Weekly News Letter (Dated 10 -- 14 June 2013). 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: 10 — 14 June 2013

 

Support & Resistances

NIFTY:

Last Close: 5881.00 (Down 104.95)

Resistance Levels: 6200, 6300, 6400, 6500, 6600

Support Levels: 5850, 5800, 5700, 5630, 5500

SENSEX:

Last Close:  19429.23 (Down 331.07)

Resistance Levels: 20350, 20700, 21000, 21350, 21700

Support Levels: 19350, 19000, 18650, 18150, 17650

Sensex Range This Week: 19300 - 20500 above which it will touch 21000 & Below Target 19000; Good Resistance closing above 20500.

 

Market Commentary:

Nifty may find a bottom near 5850—5800 this week. Traders can start buying in small quantity at dips but keep options as hedge. We expect the Nifty to rebound above 6000 mark soon, where 5800 will act as good support level.

Hot sector this week: Banking & Auto.

 

Last week’s profits & Hot in street

Hot picks for this week:

CIPLA, RANBAXY, WIPRO, TATASTEEL, BANKBARODA, DLF, BPCL, BHEL, IDEA, SUNPHARMA, MARUTI, REC, RELINFRA etc.

Last week’s profits:        BANKINDIA – 1%

                                                HDIL – 2.5%

                                                WIPRO - Fut. Rs. 12500.00

                                                RANBAXY - Fut. Rs. 8500.00

                                                SBIN - (Options) Rs. 6375.00

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot picks for this week
BANKINDIA (290.4)	Must Buy At 287—281	305	312—320+	278	All Banking stocks can show bounce this week.
HDIL (40.60)	Buy C/Fut. At 40—39	42	43—44+	38	Good for bounce in short term, expected Tgt 50+
Derivative- Future (Strategy for this week)
WIPRO (331.90)	Must  Buy At 330—323	345	352—360+	Bel 315	Max Profits: Unlimited	Go long at dips for good upside very soon.
WIPRO PE 330 (8.30)	Buy when you Buy Fut.	Hedging Position
					Max Loss: Rs. 4000
RANBAXY (378.95)	Buy At 375—368	392	400—408+	Bel 362	Max Profits: Unlimited	Low risk, trade with hedge for good gain.
RANBAXY PE370 (10.3)	Buy when you Sell Fut.	Hedging Position
					Max Loss: Rs. 3000
Derivative- Option Strategy
SBIN CE 2000 (80.40)	Must Buy At 70—50	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade in bulk for good profit, keeping SL 1950.
SBIN PE 1900 (19.45)	Sell 2 Lots with CE2000
					Max Loss: Rs. 10000

 

Last week’s performance:

Weekly News Letter (Dated 10 – 14 June 2013) Performance Report: Maximum Profit/Loss: Rs. 25375.00

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET P / L
BANKINDIA	Must Buy At  284	286	2	1000	Profit Rs. 2000.00
HDIL	Buy Fut. At  39	38	1	4000	Loss Rs. 4000.00
WIPRO (Fut./Opt)	Must  Buy 323 / 4.5	342 / 10.5	19  + 6 = 25	500	Profit Rs. 12500.00
RANBAXY (Fut./Opt)	Buy At 370 / 10	387 / 10	17  - 0 = 17	500	Profit Rs. 8500.00
SBIN (Opt strategy)	Buy-Sell 70 / 23	95 / 10	25 + (2 * 13)= 51	125	Profit Rs. 6375.00

 

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.in/ OR http://www.ibnservices.in/ Call: (91) 9899909899