Weekly News Letter
Date: 23—27 January 2017
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: 8349.35 (Down 51.00)
Resistance Levels: 8500,
8750, 9000, 9300, 9500
Support Levels: 7950, 7800, 7500,
7200, 7000
SENSEX:
Last Close: 27034.50 (Down
203.56)
Resistance Levels: 27500,
28300, 29100, 30000, 30700
Support Levels: 26000, 25300, 24000,
23000, 22300
Sensex Range This Week:
26500—27500 above which it will touch 28000 & Below Target 26000; Good
Support Closing Below 26000.
Market Commentary:
Market will be volatile due to
rollover and F&O expiry this week. Nifty may face hurdle around 8400 and
some profit booking likely ahead of expiry. Most of mid-cap stocks can show
good upside in coming days, with expectations of good news for mid-cap sectors.
Hot sector for this week: Telecom & Bank.
Hot picks for this
week:
JSWSTEEL, IDBI, DLF,
BANKINDIA, IDFC, CROMPGREAV, SYNDIBK, IBREALEST, TATCOMM, VEDL, PNB, L&TFH,
BRITANNIA, DHFL etc.
Last week’s
profits: IDEA – Rs. 49000.00
BAJFINANCE Fut. – Rs. 10000.00
SAIL Fut. - Rs. 72000.00
VEDL Fut. - Rs. 0.00
YESBANK (Options) – Rs. 3500.00
Trading picks for this week:
|
SCRIP NAME (CMP)
|
ENTRY LEVEL
|
TGT1
|
TGT2—3
|
SL
|
COMMENTS
|
||
|
Hot picks for this week
|
|||||||
|
IDEA (71.65)
|
Must Buy At 71—69
|
75
|
77—80+
|
67
|
All telecom stocks can show
huge short covering.
|
||
|
BAJFINANCE
(907.85)
|
Sell Fut. At 910—930
|
870
|
850—830
|
950
|
Profit booking can b seen, hedge
with call option
|
||
|
Derivative- Future (Strategy
for this week)
|
|||||||
|
SAIL (58.25)
|
Must Buy Arnd 58—56
|
61
|
63—65+
|
Bel 55
|
Max Profits: Unlimited
|
One should go long, as budget
has some news.
|
|
|
SAIL Put 57.50 (0.60)
|
Buy when you Buy Fut.
|
Hedging Position
|
Max Loss: Rs. 12000
|
||||
|
VEDL (238.85)
|
Sell Around 240—246
|
227
|
222—217
|
Abv 250
|
Max Profits: Unlimited
|
High Risk High Gain strategy
for this week.
|
|
|
VEDL Call 240 (3.05)
|
Buy when you Sell Fut.
|
Hedging Position
|
|||||
|
Max Loss: Rs. 14000
|
|||||||
|
Derivative- Option Strategy
|
|||||||
|
YESBK Put 1360 (15.80)
|
Must Buy Arnd 12—8
|
Options Trading strategy with
High Risk- High Gain.
|
Max Profits: Unlimited
|
Good strategy for this week,
keep spot SL 1400
|
|||
|
YESBK Call 1400 (3.90)
|
Sell 2 Lots with Put 1360
|
Max Loss: Rs. 14000
|
|||||
Last week’s performance:
Weekly News Letter (Dated 23—27 Jan 2017) Performance Report:
Maximum Profit/Loss: Rs. 107500.00
|
SCRIPT
|
TRADE PRICE
|
TGT
|
PROFIT / LOSS
|
UNIT
|
NET Profit / Loss
|
|
IDEA
|
Buy Around 71
|
78
|
7
|
7000
|
Profit Rs. 49000.0(Super Call)
|
|
BAJFINANCE Fut.
|
Sell Fut. At 930
|
950
|
- 20
|
500
|
Loss Rs. 10000.00
|
|
SAIL (Fut./Opt)
|
Buy/ Sell- 58 / 2
|
65 / 1
|
+ 7 - 1 = 6
|
12000
|
Profit Rs. 72000.0(Super Call)
|
|
VEDL (Fut./Opt)
|
Sell /Buy- 246 / 9
|
250 / 13
|
– 4 + 4 = 4
|
3500
|
Profit Rs. 0.00
|
|
YESBANK (Option)
|
Sell/Sell- 8 / 5
|
3 / 5
|
- 5 + (2*0) = - 5
|
700
|
Loss Rs. 3500.00
|
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
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Nos.: 91- 9899909899 OR 91- 9968443444 OR 91-11-28565999
Messenger
id: Yahoo OR GTalk: ibnservicesdelhi OR ibncommodity
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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
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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
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However, IBN Services does not guarantee the accuracy,
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are purely based on their assumption/understanding on fundamental
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is for information purpose only, and may change due to underlying factors,
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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
