Weekly News Letter Dated 3 — 7 October 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
Weekly News Letter
Date: 3 — 7 October 2016
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
Support & Resistance
NIFTY:
Last Close: 8611.15 (Down 220.40)
Resistance Levels: 9000, 9250, 9500, 9800, 10000
Support Levels: 8500, 8300, 8000, 7800, 7500
SENSEX:
Last Close: 28668.22 (Down 802.26)
Resistance Levels: 29100, 30000, 31000, 32200, 33000
Support Levels: 27500, 26800, 26000, 25300, 24000
Sensex Range This Week: 28000—29000 above which it will touch 30000 & Below Target 27500; Good Support Closing Below 27500.
Market Commentary:
Nifty may bounce toward 8750—8800 again but will not sustain at higher levels. We will turn bullish once Nifty closes above 9000 mark. Nifty can slip toward 8200—8000 gradually as weekly charts have turned –ve and monthly charts too almost overbought now. Hot sector for this week: Bank & Auto.
Hot picks for this week:
TATAPOWER, RCOM, MOTHERSUMI, ITC, CUMMINSIND, NTPC, M&M, ASHOKLEY, JSWSTEEL, YESBANK, RELIANCE, MARUTI etc.
Last week's profits: ALBK – Rs. 31500.00
KOTAKBANK Fut. – Rs. 0.00
GLENMARK Fut. - Rs. 0.00
MARUTI Fut. - Rs. 0.00
NIFTY (Options) – Rs. -1000.00
Trading picks for this week:
SCRIP NAME (CMP)
|
ENTRY LEVEL
|
TGT1
|
TGT2—3
|
SL
|
COMMENTS
| ||
Hot picks for this week
| |||||||
SYNDIBANK (73.15)
|
Must Buy Arnd 72.5-71
|
76
|
78—80+
|
69.50
|
News based buying can be seen in mid-cap banks
| ||
TVSMOTORS (265.45)
|
Sell Fut. At 267—273
|
255
|
250—245
|
278
|
Take risk to sell on rise with hedge of call option
| ||
Derivative- Future (Strategy for this week)
| |||||||
SUNPHARMA (745.25)
|
Must Buy Arnd 740-725
|
775
|
790—810+
|
Bel 710
|
Max Profits: Unlimited
|
All Pharma stocks can show fireworks soon.
| |
SUNPH Put 740 (19.40)
|
Buy when you Buy Fut.
|
Hedging Position
| |||||
Max Loss: Rs. 9000
| |||||||
HINDALCO (153.75)
|
Sell Around 155—159
|
148
|
145—142
|
Abv 162
|
Max Profits: Unlimited
|
High Risk High Gain strategy for this week.
| |
HINDALC Put 155 (5.9)
|
Buy when you Sell Fut.
|
Hedging Position
| |||||
Max Loss: Rs. 21000
| |||||||
Derivative- Option Strategy
| |||||||
RELIANC Put1080 (26.1)
|
Must Buy Arnd 24—18
|
Options Trading strategy with High Risk- High Gain.
|
Max Profits: Unlimited
|
Good strategy for this week, keep spot SL 1140.
| |||
RELIANC Call 1140 (11.9)
|
Sell 2Lot with Put 1080
|
Max Loss: Rs. 20000
| |||||
Last week's performance:
Weekly News Letter (Dated 3 – 7 Oct 2016) Performance Report: Maximum Profit/Loss: Rs. 21500.00
SCRIPT
|
TRADE PRICE
|
TGT
|
PROFIT / LOSS
|
UNIT
|
NET Profit / Loss
|
SYNDIBANK
|
Buy At 74
|
77.50
|
3.50
|
9000
|
Profit Rs. 31500.0(Super Call)
|
TVSMOTORS Fut.
|
Sell Fut. At 383
|
383
|
0
|
2000
|
Profit Rs. 0.00
|
SUNPHARMA (Fut./Opt)
|
Buy At 0/ 0
|
0 / 0
|
0 + 0 = 0
|
600
|
Price not met as given.
|
HINDALCO (Fut./Opt)
|
Sell /Buy- 156 / 6
|
159 / 9
|
– 3 + 3 = 0
|
7000
|
Profit Rs. 0.00
|
RELIANCE (Option)
|
Buy/Sell- 18 / 17
|
12 / 15
|
6 +(2*2 )= - 2
|
500
|
Loss Rs. 1000.00
|
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
Messenger id: Yahoo OR GTalk: ibnservicesdelhi OR ibncommodity
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'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
posted by NSE_BSE at Friday, October 07, 2016
<< Home