Weekly News Letter-(Dated 23rd - 27th 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 23rd – 27th May 2011
Phone: (91) 9899909899; 9968443444; 9311353399
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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: 5486.35 (58.40) Resis – 5600, 5730, 5800, 5900, 5950 Supports – 5420, 5300, 5200, 5050, 5000
SENSEX: Weekly Close: 18326.09 (205.19) Resis – 18500, 19000, 19300, 19550 Supports – 18000, 17600, 17300, 17000
Sensex Range This Week: 18000 - 19000 above which it will touch 19500 & Below Tgt 17300; Support at 18000 closing.
As indicated last week Nifty bottom around 5400 & given a good rise toward 5520 now the Resis lies at 5555 closing basis for bulls to have upper hand. Hot sector this Week: R-group.
LAST WEEK PROFITS: RENUKA 1.5%; BAJAJ-AUTO 1%; RELINFRA Fut. Rs. 2500; SBIN- Fut. Rs. 7500; RIL- (Opt) Rs. 5750
READER’S PICK THIS WEEK: IDBI, IFCI, RPOWER, TATAMOTR, UCOBNK, RELMEDIA, BALRAMCHI, ASIANPAINT etc
| SCRIP CODE (CMP) | ENTRY LEVEL | TGT1 | TGT2-3 | SL | REMARKS | ||
| Hot - Cash/ Future Stocks for This Week | |||||||
| RENUKA (59.60) | Must Buy At 59—57.5 | 62 | 63.5—65+ | 56 | All sugar stocks are expected to show bounce. | ||
| BAJAJ-AUTO (1330.45) | Buy C/Fut. 1330—1300 | 1380 | 1400—1420 | 1280 | Keep an eye, the stock can show U-turn soon. | ||
| Derivative- Future (Strategy for the week) | |||||||
| RELINFRA (570.25) | Must Buy At 570—557 | 590 | 600—610+ | Bel 550 | Max Profits: Unlimited | We see good rise in all ADAG stocks. | |
| RELINF PE 560 (5.60) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs. 2000 | ||||
| SBIN (2323.80) | Buy At 2320—2280 | 2400 | 2440—2475 | Bel 2250 | Max Profits: Unlimited | Low risk-High gain strategy for this wk. | |
| SBI PE 2300 (25.25) | Buy when you buy Fut. | Hedging Positions | Max Loss: Rs. 3750 | ||||
| Derivative- Option | |||||||
| Must Buy At 8—4 | Options Trading strategy with High Risk & High Gain this wk | Max Profits: Unlimited | Trade in bulk & hold for 4-5 days. | ||||
| RIL PE 900 (2.60) | Sell 2 Lot with CE 920 | Max Loss: Rs. 3000 | |||||
Weekly News Letter (Dated 23rd – 27th May 2011) Performance Report: Maximum Profit / Loss: Rs. 22250.00
| SCRIPT | REC PRICE | TGT | PROFIT / LOSS | UNIT | NET PROFIT/ LOSS (Rs.) |
| RENUKA | Must Buy At 57.5 | 58.5 | 1.0 | 4000 | Profit Rs. 4000.00 |
| BAJAJ-AUTO | Buy C/Fut. At 1300 | 1310 | 10 | 250 | Profit Rs. 2500.00 |
| RELINFRA (Fut./Opt) | Must Buy At 557 / 12 | 550 / 29 | -7 + 17 = 10 | 250 | Profit Rs. 2500.00 |
| SBIN (Fut./Opt) | Buy At 2280 / 30.0 | 2250 / 125.0 | - 30 + 95 = 60 | 125 | Profit Rs. 7500.00 |
| RIL (Option Strategy) | Buy-Sell At 4.0 / 8.0 | 12.0 / 0.50 | 8.0 + (2*7.50) = 23.0 | 250 | Profit Rs. 5750.00 (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
posted by NSE_BSE at Friday, May 27, 2011
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