Morning Call - Sep 5 2008

Market Grape Wine :

In House:

Cash: Sell GESHIP below 367 targets 350 with S/L 373.

Cash: Sell REL INFRA below 1024 target 980 with S/l 1045.

Future: Sell RELCAP below 1375 target 1310 with S/L 1395.

Future: Sell RPL below 156.50 targets 148 with S/L 160.

Out House:

Markets at a support of 14646 & 14532 and resistance at 15151 & 15024 levels .

Markets to be very choppy and volatile keep strict stop loss .

Buy : RIL at dips

Buy : ITC at dips

Buy : Srei

Buy : HLL

Buy : Hdfc at dips

Buy : Mcleodrussel

Buy : SBIN at dips

Buy : JSW & Sail at dips

Dark Horse : HDFC , McLloyd , RIL , Core , HLL , & ITC

TGIF : Thank God Its Friday : Markets to be range bound buy low sell high call for the day with negative Bias .