Daily News Letter Dated 9th 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 9^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: 5124.00 (35.30) Resis – 5150, 5300, 5400, 5500, 5650 Supports – 4900, 4820, 4700, 4650, 4550

SENSEX: Last Close: 17102.60 (108.11) Resis – 17300, 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.

Today again the Mkt trend will be volatile with trade on both sides. Day-trader should trade & book small profits, as Mkt are not safe to go long here. Hot Sector for Today: Cement.

BTST/ STBT in Last Trade (Cash /Fut.): CENTURYTEX (Buy –520; SL- 512; Tgt1- 528; Tgt2- 533; Tgt3- 538)

Hot in Street:  Essaroil, Litl, Albk, Sterlinbio, Aban, Ambujacem, M&m, Appollotyers, Bharatforge   etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
CAIRN (270.95)	Must Buy At 270—265	275	278—281	262	Worst is over for the stock, soon Tgt 290-300+
ESSAR OIL (149.00)	Buy C/Fut. At 149-145	152	153.5—155	142	We have been long 4 Tgt 165-180 in 2-3 month
Derivative- Future (Strategy for today)
INDIACEM (126.45)	Must Buy At 126—123	130	131.5—133	Bel 120	Max Profits: Unlimited	All cement stocks look hot & fiery.
………….. (………)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 4300
SESAGOA (428.50)	Sell At 430—439	421	417—412	Abv 445	Max Profits: Unlimited	Sell on every rise, Tgt below 400 v soon
SESAGOA CA460 (5.)	Sell when you Sell Fut.	Hedging Position			Max Loss: Rs. 9000
Derivative- Option Strategy
NIFTY PE 5100 (72.35)	Must Buy At 70--50	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Keep SL 5150 closing basis & trade long.
NIFTY CE 5200 (41.80)	Sell 2 Lot with PE5100				Max Loss: Rs. 4000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (8^th March 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.45625.00 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.
……………….. (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 8 Mar book 50% here & 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 (2^nd – 5^th March 2010) http://nse-bse.blogspot.com/2010/03/weekly-performance-report-including-all.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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