Daily News Letter Dated 7th 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 7^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: 5135.50 (25.00) Resis – 5250, 5400, 5450, 5530, 5600 Supports – 4900, 4820, 4700, 4600, 4500

SENSEX: Last Close: 17117.69 (95.36) 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.

Mkt will open gap down toward 5050-5020 levels but we expect recovery. Nifty has good Resis at 5150 & support at 5050 for intra-day clear trend, sell on rise. Hot Sector for Today: Sugar.

BTST/ STBT in Last Trade (Cash /Fut.): RCOM (Sell–169; SL- 172; Tgt1-165 Tgt2-163, Tgt3-161)

 VIJAYABANK (Buy–61.50; SL- 60; Tgt1-63.30 Tgt2-63.90, Tgt3-64.50)

Hot in Street— Essaroil, Gtlinfra, Relmedia, Indiacem , Dabur, cairn, Bajajhind, Maruti, Iob, Hoteleela etc.

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
HERO HONDA (1989)	Must Sell At Opening	1960	1940-1920	2010	We expect good movement today, keep an eye.
TRIVENI (95.05)	Buy C/Fut. At 95—93	97	98—99	92	Hidden gem among sugar stocks, buy at dips.
Derivative- Future (Strategy for today)
ABAN (701.20)	Must Buy At 695—680	710	718—725	Bel 670	Max Profits: Rs. 10000	Scrip is oversold on chart, trade with SL.
ABAN CA 750 (19.00)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
BHUSANSTL (1346.00)	Sell At Opening Bell	1320	1310-1300	Abv 1370	Max Profits: Unlimited	One can go blindly short for Tgt 1200.
………… (……..)	…………..	Hedging Position			Max Loss: Rs 2500
Derivative- Option Strategy
NIFTY PE 5100 (91.30)	Must Buy At Opening	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & hold 1-Week for super-duper gains.
NIFTY CE 5300 (23.30)	Sell 2 Lot with PE5100				Max Loss: Rs. 2500

 

Last Trade (4^th June 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 69228.40.00 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)
…………(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.
RNRL (52.40)	Accumulate At 52—50	57	60—63	Bel 48	Booked partial profits around 55, SL cost2cost
BAJAJ HIND (106.45)	Grab At 105—100	115	120—125	97	Booked partial profit at 112 & revise SL 105.

 

Weekly Perf Report (31^st – 4^th June 2010) http://nse-bse.blogspot.com/2010/06/weekly-performance-report-including-all.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