Daily News Letter Dated 12th 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: 12 June 2012

NIFTY:

Last Close: 5054.10 (Down 14.25)

Resistance Levels:  5130, 5250, 5330, 5450, 5630

Support Levels: 4910, 4800, 4650, 4550, 4400

SENSEX:

Last Close: 16668.01 (Down 50.86)

Resistance Levels:  17100, 17400,  17700, 18000, 18500

Support Levels: 16150, 15800, 15300, 15000 , 14500

Major event today & we recommend to buy at dip around 5030—5010 today with stop loss at 4980 for upside toward 5150 & above in next 1—2 days. One should keep hedge with their long else there can be a trap with big losses.

Hot Sectors Today: Telecom & Bank.

BTST/ STBT in last trade (Fut.):

Bhel (Buy – 222; SL- No SL; Tgt Later )

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3		SL	COMMENTS
Hot Today
BHARTIARTL (301.90)	Buy At 300—294	307	310—313		290	Low risk scrip for intra-day traders, Tgt 320+
CHAMBLFERT  (74.40)	Must Buy At  74—73.50	75.50	76.5—77.5+		72	Short covering can be seen, buy & hold 4 gain
Derivative- Future (Strategy for today)
TATAMOTORS (236.00)	Must  Buy At  235--230	241	243.5—246+		Bel 226	Max Profits: Unlimited	Technical bounce can be seen keep hedging
TATAMO PE 230 (6.90)	Buy when you buy Fut.	Hedging Position				Max Loss: Rs 4000
DLF (192.20)	Buy At 192—188	196	198—200+		Bel 184	Max Profits: Unlimited	Stock is in tight range, buy at dips.
DLF PE 190 (6.30)	Buy when you buy Fut.	Hedging Position				Max Loss: Rs. 4000
Derivative- Option Strategy
RIL CE 720 (18.00)	Must Buy At 17—13	Options Trading strategy with High Risk- High Gain.				Max Profits: Unlimited	Trade & hold for 1—3 days for good gains.
RIL PE 700  (8.30)	Sell 2 Lot with CE 720
						Max Loss: Rs. 8000
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 (11th June 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 50350.00Approx.