Daily News Letter Dated 6th 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 6^th 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: 5235.90 (1.20) Resis – 5400, 5500, 5550, 5600, 5700 Supports – 5050, 4900, 4820, 4700, 4600

SENSEX: Last Close: 17441.44 (19.91) 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.

Stock specific movement will be seen & selling pressure will emerge at higher levels around 5280-5310 zone. The time is good for day-traders for gain. Hot Sector for Today: Mid-cap IT.

BTST/ STBT in Last Trade (Cash /Fut.): BHARTIARTL (Buy–267; SL- 263; Tgt1-272; Tgt2- 275 & Abv)

Hot in Street— Ashokley, Hexaware, Nagarfert, Gspl, Tv-18, Techm, Concor, Rpower, Pirhealth etc.

Result Today— Religare enterprises ltd, Zodiac cloth ltd, Sjvn ltd, Chemfab alkalis ltd, Tecilchem etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
ROLTA (167.05)	Must Buy At 167—164	170	171.5—173	162	Good stock for traders, We see Tgt 180+ soon.
TV-18 (97.10)	Buy C/Fut. At 97—95	99	100—102	93.5	We expect good buying & one side movement.
Derivative- Future (Strategy for today)
EKC (133.15)	Must Buy At 133-130	136	137.5—139	Bel 128	Max Profits: Rs. 12000	Intra-day traders can trade with SL.
……….. (………)	………….	Hedging Position			Max Loss: Rs. 4000
MLL (46.40)	Buy At 46—45	47.5	48—49	Bel 44	Max Profits: Unlimited	Highly oversold on charts, keep hedge.
MLL PA 45 (0.95)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 4000
Derivative- Option Strategy
SUZLON CA 60 (1.85)	Must Buy At 1.7—1.5	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	One can trade in bulk with keeping spot sl 55
SUZLON PA 55 (1.05)	Sell 2 Lots with CA 60				Max Loss: Rs. 6000

 

Last Trade (5^th July 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 11787.50 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)
…… (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 (28^th – 2^nd July) http://nse-bse.blogspot.com/2010/07/weekly-performance-report-including-all.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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