Daily News Letter Dated 9th 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 9^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: 5296.85 (55.75) Resis – 5400, 5500, 5550, 5600, 5700 Supports – 5050, 4900, 4820, 4700, 4600

SENSEX: Last Close: 17651.73 (180.70) 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.

Today the Mkt will be in narrow range in first half of session, but we see sharp swings in 2^nd half. We are warning again to be mostly in cash & avoid long. Hot Sector for Today: Oil.

 

BTST/ STBT in Last Trade (Cash /Fut.): INFOSYS (Sell–2835; SL- 2860; Tgt1-2800; Tgt2- 2780 & Bel)

IOC (Buy–400; SL- No Sl; Tgt1-407; Tgt2- 410; Tgt3- 413)

Hot in Street—Bpcl, Gtl, Godrejind, Bharatforg, Hindpetro, Idbi, Cesc, Ster, Hcc, Titan, Essaroil etc.

Result Today—Supreme tex mart ltd, Titagarh wagons ltd, Indusind bank ltd, Gijrat nre coke ltd etc

 

SCRIPTS   (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	REMARKS
Hot Today
PETRONET (78.45)	Must Buy At 78—76	80	81—82	75	Something cooking for good run toward 85-90
STER (165.00)	Sell C/Fut. At 165—168	162	160.5—159	170	All metal stocks can show profit booking soon.
Derivative- Future (Strategy for today)
ESSAROIL (141.50)	Must Buy At 141—138	144	145.5—147	Bel 136	Max Profits: Rs. 14000	Low risk & high gain stock in Oil.
ESSARO PA 130 (1.65)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
BALRAMCHIN (84.65)	Buy At 84.5—83	86	87—88	Bel 82	Max Profits: Unlimited	One must go long in sugar stocks now.
BALRAM PA 80 (0.85)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs 4000
Derivative- Option Strategy
NIFTY PE 5300 (88.00)	Must Buy At 80—65	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Trade & Hold for 1-2 week for good gains.
NIFTY CE 5400 (44.00)	Sell 2 Lot with PE5300				Max Loss: Rs. 4000

 

Last Trade (8^th July 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 30400.00 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	The scrip is beaten among the oil sector, watch
TATACOMM (262.15)	Must Buy At 260—250	280	287—295	245	Booked partial at 270, Revise SL at cost 2 cost.
BANKNIFTY (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

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