Weekly News Letter Dated 30th August 2013-Gain from us. 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: 26 — 30 August 2013

 

Support & Resistances

NIFTY:

Last Close: 5471.75 (Down 36.10)

Resistance Levels: 5600, 5750, 5900, 6080, 6180

Support Levels: 5200, 5050, 4900, 4800, 4650

SENSEX:

Last Close:  18519.44 (Down 78.74)

Resistance Levels: 18800, 19300, 19800, 20300, 20650

Support Levels: 17650, 17100, 16650, 16300, 15800

Sensex Range This Week: 18000 - 19000 above which it will touch 19500 & Below Target 17300; Good support closing below 18000.

 

Market Commentary:

Any rise will be a selling opportunity this week. We can see Nifty rising toward 5550 & above which will be a good opportunity to sell keeping stop loss at 5800 closing basis. We expect market to bottom around 5150—5050 or even lower in coming days.

Hot sector for this week: Banking & IT.

 

Last week’s profits & Hot in street

Hot picks for this week:

BANKINDIA, ALBK, ASHOKLEY, ICICIBANK, IFCI, PTC, HINDPETRO, IVRCLINFRA, HCLTECH, TCS, WIPRO, TATASTEEL, TATAMOTOR etc.

Last week’s profits:        IDBI – -3%

                                                HINDPETRO – -2%

                                                BANKBARODA - Fut. Rs. -2500.00

                                                TCS - Fut. Rs. 20000.00

                                                LT - (Options) Rs. 16125.00

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot picks for this week
IDBI (58.00)	Must Buy 57—55.50	60	61.50—63+	54.50	Good pick for short to medium term traders.
HINDPETRO (185.45)	Buy C/Fut. At 182—177	192	196—200+	174	News based sharp movements can be seen soon.
Derivative- Future (Strategy for this week)
BANKBARODA (470.7)	Must Buy At 465—455	492	502—514+	Bel 450	Max Profits: Unlimited	Mid-cap banking stock can show good bounce.
BANKBAR PE 460 (9.2)	Buy when you Buy Fut.	Hedging Position
					Max Loss: Rs. 2500
TCS (1813.15)	Sell At 1825—1860	1750	1715—1680	Abv 1880	Max Profits: Unlimited	Not much upside left in all IT stock, sell & hold
TCS CE 1820 (22.55)	Buy when you Sell Fut.	Hedging Position
					Max Loss: Rs. 5000
Derivative- Option Strategy
LT CE 740 (14.60)	Must Buy At 12—6	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade in bulk for very good profits in this wk.
LT PE 700 (4.50)	Sell 2 Lot with CE 740
					Max Loss: Rs. 5000

 

Last week’s performance:

Weekly News Letter (Dated 26 – 30 August 2013) Performance Report: Maximum Profit/Loss: Rs. 24625.00

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET Profit / Loss
IDBI	Must Buy At  56	54.50	- 1.50	4000	Loss Rs. 6000.00
HINDPETRO	Buy C/Fut. At 177	174	- 3	1000	Loss Rs. 3000.00
BANKBARO (Fut./Opt)	Must  Buy 455 / 7	450 / 7	- 5  + 0 = - 5	500	Loss Rs. 2500.00
TCS (Fut./Opt)	Sell At 1860 / 30	1880 / 130	- 20 + 100 = 80	250	Profit Rs. 20000.0(Super Call)
LT (Opt strategy)	Buy-Sell 10 / 26	3 / 1	-7 + (2 * 25)= 43	375	Profit Rs. 16125.0(Super Call)

 

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