Daily News Letter Dated 1st August 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 1^st August 2008

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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: 14355.75 (68.54) Resis – 14500, 14750, 15000, 15300 Supports – 14000, 13500, 13150, 12800

NIFTY: Last Close: 4332.95 (19.40) Resis – 4375, 4430, 4500, 4575, 4650 Supports – 4200, 4110, 4050, 4000, 3910

Sensex Range for This Week: 13500-15300 above which it will touch 15800 Below Tgt 13000; Resis at 15300 closing.

We will see a negative opening but buying at later stage which will show recovery. Nifty will find support around 4200-4000 levels & Resis at 4550. Hot Sector for Today: Pharma & Infra.

BTST/ STBT in Last Trade (Cash /Fut.): BHARAT FORGE (Buy 257 SL 250 Tgt1 Achieved Same Day, Next Tgt 264.5+)

Hot in Street: Bh. Forge, Purva, GMR Infra, Siemens, Uniphos, Rolta, Colpal, Peninsula, Tata Power, Network etc.

IPO DIARY: Nuk Tek India Limited. (App. Date: Last Day Today), (Offer Price: 170 -- 192) Our View: Apply for Long Term.

Result Today: HCL TECH, RENUKA, GATI Etc.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
GMR INFRA (92.50)	Buy C/F At 90-92	94.5		96-97	Bel 88	Bullish trend seen in last session, Trade in C/F.
POWER GRID (94.75)	Sell C/F At 94—97	92		91-90	Abv 98.5	The stock can decline up to 87-85 levels in C/F.
Derivative- Future (Strategy for today)
REDINGTON (310.85)	Must Buy At 303-307		316	319-323	298	Max Profits: 10000++	Good OI with vol. seen can do 330+
……… (………..)	…………..		Hedging Position			Max Loss: Rs. 2500
GITANJALI (256.50)	Buy At 250-254		260	262-265	245	Max Profits: Unlimited	Very stable during all Mkt conditions.
………….. (……….)	……………...		Hedging Positions			Max Loss: Rs. 2500
Derivative- Option
RPL CA 170 (8.45)	Must Buy Aug 5—7		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Unlimited	Stock can show 190-200 mrk, go for 1 wk
RPL PA 150 (3.90)	Sell 2lot With CA 170					Max Loss: Rs. 2000
Investment Pick
RDB Ind. (526723) (122.3)	Buy Bulk At 100-120		170	200-240	90	Must buy for 1-2 Yr. can turn as multi bagger.

Last Trade (31^st July 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 15558.00 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 (August 2008)
DLF (509.30)	Must Buy C/F 475-500	545	557-575	Bel 450	Good stock among Infra sector, can do 650 too
HINDALCO (141.10)	Grab C/F At 136-140	150	154-159	Bel 132	Time has come for stock to perform in the Mkt
IDBI (74.95)	Buy C/F At 67-72	80	82-85	63	Buy at evry dip, Good news expected very soon
RANBAXY (499.10)	Must Buy C/F 470-495	540	550-565	460	All negative news will be buried & stk will fly.

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

Weekly Performance Report (21^st Jul -25^th Jul 08) http://nse-bse.blogspot.com/2008/07/weekly-perf-report-online-calls-btst_26.html

Monthly Performance Report (July): http://nse-bse.blogspot.com/2008/07/monthly-perf-report-online-calls-btst_31.html

Monthly Perf. Report-Nifty (July): http://nse-bse.blogspot.com/2008/07/monthly-performance-report-nifty-calls_31.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