Weekly News Letter (Dated 22 -- 26 July 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: 22 — 26 July 2013

 

Support & Resistances

NIFTY:

Last Close: 6029.20 (Up 20.20)

Resistance Levels: 6080, 6180, 6250, 6400, 6500

Support Levels: 5850, 5700, 5630, 5500, 5350

SENSEX:

Last Close:  20149.85 (Up 191.38)

Resistance Levels: 20300, 20650, 20900, 21250, 21600

Support Levels: 19450, 19000, 18650, 18150, 17650

Sensex Range This Week: 19500 - 20500 above which it will touch 21000 & Below Target 19000; Good support closing below 19500.

 

Market Commentary:

Nifty will find major hurdle at 6200 in coming days and a downside is open for 5400 & below. We advice to go short at any rise to 6120—6150 for good fall in coming days. We smell something bad in coming days which can cause a bloodbath in global market followed by our market.

Hot sector for this week: Banking & IT.

 

Last week’s profits & Hot in street

Hot picks for this week:

BANKBARODA, FEDBANK, PFC, ASHOKLEY, HAVELLS, IGL, ZEEL, SUNPHARMA, HINDUNILVR, ITC, ASIANPAINT, HEXAWARE, TCS etc.

Last week’s profits:        BANKINDIA – -2.5%

                                                TATASTEEL – 2%

                                                TCS - Fut. Rs. 16250.00

                                                RELIANCE - Fut. Rs. 7500.00

                                                SBIN - (Options) Rs. 1750.00

Results for this week:

ASIANPAINTS, L&T, CENTRYTEX, DABUR, CAIRN, MRF, BIOCON, BATAINDIA,  CESC, COLPAL, IDFC etc.

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot picks for this week
BANKINDIA (211.45)	Must Buy 210—205	221	227—232+	200	Low risk pick for short term good upside tgt 240
TATASTEEL (241.05)	Buy C/Fut. At 240—235	252	257—262+	230	Highly oversold on chart, accumulate at any dip
Derivative- Future (Strategy for this week)
TCS (1734.35)	Must Sell At 1750-1785	1670	1640—1610	Bel 1800	Max Profits: Unlimited	All IT stocks are ready to show profit booking.
TCS CE 1760 (01.85)	Buy when you Sell Fut.	Hedging Position
					Max Loss: Rs. 3750
RELIANCE (925.20)	Sell At 950—970	900	885—870	Abv 985	Max Profits: Unlimited	A gap up opening will be selling opportunity.
RELIANCE CE940 (12)	Buy when you Sell Fut.	Hedging Position
					Max Loss: Rs. 3750
Derivative- Option Strategy
SBIN CE 1800 (39.40)	Must Buy At 30—15	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade in bulk for very good profits till expiry.
SBIN PE 1750 (8.50)	Sell 2 Lot with CE 1800
					Max Loss: Rs. 7000

 

Last week’s performance:

Weekly News Letter (Dated 22 – 26 July 2013) Performance Report: Maximum Profit/Loss: Rs. 15500.00

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET P / L
BANKINDIA	Must Buy At  205	200	-5	1000	Loss Rs. 5000.00
TATASTEEL	Buy C/Fut. At 235	230	-5	1000	Loss Rs. 5000.00
TCS (Fut./Opt)	Must  Sell 1785/ 8	1740 / 28	45  + 20 = 65	250	Profit Rs. 16250.0(Super Call)
RELIANCE (Fut./Opt)	Sell At 930 / 2	900/ 2	30 + 0 = 30	250	Profit Rs. 7500.00
SBIN (Opt strategy)	Buy-Sell 35 / 9	35 / 2	0 + ( 2 * 7  )= 14	125	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://mcxncx.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