Market summary 13-Feb-08

Indian martkets are going through a very bad taste as of now, even a good newz and well positive cues are not able to sustain the gains in our indices, yesterday the mid cap was looking like some one is cutting slices in that segment , the mid cap fell and it was red all the way although the pain was not seen in the Front liners and the end was almost flat .. but the mid cap holders can feel the pain and how deep it was u can also realize if u are holding few of them in ur portfolio..

The volatility was upto its peak and the graph can show u the result ,, the ups and downs of +250 to flat also had beed very choopy , Right now the sentiments of Indina investors are badley hurt and no one is putting money , FII are controling the sensex with daily fresh shorts are crested , every rise we see fresh sell off in the markets..

SEBI is planing to put circuit filter in the FNO segment too, The proposed plan would be very good point as far investors are concerned.. The plan when we have seen almost 50-100 % rise in single day in some equities in last days and the fell was as worse..

Yesterday we traded abv mark of 4800 , and we belive 4800 plays a very crucial lvls here..

Strong Global cueus may gv us strength to open in green , but similar kind of choppiness is expected to day also..
Lots of volatility and ups and downss..

Investors should buy keeping 4-5 months time frame in their mind and we will assure to 70-100 % returns through moneygurus..

Although wEhave given our buying call yesterday and are advising to start their buys from thez lvls..

4600 in nifty is possible but that would'nt make much diff in prices as the mid cap and small cap sector we liike is almot bottomed out..

From these lvls we dont see much downside in thses segmnts..

Watch out for ..
NTPC is in talks with GE, Kyushu Electric Power Co. of Japan and Brookfield Power Corp of Canada for a JV in renewable power generation..

TCS plans to reorganise its global operations into integrated, customer-centric units to enhance customer focus, drive operational agility and address growth opportunities..

L&T bags Rs14.4bn order from Netherlands to supply eight lift vessels..

JSW Steel is focusing on improving efficiency and profitability levels of the three companies it acquired recently in Texas, US. ..

ICICI Bank, HDFC Bank and IDFC in the race to acquire Sabre Capital's stake in Centurion Bank of Punjab..

watch out for banking sector today..

Thermax is strengthening its presence in the water treatment business; plans to look at opportunities in cities, SEZs and municipal facilities..
Thermax enters into a technical collaboration with Babcock & Wilcox Power Generation Group to foray into utility boilers of up to 800MW..

Indo Tech Transformers has commissioned a plant to manufacture 220Kv and 400Kv class power transformers near Kancheepuram..

Pyramid Samaria to acquire a UK theatre chain company..
Trade with SL .. as choppy sesion expected..
Have agrt DAY !!!

Nifty can be traded with sl of 4780 .. as long it trades abv 4800 we have resis at nifty at 4950 lvls,, if nifty croses 5000 one can trade long , below 4800 , the lvls are 4700 and 4600 in nifty.