Weekly News Letter- Dated 29th September – 3rd 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)

Weekly News Letter— Dated 29^th September – 3^rd October 2008

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Advice: Book profits in weekly at gain of 3-10% in stock (Cash/Fut.) & don’t take risk with your money.

SENSEX: Weekly Close: 13102.18 (940.14) Resis – 13500, 13800, 14000, 14500 Supports – 12800, 12300, 12000, 11500

NIFTY: Weekly Close: 3985.25 (260.00) Resis – 4100, 4240, 4350, 4425, 4500 Supports – 3910, 3800, 3720, 3600, 3500

Mkt has turned negative with all round selling. Nifty is bullish only abv 4500, so sell at rise for new low soon. Street buzz is heard for panic selling in coming days. Hot Sectors for the week: Metals.

Sensex Range for This Week: 12500-14000 above which it will touch 14500 Below Tgt 12000; Support at 12500 closing.

LAST WEEK PROFITS: MOSERBAER 7.5 %; PRAJ IND 10%; IFCI -Fut. Rs. 12805, GTOFFSH -Fut. Rs. 2500; NIFTY (Opt) Rs. 10000

TRADER’S PICK THIS WEEK: CAIRN, TATA STEEL, ZEE, ITC, CIPLA, MTNL, NTPC, REC, JSW STEEL, RCOM, RPL, SBI, BOI etc.

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

Scripts	Trading Levels	Tgt1	Tgt2	SL	Remarks
Cash/ Future Stocks for This Week
MOSER BAER (114.15)	Must Buy At 110-113	118	120-123	Bel 107	Stock has bullish chart patter abv 100 in C/Fut.
PRAJ IND (129.00)	Sell Fut. At 130-134	125	121-117	140	Stock is heading to 110-105 levels v. soon in C/F
Derivative- Future (Strategy for the week)
IFCI (37.35)	Must Sell At 38-40	36	35-34	Abv 42	Max Profits: Unlimited	The stock can show free fall.
IFCI CA 40 (2.45)	Buy When U sell Fut.	Hedging Positions			Max Loss: Rs. 2500
GTOFFSHORE (536.40)	Buy At Dip 510-520	550	557-564	Bel 500	Max Profits: Unlimited	Keep an eye for trade at dips.
………………… (…….)	………………...	Hedging Positions			Max Loss: Rs. 2500
Derivative- Option
NIFTY PE 4100 (130.75)	Must Buy At 100-125	Options Trading strategy with Very High Bullish Sentiment.			Max Profits: Rs. 10000+++	Mkt is oversold can bounce a bit.
NIFTY CE 4300 (62.10)	Sell 2lot with PE 3900				Max Loss: Rs. 4000

Weekly News Letter (Dated 29^th September 2008 – 3^rd October 2008) Performance Report: Approx Profit / Loss: Rs. 41205.00

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
MOSER BAER	Buy At 110	118	8	825	Profit Rs. 6600.00
PRAJ IND	Sell At 130	117	13	1100	Profit Rs. 14300.00
IFCI (Fut./Opt)	Sell At 37.5/ 2.5	32 / 1.5	5.5 + 1 = 6.5	1970	Profit Rs. 12805.00
GTOFFSHORE (Fut.)	Buy At 510	500	-10	250	Loss Rs. 2500.00
NIFTY (Option Strategy)	Buy-Sell 225/55	375 / 30	150+ (25*2) = 200	50	Profit Rs. 10000.00

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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://stock.ibnservice. com/ Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/ Call: (91) 9899-90-9899; 9968-443-444