Daily News Letter Dated 7th 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 7^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: 6186.45 (40.65) Resis – 6200, 6300, 6400, 6500, 6666 Supports – 5850, 5650, 5500, 5350, 5260

SENSEX: Last Close: 20543.08 (135.37) 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 around 6200-6220 & can rise further toward 6250-6280 till mid-session. One can book profit & sell around higher levels for last min slide. Hot Sector for Today: Infra.

BTST/ STBT in Last Trade (Cash /Fut.): JPPOWER (Buy– 68; SL- No Sl; Tgt Later)

SESAGOA (Buy– 368; SL- 360; Tgt1- 374; Tgt2- 377+)

IBREALEST (Buy– 195.50; SL- 360; Booked Partial At 199)

Hot in Street — Sci, Nagarfert, Ibrealest, Gmdcl ltd, Abgship, Jpassociat, Indianb, Hindzinc, Neyvelilig, etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
GMR INFRA (59.20)	Must Buy At 59—57.5	60.20	61—62+	57	Low risk & high profitable scrip for day traders
ISPAT IND (23.85)	Buy C/Fut. At 23.8—23	24.50	25—25.50	22.5	One can maintain long position for Tgt 27-30+.
Derivative- Future (Strategy for today)
CAIRN (345.50)	Must Buy At 345—339	351	354—358	Bel 335	Max Profits: Unlimited	Short covering can be seen, Tgt 360++.
CAIRN PA 340 (4.15)	Buy when you buy fut.	Hedging Position			Max Loss: Rs  4000
GSPL (118.20)	Grab At 118—116	120.50	122—123.5	114.50	Max Profits: Unlimited	Good buying seen in last trading session.
……….. (……..)	………………	Hedging Position			Max Loss: Rs. 6000
=Derivative- Option Strategy
VIJAYABK CA 95 (2.0)	Must Buy At 2—1.50	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Keep spot SL at 85 & trade for 5-7 days.
VIJAYABK PA 85 (1.0)	Sell 2 Lot with CA 95				Max Loss: Unlimited

 

Last Trade (6^th October 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 280765.00 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 (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