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