Weekly News Letter—Dated 19th Novr- 23rd Nov...Given to paid members... Visit: http://stock.ibnservice.com/ OR http://nse-bse.blogspot.com/

~~OM~~

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

Weekly News Letter—Dated 19^th November – 23^rd November 2007

Visit: http://ibnservices.googlepages.com/stock or http://stock.ibnservice.com/

Group: http://finance.groups.yahoo.com/group/ibnservices/

E-Mail: ibnservices@gmail.com or indiastock@gmail.com

Phone: (91) 9899-90-9899; 92123-76999 (Call between 9:00AM -- 5:30PM)

Advice: Book profits in weekly at gain of 4-10% in stock (Cash/Fut.) & don’t take risk with your money.

SENSEX: Weekly Close: 19668.36 (760.76) Resis – 20000, 20200, 20500, 20700 Supports – 19550, 19250, 19050, 18750

NIFTY: Weekly Close: 5906.85 (243.60) Resis – 5950, 6000, 6050, 6100, 6140 Supports – 5875, 5800, 5750, 5675, 5610

Mkt will be highly volatile but with +ve bias. Sensex has very good resistance at 20000 on closing basis. Banking, Textile, Refinery, FMCG & Infra looks good this week. Keep an eye on IT & cement.

Sensex Range for This Week: 18700-20200 above which it will touch 20500 Below Tgt 18000; Resis at 20000 closing.

LAST WEEK PROFITS: Corp Bank – 1.5%; Gitanjali- 0%; GMR-Fut. Rs. 85000, BRFL-Fut. Rs. -5750, ASHLEY(Opt) Rs.19100

TRADER’S PICK THIS WEEK: ASHLEY (C/F), IFCI (C/F), BILT (C/F), GMR (C/F), GNFC (C/F), STER (C/F), Escort (C/F).

IPO DIARY: Edelweiss Capital Ltd. (App. Date: 15 Nov-20 Nov), (Price Band: 725-825) Our View: Must Subscribe.

Renaissance Jewellery Ltd. (App. Date: 19 Nov-21 Nov), (Price Band: 125-150) Our View: Subscribe At Lower.

Kolte Patil Developers Ltd. (App. Date: 19 Nov-22 Nov), (Price Band: 125-145) Our View: Must Subscribe

Scripts	Trading Levels	Tgt1	Tgt2	SL	Remarks
Cash/ Future Stocks for This Week
CORP BANK (450.00)	MustBuy C/F 433-442	463	475	Bel 425	Low risk & High gain Can show great movt.
GITANJALI (375.30)	Buy in cash 360-370	388	394++	Bel 350	This week the stock will show fireworks in cash.
Derivative- Future (Strategy for the week)
BRFL (336.20)	Must Buy At 330-333	345	349	Bel 325	Max Profits: 17000+ Max Loss: Rs. 5500	Rise in OI with +ve bias seen.
……… (….)	……..	………
GMR (231.84)	Must Buy at 223-227	237	240++	Bel 220	Max Profits: 50000++ Max Loss: Rs. 15000	The stock is heading to 250.
…………. (……….)	…..	Hedging Positions
Derivative- Option
ASHLEY CA 42.5 (2.8)	Must Buy At 2—CMP	5	6.5++	1.5	Given a brkout for Tgt in cash 47-50 very soon.
Investment Pick
N……… (5………) (61.4)	Buy in Bulk 60—50	75	80++	40	You can buy for 2-3 months, Long term Tgt 100

Weekly News Letter (Dated 19^th November – 23^rd November 2007) Performance Report: Approx Profit: Rs. 86350.00

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
CORP BANK	Buy At 435	425	-10	1200	Loss Rs. 12000 (Super Gainer in week)
GITANJALI	Buy At 360	360	0	1000	Profit Rs. 0
GMR (Fut.)	Buy At 223	240	17	5000	Profit Rs. 85000 (Super Gainer in week)
BRFL (Fut.)	Buy At 330	325	-5	1150	Loss Rs. 5750
ASHLEY (Call Options)	Buy At 2.5	6.5	4	4775	Profit Rs. 19100

For Online Calls join me in Yahoo/ Gmail/ MSN 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). 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