This document provides the intra-day technical levels for currency futures contracts on February 7, 2013. It lists the previous day's close, intra-day trend, pivot point, and resistance and support levels for each contract. The pivot point is a trigger for intra-day buy/sell decisions. Resistance levels above the pivot point (R1, R2, R3) and support levels below (S1, S2, S3) are also provided. The document instructs traders to take positions relative to the pivot point and use successive resistance/support levels as profit targets, moving stop losses to breakeven at each level.

1. NSE Currency Intra-day Technical Levels For - 07/02/13
Close * Intra Day Pivot Resistance Support
CURRENCY CONTRACT_D 06/02/13 Trend Point R1 R2 R3 S1 S2 S3
FUTCUREURINR26-FEB-2013 72.2500000 UP 72.1933 72.3992 72.5483 72.9033 72.0442 71.8383 71.4833
FUTCUREURINR27-MAR-2013 72.5125000 UP 72.4733 72.6692 72.8258 73.1783 72.3167 72.1208 71.7683
FUTCUREURINR26-APR-2013 72.7525000 UP 72.7175 72.9250 73.0975 73.4775 72.5450 72.3375 71.9575
FUTCUREURINR29-MAY-2013 73.0000000 UP 72.9367 73.0633 73.1267 73.3167 72.8733 72.7467 72.5567
FUTCUREURINR26-JUN-2013 73.3000000 UP 73.2333 73.3667 73.4333 73.6333 73.1667 73.0333 72.8333
FUTCUREURINR29-JUL-2013 73.4500000 DOWN 73.4500 73.4500 73.4500 73.4500 73.4500 73.4500 73.4500
FUTCURGBPINR26-FEB-2013 83.6375000 UP 83.4908 83.8442 84.0508 84.6108 83.2842 82.9308 82.3708
FUTCURGBPINR27-MAR-2013 83.9175000 UP 83.8075 84.1150 84.3125 84.8175 83.6100 83.3025 82.7975
FUTCURGBPINR26-APR-2013 84.2100000 UP 84.0558 84.3642 84.5183 84.9808 83.9017 83.5933 83.1308
FUTCURGBPINR29-MAY-2013 84.4200000 UP 84.3467 84.4933 84.5667 84.7867 84.2733 84.1267 83.9067
FUTCURJPYINR26-FEB-2013 57.0775000 UP 56.9692 57.2383 57.3992 57.8292 56.8083 56.5392 56.1092
FUTCURJPYINR27-MAR-2013 57.3375000 UP 57.2358 57.5017 57.6658 58.0958 57.0717 56.8058 56.3758
FUTCURJPYINR26-APR-2013 57.5550000 UP 57.4592 57.6583 57.7617 58.0642 57.3558 57.1567 56.8542
FUTCURJPYINR29-MAY-2013 57.7900000 DOWN 57.7900 57.7900 57.7900 57.7900 57.7900 57.7900 57.7900
FUTCURJPYINR26-JUN-2013 58.3500000 DOWN 58.3500 58.3500 58.3500 58.3500 58.3500 58.3500 58.3500
FUTCURUSDINR26-FEB-2013 53.3900000 UP 53.3125 53.5175 53.6450 53.9775 53.1850 52.9800 52.6475
FUTCURUSDINR27-MAR-2013 53.6525000 UP 53.5625 53.7850 53.9175 54.2725 53.4300 53.2075 52.8525
FUTCURUSDINR26-APR-2013 53.9425000 UP 53.8608 54.0617 54.1808 54.5008 53.7417 53.5408 53.2208
FUTCURUSDINR29-MAY-2013 54.2075000 UP 54.1333 54.3242 54.4408 54.7483 54.0167 53.8258 53.5183
FUTCURUSDINR26-JUN-2013 54.4750000 UP 54.4067 54.5883 54.7017 54.9967 54.2933 54.1117 53.8167
FUTCURUSDINR29-JUL-2013 54.7425000 UP 54.6758 54.8317 54.9208 55.1658 54.5867 54.4308 54.1858
FUTCURUSDINR28-AUG-2013 54.9725000 UP 54.9117 55.0408 55.1092 55.3067 54.8433 54.7142 54.5167
FUTCURUSDINR26-SEP-2013 55.3000000 UP 55.2233 55.3767 55.4533 55.6833 55.1467 54.9933 54.7633
FUTCURUSDINR29-OCT-2013 55.5900000 UP 55.5033 55.6767 55.7633 56.0233 55.4167 55.2433 54.9833
FUTCURUSDINR27-NOV-2013 55.7000000 UP 55.6517 55.7483 55.7967 55.9417 55.6033 55.5067 55.3617
FUTCURUSDINR27-DEC-2013 56.0125000 UP 55.9417 56.0833 56.1542 56.3667 55.8708 55.7292 55.5167
FUTCURUSDINR29-JAN-2014 56.2050000 UP 56.1433 56.3242 56.4433 56.7433 56.0242 55.8433 55.5433
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