Daily News Letter Dated 18th Dec 2006--Given to paid members before mkt hrs....
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Daily News Letter—Dated 18th DEC 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 3888.65 (45.60) Resistance – – 3940, 3990, 4035, 4080, 4100 Supports – 3860, 3830, 3790
SENSEX: Previous Close13614.50 (127.30) Resistance –13750, 13920, 14000, 14120 Supports –13575, 13500, 13380
Mkt to remain range bound with support at 3850, Buy at decline or sell higher for gains with resistance at 3940 for strong moves.
BTST given in Last Trade (Cash /Fut): JSTAINLESS, NTPC, ITC
IPO DIARY: Lumax Auto (App. date: 14-21 Dec 2006); Price Band: 75; Our View: Good for Mid-term.
SCRIPTS | TGT (BEL SL) | STOP LOSS | CMP | TRADE AROUND | TARGET 1 & 2 |
Hot today | |||||
WIPRO | --- | Exit Bel 550 | 564 | 557-564 | 569-577 |
TITAN | 735-731 | Must Sell Bel 743 | 759 | Buy Abv 750 | 767-774 |
Derivative- Future | |||||
BHEL | ---- | Exit Bel 2450 | 2509 | 2480-2510 | 2547-2564 |
BHARAT FORGE | 331-329 | Sell Bel 335 | 341.8 | 339-342 | 345-348.50 |
Derivative- Option | Max Profits | Max Loss | |||
………. CA …… | Buy At 10-12 | 5 | 12 (Tgt 19-25) | Rs. 9000 | Rs. 3000 |
Investment Pick | Remarks | ||||
C………………. | Exit Bel-- 58 | Buy at 62-67 | Tgt 80-85 | Must Buy for 1-2 months for huge gains. |
Yesterday’s Online Calls(C/F): JANDALSTEEL (CASH/FUT), CORPBANK (CASH/FUT), PUNJLYOD (CASH/FUT), BHARATFORGE (CASH/FUT), WIPRO (CASH/FUT), PATNI (CASH/FUT), IVRCL (CASH/FUT), DRREDDY(CASH/FUT), L&T (CASH/FUT), WIPRO (CASH/FUT), HLL (CASH/FUT), etc.…….. Almost 90-100% success in News Letter and 90% success in Online Calls in last trade.
Accumulate at Declines (for short terms): Wait for few days for fresh picks.
For Online Calls join me in Yahoo Messenger: nse_bse4gain
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