Weekly News Letter-Dated 17th March- 21st March 2008---Gain from us...... Visit: http://stock.ibnservice.com/ OR http://nse-bse.blogspot.com/

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

Weekly News Letter—Dated 17^th March– 21^st March 2008

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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: 15760.52 (214.48) Resis – 16100, 16350, 16700, 17000 Supports – 15300, 15000, 14700, 14500

NIFTY: Weekly Close: 4745.80 (25.80) Resis – 4840, 4910, 5000, 5100, 5220 Supports – 4610, 4540, 4450, 4400, 4250

This week is very crucial with major announcements in Mkt. Nifty Resis lies at 4900 & Support at 4400. We expect high volatility this week due to F&O rollover & expect short covering too. Traders can enjoy the week by trading intra-day. Hot Sectors of the week: Banking, Metals and Oil & Gas.

Sensex Range for This Week: 14500-17000 above which it will touch 18000 Below Tgt 14000; Resis at 17000+ closing.

LAST WEEK PROFITS: BANKINDIA -2%; BHARTIARTL 5%; CAIRN-Fut. Rs. 20937.50, NIFTY-Fut. Rs. 11000.00, RPL (Opt) Rs. 3350.00

TRADER’S PICK THIS WEEK: M&M (sell), GITANJALI, PENINSULA, RCOM, BOI, REL (Sell), RELCAP (Sell), IFCI (Sell), SBI, RIL etc.

IPO DIARY: ……..……………………………………….. (App. Date: ………….), (Offer Price: …………..) Our View: ……………….

Scripts	Trading Levels	Tgt1	Tgt2	SL	Remarks
Cash/ Future Stocks for This Week
BOI (280.50)	Buy C/F At 270-275	287	290-294	265	Good buying seen in last trading session, tgt 300
BHARTI (752.95)	Must Sell At 750-770	730	723-715	780	The stock will show weakness & free fall to 700
Derivative- Future (Strategy for the week)
CAIRN (228.95)	Must Buy At 217-222	233	235-238	210	Max Profits: Rs. Unlimited	V. good buying in last trades.
CAIRN PA 210 (5.80)	Sell with Future	Hedging Positions			Max Loss: 6000
NIFTY FUT (4746.95)	Must Sell At CMP	4600	4560-00	4900	Profits: Rs. 15000+++	Some more selling will be seen.
NIFTY CE 4900 (62.45)	Sell With Future	Hedging Positions			Max Loss: Rs. 7000
Derivative- Option
RPL CA 170 (5.35)	Must Buy At 4-5	Options Trading strategy with Bullish Sentiment.			Max Profits: Unlimited	Trade & hold till FnO expiry 4 gain
RPL CA 180 (2.70)	Sell 2lots with CA 170				Max Loss: Rs. 2000

Weekly News Letter (Dated 17^th March 2008 – 21^st March 2008) Performance Report: Approx Profit: Rs. 39287.50

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
BOI	Buy At 270	265	-5	950	Loss Rs. 4750.00
BHARTI	Sell At 750	715	35	250	Profit Rs. 8750.00
CAIRN (Fut.)/PA210	Buy At 217/ 5.75	230/2.0	13+3.75= 16.75	1250	Profit Rs. 20937.50
NIFTY Fut./ CE4900	Sell At 4680/ 50	4500/10	180+40 = 220	50	Profit Rs. 11000.00
RPL (Opt Strategy)	Buy-Sell 3.5/2	2.5/0.50	-1+(1.5)*2= 2	1675	Profit Rs. 3350.00

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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://stock.ibnservice. com/

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