Market Guidance for 18th Septembr 2006

Dear All,

Very good morning to all .

Though the sentiment is bullish overall , But i expect the Sensex to retrace atleast 300 points this weekend . All three major indices looks over bought & are staying close to resistance . If they broke this resistance we can witness Sensex rallying to 12500 in couple of days . But people will tend to book profits from today . So please avoid taking any fresh positions . Try to book profit as muh as possible today at higher levels .

UTIBank is at resistance 350 . A positive breakout can take it to 375 & reverse will take the price to 325 . So wait today & we can proceed accordingly tommorow.

Prismcement has broken 40 barrier , we can witness it go up to 45.50 in short term . Indiabulls has given buy call for this .

Hold on Ashokleyland till i tell u to sell off.

Happy trading .,
Regards.,
Muthukumar.K
kmk_most@rediffmail.com

Market Guidance for 15th Septembr 2006

Dear All,

We can see profit booking at higher levels today . Range bound & stock specific activities can be witnessed today . Exit IDBI as its declining because of strong resistsnce around 70 levels . Hold on to Ashokleyland .

Regards.,
Muthukumar.K
kmk_most@rediffmail.com

Market Guidance for 14th Septembr 2006

Dear All,

Markets to remain bullish today also . Try to book profits at higher levels.

Hold on to IDBI & Ashokleyland.

Happy trading.

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

Market Guidance for 13th Septembr 2006

Dear All ,

Sorry that i coudnt be in touch with u all for a week , because I met with an accident & some family functions . I request u all to forgive me all for this .

Today the markets will be bullish as US markets had posted a strong gain . Also crude has fallen below 64$/barrel . Asia markets are trading strong. So we can see that sentiment to prevail in our market too .

RBI has approved UWB's Merger with IDBI . So we can see lot of action in IDBI stock . Play with it for intraday & BTST .

Regards.,
Muthukumar.K
kmk_most@rediffmail.com .

Market Guidance for 5th Septembr 2006

Dear All ,


Iam not feeling well , so will see u tommorow .


Hold on to Ashok Leyland .


Happy onam to all .


Regards.,
Muthukumar.K
kmk_most@rediffmail.com

Market Guidance for 4th September 2006

Dear All ,

The firm closing of US markets on friday night is helping the asian markets to trade healthily. This will have a direct impact on our indices. We can see our stocks zooming on back of these global cues , but people will try to book profit at higher levels . So try to sell off in higher levels .

As i told couple of days back , Ashok leyland has broken in to the fourties . We can witness it rally towards 45/48 . So Buy Asokley land above 41 with a target of 42.50 / 43.25 / 44.50 with a stop loss at 40.

Happy trading for All !!!!!

Regards.,

Muthukumar.K

kmk_most@rediffmail.com

Market Guidance for 1st Septembr 2006

Dear All frnds .,

Hope u made some money in my yesterdays call on Syndicate Bank . As i predicted profit booking at higher levels brought down the indices slightly . Market is showing signs of weakness . So a small correction is in the offing . US markets has closed slightly down & asian markets are ttrading weak . Also crude is now near 71$ because of tension in Iraq. These global cues will definitely have an effect on our markets . So it will be bearish today .

Buy Motherson Sumi above 87 target 92/96 stoploss at 84.50


Happy Trading !!!!!!!!!!!!!!!!!!!!!!!!


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