Newsletter Dated Jan 14

------- Forwarded message ----------From: Nooruddin Fidai <nsfidai@gmail.com>Date: Jan 14, 2008 9:34 AMSubject: QUICKGAINS PREMIUM NEWSLETTER 14/01/08To: aaaaaaaaaaaaaa <aaaaaaaaaaaaaa1111222@coolgoose.com>
GOOD MORNING.

DEAR FRIENDS,

HEAT & DUST

INDIAN STOCKS ARE FACING THE HEAT FROM MELTDOWN IN U.S. MARKETS. MOST OF THE STOCKS FROM MID / SMALL CAPS HAVE UNDERGONE CORRECTION & ARE VERY MUCH NEAR THEIR INTER-MEDIATE SUPPORT LEVELS. WE EXPECT A PROBABLE RE-TRACEMENT FROM SUCH SUPPORTS IN NEAR TERM.

FRESH INVESTMENT BUYING MAYBE AVOIDED. KEEP STRICT STOPLOSSES TO YOUR FRESH TRADES IF ANY INITIATED. MAINTAIN TRAILING STOPLOSSES TO YOUR WINNING TRADES TO CONSERVE PROFITS.

SENSEX IS STILL IN POSITIVE AREA & HAS NOT BROKEN IT'S NEAR TERM SUPPORTS. BUT, STRONG VOLATILITY DOES NOT IN ANYWAY INFUSE A DOSE OF CONFIDENCE. SO, STAY OUT WHEN IN DOUBT.

TODAY, SENSEX FINDS SUPPORTS AT 20740, 20600 & 20440. WHILE RESISTANCES ARE PLACED AT 20990 & 21115.

EXPECT WEAKNESS IN SENSEX IF MARKETS ARE UNABLE TO LATCH ONTO 20400.

NO FRESH RECOMMENDATION FOR THE DAY.

TAKE CARE!

BEST REGARDS,

NS FIDAIDISCLAIMER:[The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. Author will not be held responsible for any losses, financial or otherwise, incurred.] NOTE:[ If you wish to discontinue recieving the daily newsletter, please reply mentioning "UNSUBSCRIBE"]