Daily News Letter Dated 30th 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: 30 April 2012

NIFTY:

Last Close: 5209.00 (Up 18.40)

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

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

SENSEX:

Last Close: 17187.34 (Up 53.09)

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

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

Nifty can show –ve opening but a bounce back can be seen in 2^nd half session. One should buy at dips around 5180—5150 with stop loss 5100 for upside toward 5270—5300 in next 1—3 days. Stock specific good bounce can be seen, specially in mid-cap banking.

Hot Sectors for Today: Banking & IT.

BTST/ STBT in last trade (Fut.):

Wipro (Buy – 408.50; SL- No SL; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
IDFC (118.00)	Must Buy At 118—115	121	122.50—124	113	One can start accumulating at dips for Tgt 130
LITL (13.90)	Buy Bulk At 13.7—13.3	14.40	14.70—15+	13	Stock is ready to blast, one can go long now.
Derivative- Future (Strategy for today)
TATAMOTORS (313.50)	Must  Sell At  314—320	308	305—302	Abv 322	Max Profits: Unlimited	Anytime panic can be seen, Tgt 280-265
TATAMO CE 320 (8.85)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs 4000
POLARIS (134.25)	Buy At 134—131	137	138.50—140	Bel 129	Max Profits: Unlimited	Low risk pick for short term traders.
………………. (………..)	…………………….	Hedging Position			Max Loss: Rs. 4000
Derivative- Option Strategy
HDIL CE 80 (5.50)	Must Buy At 5—3	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One can trade in bulk for 4—6 days for gain.
HDIL PE 70 (1.45)	Sell 2 Lot with CE 80
					Max Loss: Rs. 6000
Investment Pick (Long Term)
3iINFOTECH (532628) (14)	Must Buy At 14—12	20	24—28	One can buy in bulk for medium to long term gains.

Last Trade (27^th April 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 14000.00 Approx.