Daily News Letter 16th May 2007---Gain from us...... Visit: http://stock.ibnservice.com/

~~OM~~

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

Daily News Letter—Dated 16^th May 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: 4120.30 (14.00) Resist – 4150, 4180, 4200, 4265 Supports – 4075, 4040, 4000, 3950, 3910, 3875

SENSEX: Last Close: 13929.33 (36.53) Resist – 14000, 14100, 14200 Supports – 13750, 13700, 13530, 13300, 13150

Mkt will show sea-saw movement. Sell Higher & Buy lower for gains today. Nifty resistance lies at 4150 for fresh up move. Banking with Metal remains hot whereas sugar can show profit booking.

Sensex Range for This Week 13500-14300 above which it will touch 14700 Bel Tgt 13100; Support at 13700 closing.

BTST in Last Trade (Cash /Fut.): India Hotel (Buy 146, SL 144.50, Tgt 149); Sterlite (Buy 576, SL 569, Tgt 587).

Hot in Street: Cummins, Patni, UTIBank, Petronet, Adlabs, Vijaya Bank, Colgate, Suzlon, Wipro, Hindalco

IPO Diary: Nitin Fire Protection (App. Date: 15-18 May), (Price Band: 171-190) Our View: No Views

SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL	COMMENTS
Hot Today
TATA TEA (823)	Buy C/F At 815-823	831	838	805	Breakout given on charts for more gains now.
RNRL (31.45)	Must Buy C/F 31.4-31	32	32.4+	Bel 30.5	Buy bulk in C/F, We hv given to buy at 30 T 32.
Derivative- Future (Strategy for today)
REL CAP (827.25)	Grab At 820-827	839	846+	810 --	Max Profits: Rs. 8000+ Max Loss: Rs. 3000	Sudden Move can b seen tday.
REL CAP PA 800 (16.5)	Buy At With Future	Hedging Positions
BAJAJHIND (168.55)	Must Sell At 168-170	165	163	51 --	Max Profits: 10000+ Max Loss: Rs. 3500	Some profit booking expctd.
BAJAJHINDCA175(4.7)	Buy With Future	Hedging Positions
Derivative- Option (Strategy)
INDHOTEL CA150(3.5)	Buy At 3	4.5	5.5	2 10	Max Profits: Unlimited Max Loss: Rs. 3500	Trade today for quick gains.
INDHOTEL PA145(7.3)	Must Sell At 7-9	5-4

Yesterdays (15^th May 2007) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 34500.00 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.

Click Here: http://nse-bse.blogspot.com/ to see the scrip-wise profits for last trade.

Weekly Perf Report (1-11May): http://nse-bse.blogspot.com/2007/05/weekly-performance-report-online-calls_11.html

Monthly Perf Report (April): http://nse-bse.blogspot.com/2007/04/monthly-performance-report-online-calls.html

Hot stocks in this month (May 2007)—Given on 3rd May 2007
BATA (164)	Buy At 157-164	180	185	150	TGT1 Ached in 48 Hrs of Recommendation.
E.......... (131)	Buy C/F At 125-130	140	145	122	We are bullish from 122 levels & holding in C/F
IDBI (84.5)	Buy C/F At 80-83	90	93	77	TGT2 Ached in 24 Hrs of Recommendation.
PETRONET (45)	Buy At 40-45	53	55	41.5	Catch the stock for gains this month, buy bulk.

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/