per cent, BSE Healthcare Index was up 2.55 per cent, BSE IT Index lost 0.02 per cent and BSE FMCG Index was down 0.66 per cent. Biggest Sensex gainers comprised Tata Motors (3.56%), Wipro (3.13%), Grasim (3.10%), Mahindra&Mahindra (2.70%) and Sun Pharma (2.59%). Hindustan Unilever (-2.87%), State Bank of India (-1.79%), HDFC Bank (-1.57%), ITC (-1.54%) and NTPC (-1.4%) were the losers. Market breadth on NSE remained positive given the action in the broader market with 1,076 advances outnumbering 276 declines. European markets moved in the positive terrain as banks pared losses. The US markets are also expected to open in the green. At 4:33 pm IST, Dow Jones futures was up 0.47 per cent, S&P 500 futures gained 0.47 per cent and Nasdaq 100 moved 0.34 per cent up.
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

TIPS FOR 01.02.2010

GOOD MORNING & Have a Nice DAY WISH U ALL A Happy & Profitable Trading!
INTRADAY CALLS FOR MONDAY 01.02.2010
NO INTRADAY CALLS KEEP EYE ON BOB
INVESTMENT CALL & DELIVERY CALLS
Buy BHEL above 2419 SL 2383 TGT 2455 2491
BUY NOIDATOLL 39.50 FOR TGT 56+++
MARKET VIEW 01.02.2010 MONDAY
Markets likely to see a weak opening.
Nifty (4882) we said ‘technically the trend is still down but the pattern generated for a day is an indecisive pattern and so a bounce is not ruled out’ the market unfolded as expected and has closed in the green, so far it looks 4800 is a strong support to deal with and we may see some more upside now.
The crucial support on the downside for the Nifty is 4833-4765 and resistance at 4967-5030
BSE Sensex (16358) the crucial support on the Sensex on the downside is 16036 and resistance at 16643
WORLD MARKETS UPDATE 01.02.2010
Asian MarketsAsian markets trading lower on Monday.Nikkei Stock Average 225 down 0.39 percent at 10,158.75.Hang Seng Index down 201.38 points at 19,920.61.KOSPI Index down 0.47 pct at 1,594.86.Shanghai Composite Index down 1.66 pct at 2,939.81.US Markets US Markets ended lower on Friday.Dow Jones industrial average down 53 points,down 0.52 percent, to 10,067. The Standard & Poor's 500 index ended down 0.98 percent down 11 points to 1,074. The tech-heavy Nasdaq composite index lost 1.45 percent down 32 points to 2,147.
European Stocks Ended HigherEuropean Markets ended higher on Friday.Britain's FTSE 100 index ended up 0.83 percent up 43 points to 5,189,Germany's DAX ended up 1.24 percent up 68 points to 5,609,France's CAC 40 ended up 1.37 percent at 3,739.CommoditiesCrude oil was down 5 cents to trade at $72.64 a barrel.Gold settle at $1,083 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