Daily News Letter Dated 3rd April 2007--Given to paid members before mkt hrs...JOIN US NOW
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India Stock (A Unit of
Daily News Letter—Dated 3rd 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: 3633.60 (187.95) Resis – 3700, 3750, 3800, 3840, 3910 Supports – 3600, 3550, 3510, 3440
SENSEX: Last Close: 12455.37 (616.73) Resis – 12670, 12750, 13000, 13150 Supports – 12400, 12250, 12100, 12000
Last stop for bulls is at 3500; below this we can see 3250 levels too. Remain mostly in cash until clear trend is seen. Nifty resistance is at 3750 for recovery or bounce back. Sell High & Buy Low.
Sensex Range for This Week 12500-13300 above which it will touch 13500 Bel Tgt 12100; Support is 12700 closing.
BTST in Last Trade (Cash /Fut.): Hindalco (Buy 127.5, SL 126, Tgt 130+), Ktk Bank (Sell 166.5, SL 168.8, Tgt 163.5).
IPO DIARY: Ammana Bio Ltd. (App. date: 28 Mar-05 Apr); Price Band: 12-14; Our View: Apply at lower
SCRIPTS (CMP) | TRADING LEVEL | TGT 1 | TGT 2 | SL | STRATEGY | |
Hot Today | ||||||
COLGATE (332) | Buy At Dip 332-327 | 335 | 339 | 324 | Buy C/F at dip for sudden up move today | |
GAIL (265) | Buy At 263-265 | 270 | 272.5 | 259.5 | Very good move in weak Mkt, Trade in C/F. | |
Derivative- Future (Strategy) | ||||||
IFCI - (30.95) | Must Sell At 31.5-32 | 30.50 | 30.10 | Abv 32.5 -- | Max Profits: Rs. Unlimited Max Loss: Rs. 3000 | Unwinding of long pos seen. |
IFCI CA 32.50 (00.00) | Buy With Future | Hedging Positions | ||||
BAJAJHIND - (197.80) | Buy At Dips 195-196 | 200 | 202 | 190 --- | Max Profits: Rs. Unlimited Max Loss: Rs. 3500 | Very strong in weak mkt. |
BAJAJHND PA190 (9.9) | Buy At 7-9 | Hedging Positions | ||||
Derivative- Option (Strategy) | ||||||
BHARTI PA 700 (20.00) | Buy At 14-18 | 28 | 34 | 10 -- | Max Profits: Unlimited Max Loss: Rs. 5500 | Buy n hold for 3-4 days. |
BHARTI CA 740 (24.00) | Buy With PA 15-20 | Hedging Positions |
Yesterday’s (02nd April 2007) Performance in Online Calls: Total Profit/Loss: Rs. 7362.5/= 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.) |
SEA GOA - SELL | 1690 | 1683 | 7 | 150 | 1050 |
JSW STEEL - SELL | 483 | 475 | 8 | 550 | 4400 |
PRAJ IND - SELL | 369 | 354 | 15 | 1100 | 16500 |
RPL | 71 | 72.25 | 1.25 | 3350 | 4187.5 |
DR REDDY | 715 | 705 | -10 | 400 | |
MARUTI | 775 | 764 | -11 | 400 | -4400 |
ORCHID (ALERT) | 260 | 265 | 5 | 1050 | 5250 |
NIFTY | 3660 | 3620 | -40 | 50 | -2000 |
BTST- CENTURY | 545 | 555 | 10 | 425 | 4250 |
BTST- BEL | 1510 | 1445 | -65 | 275 | -17875 |
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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
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