Daily News Letter Dated 6th May 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 6^th May 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: 5459.85 (77.30) Resis – 5730, 5800, 5900, 5950, 6020 Supports – 5420, 5300, 5200, 5050, 5000

SENSEX: Last Close: 18210.58 (258.78) Resis – 19000, 19300, 19550, 19750 Supports – 18000, 17600, 17300, 17000

Sensex Range This Week: 18700 - 19500 above which it will touch 20000 & Below Tgt 18000; Support at 19000 closing.

Nifty has next support at 5350 where a hope lies of bounce back; else we can see 5200-5150 soon. One can but at today’s dip for expected reversal. Hot Sectors for Today: Bank & Oil.

BTST/ STBT in Last Trade (Cash /Fut.): BHUSANSTL (Buy – 465; SL- NO SL; Booked Partial At 470 Same Day)

ASHOKLEY (Buy – 48.80; SL- 47.50; Tgt Later)

BANKINDIA (Sell – 403; SL- 410; Tgt Later)

Hot in Street — Herohonda, Uniphos, Tulip, Escorts, Kotakbank, Apollotyre, Orbitcorp, Apil, Ivrclinfra etc.

Results Today — Centrlabnk, Federalbank, Geship, Hexaware, Glaxo, Mtnl, Pirhealth, Rolta, Unionbnk etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
YES BANK (285.10)	Must Buy At 285—279	290	293—296+	275	Short covering can be seen, Tgt 300-305 soon.
ESCORTS (130.5)	Buy C/Fut. At 130-127	133	134.5—136	125	Good stock in volatile Mkt, keep an eagle eye.
Derivative- Future (Strategy for today)
ZEEL (133.60)	Must Buy At 133—130	136	137.5—139	Bel 128	Max Profits: Rs. 12000+	Scrip is very strong in volatile market.
…………. (…………)	……………….	Hedging Position			Max Loss: Rs. 4000
HDFCBANK (2219.00)	Sell At 2220—2250	2190	2170-2150	Abv 2275	Max Profits: Unlimited	Free fall can be seen toward 2110—2050.
HDFC CE 2300  (19.00)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs. 2500
Derivative- Option Strategy
HINDOIL CE200 (5.95)	Must Buy At 5.5—4.0	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade in bulk for 5-7 days for good gains.
HINDOIL PE190 (3.00)	Buy 1 Lot with CE 200				Max Loss: Rs. 5000

 

Last Trade (5^th May 2011) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 54447.60 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. (1092)	Buy Bulk At 1090—1060	1160	1190-1220	Bel 1040	SL hit in the scrip, Pls exit.

 

Weekly Performance Report (25^th – 29^th Apr) http://nse-bse.blogspot.com/2011/04/weekly-performance-report-including-all_29.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

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