Weekly News Letter (Dated 2 - 6 July 2012). Visit: http://www.ibnservice.com/ OR http://nse-bse.blogspot.com/ OR http://mcx-ncdex.blogspot.com/

Weekly News Letter

Date: 2 — 6 July 2012

Phone: (91) 9899909899; 9968443444; 9311353399

E-Mail: info@ibnservice.com or ibnservices@gmail.com

Yahoo / GTalk Messenger: ibnservicesdelhi or ibncommodity

Web: http://www.ibnservice.com; http://ibnservices.blogspot.com

Perf: http://nse-bse.blogspot.com; http://mcx-ncdex.blogspot.com

 

Support & Resistances

NIFTY:

Last Close: 5278.90 (Up 132.85)

Resistance Levels: 5330, 5450, 5630, 5750, 5900

Support Levels: 5050, 4910, 4800, 4650, 4550

SENSEX:

Last Close:  17429.98 (Up 457.47)

Resistance Levels: 17700, 18000, 18500, 19000, 19500

Support Levels: 16300, 15800, 15300, 15000 , 14500

Sensex Range This Week: 16800 - 17500 above which it will touch 18000 & Below Target 15300; Good Support closing below 16300.

 

Market Commentary:

Finally a breakout was seen on chart, further Nifty can rise toward 5450—5500. We still advice to trade cautiously as any panic will be sharp. Nifty has next resis at 5450 & support at 5200. Traders are advised to keep hedge will long position, else they can get trapped anytime. Hot sectors this week: Infra & Bank.

 

Last week’s profits & Hot in street

Hot picks for this week: ALOKTEXT, PANTALOONR, LICHSG, EKC, BAJAJHIND, PANTALOON, RELINFRA, SBI, ONGC, BPCL, BANKBARODA   etc.

Last week’s profits:        CAIRN - 2%

                                                EKC - 6%

                                                IRB - Fut. Rs. 20000.00

                                                BANKNIFTY - Fut. Rs. 0.00

                                                NIFTY - (Option) Rs. 0.00

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot for this week
CAIRN (307.50)	Must Buy At 305—295	320	327—335+	290	One can buy at dips for bounce back very soon.
EKC (30.80)	Buy At 30.50—29	32	33—34+	28	Highly oversold on charts, go long in bulk qty.
Derivative- Future (Strategy for this week)
IRB (127.55)	Must  Buy At 126—123	133	137—140+	Bel 121	Max Profits: Unlimited	Low risk scrip for short to medium term.
IRB PE 120 (3.60)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
BANKNIFTY (10328.00)	Sell At 10350—10500	9900	9750—9600	Abv 1065	Max Profits: Unlimited	Profit booking can be seen this week, keep SL
BNIFTY CE 10500 (178)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 2500
Derivative- Option Strategy
NIFTY PE 5300 (105.10)	Must Buy At 100—80	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 3--5 days for good profits.
NIFTY  CE 5500 (25.65)	Sell 2 Lots with CE5300
					Max Loss: Rs. 2500

 

Last week’s performance:

Weekly News Letter (Dated 2^nd – 6^th July 2012) Performance Report: Maximum Profit / Loss: Rs. 34000.00

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
CAIRN	Must Buy At  310	316	6	1000	Profit Rs. 6000.00
EKC	Buy C/Fut. At 31	33	2	4000	Profit Rs. 8000.00(Super Call)
IRB (Fut./Opt)	Must Buy 127.75 / 2	138/1.75	10.25 – 0.25 = 10	2000	Profit Rs. 20000.0(Super Call)
BANKNIF (Fut./Opt)	Sell At 10500 / 200	10600/300	-100 + 100 = 0	25	Profit Rs. 0.00
NIFTY (Opt Strategy)	Buy-Sell At 85 / 25	80 / 20	– 5 + 5 = 0	50	Profit Rs. 0.00

 

Important Links

Phone Nos.: 91- 9899-90-9899 OR 9968-443-444 OR 9311-35-3399

Subscription Details: http://ibnservices.blogspot.com or http://ibninfo.blogspot.com

Subscription charges for our calls in equity market: http://ibnequity.blogspot.com/

Subscription charges for our calls in commodity market: http://ibncommodity.blogspot.com/

Performance of our calls in equity market: http://nse-bse.blogspot.com/

Performance of our calls in commodity market: http://mcx-ncdex.blogspot.com/

E-Mail id.: ibnservices@gmail.com or indiastock@gmail.com or info@ibnservices.com

Messenger id: Yahoo OR GTalk: ibnservicesdelhi OR ibncommodity

FAQ: http://ibnfaq.blogspot.com/

Twitter: http://twitter.com/ibnservices

Face book: http://www.facebook.com/profile.php?ref=profile&id=100000585243122

Orkut: http://www.orkut.co.in/Main#Profile?uid=10180667328369587673

Yahoo Group (Equity): http://finance.groups.yahoo.com/group/NSE_BSE/

Yahoo Group (Commodity): http://finance.groups.yahoo.com/group/ibncommodity/

Leave your valuable feedback here: http://ibnfeed.blogspot.com/

How to trade with our calls: http://ibnguide.blogspot.com/

Pay Per Call: http://percall.blogspot.com/

 

Disclaimer

Kindly read carefully before trading with us :

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/ IBN Services 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/ IBN Services especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letters or websites or through any medium (like: messenger/ sms/ group websites etc). You are responsible for your own investment/ trading decisions. India Stock/ IBN Services 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/ IBN Services 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.  All disputes subject to Delhi jurisdiction only. No part of any material may be duplicated in any form and/or distributed without IBN Services prior written consent. By: IBN Services Write to: ibnservices@gmail.caom Visit: http://ibnservices.blogspot.com/ OR http://www.ibnservice.com/ Call: (91) 9899909899