Monday, December 18, 2006

Daily News Letter Dated 18th Dec 2006--Given to paid members before mkt hrs....

~~OM~~

Daily News Letter—Dated 18th DEC 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 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.

Sensex Range for This Week: 12500-14100 above which it will touch 14500+ Bel Tgt 12100; Crucial is 14000 closing.

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

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).

Write to: info@ibnservice.com Visit: http://nse-bse.blogspot.com/


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