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