Friday, March 02, 2007

Daily News Letter Dated 2nd Mar 2007--Given to paid members before mkt hrs...

~~OM~~

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

Daily News Letter—Dated 2nd 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 Trade Close: 3811.20 (65.90) Resistance – 3850, 3910, 3960 Supports – 3760, 3710, 3660

SENSEX: Last Trade Close: 13159.55 (221.46) Resistance – 13300, 13450, 13550 Supports – 13000, 12800, 12600

Nifty Support at 3700 Below this can Show 3500 And resistance at 3910 for recoveries.

Sensex Range for This Week 13300-14300 above which it will touch 14500 Bel Tgt 13100; Resistance is 14000 closing.

BTST in Last Trade (Cash /Fut.): AMTEKAUTO-FUT (Buy 367-369, SL 360, Bangs 2nd Tgt)

IPO DIARY: Tubeknit (App. date: 21Feb- 02Mar); Price Band: 90-108; Our View: Apply at lower.

SCRIPTS

Sell TGT

S. LOSS

CMP

BUY AROUND

TGT 1 & 2

Remarks

Hot Today

CENTURYTEXT

512-505

Sell Bel 520

537

Buy C/ Fut. At Dips

544-548+

Some recovery can be seen.

SIEMENS

1088-1080

Sell Bel 1100

1136

Buy C/ Fut. Abv 1120

1149-1162

Showing good move on Charts.

Derivative- Future

AUROPHARMA

633-630

Sell Bel 640

656

Buy Abv 648-656

664-670

Ecpect Both side movement.

GAIL

252-250

Sell Bel 257

265

Buy Abv 260

269-272+

Major Beneficiary in Budget.

Derivative- Option

...... CA ......

Buy At 6-9

CMP 9

SL 2

Tgt 18+

Profit Unltd.

Max Loss: 6400

Buy n Hold for 1 week

Investment Pick

Remarks

H..................

Exit Below 43

CMP 55

Buy At Dips

70-85+

Accumulate for 3-6 months for sure gains.













Yesterday’s Online Calls(C/F): ESCORTS (CASH/FUT), RELIANCE (CASH/FUT), MPHASIS (CASH/FUT), AMTEKAUTO (CASH/FUT), BHARTIAIR (CASH/FUT), etc.

Accumulate at Declines (for short terms):

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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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