Daily News Letter Dated 17th 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: 17 February 2012

NIFTY:

Last Close: 5521.95 (Down 10.00)

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

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

SENSEX:

Last Close: 18153.99 (Down 48.42)

Resistance Levels: 18000, 18300, 18700, 19000

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

Market will show both side movements and possible downside in last hour of trade. Nifty has resistance at 5550—5600 & support at 5500—5450 for trend to change & favor bulls or bear.

Hot Sectors for Today: Metal & IT.

BTST/ STBT in last trade (Fut.):

Ster (Buy– 128.70;  Book Partial At 130 Sameday) Ioc (Buy– 270.50;  Book Partial At 272.40 Sameday)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
POLARIS  (162.50)	Must buy At 162--159	165	166.5—168	157	IT stocks can show upside, but trade with trend.
RAYMOND (376.70)	Buy At  376—370	382	385—388	367	All textile stocks are looking hot for good upside.
Derivative- Future (Strategy for today)
TATAMOTORS (277.15)	Must Buy At 277—272	282	284—286	Bel 270	Max Profits: Unlimited	One can trade today with hedging of PE270.
TATAM PE 270  (3.00)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
HINDALCO (155.00)	Buy At 155—152	158	159.5—161	Bel 150	Max Profits: Unlimited	A bounce can be seen with the mkt, Tgt 162.
HINDA PE 150 (2.40)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs. 4000
Derivative- Option Strategy
TATASTL CE 480 (10..0)	Must Buy At 9—6	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade & hold for 4-6 days 4 good gain.
TATASTL CE 500 (3.85)	Sell 2 Lot with CE 480
					Max Loss: Rs. 5000
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	……………………

Last Trade (16^th Feb 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 45000.00 Approx.