Daily News Letter Dated 12th 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 12^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: 5136.15 (57.45) Resis – 5250, 5400, 5450, 5530, 5600 Supports – 4900, 4820, 4700, 4600, 4500

SENSEX: Last Close: 17141.53 (189.02) 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.

We were cautious & will remain cautious at every rise, until Nifty closes above 5400 for 2 consecutive days. One can short/ sell on every rise. Hot Sector for Today: Hotel & Cement.

BTST/ STBT in Last Trade (Cash /Fut.): MRPL (Buy –74; SL- 72.50; Tgt1-76; Tgt2- 77; Tgt3- 78)

Hot in Street--   Petronet, Dishtv, Chamblefert, Indhotel, M&m, Hoteleela, Tv-18, Ashokley, Ifci, Ekc etc.

Result Today:  Bajajauto, Mrpl, Beardsell, Mahindra forgings, Jindal polly films, Gujrat Apollo ind etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
L&T (1543.20)	Must Sell At 1545-1570	1520	1505-1490	1585	The stock can show free fall toward 1500 today
JP ASSOCIATE (133.6)	Buy At 133.5—131	136	137.5—139	129	High risk-High gain, trade with hedge or SL.
Derivative- Future (Strategy for today)
NEYVELILIG (150.20)	Must Buy At 150—147	153	154.5—156	Bel 145	Max Profits: Unlimited	Good scrip for day traders for upside.
…………… (……..)	……………..	Hedging Position			Max Loss: Rs. 2950
FSL (29.25)	Buy At 29—28.50	29.75	30—30.50	Bel 28	Max Profits: Unlimited	Any time explosion toward 32—35 seen.
FSL PA 27.50 (0.80)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 4750
Derivative- Option Strategy
CHAMBAL CA 60 (3.1)	Must Buy At 3---2	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold 3-5 day for super-duper gains.
CHAMBAL PA 70 (0.5)	Sell 2 Lot with CA 60				Max Loss: Rs. 7000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (11^th  May 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 35645.00 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

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