Daily News Letter Dated 9th 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: 9 March 2012

NIFTY:

Last Close: 5220.45 (Down 1.95)

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

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

SENSEX:

Last Close: 17145.52(Down 27.77)

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

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

Nifty will show gap up opening toward 5250+ & above which 5300 can be seen. Market can show profit booking around mid session & zig–zag movements in last hours. Traders should remain cautious for time being & trade with regular trend else it can turn to be big trap.

Hot Sectors for Today: Oil–Gas & Textile

BTST/ STBT in last trade (Fut.):

Wipro (Sell– 442; Exit Same Day At 442)

Hindpetro (Buy– 298; Book 50% At 303 Same Day)

 Ioc (Buy– 275; SL- 272; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
ROLTA (97.10)	Must buy At 97—95	99	100—101	93	Mid-cap IT stocks are looking hot & fiery today.
ALOKTEX (20.10)	Buy At  20—19.5	20.5	20.75—21	19	News based buying can emerge, but at any dip.
Derivative- Future (Strategy for today)
RCOM (92.75)	Must Buy At 92.50—90	94.50	96—98	Bel 89	Max Profits: Unlimited	All ADAG group stocks will shw high volatility
RCOM PE 90 (4.40)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
BPCL (664.00)	Buy At  664—652	678	684—690	Bel 640	Max Profits: Unlimited	Worst is over for time being remain long.
BPCL  PE 660 (25.50)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs. 6000
Derivative- Option Strategy
HINDPET CE 300 (16.0)	Must Buy At 15—12	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade in bulk for 2-4 days for gains.
HINDPET  PE 280 (6.5)	Sell 2 Lots with CE 300
					Max Loss: Rs. 12000
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	…………………………………………

Last Trade (7^th March 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 127200.00Approx.