Weekly News Letter- Dated 6th - 10th April 2009---Gain from us...... Visit: http://www.ibnservice.com/ OR http://nse-bse.blogspot.com/
~~OM~~
India Stock (A Unit of IBN Services, New Delhi)
Weekly News Letter— Dated 6th – 10th April 2009
Visit: http://www.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: 10348.83 (300.34) Resis – 10500, 10750, 11000, 11300 Supports – 9700, 9300, 9000, 8700, 8500
NIFTY: Weekly Close: 3211.05 (102.40) Resis – 3240, 3300, 3350, 3400, 3500 Supports – 3050, 3000, 2950, 2875, 2820
Mkt is giving a breakout above 3240 (if closes for 2 consecutive days), above this Nifty may show 3400-3500 levels. But try to book profit at every rise, one more fall below 2800-2700 expected soon.
Sensex Range for This Week: 10700 - 9500 above which it will touch 11000 & Below Tgt 9300; Support at 9700 closing.
LAST WEEK PROFITS: IDBI– 20%; ORCHIDCHEM– 23%; ESSAROIL- Fut. Rs. 141200; ADLAB-Fut. Rs. 63000; ITC (Opt) Rs. 10800
TRADER’S PICK THIS WEEK: IDBI, ESSAROIL, MTNL, RPOWER, IFCI, HCC, LITL, AMTEK AUTO, JPHYDRO, GNFC, PFC, IDFC, SRF etc.
| Scripts | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
| Hot - Cash/ Future Stocks for This Week | ||||||
| IDBI (49.60) | Must Buy C/F 49—47 | 52 | 53—55+ | 46 | Just go long in bulk for super gains this week. | |
| ORCHID CHEM(76.75) | Buy C/Fut. At 76—74 | 80 | 82—84++ | 70 | Low risk & High gain stock, keep an eagle eye | |
| .Derivative- Future (Strategy for the week) | ||||||
| ESSAROIL (80.90) | Must buy at 78—80.5 | 84 | 85—87++ | 76 | Max Profits: Unlimited | Highly oversold on chart, exp bounce. |
| …………… (………) | ………………… | Hedging Positions | Max Loss: Rs. 4000 | |||
| ADLABSFILM (198.35) | Buy At Dips up to 185 | 210 | 214—220 | Bel 180 | Max Profits: Unlimited | Breakout seen in the charts for gains. |
| …………… (……..) | ………………. | Hedging Positions | Max Loss: Rs. 9000 | |||
| Derivative- Option | ||||||
| Buy Bulk At 3.2—2.75 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Unlimited | Profit booking exp this week to 175. | |||
| ITC CA 200 (2.05) | Sell 2 Lot With CA180 | Max Loss: Rs. 4500 | ||||
Weekly News Letter (Dated 6th – 10th Apr 2009) Performance Report: Approx Profit / Loss: Rs. 333800.00
| SCRIPT | REC PRICE | TGT | PROFIT/ LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| IDBI | Must Buy At 47 | 56 | 9 | 4800 | Profit Rs. 43200.00 |
| ORCHID CHEM | Buy At 77 | 95 | 18 | 4200 | Profit Rs. 75600.00 |
| ESSAROIL (Fut./Opt) | Must Buy At 85 | 135 | 50 | 2824 | Profit Rs. 141200.00 |
| ADLABSFILM(Fut./Opt) | Buy At 185 | 220 | 35 | 1800 | Profit Rs. 63000.00 |
| ITC (Opt Strategy) | Buy/Buy 3.2 / 5 | 3 / 2.50 | -0.2+(2.5*2)=4.8 | 2250 | Profit Rs. 10800.00 |
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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 Thursday, April 09, 2009
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