Daily News Letter 20th April 2007---Gain from us...... Visit: http://stock.ibnservice.com/
~~OM~~
India Stock (A Unit of IBN Services, New Delhi)
Daily News Letter—Dated 20th Apr 2007
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Advice: Book profits in Intra-day at gain of 2-3% in stock (Cash/Fut.) & don’t take risk with your money.
NIFTY: Last Close: 3997.65 (13.95) Resis – 4050, 4080, 4100, 4140 Supports –3950, 3910, 3840, 3800, 3750
SENSEX: Last Close: 13619.70 (52.49) Resis – 13850, 13950, 14000 Supports – 13550, 13400, 13170, 13000
Mkt will recover with Nifty Tgt up to 4040-4050 & then expect some volatility. Focus of the day will be on IT & Cements due to results. Banking stocks are good for gains today. Sell high & Buy low.
Sensex Range for This Week 12700-13700 above which it will touch 14000 Bel Tgt 12300; Mkt is at its resistance.
BTST in Last Trade (Cash /Fut.): RCOM (Buy 432, SL 424, Tgt 439 Achieved).
Hot Picks for Day: WIPRO, PARSVNATH, SAIL, POLARIS, IDBI, BOI, UTI BANK, ITC, CENTURY, JSTAINLESS, GNFC etc.
Board Meetings Today: India Cement, Guj Ambuja, Wipro, Renuka Sugar, Satyam Comp, IDBI etc.
IPO DIARY: Bhagwati Banquets. (App. date: 18 - 25 Apr); Price Band: 36-40; Our View: Apply at lower.
| SCRIPTS (CMP) | TRADING LEVEL | TGT 1 | TGT 2 | SL | STRATEGY | |
| Hot Today | ||||||
| JSW STEEL (590) | Grab C/F At590-584 | 598 | 604 | Bel 577 | Breakout seen in charts for further gains . | |
| IVRCL (285) | Must Buy C/F 282-285 | 290 | 293+ | 279 | Consolidation seen, Ready to explode today. | |
| Derivative- Future (Strategy) | ||||||
| MPHASIS - (305.85) | Buy At 298-303 | 307 | 310++ | Bel 295 -- | Max Profits: Rs. 10000+ Max Loss: Rs. 2400 | Very stable & hot in the street. |
| ----------- | ---- | ---- | ||||
| BANKNIFTY - (5527.4) | MustBuyAt 5480-5530 | 5595 | 5640+ | Bel 5400 --- | Max Profits: Rs. Unlimited Max Loss: Rs. 4000 | Very good move will be seen. |
| ----- | ---- | ---- | ||||
| Derivative- Option (Strategy) | ||||||
| SBI CA 1050 (28.05) | Buy At 20-27 | 35 | 39 | 10 -- | Max Profits: Unlimited Max Loss: Rs. 2500 | Buy n Hold till exp 4 gains. |
| SBI PA 1040 (21.70) | Buy With CA | Hedging Positions | ||||
Yesterday’s (19th April 2007) Performance in Online Calls: Total Profit/Loss: Rs. 64050.00 Approx.
The result (profit/ loss) may vary from person to person, due to one’s trading habit. The price calculated on intra-day target achieved.
| SCRIPT | BUY PRICE | TGT PRICE | PROFIT/ LOSS (Rs.) | LOT SIZE | NET PROFIT/ LOSS (In Rs.) |
| ACC | 803 | 815 | 12 | 375 | 4500 |
| IVRCL | 280 | 286 | 6 | 500 | 3000 |
| ABAN | 2285 | 2320 | 35 | 200 | 7000 |
| PUNJ | 182 | 187 | 5 | 1500 | 7500 |
| MPHASIS (HOLD) | 299 | 308 | 9 | 800 | 7200 |
| NIFTY-SELL | 3975 | 3940 | 35 | 50 | 1750 |
| STERLITE – SELL | 518 | 510 | 8 | 875 | 7000 |
| PRAJ IND (ALERT) | 450 | 465 | 15 | 1100 | 16500 |
| BTST- CORP BANK | 310/ 302 | 314 | 8 | 1200 | 9600 (Avgd at open & Booked) |
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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). Write to: info@ibnservice.com Visit: http://nse-bse.blogspot.com/ OR http://stock.ibnservice.com/ http://finance.groups.yahoo.com/group/ibnservices/
posted by NSE_BSE at Friday, April 20, 2007
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