Daily News Letter Dated 8th 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 8^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: 5241.10 (47.95) Resis – 5400, 5500, 5550, 5600, 5700 Supports – 5050, 4900, 4820, 4700, 4600

SENSEX: Last Close: 17471.03 (143.45) 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.

Mkt will open with huge gap up toward 5310-5330 levels & can climb toward 5350, but profit booking will be seen which can drag Nifty to 5280 levels today. Hot Sector for Today: Airline.

BTST/ STBT in Last Trade (Cash /Fut.): PATELENG (Buy–428; SL- No Sl; Tgt1-433; Tgt2- 435; Tgt2- 438)

Hot in Street— Bhartiartl, Rcom, Relcapital, Powergrid, Tcs, Bhel, Hindunilvr etc.

Result Today— Pateleng, Banaras beads ltd, Atlas cycles (haryana) ltd etc.

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
KFA (50.00)	Must Buy At 50—49	51	52—53++	48	All airline stocks will be flying high, Tgt 55+.
SUZLON (58.15)	Buy C/Fut. At 58—57	59.5	60—61	56	One can go long with SL 55 for Tgt 65-67 soon.
Derivative- Future (Strategy for today)
IDEA (59.05)	Must Buy At 59—58	60	61—62	Bel 57	Max Profits: Rs. 12000	Stock will soon head toward 62—65 level.
IDEA PA 57.5 (1.40)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
ABAN (843.30)	Grab At 840—825	857	865—873	Bel 815	Max Profits: Unlimited	Stock is highly over sold on charts, T-900
ABAN PA 820 (22.50)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 2500
Derivative- Option Strategy
SBIN CA 2300 (59.00)	Must Buy At 59—50	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & Hold for 1 week for good gains.
SBIN PA 2250 (26.50)	Sell 2 Lot with CA2300				Max Loss: Rs. 7000

 

Last Trade (7^th July 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 15850.00 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.
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 (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

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