Daily News Letter—Dated 6th May 2008.........Given to paid members before mkt hrs.

~~OM~~

India Stock (A Unit of IBN Services, New Delhi)

Daily News Letter—Dated 6^th May 2008

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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: 17490.90 (109.22) Resis – 18100, 18500, 18750, 19000 Supports – 17000, 16700, 16000, 15300

NIFTY: Last Close: 5192.25 (35.95) 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.

Any dip toward 5110-5150 level should b taken as buying opportunity which can give good return in coming days. We are still not in safe zone which is above 5320. Hot Sector Today: Fertilizer & Infra.

BTST/ STBT in Last Trade (Cash /Fut.): NIFTY FUT (BUY 5200-5180 SL 5150 TGT 5240 & 5260)

Hot in Street: Pfc, Hcc, Ballarpur, IndianBk, Star, Ttml, Bindalagro, Unitech, Zeel, Ivrcl, Birlajute, Pateleng etc

Board Meetings Today: DCB, EVEREADY, HINDUJAFO, INFOMEDIA, ASAHINDIA, TORNTPHARM 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)
CHAMBAL (72.35)	Buy C/F 70-71.5	73.3		74-75	Bel 69	Some strong hand is operating the stock T 75+.
JET AIRWAYS (580.6)	Must Buy C/F565-575	590		595-600	Bel 560	We expect a good movement 2day in C/F T600
Derivative- Future (Strategy for today)
RCOM (557.90)	Buy At 545-553		565	570-575	Bel 540	Max Profits: 10000+	Buy at every dip for sudden bounce.
RCOM CA 580 (14.40)	Sell When u Buy Fut.		Hedging Position			Max Loss: Rs. 2000
NAG CONS (225.30)	Must Buy At 220-223		229	231-233	217	Max Profits: Unlimited	Just buy n go long for Tgt 250 V. Soon
……………… (………)	Sell When u Buy Fut.		Hedging Positions			Max Loss: Rs. 3000
Derivative- Option
.................. (43.60)	Must Sell At 40-50		Options Trading strategy with V. Low risk & High Gain now.			Max Profits: 5000+	Trade & Hold till FnO exp this month.
……… ….. (50.70)	Sell With CE 5400					Max Loss: Rs. 2000
Investment Pick
……….. (5………) (12.0)	Buy Bulk At 10-12		18	20-23	Bel 8	Just buy in bulk & go long for super gains.

Last Trade (5^th May 2008) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 29588.00 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/

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