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Keynote technicals currency intraday levels for 010213


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Keynote technicals currency intraday levels for 010213

  1. 1. NSE Currency Intra-day Technical Levels For - 01/02/13 Close * Intra Day Pivot Resistance Support CURRENCY CONTRACT_D 31/01/13 Trend Point R1 R2 R3 S1 S2 S3FUTCUREURINR26-FEB-2013 72.2750000 DOWN 72.3583 72.4967 72.7183 73.0783 72.1367 71.9983 71.6383FUTCUREURINR27-MAR-2013 72.5400000 DOWN 72.6342 72.7558 72.9717 73.3092 72.4183 72.2967 71.9592FUTCUREURINR26-APR-2013 72.7900000 DOWN 73.0533 73.3567 73.9233 74.7933 72.4867 72.1833 71.3133FUTCUREURINR29-MAY-2013 73.0500000 DOWN 73.0500 73.0500 73.0500 73.0500 73.0500 73.0500 73.0500FUTCURGBPINR26-FEB-2013 84.2725000 DOWN 84.3892 84.6683 85.0642 85.7392 83.9933 83.7142 83.0392FUTCURGBPINR27-MAR-2013 84.5900000 DOWN 84.6908 84.9592 85.3283 85.9658 84.3217 84.0533 83.4158FUTCURGBPINR26-APR-2013 85.2000000 DOWN 85.2042 85.2083 85.2167 85.2292 85.1958 85.1917 85.1792FUTCURGBPINR29-MAY-2013 86.0000000 UP 85.5067 86.4933 86.9867 88.4667 85.0133 84.0267 82.5467FUTCURJPYINR26-FEB-2013 58.7225000 DOWN 58.8125 58.9775 59.2325 59.6525 58.5575 58.3925 57.9725FUTCURJPYINR27-MAR-2013 58.9875000 DOWN 59.0758 59.2317 59.4758 59.8758 58.8317 58.6758 58.2758FUTCURJPYINR26-APR-2013 59.2200000 DOWN 59.3342 59.4483 59.6767 60.0192 59.1058 58.9917 58.6492FUTCURUSDINR26-FEB-2013 53.3975000 DOWN 53.4125 53.5725 53.7475 54.0825 53.2375 53.0775 52.7425FUTCURUSDINR27-MAR-2013 53.6650000 DOWN 53.6783 53.8367 54.0083 54.3383 53.5067 53.3483 53.0183FUTCURUSDINR26-APR-2013 53.9550000 DOWN 53.9683 54.1167 54.2783 54.5883 53.8067 53.6583 53.3483FUTCURUSDINR29-MAY-2013 54.2300000 DOWN 54.2408 54.3967 54.5633 54.8858 54.0742 53.9183 53.5958FUTCURUSDINR26-JUN-2013 54.4825000 UP 54.4808 54.6617 54.8408 55.2008 54.3017 54.1208 53.7608FUTCURUSDINR29-JUL-2013 54.7475000 DOWN 54.7575 54.9050 55.0625 55.3675 54.6000 54.4525 54.1475FUTCURUSDINR28-AUG-2013 55.0350000 DOWN 55.0567 55.1583 55.2817 55.5067 54.9333 54.8317 54.6067FUTCURUSDINR26-SEP-2013 55.2825000 UP 55.2675 55.4575 55.6325 55.9975 55.0925 54.9025 54.5375FUTCURUSDINR29-OCT-2013 55.5425000 DOWN 55.5900 55.6800 55.8175 56.0450 55.4525 55.3625 55.1350FUTCURUSDINR27-NOV-2013 55.8000000 DOWN 55.8167 55.9633 56.1267 56.4367 55.6533 55.5067 55.1967FUTCURUSDINR27-DEC-2013 56.0175000 DOWN 56.0325 56.1625 56.3075 56.5825 55.8875 55.7575 55.4825FUTCURUSDINR29-JAN-2014 56.1900000 DOWN 56.2933 56.3967 56.6033 56.9133 56.0867 55.9833 55.6733Sanjay 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
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