Daily News Letter Dated 30th 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: 30 March 2012

NIFTY:

Last Close: 5178.85 (Down 15.90)

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

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

SENSEX:

Last Close: 17058.61 (Down 63.01)

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

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

One can go long in next 1—2 trading session keeping stop loss 5050 closing basis for target 5300—5400 in coming days. We recommend to hedge long with buying puts. Nifty will find intra-day support around 5130—5100 and it will be a buying opportunity at dip.

Hot Sectors Today: Banking & Power.

BTST/ STBT in last trade (Fut.):

Hdil (Buy– 82.50; Book Partial At 83.70 Same Day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
SIEMENS (745.00)	Must buy At 740—725	755	762—770+	715	Low risk stock for day traders, buy at dip only
PUNJLLOYD (53.20)	Buy At  52.50—51.50	54	54.50—55	51	Good pick for short to medium term gains.
Derivative- Future (Strategy for today)
RPOWER (117.40)	Must Buy 116.5—113.5	120	121.50—123	Bel 112	Max Profits: Unlimited	Power stocks are looking hot & fiery.
RPOWER PE 110 (3.60)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 6000
SBIN (2074.90)	Buy At  2060—2020	2110	2130—2150	Bel 2000	Max Profits: Unlimited	Stock is near its bottom go long now.
SBIN PE 2000 (62.50)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 2500
Derivative- Option Strategy
NIFTY CE 5200 (148.35)	Must Buy At 130—110	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One can trade in bulk with Nifty SL 5000.
NIFTY PE 5000 (59.10)	Sell 2 Lot with CE 5200
					Max Loss: Rs. 6000
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 (29^th March 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 38450.00Approx.