QUICKGAINS PREMIUM NEWSLETTER 01/08/08

GOOD MORNING.

DEAR FRIENDS,

FRACAS ON FRIDAY

MARKETS ARE EXPECTED TO REACT TO DOW'S DOWNFALL AND SEE A GAP DOWN TO POSSIBLE LOWER LEVELS OF 14085 & 13880. SENSEX MAY FEEL HEAT AT 14220 & 14295.

LIGHT STOCK PICKING ACTIVITY AROUND 13800 MAYBE CONSIDERED IN A VERY JUDICIOUS MANNER. AVOID GOING FULL ON LONG.

KEEP LOOKING FOR STOCKS WHICH HAVE COME OUT WITH EXCEPTIONAL AND EXTRA-ORDINARY PERFORMANCE. CONSIDER BUYING INTO THEM WITH A LONG TERM VIEW IN A PHASED MANNER.

ANDHRA SUGAR (BSE CODE 590062) CMP 97.65
A DIVERSIFIED SUGAR COMPANY, WITH BOOK VALUE EXCEEDING Rs.111 EPS Rs.15 DIV. 50% ON FACE VALUE Rs.10
STOCK IS HIGHLY UNDER-RATED AND DESERVES BETTER VALUATIONS. WE BELIEVE CHERRY PICKING ON THIS COUNTER WILL FETCH HANDSOME RETURNS IN LONGER TERM. THE COMPANY ALSO HOLDS CONSIDERABLE STAKE IN ANDHRA PETROCHEMICALS. TECHNICALLY, A CLOSE ABOVE 105 COULD FETCH US EXTREME SHORT TO SHORT TERM TARGET OF 125. BUY ON DECLINES UPTO 88. MAJOR SUPPORT AT 75.

TAKE CARE!!

BEST REGARDS,

NS FIDAI