Weekly News Letter
Date: 20— 24 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: 9160.05
(Up 262.50)
Resistance
Levels: 9250, 9500, 9800, 10000, 10300
Support Levels:
8600, 8400, 8200, 7950, 7800
SENSEX:
Last Close:
29648.99 (Up 702.76)
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 may show
some profit booking this week with hurdle around 9200 in Nifty. Any close above
9200 can show 9400 soon but that will act as major hurdle. Auto & Metal
stocks can show good slide if there is profit booking in the market. Hot
sectors for this week: Telecom & Bank.
Hot picks for this
week:
COALINDIA,
TATAGLOBAL, IDBI, IDFC, SAIL, RCOM, BHARTIARTL, KOTAKBANK,
EXIDEIND, KSCL, PCJEWELLER, MARUTI, BHEL 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
|
|||||||
|
BHARTIARTL (344.60)
|
Must Buy At 340—332
|
357
|
365—373+
|
325
|
But at dips for short
term bounce toward 380+
|
||
|
CENTURYTEX
(1018.5)
|
Sell Fut. At 1025—1047
|
975
|
955—935
|
1070
|
Stock is highly
overbought, go short with strict sl
|
||
|
Derivative-
Future (Strategy for this week)
|
|||||||
|
TECHM (484.80)
|
Must Buy Arnd 480-470
|
505
|
515—525+
|
Bel 460
|
Max Profits: Unlimited
|
Take a risk to go long
hedging put options.
|
|
|
TECHM Put 480 (8.30)
|
Buy when you Buy Fut.
|
Hedging Position
|
Max Loss:
Rs. 11000
|
||||
|
AXISBANK (515.40)
|
Sell Around 520—532
|
495
|
485—475
|
Abv 542
|
Max Profits: Unlimited
|
High Risk High Gain
strategy for this week.
|
|
|
AXISBK Call 520 (8.60)
|
Buy when you Sell Fut.
|
Hedging Position
|
|||||
|
Max Loss: Rs.
12000
|
|||||||
|
Derivative-
Option Strategy
|
|||||||
|
BKNIFTY
Put21000 (120)
|
Must Buy Arnd 110—80
|
Options Trading strategy with High Risk- High Gain.
|
Max Profits: Unlimited
|
Good strategy for this
week, keep spot SL 21700
|
|||
|
BKNIF
Call 21700 (49.60)
|
Sell 2 Lots with Put 21000
|
Max Loss: Rs. 8000
|
|||||
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
No comments:
Post a Comment