Daily News Letter Dated 10th Oct 2006-- Given to paid members before mkt hrs....

~~OM~~

Daily News Letter—Dated 10^th Oct 2006

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Advice: Book profits in Intra-day at gain of 2-3% in stock (Cash/Fut) & don’t be greedy for money.

NIFTY: Previous Close 3567.15 (2.55) Resistance – 3585, 3610, 3650 Supports – 3540, 3500, 3480, 3440

SENSEX: Previous Close12365.80 (7.00) Resistance – 12440, 12500, 12700 Supports –12300, 12200, 11950, 11700

Dark clouds are over for today, but volatility remains in the mkt. Mkt to trade both sides for gains.

Sensex Range for This Week: 11800-12800 above which it will touch 13000+ Bel Tgt 11600; Crucial is 12700

HOT FOR DAY TRADERS: TRADE ON: TELCO (C/F), IVRCL (C/F), NDTV (C/F), HINDALCO (C/F), MTNL (C/F)

BTST given in Last Trade (C/F): NDTV (Buy 230 SL 225 Tgt 235+); GMRINFRA (Buy 255 SL 252 Tgt 260+)

Board Meetings Today: Shree Cement, OK Play India Ltd, Sintex Indust, Tata Sponge Iron, ANG Auto, Shrenuj & Company.

SCRIPT (CMP)

BUY/ SELL

TARGET 1-2

S. LOSS

STRATEGY

Hot today GUJ AMB (123) Buy At Decl 126-128 119.80 Looking good, Buy at Every Decline in Cash/Fut. Day Trading

ESCORT (130.7)

Buy At Open

133-135

126

Hot for traders, buy at declines in C/F. Maintain SL

BHARTI (464)

Buy At Decline

469-476

460

Something cooking, Trade in C/F with bulk qty.

POLARIS (135)

Buy at Dips

138-140

132

HOT, Trade the stock in C/F, movement will be with mkt.

Derivative- Future

Fut- STERLITE(455)

Buy Abv 450

462-467

447

Accumulate at declines for sudden spurt. Looking Good

Fut-CIPLA (262)

Buy At Dips

267-270

257

Derivative- Option

Opt- N….. CA 200 (14)

Buy At Dips

24- 29

7

A real gem for option traders, Buy in bulk & hold till exp.

Investment Picks

B………….. (54)

Buy Abv 52

63-68-74

49

Looking good for 4-6 weeks for gains accum at decline.

Accumulate at every decline: Wait for market to see a profit booking to re-enter at lower levels, avoid long positions for now.

Yesterday’s Online Calls(C/F): ASHLEY (CASH/FUT), NDTV (FUT), SRF (CASH/FUT), BEL (CASH/FUT), BHARTI (CASH/FUT), GLAXO (CASH/FUT), RANBAXY(CASH/FUT), L&T(CASH/FUT), IVRCL (C/F) , etc.……..Almost 100% success in News Letter and 90% success in Online Calls in last trade.

Buy for this month: BOOK PROFITS IN LARGE CAPS AND START UNWINDING YOUR STOCKS FOR MILD CORRECTION IN 1-2 WEEKS.

For Online Calls join me in Yahoo Messenger: nse_bse4gain

Disclaimer – India Stock (A unit of IBN Service, New Delhi) 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. We might not hold any positions in above stocks in Cash/ Derivatives. 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 Service, New Delhi).

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