Daily News Letter Dated 19th Dec 2006--Given to paid members before mkt hrs....
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Daily News Letter—Dated 19th 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 3928.75 (40.10) Resistance – 3940, 3990, 4035, 4080, 4100 Supports – 3860, 3830, 3790
SENSEX: Previous Close13731.10 (116.60) Resistance –13750, 13920, 14000, 14120 Supports –13575, 13500, 13380
As written earlier, with many hiccups mkt is heading to new high again due to short covering.
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 | |||||
DRREDDY | 780-775 | Sell Bel 787 | 804 | 795-805 | 815-820 |
CESC | ---- | Exit Bel 300 | 311 | 306-312 | 316-320+ |
Derivative- Future | |||||
RCOM | ---- | Exit Bel 460 | 471 | 467-471 | 477-480+ |
TISCO | 453-450 | Sell Bel 460 | 470 | 465-471 | 478-483 |
Derivative- Option | Max Profits | Max Loss | |||
G……. CA ….. | Buy At 15-20 | 8 | 20 (Tgt 30-40+) | Rs. 25000+ | Rs. 7000 |
Investment Pick | Remarks | ||||
A…….... | Exit Bel—18.50 | Buy at 21-23 | Tgt 35-40 | Should for 3-6 months for gains & Tgt. |
Yesterday’s Online Calls(C/F): JINDALSTEEL (CASH/FUT), BOB (CASH/FUT), NTPC (CASH/FUT), ZEETELE (CASH/FUT), NIFTY (FUT), ICICIBANK (CASH/FUT), ACC (CASH/FUT), TCS (CASH/FUT), L&T (CASH/FUT), GNFC (CASH/FUT), MNM (CASH/FUT), etc.…….. Almost 90-100% success in News Letter and 100% 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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