Daily News Letter Dated 30th 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 30^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: 5254.15 (38.70) Resis – 5400, 5450, 5530, 5600, 5750 Supports – 5200, 5050, 4900, 4820, 4700

SENSEX: Last Close: 17503.47 (123.39) 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.

Today it will be breather day for bulls, Nifty can rise & show 5300-5330 levels but we advice to sell on rise until close above 5400 for 2 consecutive days.  Hot Sector for Today: Banking.

BTST/ STBT in Last Trade (Cash /Fut.): ICICIBANK (Buy –936; SL- No Sl; Booked Partial At 945 Same Day)

BIOCON (Buy –304; SL- No Sl; Booked Partial At 306 Same Day)

Hot in Street:   Yesbnk, Gtoffshore, Andhrabnk, Denabnk, Lichsgfin, Ifci, Jswsteel, brfl, Unitech etc.

Result Today:   Vijyabnk, Titan, Ndtv, Sintex, Ifci, Hcc, Gvkpil, Abirlanuvo, Techm, Abb, Idbi, Indiacem, Moserbaer, Ucobnk, Relcapital, Albk etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
ORCHIDCHEM (156.5)	Must Buy At Opening	159	160.5—162	152	One can buy in bulk for non-stop Tgt 175-180.
HDIL (266.05)	Buy C/Fut. 266--263	271	273.5—276	260	Infra stocks are showing recovery, keep an eye
Derivative- Future (Strategy for today)
TATAMOTORS (842.6)	Must Buy At 840-825	855	862—870	Bel 815	Max Profits: Rs. 25000	Good for day trader, keep hedge in trade.
TATAMOT PA820 (21)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 8500
CENTURYTEX (532.8)	Grab At 531—523	540	545—550	Bel 518	Max Profits: Unlimited	We can see good buying in 2nd half.
………. (…………)	…………………	Hedging Position			Max Loss: Rs 4300
Derivative- Option Strategy
RPOWER CA170 (4.40)	Must Buy At 4.40—3	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold 5-7 days for super-duper gains.
RPOWER CA150 (1.65)	Sell 2 Lot with CA 170				Max Loss: Rs. 4000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (29^th April 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 76557.00 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	Book maximum profit around 61 on 29th April.
RPOWER (149.50)	Must Buy At 149—144	160	165—170	140	Booked 75% at 164 on 29th April, Hold 4 more.
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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