Weekly News Letter-Dated 28th April- 2nd 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)

Weekly News Letter—Dated 28^th April– 2^nd May 2008

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Advice: Book profits in weekly at gain of 4-10% in stock (Cash/Fut.) & don’t take risk with your money.

SENSEX: Weekly Close: 17125.98 (644.78) Resis – 17250, 17500, 18100, 18500 Supports – 16700, 16000, 15300, 14700

NIFTY: Weekly Close: 5111.70 (153.30) Resis – 5150, 5240, 5320, 5400, 5500 Supports – 5000, 4800, 4450, 4400, 4240

As written earlier we achieved 5000+ mark, now next hurdle lies at 5320. Whole Street is turning bullish now but pls book partial profits around 5220-5300 levels to be safer side. Nifty can turn bullish if closes above 5320 for 3 consecutive days. Hot Sectors of the week: Fertilizer & R-Group.

Sensex Range for This Week: 15700-17500 above which it will touch 18000 Below Tgt 15000; Resis at 17300 closing.

LAST WEEK PROFITS: RNRL 4%; BATA 15%; IFCI-Fut. Rs. 9456.00, BALLARPUR-Fut. Rs. 14600.00, ITC (Opt) Rs. 6187.50

TRADER’S PICK THIS WEEK: DLF, MOSERBAER, ALOKTEX, ABAN, RCOM, HOT. LEELA, BOI, REL, JPASSOCIATE, BHUSAN etc.

Board Meetings This Week: Welguj, Idfc, Rnrl, Star, Alok Text, Bata India, Cesc, Hindunilver, Rel, Rpower, Sesagoa, Kpit, Iob, Rel Cap, Aban, Grasim, Bhusanstl, Network18, Nationalum, Strtech, Nagfert, Apil, Cairn, Ifci, Adityabirlanuvo, Rcom, Uniphos, Sbin, Geship, Hindalco, Mphasis, Boi, Balrampur, Hdfc, Dabur, GujAlkali, Dena Bnk, Gtoffshore, Boschltd, Naukri, Ballarpur, Dlf, Jpassociat, Patni, Jstainless, Aptech, Moserbaer, Syndicate Bnk, Purva, Sterlin biotech.

Scripts	Trading Levels	Tgt1	Tgt2	SL	Remarks
Cash/ Future Stocks for This Week
RNRL (123.95)	Buy At 120-123	129	132-135	Bel 117	Result today; expect sharp swing can show 140.
BATA INDIA (166.40)	Must Buy At 163-166	173	175-178	160	Stock is good Resis at 170 for fireworks to190+
Derivative- Future (Strategy for the week)
IFCI (62.20)	Must Buy At 60-61.5	65	66-67.5	Bel 57.5	Max Profits: Rs. 10000+++	Best stock for traders this wk.
IFCI CA 75 (2.45)	Sell With Future	Hedging Positions			Max Loss: Rs. 4500
BALLARPUR (30.80)	Grab At 30—30.50	32	32.5-33	28.5	Profits: Rs. 20000+++	The stk can show 33.5-35 levels.
…………. (………..)	……………..	Hedging Positions			Max Loss: Rs. 10000
Derivative- Option
ITC CA 210 (9.0)	Must Buy At 7—9	Options Trading strategy with Bullish Sentiment in the Stock.			Max Profits: 10000+	Range bound movt can b seen.
ITC CA 220 (4.65)	Sell With CA 210				Max Loss: Rs. 2500

Weekly News Letter (Dated 28^th April 2008 – 2^nd May 2008) Performance Report: Approx Profit: Rs. 65277.50

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
RNRL	Buy At 123	128.5	5.5	1788	Profit Rs. 9834.00
BATA INDIA	Buy At 166	190	24	1050	Profit Rs. 25200.00
IFCI (Fut.)/ CA 75	Buy At 61.5/ 2.8	65/ 1.3	3.5+ 1.3= 4.8	1970	Profit Rs. 9456.00
BILT Fut. / CA ………	Buy At 30/ 0	32/ 0	2	7300	Profit Rs. 14600.00
ITC (Option Strategy)	Buy-Sell 9/ 5.0	14.5 /5.0	5.5+0= 5.5	1125	Profit Rs. 6187.50

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