Daily News Letter Dated 31st 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: 31 January 2012

NIFTY:

Last Close: 5087.30 (Down 117.40)

Resistance Levels: 5230 , 5300, 5400, 5500, 5650

Support Levels: 5050, 4950, 4820, 4700, 4620

SENSEX:

Last Close: 16863.30 (Down 370.68)

Resistance Levels: 17300, 17500, 17850, 18300

Support Levels: 16850, 16350, 15850, 15500

Sensex Range This Week: 16500 - 17300 above which it will touch 17500 & Below Target 16150; Resistance at 17300 closing.

As alerted Nifty has given good selling pressure in last trade. One should remain seller on every rise for downfall toward 5000—4900 in coming days. We can see even 4800—4650 in Nifty again in coming days.

Hot Sectors for Today: Infra & Banking

BTST/ STBT in last trade (Fut.):

Abb (Sell– 801; SL- No SL; Tgt Later)

 Polaris (Buy– 139.20;; SL Hit Same day At 137.50)

 Idea (Sell– 91; SL- No SL; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
LUPIN (473.00)	Must Buy At 472—462	481	485—490	455	One can buy at any dip today for good upside.
PIRHEALTH  (401.30)	Buy At 400—391	408	412—416+	385	Keep an eye, as pharma stocks are looking hot.
Derivative- Future (Strategy for today)
SBIN (1968.70)	Must Sell At 1970--2010	1930	1910—1890	Abv 2040	Max Profits: Unlimited	Profit booking will be seen, Tgt 1800.
SBIN CE 1950 (94.50)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs 3750
MARUTI  (1190.60)	Sell At 1192—1215	1170	1160—1150	Abv 1230	Max Profits: Unlimited	Panic selling can be seen, watch out.
MARUTI CE 1200(43.1)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 3750
Derivative- Option Strategy
TATAMOT PE 230(10.5)	Must Buy At 10—8	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One can trade & hold for 4-6 trading days.
TATAMOT CE250(5.85)	Sell 2 Lot with PE 230
					Max Loss: Unlimited
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	……………………

Last Trade (30^th Jan 2012) Performance in all kind of equity segment calls: Maximum Profit/Loss: Rs. 71000.00  Approx.