Daily News Letter Dated 26th 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 26^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: 5462.35 (42.75) Resis – 5550, 5600, 5700, 5750, 5900 Supports – 5400, 5300, 5200, 5050, 4900

SENSEX: Last Close: 18179.64 (131.95) 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.

Nifty will open around 5480-5500 mark & will face hurdle at 5520 for further up move. One can sell on rise with SL 5550 for free fall in mid-session. Hot Sector for Today: Bank & IT.

BTST/ STBT in Last Trade (Cash /Fut.): ONGC (Buy–1275; SL- No Sl; Tgt1- 1298; Tgt2- 1310)

Hot in Street— Nationallum, Ruchisoya, Idea, Patni, Orientbank, Andhrabank, Crompgreave, Ster, Pnb etc.

Result Today--- Broadcast initiatives, Viceroy hotels, Bajaj corp, Kcp, Rei six ten Retail, Su-raj diamonds etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
HOTEL LEELA (49.95)	Must Buy At 49.75—49	51	51.5—52	48.5	The scrip can show good rise toward 53—54+.
IOC (400.75)	Sell C/Fut. At 402—410	393	390—386	415	All oil marketing stk can show profit booking.
Derivative- Future (Strategy for today)
MUNDRAPORT (798)	Must Buy At 798—785	810	817—825	Bel 775	Max Profits: Unlimited	All shipping stocks can show gain today.
…………. (………..)	……………..	Hedging Position			Max Loss: Rs  5000
CROMPGREAV (287)	Buy At 287—283	292	295—298	Bel 280	Max Profits: Unlimited	Good for intra-day traders, keep SL.
…………… (………)	……………….	Hedging Position			Max Loss: Rs. 3000
=Derivative- Option Strategy
RIL-Sep CA 980 (27.60)	Must Buy At 26—22	Options Trading strategy At Very High Risk - High Gain.			Max Profits: Unlimited	Buy & hold for 5-7 trading days for gain.
RIL-Sep PA 940 (14.00)	Sell 2 Lots with CA 980				Max Loss: Rs 6000

 

Last Trade (25^th August 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss:Rs.32375.00 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	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