Daily News Letter Dated 12th Oct 2006--Given to paid members before mkt hrs.....Join us now

~~OM~~

Daily News Letter—Dated 12^th Oct 2006

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

Visit: http://www.ibnservice.com/ (Launched)

http://ibnservices.googlepages.com/stock

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

Phone: 9899909899 and 9212189899

Avail festive offer up to 21^st Oct on our subscriptions. Visit our websites for details.

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

NIFTY: Previous Close 3558.55 (12. 50) Resistance – 3585, 3610, 3650 Supports – 3540, 3500, 3480, 3440

SENSEX: Previous Close12353.50 (10. 30) Resistance – 12440, 12500, 12700 Supports –12300, 12200, 11950, 11700

Mkt might see 3500 on downward due to profit bookings. Buy good stocks for gains in coming days.

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: BPCL (C/F), HPCL (C/F), WIPRO (C/F), GMR INFRA (C/F), HEROHONDA (C/F)

BTST given in Last Trade (C/F): ITC (Buy 184-185 SL 182 Tgt 188); NIFTYFUT (Buy 3540 SL 3530 Tgt 3565)

Board Meetings Today: Prime Securities, PTL Enterprises, Dalmia Cement, Crisil, India Hotel, Apollo Tyres, TNNP.

SCRIPT (CMP)

BUY/ SELL

TARGET 1-2

S. LOSS

STRATEGY

Hot today BPCL (401) Buy At Decline 409-414 395 Hot for traders, Buy at Every Decline in Cash/Fut for gains. Day Trading

MPHASIS (200)

Buy at any dip

204-207

195

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

INDIAHOTEL (1378)

Buy At Declines

1398-1414

Sell at 1365

Hot for Traders, Trade in C/F. Bel SL Tgt 1350- 1335

BHARTI (473)

Buy at Any Dips

479-484

Exit Bel 468

Trade the stock in C/F, Looking good on charts.

Derivative- Future

Fut- CUMMINS (240)

Sell Around 245

238-235

Exit Bel 250

Trade the stock with mkt movement with SL.

Fut- PATNI (423)

Buy At Dips

430-435

415

Looking hot for coming days, Grab & hold at declines.

Derivative- Option

Opt- A…… CA…… (2.95)

Buy At 2-2.5

3.5-5

1.50

Good to buy in bulk with low risk & high gains.

Investment Picks

G………..(50.05)

Buy At 47-50

60-67

44

Accumulate at dips for sudden gains in 2-4 weeks.

T……….. (19.90)

Buy Abv 19

21-24

18.50

Good stocks for long term investors to double money.

Accumulate at every decline: Avoid buying as mkt is sideways and expect some profit bookings in coming days.

Yesterday’s Online Calls(C/F): INFOSYS (CASH/FUT), DABUR (CASH/FUT), NIFTY (FUT), BPCL (CASH/FUT), GMRINFRA (CASH/FUT), I-FLEX (CASH/FUT), SRF (C/F), ABB (FUT), RCOM (C/F) , NIFTY (FUT) 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).

Write to: indiastock@gmail.com Visit: http://nse-bse.blogspot.com/

http://finance.groups.yahoo.com/group/NSE_BSE/