Daily News Letter Dated 16th December 2009---Gain from us. Visit: http://www.ibnservices.com/ OR http://nse-bse.blogspot.com/ OR http://twitter.com/ibnservices

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

Daily News Letter—Dated 16^th December 2009

Web: http://www.ibnservices.com or http://www.ibnservice.com/

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Performance: http://nse-bse.blogspot.com or http://ibnservices.blogspot.com/

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Phone: (91) 9899909899; 9968443444

Advice: Book profits in Day-trade at gain of 2-3% in stock (Cash/Fut.) & don’t take risk with your money.

NIFTY: Last Close: 5033.05 (72.65) Resis – 5180, 5230, 5350, 5500, 5650 Supports – 4900, 4750, 4550, 4400, 4200

SENSEX: Last Close: 16877.16 (220.39) Resis – 17300, 17500, 18000, 18500 Supports – 16500, 16000, 15300, 14750

Sensex Range This Week: 16000 - 17500 above which it will touch 18000 & Below Tgt 16500; Resis at 17300 closing.

Nifty will find crucial support at 5000-4940 levels & a bounce back expected from lower end. Buy at dips today for decent gains in coming days. Hot Sectors for Today: Sugar & Pharma.

BTST/ STBT in Last Trade (Cash /Fut.): ABAN (Sell– 1200; SL- No Sl; Booked 50% At 1183 Same Day)

PATNI (Buy– 462; SL- No Sl; Tgt1- 474; Tgt2-478; Tgt3- 484 & 487)

 Hot in Street: Renuka, Orchidchem, Gtoffshore, Ansianpaints, Gtlinfra, Drready, Gtl, Cipla, Ofss   etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
TATA STEEL (545.90)	Must Sell At 547—555	537	352—527	563	Profit booking can be seen in C/Fut., keep SL.
ORCHIDCHEM (220.7)	Buy C/Fut. 220—215	225	227—229	212	The stock has given breakout for Tgt 240-250.
Derivative- Future (Strategy for today)
LICHSGFIN (788.30)	Sell At 790—803	775	768—760	Abv 810	Max Profits: Unlimited	Sell on rise for good gain with the fall.
LICHSG CA 860 (8.00)	Sell when you sell Fut.	Hedging Position			Max Loss: Rs. 3000
GTLINFRA (38.05)	Grab At 38—37.5	38.70	39.1—39.5	Bel 37	Max Profits: Rs. 7500	One of our favorite pick with low risk.
……….. (……….)	……………..	Hedging Position			Max Loss: Rs. 2425
Derivative- Option
SBIN PA 2160 (52.0)	Must Buy At 50--40	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Go along with the strategy till F&O exp.
SBIN CA 2250 (37.50)	Buy 1 Lot with PA2160				Max Loss: Rs. 50000
Investment Pick
Essar Shipping(500630)(69)	Buy in Bulk At 69—67	75	77—79	65	One can buy bulk for 2-4 weeks for good gains.

 

Last Trade (15^th December 2009) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 18632.00 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 (December 2009)
SUZLON (78.45)	Must Buy At 78—75	84	87—90+	Bel 72	Tgt1 hit on 3rd Dec & booked partial, revise SL
IFCI (53.35) (Changed)	Must Buy At 53—50	58	60—63+	Bel 47.5	Booked partial profits at 57, rest hold for more
SAIL (197.25)	Sell Fut. At 198—204	180	173—165	210	SL hit and made an exit on 6th Dec 2009.
KFA (52.45)	Buy Bulk At 52—49	57	59—62+	47	Tgt2 hit on 3rd Dec & booked partial, Next 70.

 

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

Weekly Perf Report (7^th – 11^th Dec 09) http://nse-bse.blogspot.com/2009/12/weekly-performance-report-online-intra_11.html

Monthly Perf Report OLC/BTST (Nov): http://nse-bse.blogspot.com/2009/12/monthly-performance-report-intra-day.html

Monthly Performance Report-Nifty (Nov): http://nse-bse.blogspot.com/2009/12/monthly-performance-report-nifty.html

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://ibnservices.blogspot.com/ OR http://www.ibnservices.in/ Call: (91) 9899909899

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