Last week:::::::: Weekly News Letter—Dated 30th April – 05th May 2007

~~OM~~

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

Weekly News Letter—Dated 30^th April – 05^th May 2007

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Advice: Book profits in weekly at gain of 4-10% in stock (Cash/Fut.) & don’t take risk with your money.

NIFTY: Weekly Close: 4083.50 (0.05) Resis – 4115, 4140, 4175, 4230 Supports – 4040, 4000, 3950, 3910, 3860, 3800

SENSEX: Weekly Close: 13908.58 (11.17) Resis – 14000, 14100, 14200, 14400 Supports – 13750, 13600, 13430, 13300

Some profit booking will be see with Nifty supports at 4040 then 3910. Mkt trend remain up. Buy at every decline for gains in coming days. Stock specific movement will be seen sply Mid-Cap stocks.

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

TRADER’S PICK THIS WEEK: NDTV-Sell (C/F), ESCORTS(C/F), VOLTAS (C/F), RCOM-Sell (C/F), AMTEKAUTO (C/F)

LAST WEEK PROFITS IDBI 7%; ESCORTS 6.5%; MPHASIS Rs 4000, RCOM Rs 16100, OPTIONS Rs 10125

IPO DIARY: No IPO at present.

SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL	STRATEGY
Hot for this week
SIEMENS (1170)	Buy C/F 1140-1155	1195	1210	1110	Good news exptected this week from the stock.
KOTAKBANK (521)	Grab C/FAt 505-515	537	545	495	Breakout in daily charts for upside, Trade in C/F.
Derivative- Future/ Options (Strategy)
REL (512)	MustSellAt 510-510	493	485	525 ------	Max Profits: Unlimited Max Loss: Rs. 3000	Some profit booking will be seen in C/F.
REL CA 540 (10.5)	Buy At 8-10	Hedging Position
CROMPTON (218.55)	Grab At 210-215	224	227+	207 ---	Max Profits: Rs. 15000+ Max Loss: Rs. 4000	Best stock for traders this week
CROMP PA 200 (18.45)	Buy With Fut. 12-15	Hedging Position
Derivative- Options (Strategy)
IFCI CA 40 (3.30)	Must Buy At 2.5-2.7	4.5	5.5+	2 0	Max Profits: Rs. Unlimited Max Loss: Rs. 4000	Buy n Gain, something cooking.
IFCI PA 37.5 (--)	Buy With CA	Hedging Position

Weekly News Letter (Dated 30^th Apr – 5^th May 2007) Performance Report: Approx Profit: Rs. 73550+

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
SIEMENS	Buy At 1160	1210	50	188	Profit Rs. 9400
KOTAK BANK	Buy At 520	538	18	550	Profit Rs. 9900
REL (Fut.)	Sell At 514	514	0	550	Rs. 00
CROMPTON (Fut.)	Buy At 220	227	7	1000	Profit Rs. 7000
IFCI (Options)	Buy At 4	10	6	7875	Profit Rs. 47250

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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).

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