Weekly News Letter- Dated 4th - 8th 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 4^th – 8^th 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: 5826.05 (171.80) Resis – 5850, 5980, 6050, 6150, 6300 Supports – 5750, 5555, 5420, 5300, 5200

SENSEX: Weekly Close: 19420.39 (604.75) Resis – 19500, 20000, 20300, 20700 Supports – 19200, 18500, 18000, 17650

Sensex Range This Week: 18500 - 20000 above which it will touch 20700 & Below Tgt 18000; Resis at 20000 closing.

Nifty has good hurdle at 5850- 5940 closing basis this week, one can sell on rise & avoid making long positions this week, any bad news expected soon. Hot sector for this Week: Sell Banking.

LAST WEEK PROFITS: PNB 2%; ABB 2.5%; ORIENTBK- Fut. Rs. 6000.0; NTPC- Fut. Rs. 9000.0; AMBUJACEM- (Opt) Rs. 10000.0

READER’S PICK THIS WEEK: BAJAJHIND, MPHASIS, ESCORTS, PATNI, TATAPOWER, BAJAJ-AUTO, KOTAKBANK etc

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1		TGT2-3	SL	REMARKS
Hot - Cash/ Future Stocks for This Week
PNB (1179.45)	Must Sell At 1180-1205	1130	1110—1080		1225	All banking stocks can show profit booking.
ABB (783.15)	Sell At 785—810	750	730—710		825	One should sell on every rise, no risk at all.
Derivative- Future (Strategy for the week)
ORIENTBANK (388.35)	Must Sell At 390—400	374	367—360		Abv 410	Max Profits: Unlimited	Low risk -high gain scrip for this week.
ORIENTBK CE 400(10)	Buy when you sell Fut.	Hedging Position				Max Loss: Rs. 5000
NTPC (190.30)	Sell Around 191—195	182	178—175		Abv 200	Max Profits: Unlimited	Bearish trend seen on charts, Tgt 170.
NTPC CE 200  (1.65)	Buy when you sell Fut.	Hedging Positions				Max Loss: Rs. 5000
Derivative- Option
AMBUJA PE 140 (2.70)	Must Buy At 2.70—2.0	Options Trading strategy with High Risk & High Gain this wk				Max Profits: Unlimited	Trade in bulk & hold for 1-2 weeks.
AMBUJA CE 150 (4.30)	Sell 2 Lots with PE 140					Max Loss: Rs. 6000

 

Weekly News Letter (Dated 4^th Apr – 8^th Apr 2011) Performance Report: Maximum Profit / Loss: Rs. 36250.00

SCRIPT	REC PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
PNB	Must Sell At 1205	1180	25	250	Profit Rs. 6250.00
ABB	Sell C/Fut. At 810	790	20	250	Profit Rs. 5000.00
ORIENTBANK (Fut./Opt)	Must Sell 400 / 0.0	374 / 0.0	12	500	Profit Rs. 6000.00
NTPC (Fut./Opt)	Sell At 193 / 1.0	184 / 1.0	9 + 0 = 9.0	1000	Profit Rs. 9000.00
AMBUJAC (Opt Strategy)	Buy At 1.50 / 7.00	1.50 / 4.50	0 + (2*2.5) = 5.00	2000	Profit Rs. 10000.00(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