STOCK IDEAS 3RD SEPTEMBER

AXISBANK SL.624 TGT 678
ACC SL.1045 TGT 1160
GMRINFRA SL.795 TGT 1000
SBIN SL.1560 TGT 1650,1725
TITAN SL.1205 TGT 1375
BHARTI ABV 890 TGT 960 SL.862
RELCAPTIAL SL.1150 TGT 1300
BEML SL.1182 TGT 1325
LANCO SL.280 TGT 400
KOTAKBANK ABV.721 TGT 900


Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

TRALING STOPS FOR 31 AUG CALLS

ZEEL HOLD SL.298,TGTS 318,326,352
SKUMARS HOLD SL.105 BUY AT 107
ARVIND HOLD SL.45.5 TGT 53
JINDALSTEL SL.3725 TGT 4010,4500
FINANTECH SL.2310 TGT 2505,2650
PENINLAND SL.478 TGT 538
INDIAINFO SL.630 TGT 717



Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

STOCK IDEAS 31 AUG

ZEE ENTERTAINMENT ENTERPISES IS LOOKING BEAUTIFULLLY POISED FOR ITS NEXT MOVE.IF IT SUSTAINS ABV 308 BUY.CAN MOVE UP SIGNIFICANTLY TO HIGHER LEVELS CAN REALLY RUN HARD
SKUMARS LOOKING GOOD FOR UP MOVE UPTO 116.KEEP A STRICT STOP AT 105 AND BUY AT DIPS TOWARDS 107
ARVINDMILL IS SEEING FANTASTIC ACCUMALATION AND CAN MOVE UP PHENOMENALLY BUY WITH A STOPLOSS OF 45.5 AND FINAL STOPLOSS OF 44.
JINDAL STEEL AND POWER IS PREGNANT FOR NEXT UPMOVE BUY WITH STOPLOSS OF 3725
BUY FINANCIAL TECHNOLOGIES ON DECLINES TOWARDS 2300 TO GO LONG.
PENINLAND ABV 481 CAN MOVE TO 537
BUY INDIA INFOLINE SL.629 TARGET 672,715 VERY SOON

Nifty Outlook 31 Aug

YESTERDAY BEING EXPIRY WE DID NOT POST SO THAT TRADING WAS AVOIDED.
NIFTY HAS REGAINED LOST MOMENTUM AFTER A CONSIDERABLE CORRECTION.NOW MY SINPLE ADVICE TO U ALL IS THAT ANY DIP GO OUT AND BUY LONG POSITIONS IN NIFTY.TRADERS CAN BUY 4400,4500 & 4600 CALLS OF NIFTY UNDER ALL CIRCUMSTANCES OF PANIC.NIFTY HAS GIVEN A FANTASTIC BREAKOUT AT 4290 REGION.USE 4320 ON CLOSING BASIS AS YOUR STOP LOSS AND BUY NIFTY CALLS AND FUTURES AND HOLD PATIENTLY.

Stock Ideas

Sesa Goa is looking good can be a great positional buy.One can buy Sesa goa in todays morning dip at all levels above 1768 as stop loss on closing basis.
ITC can be bought at a dip keeping a stoploss at 160.
MTNL can be short sold with stoploss of 139.5 and a target of 129.5
DenaBank can be bought with stoploss of 54.
Arvind Mill is Strong buy ,Buy in sept Series with stoploss of 44 in cash.
Lanco Infra is looking great any dip towards 260 levels is a buy with strong support at 251.Buy with stoploss at those levels.

Nifty and market outlook for 29th Aug

Nifty Has moved in one direction from 4100 to yesterdays levels of 4330.Nifty encounters huge resistance between 4330-4370.Now nifty needs to move above this region to confirm reversal of trend.Today we will correct in line with global markets and likely to find support at 4230-4225 after initial sell off.One should watch out for a close above this levels as europe is likely to open mildly positive to flat after yesterdays sell off.look for buying opportunities at close if market is sustaining above 4230 levels.

Interesting correction data

NIFTY ---- MAJOR CORRECTIONS

DATE	Nifty Level	Rise/Fall	%age	Months	%age Correction
			Gain/Loss	Taken	of previous Rally
28-04-2003	920
14-01-2004	2015	1095	119	8.5
17-05-2004	1292	-723	-36	4	-66
04-01-2005	2120	828	64	8
29-04-2005	1896	-224	-11	4	-27
05-10-2005	2669	773	41	5
28-10-2005	2307	-362	-14	1	-47
11-05-2006	3774	1467	64	6.5
14-06-2006	2595	-1179	-31	1	-80
08-02-2007	4245	1650	64	8
05-03-2007	3555	-690	-16	1	-42
24-07-2007	4648	1093	31	4.5
17-08-2007	4002	-646	-14	1	-59

Above is the Data of Major Rise and Major Falls had by the Nifty during its

four year Bull Run since May 2003.

1. On three of the six occasion, Major corrections occurred after rallying 64%.

Once it corrected after rallying 41% and other time 31% while the very first

correction occurred after rallying 119%

2. On two occasions Nifty Fell 30% while on four occasions Nifty Fell 15%

3. Another interesting thing is that, in between every 30% fall there have been

two corrections of 15% each. Hence if we presume current correction to be over

at my target, then you know what to expect in next major correction if one

believes in this analysis.

4. Barring the first two corrections, other four corrections have been for 1 month only

Market Outlook

Every morning we shall be posting our market outlook with supports and resistance levels for it.

Stocks For investment Portfolio

Todays we give you some stocks from invetsment prespective in each sector:-
1.Telecom:-
R-com buy around480-500 tgt 810-825
2.IT:-
TCS buy around 1000-1020 tgt 1400-1425
3.Oil & Gas:-
Reliance on every dip tgt 2700-2800
4.Media:-
SunTV at 300 tgt 450
Adlabs at 450-460 tgt 730-750
5.Hotels:-
Hotel Leela 40-41 tgt 65-68
Indian Hotels 120-124 tgt 180-185
6.Power Sector:-
REL at 720 tgt 1200
7.Banks:-
ICICI Bank 800-850 tgt 1200-1250
Kotak Bank 650 tgt 900
SBIN 1400 tgt 1800
8.Infrastructure:-
GMR Infra 750 tgt 1300
L&T 2200 tgt 3400
9.Metals:-
TataSteel 530-550 tgt 800-830
Sterlite Ind 530-550 tgt 900
10.Real Estate:-
Parsvnath 260-280 tgt 520
11.Autos:-
TataMotors 620-630 tgt 850-900
12.Pharma:-
Glenmark 600 tgt 920
13.FMCG:-
ITC 155-160 tgt 225-230