Weekly News Letter—Dated 24th Sept–29th Sept 2007---Gain from us...... Visit: http://ibnservices.googlepages.com/stock OR http://nse-bse.blogspot.com
Weekly News Letter—Dated 24th – 29th September 2007
Visit: http://ibnservices.googlepages.com/stock or http://stock.ibnservice.com/
Group: http://finance.groups.yahoo.com/group/ibnservices/
E-Mail: ibnservices@gmail.com or indiastock@gmail.com
Phone: (91) 9899-90-9899; 92123-76999 (Call between 9:00AM -- 5:00PM)
Advice: Book profits in weekly at gain of 4-10% in stock (Cash/Fut.) & don’t take risk with your money.
SENSEX: Weekly Close: 16564.20 (960.20) Resis – 16600, 16750, 16900, 17000 Supports – 16350, 16100, 15900, 14700
NIFTY: Weekly Close: 4837.50 (319.50) Resis – 4850, 4900, 4950, 5000 Supports – 4775, 4700, 4650, 4575, 4520
F&O expiry this week can show volatility and range bound trades. Enjoy sea-saw movements during intra-day trades. Nifty has Resis at 4900 & supp 4750. Watch Auto, Bank, Cement & Refinery stock.
Sensex Range for This Week: 15700-17000 above which it will touch 17500 Bel Tgt 15000; Support at 16000 closing.
LAST WEEK PROFITS: IDBI 7%; WIPRO -3.5%; ASHOK LEY Fut. Rs 14325.00, BONG REF -Fut. Rs 27000.00, RPL (Opt.) Rs.10050.00
TRADER’S PICK THIS WEEK: RPL(C/F), SAIL (C/F), MTNL (C/F), ASHLEY (C/F), ROLTA (C/F), IDBI (C/F), Sell IT stocks.
IPO DIARY: Supreme Infra India Ltd. (App. Date: 21-26 Sept), (Price Band: Rs. 95-108) Our View: Subscribe.
Scripts | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
Cash/ Future Stocks for This Week | ||||||
IDBI (145.75) | MustBuy C/F 140-143 | 150 | 153++ | Bel 137 | We hv been & we r bullish for Tgt 150 then 170. | |
WIPRO (439.90) | Sell C/F At 445—450 | 425 | 416 | 460 | More downside can be seen as dollar is weak. | |
Derivative- Future (Strategy for the week) | ||||||
ASHOK LEY (39.05) | Must Buy At 38-39 | 41 | 42+++ | Bel 37.5 -- | Max Profits: Unlimited Max Loss: Rs. 3500 | Ready for bounce back. |
ASHLEY PA37.5 (0.25) | Buy with Future | Hedging Positions | ||||
BONG REF (60.30) | Grab At 59-60 | 63 | 64.5++ | Bel 58.5 --- | Max Profits:15000+ Max Loss: Rs. 3000 | You can go long for Tgt 70 in Oct. |
BONG PA 60 (2.00) | Buy with Future | Hedging Positions | ||||
Derivative- Option | ||||||
RPL PA 155 (5.05) | Must Sell At 5.5—6.5 | 3.5 | 2 | Abv 7.5 | Very low risk & Huge gains this week must do. | |
Investment Pick | ||||||
GulfOil (506480) (1467.25) | Buy Bulk 1400-CMP | 2000 | 2200++ | Bel 1200 | Buy n Hold, Real Gem ready for take off soon. |
Weekly News Letter (Dated 24th September – 29th September 2007) Performance Report: Approx Profit: Rs. 66375.00
SCRIPT | REC PRICE | TGT | PROFIT/ LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
IDBI | Buy At 143 | 153 | 10 | 2400 | Profit Rs. 24000.00 |
WIPRO | Buy At 445 | 460 | -15 | 600 | Loss Rs. 9000.00 |
ASHOK LEY (Fut.) | Buy At 39 | 42 | 3 | 4775 | Profit Rs. 14325.00 |
BONG REF (Fut.) | Buy At 59 | 65 | 6 | 4500 | Profit Rs. 27000.00 |
RPL (Options) | Sell At 5 | 2 | 3 | 3350 | Profit Rs. 10050.00 |
For Online Calls join me in Yahoo/ Gmail/ MSN Messenger: ibnservices OR ibnservice OR nse_bse4gain
Disclaimer –
Group: http://finance.groups.yahoo.com/group/ibnservices/ Call: (91) 9899-90-9899; 92-123-76999
<< Home