Daily News Letter Dated 24th Nov 2006--Given to paid members before mkt hrs....
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Daily News Letter—Dated 24th Nov 2006
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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
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 | |||||||||||||||||||||||||
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| VSNL (439) | Buy C/Fut At 430-435 | 444-449 | Sell Bel 425 | Something cooking in the stock, huge accumulation. | |||||||||||||||||||||||||
| Derivative- Future |
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| 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 |
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| Opt- I…………. CA…. (15) | Buy At 10-15 | 20-28 | Bel 7 | Max. Profit= 10000; Max. Loss 2100 (Per |
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| Investment Picks |
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| I……………… (93) | Buy At 88-93 | 108-120 | Bel 82 | Accumulate at decline for 3-6 months. |
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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
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