4. NSE Futures Intra-day Technical Levels For 14/09/12
Close * Intra
(Fut) Day Pivot Resistance Support
Company Expiry 13/09/12 Trend Point R1 R2 R3 S1 S2 S3
TATAPOWER 27-Sep-12 95 UP 95 96 97 98 95 94 93
TATASTEEL 27-Sep-12 388 UP 388 392 395 403 384 380 373
TCS 27-Sep-12 1422 UP 1420 1427 1433 1445 1415 1407 1395
TECHM 27-Sep-12 915 DOWN 919 928 940 962 906 897 876
TITAN 27-Sep-12 239 UP 239 241 244 248 237 235 231
TTKPRESTIG 27-Sep-12 3395 UP 3390 3424 3453 3516 3361 3327 3264
TTML 27-Sep-12 11 DOWN 11 11 11 11 11 11 10
TVSMOTOR 27-Sep-12 39 UP 39 39 40 41 38 37 36
UCOBANK 27-Sep-12 66 DOWN 67 67 69 70 65 65 63
ULTRACEMCO 27-Sep-12 1726 DOWN 1737 1756 1786 1835 1707 1688 1639
UNIONBANK 27-Sep-12 160 DOWN 161 163 165 170 158 157 152
UNIPHOS 27-Sep-12 125 UP 124 126 128 131 123 121 117
UNITECH 27-Sep-12 20 UP 20 21 21 21 20 20 19
VIDEOIND 27-Sep-12 182 UP 182 183 185 188 180 178 175
VIJAYABANK 27-Sep-12 48 DOWN 48 49 50 51 47 47 46
VIPIND 27-Sep-12 83 UP 83 84 86 89 81 80 77
VOLTAS 27-Sep-12 112 DOWN 113 114 117 120 111 110 106
WELCORP 27-Sep-12 102 DOWN 102 103 104 106 100 99 97
WIPRO 27-Sep-12 389 UP 388 391 393 397 386 384 379
YESBANK 27-Sep-12 339 DOWN 340 343 346 352 336 334 327
ZEEL 27-Sep-12 171 DOWN 172 173 175 179 170 168 164
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.
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