Daily News Letter Dated 19th Mar 2007--Given to paid members before mkt hrs...

~~OM~~

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

Daily News Letter—Dated 19^th Mar 2007

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Advice: Book profits in Intra-day at gain of 2-3% in stock (Cash/Fut) & don’t take risk with your money.

NIFTY: Last Close: 3608.55 (35.05) Resis – 3650, 3700, 3800, 3850, 3940 Supports –3580, 3540, 3500, 3440

SENSEX: Last Close: 12430.40 (113.45) Resis – 12570, 12750, 13150, 13350 Supports –12300, 12150, 12000, 11800

Mkt to remain volatile. Sell at rise at opening trade & buy at lows at later in day. Nifty has good support at 3500, if broken then we are heading for 3350 & resistance at 3850 for short covering .

BTST in Last Trade (Cash /Fut.): NIFTY-FUT (Buy 3568 & Dips, SL 3540, Tgt-3600 & 3615);

IPO DIARY: Orbit (App. date: 20-23 Mar); Price Band: 108-117; Our View: Avoid.

SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL	STRATEGY
Hot Today
BPCL (300)	Buy C/ F At CMP/Dip	305	308	295	Looks good 4 upside, But trade with SL in C/F.
IVRCL (270)	Buy C/F At 265-270	274	277+	260	Trade with strict SL, Good support at 250.
Derivative- Future (Strategy)
SBI (915)	Sell At Rise to 930	905	893	940 --	Max Profits: Rs. 10000+ Max Loss: Rs. 3000	Turning weak on daily charts.
SBI CA 940 (20.8)	Buy With Future	Hedging Positions
SUN PHARMA- (1008)	Buy At Dips	1023	1034	Bel 990 --	Max Profits: Rs. Unlimited Max Loss: Rs. 2000	You Can buy for gains today.
SUNPHR PA 990 (37.6)	Buy Around 20-30	Hedging Positions
Derivative- Option (Strategy)
VSNL PA 360 (20)	Buy At Dips 15-12	29	37	--- ----	Max Profits: Unlimited Max Loss: Rs. 3000	Buy for 1 week, stock is weak.
VSNL CA 380 (12.90)	Buy At 10-8	Hedging Positions

Yesterday’s (16^th March 2007) Performance in Online Calls: Total Profit/Loss: Rs. 35860/= Approx.

SCRIPT	RECOM PRICE	PROFIT/ LOSS (Rs.)	LOT SIZE	NET PROFIT/ LOSS (In Rs.)
PRAJIND-Buy&Sell	374 & 370	6	1100	6600
IFCI- SELL	25	0.70	7875	5500
BALRMPUR-Carry	61	-1.10	2400	-2640
SOBHA- SELL	795	20	350	7000
NIFTY - Buy & Sell	3600 & 3580	38+40= 78	50	3900
RENUKA- SELL	370	8	500	4000
PUNJ LLYOD	770	14	300	4200
JINDAL STL	2135	20	125	-2500
STBT- CORPBNK	218	7	1200	8400
BTST- NIFTY	3610	28	50	1400

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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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