Daily News Letter Dated 24th 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 24^th February 2010

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

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

Yahoo / GTalk / Msn Messenger: ibnservicesdelhi or ibncommodity

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: 4870.05 (13.65) Resis – 5000, 5080, 5150, 5350, 5400 Supports – 4700, 4650, 4550, 4480, 4340

SENSEX: Last Close: 16286.32 (49.27) 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.

Today is crucial day for the mkt & direction will be seen with rail budget. One should trade with hedge & trade light for time being to be safe & profitable. Hot Sector for Today: Infra.

BTST/ STBT in Last Trade (Cash /Fut.): ORCHIDCHEM (Buy –164; SL- No Sl; Booked Partial At 167 Same Day)

SESAGOA (Buy –375; SL- 372; Tgt1- 381; Tgt2- 384; Tgt3- 387)

Hot in Street:  Sunpharma, Dlf, Ranbaxy, Icicibank, Ster, Siemens, Idea, Wipro, Unitech, Hdfcbnk, Gail  etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
UNITECH (69.15)	Must Buy At 69—67	71	72—73+	65	Keep an eye on infra stocks for short covering.
BHARTI (279.75)	Buy C/Fut. At 279-275	284	287—290	272	Highly oversold on chart, expect rise up to 290
Derivative- Future (Strategy for today)
ICICIBANK (846.95)	Must Buy At 844-830	859	866—874	Bel 820	Max Profits: Unlimited	Operator based movement expected.
ICICIBNK PA840 (8.0)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 3500
DABUR (165.60)	Buy At 165—162	168	169.5—171	Bel 160	Max Profits: Unlimited	Good budget pick for Tgt 175-180+.
……………….. (……)	………………..	Hedging Position			Max Loss: Rs. 5400
Derivative- Option Strategy
STER PA 760 (10.20)	Must Buy At 9--7	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade long till F&O expiry for good gains.
STER CA 760 (8.00)	Buy 1 Lot with PA 760				Max Loss: Rs. 4000
Investment Pick
……….. (……….) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (23^rd February 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.40862.60 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

 

Weekly Perf Report (15^th – 19^th Feb 2010) http://nse-bse.blogspot.com/2010/02/weekly-performance-report-including-all_21.html

Monthly Perf Report Equity Calls (Jan): http://nse-bse.blogspot.com/2010/01/monthly-performance-report-intra-day.html

Monthly Performance Report-Nifty (Jan): http://nse-bse.blogspot.com/2010/01/monthly-performance-report-nifty.html

Monthly Commodity Call Report (Jan) http://nse-bse.blogspot.com/2010/01/monthly-performance-report-commodity_30.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