Daily News Letter Dated 12th 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 12^th August 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: 5420.60 (40.10) Resis – 5500, 5550, 5600, 5700, 5850 Supports – 5300, 5200, 5050, 4900, 4820

SENSEX: Last Close: 18070.19 (149.80) 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 will show gap down opening toward 5380 levels. Mkt is looking exhausted & can show further fall toward 5300-5200 in coming days, remain short. Hot Sector for Today: Oil & Gas.

BTST/ STBT in Last Trade (Cash /Fut.): CIPLA (Buy–314; SL- No Sl; Tgt1- 322; Tgt2- 325 & Abv)

 TATASTEEL (Sell–524; SL- No Sl; Booked Partial At 518 Same Day)

Hot in Street— Tatacomm, Finantech, Tatamotors, Petronet, Hindpetro, Jindalsteel, Relcapital, Biocon etc.

Result Today--- Sbin, Mtnl, Tatastl, Renuka, Tatapower, Ranbaxy, Hindoilexp, Moserbaer, Divislab, Ptc etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
ONGC (1236.35)	Must Buy 1234—1220	1250	1260-1272	1210	Stock is showing +ve move on charts, Tgt 1275.
ABAN (859.10)	Sell C/Fut. At 860-875	845	837—830	882	Profit booking toward 840-825 expected today.
Derivative- Future (Strategy for today)
ICICIBANK (960.25)	Must Sell At 960—980	942	934—925	Abv 990	Max Profits: Unlimited	Intra-day trader can sell with hedging.
ICICIBK CA 980 (15.4)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs  2500
NEYVELILIG (159.60)	Buy At 159—156	162	163.5—165	Bel 154	Max Profits: Unlimited	Keep an eye, expect to blast toward 165.
NEYVELI PA150 (2.10)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 4000
Derivative- Option Strategy
INDIACEM CA110(1.5)	Must Buy At 1.5—1.20	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Good strategy to hold for 5-7 days for gains.
INDIACEM PA100(0.8)	Sell 2 Lot with CA 110				Max Loss: Rs 3000

 

Last Trade (11^th August 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss:Rs.26250.00 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)
INDIACEMENT(106.6)	Must Buy At 105—101	114	118—122	98	Booked 50% profits at 110 & revise SL at 100.
…………… (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