Weekly News Letter
Date: 2—6 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: 8185.80 (Up 200.05)
Resistance Levels: 8200,
8350, 8500, 8750, 9000
Support Levels: 7950, 7800, 7500,
7200, 7000
SENSEX:
Last Close: 26626.46 (Up
585.76)
Resistance Levels: 26700,
27200, 27500, 28300, 29100
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:
Market will remain under pressure
this week too and one can sell on any rise toward 8200—8250 keeping stop loss
at 8350 for downside to 7900 and below soon, this time even 7500 can be seen.
Market should bottom out before budget and it will be a good opportunity to
buy. Hot sector this week: Airline & Auto.
Hot picks for
this week:
IDBI, RPOWER, RCOM,
GMRINFRA, JPASSOCIATE, ALBK, SYNDIBK, TATAMOTORS, REKLIANCE, MARUTI, SBIN, ARVIND, CENTURYT etc.
Last week’s
profits: RPOWER – Rs. 36000.00
RELIANCE Fut. – Rs. 10000.00
JETAIRWAYS Fut. - Rs. 20000.00
MARUTI Fut. - Rs. 7500.00
NIFTY (Options) – Rs. 3000.00
Trading picks for this week:
SCRIP NAME (CMP)
|
ENTRY LEVEL
|
TGT1
|
TGT2—3
|
SL
|
COMMENTS
|
||
Hot picks for this week
|
|||||||
RPOWER (41.20)
|
Must Buy At 40.5—39.5
|
43
|
44—45+
|
38.50
|
All power stocks can show good
upside very soon
|
||
RELIANCE
(1083.70)
|
Sell Fut. At 1090—1110
|
1040
|
1020—1000
|
1130
|
Take a risk to sell on rise
hedging with options.
|
||
Derivative- Future (Strategy
for this week)
|
|||||||
JETAIR (347.55)
|
Must Buy At 344—337
|
360
|
367—375+
|
Bel 330
|
Max Profits: Unlimited
|
One of the best pick for short
term traders.
|
|
JETAIR Put 340 (13.90)
|
Buy when you Buy Fut.
|
Hedging Position
|
Max Loss: Rs. 7000
|
||||
MARUTI (5327.60)
|
Sell Around 5350—5460
|
5100
|
5000—4900
|
Abv 5560
|
Max Profits: Unlimited
|
High Risk High Gain strategy
for this week.
|
|
MARU Call5400 (116.7)
|
Buy when you Sell Fut.
|
Hedging Position
|
|||||
Max Loss: Rs. 15000
|
|||||||
Derivative- Option Strategy
|
|||||||
NIFTY Put 8200 (124.65)
|
Must Buy Arnd 110—80
|
Options Trading strategy with
High Risk- High Gain.
|
Max Profits: Unlimited
|
Good strategy for this week,
keep spot SL 8350
|
|||
NIFTY Call 8400 (33.85)
|
Sell 2 Lots with Put 8200
|
Max Loss: Rs. 10000
|
|||||
Last week’s performance:
Weekly News Letter (Dated 2--6 Jan 2017) Performance Report: Maximum Profit/Loss: Rs. 55500.00
SCRIPT
|
TRADE PRICE
|
TGT
|
PROFIT / LOSS
|
UNIT
|
NET Profit / Loss
|
RPOWER
|
Buy At 41.20
|
44.20
|
3
|
12000
|
Profit Rs. 36000.0(Super Call)
|
RELIANCE Fut.
|
Sell Fut. At 1095
|
1075
|
20
|
500
|
Profit Rs. 10000.00
|
JETAIRWAYS (Fut./Opt)
|
Buy At 345/ 13
|
375 / 3
|
30 - 10 = 20
|
1000
|
Profit Rs. 20000.0(Super Call)
|
MARUTI (Fut./Opt)
|
Sell /Buy- 5460/160
|
5560 / 210
|
– 100 + 50 = - 50
|
150
|
Loss Rs. 7500.00
|
NIFTY (Option)
|
Sell/Sell- 100 / 35
|
70 / 40
|
-30 + ( 2 * 5 ) = 40
|
75
|
Loss Rs. 3000.00
|
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
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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
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However, IBN Services does not guarantee the accuracy,
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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,
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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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