Daily News Letter Dated 17th 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 17^th June 2010

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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: 5233.35 (11.00) Resis – 5250, 5400, 5450, 5530, 5600 Supports – 4900, 4820, 4700, 4600, 4500

SENSEX: Last Close: 17462.87(50.04) 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.

We will see high volatility today & next week, due to F&O expiry and rollover. Scrip based movement can be seen, so trade accordingly & avoid longs. Hot Sector for Today: Media.

BTST/ STBT in Last Trade (Cash /Fut.): ASHOKLEY (Buy–62.90; SL- No SL; Tgt1-64 Tgt2-64.60, Tgt3-65.20)

ORCHIDCHEM (Buy–154; SL- No SL; Tgt1-156.50, Tgt2-158, Tgt3-159.50)

Hot in Street— Mtnl, Ttml, Punjlloyd, Kfa, Ster, Biocon, Zeel , Aban, Tatacomm, Relcapital, Kfa, Patni etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
GTLINFRA (42.35)	Must Buy At 42.3—41	43.20	43.7—44.5	40	Something cooking in the stock, Go long now.
TV-18 (90.05)	Buy C/Fut. At 90—88	92	93—94	87	All media stocks will be on fire, but keep SL.
Derivative- Future (Strategy for today)
TATACOMM (257.45)	Must Buy At 257—252	262	265—268	Bel 248	Max Profits: Unlimited	One can buy today for upside Tgt 270+.
………..  (…………)	……………………...	Hedging Position			Max Loss: Rs. 2100
RPOWER (174.05)	Buy At 174—171	177	178.5—180	Bel 168	Max Profits: Unlimited	ADAG group are running fast on news
RPOWER PA 170 (3.1)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 6000
Derivative- Option Strategy
IDBI CA 120 (1.00)	Must Buy At 1—0.80	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	One can trade & hold long till F&O expiry.
IDBI CA 130 (0.25)	Sell 2 Lots with CA 120				Max Loss: Rs. 6000

 

Last Trade (16^th June 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 54969.40.00 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 50% around 118-119 & revise SL at 110.
PUNJ LLOYD (120.05)	Must Buy At 117—112	130	134—139	105	Book partial around 127 & revise SL at 115.
RNRL (52.40)	Accumulate At 52—50	57	60—63	Bel 48	Booked max profits around 70, SL at 65.
BAJAJ HIND (106.45)	Grab At 105—100	115	120—125	97	Booked 50% profit at 115 & 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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