Daily News Letter Dated 22nd 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 22^nd 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: 5353.30 (90.70) Resis – 5400, 5500, 5550, 5600, 5700 Supports – 5050, 4900, 4820, 4700, 4600

SENSEX: Last Close: 17876.55 (305.73) Resis – 18000, 18300, 18500, 18850 Supports – 17000, 16550, 16300, 16000

Sensex Range This Week: 17000 - 17900 above which it will touch 18000 & Below Tgt 16500; Resis at 18000 closing.

We advice to be alerted for next 3 trading session which can show real profit booking, if Nifty not managed to close above 5400 levels. Stay light for safe gain. Hot Sector for Today: Metal.

BTST/ STBT in Last Trade (Cash /Fut.): NAGARCONST (Buy–188.50; SL- No SL; Tgt1-191.5, Tgt2-192.5, Tgt3-194)

DLF (Buy–290; SL- 286; Tgt1-296, Tgt2-298, Tgt3-300)

Hot in Street—  Sesagoa, Tatasteel, Bhusanstl, Indiainfo, Icsa, Hindalco, Jswsteel, Relmedia, Relcapital etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
SAIL (201.35)	Must Buy At 201—197	205	207—209	195	All steel stocks are looking hot, trade with SL.
EKC (131.00)	Buy C/Fut. At 130-127	133.5	135—137	125	Keep an eye, trade with the trend, expect rise.
Derivative- Future (Strategy for today)
RNRL (63.60)	Must Buy At 63—61	65	66—67	Bel 60	Max Profits: Unlimited	We expect good rise with short covering.
RNRL PA 60  (0.80)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
HINDALCO (153.85)	Sell on rise up to 157	151	149.5—148	Abv 158.5	Max Profits: Unlimited	Stock can show profit booking, Sell.
HINDALCOCA160(0.7)	Sell  when you sell Fut.	Hedging Position			Max Loss: Rs 5500
Derivative- Option Strategy
SESAGOA PA380 (5.0)	Must Buy At 5—3	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	One can trade & hold long till F&O expiry.
SESAGOA CA400 (3.7)	Sell 2 Lots with PA 380				Max Loss: Unlimited

 

Last Trade (21^st June 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 18810.60 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 114.
PUNJ LLOYD (120.05)	Must Buy At 117—112	130	134—139	105	Book partial around 127 & revise SL at 120.
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 110.

 

Weekly Perf Report (14^th – 18^th June) http://nse-bse.blogspot.com/2010/06/weekly-performance-report-including-all_5385.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

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