Daily News Letter Dated 1st November 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: 1 November 2012
Support & Resistance
NIFTY:
Last Close: 5619.70 (Up 21.80)
Resistance Levels: 5750, 5900, 6000, 6150, 6300
Support Levels: 5600, 5420, 5330, 5200, 5050
SENSEX:
Last Close: 18505.38 (Up 74.53)
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:
News based selling can be seen in 1st half session but a bounce can not be ruled out in 2nd half. Stock specific massive selling can be seen, but a good chance to buy at dips. Nifty has good support at 5550 & resistance at 5680 above which bulls will have upper hand, trade with the trend.
Hot Sectors For Today: Oil-Gas & Auto.
Btst/Stbt, Hot in street & Results today
BTST/ STBT in last trade (Fut.):
Reliance (Sell – 810; SL- 820; Tgt Later)
Hot in Street:
Zeel, Hindalco, Punjlloyd, Pfc, Tatamotors, Igl, Pantaloonr, Hindzinc, Suntv, Cipla, Sesagoa. Ster etc.
Trading picks for today:
SCRIP NAME (CMP)
|
ENTRY LEVEL
|
TGT1
|
TGT2—3
|
SL
|
COMMENTS
| ||
Hot Today
| |||||||
ONGC (268.50)
|
Must Buy At 268—263
|
273
|
275.5—278
|
260
|
Good buying can be seen on all Oil-Gas stocks.
| ||
BPCL (337.55)
|
Buy At 337—330
|
345
|
348—351+
|
325
|
Time to buy for good upside in coming days,
| ||
Derivative- Future (Strategy for today)
| |||||||
IDFC (163.35)
|
Sell Around 164--167
|
161
|
159.5—158
|
Abv 169
|
Max Profits: Unlimited
|
One can sell on any rise for downside.
| |
IDFC CE 170 (3.25)
|
Buy when you Sell Fut.
|
Hedging Position
|
Max Loss: Rs. 4000
| ||||
MARUTI (1443.00)
|
Sell Around 1445-1475
|
1415
|
1400—1385
|
Abv 1490
|
Max Profits: Unlimited
|
Not much upside can be seen, sell & hold.
| |
MARUT CE 1450 (35.0)
|
Buy when you Sell Fut.
|
Hedging Position
|
Max Loss: Rs. 3750
| ||||
Derivative- Option Strategy
| |||||||
RIL PE 800 (13.6)
|
Must Buy At Opening
|
Options Trading strategy with High Risk- High Gain.
|
Max Profits: Unlimited
|
One must trade & hold for 1—3 days for gain.
| |||
RIL CE 840 (7.45)
|
Sell 2 Lot with PE 800
| ||||||
Max Loss: Rs. 3500
| |||||||
Investment Pick (Long Term)
| |||||||
JISLJALEQS (500219) (65.4)
|
Must Buy At 65—60
|
85
|
100—120
|
Stock looks highly oversold on charts, go long at dips.
|
Monthly trading picks:
Monthly trading picks for November
| |||||
..........(........)
|
Must Buy At 122—118
|
132
|
136—140
|
Below 115
|
Stock can show good bounce this month.
|
.............(........)
|
Must Buy At 300—290
|
330
|
340—350+
|
284
|
One can buy at dip for good upside soon.
|
............(.........)
|
Must Buy At 63—61
|
70
|
73—77+
|
58
|
Low risk scrip for short term traders.
|
............(.........)
|
Must Buy At 325—315
|
355
|
365—375+
|
309
|
Trade with trend expected good upside.
|
Past performances
Last Trade (31st Oct 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 69400.00 Approx.
Weekly Performance Report (22nd – 26th October):
Monthly Performance Equity Calls (October):
Monthly Performance All Nifty Calls (October):
Monthly Performance Commodity Calls (October):
Important Links
Phone Nos.: 91- 9899-90-9899 OR 9968-443-444 OR 9311-35-3399
Messenger id: Yahoo OR GTalk: ibnservicesdelhi OR ibncommodity
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
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