Wednesday, December 20, 2006

Daily News Letter Dated 20th Dec 2006--Given to paid members before mkt hrs....

~~OM~~

Daily News Letter—Dated 20th 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 3832.00 (96.75) Resistance – 3880, 3940, 3990, 4035 Supports – 3830, 3790, 3750

SENSEX: Previous Close13382.00 (349.10) Resistance –13500, 13750, 13920 Supports –13380, 13250, 13100

Mkt to bounce back from Y’Day blood bath. Expect nifty to come up to 3900 levels from lower levels. Avoid long positions until F&O expiry, Be a trader with strict stop loss for gains.

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): BAJAJAUTO, CENTURYTEXT

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

BHEL

2374-2390

Buy Abv 2350

2291

Sell on Rise

2260-2242

INDHOTEL

----

Exit Bel 145

151

148-151

154-157+

Derivative- Future

HEROHONDA

730-725

Sell Bel 735

749

742-749

758-765

PATNI

486-483

Sell Bel 490

400

395-400

407-410

Derivative- Option

Max Profits

Max Loss

…… CA ……

Buy At 10-15

5

15 (Tgt 30-40+)

Rs. 20000+

Rs. 3500

Investment Pick

Remarks

R……………

Exit Bel—25

Buy at 29-32

CMP-30 Tgt 40-49

Should for 3-6 months for gains & Tgt.

Yesterday’s Online Calls(C/F): JINDALSTEEL (CASH/FUT), BOI (CASH/FUT), SUZLON (CASH/FUT), UTIBANK (CASH/FUT), NIFTY (FUT), CUMMINS (CASH/FUT), BAJAJAUTO (CASH/FUT), IVRCL (CASH/FUT), MARUTI (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 (IBN) 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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