Daily News Letter Dated 31st 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 31^st 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: 5262.45 (40.40) Resis – 5350, 5400, 5500, 5650, 5725 Supports – 5050, 4900, 4820, 4700, 4650

SENSEX: Last Close: 17590.17 (121.18) 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.

Finally the bulls got tired & bears had upper hand, as we had cautioned for a great hurdle at 5350 closing basis. We can correct toward 5200-5150 today.  Hot Sector for Today: Banking.

BTST/ STBT in Last Trade (Cash /Fut.): TATAMOTORS (Buy –738; SL- No Sl; Tgt1- 749; Tgt2- 755; Tgt3- 762)

Hot in Street:  Bankindia, Nationallum, indianbnk, Ptc, Dlf, Chennpetro, Nagarconst, Tatatea, Gvkpil   etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
ANDHRA BNK (105.4)	Must Buy At 105—103	107	108—109	102	Keep an eye today can rise toward 110 in C/F.
MTNL (73.75)	Buy C/Fut. At 73.5—72	75	76—77	70	Good among telecom sector can go long Tgt 90
Derivative- Future (Strategy for today)
PUNJLLOYD (177.15)	Must Buy At 177—173	180	182—184	Bel 170	Max Profits: Unlimited	Highly oversold on charts, watch out.
PUNJ PA 170 (4.55)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 4500
ABAN (1164.00)	Buy At 1160—1140	1182	1191-1200	Bel 1130	Max Profits: Unlimited	News based buying can emerge, go long.
ABAN CA 1250 (20.85)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
Derivative- Option Strategy
DLF CA 320 (8.50)	Must Buy At 8--6	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold for 1 week for good gains.
DLF CA 340 (3.70)	Sell 2 Lots with CA 320				Max Loss: Rs. 5000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (29^th March 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.23446.00 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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