Daily News Letter Dated 22nd 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 22^nd 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: 17243.16 (12.98) Resis – 17750, 18100, 18350, 18500 Supports – 17000, 16400, 16150, 16000

NIFTY: Last Close: 5117.65 (12.70) Resis – 5240, 5320, 5400, 5450, 5500 Supports – 5050, 4910, 4800, 4675, 4600

Sensex Range for This Week: 16300-18000 above which it will touch 18500 Below Tgt 15700; Resis at 18000 closing.

Today will be a volatile day, which will show gap down opening, but some relief later on. Today 5000 level will be good support on closing basis. Hot Sector Today: Bank, IT & Infra.

BTST/ STBT in Last Trade (Cash /Fut.): ITC FUT (BUY 229 SL 224 TGT 233.5 & 236)

Hot in Street: Praj, Aptech, Ifci, Hindoil, Neyveli, Litl, Chambal, Rnrl, Pantaloor, Essaroil, Rpl, Jphydro, Mrpl etc

Board Meetings Today: HAVELLS, CUMMINSIND, BAJAJHLDNG, MOSERBAER, TATACOFFEE, BALAJITELE etc

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

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
BOMBAYDYE (1018.8)	Must Buy C/F At Dip	1033		1042-50	Bel 950	The stock is floating with news, Buy C/F at dip
POWERGRID (103.30)	Buy C/F At 100-102.5	105		107-109	98.5	Range bound move for last 1month, Keep eyes.
Derivative- Future (Strategy for today)
TATACHEM (396.15)	Must Buy 385-392		400	404-408	Bel 380	Max Profits: 10000+	Good rise in OI seen can do 425+.
……………. (……..)	Sell When u Buy Fut.		Hedging Position			Max Loss: Rs. 3500
MOSERBAER (196.20)	Buy At 192-195		199	201-203	189	Max Profits: Unlimited	Result seen today, expect surprise.
………… (………….)	……………...		Hedging Positions			Max Loss: Rs. 2500
Derivative- Option
…….CA 60 (6.10)	Must Buy At 3—5		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: 10000+++	Stock expected to reach 72-75 levels.
…….PA 75 (0.90)	Sell 2lots With CA 60					Max Loss: Rs. 2500
Investment Pick
……. (…….) (18.60)	Buy Bulk At 15-CMP		23	25-28	Bel 14	Good stk for very short term gain in 3-4 month

Last Trade (21^st May 2008) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 72750.00 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 (12^th -16^th May 08) http://nse-bse.blogspot.com/2008/05/weekly-perf-report-online-calls-btst_16.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/

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