Daily News Letter Dated 18th January 2012-Gain from us. Visit: http://www.ibnservice.com/ OR http://ibnservices.blogspot.com/ OR http://nse-bse.blogspot.com/ OR http://mcx-ncdex.blogspot.com/

 

Daily News Letter

Date: 18 January 2012

NIFTY:

Last Close: 4967.30 (up 93.40)

Resistance Levels: 5000, 5050, 5125, 5200, 5350

Support Levels: 4800, 4700, 4620, 4550, 4350

SENSEX:

Last Close: 16466.05 (up 276.69)

Resistance Levels: 16600, 16850, 17100, 17500, 18000

Support Levels: 15850, 15500, 15200, 15000, 14500

Sensex Range This Week: 15500 - 16500 above which it will touch 16850 & Below Tgt 15000; Resis at 16300 closing.

BTST/ STBT in last trade (Fut.):

IOC (Buy– 269.65; SL- No SL; Tgt Later)

Hot in Street:

Jetairways,  Hdil,  Maruti, Voltas,  Aban, Tatasteel, Lt, Unitech, Kfa, Hcltech, Jppower  etc.

Results Today:

Jindalsteel & power, Raymond,  Tatacoffee, Mindtree, Digjam, Premier etc.

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
IFCI  (25.70)	Must Buy At 25.5—25	26	26.25-26.5	24.5	Something big coming for rise toward 27—29+.
DLF  (198.20)	Buy At 198—194	202	204—206	192	Still some steam left for rise toward 210—220+
Derivative- Future (Strategy for today)
ABGSHIP (405.00)	Must Buy At 405-397	413	417-420	Bel 392	Max Profits: Unlimited	Good pick for intra day traders, Tgt 420
…………….(……)	………………..	Hedging Position
					Max Loss: Rs 5000
PETRONET (158.45)	Buy At 158—155	161	162.5--164	Bel 153	Max Profits: Unlimited	Stock can show a bounce toward 170.
PETRON PE150 (2.00)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs. 4000
Derivative- Option Strategy
M&M 720 (10.90)	Must Buy At 10—8	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 2--4 days for good profits.
M&M 680  (5.90)	Sell 2 Lot with CE 720
					Max Loss: Rs. 5000
Investment Pick (Long Term)
ESCORTS(500495) (78)	Must Buy At 75—70	90	100—110	Buy in bulk for medium to long term rise of 50—70%.

Last Trade (17^th Jan 2012) Performance in all kind of equity segment calls: Maximum Profit/Loss: Rs. 177785.00  Approx.