Daily News Letter- Dated 31st August 2010---Gain from us. Visit: http://www.ibnservices.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 31^st 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: 5415.45 (6.45) Resis – 5550, 5600, 5700, 5750, 5900 Supports – 5350, 5300, 5200, 5050, 4900

SENSEX: Last Close: 18032.11 (33.70) Resis – 18500, 18850, 19000, 19500 Supports – 17800, 17500, 17000, 16500

Sensex Range This Week: 17750 - 18500 above which it will touch 18800 & Below Tgt 17300; Support at 17750 closing.

Mkt will open weak but a bounce back can be seen in mid-session. Overall the sentiment will remain negative for coming days & selling will be seen on rise. Hot Sector for Today: Metals.

BTST/ STBT in Last Trade (Cash /Fut.): UNITECH (Buy–78.40; SL- No SL; Tgt1- 79.80; Tgt2- 80.30-)

NTPC (Buy –195.60; SL- 192; Tgt1- 198; Tgt2- 200)

Hot in Street— Kfa, Auropharma, Noidatoll, Pfc, Powergrid, Tatasteel, Hoteleela, Biocon, Sintex, Ongc etc.

Result Today--- Arvind Remedies ltd, Maha Rashtra Apex corp, Maharashtra Seamless Ltd etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
TATASTEEL (527.95)	Must Buy At 525-515	535	540—545	510	Bullish trend seen for upside Tgt 560—580 soon.
ACC (873.45)	Buy C/Fut. At 871-857	885	892—900	850	All cement stocks are bullish in coming days.
Derivative- Future (Strategy for today)
NOIDATOLL (36.00)	Must Buy At 35.80—35	36.75	37.25—38	Bel 34.5	Max Profits: Unlimited	Good buying seen in last trading session.
NOIDATO PA 35 (1.25)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs  4000
WELCORP (239.15)	Buy At 238—234	243	246—249	Bel 230	Max Profits: Rs. 11000	Hidden gem among Mid-Cap sector.
………….. (………)	……………….	Hedging Position			Max Loss: Rs. 4000
=Derivative- Option Strategy
M&M CA 620 (18.85)	Must Buy At 18—14	Options Trading strategy for High Risk - High Gain.			Max Profits: Unlimited	Buy & hold for 2-5 days for good gain.
M&M PA 600 (15.75)	Buy 1 Lot with CA 620				Max Loss: Rs 3000

 

Last Trade (30^th August 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 44750.00 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 (23^rd - 27^th Aug) http://nse-bse.blogspot.com/2010/08/weekly-performance-report-including-all_27.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