Advance Tax no Bad

The share price of nagarjuna Fertilizers might come under some selling pressure on the news of the arrest of the group's chairman.

Shipping stocks might show some strength as the Baltic dry index rose 5.1 percent improving the fortunes of the companies in the industry. GE Shipping is our favourite in this sector

Strategy on Future and Option
~ High risk traders : Long SAIL December 85 Put
~ Long Chambal Fertilizer December Futures

Actionable ideas
Kingfisher Airlines (Accumulate

Among the major bulk deals, Credit Suisse sold over 0.5mn shares of Greenply Industries at an average price of
Rs38. Goldman Sachs purchased over 6mn shares of IFCI at an average price of Rs23. Citigroup offloaded 2mn shares of
S Kumars at an average price of Rs24.
Insider trades:
Apar Industries: Kushal N. Desai, Promoter Director has purchased 1,015 equity shares of the company on December
12, 2008.
Triveni Engineering: Dhruv M. Sawhney, CMD/ Promoter has purchased 0.2mn equity shares of the company on
December 8, 2008.
Kesoram Industries: Manjushree Khaitan, Director has purchased 13,469 equity shares of the company on December
11, 2008.
Bharti Airtel: Akhil Gupta, Director has sold 2,500 equity shares of the company on December 11, 2008.

Can we cross 10000 Sensex level???? Yes

Sugar stocks are likely to be firm coming off a gainful week. Bajaj Hindustan is a stock worth watching for someone willing to take a 2-3 day position. Renuka Sugars is another scrip worth investing in. Realty and Commodity rally might stretch in to Monday's trade and we think that its is a good idea to book some profits in the these stocks, if you are a short term trader.

IT stocks are the one to watch out for as the stocks in the sectors have been hammered on the possibility of losing business due to the slow down in the US. The BSE IT index was down 2 percent last week against the gain 8 percent in the Sensex. Vakrangee Software is our pick among the midcaps. Core Technologies and Subex Systems are worth taking a look for people willing to take some risk

Have a nice trading session but suggestion for everyone book profit on every rise market may goes in overbought zone so bears will reactive again in noon session or tomorrow after 12:44 pm will active bears let see for more subscribe

DONT WORRY BE HAPPY

According to a news report in a ink paper, global majors are likely to buy a 26 percent stake in ADAG owned R-Com. We think this is a baseless rumor and short term investors should look to book profits at Rs 250 level

Now it is the turn of auto sector to cut taxes following the cement makers, who have decided to pass on their savings from the reductions in excise duty. Commodities are likely to stay strong even in today's trade after a decent Wednesday

Key indices were able to build on the early gains on account of buying witnessed in
heavyweights like RIL, Bharti Airtel and RCOM. Nifty futures ended the day at 2,937 up 147 points adding 29 lac shares
(~8.1%) in the total open interest position with a positive cost of carry. The Put Call ratio of open interest for Nifty now
stands at 1.31 and in volume terms at 0.92. In the option front, call option ranging from 2,700 and 2,800 witnessed
unwinding to the tune of ~2.7 and ~4.9 lac shares in open interest. On the Put option front, 2,800 strike put added
~20.2 lac share in open interest.
FIIs were net buyers in Index Future by Rs1,107cr with increase in open interest by 63,818 contracts (13.1%). In Single
Stock Future, they have gone net long to the tune of Rs37cr with increase in open interest by 6,323 contracts (0.9%). In
the Index Option segment, they were net buyers by Rs375cr. FIIs were net sellers in cash segment by Rs950cr
(Provisional). DIIs were net sellers in cash segment by Rs59cr (Provisional). Expect Nifty to open positive but might face
resistance at higher levels

OURS PICKS, RCOM,DR REDDY, JET AIRWAYS

TO KNOW MORE FOR BUY N SELL PLEASE SUBSCRIBE CONTACT - 09821435805

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We like Realty, Commodity and some select midcap stocks in todays trade. Watch out for Unitech, Suzlon, Bartronics, Yes Bank, Purvankara projects, as these stocks are likely to trade on the upside.

Commodity stocks like Hindalco, NALCO and Sterlite Ind are likely to be in demand. Tata Steel is our pick in this sector, as the company is well positioned to take advantage of a rebound in the global economy and is a good early cycle play. Hindustan Constructions, which has undeperformed during the pull back looks attractive froma valuations perspective

Buy Wipro (238) Target 248, 250


Buy Tata Steel (196) Target 204, 206


Buy BHEL (1362) Target 1402, 1412


Sell IVRCL (135) Target 129, 127


Asian markets are
trading higher in the range of 1-2% this morning. The bulls are likely to
prevail over the bears in the near term. The current momentum may be
dismissed as a bear market pull-back. Traders should trade with strict
stop losses to avoid being trapped on the wrong side.

The news that the iron ore exports to China from Indian companies is likely to give a boost to stocks like Sesa Goa. R-Com might see some positive action after the company announced that it plans to buy back FCCBs spending nearly $ 650 million. We like Idea Cellular in this space, as the stock looks strong techinically is ready for some more gains

Stock to watch out:
Tata Power (CMP Rs687)
On the daily charts, the stock has made a pattern of the Shooting Star. This pattern indicates that the buyers drove the
prices higher during intra-day session on Monday but encountered selling pressure which brought the prices back down to
close near day’s open. As the incident took place in an uptrend, the selling pressure can be seen as a reversal sign.
However, a move above Rs705, could see the stock touching the levels of Rs740 in the near tern. Similarly, a
fall below Rs670 could see the stock attempting downside levels of Rs640 and below. Traders should watch out
for opening trades, before initiating above strategy.
Insider trades:
Larsen & Toubro: A. M. Naik, CMD has purchased 5,000 equity shares of the company on December 2, 2008.
Aurobindo Pharma: P. Suneela Rani (Promoter Group) has purchased 10,000 equity shares of the company on
December 4, 2008

Reality Stock rock

Watch out for Infrastructure firms and stocks related to Realty. IDFC, JP Associates,Unitech are some of the stocks that might see a good run on this news.Also banking stocks like ICICI and SBI might see a rally on the back of rate cut from the RBI by 100 basis points. Auto stocks might see some relief following the four percentage point cut in Cenvat announced by the Government on Sunday. Tata Motors is our pick in this sector at Rs 153, especially for those who would like to take risk and a high reward in the next 2 weeks. Some sort of financial package is in the works for Jaguar and LandRover units in London and this might be a big relief for the Tata Motors stock

Nifty and Market Analysis

LOOK THERE ARE 2 RESISTANCE
TGT 1 - TODAY’S HIGH - 2833,2868 - 2870

WHAT EVER ANNOUNCEMENT COME - MARKET FALL AFTER THAT
COZ TODAYS RALLY AND TOMORROWS RALLY DISCOUNTED GOVT
ANNOUNCEMENT,SO I FEEL GOVT KITNA BHI DE DE - HUM BHIKHMANGO KA PET NAHI BHAREGA
SO I SEE MAY MONDAY OPEN HIGH AND THEN FALL
NOW THE TIMING IS WHEN AND HOW MUCH WE SELL WITH SL 2910 OR 2970
ABOVE THIS MARKET SUITS UP 3110 - 3260
THIS TIME MARKET FALL IN VERY SPEED
AND BREACH Support OF 2525

Reliance Infrastructure (BUY, CMP Rs546, Target Rs580)

Rolta (SELL, CMP Rs154, Target Rs138)

Strategy on Future and Option
~ Short Allahabad Bank December Futures @Rs48-47 for the target price of Rs42 and stop loss placed at Rs51.
~ Long Maruti December Futures @ Rs487 for the target price of Rs525-530 and stop loss placed at Rs460 in 2-3
days.

Concentrate on Bomdyeing & LITL futures for upmove

Our, Trading Call of ICICI BANK flared, exactly , as per our expectation and hit 337.95 Mark, Yes , Our Target Was 335, We Hope u Enjoyed.

* Our, Trading Call of HDIL flared mind-blowing and hit 79.40 , Yes Our First Target Was 78.90 , So, Hoz that.

* Sms, Was Sent to Buy DLF @ 189 and after that It's flared Upto 194.80 , Still Holding this For Today's Trade.

* Sms, Was Again, Sent to Buy ICICI BANK at 329 Mark, and then, in Future Segment, it's Flared Upto 339 Mark

For Today

Later in the day, there could be some cooling off due to the persistent
lack of buying and worries over the economic downturn. Traders are
advised to use every spurt as an opportunity to exit. Levels of 2,770 and
2,850 are the next resistance zone for the Nifty

Strategy on Future and Option
~ Long Bank of Baroda December Futures @Rs248 for the target price of Rs261-265 and stop loss placed at Rs242.
~ Long Satyam December Futures @ Rs230 for the target price of Rs239-242 and stop loss placed at Rs226.

CESC (BUY, CMP Rs226, Target Rs253)

CESC recorded its 52-week low of Rs165 in late October 2008. Thereafter it stock rallied smartly to a high of Rs248 levels
in early November 2008. Sharp rally in the past couple of days accompanied buy decent volume is likely to see the stock
touching its quarter high of Rs245. Daily chart indicates formation of higher bottom and lower bottoms. The Short term
support level for the stock is placed at Rs218 levels. The daily momentum oscillators like RSI and MACD has generated a
buy signal. Keeping in mind the above mentioned technical evidences, we suggest traders to buy the stock at current
levels and on declines to support of Rs222-226 with a stoploss of Rs217 for target of Rs245 and Rs253.
Insider Trades:
Dabur India: Mr. Sunil Duggal, CEO has sold 25,045 equity shares of the company on December 1, 2008.
Ansal Housing and Construction: Deepak Ansal, CMD has purchased 3,359 equity shares of the company on
December 2, 2008
Gitanjali Gems: Mehul C. Choksi has purchased 30,000 equity shares of the company on December 2, 2008.
Among the major bulk deals; Bajaj Holding and Investment bought 3.8mn shares of Bajaj Finserv.