Weekly News Letter- Dated 7th - 11th March 2011. 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 7^th – 11^th March 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: 5538.75 (235.20) Resis – 5620, 5700, 5800, 5930, 6000 Supports – 5400, 5300, 5200, 5050, 4800

SENSEX: Weekly Close: 18480.15 (779.24) Resis – 18800, 19100, 19500, 20000 Supports – 18000, 17650, 17300, 17000

Sensex Range This Week: 17800 - 18800 above which it will touch 19300 & Below Tgt 17500; Resis at 18500 closing.

Nifty will find stiff Resis around 5620-5700 where one can sell & hold for sharp downfall in coming days, keep SL 5850 for your shorts in this month. Hot sector this Week: Oil & Gas.

 

LAST WEEK PROFITS: MPHASIS 5%; CAIRN 7%; INDIAINFO- Fut. Rs.11000; ITC- Fut. Rs. 12000; IFCI- (Opt) Rs. 12000

READER’S PICKS THIS WEEK: BGRENERGY, ORCHID, RANBAXY, MPHASIS, RELINF, TCS, CAIRN, BANKIND, ITC etc

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1		TGT2-3	SL	REMARKS
Hot - Cash/ Future Stocks for This Week
MPHASIS (453.85)	Must Buy At 450—440	470	480—490+		430	No risk, Buy at dip for good bounce very soon
CAIRN (351.20)	Sell At 352—358	340	335—330		362	Free fall toward 330-320 can b seen in 1-2 wk
Derivative- Future (Strategy for the week)
INDIAINFO (77.25)	Must Sell At 78—80	74	72—70		Abv 82	Max Profits: Unlimited	One can sell in bulk for good profit soon
INDINF CE 80 (2.25)	Buy when you sell Fut.	Hedging Position				Max Loss: Rs. 4000
ITC (172.25)	Sell At 173—177	165	161—157		Abv 180	Max Profits: Rs. 30000	Scrip is looking weak on chart, sell.
ITC CE 180 (2.25)	Buy when you sell Fut.	Hedging Positions				Max Loss: Rs. 6000
Derivative- Option
IFCI CE 52.50 (2.55)	Must Buy At 2.50—2.0	Options Trading strategy with High Risk & High Gain this wk				Max Profits: Unlimited	Trade in bulk for 4-5 day for good gain
IFCI CE 60 (0.55)	Sell 2 Lot with CE 52.5					Max Loss: Rs. 6000

 

Weekly News Letter (Dated 7^th – 11^th Mar 2011) Performance Report: Maximum Profit / Loss: Rs. 68500.0

SCRIPT	REC PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
MPHASIS	Must Buy At 450	475	25	500	Profit Rs. 12500.00
CAIRN	Sell C/Fut. At 358	337	21	1000	Profit Rs. 21000.00(Super Call)
INDIAINFO (Fut./Opt)	Must Sell At 76.5/ 0	71 / 0	5.5	2000	Profit Rs. 11000.00
ITC (Fut./Opt)	Sell At 174 / 1.50	169 / 2.50	5 + 1 = 6	2000	Profit Rs. 12000.00
IFCI (Opt Strategy)	Buy At 2.0 / 1.0	4.0 / 0.50	2.0 + (2*0.5) = 3.0	4000	Profit Rs. 12000.0 (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.ibnservice.com/ Call: (91) 9899909899