Daily News Letter-Dated 4th November 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 4^th November 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: 10337.68 (549.62) Resis – 10500, 11000, 11300, 11750 Supports – 9700, 9400, 9000, 8700, 8200

NIFTY: Last Close: 3043.85 (158.25) Resis – 3100, 3200, 3350, 3430, 3500 Supports – 2850, 2650, 2500, 2400, 2250

Sensex Range for This Week: 9400-11000 above which it will touch 11300 Below Tgt 8700; Resis at 10000 closing.

As written the relief rally continued which has Resis at 3200-3350 & one can go short at these levels with stop loss 3500 on closing basis, soon new low. Hot Sector 4 Today: Power & Steel.

BTST/ STBT in Last Trade (Cash /Fut.): HINDALCO Fut (Sell 63.5; SL 65; Tgt1 62.2) IDBI Fut (Buy 62; SL 60.5; Tgt1 63.5)

Hot in Street: Orbitcorp, Riil, Mic, Jet airways, Rnrl, Finantech, Ivrcl, Hcc, Pfc, Mrpl, Rajeshexpo, Jpassociat, Idea Etc.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today
ADLABS FILM (184.9)	Buy C/F At 180-184	188		190-192	177	Stock is oversold & expected rise up to 200-215
NIIT LTD (34.10)	Grab C/F At 33—34	35		35.5-36	32	Expect good bounce up to 40 levels soon in C/F
Derivative- Future (Strategy for today)
PARSVNATH (45.40)	Must Buy At 45.5—44		47—48	49--50	42	Max Profits: Rs. 5000+	Stock will fly high to 50-55 levels.
………….. (………)	………………		Hedging Position			Max Loss: Rs. 1400
CESC (207.90)	Grab At 207.5—204		211.5	214-217	200	Max Profits: Unlimited	RBI rate cut can show some effect.
………………… (……..)	……………..		Hedging Positions			Max Loss: Rs. 2200
Derivative- Option
…… CA 60 (6.45)	Must Buy At 25—40		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Rs. 7000++	Now Stock can jump up to 72-75 levels .
….. CA 75 (1.10)	Sell 2 Lot With CA60					Max Loss: Rs. 2500
Investment Pick
………… (…….)(……….)	……………..		………	………	……….	………………………….

Last Trade (3^rd Nov 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 27663.00 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 (November 2008)
……… (85.25)	Must Buy C/F At 77-83	92	95-98	Bel 74	Stock is oversold on chart, expect good bounce.
…… (58.35)	Grab in Bulk At 53—57	63	67—70	50	The FDI limit hike in Ins. will benefit the stock
……. (59.40)	Buy C/F At 52—57	65	68—72	48	Expect some recovery with the Mkt, Keep SL.
…….. (487.05)	Must Sell At 495—520	425	410-400	532	Stock is over bought in current mkt, Tgt 300.

Daily Performance Report (Last Trade) http://nse-bse.blogspot.com/

Weekly Performance Report (27^th -31^st Oct 08) http://nse-bse.blogspot.com/2008/10/weekly-perf-report-online-calls-btst_31.html

Monthly Performance Report (October): http://nse-bse.blogspot.com/2008/10/monthly-perf-report-online-calls-btst.html

Monthly Performance Report- BTST/ STBT (October) http://nse-bse.blogspot.com/2008/10/btst-performance-report-cashderivatives.html

Monthly Perf. Report-Nifty (October): http://nse-bse.blogspot.com/2008/10/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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