Weekly News Letter
Date: 20—24 February 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: 8821.70 (Up 28.15)
Resistance Levels: 8850,
9000, 9250, 9500, 9800
Support Levels: 8400, 8200, 7950,
7800, 7500
SENSEX:
Last Close: 28468.75 (Up
134.50)
Resistance Levels: 28500,
29100, 30000, 30700, 31500
Support Levels: 27000, 26300,
25500, 25000, 24000
Sensex Range This Week:
28500—27500 above which it will touch 29000+ & Below Target 26500; Good
Resistance Closing Abv 28500.
Market Commentary:
We can see high volatility in the
market this week. Nifty may head toward 9000—9200 mark in short term where again
a top will be seen with major hurdle around 9400. Nifty will find support
around 8650—8600 if there is any profit booking. Hot sectors for this week: Power & IT.
Hot picks for this week:
RPOWER, BPCL,
JUBLFOOD, JETAIRWAYS, LUPIN, HINDUNILVR, TCS, WIPRO, IGL, SUNTV, HDFCBK, ARVIND, CAIRN, VEDL, CESC etc.
Last week’s
profits: RPOWER – Rs. 30000.00
CESC Fut. – Rs. 38500.00
RCOM Fut. - Rs. 43200.00
HEXAWARE Fut. - Rs. 3000.00
NIFTY (Options) – Rs. 0.00
Trading picks for this week:
|
SCRIP NAME (CMP)
|
ENTRY LEVEL
|
TGT1
|
TGT2—3
|
SL
|
COMMENTS
|
||
|
Hot picks for this week
|
|||||||
|
RPOWER (44.00)
|
Must Buy At 43.5—42
|
46
|
47—48+
|
41
|
Low risk pick for short term
upside toward 50+
|
||
|
CESC
(852.40)
|
Sell Fut. At 855—872
|
810
|
794—778
|
890
|
Highly overbought on chart take
hedge of option
|
||
|
Derivative- Future (Strategy
for this week)
|
|||||||
|
RCOM (33.25)
|
Must Buy Arnd 33—32
|
35
|
36—37+
|
Bel 31
|
Max Profits: Unlimited
|
Short covering can be seen till
F&O expiry.
|
|
|
RCOM Put 32.50 (0.65)
|
Buy when you Buy Fut.
|
Hedging Position
|
Max Loss: Rs. 12000
|
||||
|
HEXAWARE (212.50)
|
Sell Around 214—219
|
202
|
198—194
|
Abv 224
|
Max Profits: Unlimited
|
High Risk High Gain strategy
for this week.
|
|
|
HEXAW Call 215 (1.95)
|
Buy when you Sell Fut.
|
Hedging Position
|
|||||
|
Max Loss: Rs. 15000
|
|||||||
|
Derivative- Option Strategy
|
|||||||
|
NIFTY Put 8800 (36.60)
|
Must Buy Arnd 30—20
|
Options Trading strategy with
High Risk- High Gain.
|
Max Profits: Unlimited
|
Good strategy for this week,
keep spot SL 9000
|
|||
|
NIFTY Call 9000 (5.10)
|
Sell 2 Lots with Put 8800
|
Max Loss: Rs. 30000
|
|||||
Last week’s performance:
Weekly
News Letter (Dated 20—24 February 2017) Performance Report: Maximum
Profit/Loss: Rs. 108700.00
|
SCRIPT
|
TRADE PRICE
|
TGT
|
PROFIT / LOSS
|
UNIT
|
NET Profit / Loss
|
|
RPOWER
|
Buy Around 44
|
46.50
|
2.50
|
12000
|
Profit Rs. 30000.0(Super Call)
|
|
CESC Fut.
|
Sell Fut. At 885
|
850
|
35
|
1100
|
Profit Rs. 38500.0(Super Call)
|
|
RCOM (Fut./Opt)
|
Buy/ Sell- 34 / 0.45
|
38 / 0.05
|
4 – 0.40 = 3.60
|
12000
|
Profit Rs. 43200.0(Super Call)
|
|
HEXAWARE (Fut./Opt)
|
Sell /Buy- 217 / 3.5
|
221 / 6.50
|
– 4 + 3 = -1
|
3000
|
Loss Rs. 3000.00
|
|
NIFTY (Option)
|
Sell/Sell- 21 / 10.10
|
1 / 0.10
|
- 20 + (2*10) = 0
|
75
|
Profit Rs. 0.00
|
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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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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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
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is for information purpose only, and may change due to underlying factors,
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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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