Tuesday, February 23, 2010

Daily News Letter Dated 23rd February 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 23rd February 2010

E-Mail: info@ibnservice.com or ibnservices@gmail.com/

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Phone: (91) 011-46242299; 9899909899; 9311353399; 9968443444

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: 4856.40 (11.50) Resis – 5000, 5080, 5150, 5350, 5400 Supports – 4700, 4650, 4550, 4480, 4340

SENSEX: Last Close: 16237.05 (45.42) Resis – 16750, 17050, 17300, 18000 Supports – 15700, 15500, 15200, 15000

Sensex Range This Week: 15500 - 17000 above which it will touch 17300 & Below Tgt 15000; Resis at 16800 closing.

Nothing cheerful will be seen, as we have budget, F&O expiry & economic survey in one line. Intra-day trader to trade light until we pass on these events. Hot Sector For Today: Steel.

BTST/ STBT in Last Trade (Cash /Fut.): STER (Buy –745; SL- 734; Tgt1- 757; Tgt2- 764; Tgt3- 770)

Hot in Street:  Hindalco, Tatasteel, Herohonda, Hindunlvr, Infosystech, Axisbnk, Bpcl, Tatapower   etc.

 

SCRIPTS   (CMP)

ENTRY LEVEL

TGT1

TGT 2

SL

REMARKS

Hot Today

NEYVELI (153.50)

Must Buy At 153—150

155.5

157—158.5

148

One of the best budget pick, expect quick rise.

MARUTI (1381.65)

Buy C/Fut. 1375—1350

1400

1413-1425

1340

Some news based rise can be seen up to 1500.

Derivative- Future (Strategy for today)

UNITECH (68.30)

Must Sell At 68.5—70

67

66.3--65.5

Abv 71

Max Profits: Unlimited

We expect free fall toward 63—61 level.

UNITECH CA 70 (0.90)

Buy when you sell Fut.

Hedging Position

  Max Loss: Rs. 4000

BIOCON (265.20)

Grab At 265—260

270

272.5—275

Bel 257

Max Profits: Unlimited

Short covering can be seen, Tgt 280+.

……………….. (……)

………………..

Hedging Position

 Max Loss: Rs. 5400

Derivative- Option Strategy

SBIN CA 1920 (17.50)

Must Buy At 16—12

Options Trading strategy At Very Low Risk - High Gain.

Max Profits: Unlimited

Trade long till F&O expiry for good gains.

SBIN PA 1920 (21.15)

Buy 1 Lot with CA1920

Max Loss: Rs. 3000

Investment Pick

……….. (……….) (………)

………….

…….

……….

……

……………………………….

 

Last Trade (22nd February 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.33904.20 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 for this month (February 2010)

…………………. (19.65)

Must Buy At 19.5—19

21.5

22.5—24

18

Stk is sleeping tiger, one can buy in truck load.

UNITECH (74.40)

Grab C/Fut. At 73—68

81

85—88

Bel 65

Made an exit at cost to cost, as stock is weak.

RNRL (64.15)

Accumulate At 63—60

69

72—75

58

Stock has ultimately given swift rise toward 69

ESSAR OIL (137.20)

Buy in Bulk At 135—130

149

157—165

125

Book some profit around 137-140,  SL 130 now

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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