STOCKS & OPTION IDEAS

A RESEARCH PRODUCT OF HRBV CLIENT SOLUTIONS

Stock ideas for the week

Open positions in SOI portfolio Due to the sharp correction during the

week, our SOI equity portfolio slipped into a loss this week. But we are quite

confident that this is temporary. We broadly hold our 7400-7500 range. This

week we got rid of Vedanta at a loss due to poor visibility on commodities.

Fresh positions this week – It may sound ironic but we are adding two PSU

banks this week. We are adding SBI and PNB. SBI has lost 50% this year and

PNB has lost nearly 70%. Considering their reach and dividend yield, there is a

case for adding these two PSU banks. We also expect a PSU bank push in the

Union Budget 2016-17 to be announced this February 29th.

NAKED OPTION BUYING IDEAS FOR THE WEEK

Open Options in SOI portfolio– We suggest closing out the BPCL put at a

loss as we are not too negative on markets at these levels. We are also booking

loss on Axis 430 call as it is deeply out-of-the-money. We are holding on to our

other call options on Sun Pharma, Tata Motors and we stay positive.

Fresh positions this week – While we continue to be positive on Axis Bank,

we see no point in holding to OTM calls. We have hence replaced our 430 call

with an Axis 380 call. We have also added a call option on Tech Mahindra on

the back of likely re-rating of these tech stocks post the Infosys results.

SYNTHETIC F&O IDEAS FOR THE WEEK

Our Open F&O hybrids In our Axis/ICICI long/short, we have booked

profits in ICICI short and averaged our Axis long. In the Bharti protective call,

we booked profits on the 330 Put and replaced it with a 300 Put. We are

holding on to our protective put on Lupin as we expect a bounce on the stock.

Fresh positions for the week – We have added a protective put on Reliance

Capital. The market carnage has led to the correction in RCAP and we find it at

an attractive price point. We expect the stock to bounce back shortly on the

back of news flows but are attaching a put as a precautionary measure.

Issue Date – January 16th 2016 Managing Editor – T S Harihar

Nifty: Jan 11 – Jan 15 (Source – Yahoo)

Disclaimer: This report is brought to you by Tradeplus in association with HRBV Client Solutions. The Information contained in this report is solely for information

purpose and may not be used as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments. The investment as

mentioned and opinions expressed in this report may not be suitable for all investors. In rendering this information, we assumed and relied upon, without independent

verification, the accuracy and completeness of all information that was publicly available to us. The information has been obtained from the sources that we believe to

be reliable as to the accuracy or completeness. While every effort is made to ensure the accuracy and completeness of information contained, we take no guarantee

and assume no liability for any errors or omissions of the information. This information is given in good faith and we make no representations or warranties, express or

implied as to the accuracy or completeness of the information. No one can use the information as the basis for any claim, demand or cause of action.

NIFTY BREAKS BELOW A

CRITICAL SUPPORT LEVEL

On Friday, the Nifty closed

below 7500. Global factors like

Oil, China slowdown and US

cues led the carnage. During

the week, Nifty broke the 7500

mark twice and closed above

the mark, before succumbing

on Friday. Next few days will be

very critical. Although, there is

value in Indian markets, global

cues may continue to dominate.

It will be better to wait for the

market to stabilize before taking

any directional view. While

being short may be unwise, be

cautious on the long side too.

Name of Stock / Position /

Strategy

Shares

Bought

Recommend

Price

Current

Market Price Notional Profits

Actual Profit

Booked Call to Action

Equity Stock Quantity Buy Price Market Price MTM Profits Actual Profits Comment

Asian Paints 0 780.10 853.00 72,900 Profit Booked

Oil India 0 458.00 520.00 62,000 Profit Booked

Idea 0 176.00 180.00 4,000 Profit Booked

Lupin 0 1,873.00 1,973.00 2,00,000 Profit Booked

LIC Housing Finance 0 430.00 477.00 47,000 Profit Booked

Glenmark Pharma 0 853.00 947.00 94,000 Profit Booked

Just Dial 0 1,079.00 1,194.00 1,15,000 Profit Booked

Shriram Transport 0 822.00 899.00 77,000 Profit Booked

M&M Finance 0 263.00 266.50 3,500 Profit Booked

Cairn India 0 181.00 136.70 -44,300 Loss Booked

Tata Motors 0 410.00 405.00 -10,000 Loss Booked

Bank of Baroda 0 149.00 187.00 38,000 Profit Booked

MRPL Ltd. 0 60.27 55.90 -13,110 Loss Booked

Ashok Leyland 0 75.00 95.20 20,200 Profit Booked

Tata Steel 0 255.00 253.00 -4,000 Loss Booked

State Bank of India 0 263.00 267.50 4,500 Profit Booked

India Cements 0 92.60 77.20 -30,800 Loss Booked

NMDC 0 103.00 104.40 2,800 Profit Booked

ONGC 0 258.00 234.25 -47,500 Loss Booked

Motherson Sumi 0 344.00 292.00 -52,000 Loss Booked

UPL 1500 519.88 390.00 -1,94,820 **Averaged**

Jubilant Life Sciences 0 368.00 380.00 12,000 Profit Booked

SPARC 1500 406.18 292.50 -1,70,520 **Averaged**

Strides Arcolabs 0 1,350.00 1,398.00 24,000 Profit Booked

Marico 0 430.00 453.90 23,900 Profit Booked

GAIL Ltd 0 288.00 294.00 6,000 Profit Booked

State Bank of India 0 225.00 240.70 9,420 Profit Booked

Axis Bank 0 518.00 505.00 -5,200 Loss Booked

Kotak Bank 0 663.25 661.00 -900 Loss Booked

Lupin 1000 1,879.00 1,705.25 -1,73,750 **Averaged**

Sobha 0 313.00 309.80 -2,560 Open, Hold

Titan 0 353.00 373.00 16,000 Profit Booked

Coal India 0 336.00 333.00 -3,000 Loss Booked

Bharti Airtel 0 334.00 340.50 6,500 Profit Booked

Axis Bank 1400 458.00 372.85 -1,19,210 **Averaged**

Sun Pharmaceuticals 0 725.00 755.00 21,000 Open, Hold

Asian Paints 0 829.00 863.95 17,475 Profit Booked

Ashok Leyland 0 96.00 90.85 -16,000 Loss Booked

SKS Micro 0 452.00 477.60 25,600 Profit Booked

Tata Motor DVR 0 283.00 295.90 12,900 Profit Booked

Kotak Bank 0 660.00 705.50 22,750 Profit Booked

Power Grid 0 135.00 141.60 13,200 Profit Booked

Tata Power 0 64.50 68.85 17,400 Profit Booked

Vedanta 0 92.00 72.75 -77,000 Loss Booked

NMDC 0 91.00 88.75 -9,000 Profit Booked

Bharti Infratel 800 423.00 387.60 -28,320 Open, Hold

Petronet LNG 800 258.00 251.85 -4,920 Open, Hold

Reliance Communications 2000 82.00 73.45 -17,100 Open, Hold

Reliance Power 3000 58.00 50.75 -21,750 Open, Hold

DLF 2000 111.00 99.00 -24,000 Open, Hold

SBI 1000 183.00 183.00 0 Open, Hold

Punjab National Bank 2000 91.00 91.00 0 Open, Hold

AN EVALUATION OF EQUITIES RECOMMENDED IN "STOCK & OPTIONS IDEAS" 2015-16

Consolidated Summary of Cash Equities positionsPortfolio

Outlay

Portfolio MTM

Profits / losses

Actual Booked

Profits / losses

Return on

Investment

Average Portfolio Allocation - INR 5 million (+/- 10%) 53,79,090 -7,54,390 6,53,675 -1.87%

General Comments

* The endeavour is to keep the portfolio outlay between Rs.45 lakh and Rs. 55 lakh

* Once the outlay is utilized, then only sale proceeds are used to re-allocate

* The focus of SOI Equities is more on momentum rather than on long term value

* Where quality stocks correct, they are averaged to bring the cost down

* The ROI at the bottom is a combination of actual and MTM profit / loss

Option Contract Lot Size Buy Price Market Price MTM Profits Actual Profits Comment

Buy Infy Apr 2300CA 250 43.50 1.00 -10,625 Loss Booked

Buy LT Apr 1700 CA 250 44.50 100.00 13,875 Profit Booked

Buy RIL May 920CA 250 26.00 0.00 -6,500 Call Expired

Buy TCS May 2700 CA 125 14.00 0.00 -1,750 Call Expired

Buy Infy May 2100 CA 250 30.00 0.00 -7,500 Call Expired

Buy Nifty May 8500 CA 25 50.00 0.00 -1,250 Call Expired

Buy SRTF May 900 CA 250 6.00 0.00 -1,500 Call Expired

Buy TTMT June 480 CA 505 14.00 0.10 -7,020 Call Expired

Buy DLF June 125 CA 2000 3.70 0.10 -7,200 Call Expired

Buy HDFCB June 1060 CA 500 20.00 0.10 -9,950 Call Expired

Buy ICICI June 290CA 1250 6.00 16.00 12,500 Profit Booked

Buy TCS Jun 2500 PA 125 24.00 0.10 -2,988 Call Expired

Buy Infy Jun 975 PA 250 8.00 0.10 -1,975 Adj for Bonus

Buy SUNP Jul 880 CA 250 22.00 40.00 4,500 Profit Booked

Buy HCLT Jul 1000 CA 250 20.00 3.60 -4,100 Closed out

Buy SBI Jul 270 CA 1000 6.00 2.00 -4,000 Closed out

Buy Nifty Jul 8450 PA 25 110.00 104.00 -150 Closed out

Buy BOB Jul 160 CA 2000 3.25 7.00 7,500 Profit Booked

Buy YESBANK Jul 800 PA 250 19.00 26.00 1,750 Profit Booked

Buy SUNP Aug 840 CA 250 19.00 35.00 4,000 Profit Booked

Buy ICICI Aug 300 CA 1000 10.00 17.45 7,450 Profit Booked

Buy BPCL Aug 960 PA 500 32.00 93.60 30,800 Profit Booked

Buy Tata Steel Aug 250 CA 1000 4.75 1.00 -3,750 Loss Booked

Buy TCS Aug 2650 PA 125 35.00 121.00 10,750 Profit Booked

Buy SBI Aug 280 CA 1000 10.00 2.00 -8,000 Loss Booked

Buy Cipla Sep 700 CA 500 11.00 1.00 -5,000 Loss Booked

Buy BPCL Sep 880 PA 500 35.00 55.00 10,000 Profit Booked

Buy YESBANK Sep 700 CA 250 34.00 50.00 4,000 Profit Booked

Buy IndusInd Sep 860 CA 250 24.00 47.00 5,750 Profit Booked

Buy ONGC Sep 240 CA 1000 11.00 4.00 -7,000 Loss Booked

Buy HDFCB Sep 980 PA 250 16.00 1.00 -3,750 Loss Booked

Buy LT Sep 1500 PA 250 26.00 38.00 3,000 Profit Booked

Buy Lupin Oct 2100 CA 125 35.00 5.00 -3,750 Loss Booked

Buy Tata Motors Oct 310 CA 500 14.00 53.00 19,500 Profit Booked

Buy Axis Bank Oct 520 CA 500 20.00 3.00 -8,500 Loss Booked

Buy Maruti Oct 4500 PA 125 80.00 258.00 22,250 Profit Booked

Buy M&M Oct 1200 PA 500 9.00 2.00 -3,500 Loss Booked

Buy SBI Oct 260 CA 1000 3.60 1.50 -2,100 Loss Booked

Buy RIL Nov 980 CA 1000 15.00 11.00 -4,000 Loss Booked

Buy Nifty Nov 8400 CE 600 26.00 4.50 -12,900 Loss Booked

Buy Kotak Nov 700 CA 1400 8.75 2.00 -9,450 Loss Booked

Buy DRREDDY Nov 4400 CA 150 64.00 2.50 -9,225 Loss Booked

Buy Axis Bank Nov 500 CA 2000 5.10 2.00 -6,200 Loss Booked

Buy Yes Bank Nov 740 CA 700 16.00 12.00 -2,800 Loss Booked

Buy Tata Motors Dec 400 PA 1500 11.00 16.00 7,500 Profit Booked

Buy Maruti Dec 4700 PA 125 95.00 186.00 11,375 Profit Booked

Buy Nifty Dec 7800 PA 75 72.00 165.00 6,975 Profit Booked

Buy BOB Dec 180 PA 3100 7.00 14.00 21,700 Profit Booked

Buy BPCL Dec 880 PA 600 12.00 18.00 3,600 Profit Booked

Buy UPL Dec 440 CA 1000 10.00 6.20 -3,800 Loss Booked

Buy Oil India Dec 390 PA 1200 6.00 16.00 12,000 Profit Booked

Buy Tata Steel Dec 250 CA 2000 5.00 5.30 600 Profit Booked

Buy Infy Dec 1060 CA 500 18.00 39.00 10,500 Profit Booked

Buy Lupin Dec 1800 CA 300 26.00 50.00 7,200 Profit Booked

Buy Sun Pharma Dec 760 CA 600 16.00 33.00 10,200 Profit Booked

Buy M&M Dec 1220 PA 400 8.00 1.00 -2,800 Loss Booked

Buy BEML Dec 1300 CA 500 12.00 17.80 2,900 Profit Booked

Buy RELIANCE Dec 980 PA 500 8.00 0.70 -3,650 Loss Booked

AN EVALUATION OF OPTIONS RECOMMENDED IN "STOCK & OPTIONS IDEAS" 2015-16

Buy RCAP Jan 440 CA 1500 9.00 37.00 42,000 Profit Booked

Buy Tata Global Jan 145 CA 4000 4.50 5.55 4,200 Profit Booked

Buy ONGC Jan 240 PA 2000 5.00 16.30 22,600 Profit Booked

Buy BPCL Jan 880 PA 600 12.00 7.00 -3000 Loss Booked

Buy M&M Jan 1240 PA 400 19.00 39.50 8,200 Profit Booked

Buy Sun Pharma Jan 820 CA 600 10.00 8.40 -960 Open Position

Buy Tata Motors Jan 360 CA 1500 9.00 4.60 -6,600 Open Position

Buy Axis Bank Jan 430 CA 1000 7.00 1.90 -5,100 Loss Booked

Buy Tech Mah Jan 530 CA 1000 6.00 6.00 - Open Position

Buy Axis Bank Jan 380 CA 1000 10.00 10.00 - Open Position

Book Profits Actual Profits Overall Profits

Consolidated Summary of Naked Options positions -7,560 1,54,393 1,46,833

General Comments

* Generally it is assumed that only 1 lot of each recommendation is purchased

* Positions may be in calls or puts based on view, but options will only be bought

* The MTM profits and the Actual booked profits are shown at the bottom

* The Comment column shows the status of the option position

* Recommendations are given on Friday close price, but buying at Monday price

* Option prices as of Friday are adjusted for weekend time decay on Monday..

* Book Profits shows the notional profit / loss of open positions

* Actual Book profits is the sum total of the profit / loss that has been booked

* Overall profits shows the consolidated picture of open and closed positions

Legend

* CA refers to call options on stocks

* CE refers to call options on Indices

* PA refers to put options on stocks

* PE refers to put options on indices

* The Option Position has 5 components

* First is the Recommendation (BUY)

* Second is the stock or index that is the underlying

* Third is the specific contract or series

* Fourth is the specific strike for the option

* Fifth shows whether it is a call or a put option

Strategy Description Lot Size Buy Price Market Price MTM Profits Actual Profits Comment

IndusInd Bank Strangle Pay off of the consolidated strategy 4,200.00 Profit Booked

Buy April 900 CA 500 6 1.4 -2,300.00

Buy April 860 PA 500 15 28 6,500.00

Buy SBI Strangle Pay off of the consolidated strategy -7,500.00 Loss Booked

Buy April 260 PA 1250 5 2 -3,750.00

Buy April 270 CA 1250 10 7 -3,750.00

BPCL Protective Call Pay off of the consolidated strategy 8,400.00 Profit Booked

Sell BPCL Apr Fut 500 789.00 825 18,000.00

Buy Apr 820CA 500 23 3.8 -9,600.00

Buy Sun Covered Call Pay off of the consolidated strategy 6,075.00 Profit Booked

Buy Sun Pharma May Fut 250 943 959 4,000.00

Sell 1100 May CA 250 0.7 9 2,075.00

Buy Nifty Protective Put Pay off of the consolidated strategy 2,750.00 Profit Booked

Buy Nifty May Futures 25 8250 8408 3,950.00

Buy Nifty 8000 PA 25 60 12 -1,200.00

Buy TTMT double bull Pay off of the consolidated strategy -33,835.00 Loss Booked

Buy TTMT May Futures 505 523 477 -23,230.00

Sell May TTMT 500 Put 505 28 7 -10,605.00

Buy SBI May Strangle Pay off of the consolidated strategy -5,625.00 Loss Booked

Buy SBI May 270 PA 1250 2.25 0 -2,812.50

Buy SBI May 280 CA 1250 2.25 0 -2,812.50

Protective put on L&T Pay off of the consolidated strategy 5,512.50 Profit Booked

Buy LT Jun Futures 125 1695 1758 7,875.00

Buy LT Jun 1650 PA 125 20 1.1 -2,362.50

Nifty Long Strangle Pay off of the consolidated strategy 1,500.00 Profit Booked

Buy Nifty Jun 8000 CA 25 70 169 2,475.00

Buy Nifty Jun 7900 PA 25 50 11 -975.00

Call Spread on Reliance July

Series Pay off of the consolidated strategy 3,750.00 Profit Booked

Buy RIL Jul 1000 CA 250 33 57 6,000.00

Sell RIL Jul 1040 CA 250 27 18 -2,250.00

Long Strangle on Infosys July

Series Pay off of the consolidated strategy 4,925.00 Profit Booked

Buy Infosys Jul 1020 CA 250 32 9.7 -5,575.00

Buy Infosys Jul 980 PA 250 23 65 10,500.00

Downstream / Upstream

long short strategy Pay off of the consolidated strategy 11,100.00 Profit Booked

Buy BPCL Jul 880 CA 500 24 36 6,000.00

Buy ONGC Jul 300 PA 1000 9.5 14.6 5,100.00

Protective put strategy on

Tata Motors Pay off of the consolidated strategy 11,145.00 Profit Booked

Roll to TTMT Oct Futures 1000 359.38 357.00 -2,380.00

Buy TTMT Aug 370 PA 500 8.00 18.05 5,025.00

Buy TTMT Sep 350 PA 500 10 27 8,500.00

Protective Put strategy on

Vedanta Ltd. Pay off of the consolidated strategy 11,800.00 Booked Profits

Roll to VEDL Sept Futures 4000 114.05 103.00 -44,200.00

EVALUATION OF F&O HYBRIDS RECOMMENDED IN "STOCK & OPTIONS IDEAS" 2015-16

Buy VEDL Aug 130 PA 2000 6.00 27.00 42,000.00

Buy VEDL Sep 100 PA 2000 3.00 10.00 14,000.00

Protective Put strategy on

Gail Ltd. Pay off of the consolidated strategy 25,500.00 Profit Booked

Roll to GAIL Oct Futures 2000 327.00 325.00 -4,000.00

Buy GAIL Aug 340 PA 1000 4.00 10.50 6,500.00

Buy GAIL Aug 330 PA 1000 3 26 23,000.00

Oil India / BPCL - Long / Short

strategy Pay off of the consolidated strategy 21,000.00 Profit Booked

Buy Oil India Oct Futures 1000 443.00 457.00 14,000.00

Sell BPCL Oct Futures 1000 851.00 858.00 7,000.00

Infosys / TCS - Long / Short

strategy Pay off of the consolidated strategy 6,625.00 Profit Booked

Buy Infosys Sep Futures 250 1,118.00 1,142.00 6,000.00

Sell TCS Sep Futures 125 2,575.00 2,580.00 625.00

HCL Tech / TCS - Long Short

strategy Pay off of the consolidated strategy 16,250.00 Profit Booked

Buy HCL Tech Oct Futures 250 860.00 839.00 -5,250.00

Sell TCS Oct Futures 125 2,468.00 2,640.00 21,500.00

Protective Call strategy on

L&T Pay off of the consolidated strategy 7,000.00 Profit Booked

Sell L&T Oct Futures 125 1,528.00 1,610.00 10,250.00

Buy L&T Oct 1600 CA 125 30.00 4.00 -3,250.00

Protective Put Strategy on

RCOM Pay off of the consolidated strategy -4,400.00 Loss Booked

Buy RCOM Oct Futures 4000 81.10 76.00 -20,400.00

Buy RCOM Oct 82.5 PA 4000 3.00 7.00 16,000.00

Protective Put Strategy on

GAIL Pay off of the consolidated strategy 28,000.00 Booked Profits

Buy GAIL Nov Futures 2000 304.00 311.00 14,000.00

Buy GAIL Oct 330 PA 1000 5.00 19.00 14,000.00

Protective Call Strategy on

Larsen & Toubro Pay off of the consolidated strategy 15,105.00 Booked Profits

Sell L&T Nov Futures 300 1,333.00 1,410.00 23,100.00

Buy L&T Nov 1450 CA 300 30.00 3.35 -7,995.00

Upstream / Downstream

long short strategy Pay off of the consolidated strategy 36,400.00 Profit Booked

Buy RIL Dec Futures 2000 956.00 973.00 34,000.00

Sell HPCL Dec Futures 2400 814.00 815.00 2,400.00

Protective Call Strategy on

BPCL Pay off of the consolidated strategy 1,800.00 Profit Booked

Sell BPCL Nov Futures 600 903.00 910.00 4,200.00

Buy BPCL Nov 940 CA 600 5.00 1.00 -2,400.00

Long Short Strategy on

Private Banks Pay off of the consolidated strategy -98,800.00 75,820.00 Rolled over to Jan

Buy Axisbank Jan Futures 2000 423.00 373.60 -98,800.00 Averaged

Sell ICICI Bank Jan Futures 1700 226.00 270.60 75,820.00 ICICI Short Closed

Long Short Strategy on

Automobile Stocks Pay off of the consolidated strategy 24,500.00 Profit Booked

Buy BajajAuto Dec Futures 200 2,455.00 2,465.00 2,000.00

Sell TAMO Dec Futures 1500 403.00 418.00 22,500.00

Long Strangle on Reliance

Industries Ltd. Pay off of the consolidated strategy 14,650.00 Profit Booked

Buy Reliance Dec 1000 CA 1000 11.00 12.65 1,650.00

Buy Relianec Dec 980 PA 500 20.00 46.00 13,000.00

Options Long / Short strategy

on Infy / TCS Pay off of the consolidated strategy 9,200.00

Buy Infy Dec 1060 CA 1000 30.00 44.00 14,000.00 Profit Booked

Buy TCS Dec 2300 PA 400 13.00 1.00 -4,800.00

Protective Put on Bharti

Airtel Pay off of the consolidated strategy -38,700.00 25,200.00

Buy Bharti Jan Futures 1200 339.00 305.00 -40,800.00 Future Open

Buy Bharti 330 Jan Put 1200 6.00 27.00 25,200.00 Strike 330PA closed

Buiy Bharti 300 Jan Put 1200 6.00 7.75 2,100.00 New Put added

Protective call strategy on

ONGC Pay off of the consolidated strategy 19,600.00 Profit Booked

Sell ONGC Jan Futures 2000 222.00 235.00 26,000.00

Buy ONGC Jan 240 Call 2000 5.00 1.80 -6,400.00

Long Strangle on Tata Motors Pay off of the consolidated strategy 17,700.00 Profit Booked

Buy TAMO Jan 410 Call 1500 10.00 1.00 -13,500.00

Buy TAMO Jan 390 Put 1500 7.00 27.80 31,200.00

Protective Put Strategy on

Lupin Ltd. Pay off of the consolidated strategy 1,980.00 Call Open

Buy Lupin Jan Futures 300 1,708.00 1,712.00 1,200.00

Buy Lupin Jan 1650 Put 300 20.00 22.60 780.00

Protective Put Strategy on

Reliance Capital Pay off of the consolidated strategy 0.00 Call Open

Buy RCAP Jan Futures 1500 367.00 367.00 0.00

Buy RCAP 360 Put 1500 7.00 7.00 0.00

MTM Profits Actual Profits Overall Profits

Consolidated Summary of F&O Synthetic positions -1,35,520 3,64,148 2,28,628

General Comments

* Where a price range is recommended, the mid point is considered as the cost

* For F&O Synthetic positions we have considered 1 lot for the strategy as a whole

* Call to Action tells you if the profit is booked or to hold or to stop out

* Hybrids may be averaged or rolled over to next contract

* When positions are rolled, the roll cost is added to the buying cost

* Option prices as of Friday are adjusted for weekend time decay on Monday..

* The cells marked in Purple represent non-editable transactions