Daily News Letter Dated 26th Mar 2007--Given to paid members before mkt hrs...

~~OM~~

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

Daily News Letter—Dated 26^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: 3861.05 (14.85) Resis – 3910, 3960, 4000, 4050 Supports –3840, 3800, 3730, 3700, 3650

SENSEX: Last Close: 13285.93 (22.10) Resis –13400, 13570, 13700, 13900 Supports –13210, 13050, 12700, 12600

Mkt to show sea-saw movement must buy Nifty around 3800-3810 levels for bounce back. F&O expiry this week will show sharp swings in the Mkt. Short covering in selective stocks will be seen.

Sensex Range for This Week 13000-13700 above which it will touch 14000 Bel Tgt 12850; Resistance is 13300 closing.

BTST in Last Trade (Cash /Fut.): IFCI (Buy 30.75, SL 29.9, Tgt 31.5 Achieved); MARUTI (Buy 835, SL 820, Tgt 845+).

IPO DIARY: Advanta India Ltd. (App. date: 26-30 Mar); Price Band: 600-650; Our View: Avoid.

SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL	STRATEGY
Hot Today
WIPRO (595)	Buy C/ F At 590-595	604	609	Bel 585	Must buy at every decline for day traders.
COLGATE (326)	Buy C/F Abv 320	330	334	317	Showing strength with Volume for upside.
Derivative- Future (Strategy)
REL CAPITAL (673)	Buy At Dips 665-670	679	685	660 --	Max Profits: Rs. 6000+ Max Loss: Rs. 3000	Good for swing traders today.
RELCAP PA 660 (11.45)	Buy With Fut.	Hedging Positions
IND CEM - (165)	Sell at Every Rise	162	160-157	Abv 170 ---	Max Profits: Rs. 7000+ Max Loss: Rs. 3000	Weak on charts, fresh short seen.
IND CEM CA 170 (2.90)	Buy with Fut. At 2.5	Hedging Positions
Derivative- Option (Strategy)
E..... CA ... (1.1)	Must Buy At ....	2	2.5++	--- ----	Max Profits: Unlimited Max Loss: Rs. 2000	Hold Till exp, short cove Seen.
E....PA .... (0.40)	Buy with CA	Hedging Positions

Yesterday’s (23^rd March 2007) Performance in Online Calls: Total Profit/Loss: Rs. 57616/= Approx.

SCRIPT	BUY PRICE	TGT PRICE	PROFIT/ LOSS (Rs.)	LOT SIZE	NET PROFIT/ LOSS (In Rs.)
IFCI	30	32	2	7875	15750
TRIVENI	49	49.90	0.90	3850	3465
BOI ( Alert)	175	173	-2	1900	-3800
NIFTY	3868	3900	22	50	1100
BEL (CARRY OVR)	1520	1550	30	275	8250
IDFC ( LONGCALL)	85	90	5	2950	14750
GUJ AMBUJA	109.5	107.5	-2.0	2062	-4124
AMTEK AUTO	378	387	9	600	5400
ZEETELE	250	247	-3	700	-2100
BTST- IDBI	80	83	3	2400	7200
BTST- RPL	70.50	74	3.50	3350	11725

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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/ http://finance.groups.yahoo.com/group/ibnservices/