Daily News Letter Dated 11th June 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: 11 June 2012

NIFTY:

Last Close: 5068.35 (Up 18.70)

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

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

SENSEX:

Last Close: 16718.87 (Up 69.82)

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

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

Nifty can show gap up opening toward 5100—5130 but mid-day profit booking can be seen. One should book profit at rise today & wait for a good dip to buy. Nifty has hurdle at 5200—5250 & support at 4910 for time being.

Hot Sectors Today: R-Group & Bank.

BTST/ STBT in last trade (Fut.):

Dlf (Buy – 193; SL- 190; Book 50% At 197.50 Same day )

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
RCOM (66.25)	Buy At 66—64.50	67.50	68.5—69.5	63	Oversold stock among R-Group, soon Tgt 75+.
VIP  (77.20)	Must Buy At  77—75	79	80—81+	73	Short covering can be seen, buy & hold 4 gain
Derivative- Future (Strategy for today)
CENTURYTEX (273.60)	Must  Buy At  273--268	278	281—284+	Bel 264	Max Profits: Unlimited	Textile stocks can show news based rise
CENTU PE 260 (7.40)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 4000
EDUCOMP (141.95)	Buy At 141—138	144.50	146—147.5+	Bel 135	Max Profits: Unlimited	One can go long for short term Tgt 160+.
EDUCOM PE 140 (7.0)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 3000
Derivative- Option Strategy
BHELCE 220 (9.10)	Must Buy At 9—7	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 2—4 days for good gains.
BHEL PE 210 (3.40)	Sell 2 Lot with CE 220
					Max Loss: Rs. 6000
Investment Pick (Long Term)
KFA (532747) (12.05)	Must Buy At 11.50—10	15	17—19+	Worst will be over soon buy at every dip for good gain

Last Trade (8th June 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 87850.00Approx.