Daily News Letter Dated 10th August 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 10^th August 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: 5486.15 (46.90) Resis – 5500, 5550, 5600, 5700, 5850 Supports – 5300, 5200, 5050, 4900, 4820

SENSEX: Last Close: 18287.50 (143.51) Resis – 18300, 18500, 18850, 19000 Supports – 17750, 17500, 17000, 16550, \

Sensex Range This Week: 17300 - 18200 above which it will touch 18500 & Below Tgt 16700; Resis at 18300 closing.

Nifty can show good opening but it will be a selling opportunity at every rise. We do not see any reason to be with the bulls, the fall will be sudden. Hot Sector for Today: Infra & Metal.

BTST/ STBT in Last Trade (Cash /Fut.): IVRCLINFRA (Buy–175; SL- No Sl; Tgt1- 178; Tgt2- 180 & Abv)

ROLTA (Buy–177.50; SL- No Sl; Tgt1- 182; Tgt2- 183 & Abv)

Hot in Street— Onmobile, Sobha, Educomp, Unitech, Tatacomm, Centurytex, Ambujacem, Hdil, Iob, Dlf etc.

Result Today--- Amtekauto, Gtoffshore, Rolta, Ivrclinfra, Tatamotors, Pirhealth, Nagarconst, Educomp etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
INDIA CEMENT (109)	Must Buy At 109—107	111.50	113—115	105	All cement stocks are looking hot for good rise.
RENUKA (67.65)	Buy C/Fut. At 67.5—66	69	70—71+	65	News based movement can be seen in sugars.
Derivative- Future (Strategy for today)
TATASTEEL (540.85)	Must Buy At Opening	549	555—560	Bel 525	Max Profits: Unlimited	Stock can fly toward 560++ levels today.
TATASTL PA 520(7.30)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs  4000
FORTIS (156.95)	Buy At 156.5—154	159.50	161—163	Bel 152	Max Profits: Unlimited	Short covering can be seen in the scrip.
FORTIS PA 150 (1.25)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 4000
Derivative- Option Strategy
IFCI PA 60 (1.65)	Must Buy At 1.60—1.2	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	One can trade & hold till expiry 4 good gains.
IFCI CA 65  (0.55)	Sell 2 Lots with PA 60				Max Loss: Rs 10000

 

Last Trade (9^th August 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss:Rs.16150.00 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 (August 2010)
……………(106.6)	Must Buy At 105—101	114	118—122	98	A good scrip 4 long traders, low risk high gain
………………. (115.25)	Buy At 114—110	124	128—133	105	All sugar stock are oversold on chart, buy now
……………. (155.50)	Buy At 154—148	162	166—170	Bel 145	News based good upmove expected toward 175
…………….. (67.35)	Grab in Bulk At 66—63	72	75—78	Bel 60	Sleeping tiger, Worst is over for the stock T 90.

 

Weekly Performance Report (2^nd – 6^th Aug) http://nse-bse.blogspot.com/2010/08/weekly-performance-report-including-all.html

Monthly Performance Equity Calls (July): http://nse-bse.blogspot.com/2010/07/monthly-performance-report-including.html

Monthly Performance All Nifty Calls (July): http://nse-bse.blogspot.com/2010/07/monthly-performance-report-nifty.html

Monthly Performance Comm. Calls (July) http://mcx-ncdex.blogspot.com/2010/07/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.ibnservice.com/ Call: (91) 9899909899