Daily News Letter dated 22nd Aug 2006-- Given to paid members before mkt hrs....

~~OM~~

Daily News Letter—Dated 22^nd Aug 2006

India Stock (A Unit of IBN Services, New Delhi)

Visit: http://ibnservices.googlepages.com/stock

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

Phone: 98999-0-9899

We have launched new packages w.e.f 1^st Aug. Details available on our group/website.

Advice: Book profits in Intraday at gain of 2% in stock (Cash/Fut) and don’t be greedy for money.

NIFTY: Previous Close 3366.00 (9.25) Resistance – 3385, 3400, 3420, 3475 Supports – 3335, 3310, 3275, 3250

SENSEX: Previous Close 11511.68 (45.96) Resistance –11550, 11600, 11675, 11800 Supports –11410, 11300, 11200, 11110

Volatility persists, Nifty chances of crossing 3385 & a +ve breakout possible. Trade the mkt.

Sensex Range for This Week: 11000-12000 above which it will touch 12200 below Tgt 10500; Crucial is 11600.

HOT TODAY: TRADE ON: JET AIR (C/F), STERLITE (C/F), IVRCL, ASHLEY, SATYAM, GNFC, RIL

BTST given in Last Trade (C/F): SRF (Buy 241 SL 237 Tgt 247); STERLITE (Buy 400 SL 396 Tgt 409); IVRCL, M&M

Board Meetings Today: BILT, Ruchi Infra, Vapi Paper, Acknit Knitting, Cupid, Asian Electronics, Suryodaya Plastics.

SCRIPT		BUY/ SELL	TARGET 1-2		S. LOSS		STRATEGY
Hot today STERLITE Buy Abv 402. 418-242 395 FOR MEMBERS Day Trading
	IVRCL	Buy Abv 231		237-240		227		Hot for Traders in C/ F, Ready to blast any time.
	M&M	Buy Abv 660		672-679		655		Trade with mkt trend in C/F, upward move continues.
	NDTV	Buy Abv188		195-198		185		Our past recomm, we are still bullish for Tgt 210.
	IND CEMENT	Buy Abv 191		197-200		189		Hot for traders, Buy & gain smartly in C/F, looking good
Derivative- Future
Fut- JET AIR		Buy Abv 585	597-608		579		Looking good for high gains, Buy Sept futures.
Fut- GNFC		Buy Abv 100	105-108		97.50		Bullish breakout seen abv 100, Next Tgt 110+
Derivative- Option
Opt- G….. CA …..		Buy at Dips	5-8		1.5		FOR MEMBERS
Investment Picks
S……….		Buy Abv 135	160-178		125		FOR MEMBERS
M…………….		Buy Abv 77	90-100		74		FOR MEMBERS

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. We will witness correction in coming days.

Yesterday’s Online Calls(C/F): GE SHIP (C/F) , VSNL (C/F), STERLITE (C/F), SRF (CASH/FUT), RIL, GNFC, NDTV (CASH/ FUT), IDBI (CASH/FUT), CENTURY (CASH/FUT), JET AIR (C/F), BOB etc.……..Almost 100% success in News Letter and 95% success in Online Calls in last trade.

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

For Online Calls join me in Yahoo Messenger: nse_bse4gain

Disclaimer – India Stock has taken due care and caution in compilation of data for its members. Information has been obtained by the company from sources which it considers reliable. However, India Stock does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. India Stock especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letter or website .You are responsible for your own investment decisions. India Stock will not be responsible for any errors or omissions in articles or postings, for hyperlinks embedded in messages, or for any results obtained from the use of such information. India Stock will not be liable for any loss or damage caused by a reader's reliance on information obtained in our area, or in a hyperlinked area. India Stock (A Unit of IBN Services, New Delhi).

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