Weekly News Letter- Dated 23rd - 27th August 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 23rd – 27th August 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: 5530.65 (78.55) Resis – 5550, 5600, 5700, 5750, 5900 Supports – 5400, 5300, 5200, 5050, 4900
SENSEX: Weekly Close: 18401.82 (234.79) Resis – 18500, 18850, 19000, 19500 Supports – 18000, 17800, 17500, 17000
Sensex Range This Week: 17750 - 18800 above which it will touch 19100 & Below Tgt 17300; Support at 17750 closing.
F&O expiry this week will show volatility with mixed trend, like one day up another day down. Nifty has next hurdle at 5600 levels & supp at 5350. Hot sector for the Week: Sugar & Pharma.
LAST WEEK PROFITS: CIPLA- 2%; ISPATIND- 9%; PUNJLLOYD-Fut. Rs. -4000.0; M&M-Fut. Rs. 3000.0; CAIRN-(Opt) Rs. 8400.0;
TRADER’S PICK THIS WEEK: TRIVENI, RANBAXY, MARUTI, PUNJLLOYD, STER, JPASSOCIATE, TATASTL, NHPC etc.
| SCRIP CODE (CMP) | ENTRY LEVEL | TGT1 | TGT 2 | SL | TREND | ||
| Hot - Cash/ Future Stocks for This Week | |||||||
| CIPLA (310.40) | Must Buy At 310—303 | 324 | 330—335 | Bel 300 | Stk can show sharp bounce of 5-10% this wk. | ||
| ISPATIND (17.85) | Grab C/Fut. 17.70—17 | 18.50 | 19—20 | Bel 16.50 | One can make long position for Tgt 20-22+. | ||
| .Derivative- Future (Strategy for the week) | |||||||
| PUNJLLOYD (116.0) | Must Buy At 115—112 | 122 | 125—128 | Bel 110 | Max Profits: Unlimited | Short covering can be seen this week. | |
| PUNJL PA 110 (0.35) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs. 4000 | ||||
| M&M (620.50) | Grab At 618—606 | 640 | 650—660 | Bel 600 | Max Profits: Rs. 10000 | Highly oversold on charts, expect rise. | |
| M&M PA 600 (2.75) | Buy when you buy Fut. | Hedging Positions | Max Loss: Rs. 1500 | ||||
| Derivative- Option | |||||||
| Must Buy At 1.50—1.0 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Unlimited | Trade & hold till expiry 4 good gain. | ||||
| CAIRN CA 360 (0.80) | Sell 2 Lots with PA 340 | Max Loss: Rs. 1500 | |||||
Weekly News Letter (Dated 23rd – 27th August 2010) Performance Report: Approx Profit / Loss: Rs. 32000.00
| SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| CIPLA | Must Buy At 311 | 320 | 7 | 1000 | Profit Rs. 7000.00 |
| ISPAT IND | Buy C/Fut. At 17.90 | 19.5 | 1.60 | 11000 | Profit Rs. 17600.0 (Super Call) |
| PUNJLLOYD (Fut./Opt) | Must Buy 115 / 0.20 | 113 / 0.20 | -2.0 + 0.0 = -2 | 2000 | Loss Rs. 4000.00 |
| M&M (Fut./Opt) | Grab At 607 / 1.0 | 619 / 1.0 | 12 + 0 = 12 | 250 | Profit Rs. 3000.00 |
| CAIRN (Option Strategy) | Buy At 1.0 / 7.0 | 2.50 / 0.10 | 1.50 + 6.90 = 8.40 | 1000 | Profit Rs. 8400.00 |
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, August 27, 2010
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