Daily News Letter Dated 5th 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: 5 March 2012

NIFTY:

Last Close: 5359.40 (Down 0.05)

Resistance Levels: 5650, 5800, 5900, 6050, 6200

Support Levels: 5200, 5050, 5000, 4910, 4800

SENSEX:

Last Close: 17622.28 (Down 14.52)

Resistance Levels: 18650, 19100, 19500, 20000, 20500

Support Levels: 17100, 16600, 16300,  16000, 15650

Nifty can show downward trend in 1^st half but a reversal can be expected in last hours. Stock specific good upside can be seen but one should trade in small  quantity to avoid major losses. Nifty has good support at 5320 & 5250 and resistance at 5400 & 5450 for today.

Hot Sectors for Today: R Group & Bank

BTST/ STBT in last trade (Fut.):

Infy (Buy– 2844; Booked Full At 2890 Same Day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
RCOM (95.15)	Must buy At 95—93	97	98—99	91	All ADAG stocks are looking hot & fiery today.
RANBAXY(427.40)	Buy At  425—417	433	437—442	410	One can go long for short term very good upside
Derivative- Future (Strategy for today)
HINDOILEX (133.60)	Must Buy At 133—130	136	137.5—139	Bel 128	Max Profits: Unlimited	Low risk scrip for short term traders.
………….. (……..)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
YESBANK (351.50)	Buy At 351—345	357	360—363	Bel 340	Max Profits: Unlimited	All mid-cap banking stocks are looking hot.
YESBK PE 340 (14.50)	Buy when you sell Fut.	Hedging Position
					Max Loss: Rs. 5000
Derivative- Option Strategy
RENUKA  CE 40 (3.50)	Must Buy At 3.20—2.50	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade in bulk for 5-10 days for gains.
RENUKA  CE 50  (0.80)	Sell 2 Lots with CE 40
					Max Loss: Rs. 10000
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	…………………………………………

Last Trade (2^nd March 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 128200.00Approx.