Daily News Letter Dated 2nd 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 2^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: 5251.40 (61.10) Resis – 5400, 5500, 5550, 5600, 5700 Supports – 5050, 4900, 4820, 4700, 4600

SENSEX: Last Close: 17509.33 (191.57) Resis – 18000, 18300, 18500, 18850 Supports – 17000, 16550, 16300, 16000

Sensex Range This Week: 16800 - 18000 above which it will touch 18300 & Below Tgt 16500; Resis at 18000 closing.

Nifty is showing volatility as predicted, you can sell on rise with Nifty Tgt 4900-4700 in this month itself, and one should keep SL 5400 on closing basis. Hot Sector for Today: Banking.

BTST/ STBT in Last Trade (Cash /Fut.): GAIL (Buy–471; SL- No Sl; Tgt1-480; Tgt2- 484 ; Tgt3- 488)

BPCL (Sell– 665; SL- No Sl; Tgt1-650 & Bel)

Hot in Street— Mcleodruss, Jisljaleqs, Neyvelilig, Mphasis, Bankindia, Bankbaroda, Ifci, Hindunilvr etc.

Result Today— No Result Today.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
ORCHIDCHEM (168.0)	Must Buy At 168—164	171	172.5—174	162	One of our favorite pick, remain long Tgt 180+
RUCHISOYA (108.50)	Buy C/Fut. 108—105	110	111—112	103	Something cooking for big blast, Tgt 115-120+
Derivative- Future (Strategy for today)
FORTIS (154.95)	Must Buy At 154—151	157.5	159—161	Bel 149	Max Profits: Rs. 14000	Good buying seen in last trading session.
FORSTIS PA 140 (1.55)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
MTNL (66.00)	Buy At 66—64	67.50	68.25—69	Bel 63	Max Profits: Unlimited	Some news expected soon, Tgt 75-80+.
MTNL PA 60 (0.65)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs 4000
Derivative- Option Strategy
IDBI CA 120 (2.85)	Must Buy At 2.70—2.0	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Keep SL 110 in spot & trade long till expiry.
IDBI PA 110  (1.70)	Sell 2 Lots with CA 120				Max Loss: Rs. 5000

 

Last Trade (1^st July 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 31450.00 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)
……………. (141.05)	Buy At Dips to 138—133	153	157—165	129	The scrip is beaten among the oil sector, watch
………………(262.15)	Must Buy At 260—250	280	287—295	245	Hidden gem among mid-cap sector, Go Long.
………………. (9505.00)	Sell At 9600—9750	9200	9000-8750	9850	One should sell on rise to 9600-9750 with SL.
……………….. (31.9)	Grab Bulk At 31—29.5	34.5	36—37.5	28.5	All Fertilizer stocks can show good run in July.

 

Weekly Perf Report (21^st – 25^th June) http://nse-bse.blogspot.com/2010/06/weekly-performance-report-including-all_25.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

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