Daily News Letter Dated 30th 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 30^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: 5256.15 (77.35) Resis – 5400, 5500, 5550, 5600, 5700 Supports – 5050, 4900, 4820, 4700, 4600

SENSEX: Last Close: 17534.09 (240.17) Resis – 18000, 18300, 18500, 18850 Supports – 17000, 16550, 16300, 16000

Sensex Range This Week: 16800 - 18000 above which it will touch 18300 & Below Tgt 16500; Resis at 18000 closing.

We are very much cautious & will remain with the Mkt. Mkt is still not safe to go long, rather sell on every rise for bloodbath in the street any time soon. Hot Sector for Today: Power.

BTST/ STBT in Last Trade (Cash /Fut.): BAJAJHIND (Buy–117; SL- No Sl; Tgt1-119; Tgt2- 120; Tgt3- 121)

HINDALCO (Buy–144; SL- 140; Tgt1- 147.50; Tgt2- 149; Tgt3- 150)

Hot in Street—Bgrenergy, Aban, Kfa, Pfc, Tatachem, Recltd, Gtlinfra, Gspl, Bajajauto, Ofss, Idfc, Titan etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
ABAN (822.25)	Must Buy At 818—805	834	842—850	798	The stock is oversold, same shouting from 750
GTL INFRA (47.65)	Sell C/Fut. At 48—49	46.70	46.2—45.5	50	Keep SL 50 & short for Tgt 45—43 very soon.
Derivative- Future (Strategy for today)
PFC (297.80)	Must Buy At 296—290	302	305—308	Bel 287	Max Profits: Rs. 10000	Low risk trade for intra-day traders.
………….. (………..)	……………...	Hedging Position			Max Loss: Rs. 3000
BHUSANSTL (1403.95)	Sell At 1410—1430	1380	1370-1360	Abv 1450	Max Profits: Unlimited	We expect non-stop slide toward 1200.
………….. (………..)	……..	Hedging Position			Max Loss: Rs 2500
Derivative- Option Strategy
ICICIBK PA 840 (26.5)	Must Buy At 25—20	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Keep SL 900 & trade in bulk 4 good gains.
ICICIBK CA 880  (17.9)	Sell 2 Lots with PA 840				Max Loss: Rs. 6500

 

Last Trade (29^th June 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 29575.00 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 114.
PUNJ LLOYD (120.05)	Must Buy At 117—112	130	134—139	105	Book 75% around 135 & revise SL at 125.
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	Book max profit at 120-123 & revise SL 115.

 

Weekly Perf Report (21^st – 25^th June) http://nse-bse.blogspot.com/2010/06/weekly-performance-report-including-all_25.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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