Daily News Letter Dated 8th 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 8^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: 11695.24 (106.46) Resis – 12000, 12300, 12750, 13150 Supports – 11500, 11200, 11000, 10650

NIFTY: Last Close: 3606.60 (4.25) 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.

We are not in safe zone any bounce should be used to exit positions. Nifty can come to 3200-3000 level very soon minor hurdle at 3500 for further decline. Hot Sector for Today: Metal.

BTST/ STBT in Last Trade (Cash /Fut.): SAIL FUT (Buy 113; SL 111; Tgt1-116.5; Tgt2-118; Tgt3 119.5)

Hot in Street: Litl, Nationalum, Gtl, Divislab, Zeel, Ranbaxy, Rpower, Aloktext, Sail, TataComm, Bhel, SKumars, Idbi Etc.

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

Result Today: Biopac Incor, Indiabulls Real Estate, Sanghi Poly.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
RANBAXY (256.00)	Must Buy At 245-252	260		263-265	240	Something cooking in the counter, keep an eye
KS OILS (50.40)	Sell C/F At 51-52	49		48.5-48	53	Keep selling as the stock can slide to 40 levels.
Derivative- Future (Strategy for today)
ACC (581.40)	Must Sell At 580-587		572	567-561	595	Max Profits: Unlimited	Stock will show 525 level in coming day
ACC CA 600 (35.0)	Sell When u Sell Fut.		Hedging Position			Max Loss: Rs. 2000
NATIONALUM (357.8)	Sell At 355-360		350	346-343	365	Max Profits: Rs. 10000+	Just keep selling for Tgt 330-310.
………… (……….)	…………….		Hedging Positions			Max Loss: Rs. 3000
Derivative- Option
……. PA 1350 (54.45)	Must Buy At 35-50		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Rs. 6000++	Stock can fall to 1200 levels in coming days
…… CA 1500 (34.70)	Sell 2lot With PA1350					Max Loss: Rs. 2500
Investment Pick
…….. (……….) (…………)	…………..		…..	…..	………	…………………………………..

Last Trade (7^th October 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 52058.00 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 (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