Daily News Letter—Dated 24th August 2007.....Visit: http://stock.ibnservice.com/

~~OM~~

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

Daily News Letter—Dated 24^th August 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: 4114.95 (38.20) Resis – 4200, 4240, 4275, 4320 Supports – 4075, 4040, 4000, 3950, 3910

SENSEX: Last Close: 14163.98 (84.68) Resis – 14350, 14550, 14700 Supports – 14000, 13850, 13700, 13630, 13500

Today the Mkt will open around 14000 levels & will show sea-saw movement through out the day. Buy at lower levels & Sell at recovery 4 gain today. Cement, FMCG & IT sector can show recovery.

Sensex Range for This Week 13700-15000 above which it will touch 15500 Bel Tgt 13300; Resis at 14700 closing.

BTST/ STBT in Last Trade (Cash /Fut.): RELIANCE (Buy 1750 SL 1745 Tgt 1760-1770)

Hot in Street: BIRLAJUT, VIJYABNK, CAIRN, IDEA, UNIPHOS, INDIACEM, RELCAP, INDIAINFO, BEML, BHARTI, SATYAM, etc.

IPO Diary: Indowind Energy Ltd. (App. Date: Last Day Today), (Price Band: Rs. 55-65) Our View: Subscribe for Long Term.

SCRIPTS (CMP)	TRADING LEVEL	TGT 1		TGT 2	SL	REMARKS
Hot Today
HINDALCO (139.20)	Buy C/F At 137-138		141	142.5	135	The stock is at very good support can recover.
GMR INFRA (703.25)	Sell C/F At 703-710		693	685	715	More downside expected in the stock, Sell C/F.
Derivative- Future (Strategy for today)
IDEA (111.05)	Grab At 109-109.5	112		113.5+	Bel 108 --	Max Profits: 10000+ Max Loss: Rs. 4000	The stk can show short covering.
IDEA PA110 (2.55)	Buy with Future	Hedging Positions
JP ASSOCIAT (820.75)	Buy At 810-815	827		834	803 …..	Max Profits: 7500+ Max Loss: Rs. 2000	Cement stocks r looking good.
………. (…..)	………….	…………
Derivative- Option
IFCI CA 60 (1.25)	Buy At 0.85---1.10	1.75		2++	0.5	See a good recovery from lower levels up to 62.5
Investment Pick
..........(513693) (.......)	Must Buy At 60-70	100		125	Bel 50	Must buy in bulk for 4-6 month for huge gains.

Yesterdays (23^rd August 2007) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 21705.00Approx.

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 (13 Aug-18 Aug): http://nse-bse.blogspot.com/2007/08/last-week-weekly-performance-report_17.html

Monthly Perf Report (July): http://nse-bse.blogspot.com/2007/07/monthly-performance-reportjuly-online.html

Hot stocks in this month (Aug 2007)
......... (......)	Must Buy At 37-36	40	42	35	SL Triggered as Mkt turned in corrective mode.
........ (.........)	Grab C/F At 1175-1190	1260	1290++	1150	SL Triggered as Mkt turned in corrective mode.
......... (........)	Buy At 165-168	180	185	160	SL Triggered as Mkt turned in corrective mode.
........ (.......)	Buy At 290-295	310	319	Bel 284	The stock achieved the Tgt 2 by hitting 319 levels.

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/