Daily News Letter Dated 6th Mar 2007--Given to paid members before mkt hrs...

~~OM~~

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

Daily News Letter—Dated 06^th Mar 2007

Visit: http://stock.ibnservice.com/ or http://nse-bse.blogspot.com/

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

E-Mail: info@ibnservice.com ; stock@ibnservice.com

Phone: 9899-90-9899 (Call between 9:00AM -- 5:00PM only)

Advice: Book profits in Intra-day at gain of 2-3% in stock (Cash/Fut) & don’t be greedy for money.

NIFTY: Last Close: 3576.50 (150.25) Resis – 3650, 3700, 3800, 3850 Supports – 3540, 3500, 3450, 3400

SENSEX: Last Close: 12415.04 (471.09) Resis –12670, 12850, 13150 Supports – 12300, 12150, 12000, 11850

Today Mkt will recover up to 12700, fear grips until close above 13100 for 2 consecutive days. Sell at high & buy at low for intra-day gains. Sea-Saw movement will be seen. Support at 12100.

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

STBT in Last Trade (Cash /Fut.): STERLITE-CASH (Buy 460, SL 465, Tgt 452 almost achieved)

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
GMR INFRA (340)	Sell C/ Fut. At Rise	335	332	350	Sell on rise, the stock will decline in panic.
CENTURY (463)	Buy C/ Fut. At Open	473	479	455	Short covering will be seen today with mkt.
Derivative- Future (Strategy)
AURO PHARMA (647)	Must Buy Abv 640	655	663	635 10	Max Profits: Rs. 7500+ Max Loss: Rs. 2500	Ready for bounce back.
AURO PA 640 (23)	Buy At 15-18	Hedging Positions
ZEE TEL (218)	Buy At 215-218	223	225	212	Max Profits: Rs. Unlimited Max Loss: Rs. 3000	Looking good in weak mkt.
ZEE TEL PA 210 (6.4)	Buy At 4-5	Hedging Positions
Derivative- Option (Strategy)
IDBI CA 75 (3.75)	Buy At 3.5-4	5	6	2.8	Max Profits: Rs. Unlimited Max Loss: Rs. 2400	Trade today n gain.
IDBI PA 65 (3.00)	Buy At 2---2.5	Hedging Positions

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

SCRIPT	RECOM PRICE	PROFIT/ LOSS (Rs.)	LOT SIZE	NET PROFIT/ LOSS (In Rs.)
ABB (C/F)	3520	80	100	8000
SESAGOA (F/C)	1630	70	150	10500
STERLITE (C/F)	459	7	875	6150
NIFTY (FUT)	3550	30*2=60	50*2	6000
MPHASIS (F/C)	245	7.50	800	6000
RANBAXY (C/F)	339	1	800	800

For Online Calls join me in Yahoo/ Gmail/ MSN Messenger: ibnservices

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/