Weekly News Letter- Dated 5th - 9th April 2010---Gain from us. Visit: http://www.ibnservices.com/ OR http://nse-bse.blogspot.com/ OR http://mcx-ncdex.blogspot.com/
India Stock (A Unit of IBN Services, New Delhi)
Weekly News Letter— Dated 5th – 9th 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: 5290.50 (27.70) Resis – 5350, 5400, 5500, 5650, 5725 Supports – 5050, 4900, 4820, 4700, 4650
SENSEX: Weekly Close: 17692.62 (114.39) Resis – 17800, 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.
Nifty is facing major hurdle at 5350 as indicated earlier too. This week we can see some strength with global cues but avoid long or keep hedge. Hot sector for the Week: Sugars.
LAST WEEK PROFITS: NAGARCON 10%; TV-18 4%; RENUKA-Fut. Rs. 21000; APOLLOTY-Fut. 31450; SBIN-(Opt) Rs. 19864
TRADER’S PICK THIS WEEK: MARUTI, FSL, NEYVELI, RENUKA, ESSAROIL, IDBI, SUNTV, SUZLON, ISPAT, NTPC, ABAN etc.
Scripts (CMP) | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
Hot - Cash/ Future Stocks for This Week | ||||||
NAGAR CONS (167.30) | Must Buy At 167-162 | 175 | 178—180 | Bel 160 | Stock is looking hot for quick rise this week. | |
TV-18 (79.50) | Buy C/Fut. At 79-76.5 | 83 | 84—85+ | Bel 75 | One can go long with SL for Tgt 85-90 soon. | |
.Derivative- Future (Strategy for the week) | ||||||
RENUKA (68.90) | Must Buy At 68--66 | 72 | 73.5—75 | Bel 65 | Max Profits: Unlimited | We expect short covering in sugar. |
RENUKA PA65 (1.75) | Buy when you buy Fut | Hedging Position | Max Loss: Rs. 5000 | |||
APOLLOTYRE (72.85) | Grab At 72.5—70 | 76 | 77.50—79 | Bel 68.5 | Max Profits: Unlimited | Something cooking in the tyre stocks. |
APOLLO PA70 (2.10) | Buy when you buy Fut | Hedging Positions | Max Loss: Rs. 6800 | |||
Derivative- Option | ||||||
Must Buy At 18—14 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Unlimited | Good strategy to go long till expiry. | |||
TATASTL PA600 (5.75) | Sell 2 Lot with CA 660 | Max Loss: Rs. 7500 |
Weekly News Letter (Dated 5th – 9th Apr 2010) Performance Report: Approx Profit / Loss: Rs. 112701.50
SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
NAGAR CONS | Must Buy At 168 | 185 | 17 | 2000 | Profit Rs. 34000.0 (Super Call) |
TV-18 | Buy C/Fut. At 78 | 81.5 | 3.50 | 1825 | Profit Rs. 6387.50 |
RENUKA (Fut./Opt) | Must Buy 68.5 / 0.70 | 72 / 1.40 | 3.50 + 0.70 = 4.20 | 5000 | Profit Rs. 21000.0 (Super Call) |
APOLLOTYR (Fut./Opt) | Grab At 72.8 / 1.15 | 81.80 / 1.40 | 9.0 + 0.25 = 9.25 | 3400 | Profit Rs. 31450.0 (Super Call) |
TATASTL (Opt Strategy) | Buy/Sell – 20.0 / 4.50 | 40.0 / 1.50 | 20.0 + (3*2) = 26.0 | 764 | Profit Rs. 19864.0 (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
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