Weekly News Letter—Dated 10th Sept–15th Sept 2007---Gain from us...... Visit: http://ibnservices.googlepages.com/stock OR http://nse-bse.blogspot.com

~~OM~~

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

Weekly News Letter—Dated 10^th – 15^th September 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.

SENSEX: Weekly Close: 15590.40 (271.80) Resis – 15700, 15800, 15900, 16000 Supports – 15350, 15100, 14900, 14750

NIFTY: Weekly Close: 4509.00 (45.00) Resis – 4540, 4570, 4600, 4635 Supports – 4440, 4375, 4310, 4270, 4220

We will see high volatility on Monday & Tuesday, but later bulls will dominate the Mkt. Good support lies at 14700 for this week. Avoid excess buying at current levels to be on safer side & gains.

Sensex Range for This Week: 14500-16000 above which it will touch 16300 Bel Tgt 14000; Resis at 14800 closing.

LAST WEEK PROFITS: BOMBAYDYE 6.5 %; ADLABS 3%; ESCORTS Fut. Rs 21600, NALCO -Fut. Rs 10450, PUNJ (Opt.) Rs. 7500.

TRADER’S PICK THIS WEEK: Bong Ref (C/F), BombayDye - Must Buy (C/F), Rcom (C/F), ITC (C/F), NIIT Tech (C/F), Aptech

IPO DIARY: Dhanus Tech Ltd. (App. Date: 10 –12 Sept), (Price Band: Rs. 280-295) Our View: Subs At Lower Band.

Power Grid Corp. of India Ltd. (App. Date: 010 –13 Sept), (Price Band: Rs. 44-52) Our View: Must Subscribe for gain.

Scripts	Trading Levels	Tgt1	Tgt2	SL	Remarks
Cash/ Future Stocks for This Week
BOMBAY DYE (611.10)	MustBuy C/F 595-603	627	635+	Bel 585	We r long from 550, Now everyone will buy.
ADLABS (490.80)	Grab C/F At 478-485	510	518+++	471	Given a breakout on charts can show 520-525.
Derivative- Future (Strategy for the week)
ESCORTS (102.50)	Buy At 99-101	106.5	109++	Bel 97 --	Max Profits: Unlimited Max Loss: Rs. 6000	One can go long at lower levels.
Escorts PA 100 (3.45)	Buy with Future	Hedging Positions
NALCO (256.50)	Grab At 250-253	265	270++	Bel 245 ---	Max Profits: 20000+ Max Loss: Rs. 5750	Stock shown good strength in Mkt.
……. (………..)	-------	-------
Derivative- Option
PUNJ CA 310 (13.70)	Must Buy At 8-10	17	19.5++	Bel 5	Buy in bulk this week & see handsome gain.
Investment Pick
Uniflex (500427) (39.25)	Buy Bulk At 37-39	45	50++	Bel 35	Buy in bulk for 1-2 months for sure gains.

Weekly News Letter (Dated 10^th September – 15^th September 2007) Performance Report: Approx Profit: Rs. 58300.00

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
BOMBAY DYE	Buy At 610	650	40	300	Profit Rs. 12000.00
ADLABS	Buy At 485	510	15	450	Profit Rs. 6750.00
ESCORTS (Fut.)	Buy At 100	109	9	2400	Profit Rs. 21600.00
NALCO (Fut.)	Buy At 265	275	10	1045	Profit Rs. 10450.00
PUNJ (Options)	Buy At 12	17	5	1500	Profit Rs. 7500.00

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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). Write to: ibnservices@gmail.com Visit: http://nse-bse.blogspot.com/ OR http://ibnservices.googlepages.com/ Group: http://finance.groups.yahoo.com/group/ibnservices/ Call: (91) 9899-90-9899; 92-123-76999