Daily News Letter Dated 8th 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 8^th September 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: 14483.83 (415.27) Resis – 114800, 15000, 15300, 15800 Supports – 14150, 14000, 13500, 13200

NIFTY: Last Close: 4352.30 (95.45) Resis – 4420, 4500, 4575, 4650, 4700 Supports – 4240, 4200, 4110, 4050, 4000

Sensex Range for This Week: 14150-15500 above which it will touch 16000 Below Tgt 13800; Support at 14150 closing.

Gap up opening expected & further short covering can be seen throughout the day. Nifty will face hurdle at 4500 & support at 4200, go long now. Hot Sector Today: Power & Banking.

BTST/ STBT in Last Trade (Cash /Fut.): NIFTY (Sell 4370 SL 4420 Tgt1- 4340; Tgt2- 4325; Tgt3- 4305) NIFTY CE 4400 @ 120 (Hedging Position)

Hot in Street: Sbi, Boi, Hindalco, Bpcl, Gail, Maruti, KskEnergy, TataComm, Moser Baer, Wockpharma, Techm Etc.

IPO DIARY: 20 Microns Limited (App. Date: 8^th September – 11^th September), (Offer Price: 50 --55) Our View: Subscribe.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
BHEL (1731.75)	Must Buy 1720-1735	1765		1780-98	1700	The N-Deal will show the effect in the script.
IDBI (88.70)	Grab C/F 87—88.5	90.5		92-93	85	Just go long, Our final Tgt 100+ this month.
Derivative- Future (Strategy for today)
ICICIBANK (690.95)	Must Buy At 685-697		707	714-720	Bel 675	Max Profits: 5000++	Banking stocks can show good strength
ICICIBNK PA660(19.1)	Sell With Future		Hedging Position			Max Loss: Rs. 2000
MOSERBAER (112.05)	Buy At 110-112		114.5	116-118	Bel 107	Max Profits: Rs.10000+	Good OI build up seen for Tgt 120.
MOSER PA 100(2.75)	Sell With Future		Hedging Positions			Max Loss: Rs. 2500
Derivative- Option
…….. CA 175 (5.90)	Must Buy At 4—6		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Rs. 10000+	Best strategy for quick gain this wk.
…….. PA 170 (4.70)	Buy With CA 175					Max Loss: Rs. 3000
Investment Pick
…….. (……….) (91.2)	Buy in Bulk At 85-90		120	140-175	Bel 80	Buy as much as u can 2 double ur money soon

Last Trade (5^th September 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 9066.00 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.
………. (83.75)	Grab C/F At 79-83	92	95-98	Bel 75	Our favorite pick go long for Tgt 100++ soon.
STR TECH (183.05)	Buy C/F At 177-182	197	202-205	173	Tgt1 achieved on 2 Sept, Hold for more profit.
………. (157.05)	Must Buy C/F 150-155	167	172-175	145	Stock is under consolidation, +ve news soon.

Daily Performance Report (Last Trade) http://nse-bse.blogspot.com/2008/09/daily-performance-report-online-nifty_05.html

Weekly Performance Report (1^st Sep -5^th Sep 08) http://nse-bse.blogspot.com/2008/09/weekly-perf-report-online-calls-btst.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