Weekly News Letter- Dated 2nd - 6th August 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 2nd – 6th 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: 5367.60 (81.50) Resis – 5500, 5550, 5600, 5700, 5750 Supports – 5300, 5200, 5050, 4900, 4820
SENSEX: Weekly Close: 17868.29 (262.69) Resis – 18300, 18500, 18850, 19000 Supports – 17800, 17500, 17000, 16550
Sensex Range This Week: 17100 - 18200 above which it will touch 18500 & Below Tgt 16700; Resis at 18300 closing.
Market finally gave up strength & bear had upper hand on weekly close. Nifty has support at 5300 then 5150-5050. The global Mkt will show the path now. Hot sector for the Week: Metal.
LAST WEEK PROFITS: IDBI- 1.5%; INDIACEM- 3%; STER-Fut. Rs. 4000.0; HOTELEELA-Fut. Rs. 12000.00; RCOM-(Opt) Rs. 17000.0
TRADER’S PICK THIS WEEK: APOLTYRE, INDCEM, IFCI, INDHOTEL, YESBK, CIPLA, IOC, MTNL, NHPC, IOC, SCI etc.
Result: Gail, India Cement, Hindalco, Punj Lloyd, Adani Power, Mundra Port, Idfc, Brfl, Auro Pharma, RMedia, Fortis, Nalco, Power Grid etc.
| SCRIP CODE (CMP) | ENTRY LEVEL | TGT1 | TGT 2 | SL | TREND | ||
| Hot - Cash/ Future Stocks for This Week | |||||||
| IDBI (119.05) | Must Buy 118.5--116 | 124 | 126—129 | 114 | Low risk & high gain scrip for weekly trader. | ||
| INDIA CEMENT(106.6) | Buy C/Fut. At 106-103 | 111 | 113—115 | Bel 100 | Keep an eye trade with hedge this wk for gain | ||
| .Derivative- Future (Strategy for the week) | |||||||
| STER (175.85) | Must Buy At 175—172 | 181 | 184—187 | Bel 170 | Max Profits: Unlimited | Metal stocks are showing strength. | |
| STER PA 170 (4.30) | Buy when you buy Fut. | Hedging Position | Max Loss: ` 2000 | ||||
| HOTELEELA (48.70) | Buy At 48.5—47 | 51 | 52—53+ | Bel 46 | Max Profits: ` 35000 | Something cooking in the hotel stocks. | |
| …………. (…….) | ……………. | Hedging Positions | Max Loss: ` 8000 | ||||
| Derivative- Option | |||||||
| Must Buy At 7.0—5.0 | Options Trading strategy with Low Risk & High Gain this wk | Max Profits: Unlimited | Trade in bulk for this week for gains. | ||||
| RCOM CA 190 (3.20) | Sell 2 lots with PA 180 | Max Loss: ` 10000 | |||||
Weekly News Letter (Dated 2nd – 6th August 2010) Performance Report: Approx Profit / Loss: Rs. 45000.00
| SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| IDBI | Must Buy At 120 | 123 | 3 | 2000 | Profit Rs. 6000.00 |
| INDIA CEMENT | Buy C/Fut. At 103 | 106 | 3 | 2000 | Profit Rs. 6000.00 |
| STER (Fut./Opt) | Must Buy 177 / 2.50 | 181 / 2.50 | 4 | 1000 | Profit Rs. 4000.00 |
| HOTELEELA (Fut./Opt) | Buy At 49 | 50.50 | 1.50 | 8000 | Profit Rs. 12000.00(Super Call) |
| RCOM (Opt Strategy) | Buy At 6.0 / 3.80 | 9.50 / 1.30 | 3.50 + (2.50*2) = 8.50 | 2000 | Profit Rs. 17000.00(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
posted by NSE_BSE at Friday, August 06, 2010
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