Weekly News Letter (Dated 1 -- 5 Jan 2018) 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: 1 – 5 Jan 2018

 

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: 10530.90 (Up 37.90)

Resistance Levels: 10550, 10650, 10800, 11000, 11500

Support Levels: 10000, 9800, 9680, 9600, 9350

SENSEX:

Last Close:  34056.83 (Up 116.53)

Resistance Levels: 34100, 34500, 35000, 36000, 38000

Support Levels: 32500, 31500, 31000, 30300, 29500

Sensex Range This Week: 33500—35000 above which it will touch 37000+ & Below Target 32000; Good Resistance Closing Above 35000

 

Market Commentary:

Traders will get opportunity to sell on rise this week with Nifty resistance around 10650—700 inn short term for downside to 9600 and 9200 which can occur anytime soon. Trader should hedge short positions with call option to potect and minimize the losses. Hot sectors this week: Psu-Bank & Oil-Gas.

 

Hot picks for this week:

BALRAMCHIN, ITC, RNAVAL, IDBI, IDFCBANK, ITC, LUPIN,  FORTIS, TATASTL, TVSMOTR, ENGINERSIN, PEL, ZEEL, RAYMOND, VEDL etc.

 

Last week's profits:           SYNDIBANK – Rs. 31500.00

                                                GAIL Fut. – Rs. 22000.00

                                                BALRAMCHIN Fut. - Rs. 0.00

                                                PEL Fut. - Rs. 9000.00

                                                ESCORTS (Options) – Rs. 0.00

 

Trading picks for this week:

SCRIP NAME (CMP)	ENTRY LEVEL	TGT 1	TGT 2 & 3	SL	COMMENTS
Hot picks for this week
SYNDIBANK (80.10)	Must Buy Arnd 79—77	85	88—92+	75	All PSU banks can show huge bounce, keep SL.
GAIL (500.80)	Sell Fut. At 503—515	475	465—455	525	High risk traders can go short hedging with optn
Derivative- Future (Strategy for this week)
BALRAMCHIN (133.5)	Must Buy At 132—128	140	144—148+	Bel 125	Max Profits: Unlimited	All Adag stocks have more potential to rise.
BALCHIN Put 130 (4.60)	Buy when you Buy Fut.	Hedging Position			Min Loss: Rs. 10500
PEL (2874.90)	Sell Around 2890—2950	2750	2690—2630	Abv 3010	Max Profits: Unlimited	High Risk High Gain strategy for this week.
PEL CE 2900 (62.90)	Buy when you Sell Fut.	Hedging Position
					Min Loss: Rs. 18000
Derivative- Option Strategy
ESCORTS Put 760 (16.8)	Must Buy Arnd 15—12	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Good strategy for this weeks, keep spot sl 750
ESCORTS Call 840 (13.00)	Sell 2 Lots with Put 760				Max Loss: Rs. 40000

 

Weekly News Letter (Dated 1 – 5 January 2018) Performance Report: Maximum Profit/Loss: Rs. 62500.00

SCRIPT	TRADE PRICE	TGT	PROFIT / LOSS	UNIT	NET Profit / Loss
SYNDIBANK	Buy Around 78	81.50	3.50	9000	Profit Rs. 31500.0(Super Call)
GAIL Fut.	Sell Fut. At 503	492	11	2000	Profit Rs. 22000.00
BALRAMCHI (Fut./Opt)	Buy/ Sell- 0 / 0	0 / 0	Price not Met	3500	Profit Rs. 0.00
PEL (Fut./Opt)	Sell /Buy- 2900 / 80	2850 / 60	50 – 20 = 30	300	Profit Rs. 9000.00
ESCORTS (Option)	Buy/Sell- 13 / 14	13 / 14	0 +(2*0)= 0	1100	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