Weekly News Letter- Dated 22nd - 26th March 2010---Gain from us. Visit: http://www.ibnservices.com/ OR http://nse-bse.blogspot.com/ OR http://mcx-ncdex.blogspot.com/

~~OM~~

India Stock (A Unit of IBN Services, New Delhi)

Weekly News Letter— Dated 22^nd – 26^th March 2010

E-Mail: info@ibnservice.com or ibnservices@gmail.com/

Web: http://www.ibnservice.in/ or http://ibnservices.blogspot.com/

Yahoo / GTalk / Msn Messenger: ibnservicesdelhi or ibncommodity

Phone: (91) 011-47479747; 9899909899; 9311353399; 9968443444

Performance: http://nse-bse.blogspot.com or http://mcx-ncdex.blogspot.com/

Advice: Book profits in weekly at gain of 3-10% in stock (Cash/Fut.) & don’t take risk with your money.

NIFTY: Weekly Close: 5262.80 (125.80) Resis – 5300, 5350, 5400, 5500, 5650 Supports – 5150, 5050, 4975, 4900, 4820

SENSEX: Weekly Close: 17578.23 (411.61) Resis – 17700, 18000, 18150, 18300 Supports – 17150, 16800, 16550, 16300

Sensex Range This Week: 17100 - 18000 above which it will touch 18300 & Below Tgt 16500; Resis at 18000 closing.

We are close to major hurdle in Nifty at 5300-5350 & close above this will see new life to Bull Run. Avoid aggressive buying until cross the barrier. Hot sector for the Week: Tele & Power.

LAST WEEK PROFITS: RCOM 4.5%; IFCI 0%; ESSAROIL-Fut. Rs. 3530; BAJAJHIND-Fut. 00; DLF-(Opt) Rs. 5360.00

TRADER’S PICK THIS WEEK: IDBI, RENUKA, EDUCOMP, TATACOMM, DCHL, EKC, OPTOCIR, ROLTA, STER, INDIACEM etc.

 

Scripts (CMP)	Trading Levels	Tgt1	Tgt2	SL	Remarks
Hot - Cash/ Future Stocks for This Week
RCOM (167.65)	Must Buy At 160-155	167	170—174	Bel 152	Highly oversold on charts, expect rise to 185+
IFCI (51.20)	Buy C/Fut. At 51—50	53	54—55+	Bel 49	Rollover will show short covering toward 53+
.Derivative- Future (Strategy for the week)
ESSAROIL (139.10)	Must Buy At 139-136	145	147—150	Bel 133	Max Profits: Unlimited	Time to buy in bulk for Tgt 160-165+.
ESSARO PA 140 (1.60)	Buy when you buy Fut	Hedging Position			Max Loss: Rs. 4000
BAJAJHIND (145.75)	Must Buy At 145-141	152	155—158	Bel 138	Max Profits: Unlimited	Highly oversold, short covering exp.
BAJAJHIN PA140 (1.1)	Buy when you buy Fut	Hedging Positions			Max Loss: Rs. 4000
Derivative- Option
DLF-Mar CA 310 (7.00)	Must Buy At 6—4	Options Trading strategy with Low Risk & High Gain this wk			Max Profits: Unlimited	Trade in bulk till F&O expiry in Mar
DLF-Mar PA 300  (1.50)	Sell 2 Lot with CA 310				Max Loss: Rs. 2500

 

Weekly News Letter (Dated 22^nd – 26^th March 2010) Performance Report: Approx Profit / Loss: Rs. 14490.00

SCRIPT	REC PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
RCOM	Must Buy At 165	173	8	700	Profit Rs. 5600.00
IFCI	Buy C/Fut. At 50	50	0	7880	Profit Rs. 0.00
ESSAROIL (Fut./Opt)	Must Buy 136 / 1.5	136 / 3.5	0 + 2.5 = 2.5	1412	Profit Rs. 3530.00
BAJAJHIND (Fut./Opt)	Must Buy At 141 /1	141 / 1	0	1425	Profit Rs. 0.00
DLF (Opt Strategy)	Buy – 1.0 / 4.80	0.10 / 1.00	0.90 + (3.80*2) = 6.70	800	Profit Rs. 5360.00 (Super Call)

 

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://ibnservices.blogspot.com/ OR http://www.ibnservices.in/ Call: (91) 9899909899