Daily Market Outlook : 24th April, 2008 (Thursday)

Sensex faced resistance in the zone of 16800 to 16900 and retraced from there as we had mentioned yesterday. Sensex needs to close above 16943 to gain further strength. At the same time strong support exists at 16467-16479.

Sensex Resistance at 16804-16871-16943-17030. Support at 16570-16479-16467-16397.

Nifty Resistance at 5052-5074-5092-5127. Support at 4994-4967-4932-4916.

Premium Market

Public Issues (IPO) Dt.: 24-4-2008

Company Name	Open Date	Close Date	Issue Size	Offer Price	Rating	Recomm.
Gokul Refoils & Solwent Ltd. (Book Building)	8-5-08	13-5-08	7158392 Shares (Rs. 139.5 Cr.)	175 to 195	--	--

Latest Grey Market Premium Dt. 24-4-2008

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac.)
Aishwarya Telecom	32 to 35	6 to 8	--

Speculative Scrips

Company Name	CMP	Company Name	CMP
Remi Metals	11.92	Avon Oganics	26.00
Spice Communication	41.30	Infotrek Syscom Ltd.	51.00
Premier Ltd.	128.20	Panasonic Carbon	119.50
Medicaps	88.00	Nandan Exim	3.41
A. K. Capital	290.00	Deccan Gold	52.00
Mysore Cement	39.50	Saboo Sodium	18.50

Tremendous Performance of our Last Recommendations:

(From Intra Day High Rate)

Balasor Alloy (+3), Varun Ind. (+8), Surya Roshni (+4), Shyam Star Gems (+5),

Simplex Casting (+2), Rain Commodities (+5), Advani Hotel (+2), Mukesh Steel (+1),

Ashco Bio (+1), Precision Pipes (+5), Medi Caps Ltd. (+10), Asian Granito (+1),

Kanpur Plstics (+3), Spice Communication (+3), Spentex (+1), Medicamen Bio (+2)

Funda-Picks

Company Name	Recomm.	CMP
RPL	Buy	195.00
IFCI	Buy	61.50
RNRL	Buy	117.90
Tata Tele	Buy	36.95
MRPL	Buy	106.00
Blue Dart	Buy	661.90
Ispat Ind.	Buy	35.75
National Oxygen	Buy	53.25
GTL Ltd.	Buy	270.00
Torrent Power	Buy	134.00
Nahar Spinning	Buy	64.45
Gremach Infra	Buy	164.00
Chennai Petro	Buy	340.95
Energy Development	Buy	152.00
Surana Tele	Buy	36.60
Allcargo Global	Buy	800.00
Grindwell Norton	Buy	138.00
Welspun Guj.	Buy	439.00
Kamanwala Housing	Buy	94.95

Company Name	BSE Code	CMP	Stoploss	Target
Facor Alloy	532656	13.29	12	18
Lloyd Electrics	NSE	113.70	110	125
Genisis International	506109	68.85	65	90
Goa Carbon	509567	79.20	70	100
Jhunjunwala Wanspati	519248	165.70	160	195
Rishabh Digha	531539	15.80	14	20
Jayhind Projects	531339	108.65	100	130

Terrific Performance of our Last Recommendations:

(From Intra Day High Rate)

Torrent Power (+9), GVK Power (+3), Orchid Chemicals (+8), GATI (+3),

Orient Abresives (+3), GMR Infra (+4), Binani Cement (+5), IFCI (+8), RNRL (+3),

Ideal Cellular (+3), ISPAT Ind. (+1), Omaxe (+3), Tisco (+2), Kirloskar Brothers (+7),

Coromandal Fertilizers (+2), Apollo Tyre (+2), Paper Products (+4), Ankur Drugs (+11)

Share Market Stock-Watch

Company Name	CMP
IVRCL Infra	418.90
DLF	684.30
Koutons Retail	790.00
Maruti Suzuki	761.15
R.Com	548.00
Hindustan Zink	625.30
Cairn India	255.00
Avaya Global	200.45
Unitech Ltd.	286.00
Purvankara Projects	300.30
D.S. Kulkarni	184.80
India Cement	184.00
EID Parry	208.90
Garware Offshore	264.45
United Br.	192.00
GMR Infra	161.00
Hinduja Venutre	384.00
Jindal Steel	2216.00
ICSA India	440.20
Tata Steel	797.80
JSW Steel	852.70
IL&FS Investment	253.00
Indiabulls Finance	507.00
Indiabulls Real Estate	513.00
Everest Kanto	321.00
Brigade Enterprise	187.00
Marico	69.00

Fantastic Performance of our Last Recommendations:

(From Intra day High Rate)

Educomp Solutions (+75), Concor (+16), Bajaj Hindustan (+13), RIL (+20),

Unitech (+12), Reliance Capital (+25), Jindal Stainless (+5), Sasken Comm. (+6),

United Spirits (+38), Edelweiss Capital (+25), Crisil (+296), UB Holding (+3)