Daily News Letter Dated 20th 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 20^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: 6027.30 (48.65) Resis – 6200, 6300, 6400, 6500, 6666 Supports – 5850, 5650, 5500, 5350, 5260

SENSEX: Last Close: 19983.13 (185.76) Resis – 20650, 21000, 21400, 21750 Supports – 19300, 18800, 18300, 17800

Sensex Range This Week: 19700 - 21000 above which it will touch 21500 & Below Tgt 19300; Resis at 21000 closing.

As alerted Mkt tanked toward 6000 mark, now today it can show bounce in mid-session. One can keep SL 5950 & hold for Nifty Tgt 6200-6250 till exp. Hot Sector for Today: Power & IT.

BTST/ STBT in Last Trade (Cash /Fut.): ASHOKLEY (Buy– 75; SL- No SL; Tgt Later)

JINDALSTEL (Buy– 712; SL- 704; Tgt Later)

Hot in Street — Biocon, Fedralbank, Mundraport, Sintex, Gspl, Hexaware, Jindalswhl, Mcdowel-n etc.

 Results Today — Ashokley, Canarabank, Hcltech, Hindzinc, Ibrealest, Kotakbank, Powergrid, Yesbank etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
IDBI (159.40)	Must Buy At 159—156	162	163.5—165	154	One can buy at dip 4 good upside in last minutes
HCL TECH (439.05)	Buy C/Fut. At 438-430	446	450—455	425	Result expected to be better than expectations.
Derivative- Future (Strategy for today)
ICICIBANK (1119.40)	Must Sell 1120—1140	1100	1090-1080	Abv 1150	Max Profits: Unlimited	Profit booking & free fall can be seen.
ICICIBK CA 1120 (22)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs  4000
POWERGRID (105.70)	Buy At 105.5—104	107.5	109—110+	Bel 102	Max Profits: Unlimited	Sleeping tiger among power sector stocks.
PGRID PA 105  (1.70)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
=Derivative- Option Strategy
INFOSYS PA 3000  (66)	Must Buy At 65—50	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 1—2 days for super gains.
INFOSYS CA 3100 (21)	Sell 2 Lot with PA 3000				Max Loss: Rs. 2500

 

Last Trade (19^th October 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 55550.00 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 50% around 380 & remain long, SL 360.
SCI (161.9)	Buy At 161—155	175	180—185	150	Rocking call of the month, book 50% at 200.
APOLLOTYRE (81.05)	Must Buy At 81—78	89	93—97	Bel 75	Book partial around 84-85 & remain long T 90

 

Weekly Performance Report (11^th Oct – 15^th Oct) http://nse-bse.blogspot.com/2010/10/weekly-performance-report-including-all_18.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