Daily News Letter Dated 5th 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: 5 June 2012

NIFTY:

Last Close: 4848.15 (Up 6.35)

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

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

SENSEX:

Last Close: 15988.40 (Up 23.24)

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

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

Nifty can further rise toward 4880—4900 but will face hurdle at 4920. One should sell on rise with given stop loss. We will see this kind of volatility for next 1—2 weeks until weekly downside completes. Time to buy at every dip.

Hot Sectors Today: R-Group & Infra.

BTST/ STBT in last trade (Fut.):

Pnb (Buy – 716; SL- 700; Book Partial At 725 Sameday)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
SUZLON (17.30)	Buy At 17—16.50	17.70	18—18.50	16	Good stock to buy at every dip for good upside
ABAN (333.00)	Must Buy At  330-324	338	341—345+	318	Low risk for short to medium term, buy at dip
Derivative- Future (Strategy for today)
CANBK (389.20)	Must  Buy At  389--381	396	400—404	Bel 375	Max Profits: Unlimited	Good banking stock for short term gain.
…………. (…..)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs 3000
BHEL (208.00)	Buy At 207—202	213	215.5—218+	Bel 198	Max Profits: Unlimited	One should buy today & hold long.
BHEL PE 200 (6.05)	Buy when you buy Fut.	Hedging Position			Max Loss: Rs. 4000
Derivative- Option Strategy
RCOM   CE 65 (2.85)	Must Buy At 2.70—2.20	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	Trade & hold for 3—5 days for good gains.
RCOM   PE  60 (2.15)	Sell 1 Lot with CE 65
					Max Loss: Rs. 8000
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 (4th June 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs 56200.00Approx.