Daily News Letter 3rd May 2007---Gain from us...... Visit: http://stock.ibnservice.com/

~~OM~~

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

Daily News Letter—Dated 3^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: 4087.90 (4.40) Resis – 4115, 4230, 4265, 4300, 4340 Supports –4040, 4000, 3950, 3910

SENSEX: Last Close: 13872.37 (36.21) Resis – 14000, 14500, 14650, 14800 Supports –13750, 13600, 13400, 13300

Mkt will trade with bullish sentiment & Nifty will strong only above 4140. We are bullish in IT sectors in coming days. Today Telecom & Cement stocks can show some strength with Mkt mood.

Sensex Range for This Week 13300-14100 above which it will touch 14500 Bel Tgt 12700; Support at 13700 closing.

BTST in Last Trade (Cash /Fut.): HPCL (Buy 272, SL 269, Tgt 277+); ESCORTS (Buy 132.50 SL 129.9 Tgt 135+).

Hot in Street Today: IFCI, Sterlite, Century, SBI, J&K Bank, Polaris, Infosys, Wipro, HLL, Orchid etc.

Board Meetings Today: Century, Colgate, GTL, IFCI, Orchid, Sterlite, HDFC, Eicher, Sonata, DCB etc.

IPO Diary: Mic Electronics Ltd. (App Dt. 30Apr - 08May) (Price Band: Rs. 129-150) Our View: Avoid

SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL	STRATEGY
Hot Today
TCS (1265)	Buy At 1250-1265	1277	1289	1235	Ready for a leap, Good for day-trader to earn.
TTML (29)	Must Buy C/F 28.3-29	29.5	29.9	Bel 27.5	Breakout has been given for ultimate Tgt 32.
Derivative- Future (Strategy for today)
BATA (164.35)	Buy At 162-164	165.5	167	159.7 --	Max Profits: Rs. 6000+ Max Loss: Rs. 2500	Short cov seen in the stock.
---	----	---
IFCI (45.05)	Must Grab At Open	46	46.5++	43 ---	Max Profits: Unlimited Max Loss: Rs. 3500	Star performer of the street.
IFCI PA 40 (1.10)	Buy At 0.6-0.5	Hedging Positions
Derivative- Option (Strategy)
GUJAMB CA 120 (4.30)	Buy At 3-3.5	5	6.5+	2 --	Max Profits: 5000+ Max Loss: Rs. 2000	Expect some upside today.
GUJAMB PA 115 (3.15)	Buy With CA	Hedging Positions

Yesterdays (30^thApril 2007) Performance in Online Calls: Total Profit/Loss: Rs. 82897.50 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.

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Hot stocks in this month (May 2007)
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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/