Tuesday, October 17, 2006

Daily News Letter Dated 17th Oct 2006--Given to paid members before mkt hrs......Visit: www.ibnservice.com

~~OM~~

Daily News Letter—Dated 17th Oct 2006

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

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Only Few Days Left for festive offer up to 21st Oct. 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 3723.95 (47.90) Resistance – 3750, 3775, 3800 Supports – 3690, 3610, 3580, 3540

SENSEX: Previous Close12928.20 (191.80) Resistance –13000, 13100, 13200 Supports –12780, 12500, 12410, 12300

Mkt heading to resistance 3775, expect selling pressure over here, Sell high & buy new.

Sensex Range for This Week: 12000-13100 above which it will touch 13250+ Bel Tgt 11600; Crucial is 12950

HOT FOR DAY TRADERS: TRADE ON: DABUR (C/F), ICICI BANK (C/F), TITAN (C/F), ZEE (C/F), PRATIBHA IND.

BTST given in Last Trade (C/F): DABUR (Buy 143 SL 141 Tgt 146); BHARTI (Buy 482 SL 478 Tgt 490+); GESHIPPING

Board Meetings/ Result Today: HDFC, Petronet, Bharat Forge, Polaris, South Ind Bk, Jetair, IPCL, BILT, IIL, NDTV, JP Assoc.

SCRIPT (CMP)

BUY/ SELL

TARGET 1-2

S. LOSS

STRATEGY

Hot today

TCS (1129)

Buy Abv 1120

1144-1150

1115

Good for traders, Trade in Cash/Fut with SL. Ready to blast.

Day Trading

ICICIBANK (720)

Buy At Decline

732-739

710

Hot for traders, buy at declines in C/F. Good rise.

IVRCL (286)

Buy At Dips

290-295

Exit Bel 280

Hot for Traders, Trade in C/F with bulk qty.

BILT (122)

Buy Abv 121

124-126

120

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

Derivative- Future

Fut- TITAN (831)

Buy Abv 831

845-854

820

Very-Very Hot stocks, must trade in bulks for gains.

Fut- ITC (194)

Buy At Dips

197-200

190

Stocks has consolidated a lot, buy at all declines.

Derivative- Option

Opt- …… CA ….. (10.7)

Buy At Dips

18-24

5

Must Buy in bulk & hold till exp. Buy Future too.

Investment Picks

S…………. (74)

Buy Abv 72

80-90

69

Buy in Bulk for 4-6 weeks for huge profits.























Accumulate at every decline: GNFC (104), IFCI (9.4), WS IND (61), GARWARE (51), JAIN STUDIO (17) for quick gains in few days.

Yesterday’s Online Calls(C/F): WIPRO (CASH/FUT), ONGC (CASH/FUT), BHEL (CASH/FUT), GMRINFRA (CASH/FUT), ICICIBANK (CASH/FUT), ITC (CASH/FUT), TITAN (CASH/FUT), RIL (CASH/FUT), GNFC (CASH/FUT), RCOM (CASH/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/

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