Weekly News Letter- Dated 7th - 11th June 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 7th – 11th June 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: 5135.50 (68.95) Resis – 5250, 5400, 5450, 5530, 5600 Supports – 4900, 4820, 4700, 4600, 4500
SENSEX: Weekly Close: 17117.69 (254.63) Resis – 17500, 18100, 18300, 18500 Supports – 16550, 16300, 16000, 15700
Sensex Range This Week: 16300 - 17500 above which it will touch 18000 & Below Tgt 15700; Resis at 18000 closing.
We are again reaching into caution zone around 5150-5200 where a major sell-off can be seen. We will see a new zone in Nifty only close above 5400 levels. Hot sector for the Week: Power.
LAST WEEK PROFITS: IDBI 1.5%; ISPATIND 0%; ABIRLANUVO-Fut. Rs. 17200; INDHOTEL-Fut. Rs. 15192; RCOM-(Opt) Rs. 3500
TRADER’S PICK THIS WEEK: PTC, IFCI, TATASTL, ABAN, ESSAROIL, RPOWER, ORCHID, DABUR, HOTELEELA etc.
| Scripts (CMP) | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
| Hot - Cash/ Future Stocks for This Week | ||||||
| IDBI (114.90) | Must Buy At 115-112 | 120 | 123—127 | 110 | Any time big move toward 125--130 expected. | |
| ISPAT IND (17.55) | Buy C/Fut. At 17.5--17 | 18.50 | 19—19.50 | Bel 16.70 | Good stock for short term, weekly Tgt 18.50+ | |
| .Derivative- Future (Strategy for the week) | ||||||
| ABIRLANUVO (751.00) | Must Buy At 750-730 | 780 | 795—810 | Bel 710 | Max Profits: Rs. 20000 | Highly oversold on charts for bounce. |
| ……………. (………….) | ……………… | Hedging Position | Max Loss: Rs. 8000 | |||
| INDHOTEL (101.20) | Grab At 101—99 | 105 | 107—109 | Bel 97 | Max Profits: Unlimited | All hotel stocks will zoom 8-10% now. |
| ……….. (………) | ……………… | Hedging Positions | Max Loss: Rs. 7600 | |||
| Derivative- Option | ||||||
| Must Buy At 5—3.5 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Unlimited | Trade & hold for 7-10 day 4 good gain. | |||
| RCOM CA 180 (3.60) | Sell 2 Lot with PA 160 | Max Loss: Rs. 6000 | ||||
Weekly News Letter (Dated 7th – 11th June 2010) Performance Report: Approx Profit / Loss: Rs. 40692.00
| SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| IDBI | Must Buy At 112 | 114 | 2 | 2400 | Profit Rs. 4800.00 |
| ISPAT IND | Buy C/Fut. At 17 | 17 | 0 | 12450 | Profit Rs. 0.00 |
| ABIRLANUVO (Fut./Opt) | Must Buy 730 | 773 | 43 | 400 | Profit Rs. 17200.0 (Super Call) |
| INDHOTEL (Fut./Opt) | Grab At 99 | 103 | 4 | 3798 | Profit Rs. 15192.00(Super Call) |
| RCOM (Opt Strategy) | Buy At 2.50 / 8.50 | 2.50 / 3.50 | 0.0 + 5.00 = 5.00 | 700 | Profit Rs. 3500.00 |
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, June 11, 2010
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