>INSIDER TRADING 24-11-09(Medicare investments buys MAX india)

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
533029	ALKALI METALS LTD.	Dr. YVSS Murty	06/11/2009	S	42000		5656966	55.56
533029	ALKALI METALS LTD.	Dr. YVSS Murty	12/11/2009	S	10921		5416659	53.19
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	05/11/2009	B	13864	0.05	12382384	48.09
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	05/11/2009	B	2014	0.00	12368520	48.84
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	06/11/2009	B	20563	0.08	12429721	49.09
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	06/11/2009	B	26774	0.10	12409158	49.00
532548	CENTURY PLYBOARDS (I) LTD.	Pooja Agarwal	03/11/2009	S	35000		285500
532548	CENTURY PLYBOARDS (I) LTD.	Pooja Agarwal	03/11/2009	S	65000		320500
532491	ECE INDUSTRIES LTD.	ECE Industries Ltd	06/11/2009	S	200000	0.75	600000	2.25
532636	INDIA INFOLINE LTD.	Mohan Radhakrishnan	05/11/2009 - 10/11/2009	S	45000		17500
532636	INDIA INFOLINE LTD.	Mohan Radhakrishnan	11/11/2009 - 12/11/2009	S	15000		2500
504336	INDTRADECO LTD.	Varsha Industrial Township Organisers Pvt Ltd	--	S	5000000	1.90
532942	KNR CONSTRUCTIONS LTD.	B V Rama Rao	04/11/2009 - 05/11/2009	S	7089		24911	0.09
500247	KOTAK MAHINDRA BANK LTD.	Jishma P Saraiya	06/11/2009	S	1960		0	0.00
500247	KOTAK MAHINDRA BANK LTD.	Manav Aggarwal	05/11/2009	S	2250		0	0.00
500247	KOTAK MAHINDRA BANK LTD.	Paul Parambi	06/11/2009	S	7000		9959
500247	KOTAK MAHINDRA BANK LTD.	Sudhir Khanna	06/11/2009	S	1000		7849
507759	LIME CHEMICALS LTD.	Tejas Shah	--
523371	MAWANA SUGARS LTD.	Usha International Ltd	04/11/2009	B	4383561	12.54	4383561	12.54
500271	MAX INDIA LTD.	Medicare Investments Ltd	04/11/2009	B	46000	0.02
500271	MAX INDIA LTD.	Medicare Investments Ltd	05/11/2009	B	25442	0.01	11968340	5.15
590011	MOVING PICTURE COMPANY (INDIA) LTD.	Satish Chander Shukla	--
530605	NOVA PETROCHEMICALS LTD.	Chiripal Industries Ltd	15/10/2009	S	150000	0.55	3322000	12.30
530605	NOVA PETROCHEMICALS LTD.	Chiripal Industries Ltd	15/10/2009	S	150000	0.55	3472000	12.86
530605	NOVA PETROCHEMICALS LTD.	Savitridevi V Chiripal	15/10/2009	B	100000	0.37	500200	1.85
530605	NOVA PETROCHEMICALS LTD.	Urmiladevi J Agarwal	15/10/2009	B	50000	0.18	450200	1.66
530605	NOVA PETROCHEMICALS LTD.	Urmiladevi J Agarwal	15/10/2009	B	50000	0.18	500200	1.84
530605	NOVA PETROCHEMICALS LTD.	Vishal V Chiripal	15/10/2009	B	100000	0.37	500200	1.85
532944	ONMOBILE GLOBAL LTD.	OnMobile Systems Inc	05/11/2009	S	295239	0.51	24694698	42.46
532944	ONMOBILE GLOBAL LTD.	OnMobile Systems Inc	05/11/2009	S	300000	0.52	24989937	42.97
532748	PRIME FOCUS LTD.	Neeta Malhotra	05/11/2009 - 11/11/2009	B	7100		29318	0.22
506172	SAMPADA CHEMICALS LTD.	Himalaya Builders Pvt Ltd	--	S	14100
500376	SATYAM COMPUTER SERVICES LTD.	Shanmugam Balasubramaniam	03/11/2009	S	1000		41108
500376	SATYAM COMPUTER SERVICES LTD.	Shanmugam Balasubramaniam	04/11/2009	S	1000		40108
500376	SATYAM COMPUTER SERVICES LTD.	Shanmugam Balasubramaniam	30/10/2009	S	1000		42108
500376	SATYAM COMPUTER SERVICES LTD.	Vijayanand Vadrevu	--
526981	SHRI BAJRANG ALLOYS LTD.	Anand Goel (Revised)	09/11/2009 - 10/11/2009	B	1500		197485	2.19
514211	SUMEET INDUSTRIES LTD.	Sushil Kumar Somani	07/10/2009 - 09/10/2009	B	109600	0.27	1212400	3.03

531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	05/11/2009	Acq	15878	0.06	12382384	48.90	#
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	05/11/2009	Acq	15878	0.06	12382384	48.90	*
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	06/11/2009	Acq	47337	0.18	12429721	49.09	#
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	06/11/2009	Acq	47337	0.18	12429721	49.09	*
532548	CENTURY PLYBOARDS (I) LTD.	Pooja Agarwal	03/11/2009	Sale	100000	0.04	285500	0.12	#
532548	CENTURY PLYBOARDS (I) LTD.	Pooja Agarwal	03/11/2009	Sale	35000	0.01	285500	0.12	*
532548	CENTURY PLYBOARDS (I) LTD.	Pooja Agarwal	03/11/2009	Sale	65000	0.02	320500	0.14	*
500085	CHAMBAL FERTILISERS & CHEMICALS LTD.	Poddar Heritage Investments Ltd	04/11/2009	Acq	100000	0.02	215407	0.05	#
500085	CHAMBAL FERTILISERS & CHEMICALS LTD.	Hindustan Times Ltd	05/11/2009	Acq	10000	0.00	46884396	11.26	#
532491	ECE INDUSTRIES LTD.	ECE Industries Ltd	06/11/2009	Sale	200000	0.75	600000	2.25	#
532684	EVEREST KANTO CYLINDER LTD.	Suman Khurana	03/11/2009	Acq	10000	0.01	14041235	13.88	*
504336	INDTRADECO LTD.	Varsha Industrial Township Organisers Pvt Ltd	12/11/2009	Sale	5000000	1.90	10701850	4.09	#
532783	LT FOODS LTD.	India Agri Business Fund Ltd	09/11/2009	Acq	3835015	14.68	3835015	14.68	*
523371	MAWANA SUGARS LTD.	Usha International Ltd	04/11/2009	Acq	4383561	12.54	4383561	12.54	#
530605	NOVA PETROCHEMICALS LTD.	Chiripal Industries Ltd	15/10/2009	Sale	150000	0.55	3322000	12.30	#
530605	NOVA PETROCHEMICALS LTD.	Chiripal Industries Ltd	15/10/2009	Sale	150000	0.55	3472000	12.86	#
530605	NOVA PETROCHEMICALS LTD.	Savitridevi V Chiripal	15/10/2009	Acq	100000	0.37	500200	1.85	#
530605	NOVA PETROCHEMICALS LTD.	Urmiladevi J Agarwal	15/10/2009	Acq	50000	0.18	450200	1.66	#
530605	NOVA PETROCHEMICALS LTD.	Urmiladevi J Agarwal	15/10/2009	Acq	50000	0.18	500200	1.84	#
530605	NOVA PETROCHEMICALS LTD.	Vishal V Chiripal	15/10/2009	Acq	100000	0.37	500200	1.85	#
506172	SAMPADA CHEMICALS LTD.	Himalaya Builders Pvt Ltd	06/11/2009	Sale	14100	0.29	851250	17.09	#
506172	SAMPADA CHEMICALS LTD.	Himalaya Builders Pvt Ltd	06/11/2009	Sale	14100	0.29	851250	17.09	*

RESEARCH REPORTS

>INSIDER TRADING 23-11-09(GMR holding increased its stake to 74.11% in GMRINFRA)

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
500013	ANSAL PROPERTIES & INFRASTRUCTURE LTD.	IPRO Funds Ltd	12/11/2009	B	9627485		9627485
532523	BIOCON LTD.	Dr Neville C Bain	06/11/2009	S	25000		800000	0.40
523207	CAMLIN LTD.	Comgest Growth India	--	S	1200000	2.00	2700000	4.49
500124	DR.REDDY'S LABORATORIES LTD.	V V Parsuram	03/11/2009	S	100		3370
500124	DR.REDDY'S LABORATORIES LTD.	V V Parsuram	09/11/2009	S	400		2970
532754	GMR INFRASTRUCTURE LTD.	GMR Holdings Pvt Ltd	04/11/2009	B	500271	0.01	2717855706	74.11
500180	HDFC BANK LTD.	A Rajan	06/11/2009	S	1000		63507
500180	HDFC BANK LTD.	A Rajan	09/11/2009	S	1000		62507
500180	HDFC BANK LTD.	G Sabramanian	09/11/2009	S	1500		75800
532740	LOKESH MACHINES LTD.	Srinivas Mullapudi	30/10/2009	S	100000		1009906	8.57
500257	LUPIN LTD.	Udayan S Ambegaokar	05/11/2009	S	100		5785	0.00
502157	MANGALAM CEMENT LTD.	ECE Industries Ltd	06/11/2009	S	200000	0.75	600000	2.25
521018	MARAL OVERSEAS LTD.	Essay Marketing Co Ltd	13/11/2009	B	1040000	2.51	1846700	4.45
521018	MARAL OVERSEAS LTD.	HEG Ltd	13/11/2009	S	2360000	5.69	581000	1.40
521018	MARAL OVERSEAS LTD.	Jyoti Knits Pvt Ltd	13/11/2009	B	1320000	3.18	1978200	4.77
508989	NAVNEET PUBLICATIONS (INDIA) LTD.	Anil D Gala	05/11/2009	S	82500		4366325	1.83
508989	NAVNEET PUBLICATIONS (INDIA) LTD.	Jaini A Gala	05/11/2009	B	82500		105000	0.04
508989	NAVNEET PUBLICATIONS (INDIA) LTD.	Jitendra L Gala	05/11/2009	B	1755000		3759925	1.58
508989	NAVNEET PUBLICATIONS (INDIA) LTD.	Shan Sandeep Gala	05/11/2009	B	500000		522500	0.22
508989	NAVNEET PUBLICATIONS (INDIA) LTD.	Shantilal R Gala	05/11/2009	S	500000		1198500	0.50
508989	NAVNEET PUBLICATIONS (INDIA) LTD.	Vimlaben S Gala	05/11/2009	S	1755000		782475	0.33
590057	NORTHGATE TECHNOLOGIES LTD.	B Suseelamma	09/11/2009	S	25666	0.07	0	0.00
590057	NORTHGATE TECHNOLOGIES LTD.	G Kalpana	09/11/2009	S	46130	0.13	66362	0.19
532949	PIRAMAL GLASS LTD.	Samit Datta	24/09/2009	B	12435		15988	0.02
500302	PIRAMAL HEALTHCARE LTD.	A K Bhat	09/11/2009 - 10/11/2009	S	1500		11250	0.00
532527	RAMKRISHNA FORGINGS LTD.	Ramkrishna Forgings Employee Welfare Trust	10/11/2009	B	10355
532527	RAMKRISHNA FORGINGS LTD.	Ramkrishna Forgings Employee Welfare Trust	10/11/2009	B	15000
507458	UNITED BREWERIES (HOLDINGS) LTD.	Asia Pacific Performance	10/11/2009	S	374352	0.56	1848731	2.77
524212	WANBURY LTD.	Expert Chemicals (I) Pvt Ltd	--	S	50000	0.34	2594439	17.66
531335	ZYDUS WELLNESS LTD.	Rupa Nitinkumar Parekh	09/11/2009	B	5000	0.01	5000	0.01

500013	ANSAL PROPERTIES & INFRASTRUCTURE LTD.	IPRO Funds Ltd	12/11/2009	Acq	9627485	8.48	9627485	8.48	#
500139	FEDDERS LLOYD CORPORATION LTD.	Airserco Pvt Ltd	28/10/2009 - 05/11/2009	Acq	119594		807146	2.62	#
532312	GEOMETRIC LTD.	Godrej Investments Pvt Ltd (PAC with the promoter i.e Godrej and Boyce mfg.co.Ltd.)	09/11/2009	Acq	12000	0.02	6562655	10.56	*
532424	GODREJ CONSUMER PRODUCTS LTD.	Godrej & Boyee Mfg Co Ltd	09/11/2009	Acq	30296727	9.83	127426815		*
515147	HALDYN GLASS GUJARAT LTD.	Gujarat Industrial Investment Corporation Ltd	09/11/2009	Sale	1207	0.02	583522	10.84	#
532368	LGS GLOBAL LTD.	Venkata Subba Rao Karusala	03/11/2009	Acq	221321	0.87	663963	2.61	#
532368	LGS GLOBAL LTD.	Venkateswara Rao Kadaiyala	03/11/2009	Acq	221321	0.87	663963	2.61	#
532368	LGS GLOBAL LTD.	Venkata Subba Rao Karusala	05/11/2009	Acq	50000	0.20	713963	2.81	#
532368	LGS GLOBAL LTD.	Venkateswara Rao Kadaiyala	05/11/2009	Acq	50000	0.20	713963	2.81	#
502157	MANGALAM CEMENT LTD.	ECE Industries Ltd	06/11/2009	Sale	200000	0.75	600000	2.25	#
502157	MANGALAM CEMENT LTD.	ECE Industries Ltd	06/11/2009	Sale	200000	0.75	600000	2.25	*
521018	MARAL OVERSEAS LTD.	Essay Marketing Co Ltd	13/11/2009	Acq	1040000	2.51	1846700	4.45	#
521018	MARAL OVERSEAS LTD.	Essay Marketing Co Ltd	13/11/2009	Acq	1040000	2.51	1846700	4.45	*
521018	MARAL OVERSEAS LTD.	HEG Ltd	13/11/2009	Sale	2360000	5.69	581000	1.40	#
521018	MARAL OVERSEAS LTD.	HEG Ltd	13/11/2009	Sale	2360000	5.69	581000	1.40	*
521018	MARAL OVERSEAS LTD.	Jyoti Knits Pvt Ltd	13/11/2009	Acq	1320000	3.18	1978200	4.77	#
521018	MARAL OVERSEAS LTD.	Jyoti Knits Pvt Ltd	13/11/2009	Acq	1320000	3.18	1978200	4.77	*
532527	RAMKRISHNA FORGINGS LTD.	Riddhi Portfolio (P) Ltd & PAC	10/11/2009	Acq	25355	0.16	8249503	53.81	#
532527	RAMKRISHNA FORGINGS LTD.	Riddhi Portfolio (P) Ltd & PAC	10/11/2009	Acq	25355	0.16	8249503	53.81	*
532879	SIR SHADI LAL ENTERPRISES LTD.	Rajat Lal	05/11/2009	Acq	3000	0.05	890930	16.97	#
532879	SIR SHADI LAL ENTERPRISES LTD.	Vivek Viswanathan	06/11/2009	Acq	3000	0.05	1118044	21.29	#
532447	SOLVAY PHARMA INDIA LTD.	Bhavook Tripathi	09/10/2009	Acq	3728	0.07	253934	5.03	*
524212	WANBURY LTD.	Expert Chemicals (I) Pvt Ltd	--	Sale	50000	0.34	2594439	17.66	#

RESEARCH REPORTS

>Reliance Industries Elliott Wave Analysis

Reliance Industries Super heavy weight on Nifty and Sensex ,Much depends on this
Stock movement.It can be seen from time to time with similarity in nifty and reliance
chart.

The present structure in Reliance can also be seen in Nifty nice impulsive rises in both.
In reliance it looked like a extension of 3rd wave of the local impulse which started from
1800.
Let me attach a chart which is self explanatory ,The spike we saw in reliance could be the
start of the 5th up of the present local impulse up.This 5th up can find resistance near 2200 and may end there,And commence corrective
abc from there,Would elaborate more as and when it happens.

Regards
Rish
RESEARCH REPORTS

>Nifty Elliott Wave Analysis(A different count)

Nifty did not behave how it was expected in the previous post.
Wave analysis :) bit tedious ahemm.. but we continuously keep trying till we get it
correct ,That's how things work (U give up and the next moment it works)!!

Well i am putting up a different count here ,This is not a trade idea it a possibility
If things go the way i expect.

In last count (nifty counts) the C down of 4th wave could have got over near 4540
the wave till 4540 from the high of 5180 was a 5 wave down of a smaller degree.

The wave which started from 4540 could well be the 5th up ,The chart here i am posting
is a loose chart the levels are not calculated yet its just to show the possibility of the move
once the move starts in that direction would refine and calculate respective wave targets.
Attaching a chart to show it .

Regards
Rish
RESEARCH REPORTS