Daily News Letter Dated 26th February 2013-Gain from us. Visit: http://www.ibnservices.in/ OR http://ibnservices.blogspot.in OR http://nse-bse.blogspot.in OR http://mcx-ncdex.blogspot.in

Daily News Letter

Date: 26 February 2013

 

Support & Resistance

NIFTY:

Last Close: 5854.75 (Up 4.45)

Resistance Levels:  6080, 6130, 6200, 6350, 6500

Support Levels: 5850, 5700, 5600, 5420, 5330, 5200

SENSEX:

Last Close: 19331.69 (Up 14.68)

Resistance Levels:  20100, 20300, 20500,  21000, 21500

Support Levels: 19300, 8650, 18300, 18000, 17700, 17300

Sensex Range This Week: 19100 - 20000 above which it will touch 20300 & Below Target 18500; Good Support closing below 19100.

 

Market Commentary:

Market will be highly volatile due to rail budget today. We can see 80—100 points swing in Nifty. Traders can enjoy the sea-saw movement for next 3 days. It is better advisable to buy options too as hedge. We still expect the Nifty to show 6050+ till budget day as some good news expected.

Hot Sectors For Today: Pharma & IT.

 

Btst/Stbt, Hot in street & Results today

BTST/ STBT in last trade (Fut.):

Sbin (Buy – 2225; SL- 2200; Tgt Later)

 Hot in Street:

Ranbaxy, Infy, Suntv, Lichsgfin, Bhel, Hcltech, Sunpharma, Lupin, Bataindia, Sunpharma, Tcs, Hexaware etc.

 

Trading picks for today:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
WELCORP  (66.80)	Buy  At  66—65	69	70—72+	63	Dead cat bounce can be seen, buy at dip only.
IVRCLINFRA (28.05)	Buy At 27.50—27	29	29.50—30	26.50	Short covering can be seen, expected Tgt 30+
Derivative- Future (Strategy for today)
LT  (1402.35)	Must Buy At 1400-1385	1425	1440—1455	Bel 1370	Max Profits: Unlimited	A good budget pick, keep hedging too.
LT PE 1400 (21.40)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 3750
HCLTECH(734.00)	Sell At 735—745	720	713—705	Abv 752	Max Profits: Unlimited	Profit booking can be seen in IT stocks.
HCL CE 740 (7.10)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs. 3500
Derivative- Option Strategy
INFY PE 2900 (19.25)	Must Buy At 18—10	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade in bulk & hold keeping spot SL 2950.
INFY CE 3000 (6.55)	Sell 2 Lot with PE 2900
					Max Loss: Rs. 4000
Investment Pick (Long Term)
Opto Circuit  (532391)(68.4)	Must Buy At 65—60	90	110—125+	Buy in bulk for short to medium term good gain soon

 

Monthly trading picks:

Monthly trading picks for February 2013
RENUKA (29.25)	Must Buy C/Fut. 28—26.50	31	32.50—34+	Below 25	Booked partial profit at 30.25 on 7th Feb.
DLF-Fut. (277.45)	Sell  Fut. At 280—290	255	242—230	Above 300	Booked 50% profit at 245 on 15th Feb
AXISBANK (1507.65)	Must Sell Fut. 1520—1550	1400	1340—1280	Above 1600	Booked 50% profit at 1400 on 21st Feb.
ONGC  (341.70)	Must Sell C/Fut. 347—360	320	305—290	Above 370	Booked 50% profit at 310 on 11th Feb.

 

Past performances

Last Trade (25^th Feb 2013) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 13550.00 Approx.

Weekly Performance Report (18^th – 23^rd February 2013):

http://nse-bse.blogspot.in/2013/02/weekly-performance-report-equity-calls_22.html

Monthly Performance Equity Calls (January):

http://nse-bse.blogspot.in/2013/01/monthly-performance-report-all-types-of.html

Monthly Performance All Nifty Calls (January):

http://nse-bse.blogspot.in/2013/01/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (January):

http://nse-bse.blogspot.in/2013/01/monthly-performance-report-commodity.html

 

Important Links

Phone Nos.: 91- 9899-90-9899 OR 9968-443-444 OR 9311-35-3399

Subscription Details: http://www.ibnservices.in or http://ibnservices.blogspot.in

Subscription charges for our calls in equity market: http://ibnequity.blogspot.in

Subscription charges for our calls in commodity market: http://ibncommodity.blogspot.in

Performance of our calls in equity market: http://nse-bse.blogspot.in

Performance of our calls in commodity market: http://mcx-ncdex.blogspot.in

E-Mail id.: ibnservices@gmail.com or info@ibnservices.in

Twitter: http://twitter.com/ibnservices

FAQ: http://ibnfaq.blogspot.in

Messenger id: Yahoo OR GTalk: ibnservicesdelhi OR ibncommodity

Face book: http://www.facebook.com/profile.php?ref=profile&id=100000585243122

Orkut: http://www.orkut.co.in/Main#Profile?uid=10180667328369587673

Yahoo Group (Equity): http://finance.groups.yahoo.com/group/NSE_BSE/

Yahoo Group (Commodity): http://finance.groups.yahoo.com/group/ibncommodity/

Leave your valuable feedback here: http://ibnfeed.blogspot.in

How to trade with our calls: http://ibnguide.blogspot.in

 

Disclaimer

Kindly read carefully before trading with us:

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/ IBN Services 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/ IBN Services especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letters or websites or through any medium (like: messenger/ sms/ group websites etc). You are responsible for your own investment/ trading decisions. India Stock/ IBN Services 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/ IBN Services 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.  All disputes subject to Delhi jurisdiction only. No part of any material may be duplicated in any form and/or distributed without IBN Services prior written consent. By: IBN Services Write to: ibnservices@gmail.com Visit: http://ibnservices.blogspot.in OR http://www.ibnservices.in/ Call: (91) 9899909899