Daily News Letter Dated 23rd Aug 2006-- Given to paid members before mkt hrs....
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Daily News Letter—Dated 23rd Aug 2006
India Stock (A Unit of IBN Services, New Delhi)
Visit: http://ibnservices.googlepages.com/stock
Phone: 98999-0-9899
We have launched new packages w.e.f 1st 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 3364.60 (1.40) Resistance – 3385, 3400, 3420, 3475 Supports – 3335, 3310, 3275, 3250
SENSEX: Previous Close 11502.62 (9.06) Resistance –11550, 11600, 11675, 11800 Supports –10750, 11300, 11200, 11110
Mkt again to be volatile with Res at 3400, Avoid over trading and long positions.
Sensex Range for This Week: 11000-12000 above which it will touch 12200 below Tgt 10500; Crucial is 11600.
HOT TODAY: TRADE ON: KTK BANK (C/F), STERLITE (C/F), BILT(C/F), SRF (Sell), HINDALCO
BTST given in Last Trade (C/F): HINDALCO (Buy 164 SL 163 Tgt 168); CIPLA (Buy 250 SL 247 Tgt 256); JSTAINLES
Board Meetings Today: HCLInfo, OudhSugr, MysoreCem, VatsaEdu, Karuturi, Webel SL, Shri Nachammai Cotton.
SCRIPT | BUY/ SELL | TARGET 1-2 | S. LOSS | STRATEGY |
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Day Trading |
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| HINDALCO | Buy Abv 163.50 | 167-170 | 161 | Hot for Traders in C/ F, Ready to blast any time. | ||||||||||||||
| ORCHIDCHEM | Sell Bel 209 | 205-201 | 212 | Trade with mkt trend in C/F, For risky traders only. | ||||||||||||||
| RAJESH EXP | Buy Abv153 | 159-163 | Bel 150 | Hurdle at 165 then all round buying for Tgt 175+ soon | ||||||||||||||
| BILT | Buy Abv 113 | 116-118 | 110 | Hot for traders, Buy & gain smartly in C/F, looking good | ||||||||||||||
Derivative- Future |
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Fut- SRF | Sell Bel 240 | 235-232 | 243 | Given a breakout and going to achieve Tgt 119+ |
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Fut- VSNL | Buy Abv 402 | 409-414 | Sel Bel 402 | Trade With Mkt and Sell Below for Tgt 395-392 |
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Derivative- Option |
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Opt- T…… CA … | Buy Abv 9 | 14-18 | 5 | PAID MEMBERS |
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Investment Picks |
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B…………… | Buy Abv 29 | 34-37 | 27 | PAID MEMBERS |
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C………… | Buy Abv 165 | 185-200 | 159 | PAID MEMBERS |
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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): NIFTY FUT (SHORT) , PUNJLLYOD (C/F), STERLITE (C/F), SRF (CASH/FUT), IVRCL (CASH/FUT), SUNPHARMA (CASH/ FUT), IDBI (CASH/FUT), CENTURY (CASH/FUT), JET AIR (C/F), BILT (CASH/FUT), JINDALSTEE L(CASH/FUT),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
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