Daily News Letter Dated 29th 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: 29 October 2012
Support & Resistance
NIFTY:
Last Close: 5664.30 (Down 41.00)
Resistance Levels: 5750, 5900, 6000, 6150, 6300
Support Levels: 5600, 5420, 5330, 5200, 5050
SENSEX:
Last Close: 18625.34 (Down 133.29)
Resistance Levels: 19000, 19500, 20000, 20500, 21000
Support Levels: 18300, 18000, 17700, 17100, 16600
Sensex Range This Week: 18500 - 19300 above which it will touch 20000 & Below Target 17500; Good Resistance closing above 19100.
Market Commentary:
We expect a bounce in the market today. One can buy at any dip toward 5640—5620 for bounce back. Market will show volatility until RBI meeting & find the direction with the news of rate revision. Traders can go long for next 1—2 days keeping options as hedge for good gain.
Hot Sectors For Today: Bank & Auto.
Btst/Stbt, Hot in street & Results today
BTST/ STBT in last trade (Fut.):
Bankindia (Buy – 287; Book Partial At 289.35 Same Day)
Hot in Street:
Chamblfert, Bhel, Gspl, Uniphos, Gail, Irb, Raymond, Acc, Arvind, Hindpetro, Tcs, Hdfcbank, Ster etc.
Trading picks for today:
| SCRIP NAME (CMP) | ENTRY LEVEL | TGT1 | TGT2—3 | SL | COMMENTS | ||
| Hot Today | |||||||
| ONGC (274.60) | Must Buy At 274—269 | 279 | 281.5—284 | 265 | All Oil-Gas stocks can show good upside today | ||
| RELINFRA (490.30) | Buy At 490—482 | 498 | 502—506 | 476 | Try to buy at dips only for a bounce back. | ||
| Derivative- Future (Strategy for today) | |||||||
| SBIN (2185.9) | Buy Around 2185-2145 | 2225 | 2245—2265 | Bel 2120 | Max Profits: Unlimited | Stock can show good upside very soon. | |
| SBIN PE 2150 (65.00) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs. 3125 | ||||
| LT (1717.30) | Sell Around 1720-1750 | 1690 | 1675—1660 | Abv 1770 | Max Profits: Unlimited | Trade with the trend with option as hedge. | |
| LT CE 1750 (32.30) | Buy when you sell Fut. | Hedging Position | Max Loss: Rs. 5000 | ||||
| Derivative- Option Strategy | |||||||
| RELCAP CE 420 (19.7) | Must Buy At 19—15 | Options Trading strategy with High Risk- High Gain. | Max Profits: Unlimited | One must trade & hold for 2—5 days for gain. | |||
| RELCAP PE 400 (10.8) | Buy 1 Lot with CE 420 | ||||||
| Max Loss: Rs. 10000 | |||||||
| Investment Pick (Long Term) | |||||||
| NETWORK-18 (532798) (37) | Must Buy At 35—31 | 50 | 60—75+ | Volume based buying seen, good for long term invest. | |||
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 1180 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 (26th Oct 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 39775.00 Approx.
Weekly Performance Report (22nd – 26th October):
http://nse-bse.blogspot.in/2012/10/weekly-performance-report-equity-calls_27.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
posted by NSE_BSE at Monday, October 29, 2012
<< Home