Weekly News Letter (Dated 13 - 17 August 2012). Visit: http://www.ibnservice.com/ OR http://nse-bse.blogspot.in/ OR http://mcx-ncdex.blogspot.in/

Weekly News Letter

Date: 13 — 17 August 2012

 

 

Support & Resistances

NIFTY:

Last Close: 5320.40 (Up 104.70)

Resistance Levels: 5350, 5450, 5630, 5750, 5900

Support Levels: 5200, 5050, 4910, 4800, 4650

SENSEX:

Last Close:  17557.74 (Up 359.81)

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

Support Levels: 17100, 16600, 16300, 15800, 15300

Sensex Range This Week: 17100 - 18000 above which it will touch 18500 & Below Target 16300; Good Support closing below 17100.

 

Market Commentary:

The week will show high volatility & Nifty range between 5200—5400. Nifty will find hurdle at 5450 & support at 5150 in coming days and any side cross with volume will show sharp movements. We advice to remain seller on rise for time being but keep strict stop loss or hedge.

Hot sectors this week: Telecom & Cement.

 

Last week’s profits & Hot in street

Hot picks for this week:

IDBI, BANKBARODA, BPCL, HINDPETRO, JINDALSAW, WELCORP, SKUMARS, TTKPRESTIG, GRASIM, AMBUJACEM, FINANTECH etc.

Last week’s profits:        RCOM – 6%

                                                BHARTIARTL – -1.50%

                                                TTKPRESTIG - Fut. Rs. 7500.00

                                                MCDOWELL-N - Fut. Rs. 30000.00

                                                SBIN - (Option) Rs. -2500.00

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot for this week
IOC (250.20)	Must Buy At 250—245	262	267—272+	240	Oil marketing stock can show news based upside
HCLTECH (536.70)	Sell Fut. At 538—550	515	505—495	558	One should sell on rise 4 good downside this wk
Derivative- Future (Strategy for this week)
BANKINDIA (273.10)	Must  Buy At 272—265	285	291—297+	Bel 260	Max Profits: Unlimited	Stock is highly oversold on daily chart, go long.
BANKIND PE 260 (2.70)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 5000
AMBUJACEM (195.40)	Sell At 196—201	830	815—800	Abv 204	Max Profits: Unlimited	All cement stocks can show good downside.
AMBUJA CE200  (2.80)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 6000
Derivative- Option Strategy
BHARTI CE 260 (56.75)	Must Buy At 55—40	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 4—7 days for good profits.
BHARTI  PE 240 (30.20)	Sell 2 Lots with CE2050
					Max Loss: Rs. 7500

 

Last week’s performance:

Weekly News Letter (Dated 6^th – 10^th Aug 2012) Performance Report: Maximum Profit / Loss: Rs. 45000.00

 

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
RCOM	Must Buy At  55.50	59	3.50	4000	Profit Rs. 14000.0(Super Call)
BHARTIARTL	Buy C/Fut. At 288	284	-4	1000	Loss Rs. 4000.00
TTKPREST (Fut./Opt)	Must Sell At 3740	3680	60	125	Profit Rs. 7500.00
MCDOWEL (Fut./Opt)	Sell At 885 / 40	805 / 20	80 – 20 = 60	500	Profit Rs. 30000.0(Super Call)
SBIN (Op Strategy)	Buy-Sell At 60 / 28	40 / 28	– 20 + 0 = -20	125	Loss Rs. 2500.00

 

Important Links

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

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

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

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

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

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

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.in

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.in

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

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

 

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