Daily newsletter stoplosstrade 7th dec 2012

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  • 1. 12/07/2012 Daily Market Insight 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. We are shouting from Monday there is no down side and also mentioned that market would take the small correction @ the level of 5913. Yesterday nifty made high of 5918 which broke our stoplosstrade.com strong resistance level of 5913 but soon it came down and close @ 5901 Yesterday we clearly mentioned that one can go long if market trades above 5913 and sustain above this level. One can go long on NIFTY FUTURE with Outlook for the day the support of 5950,5926 and 5890 where the resistance is 6010 and 6110.fundamental View- Happy trading!!!Back home, the rupee strengthened to itshighest level in a month on Thursday asinvestors were hopeful on the governmentthat it will be able to win a key vote onforeign direct investment in retail in the INDICES LTP Change % ChangeRajya Sabha on Friday. NIFTY 5930.30 30.40 0.52%Banks and financials which are proxy to the SENSEX 19,391.86 43.74 0.23%economy also recovered from day’s low andended higher. SBI, HDFC and ICICI Bank CNX 3719.60 29.55 0.80%gained between 1-2%. British lender SMALLCAPBarclays today said the Reserve Bank is CNXMIDCAP 8378.15 73 0.88%likely to leave the policy rates unchanged atthe December 18 review and that a lending BANKNIFTY 12427.55 145.95 1.19%rate cut may happen only in the Januarypolicy announcement.© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 2. 12/07/2012 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 500000 400000 300000 200000 STRIKE PRICE 100000 CALL OI CHANGE 0 PUT OI CHANGE -100000 5300 5400 5500 5600 5700 5800 5900 6000 6100 6200 -200000 -300000 -400000 The option data suggests that the market participants are currently visualizing the 6200 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. 12/07/2012 Daily Market Insight Derivative Info Increase In Open Interest Curr. %Chg. Symbol Prev. OI Curr. OI %Chg. OI Price Price SYNDIBANK CLEAR 1099 1371 24.75% 133.9 4.24% NMDC 1171 1446 23.48% 164.45 -0.18% BREAKOUT IN COALINDIA 4449 5343 20.09% 365.4 0.22% SYNDIBANK & FEDERALBNK 2047 2436 19.00% 482.8 -0.38% ADANIENT ADANIENT 5609 6449 14.98% 264.05 5.12% Decrease In Open Interest %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price ONE CAN GO PANTALOONR 5928 5441 -8.22% 241.35 1.09% ALBK LONG IN ALBK & UNIONBANK 2954 3947 2731 3742 -7.55% -5.19% 160.05 254.2 2.30% 2.44% UNIONBANK RPOWER 17223 16427 -4.62% 100.95 4.34% JSWSTEEL 20022 19267 -3.77% 779.2 0.28% Increase In Open Interest & Decrease In Price GO LONG IN %Chg. Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price NMDC IF OPEN NMDC 1171 1446 23.48% 164.45 -0.18% AND SUSTAINS FEDERALBNK 2047 2436 19.00% 482.8 -0.38% INFY 32955 37526 13.87% 2357.7 -1.83% ABOVE 164 SL BHUSANSTL 576 642 11.46% 460.9 -3.02% 161 HEXAWARE 4357 4839 11.06% 107.1 -3.16% Decrease In Open Interest & Increase In Price %Chg. DO NOT MISS Symbol Prev. OI Curr. OI %Chg. OI Curr. Price Price RPOWER AND PANTALOONR 5928 5441 -8.22% 241.35 1.09% ALBK JSWSTEEL UNIONBANK 2954 2731 -7.55% 160.05 2.30% 3947 3742 -5.19% 254.2 2.44% RPOWER 17223 16427 -4.62% 100.95 4.34% JSWSTEEL 20022 19267 -3.77% 779.2 0.28%© Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com
  • 4. 12/07/2012 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. 12/07/2012 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