Weekly News Letter
Date : 30 Apr – 4 May 2018
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
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Support & Resistance
Last Close: 10692.30 (Up 128.25)
Resistance Levels: 10700, 10850, 11200, 11400, 11600
Support Levels: 10400, 10200, 10000, 9800, 9600
Last Close: 34969.70 (Up 554.12)
Resistance Levels: 35000, 35500, 36500, 37300, 38000
Support Levels: 34000, 33200, 32500, 31800, 31000
Sensex Range This Week: 34000—36000 above which it will touch 37000+ & Below Target 33000; Good Resistance Closing Abv 35000.
Nifty will face tough resistance around 10700—10750 closing above which all time new high will be seen soon. Any short positions should be covered at any dip in Nifty toward 10600—10550 this week if Nifty manages to close above 10750 any day this week. All Adag, Telecom, Oil marketing & pharma stocks can show good short covering with the market. Hot sectors this week: R-Group & IT.
Hot picks for this week:
RCOM, SUNPHARMA, CADILAHC, BATAINDIA, TATAMOTOR, IDEA, HINDUNILVR, NIITTECH, TECHM, MARUTI, JUBLFOOD, AXISBK etc.
Last week's profits: RCOM – Rs. 81200.00
CHOLAFIN Fut. – Rs. 62500.00
BATAINDIA Fut. - Rs. -5500.00
MINDTREE Fut. - Rs. 66000.00
NIFTY (Options) – Rs. 10550.00
Trading picks for this week:
SCRIP NAME (CMP)
TGT 2 & 3
Hot picks for this week
Must Buy Arnd 15.5--15
Though stk has fallen but bounce will be quick
Sell Fut. At 1760-1800
Limited upside left sell with hedging call option
Derivative- Future (Strategy for this week)
Must Buy At Openign
Max Profits: Unlimited
Go long at any dip till 780 for bounce to 900+
BATAIND Put 780 (19.5)
Buy when you Buy Fut.
Min Loss: Rs. 20000
Sell Around 1050-1075
Max Profits: Unlimited
High Risk High Gain strategy for this week.
MINDT CE 1060 (35.0)
Buy when you Sell Fut.
Min Loss: Rs. 30000
Derivative- Option Strategy
NIFTY PE 10700 (131.8)
Must Buy Arnd 110-70
Options Trading strategy with High Risk- High Gain.
Max Profits: Unlimited
Good strategy for this week, keep spot SL 11000
NIFTY CE 10900 (57.25)
Sell 1 Lot with Pe 10700
Min Loss: Rs. 15000
Weekly News Letter (Dated 30 Apr – 4 May 2018) Performance Report: Maximum Profit/Loss: Rs. 214750.00
PROFIT / LOSS
NET Profit / Loss
Buy Around 15
Profit Rs. 81200.0(Super Call)
Sell Fut. At 1770
Profit Rs. 62500.0(Super Call)
Buy/ Sell- 805 / 18
790 / 28
– 15 + 10 = -5
Loss Rs. 5500.00
Sell /Buy- 1090 / 55
1005 / 25
85 – 30= 55
Profit Rs. 66000.0(Super Call)
Buy/Sell- 100 / 80
160 / 40
60+(2*40) = 140
Profit Rs. 10550.00
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.
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