Daily News Letter Dated 5th Mar 2007--Given to paid members before mkt hrs...

~~OM~~

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

Daily News Letter—Dated 05^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: 3726.75 (84.45) Resis – 3800, 3850, 3940, 4000 Supports – 3700, 3650, 3580, 3540, 3500

SENSEX: Last Close: 12886.13 (273.42) Resis – 13150, 13350, 13700 Supports – 12750, 12570, 12300, 12150, 12000

Global Mkt to weigh on our mkt. Expect a free fall at opening trade, Major falls in Tech stocks with SAIL, RIL, VSNL & other stocks. Mkt should recover from 12500 today, else more blood bath.

Sensex Range for This Week 12100-13700 above which it will touch 14300 Bel Tgt 11900; Crucial is 13300 closing.

BTST in Last Trade (Cash /Fut.): DRREDDY-CASH (Buy 665, SL 657, Tgt 678); BEML-FUT (Sell around 1070)

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
MARUTI (834)	Sell C/ Fut. At Rise	820	811	850	Ready for sharp decline today, Might show 800.
VSNL (361)	Sell C/ Fut. At Open	352	348	370	Some more selling pressure seen today.
Derivative- Future (Strategy)
NIFTY- Fut. (3690)	Sell At 3700-3750	3650	3630	3790	Max Profits: Rs. 5000+ Max Loss: Rs. 1000	Global Mkt will show the effect.
NIFTY CA 3800 (62)	Buy At 50	Hedging Positions
SATYAM- Fut. (427)	Sell At CMP or Rise	420	415	440	Max Profits: Rs. Unlimited Max Loss: Rs. 3000	Selling pressure to continue.
SATYAM CA 440 (11)	Buy At 10-8	Hedging Positions
Derivative- Option (Strategy)
…… CA …… (39)	Buy At 30-33	49	58	15 10	Max Profits: Rs. Unlimited Max Loss: Rs. 7500	Long positions seen in stock.
…….. PA………. (28)	Buy At 25-30	Hedging Positions

Yesterday’s (Date 2^nd March 2007) Performance in Online Calls:

SCRIPT	RECOM PRICE	PROFIT/ LOSS (Rs.)	LOT SIZE	NET PROFIT/ LOSS
JETAIR (F/C)	588	10	400	4000
IDBI (F/C)	82.50	1.50	2400	3600
STERLITE (C/F)	470	10	875	8750
RENUKA (C/F)	323	13	500	6500
SOBHA (F/C)	765	14	350	4900
CAIRN (F/C)	120	05	1250	6250
IFCI (F/C)	30.30	0.30	7875	2362

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