Daily News Letter Dated 3rd 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 3^rd May 2010

E-Mail: info@ibnservice.com or ibnservices@gmail.com/

Web: http://www.ibnservice.com/ or http://ibnservices.blogspot.com/

Yahoo / GTalk / Msn Messenger: ibnservicesdelhi or ibncommodity

Phone: (91) 011-47479747; 9899909899; 9311353399; 9968443444

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: 5278.00 (23.85) Resis – 5400, 5450, 5530, 5600, 5750 Supports – 5200, 5050, 4900, 4820, 4700

SENSEX: Last Close: 17558.71 (55.24) 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.

We had pointed for cautious days when Nifty was trading around 5300 last week. One should stay mostly in cash & wait for right time to enter the Mkt.  Hot Sector for Today: Oil & Gas.

BTST/ STBT in Last Trade (Cash /Fut.): PETRONET (Buy –81; SL- No Sl; Booked Partial At 81.80 Same Day)

 IBREALEST (Buy –166.50; SL- No Sl; Booked 50% At 171.50 Same Day)

Hot in Street:   Icsa, Uniphos, Ashokley, Ioc, Ibrealeat, Hindpetro, Fortis, Sterlinbio, Canbnk, Bpcl, Ekc  etc.

Result Today:   Idea, Hdfc, Centurytex, Jswstel, Mahaseamless  etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
MRPL (76.25)	Must Buy At 76—74	77.50	78.25—79	73	Good for day trader, trade with given stop loss
TATA CHEM (353.70)	Buy C/Fut. 353—348	359	362—365	345	All fertilizer stocks are looking hot 4 quick rise
Derivative- Future (Strategy for today)
BPCL (520.00)	Must Buy At 520—510	529	534—539	Bel 500	Max Profits: Rs. 25000	Some news expected in all oil & gas sector
………….. (………)	………….	Hedging Position			Max Loss: Rs. 5500
RELCAPITAL (741.0)	Grab At 740—727	753	760—767	Bel 720	Max Profits: Unlimited	One can go long for Tgt 775-790 soon.
RELCAP CA800 (10.1)	Sell 2lot with fut, hedge	Hedging Position			Max Loss: Rs 1932
Derivative- Option Strategy
CHAMBAL CA65 (3.1)	Must Buy At 3—2.4	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold 7-10 day for super-duper gains.
CHAMBAL CA65 (2.2)	Buy 1 Lot with CA 65				Max Loss: Rs. 7000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (30^th April 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 65410.00 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)
………………… (950.50)	Sell At Rise 960—990	910	885—870	1010	One can sell on rise & buy CA 980 with this.
…………….. (70.05)	Must Buy At 70—67	74	77—80	70	Decisive week & street see Tgt 80+, keep hedge
……………. (5260.50)	Must Sell At 5260—5350	5050	4910-4750	5440	We advise to go short on every rise 4 free fall.
…………….. (5955.00)	Sell At 5970—6050	5700	5600-5500	6150	Anytime panic selling can be seen to 5700-5500

 

Weekly Perf Report (26^th – 30^th Apr 2010) http://nse-bse.blogspot.com/2010/04/weekly-performance-report-including-all_30.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