Weekly News Letter- Dated 28th Mar - 1st 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 28^th Mar – 1^st 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: 5654.25 (280.55) Resis – 5720, 5800, 5930, 6030, 6150 Supports – 5555, 5420, 5300, 5200, 5050

SENSEX: Weekly Close: 18815.64 (936.83) Resis – 19100, 19500, 20000, 20300 Supports – 18500, 18000, 17650, 17300

Sensex Range This Week: 18000 - 19500 above which it will touch 20000 & Below Tgt 17500; Resis at 20000 closing.

Mkt will show volatility this week due to F&O expiry. Nifty has hurdle at 5750-5800 & support at 5550-5500 for trend to change. One should be stock specific. Hot sector for this Week: Bank.

LAST WEEK PROFITS: MUNDRA 4.5%; EDUCOMP 1.8%; CENTRALBK- Fut. Rs.13994; JISJAL- Fut. Rs. -3750; IFCI- (Opt) Rs. 4000

READER’S PICK THIS WEEK: BHARTI, BIOCON, MUNDRAPORT, ASHOKLEY, IFCI, JISJAL, COREPROTEC, GMDC etc

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1		TGT2-3	SL	REMARKS
Hot - Cash/ Future Stocks for This Week
MUNDRA PORT(137.6)	Must Buy At 137—132	144	147—150+		129	One can trade without any fear this wk 4 gain
EDUCOMP (424.90)	Buy At 424—415	445	455—465+		405	Short covering can be seen this week, keep SL
Derivative- Future (Strategy for the week)
CENTRALBK (136.15)	Must Buy At 136—132	143	146—149+		Bel 130	Max Profits: Unlimited	Mid-cap banking stocks are good.
CENTR PE 127.6  (0.15)	Buy when you buy Fut.	Hedging Position				Max Loss: Rs. 2352
JISLJALEQS (188.95)	Buy Around 188—183	198	202—206+		Bel 180	Max Profits: Unlimited	Trade with strict SL for gain this wk.
…………………… (….)	…………….	Hedging Positions				Max Loss: Rs. 3750
Derivative- Option
IFCI CE 55 (0.55)	Must Buy At 0.50—0.3	Options Trading strategy with High Risk & High Gain this wk				Max Profits: Unlimited	Trade in bulk & hold this F&O exp.
IFCI PE 52.50 (0.35)	Buy 1 Lot with CE 55					Max Loss: Rs. 2000

 

Weekly News Letter (Dated 28^th Mar – 1^st Apr 2011) Performance Report: Maximum Profit / Loss: Rs. 29744.4

SCRIPT	REC PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
MUNDRA PORT	Must Buy At 135	141	6	2000	Profit Rs. 12000.00
EDUCOMP	Buy C/Fut. At 418	425	7	500	Profit Rs. 3500.00
CENTRALBK (Fut./Opt)	Must Buy 134 / 0.15	146 / 0.05	12 – 0.10 = 11.90	1176	Profit Rs. 13994.40(Super Call)
JISLJALEQS (Fut./Opt)	Buy At 183	180	-3	1250	Loss Rs. 3750.00
IFCI (Opt Strategy)	Buy At 0.40 / 0.30	1.65 / 0.05	1.25 – 0.25 = 1.00	4000	Profit Rs. 4000.00

 

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