Daily News Letter Dated 26th 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 26^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: 5304.10 (34.75) Resis – 5400, 5450, 5530, 5600, 5750 Supports – 5200, 5050, 4900, 4820, 4700

SENSEX: Last Close: 17694.20 (120.21) 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.

Nifty will open firm, but high volatility will be seen during second half session. Nifty will face hurdle at 5380 & support at 5250 for one side clear move.  Hot Sector for Today: Banking.

BTST/ STBT in Last Trade (Cash /Fut.): IFCI (Buy –50.50; SL- No Sl; Tgt1- 51.50; Tgt2- 52; Tgt3- 52.50)

LICHSGFIN (Buy –885; SL- No Sl; Tgt1- 899; Tgt2- 910; Tgt3- 920)

ot in Street:  Jpassociate, Orientbnk, Ucobnk, Mll, Icicibnk, Indianbnk, Tatachem, Idbi, Colpal, Fortis  etc.

Result Today:   Ster, Maruti, Ucobank, Indiabuuls, Tinplate, Nrc ltd, Gujrat ambuja exports ltd, Psl ltd  etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
IOB (99.35)	Must Buy At 99—97	101	102—103	95	Day is for banking stock, buy mid-cap banks.
RNRL (62.90)	Buy C/Fut. At 62.5--61	64.5	65.30—66	60	Highly oversold on charts, buy and hold long.
Derivative- Future (Strategy for today)
JPPOWER (75.40)	Must Buy At 75—73	76.50	77.30—78	Bel 72	Max Profits: Rs. 10000	Good scrip for day traders, keep hedge.
JPPOWER CA80 (0.45)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs. 3125
NAGARFERT (32.15)	Buy At 32—31.30	32.75	33.2—33.5	Bel 30.75	Max Profits: Unlimited	Fertilizer stocks are show momentum.
……….. (…….)	…………………	Hedging Position			Max Loss: Rs. 2700
Derivative- Option Strategy
PUNJL CA 170 (2.00)	Must Buy At 2.00—1.0	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold till F&O expiry for good gains.
PUNJL PA 160 (1.25)	Sell 2 Lot with CA 170				Max Loss: Rs. 1500
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (23^th April 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 64303.50 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)
BANKNIFTY (9482.00)	Sell At Rise 9550-9700	9200	9050-8900	9850	Booked 50% around 9250 on 19th April.
……………… (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 (19^th – 23^rd Apr 2010) http://nse-bse.blogspot.com/2010/04/weekly-performance-report-including-all_24.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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