Weekly News Letter- Dated 25th - 29th 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 25^th – 29^th Apr 2011

Phone: (91) 9899909899; 9968443444; 9311353399

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

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: 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: 19000 - 19700 above which it will touch 20000 & Below Tgt 18500; Resis at 20000 closing.

The week will show high volatility due to F&O expiry & scrip based sharp movements can be seen. One can trade with trend & keeping tight SL. Hot sector for this Week: Metal & Auto.

LAST WEEK PROFITS: CENTURY 4.5%; DCB 9%; BHUSANSTL- Fut. Rs. 17500; ESCORTS- Fut. Rs. 8000; HINDALCO- (Opt) Rs. 11600

READER’S PICK THIS WEEK: BALRAMCHIN, LUPIN, HEROHONDA, CENTURY, ABIRLANUVO, BHEL, SIEMENS etc.

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1		TGT2-3	SL	REMARKS
Hot - Cash/ Future Stocks for This Week
CENTURYTEX (373.0)	Must Buy At 372—362	387	394—400+		357	Stock looks good for short time gain, Tgt 450.
DCB (60.85)	Sell C/Fut. 61.5—63	58	56—54++		65	We see profit booking on charts, Sell in bulk.
Derivative- Future (Strategy for the week)
BHUSANSTL (517.70)	Must Sell At 520—535	500	490—475		Abv 550	Max Profits: Unlimited	Rollover & expiry can show selling.
………….. (…………)	……………………	Hedging Position				Max Loss: Rs.7500
ESCORTS (136.80)	Buy Around 136—132	144	147—150+		Bel 130	Max Profits: Unlimited	Keep an eye ready for a big move soon
……………  (…………)	………………….	Hedging Positions				Max Loss: Rs. 2000
Derivative- Option
HINDALCO CE220(3.7)	Must Buy At 3.5—2.0	Options Trading strategy with High Risk & High Gain this wk				Max Profits: Unlimited	Trade in bulk & hold for 3-5 days.
HINDALCO PE210(0.7)	Sell 2 Lots with CE 220					Max Loss: Rs. 5000

 

Weekly News Letter (Dated 25^th– 29^th Apr 2011) Performance Report: Maximum Profit / Loss: Rs. 65100.00

SCRIPT	REC PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
CENTURY TEX	Must Buy At 367	383	16	500	Profit Rs. 8000.00
DCB	Sell C/Fut. At 63	58	5	4000	Profit Rs. 20000.0 (Super Call)
BHUSANSTL (Fut./Opt)	Must Sell At 525	490	35	500	Profit Rs. 17500.00(Super Call)
ESCORTS (Fut./Opt)	Buy At 136	144	8	1000	Profit Rs. 8000.00
HINDALCO(OptStrategy)	Buy At 2.0 / 1.50	5.00 / 0.10	3.0 + (2*1.40) = 5.80	2000	Profit Rs. 11600.00(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