Outlook for this week 08/09/08 to 12/09/08

08-Sep-08 to 12-Sep-08

Have a nice trading day...

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Before market open have a glance

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Watch : SenSex & Nifty for this Week :

SenSex

Close..............: 14483.33

Support............: 14000

Resistance.........: 14700

Next Resistance....: 15600


Nifty

Close...............: 4352.30

Support.............: 4300

Next Support........: 4200

Resistance..........: 4525

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Watch : +Ve/-ve Sectors for this Week

Oil & Gas ( Good, few companys only )

Metal ( Weak )

IT ( Good )

Bank ( Good )

Auto ( Good )

Mine ( Good )

If market shows any strenght then u may see Bank and IT will move Up
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Watch : +Ve Stocks for this Week

HDFC, ABAN, CENTURYTEX { Looking Good }

ABAN CMP 2294.70 : Resistance1 2325 : Resistance2 2500 : Support 2275

cENTURYTEX CMP 484.75 : Support 475 : Resistance1 508 : Resistance2 540

Long Term

'HDFC BANK' { Good }
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News 2 be Watch for this week

GLOBAL FACTOR

CRUDE OIL

INFLATION

IIP DATA

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FI's Activities 04-Aug-08 to 08-Aug-08

Dated...... Purchase Sale.. Invest..Investment
........... (----->Rs. Crore<-----) $ US mm

05 Sep 2008 2617.20 3016.40 -399.10 -98.90
04 Sep 2008 2844.10 1506.70 1337.40 331.50
02 Sep 2008 1348.80 1520.50 -171.70 -42.60
01 Sep 2008 2669.70 2926.80 -257.00 -63.70

NOTE: The above report is compiled on the basis of reports
submitted to SEBI by custodians and constitutes trades conducted by
FIIs on and upto the previous trading day.

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Derivatives Summary

[b]Derivatives Summary[/b]

. Nifty (September) future premium increased to 13.40 points
from 8.30 points and around 8.49 lakh shares were added in
open interest.

. Total open interest in the market was Rs72,762 crore and Rs954
crore were added in open interest.

. Nifty call option added 20.83 lakh shares in open interest,
whereas put option added 4.56 lakh shares in open interest.

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Inflation at 12.34%, well below consensus estimate

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Corporate Actions (Dividends, Results)

SYMBOL.....Ex-Date....Purpose
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ABAN.......08-Sep-08..DIVIDEND - 180%
BPCL.......10-Sep-08..AGM/DIVIDEND - 40%
JINDALSTEL.12-Sep-08..AGM/DIVIDEND - 250%