FII DATA

FII
26/09: -643.04 Cr. (Prov)
DII
26/09: 543.57 Cr. (Prov)
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NIFTY FUT: If downtrend continues then it will fall up to 3973.80-3975.80 zone. Rallies up to 4038.20 can be used to sell. SL at 4119.00 level.

In the options segment, the largest build-up in a call is at 4300 and those in a put is at 4100, making 4100-4300 the battle zone, at least in the first few days of the October series. However, given that the build-up at the 4300 call is less than half of what the build-up is at the 4100 put, 4100 becomes a far bigger support than the resistance that 4300 is expected to offer.

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NIFTY FUT: If downtrend continues then it will fall up to 4014.20-4016.20 zone. Rallies up to 4058.40 can be used to sell. SL at 4119.00 level.

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Cash Market Intra-Day: Sell PIRHEALTH (NSE Cash CMP 329.85) for Intra-Day gains. Stop Loss at 333.85 level

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US bailout in chaos, government seizes WaMuhttp://www.ibnlive.com/rd/?y=4507

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Cash Market Intra-Day: Buy TULIP (NSE Cash CMP 919.00) for Intra-Day gains. Stop Loss at 915.00 level.

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NIFTY FUT: If downtrend continues then it will fall up to 4034.40-4036.40 zone. Rallies up to 4078.60 can be used to sell. SL at 4119.00 level.

INTRADAY CALL

NIFTY FUT: Sell with a Stop Loss of 4119.00 level. Target at 4064.70-4066.70 zone.

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SENSEX (Pre-Market): Weak opening expected. Expected to open weak at around 170-190 points lower.

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OUTLOOK FOR 26TH SEP 2008

GM!!!!!

"Ideas Won't Work Unless We Do."

NIFTY FUTURES (F & O)

Above 4178 level, expect short covering up to 4208-4210 zone by non-stop.

Support at 4145 & 4149 levels

. Below these levels, selling may continue up to 4137 level and thereafter it can tumble up to 4115-4117 zone.

Do remember that, 4105-4107 zone should not be allowed to break on down side.

On Positive Side, rallies up to 4238-4240 zone can be used to sell. Stop Loss at 4248-4250 zone.

Short-Term Investors:

Short-Term Upward Target at 4279-4281 zone.

Short-Term Support at at 4075-4077 zone.

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Inflation came in at 12.14% unchanged for the week ended September 13.
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Strong & Weak futures

This is list of 10 Strong Future:

Mosear Bear, National Alu, Syndicate Bk, ACC, Indian Oversea, Jindal Saw Ltd., BPCL, HDFC, Allahabad Bk & Ongc

And this is the list of 10 Weak stocks:

Rajesh Exp. Jaiprakash. KPIT, Info edge, Sobha Delevoper, Birla corp., Lanco Infra, NIIT & Ranbaxy.

Nifty is in Down Trend.

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EXIDE INDS (NSE Cash): Likely to Zoom.

Technically it should go up.

If crosses & sustains at above 68 level then uptrend may continue.

Support at 61 level

. It should not be allowed to break at any cost.

HERO HONDA FUTURES (NSE): Likely to Zoom

. Technically it should go up.

If crosses & sustains at above 869 level then uptrend may continue.

Support at 846 level.

It should not be allowed to break at any cost.

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FII DATA yesterday

FII25/09: -1050.38 Cr. (Prov)

DII25/09: 605.59 Cr. (Prov)

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The Dow Jones Industrial Average closed at 11,022.06. Up by 196.89 points.

The Broader S&P 500 closed at 1,209.18. Up by 23.31 points.

The Nasdaq Composite Index closed at 2,186.57. Up by 30.89 points.

The partially convertible rupee <INR=IN> ended at 46.20/22 per dollar on yesterday, weaker than 45.95/96 at close on Wednesday.

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AUTO INDEX Stocks May Zoom

--
Arvind Parekh
+ 91 98432 32381