Friday, August 29, 2008

Weekly News Letter— Dated 25th – 29th 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 25th – 29th 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: 14401.49 (322.69) Resis – 15000, 15300, 15800, 16000 Supports – 14150, 14000, 13500, 13200

NIFTY: Weekly Close: 4327.45 (103.25) Resis – 4500, 4575, 4650, 4700, 4800 Supports – 4240, 4200, 4110, 4050, 4000

Good short covering will be seen toward Nifty 4500 levels till F&O expiry this week. Huge volatility also expected due to uncertainties in global markets. Hot Sectors for the week: Banking & Pharma.

Sensex Range for This Week: 14150-15300 above which it will touch 15800 Below Tgt 13500; Support at 14150 closing.

LAST WEEK PROFITS: DABUR 4.3 %; AXIS BANK 13 %; RANBAXY -Fut. Rs. 00.00, GTL -Fut. Rs. 10875.00; IDBI (Opt) Rs. 4800.00

TRADER’S PICK THIS WEEK: SAIL, RANBAXY, BOMBAY DYE, RELIANCE, HINDALCO, AXIS BANK, ESCORTS, RNRL, IFCI, GTL etc.

Result Today: HINDUJAVEN, SEJALGLASS, BALLARPUR, PRITHVI, ICSA, TODAYS, GEMINI, CCL, PARAL, NSIL, NIFTYBEES Etc.

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

Scripts

Trading Levels

Tgt1

Tgt2

SL

Remarks

Cash/ Future Stocks for This Week

DABUR (89.35)

Must Buy At 87.5-89

93

94—95

Bel 85

Something cooking in the stk, Just trade in C/F

AXIS BANK (679.40)

Buy C/F At 666-680

705

714-720

660

Short covering will be seen, Good for traders.

Derivative- Future (Strategy for the week)

RANBAXY (521.70)

Grab At 405--400

422

429-434

Bel 390

Max Profits: Rs. 25000+++

Stock can recover now.

RANBAXY PA520(7.15)

Buy With Future.

Hedging Positions

Max Loss: Rs. 5000

GTL (193.25)

Buy At 189-193

200

203-207

Bel 185

Max Profits: Unlimited

Good stock for traders this week.

……….. (…………..)

………………….

Hedging Positions

Max Loss: Rs. 3000

Derivative- Option

IDBI CA 80 (1.60)

Must Buy At 1—1.4

Options Trading strategy with Very High Bullish Sentiment.

Max Profits: Rs. 12000++

Trade & hold till F&O this week.

IDBI PA 75 (0.45)

Sell 2Lot With CA 80

Max Loss: Rs. 2000

Weekly News Letter (Dated 25th August 2008 – 29th August 2008) Performance Report: Approx Profit: Rs.48075

SCRIPT

REC PRICE

TGT

PROFIT/ LOSS

UNIT

NET PROFIT/ LOSS (Rs.)

DABUR

Buy At 88

93

5

2700

Profit Rs. 13500.00

AXIS BANK

Buy At 666

750

84

225

Profit Rs. 18900.00

RANBAXY (Fut.)

Buy At 400

400

00

800

Profit Rs. 00.00

GTL (Fut.)

Buy At 191

205.5

14.5

750

Profit Rs. 10875.00

IDBI (Option Strategy)

Buy-Sell 1 / 1

3 / 0

2+ (1*2) = 2+2=4

1200

Profit Rs. 4800.00

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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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