Daily News Letter Dated 29th April 2010---Gain from us. Visit: http://www.ibnservice.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 29^th April 2010

E-Mail: info@ibnservice.com or ibnservices@gmail.com/

Web: http://www.ibnservice.com/ or http://ibnservices.blogspot.com/

Yahoo / GTalk / Msn Messenger: ibnservicesdelhi or ibncommodity

Phone: (91) 011-47479747; 9899909899; 9311353399; 9968443444

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: 5215.45 (92.90) Resis – 5400, 5450, 5530, 5600, 5750 Supports – 5200, 5050, 4900, 4820, 4700

SENSEX: Last Close: 17380.08 (310.54) Resis – 18100, 18300, 18500, 18750 Supports – 17350, 16800, 16550, 16300

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

Mkt can show rebound today but volatility can be seen in first half. Nifty has support at 5180-5150 & Resis at 5250 for clear trend after expiry, avoid long.  Hot Sector for Today: Banking.

BTST/ STBT in Last Trade (Cash /Fut.): RPOWER (Buy –158; SL- No Sl; Tgt1- 161; Tgt2- 162.50; Tgt3- 164)

BANK NIFTY (Sell –9640; SL- No Sl; Booked Partial At  9615 Same Day)

Hot in Street:   Rnrl, Dabur, Bnkbaroda, Bajajauto, Pfc, Abb, Lupin, Pirhealth, Asianpaints, Sbin etc.

Result Today:   Ultratechcements, Rnrl, Gtlinfra, Ibrealest, Siemens, Oreintalbnk, Andhrabnk, Ashokley, Cesc,  Relinfra, Ucobank, Zeel, Nelco, Uniphos, Patni, Bioconn, Fsl, Iob  etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
TRIVENI (111.70)	Must Buy At 111—109	113.5	115—116.5	107	We can see short covering in all sugar stocks.
IDBI (119.45)	Buy C/Fut. 119—116	122	123.5—125	114	One can make long position with SL 110 must.
Derivative- Future (Strategy for today)
FSL (29.75)	Must Buy At 29.7-29.2	30.50	30.8—31.2	Bel 28.80	Max Profits: Rs. 15000	Keep an eye can show quick move.
…………. (……….)	………………..	Hedging Position			Max Loss: Rs. 4000
SINTEX (325.00)	Buy At 325—320	331	334—337	Bel 317	Max Profits: Unlimited	Result mania can show upside today.
………. (…………)	…………………	Hedging Position			Max Loss: Rs 4200
Derivative- Option Strategy
IFCI-May CA 50 (1.70)	Must Buy At 1.70—1.3	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold 3-5 days for super-duper gains.
IFCI-May CA 55 (0.65)	Sell 1 Lot with CA 50				Max Loss: Rs. 10000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (28^th April 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 16983.00 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	Booked 50%  profits around 62.5 on 28th April.
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

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