Daily News Letter Dated 27th 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: 27 March 2012

NIFTY:

Last Close: 5184.25 (Down 93.95)

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

Support Levels: 5150, 5050, 4950, 4800, 4650

SENSEX:

Last Close: 17052.78 (Down 308.96)

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

Support Levels: 16850, 16500, 16100, 15500, 15300

Nifty will open gap down toward 5150 and we see a bounce back after a dip. Nifty can show 5250—5280 in next 1-2 days, so its good to buy at dip today for bounce back. Stock specific good upside can be seen specially in banking & metal stocks, but trade with hedging.

Hot Sectors for Today: Bank & Fmcg.

BTST/ STBT in last trade (Fut.):

Sbin (Buy– 2130; SL- 2110; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
CHAMBLFER (76.05)	Must buy At 75.5—73.5	77.50	78.50—80+	72	News based buying can be seen, take a risk.
KOTAKBANK(530.00)	Sell At  530—540	520	515—520	550	One can sell on any rise for good downside.
Derivative- Future (Strategy for today)
ONGC (261.55)	Must Buy At 260—255	266	268—270	Bel 250	Max Profits: Unlimited	Very low risk stock for 1—2 days.
ONGC PE 260 (2.55)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 5000
ITC (223.15)	Sell At  224—228	220	218—216	Abv 230	Max Profits: Unlimited	One can sell with CE option as given.
ITC CE 220 (4.00)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs. 4000
Derivative- Option Strategy
SBIN  CE 2100 (49.60)	Must Buy At 45—30	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Buy & hold in bulk for 2—3 day for good gain
SBIN  PE 2100 (26.90)	Buy 1 Lot with CE 2100
					Max Loss: Rs. 4000
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 (26th March 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 21025.00Approx