>INSIDER TRADING 27-10-09

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
511072	Dewan Housing Finance Corporation Ltd	Wadhawan Holdings Pvt Ltd	08/10/2009	B	3000	0.00	6848279	8.35
530023	Fortune Financial Services India Ltd	Mrs Jalpa Nimish Shah	09/10/2009	B	10000		505342	4.55
512493	Garnet International Ltd	Indira Gaggar & PACs	09/10/2009	B	3200	0.07	2539683	53.75
531863	Gee Kay Finance & Leasing Company Ltd	C R Rajesh Nair	16/10/2009	B	39300	0.14	532454	1.90
532980	Gokul Refoils & Solvent Ltd	Pacific Corporate Services Ltd	--	B	10500	0.04	1022919	3.88
532980	Gokul Refoils & Solvent Ltd	Pacific Corporate Services Ltd	--	B	15848	0.06	1012419	3.84
532980	Gokul Refoils & Solvent Ltd	Pacific Corporate Services Ltd	--	B	21026	0.08	996571	3.78
500160	GTL Ltd	S C Sahasrabudhe	29/09/2009	B	27000	0.03	27000	0.03
504336	Ind Tra Deco Ltd	Varsha Industrial Township Organisers Pvt Ltd	--	S	1500000	0.57
504076	Jyoti Ltd	Harakosan Co Ltd	--	S	255000	1.96	313712	2.41
514450	Mahalaxmi Rubtech Ltd	Amita A Parekh	15/10/2009	S	11111	0.13	706039	8.00
524232	Maharashtra Polybutenes Ltd	Sunciti Financial Services Pvt Ltd	14/10/2009	S	1000000
532932	Manaksia Ltd	Varun Agrawal	09/10/2009	B	14000		2530680	3.64
532932	Manaksia Ltd	Vineet Agrawal	09/10/2009	B	16000		2111995	3.04
532466	Oracle Financial Services Software Ltd	Joseph John	14/10/2009	S	5000		36650
531273	Radhe Developers India Ltd	Jahnavi A Patel	30/09/2009	B	500000		53923114	21.41
532399	Reliance MediaWorks Ltd	AAA Entertainment Pvt Ltd	14/10/2009	S	4800000	10.41	0	0.00
532399	Reliance MediaWorks Ltd	Reliance Capital Ltd	14/10/2009	B	4800000	10.41	7755000	16.81
506172	Sampada Chemicals Ltd	Shree Satayanarain Properties Pvt Ltd	--	S	28000
532793	Shree Ashtavinayak Cine Vision Ltd	Dahlia Traders Pvt Ltd	09/10/2009	S	482440	0.46	33335830	31.81
500112	State Bank of India	Mrinal Shanker	07/10/2009	S	250
532757	Voltamp Transformers Ltd	Kunjal L Patel (Revised)	07/10/2009 - 08/10/2009	S	150000		147590	1.46
532757	Voltamp Transformers Ltd	Reliance Diversified Power Sector Fund of Reliance Mutual Fund	06/10/2009	S	75000	0.74	687957	6.79
511147	Wall Street Finance Ltd	Areef A Patel	08/10/2009	S	740000		8295	0.07
511147	Wall Street Finance Ltd	Asgar S Patel	08/10/2009	S	1260000		52
511147	Wall Street Finance Ltd	Spice Investments & Finance Advisors Pvt Ltd	08/10/2009	B	1243852	10.70	7172502	61.70

RESEARCH REPORTS

>INSIDER TRADING 26-10-09

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
523716	Ashiana Housing Ltd	Ankur Gupta	09/10/2009	B	44618		3983715	21.26
523716	Ashiana Housing Ltd	Ankur Gupta	09/10/2009	B	88479		2751191	14.68
523716	Ashiana Housing Ltd	Ankur Gupta	12/10/2009	B	16874		4000589	21.35
523716	Ashiana Housing Ltd	Varun Gupta	10/10/2009	B	9000		3931997	20.99
523716	Ashiana Housing Ltd	Varun Gupta	12/10/2009	B	27811		3959808	21.13
523716	Ashiana Housing Ltd	Vishal Gupta	12/10/2009	B	4205		2755396	14.71
530355	Asian Oilfield Services Ltd	Krishna Kant	14/10/2009	S	186000		75230	0.67
530871	Chembond Chemicals Ltd	Dr Vinod D Shah	17/10/2009	B	76		450568
530871	Chembond Chemicals Ltd	Nirmal V Shah (HUF)	09/10/2009	B	200		575
500096	Dabur India Ltd	Devendra Garg	14/10/2009	S	3400		403868	0.05
532610	Dwarikesh Sugar Industries Ltd	G R Morarka	17/10/2009	B	500		2792885	17.12
532696	Educomp Solutions Ltd	Gopal Jain	15/10/2009	B	30000	0.16	30000	0.16
500010	Housing Development Finance Corporation Ltd	Keki M Mistry	14/10/2009 - 16/10/2009	B	2000		79500	0.02
500202	India Lease Development Ltd	Ram Prakash & Co Pvt Ltd	20/10/2009	B	3806	0.03	371596	3.64
530643	Infotrek Syscom Ltd	B K Soni HUF	14/10/2009	B	100		134447	2.64
532286	Jindal Steel & Power Ltd	Vikrant Gujral	14/10/2009	S	1000		63200
519570	Lakshmi Overseas Industries Ltd	Swiss Finance Corporation (M) Ltd	12/10/2009	B	34000	0.06	3189594	5.05
532621	Morarjee Textiles Ltd	Ashok Piramal Group Textiles Trust through its Trustee M/s. Urvi A Piramal	02/03/2009	B	6284687	34.59	6284687	34.59
531083	Nihar Info Global Ltd	B S N Suryanarayana	09/09/2009	S	14900
531083	Nihar Info Global Ltd	B S N Suryanarayana	10/09/2009	S	52600
531083	Nihar Info Global Ltd	B S N Suryanarayana	17/08/2009	S	5000
531083	Nihar Info Global Ltd	B S N Suryanarayana	18/08/2009	S	2500
532722	Nitco Ltd	Nitco Paints Pvt Ltd	--	B	643221	2.00	1151937	3.59
532527	Ramkrishna Forgings Ltd	Riddhi Portfolio (P) Ltd	14/10/2009	B	24813	0.16	6500831	42.41
532527	Ramkrishna Forgings Ltd	Riddhi Portfolio (P) Ltd	16/10/2009	B	16256	0.10	6517087	42.51
532527	Ramkrishna Forgings Ltd	Riddhi Portfolio (P) Ltd	16/10/2009	B	23724	0.15	6540811	42.67
533017	Resurgere Mines & Minerals India Ltd	Bhiwaji Dawbhat	15/10/2009	S	500
532404	Saven Technologies Ltd	Murty Gudipati	14/10/2009	B	24934		146859	1.35
532404	Saven Technologies Ltd	Murty Gudipati	15/10/2009	B	17400		164259	1.51
526981	Shri Bajrang Alloys Ltd	Anand Goel	16/10/2009	B	500		194485	2.16
508976	Spanco Ltd	Kapil Puri	17/10/2009	B	5000		9537576	33.98
532509	Suprajit Engineering Ltd	K Ajith Kumar Rai	16/10/2009	B	32000		4454696	37.12
532667	Suzlon Energy Ltd	Anita I Mangal	12/10/2009	S	10000		630000	0.04
500800	Tata Tea Ltd	Life Insurance Corporation of India	21/11/2007 - 05/10/2009	B	1473649	2.38	8619262	13.94

>Nifty Elliott wave possibilities

Hi Friends,
I hope these Nifty analysis post helped many to minimize their risk.
Nifty reversed from 5180 mentioned level,Well the fall from there has unfolded though
its still debatable whether A exhausted near 4968.

Three scenarios

1) 4th of A underway
2) 5th of A underway
3) B underway

Lets not get into describing the chances of any of the above possibilities.
The thing which looks eminent at current juncture is nifty should rise from present levels
or after some more fall ,I don't see nifty witness deep cut as of now with out rise.

Mondays trade should clear much dust and should reduce these alternative count possibilities.
The success of Elliott wave analysis lies in how well you adapt to the fast changing waves, For
this reason only an Elliott guy would usually have 2,3 counts on hand:)

Regards
Rish

PS:- The order of wave count yellow white red (Least to highest)



RESEARCH REPORTS

>INSIDER TRADING 23-10-09

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
531881	Arvind Chemicals Ltd	Ruchika Tradelink Pvt Ltd & Others	06/10/2009	B	5864	0.03	7201901	36.36
523716	Ashiana Housing Ltd	Ankur Gupta	08/10/2009	B	20601		3939097	21.02
500023	Asian Hotels Ltd	Sushil Kumar Gupta	12/10/2009	B	133800		455440	1.99
532406	Avantel Ltd	Swapna Kantheti	--	B	250	0.00	176214	3.74
532406	Avantel Ltd	Swapna Kantheti	--	B	750	0.01	176964	3.76
500039	Banco Products (India) Ltd	Overseas Pearl Ltd	09/10/2009	B	2832000		26909960	37.62
532363	Comp U Learn Tech India Ltd	Kishore Babu Ramineni	24/09/2009	B	650000	5.00	650000	5.00
512093	Cranes Software International Ltd	Macquarie Bank Ltd	05/10/2009	B	140000	0.12	5924524	5.03
500096	Dabur India Ltd	Ambati Sudhakar	14/10/2009	S	3200		185797	0.02
500096	Dabur India Ltd	Sunil Duggal	14/10/2009	S	10000		1331210	0.15
511072	Dewan Housing Finance Corporation Ltd	Wadhawan Holdings Pvt Ltd	06/10/2009	B	6000	0.01	6845279	8.35
531486	Filmcity Media Ltd	Wellness Communications Ltd	07/10/2009	S	1000000	0.36	124872772	44.93
531863	Gee Kay Finance & Leasing Company Ltd	C R Rajesh Nair	09/10/2009	B	138000		314324	1.12
532775	GTL Infrastructure Ltd	Charudatta Naik	03/10/2009	S	35000		1325900	0.14
522059	Indage Vintners Ltd	Merrill Lynch Cap Markets Espana SA SV	30/09/2009	S	54723	0.36	435127	2.85
500202	India Lease Development Ltd	Ram Prakash & Co Pvt Ltd	15/10/2009	B	2000	0.02	367790	3.60
532832	Indiabulls Real Estate Ltd	Sloane Robinson LLP & PACs	08/10/2009	B	1989892	0.50	21765663	5.42
530643	Infotrek Syscom Ltd	B K Soni HUF	05/10/2009	B	1500		102447	2.01
532771	JHS Svendgaard Laboratories Ltd	Advent Advisory Ser Pvt Ltd	30/09/2009	B	550000	3.81	1360000	9.41
532771	JHS Svendgaard Laboratories Ltd	Sushma Nanda	30/09/2009	B	800000	5.54	973533	6.74
512597	Keynote Corporate Services Ltd	Concept Communication Ltd	06/10/2009	B	17376		2062391	29.38
500257	Lupin Ltd	Bosco C Martins	14/10/2009	S	150
500257	Lupin Ltd	Dineshchandra Hegde	--
500257	Lupin Ltd	R Sridharan	14/10/2009	S	500		2000
500257	Lupin Ltd	Ratan Deep Bhatt	09/10/2009	B	2535		6100
500257	Lupin Ltd	Shrikant Kulkarni	09/10/2009	B	1890		1890
500257	Lupin Ltd	Vinod Dhawan	15/10/2009	S	2000		5140
501343	Motor & General Finance Ltd	Gee Gee Holdings (P) Ltd	14/10/2009	B	6684	0.03	287880	1.48
501343	Motor & General Finance Ltd	Gee Gee Holdings (P) Ltd	15/10/2009	B	5484	0.03	293364	1.52
513023	Nava Bharat Ventures Ltd	H B Ojha	15/10/2009	S	40		1200
513023	Nava Bharat Ventures Ltd	H B Ojha	16/10/2009	S	100		1100
513023	Nava Bharat Ventures Ltd	M Srinivas	15/10/2009	S	200		1850
513023	Nava Bharat Ventures Ltd	M Srinivas	16/10/2009	S	350		1500
523558	Network Ltd	San Share Shoppe Pvt Ltd	05/10/2009	B	1114000		3709000	7.55
533098	NHPC Ltd	S K Garg	26/08/2009	S	40000		10050
502420	Orient Paper & Industries Ltd	Chandrakant Birla (Received as a Beneficiary from Vishnu Bhandar (1962) Trust)	24/09/2009				2897570	1.50
502420	Orient Paper & Industries Ltd	Ganga Prasad Birla (Received as a Beneficiary from Woodland Trust)	24/09/2009				767700	0.40
502420	Orient Paper & Industries Ltd	Smt. Nirmala Birla (Received as a Beneficiary from Chandrakant Trust)	25/09/2009				2905980	1.51
532827	Page Industries Ltd	Sunder Genomal	14/10/2009	S	48		2338790	20.96
570002	Pantaloon Retail (India) Ltd-B-DVR	Vijay Biyani	--
532254	Polaris Software Lab Ltd	Orbitech Ltd	13/09/2004 - 30/09/2009	S	3776417	3.82	16469052	16.68
505368	Revathi Equipment Ltd	Renaissance Asset Mgmt Co Pvt Ltd	01/10/2009	B	17000	0.55	157413	5.13
506172	Sampada Chemicals Ltd	Shree Satayanarain Properties Pvt Ltd	--	S	120000
532900	SE Investments Ltd	Emerging India Focus Funds	--	B	241000
532900	SE Investments Ltd	Raj Agarwal	07/10/2009	S	241000
522085	Stone India Ltd	Shrivardhan Goenka	01/10/2009 - 06/10/2009	B	13000		135500	1.78
590047	Sundaram Multi Pap Ltd	Citigroup Global Mkt (Mauritius) Pvt Ltd	09/10/2009	B	4900000	6.82	4900000	6.82
532619	UTV Software Communications Ltd	Siddharth Roy Kapur	12/10/2009	B	3750		7500	0.02
519307	Vikas WSP Ltd	Anoop Goyal	01/08/2009	B	52000	0.04	52000	0.04
519307	Vikas WSP Ltd	Kishan Lal	01/08/2009	B	25000	0.02	25000	0.02
519307	Vikas WSP Ltd	Narendra Mohan Arora	01/08/2009	B	12000	0.00	12000	0.00
519307	Vikas WSP Ltd	Rakesh Jindal	01/08/2009	B	7500	0.00	7500	0.00
519307	Vikas WSP Ltd	Ravi Sharma	01/08/2009	B	11500	0.01	11500	0.01
519307	Vikas WSP Ltd	Ravinder Kr Gupta	01/08/2009	B	52000	0.04	52000	0.04
519307	Vikas WSP Ltd	Rupesh Goyal	01/08/2009	B	12000	0.00	12000	0.00
519307	Vikas WSP Ltd	Sanjay Pareek	01/08/2009	B	12000	0.00	12000	0.00
519307	Vikas WSP Ltd	Vishnu Bhagwan	01/08/2009	B	15000	0.01	15000	0.01
532757	Voltamp Transformers Ltd	Kunjal L Patel	07/10/2009 - 08/10/2009	S	150000

531881	Arvind Chemicals Ltd	Ruchika Tradelink Pvt Ltd & Others	06/10/2009	Acq	5864	0.03	7201901	36.36	#
502219	Borosil Glass Works Ltd	Freetown Traders Pvt Ltd & PACs	26/09/2009	Sale	117330	2.96	686824	17.33	#
532792	Cairn India Ltd	Cairn UK Holdings Ltd	15/10/2009	Sale	43600000	2.29	1183243791	62.39	*
532792	Cairn India Ltd	Petronas International Corporation Ltd	15/10/2009	Acq	43600000	2.30	283431438	14.94	*
532363	Comp U Learn Tech India Ltd	Kishore Babu Ramineni	14/10/2009	Acq	650000	5.00	650000	5.00	#
512093	Cranes Software International Ltd	Macquarie Bank Ltd	05/10/2009	Acq	140000	0.12	5924524	5.03	#
533109	Euro Multivision Ltd	Emerging India Focus Funds	24/09/2009	Acq	1546767	6.49	1546767	6.49	*
531486	Filmcity Media Ltd	Wellness Communications Ltd	07/10/2009	Sale	1000000	0.36	124872772	44.93	#
531486	Filmcity Media Ltd	Wellness Communications Ltd	07/10/2009	Sale	1000000	0.36	124872772	44.93	*
531486	Filmcity Media Ltd	Wellness Communications Ltd & PACs	07/10/2009	Sale	1000000	0.36	161661272	58.17	#
500202	India Lease Development Ltd	Ram Prakash & Co Pvt Ltd	15/10/2009	Acq	2000	0.02	367790	3.60	#
532832	Indiabulls Real Estate Ltd	Sloane Robinson LLP & PACs	08/10/2009	Acq	1989892	0.50	21765663	5.42	#
524731	Jenburkt Pharmaceuticals Ltd	Bhuta Holdings Pvt Ltd	06/10/2009	Acq	300	0.00	523876	11.26	#
524731	Jenburkt Pharmaceuticals Ltd	Ashish U Bhuta	06/10/2009 - 07/10/2009	Acq	6200	0.13	218497	4.70	#
524731	Jenburkt Pharmaceuticals Ltd	Uttam N Bhuta	06/10/2009 - 07/10/2009	Acq	6900	0.14	514269	11.06	#
532771	JHS Svendgaard Laboratories Ltd	Advent Advisory Ser Pvt Ltd	30/09/2009	Acq	550000	3.81	1360000	9.41	#
532771	JHS Svendgaard Laboratories Ltd	Sushma Nanda	30/09/2009	Acq	800000	5.54	973533	6.74	#
532901	Koutons Retail India Ltd	Passport India Investments (Mauritius) Ltd	14/10/2009	Sale	1136500	3.72	893802	2.93	*
519570	Lakshmi Overseas Industries Ltd	Swiss Finance Corporation (M) Ltd	12/10/2009	Acq	34000	0.06	3189594	5.05	*
501343	Motor & General Finance Ltd	Gee Gee Holdings (P) Ltd	15/10/2009	Acq	5484	0.03	293364	1.52	#
523558	Network Ltd	San Share Shoppe P Ltd	05/10/2009	Acq	1114000		3709000	7.55	*
523558	Network Ltd	San Share Shoppe Pvt Ltd	05/10/2009	Acq	1114000		3709000	7.55	#
530129	Nile Ltd	Sandeep Vuyyuru Ramesh	06/10/2009	Acq	2324	0.08	150910	5.03	*
531901	Saarc Net Ltd	Govind Sharda	01/10/2009	Sale	40000	0.00	19879839		#
531901	Saarc Net Ltd	Govind Sharda	08/10/2009	Acq	220000		20099839		#
531901	Saarc Net Ltd	Govind Sharda	09/10/2009	Acq	500000		20599839		#
531901	Saarc Net Ltd	Govind Sharda	14/10/2009	Acq	527735		21127574		#
506172	Sampada Chemicals Ltd	Shree Satayanarain Properties Pvt Ltd	15/10/2009	Sale	120000	2.41	103950	2.09	#
506172	Sampada Chemicals Ltd	Shree Satayanarain Properties Pvt Ltd	15/10/2009	Sale	120000	2.41	103950	2.09	*
532793	Shree Ashtavinayak Cine Vision Ltd	Dahlia Traders Pvt Ltd	09/10/2009	Sale	482440	0.46	33335830	31.81	*
531693	Shri Ganesh Spinners Ltd	Manju Jain & PACs	12/10/2009	Sale	118761	2.35	329339	6.50	#
590047	Sundaram Multi Pap Ltd	Citigroup Global Mkt (Mauritius) Pvt Ltd	09/10/2009	Acq	4900000	6.82	4900000	6.82	#
500148	Uflex Ltd	Apoorva Extrusion Pvt Ltd	15/10/2009	Acq	5380				#
500148	Uflex Ltd	Apoorva Extrusion Pvt Ltd	15/10/2009	Acq	5380				*
532432	United Spirits Ltd	Platinum Investment Management Ltd	15/10/2009	Acq	5054307	4.69	5415532	5.02	*
522080	Vulcan Engineers Ltd	Terruzzi Fercalx SPA	12/10/2009	Acq	2118160	43.76			#
522080	Vulcan Engineers Ltd	Terruzzi Fercalx SPA	12/10/2009	Acq	3350000	40.90	5468160		#
511147	Wall Street Finance Ltd	Areef A Patel	09/10/2009	Sale	740000	6.37	8295	0.07	*
511147	Wall Street Finance Ltd	Asgar S Patel	09/10/2009	Sale	1260000	10.83	52	0.00	*

RESEARCH REPORTS