Weekly News Letter— Dated 6th – 10th 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 6^th – 10^th 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: 12526.32 (575.86) Resis – 13150, 13500, 13800, 14000 Supports – 12300, 12000, 11500, 11200

NIFTY: Weekly Close: 3818.30 (166.95) Resis – 4000, 4100, 4240, 4350, 4425 Supports – 3800, 3750, 3700, 3600, 3500

We can witness some relief rally toward 4050-4100 this week but keep selling at every rise for final Tgt 3700-3500 in Nifty. Long positions should be avoided. Hot Sectors for the week: Banking, Power.

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

LAST WEEK PROFITS: RANBAXY 12 %; RPL 12%; EDUCOMP -Fut. Rs. 41250, TVSMOTOR -Fut. Rs. -590; TATASTEL (Opt) Rs. 31324

TRADER’S PICK THIS WEEK: Banking Stocks- BOI, BOB, SBI; RANBAXY, RPL (Sell), BONGREF, UNITECH, HUL, NTPC, NEYVELI etc.

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

Scripts	Trading Levels	Tgt1	Tgt2	SL	Remarks
Cash/ Future Stocks for This Week
RANBAXY (263.85)	Must Buy At 255-260	274	278-285	Bel 248	Good news expected this week, can rise to 300+.
RPL (137.40)	Sell Fut. At 137-142	132	130-127	147	Weakness seen on charts 4 decline to 120 in C/F
.Derivative- Future (Strategy for the week)
EDUCOMP (3133.45)	Must Sell 3150-3200	3000	2950-10	Abv 3260	Max Profits: Unlimited	Free fall can b seen in the stock
……………… (…….)	………………….	Hedging Positions			Max Loss: Rs. 4500
TVSMOTOR (35.95)	Buy At 34.5—35.5	37.2	37.7-38	Bel 34	Max Profits: Unlimited	Stock can show buying interest.
TVSMOT CA40 (0.90)	Sell When u Buy Fut.	Hedging Positions			Max Loss: Rs. 2000
Derivative- Option
TATASTL PA400 (26.3)	Must Buy At 18-23	Options Trading strategy with Bearish Sentiment in the stock.			Max Profits: Rs. 10000+++	Further decline to 370 can b seen.
TATASTL CA440 (8.9)	Sell 2lots with PA 440				Max Loss: Rs. 3000

Weekly News Letter (Dated 6^th October 2008 – 10^th October 2008) Performance Report: Approx Profit / Loss: Rs. 121109.00

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
RANBAXY	Buy At 255	285	30	800	Profit Rs. 24000.00
RPL	Sell At 135	120	15	1675	Profit Rs. 25125.00
EDUCOMP (Fut.)	Sell At 3050	2500	550	75	Profit Rs. 41250.00
TVS MOTOR (Fut./Opt)	Buy At 34.5/1.1	34 / 0.8	-0.5 + 0.3 = -0.20	2950	Loss Rs. 590.00
TATASTL(OptionStrategy)	Buy-Sell 35/5	110 / 1.5	75+ (3.5*2) =82	382	Profit Rs. 31324.00

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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/

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