Market Guidance for 28th August 2006

Dear All ,

Iam Back again . Since i was held up in personal work towards the end of lastweek I couldnt update this page . Sorry for that.

Friends the asian markets are trading weak due to a negative close in US markets. That can be witnessed today in our markets today. Our markets have been trading range bound for the last week. We can witness a downturn in markets at anytime . Extreme volatality to prevail today.

So trade cautiuosly .

Buy Apollo tyres above 290 with a target of 302/311 & stop loss @ 284

Happy trading .

Regards.,
Muthu Kumar.K
kmk_most@rediffmail.com