Friday, April 18, 2008

Weekly News Letter-Dated 14th - 18th April 2008---Gain from us...... Visit: http://stock.ibnservice.com/ OR http://nse-bse.blogspot.com/

~~OM~~

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

Weekly News Letter—Dated 14th – 18th April 2008

Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/

Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/

E-Mail: info@ibnservice.com or stock@ibnservice.com

Phone: (91) 9899-90-9899; 9968-443-444 (Call between 9:00AM -- 5:30PM)

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

SENSEX: Weekly Close: 15807.64 (464.52) Resis – 16000, 16700, 17000, 17500 Supports – 15000, 14700, 14500, 14000

NIFTY: Weekly Close: 4777.80 (130.80) Resis – 4800, 5000, 5100, 5240, 5320 Supports – 4450, 4400, 4240, 4100, 4000

Major announcements will be made this week which can guide the Mkt, but the global scenario & fear will create high volatility at higher levels. Avoid any holding positions 4 long & be day-trader 4 time being until Mkt stabilizes with news. Hot Sectors of the week: Metal, IT, Oil & Gas and Infra.

Sensex Range for This Week: 14650-16300 above which it will touch 17000 Below Tgt 14000; Resis at 16300 closing.

LAST WEEK PROFITS: STER 7%; ICICI BNK -2.1%; RPL-Fut. Rs. 22612.50, NIFTY-Fut. Rs. 500.00, RPOWER (Opt) Rs. 19800.00

TRADER’S PICK THIS WEEK: RPL, COLPAL, ORCHID, SBI (Sell), RELIANCE, APTECH, HCC, IND HOTEL, GBN, GDL, PATNI etc.

IPO DIARY: Aishwarya Telecom Ltd (App. Date: 15th Apr—17th Apr 2008), (Offer Price: 32--35) Our View: Avoid.

Scripts

Trading Levels

Tgt1

Tgt2

SL

Remarks

Cash/ Future Stocks for This Week

STERLITE (790.45)

Buy C/F At 770-780

820

828-835

Bel 750

Metals can shine this wk due to news in street.

ICICI BANK (788.45)

Must Sell At 790-808

760

750-742

825

Banking stocks are looking weak on charts.

Derivative- Future (Strategy for the week)

RPL (182.65)

Must Buy Dips

188

190-194

173

Max Profits: Rs. 15000+

The stock has given breakout.

RPL PA 170 (2.60)

Buy With Future

Hedging Positions

Max Loss: Rs. 2500

NIFTY (4771.85)

Sell At 4820-4870

4675

4620

Close Abv 4910

Profits: Rs. 13000+++

Expect selling at higher levels.

NIFTY CE5000 (35.40)

Sell 2lots With Future

Hedging Positions

Max Loss: Rs. 4000

Derivative- Option

RPOWER CA 360 (12.3)

Buy At 8-12

Options Trading strategy with Range Bound Trading zone.

Max Profits: 10000++++++

Trade this week for good gains.

RPOWER CA 400 (3.10)

Sell 2lots With CA 360

Max Loss: Rs. 1500

Weekly News Letter (Dated 14th April 2008 – 18th April 2008) Performance Report: Approx Profit: Rs. 53172.50

SCRIPT

REC PRICE

TGT

PROFIT/ LOSS

UNIT

NET PROFIT/ LOSS (Rs.)

STERLITE

Buy At 770

835

65

219

Profit Rs. 14235.00

ICICI BANK

Sell At 808

825

-17

175

Loss Rs. 2975.00

RPL (Fut.)/ PA 170

Buy At 180/1.5

194/1

14-0.5=13.5

1675

Profit Rs. 22612.50

NIFTY Fut./ CE 5000

Sell At 4870/ 50

4910/ 35

-40+(15*2)= -10

50

Loss Rs. 500.00

RPOWER(OptStrategy)

Buy-Sell 8/6

50/5

42+(1*2)= 44

450

Profit Rs. 19800.00

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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: ibnservices@gmail.com Visit: http://nse-bse.blogspot.com/ OR http://stock.ibnservice. com/

Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/ Call: (91) 9899-90-9899; 9968-443-444

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