: Daily Market Outlook : 11th April, 2008 (Friday)

Market will open strong and inflation figure which will be announced in the afternoon will be the key, expect huge volatility.

Yesterday the stars were Educomp, Sesa Goa, Sasken Comm, Cairn India, SRF & RIL all reached their targets.

Sensex Resistance at 15784-15906-15953-16065. Support at 15615-15464-15297.

Nifty Resistance at 4753-4799-4827. Support at 4703-4667-4628.

Premium Market

Latest Grey Market Premium Dt. 11-4-2008

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac.)
Titagarh Wagons Ltd.	540	15 to 20	--
Kiri Diys & Chemicals	150	10 to 15	--
Aishwarya Telecom	32 to 35	--	--

IPO Subscribed

	Titagarh Wagons	Kiri Diys & Chemicals
QIB	10.36	0.78
HNI	2.76	1.35
Retail	0.97	2.38
Employee	0.07	--
Average	6.75	1.43

New Public Issue(IPO)

Public Issues (IPO) Dt.: 11-4-2008

Company Name	Open Date	Close Date	Issue Size	Offer Price	Rating	Recomm.
Aishwarya Telecom Ltd. (Book Building)	15-4-08	17-4-08	40 Lakh Shares (Rs. 14 Cr.)	32 to 35	--	--

Speculative Scrips

Company Name	CMP	Company Name	CMP
GVK Power	43.10	Mahalaxmi Rubtech	72.00
SEL Man.	387.00	Poly Plex	175.00
Fedders Lloyd	52.00	Infotrak Syscom	52.00
Machino Plast	58.75	Global Vectra	85.00
RM Mohitech	77.00	Autostep	65.00
P I Drugs	50.00	Kaushlya Inter	40.80
Bal Pharma	34.00	Hellios & Math.	68.00
Orient Ceramics	45.00	Nikhil Adhesive	29.00
Gova Carbon	55.00	Alkiles Amines	97.00
EL Forge	51.35	Samkrg Piston	54.00
Lumax Auto	49.15	Kosian Industries	39.20
Hanil Era	9.70	Guj. Foils	126.80
Arvind Chemicals	46.10	Deccan Gold	52.00

Excellent Performance of our Last Recommendations:

(From Intra Day High Rate)

BPL (+1), DCW (+1), SEL Man (+3), Aftek (+1), K. Sera Sera (+1), Deccan Gold (+2.45),

Bhansali Engg. (2.45), TPL (+1), Madav Granite (+2)

Technical Share

Company Name	Recomm.	CMP
Tata Motors	Buy	623.65
Sterlite Ind.	Buy	785.25
HDFC Bank	Buy	1325.00
REL	Buy	1253.00
Nalco	Buy	428.35
IOC	Buy	447.00
ONGC	Buy	1002.35
Aptech	Buy	224.70
Mastek	Buy	325.00
Polaris	Buy	85.80
TCS	Buy	900.75
Infosys	Buy	1543.00
Wipro	Buy	406.00
Reliance Capital	Buy	1233.00
ITC	Buy	207.00
NIIT Techno	Buy	120.00
Divis Labs	Buy	1414.00
Tech Mahindra	Buy	830.00

Extra ordinary Performance of our Last Recommendations:

(From Intra day High Rate)

Tata Steel (+8), Rel (+76)

Share Market Tips

Company Name	Rec.	CMP	Stoploss	Target Price
Guj. Alkali	Buy	174	168	183 to 188
RPL	Buy	175	171	181 to 187
RIL	Buy	2450	2420	2489 to 2550
Cairn India	Buy	239	234	246 to 255
Hind Oil Expo	Buy	134	127	142 to 145
Tata Chem	Buy	322	315	328 to 336
McDowell	Buy	728	1705	1746 to 1772
Chennai Petro	Buy	314	305	324 to 333
GVK Power	Buy	42	40	46 to 50

Aurobindo Pharma, Divis Lab (above 1420), CMC and Aban Lloyd look good.

Company Name	Recomm.	CMP	Stoploss	Target Price
NIFTY	Buy	4715	4670	4780 to 4835
Cairn Energy	Buy	239	232	113 to 120
RPL	Buy	176	171	183 to 190
Tata Chemical	Buy	320	314	329 to 332
GMR Infra	Buy	140	137	148 to 152