Daily News Letter Dated 17th 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 17^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: 5418.30 (33.80) Resis – 5500, 5550, 5600, 5700, 5850 Supports – 5300, 5200, 5050, 4900, 4820

SENSEX: Last Close: 18050.78 (116.25) 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.

Mkt can show further profit booking after opening in +ve zone today. One should sell on rise for intra-day gains. We advise to be in cash until clarity comes. Hot Sector for Today: Bank.

BTST/ STBT in Last Trade (Cash /Fut.): NTPC (Buy–196; SL- 193; Tgt1- 200; Tgt2- 201.50; Tgt3- 203)

VIJAYABANK (Buy–78.20 SL- No Sl; Booked Partial At 79 Same Day)

Hot in Street— Cumminsind, Noidatoll, Lichsgfin, Ucobank, Tatachem, Bajajhind, Grasim, Dishtv, Idbi etc.

Result Today--- Educomp, Mawana sugars ltd, Fertilizers and chemicals Travancore ltd etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
IDBI (123.90)	Grab C/Fut. 123.5-121	126	127.5—129	119	Our favorite stock, going to show 140++ soon.
EDUCOMP (578.70)	Sell C/Fut. At Opening	570	565—560	595	Stock can show free fall toward 550 level today
Derivative- Future (Strategy for today)
JSWSTEEL (1109.20)	Must Sell At 1110-1130	1090	1080-1070	Abv 1150	Max Profits: Rs. 20000	Profit booking can be seen toward 1050.
JSWSTL CA1150 (11.5)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs  5000
PRAJIND (80.15)	Buy At 80—78.5	81.5	82.5—84	Bel 77	Max Profits: Unlimited	Short covering can be seen, Tgt 85+.
PRAJIND PA 80 (1.80)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 6000
Derivative- Option Strategy
IDFC CA 180 (4.35)	Must Buy At 4—3	Options Trading strategy At Very Low Risk - High Gain.			Max Profits: Unlimited	Good strategy to hold for this week for gains.
IDFC PA 180 (2.10)	Buy 1 Lot with CA 180				Max Loss: Rs 6000

 

Last Trade (16^th August 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss:Rs.44950.00 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.
BAJAJ HIND (115.25)	Buy At 114—110	124	128—133	105	Tgt1 hit on 16th Aug book 50% profits here.
………………. (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