Weekly News Letter- Dated 12th - 16th July 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 July 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: 5345.10 (108.00) Resis – 5400, 5500, 5550, 5600, 5700 Supports – 5200, 5050, 4900, 4820, 4750
SENSEX: Weekly Close: 17833.54 (372.54) Resis – 18000, 18300, 18500, 18850 Supports – 17500, 17000, 16550, 16300
Sensex Range This Week: 170000 - 18250 above which it will touch 18500 & Below Tgt 16500; Resis at 18000 closing.
The week will show Nifty at crucial stage & hurdle of 5400 then 5500. We are on the highest edge of the Mkt & one must be cautious with their longs. Hot sector for the Week: Sugar.
LAST WEEK PROFITS: BAJAJHI- 1%; ONMOBILE- 5%; JINDALSTL-Fut. Rs. 7500.0; MARUTI-Fut. Rs. 2500.0; ITC-(Opt) Rs. 3000.0
TRADER’S PICK THIS WEEK: ESAAROIL, SAIL, VIDEOCON, ONMOBILE, EKC, RENUKA, MARUTI, IOC, DENABK etc.
Scripts (CMP) | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
Hot - Cash/ Future Stocks for This Week | ||||||
BAJAJ HIND (121.25) | Must Buy At 121—118 | 127 | 130—133 | 115 | One should remain long in all sugar stocks. | |
ONMOBILE (280.30) | Buy C/Fut. At 278-274 | 290 | 295—300 | Bel 270 | Scrip is for risky trader, high rewarding too. | |
.Derivative- Future (Strategy for the week) | ||||||
JINDALSTEL (635.45) | Must Buy At 632—620 | 655 | 664—670 | Bel 612 | Max Profits: Unlimited | Keep an eye, ready to explode this wk. |
JINDALSTL PA600(5.3) | Sell when you buy Fut. | Hedging Position | Max Loss: Rs. 4000 | |||
MARUTI (1413.00) | Buy At 1410—1385 | 1470 | 1490-1520 | Bel 1360 | Max Profits: Unlimited | Auto stocks are looking good. |
MARUTI PA1400 (24.5) | Buy when you buy Fut. | Hedging Positions | Max Loss: Rs. 6000 | |||
Derivative- Option | ||||||
Must Buy At 4.5—3.5 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Unlimited | Trade in bulk for 7-10 days for gains. | |||
ITC CA 320 (1.15) | Sell 2 lot with PA 300 | Max Loss: Rs. 3000 |
Weekly News Letter (Dated 12th – 16th July 2010) Performance Report: Approx Profit / Loss: Rs. 32000.00
SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
BAJAJ HIND | Must Buy At 118 | 120 | 2 | 2000 | Profit Rs. 4000.00 |
ONMOBILE | Buy C/Fut. At 282 | 297 | 15 | 1000 | Profit Rs. 15000.00(Super Call) |
JINDALSTL (Fut./Opt) | Must Buy At 627 / 5 | 642 / 5 | 15 + 0 = 15 | 500 | Profit Rs. 7500.00 |
MARUTI (Fut./Opt) | Buy At 1385 / 25 | 1375 / 45 | – 10 + 20 = 10 | 250 | Profit Rs. 2500.00 |
ITC (Opt Strategy) | Buy At 4.5 / 1.50 | 5.50 / 0.50 | 1.0 + (1.0*2) = 3.00 | 1000 | Profit 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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