Daily News Letter Dated 28th 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: 28 March 2012

NIFTY:

Last Close: 5243.15 (Up 58.90)

Resistance Levels: 5330, 5450, 5540, 5650, 5800

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

SENSEX:

Last Close: 17257.36 (Up 204.58)

Resistance Levels: 17600, 18000, 18300, 18650, 19100

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

Market will show swings on both side. Nifty will find support at 5170 & resistance at 5330 to show further trend. We recommend to sell on gap up opening for downside toward 5220 & 5180. One should trade with tight stop loss or hedging with call put options .

Hot Sectors Today: Oil–Gas & Textile.

BTST/ STBT in last trade (Fut.):

Infy (Sell– 2910; Book Full At 2851 Same Day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
MCLEODRUSS (270.0)	Must sell At 271—276	265	262.5—26+	280	Profit booking will be seen, sell on rise only.
TATAMOTORS (274.00)	Sell At  275—280	270	267.5—265	283	Stock is looking weak for further downside.
Derivative- Future (Strategy for today)
BOMDYEING (568.00)	Must Sell At 570—580	560	555—550	Abv 585	Max Profits: Unlimited	High risk high gain stocks for 1 to 2 days.
BOMDYE CE560 (17.0)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs 5000
IOC (263.40)	Buy At  263—258	268	271—274	Bel 255	Max Profits: Unlimited	Worst seems to be over, go long now.
…………..(…..)	………………..	Hedging Position			Max Loss: Rs. 3000
Derivative- Option Strategy
INFY PE 2900 (36.50)	Must Buy At 32—20	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Buy & hold in bulk for 1—2 day for good gain
INFY  CE 2900 (21.90)	Buy 1 Lot with PE 2900
					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 (27th March 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 159775.00Approx.