Daily News Letter Dated 30th 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 30^th March 2010

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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: 5302.85 (20.85) Resis – 5350, 5400, 5500, 5650, 5725 Supports – 5050, 4900, 4820, 4700, 4650

SENSEX: Last Close: 17711.35 (66.59) Resis – 18000, 18150, 18300, 18500 Supports – 17150, 16800, 16550, 16300

Sensex Range This Week: 17100 - 18000 above which it will touch 18300 & Below Tgt 16500; Resis at 18000 closing.

Bull’s party continues on but hurdle of 5350 remain on closing basis. We will turn bullish further only if Nifty closes above 5350 for 2 consecutive days.  Hot Sector for Today: Telecom.

BTST/ STBT in Last Trade (Cash /Fut.): ESSAROIL (Buy –142; SL- No Sl; Tgt1- 146; Tgt2- 147.50; Tgt3- 149)

SUZLON (Buy –72.85; SL- No Sl; Tgt1- 74; Tgt2- 74.90; Tgt3- 76)

Hot in Street:  Lichsgfin, Hoteleela, Syndbnk, Tatatea, Andhrabnk, Bpcl, Renuka, Hindpetro, Nagarcons  etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
BHARTI (310.90)	Must Buy At 310—305	317	320—323	300	Crucial day for the stock, keep SL & trade.
IOB (91.90)	Buy C/Fut. At 91.9—90	94	95—96+	88.50	Keep an eye, expected blast toward 98-100+.
Derivative- Future (Strategy for today)
BALRAMCHIN (94.20)	Must Buy At Opening	96	97—98	90	Max Profits: Unlimited	All sugar stocks will show recovery today
BALRAM PA90 (2.70)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs. 5000
GTLINFRA (41.75)	Buy At 41.75—41	42.50	43—43.50	Bel 40	Max Profits: Unlimited	News based buying can emerge, go long.
……………. (……..)	…………………	Hedging Position			Max Loss: Rs. 4850
Derivative- Option Strategy
IFCI CA 52.50 (1.55)	Must Buy At 1.5—1.2	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold for 1 week for good gains.
IFCI PA 50 (1.40)	Buy 1 Lot with CA 52.5				Max Loss: Rs. 10000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (29^th March 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.23034.00 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.
BANKNIFTY (9130.00)	Sell At Rise 9150—9200	8700	8600-8500	9300	SL hit on 25th March, made an exit.
AMBUJA CEM (106.90)	Accumulate At 105—102	113	115—118	100	Booked max profits around 120, hold 4 more.
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 (22^nd – 26^th Mar 2010) http://nse-bse.blogspot.com/2010/03/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

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