Daily News Letter Dated 21st Dec 2006--Given to paid members before mkt hrs....

~~OM~~

Daily News Letter—Dated 21^st 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 3815.55 (16.45) Resistance – 3880, 3940, 3990, 4035 Supports – 3790, 3750, 3710, 3650

SENSEX: Previous Close13340.20 (41.80) Resistance –13500, 13750, 13920 Supports –13250, 13100, 12960, 12700

Nifty forms double top at 3880 & double bottom at 3760, We expect one side movements from these levels, So avoid long positions below 3880 levels. Today Mkt will recover in late hour’s trade.

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): HCLTECH, BHARTIAIR, JETAIR

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
GMRINFRA	----	Exit Abv 350	341	Sell on Rise	336-333
BOB	----	Exit Abv 245	237	Sell on Rise	233-230
Derivative- Future
JKBANK	654-659	Buy Abv 645	630	Sell on Rise	622--615
ASHLEY	39.30-38.80	Sell Bel 40	41.85	41-42	42.50-43
Derivative- Option				Max Profits	Max Loss
…………….	Buy At 30-40	Hold till Exp	51 (Tgt 100+)	Rs. Unlimited	Rs. 3000
Investment Pick				Remarks
K……..	Exit Bel—90	Buy at 94-99	CMP-99 Tgt 115+	Accum for 3-4 weeks for good gain.

Yesterday’s Online Calls(C/F): JINDALSTEEL (CASH/FUT), RCOM (CASH/FUT), BHEL (CASH/FUT), TVSMOTOR (CASH/FUT), NIFTY (FUT), MNM (CASH/FUT), JSTAILESS (CASH/FUT), ARVIND (CASH/FUT), TATAMOTOR (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).

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