Daily Market Outlook : 3rd January, 2008 (Thursday)

YESTERDAY THE STARS WERE PUBLIC SECTOR BANKS. WE OPENLY ASKED U TO BUY WHICHEVER BANK U WANTED AND U GOT SPECTACULAR. WE RECOMMENDED CAN BANK WHICH FLEW BY AROUND 19% !!! ALSO UBI, DCB, KARNATAKA BANK, REL, CENTURY TEX, ASIAN ELEC., NAVBHARAT FERRO REACHED THEIR TARGETS WHILE ANSAL HSG HIT 10% UPPER CIRCIT.

MARKETS HAVE GIVEN A BREAKOUT, SO EVERY DIP SHOULD BE TREATED AS A BIUYING OPPORTUNITY. NIFTY TOOK SUPPORT EXACTLY AT YESTERDAY'S SUPPORT LEVEL AND BOUNCED BACK. SO BUY NEAR 6100 LEVELS, KEEPING A STOPLOSS OF 6015.

SENSEX RESISTANCE AT 20561-20827-21113. SUPPORT AT 20077-20014-19940.

NIFTY RESISTANCE AT 6209-6274-6345. SUPPORT AT 6060-6025-5900.

Premium Market

Latest Grey Market Premium Dt. 3-1-2008
& Listing Expected.

***Reliance Power***

(1) Retail investors may get the option of paying

Only 25 % with applications

(2) Retail investor likely to get 5% to 10% discount

New Public Issue

New IPO

Market Tips

Stock - Watch

The outlook of the markets seems positive
&
Rally to be continued

Sector Watch: Power, Steel & Banking
Fantastic Performance of our Last Recommendations:
(From Intra day High Rate)

Indoco Remedies (+3), Pyramid Saimira (+5), BhushanSteel (+121), McNally Bharat (+2),
ABG Shipyard (+22), English India Clys (+96), Advanta India (+15), REL (+151), IVRCL (+25),
Suzlon Energy (+8), MacDowel (+5), Mind Tree (+17), Wockhardt (+21)

Funda-Picks

Superb Performance of our Last Recommendations:
(From Intra Day High Rate)

Navkar Builders (+5), Every India (+2), Divis Labs (+8), NTPC (+1), Uco Bank (+11),

Central Bank (+6), Asian Tea (+1), Vinus Labs (+5), Dewan Housing (+11)

Speculative Scrips

(From Intra Day High Rate)

Pasari Spinning (+2), Gujarat Ambuja Export (+1),� Dollex Ind. (+5), VBC Ind. (+4),

Kohinoor Broadcasting (+1), Khandvala Sec. (+3), Estern India Shipyard (+2), BSEL Infra (+3),

DMC Inter (+2), Dagger Forst (+2), Diana Tea (+1), Linkan Pharam (+1),

IKF Techno (+2), Radhe Developers (+4)