Weekly News Letter- Dated 29th March - 2nd 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 29th March – 2nd 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: 5262.80 (125.80) Resis – 5350, 5400, 5500, 5650, 5725 Supports – 5050, 4900, 4820, 4700, 4650
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 heading into caution zone of 5300-5350 levels, one should trade with strict SL or keep hedge for safety. Stock specific move can be seen this week. Hot sector for the Week: Power.
LAST WEEK PROFITS: SUZLON 0%; POLARIS -2%; ORCHID-Fut. Rs. 8400; UNITECH-Fut. 15300.00; SBIN-(Opt) Rs. 5808.00
TRADER’S PICK THIS WEEK: DLF, RCOM, IFCI, IDBI, BIOCON, AMBUJA, CANBANK, JPASSOC, POWERGRID, EDUCOMP etc.
| Scripts (CMP) | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
| Hot - Cash/ Future Stocks for This Week | ||||||
| SUZLON (72.80) | Must Buy At 72.5—70 | 76 | 77.5—79 | Bel 68 | One can go long for short term quick gains. | |
| POLARIS (177.00) | Buy C/Fut. At 177-173 | 184 | 187—190 | Bel 170 | Good stock 4 weekly trade, expected Tgt 190+ | |
| .Derivative- Future (Strategy for the week) | ||||||
| ORCHIDCHEM (160.2) | Must Buy At 159-155 | 167 | 170—174 | Bel 152 | Max Profits: Unlimited | Low risk & high gain, trade with SL. |
| ………….. (………) | …………….. | Hedging Position | Max Loss: Rs. 6300 | |||
| UNITECH (71.80) | Must Buy At 71.5—69 | 74.5 | 76—78 | Bel 67.50 | Max Profits: Unlimited | Good among infra sector, keep hedge. |
| UNITECH PA 65 (0.90) | Buy when you buy Fut | Hedging Positions | Max Loss: Rs. 7000 | |||
| Derivative- Option | ||||||
| Must Buy At 52—40 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Unlimited | One can go long in trade for 1 week. | |||
| SBIN PA 2050 (43.50) | Buy 1Lot withCA2100 | Max Loss: Rs. 5000 | ||||
Weekly News Letter (Dated 29th Mar – 2nd Apr 2010) Performance Report: Approx Profit / Loss: Rs. 21108.00
| SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| SUZLON | Must Buy At 72 | 72 | 0 | 3000 | Profit Rs. 0.00 |
| POLARIS | Buy C/Fut. At 173 | 170 | -3 | 2800 | Loss Rs. 8400.00 |
| ORCHIDCHE (Fut./Opt) | Must Buy 155 | 159 | 4 | 2100 | Profit Rs. 8400.00 |
| UNITECH (Fut./Opt) | Must Buy At 72 /0.50 | 75.50 / 0.40 | 3.50 - 0.10 = 3.40 | 4500 | Profit Rs. 15300.0 (Super Call) |
| SBIN (Opt Strategy) | Buy – 50.0 / 42.0 | 60.0 / 25.0 | 10.0 + (17*2) = 44.0 | 132 | Profit Rs. 5808.00 |
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
posted by NSE_BSE at Friday, April 02, 2010
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