>INSIDE TRADING 16-12-2008

532628 3i Infotech limited Mr. Anirudh Prabhakaran 15/12/2008 B 1000 1000 519183 ADF Foods Limited. Mr. Bhavesh Ramesh Thakkar 08/12/2008 B 500 1614238 9.13 500425 Ambuja Cements Ltd. P B Kulkarni 06/12/2008 S 5000 832184 0.05 523377 Apar Industries Ltd Dr. D N Desai 10/12/2008 B 5736 6443986 19.92 523377 Apar Industries Ltd Shri Kushal N Desai 10/12/2008 B 7948 6396229 19.78 523377 Apar Industries Ltd Shri C N Desai 10/12/2008 B 10000 6312432 19.52 530355 Asian Oilfield Services Ltd. Avinash Chandra Manchanda 08/12/2008 B 925 269606 2.39 530355 Asian Oilfield Services Ltd. Enso Oil Pvt Ltd 10/12/2008 S 130000 1.15 740000 6.56 500038 Balrampur Chini Mills Ltd. Kamal Nayan Saraogi 10/12/2008 - 11/12/2008 B 1000000 0.40 34840520 13.63 512296 Bhagyanagar India Limited Surana Telecom and Power Ltd 02/12/2008 - 06/12/2008 B 132391 338520 0.45 532454 Bharti Airtel Ltd. Mrs.Archana Gupta(w/o Akhil Gupta) 08/12/2008 - 10/12/2008 S 15000 1124192 0.06 532454 Bharti Airtel Ltd. Ms.Vijaya Sampath 11/12/2008 S 4000 30000 532929 Brigade Enterprises Limited M R Jaishankar 10/12/2008 B 2849 22862108 20.37 530871 Chembond Chemicals Ltd. Visan Holdings & Financial Ser Pvt Ltd. 11/12/2008 B 700 107036 502820 DCM Ltd., Aggresar Leasing & Finance Pvt Ltd 08/12/2008 B 248775 1.43 3727536 21.44 506401 Deepak Nitrite Limited C K Mehta 01/12/2008 - 04/12/2008 B 5694 272383 3.04 522163 Diamond Cables Ltd. Diamond Projects Ltd 28/11/2008 B 299885 -- 522163 Diamond Cables Ltd. Diamond Projects Limited 04/12/2008 B 115000 1911125 9.43 504000 Elpro International Ltd., Faridabad Investent Company Ltd 03/12/2008 - 04/12/2008 B 30000 1650642 41.77 526227 Filatex India Ltd. Purrshottam Bhaggeria 04/12/2008 - 05/12/2008 B 31405 1433899 8.37 532622 GATEWAY DISTRIPARKS LTD. Aranda Investments (Mauritius) Pte Ltd 11/12/2008 B 25000 0.02 7199725 6.53 532312 Geometric Ltd Godrej Investments Pvt Ltd 01/12/2008 - 05/12/2008 B 22496 0.04 5578139 8.98 532715 Gitanjali Gems Ltd. Mehul C Choksi 10/12/2008 B 25000 0.03 36269000 42.64 532715 Gitanjali Gems Ltd. Mehul C. Choksi. 11/12/2008 B 47500 0.05 36316500 42.69 501455 Greaves Cotton Ltd. M/s Karun Carpets Pvt Ltd 03/12/2008 - 08/12/2008 B 3853 -- 532836 Gremach Infrastructure Equipments & Projects Limited Swiss Finance Corporation(Mauritius) Ltd 04/12/2008 S 10000 0.07 548247 3.60 517271 HBL Power Systems Ltd. A J Prasad 01/12/2008 B 55001 0.23 1918341 7.90 500875 ITC Ltd Mr. B B Chatterjee 04/12/2008 S 3000 41000 532976 Jai Balaji Industries Limited Jai Salasar Balaji Industries Pvt Ltd. 11/12/2008 B 77683 0.17 1595994 3.39 532976 Jai Balaji Industries Limited Jai Salasar Balaji Industries Pvt Ltd. 10/12/2008 B 53225 0.11 1518311 3.22 513250 Jyoti Structures Ltd., Birla Sun Life Mutual Fund. 11/12/2008 B 13582 0.01 4088280 5.00 532732 Kewal Kiran Clothing Ltd. Mr. Kewalchand P Jain 10/12/2008 B 7400 623650 5.06 532732 Kewal Kiran Clothing Ltd. Mr.Hemant P Jain 10/12/2008 B 12200 623450 5.06 500241 Kirloskar Brothers Ltd., Better Value Holdings Pvt Ltd. 10/12/2008 B 40482 0.03 52962978 50.07 500241 Kirloskar Brothers Ltd., Better Value Holdings Pvt Ltd. 08/12/2008 B 3243 0.00 52922496 50.03 512559 Kohinoor Foods Ltd Temptation Foods Ltd. 10/12/2008 B 300000 1.13 2750648 500247 Kotak Mahindra Bank Ltd. Mr. Puneet Periwal 11/12/2008 S 5000 285 500247 Kotak Mahindra Bank Ltd. Mr. C Jayaram 11/12/2008 S 30000 285250 500257 Lupin Ltd Varun Khanna 02/12/2008 S 138 49500 0.06 500257 Lupin Ltd Varun Khanna 03/12/2008 S 250 49250 0.05 532720 Mahindra & Mahindra Financial Services Limited Mr. Bharat N Doshi 11/12/2008 S 12919 73287 0.07 500520 Mahindra & Mahindra Ltd. Life Insurance Corporation of India 25/04/2008 - 01/12/2008 B 22867 45546295 17.61 532892 Motilal Oswal Financial Services Limited New Vernon India Ltd 05/12/2008 B 17126 12009937 8.46 500304 NIIT Ltd., Mrs. Neeti Pawar (w/o Rajendra S Pawar) 10/12/2008 - 11/12/2008 B 350001 1703600 11.03 532541 NIIT Technologies Limited Rajendra Singh Pawar 05/12/2008 B 115001 761390 1.30 522205 Praj Industries Ltd. Ms. Parimal Chaudhari 08/12/2008 B 35964 6673077 3.64 522205 Praj Industries Ltd. Mr. Pramod Chaudhari 08/12/2008 B 96642 28905849 15.76 522205 Praj Industries Ltd. Ms. Parimal Chaudhari 05/12/2008 B 60201 6637113 3.62 526247 Premier Explosives Ltd. A N Gupta - HUF 05/12/2008 B 6094 0.08 360081 4.43 530695 Prime Property Development Corporation Ltd. Padamshi L Soni 08/12/2008 B 4701 8916183 44.58 530695 Prime Property Development Corporation Ltd. Padamshi L Soni 10/12/2008 B 1265 8917448 44.59 526801 PSL Limited Ashok Punj 24/11/2008 - 08/12/2008 B 10000 4907890 11.49 532915 Religare Enterprises Ltd Indopark Holdings Limited 05/12/2008 S 3763092 4.94 -- 530461 Saboo Sodium Chloro Ltd. Smriti Farms Pvt Ltd 01/12/2008 S 410000 3.76 215000 1.97 526885 Sarla Performance Fibers Ltd Hindustan Cotton Company 29/10/2008 - 08/11/2008 B 234424 3.37 2114729 30.43 500376 Satyam Computer Services Ltd Manish Mehta 05/12/2008 S 500 268420 0.03 500376 Satyam Computer Services Ltd Manish Mehta 10/12/2008 - 11/12/2008 S 4500 263420 511413 Sharyans Resourses Ltd. Caprilloy Polymers Pvt Ltd 10/12/2008 B 43350 0.29 630000 4.23 526981 Shri Bajrang Alloys ltd. Neeta Goel. 24/11/2008 B 45000 -- 532833 SPARSH BPO SERVICES LIMITED Mr. Kapil Puri 01/12/2008 B 1798 0.01 1125242 6.97 521200 Suryalakshmi Cotton Mills Ltd. L. N. Agarwal. 11/12/2008 B 25000 1164916 8.72 532299 Television Eighteen India Ltd. Passport India Investments (M) Ltd. 11/12/2008 B 1122502 0.94 6054010 5.05 532356 Triveni Engineering & Industries Ltd Mrs. Rati Sawhney 04/12/2008 - 08/12/2008 B 256521 20194909 7.83 532953 V-Guard Industries Ltd. Kochouseph Chittilappilly 05/12/2008 - 08/12/2008 B 17473 6483742 21.72 511333 VLS Finance Limited VLS Capital Ltd. 10/12/2008 B 2899 0.00 11829335 29.72 511147 Wall Street Finance Ltd. Reliance Money Express Ltd. 10/12/2008 B 14444 0.12 3927829 33.79 531845 Zenith Birla (India) Limited Birla Bombay Pvt Ltd 10/12/2008 S 463950 900000

B - Buy

S - Sale

RESEARCH REPORTS

>Technical Analysis Nifty

Its been quite some time since i posted analysis on Nifty .
In the last analysis Nifty Analysis I discussed about this full
structure from 2250 oct low could turn out to be either a
bearish Flat or a triangle.

The things are slowly getting cleared.

The rise after the lower target of 2500 till now is turning out to be a 3 wave.
Which can target 3130-3150 before any big fall.

So,Here are the options.

First if its a triangle 2 important things to watch out.

Nifty touches 3130-3150 and falls below 2800(Which confirms that this is a triangle)

Second If its a bearish flat it can target higher levels than (3130-3150)

The required condition to be fulfilled for this to happen would be

Once nifty touches (3130-3150) any corrective fall after that should not breach
2800.

Of course once bearish flat upper targets are done then 2800 will not hold any significance.
So keep the levels handy and trade accordingly.

Regards
Rish


RESEARCH REPORTS

>INSIDE TRADING 15-12-2008

520155 ABG Infralogistics Ltd Mrs. Archana Saket Agarwal. 19/11/2008 - 21/11/2008 B 3758 0.02 12478 0.09 532141 Andhra Cement Ltd., Mr. Shrivardhan Goenka 03/12/2008 B 30000 0.02 30000 0.02 524804 Aurobindo Pharma Ltd. Trident Chemphar Ltd. 11/12/2008 B 66500 0.12 636000 1.18 513375 Carborundum Universal Ltd., A.Vellayan. 11/12/2008 B 12500 328630 0.35 513375 Carborundum Universal Ltd., V.Arunachalam. 11/12/2008 B 7500 116870 0.13 513375 Carborundum Universal Ltd., V.Narayanan. 11/12/2008 B 7500 127950 0.14 530871 Chembond Chemicals Ltd. Visan Holdings & Financial Ser Pvt Ltd. 10/12/2008 B 250 106336 532339 Compucom Software Lt. Compucom Technologies Pvt Ltd. -- B 19000 0.07 2577536 10.26 532640 Cyber Media (India) Ltd. Pradeep Gupta 08/12/2008 B 14603 0.15 2539076 25.39 532640 Cyber Media (India) Ltd. Mrs.Anuradha Gupta (W/O Pradeep Gupta) 10/12/2008 B 15570 0.16 330714 3.30 523890 D.S.Kulkarni Developers Ltd Citigroup Global Markets (M) Pvt Ltd. 05/12/2008 S 100000 0.39 1290651 5.00 511072 Dewan Housing Finance Corpn. Ltd., M/s Wadhawan Holdings Pvt Ltd 05/12/2008 B 15510 0.03 3859553 6.38 511072 Dewan Housing Finance Corpn. Ltd., M/s Wadhawan Holdings Pvt Ltd 08/12/2008 B 27055 0.04 3886608 6.42 522163 Diamond Cables Ltd. Diamond Tele Cabs Pvt Ltd. 02/12/2008 B 700000 3.32 2087900 10.70 532751 EASUN REYROLLE LTD. Principal Mutual Fund Schemes 04/12/2008 S 190000 0.91 653982 3.15 532696 Educomp Solutions Ltd Merrill Lynch Capital Mkt Espana SA SV 05/12/2008 S 170000 0.98 500349 2.09 530323 ERA Infra Engineering Ltd M/s Marigold Promoters Private Limited 04/12/2008 B 7500000 5.24 7500000 5.24 532823 Euro Ceremics Ltd Mr. Pratik K Shah 10/12/2008 B 150000 161160 0.94 532768 FIEM INDUSTRIES LIMITED Seema Jain. 10/12/2008 B 11739 1457852 12.19 532345 Gati Limited Mahendra Kumar Agarwal 10/12/2008 - 11/12/2008 B 19154 1637418 1.93 504028 GEE Ltd. Mr. Shankarlal Agarwal. 11/12/2008 B 10000 1134453 7.64 504028 GEE Ltd. Mr. Ramkishan Agarwal. 11/12/2008 B 28986 562986 3.79 532754 GMR Infrastructure Limited GMR Holdings Private Ltd 08/12/2008 - 10/12/2008 B 1855000 0.10 1341288610 73.67 522073 Hi-Tech Gears Ltd., Mr. Pranav Kapuria 05/12/2008 - 08/12/2008 B 425 388938 4.14 522073 Hi-Tech Gears Ltd., Mr. Anuj Kapuria 05/12/2008 - 08/12/2008 B 801 405498 4.32 532808 House of Pearl Fashions Limited Deepak Seth 08/12/2008 B 22519 0.11 1220365 6.25 532873 Housing Development & Infrastructure Ltd Ashok Kumar Gupta 28/11/2008 B 700200 0.25 755800 0.27 517380 Igarashi Motors India Ltd. Tree Line Asia MasterFD(Sing)Pte Ltd 10/12/2008 S 84000 0.60 594935 4.29 512185 IOL Netcom Ltd Primier Millennium Mkg & Trading Pvt Ltd 02/12/2008 S 13259 0.05 26741 0.10 512185 IOL Netcom Ltd Primier Millennium Mkg & Trading Pvt Ltd 03/12/2008 S 26741 0.10 -- 532379 IQMS Software Ltd. Dr. Vivek Hebbar 03/12/2008 - 05/12/2008 B 50000 0.03 400000 0.21 506943 J.B. Chemicals & Pharmaceuticals Lt Bharat P Mehta 12/12/2008 B 15000 251525 0.30 530405 Jindal Capital Ltd. Sarita Agarwal. 08/12/2008 B 6714 138154 4.31 511131 Kamanwala Housing Construction Ltd Mr. Sorabh Gupta 25/11/2008 - 08/12/2008 B 93000 330635 2.35 511131 Kamanwala Housing Construction Ltd Sudha Gupta 25/11/2008 - 08/12/2008 B 93000 330920 2.35 511131 Kamanwala Housing Construction Ltd Mr. Sorabh Gupta 05/12/2008 S 6639 -- 532720 Mahindra & Mahindra Financial Services Limited Mr. Bharat N Doshi 10/12/2008 S 9081 86206 0.08 516007 Mangalam Timber Products Ltd., Smt. Vidula Jalan. 10/12/2008 B 5601 65118 0.35 501343 Motor & General Finance (M.G.F.) Lt MGF Services Ltd. -- B 894 0.00 349014 1.80 500307 Nirlon Limited, Citigroup Global Mkt(Mauritius) Pvt Ltd 04/12/2008 S 1500000 2.58 1791457 3.08 532391 Opto Circuits (India) Ltd. Mrs. Usha Ramnani 05/12/2008 B 15000 5896135 3.68 531120 Patel Engineering Ltd Patel Realtors Pvt Ltd 09/12/2008 B 5791 0.01 14169725 23.75 531120 Patel Engineering Ltd Patel Engg. Employee Welfare Trust 04/12/2008 B 2195 3350000 5.61 531120 Patel Engineering Ltd Patel Realtors Pvt Ltd 08/12/2008 B 9209 0.02 14163934 23.74 530305 Piccadily Agro Industries ltd. Sh. Siddhartha Vashishta 01/12/2008 - 05/12/2008 B 36262 0.16 1862468 7.90 507498 Piccadily Sugar & Allied Ltd. Sh. Siddhartha Vashishta 01/12/2008 - 05/12/2008 B 19716 0.07 4624684 15.67 506605 Polychem Ltd Virsun Investments Pvt Ltd 08/12/2008 B 269 0.07 85285 21.11 500370 Salora International Limited Shri. S. R. Jiwarajka. 29/11/2008 - 03/12/2008 B 3844 0.04 36844 0.41 532793 Shree Ashtavinayak Cine Vision Ltd Dahlia Traders Pvt Ltd 10/12/2008 S 2000 0.02 3405827 32.50 532833 SPARSH BPO SERVICES LIMITED Mr. Kapil Puri 05/12/2008 B 20 1125727 6.97 523756 SREI Infrastructure Finance limited Rajdeep Khullar 05/12/2008 S 10000 0.01 13700 0.01 513216 Uttam Galva Steels Ltd. Somerset Emerging Opportunities Fund 07/11/2008 B 1100000 0.97 6366561 5.59 532824 Vijayeswari Textiles Ltd. M/s Seshraj Enterprises Pvt Ltd 10/12/2008 B 20000 0.11 7037162 38.73 524200 Vinati Organics Ltd., Suchir Chemicals Pvt Ltd 03/12/2008 B 1288 936405 9.48 532298 Zenith Infotech Ltd. Raj Kumar Saraf (HUF). -- B 102870 0.87 1139870 9.67

B - Buy

S - Sale

RESEARCH REPORTS

>USA Government bailout hits $8.5 trillion

RESEARCH REPORTS