>INSIDER TRADING 04-02-2009

532633 Allsec Technologies Ltd. A. Saravanan 28/01/2009 B 78485 2222686 14.59 532633 Allsec Technologies Ltd. R. Jagadish 28/01/2009 B 78784 2197685 14.42 532828 AMD Industries Ltd Harshwarup Gupta 03/02/2009 B 2314 2058314 10.73 507828 Ansal Housing & Construction Ltd., Divya Ansal 02/02/2009 B 34493 0.20 746647 4.25 523377 Apar Industries Ltd Dr N D Desai 29/01/2009 - 30/01/2009 B 1915 6604401 20.42 523377 Apar Industries Ltd Shri C N Desai 29/01/2009 - 30/01/2009 B 5495 6473676 20.02 500039 Banco Products (India) Ltd., Mehul K Patel 30/01/2009 - 02/02/2009 B 27747 4280835 6.02 531590 Bilpower Ltd. Suresh Kumar Choudhary. 30/01/2009 B 2845 0.02 276137 2.63 511196 Can Fin Homes Ltd., Canara Bank 27/01/2009 B 1000 8176367 39.90 524768 Emmessar Biotech & Nutrition Ltd. Mr. M S Raghavan Ayyangar 01/01/2009 - 30/01/2009 B 12501 33747 0.68 532345 Gati Limited Mahendra Kumar Agarwal 28/01/2009 - 03/02/2009 B 16707 1842308 2.17 509567 Goa Carbon Ltd., Shrinivas V Dempo 30/01/2009 B 3000 108311 1.18 532015 Gravity (India) Ltd. Smt. Dakshaben R Thakkar 28/01/2009 B 15000 0.17 103725 1.15 509631 HEG Ltd. Deutsche Securities Mauritius Ltd 28/01/2009 S 14000 0.03 0 3.08 500202 India Lease Devl. Ltd., MGF Services Ltd. 30/01/2009 B 750 0.00 275193 2.69 532479 ISMT Limited Mr. A K Jain 29/01/2009 B 14818 1995927 1.36 500875 ITC Ltd Dr. B Sen 27/01/2009 B 47890 295100 500875 ITC Ltd Mr. B B Chatterjee 28/01/2009 S 2860 38140 0.00 530773 IVRCL Infrastructures & Projects Ltd. K Ashok Reddy 16/01/2009 S 500 21500 0.01 502901 Jam Shri Ranjitsinghji Spg.& Wvg.Mi Navaratan Damani. 29/01/2009 - 30/01/2009 B 599 0.01 259934 7.42 532732 Kewal Kiran Clothing Ltd. Mr. Kewalchand P Jain 29/01/2009 B 30000 672250 5.45 532732 Kewal Kiran Clothing Ltd. Mr. Hemant P Jain 29/01/2009 B 40000 687150 5.57 532732 Kewal Kiran Clothing Ltd. Mr. Dinesh P Jain 29/01/2009 B 50000 710150 5.77 532732 Kewal Kiran Clothing Ltd. Mr. Vikas P Jain 29/01/2009 B 50000 710286 5.77 531131 Mascon Global Ltd Mr. K Chandra 30/01/2009 B 2046784 24198833 6.51 532865 Meghmani Organics Ltd. Deepmala A Patel -- B 30000 0.01 30000 0.01 532865 Meghmani Organics Ltd. Chinubhai R Shah -- B 1000 1000 532865 Meghmani Organics Ltd. Pallavi Chinubhai Shah -- B 684 684 532865 Meghmani Organics Ltd. Balkrishna Tulsidas Thakkar -- B 2000 2000 501343 Motor & General Finance (M.G.F.) Lt MGF Services Ltd. -- B 6873 0.03 475910 2.45 501343 Motor & General Finance (M.G.F.) Lt MGF Services Ltd. -- B 2114 0.01 478024 2.46 500304 NIIT Ltd., Ms. Neeti Pawar 30/01/2009 B 46000 2177887 1.32 500304 NIIT Ltd., Ms. Renuka Vijay Thadani 30/01/2009 B 41929 1628422 0.99 532391 Opto Circuits (India) Ltd. Mrs. Usha Ramnani 29/01/2009 B 10000 5913135 3.66 532466 Oracle Financial Services Software Limited Deepak Kumar Bhatia 30/01/2009 - 02/02/2009 S 1125 16475 500315 Oriental Bank Of Commerce The Children's Investment Master Fund 28/01/2009 S 683834 0.27 10858598 500344 Punjab Tractors Ltd., Mahindra & Mahindra Ltd 02/02/2009 S 39270165 64.64 -- 500376 Satyam Computer Services Ltd FID FDS (Mauritius) Ltd & PAC 28/01/2009 B 24371577 3.62 45752033 6.79 502563 Shree Bhawani Paper Mills Ltd., Sulochani Devi Tandon&Girish Tandon HUF 20/01/2009 B 10000 343449 2.09 502563 Shree Bhawani Paper Mills Ltd., Girish Tandon - HUF 20/01/2009 B 60000 395350 2.41 502563 Shree Bhawani Paper Mills Ltd., Meenu Tandon & Alankar Tandon HUF 20/01/2009 B 10000 106699 0.65 502563 Shree Bhawani Paper Mills Ltd., Alankar Tandon - HUF. 20/01/2009 B 10000 579100 3.53 502563 Shree Bhawani Paper Mills Ltd., Alankar Tandon. 20/01/2009 B 20000 0 1.51 502563 Shree Bhawani Paper Mills Ltd., Badri Vishal Tandon. 20/01/2009 B 40000 246998 1.50 502563 Shree Bhawani Paper Mills Ltd., Sulochani Devi Tandon&Badri V Tandon HUF 20/01/2009 B 10000 295149 1.80 502563 Shree Bhawani Paper Mills Ltd., Badri Vishal Tandon & Meenu Tandon HUF 20/01/2009 B 10000 52000 0.32 502563 Shree Bhawani Paper Mills Ltd., Badri Vishal Tandon HUF 20/01/2009 B 40000 261050 0.59 502563 Shree Bhawani Paper Mills Ltd., Badri Vishal Tandon&Girish Tandon HUF 20/01/2009 B 40000 356248 2.17 532874 Suryachakra Power Corporation Ltd. Mrs. M Mangatayaru 27/01/2009 - 29/01/2009 B 4028 1306345 1.70 531703 Tribhuvan Housing Ltd. Sigrun Realities Ltd. 30/01/2009 B 75200 0.76 1187402 11.86 531703 Tribhuvan Housing Ltd. Mr. C R Rajesh Nair. 30/01/2009 B 218664 2.18 518664 5.18 511333 VLS Finance Limited VLS Capital Ltd. 28/01/2009 B 2900 0.00 11885071 29.86 511333 VLS Finance Limited VLS Capital Ltd. 30/01/2009 B 6729 0.01 11897292 29.89 511333 VLS Finance Limited VLS Capital Ltd. 30/01/2009 B 9154 0.02 11906446 29.91 511147 Wall Street Finance Ltd. Reliance Money Express Ltd. 29/01/2009 B 1850 0.02 4151092 35.71 511147 Wall Street Finance Ltd. Reliance Money Express Ltd. 30/01/2009 B 1026 0.01 4152118 35.72

B - Buy

S - Sale

>INSIDER TRADING 03-02-2009

530027 Aadi Industries Ltd Rushabh Shah 19/12/2008 B 28254 2186612 43.67 530027 Aadi Industries Ltd Rushabh Shah 05/01/2009 B 4993400 49.93 7180012 71.80 511196 Can Fin Homes Ltd., Canara Bank 22/01/2009 - 23/01/2009 B 113234 0.55 8175367 39.90 532751 EASUN REYROLLE LTD. Power Ventures Holdings (I) Pvt Ltd 31/12/2008 - 28/01/2009 B 362326 2098867 10.10 504000 Elpro International Ltd., Faridabad Investment Co. Ltd -- B 30000 0.75 1696642 42.93 526227 Filatex India Ltd. Nouvelle Securities Pvt Ltd 27/01/2009 B 17565 0.10 375512 2.19 532976 Jai Balaji Industries Limited Jai Salasar Balaji Industries Pvt Ltd. 14/01/2009 - 27/01/2009 B 17819 0.04 2198689 4.67 500247 Kotak Mahindra Bank Ltd. Mr. R Sundarraman 29/01/2009 S 5000 27050 501343 Motor & General Finance (M.G.F.) Lt MGF Services Ltd. -- B 10571 0.05 469037 2.42 531092 OM Metals Infraprojects Ltd T C Kothari & Sons Family Trust 28/01/2009 - 29/01/2009 B 3500000 3.63 10485524 10.89 511754 Shalibhadra Finance Ltd. Mrs.Sheetal M Doshi 28/01/2009 B 101 1034625 20.68 508905 SMIFS Capital Markets Ltd., Sudha Commercial Company Ltd 21/01/2009 B 140500 2.52 140500 2.52 532833 SPARSH BPO SERVICES LIMITED Mr. Kapil Puri (Revised) 22/01/2009 - 23/01/2009 B 7003 0.04 1203797 7.45 532356 Triveni Engineering & Industries Ltd Dhankari Investments Ltd. 29/01/2009 B 710000 0.27 14009045 5.43 532356 Triveni Engineering & Industries Ltd TOFSL Trading & Investments Ltd. 29/01/2009 S 710000 0.27 4867361 1.89 511333 VLS Finance Limited VLS Capital Ltd. 28/01/2009 B 871 11882171 29.85 511333 VLS Finance Limited VLS Capital Ltd. 28/01/2009 B 2900 0.01 11885071 29.86

B - Buy

S - Sale

RESEARCH REPORTS

>INSIDER TRADING 02-02-2009

532828 AMD Industries Ltd Harswarup Gupta 30/01/2009 B 149 2056000 10.72 507828 Ansal Housing & Construction Ltd., Glorious Properties Pvt Ltd 27/01/2009 B 18089 0.10 809679 4.60 507828 Ansal Housing & Construction Ltd., Global Consultants & Designers Pvt Ltd 27/01/2009 B 18465 0.10 1055919 6.00 523377 Apar Industries Ltd Shri Kushal N Desai 28/01/2009 B 75000 6554729 20.27 523377 Apar Industries Ltd Shri C N Desai 28/01/2009 B 72249 6468181 20.00 523377 Apar Industries Ltd Dr. N D Desai 27/01/2009 B 55000 6527486 20.18 523377 Apar Industries Ltd Shri C N Desai 27/01/2009 B 55000 6395932 19.77 523377 Apar Industries Ltd Dr. N D Desai 28/01/2009 B 75000 6602486 20.41 523377 Apar Industries Ltd Shri Kushal N Desai 27/01/2009 B 55000 6479729 20.03 508136 B & A Ltd. Hemendra Prasad Barooah. 21/01/2009 B 948 847130 27.32 500039 Banco Products (India) Ltd., Mehul K Patel 29/01/2009 B 778 4253088 5.99 532330 Biopac India Corporation Ltd Pankaj B Doshi 27/01/2009 B 1800 3196414 19.97 530763 Bubna Stock Broking Services Ltd. Rachana Bubna 31/12/2008 S 600000 -- 530763 Bubna Stock Broking Services Ltd. Rajendra Bubna 31/12/2008 S 803000 -- 530871 Chembond Chemicals Ltd. Visan Holdings & Fianancial Ser Pvt Ltd. 27/01/2009 B 4064 138848 505242 Dynamatic Technologies Ltd., Udayant Malhoutra 01/10/2008 - 30/12/2008 B 12293 -- 0.00 526227 Filatex India Ltd. Nouvelle Securities Pvt Ltd 28/01/2009 B 20050 0.12 395562 2.31 526227 Filatex India Ltd. Novelle Securities Pvt Ltd 29/01/2009 B 20299 0.12 415861 2.43 532312 Geometric Ltd Godrej Investments P Ltd 29/01/2009 B 600000 0.97 6178139 9.95 524226 Gujarat Ambuja Exports Ltd. Manish Kumar Gupta. 23/01/2009 B 455 33863320 24.48 524226 Gujarat Ambuja Exports Ltd. Manish Kumar Gupta. 27/01/2009 B 18980 33882300 24.49 532479 ISMT Limited Mr. A K Jain 27/01/2009 B 20000 1961109 1.34 532479 ISMT Limited Mr. A K Jain 28/01/2009 B 20000 1981109 1.35 532976 Jai Balaji Industries Limited Jai Salasar Balaji Industries Pvt Ltd. 23/01/2009 B 1246 0.00 2180870 4.63 502901 Jam Shri Ranjitsinghji Spg.& Wvg.Mi Navratan Damani. 27/01/2009 B 167 0.00 259335 7.41 523712 JMG Corporation Ltd Mahendra Kumar Shah. 22/01/2009 B 808841 4.99 809841 5.00 523712 JMG Corporation Ltd B.N. Enterprises Ltd. 22/01/2009 S 808841 4.99 1724203 10.65 523712 JMG Corporation Ltd Jagdish Das Shah. 22/01/2009 B 163916 1.01 2380850 14.71 523712 JMG Corporation Ltd B.N. Enterprises Ltd. 22/01/2009 S 163916 1.01 1560287 9.64 500241 Kirloskar Brothers Ltd., Better Value Holdings Pvt Ltd. 22/01/2009 - 23/01/2009 B 14885 0.01 52978438 50.09 532819 MindTree Limited Krishnakumar N 27/01/2009 B 1357 2009542 5.29 532819 MindTree Limited Ashok Soota 29/01/2009 B 7000 4445631 11.70 509760 Modern Shares and Stockbrokers Ltd. Bhagwanti Exports Pvt Ltd -- B 1735 0.05 967884 33.02 501343 Motor & General Finance (M.G.F.) Lt MGF Services Ltd. -- B 3216 0.01 458466 2.36 500304 NIIT Ltd., Ms. Renuka Vijay Thadani 27/01/2009 - 28/01/2009 B 56206 1422133 0.86 500304 NIIT Ltd., Ms. Neeti Pawar 27/01/2009 B 45776 2131887 1.29 504864 Orissa Sponge Iron And Steel Limited Prakausali Investments (India) Pvt. Ltd -- S 522900 2.61 -- 526801 PSL Limited Ashok Punj 20/01/2009 - 23/01/2009 B 12000 4919890 11.51 526801 PSL Limited Alok Punj 19/01/2009 - 22/01/2009 B 7000 1321000 0.30 517214 Spice Mobiles Ltd Mr. Krishan Lal Chugh 22/01/2009 S 8189 -- 532804 Technocraft Industries (India) Ltd. Sharad Kumar Saraf 30/01/2009 B 25000 359802 1.14 532804 Technocraft Industries (India) Ltd. Sudarshan Kumar Saraf 30/01/2009 B 24594 8690020 27.56 532804 Technocraft Industries (India) Ltd. Sudarshan Kumar Saraf 29/01/2009 B 25000 8665426 27.49 532804 Technocraft Industries (India) Ltd. Sharad Kumar Saraf 29/01/2009 B 25000 334802 1.06 532477 Union Bank of India Life Insurance Corporation Of India 06/11/2008 - 28/01/2009 B 10649294 2.10 36117191 7.15 511333 VLS Finance Limited VLS Capital Ltd. 27/01/2009 B 11166 0.02 11881300 29.85 523628 Wearology Ltd. Citron Finlease Pvt Ltd. 28/01/2009 B 20139 0.39 197012 3.79

B - Buy

S - Sale

RESEARCH REPORTS

>Reliance communication Technical Analysis feb 2009

Reliance communication at present levels can give a good trading setup.
A fall towards 160 levels should be bought with a stoploss of 155 for a target
of 185-195.
Chart shows a steep reaction to resistance at 240-260 which saw stock
falling steeply to 170 level with the kindoff structure in formation now
it looks like a short term bottom is in place hence we have the trading opportunity.
This view would be considered wrong if Rcom makes a new low without touching 185.

Read what broker houses say about Reliance communication


RESEARCH REPORTS