Daily News Letter Dated 25th 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 25^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: 4943.95 (12.80) Resis – 5250, 5400, 5450, 5530, 5600 Supports – 4900, 4820, 4700, 4600, 4500

SENSEX: Last Close: 16469.55 (23.94) 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.

Nifty will show further weakness & next support lies at 4750-4700 if breaks & closes below 4900 mark today. We still remain bearish till June. Hot Sector for Today: R-Group Stock.

BTST/ STBT in Last Trade (Cash /Fut.): POWERGRID (Buy–102; SL- NO SL; Tgt1- 104.50; Tgt2- 106; Tgt3- 107.50)

TATASTEEL (Buy–500; SL- NO SL; Tgt1- 512; Tgt2- 517; Tgt3- 523)

Hot in Street--  Rnrl, Rcom, Rpower, Relinfra, Renuka, Divislab, Relcapital, Balramchini, Centralbank etc.

Result Today:  Aban, Bankbaroda, Nhpc, Mll, Bhel, Tatatea, Jyothilab, Powergid, South bank ltd etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
RNRL (54.55)	Must Buy At 54—53	55.50	56—57	52	The stock has good support at 50 for bounce.
BAJAJHIND (103.95)	Buy At 103—100	106	108—110	98	All sugar stocks are highly oversold in the Mkt
Derivative- Future (Strategy for today)
RENUKA (55.70)	Must Buy At 55.5—54	56.5	57—58	Bel 53	Max Profits: Unlimited	Good scrip for day traders to gain.
RENUKA PA55 (0.95)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 5000
RELMEDIA (173.00)	Buy At Dips 171--168	175	177—180	Bel 165	Max Profits: Unlimited	Any time explosion toward 200+  seen.
………….. (……)	……………..	Hedging Position			Max Loss: Rs 1800
Derivative- Option Strategy
RCOM CA 150 (2.35)	Must Buy At 2.25—1.5	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold 3-5 day for super-duper gains.
RCOM PA 140 (1.10)	Sell 2 Lot with CA 150				Max Loss: Rs. 1400
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (24^th  May 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 85190.00 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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