Daily News Letter Dated 22nd 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: 22 February 2012
NIFTY:
Last Close: 5607.15 (Up 42.85)
Resistance Levels: 5650, 5800, 5900, 6050, 6200
Support Levels: 5450, 5320, 5200, 5050, 4950
SENSEX:
Last Close: 18428.61 (Up 139.26)
Resistance Levels: 18650, 19100, 19500, 20000, 20500
Support Levels: 18000, 17500, 17100, 16600, 16300
Market can show gap down opening toward 5580—5550 but recovery can be seen in 2nd half session. Nifty has next hurdle at 5650 for more upside in coming days. Traders should keep hedging with their long/short positions for gain.
Hot Sectors for Today: R-Group & Tele.
BTST/ STBT in last trade (Fut.):
Petronet (Buy– 173; SL- 171; Tgt Later)
SCRIP NAME (CMP) | ENTRY LEVEL | TGT1 | TGT2—3 | SL | COMMENTS | ||
Hot Today | |||||||
RCOM (107.00) | Must buy At 107--105 | 109 | 110—111 | 104 | Stock can blast toward 120 in next 2-3 days. | ||
SUZLON (30.70) | Buy At 30.50—29.5 | 31.50 | 32—32.50 | 28.5 | One of the best pick among mid-cap stocks. | ||
Derivative- Future (Strategy for today) | |||||||
IDEA (94.20) | Must Buy At 94—92 | 96 | 97—98 | Bel 91 | Max Profits: Unlimited | One can keep an eye on all telecom stocks today | |
IDEA PE 90 (0.45) | Buy when you buy Fut. | Hedging Position | |||||
Max Loss: Rs 4000 | |||||||
PANTALOONR (193.3) | Buy At 193—189 | 197 | 199—201 | Bel 185 | Max Profits: Unlimited | Some good news expected very soon. | |
PANTA L PE 190 (2.50) | Buy when you buy Fut. | Hedging Position | |||||
Max Loss: Rs. 4000 | |||||||
Derivative- Option Strategy | |||||||
RELIANC PE 840 (10.0) | Must Buy At 10—6 | Options Trading strategy with High Risk- High Gain. | Max Profits: Unlimited | One should trade & hold for 1-2 days 4 good gain. | |||
RELIANC CE 840 (10.0) | Buy 1 Lot with PE 840 | ||||||
Max Loss: Rs. 2500 | |||||||
Investment Pick (Long Term) | |||||||
………… (……..) (…….) | Must Buy At ………… | …….. | ………….. | …………………… |
Last Trade (21st Feb 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 145350.00 Approx.
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