Daily News Letter--29th March 2006

News Letter—Dated 29th March 2006

NSE_BSE@yahoogroups.com

Visit: http://nse-bse.blogspot.com/

NIFTY: Previous Close 3325 (3.35) Resistance - 3350, 3370, 3385 Support - 3310, 3290, 3275

SENSEX: Previous Close 11086.03 (7.01) Resistance - 11100, 11140 Support -11040, 11000, 10980

Sensex Range for This Week: 10700-11200 above which it will touch 11400, 11800

Profit booking not ruled out at higher levels. Trader be cautious and book profits at rise.

IT stocks are looking hot: Strong Buy HCL Tech, Satyam, Infosys

SCRIPT	CLOSE	RESISTANCE	SUPPORT	TREND
DAY TRADING:
SBI	983	992	975	Hold, Accumulate in Decline Tgt 1000+
ONGC	1275	1290	1250	Short-Term 1250+ achieved next 1300 HOLD
RELIANCE	791	797	785	Hold Tgt 800+
TATA STEEL	522	527	515	Target 500+ achieved, hold next Tgt 540
ACC	780	786	775	Hold Next Target 820 in coming days
VSNL	428	436	418	Bullish, Tgt 435++ intraday
SATYAM COMP	821	829	810	Bullish, good buy for short Term Tgt 850+
ITC	193	195	190	HOLD Next Tgt 200, Intraday Tgt 197
Maruti	851	865	840	Buy in Cash/ Future Tgt 900 very soon
Matrix Lab	280	285	275	HOLD, S Term bullish
Future- Hcl Tech	611	620	600	SURE SHOT Bullish Tgt abv 650 in few days
Future-ONGC	1278	1290	1260	Buy, Bullish Target 1298++
Future- Glaxo	1434	1450	1400	Accumulate April future for gain of Rs 50 ++
Short/Long Term Investment
Rolta India	265	275	250	Accumulate Short Term Tgt 350+
Mangalam Cement	135	150	125	Accumulate, Short term Tgt 170+
MTNL	188.15	190	170	HOLD Short Term Tgt 200
Birla Ericson	28.90	30	25	HOLD, Tgt 38 in few days
Petronet LNG	56.30	57.5	53	Short term Tgt 70
3Iinfotech	181.70	184	170	Accumulate, Short term Tgt 200+

See the magic:

· Yesterday Calls: IT Stocks, Yes Bank, Tisco, Ongc, IVRCL all Zoomed.

· MTNL, CIPLA Target achieved at --Hold MTNL.

· Book partial profits in Tata Steel, Sail on every rise.

Good Buy for gains (Bulk Deals): HFCL, ITI, Uti Bank Spice Jet, Centurion Punjab Bank, Venus Remedies

PENNY STOCKS: Twinstar Software; More in my message sent to group at yahoo.

For Online Calls join me in Yahoo Messenger: nse_bse4gain

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