Daily News Letter Dated 1st 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: 1 March 2012

NIFTY:

Last Close: 5385.20 (Up 9.70)

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

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

SENSEX:

Last Close: 17752.68 (Up 21.56)

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

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

Nifty will face hurdle at 5480 above which 5630+ will be visible. One should be stock specific & trade with trend with tight stop loss. Nifty will find support at 5250 for the current rally. The rally can fizzle out in next 3 to 5 weeks & major slide will continue then.

Hot Sectors for Today: Bank & Power

BTST/ STBT in last trade (Fut.):

LT (Buy– 1319; Booked Partial At 1327 Same Day)

Chamblfert (Buy– 87.45; Booked 50% At 89.40 Same Day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
TATAPOWER (115.50)	Must buy At 115—113	117	118—119	111	News based buying will be seen, go long Tgt 130.
CAIRN (369.40)	Buy At  368—362	375	379—382	358	Technical bounce back expected, buy at dip only.
Derivative- Future (Strategy for today)
ICICIBANK (915.10)	Must Buy At 915—900	930	940—950	Bel 885	Max Profits: Unlimited	One can keep a close eye for good upside.
ICICIBK PE 900 (38.65)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 3750
POLARIS (161.50)	Buy At 161—158	164	165.5—167	Bel 155	Max Profits: Unlimited	Mid cap IT stocks are looking hot & fiery.
……… (……..)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 6000
Derivative- Option Strategy
DLF  CE 230 (13.75)	Must Buy At 14—10	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade in bulk for 2-5 days for gains.
DLF  CE 260 (5.10)	Sell 2 Lots with CE 230
					Max Loss: Rs. 10000
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	…………………………………………

Last Trade (29th Feb 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 93400.00Approx.