Weekly News Letter- Dated 28th June - 2nd 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 28th June – 2nd 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: 5266.70 (4.10) Resis – 5400, 5500, 5550, 5600, 5700 Supports – 5050, 4900, 4820, 4700, 4600
SENSEX: Weekly Close: 17574.53 (3.71) Resis – 18000, 18300, 18500, 18850 Supports – 17000, 16550, 16300, 16000
Sensex Range This Week: 16800 - 18000 above which it will touch 18300 & Below Tgt 16500; Resis at 18000 closing.
Finally Mkt ended flat on weekly basis but we expect further decline this week due to negative global cues. One can sell on every rise keeping Nifty SL 5400. Hot sector for the Week: Oil.
LAST WEEK PROFITS: IDEA- 5%; GVKPIL- 2.5%; ESSAROIL-Fut. Rs. 13000; GTLINFRA-Fut. Rs. 16000; RELIANCE-(Opt) Rs. 4250
TRADER’S PICK THIS WEEK: PTC, APOLLOTYRE, KSOIL, ABAN, IDBI, ORCHID, RELCAP, SESAGOA, TATACOMM etc.
| Scripts (CMP) | Trading Levels | Tgt1 | Tgt2 | SL | Remarks | |
| Hot - Cash/ Future Stocks for This Week | ||||||
| IDEA (56.55) | Must Buy At 56—54 | 58.5 | 59.50—61 | 53 | One can go long for Tgt 60+ this week in C/F. | |
| GVKPIL (44.10) | Buy C/Fut. At 44-42.5 | 46.5 | 47.5—49 | Bel 41 | News based sharp move expected any time. | |
| .Derivative- Future (Strategy for the week) | ||||||
| ESSAROIL (138.20) | Must Buy At 137-132 | 144 | 147—150+ | Bel 130 | Max Profits: Unlimited | We have been long, worst is over now. |
| ESSAROIL PA130 (3.4) | Buy when you buy Fut | Hedging Position | Max Loss: Rs. 4000 | |||
| GTLINFRA (46.10) | Grab At 46—44 | 48.5 | 49.5—51 | Bel 43 | Max Profits: Unlimited | All round +ve news low will be heard. |
| GTLINFR PA 42.5 (0.8) | Buy when you buy Fut | Hedging Positions | Max Loss: Rs. 8000 | |||
| Derivative- Option | ||||||
| Must Buy At 20—15 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Unlimited | Good for option trader this week. | |||
| RIL CA 1120 (14.40) | Sell 2 lot with PA1050 | Max Loss: Rs. 5000 | ||||
Weekly News Letter (Dated 28th – 2nd June 2010) Performance Report: Approx Profit / Loss: Rs. 57250.00
| SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| IDEA | Must Buy At 57 | 60 | 3 | 4000 | Profit Rs. 12000.00 |
| GVKPIL | Buy C/Fut. At 43 | 44.5 | 1.5 | 8000 | Profit Rs. 12000.00 |
| ESSAROIL (Fut./Opt) | Must Buy At 137.5 | 144 | 6.5 | 2000 | Profit Rs. 13000.00 |
| GTLINFRA (Fut./Opt) | Grab At 47 | 49 | 2 | 8000 | Profit Rs. 16000.00(Super Call) |
| RELIANCE (OptStrategy) | Buy At 15.0 / 20.00 | 20.0 / 14.0 | 5.0 + (6.0*2) = 17.00 | 250 | Profit Rs. 4250.00 |
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, July 02, 2010
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