STOCKS TO WATCH 12th DEC 2008

STOCK TIPS
RPOWER & RPL: Looks fantastic. Expect 130-138, 88.50-93.

RNRL: (54.75) Crossover above 59 it'll spurt up further.

RIL: (1258) 1243 & 1195 crucial support & trend decider. 1303-1314 hurdles to watch out for.

REL INFRA & RCOM: 624-577 & 249-230 crucial trend deciders.

DLF & JP ASSO: 272.50 & 85 crucial resistances & trend deciders.

IDBI: (63.50) Looks good. Buy.

INDIA CEM: (98) Buy in panic.

L&T: (782) 794 & 759 crucial trend deciders.

M&M: (286) Buy in panic.

SUZLON & IDFC: 54 & 71 crucial resistances & trend deciders.

LITL: (140) 132 a solid support & trend decider.

STOCK TIPS TODAY 10-12-08

ICICI BANK

BUY around 370 and exit surely around 380

REL INFRA

BUY around 550 and exit surely around 575

CAIRN

BUY around 144 and exit surely around 150

TATA POWER

BUY around 686 and exit surely around 700

NTPC

BUY around 164 and exit surely around 172

NEYVELI

BUY around 55 and exit surely around 70

LICBUY above 218 only and exit surely around 230

STOCK TIPS TODAY

STOCK TIPS TODAY


SAIL & WELSPUN GUJ:
Looks good. Buy.

TISCO: (187) 196.50-200 crucial resistance area to watch out for.

UNITECH: (30.25) Crossover above 31 it'll explode & rocket like up move will be seen.

HDIL: (92) Expect 96.50, 100 & 106. Book profit on higher levels.

LITL: (128) Buy.

BHEL: (1357) Buy.

KOTAK Bank: (355) 365-371 hurdles to watch out for. Crossover above 371 expect huge further up move.

AXIS Bank: (455) Buy.

REL CAP: (452) Buy.

SUZLON: (41.45) Buy.

RELIANCE: (1159) 1177 crucial hurdle crossover above which expect heavy fresh buying.

LARSEN: (747) 785.50 a hurdle & trend decider.

HDFC: (1509) Looks good. Buy.

CENTURY: (145) Buy.

IDFC: (61) Expect 64.50 & 67-68.

BHARTI & IDEA: Looks good.

MARKET OUTLOOK 5th Dec. 2008

MARKET OUTLOOK TODAY

Global markets present a mixed picture on varying cues.
American markets have fell in anticipation of a weak job
report. On the other hand Asian markets have rose on weak
crude oil prices that will reduce energy costs. Crude oil is set
for its biggest weekly decline since March 2003, trading near
an almost four- year low, as the economic contraction and job
losses in the U.S. cause a slump in fuel demand. Crude oil is
currently trading at around a $43 a barrel. Indian markets are
likely to open in a narrow range.
Today the Critical level for upside is 2810 and if the index
sustains above this level, bullish sentiment can be extend
towards the major Resistance at 2860.The first support for the
day is at 2760 and the downside major support is at 2710.


Global Market Scenario:

Stocks tumbled as a rash of job cuts at major companies added to
jitters ahead of the November jobs report. The Dow Jones industrial
average ended down 215 points. The Standard & Poor's 500 index fell
2.9% and the NASDAQ composite retreated 3.1%.
Crude oil is at $43.66 a barrel and Gold is at $769 an ounce.
European shares ended lower on Thursday as a slew of grim economic
and company news flagged tough times ahead after steep rate cuts by
the European Central Bank, the Bank of England and Sweden's
Riksbank. Across Europe, the FTSE 100 index was 0.2 percent lower,
Germany's DAX fell 0.07 percent and France's CAC 40 was 0.2
percent lower.
Asian stocks rose as speculation slumping oil prices will reduce
energy costs and spur consumer spending countered a retreat by
mining companies and energy producers. Japan’s Nikkei 225 is up by
0.58% and Hong Kong’s Hang Seng rose 2.29% in the morning trade.
Data about unemployment rate is expected from US today.

Indian Stock Market Weekly Report

The week that went by

The Indian markets continued the selling during the major part of the week, but recovered a on the last day. NSE Nifty, after opening around
2813, have fell considerably to the week’s low of 2502.9; however, recovery emerged in the market from those levels and the index closed at
2693.45, shedding 117 points from the last week.
BSE Sensex lost 470 points to close at 8915.

Technical Outlook :

The Indian market Indices have recovered slightly during the last sessions of the week’s trading.
NSE Nifty have recovered after testing 2502. It is worth mentioning that the first target of the recent downside was 2550.
The current pull-back from the low is expected to continue in first part of the coming week, but selling will emerge from higher levels. This
upside has a normal target of 2755. However, the market is not expected to cross 2860; before this another downside can start.

Week Ahead :
The global cues will once again direct the Indian indices. The F&O expiry in the next week will make the trading more volatile. The FIIs are
continuing the selling in the market, which is another cause of concern.
Market need to be expected to continue the recovery in the opening days, however, selling will emerge in the latter half of the day.

Sensex Technical

05th November 2008.

SENSEX : Crossover above 10800 expect 11055 & 11257.

NIFTY: A close above 3246 NF will move up to 3477.


BSE index: (10631) Consider 10392 a solid support, keep stop loss of 10116 to your buys now.
Upward side it'll rush up to 10700 & 10795 initially. Crossover above 10795 it'll shoot up to 11055 & 11257.
Downward side break below 10116 it'll turn weak & fall down to 9775.


Nifty Future: (3150) Consider 3085 a solid support, keep stop loss of 2993 to your buys.
Upward side it'll rush up to 3182 & 3246 initially. Consider 3246 a crucial hurdle.
A close above 3246 it'll sustain on higher levels & shoot up to 3477.
Downward side break below 2993 it'll turn weak & fall down to 2880 & 2810.

STOCKS TO WATCH

REL PET: (94) Looks fantastic. Expect 97.50 initially crossover above which expect further huge up move.

REL CAP: (739) Grab it at an opening bell.

RCOM, RNRL, ADLABS & REL INFRA: Looks good only. Remain long. Crossover above 562 in REL INFRA expect further huge up move.

REL INFRA: (535) Expect 562 initially which is a crucial hurdle & trend decider for the day.

SBI & BOB: After initial up surges, some profit booking from higher levels will underway.


ICICI Bank: (459) Looks good. 485 a minor hurdle to watch out for.

KOTAK Bank: (422) 455 a hurdle to watch out for.

YES Bank, INDUSIND, KTK & IDFC: Looks good.

SUZLON, JP HYDRO, SIEMENS & L&T: Buy.

DLF: (290) Now crossover above 306 expect 352.

UNITECH: (56) Buy.

JSWSL & TISCO: Buy.

Stock market crash

Stock market crash

A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles.

Stock market crashes are in fact social phenomena where external economic events combine with crowd behavior and psychology in a positive feedback loop where selling by some market participants drives more market participants to sell. Generally speaking, crashes usually occur under the following conditions[citation needed]: a prolonged period of rising stock prices and excessive economic optimism, a market where Price to Earnings ratios exceed long-term averages, and extensive use of margin debt and leverage by market participants.

There is no numerically specific definition of a crash but the term commonly applies to steep double-digit percentage losses in a stock market index over a period of several days. Crashes are often distinguished from bear markets by panic selling and abrupt, dramatic price declines. Bear markets are periods of declining stock market prices that are measured in months or years. While crashes are often associated with bear markets, they do not necessarily go hand in hand. The crash of 1987 for example did not lead to a bear market. Likewise, the Japanese Nikkei bear market of the 1990s occurred over several years without any notable crashes.

Wall Street Stock Market Crash of 1929

Main article: Wall Street Stock Market Crash of 1929
The most famous crash happened on October 29, 1929. The economy had been growing robustly for most of the so-called Roaring Twenties. It was a technological golden age as innovations such as radio, automobiles, aviation, telephone and the power grid were deployed and adopted. Companies who had pioneered these advances, like Radio Corporation of America (RCA) and General Motors, saw their stocks soar. Financial corporations also did well as Wall Street bankers floated mutual fund companies (then known as investment trusts) like the Goldman Sachs Trading Corporation. Investors were infatuated with the returns available in the stock market especially with the use of leverage through margin debt. On August 24, 1921, the Dow Jones Industrial Average stood at a value of 63.9. By September 3, 1929, it had risen more than sixfold, touching 381.2. It would not regain this level for another twenty five years. By the summer of 1929, it was clear that the economy was contracting and the stock market went through a series of unsettling price declines. These declines fed investor anxiety and events soon came to a head. October 24 (known as Black Thursday) was the first in a number of increasingly shocking market drops. This was followed swiftly by Black Monday on October 28 and Black Tuesday on October 29.

On Black Tuesday, the Dow Jones Industrial Average fell 38 points to 260, a drop of 12.8%. The deluge of selling overwhelmed the ticker tape system that normally gave investors the current prices of their shares. Telephone lines and telegraphs were clogged and were unable to cope. This information vacuum only led to more fear and panic. The technology of the New Era, much celebrated by investors previously, now served to deepen their suffering.

Black Tuesday was a day of chaos. Forced to liquidate their stocks because of margin calls, overextended investors flooded the exchange with sell orders. The glamour stocks of the age saw their values plummet. Across the two days, the Dow Jones Industrial Average fell 23%.

By the end of the week of November 11, the index stood at 228, a cumulative drop of 40 percent from the September high. The markets rallied in succeeding months but it would be a false recovery that led unsuspecting investors into the worst economic crisis of modern times. The Dow Jones Industrial Average would lose 89% of its value before finally bottoming out in July 1932.

The Stock Market Crash of 1987

Main article: Black Monday (1987)

The mid-1980s were a time of strong economic optimism. From August 1982 to its peak in August 1987, the Dow Jones Industrial Average (DJIA) grew from 776 to 2722. The rise in market indices for the 19 largest markets in the world averaged 296 percent during this period. The average number of shares traded on the NYSE had risen from 65 million shares to 181 million shares.[1]

The crash on October 19, 1987, a date that is also known as Black Monday, was the climactic culmination of a market decline that had begun five days before on October 14th. The DJIA fell 3.81 percent on October 14, followed by another 4.60 percent drop on Friday October 16th. On Black Monday, the Dow Jones Industrials Average plummeted 508 points, losing 22.6% of its value in one day. The S&P 500 dropped 20.4%, falling from 282.7 to 225.06. The NASDAQ Composite lost only 11.3% not because of restraint on the part of sellers but because the NASDAQ market system failed. Deluged with sell orders, many stocks on the NYSE faced trading halts and delays. Of the 2,257 NYSE-listed stocks, there were 195 trading delays and halts during the day. [2] The NASDAQ market fared much worse. Because of its reliance on a "market making" system that allowed market makers to withdraw from trading, liquidity in NASDAQ stocks dried up. Trading in many stocks encountered a pathological condition where the bid price for a stock exceeded the ask price. These "locked" conditions severely curtailed trading. On October 19th, trading in Microsoft shares on the NASDAQ lasted a total of 54 minutes.

The Crash was the greatest single-day loss that Wall Street had ever suffered in continuous trading up to that point. Between the start of trading on October 14th to the close on October 19, the DJIA lost 760 points, a decline of over 31 percent.

The 1987 Crash was a worldwide phenomenon. The FTSE 100 Index lost 10.8% on that Monday and a further 12.2% the following day. In the month of October, all major world markets declined substantially. The least affected was Austria (a fall of 11.4%) while the most affected was Hong Kong with a drop of 45.8%. Out of 23 major industrial countries, 19 had a decline greater than 20%.[3]

Despite fears of a repeat of the 1930s Depression, the market rallied immediately after the crash, posting a record one-day gain of 102.27 the very next day and 186.64 points on Thursday October 22. It took only two years for the Dow to recover completely; by September 1989, the market had regained all of the value it had lost in the 1987 crash. The Dow Jones Industrial Average gained six-tenths of a percent during the calendar year 1987.

No definitive conclusions have been reached on the reasons behind the 1987 Crash. Stocks had been in a multi-year bull run and market P/E ratios in the U.S. were above the post-war average. The S&P 500 was trading at 23 times earnings, a postwar high and well above the average of 14.5 times earnings.[4] Herd behavior and psychological feedback loops play a critical part in all stock market crashes but analysts have also tried to look for external triggering events. Aside from the general worries of stock market overvaluation, blame for the collapse has been apportioned to such factors as program trading, portfolio insurance and derivatives, and prior news of worsening economic indicators (i.e. a large U.S. merchandise trade deficit and a falling U.S. dollar which seemed to imply future interest rate hikes).[5]

One of the consequences of the 1987 Crash was the introduction of the circuit breaker or trading curb on the NYSE. Based upon the idea that a cooling off period would help dissipate investor panic, these mandatory market shutdowns are triggered whenever a large pre-defined market decline occurs during the trading day.

The Global Economic Crisis of 2008

Main article: Global financial crisis of September–October 2008

Beginning on September 16, failures of large financial institutions in the United States, due primarily to exposure to securities of packaged subprime loans and credit default swaps issued to insure these loans and their issuers, rapidly evolved into a global crisis resulting in a number of bank failures in Europe and sharp reductions in the value of equities (stock) and commodities worldwide. The failure of banks in Iceland resulted in a devaluation of the Icelandic Krona and threatened the country with bankruptcy. Iceland was able to secure an emergency loan from Russia. [6] In the United States, 15 banks failed in 2008, while several others were rescued through government intervention or acquisitions by other banks.[7] On October 11, 2008, the head of the International Monetary Fund (IMF) warned that the world financial system was teetering on the "brink of systemic meltdown" [8]

The economic crisis caused countries to temporarily close their markets.

On October 8, the Indonesian stock market halted trading after a 10% one day drop. [9] Russia, Ukraine, and Thailand also temporarily suspended trading. [10] Mexico and Brazil, Latin America's biggest economies, acted to prop up falling currencies.[11]

The Times of London reported that "the meltdown was being dubbed the Crash of 2008 and older traders were comparing it with Black Monday in 1987. The fall this week of 21 percent was not as bad as the 28.3 percent fall 21 years ago. But some traders were saying it was worse. “At least then it was a short, sharp, shock on one day. This has been relentless all week.”"[12]. Business Week also referred to the crisis as a "stock market crash" or the "Panic of 2008." [13]

The Black Week: [14] Beginning October 6th and lasting all week the Dow Jones Industrial Average closed lower 5 out of 5 sessions. Volume levels were also record breaking. The Dow Jones industrial average fell over 1,874 points, or 18%, in its worst weekly decline ever on both a point and percentage basis. The S&P 500 fell more than 20% [15]. The week also set 3 top ten NYSE Group Volume Records with October 8th at #5, October 9th at #10 & October 10th at #1 [16]

It has been noted that recent stock market drops are overall nowwhere near the severity experienced during the last stock market crash in 1987.[17] Other evidence suggests that the media is manipulating and over-inflating stock market drops and calling them "crashes" in order to to create the perception of a great depression [18] [19]

On October 24, many of the world's stock exchanges experienced the worst declines in their history, with drops of around 10% in most indices. [20] In the US, the Dow Jones industrial average fell 3.6%, not falling as much as other markets.[21] Instead, both the US Dollar and Japanese Yen soared against other major currencies, particularly the British Pound and Canadian Dollar, as world investors sought safe havens. Later that day, the deputy governor of the Bank of England, Charles Bean, suggested that "This is a once in a lifetime crisis, and possibly the largest financial crisis of its kind in human history."[22] Business Week has noted that comparisons to previous financial crises has no statistical basis, as the financial markets have been in much worse shape previously. [23]

Mathematical theory of stock market crashes

Main article: Modeling and analysis of financial markets
The mathematical characterisation of stock market movements has been a subject of intense interest. The conventional assumption that stock markets behave according to a random Gaussian or normal distribution is incorrect. Large movements in prices (i.e. crashes) are much more common than would be predicted in a normal distribution. Research at the Massachusetts Institute of Technology shows that there is evidence that the frequency of stock market crashes follow an inverse cubic power law.[24] This and other studies suggest that stock market crashes are a sign of self-organized criticality in financial markets. In 1963, Benoît Mandelbrot proposed that instead of following a strict random walk, stock price variations executed a Lévy flight.[25] A Lévy flight is a random walk which is occasionally disrupted by large movements. In 1995, Rosario Mantegna and Gene Stanley analyzed a million records of the S&P 500 market index, calculating the returns over a five year period.[26] Their conclusion was that stock market returns are more volatile than a Gaussian distribution but less volatile than a Lévy flight.

Researchers continue to study this theory, particularly using computer simulation of crowd behaviour, and the applicability of models to reproduce crash-like phenomena.



Source from Wiki Stock market crash History

Market Watch

Market Watch

Dow Jones industrial average gained 2% or 172 points while Standard & Poor's 500 index gained 1.3%. But NASDAQ composite lost 0.7%, recovering a little after touching a new bear-market low around 1,533 during the session. Crude oil is currently trading at $68 a barrel and Gold is at $715 an ounce. European stocks closed slightly lower in choppy trade on Thursday as losses in banks and automobiles eclipsed gains in oil and defensive shares. Across Europe, the FTSE 100 index was up 1.2 percent, Germany's DAX was down 1.1 percent and France's CAC 40 was 0.4 percent higher. Asian stocks fell for a third day after Sony Corp. slashed its earnings forecast and South Korea's economic growth weakened, deepening concern a global slowdown is hurting demand for the region's exports. Japan’s Nikkei 225 is sharply down by 4.89%, Hong Kong’s Hang Seng lost 3.23% and China’s SSE Composite is in the red by 1.23% in morning trade. Data about existing home sales will arrive from US today. Outcome of the OPEC meeting is also keenly awaited by the markets today.
Asian markets continue to be in the slump with major corporates like Toyoata, Sony and Samsung cut their earning foprecasts significantly. The cut in the profit guidance of big corporates is an indiacator of the recession threat. Eventhough there is the major event of RBI Credit policy today Indian markets are likely to follow the global cues and have an opening with downward gap. Any reduction in benchmark rates more than expectations might act boost the sentiments intraday. We can expect around 750 points intraday volatility today due to a series of events. Nifty will open with a sharp downward gap around the major support level of 2860 and market should hold near to this level at the beginning to avoid further downside. The Critical level for Nifty is 2915 above which the movement can be based on the announcements in RBI credit policy and if there is another Repo rate cut followed by an SLR cut, Nifty can even think of the level of 3020 above which the next target is 3120.
Market Watch Presented by JRG Market Watch

Nifty Technical Analysis 24th October 2008

Nifty Technical Analysis

Selling on higher levels to continue.

Watch out for 9574 in further panic.

Break below 9574 expect further panic towards 9000.


BSE index: (9772) Consider 9971 a nearest & 10261 a solid resistance, keep stop loss of 10261 to your sales.
Downward side break below 9681 expect it to fall down to 9574 initially which is a crucial support to watch out for.
Break below 9574 further huge panic will drag it down to 9441 & there after to 9323 & 9102.
Upward side crossover above 10261 it'll turn bit positive & surge up to 10448-10502 in a disguised manner. Consider 10502 a crucial trend decider.


Nifty Future: (2950) Consider 3000 a nearest & 3035 a solid resistance, keep stop loss of 3104 to your sales. Downward side it'll fall down further to 2892 & 2860-2830 initially. Consider 2860-2830 crucial support area from where bounce back not ruled out.
Break below 2830 it'll heavily fall down further to 2784.
Upward side crossover above 3104 it'll surge up correctively to 3194 which is a crucial trend decider.


SBI, BOB & BOI: Looks weak only. Selling on higher levels to continue.

RIL: (1216) Expect 1161 initially. Break below 1161 further fresh selling will underway.

BPCL: (301) Sell. Expect 251. Break below 251 further fresh selling will be seen.

BHARTI AIRTEL: (615) Break below 608 expect 569.


TISCO: (208) 190 a support to watch out for.

SAIL: (83) Break below 80 expect 72.

HDFC Bank: (1072) Selling on higher levels will be seen. Break below 1000 fresh selling will start.

KOTAK, AXIS & ICICI Bank: Looks weak.

PRAJ: Looks weak.


Nifty Technical Analysis by DHARMESH BHATT
Email: shivaam2003@yahoo.com
The only name in 100% pure technical analysis.

STOCK MARKET OUTLOOK

STOCK MARKET OUTLOOK

Global markets have gone into a tailspin with key indices tumbling like a pack of cards. Recession is the buzzword in market circles with all economic indicators pointing towards a sharp decline in growth. Even though there is a slump in commodity prices, it is not a big positive as the decline in prices is more an acknowledgment of harsh economic realities that led to a slowdown in demand. Inflation data that will be released today is likely to show a decline but global cues are so weak and this will cause Indian markets to open with a negative gap.

Today all focus is on Nifty as its going to break the 3000 mark first time after 25th of July, 2006.The global fall on signs of further slowdown after many companies reported bad earnings followed by the fear that some of the countries are going for big financial crisis may put downward pressure on our indices. The markets are expected to open with a sharp downward cut in the indices .The Critical support for Sensex may be around 9755 level and for Nifty it is 2970.The first support for Nifty is at 2930.The major support for Nifty is at 2860.

World Market Watch

The Dow Jones industrial average (INDU) lost 514 points, or 5.7% after having fallen as much as 698 points during the session. The Standard & Poor's 500 (SPX) index lost 6.1% and NASDAQ composite (COMP) lost 4.8% and closed at its lowest level since June 26, 2003. Crude oil is currently trading at $67.5 a barrel and Gold is at $725 an
ounce.
European shares slumped 5.4 percent, led by bank and energy stocks as investors added emerging markets ructions and waning commodity demand to their list of worries. Across Europe, Britain's FTSE and Germany's DAX lost 4.5 percent and France's CAC fell 5.1 percent.
Asian stocks slumped, as Japanese exports missed estimates and commodities prices tumbled, deepening concern the global economy is headed for a recession. Japan’s Nikkei 225 has slumped 5.52%, Hong Kong’s Hang Seng is down by 4.74% and China’s SSE Composite lost 2.79% in the morning trade.

Enter your message hereFurther initial huge panic will be seen.

Watch out for most crucial supports around 9843-9750 (SENSEX) & 2840 (NIFTY)on extreme lowe

BSE index: (10170) Consider 10251 a nearest & 10373 a solid resistance, keep stop loss of 10501 to your sales. Downward side it'll fall down further to 9941, 9843 & 9750 initially. Consider 9843-9750 crucial support area where one should book profit in shorts, from where bounce back not ruled out.
In worst scenario break below 9750 it'll heavily crash down to 9441.
Upward side crossover above 10501 it'll turn positive & surge up to 11055 which is a most crucial hurdle & trend decider.


Nifty Future: (3070) Consider 3123 a nearest & 3149 a crucial resistance, keep stop loss of 3195 to your sales. Downward side it'll fall down further to 3034, 2980 & 2892-2843-2830. Consider 2892-2830 crucial support area where one should book profit in all shorts, from where bounce back not ruled out.
Upward side crossover above 3195 huge short covering will take it up to 3287 & 3350.


STOCKS TO WATCH

SBI: (1392) Looks weak. Expect 1369 & 1333.

BOB: (283) Sell. Expect 275, 263 & 243.

BOI: (270) Sell. Expect 254 & 243

BHARTI AIRTEL: (668) Break below 655 expect huge huge panic. It's a red-hot sell.


RIL: (1316) Expect panic down to 1261 & 1223.

TISCO: (245) Panic to continue. Break below 238 expect 227, 211 & 190. Consider 190 a long term support.

NALCO & JINDAL STEEL: Looks weak.

GAIL, ONGC & BPCL: Looks very weak.

DHARMESH BHATT
The only name in 100% pure technical analysis.
Email: shivaam2003@yahoo.com

WORLD MARKET WATCH

WORLD MARKET WATCH
US stocks surged with Dow jumping back above the 9,000 level, as investors welcomed talk of a second economic stimulus plan and an improvement in key lending rates. The Dow Jones industrial average (INDU) added 413 points which translated into a 4.7% gain. Standard & Poor's 500 (SPX) index gained 4.8% and the NASDAQ composite (COMP) added 3.4%. Crude oil is currently trading at $75 a barrel and Gold is at $802.5 an ounce. European stocks rose for a second session as oil shares surged, while banks gained on signs of thawing in inter-bank lending and the possibility of a second U.S. stimulus package. Britain's FTSE 100 index rose 5.4 percent, Germany's DAX rose 1.1 percent and France's CAC added 3.6 percent. Asian stocks climbed, led by producers of consumer goods and commodities, on optimism the U.S. and Japan will expand efforts to stimulate the economy. Japan’s Nikkei 225 gained 2.59%, Hong Kong’s Hang Seng rose 0.55% and China’s SSE Composite is marginally in the green. Treasury Secretary Henry Paulson is Expected to deliver a speech on the state of US economy today. The speech might give indications of the contours of a second stimulus package.

MARKET TODAY

Today market is expected to open in a narrow positive gap and move in a zig zag manner. For Sensex the Critical level is 10265 where as for Nifty 3135 and market has to sustain above this to avoid further selling pressure. The first resistance for the day is at 10415.However on upside the strong Resistance is there at 12575.Below the Critical level again weakness can expect which may move market towards the downside supports at 10190 and 10050.

NSE / BSE Today 21st October 2008.

NSE / BSE Today 21st October 2008.

10538 & 3276 crucial resistances to watch out for.

Break below 10006 & 3050 fresh selling will underway.

9843 a crucial support to watch out in further panic.



BSE index: (10223) Consider 10289 a nearest & 10376 a solid resistance, keep stop loss of 10538 to your sales.
Downward side watch out for nearest support at 10006 break below it'll fall down to 9843 which is a most crucial support.
Break below 9843 fresh selling will underway & it'll fall down heavily to 9705, 9508 & 9191.
Upward side crossover above 10538 it'll turn bit positive & surge up correctively to 10857 & 11053 which is a most crucial resistance & trend decider.


Nifty Future: (3150) Consider 3187 a nearest & 3211 a crucial resistance, keep stop loss of 3276 to your sales.
Downward side 3050 a crucial support break below which fresh selling will underway & it'll fall down to 2937 & 2858-2843.
Upward side crossover above 3276 it'll turn positive & surge up to 3405, 3442 & 3473.


STOCKS TO WATCH TODAY

DLF: (273) Looks weak. Selling on higher levels will be seen.

RIL: (1322) 1390 & 1281 crucial trend deciders.

REL CAP: (658) 675 a crucial hurdle to watch out for.

RCOM: (232) Crossover above 254 heavy short covering will be seen.


REL INFRA: (482) 522 & 539 hurdles to watch out for.

BHEL: (1096) 1081 a crucial support & trend decider for the day.

HDFC Bank: (1085) 1113 & 1130 crucial hurdles to watch out for.

Stock Recommandation for this Week

RIL: (1305) Expect further panic down to 1241, 1189 & 1153-1103.

REL PET: (103) 92 a crucial support to watch out for in panic.

REL CAP: (603) Expect 540-515-484 initially. Consider 515-484 crucial supports.

RCOM: (234) 214 & 204-197 crucial supports to watch out for in panic. Bounce back from lower levels not ruled out.


REL INFRA: (490) Watch out for 453 & 426-419 in panic.

ADLABS: (200) 188, 175 & 165 supports to watch out for in panic.

SBI: (1414) Expect 1334 & there after to 1281 & 1194.

HDFC Bank: (1024) Looks weak, expect 989 initially & there after real further panic not ruled out.

ICICI Bank: (392) Break below 375 expect 340 which is a crucial support.

NTPC: (150) Looks weak.

BHEL: (1195) Break below 1150 it'll fall down to 1092; cover your shorts around 1092.

L&T: (799) 764, 741 & 702 supports to watch out for in further panic.

TISCO: (248) Expect 230, 217 & 197 in panic.

JSWSL: (248) Break below 240 further fall will be seen.

DLF: (291) Break below 279 real panic will start.

Nifty Sensex This Week

The week that went by
The Sell-off is continuing. The stock market indices across the globe fell drastically in the week went by. The economic turmoil is spreading to
Europe and economy of Iceland reported to be the first causality. The meeting of the Financial Chiefs ohttp://www.blogger.com/img/gl.bold.giff the G-7 nations decided to take every
steps to overcome this situation.
The steps taken by the Central Banks across the globe to flood the financial markets with liquidity has failed again. The RBI cut the CRR by a
huge 150 basis points in 2 stages during the last week to 7.5% from 9%; however, this also failed to lift the sentiments. NSE Nifty lost 538
points (14%) from the previous week’s closing and settled at 3279.95; Sensex closed at 10527.85, losing 1999 points (16%).

Technical Outlook :
The market has reached the first Technical Target of 3400-3200 levels from the Correction which started from the all-time high of 6357. Now,
some recovery can be expected from these levels in the coming days.
The Stochastic Oscillators is indicating a positive divergence, even though the direction is not confirmed yet.
At current levels, 3200 can be regarded as the Critical Support level for the NSE Nifty. If sustains above this some recovery can be
expected in the market, which can extend towards the first resistance of 3600, followed by 3750.
A failure to sustain above 3200, however, will possibly target the index towards 3000 levels and further towards 2750 levels in the
immediate future.
For BSE Sensex 10250 range is a strong support zone. If fails to sustain above this, the index will target the downside support zone of 9500.
The downside support for the coming week is expected to be 8900. The upside resistance will be 11695, followed by 12500.

FEDAI – NSE WORKSHOP ON CURRENCY FUTURES

National Stock Exchange Released a press Note as follows :


FEDAI – NSE WORKSHOP ON CURRENCY FUTURES

OCTOBER 21, 2008
Venue :
National Stock Exchange,
NSE Auditorium,
Exchange Plaza,
Bandra Kurla
Complex, Bandra (East),
Mumbai : 400 051.

Currency Futures trading was inaugurated at the National Stock Exchange, by the Hon. Finance Minister, Shri P. Chidambaram on August 29, 2008.

Since then the markets have shown significant activity. A diverse range of users, such as Banks, importers, exporters, broker-dealers, corporates, retail investors now have access to the Currency Futures market and can effectively use the trading platform for hedging, arbitrage, taking an exposure towards the currency movement etc. While the product is new, we are still witnessing an active interest from market participants. With more education and awareness about the product, the depth of the Currency Futures Market would only grow in future.

NSE is please to organize a workshop on Currency Futures jointly with FEDAI :

Venue : National Stock Exchange,
NSE Auditorium, Exchange Plaza, Bandra Kurla
Complex, Bandra (East), Mumbai : 400 051.
Date : October 21, 2008 (Tuesday)
Time : 4:30 pm to 7:30
Entry to the workshop is Free, but on a first come first serve basis as seats are limited.
Those interested to attend the workshop may kindly send a mail to : pbanerjee@nse.co.in
for registering themselves. The mail should contain their :
1) Name
2) Full Address, Telephone No., Mobile no.
3) E-mail Id.
Based on the availability of seats, a return mail would be sent to participants registering for the
seminar confirming their registration. Participants are requested to take a print out of the mail and
bring it with them for the workshop.
So please register early. Seats are limited.
--------------
For more details log on to National Stock Exchange Official Website http://www.nseindia.com for CURRENCY FUTURE

global markets 17th Oct. 2008

global markets 17th Oct. 2008
Wall Street rallied finding momentum toward the end of a volatile session, as the lowest oil prices in more than a year gave investors a reason to scoop up shares battered in the recent market selloff.The Dow Jones industrial average (INDU) surged 401 points. The Standard & Poor's 500 (SPX) index rose 4.3% and the Nasdaq composite (COMP) gained 5.5%. Crude oil is at $72 a barrel and Gold is at $804 an ounce. European stocks ended steeply lower with banks leading the decline as global equities slid on investors' fears of a global recession, and oil shares tracked tumbling crude. Across Europe, Britain's FTSE 100 dropped 5.7 percent, Germany's DAX lost 4.9 percent and France's CAC shed 5.9 percent. Asian stocks rose on signs governments are succeeding in efforts to unlock credit markets. Japan’s Nikkei 225 is up by 1.5% and China’s SSE Composite is in the green by 0.1% but Hong Kong’s Hang Seng is in the red by 0.83%. Data about housing permits is expected from US today.

MARKET OUTLOOK
Stock markets have staged a strong comeback on lower crude oil prices and cooling inflation across the globe which will boost the purchasing power of consumers. Asian markets have rose on easing rates in money markets which has led to the expectation that the credit markets are on their way back to normalcy. The same is true of India as Call rates in India have fallen to 6.75% from a peak of nearly 23% last week. This is after RBI's injection of Rs.1,45,000 crore into the system through various measures. Inflation, another achilles heel of Indian economy is at 11.44% and this is the third consecutive weekly decline. All these should cause positive gap up opening in India. When global news flow subsides there will be more focus on domestic news and we are going to watch new political dramas from here onwards. For Sensex, Critical level is 10645 and above this the Resistance comes around at 10840.Only above this level market may show strength. Nifty has to cross 3335 for the momentum. Below 3195 the Nifty trend may reverse.

Nifty & Sensex Today 17th October 2008.

17th October 2008.

Watch out for crucial hurdles at 11055 & 3441-3473 in further up surges.

Total stock specific approach advisable.

BSE index: (10581) Consider 10402 a crucial support, keep stop loss of 10290 to your buys.
Upward side crossover above 10788 it'll surge up further to 11055 which is a most crucial resistance where again selling pressure will be seen. Crossover above 11055 it'll surge up further to 11263-11287 & 11525, selling again on higher levels will be seen.
Downward side break below 10290 fresh selling will drag it down to 11150 & 10006.
Break below 10006 sudden panic will drag it down to 9800-9700.
Nifty Future: (3300) Consider 3230 a crucial support, keep stop loss of 3180 to your buys.
Upward side 3368 a crucial hurdle crossover above it'll surge up to 3442 & 3473. Consider 3442-3473 solid resistance area from where again selling pressure will be seen.
Crossover above 3473 it'll surge up further to 3518-3532 & 3615; selling on higher levels will be seen.
Downward side break below 3180 it'll turn very weak again & fall down to 3133 & 3059.
Break below 3059 some heavy panic will be seen.

Nifty Sensex Week Ahead

Week Ahead :
With the US, followed by the European economies, slipping into the recession fears, the global financial are expected to experience the heat in
the coming week also. The domestic inflation data which came at 11.99%, after sustaining above the 12% mark for a series of 3 consecutive
months, will possibly will be overlooked by the market.
The markets are expected to open the week in a negative note. However, slight recovery may be expected towards the later half of the coming
week.

The week that went by

The week that went by
The most remarkable event which the Indian markets witnessed during the week that went by was the US’ sanctioning the Indo-US nuke deal.
However, this was not sufficient enough to overcome bearish sentiment caused by the global economic turmoil. NSE Nifty shed 167 points
(4%) and closed at 3818. BSE Sensex closed at 12526, losing 576 points or 4.4% from the previous week’s closing.
The global markets remained jittery following the uncertainties on the US government’s $700 Billion bailout plan to rescue the suffering
financial system. apart from this, the US government announced an additional package of Tax cut and raised the insurance coverage on
deposits. The US treasury will buy the illiquid assets held by the financial institutions. However, despite of sanctioning the bailout plan and the
other policy changes, the US markets and the other global markets continued the weakness, on fears that the $700 billion is not sufficient
enough to avoid a recession. The economic numbers released are still coming worse, which are indicating towards a possible recession.
Technical Outlook :
Bearishness is persisting in the market. The NSE Nifty and BSE Sensex failed to sustain above higher levels. During the last week, the indices
revised the 52 weeks low. Nifty recorded an intra-day low of 3715 and Sensex fell to 12153, before recovering slightly.
The weakness is expected to continue in the coming week also.
The Technical indicators are trading negative. MACD is still indicating continuance of weakness, while RSI is moving towards the oversold
zone. The bullish crossing of the Stochastic Oscillators in the daily chart, can be an indication for a possible pullback in the near future, But the
fact that in the Monthly chart, this indicator has again turned into Selling mode, after a bullish crossing, is adding to the concerns for Bulls.
At current levels, 3675 is the first crucial support for NSE Nifty. A failure to sustain above this can target the index towards 3400
levels in the coming weeks, with major support at 3515. The first resistance for the coming week is expected to come at 3930. The
index will find it very difficult to cross the Second resistance of 4080.

Weekly Trading Highlights.

SENSEX & NIFTY now at their long term major supports.

Be extreme cautious in any fresh shorts in panic.

BSE index: (13102) Consider for this week...13020 a nearest support break below which it'll fall down further to 12945, 12866 & 12767 initially which are crucial supports. Break below 12767 sudden panic will drag it down to 12563 which is a most crucial support; buy on declines keeping stop loss of 12425.
Upward side 13390 a crucial resistance closing above which it'll turn bit positive & surge up to 13854. A close above 13854 it'll strengthen further & move up to 14221. A close above 14221 it'll turn total positive & spurt up to 15250.
Downward side a close below 12425 it'll turn very weak & fall down to 11900 & 11450. Consider 11900 to 11450 major long term supports in any panic.
* For investors buying at around 12500-12000 keeping stop loss of 11450 seems best risk reward ratio.

Nifty: (3985) Consider for this week...Expect it to fall down further to 3947, 3919 & 3866. Buy on declines keeping stop loss of 3799.
Upward side 4052 a nearest crucial resistance closing above which it'll turn bit positive & spurt up to 4199 initially. A close above 4199 it'll strengthen further & move up to 4303-4329.
A close above 4329 it'll turn total positive & shoot up to 4614 in coming days.
Downward side break below 3799 it'll turn very weak & fall down further to 3753 & 3702 initially.
A close below 3702 it'll crash down to 3477.

STOCKS TO WATCH

RELIANCE: (1961) 1945 & 1877 crucial support & trend decider. 2073 7 2127 crucial resistance & trend decider.

REL CAP: (1172) 1146-1135 & 1084 crucial supports to watch out for in further panic.

REL INFRA: (850) 820 & 802 crucial support & trend decider.

SBI: (1434) Looks weak. Break below 1422 expect further fall. 1350-1322 crucial support area to watch out for on extreme lower levels.

BOI, PNB & BOB: Looks weak.

ICICI Bank: (561) Looks bit weak. 518 a crucial support & trend decider.

AXIS Bank: (705) 702 & 725 crucial trend deciders.

KOTAK Bank: (569) Looks weak. Watch out for crucial support at 520-510 on extreme lower levels.

DLF: (370) Break below 365 expect 345 which is a major support to watch out for in extreme panic.

L&T: (2468) 2455 & 2402 crucial supports to watch out for in panic.

Email: shivaam2003@yahoo.com

NSE STOCK WATCH

SBI: (1503) Looks very weak, sell. Expect 1475-1463 & 1434. Consider 1434 a most crucial support & trend decider.

JSWSL & TISCO: Looks very weak, sell.

RIL: (2010) Break below 2000 expect heavy selling. 1950-1940 support area to watch out for.

REL CAP: (1215) 1187 a nearest crucial support to watch out for.

KOTAK Bank: (594) 578 & 555 crucial support & trend decider. Buy in panic.

L&T: (2530) 2504 & 2439 crucial support & trend decider.

LITL & NCC: Looks weak.

DLF: (395) 389 a nearest support & trend decider.

MARUTI: (701) Break below 694 expect 681. Selling on higher levels will be seen.

SATYAM & INFOSYS: 318 & 1457 supports to watch out for in further panic.

Weekly Trading Highlights. 22nd sep. 2008.

The week that went by
Global markets witnessed one of the most volatile trades in the week that went by - a heavy fall and a tremendous pull back rally.
The global stock indices plunked heavily on the back of the failure news from the US financial giant Lehman Brothers, and further from AIG
Inc., and then Merrill Lynch which was later bought by Bank of America. AIG had to seek refuge with the government to avoid a collapse.
Later the markets recovered as a result of the decision announced by the major central banks to pump liquidity heavily into the banking
systems to overcome the turmoil. Apart from this, the short covering, as a result of the temporary ban imposed by US and UK, added to the
surge in the European and US markets. US’ Securities Exchange Commission banned short selling in 799 financial stocks; while UK.’s
Financial Service Authority also banned the short-selling in Financial company shares.
Almost all the stock exchanges through out the world rallied tremendously, recovering about 7-9% from the week’s low. Russia led the rally with
a 22% jump from the week’s low.
NSE Nifty, after opening at 4231, crashed to 3799 in the first 4 days of the week’s trading. The recovery emerged from there and the index
closed at 4245, making a weekly gain of 14 points. BSE Sensex opened at 13663, and fell to 12558, falling nearly 1100 points; later recovered the
loss and closed at 14042.
Technical Outlook :
The Indian markets have bounced back remarkable from the week’s lows.
Momentum indicators are indicating some more upside. Stochastic Oscillators is showing the upside to continue a little further. RSI is trading
above the 50 points mark.
At current levels 4380 is expected to act as the Critical level for the NSE Nifty. A trade above this can find resistance at 4490. The major support
for the week can be expected to come at 4175, followed by 3975.
Market is expected to open with a positive bias and can show some more upside in the first trading sessions of the coming week. later, selling
pressure is expected to emerge from higher levels.
Week Ahead :
The global market sentiments are going to guide the market in the week ahead. After the initial reaction the rising Crude Oil price and the Indo-
US nuclear deal come back to the scenario.
The lack of substantiative open interest build up in the Nifty futures, despite of such a tremendous rally is indicative that the upside is more
contributed by short-covering, rather than fresh positions buildups. The fact that the global market rally, especially those in US and UK, who
led the pack, are due to the short-covering is also adding to the cause of concern.
The chances for the index to sustain at higher levels is doubtful, at this point of time.

STOCK Market Time Change Due to Sun outage

NATIONAL STOCK EXCHANGE INFORMED ABOUT MARKET TIME CHANGE DUE TO SUN OUTAGE From September 24, 2008 to October 8, 2008 between 1125 hrs and 1205 hrs. The Detailed circular as follows from Nse official website.


NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSE)

CURRENCY DERIVATIVES SEGMENT

CIRCULAR





Circular No.NSE/CD/008/2008 September 2, 2008

Download No: NSE/CD/11229



Dear Members,



Change in market timing & September 2008 contract expiry time due to Sun Outage



Indian Space Research Organization (ISRO), has informed the Exchange that there will be SUN OUTAGE from September 24, 2008 to October 8, 2008 between 1125 hrs and 1205 hrs. Some members may face loss of connectivity during this period, due to Sun outage. Accordingly the market timings of the Currency Derivatives segment are being modified as follows:



Normal Market / Exercise Market Open time : 0900 hrs.

Normal Market close time due to sun outage : 1125 hrs to 1205 hrs.

Pre Open time after sun outage : 1205 hrs to 1210 hrs

Normal Market re-open time after sun outage: 1210 hrs.

Normal Market close time : 1700 hrs.

Position Limit/Collateral value Set up cut off time : till 1730 hrs.

Trade modification end time : till 1730 hrs.





Members are informed that during the above period viz. 1125 hrs to 1205 hrs:

Trading shall remain suspended.
The facilities of Position Limits / Collateral Value set up and Trade Modification may not be available.
Members are advised to remain logged on and NOT logoff from the Trader Work Station during this period.


Members are advised to note that during pre-open phase, they will not be permitted to place any new orders or modify existing orders. However, they will be allowed to cancel any of the existing orders.



In view of the above, the USDINR futures contract expiring on September 25, 2008 shall expire at 1120 hrs instead of 1200 hrs on September 25, 2008.

Consequently, the new contract USDINR futures expiring on September 28, 2009 shall be made available for trading from 1210 hrs on September 25, 2008.



The change in market timings shall be effective from September 24, 2008 to October 8, 2008.



For any clarifications, members are advised to contact the following officials:

Mr Altaf Shaikh, Mr Vikramaditya and Mr Arvind Goyal at 26598131 and 26598164





For and on behalf of

National Stock Exchange of India Limited



Suprabhat Lala

Asst. Vice President

NSE | BSE | Market This Week |

Market Outlook:The week that went by
The falling Crude oil price was the main attraction for the first half of the week’s trade. On the back of this, Nifty rallied to 4522, after opening
at 4356. However, due to the negative global market situation and the political tensions on the Nuke deal, the selling pressure started in the
second half of the week. The slightly calming inflation figures, which came at 12.34%, failed to make a positive impact in the market. Sensex
opened at 14412, made a high of 15106, and later made an almost flat closing at 14483. Nifty also closed almost flat at 4352.

Technical Outlook :
After a positive start, the market went into a selling mode. The Indices closed almost flat during the week’s trade.
For NSE Nifty, the technical indicators are pointing towards some more downside in the coming week. RSI have moved below the 50 points
mark in the daily chart. Stochastic Oscillators have entered the overbought zone.
At current levels 4280 is expected to act as the critical support level. A fall below this is expected to take the index towards the downside
support of 4070. The first resistance for the week will be 4425; Further, any upside is not expected to extend above 4495.
The Elliott wave analysis of the index is also indicating further downside in the coming days.

Week Ahead :
The outcome of the Nuclear Suppliers Group (NSG) is expected to affect the initial trading session of the coming week. Another thing that the market will be looking forward will be the OPEC meeting , which is scheduled to the next Tuesday (September 9th). The negative figures from the US jobs data also will weigh the market.

08 September 2008, Monday | Daily Market Analysis

SENSEX (Close- 14483.83)

Sensex has seen weakness on last trading day and closed below 14500 marks. Technically Sensex has major support at 14000 marks. This sell off was much inspired by global weakness. We cannot ignore the fact that market is in over sold zone. I like to say that a lot has chenged for stock market on this weekend and good reaction is expected. Technical signal is still favouring for the target above 15000 marks for Sensex. Caution required in metal stocks. We can expect firm trade in banking and technology pack. Over all short trades should be avoided still you may get stock specific short trade opportunity.

Support - 14430/14200/14000

Resistance - 15000/15165/15320

NIFTY (Close- 4352.30)

Nifty has technical trading support at 4300 marks and has good support at 4250 zone. Technically one can expect a move above 4400 marks. One can prefer long in any lower levels.

Support - 4320/4278/4250
Resistance - 4384/4421/4450

4th Sep. 2008 Stock Market Today

Up move to continue. Buy on every decline.

For today watch out for hurdles at 15255 & 4568.

BSE index: (14050) Consider 14824 a nearest & 14672 a solid support, keep stop loss of 14672 to your buys.
Upward side it'll rush up further to 15143 & 15255 initially. Watch out for 15255 as it's a crucial hurdle.
Crossover above 15255 it'll spurt up heavily to 15343 & there after to 15520 which is a last crucial resistance.


Nifty: (4504) Consider 4467 a solid support. Upward side it'll spurt up further to 4568 which is a crucial hurdle to watch out for where some profit booking not ruled out.
Crossover above 4568 it'll spurt up further to 4596 & 4641 which is a last crucial resistance.
Downward side break below 4467 it'll fall down correctively to 4432 & 4408. Buy or remain long keeping stop loss of 4400.

Nifty SEP FUT: (4516) Expect it to rush up further to 4548-4563 & 4582 which is a solid resistance area where profit booking not ruled out.
Crossover above 4582 it'll spurt up further to 4658 & 4698.
Downward side 4486 a nearest & 4447 solid support. Break below 4447 it'll fall down correctively to 4410. Buy on every decline keeping stop loss of 4380.

STOCKS TO WATCH

ICICI Bank: (713) Looks good only. Now watch out for hurdle at 733.

AXIS Bank: (760) Looks good only. Watch out for hurdle at 777.

KOTAK Bank: (650) Looks good. Buy. Crossover above 683 expect 720.

SBI: (1521) 1546 a hurdle & trend decider for the day.


BHEL: (1785) Crossover above 1823 expect 1900.

REL INFRA & RCOM: Looks good, buy on declines.

PATEL ENGG: (422) Buy.

L&T: (2680) Buy.

STRIDES ARCO: (203) Buy.

JP ASSO: (173) Crossover above 175 expect 184.

BOI: (285) Book profit on higher levels.

-DHARMESH BHATT
The only name in 100% pure technical analysis.
Email: shivaam2003@yahoo.com

Stock Tips Today

BHEL: (1722) Buy. Crossover above 1740 huge up move will start.

SBI: (1416) Expect 1449 & 1472. Book profit on higher levels.

BOI: (272) Looks good only.

ICICI Bank, KOTAK & AXIS Bank: 650, 583 & 698 solid supports now. Buy or remain long.


PUNJ LLOYD: (311) Looks good only. Remain long. Expect 332.

JP ASSO: (162.50) Looks good.

STRIDES ARCO: (198) Buy. Crossover above 206 huge buying will be seen.

Nifty / Sensex technical analysis

Crossover above 14587 & 4369 heavy fresh buying will underway.

Crossover above 4400 NIFTY FUT will shoot up to 4460, 4515 & 4557.

14281 & 4281 solid supports...Buy on every decline.

Banking, select metal, select real estates look extremely hot.

BSE index: (14499) Buy or remain long considering 14414 a solid support keeping stop loss of 14281.

Upward side crossover above 14587 it'll spurt up very heavily to 14694-14712 & there after to 14814 & 14908.


Nifty: (4348) Buy or remain long considering 4323 a solid support keeping stop loss of 4281.
Upward side crossover above 4369 it'll shoot up to 4408-4417 & there after to 4449 & 4471.

Nifty SEP FUT: (4360) Buy or remain long considering 4321 a solid support keeping stop loss of 4275.
Upward side crossover above 4380 it'll shoot up to 4400 & there after to 4424, 4460 & 4516, 4557.

Stock Tips this week 1st Sep. 2008

Stock Tips this week 1st Sep. 2008

Stocks to Watch

AXIS Bank: (723) Buy on declines. 695 & 683 solid supports.

KOTAK Bank: (605) Buy on declines. 583 & 573 solid supports.

ICICI Bank: (672) Buy on declines. 666 & 646 solid supports.

BOI: (267) Buy on declines.

SBI: (1403) 1422 a hurdles to watch out for.

REL CAP: (1374) 1389 & 1460 crucial resistance & trend decider.


RELIANCE: (2137) Looks still weak. 2145 & 2191 solid resistances. 2007 a crucial support to watch out for in panic.

PUNJ LLOYD: (302) Buy on declines. Crossover above 306 huge up move will be seen.

Weekly Trading Highlights. 1st sep. 2008.

The week that went by
Sensex rose 163.04 points or 1.13% to 14,564.53 in the week ended Friday, 29 August 2008. The S&P CNX Nifty gained 32.55 points or 0.75%
at 4,360 in the week. Foreign institutional investors (FIIs) sold shares worth Rs 1,211.70 crore in August 2008 (till 28 August 2008). FIIs sold
shares worth Rs 28,513.60 crore in the calendar year 2008. Mutual funds sold shares worth Rs 700.40 crore in August 2008 (till 27 August
2008). The gross domestic product (GDP) grew 7.9% in the June 2008 quarter from a year earlier, easing from the previous quarter's 8.8% rise
as industrial activity slowed due to monetary tightening. The GDP growth in the first quarter of the current fiscal year was lower than market
expectations of a rise of a little above 8%. The government released the GDP data during trading hours on Friday, 29 August 2008.


Technical Outlook :NSE Nifty (Last Closing: 4360.00)
Last week was a highly volatile trading week. After a positive opening, Nifty and Sensex witnessed a huge sell off, before recovering a portion
of the loss during the last trading day. Market is expected to remain volatile in the coming week also.
Technical Indicators like Stochastic Oscillators are indicating slight recovery from these levels. However, MACD is still in the selling mode. RSI
has closed above 50 points mark.
Market is expected to continue the recovery in the opening half of the coming week. Selling is expected to emerge from the higher levels.
For NSE Nifty, 4400 is likely to act as the critical resistance level for the coming days. A close above this is not expected at this point of time.
However, a close above this will find next resistance at 4480.
4300 will be the Critical level for the coming week. If falls and sustains below this, 4195 will be the downside support, followed by 4050.

Week Ahead :
The market may extend Friday’s (29 August 2008) strong gains triggered by softening inflation. Inflation has been a major cause of worry for
the domestic markets since the past few months. Market will also take cues from another meeting of Nuclear Suppliers group in Vienna that
begins on 4 September 2008. Market will closely watch developments on the Indo-US nuclear deal. As per reports, Japan plans to support a
civil nuclear accord between the US and India. Japan will back the deal, at a two-day session of the Nuclear Suppliers group (NSG) in Vienna
that begins on 4 September 2008. US plans to sell nuclear power plant technologies and fuel to India under a bilateral nuclear cooperation
agreement. All 45 members of the Nuclear Suppliers Group including Japan must approve the nuclear accord, which the US Congress must
also pass for the deal to come through.

_Report from JRG SECURITIES Official Website

Stocks to Watch

Stocks to Watch
REL CAP: (1260) 1225 & 1189 crucial supports to watch out for in panic. Break below 1189 huge panic will be seen.

RNRL: (94) Looks weak. Break below 92.40 huge selling will underway.


RCOM: (409) 394 a crucial support & trend decider.

SBI: (1357) Looks weak. 1310 a crucial support to watch out for panic. Break below 1310 expect 1216 in hours.

HDFC Bank: (1208) Break below 1197 expect 1177 & 1161.

AXIS Bank: (685) Expect it to fall down to 671, 663 & 644. 644 a solid support to watch out for.

HDFC: (2364) Keep stop loss of 2392 & go short.

JP ASSO: (160) Sell. Now break below 155 huge selling will be seen.

DLF: (495) Break below 489 selling will underway. 472 a crucial support to watch out for.

TISCO: (585) Sell. Break below 577 huge panic will start.

GREAT OFFSHORE & AKRUTI: In panic Buy!!! Buy!!!

26th August 2008 Market Today

BSE index: (14401) 14404 a nearest support break below which it'll fall down further to 14282-14257 & 14160, 14137 & 14096 initially. Consider 14096 a most crucial support where heavy buying support not ruled out.
Break below 14096 only it'll turn total weak & crash down to 14001, 13912 & 13760.
Upward side 14592 a nearest & 14673 a solid resistance, keep stop loss of 14746 to your sales.


Nifty: (4327) Consider 4374 a solid resistance, keep stop loss of 4395 to your sales.
Downward side 4323 a nearest support break below which it'll fall down further to 4285 & 4259-4252. Consider 4259 to 4252 solid support area where heavy buying support not ruled out.
Break below 4252 only it'll turn total weak & crash down to 4217, 4203 & 4162.
Upward side crossover above 4395 it'll turn positive & surge up to 4426, 4437 & 4463. Crossover above 4463 it'll surge up further to 4505 & 4548. Sell on higher levels keeping stop loss of 4548.

Weekly Report August 25

Stock Market Outlook:
Weak global cues due to the credit market turmoil and financial crisis has created a lot of pressure in our markets. Interest rate sensitive sectors like banking, real estate and automobile witnessed intense selling pressure. A bounce back in crude oil prices also kept investors on the edge. The barometer index BSE Sensex declined 322.69 points or 2.19% to 14,401.49 in the week ended Friday, 22 August 2008. The S&P CNX Nifty lost 103.25 points or 2.33% at 4327.45 in the week. Foreign institutional investors (FIIs) sold shares worth Rs 1109.50 crore in August 2008 (till 21 August 2008). FIIs sold shares worth Rs 28,411.50 crore in the calendar year 2008. Mutual funds sold shares worth Rs 983.50 crore in August 2008 (till 21 August 2008).

Technical Outlook :
NSE Nifty (Last Closing: 4327.45)
As we have mentioned, the Indian markets have entered the selling mode after testing the target resistance level of 4640. Further downside is
expected to emerge in the market during the coming months.
The MACD has registered a negative crossing and RSI has fallen below 50 points mark - both indicating a short-term downside in the index.
The Elliott wave analysis of the NSE Nifty is indicating that the index has entered the 3rd wave of the 5-wave correction.
The recovery which the market witnessed in the closing day of last week will find resistance at 4365, followed by 4400. The Nifty is
expected to emerge into the next selling mode, before crossing 4435 level. On downside, 4240 will act as the first support for the
index. followed by 4140 and 4070.


Stock Market Week Ahead :
With no major key events scheduled in the forthcoming week, the market will closely watch global stock market cues. But it may turn volatile on
account of expiry of August 2008 derivatives contracts on Thursday, 28 August 2008. Market will closely watch developments on the Indo-US
nuclear deal. A two-day meeting of the 45 countries of the Nuclear Suppliers Group (NSG) began in Vienna on Thursday, 21 August 2008. A
green signal by the NSG is required for the deal to proceed to the US Congress for final ratification. As per reports, nuclear supplier nations at a
meeting on Thursday, 21 August 2008, proposed conditions for lifting a global ban on fuel and technology exports to India, a step required to
implement a US-India nuclear cooperation deal. A further rise in crude oil prices may act as a dampener for the stock markets

SEBI approves currency trading in NSE

SEBI approves currency trading in NSE

MUMBAI: India's first exchange for trading in foreign currency derivatives is likely to go live on the NSE's platform. NSE, the country’s largest stock exchange by volumes, on Tuesday got an in-principle approval from the Securities and Exchange Board of India (SEBI) to start an exchange to trade foreign currency derivatives, sources said.

According to plans, NSE will have a separate segment on its existing stock and derivatives bourse to trade in forex derivatives. It would also use its clearing corporation to settle the trades on the new segment.

“It’s not only the NSE brokers, most of the large and medium sized banks have been very supportive in NSE’s endeavour to start a currency exchange,’’ a source said. “They will get another asset class to invest in,’’ the source added.

22nd August 2008. Market Today

US markets exhibited a mixed trend with Dow Jones industrial average adding 0.11% and the broader Standard & Poor's 500 (SPX) index rising around 0.2%. The NASDAQ composite (COMP) declined 0.4%. The nearly $6 spike in crude oil prices impacted the markets negatively. Crude oil is currently trading at $121 a barrel and Gold is at $839 an ounce. European shares fell on persistent financial sector worries and a rising oil price, which reignited inflation fears. Britain's commodity-heavy FTSE 100 ended flat, while Germany's DAX lost 1.3 percent and France's CAC fell 1.4 percent. Rising commodity prices have buoyed the commodity dependent economies of Brazil and Argentina. Brazil’s Bovespa gained 1.01%, Argentina’s Merval rose 0.34% and Mexico’s Bolsa lost 1.23%. Sharp spikes on oil prices have negatively impacted the Asian markets since they import most of their energy needs. Japan’s Nikkei 225 lost 0.67% and China’s SSE Composite has lost 2.61%. Among the closely watched events in US is Fed Chairman Ben Bernanke’s speech on the economy.


The Asian markets are showing yet another gloomy picture in the morning today as many commodities are headed for their biggest weekly gain in 33 years. The expectation of strong demand again from China as the Olympics is coming to an end is bringing strength to commodity prices. Back home, we are going to address the fear of rate hikes again after a 12.63% reported inflation. The $6 rise in Crude prices will also put pressure on the economy. We cannot expect an easy walk over in nuclear deal, as some opposition is there from few of the member countries in NSG. Sensex is expected to open around 14140 level, which may act as a Crucial trend decider for today. A fall below this level may find support at 13990.But any intraday movement may face resistance at 14350 level above which we can expect short covering.

22nd August 2008. NSE / BSE Technical Analysis

22nd August 2008. NSE / BSE Technical Analysis

Further panic will be seen.

Expect 14086 & there after to 13912 & 13727.

Expect NIFTY fut. to fall down to 4252 & there after to 4203 & 4162.


BSE index: (14244) Consider 14316 & 14369 nearest & 14557 a solid resistance, selling on higher levels will be seen keep stop loss of 14584 to your sales.
Downward side it'll fall down to 14086 initially which is a crucial support to watch out for.
Break below 14086 further heavy selling will be seen & it'll fall down further to 13973 & 13912.
In very worst scenario break below 13912 it'll heavily fall down to 13727 & 13630. Cut shorts around 13727 & buy fresh keeping stop loss of 13630.


Nifty Future: (4280) Expect it to fall down further to 4264 & 4252 initially. Consider 4252 a crucial support.
Break below 4252 heavy fresh selling will drag it down further to 4162 & 4124. Cut shorts around 4162 & buy fresh keeping stop loss of 4124.
Upward side 4313 & 4331 nearest & 4393 a solid resistance, sell on higher levels keeping stop loss of 4426.

21st August 2008 Stock Tips

NAGAFERT: (42.75) Buy. Crossover above 45 huge up move will start.

SBI: (1445) 1478 & 1417 crucial trend deciders.

AXIS Bank: (674) Selling on higher levels will be seen.

ICICI Bank: (678) 690 & 650 crucial trend deciders for the day.

ONGC: (1036) Looks very weak. Sell.

RNRL: (99) 103.25 a solid resistance.

21st August 2008 F&O Watch

ABG SHIPYARD: (395) Buy short to medium term delivery considering 362 a solid support keeping stop loss of 325.

All set to flare up to 543 & 630 in short to medium term.

KSOIL: (68.75) Buy very short term delivery keeping stop loss of 63.

All set to shoot up to 98-101 in hours only.

21st August 2008 Market Today

Sideways moves to continue in frontlines.

Stock specific approach advisable.

New FO entrants look hot.


BSE index: (14678) Consider 14665 a nearest & 14584 a crucial support; keep stop loss of 14557 to your buys.
Upward side 14825 a crucial hurdle to watch out for crossover above which it'll surge up to 14888 & there after to 15013 & 15143. Sell on higher levels keeping stop loss of 15143.
Downward side break below 14557 it'll turn weak & fall down to 14483, 14421 & 14321.


Nifty Future: (4435) 4459 a nearest hurdle to watch out for crossover above which it'll surge up further to 4490, 4505 & 4548. Sell on higher levels keeping stop loss of 4548.
Downward side 4425 a nearest & 4392 a crucial support.
Break below 4392 it'll turn weak & fall down to 4360, 4338 & 4302.

Weekly Trading Highlights. 18th August 2008.

Watch out for crucial supports at 14650-14593 & 4403-4375 in initial panic.

Selling in frontlines on higher levels will be seen.

A close below 14653 & 4403 further down side will be seen.


BSE index: (14724) Consider for this week...Watch out for crucial support at 14653 & 14593 in further initial panic where some buying support not ruled out. If 14593 remain intact then expect corrective up surges.
Upward side 14888 a nearest hurdle crossover above which it'll surge up to 15013, 51143 & 15234. Sell on higher levels keeping stop loss of 15580.
Downward side a close below 14653 or intra day break below 14593 it'll turn further weak & fall down to 14446, 14344, 14248 & 14096.
In any worst scenario a close below 14096 it'll touch a panic low of 13727. Over all buy on declines keeping stop loss of 13727.

Long term investors can accumulate considering now 13727 a solid support keeping stop loss of 12500.

Nifty: (4430) Consider for this week...4403 a nearest & 4375 a crucial support to watch out for in initial panic where some buying not ruled out, if it remains intact then expect corrective up surges.
Upward side 4464 a nearest hurdle crossover above which it'll surge up to 4464, 4497 & 4557. Sell on higher levels keeping stop loss of 4650.
Downward side a close below 4403 or intra day break below 4375 it'll fall down heavily further to 4344 & 4250.
In worst scenario a close below 4250 it'll fall down to 4159. Over all buy on declines keeping stop loss of 4159.
Long term investors can accumulate at around 4159 keeping stop loss of 3790.

NSE F&O LOTSIZE

NSE F&O LOTSIZE

. Underlying Symbol Market Lot . BANK Nifty BANKNIFTY 25 . CNX 100 CNX100 50 . CNX IT CNXIT 50 . CNX Nifty Junior JUNIOR 25 . Nifty Midcap 50 NFTYMCAP50 75 . S&P CNX Nifty NIFTY 50 . S&P CNX Nifty MINIFTY 20 . . Derivatives on Individual Securities Symbol Market Lot . 3I Infotech Ltd. 3IINFOTECH 2700 . Aban Offshore Ltd. ABAN 50 . Abb Ltd. ABB 250 . Aditya Birla Nuvo Limited ABIRLANUVO 200 . Adlabs Films Ltd ADLABSFILM 225 . Aia Engineering Limited AIAENG 200 . Allahabad Bank ALBK 2450 . Alok Industries Ltd. ALOKTEXT 3350 . Alstom Projects India Ltd APIL 200 . Ambuja Cements Ltd. AMBUJACEM 2062

. Amtek Auto Ltd. AMTEKAUTO 600 . Andhra Bank ANDHRABANK 2300 . Ansal Prop & Infra Ltd ANSALINFRA 1300 . Aptech Limited APTECHT 650 . Arvind Limited ARVIND 4300 . Ashok Leyland Ltd ASHOKLEY 4775 . Associated Cement Co. Ltd. ACC 188 . Aurobindo Pharma Ltd. AUROPHARMA 700 . Axis Bank Ltd. AXISBANK 225 . Bajaj Auto Limited BAJAJ-AUTO 200 . Bajaj Hindustan Ltd. BAJAJHIND 950 . Bajaj Holdings & Investment Ltd. BAJAJHLDNG 250 . Ballarpur Industries Limited BALLARPUR 7300 . Balrampur Chini Mills Ltd. BALRAMCHIN 2400 . Bank Of Baroda BANKBARODA 700 . Bank Of India BANKINDIA 950 . Bata India Ltd. BATAINDIA 1050 . Bharat Earth Movers Ltd. BEML 125 . Bharat Electronics Ltd. BEL 138 . Bharat Forge Co Ltd BHARATFORG 1000

. Bharat Heavy Electricals Ltd. BHEL 75 . Bharat Petroleum Corporation Ltd. BPCL 550 . Bharti Airtel Ltd BHARTIARTL 250 . Bhushan Steel & Strips Lt BHUSANSTL 250 . Biocon Limited. BIOCON 450 . Birla Corporation Ltd BIRLACORPN 850 . Bombay Dyeing & Mfg. Co Ltd. BOMDYEING 300 . Bombay Rayon Fashions Ltd BRFL 1150 . Bongaigaon Refinery Ltd. BONGAIREFN 2250 . Brigade Enterprises Ltd. BRIGADE 550 . Cairn India Limited CAIRN 1250 . Canara Bank CANBK 800 . Central Bank Of India CENTRALBK 2000 . Century Textiles Ltd CENTURYTEX 212 . Cesc Ltd. CESC 550 . Chambal Fertilizers Ltd. CHAMBLFERT 3450 . Chennai Petroleum Corporation Ltd. CHENNPETRO 900 . Cipla Ltd. CIPLA 1250 . Cmc Ltd. CMC 200 . Colgate Palmolive Ltd COLPAL 550

. Corporation Bank CORPBANK 600 . Crompton Greaves Ltd. CROMPGREAV 500 . Cummins India Ltd CUMMINSIND 475 . Dabur India Ltd. DABUR 2700 . Deccan Aviation Limited AIRDECCAN 850 . Dena Bank DENABANK 2625 . Develop Credit Bank Ltd DCB 1400 . Divi'S Laboratories Ltd. DIVISLAB 155 . Dlf Limited DLF 400 . Dr. Reddy'S Laboratories Ltd. DRREDDY 400 . Edelweiss Capital Ltd EDELWEISS 250 . Educomp Solutions Ltd EDUCOMP 75 . Escorts India Ltd. ESCORTS 2400 . Essar Oil Ltd. ESSAROIL 1412 . Everest Kanto Cylinder Ltd EKC 1000 . Federal Bank Ltd. FEDERALBNK 851 . Financial Technologies (I) Ltd FINANTECH 150 . Gail (India) Ltd. GAIL 750 . Gateway Distriparks Ltd. GDL 2500 . Gitanjali Gems Limited GITANJALI 500

. Glaxosmithkline Pharma Ltd. GLAXO 300 . Gmr Infrastructure Ltd. GMRINFRA 1250 . Grasim Industries Ltd. GRASIM 88 . Great Offshore Ltd GTOFFSHORE 250 . Gtl Ltd. GTL 750 . Gujarat Alkalies & Chem GUJALKALI 1400 . Gujarat Narmada Fertilizer Co. Ltd. GNFC 1475 . Havells India Limited HAVELLS 400 . Hcl Technologies Ltd. HCLTECH 650 . Hdfc Bank Ltd. HDFCBANK 200 . Hero Honda Motors Ltd. HEROHONDA 400 . Hindalco Industries Ltd. HINDALCO 1595 . Hinduja Ventures Ltd. HINDUJAVEN 500 . Hindustan Construction Co HCC 1400 . Hindustan Oil Exploration HINDOILEXP 1600 . Hindustan Petroleum Corporation Ltd. HINDPETRO 1300 . Hindustan Unilever Ltd HINDUNILVR 1000 . Hindustan Zinc Limited HINDZINC 250 . Hotel Leela Ventures Ltd HOTELEELA 3750 . Housing Development And Infrastructure Ltd. HDIL 400

. Housing Development Finance Corporation Ltd. HDFC 75 . ibn18 Broadcast Limited IBN18 1250 . Icici Bank Ltd. ICICIBANK 175 . Idea Cellular Ltd. IDEA 2700 . Ifci Ltd. IFCI 1970 . I-Flex Solutions Ltd. I-FLEX 150 . India Cements Ltd. INDIACEM 725 . India Infoline Limited INDIAINFO 1250 . Indian Bank INDIANB 1100 . Indian Hotels Co. Ltd. INDHOTEL 1899 . Indian Oil Corporation Ltd. IOC 600 . Indian Overseas Bank IOB 1475 . Indusind Bank Ltd. INDUSINDBK 1925 . Industrial Development Bank Of India Ltd. IDBI 1200 . Info Edge (I) Ltd NAUKRI 150 . Infosys Technologies Ltd. INFOSYSTCH 200 . Infrastructure Development Finance Company Ltd. IDFC 1475 . IRB Infrastructure Developers Ltd IRB 1100 . Ispat Industries Limited ISPATIND 4150 . Itc Ltd. ITC 1125

. Ivr Prime Urban Developers Ltd. IVRPRIME 800 . Ivrcl Infrastructure & Projects Ltd. IVRCLINFRA 500 . J & K Bank Ltd. J&KBANK 300 . Jaiprakash Associates Ltd. JPASSOCIAT 750 . Jaiprakash Hydro-Power Ltd. JPHYDRO 3125 . Jet Airways (India) Ltd. JETAIRWAYS 400 . Jindal Saw Limited JINDALSAW 250 . Jindal Stainless Ltd. JSTAINLESS 1000 . Jindal Steel & Power Ltd JINDALSTEL 160 . Jsw Steel Ltd. JSWSTEEL 275 . Kesoram Industries Ltd KESORAMIND 500 . Kotak Mahindra Bank Ltd. KOTAKBANK 275 . Kpit Cummins Infosystems KPIT 1650 . KSK Energy Ventures Ltd. KSK 850 . Lakshmi Machines Ltd LAXMIMACH 100 . Lanco Infratech Ltd. LITL 425 . Larsen & Toubro Ltd. LT 50 . Lic Housing Finance Ltd LICHSGFIN 850 . Lupin Ltd. LUPIN 700 . Mahanagar Telephone Nigam Ltd. MTNL 1600

. Maharashtra Seamless Ltd. MAHSEAMLES 600 . Mahindra & Mahindra Ltd. M&M 312 . Mahindra Lifespace Developers Ltd MAHLIFE 350 . Mangalore Refinery And Petrochemicals Ltd. MRPL 2225 . Maruti Udyog Ltd. MARUTI 200 . Matrix Laboratories Ltd. MATRIXLABS 1250 . Moser-Baer (I) Ltd MOSERBAER 825 . Motor Industries Co Ltd BOSCHLTD 50 . Mphasis Ltd. MPHASIS 800 . Nagarjuna Constrn. Co. Ltd. NAGARCONST 1000 . Nagarjuna Fertiliser & Chemicals Ltd. NAGARFERT 3500 . National Aluminium Co. Ltd. NATIONALUM 575 . National Thermal Power Corporation Ltd. NTPC 1625 . Ndtv Ltd. NDTV 550 . Network 18 Fincap Ltd. NETWORK18 500 . Neyveli Lignite Corporation Ltd. NEYVELILIG 1475 . Piramal Healthcare Ltd PIRHEALTH 750 . Niit Limited NIITLTD 1450 . Niit Technologies Ltd. NIITTECH 1200 . Nucleus Software Exports NUCLEUS 550

. Oil & Natural Gas Corp. Ltd. ONGC 225 . Omaxe Ltd. OMAXE 650 . Orchid Chemicals Ltd. ORCHIDCHEM 1050 . Oriental Bank Of Commerce ORIENTBANK 1200 . Oswal Chem. & Fert. Ltd. BINDALAGRO 4950 . Pantaloon Retail (I) Ltd PANTALOONR 500 . Parsvnath Developers Ltd. PARSVNATH 700 . Patel Engineering Ltd. PATELENG 250 . Patni Computer Syst Ltd PATNI 650 . Peninsula Land Limited PENINLAND 2750 . Petronet Lng Limited PETRONET 2200 . Polaris Software Lab Ltd. POLARIS 2800 . Power Finance Corporation Ltd. PFC 1200 . Power Grid Corporation Of India Ltd. POWERGRID 1925 . Praj Industries Ltd. PRAJIND 1100 . Punj Lloyd Ltd. PUNJLLOYD 750 . Punjab National Bank PNB 600 . Puravankara Projects Ltd. PURVA 500 . Rajesh Exports Ltd RAJESHEXPO 1650 . Ranbaxy Laboratories Ltd. RANBAXY 800

. Redington (India) Ltd. REDINGTON 500 . Rel. Nat. Resources Ltd. RNRL 1788 . Reliance Capital Ltd RELCAPITAL 138 . Reliance Communications Ltd. RCOM 350 . Reliance Industries Ltd. RELIANCE 75 . Reliance Infrastructure Limited RELINFRA 138 . Reliance Petroleum Ltd. RPL 1675 . Reliance Power Ltd. RPOWER 500 . Rolta India Ltd ROLTA 900 . Rural Electrification Corporation Ltd. RECLTD 1950 . S Kumars Nationwide Ltd SKUMARSYNF 1900 . Sasken Commu Techno Ltd SASKEN 1100 . Satyam Computer Services Ltd. SATYAMCOMP 600 . Sesa Goa Ltd. SESAGOA 1500 . Shipping Corporation Of India Ltd. SCI 800 . Shree Cements Ltd SHREECEM 200 . Shree Renuka Sugars Ltd. RENUKA 5000 . Siemens Ltd SIEMENS 376 . Sobha Developers Ltd. SOBHA 350 . Srf Ltd. SRF 1500

. State Bank Of India SBIN 132 . Steel Authority Of India Ltd. SAIL 1350 . Sterling Biotech Ltd STERLINBIO 2500 . Sterlite Industries (I) Ltd STER 219 . Sterlite Technologies Ltd STRTECH 1050 . Strides Arcolab Ltd. STAR 850 . Sun Pharmaceuticals India Ltd. SUNPHARMA 225 . Sun Tv Network Ltd. SUNTV 1000 . Suzlon Energy Ltd. SUZLON 1000 . Syndicate Bank SYNDIBANK 1900 . Tata Chemicals Ltd TATACHEM 675 . Tata Communications Ltd TATACOMM 525 . Tata Consultancy Services Ltd TCS 250 . Tata Motors Ltd. TATAMOTORS 412 . Tata Power Co. Ltd. TATAPOWER 200 . Tata Steel Ltd. TATASTEEL 382 . Tata Tea Ltd. TATATEA 275 . Tata Teleserv(Maharastra) TTML 5225 . Tech Mahindra Limited TECHM 200 . The Great Eastern Shipping Co. Ltd. GESHIP 600

. The Karnataka Bank Ltd. KTKBANK 1250 . Titan Industries Ltd. TITAN 206 . Triveni Engg. & Inds. Ltd. TRIVENI 1925 . Tulip It Services Ltd TULIP 250 . Tvs Motor Company Ltd. TVSMOTOR 2950 . Ultratech Cement Ltd. ULTRACEMCO 400 . Union Bank Of India UNIONBANK 2100 . Unitech Ltd UNITECH 900 . United Phosphorous Ltd UNIPHOS 700 . United Spirits Ltd. MCDOWELL-N 125 . Vijaya Bank VIJAYABANK 3450 . Voltas Ltd. VOLTAS 900 . Welspun Guj St. Ro. Ltd. WELGUJ 800 . Wipro Ltd. WIPRO 600 . Wire & Wireless (I) Ltd. WWIL 3150 . Wockhardt Ltd. WOCKPHARMA 600 . Yes Bank Limited YESBANK 1100 . Zee Entertainment Enterprises Ltd. ZEEL 700