Daily News Letter Dated 3rd January 2013-Gain from us. Visit: http://www.ibnservices.in/ OR http://ibnservices.blogspot.in OR http://nse-bse.blogspot.in OR http://mcx-ncdex.blogspot.in

Daily News Letter

Date: 3 January 2013

 

Support & Resistance

NIFTY:

Last Close: 5993.25 (Up 42.40)

Resistance Levels:  6000, 6130, 6200, 6350, 6500

Support Levels: 5850, 5700, 5600, 5420, 5330, 5200

SENSEX:

Last Close: 19714.24 (Up 133.43)

Resistance Levels:  19800, 20300, 20500,  21000, 21500

Support Levels: 19300, 8650, 18300, 18000, 17700, 17100

Sensex Range This Week: 18800 - 19800 above which it will touch 20300 & Below Target 18300; Good Support closing below 18000.

 

Market Commentary:

Finally the market is holding the upside & expected further rally toward 6150 & above in coming days but one should keep tight stop loss of 5850 for all long positions. Next major event is RBI policy which will give direction & above all till budget session market can hold uptrend with minor profit bookings in between.

Hot Sectors For Today: Oil-Gas & Bank.

 

Btst/Stbt, Hot in street & Results today

BTST/ STBT in last trade (Fut.):

Axisbank (Sell – 1399; SL- 1410; Tgt Later)

Hot in Street:

Auropharma , Sail, Zeel, Bpcl, Hindpetro, Ongc, Bhel, Maruti, Bataindia, Suntv, Ster, Ranbaxy etc.

 

Trading picks for today:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
CAIRN (320.00)	Buy At  320—316	327	330—333	312	Good bet for short term gain & Tgt 340—350.
YESBANK(487.85)	Must  Sell At 490—495	482	478—474	500	Profit booking can happen at rise, sell on rise.
Derivative- Future (Strategy for today)
SBIN (2468.00)	Must Sell At  2480-2510	2425	2400—2375	Abv 2540	Max Profits: Unlimited	All banking stock are near to top, sell now.
SBIN CE 2500 (56.20)	Buy when you Sell Fut.	Hedging Position			Max Loss: Rs. 3750
INFY (2325.65)	Buy At  2320—2290	2370	2395—2420	Bel 2260	Max Profits: Unlimited	Buy IT stocks at any dip for bounce back.
INFY PE 2300  (80.55)	Buy when you Buy Fut.	Hedging Position			Max Loss: Rs. 3750
Derivative- Option Strategy
TATAMO PE 320 (11.25)	Must Buy At 10—7	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One must trade & hold for 6—8 days for gain.
TATAMO CE 340(3.6)	Sell 2 Lot with PE 320
					Max Loss: Rs. 10000
Investment Pick (Long Term)
BAJAJHIND (500032) (26.0)	Must Buy At 25—22	35	42—50+	Time to buy all sugar stocks for next 1—2 years.

 

Monthly trading picks:

Monthly trading picks for January 2013
…………………. (85.10)	Must Buy C/Fut. 85—81	94	99—105+	Below 77	Accumulate for an upside to 100+ soon.
………………… (294.60)	Sell  Fut. At 298—310	275	265—255	Above 320	Profit booking can be seen, soon Tgt 250
…………………(314.0)	Must Sell Fut. 317—330	290	280—270	Above 340	One should sell on any rise for good gain
……………….  (19.35)	Must Buy C/Fut. 19—18	21	22—23+	17	Buy in bulk for good upside to 25+ soon.

 

Past performances

Last Trade (2^nd Jan 2013) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 40050.00 Approx.

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

http://nse-bse.blogspot.in/2012/12/weekly-performance-report-equity-calls_28.html

Monthly Performance Equity Calls (December):

http://nse-bse.blogspot.in/2012/12/monthly-performance-report-all-types-of.html

Monthly Performance All Nifty Calls (December):

http://nse-bse.blogspot.in/2012/12/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (December):

http://nse-bse.blogspot.in/2012/12/monthly-performance-report-commodity.html

 

Important Links

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

Subscription Details: http://www.ibnservices.in or http://ibnservices.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.in

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.ibnservices.in/ Call: (91) 9899909899