Daily News Letter Dated 28th 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: 28 February 2012

NIFTY:

Last Close: 5281.20 (Down 148.10)

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

Support Levels: 5200, 5050, 5000, 4910, 4800

SENSEX:

Last Close: 17445.75 (Down 477.82)

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

Support Levels: 17100, 16600, 16300,  16000, 15650

Nifty has opened doors for 5200 & 5150 soon & if breaks these levels then 5000 will not be too far. We have been warning to avoid long at rise & alerted the same panic well in advance. We see worst very soon but wait for right time.

Hot Sectors for Today: Infra & Oil Gas.

BTST/ STBT in last trade (Fut.):

Hdfcbank (Buy– 520; Book Partial  At 523.40 Same day) Hindpetro (Sell– 301.50; Book Partial  At 297.5 Same day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
ARVIND (80.30)	Must buy At 80—78	82	83—84	77	Textile stocks are looking good to buy at dips.
JINDALSAW (155.10)	Sell At  155—158	152	150.5—149	160	Take a risk & sell on rise for good fall very soon.
Derivative- Future (Strategy for today)
PATNI (480.45)	Must Buy At 480—472	488	492—496	Bel 468	Max Profits: Unlimited	Something cooking for good rise in 1-2 days.
…………..(…….)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
ABB (835.25)	Sell At 836—850	820	812—802	Abv 865	Max Profits: Unlimited	One can sell on every rise for target 750 soon.
…………..(……..0)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 3750
Derivative- Option Strategy
HINPET PE 290 (10.05)	Must Buy At 10—8	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade in bulk for 3-7 days for gains.
HINPET CE 340 (4.75)	Sell 2 Lots with PE 290
					Max Loss: Rs. 10000
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. 198650.00Approx.