Daily News Letter Dated 29th 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 29^th March 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: 5687.25 (33.00) Resis – 5720, 5800, 5930, 6030, 6150 Supports – 5555, 5420, 5300, 5200, 5050

SENSEX: Last Close: 18943.14 (127.50) Resis – 19100, 19500, 20000, 20300 Supports – 18500, 18000, 17650, 17300

Sensex Range This Week: 18000 - 19500 above which it will touch 20000 & Below Tgt 17500; Resis at 20000 closing.

Nifty will face hurdle at 5750 above which another leg of upside can be seen. One should avoid too much long positions & sit mostly in cash. Hot Sectors for Today: Auto & Bank.

BTST/ STBT in Last Trade (Cash /Fut.): BAJAJAUTO (Buy – 1410; SL- 1395; Tgt Later)

IOB (Buy – 150; SL- 148; Tgt Later)

Hot in Street — Strtech, Gtoffshore, Lichsgfin, Chennpetro, Boschltd, Sreinfra, Fsl, Idbi, Ivrclinfra, Litl etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
MARUTI (1201.80)	Must Buy At 1200-1180	1225	1237-1250	1170	Stock can show good bounce till expiry, Tgt1280
HIND PETRO (338.45)	Buy At 338---331	344	347—350+	328	All Oil marketing stk can show news based rise.
Derivative- Future (Strategy for today)
JPASSOCIAT (88.65)	Must Sell At 88.5—90.5	86.5	85.5—84	Abv 92	Max Profits: Unlimited	Stock can slide toward 85—83 soon.
JPASSOC CE 90 (1.0)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs  3000
UNIONBANK (343.00)	Buy At 343—337	349	352—355+	Bel 333	Max Profits: Unlimited	Banking stocks can show more upside.
…………. (……..)	……………..	Hedging Position			Max Loss: Rs. 4000
Derivative- Option Strategy
UNITECH PE 40 (1.25)	Must Buy At 1.1—0.70	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 2-3 trading session 4 gain.
UNITECH CE 40 (0.65)	Buy 1 Lot with PE 40				Max Loss: Rs. 5000

 

Last Trade (28^th March 2011) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 64250.00 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--205 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 (21^st – 25^th Mar) http://nse-bse.blogspot.com/2011/03/weekly-performance-report-including-all_25.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