Daily News Letter Dated 6th Feb 2007--Given to paid members before mkt hrs...

~~OM~~

India Stock (A Unit of IBN Services, New Delhi)

Daily News Letter—Dated 06^th Feb 2007

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Advice: Book profits in Intra-day at gain of 2-3% in stock (Cash/Fut) & don’t be greedy for money.

NIFTY: Last Trade Close: 4215.35 (31.85) Resistance – 4220, 4250, 4290 Supports – 4200, 4150, 4100, 4060, 4035

SENSEX: Last Trade Close: 14515.90 (112.13) Resistance –14530, 14600, 14700 Supports –14450, 14300, 14180, 14070

We are heading to Nifty 4250, our long Tgt. Mkt may see some sea-saw movements but firm closing expected. RIL will show the strength today for mkt movement.

Sensex Range for This Week 14000-14700 above which it will touch 15000 Bel Tgt 13700; Resistance is 14500 closing.

BTST in Last Trade (Cash /Fut.): IDBI (Buy 106, SL 104.5, 1^st Tgt 108 Banged); IVRCL-Fut (Buy 432, SL 428, Tgt 440-444)

IPO DIARY: Indian Bank (App. date: 05-09 Feb); Price Band: 77-91; Our View: Must Apply for mid term.

SCRIPTS	Sell TGT	S. LOSS		CMP	BUY AROUND			TGT 1 & 2		Remarks
Hot Today
L&T	1622-1610	Sell Bel 1650		1692	Cash/ Fut. 1670-1690			1724-1740		Giving a breakout Tgt 1750+.
IFCI	28.50-28.20	Sell Bel 28.95		29.90	Buy C/ F Abv 29.40			30.50-31+		We are long for last 2 months.
Derivative- Future
BHARATFORGE	346-342	Sell Bel 352		359	Buy Around 355-357			364-368		Today.
GLAXO	1168-1160	Sell Bel 1185		1220	1205-1220			1234-1245		Something.
Derivative- Option
…… CA….	Buy At 0.6-0.8	CMP 1.0	SL 0.3		Tgt 1.4--2	Profit Unltd.			Max Loss: 8000		Buy for 2 weeks.
Investment Pick							Remarks
L………….	Exit Below 22	CMP 27		Buy At 25-28		35-40	Must Buy for 4-8 weeks for good gains.

Yesterday’s Online Calls(C/F): RPL (FUT), SIEMENS (FUT), PRAJIND (CASH/FUT), SBI (CASH/FUT), ALOK (CASH/FUT), NIFTY (FUT), MATRIX (CASH/FUT), WIPRO(CASH/FUT), DIVISLAB (CASH/FUT), JETAIR (CASH/FUT), IFCI (CASH/FUT), IDFC (CASH/FUT), IDBI (CASH/FUT) etc.

Accumulate at Declines (for short terms): ROHIT FERRO (32 Tgt 50 SL 27), IPCL (289 Tgt 325 SL 265), SIEMENS (1140 Tgt 1300 SL 1100), MTNL (165 Tgt 200 SL 150), GNFC (110 Tgt 140 SL 100), ASHAPURA MINERAL (245 Tgt 300 SL 225) etc.

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