Saturday, July 07, 2007

Weekly News Letter—Dated 2nd July –7th July 2007........ Given to paid members last week

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

Weekly News Letter—Dated 2nd July –7th July 2007

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

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Phone: (91) 9899-90-9899 (Call between 9:00AM -- 5:00PM only)

Advice: Book profits in weekly at gain of 4-10% in stock (Cash/Fut.) & don’t take risk with your money.

NIFTY: Weekly Close: 4318.30 (66.25) Resis – 4330, 4360, 4400 Supports – 4275, 4200, 4110, 4065, 4040, 4000

SENSEX: Weekly Close: 14650.51 (183.51) Resis –14700, 14800, 14900, 15000 Supports – 14500, 14250, 13950, 13750

Nifty showing strength with volatility so stay cautious in your trades. Banking, Telecom & Infra stocks are good in this week. Nifty chances of showing 4400 mark which is major hurdle.

Sensex Range for This Week 14100-15000 above which it will touch 15000 Bel Tgt 13150; Support at 13750 closing.

TRADER’S PICK THIS WEEK: IDBI (C/F), IFCI (C/F), IVRCL (C/F), BHARAT FORGE (C/F), RCOM (C/F), HLL (C/F) etc.

LAST WEEK PROFITS: SBI 3%; GTL 6%; TATA STEEL-Fut. Rs 22275, IDBI Fut. Rs 14400, SRF (Opt) Rs 4500.

IPO DIARY: BEML (App. Date: 27 June-03 July), (Price Band: 1020-1090) Our View: Subscribe.

HDIL (App. Date: 28 June-03 July), (Price Band: 430-500) Our View: Subscribe.

Hot Today

SBI (1525.30)

Grab At 1500-1510

1550

1560

Bel 1478

All banking stocks will show momentum.

GTL (224)

Buy C/F At 220-224

232

235

216

Telecom stock can perform, Idea too looks good

Derivative- Future (Strategy for today)

TATA STEEL (598.60)

Buy At 590-597

618

623

582

Max Profits: Unlimited

Max Loss: Rs. 4000

Good positions seen in the stock

TATASTL PA 600 (19)

Buy At 15-18

Hedging Positions

IDBI (119.15)

Grab At 116-118

124

127

Bel 114.5

8

Max Profits: 20000+

Max Loss: Rs. 6000

Positive news expected this wk.

IDBI PA 120 (6.20)

Sell At CMP or 6.5-7

4-3

Derivative- Option

SRF CA 180 (5.95)

Buy At 5-6

8

9.5+

3.5

Must buy n hold for this week for quick gains.

Investment Pick

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Weekly News Letter (Dated 2nd July– 7th July 2007) Performance Report: Approx Profit: Rs. 76175.00

SCRIPT

REC PRICE

TGT

PROFIT/ LOSS

UNIT

NET PROFIT/ LOSS (Rs.)

SBI

Buy At 1525

1575

50

250

Profit Rs. 12500

GTL

Buy At 220

235

15

1500

Profit Rs. 22500

TATA STEEL (Fut.)

Buy At 590

623

33

675

Profit Rs. 22275

IDBI (Fut.)

Buy At 118

124

6

2400

Profit Rs. 14400

SRF (Options)

Buy At 5

8

3

1500

Profit Rs. 4500

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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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