: Daily Market Outlook : 15th April, 2008 (Tuesday)

Market will be very volatile. Nifty on the verge of giving a short term buy signal. If

Nifty manages to close in the green today, then expect Nifty target of 4910-4916.

Market Direction will be determined today by the Infosys Guidance. If it manages to guide above Rs 92 per share, then the Infosys along with other IT shares will stage a rally.

Sensex Resistance at 15957-16063-16107-16259. Support at 15691-15655-15587-15464.

Nifty Resistance at 4816-4855-4917. Support at 4749-4727-4696.

Free Indian Stock Tips

1. Recap: Selan exploration gave a profit of Rs 3000/-, Sail gave a profit of Rs 270/- and RPL gave a profit of Rs 725/- per one hundred shares bought as per the recommendation.

2. Nifty Update: One must closely watch Nifty 4649 levels and the trading range for Nifty can be 4650-4700-4800-4950. Deep support for Nifty is 4400 and farther range in the near term is Nifty 5000 levels.

3. New IPO: Aishwarya Tele is hitting the market with a price band of RS 32-35 and is opening on 15 Apr,2008 and is closing on 17 Apr 2008 and it is a normal IPO and one can rather invest available money in blue chip stocks available at throw away prices.

4. Free day Trading Tips:

Buy Agro Dutch>29.70 30.40 31.15 (one can hold this stock for 6 months for a target of Rs 37)

Buy Mudra Lifestyle>41.75, 42.55, 43.90 sl 40.75

Buy Bank of India>310.2, 313, 322 sl 306.8

Premium Market

Latest Grey Market Premium Dt. 15-4-2008

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac.)
Titagarh Wagons Ltd.	540	12 to 15	--
Kiri Diys & Chemicals	150	10 to 12	--
Aishwarya Telecom	32 to 35	4 to 6	1700 to 1800

Kiri dyes Allotment & Listing

Allotment likely on 21st April & Listing around 24th April

New Public Issue(IPO)

Public Issues (IPO) Dt.: 15-4-2008

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	38 %	Avoid

Speculative Scrips

Company Name	CMP	Company Name	CMP
Sanwaria Agro	70.30	Shilp Gravures	59.95
CHD Developers	15.79	Emmsons Inter (532038)	180.95
Guj. Petronet	62.30	VBC Ind.	24.40
Infotrak	45.00	Ferro Alloy	23.50
Jayaswal Neco	43.05	VLS Finance	18.35
Asian Granito	61.00	Agro Dutch	29.00
Ind. Bank Merchant	29.00	RPG Cable	37.00
Ballasore Alloy	49.00	Deccan Gold	54.90

Excellent Performance of our Last Recommendations:

(From Intra Day High Rate)

GVK Power (+2), SEL Man. (+20), Global Vectra (+15)

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

Bhansali Engg. (2.45), TPL (+1), Madav Granite (+2) Guj. Foils (+7)

Funda-Picks

Company Name	Recomm.	CMP
Moser Baer	Buy	167.65
Mukund Ltd.	Buy	85.00
Seamec	Buy	148.00
Vakrangee Software	Buy	212.95
Petronet LNG	Buy	75.90
Reliance Power	Buy	361.00
Essar Oil	Buy	241.10
Zicom Electornics	Buy	130.75
Jaypee Hotel	Buy	23.15
Automotiv Axles	Buy	371.00
GTL	Buy	267.00
J K Tyre	Buy	116.00
Tata Chemicals	Buy	329.50
S. Kumar World	Buy	100.85
Welspun India	Buy	390.00
BASF India	Buy	204.00
Tata Chemicals	Buy	320.00
X L Tele	Buy	249.60
HBL Power	Buy	275.00
Kamanwala Housing	Buy	96.00
Cera Sanitory	Buy	116.00
Numeric Power	Buy	575.00
Sujana Towers	Buy	110.00
Renuka Sugar	Buy	104.00
Jupiter Bio	Buy	152.60
Fortis Healthcare	Buy	77.25
Subex Ltd.	Buy	201.00

Superb Performance of our Last Recommendations:

(From Intra Day High Rate)

GTL Ltd. (+10), Gruh Finance (+2), Reliance Power (+2), SRF (+3), Kesoram Ind. (+3.50),

SRF (+3), RPL (+5.40), Deccan Aviation (+2), NTPC (+2)

Technical Share

Company Name	Recomm.	CMP
Infosys	Buy	1422.45
SBI	Buy	1667.00
Bharti Airtel	Buy	804.00
Satyam Computer	Buy	433.00
Wipro	Buy	406.00
Polaris	Buy	86.65
Aptech	Buy	225.75
ONGC	Buy	1000.25
Bharati Sipyard	Buy	473.10
Tata Steel	Buy	692.00
MTNL	Buy	99.45
R.Com	Buy	493.25
Tata Communication	Buy	472.10
Guj. Ambuja Cement	Sell	117.60
Ultratech Cement	Sell	790.10
ACC	Sell	812.60

Extra ordinary Performance of our Last Recommendations:

(From Intra day High Rate)

Reliance Capital (+47), TCS (+7), ITC (+3), NIIT Techno (+4), Aptech (+2),

Mastek (+5), HDFC Bank (+3), Tata Motors (+2)