Daily News Letter Dated 16th October 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 16^th October 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: 10809.12 (674.28) Resis – 11300, 11750, 12000, 12300 Supports – 10300, 10000, 9700, 9400

NIFTY: Last Close: 3338.40 (180.25) Resis – 3400, 3500, 3620, 3750, 3910 Supports – 3200, 3000, 2910, 2800, 2700

Sensex Range for This Week: 9000-12000 above which it will touch 12500 Below Tgt 8500; Support at 10000 closing.

Much awaited bears strike can be seen and we can break below 10000 marks today. Next support lies at 8800—6500 in Sensex, which is quite possible. Hot Sector 4 Today: Oil & Gas.

BTST/ STBT in Last Trade (Cash /Fut.): NATIONALUM FUT (Sell 331; SL 338; Tgt1 325; Tgt2 322; Tgt3 319)

Hot in Street: Asian paint, Havells, PrajInd, Indiacem, Ioc, Mphasis, Gtl, Bajajhldng, Indiainfo, Vijyabk, Gail, Dabur Etc.

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

Result Today: GTL, MPHASIS, HDFC BANK, INDUS BANK, PENINLAND, NIITTECH, , SASKEN, MALCO, ETC, RALLIS

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
BOB (305.20)	Must Sell At 303-309	297		294-291	314	Profit booking can emerge any time in the stk.
SAIL (104.20)	Sell C/F At 104-107	102		100-98	110	Stock is weak on chart & below 100 can do 85.
Derivative- Future (Strategy for today)
NTPC (167.95)	Must Sell At 167-170		164	162-160	173	Max Profits: Unlimited	Keep SL & trade for free fall to 150.
NTPC CA 180 (2.75)	Sell When u Sell Fut.		Hedging Position			Max Loss: Rs. 5000
ESSAROIL (96.75)	Sell At 96—100		94	93-91	102	Max Profits: Rs. 8000++	Stock can again touch 60 V. soon.
………… (………..)	Sell When u Sell Fut.		Hedging Positions			Max Loss: Rs. 2800
Derivative- Option
………… (……………..)	Must Buy At …….		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Rs. ………	………………….
…………….. (………)	Sell 2 lots with …..					Max Loss: Rs. ………
Investment Pick
…….. (……….) (…………)	…………..		…..	…..	………	…………………………………..

Last Trade (15^th October 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 50543.00 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 (October 2008)
…… (101.10)	Must Buy C/F 97—100	110	115-120	Bel 93	Sharp bounce can be seen, final Tgt 125++.
….. (62.75)	Grab C/F At 60-62	70	73-75	57	Stock is at its bottom good for long traders.
…… (97.70)	Buy C/F At 93—97	105	108-110	90	Highly oversold in the street, any time bounce.
….. (300.05)	Must Buy C/F 290-300	330	339-350	282	Again buy now for quick bounce up to 350+.

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

Weekly Performance Report (6^th Oct -10^th Oct 08) http://nse-bse.blogspot.com/2008/10/weekly-perf-report-online-calls-btst.html

Monthly Performance Report (September): http://nse-bse.blogspot.com/2008/09/monthly-perf-report-online-calls-btst.html

Monthly Performance Report- BTST/ STBT (September) http://nse-bse.blogspot.com/2008/09/btst-performance-report-cashderivatives.html

Monthly Perf. Report-Nifty (September): http://nse-bse.blogspot.com/2008/09/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