Daily News Letter Dated 6th 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 6^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: 15769.72 (254.93) Resis – 15800, 16150, 16850, 17000 Supports – 15300, 15000, 14700, 14000

NIFTY: Last Close: 4676.95 (91.35) Resis – 4700, 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.

A relief rally but don’t get trapped, rather exit your long positions. Nifty Resis at 4800 & Supp at 4500, but breaking of previous low soon is visible. Hot Sector Today: IT Stocks.

BTST/ STBT in Last Trade (Cash /Fut.): NIFTY (SELL 4665 SL 4680 TGT 4625) AMBUJA (BUY 85 SL 84 TGT 88)

Hot in Street: Ongc, Niitltd, Gail, Suntv, Sunpharma, Tatapower, Divis, Ifci, Cromp, Infosys, Gmrinfra, Star etc

Board Meetings Today: HINDOILEXP, PENINLAND, DIVISLAB, DHANBNK, KARURVYSYA BNK, BERGER PAINTS 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)
DIVISLAB (1525.10)	Must Buy Abv 1500	1549		1563-78	Bel 1485	Good for day-trader, But Trade with strict SL
CAIRN (263.95)	Grab C/F At Opening	268		270-273	255	Ready 2 catch fire today, Just buy C/F in open
Derivative- Future (Strategy for today)
HINDOILEXP (132.05)	Must Buy At 130-132		135	137-139	Bel 127	Max Profits: Unlimited	Result today sees sharp movements.
HINDOIL CA150 (1.75)	Sell When u Buy Fut.		Hedging Position			Max Loss: Rs. 4000
INDIACEM (165.50)	Buy At 163-165.5		169.5	171-173	Bel 160	Max Profits: Unlimited	Cement stk r over sold expect recovry
………….. (…………)	…………….		Hedging Positions			Max Loss: Rs. 2100
Derivative- Option
……….. PE …… (147.4)	Buy Bulk At 120-100		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Rs. 10000+	Keep Nifty SL 4900 & hold for 1 week.
……….. CE ……. (80.50)	Sell 2lot With PE4700					Max Loss: Rs. 5000
Investment Pick
……….. (………..) (81.2)	Buy Bulk At 75-80		110	125-145	Bel 70	Just buy in bulk for 6-12 months, can do 200.

Last Trade (5^th June 2008) Performance in OLC/ S. Shot, Nifty & BTST Calls: Total Profit/Loss: Rs.50963.00 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