Daily News Letter-Dated 6th November 2008--Visit: http://stock.ibnservice.com/ or http://ibnservices.blogspot.com/

~~OM~~

India Stock (A Unit of IBN Services, New Delhi)

Daily News Letter—Dated 6^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: 10120.01 (511.11) Resis – 11000, 11300, 11750, 12000 Supports – 10000, 9700, 9400, 9000

NIFTY: Last Close: 2994.95 (147.15) Resis – 3200, 3350, 3430, 3500, 3650 Supports – 2950, 2850, 2650, 2500, 2400

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

Our prediction & calculations once again proved right and we turned back to bears from 3200-3350 zone. Now soon we can see Nifty 2500-2200 levels. Hot Sector 4 Today: Pharma.

BTST/ STBT in Last Trade (Cash /Fut.): RCOM Fut (Sell 232.9; SL 241; Tgt1 Achieved Same Day Today; Tgt2-222,Tgt3- 219)

Hot in Street: Hcc, Orchidchem, Pateleng, Ivrcl, Sunpharma, Litl, Uniphos, Suzlon, Purva, Aban, Nagcons, Peninland Etc.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today
ORCHIDCHEM (124.5)	Grab C/F At 118-122	127		129-131	115	Oversold on chart, further recovery can b seen
ICICIBANK (451.65)	Sell C/F At 450-460	436		430-425	467	Expect profit booking up to 400 in 5-7 days.
Derivative- Future (Strategy for today)
EDUCOMP (2579.00)	Must Sell 2575-2620		2500	2450-10	2670	Max Profits: Unlimited	The stock can fall to 2000 in 7-10 day.
………….. (………)	………………		Hedging Position			Max Loss: Rs. 3750
MCDOWELL (837.35)	Sell At 837—850		820	810-800	870	Max Profits: Unlimited	Further downside can be seen to 750.
………………… (……..)	……………..		Hedging Positions			Max Loss: Rs. 2500
Derivative- Option
…. PE 3000 (198.4)	Must Buy At 2.75-3.4		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: Rs. 20000+	Nifty again heading for 2500 and below.
…. CE3200 (97.80)	Sell 2 Lot With PE					Max Loss: Rs. 5000
Investment Pick
………… (…….)(……….)	……………..		………	………	……….	………………………….

Last Trade (5^th Nov 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 24423.00 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)
SAIL (85.25)	Must Buy C/F At 77-83	92	95-98	Bel 74	Bangs Tgt at 102 next Tgt 105 soon.
IDBI (58.35)	Grab in Bulk At 53—57	63	67—70	50	Bangs Tgt3 on 5th Nov, hold for more up to 75.
GNFC (59.40)	Buy C/F At 52—57	65	68—72	48	Almost bang Tgt1 on 4th Nov, hold 4 upper Tgt
…… (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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