Tuesday, October 10, 2006

Daily News Letter Dated 9th Oct 2006--Given to paid members before mkt hrs.....

~~OM~~

Daily News Letter—Dated 9th 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 3569.70 (4.80) Resistance – 3585, 3605, 3650 Supports – 3540, 3500, 3480, 3440

SENSEX: Previous Close12372.80 (16.60) Resistance – 12440, 12500, 12700 Supports –12300, 12200, 11950, 11700

Mkt may open downside due to weak global mkt. Recvery expected from lower levels. Buy in panic

Sensex Range for This Week: 11600-12800 above which it will touch 13000+ Bel Tgt 11300; Crucial is 12700

HOT FOR DAY TRADERS: TRADE ON: MTNL (C/F), GNFC (C/F), MRPL (C/F), REL (C/F), HEROHONDA (C/F)

BTST given in Last Trade (C/F): GNFC (Buy 110 SL 108 Tgt 113); MTNL (Buy 161 SL 157 Tgt 164.50); SIEMENS

Board Meetings Today: MTZ Idust, OK Play India Ltd, KZ Leasing & Finance, KEW Indut, Axis Capital Mkt, Syncom For.

SCRIPT (CMP)

BUY/ SELL

TARGET 1-2

S. LOSS

STRATEGY

Hot today

MRPL (44.8)

Buy At Decl

45.80-47

43.70

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

Day Trading

COLGATE (380)

Buy At Dips

385-388

371

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

GUJ AMBUJA (121)

Buy At Decline

123-125

118

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

ARVIND (71)

Buy at Dips

72.5-73.8

Exit Bel 68

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

Derivative- Future

Fut- MTNL(162)

Buy Abv 161

164-167

Sell Bel 158

Accumulate at declines for sudden spurt. Looking Good

Fut-TATASTEEL(536)

Buy At Dips

544-549

Sell Bel 525

Trade the stk both side for huge gains, Bel SL Tgt 518

Derivative- Option

Opt- ……P….. (94)

Buy At Dips

125-149-190

50

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

Investment Picks

P…………. (127)

Buy At any Dips

148-164

110

Buy in Bulk for 2-3 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): VSNL (CASH/FUT), ICICIBANK (CASH/FUT), BPCL (FUT), ESSAROIL (CASH/FUT), HPCL (CASH/FUT), MRPL (CASH/FUT), GNFC (C/F), DIVISLAB(FUT), RCOM(C/F), 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).

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

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