Daily News Letter Dated 27th May 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: 27 May 2013

 

Support & Resistance

NIFTY:

Last Close: 5983.55 (Up 16.50)

Resistance Levels: 6200, 6300, 6400, 6500, 6600

Support Levels: 5900, 5800, 5700, 5630, 5500

SENSEX:

Last Close: 19704.33 (Up 30.00)

Resistance Levels: 20350, 20700, 21000, 21350, 21700

Support Levels: 19350, 19000, 18650, 18150, 17650

Sensex Range This Week: 19300 - 20500 above which it will touch 21000 & Below Target 19000; Good Resistance closing above 20500.

 

Market Commentary:

Market may show a pullback toward 6050—6080 today but profit booking will be seen on every rise till F&O expiry. Traders should be ready to trade both side due to short covering & rollover in next 2—3 days. Nifty has good support at 5850—5800 and good resistance at 6110.

Hot Sectors For Today: Infra & Auto.

 

Btst/Stbt, Hot in street & Results today

BTST/ STBT in last trade (Fut.):

Sbin Fut. (Buy – 2115; SL- No SL; Tgt Later)

Hot in Street:

Mcdowell, Hexaware, Tatasteel, Tatapower, Lupin, Ktkbank, Hindzinc, Titan, Lt, Ptc, Icicibank, Relinfra etc.

 

Trading picks for today:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
RELIANCE (786.45)	Must Buy At 785—775	800	810—820+	765	Good news expected in next 1—2 day, keep SL
MCDOWELL (2568.15)	Sell  At 2575—2600	2525	2500—2475	2625	Profit booking will be seen, but trade with SL.
Derivative- Future (Strategy for today)
HINDPETRO (288.45)	Must Buy At 287—284	292	295—298+	Bel 280	Max Profits: Unlimited	Oil-Gas stocks can show short covering.
HIND PE 280 (2.05)	Buy when you Buy Fut.	Hedging Position			Max Loss: Rs. 4000
LICHSGFIN (274.45)	Sell  At 276—279	271	268—265	Abv 282	Max Profits: Unlimited	Low risk high gain strategy for 1—2 day
LIC CE 280 (2.55)	Buy when you Sell Fut.	Hedging Position			Max Loss: Rs. 3000
Derivative- Option Strategy
SBIN CE 2100 (47.95)	Buy  At 40—30	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold in bulk 4 short term good gains.
SBIN PE 2000 (5.85)	Sell 2 Lots with CE2100				Max Loss: Rs. 5000
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 May 2013
TATASTEEL (302.85)	Must Buy C/Fut. 300—290	325	340—355+	Below 280	Book partial profit at 325 & hold long.
RCOM (110.0)(Revised)	Sell At 115—120	90	85—80	Above 125	Book partial profit at 100 next Tgt 90.
………..… (955.70)	Must Sell Fut. 970—1000	870	830—800	Above 1020	Sell on any rise with hedge of call option.
BHEL (192.50)	Must Buy At 190—184	210	220—230+	Below 178	Book 50% profit at 205 & hold long.

 

Past performances

Last Trade (24th May 2013) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 58688.00 Approx.

Weekly Performance Report (20^th – 24^th May 2013):

http://nse-bse.blogspot.in/2013/05/weekly-performance-report-equity-calls_24.html

Monthly Performance Equity Calls (April):

http://nse-bse.blogspot.in/2013/04/monthly-performance-report-all-types-of.html

Monthly Performance Nifty/ Bank Nifty Calls (April):

http://nse-bse.blogspot.in/2013/04/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (April):

http://nse-bse.blogspot.in/2013/04/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

 

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