NIFTY

NIFTY MIGHT FACE RESISTANCE AT 3990 AND FIND SUPPORT AT 3900 AND IF IT IS BREACHED THE NEXT SUPPORT FOR THE NIFTY WILL BE AT 3850. THERE IS NO NECESSITY FOR THE BULLS TO STAY BELOW 3900 AND FOR THE BEARS ABOVE 3960.

PANTALOON RETAIL

Pantaloon Retail (India) Ltd. has informed the Exchange that the Meeting of Committee of Directors of the Company was held on November 27,2006 and the committee inter-alia fixed the record date as December 19,2006 for the subdivision of equity shares of the Company from the face value of Rs. 10/- to the face value of Rs. 2/-.

I advise the investors to accumulate this stock and there may be a good run up before the record date for split of equity shares

NEW LISTINGS

Geshipping postmerger,lancoinfratech will list on monday.
Among these two i like LANCO as there is a good scope for appreciation of stock value.

I advise the investors who have not allotted in IPO can accumulate in secondary market and wait for good returns

ZEE TELE

Zee tele got the prermission of the Bombay highcourt for demerger of its news and other divisions. Up on getting the approval the company has fixed the record date for demerger and dividend. Expect good run up before record date and i advise holders to buy this stock for gaining maximum profits

SIEMENS

Siemens has bagged a 4000 crores order and the stock stpurt by 130 Rs. I t has the potential to move to 1500

GMR INFRA

Infrastructure stocks have a good run yesterday and today. Among these GMR INFRA seems good and it may touch 400 in this settlement. Traders cam buy 370 call and have maximum profit

TO DAY MARKET GONE UP VERY WELL AND THE IMMEDIATE TARGET FOR NIFTY IS 3920 AND NIFTY MAY FACE RESISTANCE AT THIS LEVEL.