Daily News Letter Dated 22nd 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 22^nd July 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: 5399.35 (31.35) Resis – 5400, 5500, 5550, 5600, 5700 Supports – 5200, 5050, 4900, 4820, 4700

SENSEX: Last Close: 17977.23 (99.09) 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.

Mkt is not able to stand at 5400 levels & panic selling takes place above this. We expect Nifty to correct toward 5250-5200 in next 3-5 days due to rollover. Hot Sector for Today: Metals.

BTST/ STBT in Last Trade (Cash /Fut.): JPASSOCIATE (Buy–128.50; SL- No Sl; Tgt1-131, Tgt2- 132.50& Abv)

Hot in Street— Ptc, Jswsteel, Sesagoa, Ster, Sintex, Tatastel, Bankindia, Mtnl, Hdil, Gail, Hindalco etc.

Result Today—   Pnb, Dishtv, Zee news, Bajajauto, Drreddy, Acc, Ambujacem, Idbi, Itc, Vijaya bnk, Idea etc

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
HPCL (440.95)	Must Buy At 440—434	447	451—455	430	Oil Mktg stocks are looking hot in the street.
SINTEX IND (352.55)	Buy C/Fut. At 351-345	357	360—363	342	High risk- High reward scrip 4 intra-day trade
Derivative- Future (Strategy for today)
JINDALSTEL (639.35)	Must Buy At 638—630	649	655—662	Bel 625	Max Profits: Rs. 10000	Steel stocks have turned bullish now.
JINDAL PA 620 (3.55)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 2500
BHEL (2415.25)	Sell At 2415—2440	2380	2360-2340	Abv 2460	Max Profits: Rs. 10000	Profit booking can be seen toward 2300.
BHEL CA 2450 (21.30)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs 2500
Derivative- Option Strategy
CENTURY CA 460(9.0)	Must Buy At 9—7	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & Hold for 1-2 weeks for good gains.
CENTURY PA 460 (6.0)	Buy 1 Lot with CA 460				Max Loss: Rs. 3000

 

Last Trade (21^st July 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs39575.00 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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