Weekly News Letter- Dated 25th - 29th October 2010---Gain from us. Visit: http://www.ibnservice.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 25^th – 29^th October 2010

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

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

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

Yahoo / GTalk / Msn Messenger: ibnservicesdelhi or ibncommodity

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: 6066.05 (3.40) Resis – 6200, 6300, 6400, 6500, 6666 Supports – 5950, 5850, 5650, 5500, 5350

SENSEX: Weekly Close: 20165.86 (40.81) Resis – 20650, 21000, 21400, 21750 Supports – 19750, 19300, 18800, 18300

Sensex Range This Week: 19700 - 21000 above which it will touch 21500 & Below Tgt 19300; Resis at 21000 closing.

Market will show volatility this week & Nifty will find Resis at 6200 & support at 5950 closing basis. One can buy at dips & sell on rise for gain this week. Hot sector this Week: Oil & Gas.

 

LAST WEEK PROFITS: ESSAROIL- 5.5%; LUPIN- 2.5%; ABGSHIP-Fut. Rs. 130000.0; ANDHRABK -Fut. Rs. 20000.0; TTML-(Opt) Rs. 900

 

READER’S PICKS THIS WEEK: MRPL, CIPLA, YESBK, POWERGRID, TRIVENI, SCI, BRFL, ALBK, TECHM, IDFC etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1		TGT 2	SL	COMMENTS
Hot - Cash/ Future Stocks for This Week
ESSAROIL (149.60)	Must Buy At 149—144	157	160—163		Bel 142	One can go long for 3-4 weeks, soon Tgt 180+
LUPIN (441.55)	Buy At 440—430	460	467—475		Bel 425	Good scrip for short term traders, Tgt 480+.
Derivative- Future (Strategy for the week)
ABGSHIP (366.90)	Must Buy At 365—355	380	388—395		Bel 350	Max Profits: Rs. 34000	Stock is very hot, non-stop rise seen.
……….. (……….)	……………	Hedging Position				Max Loss: Rs. 6000
ANDHRABANK (181.5)	Grab At 181—175	188	192—195		Bel 172	Max Profits: Rs. 30000	We have been long from 167, Tgt 190+.
ANDHRA PA 180 (3.0)	Buy when you buy Fut.	Hedging Positions				Max Loss: Rs. 6000
Derivative- Option
TTML-Nov CA 25 (1.25)	Must Buy At 1.20—1.0	Options Trading strategy with Low Risk & High Gain this wk				Max Profits: Unlimited	Keep spot SL 22 & trade for 1-2 weeks.
TTML-Nov CA 30 (0.50)	Sell 2 Lot with CA 30					Max Loss: Rs. 7500

 

Weekly News Letter (Dated 25^th – 29^th Oct 2010) Performance Report: Approx Profit / Loss: Rs. 179400.00

SCRIPT	REC PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
ESSAR OIL	Must Buy At 144	152	8	2000	Profit Rs. 16000.00(Super Call)
LUPIN	Grab C/Fut. At 440	450	10	1250	Profit Rs. 12500.00
ABGSHIP (Fut./Opt)	Must Buy 365	495	130	1000	Profit Rs. 130000  (Super Call)
ANDHRABNK (Fut./Opt)	Grab At 182 / 1.0	189.5 / 3.5	7.5 – 2.50 = 10	2000	Profit Rs. 20000.00(Super Call)
TTML (Option Strategy)	Buy/Sell 1.0 / 0.40	0.50 / 0.10	-0.50 + (0.30*2) = 0.10	9000	Profit Rs. 900.0

 

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.ibnservice.com/ Call: (91) 9899909899