Daily News Letter Dated 22nd Dec 2006--Given to paid members before mkt hrs....

~~OM~~

Daily News Letter—Dated 22^nd 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 3833.50 (17.95) Resistance – 3880, 3940, 3990, 4035 Supports –3790, 3750, 3710

SENSEX: Previous Close13384.90 (44.70) Resistance –13500, 13750, 13920 Supports –13250, 13100, 12960

Nifty likely to sustain Abv 3760 & Mkt should close above 3850 levels for strength in coming days, till Dec F&O expiry. We are likely to see 3950-4000 levels of Nifty by next week.

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): WIPRO (1^st Tgt Achvd same day), L&T

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
RELCAP	564-560	Sell Bel 569	580		Must Buy 575-580	585-593
MATRIX	196-193	Sell Bel 199	207		204-207	210-214
Derivative- Future
PARSVANATH	410-402	Sell Bel 415	425		420-425	430-435+
AUROPHARMA	644-640	Sell Bel 649	663		657-663	670-675
Derivative- Option					Max Profits	Max Loss
………. CA……	Buy At 8-14	4	14 (Tgt 20-25+)		Unlimited	Rs. 3500
Investment Pick					Remarks
V…….	Exit Bel—85	Buy at 90-100	CMP 99	Tgt 125	Must Buy for 2-3 months for gains.
N…………….	Exit Bel—20	Buy At 27-30	CMP 30	Tgt 50+	Good Buy for 3-6 months for gains.

Yesterday’s Online Calls(C/F): JINDALSTEEL (CASH/FUT), WIPRO (CASH/FUT), ESCORT (CASH/FUT), MNM (CASH/FUT), NIFTY (FUT), TCS (CASH/FUT), NICHOLAS (CASH/FUT), MARUTI (CASH/FUT), IVRCL (CASH/FUT), etc.…….. Almost 95-100% success in Daily News Letter and 90% success in Online Calls in last trade.

Short Covering in F&O till Dec Exp: Bajaj auto, RIL, Orchid, BHEL, TISCO, HINDALCO, STERLITE, TATA MOTORS, TVS, ESCORT.

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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