Daily News Letter Dated 14th 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: 14 March 2012

NIFTY:

Last Close: 5429.50 (Up 69.95)

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

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

SENSEX:

Last Close: 17813.62 (Up 225.95)

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

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

Market can show good opening but Nifty will find crucial resistance at 5450. Intra-day traders should be stock specific ahead of budget & trade with hedging. Nifty will find support at 5380—5350 for time being, be careful.

Hot Sectors for Today: IT & R–Group

BTST/ STBT in last trade (Fut.):

Tatasteel (Sell– 471; Book Partial At 467.50 Same Day )

Pantaloonr (Buy– 163; SL- No SL; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
IFCI (45.05)	Must buy At 45—44	46	46.5—47	43	One of the best pick for budget, trade with SL.
BHARTIARTL  (339.20)	Buy At  339—333	345	348—351	330	Stock can show good bounce, buy at dips only.
Derivative- Future (Strategy for today)
EDUCOMP (202.50)	Must Buy At 202--197	207	209—211	Bel 194	Max Profits: Unlimited	Hidden gem for long term, soon Tgt 240+.
EDUC PE 200 (12.85)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 3000
IOC (277.75)	Buy At  277—272	282	285—288+	Bel 269	Max Profits: Unlimited	Anytime price hike can be expected, go long.
…………… (……)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs. 3000
Derivative- Option Strategy
NIFTY  PE  5500 (123.2)	Must Buy At 110--95	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade in bulk for 3-5 days for gains.
NIFTY  CE  5700 (33.55)	Sell 2 Lot with PE 5500
					Max Loss: Rs. 5000
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	…………………………………………

Last Trade (13^th March 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 37688.00Approx.