Daily News Letter 24th May 2007---Gain from us...... Visit: http://stock.ibnservice.com/

~~OM~~

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

Daily News Letter—Dated 24^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: 4246.20 (31.90) Resistance – 4285, 4300, 4330, 4360 Supports – 4230, 4175, 4140, 4110, 4065

SENSEX: Last Close: 14363.26 (90.46) Resistance – 14500, 14600, 14700 Supports – 14300, 14150, 14000, 13900

Mkt might take a support around 4200 giving a chance to buy. Don’t forget F&O expiry next week, so high volatility expected. Sell at Rise - Buy at Lows for gains. Metal, FMCG & Construction r hot.

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

BTST/ STBT in Last Trade (Cash /Fut.): Bombay Dye (Buy 580 SL 5742 Tgt 590); UTI Bank (Sell 582, SL 587, Tgt 575).

Hot in Street: REL, Ivrcl, Indus Bank, Bhel, Triveni, ITC, Bajaj Auto, India Hotel, Banking stocks (Sell).

Board Meetings: Bombay Dye, BPCL, Gokaldas Exp, TV Today, Opto Circuits, Bharat Seats etc.

IPO Diary: Decolight Ceramics Ltd. (App. Date: 24-29 May), (Price Band: 45-54) Our View: Subscribe.

SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL	COMMENTS
Hot Today
NTPC (155.65)	Buy C/F At 154-155	157.5	159	Bel 152.5	Some positive move expected for rise up to 160.
BILT (117.35)	Grab C/F At 115-117	119.5	121	Bel 113.5	The stock looks very good on charts, Go long .
Derivative- Future (Strategy for today)
M&M (736.60)	Buy At 732-725	744	750	Bel 720 --	Max Profits: Rs. 7000+ Max Loss: Rs. 2000	Stock can rise with the Mkt.
M&M PA 700 (----)	Buy at 8-10	Hedging Positions
IDEA (119.35)	Must Buy At Any Dip	122	124+	Bel 115 --	Max Profits: 13500++ Max Loss: Rs. 3000	Looking very strong for gains.
IDEA PA 115 (1.45)	Buy With Future	Hedging Positions
Derivative- Option (Strategy)
TISCO PA 660 (17.2)	Buy At 14-16	23	27++	9 0	Max Profits: Unlimited Max Loss: Rs. 2500	Profit booking expected now.
TISCO CA 680 (6.3)	Buy With PA	Hedging Positions

Yesterdays (23^rd May 2007) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 16703.00 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.

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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). Write to: info@ibnservice.com Visit: http://nse-bse.blogspot.com/ OR http://stock.ibnservice.com/ http://finance.groups.yahoo.com/group/ibnservices/