Daily News Letter Dated 24th 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 24^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: 5934.75 (75.25) Resis – 6000, 6120, 6200, 6350, 6400 Supports – 5850, 5750, 5650, 5500, 5350

SENSEX: Last Close: 19691.84 (265.75) Resis – 20000, 20400, 20700, 21250 Supports – 19350, 19000, 18650, 18200

Sensex Range This Week: 19000 - 20700 above which it will touch 21000 & Below Tgt 18500; Resis at 20000 closing.

Nifty is finding next support at 5800 below which 5650 visible, we smell sharp selling pressure in coming days, even a lower circuit heard, confirm yourself. Hot Sector for Today: Fertilizer.

BTST/ STBT in Last Trade (Cash /Fut.): M&M (Buy– 760; SL- No Sl; Booked Partial At 768 Same Day)

UCOBANK (Buy– 148; SL- No SL; Booked Partial At 149.50 Same Day)

Hot in Street — Mphasis, Dishtv, Orchidchem, Patni, Abgship, Indusindbk, Bajajauto, Chamblfert etc.

Results Today — Ksoils, Siemens, Amtekauto, Amtekindia, Bell ceramics, Ahmednagar forgings etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT 2	SL	TREND
Hot Today
CHAMBALFER (88.6)	Must Buy At 88.5—86	90	91—92++	85	One must accumulate at dips for Tgt 100+ soon.
HEXAWARE (85.90)	Buy C/Fut. At 86—84	87.5	88.25—89+	83	Good pick among mid-cap IT sector, Tgt 90-92.
Derivative- Future (Strategy for today)
TATACHEM (382.00)	Must Buy At 380—373	388	391—395	Bel 368	Max Profits: Unlimited	All fertilizer stocks r on hot seat on news.
………….. (………)	…………………	Hedging Position			Max Loss: Rs  2500
UNITECH (66.85)	Buy At 66.5—65	68	69—70+	Bel 64	Max Profits: Unlimited	All Infra stocks can show short covering.
UNITECH PA 65   (0.8)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
=Derivative- Option Strategy
NIFTY CE 5900 (60.00)	Must Buy At 55—40	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Must Trade & hold till expiry for good gains.
NIFTY PE 5900  (29.00)	Buy 1 Lot with CE5900				Max Loss: Rs. 4000

 

Last Trade (23^rd November 2010) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs159700.00 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 (15^th Nov – 19^th Nov) http://nse-bse.blogspot.com/2010/11/weekly-performance-report-including-all_20.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

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