NIFTY AND STOCK PICKS FOR 18 DEC 2008

NSEFUTURES DAILY NEWS LETTER DATED : 18 Dec 2008

E Mail , nsefutures@yahoo.com Mobile No. : 971 787 7338

Nifty Major support 2860 Nifty Major Resistance 3037 TREND DECIDER -3001

HOT STOCKS ABAN- SELL BELOW 809 SL 830 BHARTIARTL- SELL BELOW 715 SL 730 GMRINFRA- SELL BELOW 65 SL 70 RELCAPITAL- SELL BELOW 465 SL 495 NIFTY FUTURE DECEMBER ANALYSIS. WATCH THE FOLLOWING LEVELS -2610,2751,2911,3122,3332,3594 As Nifty trades and closes above one level, buy and stop loss will be below that level and vice-versa.

Nifty future for the week 15-19 DEC Buy above 2806 SL 2750 TGT 3045,3197

Nifty future for day trading: Sell below 2992 stop loss 3025 TGT 2906,2852 * If target achieved in morning please don’t buy in return journey. * Please enter only at specified price otherwise avoid trading.

DISCLAIMER : Stock trading involves high risk and one can lose Substantial amount of money.The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only. NOTE WE HAVE NO HOLDINGS IN ANY OF STOCKS RECOMMENDED ABOVE.