Daily News Letter 2nd November 2007---Gain from us...... Visit: http://stock.ibnservice.com/ OR http://nse-bse.blogspot.com/

~~OM~~

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

Daily News Letter—Dated 2^nd November 2007

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Advice: Book profits in Day-trade at gain of 2-3% in stock (Cash/Fut.) & don’t take risk with your money.

SENSEX: Last Close: 19724.65 (113.64) Resis –20000, 20150, 20250, 20500 Supports – 19500, 19200, 19000, 18800

NIFTY: Last Close: 5866.45 (34.20) Resis – 5940, 5975, 6000, 6070, 6100 Supports – 5800, 5740, 5700, 5650, 5610

Another panic day but expects a reversal from lower levels with Nifty crucial support 5710 closing basis. Buy at sharp dip today & get profits in next week. ONGC, RPL, Infra & Bank stocks r good.

Sensex Range for This Week: 18100-19750 above which it will touch 20000 Bel Tgt 17700; Support at 18750 closing.

BTST/ STBT in Last Trade (Cash /Fut.): NIFTY FUT (BUY 5880 SL 5850 Triggered)

Hot in Street: RNRL, Biocon, ONGC, Cairn, Corp Bank, RPL, Adlab, Aban, LT, Ranbaxy, EKC, Rcom, Uniphos, etc

IPO DIARY: Empee Distilleries (App. Date: 01 Nov-06 Nov), (Price Band: 350-400) Our View: Subs At Lower Band.

Mundra Port (App. Date: 01 Nov-07 Nov),), (Price Band: 400-440) Our View: Must Subscribe.

SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL	REMARKS
Hot Today
CANARA BNK (297.50)	Grab C/F At 294-297	302	305++	Bel 289	Looking very good on charts 4 Tgt 320 v. Soon.
TATA Motor (744.30)	Must Sell 740-750	732	725	Abv 755	Sell at opening bell to enjoy free fall in C/F.
Derivative- Future (Strategy for today)
BIOCON (550.15)	Must Buy at Dips 540	557	564	535	Max Profits: 20000+	Good OI build up seen, Good 4 traders.
………. (…..)	…………..	……….			Max Loss: Rs. 2250
ONGC (1302.25)	Must Grab 1300-1280	1320	1330++	Bel 1265 75	Max Profits: Unlimited	The stock will lead the Mkt today.
ONGC PA1250 (50.00)	Sell with Fut. 2 gain	Double Side gain			Max Loss: Rs. 6500
Derivative- Option
IFCI CA 90 (5.00)	Must Buy At 3.5—4	Call-Put Trading strategy with Bullish sentiments			Max Profits: Unlimited	Only news based panic seen, Buy at dips n hold.
IFCI CA 100 (3.15)	Sell With CA 90				Max Loss: Rs. 4000
Investment Pick
….. (…….) (8.21)	Accumulate At 7.5-8.2	10	12.5	Bel 6.5	One can buy, it can turn multi bagger in 1 yr.

Yesterdays (1^st November 2007) Performance in Online & BTST Calls: Total Profit/Loss: Rs.31600. 00 Approx.

Result (profit/ loss) may vary from person to person, due to one’s trading habit. The price calculated on intra-day target achieved.

Hot stocks in this month (November 2007)
…. (239.40)	Must Buy At 225-235	260	275--280	145	The stock is real gem 4 good gains this month in C/F
…. (119.70)	Grab C/F At 113-117	132	140	105	Something cooking in the stk, operator based move
….. (166.65)	Buy C/F At 155-165	180	187+	Bel 150	Best pick among metal sector, Can show fireworks.
….. (69.90)	Grab C/F At 62--67.5	75	68-70	55	Major news of stake sale expected, must buy n hold

Daily Perf Report (Last Trade): http://nse-bse.blogspot.com/

Weekly Performance Report (22 - 26 Oct): http://nse-bse.blogspot.com/2007/10/weekly-perf-report-online-calls-btst_27.html

Monthly Performance Report (October): http://nse-bse.blogspot.com/2007/09/monthly-perfo-report-online-calls-btst.html

For Online Calls join me in Yahoo Messenger: ibnservices OR ibnservice OR nse_bse4gain

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).

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