Daily News Letter Dated 17th March 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 17^th March 2011

E-Mail: info@ibnservice.com or ibnservices@gmail.com

Phone: (91) 9899909899; 9311353399; 011-46242299

Web: http://www.ibnservice.com or http://ibnservices.blogspot.com

Yahoo / GTalk / Msn Messenger: ibnservicesdelhi or ibncommodity

Performance: http://nse-bse.blogspot.com or http://mcx-ncdex.blogspot.com

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: 5511.15 (61.50) Resis – 5620, 5700, 5800, 5930, 6000 Supports – 5400, 5300, 5200, 5050, 4800

SENSEX: Last Close: 18358.69 (191.05) Resis – 18800, 19100, 19500, 20000 Supports – 18000, 17650, 17300, 17000

Sensex Range This Week: 17500 - 18800 above which it will touch 19300 & Below Tgt 17000; Resis at 18500 closing..

Nifty will open gap down & remain near surface in 1^st half session. Rbi rates decision will give direction to the market for next 2 days, it’s sell on every rise. Hot Sectors for Today: Bank.

BTST/ STBT in Last Trade (Cash /Fut.): ALBK (Buy – 203.30; SL- 198; Tgt Later)

Hot in Street — Tvsmotor, Gmdcltd, Orchichem, Welcorp, 3iinfotech, Relinfra, Yesbank, Voltas, Escorts etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
IDBI (136.65)	Must Buy 136.5—133	139	140.5—142	131	Stock can show good run with RBI rates news.
APOLLO TYRE (68.00)	Sell At 68—70	66.50	65.75—65	71	Stock is ready to show profit booking, soon T 62
Derivative- Future (Strategy for today)
CHAMBLFERT (70.75)	Must Buy At 70.5—69	72	73—74+	Bel 68	Max Profits: Unlimited	Keep an eye on this, exp short covering.
CHAMBL PE70 (1.75)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs  4000
SBIN (2650.00)	Buy At 2640—2600	2690	2715-2740	Bel 2570	Max Profits: Unlimited	Trade with the trend & buy put for hedge.
SBIN PE 2600 (51.00)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 3000
Derivative- Option Strategy
RIL CE 1050 (23.40)	Must Buy At 23—18	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 3-5 trading session 4 gain.
RIL CE 1100 (7.00)	Sell 2 Lot with CE 1050				Max Loss: Rs. 4000

 

Last Trade (16^th March 2011) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 24050.00 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 March 2011.
BANKNIFTY (10457.0)	Must Buy At 10450-10200	10800	11000-300	Bel 9900	Booked partial profit around 11000 revise SL.
AUROPHARMA(170.00)	Grab At 170—164	179	184—189	Bel 160	Booked  full profits around 197 levels.
ABAN (547.60)	Buy At 545—525	600	620—650+	Bel 510	Booked 75% around 625 level & enjoy profit
ASHOK LEY (46.70)	Buy At 46.50—45	51	53—55+	Bel 43	Booked partial profit around 54 revise SL.

 

Weekly Performance Report (7^th Feb – 11^th Mar) http://nse-bse.blogspot.com/2011/03/weekly-performance-report-including-all_11.html

Monthly Performance Equity Calls (Feb): http://nse-bse.blogspot.com/2011/02/monthly-performance-report-including.html

Monthly Performance All Nifty Calls (Feb): http://nse-bse.blogspot.com/2011/02/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (Feb) http://nse-bse.blogspot.com/2011/02/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