Daily News Letter Dated 16th September 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 September 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: 5860.95 (65.40) Resis – 5840, 5900, 6000, 6200, 6300 Supports – 5500, 5350, 5260, 5200, 5050

SENSEX: Last Close: 19502.11 (155.15) Resis – 19500, 19700, 20000, 20700 Supports – 18300, 17800, 17500, 17000

Sensex Range This Week: 18300 - 19000 above which it will touch 19500 & Below Tgt 17500; Support at 18000 closing.

Today is crucial day for the Mkt due to RBI meeting & announcement. Nifty expected sharp movements in mid-session, probably on higher side. Hot Sector for Today: IT & Banking.

BTST/ STBT in Last Trade (Cash /Fut.): BHARTIARTL (Buy– 356.80; SL- 352; Tgt1- 360; Tgt2- 362+)

POWERGRID (Buy– 107.45; SL- 105.50; Tgt1- 109.50; Tgt2- 111+)

Hot in Street — Ofss, Patni, Idfc, Gail, Finantech, Siemens, Lichsgfin, Hcltech, Techm, Idbi, Bhusanstl etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
UNITECH (85.90)	Must Buy At Opening	87.5	88.20—89	84	We see a rise toward 90-95 this month, SL 80.
VIJAYA BANK (85.60)	Buy C/Fut. At 85.5—84	87	87.7—88.5	83	Mid-cap banking stocks r looking hot on charts.
Derivative- Future (Strategy for today)
TECHM (741.45)	Must Buy At 742—735	755	762—769	Bel 725	Max Profits: Unlimited	One can make long position, Tgt 380-400
TECHM PA 700 (10.0)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs  2500
OPTOCIRCUI (314.00)	Buy At 314—308	319	322—325	Bel 305	Max Profits: Unlimited	One should buy at dips for super gain.
……………. (………)	……………	Hedging Position			Max Loss: Rs. 3000
=Derivative- Option Strategy
IFCI CA 60 (2.15)	Must Buy At 2.1—1.5	Options Trading strategy for High Risk - High Gain.			Max Profits: Unlimited	Trade & hold for 2-4 days for good gains.
IFCI PA 57.50 (0.75)	Sell 2 Lot with CA 60				Max Loss: Rs 6000

 

Last Trade (15^th September 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 79129.00 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.

Monthly trading picks for September 2010.
HCC (56.35)	Must Buy At 56—54	60	63—65	52	Booked max profits around 65 levels, rest hold
STER (151.15)	Grab At 150—145	157	161—165	142	Booked 75% profit around 173 level, rest hold
REL CAPITAL (757.7)	Buy At 755—740	790	805—820	Bel 720	Book 75% around 825-830 & revise SL at 790.
AXIS BANK (1324.85)	Sell At 1335—1370	1250	1220-1200	Abv 1400	Stock hit SL, made exit as all banking r on fire

 

Weekly Performance Report (6^th - 10^th Sept) http://nse-bse.blogspot.com/2010/09/weekly-performance-report-including-all_09.html

Monthly Performance Equity Calls (Aug): http://nse-bse.blogspot.com/2010/08/monthly-performance-report-including.html

Monthly Performance All Nifty Calls (Aug): http://nse-bse.blogspot.com/2010/08/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (Aug) http://nse-bse.blogspot.com/2010/08/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