Market report 03/11/2010

BUY INDIAN HOTEL AT 106 WITH 98 STOP LOSS TGT 118
*Insight technical new product name*
Product name is Nifty System
Minimun investment requires is 50,000
Segment of trading is nifty futures and options
Minimum lot size of nifty is 20
Investment view is long term
Advisable invested period is minimum one year
Profit sharing ratio is 80: 20 (80 % of client and 20% ours)
Website is http://emkayshare.in/emkaytrade/emkayutility/login1.asp
Demo id & password id : f44s001 password : 12345
Things can be cheked ledger/transaction of the day/holding
Excel report (chk format sheet) an email is been send on daily basis for he transaction done in the account
Trading & demat a/c to be opened at emkay global financial services ltd
Statergy of system based on trend
Stoploss / target (chk performance sheet) small losses big profits
*28/10/2010*
* EPT Buy Insecticid @ 234 sl 214 tgt 254/274
* UY HEXAWARE @ 90.50.......SL 83....TRGT 110 (ONE MONTH DELIVERY CALL)
* all for day traders Buy Relinfra @ 1069 sl 1063 tgt 1080
* all for day traders Buy ACC @ 992.25 sl 989 tgt 1004
* all for day traders Buy Nifty book profits @ 6046
*28/10/2010*
* EPT Buy Insecticid @ 234 sl 214 tgt 254/274
* UY HEXAWARE @ 90.50.......SL 83....TRGT 110 - one month

*29/10/2010*
EPT call buy Rel Media cmp 255 stoploss 239.4 target 270 and 284.

From Our Technical Desk
Three times lucky
Nifty closed below the 6000 level - a psychologically important level, on expiry day for the month of October 2010, especially after extremely volatile trade in last one hour of trade. However, today again Nifty managed to find support near 5966 level and this has happened for the third time in past few sessions - "three times lucky". Moreover, number three plays a very prominent role throughout the entire field of technical analysis and hence the level of 5966 should be looked as a key pivot in the coming sessions. If Nifty manages to hold this level, then this consolidation phase will provide the base to go pass the previous high of 6357. On the contrary, if 5966 get violated on closing basis then the slide of Nifty will continue upto 5850-5800 levels.
BSE Oil & Gas
BSE Oil & Gas index is currently resting at the support of 20-DSMA and overall trend is still up as the higher top higher bottom formation is still intact. So a daily positive close in this index will back the confidence of the bulls and we may see this index scaling fresh highs in the near future.
From The Dealing Desk
Trading Ideas
Remain stock specific from current levels.
Trading ideas which we like are KFA (Target Rs88), Jindal Saw (Target Rs248), Naga Fert (Target Rs40) and Spice Jet (Target Rs98). Traders maintain stop loss accordingly.
Investment Ideas
Sterlite Tech: CMP @ Rs84 (Target Rs100)

For more details contact http://www.insighttechnical.net