Daily News Letter 22nd May 2007---Gain from us...... Visit: http://stock.ibnservice.com/

~~OM~~

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

Daily News Letter—Dated 22^nd May 2007

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

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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: 4260.90 (46.40) Resistance – 4285, 4300, 4330, 4360 Supports – 4230, 4175, 4140, 4110, 4065

SENSEX: Last Close: 14418.60 (115.19) Resistance – 14500, 14600, 14700 Supports – 14300, 14150, 14000, 13900

Now caution & hurdle lies at 4300 levels of Nifty. We advice to book atleast 75% of your profits & stay in cash for opportunity to buy again. Today- Steel, Pharma, Telecom & Banking are hot.

Sensex Range for This Week 13750-14700 above which it will touch 15000 Bel Tgt 13300; Resistance at 14500 closing.

BTST in Last Trade (Cash /Fut.): Jindal Steel (Buy 3174, SL 3140, Tgt 3230); IVRCL (Buy 330, SL 325, Tgt 337).

Hot in Street: Amtek Auto, BOI, Sail, Sterlite, AIA Engg, Essar Oil, IOB, Alh Bank, Corp Bank, Kesoram.

Board Meetings: BOI, NDTV, Bharat Forge, Gibriel India, Alembic Ltd, TCI Ind, Punjab Tractors etc.

IPO Diary: Time Technoplast Ltd. (App. Date: 18-23 May), (Price Band: 290-315) Our View: Subscribe.

SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL	COMMENTS
Hot Today
COLGATE (381)	Grab C/F 377-380	385	388+	Bel 374	Very good short covering will be seen & up side
TRIVENI (56)	Must Buy C/F 55-56	57	58	Bel 54	Huge blast will be seen for rocket like move.
Derivative- Future (Strategy for today)
REL CAP (965.35)	Buy At Dips 950-957	978	985	Bel 940 --	Max Profits: Rs. 10000+ Max Loss: Rs. 3000	Heading 4 1000 mark soon.
RELCAP PA 940 (21.8)	Buy at 15-18	Hedging Positions
PANTALOON (465.35)	Must Buy At 455-460	471	475	Bel 448 ----	Max Profits: Unlimited Max Loss: Rs. 3500	Some good move expected.
------- (----)	---	---
Derivative- Option (Strategy)
....... CA ..(1.8)	Must Buy At 1-1.3	2.5	3++	0 0	Max Profits: Unlimited Max Loss: Rs. 10000	Buy n Hold for 1 week 4 gains.
........PA ... (1.25)	Must Sell At 1.5-2	0.5—0

Yesterdays (21^st May 2007) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 75950.00 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.

Daily Perf Report (Last Trade): http://nse-bse.blogspot.com/

Weekly Perf Report (14-18 May): http://nse-bse.blogspot.com/2007/05/weekly-performance-report-online-calls_18.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/