NLD 4-3-2008

!!!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: 5,68.40 Resistance@ 5270,5320 and 5390 Supports @ 5230, 5200 and 5180 TGT 5450+ (This TGT is valid till feb expiry)

NIFTY Futures: Prev, Close: 5257

Buy Nifty Fut @ every declines with Sl below 5232 or short below 5232

Market Outlook: Markets are expected to open slugishly but will recover as day passes by. Yesterday sell off was due to some various reason. 1. STT on Comodities, 2. Dow index crashing and 3. rumors of nuke deal and govt. going. Dont panic and sell your quality stocks. Buying is coming stocks, just relaz and be Surely stock specific only.

Stock to Watch out: Nifty, Reliance, ESSAR oil and SAIL

Market Rumors / Strategy: Some TV channels are spreading panic they wqill cover short we may suprise. Budget there is nothing wrong in budget, infact all things are good in budget. We may see suprise upmove today itself. Don’t built huge positions for time being, keep trailing stop loss and be stock specific and moreon if intraday profits book for time being as we can always enter next day again.

Important: Don’t ask everyone what is market outlook and everyone will make u confuse. Trust one person and just follow him. Let the Dogs Bark why we want to listen to them.

Stupid Logic Budget is gone, it was as said its for aam aadmi for vote. Markets will bounce back. But due to public in trap they wont be ready to buy.

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

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Good Luck,

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.