Daily News Letter Dated 27th 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: 27 February 2012

NIFTY:

Last Close: 5429.30 (Down 54.00)

Resistance Levels: 5650, 5800, 5900, 6050, 6200

Support Levels: 5400, 5320, 5200, 5050, 4950

SENSEX:

Last Close: 17923.57 (Down 154.93)

Resistance Levels: 18650, 19100, 19500, 20000, 20500

Support Levels: 17800, 17500, 17100, 16600, 16300

Market will be dull in 1^st half session and will find support at 5400—5350 below which panic can arise. Nifty will find strong resistance at 5450—5500 for bulls to take overs, trade with hedging.

Hot Sectors for Today: Bank & Textile.

BTST/ STBT in last trade (Fut.):

Jswsteel (Sell– 820; Book Partial  At 815 Same day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
DISHTV (57.15)	Must buy At 57—56	58.50	59.25—60	55	Technical bounce can be seen, but keep tight SL.
ICICIBANK (933.50)	Sell At  935—955	915	905—895	965	Panic selling can be seen, take a risk with SL.
Derivative- Future (Strategy for today)
ARVIND (80.30)	Must Buy At 80—78	82	83—84	Bel 77	Max Profits: Unlimited	News based buying can emerge frm lower level
ARVIND PE 75 (3.90)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
TCS (1286.55)	Sell At 1288—1310	1265	1252—1240	Abv 1325	Max Profits: Unlimited	Low risk scrip for short term gains.
TCS CE 1300 (40.00)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 3750
Derivative- Option Strategy
INFY PE 2900 (64.75)	Must Buy At 60—45	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade in bulk for 2-5 days for gains.
INFY CE 3100 (48.00)	Sell 1 Lot with PE 2900
					Max Loss: Rs. 6500
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	……………………

Last Trade (23^rd Feb 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 136200.00Approx.