Daily News Letter—Dated 1st July 2008

~~OM~~

India Stock (A Unit of IBN Services, New Delhi)

Daily News Letter—Dated 1^st 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: 13461.60 (340.62) Resis – 14100, 14650, 15000, 15500 Supports – 13000, 12750, 12300, 12000

NIFTY: Last Close: 4040.55 (96.10) Resis – 4240, 4400, 500, 4650, 4800 Supports – 3910, 3840, 3730, 3600, 3500

Sensex Range for This Week: 13500-15500 above which it will touch 16150 Below Tgt 12300; Resis at 15000 closing.

Time has come for bottom fishing as Mkt is highly oversold & expected to show sharp bounce back toward 15000+ Sensex levels in coming days. Hot Sector Today: Metal and Oil & Gas.

BTST/ STBT in Last Trade (Cash /Fut.): NIFTY (BUY 3980 SL 3950 TGT 4055-4074 & 4090)

Hot in Street: Niit Ltd, IBN, Sun Pharma, Corp Bnk, Nucleus, Ballarpur, Dr Reddy, CMC, Nalco, Hindalco etc

Board Meetings Today: CESC LTD., OMNITECH, UFLEX LTD. Etc.

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

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
MRPL (52.05)	Must Buy C/F 50-52	53		53.5-54	Bel 49	Low risk & High gain seen in stock, Buy C/F.
HINDALCO (142.10)	Buy C/F At 138-142	145		147-149	135	Move will be seen with the Mkt, Oversold now.
Derivative- Future (Strategy for today)
ORCHIDCHEM (221.9)	Must Buy 217-220		226	229-232	Bel 212	Max Profits: 10000+++	Just buy in bulk, heading to 250+
…………… (…………)	…………..		Hedging Position			Max Loss: Rs. 5250
IDFC (102.60)	Buy At 100-102		104.5	106-107	Bel 98.5	Max Profits: Unlimited	Recovery seen on cards toward 120.
IDFC PA 100 (7.30)	Sell With Fut.		Hedging Positions			Max Loss: Rs. 3000
Derivative- Option
……… CA ….. (99.95)	Must Buy At 75-100		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Unlimited	Buy in bulk & hold 4 1-2 weeks for gains.
……. PA …… (71.60)	Sell With CA 2100					Max Loss: Rs. 5000
Investment Pick
………… (………..) (44)	Must Buy At 35-40		65	80-100	Bel 30	Good steel stocks for long term investors.

Last Trade (30^th June 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 12556.25 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