Daily News Letter Dated 15th 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: 15 March 2012

NIFTY:

Last Close: 5463.90 (Up 34.40)

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

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

SENSEX:

Last Close: 17919.30 (Up 105.68)

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

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

RBI policy can show high volatility in the market. Nifty has support at 5450 & resistance at 5530 for time being. Next 2 days are crucial for the market. We advice to take positions with hedge or proper stop losses, better be in cash.

Hot Sectors for Today: Oil-Gas & Bank

BTST/ STBT in last trade (Fut.):

Hindpetro (Buy– 301.85; Book 50% At 306.50 Same Day ) Ttkprestig (Buy– 2860; Book Partial At 2876 Same Day )

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
CIPLA (309.65)	Must buy At 309—303	315	318—321	300	One of the best pick for budget, trade with SL.
HINDOILEXP  (133.90)	Buy At  133—130	136	137.5—139	128	Stock can show good bounce, buy at dips only.
Derivative- Future (Strategy for today)
WIPRO (426.00)	Must Buy At 426--418	434	438—442	Bel 414	Max Profits: Unlimited	Stock will find bottom in next 2 days, go long.
WIPRO PE 420 (8.30)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
DLF (207.00)	Buy At  207—202	212	214.5—217+	Bel 199	Max Profits: Unlimited	Trade according to the market news today.
DLF PE 200 (7.90)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs. 3000
Derivative- Option Strategy
UNITECH  CE32.5 (1.6)	Must Buy At 1.50—1.0	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Keep spot SL 30 & trade for next 2—4 days 4 gain
UNITECH  PE27.5 (0.8)	Sell 2 Lot with CE 32.50
					Max Loss: Unlimited
Investment Pick (Long Term)
EDUCOMP (532696)(197)	Must Buy At 195—180	250	280—350	One should accumulate at dips for long term good gain.

Last Trade (14^th March 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 28850.00Approx.