TRADING CALLS

TRADING CALLS FOR AUGUST 22,2008



Nifty (4284) Sup 4205 Res 4350

Buy Ranbaxy (514) SL 509 Target 525, 527

Buy Cairn (243) SL 238 Target 254, 256

Sell ICICI Bank (644) SL 651 Target 634, 630

Sell Renuka Sugar (125) SL 128 Target 118, 116

Sell HPCL (204) SL 208 Target 195, 193

TRADING CALL

SHORT TERM INVESTMENT CALL

AT 11 AM ON 21AUGUST, 2008.

BUY RELIANCE CAPITAL FOR DELIVERY TARGET

RS.1400 WITH STOP LOSS RS.1270.