Daily News Letter Dated 16th May 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 16^th May 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: 17353.54 (375.19) Resis – 17500, 17750, 18100, 18350 Supports – 17000, 16400, 16150, 16000

NIFTY: Last Close: 5115.25 (103.50) Resis – 5150, 5240, 5320, 5400, 5450 Supports – 5050, 4910, 4800, 4675, 4600

Sensex Range for This Week: 16000-17500 above which it will touch 18000 Below Tgt 15700; Support at 16150 closing.

Again a hurdle with bulls today: Inflation Figure. Mkt will remain range bound till 12 noon & then sudden movement, expected positive side only. Hot Sector Today: Bank & Fertilizer.

BTST/ STBT in Last Trade (Cash /Fut.): SAIL FUT (BUY 174.5 SL 170 TGT 178 & 179.5)

Hot in Street: Lupin, Triveni, Edelweiss, Cromp, Omaxe, Indiacem, Hdil, Hindalco, Rcom, Boi, Neyveli, Havells etc

Board Meetings Today: BONG REF, BANKINDIA, EDELWEISS, SAIL, EMKAY SHARE, HT MEDIA, IT PEOPLE, DCWLTD etc

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

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
PARSVNATH (220.95)	Must Buy C/F215-220	225		227-230	Bel 210	Silent stock in Infra sector, FnO Exp Tgt 250.
TATACHEM (351.40)	Buy C/F At 345-350	357		360-363	Bel 340	Good stock for trader, some long position seen
Derivative- Future (Strategy for today)
RNRL (111.35)	Must Buy 107-110		113.5	115-117	Bel 105	Max Profits: Unlimited	Short covering can be seen till 130-140.
RNRL PA 100 (2.10)	Sell When u Buy Fut.		Hedging Position			Max Loss: Rs. 5000
BALRAMPUR (102.25)	Buy At 100-102		104.5	106-107	99	Max Profits: Unlimited	Sugar stocks can show more upside.
BALRAM PA 100 (3.80)	Buy With Future		Hedging Positions			Max Loss: Rs. 3000
Derivative- Option
………. CA 600 (11.55)	Must Buy At 7-11		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Unlimited	Good delivery based buying seen Y’day.
………. PA 540 (3.20)	Sell 2lot With CA600					Max Loss: Rs. 0 to 1000
Investment Pick
………. (……….) (65.20)	Must Buy At 55-Cmp		85	100-110	Bel 45	Good investment pick for very short term gain

Last Trade (15^th May 2008) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 54907.00 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 (May 2008)
………. (232.00)	Must Buy C/F 215-230	250	257-264	200	All infra stock will b hot this month, Also DLF
………. (245.65)-Revised	Grab C/F At 235-245	275	290-300	225	Best pick among IT Sector for good gains now.
………. (650.00) -Revised	Must Buy C/F 650-630	700	720-740	Bel 600	Oversold stck, another is RNRL which is good
BHARAT FORGE (293.8)	Must Buy C/F 280-290	310	315-320	272	Bangs Tgt2. Still Looking Strong For Tgt3

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

Weekly Performance Report (5^th -9^th May 08) http://nse-bse.blogspot.com/2008/05/weekly-perf-report-online-calls-btst_09.html

Monthly Report (April): http://nse-bse.blogspot.com/2008/04/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