Daily News Letter Dated 24th August 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 August 2009

Visit: http://www.ibnservice.com/ or http://ibnservices.blogspot.com/

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Phone: (91) 9899909899; 9968443444 (Call between 9:00AM -- 6:00PM only)

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: 15240.83 (228.51) Resis – 15600, 6000, 16500, 16800 Supports – 14700, 14500, 14000, 13500

NIFTY: Last Close: 4528.80 (75.35) Resis – 4630, 4730, 4850, 4930, 5000 Supports – 4350, 4300, 4150, 4000, 3900

Sensex Range This Week: 14700 - 16000 above which it will touch 16500 & Below Tgt 14000; Support at 14700 closing.

Nifty will face hurdle at 4610-4650 on intra-day basis, but still we expect panic selling on rise. Our stop loss for shorts is 4750 closing basis for 2 consecutive days. Hot sector Today: Bank.

BTST/ STBT in Last Trade (Cash /Fut.): JINDALSTEL Fut. (Sell – 3100; SL- 3140; Tgt1- 3025; Tgt2- 3000; Tgt3- 2975+)

AMBUJACEM Fut.  (Buy – 98; SL- 96.90; Tgt1- 100.50; Tgt2- 101.50; Tgt3- 102. & 104)

  Hot in Street: Hcltech, Ibrealestate, Yesbank, Indhotel, Tatatea, Optocircuit, Ivrclinfra, Ranbaxy, Cesc   etc.                       

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
IDEA (82.80)	Must Buy At 82.5—81	84.5	85.5—87+	Bel 79	One can hold long for Tgt 100+ in coming days
TATA STEEL (444.90)	Buy C/F At 445—438	453	457—462+	433	All metal stocks can show good upside today.
3erivative- Future (Strategy for today)
UNIONBANK (209.55)	Grab At 209—205	214	216—220	202	Max Profits: Unlimited	Stock can show jump to 220+ today
………….. (…………)	…………………..	Hedging Position			Max Loss: Rs 3150
ORCHIDCHEM (104.1)	Must Buy At 104—101	106	108—110+	99	Max Profits: Unlimited	Sleeping tiger our Tgt 125-140 v. soon.
…………………. (…….)	………………...	Hedging Position			Max Loss: Rs. 4200
Derivative- Option
RIL CA 1920 (41.00)	Must Buy At 40--30	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade the strategy for this week, till f&o exp.
RIL PA 1920 (28.60)	Buy 1 Lot with CA1920				Max Loss: Rs. 4000
Investment Pick
………… (…..) (…….)	……….	……	…………	…	………………………………………….

 

Last Trade (21^st August 2009) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 27797.00 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 (August 2009)
IFCI (51.25)	Must Buy At Dips upto 45	57	60—63+	42	Pls avoid buying at present as Mkt may fall.
NIFTY FUT (4640.30)	Must Sell At 4720-4800	4500	4420-4350	4900	Booked 50% profits around 4400 levels.
RCOM (275.75)	Buy Cash/Fut. 275—263	298	307—320+	Bel 250	Pls exit at 260-263 as Mkt looks weak now.
ICSA (168.40) (Revised)	Grab Cash/Fut. 167—160	200	207—215+	Bel 150	Pls exit at cost to cost as Mkt looks weak now.

 

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

Weekly Perf Report (17^th – 21^st Aug 09): http://nse-bse.blogspot.com/2009/08/weekly-performance-report-online-intra_21.html

Monthly Performance Report- OLC (July): http://nse-bse.blogspot.com/2009/07/monthly-performance-report-online-calls.html

Monthly Perf Report- BTST/ STBT (July): http://nse-bse.blogspot.com/2009/07/monthly-performance-report-btst-stbt.html

Monthly Performance Report-Nifty (July): http://nse-bse.blogspot.com/2009/07/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://ibnservices.blogspot.com/ Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/ Call: (91) 9899909899 OR 9968443444 Subscription: Click Here..