Daily News Letter Dated 3rd May 2016-Gain from us. Visit: http://www.ibnservices.in or http://ibnservices.blogspot.in or http://nse-bse.blogspot.in or http://mcx-ncdex.blogspot.in

Daily News Letter

Date: 3 May 2016

 

Phone: (91) 9899909899; 9968443444; 9311353399

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

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Perf: http://nse-bse.blogspot.in; http://mcx-ncdex.blogspot.in

 

Support & Resistance

NIFTY:

Last Close: 7805.90 (Down 43.90)

Resistance Levels: 8000, 8150, 8300, 8450, 8600

Support Levels: 7600, 7400, 7250, 7000, 6800

SENSEX:

Last Close: 25436.97 (Down 169.65)

Resistance Levels: 26000, 26500, 27000, 28500, 29000

Support Levels: 25000, 24300, 23800, 23000, 22000

Sensex Range This Week: 25000 - 26000 above which it will touch 26500 & Below Target 24000; Good Support Closing Below 25000.

 

Btst/Stbt, Hot in street & Results today

BTST/ STBT in last trade (Fut.):

Arvind Fut. (Sell – 290.50, SL – 293, Tgt – Later)

Top 10 Equity Derivatives in the Last Session: Srtransfin, Upl, Dabur, Vedl, L&tfh, Arvind, M&mfin, Godrejcp, Biocon, Bajfinance etc.

                                                        

Market Commentary:

We can see some bounce today from any dip and expect Nifty to hit 8000 again very soon, if it closes below 7800 for two consecutive days then we can see more downside and uptrend may be ceased. We recommend to go long in mid-cap banking, infra & telecom stocks for short term good upside with limited risks.

Hot Sectors Today: Bank & Pharma.

 

Trading picks for today:

SCRIP NAME (CMP)40	ENTRY LEVEL	TGT1	TGT2—3		SL	COMMENTS
Hot Today
PNB (84.25)	Buy C/Fut. At  84—82.50	86	87—88+		81	All midcap banking should be accumulated now
SKSMICRO (620.45)	Sell C/Fut. At 622—629	610	604—598		635	Sell on any rise keeping tight stop loss for intra-day.
Derivative- Future (Strategy for today)
WIPRO (549.60)	Must Buy At 548—542	560	566—572+		Bel 536	Max Profits: Unlimited	One can trade with hedge of Put options.
WIPRO PE 540 (8.10)	Buy when you Buy Fut.	Hedging Position				Max Loss: Rs. 6000
BIOCON (609.50)	Sell Around 611—618	600	594—588		Abv 624	Max Profits: Unlimited	High Risk High Gain strategy for 1—2 days.
BIOCON CE 610 (17.10)	Buy when you Sell Fut.	Hedging Position				Max Loss: Rs. 6600
Derivative- Option Strategy
BANKINDIA CE 90 (4.60)	Must Buy  At 4.50—3	Options Trading strategy with High Risk-- High Gain.				Max Profits: Unlimited	Trade the given strategy for 3-5 days keep SL 82.
BANKINDIA PE 80 (1.25)	Sell 2 Lots with CE 90					Max Loss: Rs. 20000
Investment Pick (Long Term)
……………….. (……) (…..)	…………………	………		…………..	………………………………………………...

 

Monthly trading picks:

Monthly trading picks for May 2016
……………… (………)	…………………….	….	…………….	…………	…………………………………………
……………… (………)	…………………….	….	…………….	…………	…………………………………………
……………… (………)	…………………….	….	…………….	…………	…………………………………………
……………… (………)	…………………….	….	…………….	…………	…………………………………………

 

Past performances

Last Trade (2^nd May 2016) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 28710.00 Approx.

Weekly Equity Performance Report (25^th –  29^th April 2016):

http://nse-bse.blogspot.in/2016/04/weekly-performance-report-equity-calls_29.html

Monthly Performance Equity Calls (April):

http://nse-bse.blogspot.in/2016/04/monthly-performance-report-all-types-of.html

Monthly Performance Nifty/ Bank Nifty Calls (April):

http://nse-bse.blogspot.in/2016/04/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (April):

http://nse-bse.blogspot.in/2016/04/monthly-performance-report-commodity.html

 

Important Links

Phone Nos.: 91- 9899-90-9899 OR 9968-443-444 OR 9311-35-3399

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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

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

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How to trade with our calls: http://ibnguide.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 me/ 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