Market Outlook and Trading Calls for 12-4-2007

!!!Om Shree Sadguru Dev Namah!!!!!!!!!!
!!!Om Shree Parsvantha Bhagwan Namah!!!!
!!!Om Shree Mahalaxmi Maat Ki Jai!!!

This publication has been prepared solely for information purpose and does not constitute an offer or a solicitation to any person to buy or sell a security. While the information contained therein has been obtained from sources believed to be reliable, investors are advised to satisfy themselves before making any investments. I do not bear any responsibility for the authentication of the information contained in the post & consequently,are not liable for any decisions taken based on the same. Further, My reports only provide information updates and analysis.

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12-4-2007

Market Outlook:-

Weak Opening with Negative Bias.

Nifty: Spot- Close 3862.66 is moving for 3917 with support of 3810 and resistance @ 3880. Move above 3880 can lead market to 4094. But, can face heavy resistance between 3920 – 3930.

Sensex: Close – 12856.1 is moving for 13 290 with support of 12,800 and 12740

TODAY I AM NOT ADDING ANY CALLS EXCEPT LONG GIVEN YESTERDAY.

Cash and Can Also Trade in Future Correspondingly:-

Scrip Name ( Closing Price) Buy/Sell Condtion Target1 Target 2

Panacea Bio, India Bulls, Adlabs, Naukri can be traded in cash with 1% SL

Indiainfoline (405.3) stops 388 Tgt 429+

MoserBaer (333) stops 325 Tgt 353+

ACC (721.80) Buy Above 732 Tgt 762 ( Weekly Call)

Nifty (3823.73) Buy with sl 3714 tgt 3900+

Jai Prakash Associates (557.7) Stops 548 tgt 580 (2-3 Days)

SBI (991.2) stops 981 tgt 1039 ( 2-3 Days)

Wipro (547.7) stops 538 tgt 564 and Short term tgt 594

We are still long/short on following:-- Scrip Name ( tgt Expected)

Reliance Capital (686), Reliance Comm(432), Titan (weekly tgt 980),

Century Text(559), NTPC ( 146), Renuka (Delivery – 555), ICICIBank (888), Renuka (515), Bank of Baroda(235), Tata Steel (523), Jet Airways (679), Sobha(840), BEL(1760), Maruti(842), M&M(755) and Siemens (1169), Jet Airways(630), Punjllyod (180), Sunpharma (1142), Satyam(476), HDFC Bank(1024), TCS(1232), IndiaBulls (533)

Good Luck…

Moderator,

Trade - Profit