Friday, April 04, 2008

Weekly News Letter-Dated 31st March- 4th 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 31st March– 4th 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: 16371.29 (1376.46) Resis – 16700, 17000, 17500, 18000 Supports – 16000, 15350, 14700, 14500

NIFTY: Weekly Close: 4942.00 (368.05) Resis – 5000, 5100, 5240, 5320, 5400 Supports – 4800, 4640, 4450, 4400, 4240

Mkt can show range bound move in coming days. Nifty good Resis at 5050 & Support at 4800, Pls avoid long positions and trade light. Good delivery based buying seen in selected stocks, but trend not clear. We are nearing the bottom too. Hot Sectors of the week: FMCG, Textile and Steel.

Sensex Range for This Week: 15000-17000 above which it will touch 17500 Below Tgt 14000; Resis at 17000 closing.

LAST WEEK PROFITS: CIPLA 4.5%; RNRL -2%; NIFTY-Fut. Rs. 9800.00, ITC-Fut. Rs. 16087.50, MRPL (Opt) Rs. 15575.00

TRADER’S PICK THIS WEEK: SUZLON, UNITECH, IDFC, ISPAT, NIFTY (Sell), ADLAB, PUNJ, NTPC, TATA STEEL, BONG REF etc.

IPO DIARY: Kiri Dyes and Chemicals Limited. (App. Date: 25th Mar- 02nd Apr), (Offer Price: 125-150) Our View: Avoid.

Scripts

Trading Levels

Tgt1

Tgt2

SL

Remarks

Cash/ Future Stocks for This Week

CIPLA (217.55)

Buy C/F At 210-214

222

224-227

Bel 207

V. strong stock in all Mkt condition, can do 230

RNRL (105.40)

Must Buy At 100-103

109

112-115

98

Oversold stock, can show momentum with Mkt

Derivative- Future (Strategy for the week)

NIFTY FUT (4970.65)

Risky Sell 4970-5050

4870

4820

5100

Max Profits: Rs. Unlimited

Nifty can slip from 5100 level

NIFTY CE 5200 (74.90)

Sell 2lots with Future

Hedging Positions

Max Loss: Rs. 5000

ITC (207.60)

Must Buy At 202-205

212

214-217

1987

Profits: Rs. 20000+

The stock can move anytime.

ITC CA 220 (3.70)

Sell With Future

Hedging Positions

Max Loss: Rs. 4000

Derivative- Option

MRPL CA 75 (6.85)

Buy At 5-6

Options Trading strategy with Range Bound Trading zone.

Max Profits: 8000+

Just trade & see the F&O expiry.

MRPL CA 80 (3.80)

Sell With CA 75

Max Loss: Rs. 3500

Weekly News Letter (Dated 31st March 2008 – 4th April 2008) Performance Report: Approx Profit: Rs. 50386.50

SCRIPT

REC PRICE

TGT

PROFIT/ LOSS

UNIT

NET PROFIT/ LOSS (Rs.)

CIPLA

Buy At 214

224

10

1250

Profit Rs. 12500.00

RNRL

Buy At 100

98

-2

1788

Loss Rs. 3576.00

NIFTY (Fut.)/CE 5200

Sell At 4920/65

4820/17

100+(48)*2=196

50

Profit Rs. 9800.00

ITC Fut./ CA 220

Buy At 205/4.30

217/ 2

12+2.3 = 14.3

1125

Profit Rs. 16087.50

MRPL (Opt Strategy)

Buy-Sell 7/6

13/5

6+1= 7

2225

Profit Rs. 15575.00

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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/

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