Weekly News Letter
Date: 12—16 December 2016
Prepared By: Manish
Kumar Sarraf (Prop. IBN Services)
Designation: Research
Analyst, SEBI Reg No. INH100001948
Address: K-7, 2nd
Floor, Bal Udhayan Rd, Uttam Nagar, New Delhi-59
Phone: (91)
011-28565999; 9899909899; 9968443444; 9311353399
Yahoo / GTalk
Messenger: ibnservicesdelhi or ibncommodity
NIFTY:
Last Close: 8261.75 (Up 174.95)
Resistance Levels: 8350,
8500, 8750, 9000, 9250
Support Levels: 8000, 7800, 7500,
7200, 7000
SENSEX:
Last Close: 26747.18 (Up
516.52)
Resistance Levels: 27000,
27500, 28300, 29100, 30000
Support Levels: 26000, 25300,
24000, 23000, 22300
Sensex Range This Week:
26000—27000 above which it will touch 28000 & Below Target 25000; Good
Support Closing Below 26000.
Market Commentary:
Any rise in Nifty toward
8300—8350 this week will be an opportunity to sell keeping stop loss at 8400
closing basis. The short term trend remain weak and we expect the Nifty to
touch 7800 and 7500.
We can see sharp movements this
week ahead of U.S. holiday season. Hot sector this week: Pharma & Oil-Gas.
Hot picks for
this week:
CIPLA, IDBI,
SYNDIBANK, BHEL, JPASSOCIATE, GMRINFRA, ITC, RELIANCE, TATASTEEL, REKLINFRA, YESBANK, ONGC, BHARTI etc.
Last week’s
profits: AXISBANK – Rs. 42000.00
ONGC Fut. – Rs. 27500.00
SUNPHARMA Fut. - Rs. 6000.00
YESBANK Fut. - Rs. 2800.00
NIFTY (Options) – Rs. 4275.00
Trading picks for this week:
|
SCRIP NAME (CMP)
|
ENTRY LEVEL
|
TGT1
|
TGT2—3
|
SL
|
COMMENTS
|
||
|
Hot picks for this week
|
|||||||
|
AXISBANK (456.40)
|
Must Buy At 450—440
|
475
|
485—495+
|
430
|
One can go long at dip with
hedge of call options
|
||
|
ONGC
(306.70)
|
Sell Fut. At 308—315
|
292
|
286—280
|
322
|
High risk traders can sell with
hedge of options.
|
||
|
Derivative- Future (Strategy
for this week)
|
|||||||
|
SUNPHARMA (675.75)
|
Must Buy At 670—655
|
710
|
725—740+
|
Bel 640
|
Max Profits: Unlimited
|
Traders can take a risk to buy
& hold at dips.
|
|
|
SUNPH Put 670 (17.3)
|
Buy when you Buy Fut.
|
Hedging Position
|
Max Loss: Rs. 9000
|
||||
|
YESBANK (1223.35)
|
Sell Around 1228—1255
|
1170
|
1155—1130
|
Abv 1275
|
Max Profits: Unlimited
|
High Risk High Gain strategy
for this week.
|
|
|
YESBK Call 1240 (23.9)
|
Buy when you Sell Fut.
|
Hedging Position
|
|||||
|
Max Loss: Rs. 14000
|
|||||||
|
Derivative- Option Strategy
|
|||||||
|
NIFTY Put 8200 (72.50)
|
Must Buy Arnd 70—50
|
Options Trading strategy with
High Risk- High Gain.
|
Max Profits: Unlimited
|
Good strategy for this week,
keep spot SL 8400
|
|||
|
NIFTY Call 8500 (19.00)
|
Sell 2Lot with Put 8200
|
Max Loss: Rs. 8000
|
|||||
Last week’s performance:
Weekly News Letter (Dated 12--16 Dec 2016) Performance Report: Maximum Profit/Loss: Rs. 70575.00
|
SCRIPT
|
TRADE PRICE
|
TGT
|
PROFIT / LOSS
|
UNIT
|
NET Profit / Loss
|
|
AXISBANK
|
Buy At 445
|
480
|
35
|
1200
|
Profit Rs. 42000.0(Super Call)
|
|
ONGC Fut.
|
Sell Fut. At 213
|
202
|
11
|
2500
|
Profit Rs. 27500.0
|
|
SUNPHARMA (Fut./Opt)
|
Buy At 670 / 18
|
640 / 38
|
- 30 + 20 = -10
|
600
|
Loss Rs. 6000.00
|
|
YESBANK (Fut./Opt)
|
Sell /Buy- 1219 / 20
|
1180 / 5
|
19 – 15 = 4
|
700
|
Profit Rs. 2800.0
|
|
NIFTY (Option)
|
Sell/Sell- 70 / 9.10
|
115 / 3.10
|
45 + ( 2 * 6 ) = 57
|
75
|
Profit Rs. 4275.00
|
Note: Actual result may vary from one’s
trading habit & sentiment, the above results are calculated based on given
trading ranges and actual prices traded on exchanges. This should not be
interpreted with actual profit & loss of any client.
Important Links
Phone
Nos.: 91- 9899909899 OR 91- 9968443444 OR 91-11-28565999
Messenger
id: Yahoo OR GTalk: ibnservicesdelhi OR ibncommodity
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Any
document /link/ website’s, including this report, which is prepared by Manish
Kumar Sarraf, the research person & proprietor of IBN Services (Research
Analyst, SEBI Reg. No.: INH100001948) is circulated for purely information
purpose only to the authorized recipient and should not be replicated or quoted
or circulated to any person/corporate or legal entities in any form. This
document/ documents/ reports/ opinion should not be interpreted as an
Investment / taxation/ legal advice. While the information contained in the
report has been procured in good faith, from sources considered to be reliable,
all statement/statements/opinion/opinions/view/views in the report may not be
considered to be complete or accurate. Therefore, it should only be relied upon
at the recipients own risk.
However, 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
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IBN Services has no control on transmission of SMS or any form of massage,
which are operator or service provider dependent, any delay in delivery is beyond
our control and I will not be liable for same.
Research/
Equity analysts/ advisors/ strategists of IBN Services are often sought after
for expressing their views on print/electronic/web media. The views expressed
are purely based on their assumption/understanding on fundamental
approach/technical and historic facts on the subject. The views expressed
should not be construed as an offer to buy/sell or hold
equity/commodity/currencies or their derivatives. The views/opinions expressed
is for information purpose only, and may change due to underlying factors,
related or unrelated or other market conditions and may or may not be updated.
Neither
IBN Services (Prop. Manish Kumar Sarraf), or subsidiaries of IBN Services
Group, nor its proprietor / directors, employees, agents, representatives shall
be liable for any damages whether direct or indirect, incidental, special or
consequential including lost revenue or lost profits that may arise from or in
connection with the use of the information/research reports/opinions expressed.
Disclosure:
Clients/associates
of IBN Services may be holding positions in equities or their derivatives on
which the research report is made or opinion is formed or views are expressed
in print or electronic media. We ensure all compliance is adhered to with this
reports/opinion or views.
Analyst’s
dependent relatives’ ownership in the stock – Pls Visit: http://www.ibnservices.in/holdings.php
Analyst
Certification: The matter related to the report has been taken from
sources believed reliable and the views expressed about the subject or issues
in this report accurately reflect the personal views of the analyst/analysts.
IBN Services (Prop. Manish Kumar Sarraf) does not compensate partly or in full,
directly or indirectly, related to specific recommendations or views expressed
by the research analyst / market strategists.
I/
We (Manish Kumar Sarraf, Prop.: IBN Services) are registered under SEBI
(Research Analyst) Regulation 2014, with Reg. No.: INH100001948
Office
Address: IBN
Services, (Prop.: Manish Kumar Sarraf)
K-7,
2nd Floor, Bal Udhayan Road, Uttam Nagar, New Delhi-110059, India.
Tel.:
91 11 28565999, Mob.: 91 9899909899, 9968443444 Email: info@ibnservices.in Website: www.ibnservices.in
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