Daily News Letter Dated 12th April 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: 12 April 2012

NIFTY:

Last Close: 5226.85 (Down 16.75)

Resistance Levels: 5400, 5450, 5540, 5650, 5800

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

SENSEX:

Last Close: 17199.40 (Down 44.44)

Resistance Levels: 17750, 18000, 18300, 18650, 19100

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

Nifty can show a bounce toward 5280—5300 in 1^st half session but profit booking can be seen around mid-session or last hours. It is advisable to sell on rise with stop loss 5330 for downside toward 5200—5200. Stock specific selling will be seen, so trade with hedge.

Hot Sectors Today: Telecom & Banking.

BTST/ STBT in last trade (Fut.):

Relinfra (Buy At 558; SL- 550; Booked partial at 564 same day)

Infy (Sell At 2833.55; SL- 2860; Booked 50% at 2797 same day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
BHARTIARTL (322.85)	Must Buy At 322—315	328	331—334+	312	Stock is near its crucial support, buy at dips.
TATAPOWER  (102.45)	Sell At  102.50—105	100	99—97	106	One should sell on rise only with given SL.
Derivative- Future (Strategy for today)
RELINFRA (555.20)	Must Buy At 554—543	564	569—575	Bel 535	Max Profits: Unlimited	Intra-day bounce can be seen, Must buy.
RELINF PE 540 (14.00)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 4000
LICHSGFIN (267.80)	Sell At  269—274	264	261.5—259	Abv 277	Max Profits: Unlimited	Stock can show good profit booking today.
LICHSG CE 270 (7.00)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs. 3000
Derivative- Option Strategy
INFY PE 2800 (74.00)	Must Buy At 72—60	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One can trade in bulk for 2—3 days for gain.
INFY CE 2900 (58.00)	Buy 1 Lot with PE 2800
					Max Loss: Rs. 7500
Investment Pick (Long Term)
TULIP (532691) (95.35)	Must Buy At 92—85	120	140—155	Stock is looking very good for medium to long term.

Last Trade (9th April 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 48500.00Approx.