MARKET ENDED 09.06.2010 WEDNESDAY

WERE TODAYS SENSEX GAINERS

MARKET ENDED 09.06.2010 WEDNESDAY

SENSEX 16657.89 +40.79

NIFTY 5000.30 +13.20

NASDAQ 2170.57 -03.30

DJIA 9939.98 +123.49

RS/$ 46.95 +00.15

Equities ended on a positive note Wednesday, after a day of choppy trade. Gains in metals and healthcare space were offset by losses in FMCG and IT stocks.
Indices opened in the green and turned lacklustre due to lack of triggers from global or domestic front. Positive opening of the European markets saw the benchmarks touching crucial resistance levels. However, the upmove was short-lived as traders, wary of sharp volatility globally, booked profits.
According to analysts, the mood in market is on the bearish side and any negative newsflow could lead to sharp correction in coming sessions. Timely onset of monsoon can lend some support to the indices.
Bombay Stock Exchange’s Sensex closed at 16657.89, up 40.79 points or 0.25 per cent. The index touched a high of 16817.69 and low of 16591.26.
National Stock Exchange’s Nifty ended at 5000.30, up 13.20 points or 0.26 per cent. The index hit a high of 5050.60 and low of 4980.10 in today’s trade.
Markets have become friendly for day-traders due to volatility in global equities. If overseas markets are positive and if Nifty (spot) stays above 5030 then one can go long for 5070-5065.
If the global markets are down and the Nifty is below 4980 then one should go short for target of 4960-4930

The BSE Midcap Index closed higher by 0.48 per cent and BSE Smallcap Index moved up 0.29 per cent.
Amongst the sectoral indices, BSE Metal Index moved 1.54 per cent higher and BSE Healthcare Index gained 1.36 per cent. BSE FMCG Index fell 2.41 per cent.
Bharti Airtel (5.57%), Sterlite Industries (3.31%), ONGC (2.22%), Tata Steel (2.20%) and ACC (1.99%) were the top Sensex gainers.
Losers included ITC (-4.19%), Tata Power (-2.32%), Wipro (-2.12%), TCS (-1.96%) and Tata Motors (-1.09%).

Bharti Airtel shares bounced back a day after the company successfully concluded its $10.7 billion deal to acquire the African assets of Kuwait's Zain, making it the world's fifth largest mobile phone services company.
Shares of FMCG major ITC were under pressure due to adjustments after the company went ex-dividend. ITC announced final dividend of Rs 4.50 per share and special centenary dividend of Rs 5.50 per share.
Market breadth was positive on the BSE, with 1,481 advances and 1,285 declines
European markets were choppy while US stocks indicated a positive start. At 4:30 pm, IST, Dow Jones futures was up 0.11 per cent, S&P 500 moved 0.12 per cent higher and Nasdaq 100 inched 0.07 per cent higher.

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/

PERF: http://makin97researchservices.blogspot.com/

Home page: http://in.groups.yahoo.com/group/makin97NSEtips

Group mail id: makin97NSEtips@yahoogroups.co.in

MARKET ENDED 07.06.2010 MONDAY

WERE TODAYS GAINERS

MARKET ENDED 07.06.2010 MONDAY

SENSEX 16781.07 -336.62

NIFTY 5034.00 -101.50

NASDAQ 2219.17 -83.86

DJIA 9931.97 -323.31

RS/$ 46.67 -00.15

Indices ended sharply lower on Monday as bearish news from global markets hurt sentiments. All the sectoral indices were in the red with metals, realty and oil&gas worst hit. Market opened with a gap-down on concerns of unemployment data in the US and reports of debt crisis in Hungary.
However, the benchmarks didn’t breach important psychological support levels giving some respite to the bulls. According to analysts, the markets are likely to turn volatile in coming months due to uncertainty in Europe’s economic condition.
Bombay Stock Exchange’s Sensex ended at 16,781.07, down 336.62 points or 1.97 per cent. The index hit intraday low of 16686.73 and high of 17069.77.
National Stock Exchange’s Nifty closed at 5034, down 101.50 points or 1.98 per cent. The index hit intraday low of 5004.25 and high of 5132.95 in today’s trade.
BSE Midcap Index fell 1.37 per cent and BSE Smallcap Index moved 1.45 per cent lower.
Amongst the sectoral indices, BSE Metal Index was down 3.99 per cent, BSE Realty Index declined 3.89 per cent and BSE Oil&gas Index slipped 1.92 per cent.
DLF (-6.19%), Hindalco Industries (-5.07%), Tata Steel (-4.59%), Tata Motors (-4.25%) and Sterlite Industries (-4.24%) were the top Sensex losers.
Reliance Communications (4.61%), ACC (1.06%) and Hero Honda (0.02%) were the only gainers.
The Reliance Communications board gave its approval to divestment of 26% in the company to a strategic or private equity investor and exploring merger and acquisition opportunities, the company said in a statement on Sunday.
Shares of oil&gas companies were reacting ahead of empowered group of ministers (EGoM) meeting to discuss deregulation of petrol, diesel and LPG prices recommended by Kirit Parikh Committee.
Market breadth was negative on the BSE with 1909 declines against 869 advances.
The European markets managed to limit losses after a poor opening and the US stock futures indicated a pull-back session after sell-off in last session. At 4:50 pm IST, Dow Jones futures was up 0.13 per cent, S&P 500 moved 0.25 per cent and Nasdaq 100 moved 0.33 per cent higher.

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/

PERF: http://makin97researchservices.blogspot.com/

Home page: http://in.groups.yahoo.com/group/makin97NSEtips

Group mail id: makin97NSEtips@yahoogroups.co.in

PREMARKET & INTRADAY CALLS FOR 07.06.2010 MONDAY

GOOD MORNING & Have a Nice DAY

PREMARKET & INTRADAY CALLS FOR 07.06.2010

MONDAY

Short Sell MCDOWELLS Around 1230-32 SL 1245 TGT 1210

Short Sell Ranbaxy 430 SL 435 TGT 422-416

SHORT TERM INVESTMENTCALLS 07.06.2010

Buy DISHTV 41.50 TGT 43 SL 40

MARKET VIEW 07.06.2010 MONDAY

NIFTY

Nifty Support 5100-5070-5020

Nifty Resistance 5165-5200-5240

SENSEX

Resistance-17169-17221-17306
Support-17066-17015-16929

Today Results 07.06.2010 MONDAY

Caprolactam Chemicals Results
Interface Financial Services Increase in Authorised Capital
Padmalaya Telefilms General
Eclerx Services Bonus
KIC Metaliks General
Uflex General

DIVIDENDS

Hindustan Tin Interim Dividend 1.00
Indian Bank Final Dividend 4.00
REI Agro Ltd Right 2:1 [Two equity shares of FV Re 1/ for every one equity share at a price of 19.50 per share(including premium of RS. 18.50 per share)]
Surana Corporation Dividend 1.50
Tulsyan NEC LTD Dividend 2.00

WORLD MARKET 07.06.2010 UPDATED 07.40AM

Asian markets were trading weak. China's Shanghai Composite fell 1.32% or 33.59 points at 2,520.

Hong Kong's Hang Seng plunged 2.87% or 568.40 points at 19,211.67.

Japan's Nikkei tumbled 3.94% or 389.70 points at 9,511.49.

Singapore's Straits Times shed 2.18% or 61.16 points at 2,745.35.

South Korea's Seoul Composite slipped 2.56% or 42.59 points at 1,621.54.

Taiwan's Taiwan Weighted fell 3.43% or 252.18 points at 7,092.41.

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/

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

PREMARKET & INTRADAY CALLS FOR 02.06.2010 WEDNESDAY

GOOD MORNING & Have a Nice DAY

PREMARKET & INTRADAY CALLS FOR 02.06.2010

WEDNESDAY

Buy DCB 50.30 TGT 54 SL 47

Buy CHAMBLFER 62.50 TGT 65 SL 60.50

SHORT TERM INVESTMENTCALLS 02.06.2010

Buy Tech Mahindra 638 TGT 649SL 625

MARKET VIEW 02.06.2010 WEDNESDAY

NIFTY

RESISTANCE-5005-5040-5097
SUPPORT-4935-4900-4844

SENSEX

Resistance-16744-16916-17207
Support-16400-16228-15937

Today Results 02.06.2010 WEDNESDAY

WORLD MARKET 02.06.2010 UPDATED 07.40AM

Asian markets were trading mixed. China's Shanghai Composite was down 0.69% or 17.78 points at 2,550.50.

Hong Kong's Hang Seng added 0.79% or 154.60 points at 19,651.55.

Japan's Nikkei rose 0.39% or 37.97 points at 9,749.80.

Singapore's Straits Times was up 0.51% or 13.91 points at 2,729.35.

Taiwan's Taiwan Weighted fell 0.32% or 23.06 points at 7,266.27.

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/

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

PREMARKET & INTRADAY CALLS FOR 01.06.2010 TUESDAY

GOOD MORNING & Have a Nice DAY

PREMARKET & INTRADAY CALLS FOR 01.06.2010

TUESDAY

Buy KTKBANK 172 TGT 178-185 SL 164

Buy Vijaya Bank at 58.95 TGT 62 SL 57

SHORT TERM INVESTMENTCALLS 01.06.2010

BUY GSPL ABOVE 95.40 SL 93VTGT 97 -99

Buy RCF 81.50 TGT 83- 84 SL-79

MARKET VIEW 01.06.2010 TUESDAY

NIFTY

RESISTANCE-5103-5119-5146
SUPPORT-5070-5053-5026

SENSEX

Resistance-16990-17036-17111
Support-16899-16854-16778

Today Results 01.06.2010 TUESDAY

Chokhani Sec Results
NRB Bearings Bonus
India Sec General
Swarna Sec Results
Josts Engineering Co. Dividend 10.00
Surana Industries Dividend 1.50

WORLD MARKET 01.06.2010 UPDATED 07.40AM

Asian markets were trading weak. China's Shanghai Composite was down 0.77% or 19.94 points at 2,572.21.

Hong Kong's Hang Seng fell 0.83% or 164.62 points at 19,600.57.

Japan's Nikkei slipped 0.88% or 85.61 points at 9,683.09.

Singapore's Straits Times declined 0.58% or 15.96 points at 2,736.64.

South Korea's Seoul Composite shed 0.59% or 9.61 points at 1,631.64.

Taiwan's Taiwan Weighted plunged 1.28% or 94.49 points at 7,279.49.

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/

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