Daily News Letter Dated 4th 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: 4 June 2012

NIFTY:

Last Close: 4841.60 (Down 82.65)

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

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

SENSEX:

Last Close: 15965.16 (Down 253.37)

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

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

Nifty will show a gap down opening toward 4800—4770 & can create further panic due to global panic. One can buy around dip to 4770 & wait for bounce back in mid-session. Nifty has strong support at 4700 levels.

Hot Sectors Today: Oil-Gas & Bank.

BTST/ STBT in last trade (Fut.):

Tatasteel (Buy – 392; SL- 387; Tgt  Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
ESSAROIL (49.25)	Buy At 48.50—47.50	50	50.50—51	47	All Oil & Gas stocks are looking hot for rise
DENABANK (88.10)	Must Sell At  Opening	86.50	85.50—84	90	Banking stocks can show panic selling today.
Derivative- Future (Strategy for today)
GAIL (328.20)	Must  Buy At  327--320	334	337—340	Bel 314	Max Profits: Unlimited	Low risk for intra-day trader buy at dip
GAIL PE 320 (9.35)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 3000
PANTALOONR (138.60)	Buy At 137—134	141	143—145+	Bel 130	Max Profits: Unlimited	Good stock to buy at dip for bounce back.
PANTAL  PE 130 (5.10)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
Derivative- Option Strategy
NIFTY   CE 4800 (138.7)	Must Buy At 120—100	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 3—5 days for good gains.
NIFTY  PE  4600 (62.80)	Sell 2 Lot with CE 4800
					Max Loss: Rs. 5000
Investment Pick (Long Term)
ONMOBILE (532944) (40.3)	Must Buy At 40—36	60	70—80+	Long term investor can buy in truck load 4 good gain.

Last Trade (31^st May 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs -18250.00Approx.