Daily News Letter Dated 21st 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: 21 February 2012
NIFTY:
Last Close: 5564.30 (Up 42.35)
Resistance Levels: 5650, 5800, 5900, 6050, 6200
Support Levels: 5450, 5320, 5200, 5050, 4950
SENSEX: s
Last Close: 18289.35 (Up 135.36)
Resistance Levels: 18650, 19100, 19500, 20000, 20500
Support Levels: 18000, 17500, 17100, 16600, 16300
Nifty may open strong toward 5600 again but a hurdle will be seen at 5620 above which it will open for 5800+ in coming days. We will see sharp swings for next 2 days due to F&O expiry & rollover.
Hot Sectors for Today: Oil-Gas & Auto.
BTST/ STBT in last trade (Fut.):
Hdfcbank (Buy– 527; Exited At 528 Sameday)
Relcapital (Sell– 453; Book 50% At 440 Sameday)
SCRIP NAME (CMP) | ENTRY LEVEL | TGT1 | TGT2—3 | SL | COMMENTS | ||
Hot Today | |||||||
ESCORTS (87.65) | Must buy At 87.5--86 | 89 | 90—91 | 84.5 | One of the best pick among mid-cap auto sector. | ||
INDIACEM (103.70) | Buy At 103.50—101 | 105.50 | 107—109 | 100 | Cement stocks are looking hot for good upside. | ||
Derivative- Future (Strategy for today) | |||||||
EDUCOMP (233.85) | Must Buy At 233—228 | 237 | 239—241 | Bel 225 | Max Profits: Unlimited | Very low risk stock for intra-day traders. | |
EDUCOMP PE 230 (4.1) | Buy when you buy Fut. | Hedging Position | |||||
Max Loss: Rs 3000 | |||||||
RELPOWER (127.95) | Sell At 128—131 | 125 | 123.5—122 | Abv 132.5 | Max Profits: Unlimited | Profit booking can be seen from higher levels. | |
RPOWER CE 130 (3.50) | Buy when you sell Fut. | Hedging Position | |||||
Max Loss: Rs. 6000 | |||||||
Derivative- Option Strategy | |||||||
TATAMOT CE 280 (3.4) | Must Buy At 3—2 | Options Trading strategy with High Risk- High Gain. | Max Profits: Unlimited | One should trade & hold for 2-3 days 4 good gain. | |||
TATAMOT PE260(0.85) | Buy 1 Lot with CE 280 | ||||||
Max Loss: Rs. 6000 | |||||||
Investment Pick (Long Term) | |||||||
………… (……..) (…….) | Must Buy At ………… | …….. | ………….. | …………………… |
Last Trade (17th Feb 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 107250.00 Approx.
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