Daily News Letter Dated 27th 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: 27 April 2012

NIFTY:

Last Close: 5189.00 (Down 13.00)

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

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

SENSEX:

Last Close: 17130.67 (Down 20.62)

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

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

One can buy at dips today for good bounce in next 1—3 days. Nifty will find support around 5100 & resistance at 5330 in coming days. We are stuck in narrow range but stock specific sharp movements can be seen. Try to buy at dips for short term gain.

Hot Sectors for Today: Oil-Gas & Infra.

BTST/ STBT in last trade (Fut.):

Relinfra (Buy – 523; SL- No SL; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
ONGC (265.55)	Must Buy At 265—260	270	272—274	256	Oil & Gas stocks can show good upside today.
CHAMBLFERT (74.65)	Buy At  74—72	76	77—78	70	Time to go long at dips for good upside soon.
Derivative- Future (Strategy for today)
HINDALCO (118.60)	Must Buy At  118—115	121	122.5—124	Bel 113	Max Profits: Unlimited	Low risk scrip for short term traders.
HINDALC PE 110 (2.70)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 4000
DLF (183.50)	Buy At 183—180	186	187.5—189	Bel 177	Max Profits: Unlimited	One can go long with hedging 4 good gains
DLF PE 180 (7.90)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 3000
Derivative- Option Strategy
BHEL CE 240 (8.40)	Must Buy At 8—6	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One can trade in bulk for 3—5 days for gain.
BHEL PE 220 (5.00)	Sell 2 Lot with CE 240
					Max Loss: Rs. 5000
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 (26th April 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 65300.00 Approx.