Tuesday, April 24, 2007

Daily News Letter 24rd April 2007---Gain from us...... Visit: http://stock.ibnservice.com/

~~OM~~

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

Daily News Letter—Dated 24th Apr 2007

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

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

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

Phone: (91) 9899-90-9899; 92123-76999 (Call between 9:00AM -- 5:00PM)

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

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/

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