Daily News Letter Dated 17th September 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: 17 September 2013

 

Support & Resistance

NIFTY:

Last Close: 5840.55 (Down 10.05)

Resistance Levels: 5900, 6080, 6180, 6300, 6450

Support Levels: 5650, 5500, 5300, 5200, 5050

SENSEX:

Last Close: 19742.47 (Up 9.71)

Resistance Levels: 20000, 20650, 21000, 21500, 22000

Support Levels: 19000, 18500, 17850, 17500, 17000

Sensex Range This Week: 19000 - 20300 above which it will touch 20800 & Below Target 18500; Good resistance closing above 20000.

 

Market Commentary:

Nifty will find strong support at 5800 today but the short term trend can be down. If Nifty closes below 5800 mark for 3 consecutive days then 5600—5500 can be easily seen. All eyes will be on RBI meet this week for further trend.

Hot Sectors For Today: IT & Banking.

 

Btst/Stbt, Hot in street & Results today

BTST/ STBT in last trade (Fut.):

Icicibank Fut. (Sell – 966; SL –No; Tgt - Later)

Top 10 Derivatives in the Street: Nhpc, Icicibank, Yesbank, Maruti, Powergrid, Heromotoco, M&M, Jswsteel, Idea, Bhartiartl, Indusindbk, Axisbank, Ucobank etc.

 

Trading picks for today:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
MARUTI (1362.00)	Must Sell At 1365—1380	1340	1325—1310	1390	Profit booking expected, Sell with mkt trend.
ACC (1048.50)	Sell C/Fut. At 1050-1060	1030	1020—1010	1070	All cement stocks are expected to fall 5% soon
Derivative- Future (Strategy for today)
SUNPHARMA (563.00)	Must Sell At 565—572	555	550—545	Abv 580	Max Profits: Unlimited	Stock should show profit booking now.
SUNPH CE570 (14.70)	Buy when you Sell Fut.	Hedging Position			Max Loss: Rs. 4000
AXISBANK (1080.10)	Sell At 1085—1100	1060	1050—1040	Abv 1120	Max Profits: Unlimited	Go short at any rise with hedge of options
AXISBK CE 1100 (41.0)	Buy when you Sell Fut.	Hedging Position			Max Loss: Rs. 5000
Derivative- Option Strategy
ICICIBK PE 960 (32.85)	Buy  At 30—20	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Keep spot SL at 1020, trade in bulk for gain.
ICICIBK CE1040 (12.6)	Sell 2 Lots with PE 960				Max Loss:  Rs. 10000
Investment Pick (Long Term)
SINTEX (502742) (18.15)	Must Buy At 17—15	30	50—70+	Buy in bulk for short term upside to 30+ even 40+

 

Monthly trading picks:

Monthly trading picks for September 2013
PNB (430.05)	Grab At 420—400	465	490—515	Below 380	Booked full profit at 520 on 13th Sept.
…………….. (…….)	……………….	……	……………..	…………	…………………………………………
TCS (2033.20)	Must Sell At 2080—2190	1850	1770—1700	Below 2250	Booked small profit at 1910 on 16th Sept.
IDFC (80.50)	Buy At 78—74	87	92—97+	Below 70	Booked 75% profit at 99 on 12th Sept.

 

Past performances

Last Trade (16^th September 2013) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 186600.00 Approx.

Weekly Performance Report (9^th – 13^th September 2013):

http://nse-bse.blogspot.in/2013/09/weekly-performance-report-equity-calls_14.html

Monthly Performance Equity Calls (August):

http://nse-bse.blogspot.in/2013/08/monthly-performance-report-all-types-of.html

Monthly Performance Nifty/ Bank Nifty Calls (August):

http://nse-bse.blogspot.in/2013/08/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (August):

http://nse-bse.blogspot.in/2013/08/monthly-performance-report-commodity.html

 

Important Links

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

Subscription Details: http://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 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

 

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