Daily News Letter Dated 2nd September 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: 2 September 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: 8774.65 (Down 11.55)

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

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

SENSEX:

Last Close: 28423.48 (Down 28.69)

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 (Buy – 486, SL – 480, Tgt – 493+)

 

Top 10 Equity Derivatives in the Last Session:

Pcjewellers, Jisljaleqs, Castrolind, Enginersin, Godrejcp, Gail, Kpit, Ibulhsgfin, Indiacem, Pageind etc.

 

Market Commentary:

Market saw panic selling in many stocks in last 1-hour which can show some profit booking in next 1—2 days until Nifty closes above 8800 mark for 2 consecutive days. A close above 8800 will open doors for all time new high soon. Hot Sectors For Today: Pharma & Media.

 

Trading picks for today:

SCRIP NAME (CMP)40	ENTRY LEVEL	TGT1	TGT2—3		SL	COMMENTS
Hot Today
SUNPHARMA (770.05)	Buy C/Fut. At 768—760	783	791—799+		752	One can go long for short term upside to 800+
JSWSTEEL (1785.80)	Sell C/Fut. At 1790—1810	1750	1732—1716		1825	Profit booking can be seen, if market falls down.
Derivative- Future (Strategy for today)
BHEL (133.70)	Must Buy At  133—131	137	139—141+		Bel 129	Max Profits: Unlimited	Traders should buy at any dip with hedging.
BHEL Put 130 (4.05)	Buy when you Buy Fut.	Hedging Position				Max Loss: Rs. 10000
ZEEL (5380.40)	Sell Around 540—546	530	525—520		Abv 551	Max Profits: Unlimited	High Risk High Gain strategy for 1—2 days.
ZEEL Call 540 (14.00)	Buy when you Sell Fut.	Hedging Position				Max Loss: Rs. 6500
Derivative- Option Strategy
YESBANK Put 1360 (32.4)	Must Buy Around 30—25	Options Trading strategy with High Risk-- High Gain.				Max Profits: Unlimited	Trade the given strategy for 3--5 day keep SL 1420.
YESBANK Call 1420 (12.6)	Sell 2 Lots with Call 55					Max Loss: Rs. 30000
Investment Pick (Long Term)
……………….. (……) (…..)	…………………	………		…………..	………………………………………………...

 

Monthly trading picks:

Monthly trading picks for September 2016
……….. (358.45)	Buy Around 350—335	390	410—430+	318	Low risk pick for short term traders, keep SL
………  (28.40)	Buy Around 27.50—26	31	33—35+	24.50	One should go long for short term good rise.
………..  (5….)	Buy Around 5………..	5……	6………….	4…..	Some big news can give a boost to the stock.
…….  (5…..35)	Sell Around ……	46….	……..	……….	One should sell on rise hedging with call opt.

 

Last Trade (1^st September 2016) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 5130.00 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 (August):

http://nse-bse.blogspot.in/2016/08/monthly-performance-report-all-types-of.html

Monthly Performance Nifty/ Bank Nifty Calls (August):

http://nse-bse.blogspot.in/2016/08/monthly-performance-report-nifty.html

Monthly Performance Commodity Calls (August):

http://mcx-ncdex.blogspot.in/2016/08/monthly-performance-report-commodity.html

 

Important Links

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

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://mcx-ncdex.blogspot.in

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

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

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

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FAQ: http://ibnfaq.blogspot.in

 

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.

 

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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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