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