Daily News Letter Dated 24th October 2011-Gain from us. Visit: http://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 24^th Oct 2011

Phone: (91) 9899909899; 9968443444; 9311353399

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Advice: Book profits in Day-trade at gain of 2--3% in stock (Cash/Fut.) & don’t take risk with your money.

NIFTY: Last Close: 5049.95 (41.95) Resis – 5150, 5200, 5250, 5330, 5400 Supports – 5000, 4900, 4800, 4720, 4650

SENSEX: Last Close: 16785.64 (151.25) Resis – 17200, 17500, 17700, 18000 Supports – 16650, 16300, 16000, 15750

Sensex Range This Week: 16300 - 17500 above which it will touch 18000 & Below Tgt 15500; Resis at 17300 closing.

Nifty will show gap up opening with global cues but we can see profit booking in mid-session. Nifty will find support at 5000—4970 & Resis at 5080—5100. Hot sectors Today: Infra & IT.

BTST/ STBT in Last Trade (Cash /Fut.): POLARIS (Buy – 132.5; SL- No SL; Tgt-136.5, Tgt-138)

Hot in Street — Patni, Hcltech, Maruti, Bhel, Hindpetro, Jswsteel, Tcs, Gspl, Balramchini, Rpower  etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3		SL	COMMENTS
Hot Today
IFCI (30.20)	Must Buy At 30—29.5	30.5	31—31.5		29	Short covering can be seen in the scrip, Tgt 32+.
UNITECH (26.60)	Buy At 26.5—26	27	27.25-27.5		25.5	High risk traders can take position with given sl
Derivative- Future (Strategy for today)
RCOM  (74.65)	Must Buy At 74.5—73	76	76.75-77.5		Bel 71.5	Max Profits: Unlimited	One should watch all Adag stocks today.
RCOM PE 75  (1.40)	Buy when you buy Fut.	Hedging Position				Max Loss: Rs. 3000
TATAMOTOR (178.25)	Sell At 178.5—182	175	173—171		Bel 184	Max Profits: Unlimited	Profit booking can be seen, Tgt 170-167.
TATAMO CE 180 (2.6)	Buy when you buy Fut.	Hedging Position				Max Loss: Rs. 2500
Derivative- Option Strategy
DLF  CE 230 (2.10)	Must Buy At 2.0—1.5	Options Trading strategy with High Risk- High Gain.				Max Profits: Unlimited	Good option strategy for 3-4 days for gains.
DLF PE 210 (1.00)	Sell 2 Lot with CE 230					Max Loss: Rs. 4000
Investment Pick (Long Term)
UNITECH(507878) (25.9)	Must Buy At 25—23	32		35—40+	Stock is hammered with bad news but good 4 long term

 

Last Trade (21^st Oct 2011) Performance in OLC/ Nifty/ Option & BTST Calls: Total Profit/Loss: Rs 25900.00 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 2011.
BATA INDIA (647.55)	Must Buy At 645—630	675	685—695+	Bel 610	Booked 75% at 695 on 17th Oct revise SL c2c
HINDOILEXP (108.00)	Buy At 107—103	115	120—125+	Bel 100	Booked partial at 112 on 11th Oct revise SL c2c
RUCHISOYA (111.35)	Sell Fut. At 112—116	103	98—95	ABv 120	Booked 50% at 105 on 19th Oct revise SL c2c
MCLEODRUSS (237.70)	Must Buy At 235—228	255	262—269	Bel 220	Booked 75% at 265 on 13th Oct revise SL c2c

 

Weekly Performance Report (17^th – 21^st Oct) http://nse-bse.blogspot.com/2011/10/weekly-performance-report-equity-calls_22.html

Monthly Performance Equity Calls (Sept): http://nse-bse.blogspot.com/2011/09/monthly-performance-report-all-types-of.html

Monthly Performance All Nifty Calls (Sept): http://nse-bse.blogspot.com/2011/09/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (Sept): http://nse-bse.blogspot.com/2011/09/monthly-performance-report-nifty.html

Disclaimer – India Stock {A unit of 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