Daily News Letter Dated 29th July 2010---Gain from us. Visit: http://www.ibnservices.com/ OR http://nse-bse.blogspot.com/ OR http://mcx-ncdex.blogspot.com/

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India Stock (A Unit of IBN Services, New Delhi)

Daily News Letter—Dated 29^th 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: 5397.55 (33.05) Resis – 5500, 5550, 5600, 5700, 5850 Supports – 5300, 5200, 5050, 4900, 4820

SENSEX: Last Close: 17957.37 (120.24) Resis – 18300, 18500, 18850, 19000 Supports – 17750, 17500, 17000, 16550, \

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

Nifty can show volatility due to F&O expiry today. One can trade with strict stop loss & trade both side of swings in the Mkt. Nifty has support at 5350-5330. Hot Sector for Today: Bank.

BTST/ STBT in Last Trade (Cash /Fut.): RNRL (Buy–43; SL- No Sl; Tgt1-44, Tgt2- 44.50 & Abv)

Hot in Street— Aban, Asianpaints, Hexaware, Kfa, Lichsgfin, Auropharma, Excidend, Abb, Petronet etc.

Result Today—   Petronet, Ultratech, Hdil, Gspl, Siemens, Oriental bank of commerce, ABAN, Apollo tyres ltd, Bankbaroda, Geship, Central bank of india, Federalbank, Hcltech, Herohonda, Ongc, Sail, Nagarfert etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
VOLTAS (207.25)	Must Sell At Opening	204	202—200	212	Stock can show profit booking today, watch.
SIEMENS (725.20)	Buy C/Fut. At 725-710	740	750—760	700	Watch out today, expected good run to 800+.
Derivative- Future (Strategy for today)
EXIDEIND (141.00)	Must Buy At Opening	144	145.5—147	Bel 136	Max Profits: Unlimited	Good scrip for day trader, Must buy.
……………… (…….)	………………..	Hedging Position			Max Loss: Rs  6000
ORIENTBANK (357.9)	Sell At 359—365	352	349—345	Abv 370	Max Profits: Unlimited	Profit booking expected today.
………………  (………)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs 5000
Derivative- Option Strategy
ABAN CA 900 (14.10)	Must Buy At 12—8	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Very Good strategy for today, on expiry day.
ABAN PA 860 (4.30)	Sell 2 Lots with CA 900				Max Loss: Rs 3000

 

Last Trade (28^th July 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss:Rs.26362.50 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 (19^th – 23^rd July) http://nse-bse.blogspot.com/2010/07/weekly-performance-report-including-all_23.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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