Daily News Letter Dated 24th 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 24^th 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: 5437.35 (31.85) Resis – 5550, 5620, 5700, 5800, 5920 Supports – 5200, 5100, 5000, 4900, 4800

SENSEX: Last Close: 18178.33 (117.83) Resis – 18500, 18800, 19100, 19600 Supports – 17300, 17000, 16650, 16300

Sensex Range This Week: 17500 - 18500 above which it will touch 19000 & Below Tgt 17000; Resis at 18500 closing.

Again we won with our analysis, Nifty fell as written yesterday & we can see more downside toward 5400-5370 levels today, one should sell on rise. Hot Sectors for Today: Auto & R-Grp.

BTST/ STBT in Last Trade (Cash /Fut.): BPCL (Buy – 561; SL- NO SL; Tgt Later)

BANKINDIA (Sell – 450; SL- 455; Tgt Later)

Hot in Street — Relinfra, Abb, Herohonda, Tatacomm, Pantaloonr, Hexaware, Ruchisoya, Bankindia etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
KSOILS (32.50)	Must Buy At 32.5-31.5	33.20	33.60—34+	31	Short covering can be seen today, trade with SL.
POLARIS (188.05)	Sell At 188—192	185	183—181	195	All IT stocks are looking weak for free fall today
Derivative- Future (Strategy for today)
RPOWER (114.50)	Must Buy At 114.5-112	117	118.5—120	Bel 110	Max Profits: Unlimited	Anytime explosion of 10-20% can be seen.
RPOWER PE110 (0.50)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs  4000
HEROHONDA (1477.8)	Buy At 1470—1440	1500	1515-1530	Bel 1420	Max Profits: Unlimited	Good news can drive the stk toward 1600+
HEROH PE 1450 (8.10)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 2500
Derivative- Option Strategy
RCOM CE 95 (2.60)	Must Buy At 1.8—1.0	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One can trade in bulk for today for gain.
RCOM PE 95 (1.0)	Buy 1 Lot with CE 95				Max Loss: Rs. 4000

 

Last Trade (23^rd February 2011) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 127200.00 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.
APOLLO TYRE (51.40)	Must Buy At 51—49	57	60—63	Bel 47	Booked 75% at 60 & revise SL cost to cost.
BOM DYEING. (385.7)	Grab At 380—367	410	425—440	Bel 350	Booked partial at 400 & add more if dip to 370
INDIA INFO (75.95)	Buy At 75.5—73	82	85—88+	Bel 70	SL hit pls exit.
L&T (1641.15)	Buy At 1640—1600	1800	1850-1900	1550	SL hit pls exit.

 

Weekly Performance Report (14^th – 18^th Feb) http://nse-bse.blogspot.com/2011/02/weekly-performance-report-including-all_11.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