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 2^nd 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 (21^st Feb 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 145350.00 Approx.