Daily News Letter Dated 24th September 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 24^th September 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: 13570.31 (424.65) Resis –14000, 14500, 14750, 15000 Supports – 13500, 13200, 12800, 12300

NIFTY: Last Close: 4126.90 (96.15) Resis – 4240, 4375, 4420, 4500, 4575 Supports – 4100, 4000, 3910, 3800, 3700

Sensex Range for This Week: 13150-15000 above which it will touch 15300 Below Tgt 12500; Resis at 15000 closing.

A weak opening but short covering can be seen from lower levels. Must but at dip for sharp bounce back. Nifty supp at 4050 & Resis at 4175. Hot Sector Today: Bank, Metal & Auto.

BTST/ STBT in Last Trade (Cash /Fut.): R POWER (AVG / FUT) (Buy 161.5 SL 157 Tgt1 168; Tgt2 169.5; Tgt3 171)

Hot in Street: Syndicate Bnk, Akruti, Shreecem, Orchidcem, Nationalum, Sesagoa, Ksk, Herohonda, Bpcl, Balramchin Etc.

IPO DIARY: ……………………. (App. Date: …………………….), (Offer Price: ………………) Our View: ……………………

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
REL INFRA (863.85)	Must Buy At 850-860	875		884-893	835	Buy at all dips for quick bounce back in C/Fut.
ALL BANK (64.10)	Buy C/F At 63—63.75	65		65.7-67	62	Oversold on charts, can show short covering.
Derivative- Future (Strategy for today)
GTOFFSHORE (536.2)	Must Buy At 525-532		543	548-554	519	Max Profits: Rs. 5000++	Low Risk & Good gain stock in Fut.
…………….. (………..)	………….		Hedging Position			Max Loss: Rs. 1500
BATAINDIA (145.80)	Sell At 145.5-147		143	141-139	150	Max Profits: Rs. 7500++	Some pain can be seen up to 137 level
……………. (………..)	……………..		Hedging Positions			Max Loss: Rs. 3150
Derivative- Option
…. CE 4100 (77.20)	Must Buy At 35-50		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: 5000+	Trade in bulk 4 sure -shot gains in 2 days.
….. PE 4000 (14.60)	Sell 2lot With CE4100					Max Loss: Rs. 2500
Investment Pick
……. (……….) (95.80)	Must Buy Bulk 80-90		150	170-200	70	Given earlier too & again telling to buy bulk.

Last Trade (23^rd September 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 17887.00 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 (September 2008)
INDIAN BANK (126.85)	Must Buy C/F 122-126	136	139-142	Bel 119	Tgt3 achieved on 4 Sept, booked full profits.
IDBI (83.75)	Grab C/F At 79-83	92	95-98	Bel 75	Tgt1 achvd on 8th Sep, Exit rest at cost 2 cost.
STR TECH (183.05)	Buy C/F At 177-182	197	202-205	173	Tgt1 achieved on 2 Sept, Rest Exit at every rise
……. (157.05)	Must Buy C/F 150-155	167	172-175	145	The stock maintained SL at 145 below this exit

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

Weekly Performance Report (15^thSep -19^thSep 08) http://nse-bse.blogspot.com/2008/09/weekly-perf-report-online-calls-btst_19.html

Monthly Performance Report (August): http://nse-bse.blogspot.com/2008/08/monthly-perf-report-online-calls-btst_29.html

Monthly Performance Report- BTST/ STBT (August) http://nse-bse.blogspot.com/2008/08/btst-performance-report-cashderivatives.html

Monthly Perf. Report-Nifty (August): http://nse-bse.blogspot.com/2008/08/monthly-performance-report-nifty-calls.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