Daily News Letter Dated 29th July 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: 29 July 2013

 

Support & Resistance

NIFTY:

Last Close: 5886.70 (Down 21.30)

Resistance Levels: 6080, 6180, 6250, 6400, 6500

Support Levels: 5850, 5700, 5630, 5500, 5350

SENSEX:

Last Close: 19748.19 (Down 56.57)

Resistance Levels: 20300, 20650, 20900, 21250, 21600

Support Levels: 19450, 19000, 18650, 18150, 17650

Sensex Range This Week: 19500 - 20500 above which it will touch 21000 & Below Target 19000; Good support closing below 19500.

 

Market Commentary:

Nifty can show a gap down opening toward 5840 & can fall toward 5800. The trend remains –ve for coming days too with Nifty hurdle at 6200. We had been shouting to remain seller when Nifty was trading around 6050—6100 levels.

Hot Sectors For Today: Banking & IT.

 

Btst/Stbt, Hot in street & Results today

BTST/ STBT in last trade (Fut.):

Techm (Sell – 1227; SL- No SL; Tgt Later)

Hot in Street:

Ambujacem, Idea, Sunpharma, Wipro, Bajajauto, Cipla, Hdfc, Bhel, Bhartiartl, Auropharma, Wipro, Heromotoco etc.

 

Trading picks for today:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
RANBAXY  (303.95)	Must Buy At 302-298	310	314—318	295	Good pick among pharma sector, Tgt 360+
HCLTECH (903.80)	Sell At 905—915	888	880—872	925	Take a risk to sell IT stocks at any rise for fall.
Derivative- Future (Strategy for today)
IDEA  (165.15)	Must Sell At 166—168	162	160—158	Abv 170	Max Profits: Unlimited	Go short with hedge of option 4 good gain
IDEA CE 170 (6.30)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs. 4000
SBIN (1776.40)	Buy At 1760—1740	1810	1830—1850	Bel 1720	Max Profits: Unlimited	Buy all banking stocks at dip today.
SBIN PE 1750 (71.20)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 2500
Derivative- Option Strategy
TATASTL CE 220 (11.0)	Buy  At 10—7	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade in bulk & hold for gain for 4—7 days .
TATASTL PE 200 (3.55)	Sell 2 Lot with CE 220				Max Loss:  Rs. 15000
Investment Pick (Long Term)
MTNL (500108) (16.50)	Must Buy At 15—12	30	38—45+	Buy in bulk for short term upside to 40+ even 60+

 

Monthly trading picks:

Monthly trading picks for July 2013
ALBK (90.05)	Must Buy C/Fut. 88—84	99	105—110+	Below 80	SL hits pls exit.
CHAMBLFERT (36.20)	Buy At 35.50—34	39.50	42—45+	Below 32.50	Book 50% Profits at 39 and hold long .
IDBI (70.80)	Must Buy Fut. 70—67	77	81—85+	Below 64	SL hits pls exit.
SUNPHARMA (1013.8)	Sell Fut. At  1030—1070	940	890—850	Revise 1120	SL hits pls exit.

 

Past performances

Last Trade (26^th July 2013) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 31350.00 Approx.

Weekly Performance Report (22^nd – 26^th July 2013):

http://nse-bse.blogspot.in/2013/07/weekly-performance-report-equity-calls_26.html

Monthly Performance Equity Calls (June):

http://nse-bse.blogspot.in/2013/06/monthly-performance-report-all-types-of.html

Monthly Performance Nifty/ Bank Nifty Calls (June):

http://nse-bse.blogspot.in/2013/06/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (June):

http://nse-bse.blogspot.in/2013/06/monthly-performance-report-commodity.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