Daily News Letter Dated 6th September 2012-Gain from us. Visit: http://www.ibnservice.com/ OR http://ibnservices.blogspot.in OR http://nse-bse.blogspot.in OR http://mcx-ncdex.blogspot.in

Daily News Letter

Date: 6 Sep 2012

 

Support & Resistance

NIFTY:

Last Close: 5225.70  (Down 48.30)

Resistance Levels: 5450, 5630, 5750, 5900, 6000

Support Levels: 5200, 5050, 4910, 4800, 4650

SENSEX:

Last Close:  17313.34 (Down 127.53)

Resistance Levels: 18000, 18500, 19000, 19500, 20000

Support Levels: 17100, 16600, 16300, 15800, 15300

Sensex Range This Week: 17100 - 18000 above which it will touch 18500 & Below Target 16300; Good Support closing below 17100.

 

Market Commentary:

Today will be an opportunity to buy at dips around 5200—5180 keeping tight stop loss at 5130 for going long. Many of frontline stocks are oversold on daily chart & require technical bounce back, start buying at dips for good upside soon.

Hot Sectors For Today: Metal & IT.

 

Btst/Stbt, Hot in street & Results today

BTST/ STBT in last trade (Fut.):

Tatasteel  (Buy– 352.50;  SL- 350; Tgt Later)

Hot in Street:

Gmrinfra, Idea, Bhartiartl, Ioc, Arvind, Tatachem, Igl, Tcs, Max, Pantaloonr, Zeel, Ongc, Hdfcbank, Itc, Suntv etc.

 

Trading picks for today:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
HINDALCO  (100.85)	Must Buy 100.50—98.5	102.5	103.5—104.5	97	All metal stocks are looking oversold, buy now
BHEL  (207.65)	Buy  At 207—203	211	213—215+	200	High risk high gain stocks for intra-day trader
Derivative- Future (Strategy for today)
SBIN (1841.85)	Buy At  1840—1805	1875	1894—1915	Bel 1780	Max Profits: Unlimited	One should go long with hedging for gain
SBIN PE 1800 (34.85)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 3125
HCLTECH  (563.20)	Sell Around  564—575	554	549—544	Abv 580	Max Profits: Unlimited	Sell on any rise for downside to 540 soon
HCLTE CE 560 (14.60)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs. 2500
Derivative- Option Strategy
TATASTL CE 360 (8.7)	Must Buy At 8—5	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One must trade & hold for 4—7 days for gain.
TATASTL PE 320  (2.45)	Sell 2 Lots with CE 360
					Max Loss: Rs. 6000
Investment Pick (Long Term)
SKUMARS (514304) (17.70)	Must Buy At 17.50—16	25	28—32+	Accumulate in bulk quantity for long term Tgt 30--40

 

Monthly trading picks:

Monthly trading picks for September (Rates as on 4th September)
SKUMARSYN  (18.30)	Must Buy At 17.70—17	20	21—22+	16	One should accumulate for good upside.
BANKINDIA  (262.35)	Buy Around 258—250	285	295—305+	242	One of the best pick among banking stk.
RCOM  (50.15)	Grab Around 49—47	55	58—61+	45	All telecom stocks should be bought now.
HINDALCO  (103.75)	Must Buy At 102—99	112	117—122+	95	Metal stocks can show a good upside.

 

Past performances

Last Trade (5^th Sep 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 3000.00 Approx.

Weekly Performance Report (27^th – 31^st August):

http://nse-bse.blogspot.in/2012/08/weekly-performance-report-equity-calls_31.html

Monthly Performance Equity Calls (Aug):

http://nse-bse.blogspot.in/2012/08/monthly-performance-report-all-types-of_31.html

Monthly Performance All Nifty Calls (Aug):

http://nse-bse.blogspot.in/2012/08/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (Aug):

http://nse-bse.blogspot.in/2012/08/monthly-performance-report-commodity.html

 

Important Links

Phone Nos.: 91- 9899-90-9899 OR 9968-443-444 OR 9311-35-3399

Subscription Details: http://ibnservices.blogspot.in or http://ibninfo.blogspot.in

Subscription charges for our calls in equity market: http://ibnequity.blogspot.in

Subscription charges for our calls in commodity market: http://ibncommodity.blogspot.in

Performance of our calls in equity market: http://nse-bse.blogspot.in

Performance of our calls in commodity market: http://mcx-ncdex.blogspot.in

E-Mail id.: ibnservices@gmail.com or indiastock@gmail.com or info@ibnservices.com

Twitter: http://twitter.com/ibnservices

FAQ: http://ibnfaq.blogspot.in

Messenger id: Yahoo OR GTalk: ibnservicesdelhi OR ibncommodity

Face book: http://www.facebook.com/profile.php?ref=profile&id=100000585243122

Orkut: http://www.orkut.co.in/Main#Profile?uid=10180667328369587673

Yahoo Group (Equity): http://finance.groups.yahoo.com/group/NSE_BSE/

Yahoo Group (Commodity): http://finance.groups.yahoo.com/group/ibncommodity/

Leave your valuable feedback here: http://ibnfeed.blogspot.in

How to trade with our calls: http://ibnguide.blogspot.in

Pay Per Call: http://percall.blogspot.in

 

Disclaimer

Kindly read carefully before trading with us:

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/ IBN Services 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/ IBN Services especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letters or websites or through any medium (like: messenger/ sms/ group websites etc). You are responsible for your own investment/ trading decisions. India Stock/ IBN Services 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/ IBN Services 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.  All disputes subject to Delhi jurisdiction only. No part of any material may be duplicated in any form and/or distributed without IBN Services prior written consent. By: IBN Services Write to: ibnservices@gmail.com Visit: http://ibnservices.blogspot.in OR http://www.ibnservice.com/ Call: (91) 9899909899