Weekly News Letter (Dated 20 - 24 August 2012). Visit: http://www.ibnservice.com/ OR http://nse-bse.blogspot.in/ OR http://mcx-ncdex.blogspot.in/

Weekly News Letter

Date: 20 — 24 August 2012

 

Support & Resistances

NIFTY:

Last Close: 5366.30 (Up 45.90)

Resistance Levels: 5400, 5450, 5630, 5750, 5900

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

SENSEX:

Last Close:  17691.08 (Up 133.34)

Resistance Levels: 17800, 18000, 18500, 19000, 19500

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

Sensex Range This Week: 17300 - 18000 above which it will touch 18500 & Below Target 16300; Good Support closing below 17100.

 

Market Commentary:

Market will show movements in narrow range & a possible downside in coming days. Traders should sell on rise to 5400—5450 keeping stop loss 5650 for good downside in coming days. One should keep hedging to avoid major losses.

Hot sectors this week: Banking & Metals.

 

Last week’s profits & Hot in street

Hot picks for this week:

IVRCLINFRA, IFCI, VIDEOIND, BHEL, SKUMARSYNF, BANKINDIA, CENTURYTEX, NTPC, PETRONET, ZEEL, FINANTECH, HCLTECH etc.

Last week’s profits:        BANKINDIA – 3.50%

                                                JSWSTEELL – 3.50%

                                                OFSS - Fut. Rs. 12500.00

                                                HINDUNILVR - Fut. Rs. 15000.00

                                                BHARTI - (Option) Rs. 9500.00

 

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot for this week
BANKINDIA (276.75)	Must Buy At 275—269	287	294—300+	264	All banking stocks can show upside this week.
JSWSTEEL (721.45)	Sell Fut. At 725—740	690	675—660	750	Selling pressure can be seen, sell on every rise.
Derivative- Future (Strategy for this week)
OFSS (2938.00)	Must  Sell 2950—3010	2800	2750—2700	Abv 3050	Max Profits: Unlimited	Stock has given sign of sell on daily chart.
OFSS CE 3000 (30.00)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs 5000
HINDUNILVR (504.05)	Sell At 507—517	484	475—465	Abv 522	Max Profits: Unlimited	Profit booking can be seen, must sell & hold.
HUL CE 500  (8.95)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 5000
Derivative- Option Strategy
BHARTI CE 260 (7.10)	Must Buy At 6—4	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 4—7 days for good profits.
BHARTI  PE 260 (4.40)	Buy 1 Lot with CE 260
					Max Loss: Rs. 6000

 

Last week’s performance:

Weekly News Letter (Dated 20^th – 24^th Aug 2012) Performance Report: Maximum Profit / Loss: Rs. 59500.00

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
BANKINDIA	Must Buy At  275	284	9	1000	Profit Rs. 9000.00
JSWSTEEL	Sell C/Fut. At 735	708	27	500	Profit Rs. 13500.00
OFSS (Fut./Opt)	Must Sell 2950 / 0	2850 / 0	100	125	Profit Rs. 12500.0(Super Call)
HINDUNIL (Fut./Opt)	Sell At 513 / 7	518 / 27	- 5 + 20 = 15	1000	Profit Rs. 15000.0(Super Call)
BHARTI (Op Strategy)	Buy-Sell At 4 / 4	1.50 / 16	– 2.50 + 12 = 9.50	1000	Profit Rs. 9500.00

 

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