Daily News Letter Dated 21st 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: 21 June 2012
NIFTY:
Last Close: 5120.55 (Up 16.70)
Resistance Levels: 5180, 5250, 5330, 5450, 5630
Support Levels: 5000, 4910, 4800, 4650, 4550
SENSEX:
Last Close: 16896.63 (Up 36.83)
Resistance Levels: 17100, 17400, 17700, 18000, 18500
Support Levels: 16500, 16150, 15800, 15300, 15000
Market will remain volatile in coming days too. Nifty has good hurdle at 5200 closing basis & support at 5000. Any side break will show sharp move. Nifty is nearing its top but traders should keep hedge with all their long/ short positions. We remain cautious on rise.
Hot Sectors For Today: Metals & Infra.
BTST/ STBT in last trade (Fut.):
Chamblfert (Buy – 71.50; SL- 70; Tgt Later)
SCRIP NAME (CMP) | ENTRY LEVEL | TGT1 | TGT2—3 | SL | COMMENTS | ||
Hot Today | |||||||
HINDALCO (122.60) | Buy At 122—119 | 125 | 126.50—128 | 117 | Stock can show good upside with the market. | ||
BOMDYEING (494.05) | Must Buy 494—485 | 505 | 510—515 | 475 | Buy at dips for bounce toward 540—550 soon. | ||
Derivative- Future (Strategy for today) | |||||||
BHEL (215.60) | Must Buy At 215—210 | 220 | 222.50—225 | Bel 207 | Max Profits: Unlimited | Stock is near its bottom, but in bulk. | |
BHEL PE 210 (2.30) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs 3000 | ||||
MARUTI (1081.50) | Buy At 1080—1060 | 1100 | 1110—1120 | Bel 1040 | Max Profits: Unlimited | Auto stocks can show good bounce today. | |
MARUTI PE 1050 (11.4) | Buy when you buy Fut. | Hedging Position | Max Loss: Rs. 5000 | ||||
Derivative- Option Strategy | |||||||
RCOM CE 65 (1.40) | Must Buy At 1.30—0.90 | Options Trading strategy with High Risk- High Gain. | Max Profits: Unlimited | Trade & hold for 3—5 days for good gains. | |||
RCOM PE 60 (0.70) | Sell 2 Lot with CE65 | ||||||
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 (20th June 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 75390.00Approx.
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