Daily News Letter Dated 19th March 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 19^th March 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) 011-47479747; 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: 5245.90 (14.00) Resis – 5250, 5300, 5400, 5500, 5650 Supports – 4900, 4820, 4700, 4650, 4550

SENSEX: Last Close: 17519.26 (29.18) Resis – 17600, 17700, 18000, 18300 Supports – 16450, 16200, 15700, 15500

Sensex Range This Week: 16200 - 18000 above which it will touch 18500 & Below Tgt 15500; Resis at 17300 closing.

We are waiting for big hurdle at 5300 which is very near, if we close above this then surely the street will go long for new high very soon, be cautious below. Hot Sector for Today: Sugars.

BTST/ STBT in Last Trade (Cash /Fut.): JPASSOCIATE (Buy –152; SL- 149; Tgt1- 154.50; Tgt2- 156; Tgt3- 157.50)

Hot in Street:  Idea, Sail, Relcomm, Hindalco, Infosys, Icicibnk, Cairn, Axisbnk, Tatasteel, Dlf, Acc  etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
RENUKA (76.05)	Must Buy At 76—74	77.5	78.25—79	72.5	One can go long in sugar stocks till F&O exp.
UNIPHOS (155.20)	Buy C/Fut. At 155-152	158	159.5—161	150	All fertilizer stocks are looking for quick rise.
Derivative- Future (Strategy for today)
YESBANK (251.25)	Must Buy At 251—245	255.5	258—260	Bel 242	Max Profits: Unlimited	Good for day trader for Tgt 260—265+.
…………… (……..)	……………..	Hedging Position			Max Loss: Rs. 6600
DCHL (166.00)	Buy At 166—163	169	170.5—172	Bel 161	Max Profits: Unlimited	Sleeping tiger, can show short covering.
………. (……)	……………	Hedging Position			Max Loss: Rs. 3600
Derivative- Option Strategy
SesaGoa PA 430 (5.25)	Must Buy At 5—3.5	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold for 1 week for good gains.
SesaGoa CA450 (2.85)	Sell 2 Lots with CA 430				Max Loss: Rs. 6000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (18^th March 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.14316.80 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 (March 2010)
ESSAR OIL (131.40)	Must Buy At 130—124	143	147—150	120	All Tgt hit on 8th Mar book 50% here & hold.
…………….. (9130.00)	Sell At Rise 9150—9200	8700	8600-8500	9300	Add more on rise to 9150-9200 revise SL 9300.
AMBUJA CEM (106.90)	Accumulate At 105—102	113	115—118	100	Tgt2 hit on 10 Mar book 75% & hold long.
IDBI (118.95)	Buy At Dips up to 112	127	132—135	109	Tgt1 hit on 8 Mar book part here & hold long.

 

Weekly Perf Report (8th – 12^th March 2010) http://nse-bse.blogspot.com/2010/03/weekly-performance-report-including-all_13.html

Monthly Perf Report Equity Calls (Feb): http://nse-bse.blogspot.com/2010/02/monthly-performance-report-intra-day.html

Monthly Performance Report-Nifty (Feb): http://nse-bse.blogspot.com/2010/02/monthly-performance-report-nifty.html

Monthly Commodity Call Report (Feb) http://nse-bse.blogspot.com/2010/02/monthly-performance-report-commodity.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