Daily News Letter Dated 17th June 2008---Gain from us...... Visit: http://stock.ibnservice.com/ OR http://nse-bse.blogspot.com/

~~OM~~

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

Daily News Letter—Dated 17^th June 2008

Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/

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Phone: (91) 9899-90-9899; 9968-443-444 (Call between 9:00AM -- 5:00PM only)

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: 15395.82 (206.20) Resis – 16150, 16400, 17000, 17750 Supports – 14700, 14000, 13500, 13000

NIFTY: Last Close: 4572.50 (55.40) 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.

Short covering to continue till Nifty 4650 Nifty levels, but selling pressure can again emerge at these levels. Time 4 investment in good stocks for short term. Hot Sector Today: Banking.

BTST/ STBT in Last Trade (Cash /Fut.): HINDOIL EXP FUT (BUY 127.5 SL 124 TGT 129.9 & 131.4)

Hot in Street: Welguj, Sasken, Jindalsaw, Ndtv, Birlajute, Powergrid, Pateleng, Unitech, Cromp, Renuka etc

Board Meetings Today: BPCL, IRB INFRA, TATA COMM, WWIL, ZEE NEWS, BILPOWER, UTTAM SUGAR etc.

IPO DIARY: Archidply Industries Limited (App. Date: Last Day Today), (Offer Price: Rs. 70--80) Our View: Apply at Low

Lotus Eyes Care Hospital Limited (App. Date: Last Day Today), (Offer Price: Rs. 38--42) Our View: Subs for Long Term.

First Winner Industries Limited (App. Date: Last Day Today), (Offer Price: Rs. 115--125) Our View: Avoid.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
BAJAJ HIND (174.60)	Must Buy C/F171-174	177.5		179-182	Bel 167	All sugar stocks can move further, Trade C/F.
JSW STEEL (994.85)	Grab C/F 990-975	1012		1025-35	975	Ready for rocket like move today, can do 1050
Derivative- Future (Strategy for today)
TRIVENI (92.20)	Buy At 92-90		94	95-96.5	89	Max Profits: Unlimited	Rise in OI seen, can show 95+ today
TRIVENI CA95 (5.10)	Sell With Future		Hedging Position			Max Loss: Rs. 2000
BANKNIFTY (6124.75)	Buy At 6000-6100		6200	6300-70	Bel 5850	Max Profits: 10000+++	All banking stocks r oversold on chart
BNKNIF PE5600(145.0)	Sell With Future		Hedging Positions			Max Loss: Rs. 4500
Derivative- Option
……... CA ……. (4.8)	Buy Bulk At 3.5—4.5		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: 15000++	The stock can go up to 95-100 levels soon.
…….. CA ……… (0.6)	Sell 2lots With CA 85					Max Loss: Rs. 4000
Investment Pick
………. (……….) (…….)	Buy Bulk At 15-18.5		25	29-34	Bel 13	Just buy in bulk for 3-6 months for good gains.

Last Trade (16^th June 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 9350.00 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	Our Final Tgt 160 Achieved On 17Th June.
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 (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