Daily News Letter Dated 2nd 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 2^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: 4922.30 (62.55) Resis – 5000, 5080, 5150, 5350, 5400 Supports – 4700, 4650, 4550, 4480, 4340

SENSEX: Last Close: 16429.55 (175.35) Resis – 16750, 17050, 17300, 18000 Supports – 15700, 15500, 15200, 15000

Sensex Range This Week: 15700 - 17300 above which it will touch 17700 & Below Tgt 15300; Resis at 16800 closing.

Mkt will move up further toward 5000-5050 mark but remain cautious at rise. We are still not out of danger, something negative smelled across the street. Hot Sector for Today: Metals.

BTST/ STBT in Last Trade (Cash /Fut.): SCI (Buy –142; SL- 140; Tgt1- 145.50; Tgt2- 147; Tgt3- 148.50)

IFCI (Sell –52.20; SL- No Sl; Booked Partial At 51.30 Same Day)

Hot in Street:  Relcapital, Tatamotors, Hindalco, Herohonda, M&m, Suzlon, Relinfra, Idfc, Maruti, Cipla etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
INFOSYS (2601.60)	Must Buy At Dips	2635	2657-2680	2540	Good for day traders, keep an eye & trade.
PRAJ IND (81.10)	Buy C/Fut. At 81—79	82.50	83.5—85+	77.5	Expect buying with Mkt trend, Buy in C/Fut.
Derivative- Future (Strategy for today)
HINDALCO (161.20)	Must Buy At 161—158	164	165.5—167	Bel 155	Max Profits: Unlimited	Short covering can be seen toward 170+.
HINDALC PA 150(3.6)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 10000
LICHSGFIN (751.90)	Buy At 750—737	765	772—779	Bel 730	Max Profits: Unlimited	We see good rise in coming days Tgt 800
…………. (……)	……………..	Hedging Position			Max Loss: Rs. 3000
Derivative- Option Strategy
IDFC CA 165 (4.20)	Must Buy At 4--3	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Buy n Hold for 1-2 week for good gains.
IDFC CA 1750 (1.65)	Sell 2 Lots with CA 165				Max Loss: Rs. 6000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (26^th February 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.140868.50 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)
……………… (131.40)	Must Buy At 130—124	143	147—150	120	The stock is our best pick for short term gain.
……………… (8731.80)	Sell At Rise 8800-8950	8500	8350-8200	9050	Sell on rise, Some news based selling expected.
……………….. (106.90)	Accumulate At 105—102	113	115—118	100	Cement has bn underperformer, but buy now.
………………. (118.95)	Buy At Dips up to 112	127	132—135	109	The budget has given good news for this stock.

 

Weekly Perf Report (22^nd – 26^th Feb 2010) http://nse-bse.blogspot.com/2010/02/weekly-performance-report-including-all_26.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