Daily News Letter Dated 25th 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: 25 April 2012

NIFTY:

Last Close: 5222.65 (Up 22.05)

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

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

SENSEX:

Last Close: 17207.29 (Up 110.61)

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

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

Market will be flat to positive in opening session but Nifty will face hurdle at 5250—5280 to show strength. We remain seller on every rise for downside toward 5050—4950 in coming days. Nifty has good support at 5150 closing basis for further sell off.

Hot Sectors for Today: IT & Infra.

BTST/ STBT in last trade (Fut.):

Tatasteel (Sell – 465; SL- No SL; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
ROLTA (90.25)	Must Buy At 90—88	92	93—94	86	Watch out closely for good rise in 1—2 days.
BHEL (237.40)	Buy At  237—232	242	244.50—247	227	Closely watch all textile stock for good bounce
Derivative- Future (Strategy for today)
HEROMOTO (2194.95)	Must Sell At  2200-2250	2160	2140—2120	Abv 2280	Max Profits: Unlimited	Profit booking can be seen after a rise.
HEROM CE 2150(53.3)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs 3750
CAIRN (340.65)	Buy At 340—334	346	349—352	Bel 330	Max Profits: Unlimited	Good stock for short covering, Tgt 355+
CAIRN PE 340 (3.00)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
Derivative- Option Strategy
TATASTEL PE460 (2.0)	Must Buy At 2—1.5	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One can trade in bulk for 1—2 days for gain.
TATASTEL CE 500 (0.7)	Sell 2 Lot with PE 460
					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 (24th April 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 70450.00 Approx.