Daily News Letter Dated 12th Mar 2007--Given to paid members before mkt hrs...

~~OM~~

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

Daily News Letter—Dated 12^th Mar 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 Close: 3718.00 (43.65) Resis – 3800, 3850, 3940, 4000 Supports – 3700, 3650, 3580, 3540, 3500

SENSEX: Last Close: 12884.99 (164.36) Resis – 13150, 13350, 13700 Supports – 12750, 12570, 12300, 12150, 12000

Mkt remains volatile with weak sentiments, Range bound movt will be seen in coming days too. If Mkt doesn’t close below 12000 in coming days then expect short covering very soon for Tgt 13700.

Sensex Range for This Week 12000-13150 above which it will touch 14000 Bel Tgt 11500; Support is 12000 closing.

BTST in Last Trade (Cash /Fut.): ZEETEL-CASH (Buy 225, SL 222, Banged 1^st Tgt 229).

IPO DIARY: Gremach Infra (App. date: 08-14 Mar); Price Band: 75-90; Our View: Apply for short term.

SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL	STRATEGY
Hot Today
SAIL (103.9)	Buy C/ Fut. 102-103	105	106.5	99.90	Strong stock in volatile Mkt, any side move exp.
BAJAJHIND (169)	Buy C/ Fut. At Dips	172	175	164	Looking Good on Charts for today, Maitain SL.
IND CEMENT (153)	Sell C/ Fut. At Open	150	148	160	Huge selling expected for downside to 140-135.
Derivative- Future (Strategy)
RELIANCE- (1314)	Buy Abv 1300	1329	1338	1290	Max Profits: Rs. Unlimited Max Loss: Rs. 1000	Only leader in weak mkt.
RIL PA 1260 (15)	Buy Around 10-12	Hedging Positions
GMRINFRA- (370)	Sell At Rise	365	362	270 --	Max Profits: Rs. Unlimited Max Loss: Rs. 5000	Some more decline seen.
GMRINFR CA 380 (13)	Buy Around 10-13	Hedging Positions
Derivative- Option (Strategy)
…. CE ….. (98.35)	Buy Between 90-100	Hold	till Exp	--- --	Max Profits: Unlimited Max Loss: Rs. 4500	Buy And Hold till F&O Exp.
……PE ….. (100.15)	Buy Between 90-100	Hedging Positions

Yesterday’s (9^th March 2007) Performance in Online Calls:

SCRIPT	RECOM PRICE	PROFIT/ LOSS (Rs.)	LOT SIZE	NET PROFIT/ LOSS (In Rs.)
IDBI (F/C)	69.50	5.50	2400	13200
SAIL (F/C)	104	4.50	2700	12150
TRIVENI (F/C)	47	1.50	3800	5700
NIFTY (FUT)- SELL	3740	35	50	1750
JETAIR (F/C)	555	9	400	3600
NAGCONST (F/C)	156	6	1000	6000
POLARIS (F/C)	165	-2	1400	-2800
BTST- HINDALCO	130.50	-1.5	1595	-2393

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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).

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