Daily News Letter Dated 11th October 2010---Gain from us. Visit: http://www.ibnservice.com/ OR http://nse-bse.blogspot.com/ OR http://mcx-ncdex.blogspot.com/

~~OM~~

India Stock (A Unit of IBN Services, New Delhi)

Daily News Letter—Dated 11^th October 2010

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Advice: Book profits in Day-trade at gain of 1.5--3% in stock (Cash/Fut.) & don’t take risk with your money.

NIFTY: Last Close: 6103.45 (16.85) Resis – 6200, 6300, 6400, 6500, 6666 Supports – 5850, 5650, 5500, 5350, 5260

SENSEX: Last Close: 20250.26 (65.06) Resis – 20650, 21000, 21400, 21750 Supports – 19300, 18800, 18300, 17800

Sensex Range This Week: 20000 - 21000 above which it will touch 21500 & Below Tgt 19500; Resis at 21000 closing.

One can sell on rise today to gain later. Nifty will open around 6130-6150 but panic selling will arise, one can positional short with SL 6250 closing. Hot Sector for Today: R-Group.

BTST/ STBT in Last Trade (Cash /Fut.): ICICIBANK (Buy– 1135; SL- No Sl; Tgt1- 1150; Tgt2- 1160)

FORTIS (Buy– 172; SL- No Sl; Booked Partial At 174)

Hot in Street — Hexaware, Ifci, Mll, Abgship, Hoteleela, Ptc, Hcc, Fortis, Kfa, Hindalco, Biocon, Cipla etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
HCC (65.50)	Must Buy At 65—63	67	68—69+	62	Good news expected soon to float in the market.
STER (173.90)	Buy C/Fut. 173.5-170	177	178.5—180	167	Highly oversold, anytime a big move can be seen
Derivative- Future (Strategy for today)
RELIANCE (1059.65)	Must Buy At 1059-1040	1077	1087-1098	Bel 1030	Max Profits: Unlimited	RDX for traders, we see good jump soon.
RIL PA 1040 (19.10)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs  2500
TATASTEEL (633.80)	Grab At 633—620	645	650—657	614	Max Profits: Unlimited	Good strategy 4 day trader with hedging.
TATASTL PA620 (17.0)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 3000
=Derivative- Option Strategy
ICICIBK CA1140 (36.5)	Must Buy At 36—30	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 1—2 days for super gain.
ICICIBK PA1100 (21.4)	Sell 2 Lot with CA1140				Max Loss: Unlimited

 

Last Trade (8^th October 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. -8150.00 Approx.

Result (profit/ loss) may vary from person to person, due to one’s trading habit. The price calculated on intra-day/ Positional stocks target achieved.

Monthly trading picks for October 2010.
IVRCL INFRA (160.25)	Must Buy At 160—154	175	180—185	150	Book partial around 170-172 & remain long.
SESA GOA (328.45)	Grab At 325—315	360	375—390+	310	Book partial around 372-375 & remain long.
SCI (161.9)	Buy At 161—155	175	180—185	150	Rocking call of the month, book 50% at 200.
…………………. (81.05)	Must Buy At 81—78	89	93—97	Bel 75	One can buy n hold for good run in Oct series.

 

Weekly Performance Report (4^th Oct – 8^th Oct) http://nse-bse.blogspot.com/2010/10/weekly-performance-report-including-all_08.html

Monthly Performance Equity Calls (Sep): http://nse-bse.blogspot.com/2010/09/monthly-performance-report-including_30.html

Monthly Performance All Nifty Calls (Sep): http://nse-bse.blogspot.com/2010/09/monthly-performance-report-nifty_30.html

Monthly Performance Commodity Calls (Sep) http://nse-bse.blogspot.com/2010/09/monthly-performance-report-commodity.html

Disclaimer – India Stock {A unit of India Business Network (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 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 especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letter or website. You are responsible for your own investment decisions. India Stock 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 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. By: India Stock (A Unit of IBN Services, New Delhi). Write to: ibnservices@gmail.caom Visit: http://ibnservices.blogspot.com/ OR http://www.ibnservice.com/ Call: (91) 9899909899