Weekly News Letter
Date: 27— 31 March
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: 9108.00 (Down 52.05)
Resistance Levels: 9250, 9500, 9800, 10000, 10300
Support Levels: 8600, 8400, 8200, 7950, 7800
SENSEX:
Last Close: 29421.40 (Down 227.59)
Resistance Levels: 30000, 30700, 31500, 32000, 33000
Support Levels: 27700, 27000, 26300, 25500, 25000
Sensex Range This Week: 30000—28000 above which it will touch
32000+ & Below Target 26500; Good Support Closing Below 27500.
Market Commentary:
Market is shy of 9200 levels in Nifty and unable to sustain this
level. There will be high volatility this week due to F&O expiry, specially
large-cap metals and banking stocks can show profit booking. Any close above
9200 mark in Nifty for two consecutive days will give more power to bulls for
next hurdle around 9400. Hot sectors for this week: Telecom & Bank.
Hot picks for this week:
IDEA, BHARTIARTL, DABUR, ITC, COALINDIA, RELIANCE,
RELCAPITAL, SBIN, YESBANK, RELINFRA, BEL, LT etc.
Last week’s profits:
BHARTIARTL – Rs. 0.00
CENTURYTEX Fut. – Rs. 16500.00
TECHM Fut. - Rs. 0.00
AXISBANK Fut. - Rs. 14400.00
BANKNIFTY (Options) – Rs. 6800.00
Trading picks for this week:
|
SCRIP NAME (CMP)
|
ENTRY LEVEL
|
TGT1
|
TGT2—3
|
SL
|
COMMENTS
|
||
|
Hot picks for this week
|
|||||||
|
IDEA (90.65)
|
Must Buy At 90—87
|
95
|
98—101+
|
85
|
Go long at dip hedging with nearest put options.
|
||
|
RELCAPITAL
(603.05)
|
Sell Fut. At 607—620
|
575
|
563—550
|
632
|
Take a risk to sell on any rise keeping tight SL.
|
||
|
Derivative- Future (Strategy for this
week)
|
|||||||
|
ONGC (192.25)
|
Must Buy Arnd 191-187
|
200
|
204—208+
|
Bel 183
|
Max Profits: Unlimited
|
Very good pick till f&o expiry, trade with SL.
|
|
|
ONGC Put 190 (1.15)
|
Buy when you Buy Fut.
|
Hedging Position
|
Max Loss: Rs. 15000
|
||||
|
LICHSGFIN (600.65)
|
Sell Around 603—617
|
575
|
563—550
|
Abv 630
|
Max Profits: Unlimited
|
High Risk High Gain strategy for this week.
|
|
|
LICHSG Call 600 (7.10)
|
Buy when you Sell
Fut.
|
Hedging Position
|
|||||
|
Max Loss: Rs. 14300
|
|||||||
|
Derivative- Option Strategy
|
|||||||
|
RELIANCE Put1280 (10)
|
Must Buy At Opening
|
Options Trading
strategy with High Risk- High Gain.
|
Max Profits: Unlimited
|
Good strategy for this week, keep spot SL 1320
|
|||
|
RELIANC Call 1320(4.50)
|
Sell 2
Lots with Put 1280
|
Max Loss: Rs. 10000
|
|||||
Last week’s performance:
Weekly News Letter
(Dated 20 -- 24 March 2017) Performance Report: Maximum Profit/Loss: Rs.
37700.00
|
SCRIPT
|
TRADE PRICE
|
TGT
|
PROFIT / LOSS
|
UNIT
|
NET Profit / Loss
|
|
BHARTIARTL
|
Buy Around 340
|
340
|
0
|
1700
|
Profit Rs. 0.00
|
|
CENTURYTEX Fut.
|
Sell Fut. At 1025
|
1010
|
15
|
1100
|
Profit Rs. 16500.0(Super Call)
|
|
TECHM (Fut./Opt)
|
Buy/ Sell- 480 / 10
|
480 / 10
|
0
|
1100
|
Profit Rs. 0.00
|
|
AXISBANK (Fut./Opt)
|
Sell /Buy- 518/ 9.50
|
488 / 1.50
|
20– 8 = 12
|
1200
|
Profit Rs. 14400.00
|
|
BANKNIF (Option)
|
Sell/Sell- 110 / 20
|
260 / 10
|
150 +
(2*10) = 170
|
40
|
Profit Rs. 6800.00
|
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
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://mcx-ncdex.blogspot.in
Twitter: http://twitter.com/ibnservices
Face book: https://www.facebook.com/ibnservices
Messenger id: Yahoo OR GTalk: ibnservicesdelhi OR
ibncommodity
Yahoo Group (Equity): http://finance.groups.yahoo.com/group/NSE_BSE/
Yahoo Group (Commodity): http://finance.groups.yahoo.com/group/ibncommodity/
Leave your valuable Suggestions/ Complain/ Feedback
here: info@ibnservices.in
How to trade with our calls: http://ibnguide.blogspot.in
Disclaimer/ Terms & Conditions: http://www.ibnservices.in/terms.php
Disclaimer:
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 information. IBN Services especially
states that it has no financial liability whatsoever to any user/ member/
customers on account of the use of information provided on its News Letters or
websites or through any medium (like: messenger/ sms/ E-mail/ group websites
etc.) or any other electronic, print or internet media. You are responsible for
your own investment/ trading decisions. 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 ownership of the stock – Pls Visit: http://www.ibnservices.in/holdings.php
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
