Daily News Letter Dated 10th February 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: 10 February 2012

Last Close: 5412.355 (Up 44.20)

Resistance Levels: 5450, 5500, 5580, 5650, 5800

Support Levels: 5320, 5200, 5050, 4950, 4820

SENSEX:

Last Close: 17830.75 (Up 123.43)

Resistance Levels: 18000, 18300, 18700, 19000

Support Levels: 16650, 16300, 16850, 16350, 15850

Nifty has given breakout above 5400 but major global news will be real driver for market. Soon we are going to see rollover from next week, which can show high volatility. We remain highly cautious at every rise & will prefer selling at rise.

Hot Sectors for Today: Bank & Infra.

BTST/ STBT in last trade (Fut.):

Hdil (Sell– 88.50; SL- No SL; Holding For One More Day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
IDFC (138.30)	Must Sell At 138.5-141	135	133.5—132	143	One can sell at rise today buy hedge with CE 140
PUNJLLOYD (59.45)	Buy At  59—58	60	60.5—61	57	Stock is looking good for upside toward 65—70+
Derivative- Future (Strategy for today)
RELCAPITAL (423.50)	Must sell At 425—434	416	412—408	Abv 440	Max Profits: Unlimited	Good pick for intra-day traders, keep SL.
RELCAP CE 440 (15.50)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs 3000
AXISBANK  (1137.35)	Sell At 1140—1160	1120	1110—1100	Abv 1175	Max Profits: Unlimited	News based selling can take place after a rise.
AXISBK CE 1140 (33.0)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 3750
Derivative- Option Strategy
INFY PE 2800  (39.00)	Must Buy At 38—30	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade & hold for 4-6 days 4 good gain.
INFY CE 2900 (19.00)	Sell 2 Lot with PE 2800
					Max Loss: Rs. 5000
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	……………………

Last Trade (9th Feb 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 48500.00Approx.