Report for July 13th, 2010

Onmobile , A take over candidate target 340 +

Dear Friends ,

Onmobile is India's Biggest player in Mobile , media (VAS , DATA Service) & The News From our Source is that ADAG Group is the Process to Take over On-mobile at a Price Close to 340

On-Mobile EQ is trading at 287.5 & there is an upside potential of 20-30% if this deal Happens & the Good news is that the news Has not Hit the market yet.

Lets take a Bet & Buy tmro July 13th @ open above 287.5 in Cash market for a Probable target 298-302 For the day with sl at 285 , On-mobile has resistance around 303-304 , Breaks this level then for sure the Deal target 340 + will come very soon.

Good luck