Weekly News Letter- Dated 1st - 5th June 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 1st – 5th June 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: 14625.25 (738.10) Resis – 15000, 15300, 15650, 16000 Supports – 14000, 13400, 13000, 12700
NIFTY: Weekly Close: 4448.95 (210.45) Resis – 4550, 4650, 4750, 4850, 4910 Supports – 4220, 4175, 4110, 4000, 3910
Mkt is overbought but bullish sentiment to continue with hurdle at 4500 & 4650 levels. Trade should be stock specific with strict SL, Nifty has support at 4200. Hot Sector this Week: Mixed.
Sensex Range for This Week: 15000 - 13500 above which it will touch 15650 & Below Tgt 13100; Supp at 14000 closing.
LAST WEEK PROFITS: ABB – 12%; BIOCON – 19.5%; NTPC - Fut. Rs. 26000; BHUSANSTL - Fut. Rs. 210000; RELIANCE - (Opt) Rs. 3000
TRADER’S PICK THIS WEEK: NTPC, ABB, WOCKPHARMA, RELIANCE, RNRL, RCOM, BHARTIARTL, STAR, IDBI, ICICIBNK etc.
| Scripts | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
| Hot - Cash/ Future Stocks for This Week | ||||||
| ABB (650.95) | Grab C/F At 650—636 | 677 | 685—695+ | 620 | Buy with SL for non-stop Tgt 700+ this week. | |
| BIOCON (181.80) | Buy C/Fut. 180—175 | 189 | 192—195+ | 172 | Chart showing bullish pattern 4 more upside. | |
| .Derivative- Future (Strategy for the week) | ||||||
| NTPC (216.50) | Must Buy At 215-210 | 225 | 228—232 | 207 | Max Profits: Unlimited | More upside can be seen this week. |
| NTPC PA 210 (8.75) | Sell When u Buy Fut. | Hedging Positions | Max Loss: Rs. 5000 | |||
| BHUSANSTL (642.95) | Grab At 640—625 | 670 | 680-690+ | 610 | Max Profits: Unlimited | Highly oversold on charts, exp bounce. |
| ………………… (……..) | ……………. | Hedging Positions | Max Loss: Rs. 15000 | |||
| Derivative- Option | ||||||
| Buy Bulk At 110--90 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Unlimited | Good strategy for this week for gains. | |||
| RIL PA 2220 (94.30) | Sell 1 lot with CA2310 | Max Loss: Unlimited | ||||
Weekly News Letter (Dated 1st – 5th June 2009) Performance Report: Approx Profit / Loss: Rs. 405000.00
| SCRIPT | REC PRICE | TGT | PROFIT/ LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| ABB | Grab At 650 | 730 | 80 | 500 | Profit Rs. 40000.00 |
| BIOCON | Buy At 180 | 215 | 35 | 3600 | Profit Rs. 126000.00 |
| NTPC (Fut./Opt) | Must Buy At 218 / 6 | 232 / 4 | 14 + 2 = 16 | 1625 | Profit Rs. 26000.00 |
| BHUSANSTL (Fut./Opt) | Buy At 640 | 850 | 210 | 1000 | Profit Rs. 210000.00 |
| RELIANCE (Opt Strategy) | Buy/Sell- 90 / 110 | 70 / 100 | 20 - 10 = 10 | 300 | Profit Rs. 3000.00 |
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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 Saturday, June 06, 2009
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