>Daily Technical Report (MARWADI FINANCIAL)

Wall street perform mix, Asian market gain as a Australia, Japan steps up stimulus plan. On domestic

market is concern the New FM meet the bankers for 100-200Bps rate cut so that is the good for the financial

and banking counters. From that effects more liquidity in the system, secondary the interest also cut further

so the market immerge as a attractive investment avenue. So this all are the positive sign for the Indian

markets. For shorter period of time global effects and domestic key policy rate changes take the direction od

the markets.

On technical note market looks marginal positive opening and after positive opening it will take volatile

mode with positive bias. So in morning session we recommend to wait for lower levels buying opportunity

and after conformation of the trend make a fresh position with long view. In good fundamental counters

looks good buying interest so keep watch on that counters.

To see full report: Technical Report 3-02-2009