WINNING STROKES: THINK DIFFERENT:

India to announce Q4-08 and FY 08 GDP numbers tomorrow. The Q4-08 GDP is expected to be flat 8.2% against 8.4% in Q3-08. The agricultural output, which accounts for about a fifth of the economy, may have grown as much as 3.5% in the fiscal year ended March 31, faster than an earlier estimate of 2.6%........Anyway, Ennore Coke Ltd hit the buyer freeze. The stock was near Rs.35 almost the whole before cooling down a bit or when the markets fell at the end of the day. I have today told the Paid Members what is the very recent developments in the company. Hence, buy Ennore Coke Ltd as much as possible before it starts hitting the Upper Circuits, since June, 2008 is nearing.....and.......THIS PART FOR PAID MEMBERS......This will be a repeat case of Southern Online Bio Technologies Ltd. There are some important developments in the company in the Power Front, which you might know by this Saturday: Southern Online Bio Technologies Ltd is hitting circuits after circuits. The Paid Group and Free Group members who have entered this counter might be very happy. But some might be saying, "Issssssssssshhh.....what I have done....!!!!......This is called missed opportunity and playing for the gallery or should I say overconfidence!! Today the markets went for unnecessary correction on the fear of fuel price hike, when it should actually rise, as the government has at last tried to bail out Oil Marketing Companies---which is a very good news and should have been cheered from across India. But then there are some Fools who come on TV nicely attired (Some women/lady TV Anchors have started to show cleavages....Why??? Is it because to increase TRP or give a Western Look or......???!!!) and start confusing people with bullshits. I sometime think if I were in the TV Studios, I would have caught hold of the collars of these fools and threw them out from there. I do not know how these nonsenses get jobs and how they do business!! Yesterday Karvys' Ambarish Baliga said the market looks weak!! But why?? Because Crude Oil prices are rising!! Who told him that the crude will rise in the near future, when the world-wide demand for the "Liquid Gold" is fallling due to the removal of subsidies in some countries and due to price-shock resulting in shrinking demand. The rise in crude price was more due to speculation and not due to demand-supply gap as was mentioned by me many times. Moreover, speculative money cannot continously flow into oil futures, unless there are some sound intrinsic market's fundamentals to support such "mad actions". Oil prices fell today after the US Energy Department reported sharp and unexpected declines in crude oil and gasoline supplies last week, but said the drop in crude inventories was due to temporary delays in unloading oil tankers along the Gulf Coast......I am telling na....the Crude Prices cannot cross $135 per barrel: Today the markets went down on good news which was portrayed as bad news by some vested interest groups on some TV Channels. I think manipulators have started abusing this platform for their own narrow gains; while some TV anchors asks them silly questions after questions as if they are some robots with a mechanical head above their shoulders----this is called Journalism or "Yellow Journalism???!!" Are some TV Journalists Dumb!!! It is to be understood that inflation effects if any due to fuel price hike (who knows what will be the inflation figures due other components in WPI, like food prices etc after 15 days and hence why carry this bag of inflation everytime due to one factor) will come after a long time so why sell on good news???!!!! I purchased to my heart's content at the end of the day. If there is any hike in fuel prices or cut in duties, the shares of Oil Companies will spike and the markets could go for a roll tomorrow. It is win-win situation for Southern Online Bio Technologies Ltd who are already selling Bio Diesel at a PROFIT. This will be a Boon for them and the profits for June, 2008 quarter could soar..... Cheers!!!

My final views on tomorrow's markets based no Global Factors, will be given to the Paid Groups in tomorrow's morning mail, where some day trading calls will also be given: My Quickie Call Sandur Manganese Ltd hit the buyer freeze before cooling down a bit: Envair Electronics Ltd hit another buyer freeze: One can now go for that Chemical Company, whose name starts with Ind.......Bo........as the price of chemicals could rise in the international markets: The market, which swayed between positive and negative territory earlier in the day, slumped in the last hour of trade. Major selling pressure was seen in auto and banking shares. Tata Motors plunged even as Larsen & Toubro bucked the weak market trend. Petroleum minister, Murli Deora today, 29 May 2008, said the government would take a decision on raising fuel prices in the next two to three days. A meeting of the Cabinet, which was to have taken up the matter today, has been postponed, he said.

Another reason for volatility was imminent expiry of May 2008 futures & options today. As per reports, rollover of Nifty positions from May 2008 series to June 2008 series stood at 57% as compared to 62% in the April 2008 to May 2008 series, as on 28 May 2008. The marketwide rollovers were healthy, at 62% as compared 61% in the previous series. The 30-share BSE Sensex lost 209.11 points or 1.27% to 16,316.26. The Sensex lost 329.35 points at the day’s low of 16,196.02, hit in late trade. The index climbed 140.66 points at day’s high of 16,666.03, hit in the onset of trading session. The broader based S&P CNX Nifty plunged 83.05 points or 1.69% at 4835.30. Nifty June 2008 futures were at 4875, a premium of 39.70 points against the spot closing. The NSE's futures & options (F&O) segment turnover was at Rs 64758.96 crore, higher than Rs 56333.67 crore on Monday, 26 May 2008. BSE clocked a turnover of Rs 5915 crore in the cash segment as against Rs 5,431.78 on Wednesday, 28 May 2008. US crude fell 76 cents to $130.27 a barrel, while London Brent crude fell 83 cents to $130.10 a barrel today, 29 May 2008, as a strengthening dollar more than offset fears of supply disruptions in Nigeria. European markets, which open after Indian markets, were trading higher. Key indices in France, Germany and UK were up by 0.34% to 0.78%. Asian markets were trading higher today, 29 May 2008. Key indices in Japan, Hong Kong, Taiwan, Singapore and South Korea were up by 0.22% at 3.03%. However, China’s Shanghai Composite was down 1.66%. US markets ended higher yesterday, 28 May 2008, after a volatile session led by better-than-forecast durable goods orders and positive financial results from select retailers. The Dow Jones industrial average gained 46 points to 12,594. The Nasdaq Composite index rose 5 points to 2,487. The S&P 500 index garnered 5 points to 1,390.10. The market breadth turned weak in the last one hour of trade. On BSE, 1115 shares advanced as compared to 1537 stocks that declined. 109 stocks remained unchanged. The BSE Mid-Cap index fell 0.17% at 6,741.76 and BSE Small-Cap index fell 0.68% to 8,181.07. Both these indices outperformed the Sensex. India’s largest engineering & construction firm by revenue Larsen & Toubro soared 6.64% at Rs 2889.10, off day’s high of Rs 2949. The firm recommended a liberal 1:1 bonus issue and a total dividend of Rs 17 per share for the year ended March 2008. The company reported a 37.95% rise in net profit to Rs 966.76 crore on a 34.79% increase in total income to Rs 8715.92 crore in Q4 March 2008 over Q4 March 2007. India's largest commercial vehicles maker by sales Tata Motors slid 8.22% at Rs 582.55. Tata Motors on Wednesday, 28 May 2008 said it plans to raise about Rs 7,200 crore through three simultaneous but separate rights issues, including an issue of equity shares worth up to Rs 2,200 crore. Foreign investment firm Citigroup Inc. today, 29 May 2008 lowered the target price on Tata Motor stock to Rs 791 from Rs 914 earlier. India’s largest private sector firm by market capitalisation and oil refiner Reliance Industries rose 2.19% at Rs 2466.50. Major Sensex gainers were, Reliance Communication (up 3.92% at Rs 573.20), Cipla (up 2.98% at Rs 213.95 ), Satyam Computer (up 2.30% at Rs 526.25), Ranbaxy Laboratories (up 1.77% at Rs 504.60), and Wipro (up 1.25% at Rs 512.50). Major Sensex losers were, Ambuja Cements (down 6.05% at Rs 97.80), Mahindra & Mahindra (up 5.52% at Rs 606.20) State Bank of India (down 3.62% at Rs 1464.30), and Hindalco Industries (up 3.54% at Rs 189.60). The BSE Bankex underperformed the Sensex, falling 2.71% to 7,718.81. Allahabad Bank (down 4.42% at Rs 81.05), Bank of India (down 4.32% at Rs 288.85), Kotak Mahindra Bank (down 3.635 at Rs 680.05), Axis Bank (down 3.39% at Rs 783.30), and HDFC Bank (down 2.01% at Rs 1,324.40), slipped. India's largest private sector bank by assets ICICI Bank fell 2.79% at Rs 797.30. The BSE Auto index underperformed the Sensex, falling 3.31% to 4,410.81. Hero Honda (down 2.77% at Rs 778.40), TVS Motor Company (down 2.59% at Rs 37.55), Ashok Leyland (down 2.30% at Rs 36.10) and Maruti Suzuki (down 1.74% at Rs 764.30), declined. The BSE Capital Goods index outperformed the Sensex, gaining 2.03% to 12,827.03. Bharat Electronics (up 3.57% at Rs 1,175), Elecon Engineering Company (up 3.52% at Rs 128), BEML (up 1.35% at Rs 1,091.25) and Areva T&D (up 0.65% at Rs 1,493.60), gained. However, Bharat Heavy Electricals (down 0.76% at Rs 1,599.90), and Punj Lloyd (down 2.19% at Rs 310.80), slipped. Piramal Life Sciences, which debuted at Rs 300, ended at Rs 313.90 on a volume of 72.42 lakh shares on BSE. The research and development unit was separated from parent Piramal Healthcare, formerly known as Nicholas Piramal. The stock touched a high of Rs 519.80. FMCG products maker Godrej Consumer Products jumped 3.82% to Rs 136 after four block deals aggregating 27.98 lakh shares were executed in the counter at an average price of Rs 131.32 per share on BSE in opening trade. Industrial chemicals maker Pidilite Industries gained 0.14% to Rs 146 on reporting 36.33% rise in net profit to Rs 33.4 crore on 35% increase in total income to Rs 371 crore in Q4 March 2008 over Q4 March 2007. India's leading manufacturer of oleochemicals Godrej Industries surged 2.14% to Rs 264.55 after posting 39.39% surge in net profit to Rs 108.81 crore on 8% increase in total income to Rs 787.97 crore in the year ended March 2008 over the year ended March 2007. India's largest pharma company by market capitalisation Sun Pharmaceutical Industries fell 5.07% to Rs 1388.55 after the company failed to clinch the deal for Israeli drug major Taro Pharma. Sun Pharmaceutical on Wednesday, 28 May 2008 informed BSE of a notice received from Taro rejecting Sun's revised offer of $10.25 per share due to it being inadequate and no longer in the best interests of the company. Among the side counters, Suzlon Energy (down 5.01% at Rs 275.05), Indian Bank (down 4.89% at Rs 122.55), Deccan Aviation (down 4.80% at Rs 117.05) and GMR Infrastructure (down 4.55% at Rs 134.30), slipped. Among the gainers were IFCI (up 6.50% at Rs 62.30), IVRCL Infrastructures (up 6.50% at Rs 403.10), Sun TV Network (up 6.26% at Rs 331.75), and Bhushan Steel (up 5.10% at Rs 836.65). Larsen & Toubro clocked the highest turover of Rs 449.63 crore on BSE. IFCI (Rs 341.60 crore), Piramal Life Sciences (Rs 281.86 crore), Chambal Fertilisers and Chemicals (Rs 223.52 crore) and Bajaj Finserve (Rs 199.56 crore), were the other turnover toppers on BSE in that order. IFCI reported the highest volume of 5.42 crore shares on BSE. Chambal Fertilisers and Chemicals (2.48 crore shares), Nagarjune Fertilisers and Chemicals (1.91 crore shares), Ispat Industries (1.32 crore shares) and Aishwarya Telecom (1.16 crore shares), were the other volume toppers on BSE in that order.