Daily News Letter Dated 23rd April 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)

Daily News Letter—Dated 23^rd April 2008

Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/

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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: 16783.87 (44.54) Resis – 17000, 17500, 18100, 18500 Supports – 16000, 15300, 14700, 14500

NIFTY: Last Close: 5049.30 (12.30) Resis – 5100, 5240, 5320, 5400, 5500 Supports – 4800, 4450, 4400, 4240, 4100

Sensex Range for This Week: 15300-17000 above which it will touch 17500 Below Tgt 14650; Support at 15300 closing.

Mkt will trade in sea-saw movement due to F&O expiry tomorrow but can show huge short covering in selected stocks. Nifty might close abv 5050 which can show 5320. Hot Sector Tday: Oil & Sugar.

BTST/ STBT in Last Trade (Cash /Fut.): HINDALCO FUT (BUY 193 SL 191 TGT 196.5 & 198)

Hot in Street: Ifci, Hindoil, Ansal, Ispat, Brigade, Rnrl, Jphydro, Ttml, Idfc, Jpassociat, Purva, Nagcons, Gmr etc

Board Meeting Today: BAJAJ HIND, EDUCOMP, INDIAN BANK, ORIENTAL BANK, POLARIS, CONCOR, GATI, SELMCL.

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

SCRIPTS (CMP)	TRADING LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
IDEA (108.85)	Grab C/F At 106-109	111		112-113	105	Stock will fly toward 120 levels go long in C/F.
GDL (116.65)	Buy C/F At 114-Cmp	119		121-123	112	Go long if closes Abv 120 for Tgt 140-150 soon.
Derivative- Future (Strategy for today)
RNRL (118.80)	Must Buy At 115-118		120	121-123	113.5	Max Profits: 10000++	Oversold on charts quick bounce exp.
RNRL CA 125 (1.40)	Sell With Future		Hedging Position			Max Loss: Rs. 2500
IDBI (105.55)	Buy At 102-105		108	109-110	100	Max Profits: Unlimited	Just buy n go long at dip for Tgt 120.
……. CA ….. (1.20)	Sell With Future		Hedging Positions			Max Loss: Rs. 2000
Derivative- Option
…… PA ….. (…..)	Buy At 2.0—1.5		Options Trading strategy with Low risk & High Gain now.			Max Profits: 5000+	The stock can show profit booking till 185
…… CA …. (….)	Sell With PA 190					Max Loss: Rs. 00.00
Investment Pick
…….. (……..) (……)	Buy Bulk At 30--25		37.5	45-50	Bel 22	Some good news of merger expected very soon.

Last Trade (22^nd April 2008) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 28488.00 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 (April 2008)
ISPAT (31.35)	Must Buy C/F 30-31	35	37-39	27.5	Bangs Tgt1 Still Looking Strong For Tgt 2 & 3
IFCI (44.05)	Buy C/F At 41-43	47	49-50++	38.5	Bangs All Tgt On Fireee. Still Upside.
……… (646.50)	Grab C/F At 620-640	685	699-720	Bel 600	Best among infra, can go long too for Tgt 750+
RNRL (99.70)	Must Buy C/F At 95-99	107	110-114	90	Bangs All Tgt Still Looking Strong For 125+

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

Weekly Performance Report (14^th -18^th Apr 08): http://nse-bse.blogspot.com/2008/04/weekly-perf-report-online-calls-btst_18.html

Monthly Report (March): http://nse-bse.blogspot.com/2008/03/monthly-perf-report-online-calls-btst.html

For Online Calls join me in Yahoo Messenger: ibnservicesdelhi 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://indiastock1.blogspot.com/ Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/ Call: (91) 9899-90-9899; 9968-443-444