Daily News Letter Dated 7th 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 7^th Oct 2011

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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: 4751.30 (20.85) Resis – 4880, 4950, 5030, 5100, 5150 Supports – 4720, 4650, 4500, 4400, 4200

SENSEX: Last Close: 15792.41 (72.45) Resis – 16300, 16650, 17000, 17200 Supports – 15600, 15300, 14800, 14500

Sensex Range This Week: 15500 - 17300 above which it will touch 17700 & Below Tgt 15000; Resis at 16800 closing.

Nifty will open gap up of around 100+ points but its holding above 4880 will be crucial. Nifty has support at 4720 below which further bloodbath expected. Hot sectors for Today: Infra.

 

BTST/ STBT in Last Trade (Cash /Fut.): WIPRO (Buy – 332; SL –328; Tgt-339, Tgt-343,Tgt-347)

RCOM (Sell – 73; SL –74; Tgt-71.5, Tgt-70.50, Tgt-69)

Hot in Street — Sun, Dlf, Educomp, Jpassociat, Areva, Orchid, Bhusanstl, Sun, Tatapower, Hcc, Sintex etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3		SL	COMMENTS
Hot Today
HDIL (90.85)	Must Buy At Opening	93	94—95++		89	Infra stocks can show good momentum today.
PETRONET (157.70)	Buy At 157.5—155	161	162.5—164		153	No risk for traders, expected good rise, Tgt 165+
Derivative- Future (Strategy for today)
ONGC (265.35)	Must Buy At 265—260	270	272.5—275		Bel 257	Max Profits: Unlimited	Worst is over for time being, Tgt 275+
ONGC PE 260  (5.05)	Buy when you buy Fut.	Hedging Position				Max Loss: Rs. 3000
VIPIND (844.00)	Sell At 850—870	835	827—820		Abv 880	Max Profits: Unlimited	Profit booking will be seen for n2-3 days
VIPIND CE 900 (15.0)	Buy when you sell Fut.	Hedging Position				Max Loss: Rs. 5000
Derivative- Option Strategy
TATAMOT CE150(6.6)	Must Buy At 6.5—5	Options Trading strategy with High Risk- High Gain.				Max Profits: Unlimited	Good option strategy for 2-4 days for gains.
TATAMOT PE140(5.1)	Sell 2 Lots with CE 150					Max Loss: Rs. 6500
Investment Pick (Long Term)
IFCI (500106)  (30.70)	Must Buy At 30.5—29	37		40—45	One should accumulate at any dip for long term Tgt 60.

 

Last Trade (5^th Oct 2011) Performance in OLC/ Nifty/ Option & BTST Calls: Total Profit/Loss: Rs 33600.00 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 620	One can buy at any dip for good rise to 700+.
HINDOILEXP (108.00)	Buy At 107—103	115	120—125+	Bel 100	Low risk & high profiting stock for short term.
RUCHISOYA (111.35)	Sell Fut. At 112—116	103	98—95	ABv 120	Stock showing sign of profit booking, Tgt 100.
MCLEODRUSS (237.70)	Must Buy At 235—228	255	262—269	Bel 220	Take a chance to buy at dip for good upside.

 

Weekly Performance Report (26^th – 30^th Sep) http://nse-bse.blogspot.com/2011/09/weekly-performance-report-equity-calls_30.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