Weekly News Letter- Dated 16th - 20th May 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 16th – 20th 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: 5544.75 (6.70) Resis – 5730, 5800, 5900, 5950, 6020 Supports – 5420, 5300, 5200, 5050, 5000
SENSEX: Weekly Close: 18531.28 (12.47) Resis – 19000, 19300, 19550, 19750 Supports – 18000, 17600, 17300, 17000
Sensex Range This Week: 18000 - 19300 above which it will touch 19800 & Below Tgt 17300; Support at 18000 closing.
Nifty will bottom out this week & one can start buying at dips around 5450-5400 with SL 5300 for Tgt 5750-5850 till month end, not much harm seen. Hot sector this Week: Bank & Sugar.
LAST WEEK PROFITS: IDFC 10%; BHUSAN 4%; ONMOBILE Fut. Rs. 0; RENUKA- Fut. Rs. 0; ACC- (Opt) Rs. 2000.00
READER’S PICK THIS WEEK: AXISBANK, ACC, VIJAYABANK, RENUKA, BOB, BOI, HINDZINC, DCHL, EXIDEIND etc
SCRIP CODE (CMP) | ENTRY LEVEL | TGT1 | TGT2-3 | SL | REMARKS | ||
Hot - Cash/ Future Stocks for This Week | |||||||
IDFC (131.35) | Must Buy At 130—126 | 136 | 139—142 | 124 | One should start accumulating for good rise. | ||
BHUSAN STL (454.80) | Buy C/Fut. 450—440 | 470 | 480—490 | 432 | All steel stocks r oversold expect U-turn soon. | ||
Derivative- Future (Strategy for the week) | |||||||
ONMOBILE (113.10) | Must Buy At 112—109 | 117 | 120—122+ | Bel 107 | Max Profits: Unlimited | Scrip is at bottom, Buy at dip for long. | |
…………… (………..) | …………………….. | Hedging Position | Max Loss: Rs. 4000 | ||||
RENUKA (61.85) | Buy At 61.50—60 | 65 | 67—69+ | Bel 59 | Max Profits: Unlimited | No risk at all in any sugar stocks, grab. | |
RENUKA PE 60 (1.25) | Buy when you buy Fut. | Hedging Positions | Max Loss: Rs. 4000 | ||||
Derivative- Option | |||||||
Must Buy At 14—10 | Options Trading strategy with High Risk & High Gain this wk | Max Profits: Unlimited | Trade in bulk & hold for 7-10 days. | ||||
ACC PE 960 (6.45) | Sell 2 Lot with CE1000 | Max Loss: Rs. 3000 | |||||
Weekly News Letter (Dated 16th – 20th May 2011) Performance Report: Maximum Profit / Loss: Rs. 35500.00
SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
IDFC | Must Buy At 126 | 139 | 13 | 2000 | Profit Rs. 26000.0 (Super Call) |
BHUSAN STEEL | Buy C/Fut. At 440 | 455 | 15 | 500 | Profit Rs. 7500.00 |
ONMOBILE (Fut./Opt) | Must Buy At 110 | 110 | 0 | 2000 | Profit Rs. 0.00 |
RENUKA (Fut./Opt) | Buy At 60.0 / 1.20 | 60 / 1.20 | 0 | 4000 | Profit Rs. 0.00 |
ACC (Option Strategy) | Buy At 10.0 / 6.50 | 8.0 / 2.50 | -2.0 + (2*4.0) = 8.0 | 250 | Profit Rs. 2000.00 |
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
<< Home