Monday, August 18, 2008

Weekly News Letter— Dated 11th – 15th August 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 11th – 15th August 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 -- 5:00PM only)

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.

Sensex Range for This Week: 14150-15500 above which it will touch 16000 Below Tgt 13500; Resis at 15300 closing.

LAST WEEK PROFITS: KOTAK BNK 4 %; BOMBAY DYE -3.5%; GNFC -Fut. Rs. 10325.00, LT -Fut. Rs. -3000.00 RPL (Opt) Rs. 10050.00

TRADER’S PICK THIS WEEK: ADLAB, STER, SKUMARS, GNFC, HAVELLS, REC, DLF, SCI, CENTURY, BOMBAY DYE, ICICI BNK etc.

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+

BOMBAY DYE (633.55)

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

BOMBAY DYE

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

For Online Calls join me in Yahoo Messenger: ibnservicesdelhi OR ibnservice OR nse_bse4gain

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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