Weekly News Letter- Dated 15th - 19th December 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 15th – 19th December 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: 9690.07 (724.87) Resis – 9800, 10000, 10400, 10750 Supports – 8800, 8450, 8100, 7700, 7400
NIFTY: Weekly Close: 2921.35 (206.95) Resis – 2950, 3020, 3100, 3200, 3350 Supports – 2620, 2500, 2400, 2250, 2150
Mkt will open in +ve side in beginning of the week but panic selling will arise around 3050-3200 levels, so sell on rise for gains with dip in later stage. Hot Sector for this week: Fertilizer & Metals.
Sensex Range for This Week: 8000 - 10500 above which it will touch 11300 Below Tgt 7400; Resis at 10000 closing.
LAST WEEK PROFITS: Praj Ind - 9%; Rpower - 8%; IFCI - Fut. Rs. 8668.0; NIFTY -Fut. Rs. 7000.0; RIL (Opt) Rs. 1050.0
TRADER’S PICK THIS WEEK: AXIS BANK, NAGAR FERT, AMTEK AUTO, IFCI, JINDAL STEEL, HCC, SCI, NTPC, IDBI, HINDALCO etc.
IPO DIARY: ………….….. (App. Date: ……….………..), (Offer Price: …………….…) Our View: ……………………
| Scripts | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
| Hot - Cash/ Future Stocks for This Week | ||||||
| PRAJIND (63.55) | Must Buy At 61—63 | 67 | 69—71 | 59 | The stock can show fireworks if Mkt holds. | |
| RPOWER (116.75) | Buy C/Fut. At 113-116 | 123 | 127-130 | 110 | Good for this week, Trader can trade in C/Fut. | |
| .Derivative- Future (Strategy for the week) | ||||||
| IFCI (21.00) | Must Buy At 21—20 | 22.5 | 23-24.5 | 19 | Max Profits: Unlimited | Stock is looking extremely hot now. |
| IFCI PA 20 (1.15) | Buy When u Buy Fut. | Hedging Positions | Max Loss: Rs. 2000 | |||
| NIFTY (2921.70) | Sell At 3050-3140 | 2910 | 2850-10 | Abv 3250 | Max Profits: Rs. 10000+ | Keep Nifty SL 3240 on closing basis. |
| NIFTY CA 3200 (21.20) | Sell When u Sell Fut. | Hedging Positions | Max Loss: Rs. 4000 | |||
| Derivative- Option | ||||||
| RIL PA 1290 (55.15) | Must buy at 30—40 | Options Trading strategy with View of Pullback this week | Max Profits: Rs. 10000+ | The king expected to show selling at higher. | ||
| RIL CA 1410 (26.20) | Sell 2lots with PA1290 | Max Loss: Rs. 3000 | ||||
Weekly News Letter (Dated 15th – 19th December 2008) Performance Report: Approx Profit / Loss: Rs. 27268.00
| SCRIPT | REC PRICE | TGT | PROFIT/ LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| PRAJIND | Buy At 63.5 | 69 | 5.5 | 1100 | Profit Rs. 6050.00 |
| RPOWER | Buy At 118 | 127 | 9 | 500 | Profit Rs. 4500.00 |
| IFCI (Fut./OPT) | Buy At 21 / 1.0 | 24.5 / 0.1 | 3.5 + 0.9 = 4.40 | 1970 | Profit Rs. 8668.00 |
| NIFTY (Fut./Opt) | Sell At 3050 / 30 | 2930 / 10 | 120 + 20 = 140 | 50 | Profit Rs. 7000.00 |
| RIL (Option Strategy) | Buy-Sell 35 / 32 | 25/ 20 | -10+(12*2)=14 | 75 | Profit Rs. 1050.00 |
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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, December 19, 2008
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