Daily News Letter Dated 9th Mar 2007--Given to paid members before mkt hrs...

~~OM~~

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

Daily News Letter—Dated 9^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: 3761.65 (134.80) Resis – 3800, 3830, 3910, 4000 Supports – 3700, 3650, 3580, 3540, 3500

SENSEX: Last Close: 13049.35 (469.60) Resis – 13150, 13300, 13700 Supports – 12750, 12570, 12300, 12150, 12000

Y’day pull back rally may continue up to 13300 marks, Abv which we can see short covering. Mkt may surprise again by touching 14000 marks by month end. Now support lies at 12500 for bears.

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.): HINDALCO-CASH (Buy 130.50, SL 129, Tgt 134-135) Buy Fut. accordingly.

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
ESCORTS (114.8)	Buy C/ Fut. 112-114	116	118	110	Some good move expected tday, Trade with SL.
JSWSTEEL (443)	Buy C/ Fut. Abv 440	449	453	435	Metals getting stronger, it will show shorts cov.
ZEE TELE (226)	Grab C/ Fut. At Decl	230	233	217	We are bullish for last 3 days in weak Mkt too.
Derivative- Future (Strategy)
KOTAKBANK- (450)	Buy At 445-450	458	463	440	Max Profits: Rs. Unlimited Max Loss: Rs. 3000	Ready for quick jump today.
---- PA ----- (----)	-----	------
IVRCL- (276)	Buy Abv 273	280	283	270 --	Max Profits: Rs. Unlimited Max Loss: Rs. 5000	Short covering seen now.
IVRCL PA 260 (13.95)	Buy at Decl to 10-13	Hedging Positions
Derivative- Option (Strategy)
SBI CA 1000 (36.85)	Buy At Any Dips	49	60++	2.5 --	Max Profits: Unlimited Max Loss: Rs. 3200	Huge volumes seen in trade.
SBI PA 960 (20.15)	Buy At 15	Hedging Positions

Yesterday’s (8^th March 2007) Perf. in Online Calls: Other Stocks: Guj Amb, IDBI, TTML, BOI, ESCORTS

SCRIPT	RECOM PRICE	PROFIT/ LOSS (Rs.)	LOT SIZE	NET PROFIT/ LOSS (In Rs.)
ONGC (F/C)	770	20	225	4500
NDTV (F/C)	280	14	1100	15400
TISCO (C/F)	403	20	675	13500
NIFTY (FUT)	3655/ 3640/ 3720	35+60-15	50	4000
HCC (F/C)	96	7	1400	9800
TITAN (F/C)	810	14	411	5750
MTNL (F/C)	146	-2	1600	-3200
BTST- M&M	745	20	625	12500

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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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