daily news letter for 03.11.2014

8/10/2019 Daily News Letter for 03.11.2014

1/9

Monday, 03rd

Nov., 2014 www.3mteam.in

81 a

STOCK /COMMODITY/FOREX/PMS/WEALTH MANAGEMENT

Technical based Trading and investment call Entry- Exit Trend Reversal+ Proper Stop loss

NIFTY (SPOT) @ 8322Today Nifty given huge bull run and it cross 8300 un expected level easily but toda

Nifty was huge volume gainer while overall volume was weak today it again star

with gap up and rose continuously & finished with highest gain after these 13 May

on EOD chart it end with long bullish candle so be cautious because market i

overbought range but option chain 8500 level for long side.

TREND DECIDER THIS WEEK 8213

EQUITY DAILY NEWSLETTER

11th

FEB. 2013

EQUITY DAILY NEWSLETTER

03rd Nov, 2014


2/9

Monday, 03rd


BSE SENSEX @27865

After break strong physiological support of 26K Sensex a sharp bull run in

last ten trading session it has rise around 950 points according to it here it

can be rise up to 28200 which will be return level for it, today it given one

side move and finished with huge gain of 519 points so at current level asmall decline may come but at 28200 be cautious



3/9

Monday, 03rd


BANKNIFTY @17146

It also finished with huge gain but it was faced hurdle at many level after star

with gap up then traded at 16900 in early session then with gain of

heavyweight cross higher level made high of 17K then whole day it traded

around 17100 and in last half hour it made new high, today it finished with315 points gain since midcap PSU bank showing smart recovery so we can

see 17500+ level in bank nifty,



4/9

Monday, 03rd


CNX IT @11371

It again finished with smart gain with help of gap up start after that in early

session it sharply rose and whole day it traded in 50 points rage but in last

half hour it cross upper side range and finished near higher level if tomorrow

it dont break 11330 level then long it for new life time high of 11630+



5/9

Monday, 03rd


SCRIPT NAME:- IDFC CMP :- 157.45 ACTION: Buy STRATEGY: Buy on decline STOPLOS:- 152 below

CANDELSTICK CHART :- IDFC

S2 -146 S1 -152 PIVOT -155 R1 -161 R2 -164

JUSTIFICATION

In daily chart of IDFC today it given the gap up opening and whole day it maintaining the upside

trend and close around 157 + today it given the breakout above 150-152 + buy on decline strategy

here best buying around 154.5-155.5 keep stop loss of 152 below on closing basis and hold

position for the target of 160-164 +.


6/9

Monday, 03rd


SCRIPT NAME :- TATAPOWER CMP :-94.15 ACTION:- Buy STRATEGY:- Buy on decline STOPLOSS91 BELOW

CANDELSTICK CHARTTATA POWER

S2 -90 S1 -92 PIVOT -93 R1 -95 R2 -97

JUSTIFICATION

In daily chart of TATAPOWER now it showing the power for more upside move given the sharp

bounce back from lower level close around 94 + with bullish candle buying opportunity here buy

on decline around 92.5-93.2 + stop loss of 91 below on closing basis upside it will be test 97 +.


7/9

Monday, 03rd


OUR NEWSLETTER CALL AND FOLLOW UP :

DATE NAME CMP 50

DMA

200

DMA

STRATERGY CALL TYPE

03.11.2014 BPCL 727.25 BUY AROUND 719-720

SL 714 TGT 730-738 +

INTRADAY

MOST ACTIV NIFTY OPTION :

Symbol Strike

Price

High Low Close +/-(OI) Total(OI)

CALL 8100 286.85 184.00 281.15 -14.80 13.56

CALL 8200 207.60 120.65 202.45 -13.25 21.45

CALL 8300 139.00 70.00 134.65 32.50 32.78

CALL 8500 45.50 16.45 43.20 90.09 34.00

PUT 7700 17.45 7.60 7.95 0.12 22.40

PUT 7900 24.95 14.85 15.45 6.57 25.09

PUT 8200 99.80 53.65 55.30 81.04 32.61

PUT 8300 151.20 83.00 84.95 191.01 20.68


8/9

Monday, 03rd


MOST ACTIV STOCK OPTION

Symbol Strike

Price

High Low Close +/- OI Total OI

CALL

RELIANCE 1000 27.00 17.75 25.80 34.44 16.22

SBIN 2800 60.75 37.90 55.45 596.41 4.37

INFY 4100 78.75 47.95 72.95 350.12 2.39

TATASTEEL 500 14.70 7.90 12.80 61.54 11.19

PUT

RELIANCE 980 21.40 11.00 11.70 118.25 4.50

ICICIBANK 1600 42.65 25.90 28.70 53.09 1.86

INFY 3900 60.00 34.00 36.60 164.63 1.08

SBIN 2600 59.95 41.20 43.35 43.06 0.99


9/9

Monday, 03rd


For any queries, suggestions and Feedback, kindly mail [email protected]

Research Team: 09203900646-09301302732 Website:www.3mteam.in

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DISCLAIMER: Stock trading involves high risk and one can lose Substantial amount of money. The recommendations made

herein do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made

that recommendations contained herein will be profitable or they will not result in losses. Readers using the information

contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is

not guaranteed as to accuracy and completeness. The above recommendations are based on Technical ANALYSIS only.
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daily news letter for 03.11.2014

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