Nifty: 3752.00 +18.75 Points Sensex: 12856.08 +69.31 Points

FII Activity:
Cash Segment: 85.80 crores net sellers
Index Futures: 497.23 crores net sellers
Stock futures: 152.22 crores net buyers

Advance Decline ratio: 664:367

Outlook for 09Apr07:
The markets are expected to open flat and then go up. One can see some correction in the afternoon session. No major action is expected in the markets till Infosys comes up with its guidance. Cement stocks appear to have bottomed out and are ready for a bounce back. Nifty futures is on its way to fill the gap created at 3780. For today, the Nifty should face resistance at 3763-3785-3828 and should take support at 3715-3680-3645.

Futures Trading Calls:

Buy Ultratech cement if sustains above 715 for target 750 and 800.
Buy NDTV if sustains above 327 for target 335 and 350.
Buy IDFC if sustains above 83 for target 86.50
Buy Syndicate Bank if sustains above 62.50 for target 65.

Sell Hindustan Construction at current levels for target 83 with strict stop loss 92.50

Cash Calls:

Buy Educomp Solutions if sustains above 1106 for target 1250.
Buy Hyderabad Industries if sustains above 183 for target 210 and 250.
Buy Lokesh Machines at current levels of 130 for target 155.