Daily News Letter Dated 8th 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: 8 May 2013
Support & Resistance
NIFTY:
Last Close: 6043.55 (Up 72.50)
Resistance Levels: 6080, 6130, 6200, 6400
Support Levels: 5900, 5700, 5630, 5500, 5450
SENSEX:
Last Close: 19888.95 (Up 215.31)
Resistance Levels: 20150, 20300, 20500, 21300
Support Levels: 19300, 19000, 18650, 18150, 18000
Sensex Range This Week: 19100 - 20000 above which it will touch 20500 & Below Target 18500; Good Resistance closing above 20000.
Market Commentary:
All eyes will be on Karnataka poll result today which is expected to be in favor of congress. Any negative news can kill the bulls but as per charts Nifty is heading toward 6130—6200 keeping stop loss at 5990 closing basis.
Hot Sectors for Today: R-Group & Tele.
Btst/Stbt, Hot in street & Results today
BTST/ STBT in last trade (Fut.):
Reliance (Buy – 88; SL- 87.30; Tgt Later)
Hot in Street:
Sintex, Ivrclinfra, Dlf, Frl, Itc, Idfc, Ptc, Lupin, Tatamotors, Voltas, Renuka, Bhartiartl, Yesbank, Irb, Kotakbank etc.
Trading picks for today:
| SCRIP NAME (CMP) | ENTRY LEVEL | TGT1 | TGT2—3 | SL | COMMENTS | |
| Hot Today | ||||||
| PETRONET (141.50) | Must Buy At 141—139 | 144 | 146—148 | 137 | Good pick for short term upside to 160+ soon. | |
| BHARTIARTL (331.20) | Sell At 334—338 | 328 | 324—320 | 342 | Profit booking can be seen, sell on rise only. | |
| Derivative- Future (Strategy for today) | ||||||
| RELINFRA (403.00) | Must Buy At 401—396 | 410 | 414—418+ | Bel 390 | Max Profits: Unlimited | All Adag stocks are looking hot for rise. |
| RELIN PE 400 (17.90) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs. 3000 | |||
| AXISBANK (1509.10) | Sell At 1520—1535 | 1480 | 1465—1450 | Abv 1550 | Max Profits: Unlimited | Some bad news can be heard keep hedge. |
| AXISBK CE 1520 (41.4) | Buy when you sell Fut. | Hedging Position | Max Loss: Rs. 3750 | |||
| Derivative- Option Strategy | ||||||
| RIL CE 820 (20.40) | Buy At 20—14 | Options Trading strategy with High Risk- High Gain. | Max Profits: Unlimited | Trade & hold in bulk 4 short term good gains. | ||
| RIL PE 780 (5.35) | Sell 2 Lot with CE 820 | Max Loss: Rs. 7000 | ||||
| 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. |
| ……..(110.0)(Revised) | Sell At 115—120 | 90 | 85—80 | Above 125 | Sell at rise only & buy option as hedge. |
| ………………. (955.70) | Must Sell Fut. 970—1000 | 870 | 830—800 | Above 1020 | Sell on any rise with hedge of call option. |
| ………………. (192.50) | Must Buy At 190—184 | 210 | 220—230+ | Below 178 | Some good news expected soon, keep SL. |
Past performances
Last Trade (7th May 2013) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 31700.00Approx.
Weekly Performance Report (29th April – 3rd May 2013):
http://nse-bse.blogspot.in/2013/05/weekly-performance-report-equity-calls.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 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 Wednesday, May 08, 2013
<< Home