Weekly News Letter- Dated 3rd - 7th November 2008--Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/

~~OM~~

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

Weekly News Letter— Dated 3^rd – 7^th November 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: 9788.06 (1086.99) Resis – 10000, 10500, 11000, 11300 Supports – 9400, 9000, 8700, 8200

NIFTY: Weekly Close: 2885.60 (301.60) Resis – 3000, 3200, 3350, 3430, 3500 Supports – 2650, 2500, 2400, 2250, 2100

Mkt may show further relief rally which can halt at Nifty 3200-3350 levels. Book profits here or start creating shorts with Stop loss 3500 for Tgt 2500 very soon. Hot Sectors for the week: Bank.

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

LAST WEEK PROFITS: LIC HOUS 7.7%; ADLABS 25%; RENUKA -Fut. Rs. 25000.00; NIFTY -Fut. Rs. 15000.00; SBIN (Opt) Rs. 14520.00

TRADER’S PICK THIS WEEK: MTNL, SUZLON, PENINLAND, PUNJ, SBI, BOI, ADLABS, STAR, TATA CHEM, GTL, PETRONET etc.

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

Scripts	Trading Levels	Tgt1	Tgt2	SL	Remarks
Cash/ Future Stocks for This Week
LIC HOUS (195.55)	Must Buy At 187-193	203	206-210	Bel 182	Just grab in bulk for super-duper gain in C/Fut
ADLABS FILM (163.60)	Buy C/Fut. At 155-160	169.5	172-175	152	Highly oversold on charts, can create fireworks.
.Derivative- Future (Strategy for the week)
RENUKA (50.60)	Must Buy At 49--50	53	54—55	47.5	Max Profits: Rs. Unlimited	All sugar stocks can bounce now
RENUKA CA 65 (1.80)	Sell When u Buy Fut.	Hedging Positions			Max Loss: Rs. 5000
NIFTY (2881.90)	Sell At 3050—3150	2750	2680-10	Abv 3250	Max Profits: Rs. 20000+	Selling pressure will b seen at rise.
NIFTY CE 3000 (169.0)	Buy When U Sell Fut.	Hedging Positions			Max Loss: Rs. 5000
Derivative- Option
SBIN PA 1200 (165.00)	Must buy at gap down	Options Trading strategy with Bearish Sentiment in the stock			Max Profits: Unlimited	Good strategy for trader this month
SBIN CA 1320 (47.50)	Sell 2lots with PA1200				Max Loss: Rs. 7000

Weekly News Letter (Dated 3^rd November 2008 – 7^th November 2008) Performance Report: Approx Profit / Loss: Rs. 75820.00

SCRIPT	REC PRICE	TGT	PROFIT/ LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
LIC HOUS	Buy At 195	210	15	850	Profit Rs. 12750.00
ADLABS FILM	Buy At 162	200	38	225	Profit Rs. 8550.00
RENUKA Nov(Fut./OPT)	Buy At 50 / 0	55 / 0	5	5000	Profit Rs. 25000.00
NIFTY Nov(Fut./Opt)	Sell At 3150/180	2870/ 200	280 + 20= 300	50	Profit Rs. 15000.00
SBIN (Option Strategy)	Buy-Sell 60/100	90 / 60	30 + (40*2) = 110	132	Profit Rs. 14520.00

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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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