Daily News Letter Dated 20th 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: 20 June 2012
NIFTY:
Last Close: 5103.85 (Up 39.60)
Resistance Levels: 5180, 5250, 5330, 5450, 5630
Support Levels: 5000, 4910, 4800, 4650, 4550
SENSEX:
Last Close: 16859.80 (Up 153.97)
Resistance Levels: 17100, 17400, 17700, 18000, 18500
Support Levels: 16500, 16150, 15800, 15300, 15000
Nifty will show gap up opening toward 5150 & further upside can be seen to 5180—5200 today. Nifty nearing it’s top for short term, we advice to remain hedging with your positions. Stock specific good upside can be seen, but it’s time to trade both side & enjoy the volatility.
Hot Sectors For Today: Metals & Infra.
BTST/ STBT in last trade (Fut.):
Ster (Buy – 92.40; SL- No SL; Book Partial At 94 Same Day)
SCRIP NAME (CMP) | ENTRY LEVEL | TGT1 | TGT2—3 | SL | COMMENTS | ||
Hot Today | |||||||
CHAMBLFERT (72.00) | Buy At 72—70 | 74 | 75—76 | 68 | Expect good technical bounce, buy at dip only. | ||
ARVIND (68.90) | Must Buy 68.5—67 | 70 | 71—72 | 65.5 | Keep an eye on all textile stocks for upside. | ||
Derivative- Future (Strategy for today) | |||||||
ORCHIDCHE (111.65) | Must Buy At 111—109 | 113.50 | 115—116.50 | Bel 107 | Max Profits: Unlimited | Highly oversold on charts, go long now. | |
ORCHID PE 110 (2.65) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs 4000 | ||||
PETRONET (126.75) | Buy At 126—123 | 129 | 130.5—132 | Bel 121 | Max Profits: Unlimited | Low risk & high gain for short term trader | |
PETRO PE 120 (0.55) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs. 4000 | ||||
Derivative- Option Strategy | |||||||
DLF CE 190 (4.20) | Must Buy At 4—2 | Options Trading strategy with High Risk- High Gain. | Max Profits: Unlimited | Trade & hold for 3—5 days for good gains. | |||
DLF PE 180 (1.90) | Sell 2 Lot with CE190 | ||||||
Max Loss: Rs. 5000 | |||||||
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 (19th June 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 62550.00Approx.
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