Daily News Letter Dated 7th 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 7^th May 2008

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

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Phone: (91) 9899-90-9899; 9968-443-444 (Call between 9:00AM -- 5:00PM only)

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: 17373.01 (117.89) Resis – 18100, 18500, 18750, 19000 Supports – 17000, 16700, 16000, 15300

NIFTY: Last Close: 5144.65 (47.60) Resis – 5320, 5400, 5450, 5500, 5600 Supports – 5050, 5000, 4800, 4450, 4400

Sensex Range for This Week: 16000-18500 above which it will touch 19000 Below Tgt 15300; Resis at 18000 closing.

Mkt to show nervousness at higher levels, best is to sell at high & buy at dip or vice-versa for intra-day gains. Nifty Support at 5110 -5050 & Resis at 5250-5320. Hot Sector Today: Mid-Cap IT Stock.

BTST/ STBT in Last Trade (Cash /Fut.): HINDALCO FUT (BUY 182 SL 177.50 TGT 186 & 188)

Hot in Street: Polaris, Niit, STER, Bajaj, Wipro, Dabur, Satyam, Ballarpur,TCS, Lichsg, MRPL, 3Infotech etc

Board Meetings Today: PRAJIND, MRPL, UNIONBANK, SHREECEM, BIRLAERIC, UNIVCABLES etc.

IPO DIARY: Gokul Refoils & Solvent Ltd. (App. Date: 8-13 May), (Offer Price: Rs.175-195) Our View: Subscribe at Lower

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
MPHASIS (223.10)	Must Buy C/F220-223	227		229-232	Bel 217	Must buy bulk in C/F for super gains today.
GNFC (165.55)	Sell C/F 166-168	163		161-160	Abv 170	Profit booking can b seen till 150, at every rise.
Derivative- Future (Strategy for today)
AIR DECCAN (147.50)	Sell At 147.5-150		145	143-141	Abv 152	Max Profits: 10000+	Weak on charts, free fall expected.
AIRDEC CA 160 (4.00)	Trade With Future.		Hedging Position			Max Loss: Rs. 2000
PRAJ IND (196.90)	Must Buy At 193-197		201	203-205	190	Max Profits: 15000+	Keep eye on result for sharp swings.
PRAJ CA 210 (3.25)	Sell When u Buy Fut.		Hedging Positions			Max Loss: Rs. 3000
Derivative- Option
……….. CA …. (24.0)	Must Buy At 17-22		Options Trading strategy with V. Low risk & High Gain now.			Max Profits: 5000+++	Trade & long for this week for good gains.
……….. CA….. (10.5)	Sell 2lotsWith CA 400					Max Loss: Rs. 1000
Investment Pick
……….. (………..) (34)	Must Buy At 32-34		50	57-65	Bel 29	Low Risk investment stock, Buy bulk for 1 yr.

Last Trade (5^th May 2008) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 13413.00 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
……….. (269.65)	Grab C/F At 269-260	293	297-300	250	Best pick among IT Sector for good gains now.
……….. (752.45)	Must Buy C/F 720-740	800	820-840	Bel 700	Oversold stck, another is RNRL which is good
……….. (293.8)	Must Buy C/F 280-290	310	315-320	272	Budget pick under consolidation, Go long now.

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

Weekly Performance Report (28^th Apr-2^nd May 08) http://nse-bse.blogspot.com/2008/05/weekly-perf-report-online-calls-btst.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