Daily News Letter Dated 9th 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 9^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: 15572.18 (197.54) Resis – 16150, 16400, 17000, 17750 Supports – 15300, 14700, 14000, 13500

NIFTY: Last Close: 4627.80 (49.15) Resis – 4650, 4800, 4910, 5050, 5120 Supports – 4500, 4440, 4250, 4140, 4000

Sensex Range for This Week: 14000-16500 above which it will touch 17500 Below Tgt 12500; Support at 15300 closing.

A sharp fall will be seen in opening trade & some recovery but caution advised for next 4-5 days for new lows. Nifty can show 4400-4140 levels very soon. Hot Sector Today: IT Stocks.

BTST/ STBT in Last Trade (Cash /Fut.): BANK OF INDIA FUT (SELL 265 SL 272 TGT 260 & 257.5)

Hot in Street: Cairn, Sesagoa, Boi, Voltas, Hcc, Mphasis, Purva, Hindujaven, Cromp, Brfl, Mtnl, Ster, M&M etc

Board Meetings Today: NRB BEARING LIMITED, ARROW WEBTEX LIMITED, INOX LEISURE LIMITED, GOKEX etc.

IPO DIARY: Avon Weighing System (App. Date: 9-12 June), (Offer Price: Rs. 10) Our View: Subs for Long Term gain.

Sejal Architectural Glass Limited (App. Date: 9-12 June), (Offer Price: Rs. 105--115) Our View: Subs At Lower Band.

First Winner Industries Limited (App. Date: 9-12 June), (Offer Price: Rs. 120--130) Our View: Avoid.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
CAIRN (286.25)	MustBuy C/F 280-283	290		293-296	Bel 270	Bullish strength seen in last trade, Keep SL.
IFCI (59.60)	Sell C/F At 60-61.5	58.5		58-57.5	62.5	Selling pressure will b seen due to weak mkt.
Derivative- Future (Strategy for today)
BHARTI (802.15)	Must Sell At 800-815		790	783-775	Abv 825	Max Profits: Unlimited	Profit booking will b seen at every rise.
BHARTI CA860 (10.00)	Sell When u Sell Fut.		Hedging Position			Max Loss: Rs. 2500
NICHOLAS (361.75)	Buy At 353-357		366	369-373	Bel 350	Max Profits: Unlimited	Good OI build up seen, but keep SL.
………….. (…………)	…………….		Hedging Positions			Max Loss: Rs. 2250
Derivative- Option
…… PE 4700 (168.3)	Buy Bulk At 160-140		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Unlimited	Keep Nifty SL 4900 & hold for 1 week.
…… CE 4800 (43.20)	Sell 2lot With PE4700					Max Loss: Rs. 5000
Investment Pick
……. (……) (………)	Buy Bulk At 100-115		170	200-250	Bel 75	Good stock for one’s portfolio for long term.

Last Trade (6^th June 2008) Performance in OLC/ S. Shot, Nifty & BTST Calls: Total Profit/Loss: Rs.14538.00 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
HINDPETRO (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.
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-sure_06.html

Weekly Performance Report (2^nd -6^th June 08) http://nse-bse.blogspot.com/2008/06/weekly-perf-report-olc-s-shot-nifty.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