Weekly News Letter- Dated 27th - 30th January 2009---Gain from us...... Visit: http://www.ibnservice.com/ OR http://nse-bse.blogspot.com/
India Stock (A Unit of IBN Services, New Delhi)
Weekly News Letter— Dated 27th – 30th January 2009
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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: 8674.35 (639.16) Resis – 9600, 10000, 10300, 10650 Supports – 9000, 8800, 8450, 8100, 7400
NIFTY: Weekly Close: 2678.55 (149.90) Resis – 2900, 3000, 3130, 3200, 3350 Supports – 2700, 2620, 2500, 2430, 2200
We expect good bounce and short covering up to 9300 levels in the Sensex. But remain cautious as every rise will show sharp selling. This week is highly volatile. Hot Sector for this week: Banking.
Sensex Range for This Week: 7500 - 9700 above which it will touch 10300 Below Tgt 7000; Support at 8500 closing.
LAST WEEK PROFITS: CAIRN – 11.5%; ESSAROIL – -2.5%; REC - Fut. Rs. 7800; BOI -Fut. Rs. 13300; TATASTL (Opt) Rs. 8022
TRADER’S PICK THIS WEEK: EDUCOMP, ORCHID, SKUMARS, GUJALKALI, INDIACEM, BILT, ARVIND, WALCHANN, TV-18 etc.
| Scripts | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
| Hot - Cash/ Future Stocks for This Week | ||||||
| CAIRN (152.00) | Must Buy C/F 150-152 | 157 | 159—163 | 147 | Rising crude prices can take it to 167-170++. | |
| ESSAROIL (69.45) | Sell C/Fut. At 71—73 | 67 | 65—63.5 | 75 | Stock can slide after a rise, Must sell in C/F. | |
| .Derivative- Future (Strategy for the week) | ||||||
| REC (74.40) | Must Buy At Opening | 77 | 78—79.5 | 72 | Max Profits: Unlimited | All power stocks are in full gear now |
| ……………… (……) | ……………. | Hedging Positions | Max Loss: Rs. 5000 | |||
| BANKINDIA (231.10) | Sell At 236--240 | 224 | 220-216 | Abv 245 | Max Profits: Rs. 20000 | Banking stocks will remain undr pressure |
| BOI - Jan CA 240 (4.15) | Sell When u Sell Fut. | Hedging Positions | Max Loss: Rs. 5000 | |||
| Derivative- Option | ||||||
| Must buy at 3---4 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Rs. 7000+ | Stock will show short covering toward 180+ | |||
| TATASTL PA160 (3.85) | Sell 2lots with CA170 | Max Loss: Rs. 2000 | ||||
Weekly News Letter (Dated 27th – 30th Jan 2009) Performance Report: Approx Profit / Loss: Rs. 48173.00
| SCRIPT | REC PRICE | TGT | PROFIT/ LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| CAIRN | Buy At 152.5 | 170 | 17.5 | 1250 | Profit Rs. 21875.00 |
| ESSAROIL | Sell At 73 | 75 | -2 | 1412 | Loss Rs. -2824.00 |
| REC (Fut./Opt) | Buy At 75.5 | 79.5 | 4 | 1950 | Profit Rs. 7800.00 |
| BANKINDIA (Fut./Opt) | Sell At 239 / 1.55 | 225 / 1.55 | 14 - 0= 14 | 950 | Profit Rs. 13300.00 |
| TATASTL (OptionStrategy) | Buy-Sell 4 / 5.5 | 15 / 0.50 | 11 + (5*2) = 21 | 382 | Profit Rs. 8022.00 |
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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://www.ibnservice. com/ Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/ Call: (91) 9899909899 OR 9968443444 Subscription: Click Here..
posted by NSE_BSE at Friday, January 30, 2009
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