Daily News Letter 8th June 2007---Gain from us...... Visit: http://stock.ibnservice.com/

~~OM~~

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

Daily News Letter—Dated 8^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: 4179.5 (18.75) Resistance – 4200, 4240, 4275, 4320, 4400 Supports – 4140, 4110, 4065, 4040

SENSEX: Last Close: 14186.18 (69.75) Resistance – 14250, 14400, 14500, 14700, 15000 Supports –14100, 14000, 13900

Mkt unable to hold ground & our expectation given in weekly news letter for profit booking is working well. Today again weak opening & recovery at later stage. IT stocks are good.

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.): RCOM (Buy 520 SL 515 Tgt 530).

Hot in Street: Financial Tech, Satyam, Cummins, RPL (Sell), IFCI, APIL, Idea, TTML, Orchid, TCS, I-Flex etc .

Board Meetings: KEW Ind, Southern IS-Pet, Ponni Sugars, Cravatex Ltd, Amrit Banaspati, BSEL Infra, Jog 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
RANBAXY (378.5)	Sell C/F At 378-382	373	370	385+	Stock has turned weak for some more downside
PRAJ IND (519.4)	Must Sell C/F At cmp	510	503	525	Ready for free fall in C/F, Can break 500 too.
Derivative- Future (Strategy for today)
POLARIS (167.1)	Must Buy At 164-165	169.5	171	Bel 162.5 --	Max Profits: 10000+ Max Loss: Rs. 2000	Mid cap IT stocks r good.
POLARIS PA160 (4.5)	Buy with Future	Hedging Positions
IDBI (100.45)	Buy At 98.5-100	102	103	97 --	Max Profits: 7000+ Max Loss: Rs. 3000	Consolidation seen in stock.
IDBI PA 95 (3.00)	Buy With Future	Hedging Positions
Derivative- Option
INFOSYS CA 1920 (69)	Buy n Hold At 50-60	85	95	35	Some recovery can be seen in coming days.
Investment Pick
……….. (…..)	…………..	…..	…..	…..	………………………………….

Yesterdays (7^th June 2007) Performance in Online & BTST Calls: Total Profit/Loss: Rs.-2070.00 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/