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PIVOTS POINTS
SWASTIKA INTELLIGENCE GROUP

07th January 2014

Trading Strategy For 07th January 2014
Scripts Name

Close

R3

R2

R1

Pivot

S1

S2

S3

Nifty

6191.45

6275.13

6249.92

6220.68

6195.47

6166.23

6141.02

6111.78

ACC

1085.00

1119.53

1107.07

1096.03

1083.57

1072.53

1060.07

1049.03

AMBUJACEM

176.30

181.38

179.97

178.13

176.72

174.88

173.47

171.63

ASIANPAINT

490.65

504.47

498.48

494.57

488.58

484.67

478.68

474.77

AXISBANK

1256.30

1285.40

1273.70

1265.00

1253.30

1244.60

1232.90

1224.20

BAJAJ-AUTO

1888.30

1925.37

1912.63

1900.47

1887.73

1875.57

1862.83

1850.67

BANKBARODA

637.25

662.63

656.32

646.78

640.47

630.93

624.62

615.08

BHEL

164.30

171.33

169.67

166.98

165.32

162.63

160.97

158.28

BPCL

329.80

343.97

340.43

335.12

331.58

326.27

322.73

317.42

BHARTIARTL

329.35

336.32

333.48

331.42

328.58

326.52

323.68

321.62

CAIRN

319.55

325.70

324.25

321.90

320.45

318.10

316.65

314.30

CIPLA

391.60

404.12

400.03

395.82

391.73

387.52

383.43

379.22

COALINDIA

276.30

285.78

282.97

279.63

276.82

273.48

270.67

267.33

DLF

166.80

173.98

171.87

169.33

167.22

164.68

162.57

160.03

DRREDDY

2471.25

2558.82

2536.88

2504.07

2482.13

2449.32

2427.38

2394.57

GAIL

336.20

346.17

343.83

340.02

337.68

333.87

331.53

327.72

GRASIM

2631.20

2721.50

2686.60

2658.90

2624.00

2596.30

2561.40

2533.70

HCLTECH

1250.65

1284.70

1275.35

1263.00

1253.65

1241.30

1231.95

1219.60

HDFCBANK

661.70

670.13

666.57

664.13

660.57

658.13

654.57

652.13

HDFC

795.85

815.43

806.92

801.38

792.87

787.33

778.82

773.28

HEROMOTOCO

2068.90

2132.88

2116.97

2092.93

2077.02

2052.98

2037.07

2013.03

HINDALCO

118.25

121.90

120.75

119.50

118.35

117.10

115.95

114.70

HINDUNILVR

563.50

575.07

571.43

567.47

563.83

559.87

556.23

552.27

ICICIBANK

1040.80

1095.47

1082.23

1061.52

1048.28

1027.57

1014.33

993.62

IDFC

104.30

107.23

106.37

105.33

104.47

103.43

102.57

101.53

INDUSINDBK

413.30

421.73

418.37

415.83

412.47

409.93

406.57

404.03

Visit us at: - www.swastika.co.in

Page 1 of 3
Scripts Name

Close

R3

R2

R1

Pivot

S1

S2

S3

INFY

3517.90

3687.97

3634.23

3576.07

3522.33

3464.17

3410.43

3352.27

ITC

315.65

320.27

318.48

317.07

315.28

313.87

312.08

310.67

JPASSOCIAT

51.70

54.23

53.47

52.58

51.82

50.93

50.17

49.28

JINDALSTEL

258.90

269.97

266.23

262.57

258.83

255.17

251.43

247.77

KOTAKBANK

714.10

730.27

723.63

718.87

712.23

707.47

700.83

696.07

LT

1010.50

1050.18

1038.07

1024.28

1012.17

998.38

986.27

972.48

LUPIN

938.00

964.72

957.83

947.92

941.03

931.12

924.23

914.32

M&M

895.40

921.90

913.40

904.40

895.90

886.90

878.40

869.40

MARUTI

1807.70

1847.40

1833.40

1820.55

1806.55

1793.70

1779.70

1766.85

NMDC

137.00

141.97

140.33

138.67

137.03

135.37

133.73

132.07

NTPC

132.15

135.97

134.48

133.32

131.83

130.67

129.18

128.02

ONGC

280.95

292.43

288.62

284.78

280.97

277.13

273.32

269.48

POWERGRID

99.60

102.60

101.80

100.70

99.90

98.80

98.00

96.90

PNB

610.05

631.53

625.22

617.63

611.32

603.73

597.42

589.83

RANBAXY

483.00

498.67

494.33

488.67

484.33

478.67

474.33

468.67

RELIANCE

854.95

875.38

869.32

862.13

856.07

848.88

842.82

835.63

SSLT

198.95

204.17

201.98

200.47

198.28

196.77

194.58

193.07

SBIN

1688.15

1756.10

1740.05

1714.10

1698.05

1672.10

1656.05

1630.10

SUNPHARMA

588.25

604.32

597.58

592.92

586.18

581.52

574.78

570.12

TCS

2239.60

2303.73

2273.87

2256.73

2226.87

2209.73

2179.87

2162.73

TATAMOTORS

366.95

376.53

373.52

370.23

367.22

363.93

360.92

357.63

TATAPOWER

81.85

86.42

85.28

83.57

82.43

80.72

79.58

77.87

TATASTEEL

408.30

425.57

420.63

414.47

409.53

403.37

398.43

392.27

ULTRACEMCO

1724.30

1761.67

1747.23

1735.77

1721.33

1709.87

1695.43

1683.97

WIPRO
558.00
573.33
569.07
563.53
559.27
553.73
549.47
543.93
Pivot Point (PP): Day trading tool- This is trigger point for Intra Day buy/sell based on the price range of the previous day.
R1: Resistance One: 1st Resistance over PP

S1: Support One: 1st support after PP

R2: Resistance Two: 2nd Resistance over R1.

S2: Support two: 2nd support after S1.

Note: As per the tool, the trader should take BUY position just above PP and keep the stop loss of PP and the first target would be R1. If R1
is crossed then R2 becomes the next target with the stop loss at R1. Similarly if price goes below PP the trader should SELL and keep the PP
as Stop Loss and the first target would be S1. If S1 is crossed then S2 becomes the next target with the stop loss at S1. This is an intra-day
tool, and the key to use this tool is to revise the STOP LOSS as when price moves up.

Visit us at: - www.swastika.co.in

Page 2 of 3
Disclaimer: This document is solely for the personal information of the intended recipient and must not be exceptionally used as the basi s for any investment decision.
Nothing in this document should be construed as investment, Legal, taxation or financial advice. Swastika Investmart Ltd. is not soliciting any action based upon it. Each
recipient of this document should make necessary investigations as they consider important to arrive at an independent evalua tion of an investment in the securities of the
companies referred to in this document (including the merits and risks involved).
This report has been made based on information that we consider reliable and are publicly available but we do not state that it is accurate or complete and it should not be
solely relied upon such, as this document is for. Swastika Investmart Limited, its affiliates, directors, its proprietary trading and investment businesses may, from time to
time, make investment decisions that are inconsistent with or contradictory to the recommendations expressed herein. The view s contained in this document are those of
the analyst, and the company may or may not subscribe to all the views expressed within this document. Swastika Investmart Li mited or any of its affiliates/ group
companies, or employees shall not be in any way held responsible for any loss or damage tha t may arise to any person from any inadvertent error in the information
contained in this report.
Swastika Investmart Limited has not independently verified the information contained in this document. Accordingly, we cannot testify, nor make any representation or
warranty, express or implied, to the accuracy, contents or data contained within this document. This document is being suppli ed to you solely for your information, and its
contents, information or data may not be reproduced, redistributed or passed on, directly or indirectly.

Visit us at: - www.swastika.co.in

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