Daily News Letter Dated 25th May 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 May 2012
NIFTY:
Last Close: 4921.40 (Up 85.25)
Resistance Levels: 5050, 5130, 5250, 5330, 5450
Support Levels: 4800, 4650, 4550, 4400, 4300, 4200
SENSEX:
Last Close: 16222.30 (Up 274.20)
Resistance Levels: 16750, 17100, 17400, 17700, 18000
Support Levels: 15800, 15300, 15000 , 14500, 14000
Market will show intra-day volatility but any dip toward 4860—4840 will be a good opportunity to buy. Nifty has good support at 4800 closing basis & final support at 4700 for long traders. We don't see much panic in coming days & every dip a chance to buy.
Hot Sectors Today: Bank & Auto.
BTST/ STBT in last trade (Fut.):
Pnb (Buy – 715; SL- 110; Book Partial At 725 Same Day)
SCRIP NAME (CMP) | ENTRY LEVEL | TGT1 | TGT2—3 | SL | COMMENTS | ||
Hot Today | |||||||
EDUCOMP (144.35) | Buy At 144—141 | 147 | 148.5—150+ | 138 | Good stock to buy & hold for upside to 200. | ||
RAYMOND (351) | Buy At 350—344 | 356 | 359—362+ | 338 | Short covering can be seen, buy at dips only. | ||
Derivative- Future (Strategy for today) | |||||||
RELIANCE (690.00) | Must Buy At 690—676 | 704 | 710—718 | Bel 660 | Max Profits: Unlimited | News based sharp rise can be seen. | |
RELIANC PE 680 (6.20) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs 4000 | ||||
DLF (185.80) | Buy At 185—181 | 190 | 192—194+ | Bel 177 | Max Profits: Unlimited | Low risk stock till expiry, trade with SL | |
DLF PE 180 (2.80) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs. 4000 | ||||
Derivative- Option Strategy | |||||||
TATASTL CE 400 (7.30) | Must Buy At 7—5 | Options Trading strategy with High Risk- High Gain. | Max Profits: Unlimited | Trade in bulk for 4—6 days for good gain. | |||
TATASTL PE 380 (3.10) | Sell 2 Lot with CE 400 | ||||||
Max Loss: Rs. 3000 | |||||||
Investment Pick (Long Term) | |||||||
IRBINFRA (532947) (112.7) | Must Buy At 110—100 | 150 | 170—200+ | One can buy in bulk for medium to long term gains. |
Last Trade (24th May 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 117525.00 Approx.
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