Daily News Letter Dated 28th 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: 28 May 2012

NIFTY:

Last Close: 4920.40 (Down 1.00)

Resistance Levels: 5050, 5130, 5250, 5330, 5450

Support Levels: 4800, 4650, 4550, 4400, 4300, 4200

SENSEX:

Last Close: 16217.82 (Down 4.48)

Resistance Levels: 16750, 17100, 17400,  17700, 18000

Support Levels: 15800, 15300, 15000 , 14500, 14000

We can see gap up opening toward 4950 & further advances toward 4980 but profit booking can be seen after a rise. The trend is up for next few weeks but volatility can be seen for next 2—3 days. One can buy selectively for short term.

Hot Sectors For Today: Bank & Infra.

BTST/ STBT in last trade (Fut.):

Tatamotors (Sell – 272; SL- 275; Booked Partial At 269.50 Same Day)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
CROMPGREV (107.30)	Buy At 106—103	110	111.5—113+	100	Start accumulating at every dip for Tgt 120+.
RENUKA  (26.70)	Buy At 26.5—26	27	27.25—27.5	25.5	All sugar stock are looking sweeter, buy at dip
Derivative- Future (Strategy for today)
SBIN (2012)	Must  Sell At  2020-2060	1970	1950—1930	Abv 2100	Max Profits: Unlimited	Profit booking can be seen after a rise.
SBIN CE 2000(37.00)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs 5000
BHEL  (209.30)	Buy At 209—204	214	216—218+	Bel 200	Max Profits: Unlimited	We are highly bullish 4 short term Tgt 240
BHEL PE 200 (1.30)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
Derivative- Option Strategy
HDIL CE 65 (1.65)	Must Buy At 1.50—1.00	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade in bulk for 3—4 days for good gain.
HDIL  PE 60 (0.65)	Sell 2 Lot with CE 65
					Max Loss: Rs. 4000
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 (25^th May 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 48200.00 Approx.