Daily News Letter Dated 24th Aug 2006--- Given to paid members during mkt hrs...........Join Now
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Daily News Letter—Dated 24th 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 3335.80 (28.80) Resistance – 3357, 3385, 3400, 3420 Supports – 3310, 3275, 3250
SENSEX: Previous Close 11406.70 (95.90) Resistance –11480, 11600, 11675, 11800 Supports –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, VSNL,NTPC
BTST given in Last Trade (C/F): INDCEM (Buy 189 SL 187Tgt 193); PUNJLLOYD (Buy 765 SL 760Tgt 780); IVRCL
Board Meetings Today: Abbott
SCRIPT | BUY/ SELL | TARGET 1-2 | S. LOSS | STRATEGY |
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Day Trading |
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| TCS | Sell Bel 210 | 205-201 | 213 | Hot for Traders in C/ F. | ||||||||||||||
| MANGLMCEM | Sell Bel 166 | 161-157 | 169 | Trade with mkt trend in C/F. | ||||||||||||||
| ITC | Sell Bel 180 | 174-171 | 182 | Trade with mkt trend in C/F. | ||||||||||||||
| VSNL | Buy Abv 412 | 417-424 | Sell Bel 410 | Hot for traders, Buy &Sell smartly in C/F, Bel Tgt 402-395. | ||||||||||||||
Derivative- Future |
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Fut- SRF | Buy Abv 241 | 247-249 | 238 | Given a breakout and going to achieve Tgt 119+ |
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Fut- SBI | Sell Bel 867 | 855-848 | 872 | Trade With Mkt, Stock is Looking WK. |
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Derivative- Option |
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Opt- T…………. | Buy at decl | 14-18 | 5 | Huge Selling is seen in this Stock. |
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Investment Picks |
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M………. | Buy Abv 7.5 | 8- 8.20 | 7 | Good stock for 1-3months, Long term Tgt 9.50+ |
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S…………………. | Buy Abv 154 | 160-165 | 151 | Buy at decline, Good stock for portfolio short trm Tgt 175+ |
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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) , MPHASIS (C/F), ORCHIDCHEM(SHORT), SRF (SHORT), VSNL (CASH/FUT), SUNPHARMA (CASH/ FUT), CELEBRITY (CASH), BONGAIRF (CASH/FUT), BILT (CASH/FUT), RAJESHEXPO(CASH), etc.……..Almost 100% success in News Letter and 90% 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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