: Daily Market Outlook: 30th January 2009 (Friday)

DIRECTION of the INDIA1N STOCK MARKET

30.01.2009

NIFTY FO CLOSED @ 2785 AS ON 29.01.2009

DIRECTION of the INDIAN STOCK MARKET 28.01.2009

2690 to 2809

Intraday below 2788 level, It will be in Bearish trend. Selling is suggested with SL of 2809 level for the target of 2707 to 2690 levels; Regarding POSITIVE TREND, Buying is suggested @ level of 2809 with SL of 2788, Target @ 2828 to 2840 levels.....!!!


TCS FO CLOSED @ RS. 510

NAGATIVE TREND @ Rs. 517 With SL @ Rs 523 for the target of Rs. 497-490 levels...!!!

REL CAPITAL FO CLOSED @ RS. 399

NAGATIVE TREND @ Rs. 408 With SL @ Rs 412 for the target of Rs. 388-383 levels...!!!

TISCO FO CLOSED @ RS. 182

POSITIVE TREND @ Rs. 176 With SL @ Rs 172 for the target of Rs. 189-191 levels ...!!!

Share Market Tips

The outlook of the markets

Likely to remain negative

Todays Picks
Company Name	CMP	Company Name	CMP
Tata Motors	152.00	MTNL	72.60
TCS	509.00	Sun Pharma	1143.20
Colgate	419.75	PNB	390.25
Reliance Power	104.20	Pfizer	530.00
Sesa Goa	81.05	Aurobindo Pharma	170.00
Take Solution	19.15	Tata Communication	452.00
L & T	660.30	Cairn India	160.80
BEML	341.50	Ador Fontec	78.00
ICSA India	84.10	Asahi India	41.00
Kalptaru Power	280.05	Basant Agro	23.50
Sadbhav Engg.	351.00	FAZE 3	8.80
Tata Metalics	71.05	Adhunik Metalics	28.25
Visaka Ind.	39.25	Signet Over	16.60
Fortis Healthcare	64.45	Country Club	10.68
Essar Shipping	29.40	On Mobile Global	211.75
Bharat Forge	85.00	Maha. Rubtech	15.35

Company Name	CMP	Company Name	CMP
Tata Motors	152.00	L & T	660.30
TCS	509.00	BEML	341.50
Colgate	419.75	ICSA India	84.10
Reliance Power	104.20	Mundra Port	381.15
Sesa Goa	81.05	Lanco Infra	110.60
Take Solution	19.15	UNITECH	31.20
Edelweiss Capital	289.00	SUN TV	162.00
Geodesic Ltd.	39.30	Havells India	113.50
Sagar Cement	122.60	Concor	711.00
Monsento India	1308.00	Taj GVK	43.00
SRF	66.55

Fantastic performance of our last recommendation

(From Intra day High Rate)

Futur Capital (+9), EID Parry (+3), Akruti City Nirman (+55),

Financial Techno (+32), RIL (+42), Titan Ind. (+42), Balaji Tele (+4),

Jindal Steel & Power (+60), NMDC (+25), Gail (+14), Dabur India (+2)

Technical Share

Company Name	Recomm.	CMP
MTNL	Buy	72.60
Sun Pharma	Buy	1143.20
PNB	Buy	390.25
Pfizer	Buy	530.00
Aurobindo Pharma	Buy	170.00
Tata Communication	Buy	452.00
Cairn India	Buy	160.80
Hindalco	Buy	46.05
Hero Honda	Buy	884.00
HDFC	Buy	1530.00
BOB	Buy	254.00
HCL Techno	Buy	110.05
Tisco	Buy	183.00
Zydus Cadila	Buy	251.80
GSFC	Buy	86.00
GNFC	Buy	58.75

Wonderful performance of our last recommendation

(From Intra day High Rate)

Wyeth (+46), PFIZER (+30), RIL (+80), GSK Pharma (+4), Polaris (+2),

Axis Bank (+14), HCL Info (+2), ONGC (+8), BHEL (+2), Balrampur Chini (+3)

Funda-Picks

Company Name	CMP	Company Name	CMP
Kalptaru Power	280.05	Fortis Healthcare	64.45
Sadbhav Engg.	351.00	Essar Shipping	29.40
Tata Metalics	71.05	Bharat Forge	85.00
Visaka Ind.	39.25	Jain Irrigation	326.30
Hannunag Toys	37.65	Moser Baer	62.25
Indrprasth Gas	110.50	Patel Engg.	144.40
Shivvani Oil	101.85	Alok Ind.	15.10
BHEL	1355.70	Petronet LNG	36.50
GVK Power	18.15	J. P. Associates	69.55
GHCL	27.00	Gail	196.80
Shree Cement	499.10	Monet Ispat	139.55
Oriental Bank	137.45	Dena Bank	34.20
Jai Corp.	63.00	Bombay Dyeing	146.40

Tremendous performance of our last recommendation

(From Intra Day High Rate)

Indiabulls Sec. (+2), Sail (+7), NTPC (+4), Power Grid (+2), Tata Chemicals (+5),

Central Bank (+2), Zuari Ind. (+4), Alembic Ltd. (+2), Essar Shipping (+2)