Weekly News Letter (Dated 8 - 12 October 2012). Visit: http://www.ibnservice.com/ OR http://ibnservices.blogspot.in OR http://nse-bse.blogspot.in OR http://mcx-ncdex.blogspot.in

Weekly News Letter

Date: 8 — 12 October 2012

 

Support & Resistances

NIFTY:

Last Close: 5746.90 (Up 43.60)

Resistance Levels:  5750, 5900, 6000, 6150, 6300

Support Levels: 5420, 5330, 5200, 5050, 4910

SENSEX:

Last Close:  18938.46 (Up 175.72)

Resistance Levels:  19000, 19500, 20000, 20500,  21000

Support Levels: 18000, 17700, 17100, 16600, 16300

Sensex Range This Week: 18000 - 19300 above which it will touch 20000 & Below Target 17500; Good Resistance closing above 19100.

 

Market Commentary:

Bulls has become tired & need some rest now. Nifty has a major hurdle closing above 5850 & traders can keep this as stop loss for their short positions. We expect market to slide toward 5450-5300.

Hot sectors for this week: IT & Cement.

 

Last week’s profits & Hot in street

Hot picks for this week:

CAIRN, , ABB, ACC, ADANIPOWER, ALBK, CENTURYTEX, YESBANK, DENABANK, GRASIM, IRB, LT, PANTALOONR, PTC, SBIN, SUNTV etc.

Last week’s profits:        JPASSOCIAT – 7%

                                                HINDALCO – 6.5%

                                                AMBUJACEM - Fut. Rs. 14000.00

                                                IDFC - Fut. Rs. 22000.00

                                                SBIN - (Option) Rs. 10625.00

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot for this week
JPASSOCIAT (88.70)	Must Sell At 89—92	84	82—80	94	Stock is ready to slide toward 75 & below soon.
HINDALCO (125.00)	Sell C/Fut. At Opening	118	115—112	128	Good scrip to sell on any rise for quick fall soon.
Derivative- Future (Strategy for this week)
AMBUJACEM (216.60)	Must  Sell At 216—221	208	206—204	Abv 224	Max Profits: Unlimited	All cement stocks will show good fall soon.
AMBUJA CE 220 (5.40)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs 6000
IDFC (160.15)	Sell At 161—164	153	150—147	Abv 167	Max Profits: Unlimited	All mid-cap financial stocks r looking weak.
IDFC CE 170 (2.95)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 6000
Derivative- Option Strategy
SBIN  PE 2300 (49.95)	Must Buy At Opening	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 3—6 days for good profits.
SBIN  CE 2500 (17.70)	Sell 2Lots with PE 2300
					Max Loss: Rs. 5000

 

Last week’s performance:

Weekly News Letter (Dated 8^th – 12^th October 2012) Performance Report: Maximum Profit / Loss: Rs. 86625.0

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
JPASSOCIATE	Must Sell At  88.5	82.50	6	4000	Profit Rs. 24000.0(Super Call)
HINDALCO	Sell C/Fut. At 124	116	8	2000	Profit Rs. 16000.0(Super Call)
AMBUJA (Fut./Opt)	Must  Sell 216 / 3	209 / 3	7 – 0 = 7	2000	Profit Rs. 14000.0(Super Call)
IDFC (Fut./Opt)	Sell At 162 / 2	150 / 1	12 - 1 = 11	2000	Profit Rs. 22000.0(Super Call)
SBIN (Opt Strategy)	Buy-Sell At 55 / 20	110 / 5	55+ (15 * 2) = 85	125	Profit Rs. 10625.0(Super Call)

 

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