Daily News Letter Dated 1st February 2011---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 1^st February 2011

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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: 5505.90 (6.25) Resistance – 5700, 5800, 5950, 6030 Supports – 5400, 5300, 5200, 5050, 4900

SENSEX: Last Close: 18327.76 (68.21) Resistance – 19000, 19300, 19800, 20000 Supports – 18000, 17650, 17300

Sensex Range This Week: 18000 - 19000 above which it will touch 19500 & Below Tgt 17300; Support at 18000 closing.

Mkt has taken a bottom around 5400 & given pull back. Nifty can next rise toward 5580-5620 levels & above which there will sharp rally upside. Hot Sector for Today: Auto & Banking.

BTST/ STBT in Last Trade (Cash /Fut.): CANBNK (Sell – 600; SL- No Sl; Booked Partial At 591 Same Day)

ASHOKLEY (Buy – 58.50; No Sl; Booked Partial At 59.50 Same Day)

Hot in Street — Siemens, Crompton, Canbnk, Bnkbaroda, Bel, Litl, Ongc, Centralbnk, Drreddy, Dabur etc.

Result Today — Syndibank, Nmdc, Bankindia, Amd industries, Blue dart express, Centyru extussions etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
DENA BANK (104.80)	Must Buy At 104.5-102	106.5	108—110	100	All mid-cap banking stocks can show good rise.
CIPLA (332.25)	Buy At 332—325	338	341—345	320	Keep an eye on pharma stocks, expect pull back.
Derivative- Future (Strategy for today)
STER (165.90)	Must Buy At 165—162	168.5	170—172	Bel 160	Max Profits: Unlimited	Worst is over for the stock, Tgt 180-185+
STER PE 160 (4.60)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs  4000
BAJAJ-AUTO (1259.0)	Buy At 1255—1230	1280	1292-1305	Bel 1210	Max Profits: Unlimited	Highly oversold, see a sharp reversal now
BAJAJA PE 1200 (28.0)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 5000
Derivative- Option Strategy
IDFC CE 150 (5.40)	Must Buy At 5.3—4.0	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade in bulk & hold for 2-4 days for gains.
IDFC PE 140 (2.80)	Sell 2 Lot with CE 150				Max Loss: Rs. 10000

 

Last Trade (31^st  January 2011) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 95650.00 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 February 2011.
…………. ……(51.40)	Must Buy At 51—49	57	60—63	Bel 47	Low risk & high gain stock, trade long Tgt 70+
………………….(385.7)	Grab At 380—367	410	425—440	Bel 350	One can buy at dips for good upside, Tgt 500+
…………………..(75.95)	Buy At 75.5—73	82	85—88+	Bel 70	Bulk deal seen in the scrip, take a risk & buy.
…………… (1641.15)	Buy At 1640—1600	1800	1850-1900	1550	We see good upside in next few weeks, go long.

 

Weekly Performance Report (24^th Jan – 28^th Jan) http://nse-bse.blogspot.com/2011/01/weekly-performance-report-including-all_28.html

Monthly Performance Equity Calls (Jan): http://nse-bse.blogspot.com/2011/01/monthly-performance-report-including.html

Monthly Performance All Nifty Calls (Jan): http://nse-bse.blogspot.com/2011/01/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (Jan) http://nse-bse.blogspot.com/2011/01/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.caom Visit: http://ibnservices.blogspot.com/ OR http://www.ibnservice.com/ Call: (91) 9899909899