Daily News Letter Dated 8th 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: 8 February 2012

NIFTY:

Last Close: 5335.15 (Down 26.50)

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

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

SENSEX:

Last Close: 17622.45 (Down 84.86)

Resistance Levels: 18000, 18300, 18700, 19000

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

Market will show volatility at every rise & Nifty will find crucial resistance at 5400—5450. A break below 5300 will show panic selling. One should avoid any long position & trade with hedging to get good profits for next 3—7 days.

Hot Sectors for Today: Infra & Telecom.

BTST/ STBT in last trade (Fut.):

Axisbank (Sell– 1110; Book 50% At 1093 Same Day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
HDIL (84.20)	Must Sell At 84.5—86.5	82.5	81.5—80.5	88	Profit booking can be seen from higher levels.
IOC (270.85)	Buy At  270—266	275	277.5—280+	262	Stock is very good for short term, buy at dips.
Derivative- Future (Strategy for today)
BHARTIARTL (382.25)	Must buy At 382—375	389	393—397	Bel 370	Max Profits: Unlimited	Keep a close eye for intra-day sharp swings.
BHARTI PE 380 (12.50)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 5000
IFCI  (31.65)	Sell At 32—33	31	30.5—30	Abv 33.5	Max Profits: Unlimited	Anytime sharp selling can be seen, Tgt 28.
IFCI CE 32.5 (1.25)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 4000
Derivative- Option Strategy
NIFTY PE 5300  (76.00)	Must Buy At 70—50	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade & hold for 4-7 days 4 good gain.
NIFTY CE 5500 (37.65)	Sell 2 Lot with PE 5300
					Max Loss: Rs. 3500
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	……………………

Last Trade (7th Feb 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 73900.00Approx.