Daily News Letter—Dated 16th Oct 2006....... Given to Paid Members Before MKT Hr

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Daily News Letter—Dated 16^th Oct 2006

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

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Only few days left for festive offer up to 21^st Oct 2006. 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 3676.05 (55.00) Resistance – 3690, 3720, 3750, 3780 Supports – 3610, 3580, 3540, 3500

SENSEX: Previous Close12736.40 (198.40) Resistance –12780, 12900, 13000, 13100 Supports –12500, 12400, 12230, 12100

Mkt may open downside, recovery at later half will be seen. Buy low sell high.

Sensex Range for This Week: 12100-13000 above which it will touch 13300+ Bel Tgt 11600; Crucial is 13000

HOT FOR DAY TRADERS: TRADE ON: ONGC (C/F), DR REDDY (C/F), SCI (C/F), TATA TEA (C/F), STERLITE(C/F)

BTST given in Last Trade (C/F): WIPRO (Buy 555 SL 550 Tgt 564); GUJAMB (Buy 121.5 SL 119 Tgt 124); TATATEA

Board Meetings Today: JMFinance, IndiaBulls, HB Portfolio, GTC Industries, GP Elactronics, Geometric Soft, Venus Remedies.

SCRIPT (CMP)

BUY/ SELL

TARGET 1-2

S. LOSS

STRATEGY

Hot today IPCL (311) Buy Abv 310 316-320 305 Very hot stock, trade in C/F with bulk qty. Maintain SL. Day Trading

TCS (1103)

Buy At Decline

1124-1140

Exit Bel 1087

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

IND CEMENT (227)

Buy At Dips

230-234

222

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

DR REDDY (725)

Grab at Open

740-750

720

Grab the stock in C/F, Ready to see a high take-off.

Derivative- Future

Fut- ITC (189)

Buy Abv 186

192-195

184

Ready to show the strength. Looking Good

Fut- TATA TEA (750 )

Buy At Dips

763-770

740

Big news on the card & talk of the street, Trade must.

Derivative- Option

Opt- ……. CA ….. (21)

Buy At Dips

30-38

10

Low risk & high gain, Trade with SL. Hold this week.

Investment Picks

J………….(760)

Buy Abv 750

820-880

735

Buy in Bulk for 4-6 weeks for good gains. Maintain SL

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): SUZLON (CASH/FUT), BEL (CASH/FUT), BHEL (CASH/FUT), JSTAINLESS (CASH/FUT), IVRCL (CASH/FUT), HLL (CASH/FUT), INFOSYS (CASH/FUT), RIL (CASH/FUT), ITC (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).

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