INDIAN STOCK MARKET NEWS LETTER FOR 06/09/2010

N. Karunakaran

Real time Experience in Indian Stock Market Over 18 Year

Cell: 09282150677: SMS Cell: 09884387259 Email: karunakaran@investearn.com

For details about our services details and past performance kindly visit Http://www.investearn.com/

For free two days SMS trail send your mobile number

For free two days News Letter trail send your Email address

Our service users will be receiving both cash and F&O levels

And many more calls in our Daily/Weekly News letter

You can call us during Trading hours about our calls

For 06-September-2010

Market Trend -Short term -Bullish-Intermediate term-Bearish-Long Term-Bullish

Suggested standing placement of fail-safe stops...

If Weekly Nifty future Long -- exit all contracts at ... 4,786.45

If Weekly Nifty future Short -- exit all contracts at ... 5,542.90

Weekly NSE Index (C-5479.40) Resistance 5545 5615

Weekly NSE Index Support 5445 5380 5280

Weekly BSE Sensex (C-18221.43) Resistance 18450 18670

Weekly BSE Sensex Support 18130 17900 17595

Weekly Nifty Future (C-5484.90) Resistance 5545 5605

Weekly Nifty Future Support 5450 5390 5290

Weekly Bank Future (C-10977.70) Resistance 11105 11230

Weekly Bank Future Support 10870 10745 10515

Suggested standing placement of fail-safe stops...

If Daily Nifty future Long -- exit all contracts at ... 5,356.00

If Daily Nifty future Short -- exit all contracts at ... 5,542.90

Daily NSE Index (C-5479.40) Resistance 5490 5505 5525

Daily NSE Index Support 5465 5450

Daily BSE Sensex (C-18221.43) Resistance 18250 18290 18360

Daily BSE Sensex Support 18180 18135

Daily Nifty Future (C-5484.90) Resistance 5485 5500 5515

Daily Nifty Future Support 5470 5455

Daily Bank Future (C-10977.70) Resistance 11015 11050

Daily Bank Future Support 10965 10930 10885

Short Term Buy Calls

High risk high gain zone with shorter time

ASHOKLEY-FUT(C-76): Weekly Chart Looking Strong: Buy around 74.8 Target1-77.9, Target2-(Paid):Support1-72.9-Support2-69.8

HOTELEELA(C-54.9): Weekly Chart Looking Strong: Buy around 53.5 Target1-56.7, Target2-(Paid):Support1-51.8-Support2-48.6

DEEPAKFERT(C-176.8): Daily Chart Looking Strong: Buy around 175 Target1-181, Target2-(Paid):Support1-171 -Support2-164

FINPIPE(C-107): Daily Chart Looking Strong: Buy around 105 Target1-110, Target2-(Paid):Support1-102 -Support2-97

As per our level, the trader should take BUY position just around our buy around level and keep the stop of Support1 level and the first target would be Target1. If Target1 is crossed then Target2 becomes the next target with the stop at buy around level .Similarly if price goes around our Sell around level the trader should SELL and keep the Resistance1 as Stop and the first target would be Target1. If Target1 is crossed then Target2 becomes the next target with the stop at Sell around level. If any time stop triggered (Buy/Sell) go reverse(buy calls  mean go short-Sells call mean go long )- For buy call stop (Support1) triggered- you go short and keep target as Support2 and keep stop as Buy around- For sell call stop triggered(Resistance1)-you go long and seep target as Resistance2 and keep stop Sell around level    

__________________________________________________________________________________________________________________________

For more calls and intra day SMS subscribe with us:

Disclosure:

The analyst and his dependents hold no positions in the stocks/futures where calls are given.