Daily News Letter Dated 5th 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 5^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: 5148.50 (74.25) Resis – 5400, 5450, 5530, 5600, 5750 Supports – 5050, 4900, 4820, 4700, 4600

SENSEX: Last Close: 17137.14 (248.94) Resis – 18150, 18300, 18500, 18750 Supports – 16800, 16550, 16300, 16000

Sensex Range This Week: 17000 - 18000 above which it will touch 18300 & Below Tgt 16500; Resis at 18000 closing.

Finally our analysis was proven the best with our continuous warning from last 2 weeks for such a free fall. Nifty has support at 5000 but will break. Hot Sector for Today: IT & Pharma.

BTST/ STBT in Last Trade (Cash /Fut.): AXISBNK (Sell –1260; SL- No Sl; Booked 50%At 1235 Same Day)

 PNB (Sell –1038; SL- No Sl; Booked Partial At 1032 Same Day)

Hot in Street:   Hcltech, Pnb, Hdfcbnk, Herohonda, Patni, Divislabs, Pirhealth, Hindpetro, Pfc, Pnb etc.

Result Today: Alembic ltd, Elder pharma, United brewarie, Lupin, Mid day, Prism cement, Niit tech etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
HCL TECH (398.35)	Must Buy At 395—389	402	406—410	385	Keep an eye & trade safely when it takes a dip.
ASHOK LEY  (60.70)	Sell C/Fut. At Opening	59.50	59—58	62	Free fall expected to 57-55 levels today in C/F.
Derivative- Future (Strategy for today)
RELIANCE (1016.55)	Must Buy At 1010-990	1030	1040-1050	Bel 980	Max Profits: Rs. 25000	Stock can show strength after a dip.
RIL PA 1000 (25.50)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 3000
TATAMOTORS (840.0)	Sell At 840—855	825	818—810	Abv 865	Max Profits: Unlimited	Profit booking can be seen up to 800.
TATAMOT CA880 (15)	Sell when you sell Fut.	Hedging Position			Max Loss: Rs 8500
Derivative- Option Strategy
SESAGOA CA400(10.7)	Must Buy At 10—7	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold 7-10 day for super-duper gains.
SESAGOA CA440 (4.0)	Sell 2 Lots with CA 400				Max Loss: Rs. 5000
Investment Pick
……….. (……) (………)	………….	…….	……….	……	……………………………….

 

Last Trade (4^th  May 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 68318.00 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 partial at 910 on 4th, 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 partial around 5150, sell more on rise.
……………. (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

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