Daily News Letter 24rd April 2007---Gain from us...... Visit: http://stock.ibnservice.com/
India Stock (A Unit of IBN Services, New Delhi)
Daily News Letter—Dated 24th 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: 4085.10(1.55) Resis – 4115, 4140, 4175, 4230 Supports – 4040, 4000, 3950, 3910, 3860, 3800
SENSEX: Last Close: 13928.33(30.92) Resis – 14000, 14100, 14200, 14400 Supports – 13750, 13600, 13430, 13300
CRR meeting will guide the Mkt today. Expect weak opening with weak banking stocks & recovery at later half of the Mkt. Book your short position at declines today as Mkt will recover later on.
Sensex Range for This Week 13300-14100 above which it will touch 14500 Bel Tgt 12700; Resistance at 14000 closing.
BTST in Last Trade (Cash /Fut.): NIFTY (Buy 4085, SL 4120, Tgt 4050); RELCAP (Buy 720, SL 713 Triggred);
Hot Picks for Day: Banking & Cements turned weak; Sugar may bounce back; Voltas, Century, VSNL, IVRCL, L&T, Zee Tv etc.
Board Meetings Today: Patni, Essar Oil, HDFC Bank, MTNL, Maruti, SUN TV, Hexaware, Yes Bank 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 | ||||||
MAH SEAM (558) | Grab C/F Abv 550 | 565 | 570 | Bel 540 | Bullish Brkout seen in charts for further gains. | |
JP HYDRO (33.05) | Must Buy At 32-32.5 | 33.3 | 33.8 | 31.9 | Very good on charts for further short covering . | |
Derivative- Future (Strategy) | ||||||
ULTRATECH (815) | Must Sell At 815-820 | 802 | 795 | Abv 830 -- | Max Profits: Rs. 10000+ Max Loss: Rs. 2000 | Weak on charts for free fall. |
ULTRA CA 820 (9.60) | Buy With Future | Hedging Positions | ||||
BOB (225.50) | Sell At 225-228 | 220 | 218 | Abv 232 --- | Max Profits: Rs. Unlimited Max Loss: Rs. 2500 | Exp to move with CRR meet. |
BOB CA 230 (2.95) | Buy At 2-2.5 | Hedging Positions | ||||
Derivative- Option (Strategy) | ||||||
VSNL CA 440 (14.00) | Buy At 10-12 | 17 | 20+ | 7 -- | Max Profits: Unlimited Max Loss: Rs. 1500 | Very good in weak Mkt. |
VSNL PA 440 (---) | Buy With CA | Hedging Positions |
Yesterday’s (23rd April 2007) Performance in Online Calls: Total Profit/Loss: Rs. 10226.00 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.) |
GUJ AMBUJA | 116 | 114 | 2 | 2062 | 4124 |
DABUR | 158 | 160 | 2 | 2700 | 5400 |
ESCORTS | 130 | 128 | 2 | 2400 | 4800 |
REL CAP | 710 | 730 | 20 | 550 | 11000 (Given on 20th) |
M&M | 750 | 740 | 10 | 625 | 6250 |
PUNJLLYOD (Alert) | 186 | 190 | 4 | 1500 | 6000 |
NEYVELI (HOLD) | 57 | -- | - | -- | HOLDING |
BTST SIEMENS | 1070 | Holding | 9 | 375 | 3375 |
BTST CENTURY | 570 | 585 | 15 | 425 | 6375 |
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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/
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