Weekly News Letter—Dated 16th – 21st April 2007... Check performance below. Visit: http://stock.ibnservice.com/

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

Weekly News Letter—Dated 16^th – 21^st April 2007

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Advice: Book profits in weekly at gain of 4-10% in stock (Cash/Fut.) & don’t take risk with your money.

NIFTY: Weekly Close: 3917.35 (165.35) Resis – 3950, 4000, 4050, 4080 Supports – 3840, 3800, 3750, 3700, 3650

SENSEX: Weekly Close: 13384.08 (528.00) Resis – 13550, 13700, 13870, 14000 Supports – 13170, 13000, 12800, 12600

Mkt will show strength as IT stocks can show much more upside. Nifty can show recovery up to 4000-4050 levels. Pls keep booking your profits on time and stay light with selective stocks only.

Sensex Range for This Week 12700-13700 above which it will touch 14000 Bel Tgt 12300; Mkt is at its resistance.

TRADER’S PICK THIS WEEK: L&T (C/F), TECHMAH(C/F), IDBI (C/F), TCS (C/F), HIND LEVER (C/F), NAGCONS (C/F),

LAST WEEK PROFITS WOCKH 0%; APOLLOTYRE 0%; JSW Rs - 11000, ICICI Rs 17500 Visit: http://nse-bse.blogspot.com

IPO DIARY: Fortis Healthcare Ltd. (App. date: 16 - 20 Apr); Price Band: 92-110; Our View: Apply.

Bhagwati Banquets (App. date: 18 - 25 Apr); Price Band: 36-40; Our View: Apply at lower band.

Hilton Metal (App. date: 18 - 24 Apr); Price Band: 70-00; Our View: Apply for Mid-term gains.

SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL	STRATEGY
Hot for this week
ASHOK LEY (37.70)	Buy C/F At 37-37.5	39	39.70	36.5	Oversold counter can show a sharp bounce back.
POLARIS (179)	Grab C/F At 185-190	198	200+	180	Buy at every decline for huge gains this week in C/F
Derivative- Future/ Options (Strategy)
PARSVNATH (292)	Must BuyAt 285-290	300	307++	280 ------	Max Profits: Rs. Unlimited Max Loss: Rs. 5000	Good recovery expected this week.
PARSVNTH PA 280 (8.0)	Buy With Future	Hedging Position
NIFTY FUT (3896.90)	Grab At 3860-3885	3940	3975+	3820 ---	Max Profits: Rs. 5000+ Max Loss: Rs. 1500	Resistance & channel broken.
NIFTY PE 3800 (38.30)	Buy With Fut. At 30	Hedging Position
Derivative- Options (Strategy)
RCOM CA 420 (13.80)	Buy At 10-13	20	29+	5 --	Max Profits: Rs. 14000+ Max Loss: Rs. 3500	Movt will be seen with the Mkt.
RCOM PA 410 (7.45)	Buy At 5-7	Hedging Position

Weekly News Letter (Dated 16^th Apr – 21^st Apr 2007) Performance Report: Approx Profit: Rs. 52150+

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
ASHOK LEY	Buy At 37	37.5	--	---	Profit Rs. 0
POLARIS (C/Fut.)	Buy At 185	200	15	1400	Profit Rs. 21000
PARSVNATH (Fut.)	Buy At 285	307	22	700	Profit Rs. 15400
NIFTY (Fut.)	Buy At 3920	4075	155	50	Profit Rs. 5250
RCOM (Options)	Buy at 15&5	35 & .5	15	700	Profit Rs. 10500

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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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