Weekly News Letter (Dated 21 -- 25 April 2014) 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: 21 — 25 April 2014

 

Phone: (91) 9899909899; 9968443444; 9311353399

E-Mail: info@ibnservices.in or ibnservices@gmail.com

Yahoo / GTalk Messenger: ibnservicesdelhi or ibncommodity

Web: http://www.ibnservices.in ; http://ibnservices.blogspot.in

Perf: http://nse-bse.blogspot.in; http://mcxncx.blogspot.in

 

Support & Resistances

NIFTY:

Last Close: 6779.40 (Up 3.10)

Resistance Levels: 6800, 6900, 7000, 7300, 7500

Support Levels: 6580, 6400, 6250, 6150, 6030

SENSEX:

Last Close:  22628.84 (Down 0.12)

Resistance Levels: 22850, 23100, 23500, 25000, 26000

Support Levels: 22000, 21500, 21000, 20700, 20300

Sensex Range This Week: 22000 - 23000 above which it will touch 23500 & Below Target 21500; Good Support closing below 22000.

 

Market Commentary:

The week will be highly volatile due to F&O expiry and ongoing Lok-Sabha elections. Traders can remain cautiously long keeping Nifty stop loss at 6600 for upside toward 6900—7000 in coming days. We are advancing toward top now.

Hot sectors for this week: Tele & Auto.

 

Last week’s profits & Hot in street

Hot picks for this week:

TATAGLOBAL, JINDALSTEL, JUSTDIAL, TECHM, TATAMTRDVR, LICHSGFIN, BIOCON, PETRONET, CROMPGREAV etc.

Last week’s profits:        RCOM – 3%

                                                TATAMTRDVR Fut. – Rs. 22000.00

                                                DLF - Fut. Rs. 0.00

                                                RELINFRA - Fut. Rs. 20000.00

                                                IDEA - (Options) Rs. 0.00

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot picks for this week
RCOM (131.30)	Must Buy At 130—127	137	140—143+	125	One can go long for short term upside to 145+
TATAMTRDVR (236.8)	Sell Fut. At 238—244	225	220—215	247	Sell with hedge of nearest call option for gain.
Derivative- Future (Strategy for this week)
DLF (160.35)	Must Buy At 160—156	168	172—176+	Bel 154	Max Profits: Unlimited	Huge short covering can be seen, Tgt 175+
DLF PE 160 (3.60)	Buy when you Buy Fut.	Hedging Position
					Max Loss: Rs. 4000
RELINFRA (523.35)	Sell Around 525—536	500	490—480	Abv 541	Max Profits: Unlimited	Low risk trading strategy for this week.
RELINF CE 530 (5.50)	Buy when you Sell Fut.	Hedging Position
					Max Loss: Rs. 5000
Derivative- Option Strategy
IDEA CE 140 (2.80)	Must Buy At 2.5—1.5	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Good strategy for this week, Keep spot SL 135
IDEA PE 135 (0.80)	Buy 1 Lot with CE 140				Max Loss: Rs. 5000

 

Last week’s performance:

Weekly News Letter (Dated 21 – 25 April 2014) Performance Report: Maximum Profit/Loss: Rs. 50000.00

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET Profit / Loss
RCOM	Must Buy At  131	135	4	2000	Profit Rs. 8000.00
TATAMTRDVR Fut.	Sell Fut. At 243	232	11	2000	Profit Rs. 22000.0(Super Call)
DLF (Fut./Opt)	Must  Buy 158 / 2	158 / 1	0 – 1 = 5	2000	Profit Rs. 0.00
RELINFRA (Fut./Opt)	Sell At 542 / 10	522 / 30	20 – 10 = 0	1000	Profit Rs. 20000.0(Super Call)
IDEA (Option)	Buy-Sell 0 / 0	0 / 0	0 + (2 * 0)= 0	2000	Profit Rs. 0.00

 

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. This document is not written by any registered advisor. 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