Daily News Letter Dated 6th 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: 6 February 2012

NIFTY:

Last Close: 5325.85 (Up 55.95)

Resistance Levels: 5400, 5450, 5500, 5650, 5800

Support Levels: 5200, 5050, 4950, 4820, 4700

SENSEX:

Last Close: 1760.4.96 (Up 173.11)

Resistance Levels: 18000, 18300, 18700, 19000

Support Levels: 16300, 16850, 16350, 15850, 15500

Any bad news will spoil the bulls party. We can get some bad news from overseas. One should remain seller at every rise for intra-day trading as well as short term. Nifty has resistance at 5400 & support at 5240 for the day.

Hot Sectors for Today: Bank & Metals.

BTST/ STBT in last trade (Fut.):

Relcapital (Sell– 378; Book Partial At 373 Same Day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
IOC (271.50)	Must Buy At 271—266	276	278—280	262	Low risk pick for short term traders, Tgt 300+.
TVSMOTOR (51.50)	Buy At  51—50	52.50	53—54++	49	Good pick among mid-cap auto sector stocks.
Derivative- Future (Strategy for today)
HINDALCO (153.50)	Must buy At 153—150	156	157.5—159	Abv 148	Max Profits: Unlimited	Intra-day bounce back can be seen, keep SL.
HINDALCO PE 150(6.1)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
YESBANK  (344.25)	Sell At 345—351	339	336—333	Abv 355	Max Profits: Unlimited	One should sell on any rise for good gain soon.
YESBANK CE 360 (7.2)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 4000
Derivative- Option Strategy
INFY PE  2750 (49.00)	Must Buy At 45—35	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade & hold for 4-7 days 4 good gain.
INFY CE  2900 (20.00)	Sell 2 Lot with PE 2750
					Max Loss: Rs. 5000
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	……………………

Last Trade (3^rd Feb 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 86550.00Approx.