Weekly News Letter- Dated 18th - 22nd Apr 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 18th – 22nd Apr 2011
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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: 5824.55 (17.45) Resis – 5940, 6030, 6120, 6200, 6300 Supports – 5800, 5710, 5555, 5420, 5300
SENSEX: Weekly Close: 19386.82 (64.63) Resis – 19700, 20000, 20300, 20700 Supports – 19300, 19000, 18500, 18000
Sensex Range This Week: 18500 - 19500 above which it will touch 20000 & Below Tgt 18000; Resis at 20000 closing.
As written & warned for slide from 5940-5950, it happened. Now nifty will face stiff resistance at 5950 & support at 5720-5650 this week, keep SL. Hot sector for this Week: Auto & Sell-IT.
LAST WEEK PROFITS: HEXAWARE 10%; TVS 5%; BAJAJ-AUTO- Fut. Rs. 13750; CHAMBAL- Fut. Rs. 24000; POLARIS- (Opt) Rs. 15000
READER’S PICK THIS WEEK: TVSMTR, TATACOMM, BIOCON, DIVIS, FSL, TATACHE, MAX, ESSAROIL, HINDZINC etc
SCRIP CODE (CMP) | ENTRY LEVEL | TGT1 | TGT2-3 | SL | REMARKS | ||
Hot - Cash/ Future Stocks for This Week | |||||||
HEXAWARE (70.50) | Must Sell At 71—73 | 67 | 65—62 | 75 | All IT stocks are looking weak for further fall | ||
TVS MOTORS (59.85) | Buy C/Fut. 59.5—57.5 | 52.5 | 54—55+ | 56 | Stock can show upside this week, buy at dips. | ||
Derivative- Future (Strategy for the week) | |||||||
BAJAJ-AUTO (1420.00) | Must Buy 1420—1395 | 1480 | 1500—1530 | Bel 1370 | Max Profits: Unlimited | Low risk- high gain strategy 4 this week | |
BAJAJ PE 1400 (17.0) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs. 6250 | ||||
CHAMBLFERT (87.45) | Sell Around 88—90 | 84 | 82—80 | Abv 92 | Max Profits: Unlimited | Profit booking can be seen this week. | |
CHAMBL CE 90 (1.75) | Buy when you sell Fut. | Hedging Positions | Max Loss: Rs. 6000 | ||||
Derivative- Option | |||||||
Must Buy At 5.0—3.0 | Options Trading strategy with High Risk & High Gain this wk | Max Profits: Unlimited | Trade in bulk & hold for 4-6 days. | ||||
POLARIS CE 220 (2.30) | Sell 2 Lots with PE 200 | Max Loss: Rs. 10000 | |||||
Weekly News Letter (Dated 18th– 22nd Apr 2011) Performance Report: Maximum Profit / Loss: Rs. 120750.00
SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
HEXAWARE | Must Sell At 73.5 | 66.50 | 7 | 8000 | Profit Rs. 56000.00(Super Call) |
TVS MOTORS | Buy C/Fut. At 57.5 | 60.5 | 3 | 4000 | Profit Rs. 12000.00 |
BAJAJ-AUTO (Fut./Opt) | Must Buy At 1425 / 8 | 1485 / 3 | 60 – 5 = 55 | 250 | Profit Rs. 13750.00 |
CHAMBLFER (Fut./Opt) | Sell At 88.5 / 1.50 | 82 / 1.0 | 6.5 – 0.50 = 6 | 4000 | Profit Rs. 24000.00(Super Call) |
POLARIS (Opt Strategy) | Buy At 4.0 / 5.00 | 3.50 / 1.00 | 0.50 + (2*4.0) = 7.50 | 2000 | Profit Rs. 15000.00(Super Call) |
Disclaimer – India Stock {A unit of 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
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