Weekly News Letter- Dated 8th - 12th March 2010. 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 8th – 12th March 2010
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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.
NIFTY: Weekly Close: 5088.70 (166.40) Resis – 5150, 5300, 5400, 5500, 5650 Supports – 4900, 4820, 4700, 4650, 4550
SENSEX: Weekly Close: 16994.49 (564.94) Resis – 17300, 17700, 18000, 18300 Supports – 16450, 16200, 15700, 15500
Sensex Range This Week: 16200 - 18000 above which it will touch 18500 & Below Tgt 15500; Resis at 17300 closing.
We are again heading toward danger zone from where we expect profit booking & high volatility. Exit you long or keep SL on your holdings. Hot sector for the Week: Telecom.
LAST WEEK PROFITS: TTML 0%; WELGUJ 4%; SUZLON - Fut. Rs. 00; RCOM - Fut. 1750; UNITECH-(Opt) Rs. 2475.
TRADER’S PICK THIS WEEK: SUZLON, IDBI, DISHTV, BHARTIARTL, ICICIBANK, WELGUJ, SCI, PUNJLLOYD, ROLTA etc.
Scripts (CMP) | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
Hot - Cash/ Future Stocks for This Week | ||||||
TTML (24.45) | Must Buy At 24.4-23.5 | 25.50 | 26—26.50 | Bel 23 | All telecom stocks are looking hot & fiery. | |
WELSPUN GUJ (344.3) | Buy C/Fut. 265—261 | 275 | 279—283 | Bel 257 | Stock is sleeping tiger, can trade with stoploss | |
.Derivative- Future (Strategy for the week) | ||||||
SUZLON (80.70) | Must Buy At 80—77 | 84 | 86—88+ | Bel 75 | Max Profits: Unlimited | Trade with hedge for good gain soon. |
SUZLON PA 75 (1.05) | Buy when you buy Fut | Hedging Position | Max Loss: Rs. 6000 | |||
RCOM (165.50) | Grab At 165—160 | 173 | 177—180+ | Bel 157 | Max Profits: Unlimited | Low risk & high gain, trade & hold. |
RCOM PA 160 (2.85) | Buy when you buy Fut | Hedging Positions | Max Loss: Rs. 2100 | |||
Derivative- Option | ||||||
Must Buy At 2—1.5 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Unlimited | Trade the strategy for 1 week for gain. | |||
UNITECH CA 90 (0.45) | Sell 2 Lot with CA 80 | Max Loss: Rs. 3000 |
Weekly News Letter (Dated 8th – 12th March 2010) Performance Report: Approx Profit / Loss: Rs. 21825.20
SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
TTML | Must Buy At 23.50 | 23.50 | 0 | 10450 | Profit Rs. 00.00 |
WELSPUN GUJ | Buy C/Fut. At 261 | 272 | 11 | 1600 | Profit Rs. 17600.0 (Super Call) |
SUZLON (Fut./Opt) | Must Buy 77 / 1.0 | 76 / 2.00 | - 1 + 1 = 0 | 3000 | Profit Rs. 00.00 |
RCOM (Fut./Opt) | Grab At 160 / 2.0 | 160 / 4.50 | 0 + 2.50 = 2.50 | 700 | Profit Rs. 1750.00 |
UNITECH (Opt Strategy) | Buy – 1.0 / 0.50 | 0.75 / 0.10 | -0.25 + 0.80= 0.55 | 4500 | Profit Rs. 2475.00 |
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
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