Daily News Letter Dated 24th March 2009---Gain from us...... Visit: http://www.ibnservice.com/ OR http://nse-bse.blogspot.com/

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

Daily News Letter—Dated 24^th March 2009

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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: 9424.02 (457.34) Resis – 9700, 10000, 10300, 10500 Supports – 9000, 8700, 8500, 8100, 7850

NIFTY: Last Close: 2939.90 (132.85) Resis – 2950, 3000, 3030, 3110, 3240 Supports – 2820, 2700, 2620, 2500, 2430

Sensex Range for This Week: 8400 - 9300 above which it will touch 9700 & Below Tgt 8000; Resis at 9300 closing.

Nifty has next Resis at 3030-3050, but Mkt has turned over bought & expect sharp profit booking on today’s rise which is triggered due to global cues. Hot Sector Today: Banking.

BTST/ STBT in Last Trade (Cash /Fut.): MAHSEAMLESS Fut. (Buy- 133; SL- 130; Tgt1 – 135.5; Tgt2- 137; Tgt3- 138.50)

  Hot in Street: Indiainfo, Mrf, Dchl, Icsa, Bhusanstl, Kesoramind, Tatasteel, Ranbaxy, Riil, concor etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
SUZLON (40.55)	Must Buy C/F At 40-39	41.5	42—43++	37.5	Highly oversold, expect more upside up to 45.
YES BANK (46.25)	Grab C/F At 46—45	47.5	48—49++	44	Hidden gem, one can invest in the script too.
Derivative- Future (Strategy for today)
DLF (165.25)	Must Buy At 164—161	168.5	170—173	158.5	Max Profits: Unlimited	Stock is oversold, technical bounce exp
DLF PA 160  (3.90)	Buy when u Buy Fut.	Hedging Position			Max Loss: Rs. 6000
STAR (75.05)	Buy At 75—73.5	76.5	77.5—79	72	Max Profits: Unlimited	One can go long now for Tgt 90-100 soon.
…………………(……)	…………..	Hedging Positions			Max Loss: Rs. 5100
Derivative- Option
NIFTY PE3000 (77.15)	Buy Bulk At 45—60	Options Trading strategy At Very High Risk - High Gain.			Max Profits: Unlimited	We expect F&O exp to be around 2900 mark.
NIFTY CE2900 (63.30)	Sell 2 lots with PE3000				Max Loss: Unlimited
Investment Pick
………… (…..) (…….)	……….	……	…………	…	…………………………..

 

Last Trade (23^rd March 2009) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.215104.00 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 Picks in this month (March 2009)
CAIRN (167.05)	Must Buy C/F 165-157	180	187—195	Bel 150	Booked 50% profits at 187 on 23rd March.
NIFTY (2735.50)	Sell in Bulk 2770-2875	2550	2470-2400	2950	Booked partial profits in Nifty Fut. at 2525.
RENUKA (79.50)	Sell Cash/Fut. At 80—83	73	70—67	87	Booked 50% profits on 12th March at 73 levels.
IVRCLINFRA (108.90)	Must Buy At 100-105	120	125—132	93	Book Max profits at rise to 125 & Full at 130.

 

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

Weekly Perf Report (16^th – 20^th March 09) http://nse-bse.blogspot.com/2009/03/weekly-performance-report-online-calls_20.html

Performance Report (February): http://nse-bse.blogspot.com/2009/03/monthly-performance-report-online-calls.html

Monthly Performance Report- BTST/ STBT (February) http://nse-bse.blogspot.com/2009/03/monthly-performance-report-btst-stbt.html

Monthly Perf. Report-Nifty (February): http://nse-bse.blogspot.com/2009/03/monthly-performance-report-nifty-calls.html

For Online Calls join me in Yahoo Messenger: ibnservicesdelhi OR ibnservice OR nse_bse4gain

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