Daily News Letter Dated 6th July 2006--Details for Paid Members Only...Join Now

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Daily News Letter—Dated 6^th July 2006

India Stock (A Unit of IBN Services)

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Advice: Book profits in Intraday at gain of 1. 5--2% in stock and don’t be greedy for money.

NIFTY: Previous Close 3197.10 (58.45) Resistance – 3210, 3135, 3250 Supports – 3177, 3150, 3110

SENSEX: Previous Close10919.60 (257.40) Resistance – 10970, 11050, 11100 Supports - 10800, 10700, 10550

Final resistance of Nifty at 3250 for further upside to 3400. Seems very tough to crack.

Sensex Range for This Week: 9800-11200 above which it will touch 11500 below Tgt 9300

HOT TODAY: Trade on: RIL (Sell) (C/F), HERO HONDA (Sell)(C/F), MRPL, MTNL, IOC, INDIA CEMENT.

BTST: 5th July: GRASIM (Buy 1975 SL 1950 Tgt 2000+)

Board Meetings Today: I-Flex, Nandan Exim, Shivalik Global, HB Portfolio, Garware Offshore, Oil Country etc

SCRIPT		BUY/ SELL	TARGET 1-2		S. LOSS		STRATEGY
Hot today MRPL Buy Abv 35 37-38 34.50 Hot for C/ F traders, Buy and hold for 48 Hrs for gains. Day Trading
	RIL	Sell At 1095		1075-1063		1105		Unable to cross 1100, Sell and gain. Trade both side.
	IOC	Buy Abv 425		438-444		420		Hot Trade Buy in bulk in C/F for 2 Days for sure gains.
	TISCO	Sell Bel 560		548-542		570		Go short. If opens low buy on declines for gains.
	JSTAINLESS	Buy Abv 100		103-105		98.50		Hot for Traders, Sell Bel SL Tgt 97-96 in C/ F.
	M&M	Sell Bel 620		602-593		630		Looking Very weak on charts, Go short and gain.
	ORCHID	Buy Abv 200		205-209		197		Huge explosion above 200. Best for future traders.
Future/ Options
Fut- MTNL		Buy Abv 155	158-160		151		Best for Fut traders, Short covering seen, Keep SL.
Fut- CHENNAI PET		Buy Abv 180	185-188		179		Trade both side. Below SL Tgt 177-175, but +ve bias.
Opt- …. CA ………..		Buy at 5	10-14		3		Buy and gain in bulk, low investment- High return.
Investment Picks
E…………….		Buy Abv 340	375-400+		325		Accumulate at dips, Good gain in 1-3 months.
S…………….		Buy Abv 30	38-45		27		Buy in small quantity and hold for 3-8 months.
Small Cap
F………….		Buy Abv 12	20-25		10		Accumulate at decl for 6-12 months for sure shot target.

Accumulate at every decline: Wait for mkt to take a bottom before making fresh positions as investor.…….Keep booking profits now at every rise in the stocks you are holding.

Yesterday’s Online Calls(C/F): SBI (C/F), OBC, TISCO, Dr REDDY, DIVIS LAB(Fut), MTNL (Sell), SRF Fut (Sell), ITC (Sell), IND HOTEL, SUN TV, COLGATE etc.……..Mostly success in News Letter and 90% success in Online Calls Y’Day in row.

Buy for this month: No Recommendations. Wait for Mkt to be stable.

For Online Calls join me in Yahoo Messenger: nse_bse4gain

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