Daily News Letter Dated 29th August 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: 29 August 2016

 

Prepared By: Manish Kumar Sarraf (Prop. IBN Services)

Designation: Research Analyst, SEBI Reg No. INH100001948

Address: K-7, 2^nd Floor, Bal Udhayan Rd, Uttam Nagar, New Delhi-59

Phone: (91) 011-28565999; 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://mcx-ncdex.blogspot.in

 

Support & Resistance

NIFTY:

Last Close: 8572.55 (Down 19.65)

Resistance Levels: 8800, 9000, 9250, 9500, 9800

Support Levels: 8500, 8300, 8000, 7800, 7600

SENSEX:

Last Close: 27782.25 (Down 53.66)

Resistance Levels: 28500, 29200, 30000, 31000, 32000

Support Levels: 27500, 26800, 26000, 25300, 25500

Sensex Range This Week: 27500 - 28500 above which it will touch 29000 & Below Target 27000; Good Resistance Closing Above 28500.

 

BTST/ STBT in last trade (Fut.):

Wipro Fut. (Hold – 493.55, SL – No, Tgt – 514+)

 

Top 10 Equity Derivatives in the Last Session:

Centurytex, Tatamtrdvr, Rcom, Tatacomm, Tatamotors, Pageind, Igl, Lichsgfin, Biocon, Justdial etc.

 

Market Commentary:

Market will show nervousness until Nifty closes above 8750—8800 for two consecutive days, lower side support is place at 8450 and 8400. As indicated large cap stocks are showing selling pressure whereas mid-cap stocks are rising. Hot Sectors Today: Cap. Good & Auto.

 

Trading picks for today:

SCRIP NAME (CMP)40	ENTRY LEVEL	TGT1	TGT2—3		SL	COMMENTS
Hot Today
GMRINFRA (13.15)	Buy C/Fut. At 13—12.75	13.40	13.70—14+		12.50	Low risk pick for short term, expect rise to 15+
BIOCON (898.55)	Sell C/Fut. At 900—910	882	873—864		920	Take a risk to sell on rise hedging with call opt.
Derivative- Future (Strategy for today)
BHEL (136.25)	Must Buy At  136—134	139	141—143+		Bel 132	Max Profits: Unlimited	If market holds then it can bounce sharply.
BHEL Put 130  (3.40)	Buy when you Buy Fut.	Hedging Position				Max Loss: Rs. 10000
TATAMOTORS (518.60)	Sell At Opening Bell	507	502—496		Abv 524	Max Profits: Unlimited	High Risk High Gain strategy for 1—2 days.
TATAMOT Call 520 (18.4)	Buy when you Sell Fut.	Hedging Position				Max Loss: Rs. 9000
Derivative- Option Strategy
WIPRO CALL 500 (10.10)	Must Buy At 9—7	Options Trading strategy with High Risk-- High Gain.				Max Profits: Unlimited	Trade the given strategy for 3--5 day keep SL 470.
WIPRO PUT 470 (4.40)	Sell 2 Lots with Call 500					Max Loss: Rs. 20000
Investment Pick (Long Term)
……………….. (……) (…..)	…………………	………		…………..	………………………………………………...

 

Monthly trading picks:

Monthly trading picks for July 2016 (given on 2nd August 2016)
SAIL  (47.35)	Buy Around 47—44.50	52	55—58+	42	Booked 50% profits at 51 on 22nd August.
RCOM  (51.85)	Buy Around 51—48.50	56.50	59—62+	46	Enjoy 75% profits around 54.5 on 26th Aug.
ONGC  (218.80)	Buy Around 215—205	235	247—260+	196	Booked 50% profits at 238 on 17th August.
………….	……….	……	…………	………..	……………………………..

 

Last Trade (26^th August 2016) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. -23991.00 Approx.

 

Weekly Equity Performance Report (22^nd –  26^th August 2016):

http://nse-bse.blogspot.in/2016/08/weekly-performance-report-equity-calls_26.html

Monthly Performance Equity Calls (July):

http://nse-bse.blogspot.in/2016/07/monthly-performance-report-all-types-of.html

Monthly Performance Nifty/ Bank Nifty Calls (July):

http://nse-bse.blogspot.in/2016/07/monthly-performance-report-all-types-of.html

Monthly Performance Commodity Calls (July):

http://nse-bse.blogspot.in/2016/07/monthly-performance-report-commodity.html

 

Important Links

Phone Nos.: 91- 9899909899 OR 91- 9968443444 OR 91-11-28565999

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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

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

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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.

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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, 2^nd Floor, Bal Udhayan Road, Uttam Nagar, New Delhi-110059, India.

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