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PIVOTS POINTS
SWASTIKA INTELLIGENCE GROUP

14th January 2014

Trading Strategy For 14th January 2014
Scripts Name

Close

R3

R2

R1

Pivot

S1

S2

S3

Nifty

6272.75

6409.43

6348.82

6310.78

6250.17

6212.13

6151.52

6113.48

ACC

1037.15

1061.57

1052.28

1044.72

1035.43

1027.87

1018.58

1011.02

AMBUJACEM

170.10

176.77

173.93

172.02

169.18

167.27

164.43

162.52

ASIANPAINT

494.05

511.03

505.22

499.63

493.82

488.23

482.42

476.83

AXISBANK

1184.90

1236.60

1218.30

1201.60

1183.30

1166.60

1148.30

1131.60

BAJAJ-AUTO

1895.80

1942.33

1929.67

1912.73

1900.07

1883.13

1870.47

1853.53

BANKBARODA

617.60

642.30

632.90

625.25

615.85

608.20

598.80

591.15

BHEL

163.85

169.67

167.58

165.72

163.63

161.77

159.68

157.82

BPCL

331.50

339.05

336.00

333.75

330.70

328.45

325.40

323.15

BHARTIARTL

331.00

338.27

336.03

333.52

331.28

328.77

326.53

324.02

CAIRN

324.00

332.57

329.73

326.87

324.03

321.17

318.33

315.47

CIPLA

402.25

412.12

407.78

405.02

400.68

397.92

393.58

390.82

COALINDIA

290.25

296.70

294.75

292.50

290.55

288.30

286.35

284.10

DLF

161.05

169.10

165.55

163.30

159.75

157.50

153.95

151.70

DRREDDY

2626.55

2683.95

2661.85

2644.20

2622.10

2604.45

2582.35

2564.70

GAIL

344.75

359.17

354.18

349.47

344.48

339.77

334.78

330.07

GRASIM

2598.10

2672.22

2647.03

2622.57

2597.38

2572.92

2547.73

2523.27

HCLTECH

1343.35

1413.23

1383.12

1363.23

1333.12

1313.23

1283.12

1263.23

HDFCBANK

672.85

700.95

688.95

680.90

668.90

660.85

648.85

640.80

HDFC

818.65

849.10

835.55

827.10

813.55

805.10

791.55

783.10

HEROMOTOCO

2037.00

2079.92

2064.93

2050.97

2035.98

2022.02

2007.03

1993.07

HINDALCO

110.00

115.75

114.00

112.00

110.25

108.25

106.50

104.50

HINDUNILVR

545.70

559.13

555.57

550.63

547.07

542.13

538.57

533.63

ICICIBANK

1054.90

1098.30

1079.70

1067.30

1048.70

1036.30

1017.70

1005.30

IDFC

100.35

104.08

102.42

101.38

99.72

98.68

97.02

95.98

INDUSINDBK

413.10

432.63

424.07

418.58

410.02

404.53

395.97

390.48

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

Page 1 of 3
Scripts Name

Close

R3

R2

R1

Pivot

S1

S2

S3

INFY

3665.00

3792.33

3733.67

3699.33

3640.67

3606.33

3547.67

3513.33

ITC

325.45

330.67

328.48

326.97

324.78

323.27

321.08

319.57

JPASSOCIAT

47.65

51.20

50.05

48.85

47.70

46.50

45.35

44.15

JINDALSTEL

260.20

273.37

269.53

264.87

261.03

256.37

252.53

247.87

KOTAKBANK

716.90

758.98

741.87

729.38

712.27

699.78

682.67

670.18

LT

980.55

1026.73

1007.32

993.93

974.52

961.13

941.72

928.33

LUPIN

919.95

1003.62

975.58

947.77

919.73

891.92

863.88

836.07

M&M

888.25

913.25

902.15

895.20

884.10

877.15

866.05

859.10

MARUTI

1782.75

1859.75

1837.25

1810.00

1787.50

1760.25

1737.75

1710.50

NMDC

141.65

147.35

144.75

143.20

140.60

139.05

136.45

134.90

NTPC

132.75

136.97

135.18

133.97

132.18

130.97

129.18

127.97

ONGC

292.90

300.43

297.17

295.03

291.77

289.63

286.37

284.23

POWERGRID

98.00

100.27

99.33

98.67

97.73

97.07

96.13

95.47

PNB

601.35

625.45

615.55

608.45

598.55

591.45

581.55

574.45

RANBAXY

438.80

509.20

487.60

463.20

441.60

417.20

395.60

371.20

RELIANCE

880.40

901.27

892.13

886.27

877.13

871.27

862.13

856.27

SSLT

195.90

203.82

201.53

198.72

196.43

193.62

191.33

188.52

SBIN

1641.25

1689.13

1667.12

1654.18

1632.17

1619.23

1597.22

1584.28

SUNPHARMA

602.35

631.85

623.55

612.95

604.65

594.05

585.75

575.15

TCS

2368.75

2505.83

2444.92

2406.83

2345.92

2307.83

2246.92

2208.83

TATAMOTORS

376.15

387.52

383.48

379.82

375.78

372.12

368.08

364.42

TATAPOWER

78.85

84.03

82.62

80.73

79.32

77.43

76.02

74.13

TATASTEEL

385.95

396.97

393.08

389.52

385.63

382.07

378.18

374.62

ULTRACEMCO

1669.55

1730.33

1711.12

1690.33

1671.12

1650.33

1631.12

1610.33

WIPRO
561.45
580.97
574.48
567.97
561.48
554.97
548.48
541.97
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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Pivot Report of 14th janauary 2014