Daily Market Outlook : 22nd April, 2008 (Tuesday)

Just see yesterday we mentioned that CRR hike is already discounted and upmove to continue. Just see what happened to Sasken Communication it zoomed by a whopping 33% ...what more you want???

Sensex Resistance at 16818-16832-17030-17227. Support at 16556-16397-16198-16128.

Nifty Resistance at 5053-5071-5119. Support at 5014-4948-4934-4904.

Premium Market

Latest Grey Market Premium Dt. 22-4-2008

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac.)
Kiri Dyes & Chemicals	150	15 to 20	--
Aishwarya Telecom	32 to 35	6 to 8	--

Today Listing

Kiri dyes (Scrip Code: 532967) (B Group)

Aishwarya Telecom Ltd. Subscribed

QIB	8.44
HNI	29.14
Retail	33.98
Employee	1.03
Average	20.00

Speculative Scrips

Company Name	CMP	Company Name	CMP
Manaksia	91.70	Asian Granito	70.45
Eruo Ceramics	138.00	Suraj Stainless	173.00
Bhagyanagar India	45.20	Bihar Caustics	85.90
Cheslind Textiles	13.00	PBM Polytex	24.00
Rishabh Digha	15.00	Samtel Colour	17.10
Surana Tele	36.90	Suryachakra Power	27.20
TVS Electronics	43.25	Vivimed Labs	99.05
Elforge	69.00	Perm. Magnet.	22.00
Paramount Comm.	34.55	Deutuch RG	14.40

Excellent Performance of our Last Recommendations:

(From Intra Day High Rate)

Deep Ind. (+5), Ispat Ind. (+3), K. Sera Sera (+1), Nakoda Textiles (+4), Chambal Fert (+3),

BSEL Infra (+4), Jyoti Ltd. (+9), First Source (+4), Tata Tele (+3), GS Auto (+5),

Deccan Gold (+4), Infotrak (+1), Orient Ceramics (+1), Sathvahana Ispati (+8+, VLS Finance (+2),

RCF (+3), Chambal Fert. (+3)

Funda-Picks

Company Name	Recomm.	CMP
Binani Cement	Buy	81.50
Shyam Tele	Buy	99.00
Rain Commodities	Buy	253.00
PSL	Buy	306.00
GVK Power	Buy	44.80
Praj Ind.	Buy	174.00
RPL	Buy	191.70
JP Hydro	Buy	66.55
Dabur Pharma	Buy	73.00
Orient Abrasive	Buy	23.40
Chambal Fertlisers	Buy	70.65
Tata Chemicals	Buy	368.25
GHCL	Buy	87.25
Pyramid Saimira	Buy	350.70
South Indian Bank	Buy	165.95
K.S. Oil	Buy	79.95
Exide Ind.	Buy	75.85
Mercator Lines	Buy	95.65
Varun Shipping	Buy	80.55
BOB	Buy	111.00
IRB	Buy	204.00
SAIL	Buy	174.00
NTPC	Buy	190.00
Merc Ltd.	Buy	340.00
Blue Dart	Buy	555.00
Excel Ind.	Buy	59.45
Kirloskar Brothers	Buy	277.00

Company Name	BSE Code	CMP	Stoploss	Target
Shre Precoted	513349	200	190	215
Super Tanery	523842	12	11	15
Uni Abex	504605	106	100	115
Genesys Inter	506109	63	55	75

100 % Terrific Rate of our Last Recommendations:

(From Intra Day High Rate)

Rain Commodities (+23), TVS Electronics (+7), Amtek Auto (+5), SRF (+9), Gujarat Alkalies (+3),

RPL (+8), Mind Tree (+19), GMR Infra (+7), Power Grid (+4), Sun Pharma (+68),

Foseco India (+21), Aban Offshore (+100), Dhanush Techno (+12), Tata Sponge (+13),

Lanco Infra (+28), Tata Sponge (+13), Precision Pipes (+3), Kalpana Ind. (+8),

Lok Housing (+20), Lloyd Electric (+10) Simplex Casting (+1), Concor (+15), Ansal Properties (+9)

Technical Share

Company Name	Recomm.	CMP
Sasken Communication	Buy	191.00
Sun Pharma	Buy	1328.00
IDEA Cellular	Buy	104.00
M & M	Buy	639.05
Axis Bank	Buy	881.00
Tisco	Buy	776.00
SBI	Buy	1741.00
ONGC	Buy	1030.00
ICICI Bank	Buy	860.00
Bharti Tele	Buy	840.00
Kotak Bank	Buy	732.00
Dish TV	Buy	65.00
Bajaj Hindustan	Buy	238.00
Triveni Engg.	Buy	124.00

100 % Achievement rate of our Previous Recommendations:

�(From Intra day High Rate)

Kotak Mahindra (+19), ITC (+5), Rolta India (+15), HCL Techno (+9), SAIL (+3),

LIC Housing (+13), United Spirits (+51), I Flex Solutions (+90), SBI (+67), Tisco (+65),

Jindal Steel (+84), DCHL (+4), Sterlite Techno (+16), Educomp Solutions (+192)