Daily News Letter Dated 10th June 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 10^th June 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: 15066.10 (506.08) Resis – 15800, 16150, 16400, 17000 Supports – 14700, 14000, 13500, 13100

NIFTY: Last Close: 4500.95 (126.85) Resis – 4650, 4800, 4910, 5050, 5120 Supports – 4440, 4250, 4140, 4000, 3900

Sensex Range for This Week: 14000-16500 above which it will touch 17500 Below Tgt 12500; Support at 15300 closing.

More pain can be felt for few days before we recover & beat the bears. Nifty can touch 4140-4000 mark if closes bel 4400 & Resis at 4800 for recovery. Hot Sector Today: Oil & Gas.

BTST/ STBT in Last Trade (Cash /Fut.): IFCI FUT (BUY 58 SL 56.5 TGT1 Achieved On Same Day)

Hot in Street: Cairn, Lupin, Nationalum, Rpl, Ranbaxy, Ekc, Herohonda, Sunpharma, Triveni, Star, Sesagoa etc

Board Meetings Today: HDFC, NATIONALUM, GIPCL, ABGESHIP, EVINIX, EMCO, PHOENIXLTD, ZANDUPHARM etc.

IPO DIARY: Avon Weighing System (App. Date: 9-12 June), (Offer Price: Rs. 10) Our View: Subs for Long Term gain.

Sejal Architectural Glass Limited (App. Date: 9-12 June), (Offer Price: Rs. 105--115) Our View: Subs At Lower Band.

First Winner Industries Limited (App. Date: 9-12 June), (Offer Price: Rs. 120--130) Our View: Avoid.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
INDIA CEM (160.25)	Must Buy C/F155-159	162.5		164-166	Bel 150	Cement stocks r oversold on charts, Keep SL.
MPHASIS (248.85)	Buy C/F At 240-245	252		255-258	235	Good strength seen in last trading session.
Derivative- Future (Strategy for today)
INDIA INFO (617.10)	Must Sell At 617-630		606	600-593	Abv 640	Max Profits: Unlimited	The stock is very weak on charts.
……………. (………..)	……………….		Hedging Position			Max Loss: Rs. 2500
JSW STEEL (1080.40)	Buy At 1060-1075		1090	1102-10	Bel 1050	Max Profits: Unlimited	Very strong in volatile Mkt.
………….. (…………)	…………….		Hedging Positions			Max Loss: Rs. 2750
Derivative- Option
……….CA …. (4.55)	Buy Bulk At 3.5—4.2		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Unlimited	Just buy bulk & hold for 1 wk 4 super gain.
……….PA ….. (1.65)	Sell 2lot With CA 60					Max Loss: Rs. 2000
Investment Pick
………. (……….) (42.7)	Must Buy At 42-37		90	100-120	Bel 35	Buy in bulk for good gains in 3-6 months time.

Last Trade (9^th June 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.23143.00 Approx.

Result (profit/ loss) may vary from person to person, due to one’s trading habit. The price calculated on intra-day/ Positional stocks target achieved.

Hot stocks in this month (June 2008)- Revised on 5th June
………. (173.90)	Must Buy C/F 155-165	185	190-197	Bel 150	Buy at Dips & go long 4 good gains this month
HINDPETRO (244.65)	Grab C/F At 232-240	260	267-274	Bel 225	Tgt1 Achieved on 4th Jun, asked to book profit
………. (120.05)	Buy C/F At 105-110	130	135-140	100	We expect the stock to touch 150 levels too.
INDIA CEMENT (160.0)	Buy C/F 150-155	170	174-177	145	Tgt1 Achieved on 4th Jun, Again buy at decline

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

Weekly Performance Report (2^nd -6^th June 08) http://nse-bse.blogspot.com/2008/06/weekly-perf-report-olc-s-shot-nifty.html

Report (May): http://nse-bse.blogspot.com/2008/05/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