Daily News Letter Dated 9th 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 9^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: 5520.80 (57.65) Resis – 5620, 5700, 5800, 5930, 6000 Supports – 5400, 5300, 5200, 5050, 4800

SENSEX: Last Close: 18439.65 (216.98) 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.

Nifty can show gap up toward 5550-5570 but it will again be a selling opportunity with SL 5620. The news based movement can be seen intra-day. Hot Sectors for Today: Bank & IT.

BTST/ STBT in Last Trade (Cash /Fut.): IDBI (Buy – 138; SL- NO SL; Tgt 140+)

Hot in Street — Techm, Polaris, Ifci, Mcleodruss, Tataglobal, Kfa, Tvsmotor, Apollotyre, Jetairways, Litl etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
IDFC (143.95)	Must Buy 143.5--141	146	147.5—149	139	Stock can sharply rise with +ve news in the Mkt
ASHOK LEY (52.20)	Buy At 52—51	53.5	54—55+	50	All Auto stocks are showing momentum, watch.
Derivative- Future (Strategy for today)
MPHASIS (469.35)	Must Buy At 469—460	478	483—488+	Bel 450	Max Profits: Unlimited	Best pick among IT sector, go long T 500
MPHASIS CE 520 (7.5)	Sell when you buy Fut.	Hedging Position			Max Loss: Rs  5000
PATELENG (139.65)	Buy At 139.5—137	142	143.5—145	Bel 135	Max Profits: Unlimited	Time to go long for huge gain very soon.
………….. (…………)	………………….	Hedging Position			Max Loss: Rs. 2000
Derivative- Option Strategy
RELCAP CE 500 (20.4)	Must Buy At 20—16	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 2-4 trading session 4 gain.
RELCAP CE 540 (8.25)	Sell 2 Lots with CE 500				Max Loss: Rs. 8000

 

Last Trade (8^th March 2011) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 62050.00 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

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