Weekly News Letter— Dated 11th – 15th August 2008-- Gain from us...... Visit: http://stock.ibnservice.com/ OR http://nse-bse.blogspot.com/
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Weekly News Letter— Dated 11th – 15th August 2008
Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/
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E-Mail: info@ibnservice.com or stock@ibnservice.com
Phone: (91) 9899-90-9899; 9968-443-444 (Call between
Advice: Book profits in weekly at gain of 4-10% in stock (Cash/Fut.) & don’t take risk with your money.
SENSEX: Weekly Close: 15167.82 (511.13) Resis – 15300, 15800, 16000, 16500 Supports – 14500, 4150, 14000, 13500
NIFTY: Weekly Close: 4529.50 (115.95) Resis – 4575, 4650, 4700, 4800, 4910 Supports – 4375, 4240, 4200, 4110, 4050
The week expected to be highly volatile, Nifty will face stiff Resis at 4650-4700 levels where profit booking can be seen & will find good support at 4375-4320. Hot Sectors for week: Textile & Oil.
LAST WEEK PROFITS: KOTAK BNK 4 %;
TRADER’S PICK THIS WEEK: ADLAB, STER, SKUMARS, GNFC, HAVELLS, REC, DLF, SCI, CENTURY,
IPO DIARY: Austral Coke &Projects Ltd. (App. Date: 7th – 13th Aug), (Offer Price: 164 -- 196) Our View: Apply for Mid Term.
Resurgere Mines & Minerals India Ltd. (App. Date: 11th – 13th Aug), (Offer Price: 263 -- 272) Our View: Apply for Long Term.
Scripts | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
Cash/ Future Stocks for This Week | ||||||
KOTAK BANK (638.95) | Must Buy At 620-639 | 665 | 674-683 | Bel 600 | Looking hot for traders in C/F, heading to 700+ | |
| Buy C/F At 620-633 | 660 | 669-680 | Bel 600 | Must buy at every dip,can go long 4 Tgt 750+++ | |
Derivative- Future (Strategy for the week) | ||||||
GNFC (121.45) | Grab At 117-121 | 126.5 | 129-132 | Bel 114 | Max Profits: Rs. Unlimited | Highly oversold chart, Tgt 140+ |
………… (……..) | …………… | Hedging Positions | Max Loss: Rs. 4500 | |||
LT (2837.95) | Must Buy 2740-2830 | 2940 | 2970-00 | Bel 2680 | Max Profits: Rs. 8000+++ | Stock can fly to 3000-3200 levels. |
……….. (…………..) | …………………. | Hedging Positions | Max Loss: Rs. 3000 | |||
Derivative- Option | ||||||
RPL CA 165 (8.20) | Must Buy At 6—8 | Options Trading strategy with Very High Bullish Sentiment. | Max Profits: Rs. 10000+++ | RPL can do 175+ levels this week. | ||
RPL CA 180 (3.55) | Sell 2Lot With CA 165 | Max Loss: Rs. 3000 |
Weekly News Letter (Dated 11th August 2008 – 15th August 2008) Performance Report: Approx Profit: Rs. 18525
SCRIPT | REC PRICE | TGT | PROFIT/ LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
KOTAK BANK | Buy At 639 | 665 | 26 | 275 | Profit Rs. 7150.00 |
| Buy At 620 | 600 | -20 | 300 | Loss Rs. 6000.00 |
GNFC (Fut.) | Buy At 127 | 134 | 7 | 1475 | Profit Rs. 10325.00 |
LT (Fut.) / OPT | Buy At 2740 / 0 | 2680 / 0 | -60 | 50 | Loss Rs. 3000.00 |
RPL (Option Strategy) | Buy-Sell 5.5 / 3.5 | 7.5 / 1.5 | 2+ (2*2) = 6 | 1675 | Profit Rs. 10050.00 |
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