Daily News Letter 17th May 2007---Gain from us...... Visit: http://stock.ibnservice.com/

~~OM~~

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

Daily News Letter—Dated 17^th May 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: 4170.95 (50.65) Resist – 4180, 4200, 4240, 4265 Supports – 4100, 4075, 4040, 4000, 3950, 3910

SENSEX: Last Close: 14127.31 (197.98) Resist – 14165, 14250, 14400, 14500 Supports – 13850, 13750, 13600, 13450

We have been on bulls’ side for new high now everyone in street has accepted. Banking & Metal remains our favorite. A big day for Bajaj Auto & Tisco watch for sharp swings today in the stock.

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.): JSW Steel (Buy 614, SL 603, Tgt 623); Corp Bank (Buy 321, SL 316, Tgt 326+); Punj ( Buy 184, SL 180, Tgt 190).

Hot in Street: BOI, Syndicate Bank, UTIBank, Wipro, Sobha, Tisco, HLL, Bombay Dye, Mphasis, Petronet.

Board Meetings: Tisco, Bajaj Auto, Usha Martin, Lumax Auto, Unichem, Redington, Twilight Litaka etc.

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
MTNL (155)	Grab C/F At 153-155	158	159.7	Bel 150	Good short covering will be seen in the stock.
NAG CONS (175)	Buy C/F 175-173	179	181++	Bel 170	The stock is ready for blast with Mkt in C/F.
Derivative- Future (Strategy for today)
HDFC BANK (1034)	Must Buy At CMP	1049	1058	1020 --	Max Profits: Rs. 8000+ Max Loss: Rs. 2500	Very hot in street 4 up side.
---- (---)	-----	Hedging Positions
POLARIS (170)	Buy bulk At 167-170	173	175++	165 --	Max Profits: 10000+ Max Loss: Rs. 2800	Oversold counter, T 180+.
------(-----)	----	Hedging Positions
Derivative- Option (Strategy)
BOI CA 210 (5.8)	Must Buy At 4—5.5	8.5	10	2.5 ---	Max Profits: Unlimited Max Loss: Rs. 4000	Buy n hold till next wk 4 gain.
BOI PA 200 (3.3)	Buy With CA At 2.5-3	Hedging Positions

Yesterdays (16^th May 2007) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 61309.00 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.
.............(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	TGT1 Ached in 13 Days, Gain of 20 % in Stock.

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/