Daily News Letter Dated 21st June 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 21st June 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: 5257.90 (108.50) Resis – 5500, 5600, 5700, 5800, 5900 Supports – 5300, 5200, 5050, 5000, 4850
SENSEX: Last Close: 17506.63 (363.90) Resis – 18300, 18700, 19000, 19300 Supports – 17600, 17300, 17000, 16500
Sensex Range This Week: 17000 - 18300 above which it will touch 19000 & Below Tgt 16500; Resis at 18500 closing.
Nifty may bottom around 5175—5150 and we recommend to buy at every panic selling. Intra-day traders can go long at any dip today for good bounce. Hot Sector for Today: Telecom.
BTST/ STBT in Last Trade (Cash /Fut.): ITC (Buy – 188.50; SL- 186; Tgt Later)
STER (Buy – 153.30; SL- 151; Tgt Later)
Hot in Street — Ttml, Yesbank, Bhartiartl, Idea, Dchl, Bankbaroda, Herohonda, Pnb, Axisbank, Oil etc.
SCRIP CODE (CMP) | ENTRY LEVEL | TGT1 | TGT2—3 | SL | COMMENTS | |
Hot Today | ||||||
IDFC (117.95) | Must Buy At 117.5-115 | 120.5 | 122—124+ | 113 | Highly oversold on charts, one should buy at dip | |
BHEL (1918.95) | Sell C/Fut. 1920—1950 | 1890 | 1875-1860 | 1970 | Profit booking can be seen, sell on rise in C/Fut. | |
Derivative- Future (Strategy for today) | ||||||
TTML (17.05) | Must Buy At 17—16.5 | 17.40 | 17.70—18 | Bel 16 | Max Profits: Unlimited | Good pick among telecom sec, Tgt-20. |
TTML PE 15 (0.10) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs. 4500 | |||
DENABANK (86.80) | Buy At 86.50—85 | 88 | 89—90 | Bel 83.5 | Max Profits: Unlimited | Keep eye on mid-cap banking stock at dip |
……………….(………..) | …………….. | Hedging Position | Max Loss: Rs. 3000 | |||
Derivative- Option Strategy | ||||||
Must Buy At 18—15 | Options Trading strategy with High Risk- High Gain. | Max Profits: Unlimited | Good option strategy for 2-3 days for gains. | |||
RIL PE 800 (7.50) | Sell 2Lots with CE 840 | Max Loss: 5000 |
Last Trade (20th June 2011) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs 52950.00 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 June 2011. | |||||
INDIACEM (84.30) | Must Buy At 84—81 | 92 | 95—98++ | Bel 78 | Booked partial around 90 & add more at dips. |
………………….(61.95) | Buy At 61.50—59 | 68 | 70—72+ | Bel 57 | Sugar stocks are sweeter in coming days, T-75. |
COREPROTEC (277.85) | Buy At 275—268 | 300 | 310—320+ | Bel 260 | Booked partial around 290 & add more at dip. |
IFCI (48.30) | Must Buy At 48—46 | 52.5 | 55—57+ | Bel 44.5 | Booked partial around 49 & add more at dips. |
Weekly Performance Report (13th – 17th Jun) http://nse-bse.blogspot.com/2011/06/weekly-performance-report-including-all_17.html
Monthly Performance Equity Calls (May): http://nse-bse.blogspot.com/2011/05/monthly-performance-report-including.html
Monthly Performance All Nifty Calls (May): http://nse-bse.blogspot.com/2011/05/monthly-performance-report-nifty.html
Monthly Performance Commodity Calls (May) http://nse-bse.blogspot.com/2011/05/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
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