IMPORTANT LEVELS FOR THE DAY

Transcription

1 Tech View 27-Jan-14 LKP Advisory CNX NIFTY IMPORTANT LEVELS FOR THE DAY Support BSE NSE S1 21, S2 20, Resistance R1 21, R2 21, Pivot 21,197 6,287 TECHNICAL VIEW Technically, Nifty has made a bearish Gravestone DOJI candlestick pattern, which indicates selling pressure to probably continue further. The high of 6355 could now act as a crucial and critical resistance level for the next few weeks. Implications of this pattern could be bearish if Nifty breaks 6240 on the spot levels. It could mean that there is a chance of further selling pressure seen in the indices. The global markets falling and the currency depreciating are also some key factors why the markets could see some more pain in the very near term. TODAY'S RECOMMENDATION SCRIP NAME TENURE RECO RATE TOP LOSS TARGET LKP Securities Ltd., Ph: (91-22) FAX: (91-22) E Mail: lkpadvisory@lkpsec.com website:

2 20-Jan 21-Jan 22-Jan 23-Jan 24-Jan 20-Jan 21-Jan 22-Jan 23-Jan 24-Jan Rs. Crs Rs. Crs WORLD INDICES PERFORMANCE TOP GAINERS World Indices 24-Jan 23-Jan Chg. Company LTP Chg Chg Dow Jones Industrial Ave 15,879 16, Bharti Infratel S&P 500 Index 1,790 1, Mahindra & Mah Fin Europen Indices Amara Raja CAC 40 Index 4,161 4, Dabur India Deutsche Borse AG Germ 9,392 9, Asian Paints Hong Kong Hang Seng In 21,967 22, TOP LOSERS Nikkei ,009 15, Canara Bank SGX Nifty 27-Jan Biocon CURRENCY FUTURE (NSE) Oriental Bank USDINR Bank of India EURINR Power Finance FII's INVESTMENTS IN DERIVATIVES FII's INVESTMENTS IN EQUITY Calls till Jan-2014 Dec-2013 Jan Failed Succes s Failed Succes s Failed Succes s 55.66

3 LAST 7 TRADING DAYS RECOMMENDATION Date SCRIP NAME TENURE LONG / RATE SL TGT PART PART FULL FULL ROI STATUS CMP SHORT DATE DATE 15-Jan TATAMOTORS INTRADAY LONG Jan 0.00 SUCCESS Jan KOLTEPATIL 1 WEAK LONG Jan FAILED Jan CENTURYTEX 1 WEAK LONG Jan FAILED Jan CANBK 1 WEAK LONG Jan 0.01 SUCCESS Jan M&MFIN 1 WEAK LONG Jan FAILED Jan NIFTY 1 WEAK LONG Jan FAILED Jan AMBUJACEM 1 WEAK LONG Jan 0.01 SUCCESS Jan DCBBANK BTST LONG Jan FAILED Jan BANKNIFTY INTRADAY SHORT Jan 0.00 SUCCESS Jan JUBLFOOD INTRADAY SHORT Jan 0.01 SUCCESS Jan FRL INTRADAY LONG Jan FAILED Jan BGRENERGY INTRADAY LONG Jan 0.01 SUCCESS Jan BALAJITELE INTRADAY LONG Jan FAILED Jan NIFTY INTRADAY LONG Jan 0.00 FAILED Jan FRL INTRADAY LONG Jan 0.01 SUCCESS Jan NIFTY INTRADAY LONG Jan 0.00 SUCCESS Jan NIFTY BTST LONG Jan 0.00 SUCCESS Jan YESBANK BTST LONG Jan 0.02 SUCCESS Jan M&M BTST LONG Jan FAILED Jan LT BTST LONG Jan 0.02 SUCCESS Jan RCOM BTST LONG Jan 0.02 SUCCESS Jan BIOCON INTRADAY LONG Jan 0.01 SUCCESS Jan ICICIBANK BTST LONG Jan 0.01 SUCCESS Jan NIFTY INTRADAY LONG Jan 0.00 SUCCESS Jan LT INTRADAY LONG Jan FAILED Jan FRL INTRADAY LONG Jan 0.01 SUCCESS Jan FRL 1 WEAK LONG OPEN Jan RANBAXY 1 WEAK LONG OPEN Jan DELTACORP INTRADAY LONG Jan FAILED Jan BANKINDIA 1 WEAK LONG OPEN Jan NIFTY INTRADAY SHORT Jan 0.00 FAILED Jan CENTURYTEX INTRADAY LONG Jan 0.01 SUCCESS Jan RELCAPITAL BTST LONG OPEN Jan BANKNIFTY 1 WEAK LONG Jan FAILED Jan CANBK 1 WEAK LONG OPEN Jan SUNPHARMA INTRADAY LONG Jan 0.00 SUCCESS Jan LT INTRADAY LONG Jan 0.01 SUCCESS Jan ZEEL INTRADAY SHORT Jan 0.01 SUCCESS Jan ADANIPORTS INTRADAY LONG Jan FAILED Jan RECLTD INTRADAY LONG Jan FAILED Jan TATASTEEL 1 WEAK LONG OPEN 376 * Assuming Rs.100,000 invested in each call & 2 lots in futures contract. * Success = Closed, Failed = Closed, 50 Profit Booking = Open, Open = Not Closed

4 PIVOT POINTS Scrip Name Close RB2 RB1 PP SB1 SB2 Scrip Name Close RB2 RB1 PP SB1 SB2 ABB HINDUNILVR ACC HDFC ADANIENT HDIL ADANIPORTS ITC ADANIPOWER ICICIBANK ABIRLANUVO IDBI ALBK IDFC AMARAJABAT IFCI AMBUJACEM INGVYSYABK AMTEKAUTO IRB ANDHRABANK IVRCLINFRA APOLLOHOSP IDEA APOLLOTYRE INDIACEM ASHOKLEY INDIAINFO ASIANPAINT IBREALEST AUROPHARMA INDIANB AXISBANK INDHOTEL BAJAJ-AUTO IOB BAJFINANCE IGL BAJAJFINSV INDUSINDBK BAJAJHLDNG INFY BANKBARODA IPCALAB BANKINDIA JSWENERGY BATAINDIA JSWSTEEL BEL JISLJALEQS BHARATFORG JPASSOCIAT BHEL JPPOWER BPCL J&KBANK BHARTIARTL JINDALSAW BHUSANSTL JINDALSTEL BIOCON JUBLFOOD BOSCHLTD KTKBANK BRITANNIA KARURVYSYA CESC KOTAKBANK COREEDUTEC L&TFH CADILAHC LICHSGFIN CAIRN LITL CANBK LT HATHWAY LUPIN HAVELLS MRF HEROMOTOCO M&MFIN HEXAWARE M&M HINDALCO MARICO HINDPETRO MARUTI

5 PIVOT POINTS Scrip Name Close RB2 RB1 PP SB1 SB2 Scrip Name Close RB2 RB1 PP SB1 SB2 MAX STAR MCLEODRUSS SUNPHARMA MINDTREE SUNTV MOTHERSUMI SUZLON MPHASIS SYNDIBANK NHPC TV18BRDCST NMDC TATACHEM NTPC TATACOMM ONGC TCS OIL TATAGLOBAL OPTOCIRCUI TATAMOTORS OFSS TATAPOWER ORIENTBANK TATASTEEL ORISSAMINE TECHM PTC TITAN PETRONET TORNTPOWER PIDILITIND UCOBANK PIPAVAVDOC ULTRACEMCO PEL UNIONBANK PFC UNITECH POWERGRID UBL PUNJLLOYD UPL PNB MCDOWELL-N RALLIS VIDEOIND RANBAXY VIJAYABANK RAYMOND VOLTAS RELCAPITAL WELCORP RCOM WOCKPHARMA RELIANCE YESBANK RELINFRA ZEEL RPOWER RECLTD SSLT SHREECEM RENUKA SHRIRAMCIT SRTRANSFIN SIEMENS SINTEX SOBHA SOUTHBANK SBIN SAIL

6 HOW TO TRADE PIVOT POINTS PP = Pivot Point RB1 = Fibonacci Resistance 1 RB2 = Fibonacci Resistance 2 SB1 = Fibonacci Support 1 SB2 = Fibonacci Support 2 If a stock opens above Pivot Point, go long with a stop loss of SB1 and SB2, for a target of RB1 and RB2. Similarly, if a stock opens below Pivot Point, go short with a stop loss of RB1 and RB2, for a target of SB1 and SB2. DISCLAIMER : The information in this document has been printed on the basis of publicly available information, internal data and other reliable source believed to be true and is for general guidance only. While every effort is made to ensure the accuracy and completeness of information contained, the company makes no guarantee and assumes no liability for any errors or omissions of the information. No one can use the information as the basis for any claim, demand or cause of action. LKP Securities Ltd., and affiliates, including the analyst who have issued this report, may, on the date of this report, and from time to time, have long or short positions in, and buy or sell the securities of the companies mentioned herein or engage in any other transaction involving such securities and earn brokerage or compensation or act as advisor or have other potential conflict of interest with respect to companies mentioned herein or inconsistent with any recommendation and related information and opinions. LKP Securities Ltd., and affiliates may seek to provide or have engaged in providing corporate finance, investment banking or other advisory services in a merger or specific transaction to the companies referred to in this report, as on the date of this report or in the past.