Daily News Letter Dated 3rd 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 3^rd June 2008

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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: 16063.18 (352.39) Resis – 16850, 17000, 17750, 18100 Supports – 16000, 15650, 15300, 15000

NIFTY: Last Close: 4739.60 (130.50) Resis – 5000, 5050, 5240, 5320, 5400 Supports – 4675, 4600, 4500, 4450, 4400

Sensex Range for This Week: 15300-17500 above which it will touch 18000 Below Tgt 14000; Support at 16000 closing.

Nifty next support at 4650 & 4500 which is quite visible soon and then a sharp bounce back. Be ready to do bottom fishing this time 4 quick gain. Hot Sector Today: Sell R-Group Stock.

BTST/ STBT in Last Trade (Cash /Fut.): NIFTY (SELL 4760 SL 4820 TGT1 ACHIVED)

Hot in Street: Essaroil, Herohonda, Maruti, Sunpharma, Mphasis, Itc, Litl, Oriental Bnk, Tvsmotors, Ekc, Mtnl etc

Board Meetings Today: DLF, IVP, GMRINDS, FMGOETZE, ENGINERSIN etc.

IPO DIARY: Avon Weighing System (App. Date: 9-12 June), (Offer Price: Rs. 10) Our View: Subs on Opening Day.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
SATYAM (518.65)	Sell C/F 518-525	510		505-500	Abv 532	Must sell in C/F to gain with free fall today.
EKC (308.6)	Buy C/F At Dips	312		315-318	290	Looking stable in weak Mkt, Trade with SL.
Derivative- Future (Strategy for today)
ORCHIDCEHM (232.6)	Must Sell At 231-235		227	225-222	Abv 240	Max Profits: Unlimited	Ready for profit booking up to 200.
ORCHID CA250 (7.05)	Sell With Future		Hedging Position			Max Loss: Rs. 5000
TATACOMM (498.15)	Sell At 498-505		490	485-481	Abv 510	Max Profits: 10000+	Weakness seen on charts for free fall.
………….. (…………)	…………….		Hedging Positions			Max Loss: Rs. 3000
Derivative- Option
….. PA ….0 (37.0)	Sell Bulk At Cmp-30		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Unlimited	Good strategy 4 this week, Spot SL 910.
……….. (14.2)	Sell With PA 880					Max Loss: Rs. 4000
Investment Pick
G……… (50…………)(53)	Buy Bulk At 45-Cmp		75	100-125	Bel 40	V. Low risk & super duper gain in 6-12 month

Last Trade (2^nd June 2008) Performance in Online & BTST Calls: Total Profit/Loss: Rs. 25.00 Approx.

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

Hot stocks in this month (June 2008)
………… (189.05)	Must Buy C/F 175-182	200	205-210	Bel 167	Good rollover seen in Jun-Series, Trade in C/F
……….. (244.65)	Grab C/F At 232-240	260	267-274	Bel 225	Oil stock r safe bet for short term gains in C/F
…….. (134.60)	Buy C/F At Dips to 110	155	160-165	100	We expect the stock to touch 150 levels too.
………… (160.0)	Buy C/F 150-155	170	174-177	145	Cement stocks r oversold, can show recovery.

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

Weekly Performance Report (26^th -30^th May 08) http://nse-bse.blogspot.com/2008/05/weekly-perf-report-online-calls-btst_30.html

Monthly Report (May): http://nse-bse.blogspot.com/2008/05/monthly-perf-report-online-calls-btst.html