Weekly News Letter (Dated 4 - 8 April 2016 ) Visit: http://www.ibnservices.in or http://ibnservices.blogspot.in or http://nse-bse.blogspot.in or http://mcx-ncdex.blogspot.in

Weekly News Letter

Date: 4 — 8 April 2016

 

Phone: (91) 9899909899; 9968443444; 9311353399

E-Mail: info@ibnservices.in or ibnservices@gmail.com

Yahoo / GTalk Messenger: ibnservicesdelhi or ibncommodity

Web: http://www.ibnservices.in ; http://ibnservices.blogspot.in

Perf: http://nse-bse.blogspot.in; http://mcxncx.blogspot.in

 

Support & Resistance

NIFTY:

Last Close: 7713.05 (Down 3.45)

Resistance Levels: 7800, 8000, 8150, 8400

Support Levels: 7400, 7250, 7000, 6800, 6500

SENSEX:

Last Close:  25269.64 (Down 67.92)

Resistance Levels: 25700, 26500, 27000, 28500, 29000

Support Levels: 24300, 23800, 23000, 22000, 21000

Sensex Range This Week: 24000 - 25500 above which it will touch 26500 & Below Target 23000; Good Resistance Closing Above 25500.

 

Market Commentary:

Nifty close above 7800 will open doors for 8000 & 8300 in coming days but chances of downside from here seems much larger. Nifty may come down to 7600 and then 7450 in this week before resuming further uptrend. Traders should make positions both side depending upon the movements.

Hot sector for this week: Bank & Oil-Gas.

 

Last week’s profits & Hot in street

Hot picks for this week:

FEDERALBANK, RCOM, IDEA, BANKINDIA, CANBK, BPCL, HDFCBK, MRF, BOSCHLTD, TCS, ASHOKLEY, GRASIM, ARVIND, BHARTI etc.

Last week’s profits:        PNB – Rs. 8000.00

                                                YESBANK Fut. – Rs. 21000.00

                                                CIPLA Fut. - Rs. 6400.00

                                                TVSMOTORS Fut. - Rs. 16000.00

                                                PETRONET (Options) – Rs. 12300.00

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot picks for this week
PNB (87.65)	Must Buy At 86—84	91	93—95+	82	A good pick among mid-cap banking for 2-4 day
YESBANK (859.65)	Sell Fut. At 865—885	825	808—790	900	Traders should sell on any rise hedging with CE.
Derivative- Future (Strategy for this week)
CIPLA (516.50)	Must Buy At 512—500	537	549—560	Bel 490	Max Profits: Unlimited	Risky traders can buy at any dip hedging PE.
CIPLA PE 510 (12.85)	Buy when you Buy Fut.	Hedging Position
					Max Loss: Rs. 8000
TVSMOTORS (326.40)	Sell Around 330—338	315	308—301	Abv 345	Max Profits: Unlimited	High Risk High Gain strategy for this week.
TVSMOT CE 330 (12.4)	Buy when you Sell Fut.	Hedging Position
					Max Loss: Rs. 14000
Derivative- Option Strategy
PETRONET PE 240 (4.80)	Must Buy At  4.50—3.5	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Good strategy for this week, keep spot SL 260.
PETRONET CE 260 (3.90)	Sell 1 Lot with PE 240				Max Loss: Rs. 20000

 

Weekly News Letter (Dated 4 – 8 April 2016) Performance Report: Maximum Profit/Loss: Rs. 47700.00

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET Profit / Loss
PNB	Buy At 84	82	- 2	4000	Loss Rs. 8000
YESBANK Fut.	Sell Fut. At 870	840	30	700	Profit Rs. 21000.0(Super Call)
CIPLA (Fut./Opt)	Buy At 500 /  15	510 / 13	10 – 2 = 8	800	Profit Rs. 6400.00
TVSMOTORS (Fut./Opt)	Sell /Buy- 328 / 12	313 / 5	15  – 7 = 8	2000	Profit Rs. 16000.0(Super Call)
PETRONET (Option)	Buy/Sell- 4.5 / 2.40	8 / 2.10	3.5+(2*0.3) = 4.1	3000	Profit Rs. 12300.0(Super Call)

 

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- 9899-90-9899 OR 9968-443-444 OR 9311-35-3399

Subscription Details: http://www.ibnservices.in or http://ibnservices.blogspot.in

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://mcxncx.blogspot.in

E-Mail id.: ibnservices@gmail.com or indiastock@gmail.com or info@ibnservices.com

Messenger id: Yahoo OR GTalk: ibnservicesdelhi OR ibncommodity

FAQ: http://ibnfaq.blogspot.in

Twitter: http://twitter.com/ibnservices

Face book: http://www.facebook.com/profile.php?ref=profile&id=100000585243122

Orkut: http://www.orkut.co.in/Main#Profile?uid=10180667328369587673

Yahoo Group (Equity): http://finance.groups.yahoo.com/group/NSE_BSE/

Yahoo Group (Commodity): http://finance.groups.yahoo.com/group/ibncommodity/

Leave your valuable feedback here: http://ibnfeed.blogspot.in

How to trade with our calls: http://ibnguide.blogspot.in

Pay Per Call: http://percall.blogspot.in

 

Disclaimer

Kindly read carefully before trading with us:

I, (Manish Kumar Sarraf, Prop.- IBN Services, New Delhi) have taken due care and caution in compilation of data for its members. This document is written by SEBI registered Research Analyst (Reg. No. INH100001948). The document is prepared with information which has been obtained by the company (IBN Services) from sources which it considers reliable. I might not hold any positions in above stocks in Cash/ Derivatives. 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 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. IBN Services will not be responsible for any errors or omissions in articles or postings, for hyperlinks embedded in messages, or for any results obtained from the use of such information. IBN Services will not be liable for any loss or damage caused by a reader's reliance on information obtained in our area (like: messenger/ sms/ E-mail/ group websites etc), or in a hyperlinked area.  All disputes subject to Delhi jurisdiction only. No part of any material may be duplicated in any form and/or distributed without IBN Services prior written consent. By: IBN Services Write to: info@ibnservices.in Visit: http://ibnservices.blogspot.in OR http://www.ibnservices.in Call: (91) 9899909899 / 9810094942 / 011-28565999