Daily News Letter Dated 9th 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 9^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: 5304.45 (70.20) Resis – 5400, 5500, 5650, 5725, 5850 Supports – 5150, 5050, 4900, 4820, 4700

SENSEX: Last Close: 17714.40 (255.62) Resis – 18000, 18150, 18300, 18500 Supports – 17150, 16800, 16550, 16300

Sensex Range This Week: 17100 - 18000 above which it will touch 18300 & Below Tgt 16500; Resis at 18000 closing.

Mkt will open flat to +ve but later session will again show profit booking. As I have alerted earlier too we are at major hurdle & one should stay light.  Hot Sector for Today: Infra.

BTST/ STBT in Last Trade (Cash /Fut.): IBREALEST (Buy –162; SL- No Sl; Tgt1- 165.50; Tgt2- 167; Tgt3- 168.50)

 LITL (Buy –56.60; SL- No Sl; Booked 50% At 57.70 Same Day)

SESAGOA (Buy –475; SL- 469; Tgt1- 483; Tgt2- 487; Tgt3- 490)

Hot in Street:   Litl, Ifci, Essaroil, Kfa, Mphasis, Voltas, Dabur, Rolta, Gtlinfra, Indiacem, Ibrealest, Mrpletc.

Result Today:   Goa carbom ltd, Shree lakshmi cotsyn ltd, D.b. corp ltd, Supreme ind. Ltd etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
IFCI (53.25)	Must Buy At 53—52	54.50	55—55.50	51.50	Stock is oversold & ready to touch 57-59 levels.
STERLITE IND (867.2)	Buy C/Fut. At 865-852	880	888—895	845	All metal stocks are looking hot for quick rise.
Derivative- Future (Strategy for today)
TATASTEEL (664.4)	Must Buy At 663—654	675	680—685	Bel 648	Max Profits: Rs. 15000	We can see a rise toward 680+ today.
TATASTL CA700 (7.0)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs. 5000
AXISBANK (1152.45)	Buy At 1150—1130	1170	1180-1190	Bel 1120	Max Profits: Rs. 20000	Keep an eye on this, high risk - high gain.
…………. (………..)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 4500
Derivative- Option Strategy
LITL CA 60 (1.40)	Must Buy At 1.40—1	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold till F&O expiry for good return.
LITL PA 50 (0.50)	Sell 2 Lots with CA 60				Max Loss: Rs. 6000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (8^th April 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs.43315.70 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 (29^th Mar – 2^nd Apr 2010) http://nse-bse.blogspot.com/2010/04/weekly-performance-report-including-all.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 (Mar) http://nse-bse.blogspot.com/2010/04/monthly-performance-report-commodity.html

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