Daily News Letter-Dated 24th October 2008--Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/

~~OM~~

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

Daily News Letter—Dated 24^th October 2008

Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/

Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/

E-Mail: info@ibnservice.com or stock@ibnservice.com

Phone: (91) 9899-90-9899; 9968-443-444 (Call between 9:00AM -- 5:00PM only)

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: 9771.70 (398.20) Resis – 10500, 11000, 11300, 11650 Supports – 9700, 9400, 9000, 8800

NIFTY: Last Close: 2943.15 (122.00) Resis – 3100, 3275, 3350, 3500, 3620 Supports – 2910, 2800, 2700, 2550

Sensex Range for This Week: 8800 -11300 above which it will touch 12000 Below Tgt 8200; Resis at 10600 closing.

Mkt will open gap down & Nifty finally heading to 2800 levels as written few weeks back. Now Mkt has turned oversold on charts & bounce from Monday. Hot Sector 4 Today: Infra.

BTST/ STBT in Last Trade (Cash /Fut.): RPL FUT (Sell 95.5; SL 98; Tgt1 All Achieved In Today Can Do 85—82--80)

Hot in Street: Utvsof, Educomp, Cmc, Mcdowell, Gtoffshore, Skumars, Titan Grasim, Bhel, Ongc, Hdil, Chennpetro Etc.

Result Today: Abb, Apil, Asian paint, AmbujaCem, Bel, Bhel, Colpal, Dishtv, Finantech, Geship, Gspl, Gtoffshore, Hcc, Hindunilver, Idbi, Htmt, Itc, Jsw, Lupin, Mahlife, Maruti, Moserbaer, Mrpl, Ntpc, Ofss, Recltd, Redington, Sterlinbio, Tatasteel, Tv-18

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today
APTECH (74.65)	Buy C/F At 71—73	76		77—78	69	Highly oversold on charts, Buy C/Fut. at dips.
IOC (368.35)	Sell C/F At 368—374	362		359-355	377	The stock can fall below 350 levels in Cash/Fut
Derivative- Future (Strategy for today)
TITAN (936.90)	Must Buy At 910-925		950	960-970	900	Max Profits: Rs. 7500+	Buy at gap down opening for gains.
………….. (……..)	…………….		Hedging Position			Max Loss: Rs. 2060
PUNJLLOYD (164.45)	Sell At 165—168		161	159-157	171	Max Profits: Rs. 6000+	Further selling pressure can b seen
PUNJ CA 180 (3.00)	Buy When U Sell Fut.		Hedging Positions			Max Loss: Rs. 2000
Derivative- Option
…. CE 3000 (217.8)	Buy Nov At 140-170		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Rs. 20000+	Keep Nifty SL 2800 & trade 4 next week.
….. PE 2850 (70.70)	Sell 2 lot Oct With CE					Max Loss: Rs. 3000
Investment Pick
………… (…….)(……….)	……………..		………	………	……….	………………………….

Last Trade (23^rd October 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 66918.00 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)
UNITECH (101.10)	Must Buy C/F 97—100	110	115-120	Bel 93	Stop Loss Triggered and Exited.
IDFC (62.75)	Grab C/F At 60-62	70	73-75	57	Stop Loss Triggered and Exited.
HINDALCO (97.70)	Buy C/F At 93—97	105	108-110	90	Stop Loss Triggered and Exited.
RCOM (300.05)	Must Buy C/F 290-300	330	339-350	282	Stop Loss Triggered and Exited.

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

Weekly Performance Report (13^th Oct -17^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