Daily Market Outlook : 25th February, 2008 (Monday)

MARKET WILL CHEER THE LIBERAL BONUS GIVEN TO R-POWER SHAREHOLDERS.

AS A RESULT THE MARKET IS LIKELY TO OPEN STRONG,

BUT SUSTAINIBTILITY WILL BE DIFFICULT.



SENSEX RESISTANCE AT 17515-17823-18076. SUPPORT AT 17141-16967-16820.



NIFTY RESISTANCE AT 5143-5225-5267. SUPPORT AT 5071-5040-5009-4803.

Premium Market

Latest Grey Market Premium Dt. 25-2-2008

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac.)
Rural Electrification	90 to 105	23 to 25	--
GSS America InfoTech	400 to 440	Discount	---
IRB Infra	185	12 to 15	--
Manjushree Extrusion	45	5 to 7	--
Tulsi Extrusions	85	7 to 10	--
V. Guard Ind.	80 to 85	12 to 15	--

Reliance Power

Board approves free Bonus in Ratio of 3 : 5 to

All Shareholders (excluding the Promoter Group)

Today Listing

IRB Infra (532947) B1 Group (F & O Lot: 1100 Shares)

Tulsi Extrusions (532948) B1 Group

IPO Subscribed

	V. Guard Ind.	REC
QIB	1.74	39.30
HNI	2.91	27.12
Retail	4.24	7.67
Employee	0.85	0.94
Average	2.70	27.91

Speculative Scrips

Company Name	CMP	Company Name	CMP
Avon Organics	28.50	CBOP	56.00
Cyber Met Infotech	9.41	Sathvahana Ispat	63.35
Blue Bird (India)	48.00	PNB Gilts	30.00
Shiva Cement	13.25	Tribhuvan Housing	24.40
Bhagyanagar India	51.50	Rama Paper	23.40
Gulshan Sugar	50.80	Infotrak Syscom	61.10

Excellent Performance of our Last Recommendations

(From Intra Day High Rate)

Modipon Ltd. (+4), Jumbo Bag (+2), Exelon Infra (+1), Com.U-Lern (India) (+2),

Nandan Exim (+0.50), Exelon Infra (+0.50)

Funda-Picks

Company Name	Recomm.	CMP
Jyoti Structure	Buy	212.65
HCL Techno	Buy	270.00
J. P. Associates	Buy	246.90
GTL	Buy	249.00
Raymond	Buy	327.00
Videocon Industries	Buy	427.90
Ashapura Minechme	Buy	260.65
Micro Ink	Buy	316.25
G. M. Brewries	Buy	88.60
Grauer & Weil	Buy	119.45
Bank of Raj.	Buy	172.70
Karuturi Network	Buy	247.65
Spanco Tele	Buy	198.00
IVR Prime	Buy	246.50
Selan Explo	Buy	158.00
Ansal Housing	Buy	208.00
Honda Siel Power	Buy	227.00
Phillips Carbon	Buy	200.00
Rohit Ferro	Buy	82.30
Apar Ind.	Buy	233.00
Ram Sarup Ind.	Buy	190.00
Sarda Energy	Buy	464.00
Jaypee Hotel	Buy	159.15
Gremac Infra	Buy	257.30
Alok Ind.	Buy	67.00
Deepak Fert	Buy	130.00

Company Name	BSE Code	CMP	Stoploss	Target
Garware Offshore	501848	215	187	250 to 300
KEW Ind.	532758	33	30	40 to 45
Saru Tannery	514412	35	30	45 to 55
Kalindi Rail	522259	462	450	500 to 520
Kernex Micro	532686	207	200	230 to 245

Superb Performance of our Last Recommendations:

(From Intra Day High Rate)

Hexaware Techno (+5), Jaypee Hotel (+7), Welspun Gujarat (+19),

Infotrek ycom (+2), Pudumjee Agro (+7)

Technical Share

Company Name	Recomm.	CMP
Tata Power	Buy	1356.90
Techn Mahindra	Buy	691.95
Tata Tea	Buy	781.85
Satyam Computer	Buy	438.00
Bharti Airtel	Buy	850.00
Tata Steel	Buy	803.00
RIL	Buy	2429.00
SBI	Buy	2114.00
Hindalco	Buy	192.00
Kernex Micro	Buy	207.00
BHEL	Buy	2058.85
SBI	Buy	2114.70
Union Bank	Buy	188.00
Unitech	Buy	369.80
Hindalco	Buy	192.00
IVRCL Infra	Buy	468.00
Peninsula Land	Buy	97.45

Extra ordinary Performance of our Last Recommendations:

(From Intra day High Rate)

LUPIN (+2), TCS (+3), Wipro (+4)