Daily News Letter Dated 24th 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: 24 January 2012

NIFTY:

Last Close: 5046.25 (Down 2.35)

Resistance Levels:  5080, 5140, 5230 , 5300, 5400

Support Levels: 4950, 4820, 4700, 4620, 4550

SENSEX:

Last Close: 16751.73 (Up 12.72)

Resistance Levels:  16850, 17100, 17500, 17750, 18000

Support Levels: 16350, 15850, 15500, 15200, 15000

Sensex Range This Week: 15850 - 17100 above which it will touch 17500 & Below Tgt 15500; Resis at 17100 closing.

Nifty will find hurdle at 5080 & 5140 in coming days. We advise to be cautious at rise as anytime panic selling can be seen. One can sell on every rise with hedging for good gain in next 1-2 weeks.

Hot Sectors for Today: Bank & Infra.

BTST/ STBT in last trade (Fut.):

Bhel (Sell– 282; SL- 285; Tgt Later)

Godrejind (Buy– 185.50; SL- No SL; Tgt Later)

Hot in Street:

Suzlon, Maruti, Jetairways, Ktkbank, Southbank, Ifci, Idea, Abb, Dcb, Punjlloyd, Yesbank etc.

Results Today:

Grasim, Arvind, Mrpl, Igl, Cairn, Biocon, Yesbank, ibrealest etc.

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
TATAGLOBAL (92.00)	Must Buy At 92—90	94	95—96	88	One can buy at every dip and hold for 1-2 days.
NHPC  (20.25)	Buy At 20—19.5	20.5	20.75—21	19	Worst is over for the stock for time being, Tgt 24
Derivative- Future (Strategy for today)
SESAGOA (188.00)	Must Buy At 188—184	191	192.5—194	Bel 180	Max Profits: Unlimited	Short covering can be seen buy at dips.
SESAGOA PE 180 (1.20)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
VIJAYABANK (54.75)	Buy At 54.5—53.5	55.5	56—56.5	Abv 52.5	Max Profits: Unlimited	Good pick among mid-cap banking.
VIJAYA PE52.5 (0.50)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs. 4000
Derivative- Option Strategy
SBIN PE 1950 (35.10)	Must Buy At 32—20	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for1--2 days for good profits.
SBIN CE2000  (13.00)	Buy 1 Lot with PE 1950
					Max Loss: Rs. 35000
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 (23^rd Jan 2012) Performance in all kind of equity segment calls: Maximum Profit/Loss: Rs. 115300.00  Approx.