TRADING CALL FOR DECEMBER 30

BUY RELIANCE INFRA CMP RS.569

FOR SHORT TERM DELIVERY TARGET OF

RS.620 , SL RS.535.

TRADING CALL AT 2.30 PM IST DECEMBER 29

BUY ROLTA CMP RS. 109.10 FOR

SHORT TERM DELIVERY TARGET OF RS.122

MARKETS AT 2.38 PM

SENSEX AT 9484 , 155 POINTS UP,

NIFTY AT 2904 , 47 POINTS UP.

DEC 29 MONDAY

Sell BHEL Futures at CMP Rs 1301 ,

for short term delivery target Rs 1200.

TRADING CALL FOR DECEMBER 26

BUY BANK OF INDIA CMP RS.284

FOR SHORT TERM DELIVERY TARGET

RS.305.

TECHNICALS FOR DECEMBER 24

MCX FEB COPPER

SHORT TERM : BEARISH

LONG TERM : BEARISH

SUPPORTS : 142, 140.20, 138

RESISTANCES : 145, 147.30, 149.60

STAY SHORT AT RESISTANCES

TRADING CALL FOR DECEMBER 23

SHORT CROMPTON GREAVES LTD @ RS.135

FOR A TARGET PRICE OF RS.125AND SL

RS.140.

TRADING CALL FOR THE DAY

Buy Maruti CMP Rs 549

Stop Loss Rs 535

Target Rs 578.

Trading Call on Dec 19 Friday

Sell ACC at CMP Rs 507

Stop loss Rs 520

For short term delivery target of Rs 482.

TRADING CALLFOR DECEMBER 18

SELL TATA POWER CMP RS.704,

SLRS.735,FOR SHORT TERM DELIVERY

TARGET RS.670.

TRADING CALL FOR DECEMBER 17

BUY TITAN INDUSTRIES CMP RS.924 FOR

SHORT TERM DELIVERY TARGET RS.980.

TRADING CALL FOR DECEMBER 15

BUY ABAN OFFSHORE FOR SHORT TERM

DELIVERY TARGET RS.850.

TECHNICAL LEVELS FOR NYMEX TRADING

DECEMBER 12

MCX MARCH SILVER

SHORT TERM : BULLISH

LONG TERM : BEARISH

SUPPORTS ; 16910, 16760, 16410

RESISTANCES : 17180,, 17310, 17680

WAIT FOR CONFIRMATION

TRADING CALL FOR DECEMBER 12

SELL RANBAXY CMP RS.210, FOR

SHORT TERM TARGET OF RS.195,

SL RS.221.

TRADING CALL FOR DECEMBER 11

BUY NTPC CMPM RS.169 FOR MEDIUM

TERM TARGET FOR DELIVERY OF RS.190.

TRADING CALL AT 12 NOON DECEMBER 10

BUY NIFTY 2900 CA CMP RS.99 - 100,

SL RS. 90 , TARGET 120 - 125.

DEC 10 WEDNESDAY

TRADING CALL FOR THE DAY

Buy Tata Power above Rs 705 , which could see the

stock touching the levels of Rs 740 in the near term.

Dec 8 Monday

Trading call
Buy Praj industries with Stop Loss Rs 52

For short term delivery target Rs 66 to 70.

Markets at 1.44 PM

Sensex at 9408 , 443 points up.

Nifty at 2855 , 139 points up.

DEC 8 MONDAY

Trading call for the day

1. Buy Adlabs at CMP Rs 168

For short term delivery

Target Rs 185.

DEC 5 FRIDAY

Trading call

1. Buy Reiance Infrastructure CMP Rs 546

for short term delivery

Target Rs 580.

TRADING CALL FOR DECEMBER 4

BUY CESC FOR SHORT TERM DELIVERY

TARGET RS.253.

A BOUNCE BACK IS EXPECTED,AT LEAST

EARLY ON DUE TO OVERNIGHT RALLY IN US

SHARES AND FIRM ASIAN MARKETS.

DEC 3 WEDNESDAY

Trading call for the day

1. Buy Bharati Airtel CMP Rs 671

For short term delivery

Target Rs 705.

DEC 2 TUESDAY

Trading call on Dec 2 Tuesday

Sell Bank of Baroda Futures CMP Rs 246 for

short term delivery .

Target of Rs 230

Stop loss Rs 256.

Markets will tumble at start.

MARKET UPDATE FOR DECEMBER 1

Weak European markets, fall in US index futures and dismal

economicdata which added to the concerns about the weakening

domestic andglobal economy pulled the domestic bourses to

intraday low in latetrade. The BSE 30-share Sensex lost

252.85 points, or 2.78%,shedding 486.81 points from the

day's high. The market reversedearlier strong gains in the

second half of the trading session. Volatility was high. After

an initial surge triggered by areshuffle of key government

posts on Sunday, 30 November 2008, themarket pared gains

in mid-morning trade as a survey showed fall inIndia's

manufacturing output in the month just gone by. The market

firmed up again in early afternoon trade but it shortly pared

gains. From that low, the market once again firm up in

afternoontrade.

Data showing fall in exports in October 2008, weak European

marketsand a further fall in US index futures pulled the

domestic bourseslower in mid-afternoon trade. The Sensex

swung 523.34 pointsbetween the day's high and low. Exports

fell an annual 12.1% in October 2008 to $12.82 billion, the
\
first year-on-year fall in nearly three years, as slowing output at

home and weakening economies in key overseas markets slashed

demand. The data hit the market at about 14:20 IST. Meanwhile,

a survey showed India's manufacturing output shrank forthe

first time in 3-1/2 years in November 2008 as credit conditions

tightened and the global financial crisis hurt sentiment and

reduced demand. The ABN AMRO Bank purchasing managers'

index (PMI),based on a survey of 500 companies, fell sharply to

a seasonallyadjusted 45.8 in November 2008, the first time it

has contractedsince the survey began in April 2005 and well

below October 2008's52.2.

A reading above 50 signals economic expansion while a figure

below50 suggests contraction. Trading in US index futures

indicated the Dow could fall 158 pointsat the opening bell

on grim manufacturing figures from China.China's manufacturing

industry slumped in November 2008 as neworders, especially

from abroad, tumbled in the face of deepeningeconomic gloom

and financial uncertainty, two separate surveys onMonday, 1

December 2008, showed. Asian markets were mixed. Japan's

Nikkei average fell 1.35% asglobal recession fears prompted

investors to book profits afterlast week's rally, with exporters

such as Toyota Motor Corpslipping on a firmer yen. Key

benchmark indices in South korea andSingapore were down

by between 1.58% to 1.62%. But key benchmarkindices in

China, Hong Kong and Taiwan were up by between 1.25%

to1.59%.