Market outlook for week starting 17th Dec

Last week was a joy ride for investors with Nifty and sensex hitting an
lifetime high. A lot of midcap stocks also joined the rally ensuring the
small and medium investors that 2007 will end as a memorable year for them.

Volatility will continue in this week and we may see a fresh signal only
in the new year. There are still some concerns on Nuclear deal with the
Left parties threatening to withdraw support time and again. The results
of Gujarat polls may also have some impact on market in the coming weeks.

We still beleive that investors need not worry about minor hiccups mentioned
above but stick to their stocks as Indian economy is bound to do well in the long run.

Recommendations for the week

Petronet Lng @ 110. Short Term Target 135.

Prakash industries has reached its target in 1 month and investors can
book partial profit in the same.

we recommend in all the other stocks which we had previously recommended.
You can exit once the target price is acheived.

Next week we will be unable to post an article due to X'Mas holidays.
Wish all our readers a happy X'Mas.

Market outlook for week starting 10th Dec

Last week ensured that smiles return back on the face of investors.

We saw an overall gain of 600 points in the sensex.

These Market saw a positive action on indication that US Federal Reserve will
cut the Fed rates by atleast 25 basis points. A relief plan was announced in US
to take care of sub prime issue.

IT majors like wipro, Tcs along with Midcap IT stocks bounced back.

These week we expect a positive growth with all eyes on US Federal meet.

we recommend investors to book profits in all our recommendations where
target price is ahcived.

Recommendations

Western India shipyard @29 . One year target 50.

Market outlook for week starting 3rd Dec

Markets advanced on 3 trading session and declined in other
2 trading sessions. These clearly indicates that the market is
yet in consolidation phase. We are waiting for a signal which
could decide the next direction of market.

In the coming week volatility will continue. Investors
should be cautious as December is the accounting year for
FIIs and we may see some profit booking and outgo of
funds. These could dampen the overall sentiments of the market.

Recommendation

Buy Bag Films @80. 4 months target 120.