Daily News Letter Dated 8th 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 8^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: 17339.31 (33.70) Resis – 18100, 18500, 18750, 19000 Supports – 17000, 16700, 16000, 15300

NIFTY: Last Close: 5135.50 (9.15) 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.

Today we can see some weakness throughout the day but last hours of trade will be very crucial, we can see sharp fluctuations. Keep eye on RIL. Hot Sector Today: Oil & Sugar.

BTST/ STBT in Last Trade (Cash /Fut.): POWER GRID FUT (BUY 103.5 SL 100 TGT 106 & 107)

Hot in Street: Mahlife, Hindoil, Cairn, Renuka, Skumars, Colpal, Aban, Patni, Strtech, Indhotel, Tatapower etc

Board Meetings Today: ASHOKLEY, BIRLAJUTE, HINDMOTOR, CENTEXT, MMFL, VOLTAMP, PREMIER 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)
KOTAK BANK (836.0)	MustBuy C/F 820-833	850		858-864	Bel 800	High Risk & High Gain Expected, Trade C/F.
NIIT LTD. (109.90)	Buy C/F At 107-110	113		115-117	Bel 105	Just Grab in C/F, ultimate Tgt 120+, can fly.
Derivative- Future (Strategy for today)
BALRAMCHIN (101.8)	Must Buy At 99-Cmp		103.5	105-106	Bel 97.5	Max Profits: Unlimited	All sugar r looking sweet on charts.
BALRAM CA110 (3.35)	Sell When u Buy Fut.		Hedging Position			Max Loss: Rs. 5000
APIL (619.80)	Buy At 608-615		630	635-640	Bel 600	Max Profits: 6000+	Low risk & high gain, Buy at Dips.
…………….. (…………)	…………….		Hedging Positions			Max Loss: Rs. 1600
Derivative- Option
.,… CA ….. (4.50)	Must Buy At 3.5—4.5		Options Trading strategy with V. Low risk & High Gain now.			Max Profits: 8000+++	Safe bet for 5-7 days, will give good profits.
.,… CA….. (1.65)	Sell 2lotsWith CA 60					Max Loss: Rs. 2000
Investment Pick
.,………… (.,…………) (20)	Must Buy At 17-20		30	35-40	Bel 15	Buy in Bulk for 6-12 months, sure shot gains.

Last Trade (7^th May 2008) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 17443.00 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	Bangs Tgt1. Still Looking Strong For Tgt2 &3

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