Daily News Letter Dated 16th May 2011---Gain from us. Visit: http://ibnservices.blogspot.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 16^th May 2011

Phone: (91) 9899909899; 9968443444; 9311353399

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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: 5544.75 (58.60) Resis – 5730, 5800, 5900, 5950, 6020 Supports – 5420, 5300, 5200, 5050, 5000

SENSEX: Last Close: 18531.28 (195.49) Resis – 19000, 19300, 19550, 19750 Supports – 18000, 17600, 17300, 17000

Sensex Range This Week: 18000 - 19300 above which it will touch 19800 & Below Tgt 17300; Support at 18000 closing.

We can witness oil price effect in the opening but it will be a buying opportunity around 550-5480 for intra-day bounce back, keep SL 5350 for all long. Hot Sector for Today: Banking.

BTST/ STBT in Last Trade (Cash /Fut.): TATASTEEL (Sell – 603; SL- NO SL; Booked Partial At 595 Same Day)

Hot in Street — Gspl, Optocircui, Orbitcorp, Arevat&d, Bgrenergy, Suzlon, Balramchin, Drreddy, Lupin etc.

Results Today — Mrpl, Jswsteel, All sec tech, Times gauranty, Hmt, Trident, Dcw, Hindustan media etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
GSPL (104.10)	Must Buy At 104—102	106	107—108+	100	Very Good breakout seen in last trading session.
TRIVENI (38.75)	Buy C/Fut. 38.5—37.5	39.50	40—41+	37	We advice to go long in all sugar stocks, Tgt 45.
Derivative- Future (Strategy for today)
PRAJIND (77.80)	Must Buy At 77.5—76	79	80—81+	Bel 75	Max Profits: Rs. 16000+	Scrip is looking good on charts for gain.
PRAJIND CE 85 (0.40)	Sell 2lots when buy Fut	Hedging Position			Max Loss: Rs. 4000
SUNTV (406.00)	Grab At 405—396	413	417—421+	Bel 390	Max Profits: Unlimited	One should trade long with SL given.
………….. (……..)	…………….	Hedging Position			Max Loss: Rs. 3000
Derivative- Option Strategy
PNB CE 1100 (10.30)	Must Buy At 10.0—7.0	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade in bulk for 7-10 days for good gains.
PNB PE 1050 (7.65)	Sell 2 Lot with CE1100				Max Loss: Rs. 4000

 

Last Trade (13^th May 2011) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 153000.60 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 May 2011.
PATELENG-Fut. (162.3)	Must Sell At 163—168	150	145—140	Abv 172	Book 75% around 143 & revise SL 150.
TRIVENI-Fut. (104.20)	Sell At 104.50—108	97	93—90	Abv 110	Book max around 80 & enjoy huge profits.
INDIACEM-Fut. (99.90)	Must Buy At 99.5—96	107	110—114	Bel 93	SL hit in the scrip, Pls exit.
ULTRACEM-Fut. (1024)	Buy Bulk At 1020—1000	1100	1140-1180	Bel 970	Book /Exit around 1055-1060 & enjoy profits.

 

Weekly Performance Report (9^th – 13^th May) http://nse-bse.blogspot.com/2011/05/weekly-performance-report-including-all_14.html

Monthly Performance Equity Calls (Apr): http://nse-bse.blogspot.com/2011/04/monthly-performance-report-including.html

Monthly Performance All Nifty Calls (Apr): http://nse-bse.blogspot.com/2011/04/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (Apr) http://nse-bse.blogspot.com/2011/04/monthly-performance-report-commodity.html

Disclaimer – India Stock {A unit of 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