Daily Market Outlook : 2nd June 2008 (Monday)

Market likely to be volatile.

Support will be seen Nifty 4833-4801 and Sensex 16300-16200.

Best way to trade is to trade light and take advantage of the volatility by booking profits at regular intervals.

Sensex Resistance 16498-16546-16666. Support 16314-16196-16064.

Nifty Resistance 4903-4932-4957. Support 4833-4801-4767.

Share Market Stock-Watch

Sector Watch: IT & Steel

Sector Avoid: Banking

Todays Picks
Company Name	CMP	Company Name	CMP
Sterlite Ind.	934.90	IFCI		62.25
Educomp Solution	39.60	Sail		159.65
PVR	189.00	Essar Oil		223.65
Bajaj Fin Serv	645.00	Lloyd Electronics		107.90
HDFC	2569.00	Pioneer Distillers		75.00
Sun Pharma	930.00	IFCI		62.00
L & T	2987.00	Radha Madhav		55.00
Britannia Ind.	1445.00	Rana Sugar		15.30
Zandu Pharma	1790.00	MRPL		83.00
AIA Engg.	1559.00	Sujana Metal		24.00
Infosys	1885.00	IFB Agro		79.00
HCL Techno	309.00	PTC		90.00
Havells India	480.00	Blue Bird		42.00
TCS	1029.65	Suzlon Energy		277.25
Hero Honda	746.70	Hindustan Unilever		237.00

Company Name	CMP
Sterlite Ind.	934.00
Educomp Solutions	3960.00
PVR	189.95
Bajaj Fin Serv	645.00
Blue Dart	625.00
HDFC	2569.15
JSW Steel	1171.00
G.E. Shipping	505.35
Sun Pharma	1402.00
L & T	2987.00
Reliance Comm.	557.00
Jindal Steel	2292.00
Britannia	1451.00
Nestle	1790.00
PVR	189.00
Hindalco	189.00
Kautons	764.00
Dr. Reddys	714.00
HPCL	249.00
Tata Comm.	497.00

Extra ordinary performance of our Last Recommendations:

(From Intra day High Rate)

Colgate (+10), Dabur Pharma (+2), Punj Lloyd (+22), Nestle (+30), Tata Tea (+15),

Nagarjuna Construction (+9), MSK Projects (+2), Jindal Steel (+15), IVRCL Infra (+3),

GMR Infra (+2), Infosys (+84)

Technical Share

Company Name	Recomm.	CMP
TCS	Buy		1029.65
Hindustan Unilever	Buy		237.00
Hero Honda	Buy		746.70
Suzlon Energy	Buy		277.25
Bhusan Steel	Buy		909.15
Infosys	Buy		1885.00
Bajaj Holdings	Buy		613.00
HCL Techno	Buy		309.00
Hindustan Const.	Buy		110.00
Ranbaxy	Buy		503.00
RIL	Buy		2403.00
Dr. Reddys	Buy		714.60
Satyam Computer	Buy		523.70
Zandu Pharma	Buy		8127.00
RPL	Buy		176.00
Kotak Bank	Sell		692.00
Reliance Capital	Sell		1199.00
Gitanjali Gems	Sell		296.00
PNB	Sell		499.00
Voltas	Sell		142.00
Guj. NRE Coke	Sell		147.25
ICICI Bank	Sell		788.30

Fantastic Performance of our Last Recommendations:

(From Intra day High Rate)

SBI (+26), Reliance Comm. (+11), Satyam Computer (+18),

Wipro (+2), L & T (+154), Sterlite Ind. (+36), Aptech (+5)

Funda-Picks

Company Name	Recomm.	CMP
IFCI	Buy	62.25
Essar Oil	Buy	223.65
Sail	Buy	159.65
Venus Remedies	Buy	436.60
Lloyd Electronics	Buy	107.90
3 I Infotech	Buy	120.00
Micro Inc	Buy	283.10
Pioneer Distillers	Buy	75.00
Deepak Nitrite	Buy	139.00
Indraprasth Gas	Buy	123.00
IFB Agro	Buy	79.00
Sunil Hightech	Buy	247.00
Emami	Buy	320.00
Rolta India	Buy	311.00
Aries Agro	Buy	136.00
TNPL	Buy	100.00
Nitin Fire	Buy	420.00
Indus Fila	Buy	132.00
Havells India	Buy	480.00
Kalindee Rail	Buy	217.00
Kaveri Tele	Buy	233.00
XL Telecom	Buy	258.10
Kamanwala Housing	Buy	135.00
TIL	Buy	400.00

Company Name	BSE Code	CMP	Stoploss	Target
Bharat Gears	505688	42	38	50 to 60
Deepak Nitrite	506401	140	133	150 to 160
Hiren Org.	506170	49	43	60 to 70
PAEL	517230	33	28	40 to 50
Kamadgiri Syn.	514322	49	43	60 to 70

Tremendous performance of our Last Recommendations:

(From Intra Day High Rate)

IFCI (+3), Hanung Toys (+8), Tata Tele (+1), GSFC (+5), PTC (+2), RPL (+7),

Bank of Raj. (+3), SRF (+2), L. G. Balkrishnan (+3), SREI Infra (+2), Bombay Burmah (+12),

Swaraj Mazda (+31), Britannia (+22)