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Daily newsletter stoplosstrade 6th dec 2012

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  • 1. 12/06/2012 Daily Market Insight Technical View- We are in clear uptrend and we should ride the NIFTY and benchmark stocks on the long side. DO NOT SHORT NIFTY unless NIFTY closes below 5820/5800 mark. Monday we have boldly written that nifty will take correction @ 5913 and today nifty made a high of 5918 and close below 5913 with increasing volume . Yesterday we clearly said that one can go long above 5926(F) but nifty future opened @ 5945 and made a high of 5958 finally closed @ 5949 meanwhile it made a low of 5928 but not able to cross the level of 5926 with increased volume. The 50-share Nifty jumped past the 5,900 mark for the first time since April 2011 as Indian markets got off to a robust start on Outlook for the day Wednesday. Sentiment was also broadly positive ahead of the crucial vote on foreign direct investment in multi-brand retail in parliament due later in the day. Intraday traders can go long above 5955 with the support of 5926,5916 and 5890Fundamental View- where the resistance is 6010 and 6110.The NSE benchmark Nifty finally managed to close above INDICES LTP Change % Changethe 5,900 mark today on strong buying as investors bet on NIFTYFDI in multi-brand retail trade getting approval in the Lok 5900.50 11.25 019%Sabha. SENSEX 19,391.86 43.74 0.23%The rupee also gained against the dollar tracking losses in CNX 3690.05 11.30 0.31%the greenback versus the euro and some other Asian SMALLCAPcurrencies. CNXMIDCAP 8305.15 14.20 0.17% BANKNIFTY 12281.6 84.45 0.69%© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 2. 12/06/2012 Daily Market InsightOption Strategy- NIFTY OPTION OPEN INTEREST CHART 9000000 8000000 7000000 6000000 5000000 STRIKE PRICE 4000000 CALL OI 3000000 PUT OI 2000000 1000000 0 5300 5400 5500 5600 5700 5800 5900 6000 6100 6200NIFTY OPTION OPEN INTEREST CHANGE CHART 800000 700000 600000 500000 STRIKE PRICE 400000 CALL OI CHANGE 300000 200000 PUT OI CHANGE 100000 0 -100000 5300 5400 5500 5600 5700 5800 5900 6000 6100 6200 The option data suggests that the market participants are currently visualizing the 6000 mark on the higher side. Very high CALL writing at 6000 Strike price will stop market to move beyond 6000 mark. On the other side we can see equal PUT writings on 5500 to 5800 strike price. This indicates that NIFTY down move would be restricted below 5800 mark. Last session’s option data indicated that NIFTY can have a range of 5800 and 6000 in near term.© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 3. 12/06/2012 Daily Market Insight Derivative Info Increase In Open Interest %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price RPOWER 12116 17223 42.15% 96.75 -1.63% CLEAR HINDZINC 849 1067 25.68% 139.55 -1.45% BREAKOUT IN NMDC 983 1171 19.13% 164.75 0.40% RPOWER CESC 2723 3073 12.85% 321.8 1.58% EXIDEIND 1508 1699 12.67% 146.8 0.10% Decrease In Open Interest %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price CROMPGREAV CROMPGREAV 4424 3874 -12.43% 120.55 1.39% PANTALOONR 6532 5928 -9.25% 238.75 3.06% GAVE A CLEAR JPPOWER 1399 1274 -8.93% 44.1 1.03% BREAKOUT ORIENTBANK 1815 1692 -6.78% 346.95 2.21% CANBK 3762 3536 -6.01% 474.9 -0.30% Increase In Open Interest & Decrease In Price Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price ONE CAN GO RPOWER 12116 17223 42.15% 96.75 -1.63% LONG IN HINDZINC 849 1067 25.68% 139.55 -1.45% RPOWER TATAPOWER 5298 5871 10.82% 108.55 -3.51% SUPPORT 93. PETRONET 1353 1491 10.20% 161.35 -0.95% M&M 6684 7348 9.93% 937.35 -0.93% Decrease In Open Interest & Increase In Price DO NOT MISS Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price ORIENTALBANK CROMPGREAV 4424 3874 -12.43% 120.55 1.39% PANTALOONR AND IRB 6532 5928 -9.25% 238.75 3.06% JPPOWER 1399 1274 -8.93% 44.1 1.03% ORIENTBANK 1815 1692 -6.78% 346.95 2.21% IRB 4091 3898 -4.72% 138.9 1.39%© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 4. 12/06/2012 Daily Market Insight Daily Market Insight is an Informative Newsletter, powered by STOPLOSSTRADE [www.stoplosstrade.com | www.stoplosstrade.in] About STOPLOSSTRADE - A decade old financial advisory services firm with a vision to simplify the complex world of the financial markets. It provides a wide range of services nationwide to a substantial and diversified client base that includes retail clients, HNI’s, corporates and financial institutions. STOPLOSSTRADE is a 100% subsidiary of HBJ Capital Services Pvt. Ltd. Complete details can be found on [www.stoplosstrade.com | www.stoplosstrade.in ] About HBJ Capital - HBJ Capital was founded in 2005 as an Equity research firm and currently has grown to become a Financial Services provider.HBJ Capital has core competencies in Equity Research, Corporate Consultancy and Private Equity. The company is one of the leaders in Equity research domain and provides services to retail clients, HNI’ s, FII’s, Hedge Funds and Brokerage partners. Complete details can be found on www.hbjcapital.com DISCLAIMER: This report has been prepared for private circulation and the content has been obtained from various sources believed to be reliable, but we do not hold ourselves liable for its completeness and accuracy. HBJ Capital Services Pvt. Ltd, STOPLOSSTRADE and any of its employees shall not be responsible for the content and actions taken on the basis of this content. This is not an offer to sell or solicitation to buy any securities. Users are advised to use the data for purposes of information only and rely on their own judgment while making investment decisions.© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 5. 12/06/2012 Daily Market Insight Corporate Office (Bangalore) Stoplosstrade (SLT) #912, 1st F Main, Girinagar 2nd Phase, BSK 3rd Stage, Bangalore -85; LandMark: Near Sai baba Temple Phone: 080 65681133/34 Mobile: +91-9886403791/+080 – 6 999 999 2 E-Mail: info@stoplosstrade.com Bangalore Branch Office: Stoplosstrade (SLT) #578, Shree Durga Arcade, 2nd Floor Girinagar 2nd Phase, 6ty Block, BSK III stage, Bangalore – 560 085 LandMark: Above AXIS Bank Mobile: +91-9886403791/080-6 999 999 2 E-Mail: info@stoplosstrade.com New Delhi Branch Office: #I-2 (3rd Floor), Central Market (Next to KFC ) Lajpat Nagar -2, New Delhi -110019 Ph-011 64780080/79/78/77/76 Mobile: +91 – 9718979319 [24X7] Contact: Mr. Abhishek Kumar Singh, Operation Head (New Delhi, NCR) www.stoplosstrade.in www.stoplosstrade.com www.hbjcapital.com© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com

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