Daily News Letter Dated 29th Aug 2006-- Given to paid members before mkt hrs-- Join us

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Daily News Letter—Dated 29^th Aug 2006

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

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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 3401.10 (15.15) Resistance – 3440, 3460, 3485, 3510 Supports – 3385, 3355, 3335, 3310

SENSEX: Previous Close11619.50 (47.30) Resistance – 11750, 11820, 11900, 12000 Supports –11560, 11450, 11380, 11300

Nifty heading to 3440 today, book profits at higher levels. Volatility to continue due to F&O.

Sensex Range for This Week: 11100-12200 above which it will touch 12500 below Tgt 10800; Crucial is 11750

HOT TODAY: TRADE ON: INFOSYS (C/F), RIL (C/F), IND CEMENT (C/F), BONG REF (C/F), GNFC, HLL

BTST given in Last Trade (C/F): ESSAR OIL (Buy 53 SL52.50 Tgt 54.20); HLL (Buy 239 SL 236 Tgt 244); IND CEM

Board Meetings Today: SRG Info, MSK Project, Jupiter Bio Sc, Sri Adhikari Bro, Lloyd Electric, A K Capital.

SCRIPT		BUY/ SELL	TARGET 1-2		S. LOSS		STRATEGY
Hot today NEYVELI LIGNITE Buy Abv 62 65-66.50 Bel 60 Ready to blast in Cash/Fut, A sharp rise will be seen. Day Trading
	ESSAR OIL	Buy Abv 52.50		54-54.50		52		Hot for Traders in C/ F. Tgt till expiry 56-57.
	INFOSYS	Buy At Dips		1795-1814		1750		Hot buy in C/F, will lead the mkt to upward.
	STERLITE	Buy Abv 433		444-449		428		Trade with mkt trend in C/F. Trade both side.
	INDCEM	Buy Abv199		205-208		197		Hot for Traders. Trade in C/F. Ready to explode Abv 205.
Derivative- Future
Fut- UTI BANK		Buy Abv 350	357-363		342		Hot for traders, Buy & gain smartly, looking good.
Fut- IOC		Buy Abv 470	478-484		465		Looking hot for trade in bulk.
Derivative- Option
Opt- RIL CA 1110		Buy At dip	40-50		10		Looking good for buy and hold till expiry for high gain.
Investment Picks
S………………		Buy Abv 130	148-165		115		Looking good on charts, Ready to blast in short term.
A……………..		Buy Abv 450	495-550		425		Buy and hold for 2-4 weeks for Tgt, Long Term Tgt 650

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): UTIBANK (C/F), IVRCL (C/F), TISCO(C/F), BANKINDIA (C/F), INDIACEM (CASH/FUT), SRF (CASH/FUT), HLL (CASH/FUT), BEL (Fut); RIL 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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