Weekly News Letter- Dated 16th June - 20th 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)

Weekly News Letter— Dated 16^th June – 20^th June 2008

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Advice: Book profits in weekly at gain of 4-10% in stock (Cash/Fut.) & don’t take risk with your money.

SENSEX: Weekly Close: 15189.62 (382.56) Resis – 16150, 16400, 17000, 17750 Supports – 14700, 14000, 13500, 13000

NIFTY: Weekly Close: 4517.10 (110.70) Resis – 4650, 4800, 4910, 5050, 5120 Supports – 4440, 4250, 4140, 4000, 3910

Mkt will show nervousness but expected recovery toward 15800+ levels this week. Nifty has v. good support at 4400 as written earlier & Resis at 4650-4800. Hot Sectors for this week: Bank & Pharma.

Sensex Range for This Week: 14000-16150 above which it will touch 16800 Below Tgt 12300; Resis at 16150 closing.

LAST WEEK PROFITS: CHAMBAL 3.1%; RPOWER 6%; TATASTL -Fut. Rs. 27313, AUROPHARMA-Fut. Rs. 14000, ICICIBK (Opt) Rs. 12250

TRADER’S PICK THIS WEEK: SASKEN, RPL, I-FLEX, RANBAXY, AUROPHARMA, RPL, MAHLIFE, ICICI BNK, IDEA, NAGFERT etc

IPO DIARY: Archidply Industries Limited (App. Date: 11^th---17^th June), (Offer Price: Rs. 70--80) Our View: Apply at Low.

Lotus Eyes Care Hospital Limited (App. Date: 12^th—17^th June), (Offer Price: Rs. 38--42) Our View: Subs for Long Term.

First Winner Industries Limited (App. Date: 9^th—17^th June), (Offer Price: Rs. 115--125) Our View: Avoid

Board Meetings This Week: ZEEL, SKUMARS, TATA COMM, IRB, BPCL, WWIL, RAJESHEXPO, PNB, AUROPHARMA, POWER GRID, INDIA HOTEL, HOTEL LEELA, HINDALCO, PARSVNATH etc

Scripts	Trading Levels	Tgt1	Tgt2	SL	Remarks
Cash/ Future Stocks for This Week
CHAMBAL (91.15)	Must Buy C/F 91-88	94	95-96.5	Bel 85	Bullish breakout on charts for Tgt 94-98 soon.
RPOWER (187.50)	Buy C/F At 180-185	193.5	196-199	Bel 175	Highly oversold, expect sharp bounce back.
Derivative- Future (Strategy for the week)
TATASTEEL (842.40)	Sell At 840-855	820	810-802	Abv 875	Max Profits: Rs. Unlimited	Weak on charts for fall to 800.
TATASTL CA880 (12.9)	Sell With Fut.	Hedging Positions			Max Loss: Rs. 7000
AUROPHARMA (330.2)	Must Buy At 315-330	342	347-350	Bel 310	Max Profits: Rs. 14000+++	Ready for huge up side this week.
……………….. (………)	…………	Hedging Positions			Max Loss: Rs. 3500
Derivative- Option
ICICIBNK CA760(28.1)	Buy Bulk At 20-27	Options Trading strategy with Range Bound Sentiment.			Max Profits: 7500+++	V.Good strategy 4 traders this week.
ICICIBNK CA820(8.90)	Sell2Lot With CA 760				Max Loss: Rs. 3500

Weekly News Letter (Dated 16^th June 2008 – 20^th June 2008) Performance Report: Approx Profit: Rs. 69413.00

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
CHAMBAL	Buy At 91	94	3	3450	Profit Rs. 10350.00
RPOWER	Buy At 185	196	11	500	Profit Rs. 5500.00
TATASTEEL(Fut.)CA/880	Sell At 855/ 18	800/ 1.5	55+16.5=71.5	382	Profit Rs. 27313.00
AURO PHARMA Fut	Buy At 330	350	20	700	Profit Rs. 14000.00
ICICIBNK(Option\Strategy)	Buy-Sell 30 / 22	60 / 2	30 + (20*2) = 70	175	Profit Rs. 12250.00

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