Daily News Letter Dated 10th October 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: 10 October 2012

 

Support & Resistance

NIFTY:

Last Close: 5704.60  (Up 28.60)

Resistance Levels:  5750, 5900, 6000, 6150, 6300

Support Levels: 5420, 5330, 5200, 5050, 4910

SENSEX:

Last Close:  18793.36 (Up 84.38)

Resistance Levels:  19000, 19500, 20000, 20500,  21000

Support Levels: 18000, 17700, 17100, 16600, 16300

Sensex Range This Week: 18000 - 19300 above which it will touch 20000 & Below Target 17500; Good Resistance closing above 19100.

 

Market Commentary:

Traders should sell on rise toward 5820-5750 as we expect the market to show weakness at every rise. Nifty has good support at 5630 for time being but panic can emerge suddenly. Traders can remain short keeping stop loss of 5850 closing basis. We do not see major spike here.

Hot Sectors For Today: Oil-Gas & Bank

 

Btst/Stbt, Hot in street & Results today

BTST/ STBT in last trade (Fut.):

Tatasteel  (Sell– 412;  SL- 418; Tgt  Later)

Hot in Street:

Mcdowell, Yesbank, Sunpharma, Sintex, Ktkbank, Hindzinc, Biocon, Kotakbank, Petronet, Iob, Icicibank etc.

 

Trading picks for today:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
CAIRN (331.00)	Must Buy 330—324	336	339—342	320	Stock can be bought at any dip for good rise.
SYNDIBANK (115.85)	Sell At 116—118.50	113.5	112.2--111	120	Panic can be seen in all banking stocks on rise.
Derivative- Future (Strategy for today)
INFY  (2526.30)	Sell At  2530—2580	2480	2455--2430	Abv 2610	Max Profits: Unlimited	Low risk scrip for intra-day traders.
INFY CE 2600  (75.3)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs. 3750
YESBANK  (394.85)	Sell Around  395--402	388	385—382	Abv 406	Max Profits: Unlimited	One can sell & hold for good downside.
YESBANK CE400 (11.0)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs. 4000
Derivative- Option Strategy
NIFTY PE 5700  (62.90)	Must Buy At 60—50	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One must trade & hold for 5-10 days for gain.
NIFTY CE 5900  (16.65)	Sell 2 Lot with PE 5700
					Max Loss: Unlimited
Investment Pick (Long Term)
SUZLON (532667) (17.15)	Must Buy At 17—16	22	25—30+	Worst is over, one should buy at every dip for Tgt 50+

 

Monthly trading picks:

 

Monthly trading picks for October (Rates as on 28th September)
GRASIM  Fut. (3342.2)	Must Sell At 3370—3450	3050	2900—2750	3500	Booked 50% at 2850 on 5th October.
IDFC Fut. (155.35)	Sell Around  158—163	142	137—132	167	Booked 50% at 135 on 5th October.
MCDOWELL  (1238.0)	Sell Around 1260—1300	1130	1090—1050	1330	Booked partial at 1170 on 8th October.
OPTOCIRCUI  (130.7)	Must Buy At 130—125	142	147—152	122	Booked partial at 141.50 on 8th October.

 

Past performances

Last Trade (9^th Oct 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 72490.00 Approx.

Weekly Performance Report (24^th – 28^th September):

http://nse-bse.blogspot.in/2012/09/weekly-performance-report-equity-calls_28.html

Monthly Performance Equity Calls (Sept):

http://nse-bse.blogspot.in/2012/09/monthly-performance-report-all-types-of.html

Monthly Performance All Nifty Calls (Sept):

http://nse-bse.blogspot.in/2012/09/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (Sept):

http://nse-bse.blogspot.in/2012/09/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