Daily News Letter Dated 8th 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 8^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: 5463.15 (75.60) Resis – 5620, 5700, 5800, 5930, 6000 Supports – 5400, 5300, 5200, 5050, 4800

SENSEX: Last Close: 18222.67 (263.78) Resis – 18800, 19100, 19500, 20000 Supports – 18000, 17650, 17300, 17000

Sensex Range This Week: 17800 - 18800 above which it will touch 19300 & Below Tgt 17500; Resis at 18500 closing.

Be ready to see panic selling toward 5300, sell on every rise with SL 5550. Intra-day trader should keep tight SL in the trade or hedge with their position. Hot Sectors for Today: Bank.

BTST/ STBT in Last Trade (Cash /Fut.): DLF (Buy – 217; SL- NO SL; Tgt Later)

Hot in Street — Onmobile, Aban, Mrpl, Mphasis, Zeel, Drreddy, Brfl, Cairn, Triveni, Wipro, Bob etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
M&M (6660.30)	Must Sell At 660—672	648	642—635	680	One can sell as positional Tgt 620-600 very soon.
ADANIPOWER (109.2)	Buy At 109—107	111	112.5—114	105	Stk is near its bottom, one can buy at dips only.
Derivative- Future (Strategy for today)
JSWSTEEL (922.50)	Must Sell At 922—940	905	895—885	Abv 960	Max Profits: Unlimited	Good time to sell for free fall toward 850.
JSWSTL CE 950 (27.5)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs  5000
KOTAKBANK (419.30)	Sell At 420—430	412	408—404	Abv 436	Max Profits: Unlimited	Sell in bulk at every rise for Tgt 380 soon
………….. (…………)	………………….	Hedging Position			Max Loss: Rs. 3000
Derivative- Option Strategy
LICHSG PE 190 (8.85)	Must Buy At 8.5—7.0	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 5-7 trading session 4 gain.
LICHSG CE 210 (4.70)	Sell 2 Lots with PE 190				Max Loss: Rs. 10000

 

Last Trade (7^th March 2011) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 97625.00 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 partial profit around 184 revise SL.
ABAN (547.60)	Buy At 545—525	600	620—650+	Bel 510	Booked partial 50% around 610 & revise SL.
ASHOK LEY (46.70)	Buy At 46.50—45	51	53—55+	Bel 43	Booked partial profit around 54 revise SL.

 

Weekly Performance Report (28^th Feb – 4^th Mar) http://nse-bse.blogspot.com/2011/03/weekly-performance-report-including-all.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