Daily News Letter Dated 28th 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 28^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: 16275.59 (72.91) Resis – 16400, 17000, 17750, 18100 Supports – 16100, 16000, 15650, 15300

NIFTY: Last Close: 4859.80 (15.25) Resis – 4910, 5050, 5240, 5320, 5400 Supports – 4800, 4675, 4600, 4500, 4450

Sensex Range for This Week: 15650-17500 above which it will touch 18000 Below Tgt 15300; Support at 16000 closing.

Mkt will show intra-day volatility facing hurdle at 4950 today & Supp at 4800. A break bel 4800 can show 4650 levels but seems lesser chances. Hot Sector Today: Fertilizer & Telecom.

BTST/ STBT in Last Trade (Cash /Fut.): POLARIS FUT (BUY 101 SL 99.5 TGT 104) HDFC (SELL 2500 SL 2525 TRIGGRED)

Hot in Street: Chambal, Cromp, Aban, Cipla, Amtek Auto, HindPet, Mphasis, CorpBnk, Hdil, Geship, Ster, Ioc etc

Board Meetings Today: TATAMOTOR, IVRCL, IVRPRIME, IOC, M&M, IFLEX, BRITANNIA, MUNDRA PORT etc

IPO DIARY: Niraj Cement Structurals Ltd (App. Date: 26 - 30 May), (Offer Price: 175--190) Our View: Subs At Lower.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
HINDALCO (185.50)	Buy C/F At 183-185	188		190-192	Bel 180	We expect recov in C/F, looking oversold now.
AMTEK AUTO (296.5)	Buy C/F At 290-295	300		303-306	286	Stock is consolidating, good for long term too.
Derivative- Future (Strategy for today)
FINANTECH (1735.8)	Buy At 1710-1730		1758	1774-90	Bel 1685	Max Profits: 10000++	Short covering may be seen up to 1850.
………. CA…….(……)	………..		Hedging Position			Max Loss: Rs. 3750
GNFC (147.05)	Buy At 143-146		149.5	151-153	140	Max Profits: Unlimited	Sharp run can be seen if Mkt holds.
………… (………….)	……………...		Hedging Positions			Max Loss: Rs. 4500
Derivative- Option
…… CA560 (25.80)	Buy June At 18-22		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: 10000+	Keep SL of 620 and trade for 7-10 days.
…….. CA 600 (12.10)	Sell 2lots With CA560					Max Loss: Rs. 4000
Investment Pick
……… (……….)(31.75)	Buy Bulk At 27-31		50	60-90	Bel 22	Good stock for long term investors can do 100.

Last Trade (27^th May 2008) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 16561.00 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 (19^th -23^rd May 08) http://nse-bse.blogspot.com/2008/05/weekly-perf-report-online-calls-btst_23.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