The document provides daily technical analysis for currency futures contracts traded on the NSE for November 26, 2012. It lists the intraday trend, pivot point, and resistance and support levels for various currency pairs. The pivot point is an important reference level for determining intraday buy/sell positions, with resistance levels above and support levels below the pivot point serving as potential targets. Maintaining a stop loss at the pivot point or breached resistance/support levels is recommended for managing risk according to this technical analysis approach.

1. NSE Currency Intra-day Technical Levels For - 26/11/12
Close * Intra Day Pivot Resistance Support
CURRENCY CONTRACT_D 23/11/12 Trend Point R1 R2 R3 S1 S2 S3
FUTCUREURINR27-NOV-2012 71.6650 UP 71.4758 71.8792 72.0933 72.7108 71.2617 70.8583 70.2408
FUTCUREURINR27-DEC-2012 71.9275 UP 71.7533 72.1267 72.3258 72.8983 71.5542 71.1808 70.6083
FUTCUREURINR29-JAN-2013 72.1450 UP 72.0092 72.3558 72.5667 73.1242 71.7983 71.4517 70.8942
FUTCUREURINR26-FEB-2013 72.4150 UP 72.4050 72.8100 73.2050 74.0050 72.0100 71.6050 70.8050
FUTCUREURINR27-MAR-2013 72.5975 UP 72.5958 72.6017 72.6058 72.6158 72.5917 72.5858 72.5758
FUTCUREURINR26-APR-2013 72.7000 UP 72.6333 72.7667 72.8333 73.0333 72.5667 72.4333 72.2333
FUTCUREURINR26-JUN-2013 73.0000 DOWN 73.0000 73.0000 73.0000 73.0000 73.0000 73.0000 73.0000
FUTCUREURINR28-AUG-2013 73.3000 DOWN 73.3000 73.3000 73.3000 73.3000 73.3000 73.3000 73.3000
FUTCURGBPINR27-NOV-2012 88.5425 UP 88.3617 88.7508 88.9592 89.5567 88.1533 87.7642 87.1667
FUTCURGBPINR27-DEC-2012 88.8700 UP 88.7158 89.0642 89.2583 89.8008 88.5217 88.1733 87.6308
FUTCURGBPINR29-JAN-2013 89.1800 UP 89.0633 89.3267 89.4733 89.8833 88.9167 88.6533 88.2433
FUTCURGBPINR26-FEB-2013 89.3925 UP 89.0283 89.7642 90.1358 91.2433 88.6567 87.9208 86.8133
FUTCURJPYINR27-NOV-2012 67.5800 UP 67.4083 67.7992 68.0183 68.6283 67.1892 66.7983 66.1883
FUTCURJPYINR27-DEC-2012 67.7975 UP 67.6675 67.9950 68.1925 68.7175 67.4700 67.1425 66.6175
FUTCURJPYINR29-JAN-2013 67.9500 UP 67.8800 68.0700 68.1900 68.5000 67.7600 67.5700 67.2600
FUTCURUSDINR27-NOV-2012 55.5950 UP 55.4675 55.7575 55.9200 56.3725 55.3050 55.0150 54.5625
FUTCURUSDINR27-DEC-2012 55.8475 UP 55.7250 56.0000 56.1525 56.5800 55.5725 55.2975 54.8700
FUTCURUSDINR29-JAN-2013 56.0950 UP 55.9742 56.2483 56.4017 56.8292 55.8208 55.5467 55.1192
FUTCURUSDINR26-FEB-2013 56.3075 UP 56.2175 56.4200 56.5325 56.8475 56.1050 55.9025 55.5875
FUTCURUSDINR27-MAR-2013 56.5150 UP 56.4158 56.6317 56.7483 57.0808 56.2992 56.0833 55.7508
FUTCURUSDINR26-APR-2013 56.7850 UP 56.6617 56.9233 57.0617 57.4617 56.5233 56.2617 55.8617
FUTCURUSDINR29-MAY-2013 57.0000 UP 56.9008 57.0992 57.1983 57.4958 56.8017 56.6033 56.3058
FUTCURUSDINR26-JUN-2013 57.1000 UP 57.0158 57.1842 57.2683 57.5208 56.9317 56.7633 56.5108
FUTCURUSDINR29-JUL-2013 57.2500 UP 57.1850 57.3650 57.4800 57.7750 57.0700 56.8900 56.5950
FUTCURUSDINR28-AUG-2013 57.5000 UP 57.4867 57.5133 57.5267 57.5667 57.4733 57.4467 57.4067
FUTCURUSDINR26-SEP-2013 57.8000 UP 57.7000 57.9000 58.0000 58.3000 57.6000 57.4000 57.1000
FUTCURUSDINR29-OCT-2013 58.0400 UP 57.9475 58.1425 58.2450 58.5425 57.8450 57.6500 57.3525
Sanjay Bhatia (AVP – Technical Research), Email Id sanjay@keynotecapitals.net
Pivot 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 Price
remains 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 stop
loss and the first target would be R1 level (Resistance 1). If R1 is crossed then R2 (Resistance 2) becomes the next target
with the stop loss placed at R1 level. If R2 is crossed then R3 (Resistance 3) becomes the next target with the stop loss
placed 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 the
stop loss and the first target would be S1 level (Support 1). If S1 level is breached then S2 level (Support 2) becomes the
next target with the stop loss placed at S1 level. If S2 level is breached then S3 level (Support 3) becomes the next target
with 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

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The Ruby,
9th Floor, Senapati Bapat Marg,
Dadar (W), Mumbai, India – 400028
Tel: 30266000 / 22694322
www.keynotecapitals.com