Weekly News Letter- Dated 5th May - 9th 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 5^th May – 9^th 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: 17600.12 (474.14) Resis – 18100, 18500, 18750, 19000 Supports – 17000, 16700, 16000, 15300

NIFTY: Weekly Close: 5228.20 (116.50) Resis – 5320, 5400, 5450, 5500, 5600 Supports – 5050, 5000, 4800, 4450, 4400

Mkt will show strong Resis around 5320-5350 levels & we expect profit booking in panic around this level. Keep Nifty SL at 5050 for your long positions and book at least partial profits at higher levels. This week will show sharp swings in the market. Hot Sectors of the week: Banking, Auto & Infra.

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

LAST WEEK PROFITS: DLF -2.2%; NIIT TECH -2%; KOTAK BANK-Fut. Rs. 13750.00, ORCHID-Fut. Rs. 17850.00, RPL (Opt) Rs. 3350

TRADER’S PICK THIS WEEK: ORCHID, BONGREF, SKUMAR, IDEA, DABUR, ARVIND, POWERGRID, NIITTECH, IDBI, ESCORT etc.

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

Board Meetings This Week: JSWSTEL, CENTURY, IFLEX, DCB, UNION BNK, PRAJ, MRPL, ASHOKLEY, HINDMOTOR, KOTAK BNK.

Scripts	Trading Levels	Tgt1	Tgt2	SL	Remarks
Cash/ Future Stocks for This Week
DLF (720.15)	Must Buy At 705-720	750	759-765	Bel 690	One of the best among Infra to shoot up Tgt 800
NIIT TECH (151.15)	Buy At 150-Dip	156	158-160	142	Good vol & breakout seen on charts, Next 160.
Derivative- Future (Strategy for the week)
KOTAK BANK (825.70)	Buy At 825-810	860	868-875	Bel 800	Max Profits: Rs. 10000+++	Result this week expect volatility
………… (……….)	Sell With Future	Hedging Positions			Max Loss: Rs. 3000
ORCHIDCHEM (256.3)	Grab At 245-255	265	268-272	240	Profits: Rs. 20000+++	Short covering can b seen till 280
ORCHID CA 300 (6.00)	Sell 2 Lots with Fut.	Hedging Positions			Max Loss: Rs. 1000
Derivative- Option
RPL CA 205 (9.45)	Must Buy At 7—9	Options Trading strategy with Bullish Sentiment in the Stock.			Max Profits: Unlimited.	Trade & Hold this week 4 gains.
RPL PA 190 (4.00)	Sell With CA 205				Max Loss: Rs. 6500

Weekly News Letter (Dated 5^th May 2008 – 9^th May 2008) Performance Report: Approx Profit: Rs. 18650.00

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
DLF	Buy At 705	690	-15	400	Loss Rs. 6000.00
NIIT TECH	Buy At 145	142	-3	1200	Loss Rs. 3600.00
KOTAK BANK (Fut.)	Buy At 825	875	50	275	Profit Rs. 13750.00
ORCHID Fut. / CA 300	Buy At 255/ 7.5	265/ 0.5	10+7= 17	1050	Profit Rs. 17850.00
RPL (Option Strategy)	Buy-Sell 8/ 4.5	6 / 4.5	-2+0= -2	1675	Loss Rs. 3350.00

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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://stock.ibnservice. com/

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