Weekly News Letter- Dated 12th - 16th April 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 12th – 16th April 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: 5361.75 (71.25) Resis – 5400, 5450, 5530, 5600, 5750 Supports – 5200, 5050, 4900, 4820, 4700
SENSEX: Weekly Close: 17933.14 (240.52) Resis – 18100, 18300, 18500, 18750 Supports – 17400, 16800, 16550, 16300
Sensex Range This Week: 17300 - 18300 above which it will touch 18500 & Below Tgt 17000; Resis at 18000 closing.
Caution should be applied at rise & trader should keep hedge to protect their trade. We are not comfortable with this rally with no break, Pls avoid long. Hot sector for the Week: Auto.
LAST WEEK PROFITS: IFCI 0%; RENUKA 5.5%; MARUTI-Fut. Rs. 2000.00; DLF-Fut. 0.00; SUZLON-(Opt) Rs. -3000
TRADER’S PICK THIS WEEK: IDBI, BAJAJHIND, DLF, ABAN, NEYVELI, KFA, IVRCL, ROLTA, JPASSOCIATE, EKC, IFCI etc.
Scripts (CMP) | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
Hot - Cash/ Future Stocks for This Week | ||||||
IFCI (53.55) | Must Buy At 53—51.5 | 55.5 | 56.5—58 | Bel 51 | Highly oversold on chart, good news expected | |
RENUKA (68.45) | Grab C/Fut. At 68-66 | 71.5 | 73—75+ | Bel 65 | All sugar stocks can be bought at dips this wk. | |
.Derivative- Future (Strategy for the week) | ||||||
MARUTI (1383.20) | Must Buy 1380--1360 | 1430 | 1450-1475 | Bel 1340 | Max Profits: Unlimited | Auto stocks are hot for trader this week |
MARUTI PA1350 (23.2) | Buy when you buy Fut | Hedging Position | Max Loss: Rs. 4000 | |||
DLF (334.90) | Buy At 333—325 | 349 | 355—360 | Bel 320 | Max Profits: Unlimited | One can trade with hedge for good gain |
DLF PA 320 (5.85) | Buy when you buy Fut | Hedging Positions | Max Loss: Rs. 4000 | |||
Derivative- Option | ||||||
Must Buy At 2.50—2 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Unlimited | Trade & Hold for 2 weeks 4 good gains. | |||
SUZLON PA 70 (0.60) | Sell 2 Lots with CA 75 | Max Loss: Rs. 6000 |
Weekly News Letter (Dated 12th – 16th Apr 2010) Performance Report: Approx Profit / Loss: Rs. 19000.00
SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
IFCI | Must Buy At 51.50 | 51.50 | 0 | 7880 | Profit Rs. 0.00 |
RENUKA | Buy C/Fut. At 68 | 72 | 4 | 5000 | Profit Rs. 20000.0 (Super Call) |
MARUTI (Fut./Opt) | Must Buy 1360 / 20.0 | 1360 / 30.0 | 0 + 10.0 = 10.00 | 200 | Profit Rs. 2000.00 |
DLF (Fut./Opt) | Buy At 333 / 6.0 | 333 / 6.0 | 0.0 + 0.0 = 0.0 | 800 | Profit Rs. 0.00 |
SUZLON (Opt Strategy) | Buy/Sell – 2.0 / 0.90 | 1.0 / 0.90 | -1.0 + (0*2) = -1.0 | 3000 | Loss Rs. 3000.00 |
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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