Daily News Letter Dated 2nd November 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 2^nd Nov 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: 5257.95 (68.65) Resis – 5400, 5500, 5600, 5700, 5800 Supports – 5150, 5000, 4900, 4800, 4650

SENSEX: Last Close: 17480.83 (224.18) Resis – 18000, 18300, 18650, 19000 Supports – 17200, 16650, 16300, 15850

Sensex Range This Week: 17000 - 18000 above which it will touch 18500 & Below Tgt 16500; Resis at 18000 closing.

Nifty will show gap down opening but a sharp recovery can be seen in mid-session. One should buy at dips with stop loss 5200 for bounce back. Hot sectors for Today: Oil & Gas.

 

BTST/ STBT in Last Trade (Cash /Fut.): TATAMOTORS (Buy – 193; SL- 190; Tgt1- 195, Tgt2-197+)

HINDALCO (Sell – 136.5; SL- 138; Tgt1- 134.5, Tgt2-133+)

Hot in Street — Havells, Gmdc, Abirlanuvo, Orchid, Colpal, Pfc, Fortis, Hindunilvr, Glaxo, Bankbaroda etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1	TGT2—3		SL	COMMENTS
Hot Today
HINDOILEXP (114.45)	Must Buy At 114—111	116.50	118—119.5		109	All Oil & Gas stocks will be on hot seat today.
IFCI (31.70)	Buy At 31.50—30.50	32.50	33—33.50		30	Stock can show bounce back from lower levels.
Derivative- Future (Strategy for today)
UNIONBANK (223.10)	Must Sell At 223—227	218	216—214		Abv 230	Max Profits: Unlimited	We can see profit booking with Mkt.
……………… (……….)	Buy when you sell Fut.	Hedging Position				Max Loss: Rs. 3000
TECHM (593.95)	Buy At 593—585	600	605—610+		Bel 580	Max Profits: Unlimited	Keep an eye on mid cap IT stocks today.
………….. (…….)	……………	Hedging Position				Max Loss: Rs. 2500
Derivative- Option Strategy
NIFTY CE 5300 (104.8)	Must Buy At 100—85	Options Trading strategy with High Risk- High Gain.				Max Profits: Unlimited	Trade & hold for 4-5 days for good gains.
NIFTY CE 5400 (61.65)	Sell 2 Lot with CE5300					Max Loss: Rs. 6000
Investment Pick (Long Term)
LML (500255) (10.75)	Must Buy At 10.75—10	14		17—20+	Good pick for long term investment, must buy in bulk.

 

Last Trade (1^st Nov 2011) Performance in OLC/ Nifty/ Option & BTST Calls: Total Profit/Loss: Rs 104475.00 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 2011.
LITL (16.45)	Must Buy At 16—15	18	19—20+	Bel 14	Good scrip for long term trader, buy at dips.
RAYMOND (389.30)	Sell Fut. At 390--400	370	360—350	Abv 410	Weakness is seen on daily chart sell on any rise
ACC (1195.25)	Sell Fut. At 1195—1225	1100	1070-1040	Abv 1250	Stock is overbought on chart, anytime free fall.
BAJAJ HIND (38.40)	Must Buy At 38—37	41	43—45+	Bel 36	All sugar stocks are oversold on daily chart.

 

Weekly Performance Report (24^th – 28^th Oct) http://nse-bse.blogspot.com/2011/10/weekly-performance-report-equity-calls_28.html

Monthly Performance Equity Calls (Oct): http://nse-bse.blogspot.com/2011/10/monthly-performance-report-all-types-of.html

Monthly Performance All Nifty Calls (Oct): http://nse-bse.blogspot.com/2011/10/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (Oct): http://nse-bse.blogspot.com/2011/10/monthly-performance-report-commodity.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