Daily News Letter Dated 18th November 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 18^th November 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: 5988.70 (132.90) Resis – 6350, 6400, 6500, 6666, 6750 Supports – 6000, 5910, 5850, 5650, 5500

SENSEX: Last Close: 19865.14 (444.55) Resis – 21250, 21400, 21750, 22250 Supports – 20000, 19700, 19400, 18700

Sensex Range This Week: 20500 - 21800 above which it will touch 22200 & Below Tgt 19800; Support at 20000 closing.

Nifty has broken crucial level of 6000 below which shows further weakness toward 5900-5800. One can sell on every rise for gain. Hot Sector for Today: Banking & Metal.

BTST/ STBT in Last Trade (Cash /Fut.): TATASTEEL (Buy– 602; SL- 590; Tgt Later)

DENABANK (Buy– 137.50; SL- No Sl; Tgt1- 140+)

Hot in Street — Educomp, Bataindia, Litl, Exideind, Dishtv, Glaxo, Bhartiartl, Cumminsind, Colpal etc.

 Results Today —Teledata techonology solutions, Tulsi extusions, Automotive axles etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
IDBI (186.50)	Must Buy At 186.5—183	190	192—194+	181	Intraday traders can buy at dips for gain.
MUNDRAPORT (148.40)	Buy C/Fut. 148-145	151	152.5—154	143	Highly oversold, expect sharp short covering.
Derivative- Future (Strategy for today)
TRIVENI (107.65)	Must Buy At 107.5—105.5	109.5	110.5—112	Bel 104	Max Profits: Unlimited	High risk-high gain, buy on dips.
…………….  (……..)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs  3000
HINDALCO (212.20)	Sell At 212—216	208	206—204	Bel 220	Max Profits: Unlimited	We see profit booking, Tgt 200—195 soon.
……………     (……..)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 8000
=Derivative- Option Strategy
RCOM CA 160 (5.15)	Must Buy At 5-4	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade in bulk & hold till expiry.
RCOM PA 150 (1.00)	Sell 2 Lot with CA 160				Max Loss: Rs. 4000

 

Last Trade (16^th November 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 134700.00 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 November 2010.
MTNL (67.40)	Must Buy At 67--64	73	75—78	Below 62	Booked partial profit around 73, revise SL 65.
ESSAROIL (147.15)	Must Buy At 147—140	160	165—170	135	Book partial profit around 158-160, hold long.
HCC (61.0)	Buy Bulk At 61—59	67	70—73	57	Book partial profit at 67, hold long, Tgt 72-75.
IOB (159.65)	Buy At 160—154	175	180—185	Bel 150	Book partial profit at 175 & remain long T 180

 

Weekly Performance Report (8^th Nov – 12^th Nov) http://nse-bse.blogspot.com/2010/11/weekly-performance-report-including-all_13.html

Monthly Performance Equity Calls (Oct): http://nse-bse.blogspot.com/2010/10/monthly-performance-report-including.html

Monthly Performance All Nifty Calls (Oct): http://nse-bse.blogspot.com/2010/10/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (oct) http://nse-bse.blogspot.com/2010/10/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