Weekly News Letter- Dated 10th - 14th November 2008--Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/
~~OM~~
India Stock (A Unit of IBN Services, New Delhi)
Weekly News Letter— Dated 10th – 14th November 2008
Visit: http://stock.ibnservice.com/ or http://ibnservices.blogspot.com/
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Advice: Book profits in weekly at gain of 3-10% in stock (Cash/Fut.) & don’t take risk with your money.
SENSEX: Weekly Close: 9964.29 (176.23) Resis – 10200, 10750, 11300, 11650 Supports – 9400, 9000, 8700, 8200
NIFTY: Weekly Close: 2973.00 (87.40) Resis – 3050, 3200, 3350, 3430, 3500 Supports – 2650, 2500, 2400, 2250, 2100
Keep Selling at every rise & see panic selling once again which can be dangerous this time. Nifty can gain momentum only close above 3500 levels. Hot Sectors for the week: Sell-Metal & Bank.
Sensex Range for This Week: 8000 -10700 above which it will touch 11300 Below Tgt 7200; Resis at 10300 closing.
LAST WEEK PROFITS: LIC HOUS 7.7%; ADLABS 25%; RENUKA -Fut. Rs. 25000.00; NIFTY -Fut. Rs. 15000.00; SBIN (Opt) Rs. 14520.00
TRADER’S PICK THIS WEEK: PUNJ, IFCI, RNRL, GDL, Sell- STER, HIND ZINC, JSW STEEL; IDFC, TTML, RPOWER, NIITLTD, ITC etc.
IPO DIARY: ………….….. (App. Date: ……….………..), (Offer Price: …………….…) Our View: ……………………
| Scripts | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
| Cash/ Future Stocks for This Week | ||||||
| 3I INFOTECH (44.00) | Must Buy At 42—44 | 47 | 48-49 | 40 | Stock can rise with Mkt, expected Tgt 53-55+. | |
| KOTAK BANK (411.50) | Sell C/Fut. At 415-430 | 380 | 372-360 | 445 | Must Sell on every Rise, looking weak on chart. | |
| .Derivative- Future (Strategy for the week) | ||||||
| RELINFRA (562.05) | Must Sell At 570-590 | 520 | 505-490 | 610 | Max Profits: Rs. Unlimited | Stock is moving operator based. |
| RELINFRACA620(28.8) | Buy When u Sell Fut. | Hedging Positions | Max Loss: Rs. 2000 | |||
| HIND ZINC (307.60) | Bulk Sell At 310--318 | 292 | 286-280 | Abv 330 | Max Profits: Unlimited | Keep selling at rise going to 250. |
| …………… (……..) | …………………… | Hedging Positions | Max Loss: Rs. 3000 | |||
| Derivative- Option | ||||||
| IFCI CA 20 (2.55) | Must buy at 1.8—2.3 | Options Trading strategy with Bearish Sentiment in the stock | Max Profits: Rs. 7000++++ | Low Risk & High Gain expected. | ||
| IFCI CA 25 (1.00) | Sell 2lots with CA 20 | Max Loss: Rs. 2000 | ||||
Weekly News Letter (Dated 10th November 2008 – 14th November 2008) Performance Report: Approx Profit / Loss: Rs. 43192.00
| SCRIPT | REC PRICE | TGT | PROFIT/ LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| 3i INFOTECH | Buy At 42 | 47 | 5 | 2700 | Profit Rs. 13500.00 |
| KOTAK BANK | Sell At 430 | 360 | 70 | 275 | Profit Rs. 19250.00 |
| RELINFRA (Fut./OPT) | Buy At 590 / 30 | 510 / 16 | 80-14 = 66 | 138 | Profit Rs. 9108.00 |
| HINDZINC (Fut./Opt) | Sell At 318 / 0 | 330/ 0 | -12 + 0= -12 | 250 | Loss Rs. 3000.00 |
| IFCI (Option Strategy) | Buy-Sell 1.8/ 0.90 | 2.8 / 0.30 | 1 + (0.60*2) = 2.20 | 1970 | Profit Rs. 4334.00 |
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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/ Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/ Call: (91) 9899-90-9899; 9968-443-444
posted by NSE_BSE at Friday, November 14, 2008
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