TRADING RECOMMENDATIONS State Bank of India Ltd.

Technical Outlook & Trading Strategy:-

The share price State Bank of India has seen a sharp fall from a high of Rs 2500 on 26th july 2010 to a low of Rs 1866 on 26th Aug 2011.

The share price seems to have a taken a good support around the 1900 levels which is indicated

by its two bar reversal pattern on its weekly chart.

Today the share price has also closed above its short term moving averages indicating strength in the up move.

We believe the State Bank of India could head towards the level of Rs 2100 / Rs 2130 levels in the near term.

We recommend a buy at current level with a stop loss placed below the level of Rs 1983.

TRADING RECOMMENDATIONS Lanco Infratech Ltd.

Lanco Infratech Ltd. CMP—Rs 17.65

Technical Outlook & Trading Strategy:-

The most important observation to be made on the charts of Lanco Infratech is the positive divergence displayed by indicators. They signal that the declining movement of the price could have lost force and in all likelihood give some kind of a bounce back. In the short term we expect the share price to head towards the target of Rs 19 -Rs 20 levels.

We recommend buy at current levels and again on pullbacks to level of Rs.17.30 -Rs 17 with a stoploss placed below Rs 16.40.

TRADING RECOMMENDATIONS for 7th Sept

VIP Industries Ltd. CMP—Rs 923.45

Technical Outlook & Trading Strategy:-

The share price of VIP Industries has registered a break-out above its key resistance level of ` 911 and has closed at an all time high levels. The momentum indicators remain in the rising trajectory and indicate strength in the current up-move. We expect the stock price to test levels of Rs 950/ Rs 975 shortly.

We recommend a buy with a stop loss placed below the level of Rs 896.80