Daily News Letter Dated 23rd September 2011---Gain from us. Visit: www.ibnservice.com OR http://ibnservices.blogspot.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 23^rd Sept 2011

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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: 4923.65 (209.60) Resis – 5000, 5150, 5240, 5300, 5400 Supports – 4900, 4800, 4700, 4600, 4500

SENSEX: Last Close: 16361.15 (704.00) Resis – 16650, 17150, 17300, 17500 Supports – 16300, 15850, 15500, 15100

Sensex Range This Week: 16300 - 17500 above which it will touch 18000 & Below Tgt 15800; Resis at 17500 closing.

Market has been under continuous sell-off in last session. One can buy at dip today for a bounce back in next 2-3 days, keep stop loss of 4800. Hot sectors for today: Oil & Gas.

 

BTST/ STBT in Last Trade (Cash /Fut.): TATACHEM (Buy – 328; Book 50% At 334 Same Day)

BPCL (Buy – 663; SL – No SL; Tgt Later)

Hot in Street — Hindpetro, Ioc, Acc, Ksoils, Bpcl, Ongc, Glaxo, Tatachem, Lupin, Biocon, Gail, Cipla etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3		SL	COMMENTS
Hot Today
HINDUNILVR (331.35)	Must Buy At 330—324	336.5	340—344		320	One can accumulate at dip for Tgt 350 soon.
ONGC (257.75)	Must Buy At 256—253	261.5	264—267		250	Scrip is oversold on charts, buy at dip Tgt 270.
Derivative- Future (Strategy for today)
HINDPETRO (373.00)	Must Buy At 372—366	379	382—385+		Bel 362	Max Profits: Unlimited	Oil marketing stock looks good on chart.
………….  (………)	Buy when you sell Fut.	Hedging Position				Max Loss: Rs. 4000
BATAINDIA (672.60)	Buy Around 672—660	684	690—696		Bel 655	Max Profits: Unlimited	Stock can short covering till expiry.
BATA PE 660 (8.50)	Buy when you buy Fut.	Hedging Position				Max Loss: Rs. 5000
Derivative- Option Strategy
NIFTY CE 4900 (88.0)	Must Buy At 88—80	Options Trading strategy with High Risk- High Gain.				Max Profits: Unlimited	Good option strategy till expiry for gains.
NIFTY  PE 4700 (28.40)	Sell 2 Lot with CE 4900					Max Loss: Rs. 5000 Apx
Investment Pick (Long Term)
TTML (532371)  (19.15)	Must Buy At 19—18	22		24—27+	One should accumulate at any dip for long term Tgt 30.

 

Last Trade (22^nd Sep 2011) Performance in OLC/ Nifty/ Option & BTST Calls: Total Profit/Loss: Rs 89000.00 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 September 2011. (Given on 5th Sept)
BANK BARODA (728.0)	Must Buy At 725—700	775	800—820	Bel 685	Book partial profit at 770 & revise sl cost2cost.
IVRCL INFRA (35.75)	Buy At 35—33	38	39—40+	Bel 32	Book max profit around 46.50—47, rest hold.
AURO PHARMA (128.3)	Buy At 125—120	136	140—145	Bel 117	Book partial profit at 138 & revise sl cost2cost.
JET AIRWAYS (281.70)	Must Buy At 280—273	300	310—320+	Bel 265	Book partial profit at 305 & revise sl cost2cost.

 

Weekly Performance Report (12^th – 16^th Sep) http://nse-bse.blogspot.com/2011/09/weekly-performance-report-equity-calls_16.html

Monthly Performance Equity Calls (Aug): http://nse-bse.blogspot.com/2011/08/monthly-performance-report-all-types-of.html

Monthly Performance All Nifty Calls (Aug): http://nse-bse.blogspot.com/2011/08/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (Aug) http://nse-bse.blogspot.com/2011/08/monthly-performance-report-commodity.html

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