Daily News Letter Dated 24th 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 24^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: 5543.50 (12.85) Resis – 5550, 5600, 5700, 5750, 5900 Supports – 5400, 5300, 5200, 5050, 4900

SENSEX: Last Close: 18409.35 (7.53) Resis – 18500, 18850, 19000, 19500 Supports – 18000, 17800, 17500, 17000

Sensex Range This Week: 17750 - 18800 above which it will touch 19100 & Below Tgt 17300; Support at 17750 closing.

Today the Mkt will open on –ve side with support at 5520-5500 but bounce back & recovery can be seen in later trades. One can buy at dips for gain. Hot Sector for Today: Metal & IT.

~~*~~ Happy Raksha Bandhan to all of you. ~~*~~

BTST/ STBT in Last Trade (Cash /Fut.): TATASTEEL (Buy–522 SL- No Sl; Tgt1- 533; Tgt2- 538)

NTPC (Buy–194 SL- 192; Tgt1- 198; Tgt2- 200)

Hot in Street— Bpcl, Ispat, Litl, Titan, Hindpetro, Abirlanuvo, Gvkpil, Tataglobal, Apollotyres, Petronet etc.

Result Today--- Dynacons systems & solutions, Super forgings & steels, Venus remedies, Pochraju ind etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
ISPAT IND (19.30)	Must Buy 19.20—18.5	19.80	20.0—20.5	18	No risk & only gain, Our final Tgt 22-24 soon.
ROLTA (174.95)	Buy C/Fut. 174—171	177.5	179—181	169	All mid-cap IT stocks are looking hot for rise.
Derivative- Future (Strategy for today)
AREVAT&D (302.25)	Must Buy At 302—296	308	311—315	Bel 293	Max Profits: Unlimited	Good scrip for day traders, keep hedge.
AREVA PA 300 (1.55)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs  3000
MPHASIS (607.45)	Grab At 605—595	618	624—630	Bel 590	Max Profits: Unlimited	Stock can blast toward 650+ levels..
MPHASIS PA600 (7.0)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 3500
=Derivative- Option Strategy
SESAGOA CA 330 (3.8)	Must Buy At 32—25	Options Trading strategy At Very High Risk - High Gain.			Max Profits: Unlimited	Good strategy to hold till expiry for gains.
SESAGOA CA 330 (3.8)	Sell 2 Lot with PA2800				Max Loss: Rs 2500

 

Last Trade (23^rd August 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss:Rs.77843.80 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	Tg21 hit on 23rd Aug book 75% profits here.
FORTIS (155.50)	Buy At 154—148	162	166—170	Bel 145	Tgt2 hit on 23rd Aug book 75% profits here.
………………… (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 (16^th – 20^th Aug) http://nse-bse.blogspot.com/2010/08/weekly-performance-report-including-all_20.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