Daily News Letter Dated 22nd 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 22^nd 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: 5244.90 (14.80) Resis – 5400, 5450, 5530, 5600, 5750 Supports – 5200, 5050, 4900, 4820, 4700

SENSEX: Last Close: 17472.56 (11.98) Resis – 18100, 18300, 18500, 18750 Supports – 17400, 16800, 16550, 16300

Sensex Range This Week: 17000 - 18000 above which it will touch 18300 & Below Tgt 16500; Resis at 18000 closing.

Another day of high volatility today, traders should trade light & in selected scrip. Rollover & nearing F&O expiry will show stock specific movement.  Hot Sector for Today: R-Group.

BTST/ STBT in Last Trade (Cash /Fut.): PANTALOONR (Buy –432; SL- No Sl; Booked Partial At 437 Same Day)

RANBAXY (Buy –451; SL- No Sl; Tgt1- 456; Tgt2- 459; Tgt3- 462)

Hot in Street:   Hcl tech, Godrejind, Yesbnk, Pantaloonr, Axisbnk, Optocircui, Sintex, Polaris, Rpower etc.

Result Today:   Acc, Ambujacem, Birla corporation ltd, Rallis india ltd, Gujratgas company ltd, Escorts ltd etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
CIPLA (334.55)	Must Buy At 334—328	339	342—345	325	Good 4 day traders, buy in opening bell today.
BRFL (214.35)	Buy C/Fut. At 214-210	218	220—222	208	Keep an eye, sleeping tiger ready to roar now.
Derivative- Future (Strategy for today)
YESBANK (271.10)	Must Buy At 271—265	276	278—280	Bel 262	Max Profits: Rs. 22000	Result today, Only for high risk traders.
YESBK PA 260 (2.25)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 6600
ICSA (129.20)	Grab At 129—126	132	133.5—135	Bel 124	Max Profits: Unlimited	Short covering can be seen till F&O exp.
……………. (…….)	…………...	Hedging Position			Max Loss: Rs. 3600
Derivative- Option Strategy
SBIN CA 2100 (34.55)	Must Buy At 33—25	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold till F&O expiry for good gains.
SBIN PA 2100 (31.20)	Buy 1 Lot with CA2100				Max Loss: Rs. 4000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (21^st April 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 24446.00 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 (April 2010)
BANKNIFTY (9482.00)	Sell At Rise 9550-9700	9200	9050-8900	9850	Booked 50% around 9250 on 19th April.
IDEA (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 (12^th – 16^th Apr 2010) http://nse-bse.blogspot.com/2010/04/weekly-performance-report-including-all_17.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

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