Daily News Letter Dated 7th 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 7^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: 11801.70 (724.62) Resis – 12000, 12300, 12750, 13150 Supports – 11500, 11200, 11000, 10650

NIFTY: Last Close: 3602.35 (215.95) Resis – 3800, 3910, 4000, 4100, 4240 Supports – 3500, 3400, 3310, 3250, 3200

Sensex Range for This Week: 11500-13500 above which it will touch 14000 Below Tgt 11000; Support at 12300 closing.

Nifty will find bottom at 3500 from where expect a decent bounce back. If it closes below 3500 then 3200-3000 is coming, relief for time being visible. Hot Sector for Today: Power & Oil.

BTST/ STBT in Last Trade (Cash /Fut.): NIFTY FUT (Buy 3630; SL 3600; Tgt1-3700; Tgt2-3740)

Hot in Street: Fsl, Bpcl, TataComm, Star, J&K Bank, Auropharma, Pnb, TVs Motor, Moser Baer, Hindpetro, Tatatea Etc.

IPO DIARY: Alkali Metals Ltd. (App. Date: 7^th–10^th Oct), (Offer Price: Rs.90-105) Our View: Subs for Long.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
TATA COMM (458.20)	Must Buy At 450-457	465		469-474	444	The stock will fire up today in C/F, must trade.
NTPC (168.70)	Buy C/F At 165-168	172		174-176	163	Very strong in last session, must keep a watch.
Derivative- Future (Strategy for today)
HINDPETRO (242.10)	Must Buy At 238-242		247	249-252	235	Max Profits: Unlimited	Falling crude price will give strength.
…………… (……….)	……………..		Hedging Position			Max Loss: Rs. 3900
JSWSTEEL (349.40)	Buy At 345-348		355	358-362	339	Max Profits: Rs. 5000+	Highly oversold on chart, exp bounce.
………… (……….)	…………….		Hedging Positions			Max Loss: Rs. 2100
Derivative- Option
…….. CE 3700 (134.1)	Must Buy At 80-95		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Rs. 10000+	Mkt is oversold can come up to 4000.
…… CE 4000 (43.90)	Sell 2lot With CE3700					Max Loss: Rs. 2500
Investment Pick
………Coke(………) (50)	Buy At Dip 42-48		70	90-100	37	The stock is v. good for long term Tgt 200++.

Last Trade (6^th October 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. -4643.00 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)- Revised on 7th Oct
……… (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 (29^th Sep -3^rd Oct 08) http://nse-bse.blogspot.com/2008/09/weekly-perf-report-online-calls-btst_19.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