Weekly News Letter Dated 20--24 February 2017-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: 20—24 February 2017

 

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

 

NIFTY:

Last Close: 8821.70 (Up 28.15)

Resistance Levels: 8850, 9000, 9250, 9500, 9800

Support Levels: 8400, 8200, 7950, 7800, 7500

SENSEX:

Last Close:  28468.75 (Up 134.50)

Resistance Levels: 28500, 29100, 30000, 30700, 31500

Support Levels: 27000, 26300, 25500, 25000, 24000

Sensex Range This Week: 28500—27500 above which it will touch 29000+ & Below Target 26500; Good Resistance Closing Abv 28500.

 

Market Commentary:

We can see high volatility in the market this week. Nifty may head toward 9000—9200 mark in short term where again a top will be seen with major hurdle around 9400. Nifty will find support around 8650—8600 if there is any profit booking. Hot sectors for this week: Power & IT.

 

Hot picks for this week:

RPOWER, BPCL, JUBLFOOD, JETAIRWAYS, LUPIN, HINDUNILVR,  TCS, WIPRO, IGL, SUNTV, HDFCBK, ARVIND, CAIRN, VEDL, CESC etc.

 

Last week's profits:        RPOWER – Rs. 30000.00

                                                CESC Fut. – Rs. 38500.00

                                                RCOM Fut. - Rs. 43200.00

                                                HEXAWARE Fut. - Rs. 3000.00

                                                NIFTY (Options) – Rs. 0.00

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot picks for this week
RPOWER (44.00)	Must Buy At 43.5—42	46	47—48+	41	Low risk pick for short term upside toward 50+
CESC (852.40)	Sell Fut. At 855—872	810	794—778	890	Highly overbought on chart take hedge of option
Derivative- Future (Strategy for this week)
RCOM (33.25)	Must Buy Arnd 33—32	35	36—37+	Bel 31	Max Profits: Unlimited	Short covering can be seen till F&O expiry.
RCOM Put 32.50 (0.65)	Buy when you Buy Fut.	Hedging Position			Max Loss: Rs. 12000
HEXAWARE (212.50)	Sell Around 214—219	202	198—194	Abv 224	Max Profits: Unlimited	High Risk High Gain strategy for this week.
HEXAW Call 215 (1.95)	Buy when you Sell Fut.	Hedging Position
					Max Loss: Rs. 15000
Derivative- Option Strategy
NIFTY Put 8800 (36.60)	Must Buy Arnd 30—20	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Good strategy for this week, keep spot SL 9000
NIFTY Call 9000 (5.10)	Sell 2 Lots with Put 8800				Max Loss: Rs. 30000

 

Last week's performance:

Weekly News Letter (Dated 20—24 February 2017) Performance Report: Maximum Profit/Loss: Rs. 108700.00

 

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET Profit / Loss
RPOWER	Buy Around 44	46.50	2.50	12000	Profit Rs. 30000.0(Super Call)
CESC Fut.	Sell Fut. At 885	850	35	1100	Profit Rs. 38500.0(Super Call)
RCOM (Fut./Opt)	Buy/ Sell- 34 / 0.45	38 / 0.05	4 – 0.40 = 3.60	12000	Profit Rs. 43200.0(Super Call)
HEXAWARE (Fut./Opt)	Sell /Buy- 217 / 3.5	221 / 6.50	– 4 + 3 = -1	3000	Loss Rs. 3000.00
NIFTY (Option)	Sell/Sell- 21 / 10.10	1 / 0.10	- 20 + (2*10) = 0	75	Profit Rs. 0.00

 

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

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

Twitter: http://twitter.com/ibnservices

Face book: https://www.facebook.com/ibnservices

Messenger id: Yahoo OR GTalk: ibnservicesdelhi OR ibncommodity

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

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

Leave your valuable Suggestions/ Complain/ Feedback here: info@ibnservices.in

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

Disclaimer/ Terms & Conditions: http://www.ibnservices.in/terms.php

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.

 

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 ownership of the stock – Pls Visit: http://www.ibnservices.in/holdings.php

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, 2^nd 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

Twitter: https://twitter.com/ibnservices or Facebook: https://www.facebook.com/ibnservices