Daily News Letter
Date: 19 May 2017
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
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Perf: http://nse-bse.blogspot.in; http://mcx-ncdex.blogspot.in
Last Close: 9429.45 (Down 96.30)
Resistance Levels: 9550, 9650, 9800, 10000, 10300
Support Levels: 9150, 9000, 8700, 8400, 8200
Last Close: 30434.79 (Down 223.98)
Resistance Levels: 30700, 31000, 31500, 32000, 33000
Support Levels: 29500, 29000, 28000, 27000, 26300
Sensex Range This Week: 29000—30500 above which it will touch 32000+ & Below Target 27500; Good Support Closing Below 27500.
BTST/ STBT in last trade (Fut.):
No Call (Buy –0, SL – No SL, Tgt –0)
Top 10 Equity Derivatives in the Last Session:
Jpassociat, Cumminsind, Ceatltd, Tcs, Wipro, Hexaware, Infy, Sunpharma, Colpal, Niftyit etc.
Short term downside has been initiated in the market and Nifty can dip toward 9320—9250 soon if not crosses & closes above 9500 again. The days ahead can be highly volatile with unwinding of long positions with F&O expiry this month. Nifty has crucial support around 9200 and if broken then more panic can be seen. Hot Sectors For Today: Power & IT.
Trading picks for today:
SCRIP NAME (CMP)
Buy C/Fut. At 46—45
Keep an eye on all power stocks for huge upside
Sell C/Fut. At 256—260
Profit booking can be seen in all IT stocks today
Derivative- Future (Strategy for today)
Must Buy At 275—272
Max Profits: Unlimited
Good days ahead, go long with hedge if opt.
COALIND Put 270 (1.20)
Buy when you Buy Fut.
Max Loss: Rs. 5100
Sell Around 525—531
Max Profits: Unlimited
High Risk High Gain strategy for 1—2 Days
WIPRO Call 530 (4.05)
Buy when you Sell Fut.
Max Loss: Rs. 6000
Derivative- Option Strategy
RCOM CALL 32.50 (0.40)
Buy Around 0.35—0.25
Options Trading strategy with High Risk-- High Gain.
Max Profits: Unlimited
Trade the given strategy for 4-6 Day, No SL.
RCOM PUT 30 (0.40)
Buy 1 Lots with Call 32.5
Max Loss: Rs. 10000
RCOM (NSE) (34.40)
Accumulate Arnd 33—30
A good pick for medium to long term, limited downside.
Monthly trading picks:
Monthly trading picks for May 2017
Buy Around 84—80
Booked 50% profits around 93 on 12 May.
Last Trade (17th May 2017) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 86904.00 Approx.
Weekly Equity Performance Report (15th – 19th May 2017):
Monthly Performance Equity Calls (April):
Monthly Performance Nifty/ Bank Nifty Calls (April):
Monthly Performance Commodity Calls (April):
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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, 2nd Floor, Bal Udhayan Road, Uttam Nagar, New Delhi-110059, India.
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