Daily News Letter Dated 19th 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: 19 March 2012

Last Close: 5317.90 (Down 62.60)

Resistance Levels: 5450, 5540, 5650, 5800, 5900

Support Levels: 5250, 5150, 5050, 4950, 4800

SENSEX:

Last Close: 17466.20 (Down 209.65)

Resistance Levels: 18000, 18300, 18650, 19100, 19500

Support Levels: 17200, 16850, 16500, 16100, 15500

Nifty can show gap down opening toward 5280—5250 but a bounce back can be seen after sharp decline. Traders can buy at dips today for bounce back with Nifty stop loss 5200 closing basis. Coming days will be highly volatile with cautious approach.

Hot Sectors for Today: Oil-Gas & Sugar.

BTST/ STBT in last trade (Fut.):

Hindpetro (Buy– 290; Book Full At 299 Same Day)

Sunpharma (Buy– 550; Book Partial At 554 Same Day)

Relinfra (Sell– 655; Book Full At 636 Same Day)

Bpcl (Buy– 670; Book Partial At 675 Same Day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
CAIRN (343.85)	Must buy At 342—335	349	352—355	332	Technical bounce can be seen, but trade with SL.
ONGC  (271.00)	Buy At  270—265	276	278.5—281	262	Intra-day traders can buy at dip for bounce.
Derivative- Future (Strategy for today)
BHEL (273.70)	Must Buy At 273--268	278	279—281	Bel 265	Max Profits: Unlimited	Low risk stock for intra-day traders.
BHEL PE 270 (10.00)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 3000
RELIANCE (774.30)	Buy At  772—758	788	795—803+	Bel 750	Max Profits: Unlimited	Stock is near bottom, one can buy with hedge
RELI ANCE PE 760 (12)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs. 2000
Derivative- Option Strategy
NIFTY  CE 5300 (109.4)	Must Buy At 100—85	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should buy & hold for 2—4 days for gain.
NIFTY  CE 5500 (31.20)	Sell 2 Lot with CE 5300
					Max Loss: Rs. 5000
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. 199700.00Approx.