: Daily Market Outlook : 16th April, 2008 (Wednesday)

MARKET IN MOMENTUM MODE. YESTERDAY MAJORITY STOCKS HIT TARGET WITH STARS BEING ORCHID AND KLG SYSTEL. ALSO PLEASE CHECK THE RESISTANCE LEVEL FOR THE NIFTY GIVEN YESTERDAY WAS 4917 AND IT REVERSED EXACTLY FROM THERE !!!

TODAY NIFTY 4943 TO 4954 WILL BE CRITICAL RESISTANCE. ANY CLOSE ABOVE 4954 WILL GIVE THE RALLY A BOOSTER SHOT.

SENSEX
RESISTANCE AT 16269-16309-16344-16452. SUPPORT AT 16054-15892-15829-15801.



NIFTY

RESISTANCE AT 4914-4943-4955-4970. SUPPORT AT 4857-4791-4761-4708.

Free Indian Stock Tips

1. Recap: Agro dutch gave a profit of RS 150/-, Mudra life style gave a profit of Rs 280/- and Bank of India did not reach the entry price.

2. Indian Share market Update: One has to keep watch for Sensex sustaining above 16301 or Nifty has to sustain above 4926 to make some head way in positive direction for the indian stock market.

3. Strong Future Stocks:

Orchid Chemicals
Guj Alkalies
Essar Oil
Strides Arcolab
RPL
TCS
Chennai Petro
Balrampur Chini
GDL
Mphasis

4. Weak Future Stocks:

SAIL
Ansal Infrastructures
JSW Steel
Indian Bank
Patel Engg
Nagarjuna Fertilisers
Sobha
S.Kumar
Allahabad bank
Jet Airways

5. Free Indian Day Trading Tips:

Buy GMR Infra>145.3,146.80,149.15 sl 142.7
Buy GAIL>452.75,457,462 sl 447.4
Buy Union Bank>158.75,162.45,168 sl 153
Buy Bank of India>310.2, 313, 322 sl 306.8

Premium Market

Latest Grey Market Premium Dt. 16-4-2008

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac.)
Titagarh Wagons Ltd.	540	15 to 17	--
Kiri Diys & Chemicals	150	12 to 14	--
Aishwarya Telecom	32 to 35	5 to 7	1700 to 1800

Kiri dyes Allotment & Listing

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

New Public Issue(IPO)

Public Issues (IPO) Dt.: 16-4-2008

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
Surana Tele	32.75	WWIL	37.75
Morpan Labs	12.75	Bhagyanagr India	45.75
Bal Pharma	34.15	VBC Ind.	25.60
Infotrak	44.00	KLG Capital	48.40
TCFC Finance	40.65	Tuticorin Alaklies	12.70
Cupid Ltd.	16.70	SEL Man.	437.35
Sanket International	13.12	Anil Chemicals	19.74
Austin Engg.	100.00	Kerbs Bio	64.00
Elnet Techno	59.40	Ultramarine & Pigments	47.85
Orient Paper	45.20	TVS Motors	34.80
Deccan Gold	57.60	VLS Finance	19.25

Excellent Performance of our Last Recommendations:

(From Intra Day High Rate)

Sanwaria Agro (+8), Infotrak (+9), Shilp Gravures (+5), Emmsons Inter (+7),

VBC Ind. (+2), Ferro Alloy (+2), Agro Dutch (+2), Deccan Gold (+2)

Funda-Picks

Company Name	Recomm.	CMP
HEG	Buy	293.00
Reliance Power	Buy	384.00
Four Soft	Buy	35.10
Ind. Bank Merchant	Buy	27.30
IDBI	Buy	93.00
J. P. Hydro	Buy	61.00
Petronet LNG	Buy	77.45
PFC	Buy	163.10
Reliance Petro	Buy	190.00
Essar Oil	Buy	262.00
RNRL	Buy	105.70
Sical Logistics	Buy	175.50
Ganesh Housing	Buy	360.00
HBL Power	Buy	313.85
Gemini Communication	Buy	192.00
J K Tyre	Buy	128.00
Gujarat Alkalies	Buy	183.85
Sujana Tower	Buy	107.90
NTPC	Buy	191.45
Tamilnadu News Print	Buy	104.60
West Coast Paper	Buy	68.00
SAIL	Buy	159.85
KEC International	Buy	580.00
Autolite Ind.	Buy	71.25
Century Plyboards	Buy	709.00
Super Sales	Buy	130.00
Futura Capital	Buy	576.00

Superb Performance of our Last Recommendations:

(From Intra Day High Rate)

Moser Baer (+3), Vakrangee Software (+7), Reliance Power (+23), Essar OIL (+21),

HBL Power (+5), HDIL (+39), Jupiter Bio (+6), Subex (+4), Tata Chemicals (+8)

Technical Share

Company Name	Recomm.	CMP
Ranbaxy	Buy	482.00
Cipla	Buy	219.00
Idea Cellular	Buy	100.15
Renuka Sugar	Buy	108.55
Balrampur Chini	Buy	97.25
ICICI Bank	Buy	806.90
Kotak Bank	Buy	677.00
Aurobindo Pharma	Buy	317.00
Sterlite Techno	Buy	178.00
Hindustan Oil	Buy	146.00
TCS	Buy	976.00
Wipro	Buy	424.65
Infosys	Buy	1511.00
Tisco	Buy	690.00
Patni Computer	Buy	254.70
Mind Tree	Buy	399.20
Educomp Solutions	Buy	3875.00
R.Com	Buy	519.00

Extra ordinary Performance of our Last Recommendations:

(From Intra day High Rate)

Infosys (+88), Bharati Airtel (+13), Satyam Computer (+19), Wipro (+19), Polaris (+5),

Aptech (+5), ONGC (+24), Tisco (+2), R.Com (+27)