Daily News Letter Dated 29th January 2010---Gain from us. Visit: http://www.ibnservices.com/ OR http://nse-bse.blogspot.com/ OR http://mcx-ncdex.blogspot.com/

~~OM~~

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

Daily News Letter—Dated 29^th January 2010

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Performance: http://nse-bse.blogspot.com or http://mcx-ncdex.blogspot.com/

Advice: Book profits in Day-trade at gain of 1.5--3% in stock (Cash/Fut.) & don’t take risk with your money.

 

NIFTY: Last Close: 4867.25 (14.15) Resis – 5080, 5150, 5350, 5400, 5500 Supports – 4940, 4900, 4750, 4550, 4400

SENSEX: Last Close: 16306.87 (17.05) Resis – 17050, 17300, 18000, 18150 Supports – 16500, 16350, 15800, 15300

Sensex Range This Week: 16200 - 17300 above which it will touch 17700 & Below Tgt 15800; Supp at 16500 closing.

Mkt will show some more downside today & all eyes will be on RBI meeting today for rate announcement. Short term traders should buy at every dip. Hot Sector for Today: Banks.

BTST/ STBT in Last Trade (Cash /Fut.): STER (Sell–779; SL- No SL; Booked 75% At 753 Same Day)

RANBAXY (Buy–450; SL- 445; Tgt1- 459.50; Tgt2- 464; Tgt3- 469)

Hot in Street:  Orientalbnk, Crompgreave, Bank baroda, Techm, Bharatforge, Pantaloonr, Suntv, Sintex  etc.

Result Today:  Chennpetro, Ashley, Nhpc, Relmed, Gtl, Alok, Balramchin, Beml, Bhusansel, Relinf, Relpowr, Tatachem, Mosebaer, Tatamotors, Orchid, Mtnl, Ntpc, Tatacomm, Educomp, Rnrl, Abirla, Icsa, Titan etc.

IPO:  Name: Vascon Engg., Price Band: 165-185, Date: 27-29 Jan 2010, Our View: Subscribe for Short Term. 

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
OPTO CIRCUI (225.80)	Must Sell At 226—230	221	219—216	233	Any time profit booking can be seen 210-200.
ORCHIDCHEM (156.1)	Buy C/Fut. 154—150	159	161—163	147	Result today, expected to be better, keep SL.
Derivative- Future (Strategy for today)
SYNDIBANK (83.35)	Must Buy At 83—81	85	86—87	Bel 79.5	Max Profits: Unlimited	Banking stocks will be on fire today.
…………….. (………)	………………….	Hedging Position			Max Loss: Rs. 5700
LT (1438.00)	Buy At 1435—1410	1455	1468-1480	Bel 1395	Max Profits: Rs. 10000	Some bounce can be seen from  dip today.
…………  (…….)	…………..	Hedging Position			Max Loss: Rs. 3000
Derivative- Option Strategy
MTNL CA 80 (2.40)	Must Buy At 2.30—2.0	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Good strategy for 1-2 week for good gains.
MTNL PA 70 (2.0)	Buy 1 Lot with CA 80				Max Loss: Rs. 6000
Investment Pick
Tutis Tech (532311)(19.1)	Buy in Bulk At 19—17	25	27—29+	Bel 15	One can buy bulk for 3-6 month for good gains

 

Last Trade (28^th January 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.11297.5Approx.

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 for this month (January 2010)
INDIACEM (123.35)	Must Buy At 120—115	134	140—145	Bel 110	Tgt1 hit & further Tgt toward 140-150 soon.
ESSAROIL (139.75)	Buy Bulk At 138—133	152	157—164	Bel 128	Tgt2 hit & further blast toward 170-180 soon.
ISPAT IND (21.95)	Grab At 21.5—20.50	24.5	26—27+	Bel 19.5	Booked partial profits at 23 & revised SL at 21
SESA GOA (410.65)	Sell At Rise up to 430	380	370—360	442	Booked 75% profit at 350, Next Tgt 330-320.

 

Weekly Perf Report (18^th – 22^nd Jan 2010) http://nse-bse.blogspot.com/2010/01/weekly-performance-report-including-all_23.html

Monthly Perf Report OLC/BTST (Dec): http://nse-bse.blogspot.com/2009/12/monthly-performance-report-intra-day_31.html

Monthly Performance Report-Nifty (Dec): http://nse-bse.blogspot.com/2009/12/monthly-performance-report-nifty_31.html

Commodity Calls Perf Report (Dec) http://nse-bse.blogspot.com/2010/01/monthly-performance-report-commodity.html

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