Daily News Letter 7th June 2007---Gain from us...... Visit: http://stock.ibnservice.com/

~~OM~~

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

Daily News Letter—Dated 7^th June 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: 4198.25 (86.4) Resistance – 4240, 4330, 4360, 4400Supports –4175, 4140, 4110, 4065, 4040

SENSEX: Last Close: 14255.93 (279.08) Resistance – 14350, 14700, 14800, 15000 Supports –14150, 14000, 13900

Some more profit booking will be seen today. Nifty has support at 4150 & close below will show further bloodbath. Midcap IT stocks looks good with banking stocks. Avoid long pos.

Sensex Range for This Week 14000-15000 above which it will touch 15200 Bel Tgt 13700; Support at 14150 closing.

BTST/ STBT in Last Trade (Cash /Fut.): IDFC (Buy 114 SL 105 Tgt 117).

Hot in Street: I-Flex, Auto Stocks (Sell); Construction Stocks (Sell); Banking- Buy at dips for bounce back.

Board Meetings: Sundaram Brake, Sanco Trans, NRB Bearings, MSP Steel etc

IPO Diary: Nelcast EQ (App. Date: 4^th Jun- 8^th Jun), (Price Band: 195-219) Our View: Subscribe.

SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL	COMMENTS
Hot Today
CENTURY (592)	Sell C/F At 592-597	583	576	603	Looking weak on charts for profit booking.
TITAN (1094)	Must Sell C/F At cmp	1076	1067	1110	Sell at open for good gains in C/F today.
Derivative- Future (Strategy for today)
MPHASIS (312.85)	Must Buy At 310-307	315	318	Bel 305 --	Max Profits: Unlimited Max Loss: Rs. 2500	Some +ve news expected today.
--------- (----)	-----	----
GMR INFRA (493.7)	Sell At 493-497	485	480	502 --	Max Profits: 10000+ Max Loss: Rs. 3000	Ready for free fall today.
GMR CA 500 (17.75)	Buy With Future	Hedging Positions
Derivative- Option
BHARTI CA 800 (30)	Must Sell At 30-35	22	18	40	Some profit booking will be seen today.
Investment Pick
……….. (…..)	…………..	…..	…..	…..	………………………………….

Yesterdays (6^th June 2007) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 12035.00 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 (28 May-2 Jun): http://nse-bse.blogspot.com/2007/06/weekly-performance-report-online-calls.html

Perf Report (May): http://nse-bse.blogspot.com/2007/05/monthly-performance-report-online-calls.html

Hot stocks in this month (June 2007)—Given on 5th June 2007

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/