Daily News Letter Dated 5th 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: 5 April 2013
Support & Resistance
NIFTY:
Last Close: 5574.75 (Down 98.15)
Resistance Levels: 5950, 6080, 6130, 6200, 6350
Support Levels: 5500, 5420, 5330, 5200, 5050
SENSEX:
Last Close: 18509.70 (Down 291.94)
Resistance Levels: 19500, 20150, 20300, 20500, 21000
Support Levels: 18150, 17800, 17500, 17000, 16500
Sensex Range This Week: 18500 - 19500 above which it will touch 20000 & Below Target 18000; Good Support closing below 18500.
Market Commentary:
Nifty may find a bottom near 5530—5500 and if closes below 5500 then short term downside to 5250—5200 can be ruled out. We expect a news based bounce today, may be a good news from RBI. Traders can buy at dips to 5530-5520 keeping stop loss at 5500 for bounce toward 5630+.
Hot Sectors For Today: Infra & Pharma.
Btst/Stbt, Hot in street & Results today
BTST/ STBT in last trade (Fut.):
Hindalco (Buy – 89; SL- 87.50; Exited same day cost2cost)
Bhel (Buy – 177.50; SL- 175; Tgt- 181 and above)
Hot in Street:
Adanipower, Pantaloonr, Jppower, Welcorp, Hdil, Rcom, Auropharma, Tatapower, Sunpharma, Hexaware etc.
Trading picks for today:
| SCRIP NAME (CMP) | ENTRY LEVEL | TGT1 | TGT2—3 | SL | COMMENTS | |
| Hot Today | ||||||
| IVRCLINFRA (19.75) | Must Buy At 19.5—19 | 20.50 | 21—21.50 | 18.50 | Good news for sugar sectors on card, Tgt 28+ | |
| RELINFRA (325.65) | Buy At 325—318 | 155 | 156.5—158+ | 148 | News based buying can be seen, buy at dips. | |
| Derivative- Future (Strategy for today) | ||||||
| HCLTECH (93.25) | Must Buy At 93—91 | 96 | 98—100 | Bel 89 | Max Profits: Unlimited | Trade with hedge for good gain in 1-2 day |
| CROM PE 90 (2.75) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs. 4000 | |||
| CENTURYTEX (866.30) | Sell At 868—878 | 852 | 844—836 | Abv 888 | Max Profits: Unlimited | Not much upside left, sell on rise & hold |
| CENTUR PE 880 (1.15) | Buy when you sell Fut. | Hedging Position | Max Loss: Rs. 5000 | |||
| Derivative- Option Strategy | ||||||
| JPASSOC CE 65 (18.85) | Must Buy At 18—14 | Options Trading strategy with High Risk- High Gain. | Max Profits: Unlimited | Trade in bulk for short term with spot SL 320. | ||
| JPASSOC PE 60 (7.80) | Sell 2 Lot with CE 340 | Max Loss: Unlimited | ||||
| Investment Pick (Long Term) | ||||||
| BAJAJHIND(500032) (19.8) | Must Buy At 19.5—17 | 40 | 50—70+ | Worst is over for sugar stock for medium to long term | ||
Monthly trading picks:
| Monthly trading picks for April 2013 | |||||
| RELINFRA (324.45) | Must Buy C/Fut. 320--310 | 350 | 365—380+ | Below 300 | Book 50% profit at 365 on 3rd April. |
| ……………. (224.90) | Buy At 220—210 | 245 | 259—275+ | Below 200 | Low risk pick among financial sector. |
| HCLTECH (803.00) | Must Sell Fut. 810--830 | 730 | 700—670 | Above 850 | Book partial profit at 745 on 4th April. |
| ………… (312.85) | Must Buy C/Fut. 310—300 | 340 | 355—370+ | Below 290 | Metal stocks can show good bounce soon |
Past performances
Last Trade (4th Apr 2013) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 16150.00Approx.
Weekly Performance Report (25th – 29th March 2013):
http://nse-bse.blogspot.in/2013/03/weekly-performance-report-equity-calls_711.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
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Performance of our calls in commodity market: http://mcx-ncdex.blogspot.in
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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 Friday, April 05, 2013
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