Weekly News Letter (Dated 19th - 23rd Dec 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 19^th – 23^rd Dec 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: 4651.60 (215.10) Resis – 4800, 4950, 5050, 5125, 5200 Supports – 4620, 4500, 4350, 4200, 4000

SENSEX: Weekly Close: 15491.35 (722.11) Resis – 16000, 16500, 16850, 17100 Supports – 15400, 15000, 14500, 14000

Sensex Range This Week: 15000 - 16300 above which it will touch 16850 & Below Tgt 14000; Resis at 16300 closing.

Market will bottom out in next 2-3 days where one can buy in bulk for bounce back in coming days. We will see short covering with roll over this week. Hot sector for this Week: Oil-Gas.

LAST WEEK PROFITS: RELCAPITAL 7%; WIPRO 4.5%; BANKNIFTY - Fut. Rs. 11250; GAIL - Fut. Rs. 16000; TCS - (Opt) Rs. 3500

READER’S PICK THIS WEEK: HINDOILEXP, GAIL, INDIAINFO, NEYVELI, ITC, RCOM, PIRHEALTH, TCS, YESBANK, BPCL etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1		TGT2-3	SL	REMARKS
Hot - Cash/ Future Stocks for This Week
RELCAPITAL (247.05)	Must Buy At 244—238	258	265—270		230	Adag group stocks are oversold, buy at dips.
WIPRO (402.85)	Sell C/Fut. 404—414	385	375—365		420	All IT stocks can show profit booking this wk.
Derivative- Future (Strategy for the week)
BANKNIFTY (8103.00)	Must Buy 8100—7900	8500	8750-9000		Bel 7700	Max Profits: Unlimited	We can see short covering & bounce.
BNIFTY PE 8000 (180)	Buy when you buy Fut.	Hedging Position				Max Loss: Rs. 5000
GAIL (368.10)	Buy At 368—360	385	392—399		Bel 354	Max Profits: Unlimited	Oversold on daily chart, keep an eye.
GAIL PE 360 (4.45)	Buy when you buy Fut.	Hedging Positions				Max Loss: Rs. 3000
Derivative- Option
TCS PE 1150 (26.30)	Must Buy At 25—19	Options Trading strategy with High Risk & High Gain this wk				Max Profits: Unlimited	Trade & hold for 5-7 day for good gain.
TCS CE 1200 (9.05)	Sell 2 Lot with CE 1150					Max Loss: Rs. 5000

 

Weekly News Letter (Dated 19^th – 23^rd Dec 2011) Performance Report: Maximum Profit / Loss: Rs. 48250.00

SCRIPT	REC PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
RELCAPITAL	Must Buy At 238	255	17	500	Profit Rs. 8500.00
WIPRO	Sell C/Fut. At 412	394	18	500	Profit Rs. 9000.00
BANKNIFTY (Fut./Opt)	Must Buy 7850 / 200	8450 / 50	600 - 150 = 450	25	Profit Rs. 11250.00
GAIL (Fut./Opt)	Buy At 365 / 0.0	397 / 0.0	32	500	Profit Rs. 16000.0 (Super Call)
TCS (Opt Strategy)	Buy-Sell 25 / 11	25 / 4	0 + (2 * 7) = 14	250	Profit Rs. 3500.00

 

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