Daily News Letter Dated 12th April 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 12^th April 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: 5361.75 (57.30) Resis – 5400, 5450, 5530, 5600, 5750 Supports – 5200, 5050, 4900, 4820, 4700

SENSEX: Last Close: 17933.14 (218.74) Resis – 18100, 18300, 18500, 18750 Supports – 17400, 16800, 16550, 16300

Sensex Range This Week: 17300 - 18300 above which it will touch 18500 & Below Tgt 17000; Resis at 18000 closing.

Mkt is finding tough to close above 18000 mark, above which all street will talk of new all time high. We advise to stay mostly in cash for next 3 months.  Hot Sector for Today: Oil.

BTST/ STBT in Last Trade (Cash /Fut.): CHENNAI PETRO (Buy –288; SL- No; Tgt1- 294; Tgt2- 296; Tgt3- 298)

Hot in Street:   Petronet, Mrpl, Gspl, dabur, Hdfc, Tatamotor, Lichsgfin, Tatatea, Cesc, Ivrcl, Rolta etc.

Result Today:   Steel Strips Wheel Ltd, Geojit Bnp Paribas, Rana Sugars, Nitin Fire, Gati Ltd etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
KFA (51.25)	Must Buy At 53—52	54.50	55—55.50	51.50	One can go long, ready to fly toward 60-65+.
ABAN (1252.00)	Buy C/Fut. 1250—1230	1272	1284-1295	1220	Keep an eye, expected quick move with Mkt.
Derivative- Future (Strategy for today)
NEYVELILIG (153.45)	Must Buy At 153—151	156	157.5—159	Bel 149	Max Profits: Rs. 10000	Sleeping tiger, keep watch in short term.
…………… (……..)	…………….	Hedging Position			Max Loss: Rs. 2950
BALRAMCHIN (89.15)	Buy At 89—87.5	91.50	92.5—94	Bel 86	Max Profits: Rs. 12000	Sugar stocks are oversold on charts.
…………. (………..)	……………….	Hedging Position			Max Loss: Rs. 3600
Derivative- Option Strategy
UNITECH CA 75 (3.00)	Must Buy At 3—2.50	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold till F&O expiry for good return.
UNITECH PA 75 (1.75)	Buy 1 Lot with CA 75				Max Loss: Rs. 8000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (9^th April 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 85376.50 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 (April 2010)
………………… (9482.00)	Sell At Rise 9550-9700	9200	9050-8900	9850	Overbought on chart, free fall expected soon.
……………… (65.50)	Must Sell Fut. At Rise	60	58—56	70	Sell call initiated at 67.50 & add more on rise.
RPOWER (149.50)	Must Buy At 149—144	160	165—170	140	Tgt1 achieved on 6 April booked partial profit.
MTNL (73.20)	Accumulate At 72.5—70	80	83—85+	68	Booked small profit around 78 levels, Hold.

 

Weekly Perf Report (5^th – 9^th Apr 2010) http://nse-bse.blogspot.com/2010/04/weekly-performance-report-including-all_09.html

Monthly Perf Report Equity Calls (Mar):  http://nse-bse.blogspot.com/2010/03/monthly-performance-report-including.html

Monthly Performance Report-Nifty (March): http://nse-bse.blogspot.com/2010/03/monthly-performance-report-nifty.html

Monthly Commodity Call Report (March) http://nse-bse.blogspot.com/2010/04/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