Daily News Letter Dated 22nd 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 22^nd March 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: 5262.80 (16.90) Resis – 5250, 5300, 5400, 5500, 5650 Supports – 4900, 4820, 4700, 4650, 4550

SENSEX: Last Close: 17578.23 (58.97) 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.

The king Reliance & group stocks are showing Nifty a new high in the Mkt, but we will be cheerful only if we manage to close above 5300-5350 levels. Hot Sector for Today: Banking.

BTST/ STBT in Last Trade (Cash /Fut.): ASHOKLEY (Buy –54; SL- 53; Tgt1- 55; Tgt2- 55.50; Tgt3- 56)

ICICIBANK (Buy – 952; SL- 940; Tgt1- 969; Tgt2- 977; Tgt3- 985)

Hot in Street:  Bhartiartl, Punbnk, Idea, Relcomm, Powergrid, Herohonda, Ambujacem, Sbi, Suzlon   etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
SUZLON (75.90)	Must Buy At 75.5—74	77	78—79	72.5	The stock can rise toward 80+ till F&O expiry.
TATASTEEL (643.65)	Buy C/Fut. At 643-630	654	660—665	625	Good scrip for day traders, go long with hedge
Derivative- Future (Strategy for today)
POWERGRID (108.30)	Must Buy At 108—106	110	111—112+	Bel 104.5	Max Profits: Unlimited	Very silent scrip among power sector.
…………. (……..)	……………..	Hedging Position			Max Loss: Rs. 2900
ROLTA (183.45)	Buy At 183—180	187	189—191	Bel 178	Max Profits: Unlimited	We expect the stock to perform & hit 190
ROLTA PA180 (1.55)	Buy when you buy Fut	Hedging Position			Max Loss: Rs. 3600
Derivative- Option Strategy
RCOM-Apr CA170(6.6)	Must Buy At 6.5—5	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold for 2-3 week for good gains.
RCOM-Apr PA160(3.5)	Sell 2 Lots with CA 170				Max Loss: Rs. 5000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (19^th March 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.38556.60 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 (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 (15th – 19^th Mar 2010) http://nse-bse.blogspot.com/2010/03/weekly-performance-report-including-all_19.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

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