Weekly News Letter (Dated 24--28 December 2012) Visit: http://www.ibnservices.in/ OR http://ibnservices.blogspot.in OR http://nse-bse.blogspot.in OR http://mcx-ncdex.blogspot.in

Weekly News Letter

Date: 24—28 December 2012

 

Support & Resistances

NIFTY:

Last Close: 5847.70 (Down 59.70)

Resistance Levels:  6000, 6130, 6200, 6350, 6500

Support Levels: 5700, 5600, 5420, 5330, 5200, 5050

SENSEX:

Last Close:  19242.00 (Down 182.20)

Resistance Levels:  19800, 20300, 20500,  21000, 21500

Support Levels: 18650, 18300, 18000, 17700, 17100, 16600

Sensex Range This Week: 18800 - 19800 above which it will touch 20300 & Below Target 18300; Good Support closing below 18000.

 

Market Commentary:

The week market can show weakness & profit booking. Nifty will find support at 5800 below which 5730—5730 will be crucial. News based panic can not be ruled out from higher levels. We can see both side swings due to F&O rollover & expiry this week. Enjoy trading in option this week with low risk & high gain.

Hot sectors for this week: IT& Banking.

 

Last week’s profits & Hot in street

Hot picks for this week:

ITC, HINDUNILV, BALRAMCHI,  YESBANK, HINDALCO, SRTRANSFIN, UNIONBANK, SUNPHARMA, LICHSGFIN, ALBK, ADANIPOWER etc.

Last week’s profits:        NTPC – 3%

                                                SIEMENS – 2%

                                                BANKINDIA - Fut. Rs. 0.00

                                                TATAMOTORS - Fut. Rs. 0.00

                                                ICICIBANK - (Option) Rs. 1750.00

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot picks for this week
NTPC (153.15)	Must Buy 152—149	159	162—165+	147	News based buying can be seen, buy at dips only.
SIEMENS (659.55)	Buy C/Fut. 656—645	685	698—710+	635	Buy at any dip for good bounce in short term.
Derivative- Future (Strategy for this week)
BANKINDIA (332.10)	Must  Sell 335—342	320	313—306	Abv 345	Max Profits: Unlimited	Profit booking can be seen, sell at any rise.
BANKIND CE 340 (3.1)	Buy when you Sell Fut.	Hedging Position
					Max Loss: Rs 3000
TATAMOTORS (300.35)	Sell At 303—309	288	282—276	Abv 312	Max Profits: Unlimited	Trade with hedge for good profit this week.
TATAMOT CE300  (4.2)	Buy when you Sell Fut.	Hedging Position
					Max Loss: Rs. 3000
Derivative- Option Strategy
ICICIBK PE 1100 (5.00)	Must Buy At 4—2	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 3—4 days for good profits.
ICICIBK CE 1150 (4.80)	Sell 2Lots with PE 1100
					Max Loss: Rs. 3500

 

Last week’s performance:

Weekly News Letter (Dated 24^th – 28^th Dec 2012) Performance Report: Maximum Profit/Loss: Rs. 18750.00

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
NTPC	Must Buy At  153	157.95	5	2000	Profit Rs. 10000.0(Super Call)
SIEMENS	Buy C/Fut. At 660	674	14	500	Profit Rs. 7000.00
BANKIND (Fut./Opt)	Must  Sell 342 / 2	342 / 2	0 + 0 = 0	1000	Profit Rs. 0.00
TATAMOT (Fut./Opt)	Sell At 309 / 3	309 / 3	0 + 0 = 0	1000	Profit Rs. 0.00
ICICI(Option strategy)	Buy-Sell At 2.5 / 5	0.50 / 0.50	- 2 + ( 4.5* 2) = 7	250	Profit Rs. 1750.00

 

Important Links

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

Subscription Details: http://www.ibnservices.in or http://ibnservices.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.ibnservices.in/ Call: (91) 9899909899