Daily News Letter Dated 13th March 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: 13 March 2012

NIFTY:

Last Close: 5359.55 (Up 26.00)

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

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

SENSEX:

Last Close: 17587.67 (Up 84.43)

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

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

Nifty will open flat to positive side toward 5380–5400. One should sell on rise with stop loss of 5450 for downside toward 5300 & below. We advise to remain cautious as we do not see major upside but panic selling can occur.

Hot Sectors for Today: IT & R–Group

BTST/ STBT in last trade (Fut.):

Pantaloonr (Buy– 164.25; Exit Same Day At 162 SL Hit)

Bhel (Sell– 287; SL- 290; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
RPOWER (134.70)	Must sell At 135—138	132	130.5—129	140	Adag stock can show profit booking after gap up
SCI  (71.95)	Buy At  71.5—70	73	74—75	68	Big news coming for shipping sector go long now
Derivative- Future (Strategy for today)
SBIN (2319.00)	Must Sell At 2325-2370	2280	2260—2240	Abv 2400	Max Profits: Unlimited	One can see profit booking, sell on rise.
SBIN CE 2400 (64.50)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs 3750
ASHOKLEY (28.75)	Buy At  28.60—28	29.25	29.70—30	Bel 27.5	Max Profits: Unlimited	Hidden gem among mid cap stocks, watch.
ASHOK PE 27.5 (1.10)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs. 4000
Derivative- Option Strategy
INFY CE  2850 (68.85)	Must Buy At 65--50	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade in bulk for 2-4 days for gains.
INFY  PE  2700 (24.50)	Sell 2 Lot with CE 2850
					Max Loss: Rs. 6250
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	…………………………………………

Last Trade (12^th March 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 130663.00Approx.