Daily News Letter Dated 2nd 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: 2 March 2012
NIFTY:
Last Close: 5339.75 (Down 45.45)
Resistance Levels: 5650, 5800, 5900, 6050, 6200
Support Levels: 5200, 5050, 5000, 4910, 4800
SENSEX:
Last Close: 17583.97 (Down 168.71)
Resistance Levels: 18650, 19100, 19500, 20000, 20500
Support Levels: 17100, 16600, 16300, 16000, 15650
Market will show high volatility & same will continue until we close above 565 for two consecutive days. Nifty has hurdle at 5400 and 5480 above which bulls can be aggressive but current sentiment remains negative. Global cues must be watched to trade the market.
Hot Sectors for Today: Infra & Fmcg
BTST/ STBT in last trade (Fut.):
Dlf (Buy–213; Exited Same Day At 210 SL Hit)
Idfc (Buy– 138.70; Booked Partial At 140.10 Same Day) Polaris (Buy– 159; SL- 157.50; Tgt Later)
SCRIP NAME (CMP) | ENTRY LEVEL | TGT1 | TGT2—3 | SL | COMMENTS | |||
Hot Today | ||||||||
HINDPETRO (310.30) | Must sell At 311—317 | 305 | 303—300 | 322 | Selling can be seen from higher levels, keep SL. | |||
COALINDIA (332.15) | Buy At 332—326 | 338 | 341—344 | 320 | Something cooking for big run up toward 340+. | |||
Derivative- Future (Strategy for today) | ||||||||
VIPIND (107.60) | Must Buy At 107—104 | 109 | 110—111 | Bel 102 | Max Profits: Unlimited | Low risk scrip for short term traders. | ||
………….. (……..) | Buy when you buy Fut. | Hedging Position | ||||||
Max Loss: Rs 2500 | ||||||||
TITAN (230.15) | Sell At 231—236 | 226 | 223—220 | Abv 240 | Max Profits: Unlimited | Take a risk to sell on rise for free fall today. | ||
TITAN CE 230 (14.45) | Buy when you sell Fut. | Hedging Position | ||||||
Max Loss: Rs. 4000 | ||||||||
Derivative- Option Strategy | ||||||||
IDFC CE 140 (7.30) | Must Buy At 7—5 | Options Trading strategy with High Risk- High Gain. | Max Profits: Unlimited | One should trade in bulk for 3-5 days for gains. | ||||
IDFC PE 130 (5.20) | Buy 1 Lot with CE 140 | |||||||
Max Loss: Rs. 10000 | ||||||||
Investment Pick (Long Term) | ||||||||
………… (……..) (…….) | Must Buy At ………… | …….. | ………….. | ………………………………………… | ||||
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Last Trade (1st March 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 153300.00Approx
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