Friday, April 11, 2008

Weekly News Letter-Dated 7th April - 11th 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 7th April – 11th April 2008

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

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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: 15343.12 (1028.17) Resis – 16000, 16700, 17000, 17500 Supports – 15000, 14700, 14500, 14000

NIFTY: Weekly Close: 4647.00 (295.00) Resis – 4800, 5000, 5100, 5240, 5320 Supports – 4450, 4400, 4240, 4100, 4000

Mkt is still fearful & will show high volatility till 15th April (Infosys Result Date). Nifty has good support at 4450 & Resis at 5050 for further move and clear trend. Pls stay light & avoid long positions until picture is clear. Hot Sectors of the week: Oil & Gas, Telecom, Pharma and IT.

Sensex Range for This Week: 14650-17000 above which it will touch 17500 Below Tgt 14000; Resis at 17000 closing.

LAST WEEK PROFITS: ADLAB 5.5%; BHEL 7.5%; RPL-Fut. Rs. 21775.00, SAIL-Fut. Rs. 21600.00, IDEA (Opt) Rs. 8370.00

TRADER’S PICK THIS WEEK: RPL, SAIL (Sell), SBI (Sell), RELIANCE, FINANTECH, BHEL, SATYAM, NICHOLAS, GTL, PATNI etc.

IPO DIARY: …………………... (App. Date: …………….……..), (Offer Price: …………….…..) Our View: ……………….

Scripts

Trading Levels

Tgt1

Tgt2

SL

Remarks

Cash/ Future Stocks for This Week

ADLAB (602.65)

Buy C/F At 590-597

619

625-630

Bel 580

Oversold on charts, expect bounce with Mkt.

BHEL (1634.10)

Must Buy At Dips

1660

1674-90

1565

We expect stock to show +ve move, Trade C/F

Derivative- Future (Strategy for the week)

RPL (167.45)

Must Buy 163-166

173

175-177

160

Max Profits: Rs. 20000+

Best stock for traders Tgt 180

RPL CA 180 (4.20)

Sell With Future

Hedging Positions

Max Loss: Rs. 2500

SAIL (164.90)

Sell At 166-169

160

158-156

173

Profits: Rs. 15000+

The stock is looking weak now

SAIL CA 160 (13.40)

Buy With Future

Hedging Positions

Max Loss: Rs. 4000

Derivative- Option

IDEA CA 100 (3.95)

Buy At 2.5—3.5

Options Trading strategy with Range Bound Trading zone.

Max Profits: 10000+

Good strategy for 5-8 days 4 gains.

IDEA CA 110 (1.40)

Sell 2lots With CA 100

Max Loss: Rs. 2000

Weekly News Letter (Dated 7th April 2008 – 11th April 2008) Performance Report: Approx Profit: Rs. 67420.00

SCRIPT

REC PRICE

TGT

PROFIT/ LOSS

UNIT

NET PROFIT/ LOSS (Rs.)

ADLAB

Buy At 597

630

33

225

Profit Rs. 7425.00

BHEL

Buy At 1580

1690

110

75

Profit Rs. 8250.00

RPL (Fut.)/CE 180

Buy At 166/5

180/6

14-1=13

1675

Profit Rs. 21775.00

SAIL Fut./ CA 160

Sell At 166/ 14

156/ 8

10+6 = 16

1350

Profit Rs. 21600.00

IDEA (Opt Strategy)

Buy-Sell 3.4/1.6

4.5/0.6

1.1+2= 3.1

2700

Profit Rs. 8370.00

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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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