(equities)

January 03, 2013 6:00am IST

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Punters Call

Inverted hammer
Markets on January 02, 2013: Support @ 5951

Nifty chart: 5,993

- NSE50 [NIFTY] (5,982.60, 6,006.05, 5,982.00, 5,992.05, +41.0000)
6000

5950

The Nifty closed in the positive today and is expected to

head higher till 6050 with support around 5951 in the short
term. The key supports in the immediate run will be around
5951 and resistance will be at 6010.

5900

5850

5800

5750

5700

Of the 50 stocks of the Nifty, RIL and Sterlite are expected

to move higher going forward.

5650

5600

5550

The Nifty has taken support around the previous swing low,
ie 5840, and bounced which indicates strength in the short
term. The short-term bias would remain positive for a target
of 6100. The medium-term outlook remains positive, as
the index has started forming higher tops and higher
bottoms on the weekly chart and has also made a bullish
island with support around 5649.

KST (1.03102)

22

29

5
November

12

19

26

3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
-0.5
-1.0
-1.5

3
December

10

17

24

31

14

2013

60 minute chart
- NSE50 [NIFTY] (5,993.70, 5,999.15, 5,986.90, 5,992.05, -1.55029)

6030
6020
6010
6000
5990
5980
5970
5960
5950
5940
5930
5920
5910
5900
5890
5880
5870
5860
5850
5840
5830
5820
5810
5800
5790
5780
5770
5760
5750
5740
5730
5720
5710
5700
5690
5680
5670
5660

Other technical observations

On the daily chart the index is trading above the 20-daily
moving average (DMA) and the 40-DMA, ie 5900 and 5818
respectively. The momentum indicator is trading in the
positive mode.
On the hourly chart, the Nifty is trading above the 20-hourly
moving average (HMA) and the 40-HMA, ie 5951 and 5935
respectively, which are crucial intra-day levels. The hourly
momentum indicators have turned negative. The market
breadth was positive with 952 advances and 568 declines
on the National Stock Exchange.

KST (0.86973)

2.0
1.5
1.0
0.5
0.0
-0.5

30

3
4
December

10

11

12

13

14

17

18

19

20

21

24

26

27

28

31

1
2
2013

Market Breadth
BSE

NSE

Advances

1,796

952

Declines

1,167

568

138

83

2,496 cr

11,893 cr

Unchanged
Volume (Rs)

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Short Term Trend

Target
Sensex

20000

Nifty

6100

Trend

Reversal




Support / Resistance

Down below 19400

19400 / 20000

Down below 5897

5897 / 6100

Medium Term Trend

Target
Sensex

21206

Nifty

6357

Trend




Up

Reversal

Support / Resistance

Down below 18250

18250 / 21206

Down below 5548

5548 / 6357

Icon guide
Down

Upswing matures

Downswing matures

Trendy Levels
Levels
Sensex
Sensex
Support
Support

Nifty
Nifty
Resistance
Resistance

19580
19901
18800
19300
19396
20069
18693
19700
19221
20217
18182
20062
20DSMA
40DEMA
20DSMA
40DEMA
19396
19135
20390
19941
BSE Sensex: 19,714
BSE Sensex: 19013

Support
Support

Resistance
Resistance

5965
5700
5949
5616
5900
5514
20DSMA
20DSMA
5900
6096

6006
5847
6063
5993
6100
6078
40DEMA
40DEMA
5818
5958
Nifty: 5,993
Nifty: 5705

CTFT Basket
Date

Call

Scrip Name

Buy Price/
Sell Price

Targets

02-01-13

Buy

Maruti Fut

02-01-13

Buy

Bhel Fut

02-01-13

Buy

02-01-13

Buy

02-01-13
02-01-13

Status

Call Closing
Price

Potential
(%)

1569.15

Open

1572

0.18%

239.8

Open

239.25

-0.23%

Sterlite Fut

122.4

Open

122

-0.33%

IDFC Fut

180.6

Open

180.25

-0.19%

Buy

ONGC Fut

275.75

Open

275.35

-0.15%

Buy

Bharat Forge Fut

265.7

Open

266

0.11%

CTFT Note: Target would be minimum 1 %

For Private Circulation only

Eagle Eye

January 03, 2013

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Smart Charts
Date

Recommendation

02-01-13
02-01-13
02-01-13
01-01-13
01-01-13
28-12-12
28-12-12
21-12-12
18-12-12
18-12-12
18-12-12
18-12-12
18-12-12
14-12-12
09-11-12

Rolta
IDFC
McLeod Russel
Dhanlaxmi Bank
Rpower
Tata Comm
Reliance Industries
HCL Technologies
Uco Bank
Punj Lloyd
GVK Power
IVRCL
Sesa Goa
Dena Bank
Petronet

Action

Stop Loss/
Reversal
(Intra-day)

Stop Loss/
Reversal
DCL

Buy/Sell
Buy/Sell
Price
Price

Buy
Buy
Buy
Buy
Buy
Buy
Buy
Sell
Buy
Buy
Buy
Buy
Buy
Buy
Sell

60.70
168.20
342.30
64.40
92.40
Book profit
809.00
647.50
76.00
56.40
12.95
Book profit
186.00
112.00
167.70

63.30
176.35
355.45
68.15
94.75
226.60
836.00
626.65
79.90
59.50
13.44
43.20
196.00
117.45
166.80

Closing
Closing Potential
Potential
%%
Price
Price
P/L
P/L
at at
(CMP)
(CMP)
CMP
CMP
63.15
178.55
357.25
68.45
95.50
243.60
847.75
626.85
82.45
61.30
14.18
46.85
203.05
120.75
160.30

Targets

-0.24%
68.5-71
1.25% 185.4-196.3
0.51%
371-390
0.44%
74-80
0.79%
100-106
7.50%
235-250
1.41%
880-930
-0.03%
576-550.50
3.19%
87-94
3.03%
66-72
5.51%
15-16.50
8.45%
47-52
3.60%
206-216
2.81%
125-135
3.90%
154-145

NOTE: Kindly note that all stop losses in Smart Charts Calls are on closing basis unless specified.
TPB: Trailing profit booked

Momentum Calls
For the short term1 to 5 days

Stock

Action
Date

Action

Stop loss

Price

Closing
price

P/L at CMP

Potential %

Target1

Target2
480.00

Rel Ind Infra

02-01-13

Buy

454.90

461.30

460.90

-0.09%

470.00

Essar Oil

01-01-13

Buy

Stopped out

71.70

70.40

-1.81%

74.50

77.00

Tata Steel

01-01-13

Buy

432.40

438.65

442.45

0.87%

448.00

460.00

Dhanlaxmi Bank

01-01-13

Buy

66.90

68.20

68.45

0.37%

70.00

72.00

Orbit Corporation

01-01-13

Buy

Book profit

55.80

57.60

3.23%

57.00

58.40

NOTE: Kindly note that all stop losses in Momentum Calls are on an intra-day basis.
TPB: Trailing profit booked
NOTE : Action taken after market hours will be highlited in blue colour.

For Private Circulation only

Eagle Eye

January 03, 2013

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Short specific
Term Trend
Stock
ideas

885
880
875

RIL

870
865
860
855

Support: Rs836/818

850
845
840

Resistance: Rs857/880

835
830
825
820
815
810
805
800
795
790
785
780
775
770
765
760
755
750
745
740
735
730
725
19

26

3
December

10

17

24

31

14

2013

Sterlite Industries
125

120

115

Support: Rs119/113
Resistance: Rs123/130

110

105

100

95

KST (3.82503)
10

12

19

26

3
December

10

17

24

31

14

2013

13200
13100

Bank Nifty

13000
12900
12800
12700

Support: 12,700/12,450

12600
12500
12400

Resistance: 13,000/13,300

12300
12200
12100
12000
11900
11800
11700
11600
11500
11400
11300
11200
11100
11000

KST (2.31910)

6
5
4
3
2
1
0
-1

29

5
November

12

19

26

3
December

10

For Private Circulation only

17

24

31

14

2013

Eagle Eye

January 03, 2013

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Day Traders HIT List

For January 03, 2013
Scrip Name
NIFTY Futures

Support Levels
S2
S1
5979.0

6007.0

Close
(Rs)

Resistance Levels
R1
R2

Action

6034.0

6050.0

Go Long AboveR1

6097.0

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Bank Nifty Futures 12765.0

12810.0

12875.0

12902.0

13103.0

Go Long AboveR1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

BHEL

235.5

236.8

238.3

240.0

244.2

Go Long AboveR1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

DLF

230.7

234.5

235.2

238.9

242.0

Go Long AboveR1 / Go Short Below s1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Hindalco

132.6

134.1

135.1

137.0

138.5

Go Long AboveR1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

ICICI Bank

1159.0

1165.0

1173.0

1176.0

1193.0

Go Long AboveR1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Jai Prakash

99.4

100.7

101.5

101.9

104.0

Go Long AboveR1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

LNT

1635.0

1638.0

1648.5

1653.0

1674.0

Go Long AboveR1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Reliance Industries

836.0

843.0

847.8

856.0

873.0

Go Long AboveR1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

SBI

2426.0

2440.0

2448.1

2475.0

2529.0

Go Long AboveR1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Tata Motors

314.6

316.2

318.0

321.0

324.6

Go Long AboveR1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Tata Power

110.5

111.3

111.7

112.2

113.2

Go Long AboveR1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

TISCO

428.0

434.0

438.4

444.0

448.6

Go Long AboveR1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

TCS

1248.0

1256.0

1262.7

1272.0

1295.0

Go Long AboveR1 / Go Short Below s1

......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

*Note: Closing price of Nifty futures is last traded price of Nifty futures on NSE
SL=Stoploss

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January 03, 2013

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