Daily News Letter Dated 9th 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 9^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: 4987.10 (46.90) Resis – 5250, 5400, 5450, 5530, 5600 Supports – 4900, 4820, 4700, 4600, 4500

SENSEX: Last Close: 16617.10 (163.97) 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 have been alerting for sharp fall from every rise & our Nifty target 4300 in short term with SL 5400 closing basis. One should trade with hedge today. Hot Sector for Today: Airline.

BTST/ STBT in Last Trade (Cash /Fut.): IOC (Sell–339; SL- No SL; Book Partial At 336 Same Day)

NAGARFERT (Buy–28.40; SL- 28; Tgt1-29 Tgt2-29.30, Tgt3-29.70)

Hot in Street— Kfa, Gmdc, Hindpetro, Educomp, Cipla, Voltas, Dabur, Itc, Pfc, Axisbank, Sintex, Itc etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
ORCHIDCHEM (140.4)	Must Buy At 140—137	143	144.5—146	135	Oversold on chart, expectd sharp bounce soon
IOC (337.75)	Buy C/Fut. At 337-332	343	346—349	328	All oil stocks will rise sharply in closing hours.
Derivative- Future (Strategy for today)
RCOM (168.05)	Must Sell At 168—173	165	163—161	Abv 175	Max Profits: Unlimited	One can short for Tgt 160-155 soon.
RCOM CA 180 (3.55)	Sell when you sell Fut.	Hedging Position			Max Loss: Rs. 3500
KFA (45.00)	Grab Bulk At 45—44	46	46.50—47	Bel 43	Max Profits: Unlimited	All airline stocks are expected to fly high.
KFA CA 47.50 (1.20)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs 4250
Derivative- Option Strategy
EDUCOMP CA 540 (24.0)	Must Buy At 22—18	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	One can trade & hold long for 7-10 days.
EDUCOMP CA 580 (10.0)	Sell 2 Lot with CA 540				Max Loss: Rs. 7500

 

Last Trade (8^th June 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 11997.40.00 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	One can buy at every dip for Tgt 130-140 soon.
PUNJ LLOYD (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