Daily News Letter Dated 21st July 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 21^st July 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: 5368.00 (18.45) Resis – 5400, 5500, 5550, 5600, 5700 Supports – 5200, 5050, 4900, 4820, 4700

SENSEX: Last Close: 17878.14 (50.28) Resis – 18000, 18300, 18500, 18850 Supports – 17500, 17000, 16550, 16300

Sensex Range This Week: 17000 - 18250 above which it will touch 18500 & Below Tgt 16500; Resis at 18000 closing.

Nifty will show gap up opening toward 5400 levels but 2^nd half session will show the real path to the Mkt for next 2 days. Nifty is facing hurdle at 5400 as said. Hot Sector for Today: Infra.

BTST/ STBT in Last Trade (Cash /Fut.): GVKPIL (Buy–46.50; SL- 46; Tgt1-47.60, Tgt2-48& Abv)

Hot in Street—Hcc, Litl, Welcorp, Gvkpil, Federalbnk, Sobha, Tv-18, Unitech, Zeel, Ptc, Abb, Hdil, Dlf etc.

Result Today—   Apil, Orchidchem, Yesbank, Bajajauto finance ltd, Recltd, Tvsmotors etc

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
GMR INFRA (61.25)	Must Buy At 61—59	62.5	63.20—64	58	Stock is holding in a range, go long with SL 55.
ORCHID CHEM(189.3)	Buy C/Fut. At 189-185	192	193.5—195	182	Keep an eye today, expected to show sharp rise
Derivative- Future (Strategy for today)
RECLTD (302.25)	Must Buy At 302—297	308	311—315	Bel 294	Max Profits: Rs. 16000	One of the hottest scrip for day trader.
RECLTD PA 300 (3.85)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 3000
DISHTV (46.80)	Buy At 46.5—45	47.50	48—49	Bel 44	Max Profits: Rs. 20000	Stock looks hot for 1-2 days, Tgt 50.
DISHTV CA 50 (0.45)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs 8000
Derivative- Option Strategy
IDBI CA 120 (3.40)	Must Buy At 3.4—2.5	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & Hold for 3-5 days for good gains.
IDBI PA 120 (1.80)	Buy 1 Lot with CA 120				Max Loss: Rs. 4000

 

Last Trade (20^th July 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs18350.00 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 (July 2010)
ESSAROIL (141.05)	Buy At Dips to 138—133	153	157—165	129	Booked partial at 144, Revise SL at cost 2 cost.
TATACOMM (262.15)	Must Buy At 260—250	280	287—295	245	Booked 75% at 292, Revise SL at cost 2 cost.
BANKNIFTY (9505.00)	Sell At 9600—9750	9200	9000-8750	9850	Bank Nifty SL hit, Pls exit now at any dip.
NAGARJUNFER (31.9)	Grab Bulk At 31—29.5	34.5	36—37.5	28.5	Booked partial at 35, Revise SL at cost 2 cost.

 

Weekly Perf Report (12^th – 16^th July) http://nse-bse.blogspot.com/2010/07/weekly-performance-report-including-all_16.html

Monthly Perf Report Equity Calls (June): http://nse-bse.blogspot.com/2010/06/monthly-performance-report-including.html

Monthly Performance Report-Nifty (June): http://nse-bse.blogspot.com/2010/06/monthly-performance-report-nifty.html

Monthly Commodity Call Report (June) http://nse-bse.blogspot.com/2010/06/monthly-performance-report-commodity.html

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