Tuesday, October 03, 2006

Daily News Letter Dated 3rd Oct 2006--Given to paid members before mkt hrs......

~~OM~~

Daily News Letter—Dated 3rd Oct 2006

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

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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 3588.40 (16.65) Resistance – 3605, 3620, 3650, 3680 Supports – 3560, 3510, 3480, 3450

SENSEX: Previous Close 12454.42 (73.70) Resistance–12500, 12560, 12680, 12800 Supports –12320, 12100, 12000, 11900

Mkt to open downside due to global cues, recovery at later half will be seen. Buy low sell high.

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: SAIl (C/F), CUMMINS (C/F), MRPL (C/F), BEL (C/F)

BTST given in Last Trade (C/F): SAIL (Buy 77.7 SL 77 Tgt 78.5-79); L&T (Buy 1270 SL 1260 Tgt 1295); TATA POWER

Board Meetings Today: Oudh Sugar Mills Ltd, Marg Constructions Ltd, Tripex Overseas Ltd, Kaashyap Tech Ltd.

SCRIPT (CMP)

BUY/ SELL

TARGET 1-2

S. LOSS

STRATEGY

Hot today

SAIL (77.95)

Buy At Decl

78.50- 79.80

Sell Bel 75

Giving a Breakout, Buy at Every Decline in Cash/Fut.

Day Trading

CENTURYTEX(511)

Buy At Dips

516-524

Exit Bel 500

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

BH FORGE (358)

Buy At Declines

361-365

Sell Bel 350

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

HINDALCO (171)

Buy At 170

174-177

Sell Bel 167

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

Derivative- Future

Fut-D………..(2200)

Buy Abv 2180

2235-2250

Exit Bel 2160

Accumulate at declines for sudden spurt. Looking Good

Fut- S……… (238)

Buy At Dips

241-244

Sell Bel 232

Looking good on charts for 2-3 days, Buy in bulk.

Derivative- Option

Opt-….. CA …………(4.6)

Buy At Dips

5-7

3

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

Investment Picks

H…………. (139)

Buy Abv 130

17-195

125

Buy in Bulk for 3-6 months for huge gains for sure.























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): RANBAXY (CASH/FUT), POLARIS (CASH/FUT), GESHIPPING (CASH/FUT), MARUTI (CASH/FUT), INDHOTEL (FUT), NDTV (CASH/FUT), IDFC (C/F), GMRINFRA(C/F), NALCO (CASH/FUT), JKBANK (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/

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