NewsLetter for 12th June 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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NIFTY: Prev, Close: 4145.60 Resistance@ 4175 – 4180 , 4200, 4220 and Supports @ 4120 4110, 4100, 4090, and 4070.TGT 4500 or 3980 (This Rally TGT)

SENSEX: Prev, Close: 14063.80 Supports@ 14000, 13880, 13800 and Resistance @ 14250 , 14300, 14400,TGT 15200 (This Rally TGT)

Market Outlook: Market is expected Open Flat and on positive side . We had 3.5% correction in this market last week which everyone was surprised, But if u take positively then this correction is very much healthy and we are better then all rest of the world.

Stock to Watch out: Reliance, Acc, Unitech, Sobha, Maruti, Tata Motors, ABB, Bhel, All Capital Goods Stock which took beating is expected to bounce back this week. Banks is ready to do wonder again CRR hike rumors went wrong. So now no one will listen to CRR News again.

Nifty Fut move above 4180-4185 will make shorters unhealthy nifty expected to touch 4218 and 4297 this week. Below 4090 we may see downside limited to 4050 - 4040 – 4020 and max 3980. But this week downside is very very limited and upside will be more.

Market Rumors / Strategy: Operator wanted small players to exit in stocks Before DLF issue gets over and that’s why they have kept All capital good down.

Stupid Logic: My Logic why market will bounce back today and this week: Reliance was the stock who took all the beating this week. DLF and reliance are BEST ENEMY. Reliance will never want DLF to go ahead in market cap. So reliance share price will increase and this will benefit Mr. Mukesh Ambani and Reliance Industries. Mukesh Ambani will get more richer and Reliance Industries Market Cap will increase and increase and that’s the objective of market operators before DLF. So be ready to see more upside and upside.

Kindly wait for First 5 – 10 mins before buying or selling anything

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Disclaimer : Trade -Profit has taken due care and caution in compilation of data for its members. Information has been obtained by the company from sources which it considers reliable. We might not hold any positions in above stocks in Cash/ Derivatives. However, Trade-Profit does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. Trade-Profit especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letter or website. You are responsible for your own investment decisions. Trade-Profit will not be responsible for any errors or omissions in articles or postings, for hyperlinks embedded in messages, or for any results obtained from the use of such information.