Daily News Letter Dated 30th 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: 30 April 2013

 

Support & Resistance

NIFTY:

Last Close: 5904.10 (Up 32.65)

Resistance Levels: 5950, 6080, 6130, 6200, 6400

Support Levels: 5700, 5630, 5500, 5450, 5300

SENSEX:

Last Close: 19387.50 (Up 100.78)

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:

Market can show gap up opening but mid-session will be highly volatile and swings on both sides can be seen. Nifty will face hurdle at 5950 & support at 5850. We do not see any panic till RBI meeting this week & trend will remain up. Remain long with stop loss 5700.

Hot Sectors for Today: Infra, Bank & IT.

 

Btst/Stbt, Hot in street & Results today

BTST/ STBT in last trade (Fut.):

Frl (Buy – 149; Booked 50% At 150.50 At Same Day)

Hot in Street:

Rcom, Siemens, Relinfra, Raymond, Rpower, Titan, Unitech, Idea, Arvind, Relcapital, Ifci, Tataglobal, Ster, Pfc  etc.

 

Trading picks for today:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3		SL	COMMENTS
Hot Today
RELIANCE  (792.65)	Must Buy At 790—780	810	820—830+		770	Buy at dips for short term upside to 840+
AUROPHARMA (192.0)	Buy At  193—195	190	188—186		197	Pharma stocks will continue profit booking.
Derivative- Future (Strategy for today)
TITAN (275.00)	Must Sell At 276—279	270	267—264		Abv 282	Max Profits: Unlimited	Sell on rise for good downside in 1-2 days.
TIAN CE 280 (9.50)	Buy when you sell Fut.	Hedging Position				Max Loss: Rs. 3000
AXISBANK  (1478.00)	Sell At 1485—1500	1450	1435—1420		Abv 1520	Max Profits: Unlimited	Profit booking can be seen, keep hedge.
AXISBK CE 1480 (54.9)	Buy when you sell Fut.	Hedging Position				Max Loss: Rs. 5000
Derivative- Option Strategy
RCOM PE 100 (7.25)	Buy  At 7—6	Options Trading strategy with High Risk- High Gain.				Max Profits: Unlimited	Buy & hold in bulk for short term good gains.
RCOM CE 110 (4.35)	Sell 2 Lot with PE 100					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.
TATASTEEL (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 (29th Apr 2013) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 19900.00Approx.

Weekly Performance Report (22^nd – 26^th 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 1^st April 2013

http://nse-bse.blogspot.in/2013/03/more-profits-with-our-regular-calls-and.html

 

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

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

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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