Weekly News Letter- Dated 30th August - 3rd September 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 30^th Aug – 3^rd Sept 2010

E-Mail: info@ibnservice.com or ibnservices@gmail.com/

Web: http://www.ibnservice.in/ or http://ibnservices.blogspot.com/

Yahoo / GTalk / Msn Messenger: ibnservicesdelhi or ibncommodity

Phone: (91) 9899909899; 011-47479747; 27374799; 46242299

Performance: http://nse-bse.blogspot.com or http://mcx-ncdex.blogspot.com/

Advice: Book profits in weekly at gain of 3-10% in stock (Cash/Fut.) & don’t take risk with your money.

NIFTY: Weekly Close: 5408.70 (121.95) Resis – 5550, 5600, 5700, 5750, 5900 Supports – 5350, 5300, 5200, 5050, 4900

SENSEX: Weekly Close: 17998.41 (403.41) Resis – 18500, 18850, 19000, 19500 Supports – 17800, 17500, 17000, 16500

Sensex Range This Week: 17750 - 18500 above which it will touch 18800 & Below Tgt 17300; Support at 17750 closing.

Market has taken a deep cut last week, but the bounce will be quicker this week. One can buy around 5400-5350 with SL 5300 for target 5520+. Hot sector for the Week: Oil-Gas & Infra.

LAST WEEK PROFITS: STER- 7%; KSOILS- 7.5%; IOC-Fut. Rs. 31000; RELINFRA-Fut. Rs. 11500; ISPATIND-(Opt) Rs. 11000

READER’S PICK THIS WEEK: NAGARCONS, POWERGRID, RELCAP, RCOM, M&M, WELCORP, KFA, ACC, ITC etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1		TGT 2	SL	TREND
Hot - Cash/ Future Stocks for This Week
STER (152.00)	Must Buy At Opening	157	160—163		Bel 147	One can buy at 152—149 for quick rise now.
KSOILS (48.80)	Grab C/Fut. 48.5—47	51	52—53+		Bel 46	Low risk- high gain scrip 4 the weekly traders
Derivative- Future (Strategy for the week)
IOC (399.60)	Must Buy At 399—392	414	420—427		Bel 387	Max Profits: Unlimited	All oil marketing stocks are bullish.
IOC PA 440 (5.90)	Sell when you buy Fut.	Hedging Position				Max Loss: Rs. 5000
RELINFRA (990.05)	Must Grab 990—965	1020	1035-1050		Bel 950	Max Profits: Rs. 15000	We expect the stock to bounce this week
RELINFRA PA950 (20)	Buy when you buy Fut.	Hedging Positions				Max Loss: Rs. 5000
Derivative- Option
ISPATIND CA 20 (0.60)	Must Buy At 0.5—0.40	Options Trading strategy with Low Risk & High Gain this wk				Max Profits: Unlimited	Trade & hold with SL at 17 for gains.
ISPATIN PA 17.5 (0.40)	Sell 2 Lots with CA 20					Max Loss: Rs. 4400

 

Weekly News Letter (Dated 30^th Aug – 3^rd Sept 2010) Performance Report: Approx Profit / Loss: Rs. 78500.00

SCRIPT	REC PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
STER	Must Buy At 152	163	11	1000	Profit Rs. 11000.00(Super Call)
KSOILS	Buy C/Fut. At 48.50	52	3.50	4000	Profit Rs. 14000.0 (Super Call)
IOC (Fut./Opt)	Must Buy 395 / 9.00	422 / 5.0	27 + 4 = 31	1000	Profit Rs. 31000.00(Super Call)
RELINFRA (Fut./Opt)	Grab At 991 / 10.0	1040 / 7.0	49 - 3 = 46	250	Profit Rs. 11500.00(Super Call)
ISPAT (Option Strategy)	Buy At 0.40 / 0.30	1.0 / 0.10	0.60 + (0.20*2) = 1.0	11000	Profit Rs. 11000.00(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