Weekly News Letter- Dated 21st - 25th July 2008---Gain from us...... Visit: http://stock.ibnservice.com/ OR http://nse-bse.blogspot.com/
India Stock (A Unit of IBN Services, New Delhi)
Weekly News Letter— Dated 21st – 25th July 2008
Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/
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Advice: Book profits in weekly at gain of 4-10% in stock (Cash/Fut.) & don’t take risk with your money.
SENSEX: Weekly Close: 13635.40 (165.55) Resis – 14100, 14650, 15000, 15500 Supports – 13000, 12750, 12300, 12000
NIFTY: Weekly Close: 4092.25 (43.25) Resis – 4240, 4400, 500, 4650, 4800 Supports – 3910, 3800, 3730, 3600, 3500
This is crucial week for Indian Market, which will show the path to bulls or bears. We expect Mkt to show 14500-15000 levels & political stability to resume. Hot Sectors for week: Power & Banking.
Sensex Range for This Week: 12500-14000 above which it will touch 14800 Below Tgt 12000; Resis at 14000 closing.
LAST WEEK PROFITS: NTPC 7 %; LIC HOUSING 24%; REL INFRA -Fut. Rs. 24840.00, BONG -Fut. Rs. 16875.00, RPL (Opt) Rs. 24287.5
TRADER’S PICK THIS WEEK: PRAJ, IDFC, HCC, APIL, PETRONET, CHENNAI PETRO, BOI, DLF, POWER GRID, LIC HOUS, ACC etc
IPO DIARY: Vishal Information Technologies Ltd. (App. Date: 21 - 24 July), (Offer Price: Rs.140 - 150) Our View: Avoid.
Result This Week: Aban, Bhel, BOI, Triveni, Can Bank, Dr Reddy, Lic Hous, Maruti, Petronet, Sail, Tech M, RPL, Voltas, Welspun, Century, IDBI, JStainless, Lupin, Niit Tech, Sesa Goa, Siemens, Crompton, Laxmi Mach, Patni, Renuka, Ster Tech, Acc, Bharti, Cummins, Hind Zinc, Idea, Niit Ltd, Piramal, Reliance, Rolta, Sobha, Uniphos, etc.
| Scripts | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
| Cash/ Future Stocks for This Week | ||||||
| NTPC (173.30) | Must Buy At 165-173 | 179.5 | 183-185 | Bel 162 | All Power stocks will be in lime light this week. | |
| LIC HOUSING (236.95) | Buy C/F At 227-234 | 245 | 249-255 | Bel 220 | Strong positions seen can even touch 275-290. | |
| Derivative- Future (Strategy for the week) | ||||||
| RELINFRA (856.35) | Buy Bulk 835-850 | 880 | 889-898 | Bel 820 | Max Profits: Rs. 7000+++ | Strong move can be seen. |
| RELINFRACA900(36.5) | Sell 2Lots With Fut. | Hedging Positions | Max Loss: Rs. 3000 | |||
| BONGAI REFN (52.95) | Must Buy 51-52.5 | 55 | 56-57 | Bel 50 | Max Profits: Unlimited | Ready for sharp rise to 60+ levels. |
| ………….. (………) | ……………. | Hedging Positions | Max Loss: Rs. 2250 | |||
| Derivative- Option | ||||||
| RPL CA 160 (4.35) | Must Buy At 3—Cmp | Options Trading strategy with Bullish Sentiment. | Max Profits: Rs. 15000+++ | Keep spot SL 150 closing basis. | ||
| RPL PA 150 (5.45) | Sell 2Lot With CA 160 | Max Loss: Rs. 4000 | ||||
Weekly News Letter (Dated 21st July 2008 – 25th July 2008) Performance Report: Approx Profit: Rs. 133102.50
| SCRIPT | REC PRICE | TGT | PROFIT/ LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| NTPC | Buy At 173 | 185 | 12 | 1625 | Profit Rs. 19500.00 |
| LIC HOUSING | Buy AT 234 | 290 | 56 | 850 | Profit Rs. 47600.00 |
| REL INFRA (Fut.) / OPT | Buy At 850/ 120 | 1000/ 90 | 150+30= 180 | 138 | Profit Rs. 24840.00 |
| BONGAIREFN (Fut.) | Buy At 52.5 | 60 | 7.5 | 2250 | Profit Rs. 16875.00 |
| RPL (Option Strategy) | Buy-Sell 3.5 / 5 | 10 / 1 | 6.5+ (4*2) = 14.5 | 1675 | Profit Rs. 24287.50 |
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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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posted by NSE_BSE at Saturday, July 26, 2008
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