Daily News Letter Dated 29th April 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: 29 April 2013
Support & Resistance
NIFTY:
Last Close: 5871.45 (Down 44.85 )
Resistance Levels: 5950, 6080, 6130, 6200, 6400
Support Levels: 5700, 5630, 5500, 5450, 5300
SENSEX:
Last Close: 19286.72 (Down 120.13)
Resistance Levels: 19650, 20150, 20300, 20500, 21300
Support Levels: 19000, 18650, 18150, 18000, 17500
Sensex Range This Week: 18500 - 19300 above which it will touch 20000 & Below Target 18000; Good Resistance closing above 19300.
Market Commentary:
Nifty will show recovery from lower levels. Market will remain volatile for next 2—3 days due to rate cut hopes from RBI meet. Nifty has good support at 5700 and resistance at 6000 for market to change the trend. We advice caution with aggressive trading & keep hedge with long or short positions for next 2 months.
Hot Sectors for Today: Banking & Auto.
Btst/Stbt, Hot in street & Results today
BTST/ STBT in last trade (Fut.):
Reliance (Buy – 788; SL- 780: Tgt later)
Hot in Street:
Lichsgfin, Idea, Maruti, Bhartiartl, Uniphos, Hdfc, Gail, Tatamotors, Lt, Bataindia, Idbi, Hindalco etc.
Trading picks for today:
| SCRIP NAME (CMP) | ENTRY LEVEL | TGT1 | TGT2—3 | SL | COMMENTS | |
| Hot Today | ||||||
| IVRCLINFRA (20.25) | Must Buy At 20—19.50 | 21 | 21.50—22+ | 19 | Buy at dips only for intra-day upside to 22+ | |
| IFCI (30.05) | Buy At 30—29.5 | 31 | 31.5—32 | 29 | News based buying can be seen, keep tight SL. | |
| Derivative- Future (Strategy for today) | ||||||
| RELCAPITAL (348.55) | Must Buy At 345—340 | 354 | 357—360 | Bel 336 | Max Profits: Unlimited | Go long at dips but buy option as hedge. |
| RELCAP PE 340 (14.40) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs. 4000 | |||
| BHARTIARTL (319.30) | Sell At 320—325 | 314 | 311—308 | Abv 328 | Max Profits: Unlimited | Low risk strategy for intra-day traders. |
| BHARTI CE 320 (13.40) | Buy when you sell Fut. | Hedging Position | Max Loss: Rs. 3000 | |||
| Derivative- Option Strategy | ||||||
| RIL CE 800 (17.70) | Buy At 16—10 | Options Trading strategy with High Risk- High Gain. | Max Profits: Unlimited | Buy & hold in bulk for short term good gains. | ||
| RIL PE 760 (10.55) | Sell 2 Lot with CE 800 | Max Loss: Unlimited | ||||
| Investment Pick (Long Term) | ||||||
| GTLINFRA (532775) (2.48) | Must Buy At 2.4—2 | 5 | 7—10+ | Buy in bulk for long term good upside & decent gain. | ||
Monthly trading picks:
| Monthly trading picks for April 2013 | |||||
| RELINFRA (324.45) | Must Buy C/Fut. 320--310 | 350 | 365—380+ | Below 300 | Book 75% profit at 385 on 22nd April. |
| LICHSGFIN (224.90) | Buy At 220—210 | 245 | 259—275+ | Below 200 | Book 50% profit at 250 on 22nd April. |
| HCLTECH (803.00) | Must Sell Fut. 810--830 | 730 | 700—670 | Above 850 | Book 75% profit at 685 on 26th April. |
| ………………(312.85) | Must Buy C/Fut. 310—300 | 340 | 355—370+ | Below 290 | Book partial profit at 316 on 26th April. |
Past performances
Last Trade (26th Apr 2013) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 29400.00Approx.
Weekly Performance Report (22nd – 26th April 2013):
http://nse-bse.blogspot.in/2013/04/weekly-performance-report-equity-calls_26.html
Monthly Performance Equity Calls (March):
http://nse-bse.blogspot.in/2013/03/monthly-performance-report-all-types-of.html
Monthly Performance Nifty/ Bank Nifty Calls (March):
hthttp://nse-bse.blogspot.in/2013/03/monthly-performance-report-nifty.html
Monthly Performance Commodity Calls (March):
http://nse-bse.blogspot.in/2013/03/monthly-performance-report-commodity.html
New Trading strategy for Higher gains: w.e.f 1st April 2013
http://nse-bse.blogspot.in/2013/03/more-profits-with-our-regular-calls-and.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
posted by NSE_BSE at Monday, April 29, 2013
<< Home