Daily Market Outlook : 12th February, 2008 (Tuesday)

THOSE WHO FOLLOWED OUR ADVISE, MADE GOOD PROFITS, AS WE HAD ADVISED NOT TO TRADE. BY NOT TRADING YOU DON'T MAKE LOSSES AND IT IS AS GOOD AS MAKING PROFITS, IN SUCH A VOLATILE MARKET !!!


MARKETS ARE NOW APPROACHING OVERSOLD ZONE AND A BOUNCE WILL BE VISIBLE IN A DAY OR TWO. SHORT TERM TRADERS AND INVESTORS CAN CONSIDER 4491 AS STRONG SUPPORT FOR GOING LONG.


TILL THE MARKET REACHES THE BOTTOM AND STARTS UPWARD CORRECTION, STAY AWAY AND WATCH THE VOLATILITY FROM FAR.


SENSEX RESISTANCE javascript:void(0)
Publish PostAT 16835-17113-17427. SUPPORT AT 16457-16280-15480.

NIFTY RESISTANCE AT 4965-4996-5126. SUPPORT AT 4803-4749-4491.

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Tata Motors Path Breaking Move

1. Tata Motors in a path breaking move is now embarking on another project to come out with electric and hybrid vehicles in both passenger, including its flagship Indica, and commercial segments.

2. Hats off to engineers of tata motors who are working on blended fuel, partial and complete hybrids, electric vehicles and hydrogen-powered vehicles, some of which could be commercially produced as early as 2011.

3. It is noteworthy that the company is working on a petrol-electric hybrid vehicle capable of delivering about 20 km per litre complying with BS III and IV emission norms that could be applicable to Indica and its variants and also a possible adaptation of the concept to other platforms in future.

Best India Stock Market Tips:12 Feb

1. Recap: Ispat Industries, ONGC did not reach the entry price. ICICI bank gave a profit of Rs 24. As suggested Reliance Power dipped below its issue price. No body in his wildest dream would have had thought of Rpower cosing at 370/- on the day of listing. Well gentleman this is the power of stock market as it belies every hope.

2. Direction Indian Stock Market: Nifty has come in down trend now. Nifty has to trade above 4929 else it can fall to 4731-4610.

3. Strong Future Stocks

Satyam
Sun Pharma
Infosys
Bajaj Hind
JSW Steel
Glaxo
BPCL
Karnataka Bank
Hero Honda
Oriental Bank of Commerce.

4. Weak Future Stocks

Lanco
Adlabs
Ansal Prop
Mah Seamless
Essar Oil
Rel.Capital
Moser Baer
Rel Energy
JP Hydro
TVS Motors

5. Free India Stock Day Trading Tips

Buy NTPC>194.1,200, 202, 214 sl 189.45
Buy Satyam Computer>425.1,440,450 sl 420

6. Delivery cum Day Trading: Buy Datamatics Technology>35.6,36.8,38 sl 34 (one can hold the stock for 3-6 month).

7. Delivery Stocks: Market is giving fantastic opportunity to cherry pick the stocks. Buy with cash following stocks for 6 months:

(a) Kajaria Ceramics
(b) Apollo Tyres
(c) Abhishek Industries
(d) Premier Explosives
(e) Power Grid