Daily News Letter Dated 13th 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: 13 April 2012

NIFTY:

Last Close: 5276.85 (Up 50.00)

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

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

SENSEX:

Last Close: 17332.62 (Up 133.22)

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

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

One should remain seller on rise with hurdles at 5330 & 5400 for downside toward 5150—5050 in coming days. Any bad news from globe can show sharp panic in the market. Traders should always hedge their positions with options to avoid major losses.

Hot Sectors Today: R-Group & BankBTST/ STBT in last trade (Fut.):

Relinfra (Buy - 556; SL- No SL; Tgt Later)

Reliance (Sell - 746; SL- No SL; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
RPOWER (116.35)	Must Buy At 116—113.5	118	119—120+	112	All Adag group stocks can show good bounce.
SBIN  (2175.00)	Sell At  2180—2220	2140	2120—2100	2250	Banking stocks can show profit booking now.
Derivative- Future (Strategy for today)
AXISBANK (1196.15)	Must Sell At 1200-1225	1180	1170—1160	Abv 1240	Max Profits: Unlimited	Stock is over bought on intra-day charts.
AXISB CE 1250 (18.00)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs 3750
TATAMOTORS (285.60)	Sell At  286—291	281	279—277	Abv 293	Max Profits: Unlimited	One can sell with strict SL for gain.
TATAM CE 290 (5.90)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs. 4000
Derivative- Option Strategy
RIL  PE 740 (14.90)	Must Buy At 14—10	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One can trade in bulk for 2—3 days for gain.
RIL CE 780 (5.90)	Buy 2 Lot with PE 740
					Max Loss: Rs. 3500
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 (12^th April 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 132238.00 Approx.