Daily News Letter Dated 10th May 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 10^th May 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: 5018.05 (72.80) Resis – 5250, 5400, 5450, 5530, 5600 Supports – 4900, 4820, 4700, 4600, 4500

SENSEX: Last Close: 16769.11 (218.42) Resis – 17500, 18100, 18300, 18500 Supports – 16550, 16300, 16000, 15700

Sensex Range This Week: 16300 - 17500 above which it will touch 18000 & Below Tgt 15700; Resis at 18000 closing.

Mkt can show bounce from lower levels today & Nifty can bounce toward 5080-5100 at last hours of closing. One should not over trade this week. Hot Sector for Today: Oil-Gas, Metals.

BTST/ STBT in Last Trade (Cash /Fut.): ICICIBANK (Buy –880; SL- 892; Tgt1- 868; Tgt2- 860; Tgt3- 852)

BHARTIARTL (Buy –288.50; SL- 285; Tgt1-293; Tgt2- 295; Tgt3- 298)

Hot in Street: Nationalum, RIL, Idea, Asianpaint, Indhotel, Abirlanuvo, M&M, Bpcl, Hindunilvr, Voltas etc.

Result Today:  Orbit Corp, HT Media, Zicom, Unichem, Usha Martin, Monnet Ispat, Radico, PBAinfra etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
SESAGOA (390.75)	Must Buy At 390—384	397	401—405	380	Ready 2 blast today must buy in opening trade
EDUCOMP (627.30)	Buy At 627—615	638	644—650	608	Highly oversold, the stock will show 675 soon.
Derivative- Future (Strategy for today)
M&M (525.90)	Must Buy At 525—516	535	540—545	Bel 510	Max Profits: Unlimited	Stock is ready to blast toward 550.
M&M PA 500 (8.25)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
ABB (693.50)	Buy At Dips 692--680	702	708—715	Bel 670	Max Profits: Unlimited	Stock can bounce toward 710-720+.
………… (………..)	………..	Hedging Position			Max Loss: Rs 2500
Derivative- Option Strategy
SAIL CA 210 (6.55)	Must Buy At 6.5—5	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold 5-7 day for super-duper gains.
SAIL PA 200 (3.30)	Buy 1 Lot with CA 210				Max Loss: Rs. 5000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (7^th  May 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 157017.00 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 (May 2010)
ICICI BANK (950.50)	Sell At Rise 960—990	910	885—870	1010	Booked 75% at 870 on 7th sell more on rise.
RNRL (70.05)	Must Buy At 70—67	74	77—80	70	Booked part at 74 on 4th May, add more on dip
NIFTY (5260.50)	Must Sell At 5260—5350	5050	4910-4750	5440	Booked 75% around 4980 sell more on rise.
CNXIT (5955.00)	Sell At 5970—6050	5700	5600-5500	6150	Booked 50% around 5700, sell more on rise.

 

Weekly Perf Report (3^rd – 7^th May 2010) http://nse-bse.blogspot.com/2010/05/weekly-performance-report-including-all.html

Monthly Perf Report Equity Calls (April): http://nse-bse.blogspot.com/2010/04/monthly-performance-report-including.html

Monthly Performance Report-Nifty (April): http://nse-bse.blogspot.com/2010/04/monthly-performance-report-nifty.html

Monthly Commodity Call Report (April) http://nse-bse.blogspot.com/2010/05/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