NEWSLETTER FOR 06.08.08 (2)

Nice breakout on charts... We had a superb breakout yesterday. All of a sudden there is good news everywhere. We have very good global cues, crude is also cooling off. Technically, we broke out from the longterm down trendline. The next major resistance is the 200 DMA near 4800. Whether we will break this is something too early to predict. For now, ride with the trend, stay long and target 200 DMA. For people without charts and moving average information, I found this site, which gives moving average information for various stocks an indices. Stock Picks ------------ Bank of India (BOI)- CMP-307.75 Stock has nicely broken down yesterday and closed high. We can see good upside of upto 330+ in the coming days. This is a positional long. Adlabs - CMP 537.5. BUY above 539. Target 553, 582 ELECON ENG (505700) - 5 Aug. Price: 101.95

ELECON ENG has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. Has broken a double bottom formation. A decisive break of the resistance at 101 will signal a rise to 117 or more. The stock has support at 84.00 and resistance at 245. Positive volume balance strengthens the stock in the short term. RSI diverges positively against the price, which indicates a possibility for a reaction up. The stock is overall assessed as technically positive for the medium long term.

The medium long term: Positive candidate

Yesterday FED hold rate at 2 percent therefore every market in the world are rallying, it is sure that our market is also open 3-4 hundred point higher and Banks and Real Estate once again lead the rally. It is very difficult to buy stocks at this level and in my opinion every second person in the street are trap at higher level specially in Banks and Real Estate stocks.

On every rise try to exit from market.

IFCI : (51.65) Buy IFCI above 52 for a target of 55-58, stoploss at 50.

Rajesh Export : (53.25) Buy Rajesh Export above 54 for a target of 56-59, stoploss at 51.

DLF : (552.10) Buy DLF above 555 for a target of 577-602, stoploss 538

Ashok Leyland : (31.70) Buy Ashok Leyland above 32 for a target of 33.50-35, stoploss 30.

JP Associat : (184.75) Buy JPASSOCIAT above 182 for a target of 192-196, stoploss at 178.


Sensex : (14961.07) Today Sensex face resistance at 15285, if cross 14285 then goes up to 15448-15600. Sensex find support at 14825 and 14663.

Nifty : (4502.85) Today Nifty face resistance at 4539-4554, if cross 4554 then goes up to 4603-4630. If Nifty close above 4539 weekly then next target is 4774. Nifty find support at 4464-4414.

Intraday Pick :: (Buy) UNITECH

Pivot Levels for NIFTY 50 Stocks (06 August 2008)

Sensex / Nifty Outlook for

Longterm Trendlines which act as resistance are broken after jan Crash
for the first time on 5th Aug.... Its looks like 15th August for Me....

Nifty's next target of 4720 - which is the 61.8% retracement from the recent low of 3780 which showed in the chart
Nifty will achieve its target without hesitation... Easy go

Long Live the Bull.

breakout of ipca laboratories.

Stock : IPCA Laboratories

CMP : 560

Reasons
1) Stock Above 20 day EMA
2) Stock breakout after huge consolidation and Heavy Volumes
3) Leading Indicators MACD and RSI are increasing
4) OBV Rising - stocks are being accumulated

All these signalling a breakout is possible in IPCA Laboratories

The markets moved up as expected and is inching towards our target of 15500.
As said earlier the strategy remains to buy on dips and not sell rises.
The markets trapped the shorts and so it must do.
Technically the markets look ok and should continue to move up for some more sessions.
Structurally the markets are moving in an over stretched zone and a reaction could be seen , sooner then later.
Astrologically comes a very important factor in the week on Friday 08.08.08 – the day of Saturn ( shani)
The supports for the nifty is at 4465 levels and resistance at 4625 levels
The supports for the sensex is at 14500 levels and resistance at 15500 levels


Stocks to watch

As per our advance prediction all sugar , financial , oil sector outperforms

Nifty :: After two days side way momentum Nifty break strong resistance and give upward breakout.Oil drop below 120.40 and give support to turn all world market in green. Refer our weekly post for target zone.. As we says from bottom mid term momentum still up.. But this rally are corrective rally only and that’s why avoid buying at higher level buy only in dip and sell at high.. Strong resistance zone start from 4624 to 4760.. Supports at 4490/4460/4418.. Resistance for up move at 4540/4594/4624/4725/4760..

The Indian market opened on flat note and drift down in negative and traded in narrow range . In the later session nifty saw breakout from the range and spurt above 4500 levels .,As we had mention above 4450 above we can test 4563 -4629 levels. For the coming session 4450 -4400 will act as support zone .
6AUGBUY PNB ABOVE 516 TGT 524 >533 STOPLOSS 508

STOCK OF THE DAY :
NAME:BUY GMR INFRA
SL : 103.2
TRGT: 107.5 -109-109.9+
REVISED SL TO : 104 IF 106.8 IS ACHVD/ IF TRGT ONE ACHVD BOOK 50% AND HAVE SL FOR REST AT 105(NEAR COST)

Gap up opening expected today

It was a huge day for indian market as nifty witnessed huge buying from lower levels and closed well above 4500 and on global scenario, DOW jones gained huge 331.62 points closing at 11,615.77 after the Federal Reserve left interest rates unchanged as expected and told here and rduced some of the market's fears about the economy.he oil market also helped soothe some of Wall Street's worries. crude fell as low as $118 a barrel before settling at $119.17, down $2.24 on the New York Mercantile Exchange.With all global cues positive, indian markets may open with huge gap up today and maybe previous resistance of 4540 will be crossed in the opening bell itself and here interesting point is of Reliance Industries-which may again test its strong resistance of 2350 once gets past 2280 mark and if it breaks 2350, it's a huge plus point for indian market as well.For today, nifty above 4540 may well test 5600 first and then crucial resistance at 5650 will be tested and crossover straight 5700.On downside, below 4500 strong support is at 4440.Overall huge day for indian market today and those who have baught BTST may well enjoy gap up in those stocks.

Stock watch for the day:

India Info (739): Buy this at dips with stop loss 720 for target 765-780

Point to Watch: 4418
Support: 4493, 4460(68), 4418, 4400, 4395, 4340, 4324, 4318, 4227, 4254, 4176, 4168
Resistance: 4504, 4550, 4595, 4600
- Halts just below resistance 4504
Happy Trading!!

1. Reliance has support at 2199 level. Reliance has to keep trading above 2265 level to target the levels of Rs 2275,2300 levels.

2. ONGC has a bullish trend intact till the time level of Rs 899 is not breached on the lower side and one can keep holding the stock.

The Nifty opened flat in the morning today and kept trading within a narrow range and was repeatedly finding resistance near 4420 and it wasn’t until 1PM, after the European markets opened, that it started rising again. The European markets closed very well in the day today with gains over 2 and a half percent since yesterday’s close. Even the Dow Jones right now is trading more than 200 points up in the green. Looking at the crude, after touching lows near $118, it is currently trading at $119.50. 118.20 to 118.50 seems to have provided good support to the prices today.

Attached above is the daily chart of Nifty, along with a few trendlines drawn in and the Relative Strength Index (RSI). Let us start with the longest trendline in the chart which has been drawn from the beginning of May till date and which has been shown as a dotted trendline. This trendline was quite comfortably passed through during the day today. A second trendline, which happens to be shown as a solid line green in colour, has been drawn from the beginning of June till date. This also happens to be the neckline of the inverted head and shoulders pattern, which has been marked as S, H and S. A vertical line AB has been drawn from the neckline to the bottom of the head formation. This line has then been superimposed at the point of breakout (??) today. This superimposed line AB gives us a head and shoulders breakout target of 5200. It is not clear whether the head and shoulders pattern has been broken through or not yet. I feel it just fell short of confirming it. We would assume that this pattern has been confirmed if the previous pivot high at 4540 is surpassed, which happens to be another 40 points away. If that does happen the RSI also would cross 60, which would have happened in Nifty the first time in three months and only the second time since January, when the downfall started.

Is there anything that could go wrong? Yes, if it happens to be your bad day, everything could go wrong. Looking at the chart, we can see that the head and shoulders pattern has not been decisively confirmed today, which means that it could very well start coming down from here. Looking at the RSI too, we can see that the resistance at 60 has not been crossed as yet. If the Nifty turns down from here, 60 would not be crossed and it would be bearish for the index. If, on the other hand, the RSI crosses 60, we should be looking at further gains. On the downside, a move below 4140 would cancel this bullish head and shoulders pattern.

Trudstworthy Indian tips for trading in quality stocks

1. Indian stock market update: Market is likely to open on positive note on the news of oil easing to $118. Moreover Indian and Chinese demand for crude is reducing and thus oil prices are likely to be stable for time being. However Fed Rate meeting is also due and I expect no change in the rate of interest in US which will remain at 3%. However keep an eye on it as Fed meeting is going to effect market on 06 Aug. Support exists for Sensex at 14575 and resistance for Sensex exists at 15350- 15550. Support exists for Nifty at 4476 and Nifty resistance exist at 4625.

2. Analysis of Indian stock Tips provided for 05 Aug: RPL, Cairn did not reach the entry price set up, Torrent power gave a profit of rs 230, Torrent pharma gave a profit of Rs 200, Orchid gave a profit of Rs 275, Lupin gave a profit of rs 480, Tata power gave a profit of rs 1300 and GMR infrstructure gave a profit of Rs 310.

3. Future and Options: An early indicator of prevailing trend- Strong Future Stocks data:

RNRL
Escorts
BOB
MRPL
Peninsula Land
IDBI
UBI
Indian Bk
Rel
Essar Oil

4. Weak Future Stocks data of immense use during crash of a market

Moser Baer
Sun TV
Aban offshore
Amtek
BEL
Dr Reddy
Financial Tech
STER
Sterling biotech
Nucleus

5. Intraday trading tips for India


Buy SAIL>152.1,159.9 sl 147
Buy ONGC>1010.1,1021,1047 sl 998.8
Buy IDEA>94.1,95,100 sl 89.8
Buy GMR Infrastructures>106.5,109.9,112 sl
Buy Neyveli Lignite>125.1,126.5,129.9,133 sl 123.8
Buy Akash Optifibres>42.5,43.9,45 sl 41.2
Buy RPL>176.1,179.9,187 sl 173.6
Buy Torrent power>114.1,116,121 sl 110.9

As advised GMR Infrastructure is marching ahead and yesterday touched more than 106 levels.

Date 06/08/2008 Wednesday

DATE INDICATOR GREEN- BULLISH RED - BEARISH YELLOW- WAIT & WATCH

Today's Most Important---------as below

Alert :-- Please do not hold any long position and go home, any time bears will attack. So please be alert now.

In the market, which Bull Run is seeing, that is quite fake, please do not take it like a bullish signal & sell all old stocks on every higher level.

Warning: - This time DOW is running on 190 point +, if DOW gives the closing of 300+ then it will be the totally bearish signal which impact will get to see in next 1 or 2 day. Please do not ignore this warning other wise all will go to trap on higher level. Please do not hold any long position. We are writing again & again that Nifty Spot has gone fully over bought level of 4680.

Today if Nifty Future trade above the level of 4500 then it can go up to the level of 4604, 4664 to 4718 but if Nifty Future goes to break the level of 4500 then it can go below the level of 4419, 4294 to 4109.

Happy & Safe Trading

Daily Target:-

1) Buy BPCL Above @ 336 Target 343-349 to 364.

2) Buy CORPBANK Above @ 286 Target 294-302 to 322.

3) Buy Dr.REDDY Above @ 590 Target 598-605 to 623.

4) Buy GRASIM Above @ 2010 Target 2080-2145 to 2309.

5) Buy HCLTECH Above @ 241 Target 252-263 to 291.

6) Buy HEROHONDA Above @ 834 Target 857-883 to 944.

7) Buy HLL Above @ 240 Target 245-249 to 259.

8) Buy IFCI Above @ 52 Target 53-54 to 57.

9) Buy POLARIS Above @ 104 Target 106-108 to 113.

10) Buy RCOM Above @ 444 Target 449-454 to 467.

11) Sell TATACHEM Below @ 329 Target 303-276 to 262.

12) Sell SAIL Below @ 149 Target 136-122 to 115.

13) Sell RANBAXY Below @ 511 Target 473-431 to 410.

14) Sell ISPATIND Below @ 29 Target 28-26 to 24.

15) Sell GNFC Below @ 127 Target 121-115 to 112.

Note--- If market open green then buy our buying tips and If market open red then sell our sell tips.

NIFTY UPPER HURDLE -4568,4619,4664,4773. AND SENSEX-15172,15333,15485,15840.

NIFTY DOWN- 4414,4311,4156,4086. AND SENSEX- 14665,14319,13811,13585.

NIFTY FUTURE UP-4604,4664,4718,4849.AND DOWN-4419,4294,4109,4025.

main Target level nifty--- 4033, 3484 & 2604 sensex-- 13538, 11727 & 9071.( date -21-03-2008)

5DMA 10DMA 15DMA 20DMA 25DMA 30DMA 50DMA 200DMA

NIFTY 4337 4283 4279 4316 4358 4396 4604 4854

NIFTY FUTURE 4346 4275 4275 4305

SENSEX 14389 14200 14245 14375 14558

BUY SIGNAL NIFTY SPOT---ABOVE 4482, NF--4500 AND SENSEX--14879 TGT NIFTY 6363 NF 6386 SENSEX 21381

SELL SIGNAL NIFTY SPOT---BELOW-4409, NF--4410 AND SENSEX--14637 TGT NIFTY 3484 NF 3453 SENSEX

AS WE PREDICTED NIFTY-FUT JUMPED ABOVE 4444. YES WE CONTINUOSLY SAY MARKET SHORT TERM UPTREND IS INTACT. NEXT NIFTY-FUT TARGET 4658, 4705.

Yesterday, We Recommended Boldly to go LONG in NIFTY-FUT Above 4444 and NIFTY-FUT Jumped to 4539. Our Resistance was 4537. We predict the MARKET DIRECTION

WHAT TO DO TODAY?

Two spl call for delivery luvers

Bartronics catch in morning luking hot

Future Capital.

NIFTY(CASH)
UP SIDE
4513-4545-4557-4598-4631
DOWN SIDE
4492-4459-4427-4406-4373

ESCORTS

BUY AROUND 85 SL 83 TARGET 88-93-99+

APTECHT

BUY AROUND 196 SL 193 TARGET 204-208-215+

OK Play India

(Bse Ticker – 526415)

BUY FOR TARGET RS.RS.57/- STOP LOSS RS.46/-.

ABB

(Bse Ticker – 500002)

BUY FOR TARGET RS.875/- & RS.890/- STOP LOSS RS.831/-.

Ashok Leyland

(Bse Ticker – 500477)

BUY FOR TARGET RS.33.90 & RS.35/- STOP LOSS RS.30/-.

ICICI Bank

(Bse Ticker – 532174)

BUY FOR TARGET RS.711/- & RS.715/- STOP LOSS RS.681/-.

Buy MARUTI with stop loss of 602 Target is 636 & 653.

BSE Code	Script	Buy above	Target	Stoploss	Remarks
500900	STERLITE IND.	581.75	574.00	592.00	STRONG BUY

If sources are to be believed ---carbon credit news is on the way for SRF --- it is learnt that SRF is likely to sell another 11 million carbon credits

SRF to gain on account of the benefits the company is likely to make through carbon credits in the near future.

SRF is one of the largest players in flurochemicals and refrigerants business in India . As per the Kyoto Protocol, SRF would be a major beneficiary of reducing polluting gases. This, in turn, will help the company to receive carbon credits.

Nifty 50 Index ( 10 Minute Chart) !
* Nifty 50 Index ( 10 Minute Chart) ! Nearing Crucial Resistance of 4550 / Ripe for decline to 4465 from Overbought Zones
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On-Line Recommendation Portfolio (+) 39054.39% in 113 Months (Hypothetical Performance)	The "Rs.10 Lac-Portfolio" (+)1490.33% in 379 weeks (Hypothetical Performance)..
Important Support & Resistance Levels of Sensex/ Nifty / Nifty 'Near Month'
Index Close Change 3- DEMA 7- DEMA Sup-2 Sup-1 Trend Res-1 Res-2 5D-High 5D-Low * BSE - SENSEX 14961.07 383.20 14741.13 14527.28 14406.02 14627.98 14825.64 15159.87 15321.27 14986.63 14002.19 * CNX BANK INDEX 6371.70 379.30 6143.92 5971.45 5717.33 6021.23 6224.23 6576.02 6764.40 6412.15 5522.75 * CNX IT INDEX 3917.75 76.45 3867.71 3807.64 3755.01 3821.84 3882.78 3979.04 4030.53 3934.15 3677.70 * CNX MIDCAP 5861.25 94.95 5768.89 5657.55 5749.33 5783.42 5834.23 5912.31 5948.72 5870.55 5469.30 * S&P CNX NIFTY 4502..85 107.50 4440.81 4379.07 4336.90 4403.15 4464.67 4564.72 4615.33 4515.15 4191.20 - NSE50 1 MONTH 4527.95 122.50 4458.93 4392.25 4320.86 4407.62 4479.28 4600.04 4660.81 4539.90 4237.35
Change in Indices in last 5 Days
Index Close L.Change 2DayBack 3DayBack 4DayBack 5DayBack * BSE - 500 CO'S 5803.57 132.67 28.33 116.80 11.45 171.96 * BSE - SENSEX 14961.07 383.20 -78.82 300.94 68.54 495.67 * CNX BANK INDEX 6371.70 379.30 30.50 231.85 10.60 297.30 * CNX IT INDEX 3917.75 76.45 -10.55 99.00 -28.05 135.90 * S&P CNX 500 3615.90 84.75 6.90 67.55 6.95 99.30 * S&P CNX NIFTY 4502.85 107.50 -18.20 80.60 19.40 123.70 - CNX BANK INDEX - 1 M 6397.45 407.50 18.70 249.30 28.40 274.60 - CNX IT - 1 MONTH 3943.85 74.45 -3.40 117..35 -35.10 139.70 - NSE50 1 MONTH 4527.95 122.50 -27.40 100.80 5.65 127.50
Gainers / Losers & Stocks with Spurt in Volume (Min Avg Volume >50000/Day)
Scrip Close L.Close Change% Scrip Volume 3 Days Avg Volume Vol Change (Times) Gainers Volume Toppers INDIAN BANK 118.00 105.90 11.43 GLOBAL TELE-SYST 614950 299419 11.93 HCL TECHNOLOGIES 240.10 219.90 9.19 J&K BANK 231598 87571 9.75 ASHOK LEYLAND 31.70 29.05 9.12 ASHOK LEYLAND 10252862 4388280 6.87 LML LTD 13.20 12.10 9.09 MINDTREE CONSULTING 50658 22704 6.27 IDBI 88.80 81.60 8.82 BALAJI TELEFILMS 220899 96829 6.16 ICICI BANK 694.10 640.45 8.38 PRISM CEMENT 614379 288704 5.64 UTI BANK 760.55 706.05 7.72 HIND PETROLEUM 1529618 902304 5.44 BANK OF BARODA 299.15 278.05 7.59 ORBIT CORPORATION 281172 165484 4.85 SOBHA DEVELOPERS 289.65 269.80 7.36 FEDERAL BANK 917785 453730 4.79 OMAXE 136.65 127.35 7.30 DR. REDDY'S LABS 1120581 552730 4.69 DLF 552.10 514.70 7.27 BALLARPUR INDS 243613 154323 4.05 Losers IDBI 10790308 5566172 3.91 STERLITE INDS (I) 581.35 624.20 -6.86 HERO HONDA 642626 352151 3.81 SESA GOA 3337.65 3541.65 -5.76 CORPORATION BANK 139102 76439 3.76 GUJ NRE COKE 103.90 110.15 -5.67 MANGALAM CEMENT 59575 35405 3.54 SUNFLAG IRON 20.35 21.40 -4.91 CEAT LTD 162610 105119 3.50 MCLEOD RUSSEL 90.80 95.40 -4.82 MAHINDRA & MAHIN 580315 350469 3.32 TATA CHEM 330.95 345.50 -4.21 MPHASIS 1157167 612999 3.24 DHAMPUR SUGAR MI 62.70 65.45 -4.20 INDIAN OIL CORP 519318 304756 3.18 JSW STEEL 835.55 872.10 -4.19 GUJ NRE COKE 4974437 2802957 3.13 CAIRN INDIA 232.80 242.85 -4.14 GAS AUTHORTY (I) 2405193 1617998 3.12 GUJ INDSTL POWER 83.80 86.90 -3.57 KARNATAKA BANK 430595 222954 3.06 JINDAL STAINLESS 139.85 144.70 -3.35 ZEE NEWS 1548870 739430 2.96

Support/Resistance for Day Traders (06.08.2008)

We are giving below the Important Support and Resistance Levels of few most actively traded scrips of NSE/BSE (including F&O). Many Traders successfully use Support/ Resistance levels for day- trading. Traders are advised to read the Disclaimer and Rules for Successful trading & apply Stop Loss on all trades. (Conditions - Avg Daily Volume in 5 days >250000)

Scrip Close Change 3- DEMA 7- DEMA Sup-2 Sup-1 Trend Res-1 Res-2 5D-High 5D-Low ACC LTD 616.00 30.45 599.49 588.25 568.74 590.10 605.42 631.41 645.28 619.25 571.00 BANK OF BARODA 299.15 21.10 284.83 269.39 203.99 250.54 276.33 325.13 350.36 301.50 228.35 BANK OF INDIA 307.75 18.15 296.39 287.04 255.79 280.66 295.38 322.57 336.62 309.40 259.90 BHARAT PETROLEUM 335.60 8.95 332.01 325.64 319.45 326.28 333.00 342.35 348.27 338.90 306.00 BHARTI AIRTEL 840.10 24.10 826.40 813.32 752.10 793.03 820.08 867.33 892.46 845.15 770.60 BHEL 1769.90 53.65 1741.47 1704.88 1682.79 1719.79 1751.80 1802.09 1829.86 1792.00 1603.50 BONGAINGAON REFI 67.60 0.65 66.47 64.26 66.11 66.60 67.83 68.84 69.91 68.90 62.00 CANARA BANK 214.00 13.75 204.46 195.30 192.48 202.46 208.93 220.52 226.50 214.90 178.00 DR. REDDY'S LABS 589.45 2.00 587.72 594.92 572.77 578.92 587.18 597.76 604.59 598.95 550.55 GAS AUTHORTY (I) 400.95 15.65 392.27 383.63 378.07 388.03 396.00 408.97 415.99 403.00 367.00 GUJ AMBUJA CEMEN 87.50 4.65 84.99 83.46 80.19 83.52 85.87 89.86 92.00 88.00 76.55 HDFC BANK 1184.50 75.75 1144.68 1122.36 1065.22 1120.53 1159.17 1223.38 1259.31 1195.00 1026.25 HDFC LTD 2465.00 92.00 2407.25 2333.97 2318.15 2382.46 2436.57 2519.42 2567.67 2484.70 2110.55 HERO HONDA 828.85 33.65 810.61 789.69 766.42 794.58 822.28 856.70 882.48 848.00 740.00 HIND LEVER 239.95 5.80 237.64 235.82 228.66 233.42 237.95 244.51 248.47 241.90 230.10 HIND PETROLEUM 233.65 6.10 229.39 226.06 224.88 228.39 233.18 238.46 242.69 237.40 216.00 ICICI BANK 694.10 53.65 667.19 655.50 598.04 643.55 674.93 725.68 755.52 704.70 610.00 IDBI 88.80 7.20 84.09 80.18 78.63 83.39 86.80 92.23 95.44 90.00 73.25 IDFC 104.45 5.80 100.60 98.02 94..59 99.13 102.42 107.75 110.79 105.45 88.75 IFCI LTD 51.65 0.80 50.45 48.23 49.15 50.21 51.42 52.87 53.95 52.50 44.05 INFOSYS TECHNOLO 1678.55 19.70 1656.27 1625.42 1590.89 1628.50 1664.07 1714.31 1745.87 1695.55 1545.00 ITC LTD 190.15 2.35 188.90 188.04 185.60 187.16 189.47 192.46 194.30 191.90 177.00 JAIPRAKASH ASSOC 184.75 9.85 177.08 170.07 163.40 173.40 181..12 192.51 199.82 188.40 152.15 LARSEN & TOUBRO 2698.25 40.80 2675.29 2649.68 2608.23 2643.21 2678.42 2733.65 2762.31 2720.00 2535.30 LIC HOUSING FIN 336.90 12.60 330.76 319.80 299.97 317.21 328.95 348.72 359.70 339.90 294.20 MAHANAGAR TELEPH 107.30 -0.10 106.99 105.22 103.21 104.85 107.28 109.74 111.91 111.75 101.60 MAHINDRA & MAHIN 551.45 31.05 536.08 529.61 489.91 518.67 537.48 570.39 587.95 555.00 474.90 MARUTI UDYOG 614.00 41.30 593.21 588.93 553.72 581.61 603.03 635.55 655.57 623.00 553.00 MPHASIS 212.50 -2.30 213.28 209.96 202.81 206.86 213.17 218.83 224.63 224.00 203.05 ONGC CORPN 1003.05 20.90 995.99 991.04 972.88 984.23 997.35 1016.23 1026.91 1022.00 971.00 POLARIS SOFTWARE 103.75 0.75 102.14 98.19 99.08 101.03 103.32 106.05 108.09 105.40 94.05 RANBAXY LABS 516.75 -5.90 514.29 503.19 481.66 497.29 520.27 539.83 561.62 542.00 477.20 RELIANCE CAPITAL 1406.50 64.20 1367.23 1326.04 1287.24 1341.70 1381.43 1446.47 1482.93 1417.80 1226.65 RELIANCE COMM 442.70 4.05 448.10 462.74 431.35 435.38 441.48 448.84 453.87 512.55 410.30 RELIANCE ENERGY 1046.35 43.40 1020.48 993.53 978.11 1008.37 1030.45 1068.56 1088.16 1050.00 906.65 RELIANCE INDS 2276.05 33.65 2258.23 2226.78 2180.45 2219.80 2255.68 2312.13 2342.53 2349.80 2100.05 SATYAM COMPUTER 399.80 3.55 395.17 389.09 392.21 394.51 398.30 403.61 406.41 402.50 371.00 STATE BANK 1578.40 67.90 1529.88 1476.94 1432.85 1499.84 1544.80 1623.65 1664.95 1586.00 1325.00 STEEL AUTHORITY 151.15 0.30 148.60 144.08 139.11 144.57 152..47 159.08 166.63 160.00 132.15 STERLITE INDS (I) 581.35 -42.85 603.47 611.50 545.31 561.16 592.78 613.10 643.39 651.00 570.00 SUZLON ENERGY 240.40 4.65 236.40 228.45 229.58 234.10 238.32 244.64 248.29 249.35 214.10 SYNDICATE BANK 60.30 2.85 58.24 56.74 55.12 57.49 59.27 62.09 63.73 60.90 51.05 TATA MOTORS 408.65 11.65 404.08 406.82 389.32 397.47 405.48 416.71 423.74 430.00 389.25 TATA POWER COMP 1101.90 -17.55 1110.16 1100.73 1047.07 1070.38 1104.03 1135.70 1166.74 1175.00 1055.55 TATA STEEL 675.90 -15.65 675.20 658.86 635.18 653.03 676.33 699.31 721.03 700.00 595.00 TCS 829.70 14.35 827.36 824.85 795.67 809.60 823.32 843.49 855.20 856.95 800.00 UNION BANK 149.30 8.90 143.10 136.65 134.85 141.53 146.42 154..22 158.76 150.95 116.05 VSNL 445.20 9.30 442.82 438.74 415..05 428.48 442.65 459.45 472.58 467.25 408.50 WIPRO LTD 447.55 16.10 437.68 426.32 413.13 428.69 439.88 458.81 468.95 450.00 387.10 ZEE TELEFILMS 207.15 3.65 204.75 204.93 198.24 201.93 205.92 211.16 214.65 224.50 188.00

Bar Reversal Up/ Down, Engulfing in Daily Chats (Min Avg Volume >100000/Day)

Scrip Scrip Scrip Scrip Bar-Up Bar-Dn Eng-Bull Eng-Bear RELIANCE INDS RANBAXY LABS * BSE - SENSEX TATA STEEL ICICI BANK GHCL LARSEN & TOUBRO GUJ NRE COKE LARSEN & TOUBRO CENTURION BANK HDFC LTD TATA CHEM STATE BANK TATA CHEM HDFC BANK ROLTA (I) INFOSYS TECHNOLO TITAN INDS BANK OF INDIA MUKAND LTD BHARTI AIRTEL GITANJALI GEMS WIPRO LTD SUZLON ENERGY ORCHID CHEM BOMBAY DYEING JINDAL STEEL POW MCLEOD RUSSEL SUN PHARMACEUTIC BANK OF INDIA GEOMETRIC SOFTWA PRAJ INDS