Daily News Letter Dated 2nd July 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 2^nd July 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: 12904.09 (557.51) Resis – 14100, 14650, 15000, 15500 Supports – 12750, 12300, 12000, 11750

NIFTY: Last Close: 3896.75 (143.80) Resis – 4240, 4400, 500, 4650, 4800 Supports – 3840, 3730, 3600, 3500, 3400

Sensex Range for This Week: 13500-16150 above which it will touch 16800 Below Tgt 12300; Resis at 15750 closing.

Mkt is in oversold zone can take a U-turn anytime, Pls avoid short selling at least for few days. Nifty support at 3700 & Resis at 4240. Hot Sector Today: Metals, Bank & Telecom.

BTST/ STBT in Last Trade (Cash /Fut.): ORCHID FUT (BUY 216 SL 128 TGT 133.3 & 134.8)

Hot in Street: Cairn, Tulip, Bajajhldng, Cmc, Shreecem, Ekc, Cesc, Kesoram, Albk, Star, Pateleng, Rpl, Gtl etc

Board Meetings Today: UTTAM SUGAR MILLS LIMITED, AKRUTI CITY LIMITED, Etc.

IPO DIARY: Birla Cotsyn (India) Limited (App. Date: 30^th Jun — 4^th Jul), (Offer Price: 15 -- 18) Our View: Avoid.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
RNRL (58.70)	Buy C/F At 53-56	60		61-62	Bel 50	Oversold on charts, expect recovery in C/Fut.
SUZLON (196.00)	Must Buy C/F187-194	200		203-207	180	Technical bounce back expected to 210 levels.
Derivative- Future (Strategy for today)
BHEL (1346.40)	Must Sell 1345-1370		1322	1310-00	Abv 1400	Max Profits: Unlimited	More weakness will b seen, go short.
BHEL CA 1410 (56.00)	Sell With Fut.		Hedging Position			Max Loss: Rs. 2500
CAIRN (256.75)	Sell At 256-262		252	250-246	Abv 270	Max Profits: Unlimited	Overbought, profit booking will b seen
CAIRN CA 270 (12.35)	Sell With Fut		Hedging Positions			Max Loss: Rs. 8000+
Derivative- Option
…….. CA 410 (24.50)	Must Buy At 15-20		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: 10000++	Stock will show sharp move In 7-10 Days.
…….. CA 460 (10.10)	Sell 2lots With CA410					Max Loss: Rs. 6000
Investment Pick
………. (………) (……….)	Must Buy At ……..		………	……..	Bel ……	…………………..

Last Trade (1^st July 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 1775.00 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 (July 2008)
…… (139.45)	Must Buy C/F 130-137	150	155-159	Bel 125	Good stock for this month, can recover v. fast.
..……. (286.75)	Grab C/F At 275-285	295	300-307	Bel 267	Trader can go long in this stock 4 Tgt 320-350.
……. (143.85)	Buy C/F At 135-142	153	157-160	132	Oversold on charts, can do 175++ levels too.
……. (37.20)	Must Buy C/F 34-37	41.5	44-47+	32	Highly oversold on chart, Buy C/F and go long

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

Weekly Performance Report (23^rd -27^th June 08) http://nse-bse.blogspot.com/2008/06/weekly-perf-report-online-calls-btst_27.html

Monthly Performance 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