Friday, November 24, 2006

Daily News Letter Dated 24th Nov 2006--Given to paid members before mkt hrs....

~~OM~~

Daily News Letter—Dated 24th Nov 2006

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

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~~~~~~~~~~ Soon coming up with trading advices & guidance in commodities ~~~~~~~~~~

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

NIFTY: Previous Close 3945.45 (9.30) Resistance – 3960, 3990, 4035 Supports – 3935, 3880, 3850, 3830, 3800, 3780

SENSEX: Previous Close13680.80 (25.70) Resistance – 13740, 13790, 13900 Supports – 13500, 13400, 13320, 13200, 13100

Mkt will open weak but recovery from lower levels expected,Banking stocks should be accumulated

Sensex Range for This Week: 12600-13500 above which it will touch 14000+ Bel Tgt 12000; Crucial is 13500

BTST given in Last Trade (C/F): S…………., B…………, G………….

IPO DIARY: Ruchira Papers (App. date: 23-29 Nov 2006); Price Band: 21-23; Our View: Apply.

SCRIPT (CMP)

BUY/ SELL

TARGET 1-2

S. LOSS

STRATEGY

Hot today

HPCL (317)

Buy At 310-315

321-325

Exit Bel 307

Buy in C/F for gains, Buy at declines. Bel SL Tgt 301

VSNL (439)

Buy C/Fut At 430-435

444-449

Sell Bel 425

Something cooking in the stock, huge accumulation.

Derivative- Future

Fut- COLGATE (387)

Buy At 384-387

393-398

Exit Bel 380

Very Hot for traders, buy at decl in C/F. Keep strict SL.

Fut- BHARTIAIR (625)

Buy Abv 622-626

634-639

Exit Bel 618

Something cooking in F&O. Before exp Tgt 650.

Derivative- Option

Opt- I…………. CA…. (15)

Buy At 10-15

20-28

Bel 7

Max. Profit= 10000; Max. Loss 2100 (Per Lot)

Investment Picks

I……………… (93)

Buy At 88-93

108-120

Bel 82

Accumulate at decline for 3-6 months.






















Short covering in F&O expected before expiry(Nov): Bajaj Auto, TVS Motors, BEL, Orchid, Matrix, GNFC, JET AIR, BILT etc .

Yesterday’s Online Calls(C/F): BOB (CASH/FUT), VSNL (CASH/FUT), RELCAP (CASH/FUT), TISCO (CASH/FUT), BHEL (CASH/FUT), ASHLEY (CASH/FUT), NDTV (CASH/FUT), COLGATE (CASH/FUT), TCS (CASH/FUT), SYNDBNK (CASH/FUT), ICICIBANK (CASH/FUT), etc.……..Almost 90-100% success in News Letter and 90% success in Online Calls in last trade.

For Online Calls join me in Yahoo Messenger: nse_bse4gain

Disclaimer – India Stock (A unit of India Business Network Services, 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 Services, New Delhi).

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