Daily News Letter Dated 2nd 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 2^nd June 2010

E-Mail: info@ibnservice.com or ibnservices@gmail.com/

Web: http://www.ibnservice.com/ or http://ibnservices.blogspot.com/

Yahoo / GTalk / Msn Messenger: ibnservicesdelhi or ibncommodity

Phone: (91) 011-47479747; 9899909899; 9311353399; 9968443444

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: 4970.20 (116.10) Resis – 5250, 5400, 5450, 5530, 5600 Supports – 4900, 4820, 4700, 4600, 4500

SENSEX: Last Close: 16572.03 (372.60) 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 again alerted on right time & gave sell call which fetched good gains. Nifty will show higher volatility & weakness in coming days, avoid long. Hot Sector for Today: Pharma.

BTST/ STBT in Last Trade (Cash /Fut.): ORCHIDCHEM (Buy–140; SL- NO SL; Tgt1-145, Tgt2-146.50, Tgt3-148)

TATASTEEL (Sell–480; SL- 488; Tgt1-472, Tgt2-468, Tgt3-464)

Hot in Street— Chamblfert, Onmobile, Maruti, Renuka, Sunpharma, Cipla, Ioc, Acc, Aban, Rnrl, Rolta etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
HINDALCO (143.45)	Must Buy At 143—140	146	147.5—149	138	Good scrip for day traders, try to buy at dip.
RNRL (52.50)	Grab C/Fut. At 52.5-51	53.50	54—55+	50	Time to buy in C/Fut. for Tgt 60+ in June itself
Derivative- Future (Strategy for today)
ABAN (685.00)	Must Buy At 685--675	697	703—710	Bel 665	Max Profits: Rs. 10000	Ready for quick bounce today.
ABAN PA 650 (30.00)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs. 6000
NAGARFERT (29.85)	Buy At 29.85—29.50	30.50	30.9—31.3	Bel 29	Max Profits: Unlimited	Keep an eye on all fertilizer stocks.
NAGFER PA27.5 (0.55)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs 2500
Derivative- Option Strategy
FORTIS CA 140 (4.60)	Must Buy At 4.5—3	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold 3-5 day for super-duper gains.
FORTIS CA 150 (1.95)	Sell 2 Lot with CA 140				Max Loss: Rs. 5000

 

Last Trade (1^st June 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 70780.00 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)
…………….. (113.70)	Buy At Dips to 112—107	122	127—132	104	One can buy at every dip for Tgt 130-140 soon.
……………… (120.05)	Must Buy At 117—112	130	134—139	105	Stock can be good bet around 117-110 to grab.
…………………. (52.40)	Accumulate At 52—50	57	60—63	Bel 48	We expect some good news v. soon in the scrip.
…………………… (106.45)	Grab At 105—100	115	120—125	97	All sugar stocks are expected to blast any time.

 

Weekly Perf Report (24^th – 28^th May 2010) http://nse-bse.blogspot.com/2010/05/weekly-performance-report-including-all_28.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