Daily News Letter Dated 16th 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: 16 March 2012

NIFTY:

Last Close: 5380.50 (Down 83.40)

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

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

SENSEX:

Last Close: 17675.85 (Down 243.45)

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

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

BTST/ STBT in last trade (Fut.):

Biocon (Buy– 247; SL- 245; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
BAJAJHIND (33.80)	Must buy At 33.5—32.5	34.5	35—35.5	32	One should closely watch all sugar stocks today.
FINANTECH  (787.00)	Buy At  787—770	802	810—818	760	Low risk scrip for short term traders, buy at dip
Derivative- Future (Strategy for today)
IDFC (145.60)	Must Buy At 145--142	148	149.5—151	Bel 140	Max Profits: Unlimited	Trade with hedging for good gain in next 2 day.
IDFC PE 140 (3.60)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
PANTALOONR (162.10)	Buy At  162—158	165	166.5—168+	Bel 155	Max Profits: Unlimited	Something cooking, trade with hedging.
PANTA PE 160 (8.90)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs. 3000
Derivative- Option Strategy
IFCI  CE 45 (2.50)	Must Buy At 2.30—1.80	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Keep spot SL 42 & trade for next 2—4 days 4 gain
IFCI PE 42.50 (2.15)	Buy 1 Lot with CE 45
					Max Loss: Rs. 20000
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 (15^th March 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 35900.00Approx.