Daily News Letter Dated 9th 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 9^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: 5607.85 (3.85) Resis – 5650, 5700, 5800, 5900, 6000 Supports – 5350, 5300, 5200, 5050, 4900

SENSEX: Last Close: 18666.71 (21.65) Resis – 18800, 19000, 19350, 19700 Supports – 17800, 17500, 17000, 16500

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

Opening will be good but 2^nd half session will be in favor of bears. We are at peak where volatility is natural & panic selling will be seen. Hot Sector for Today: R-Group Stocks.

BTST/ STBT in Last Trade (Cash /Fut.): RECLTD (Buy– 350.50; SL- 347; Tgt1- 355; Tgt2- 358+)

TTML (Buy– 23.50; SL- 23; Tgt1- 24; Tgt2- 24.30; Tgt3- 24.70++)

Hot in Street — Mll; Idbi; Noidatoll; Iob; Coreprot; Optocircui; Hdil; Gvkpil; Bharti; Hpcl; Albk; Idea etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
IFCI (60.40)	Must Buy At 60—59	61.50	62.20—63+	58	Something cooking in the scrip, Ready 2 explode
POLARIS (176.75)	Buy C/Fut. At 176-173	180	182—184	170	Good scrip 4 day-traders, take risk & buy at dip
Derivative- Future (Strategy for today)
M&M (635.35)	Must Buy At 633—620	645	651—657	Bel 610	Max Profits: Unlimited	All Auto stocks can show momentum.
M&M PA 620 (8.25)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs  2500
RCOM (164.35)	Buy At 164—161	167	168.5—170	Bel 158	Max Profits: Unlimited	We can see v. good recovery in telecom.
RCOM PA 160 (3.50)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 6000
=Derivative- Option Strategy
IDFC CA 190 (3.60)	Must Buy At 3.5—3.0	Options Trading strategy for High Risk - High Gain.			Max Profits: Unlimited	Trade & hold for 1-2 weeks for good gains.
IDFC PA 180 (1.90)	Sell 2 Lots with CA 190				Max Loss: Rs 6000

 

Last Trade (7^th  September 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 129800.00 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 75% profits around 63 levels, rest hold
STER (151.15)	Grab At 150—145	157	161—165	142	Booked 75% profit around 168 level, rest hold
REL CAPITAL (757.7)	Buy At 755—740	790	805—820	Bel 720	Book 50% around 795-800 & revise SL at 750.
AXIS BANK (1324.85)	Sell At 1335—1370	1250	1220-1200	Abv 1400	Keep tight SL of 1400 on closing basis & hold.

 

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 (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

 

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