Daily News Letter—Dated 29th August 2007.....Visit: http://stock.ibnservice.com/

~~OM~~

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

Daily News Letter—Dated 29^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: 4320.70 (18.10) Resis – 4350, 4375, 4400, 4420, 4450 Supports – 4275, 4240, 4200, 4150, 4110

SENSEX: Last Close: 14919.19(76.81) Resis – 15000, 15100, 15180, 15250 Supports – 14750, 14600, 14470, 14300

Nifty will take good support at 4240 today. High volatility will be seen until tomorrow. Buy at gap down opening & gain with recovery in the Mkt. IT, Steel & Infra stocks looks good to buy at dip.

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.): INDIACEM (Buy 243 SL 238.5 Tgt 247—249.5)

Hot in Street: TTML, SKUMAR, HCC, BALRAMPUR, ABAN, CROMP, LITL, TITAN, SESAGOA, INDIACEM, EKC, ROLTA etc.

IPO Diary: Magnum Ventures Ltd. (App. Date: 27Aug – 30Aug), (Price Band: Rs. 27-30) Our View: Subs At Lower Band.

IT People (India) Ltd. (App. Date: 27Aug – 31Aug), (Price Band: Rs. 30-32) Our View: Subscribe for Long Term.

SCRIPTS (CMP)	TRADING LEVEL	TGT 1		TGT 2	SL	REMARKS
Hot Today
KOTAK BNK (699.45)	Must Sell C/F 700-705		687	681	712	Must sell at opening for gains with Mkt trend.
ASHOK LEYL (36.15)	Buy C/F 35.5---35		36.7	37.2	Bel 34.5	Just buy in C/F for gains today & this week.
Derivative- Future (Strategy for today)
BHARTI (869.55)	Must Sell 875-869	857		850	880 --	Max Profits: 10000+ Max Loss: Rs. 2500	The Stk can show free fall till 840.
………… (…..)	Buy with Future	Hedging Positions
SKUMAR (111.15)	Sell At 112-111	109.5		108-106	113 …..	Max Profits: 8000+ Max Loss: Rs. 2600	The Stk is in overbought stage.
…………… (…..)	………….	…………
Derivative- Option
........ PE4300 (..........)	Must Buy 35-40	70		85	20	Buy in truck load & enjoy the huge gains today.
Investment Pick
....... (532656) (.........)	Accumulate At 4—4.5	7		10+	Bel 3	Very good stock for portfolio, Must buy bulk.

Yesterdays (28^th August 2007) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 56490.00Approx.

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 (20 Aug-25 Aug): http://nse-bse.blogspot.com/2007/08/last-week-weekly-performance-report_24.html

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

Hot stocks in this month (Aug 2007)
ASHOK LEYLAND (37.2)	Must Buy At 37-36	40	42	35	SL Triggered as Mkt turned in corrective mode.
REL CAPITAL (1201.45)	Grab C/F At 1175-1190	1260	1290++	1150	SL Triggered as Mkt turned in corrective mode.
ITC (170.70)	Buy At 165-168	180	185	160	SL Triggered as Mkt turned in corrective mode.
BOB (299.95)	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/

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