>SBI Elliott wave analysis.

SBI has played a important role in Nifty rally post breaking out from sideways range.
Even in Index composition SBI comes next to only Reliance and ONGC .
Holds 5.19 in Nifty.

This stock after magnificent rally gaped down after bad results and have not looked back yet.
What could be next in store for it ,We will try to analyse in some time.

The fall from 3500+ levels was vicious and in a matter of days stock was hammered down to 3000 levels.The present structure i see in SBI post 3000 i can count only 3 waves in each leg
pointing to a triangle or wedge .

On daily chart a possibility of expanded flat is arising next few days of trade can throw more
bars on chart then i can analyse precizely.

Fresh short is not advised in stock at present levels Give stock some time.



RESEARCH REPORTS

>India vix

Volatility index (VIX) saw good reversal after completing a abc

Expect some consolidation in vix before it starts to rise again ,Conservative target is
shown on the above chart.So ideally nifty should try to take support near 6050-6020
and attempt a relief recovery ,Failing to hold these levels waves can extent the way it
happened during the upmove.
RESEARCH REPORTS

>Dowjones elliott wave counts

A post after a long gap,Was busy with work would try to be consistent now on.

Dowjones chart present structure fits in a rather rare kind of elliot wave structure called
as expanded flat.
If this structure works there could be some serious pain across world markets this christmas.
Ofcourse once the pattern finishes can expect nice rally as shown in the below chart.
This scenario suggests nice rally by year 2011 start.Sit back and see how the waves unfold.
There is a less likely scenario where dow rallies directly to C wave targets which looks unlikely.
We will analyze thing as they unfold .

RESEARCH REPORTS

>INSIDER TRADING 13-10-10

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
532762	Action Construction Equipment Ltd	Vijay Agarwal	06/09/2010	B	223139		31229729	34.74	#
532351	Aksh Optifibre Ltd	Deutsche Bank Aktiengesellschaft	02/09/2010	S	45000		2955000	2.15	#
508136	B & A Ltd	Hemendra Prasad Barooah	09/09/2010	B	12300		888051	28.65	*
532380	Baba Arts Ltd	Bhagwati Holdings Pvt Ltd	09/09/2010	B	170000		1000000	1.94	#
500096	Dabur India Ltd	Devendra Garg	06/09/2010	B	6166		497475	0.05	*
532365	Dynacons Systems & Solutions Ltd	Devangi P Dalal	06/09/2010	B	70000		3333000	2.25	#
532696	Educomp Solutions Ltd	Mohit Maheshwari	08/09/2010	S	1200		0	0.00	*
532684	Everest Kanto Cylinder Ltd	Puneet Khurana	07/09/2010	B	10000		3079354	2.87	*
532015	Gravity India Ltd	Dakshaben R Thakkar	07/09/2010	B	5000		323454	3.59	#
500467	Harrisons Malayalam Ltd	Pankaj Kapoor	06/09/2010	B	7000		97001	0.53	#
517271	HBL Power Systems Ltd	Beaver Engineering Ltd	24/08/2010 - 03/09/2010	B	220000	0.00	139733250	55.23	#
532832	Indiabulls Real Estate Ltd	Oberon Ltd	14/09/2010	S	600000		10900000	2.71	#
532942	KNR Constructions Ltd	K Narasimha Reddy	09/09/2010	B	8000		9982624	35.50	*
500247	Kotak Mahindra Bank Ltd	Anuradha Mahindra	08/09/2010	S	1773		7387901	2.02	#
500247	Kotak Mahindra Bank Ltd	Anuradha Mahindra	08/09/2010	S	2882		7389674	2.02	#
500247	Kotak Mahindra Bank Ltd	Devang Gheewalla	08/09/2010	S	1000		11750		#
500247	Kotak Mahindra Bank Ltd	Devang Gheewalla	09/09/2010	S	1000		10750		#
500247	Kotak Mahindra Bank Ltd	Gaurang Shah	13/09/2010	S	10000		320428		#
500247	Kotak Mahindra Bank Ltd	Gaurang Shah	13/09/2010	S	10000		330428		#
500247	Kotak Mahindra Bank Ltd	K N Varadarajan	09/09/2010	S	1300		2535		#
500247	Kotak Mahindra Bank Ltd	Shanti Ekambaram	09/09/2010	S	2500		245734	0.07	#
500247	Kotak Mahindra Bank Ltd	Sujata Guhathakurta	07/09/2010	S	1500		16800		#
500247	Kotak Mahindra Bank Ltd	Vikram Sud	14/09/2010	S	20000		70000		#
531241	Linc Pen & Plastics Ltd	Surajmal Jalan	--	S	2100		1086183		#
531515	Mahan Industries Ltd	Yogendra Kumar Gupta	05/09/2010	S	600000	0.00	5951000	1.60	#
532720	Mahindra & Mahindra Financial Services Ltd	Dr Pawan Kumar Goenka	08/09/2010	B	404		8846	0.01	*
532720	Mahindra & Mahindra Financial Services Ltd	Rama Bijapurkar	08/09/2010	B	3500		3500	0.00	*
531213	Manappuram General Finance & Leasing Ltd	Granite Hill India Advisors Pvt Ltd	06/09/2010	S	65800		1789200	0.05	#
532921	Mundra Port and Special Economic Zone Ltd	Ameet H Desai	06/09/2010	S	1000		113865	0.02	#
532921	Mundra Port and Special Economic Zone Ltd	Ameet H Desai	08/09/2010	S	250		113615	0.02	#
532810	Power Finance Corporation Ltd	Hari Shankar Jha	07/09/2010	S	1800		2561		#
530111	Raj Packaging Industries Ltd	Alka Kankaria	03/09/2010 - 07/09/2010	S	5000		191760	4.83	#
531373	Suave Hotels Ltd	Vinita Patodia	02/09/2010	S	325000		703927	10.82	#
531703	Tribhuvan Housing Ltd	C R Rajesh Nair	09/09/2010	S	300000		619529	6.18	#
524264	Unimers India Ltd	Echo Fiscal Services Pvt Ltd	13/09/2010	B	2088139	13.13	2088139	13.13	#
524264	Unimers India Ltd	IDBI Bank Ltd	13/09/2010	S	2088139		0	0.00	#
524264	Unimers India Ltd	IDBI Bank Ltd	20/09/2005 - 18/01/2008	S	39942		2088139	13.13	#

RESEARCH REPORTS