Daily News Letter Dated 20th 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: 20 January 2012

NIFTY:

Last Close: 5018.40 (up 62.60)

Resistance Levels: 5050, 5125, 5200, 5280, 5350

Support Levels: 4900, 4800, 4700, 4620, 4550

SENSEX:

Last Close: 16643.74 (up 192.22)

Resistance Levels: 16850, 17100, 17300, 17500, 18000

Support Levels: 16150, 15850, 15500, 15200, 15000

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

Nifty is nearing it’s short term top and soon we can see profit booking or a downtrend. One can start selling on rise toward 5050—5100 and hold till F&O expiry.

Hot Sectors for Today: Infra & Auto.

BTST/ STBT in last trade (Fut.):

Educomp(Buy– 218.00; SL- No SL; Tgt Later)

Sesagoa (Buy– 188.40; SL- No SL; Booked At 190.50 Same Day)

Hot in Street:

Vipind,  Relinfra, Hdil, Pantaloonr, Max, Biocon, Ster, Irb, Voltas, Ncc, Ashokley,  etc.

Results Today:

Hindzinc, Exideind, Polaris, Itc, Reliance, Axisbank, Hcc, Jswsteel, Wipro etc.

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
PUNJLLOYD  (49.00)	Must Buy At 48.5—47	50	50.50—51.50	46	Good rise can be seen today, buy at dips only.
M&M  (674.40)	Buy At 674—660	686	693—700	650	Short covering can be seen, buy for 2-4 days.
Derivative- Future (Strategy for today)
KTKBANK (77.00)	Must Buy At 77—75.5	78.5	79.2—80	Bel 74.5	Max Profits: Unlimited	Sleeping tiger, any time big explosion.
……………. (……)	………………..	Hedging Position
					Max Loss: Rs 4000
SOBHA (242.45)	Buy At 242—237	247	249--251	Bel 232	Max Profits: Unlimited	Low risk for intra-day traders, Tgt 260
………….(……….)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs. 5000
Derivative- Option Strategy
RELIANC CE 800 (15.0)	Must Buy At 14—10	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 1--2 days for good profits.
RELIANC PE780  (20.0)	Buy 1 Lot with CE 800
					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 (19^th Jan 2012) Performance in all kind of equity segment calls: Maximum Profit/Loss: Rs. 112200.00  Approx.