Sunday, March 18, 2007

Weekly News Letter—Dated 11th Mar – 17th Mar 2007........ Given to paid members last week.

~~OM~~

India Stock (A Unit of IBN Services, New Delhi)

Weekly News Letter—Dated 11th Mar – 17th Mar 2007

Visit: http://stock.ibnservice.com/ or http://nse-bse.blogspot.com/

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Phone: 9899-90-9899 (Call between 9:00AM -- 5:00PM only)

Advice: Book profits in weekly at gain of 5-10% in stock (Cash/Fut) & don’t be greedy for money.

NIFTY: Weekly Close: 3718.00 (08.75) Resis – 3800, 3850, 3940, 4000 Supports – 3700, 3650, 3580, 3540, 3500

SENSEX: Weekly Close: 12884.99 (01.14) Resis – 13150, 13350, 13700 Supports – 12750, 12570, 12300, 12150, 12000

Caution Applies in the mkt until closes above 13300, Avoid long positions till then. U-Turn expected with news in the mkt, Stay alerted for swing trading for huge gains this week. Sell High & Buy Low.

Sensex Range for This Week 12000-13150 above which it will touch 14000 Bel Tgt 11500; Support is 12000 closing.

TRADER’S PICK THIS WEEK: PRAJ (C/F), IPCL (C/F), SIEMENS (C/F), HDFC BANK (C/F), HINDALCO (C/F), IDBI (C/F)

LAST WEEK PROFITS INFOSYS - 3%; APTECH- -5%; DIVIS- Rs 50000, SAIL- Rs 20000. Visit: http://nse-bse.blogspot.com

IPO DIARY: Gremach Infra (App. date: 08-14 Mar); Price Band: 75-90; Our View: Apply for short term.

SCRIPTS (CMP)

TRADING LEVEL

TGT 1

TGT 2

SL

STRATEGY

Hot for this week

SBI (978.9)

Buy At Decl to 960

1000

1024

950

Range bound movt seen with +ve bias,Trade in C/F.

TATA STEEL (431)

Buy At Dips to 420

445

450

410

Accumulate at declines for Tgt 450+ this week.

Derivative- Future/ Options (Strategy)

WIPRO (564)

Sell At Rise to 580

550

541

600

Max Profits: Rs. Unlimited Max Loss: Rs. 6000

Now in corrective phase for declines.

WIPRO CA 580 (15)

Buy At Dip to 10-12

Hedging Position

ACC- Fut. (772)

Sell At Every Rise

750

735

805

Max Profits: Rs. Unlimited

Max Loss: Rs. 7000

Ready for further fall in coming days.

ACC CA 800 (28.80)

Buy At 20-22

Hedging Position

Derivative- Options (Strategy)

RCOM CA 430 (14)

Buy At Dips 10-13

20

24

--

Max Profits: Rs. Unlimited Max Loss: Rs. 3000

Short coevring will be seen, Hold 1 wk.

RCOM PA 400 (8.20)

Buy At 5-7

Hedging Position

Weekly News Letter (Dated 04 March – 10th March 2007) Performance Report: Net Profit: Rs. 80,000+

SCRIPT

REC PRICE

TGT

PROFIT/ LOSS

UNIT

NET PROFIT/ LOSS (Rs.)

APTECH- CASH

Buy Abv 210

SL HIT

-10

100

Loss Rs. 1000

INFOSYS- CASH

Sell At 2075

2000

75

100

Profit Rs. 7500

DIVISLAB (Fut.)

Sell At 2800

2600

200

250

Profit Rs. 50000

SAIL (Fut.)

Sell At 103

93

10

2700

Profit Rs. 20000+

RIL PA 1290 (Opt)

Buy at 23

49

26

150

Profit Rs. 3900+

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Disclaimer – India Stock {A unit of India Business Network (IBN) Services, New Delhi} has taken due care and caution in compilation of data for its members. Information has been obtained by the company from sources which it considers reliable. We might not hold any positions in above stocks in Cash/ Derivatives. However, India Stock does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. India Stock especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letter or website. You are responsible for your own investment decisions. India Stock will not be responsible for any errors or omissions in articles or postings, for hyperlinks embedded in messages, or for any results obtained from the use of such information. India Stock will not be liable for any loss or damage caused by a reader's reliance on information obtained in our area, or in a hyperlinked area. By: India Stock (A Unit of IBN Services, New Delhi).

Write to: info@ibnservice.com Visit: http://nse-bse.blogspot.com/ OR http://stock.ibnservice.com/

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