aiming at 103

Proposed action for tomorrow's trade	None
Today's action	None
Famex	11049
News for today : 1 :	Wall Street turned in a mixed performance Friday as investors set aside some initial enthusiasm over a stronger-than-expected jobs report to lock in some of their recent gains. Blue chip stocks logged their third weekly advance in a row as investors grew more confident about the economy's ability to outrun a deep downturn.
News for today : 2 :	Pashupati Advani of Advani OTC Dealers said there are both bullish and bearish investors in the markets, as seen by low volumes. He told CNBC-TV18 that the US Fed move, gains in China and other markets are adding to the momentum. He expects to see an upside of around 5-10% from current levels.
Stock Barometer	-
Strategy for today :	Let us set our target as 103 and sell all shares then and reenter again.
Quote for the day :	Money can't buy happiness, but it can buy you the kind of misery you prefer. ~Author Unknown

Bharat Forge again a good buy

Proposed action for tomorrow's trade	Scout for good shares
Today's action	Buy Bharat Forge
Famex	10972
News for today : 1 :	Wall Street shot higher Thursday as investors, while anticipating another dismal jobs report Friday, viewed the rising dollar and falling oil prices as promising signs for the economy. The Dow Jones industrial average soared nearly 190 points to close above 13,000 for the first time since Jan. 3.
News for today : 2 :	-
Stock Barometer	2 - up
Strategy for today :	wait for the next high
Quote for the day :	Just as a cautious businessman avoids investing all his capital in one concern, so wisdom would probably admonish us also not to anticipate all our happiness from one quarter alone. ~Sigmund Freud

another hope to peak soon

Proposed action for tomorrow's trade	Scout for good shares
Today's action	None
Famex	10974
News for today : 1 :	Wall Street turned in a mixed performance Tuesday as investors traded cautiously ahead of the Federal Reserve's Wednesday decision on interest rates. The Fed, facing a faltering economy but also rising inflation, is expected to cut interest rates by another quarter point after its two-day meeting concludes Wednesday. Many investor believe policy makers will then signal that they are planning to hold rates steady for a while.
News for today : 2 :	In its Credit Policy, the RBI has hiked the CRR by 25 bps to 8.25%. It has left the repo, reverse repo rates unchanged. The RBI aims at 4-4.5% inflation going forward. It is attempting to bring down the inflation to 5.5% in FY09.
Stock Barometer	3 - volatile
Strategy for today :	wait for the next high
Quote for the day :	A bank book makes good reading - better than some novels. ~Harry Lauder

start of another fall ?

Proposed action for tomorrow's trade	None
Today's action	None
Famex	10866
News for today : 1 :	Wall Street finished little changed Monday as investors turned cautious ahead of the Federal Reserve's two-day policy meeting, which starts Tuesday. Stocks advanced for most of the session, then pulled back modestly in the final minutes of trading.
News for today : 2 :	There are a lot of contradictory signals which are there. On one hand, you are now facing a serious threat of inflation while on another you are facing the impossible threat to growth. The IIP numbers are not very exciting. If there is a further increase on the repo side, it could come as a normal expectancy.
Stock Barometer	3 - volatile
Strategy for today :	wait for the next high
Quote for the day :	When I was young I thought that money was the most important thing in life; now that I am old I know that it is. ~Oscar Wilde

buying in again

Proposed action for tomorrow's trade	None
Today's action	Buy ANDHRA BANK, BASF & GMRINFRA
Famex	10953
News for today : 1 :	President Bush said tax rebates will start going out Monday, earlier than previously announced, and should help Americans cope with rising gasoline and food prices, as well as aid a slumping economy.
News for today : 2 :	Jyotivardhan Jaipuria, Head of Research, DSP Merril Lynch, said we are seeing a relief rally in India and across the world. "The first round of bad news is over. The consensus had turned negative. A contrarian view has caused this rally. The markets can gain another 4-5% from current levels in the near-term. However, there is more likelihood that the market will go back to lows rather than earlier highs."
Stock Barometer	3 - up
Strategy for today :	scout for good shares
Quote for the day :	An investment in knowledge always pays the best interest. ~Benjamin Franklin