Daily News Letter Dated 18th 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 18^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: 5274.85 (41.50) Resis – 5250, 5400, 5450, 5530, 5600 Supports – 4900, 4820, 4700, 4600, 4500

SENSEX: Last Close: 17616.69(153.82) 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.

The opening can be flat to negative, but volatility will be seen. Nifty has hurdle at 5330 & finally at 5400 for bulls to take strong hold of the Mkt. Hot Sector for Today: Sugar & Tele.

BTST/ STBT in Last Trade (Cash /Fut.): TATAMOTORS (Buy–795; SL- No SL; Booked Partial At 804 Same day)

RENUKA (Buy–66; SL- No SL; Tgt1-67, Tgt2-67.50, Tgt3-68)

Hot in Street— Aban, Iob, Triveni, Mtnl, Jpassociate, Rcom, Tatatea, Onmobile, Ranbaxy, LT, Dlf, Gail  etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
SESAGOA (359.95)	Must Buy At 360—353	366	369—372	350	Highly oversold on charts, we can see Tgt 375+
BALRAMCHIN (80.25)	Buy C/Fut. At 80—78	81.50	82.30—83	77	Keep an eye on sugar stk, expected sharp rise.
Derivative- Future (Strategy for today)
CIPLA (336.90)	Must Buy At 336—330	342	345—348	Bel 327	Max Profits: Unlimited	Short covering can be seen till expiry.
………..  (…………)	……………………...	Hedging Position			Max Loss: Rs. 3750
ONMOBILE (294.70)	Grab At Opening Bell	300	303—307	Bel 285	Max Profits: Unlimited	Good stock for day traders, watch out.
…………..  (………)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 3000
Derivative- Option Strategy
UNITECH CA 70 (2.05)	Must Buy At 2—1.50	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	One can trade & hold long till F&O expiry.
UNITECH CA 75 (0.50)	Sell 2 Lots with CA 70				Max Loss: Rs. 5000

 

Last Trade (17^th June 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 59724.40.00 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 75% profit at 118 & 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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