Daily News Letter Dated 26th 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: 26 March 2012

NIFTY:

Last Close: 5278.20 (Up 49.75)

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

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

SENSEX:

Last Close: 17361.74 (Up 165.27)

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

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

Market will be volatile and one can sell on rise with Nifty stop loss 5400 for downside toward 5250—5220 & below. Nifty will remain in tight range with high volatility for next 3—5 days. Stock specific movements will be seen.

Hot Sectors for Today: Metals & IT.

BTST/ STBT in last trade (Fut.):

Bhartiartl (Sell– 338; SL- No SL; Booked partial at 335.50)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
HINDPETRO (284.55)	Must buy At 283—277	289	292—295+	274	One can take a risk to go long, anytime blast.
INFY (2870.35)	Sell At  2875—2925	2825	2800—2775	2950	Profit booking can be seen, sell at opening bell
Derivative- Future (Strategy for today)
COALINDIA (334.70)	Must Buy At 333—327	340	343—347	Bel 322	Max Profits: Unlimited	News based buying can be seen, watch.
COAL PE 340 (8.00)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 5000
TTKPRESTIG (3073.20)	Sell At  3090—3150	3020	2990—2950	Abv 3180	Max Profits: Unlimited	Profit booking can be seen 4 next 2 days.
TTKPR CE 3200 (30.05)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 3750
Derivative- Option Strategy
BHARTI  PE 340 (8.45)	Must Buy At 7—5	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Buy & hold in bulk for 2—4 day for good gain
BHARTI  CE 340 (4.05)	Buy 1 Lot with PE 340
					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 gain.

Last Trade (23^rd March 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 39550.00Approx.