Daily Market Outlook : 27th February, 2008 (Wednesday)

JUST CHECK YESTERDAY'S PERFORMANCE...EDUCOMP, CAIRN, STERLITE, SIEMENS, GNFC, INFOSYS, BHUSHAN STEEL, JP ASSOCIATES, RPL ALL REACHED THEIR TARGETS WITH THE STAR BEING NALCO WHICH WAS ON FIRE.



MARKET IS CRITICALLY POISED FOR A TRIANGLE BREAKOUT AND THE WAIT IS NEARLY OVER. NIFTY HAS TO CLOSE TODAY ABOVE 5303 FOR STARTERS.



SENSEX RESISTANCE AT 17914-17991-18274. SUPPORT AT 17733-17668-17318.



NIFTY RESISTANCE AT 5303-5368-5399. SUPPORT AT 5249-5220-5173-5107.

Premium Market

Latest Grey Market Premium Dt. 27-2-2008

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac.)
Rural Electrification	90 to 105	26 to 28	--
GSS America InfoTech	400 to 440	Discount	---
Manjushree Extrusion	45	6 to 8	--
V. Guard Ind.	80 to 85	14 to 16	--

IPO Subscribed

	V. Guard Ind.	REC
QIB	1.74	39.30
HNI	2.91	27.12
Retail	4.24	7.67
Employee	0.85	0.94
Average	2.70	27.91

Speculative Scrips

Company Name	CMP	Company Name	CMP
Bihar Tube	142.85	Roto Pump	71.10
Priyadarshini Spinning	18.95	Bodal Chemicals	92.80
Seax Global	12.97	Anil Chemicals	4.87
JPT Securities	24.70	Goodricke Group	81.10
NCR Fin.	16.40	Tulsi Extrusion	139.10
Computer Point	4.27	GEE Ltd.	74.95

Excellent Performance of our Last Recommendations

(From Intra Day High Rate)

Arihant Foundation (+2), Sterling Holiday (+7), Hit Kit Global (+2), R. System (+2)

Funda-Picks

Company Name	Recomm.	CMP
Bartronics India	Buy	223.90
IRB Construction	Buy	183.50
3 M India	Buy	1905.90
Alfa Laval	Buy	897.80
RNRL	Buy	137.00
RPL	Buy	165.20
IFCI	Buy	63.25
Kalindi Rail	Buy	180.00
Power Grid	Buy	102.45
Andhra Bank	Buy	89.60
PTC India	Buy	114.75
Nagarjuna Construction	Buy	272.40
NIIT	Buy	118.10
Allcargo Global	Buy	801.00
Crompton Greaves	Buy	311.00
Guj. NRE Coke	Buy	180.00
Hind Rectifires	Buy	170.00
Godrej Consumer	Buy	127.55
SAIL	Buy	245.40
Astra Micro	Buy	96.00
Mclloyd Russel---	Buy	78.00
MIC Electronics	Buy	383.00
Jayshee TEA	Buy	141.00
Godrej Ind.	Buy	252.00
Zodiac Clothing	Buy	260.00

Superb Performance of our Last Recommendations:

(From Intra Day High Rate)

Essar OIL (+3), Honda Siel (+9), Noble Explo (+2), RPL (+4), Essar Shipping (+7),

Fulford (+11), Prakash Ind. (+3), Sail (+2), Ipca (+3), Karuturi Network (+10), Opto (+5)

Technical Share

Company Name	Recomm.	CMP
Tata Communication	Buy	502.25
Tata Motors	Buy	702.10
ICICI Bank	Buy	1118.50
Sterlite Ind.	Buy	846.05
Bharti Airtel	Buy	838.50
HDIL	Buy	836.40
HPCL	Buy	307.70
Wipro	Buy	444.15
Infosys	Buy	1662.00
Dr. Reddy	Buy	550.00
Hind Construction	Buy	171.00

Extra ordinary Performance of our Last Recommendations:

(From Intra day High Rate)

Patni Computer (+49), Infosys (+8), ICICI Bank (+12), ACC (+2), Tisco (+2),

Gail (+14), Hinalco (+42), Sterlite (+36)

Share Market Stock-Watch

Post budget rally to continue

Market will open in gap

Following positive global cues

Company Name	CMP
REL	1697.25
RIL	2575.75
Reliance Power	447.95
Hindalco	197.20
Cairn India	224.40
Pfizer	661.30
Jindal Stainless	160.00
Suzlon Energy	314.85
Kernex Micro Systems	219.00
JSW Steel	1093.55
Texmaco	1612.00
L & T	3518.00
BEML	1149.00
Sujana Tower	157.80
Era Infra	706.65
Lanco Infra	453.25
BHEL	2180.00
Concor	1720.00
REI Agro	1530.35
Infoadge	1111.00

Fantastic Performance of our Last Recommendations:

(From Intra day High Rate)

ONGC (+14), Tulip IT (+28), Jindal Saw (+12), Gayatri Projects (+2),

Omaxe (+6), R.Com (+2), Tata tea (+19), Reliance Capital (+15),

Reliance Energy (+68), Punj Lloyd (+12), Bhushan Steel (+41)