Daily News Letter Dated 16th 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 16^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: 5452.10 (35.65) Resis – 5500, 5550, 5600, 5700, 5850 Supports – 5300, 5200, 5050, 4900, 4820

SENSEX: Last Close: 18167.03 (93.13) 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 open in –ve zone but recovery can be seen later. Overall the sentiment remains bearish for the day & Nifty will find support around 5350. Hot Sector for Today: Sugar.

BTST/ STBT in Last Trade (Cash /Fut.): BALRAMCHIN (Buy–85; SL- No Sl; Tgt1- 86.50; Tgt2- 87.25; Tgt3- 88)

Hot in Street— Patni, Titan, Indianbank, Centurytex, Yesbnk, Onmobile, Kfa, Suntv, Ibrealest, Cairn etc.

Result Today--- Nava Bharat ventures ltd, Fiem industries, Pvp ventures ltd, Shree ganesh forgings ltd etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
CAIRN INDIA (355.45)	Must Buy At 355—345	361	364—367	340	Good news floating the street, can rise to 380+
BAJAJ HIND (117.70)	Buy C/Fut. At Opening	120	121.5—123	114	Sugar stocks are showing sign of bounce back.
Derivative- Future (Strategy for today)
NATIONALUM (414.3)	Must Buy At 412—405	420	424—430	Bel 400	Max Profits: Rs. 20000	Good result can give good rise to 450+.
…………… (……..)	…………….	Hedging Position			Max Loss: Rs  5000
POWERGRID (101.75)	Buy At 101.50—99	103.5	105—106	Bel 98	Max Profits: Unlimited	Worst is over for time being, Tgt 110.
POWERGR PA100(1.0)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 2000
Derivative- Option Strategy
EDUCOMP CA600(18)	Must Buy At 16--12	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Good strategy to hold for this week for gains.
EDUCOMP PA580 (20)	Buy 1 Lot with CA 600				Max Loss: Rs 5000

 

Last Trade (13^th August 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss:Rs.78575.00 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 (9^th – 13^th Aug) http://nse-bse.blogspot.com/2010/08/weekly-performance-report-including-all_13.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