Weekly News Letter— Dated 1st September– 5th September 2008

~~OM~~

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

Weekly News Letter— Dated 1^st September– 5^th September 2008

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Advice: Book profits in weekly at gain of 4-10% in stock (Cash/Fut.) & don’t take risk with your money.

SENSEX: Weekly Close: 14564.53 (163.04) Resis – 15000, 15300, 15800, 16000 Supports – 14150, 14000, 13500, 13200

NIFTY: Weekly Close: 4360.00 (32.55) Resis – 4500, 4575, 4650, 4700, 4800 Supports – 4240, 4200, 4110, 4050, 4000

Mkt turned stable after weak sentiment last week and heading toward 4500-4650 levels very soon abv which 4800-4910 is clear visible, Keep SL 4200 closing. Hot Sectors for the week: IT & Sugar.

Sensex Range for This Week: 14000-15300 above which it will touch 15800 Below Tgt 13500; Support at 14150 closing.

LAST WEEK PROFITS: IDBI 7 %; EDUCOMP 7 %; BHARTIARTL -Fut. Rs. -1250.00, CNXIT -Fut. Rs. 9500.00; INFOSYS (Opt) Rs. 00.00

TRADER’S PICK THIS WEEK: INFOSYS, IND BANK, BOI, IDBI, HCC, BOM DYE, TATA STEEL, HINDALCO, STR TECH, POLARIS etc.

Result Today: HINDUJAVEN, SEJALGLASS, BALLARPUR, PRITHVI, ICSA, TODAYS, GEMINI, CCL, PARAL, NSIL, NIFTYBEES Etc.

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

Scripts	Trading Levels	Tgt1	Tgt2	SL	Remarks
Cash/ Future Stocks for This Week
IDBI (83.75)	Must Buy At 80-83	87.5	89-92	Bel 78	Fastest running stock from it’s low, keep eyes.
EDUCOMP (3773.55)	Buy C/F At 3770-3720	3900	3950-90	3650	Stock is ready for quick run any time in C/F.
Derivative- Future (Strategy for the week)
BHARTIARTL (842.85)	Must Buy At 825-840	875	887-898	Bel 820	Max Profits: Rs. 15000+++	Bullish move seen in last wk.
BHARTI PA820 (21.00)	Buy With Future.	Hedging Positions			Max Loss: Rs. 2500
CNXIT (3966.05)	Grab At 3900-3950	4090	4200-50	Bel 3820	Max Profits: Unlimited	IT stocks will be on fire this week.
……….. (…………..)	………………….	Hedging Positions			Max Loss: Rs. 4000
Derivative- Option
INFOSYS CA1800 (38)	Must Buy At 30--38	Options Trading strategy with Very High Bullish Sentiment.			Max Profits: Rs. 12000++	A gain of 200-300% expected.
INFOSYS CA1740 (46)	Sell 2lot with CA 1080				Max Loss: Rs. 5000

Weekly News Letter (Dated 1^st September 2008 – 5^th September 2008) Performance Report: Approx Profit: Rs.35700/-

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
IDBI	Buy At 83	89	6	1200	Profit Rs. 7200.00
EDUCOMP	Buy At 3720	3990	270	75	Profit Rs. 20250.00
BHARTIARTL (Fut.)	Buy At 825	820	-5	250	Loss Rs. 1250.00
CNXIT (Fut.)	Buy At 3900	4090	190	50	Profit Rs. 9500.00
INFOSYS (Option Strategy)	Buy-Sell 0 / 0	0 / 0	0+ (0*0) = 0+0=0	200	Call Not Trade

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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://stock.ibnservice. com/

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