Daily News Letter Dated 14th June 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 14^th June 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: 5113.15 (34.55) Resis – 5250, 5400, 5450, 5530, 5600 Supports – 4900, 4820, 4700, 4600, 4500

SENSEX: Last Close: 17064.95 (142.87) Resis – 17500, 18100, 18300, 18500 Supports – 16500, 16300, 16000, 15700

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

Mkt will show further upside toward 5150, but face good hurdle at 5150-5200 levels. The sentiment is cautious & one should trade with hedging. Hot Sector for Today: Pharmacy.

BTST/ STBT in Last Trade (Cash /Fut.): ICICIBANK (Buy–839; SL- No SL; Tgt1-852 Tgt2-859, Tgt3-865)

SIEMENS (Buy–708; SL- No SL; Book 50% profits at 723)

Hot in Street— Fortis, Hdil, Biocon, Tatatea, Reliance, Bhel, Bajajauto, Techm, Iob, Praj, Triveni, Mll etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
HCC (114.0)	Must Buy At 114—111	116.50	118—120	109	Watch out for explosive move toward 120-125
WELCORP (232.50)	Buy C/Fut. At 232-227	236.5	239—242	224	Stock is looking for good rise in coming days.
Derivative- Future (Strategy for today)
AREVAT&D (303.00)	Must Buy At 302—295	308	311—314	Bel 290	Max Profits: Unlimited	Good scrip for day trader, keep hedge.
AREVA CA320 (2.40)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs. 3750
AXISBANK (1239.80)	Must Sell 1245—1260	1220	1210-1200	Abv 1275	Max Profits: Unlimited	One can sell on rise today & hold long.
AXISB CA1300 (10.95)	Sell when you sell Fut.	Hedging Position			Max Loss: Rs 6750
Derivative- Option Strategy
Bank Nifty PE9300(123)	Must Buy At 110—80	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	One can trade & hold long till F&O expiry.
Bank Nifty CE9600(80)	Sell 2 Lots with PE9300				Max Loss: Rs. 12000

 

Last Trade (11^th June 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 32521.40.00 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 (June 2010)
IDBI (113.70)	Buy At Dips to 112—107	122	127—132	104	Book partial around 115 & revise SL at 110.
……………… (120.05)	Must Buy At 117—112	130	134—139	105	Stock can be good bet around 117-110 to grab.
RNRL (52.40)	Accumulate At 52—50	57	60—63	Bel 48	Booked partial profits around 55, SL cost2cost
BAJAJ HIND (106.45)	Grab At 105—100	115	120—125	97	Booked partial profit at 112 & revise SL 105.

 

Weekly Perf Report (7^th – 11^th June) http://nse-bse.blogspot.com/2010/06/weekly-performance-report-including-all_11.html

Monthly Perf Report Equity Calls (May): http://nse-bse.blogspot.com/2010/05/monthly-performance-report-including.html

Monthly Performance Report-Nifty (May): http://nse-bse.blogspot.com/2010/05/monthly-performance-report-nifty.html

Monthly Commodity Call Report (May) http://nse-bse.blogspot.com/2010/05/monthly-performance-report-commodity_31.html

 

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