Daily News Letter Dated 31st 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: 31 May 2013

 

Support & Resistance

NIFTY:

Last Close: 6124.05 (Up 19.75)

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

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

SENSEX:

Last Close: 20215.40 (Up 67.76)

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 can bounce today due to GDP data expectations but selling will also be seen from rise. Nifty has a good support at 6050—6000 in coming days, but on weekly basis nifty should not close below 5850.

Hot Sectors For Today: IT & Pharma.

 

Btst/Stbt, Hot in street & Results today

BTST/ STBT in last trade (Fut.):

Sbin (Buy – 2110; SL- No SL; Tgt Later)

 Hot in Street:

Adanipower, Tatamotors, kotakbank, Ucobank, Uniphos, Nmdc, Halvells, Grasim, Jswsteel, Ntpc, Ashokley, Hdfcbank etc.

 

Trading picks for today:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
TATASTEEL  (301.65)	Must Buy At 300-297	306	309—312+	294	Trade cautiously with given stop loss for gains.
LICHSGFIN  (270.00)	Sell  At 272 —275	267	264—261	278	Profit booking will be seen, but trade with SL.
Derivative- Future (Strategy for today)
WIPRO (334.90)	Must Buy At 333—330	340	343—346+	Bel 326	Max Profits: Unlimited	Bounce can be seen, buy at dips.
WIPRO PE 320 (4.70)	Buy when you Buy Fut.	Hedging Position			Max Loss: Rs. 2000
TATAMOTOR  (316.40)	Sell  At 318—322	312	309—306	Abv 325	Max Profits: Unlimited	Stock can show profit booking .
TATAMO CE 320 (6.85)	Buy when you Sell Fut.	Hedging Position			Max Loss: Rs. 3000
Derivative- Option Strategy
SBIN CE 2100 (72.85)	Buy  At 65—55	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold in bulk 4 2-4 days for good gain.
SBIN PE 1900 (16.45)	Sell 2 Lots with CE2100				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 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 (30th May 2013) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 35150.00 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