JAI SHRI KRISHNA US MKT CLOSED POSITIVE ASIAN MKTS ALMOST FLAT. WE HAVE SEEN A VERY VOLATILE SESSION YESTERDAY, AND BSE BREACHED THE JAN LOWS... SPREAD IN YOUR LIST TOMORROW*(FRIDAY) BY 9.30 TO 9.50 PRAY WITH OM 108 TIMES AND OM SHREEM MAHALAXMIYAI NAMAH 1008 TIMES. TO IMPROVE OUR STOCK MARKET CONDITION.. AT LEAST 1000 PEOPLE FROM DIFFERENT PART OF INDIA DO IT MEANS MARKET WILL IMPROVE BY ANY BOUND TOMORROW ITSELF THIS IS SERIOUS AND SPREAD AS MUCH AS YOU CAN.. BEING TOMORROW IS ASTAMI, SWATI START DAY AND FRIDAY MAHALAXMI TO B PROPITIATED. OM 108 TIMES MUST BABA RAMDEV ASKED THIS. IN VIEW OF USA RECESSION AND SUBPRIME PROBLEMS, WE ARE OVERDOING THE SELLING EVERYDAY. ANY HOW FOR THE TIME BEING MARKET IS IN OVERSOLD ZONE AND MAY BOUNCE UPTO 4700-4750. I AM OF THE OPINION THAT WE ARE AT THE YEAR'S LOW AND LONG OR MEDIUM TERM INVESTORS SHOULD START INVESTING SLOWLY SLOWLY. TRADERS MAY WAIT FOR SOME TIME AS IT NOT THE RIGHT TIME TO EVEN ADVICE SHORTING. WE SHOULD BOTTOM OUT AT OR AROUND 4500-4600 OR AT THE MOST 4400. DLF LTD.....BSE CODE : 532868 (606.75) BUY AROUND 600 TO 601 WITH SL OF 569 FOR A TARGET OF 635 , 650. MACHINO PLAST....BSE CODE : 523248 (72.35) BUY AROUND 73.00 TO 73.50 WITH SL OF 66 FOR A TARGET OF 10 TO 15% JUMP IN TODAY'S TRADE. NAGARJUNA FERTILIZERS....BSE CODE : 500075 (37.20) SHORT SELL !!! SELL, AROUND 37.90 TO 38 WITH SL OF 40.50 FOR A TARGET OF 35.10 TO 34.20GTL FUT : BUY WITH STOP LOSS OF 227 . . . . . TARGET OF 242, 247 . . . S. KUMAR SYN FUT :BUY WITH STOP LOSS OF 144 WITH TARGET OF 155, 160 . . . JET AIRWAYS FUT : BUY WITH TARGET OF 636, 650 . . . . . . .KEEP STOP LOSS OF 604. . . MARKET TREND -SHORT TERM -NEUTRAL INTERMEDIATE TERM- NEUTRAL LONG TERM-BEARISH THIS IS AN AREA TO BE CAUTIOUS. IF YOU ARE SHORT, CONSIDER PROTECTING YOUR PROFITS. NSE INDEX (C-4623.60) RESISTANCE 4690 4805 4980 NSE INDEX SUPPORT 4515 4400 BSE SENSEX (C-15357.35) RESISTANCE 15500 15745 16130 BSE SENSEX SUPPORT 15100 14840 NIFTY FUTURE (C-4597.30) RESISTANCE 4630 4705 4815 NIFTY FUTURE SUPPORT 4525 4445. NIFTY BELOW 4620- DOWN SIDE TARGET 4450- THEREAFTER 4094. BSE LIKELY TEST - 14700-14500-14300 HIGHER LEVEL STRONG HURDLE NIFTY 5190...5368. CLOSE BELOW 15332, NON STOP TARGET 14500, 14300 WHICH IS AGGRESSIVE BUYING ZONE AND DEAT CAT BOUNCE AREA. INFLATION FIGURE DUE IN MKT TODAY