NEWSLETTTER DATED JAN 9 2008

GOOD MORNING.

DEAR FRIENDS,

STICK UP

MARKET PLAYERS ARE PRONE TO SUCCUMB TO GREED & AVARICE. THEREBY, OPEN TO BEING MUGGED ON THE STREET.

INDIAN MARKETS WILL BE UNDER PRESSURE FROM GLOBAL UNEASINESS. WE STRONGLY ADVISE TO MAINTAIN STRICT STOPLOSSES TO YOUR FRESH TRADES & TRAILING STOPLOSSES TO YOUR WINNING TRADES. AVOID BUYING PENNY (DABBA) STOCKS.

MID & SMALL CAPS ARE UNDER THREAT, A FIRST SIGN OF TROUBLE HAS SURFACED. AND WE ARE OF THE OPINION, " GET OUT WHEN IN DOUBT"

SO, BOOK PROFITS IN STOCKS WHICH HAVE SEEN HUGE RUN-UP & STICK TO QUALITY STOCKS WITH GOOD GROWTH POTENTIAL. ADD MORE OF THESE STOCKS AT DECLINES & AROUND MAJOR SUPPORT LEVELS.

MOST IMPORTANT POINT TO NOTE, "IT IS NOT NECESSARY TO TRADE EVERYDAY".

SENSEX FACES RESISTANCES AT 20890 & 21065. SUPPORTS ARE PLACED AT 20690, 20500 & 20195.

EXPECT CURRENT UPMOVE TO DENIGERATE INTO A DAMP SQUIB IF SENSEX IS UNABLE TO STAY ABOVE 20400. STRONG SUPPORT FOR INVESTORS IS PLACED BETWEEN 19500 - 19350. IF IT FAILS TO STAY ABOVE 20400, TRADERS & SHORT TERM INVESTORS MAY EXIT FULLY.

ONLY WAY ONE MAYBE OUT OF TROUBLE WILL BE, IF SENSEX RISES ABOVE 21350 & STAYS THERE.

NO RECOMMENDATIONS 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"]