Daily News Letter Dated 6th 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 6^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: 6145.80 (13.65) Resis – 6200, 6300, 6400, 6500, 6666 Supports – 5850, 5650, 5500, 5350, 5260

SENSEX: Last Close: 20407.71 (68.02) 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.

Nifty will open with good gap around 6180-6200 levels & expected to rise further toward 6220 -6240, but will face hurdle at 6250 on closing basis. Hot Sector for Today: R-Group & IT.

BTST/ STBT in Last Trade (Cash /Fut.): RELCAPITAL (Buy– 843; SL- No Sl; Booked 75% At 870)

RCOM (Buy– 179; SL- No Sl; Tgt Later)

Hot in Street — Relmedia, Sintex, Essaroil, Ksoils, Abgship, Canbnk, Orchidchem, Patni, Rnrl, Kfa etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
RNRL (41.80)	Must Buy At 41.8—41	43	44—45	40	All Ambani groups will perform now onwards.
EDUCOMP (625.20)	Buy C/Fut. At 625-615	637	644—650	610	We can see short covering in the stock, Tgt 660.
Derivative- Future (Strategy for today)
JPASSOCIAT (130.95)	Must Buy At 130.5-128	133	134.5—136	Bel 126	Max Profits: Unlimited	Scrip is highly over sold on chart, T 150.
JPASSOC PA 120 (1.6)	Sell when you buy fut.	Hedging Position			Max Loss: Rs  4000
HDIL (279.35)	Buy At 279—274	284	286.5—289	Bel 270	Max Profits: Unlimited	RDX for short term trader, Tgt 300++.
……….. (……..)	………………	Hedging Position			Max Loss: Rs. 4000
=Derivative- Option Strategy
NEYVELI CA 170 (6.3)	Must Buy At 6—5	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 1-2 weeks for good profits.
NEYVELI CA 180 (2.7)	Sell 1 Lot with CA 170				Max Loss: Rs. 5000

 

Last Trade (5^th October 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 194950.00 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.
……………. (160.25)	Must Buy At 160—154	175	180—185	150	Good scrip in infra sector, time to remain long.
…………….. (328.45)	Grab At 325—315	360	375—390+	310	Stock is oversold & expected sharp rise in Oct.
……………. (161.9)	Buy At 161—155	175	180—185	150	News Based buying can emerge, Take a risk.
…………….. (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 (27^th Sep– 1^st Oct) http://nse-bse.blogspot.com/2010/10/weekly-performance-report-including-all.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.com Visit: http://ibnservices.blogspot.com/ OR http://www.ibnservice.com/ Call: (91) 9899909899