Daily News Letter-Dated 29th 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 29^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: 9008.08 (498.52) Resis – 9700, 10000, 10500, 11000 Supports – 8200, 8000, 7650, 7300, 7000

NIFTY: Last Close: 2684.80 (160.40) Resis – 2800, 3000, 3200, 3350, 3500 Supports – 2500, 2400, 2250, 2100, 2000

Sensex Range for This Week: 8100 -10500 above which it will touch 11000 Below Tgt 7650; Resis at 10000 closing.

Mkt has given a sudden U-turn after Monday as written earlier. Now book 50% today & rest book on Friday. Nifty Resis at 3000 & supp at 2350 closing basis. Hot Sector 4 Today: Power.

BTST/ STBT in Last Trade (Cash /Fut.): NIFTY FUT (Buy 2325; SL 2300; Tgt All Achieved In Same Day Today)

Hot in Street: Unitech, Nagcons, Gtoffshore, Punj, Hindoil, Hcc, ChambalFert, Ofss, Ndtv, Utvsof, Omaxe, Bhartiartl Etc

Result Today: BEML, M&M, KSK, DIVISLAB, CAIRN, MATRIX, LABS, EVERONN KARUR VYSYA BANK LTD, SGFL TREADS.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today
ICICI BANK (335.40)	Buy C/Fut. At320-335	342		345-349	315	Oversold on chart, any time non-stop to 375+
NTPC (132.60)	Grab C/F At 127-132	135		137-139	125	Quick recovery up to 140-145 levels can b seen
Derivative- Future (Strategy for today)
LITL (98.85)	Must Buy At 95—98.5		101	102-103	90	Max Profits: Rs. 5000++	The stock can show shrt covring to 110
…………. (………)	……………..		Hedging Position			Max Loss: Rs. 2200
JSWSTEEL (220.95)	Grab At 216-220		226	228-230	210	Max Profits: Rs. 5000+	Good stock among metal for bounce.
……………… (……….)	………………		Hedging Positions			Max Loss: Rs. 1500
Derivative- Option
….-Nov CA 20 (2.75)	Buy Nov At 2—2.75		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Rs. 10000+	Good strategy to trade for 1 week.
….-Nov PA 15 (1.75)	Sell 2 Nov With CA20					Max Loss: Rs. 3000
Investment Pick
………… (…….)(……….)	……………..		………	………	……….	………………………….

Last Trade (27^th & 28^th Oct 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 52000.00 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 (20^th Oct -24^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/

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