Weekly News Letter for Last Week (Dated 11th – 17th Feb 2007)

~~OM~~

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

Weekly News Letter—Dated 11^th – 17^th Feb 2007

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Advice: Book profits in Intra-day at gain of 5-10% in stock (Cash/Fut) & don’t be greedy for money.

NIFTY: Weekly Close: 4187.40 (03.90) Resistance – 4250, 4290, 4320 Supports – 4180, 4140, 4110, 4060

SENSEX: Weekly Close: 14538.90 (135.13) Resistance –14730, 14880, 15000 Supports –14500, 14450, 14300, 14180

Mkt is cautious this week. We can see up & down both in this week. Nifty crucial support lies at 4050 and resistance at 4230 for any side movement. At present, mixed sentiment seen in the mkt.

Sensex Range for This Week 14000-14700 above which it will touch 15000 Bel Tgt 13700; Support is 14300 closing.

TRADER’S PICK: TRADE ON: PUNJ (C/F), SAIL (C/F), HINDALCO (C/F), ZEE (C/F), NTPC (C/F), RCOM-Sell (C/F)

LAST WEEK PROFITS: RADICO - 5%; PARSVNATH (Selling Side)- 14%; AMTEK-Rs 40000; LUPIN-Rs 14000.

IPO DIARY: Mindtree (App. date: 09 Feb - 14 Feb); Price Band: 365-425; Our View: Must apply.

IDEA Cellular (App. date: 12 Feb - 15 Feb); Price Band: 65-75; Our View: Apply for Mid-Term.

Broadcast Init Ltd (App. date: 09 Feb - 14 Feb); Price Band: 100-120; Our View: Avoid.

SCRIPTS	Sell TGT	S. LOSS		CMP	BUY AROUND			TGT 1 & 2		Remarks
Hot Today
WIPRO	620-610	Sell Bel 630		642	Cash/ Fut. At 633-640			660-667		Buy n Hold for few days.
ION EXCHANGE	120-115	Sell Bel 135		156	Grab At any declines			165-170		Giving a breakout on charts.
Derivative- Future
BANKOFINDIA	199-201	Buy Abv 193		187	Sell At 188-190			182-180		Looking weak on charts.
PUNJ LLYOD	1010-1000	Sell Bel 1035		1067	Buy At 1040-1055			1085-1100		Good buying seen last week.
Derivative- Option
HINDLCOCA180	Buy At 2	CMP 2.30	SL 0		Tgt 8-10	Profit Unltd.			Max Loss: 3150		Hold Till Expiry.
Investment Pick							Remarks
G…………..	Exit Below 16	CMP 17.5		Buy At Declines		20-23	Accumulate for 2-3 months. Long Trm Tgt 30+

Performance for Last week:

Cash- PARSVNATH (HOT STOCK) (14% Gain); RADICO KAITAN (HOT STOCK) (5% Gain);

Derivatives- Futures: LUPIN - Fut. (Profit Rs. 14000 Bangs Tgt2); AMTEK- Fut. (Rs 40000+ on weekly basis, Bangs Tgt2);

Options: WIPRO CA 660 (No Profit No Loss, Holding till exp.)

Hot in Street (Investment)- COMPUTECH (20% Rise on weekly charts)

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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. By: India Stock (A Unit of IBN Services, New Delhi). Write to: info@ibnservice.com Visit: http://nse-bse.blogspot.com/ OR http://stock.ibnservice.com/

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