Weekly News Letter (Dated 29 October - 2 November 2012). Visit: www.ibnservice.com OR http://nse-bse.blogspot.in OR http://mcx-ncdex.blogspot.in

Weekly News Letter

Date: 29 Oct — 2 Nov 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.in

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

 

Support & Resistances

NIFTY:

Last Close: 5664.30 (Down 19.95)

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

Support Levels: 5600, 5420, 5330, 5200, 5050

SENSEX:

Last Close:  18625.34 (Down 56.97)

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

Support Levels: 18300, 18000, 17700, 17100, 16600

Sensex Range This Week: 18500 - 19300 above which it will touch 20000 & Below Target 17500; Good Resistance closing above 19100.

 

Market Commentary:

Nifty may find a support at around 5550 & bounce back toward 5800+ in next 1—2 weeks. But we remain cautious at rise due to uncertainty in global cues. Further RBI meeting will give direction to the market & we expect some good news from them.

Hot sectors this week: Bank & Fmcg.

 

Last week’s profits & Hot in street

Hot picks for this week:

UNIPHOS, BPCL, DLF, BATAINDIA, SBIN, UNIPHOS, GAIL, LICHSG,  RPOWER, GODREJIND, KTKBANK, ITC, SYNDIBANK etc.

Last week’s profits:        HEXAWARE – 4%

                                                AXISBANK – 6%

                                                LICHSGFIN - Fut. Rs. 7000.00

                                                GODREJIND - Fut. Rs. 8400.00

                                                WIPRO - (Option) Rs. 11500.00

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot picks for this week
HEXAWARE (113.30)	Must Buy At 112—109	117.50	120—123+	107	Mid cap IT stocks can show good bounce this wk
AXISBANK (1231.25)	Sell C/Fut. 1240—1270	1180	1160—1140	1290	Stock is looking a bit overbought on daily chart.
Derivative- Future (Strategy for this week)
LICHSGFIN (253.90)	Must  Buy At 253—247	265	270—275+	Abv 243	Max Profits: Unlimited	Some good news can be heard very soon, watch
LICHSG PE 240 (4.05)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
GODREJIND (304.60)	Sell At 305—312	290	285—280	Abv 315	Max Profits: Unlimited	Profit booking can be seen for next 4—7 days
GODREJ CE 310 (6.35)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 3000
Derivative- Option Strategy
WIPRO CE 340 (9.65)	Must Buy At 9—5	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 4—7 days for good profits.
WIPRO PE 320 (3.50)	Sell 2Lots with CE 340
					Max Loss: Rs. 5000

 

Last week’s performance:

Weekly News Letter (Dated 29^th Oct – 2^nd Nov 2012) Performance Report: Maximum Profit/Loss: Rs. 54150.00

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
HEXAWARE	Must Buy At  109	113.50	4.50	2000	Profit Rs. 9000.00
AXISBANK	Sell C/Fut. At 1239	1166	73	250	Profit Rs. 18250.0(Super Call)
LICHSGF (Fut./Opt)	Must  Buy 247 / 4	254 / 4	7	1000	Profit Rs. 7000.00
GODREJIN(Fut./Opt)	Sell At 309 / 7.60	299 / 6.0	10 – 1.60 = 8.40	1000	Profit Rs. 8400.00
WIPRO (Opt strategy)	Buy-Sell At 11 / 3.5	29 / 1	18 + (2.5 * 2) = 23	500	Profit Rs. 11500.0(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