Daily News Letter Dated 16th 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 16^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: 15189.62 (60.58) Resis – 16150, 16400, 17000, 17750 Supports – 14700, 14000, 13500, 13000

NIFTY: Last Close: 4517.10 (22.25) Resis – 4650, 4800, 4910, 5050, 5120 Supports – 4440, 4250, 4140, 4000, 3910

Sensex Range for This Week: 14000-16150 above which it will touch 16800 Below Tgt 12300; Resis at 16150 closing.

We can see short covering at lower levels but panic selling can be seen at every rise. We have not bottomed out yet but very close to bottom, wait for time. Hot Sector Today: Fertilizers.

BTST/ STBT in Last Trade (Cash /Fut.): NIFTY FUT (SELL 4495 SL 4535 TGT 4455 & 4442)

Hot in Street: Rajeshexpo, Kpit, Chambal, Auropharma, Indusbnk, Bharatforg, Hoteleela, Ranbaxy, Skumar etc

Board Meetings Today: SKUMARSYN, ZEEL, HCIL, SUNFLAG, UTVSOF, SHRIRAM CITY, NAGREEK EXP etc.

IPO DIARY: Archidply Industries Limited (App. Date: 11^th---17^th June), (Offer Price: Rs. 70--80) Our View: Apply at Low.

Lotus Eyes Care Hospital Limited (App. Date: 12^th—17^th June), (Offer Price: Rs. 38--42) Our View: Subs for Long Term.

First Winner Industries Limited (App. Date: 9^th—17^th June), (Offer Price: Rs. 115--125) Our View: Avoid.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
NAG FERT (46.55)	Must Buy C/F 45-46.5	47.5		48-49	Bel 44	The stock will run toward 50-52+ levels in C/F.
TECH MAHIN (788.25)	Buy C/F 770-785	800		808-815	762	Stock can show strength with the mkt in C/F.
Derivative- Future (Strategy for today)
RANBAXY (567.00)	Grab At 555-565		575	580-585	550	Max Profits: Unlimited	Recovery toward 585+ can be seen.
RANBAXYCA600(6.90)	Sell With Future		Hedging Position			Max Loss: Rs. 4000
HINDOILEXP (127.45)	Buy At 124-127		129.8	131-133	Bel 120	Max Profits: 10000+++	Stock will bounce back to 140 this wk
HINDOIL CA 140 (2.0)	Sell With Future		Hedging Positions			Max Loss: Rs. 4500
Derivative- Option
….. CA …….. (4.25)	Buy Bulk At 3.0—4.0		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Unlimited	Stock can show 115-118 level this week.
…… PA …… (1.70)	Sell 2lots With CA110					Max Loss: Rs. 2000
Investment Pick
……. (……) (……)	Buy Bulk At 22-25		35	42-47	Bel 20	Good sugar stock for investors, go for 1-2 year.

Last Trade (13^th June 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.24431.00 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
GUJ ALKALI (173.90)	Must Buy C/F 155-165	185	190-197	Bel 150	Tgt2 Achieved on 13th Jun, asked to book profit
HINDPETRO (244.65)	Grab C/F At 232-240	260	267-274	Bel 225	Tgt1 Achieved on 4th Jun, asked to book profit
SASKEN (120.05)	Buy C/F At 105-110	130	135-140	100	Tgt1 Achieved on 13th Jun, Book 50% Still Go.
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/2008/06/daily-performance-report-online-nifty_13.html

Weekly Performance Report (9^th June-13^th June 08) http://nse-bse.blogspot.com/2008/06/weekly-perf-report-online-calls-btst.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