Daily News Letter 23rd May 2007---Gain from us...... Visit: http://stock.ibnservice.com/

~~OM~~

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

Daily News Letter—Dated 23^rd 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: 4278.10 (17.20) Resistance – 4285, 4300, 4330, 4360 Supports – 4230, 4175, 4140, 4110, 4065

SENSEX: Last Close: 14453.72 (35.12) Resistance – 14500, 14600, 14700 Supports – 14300, 14150, 14000, 13900

We can see 4300 level today, but high volatility will be seen. Pls book profits at higher levels. Today move can be seen in Fertilizer, Banking, Pharma, IT & Metal stocks. Remain in cash mostly now.

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.): RNRL (Buy 33.20, SL 32.70, Tgt 34).

Hot in Street: Bata, Inox, Financial Tech, Sail, Divi’s Lab, Matrix, Jindal Steel, PNB, VSNL, HLL, Polaris.

Board Meetings: PNB, Divi’s Lab, Matrix Lab, NIIT Tech, Birla Ericsson, KS Oils, ICRA Ltd 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
GNFC (107.55)	Grab C/F 105-107	109	110++	Bel 103.5	Very good accumulation taking place for rise.
SRF (169.65)	Must Buy C/F 167-170	173	174.7++	Bel 165	The stock is on up trend can show 180+ level .
Derivative- Future (Strategy for today)
SUZLON (1151.85)	Buy At 1135-1150	1163	1175	Bel 1130 --	Max Profits: Rs. 7000+ Max Loss: Rs. 2000	Very low risk & high gain stock.
SUZLON …. (….)	Buy at …..	Hedging Positions
CENTURY (650.20)	Must Buy At 640-650	659	666	Bel 635 30	Max Profits: Unlimited Max Loss: Rs. 3500	Given a brkout for Tgt 675 soon
CENTURY PA 640 (20)	Sell At 20-25	13-10
Derivative- Option (Strategy)
I.... CA.....(3.4)	Must Buy At 2.5—3	4.8	6.5	1.5 7	Max Profits: Unlimited Max Loss: Rs. 3500	Good stock to touch 150++.
...... PA...(5.4)	Must Sell At 5-6	2-1

Yesterdays (22 nd May 2007) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 27620.00 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/