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Keynote technical currency intraday levels for 050313
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Keynote technical currency intraday levels for 050313

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  • 1. NSE Currency Intra-day Technical Levels For - 05/03/13 Close * Intra Day Pivot Resistance Support CURRENCY CONTRACT_D 04/03/13 Trend Point R1 R2 R3 S1 S2 S3FUTCUREURINR27-MAR-2013 71.6475000 DOWN 71.7892 71.9733 72.2992 72.8092 71.4633 71.2792 70.7692FUTCUREURINR26-APR-2013 72.0150000 DOWN 72.1458 72.3192 72.6233 73.1008 71.8417 71.6683 71.1908FUTCUREURINR29-MAY-2013 72.3175000 DOWN 72.4375 72.6050 72.8925 73.3475 72.1500 71.9825 71.5275FUTCUREURINR26-JUN-2013 72.7800000 DOWN 72.7800 72.7800 72.7800 72.7800 72.7800 72.7800 72.7800FUTCUREURINR27-DEC-2013 74.7700000 DOWN 74.7700 74.7700 74.7700 74.7700 74.7700 74.7700 74.7700FUTCURGBPINR27-MAR-2013 82.9225000 DOWN 83.0183 83.1967 83.4708 83.9233 82.7442 82.5658 82.1133FUTCURGBPINR26-APR-2013 83.3225000 DOWN 83.4292 83.5833 83.8442 84.2592 83.1683 83.0142 82.5992FUTCURGBPINR29-MAY-2013 83.7350000 DOWN 83.7483 83.8867 84.0383 84.3283 83.5967 83.4583 83.1683FUTCURJPYINR27-MAR-2013 59.0025000 DOWN 59.1075 59.2850 59.5675 60.0275 58.8250 58.6475 58.1875FUTCURJPYINR26-APR-2013 59.2325000 DOWN 59.3525 59.5100 59.7875 60.2225 59.0750 58.9175 58.4825FUTCURJPYINR29-MAY-2013 59.7350000 UP 59.6600 59.8100 59.8850 60.1100 59.5850 59.4350 59.2100FUTCURUSDINR27-MAR-2013 55.1600000 DOWN 55.2425 55.3625 55.5650 55.8875 55.0400 54.9200 54.5975FUTCURUSDINR26-APR-2013 55.4850000 DOWN 55.5617 55.6733 55.8617 56.1617 55.3733 55.2617 54.9617FUTCURUSDINR29-MAY-2013 55.7450000 DOWN 55.8267 55.9333 56.1217 56.4167 55.6383 55.5317 55.2367FUTCURUSDINR26-JUN-2013 56.0050000 DOWN 56.0817 56.1933 56.3817 56.6817 55.8933 55.7817 55.4817FUTCURUSDINR29-JUL-2013 56.2475000 DOWN 56.3342 56.4358 56.6242 56.9142 56.1458 56.0442 55.7542FUTCURUSDINR28-AUG-2013 56.5125000 DOWN 56.6033 56.7017 56.8908 57.1783 56.4142 56.3158 56.0283FUTCURUSDINR26-SEP-2013 56.8225000 DOWN 56.9017 56.9808 57.1392 57.3767 56.7433 56.6642 56.4267FUTCURUSDINR29-OCT-2013 57.0600000 DOWN 57.4233 57.7867 58.5133 59.6033 56.6967 56.3333 55.2433FUTCURUSDINR27-NOV-2013 57.3600000 DOWN 57.4100 57.4600 57.5600 57.7100 57.3100 57.2600 57.1100FUTCURUSDINR27-DEC-2013 57.5850000 DOWN 57.6417 57.7808 57.9767 58.3117 57.4458 57.3067 56.9717FUTCURUSDINR29-JAN-2014 57.8825000 DOWN 57.9283 58.0542 58.2258 58.5233 57.7567 57.6308 57.3333FUTCURUSDINR26-FEB-2014 58.1475000 UP 58.1458 58.3017 58.4558 58.7658 57.9917 57.8358 57.5258Sanjay Bhatia (AVP – Technical Research), Email Id sanjay@keynotecapitals.netPivot Point: Intra- Day Trading Tool. - The key to the use of this tool is the use of Stop Loss Intra Day Trend: It is valid only till the point where Price trades above Pivot Point. For Eg. “UP” would be valid till Priceremains above Pivot Point. It would become “DOWN” in event Price trades below Pivot Point.Pivot Point (PP): This is a trigger point for Intra Day Buy / Sell based on the price range of the previous day.R1: Resistance 1: 1st Resistance level over Pivot Point, R2: Resistance 2: Next Resistance level after R1.R3: Resistance 3: Next Resistance level after R2.S1: Support 1: 1st Support level after Pivot Point, S2: Support 2: Next Support level after S1.S3: Support 3: Next Support level after S2.Note: As per this tool, the trader should take BUY position just above the Pivot Point and keep the Pivot Point level as stoploss and the first target would be R1 level (Resistance 1). If R1 is crossed then R2 (Resistance 2) becomes the next targetwith the stop loss placed at R1 level. If R2 is crossed then R3 (Resistance 3) becomes the next target with the stop lossplaced at R2 level.Similarly if price goes below the Pivot Point the trader should take a SELL position and keep the Pivot Point level as thestop loss and the first target would be S1 level (Support 1). If S1 level is breached then S2 level (Support 2) becomes thenext target with the stop loss placed at S1 level. If S2 level is breached then S3 level (Support 3) becomes the next targetwith the stop loss placed at S2 level. Keynote Capitals Ltd. The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai, India – 400028 Tel: 30266000 / 22694322 www.keynotecapitals.com
  • 2. Disclaimer: This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or redistributed to any otherperson. Persons into whose possession this document may come are required to observe these restrictions. This material is for the personal information of the authorizedrecipient, and we are not soliciting any action based upon it. This report is not to be construed as an offer to sell or the solicitation of an offer to buy any security in anyjurisdiction where such an offer or solicitation would be illegal. It is for the general information of clients of Keynote Capitals Ltd. It does not constitute a personalrecommendation or take into account the particular investment objectives, financial situations, or needs of individual clients. We have reviewed the report, and in so far as itincludes current or historical information, it is believed to be reliable though its accuracy or completeness cannot be guaranteed. Neither Keynote Capitals Ltd., nor anyperson connected with it, accepts any liability arising from the use of this document. The recipients of this material should rely on their own investigations and take theirown professional advice. Price and value of the investments referred to in this material may go up or down. Past performance is not a guide for future performance. Certaintransactions -including those involving futures, options and other derivatives as well as non-investment grade securities - involve substantial risk and are not suitable for allinvestors. Reports based on technical analysis centers on studying charts of a stock’s price movement and trading volume, as opposed to focusing on a company’sfundamentals and as such, may not match with a report on a company’s fundamentals. Opinions expressed are our current opinions as of the date appearing on thismaterial only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons thatprevent us from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change withoutnotice. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. We and ouraffiliates, officers, directors, and employees world wide may: (a) from time to time, have long or short positions in, and buy or sell the securities thereof, of company (ies)mentioned herein or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as a market maker in the financialinstruments of the company (ies) discussed herein or act as advisor or lender / borrower to such company (ies) or have other potential conflict of interest with respect toany recommendation and related information and opinions. The analyst for this report certifies that all of the views expressed in this report accurately reflect his or herpersonal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related tospecific recommendations or views expressed in this report. No part of this material may be duplicated in any form and/or redistributed without Keynote Capitals Ltd’s., priorwritten consent. Keynote Capitals Ltd. The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai, India – 400028 Tel: 30266000 / 22694322 www.keynotecapitals.com

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