Daily News Letter Dated 5th 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 5^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: 15514.79 (447.77) Resis – 15800, 16150, 16850, 17000 Supports – 15300, 15000, 14700, 14000

NIFTY: Last Close: 4585.60 (130.30) Resis – 4650, 4800, 5000, 5050, 5240 Supports – 4500, 4450, 4400, 4300, 4200

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

As cautioned on Friday for fall this week, we can see the pain in the Mkt. Still some more pain to be seen for few more days’ then sharp recovery again. Hot Sector Today: Oil & Gas.

BTST/ STBT in Last Trade (Cash /Fut.): ITC (SELL 215 SL 220 TGT2 208.5 & 207) ITC 220 @ 4 (Hedging Positions)

Hot in Street: Ongc, Nicolas, Bhusan, Patni, Yesbnk, Titan, Dabur, Ivrprime, Purva, Amtekauto, Gtoffshore etc

Board Meetings Today: HOV SERVICES LIMITED, FORTIS HEALTHCARE LIMITED, TANLA SOLUTIONS LTD 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)
CAIRN (262.10)	Must Sell C/F 262-270	257		254-252	Abv 275	Profit booking will be seen at every rise in C/F.
SESAGOA (3568.90)	Sell C/F At Evry Rise	3500		3465-30	3750	More pain can b seen at every rise can do 3200
Derivative- Future (Strategy for today)
ORCHIDCHEM (229.6)	Must Sell At 229-235		225	222-220	Abv 240	Max Profits: Unlimited	Profit booking will emerge at evry rise
ORCHID CA250 (7.10)	Sell With Future		Hedging Position			Max Loss: Rs. 5000
SKUMARS (99.95)	Sell At 99.9-103		97	96-95	Abv 105	Max Profits: Unlimited	Free fall can be seen till 90 levels.
………….. (…………)	…………….		Hedging Positions			Max Loss: Rs. 3800
Derivative- Option
ONGC CA 880 (31.80)	Buy Bulk At 20-27		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: 8000+	Only strong stock in weak Mkt, SL 850.
ONGC CA 940 (12.90)	Sell 2lots With CA880					Max Loss: Rs. 2000
Investment Pick
…………. (……) (….)	Buy Bulk At 14-16.5		30	40-60	Bel 12	Good investment pick for long term investors.

Last Trade (4^th June 2008) Performance in OLC/ S. Shot, Nifty & BTST Calls: Total Profit/Loss: Rs.29250.00 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
…………. (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.
…………. (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 (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

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