Daily News Letter Dated 14th 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: 14 June 2012

NIFTY:

Last Close: 5121.45 (Up 5.55)

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

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

SENSEX:

Last Close: 16880.51 (Up 17.71)

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

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

Market will remain volatile for next 2 days. Nifty has good resistance at 5250 closing basis in short term and above this only further upside possible. We smell something bad for next week, avoid too much long & keep hedge with options to avoid major losses.

Hot Sectors For Today: Auto & Bank.

BTST/ STBT in last trade (Fut.):

Tatamotors (Buy – 238;  Book Partial At 240.30 Same Day)

Maruti (Buy – 1110; SL- 1100; Tgt Later )

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3		SL	COMMENTS
Hot Today
BAJAJAUTO (1560.00)	Buy At 1550—1520	1590	1605—1620		1500	Stock is trading in tight range go long tgt 1700
SBI  (2222.25)	Must Sell 2230—2270	2190	2170—2150		2300	One can sell on every rise with sl for Tgt 2000.
Derivative- Future (Strategy for today)
BGRENERGY(289.95)	Must  Buy At  289--284	294	297—300+		Bel 280	Max Profits: Unlimited	Good scrip for 1—2 days, keep stop loss.
………………. (…….)	Buy when you buy Fut.	Hedging Position				Max Loss: Rs 4000
ANDHRABNK  (110.95)	Buy At 110.50—108	113	114.50—116		Bel 106	Max Profits: Unlimited	Trade with market trend, expect bounce.
ANDHRA PE 110 (3.00)	Buy when you buy Fut.	Hedging Position				Max Loss: Rs. 4000
Derivative- Option Strategy
TATAMOTCE 240(8.45)	Must Buy At 8—6	Options Trading strategy with High Risk- High Gain.				Max Profits: Unlimited	Trade & hold for 2—5 days for good gains.
TATAMOT PE220 (2.80)	Sell 2 Lots with CE  240
						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 (13th June 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 45250.00Approx.