Daily News Letter Dated 9th 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: 9 May 2012

NIFTY:

Last Close: 4999.95 (Down 114.20)

Resistance Levels: 5250, 5330, 5450, 5540, 5650

Support Levels: 5050, 4950, 4800, 4650, 4550

SENSEX:

Last Close: 16546.18 (Down 366.53)

Resistance Levels: 17400,  17700, 18000, 18300, 18650

Support Levels: 16650, 16300, 15800, 15300, 15000

Nifty may show gap down opening toward 4950—4910 and a reversal can be seen after gap down opening. Intra-day traders can buy at dips keeping stop loss at 4900 for upside toward 5050—5080. Short term bottom can be made around 4840—4800 in coming days but trade with hedging with option

Hot Sectors Today: R-Group & Bank.

BTST/ STBT in last trade (Fut.):

Bhel(Buy – 220.55; Exited Same Day At 220)

Hdil(Buy – 74; Exited Same Day At 73)

Lichsgfin (Sell – 255; SL- 259; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
POLARIS (130.85)	Must Buy At 130—127	133	134.5—136	125	Stock is near its bottom, buy with strict SL.
VIPIND (83.15)	Buy At 82—80	85	86—87	78.50	Short term bounce can be seen after a dip.
Derivative- Future (Strategy for today)
TTKPRISTIG (3090.00)	Must  Sell At  3100-3160	3040	3010—2980	Abv 3200	Max Profits: Unlimited	Anytime fall toward 2800 can be seen.
……………….(…)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs 5000
BHARTIARTL (316.90)	Buy At 314—308	322	325—328	Bel 304	Max Profits: Unlimited	Looking very strong in weak market.
BHARTI PE 320(9.95)	Buy when you sell Fut.	Hedging Position			Max Loss: Rs. 4000
Derivative- Option Strategy
RCOM CE 70 (3.85)	Must Buy At 3.5—3	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade in bulk for 2—4 days for good gains.
RCOM  PE 65 (1.75)	Sell 2 Lot with CE 70
					Max Loss: Rs. 7500
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 (8^th May 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 100600.00Approx.