Daily News Letter Dated 17th 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 17^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: 10581.49 (227.63) Resis – 11300, 11750, 12000, 12300 Supports – 10300, 10000, 9700, 9400

NIFTY: Last Close: 3269.30 (69.10) 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.

Again a day of roller coaster ride, panic will be seen at rise. Sensex held psychological mark of 10000 & bounced but still selling will b seen at every recovery. Hot Sector 4 Today: Banking.

BTST/ STBT in Last Trade (Cash /Fut.): SUZLON FUT (Buy 94; SL 92; Tgt1 98; Tgt2 99; Tgt3 100; Tgt4 102)

Hot in Street: ChambalFert, Dcb, Gtoffshore, Strtech, Aban, Hdil, Rcom, Ptc, Unitech, Tulip, Niittech, DenaBnk, Triveni Etc.

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

Result Today: HDFC, INDIA INFO, SATYAM COMP, TATA COFFEF, SUPPETRO, VSTIND, SBT, RBL, TATA ELXSI.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
DCB (30.50)	Must Buy At 29--30.5	31.5		32-33	28	All banking stocks will b on good up move.
TATA CHEM (166.95)	Buy C/F At 162-167	170		172-174	160	Fertilizer stocks r looking good, Keep an eye.
Derivative- Future (Strategy for today)
ABAN (1087.65)	Must Buy 1030-1065		1100	1115-30	1020	Max Profits: Unlimited	Highly oversold, can bounce to 1200.
……………… (………)	…………….		Hedging Position			Max Loss: Rs. 1000
BALRAMCHIN (55.60)	Buy At 54—55.5		57	57.5-58	53.5	Max Profits: Rs. 8000++	Stock can again touch 60 V. soon.
………… (………..)	Sell When u Sell Fut.		Hedging Positions			Max Loss: Rs. 2800
Derivative- Option
…… CA 65 (6.00)	Must Buy At 4—6		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Rs. 5000++	Oversold on chart, low risk & high gain.
….. CA 80 (0.95)	Sell 2 lots with CA 65					Max Loss: Rs. 2500
Investment Pick
…….. (……….) (…………)	…………..		…..	…..	………	…………………………………..

Last Trade (16^th October 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 32399.00 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