PRIVATE CLIENT RESEARCH

TRADING TOOL

NOVEMBER 1, 2011

Shrikant Chouhan [email protected] +91 22 6621 6360

Amol Athawale [email protected] +91 20 6620 3350

Premshankar Ladha [email protected] +91 22 6621 6261

Trading Tool
Stock Extreme Supports Probable Achievable Closings Resistance Achievable Probable Extreme Stop Loss for Long short Trend Levels % pft Trend /Loss Remarks

NIFTYFUT BANKNIFTY-F RELIANCE SAIL RANBAXY TATASTEEL HDFC LT ONGC M&M MARUTI TATAMOTORS DLF UNITECH LICHSGFIN RAYMOND HDIL JETAIRWAYS JSWSTEEL TECHM RELCAPITAL AXIS BANK YESBANK SBIN ICICIBANK INFOSYSTCH MPHASIS TCS ACC AMBUJACEM BHEL RELINFRA TATAPOWER Source:

5,260 9,863 863 107 494 464 663 1,359 273 832 1,082 191 233 28 220 365 96 242 613 549 347 1,088 309 1,811 896 2,767 322 1,073 1,149 146 306 447 97

5,293 9,925 869 109 497 470 672 1,378 275 843 1,096 193 237 28 222 370 97 245 621 556 352 1,101 311 1,857 907 2,819 327 1,093 1,171 148 311 455 98

5,313 9,963 861 110 499 477 680 1,395 276 855 1,111 196 239 29 228 380 99 251 637 571 361 1,130 312 1,883 920 2,841 335 1,102 1,180 151 314 459 99

5,346 10,025 878 112 502 483 689 1,413 278 865 1,125 198 242 30 234 389 100 258 654 586 370 1,159 314 1,906 931 2,877 344 1,116 1,195 155 318 464 100

5,379 10,087 883 114 505 489 697 1,430 279 876 1,139 201 245 31 240 399 102 261 662 593 375 1,188 316 1,930 943 2,913 348 1,130 1,210 159 322 470 102

5,399 10,125 886 115 507 495 706 1,448 280 888 1,155 204 247 31 243 404 102 267 678 608 384 1,204 317 1,956 955 2,935 357 1,138 1,219 161 324 474 102

5,432 10,187 892 118 510 501 715 1,467 282 898 1,168 206 251 32 248 413 107 273 694 626 393 1,231 319 2,002 967 2,987 365 1,158 1,241 165 330 482 104

5,240 858 106 491 461 658 1,351 271 827 1,076 190 231 28 218 363 95 240 609 546 345 1,081 307 1,800 890 2,750 320 1,067 1,142 145 304 444 96

5,452 897 119 513 504 720 1,476 284 904 1,176 207 253 32 250 416 107 275 698 630 395 1,239 321 2,014 973 3,005 367 1,166 1,248 166 332 485 105

5,192 9,512 876 109 510 452 669 1,337 277 854 1,151 192 230 28 218 388 93 233 601 561 344 1,118 306 1,840 878 2,859 330 1,099 1,183 154 315 421 100

2.97 Strong 5.40 Strong 0.18 Strong 2.75 Strong -1.60 Weak 6.80 Strong 2.94 Strong 5.68 Strong 0.27 Strong 1.35 Strong -2.25 Weak 3.44 Strong 5.24 Strong 7.54 Strong 7.27 Strong 0.31 Strong 7.20 Strong 10.66 Strong 8.74 Strong 4.40 Strong 7.55 Strong 3.72 Strong 2.60 Strong 3.61 Strong 6.01 Strong 0.64 Strong 4.15 Strong 1.56 Strong 0.98 Strong 1.04 Strong 0.89 Strong 10.29 Strong 0.45 Strong

9,818 10,232

Trading Tool changes daily and is valid only for the day. For Nifty and Bank Nifty, we have considered the F&O price For stocks, we have used cash price because of discount and premium variations. You can trade in cash segment or Futures using this as a base. If the cash segment is nearing the Stop Loss level, then it is recommended to exit the trade from the F&O segment irrespective of the discount or premium in cash levels.

... contd

TRADING TOOL

November 1, 2011

Closing Prices
Closing price is that price at which a scrip closes on the previous day. Traders can start their intraday trade on this level. The stock or index should sustain above or below the closing price else you should exit the trade. Ideally, half a percent should be the stop loss above or below the closing price to enter the trade.

Trend
Trend is the level at which the tendency of Indices and Stocks can be identified. For best results, you can use the 'Trend Remarks' to trade. A 'Weak' trend means that traders can trade with a negative bias. If the trend is 'Strong', you can trade long with a positive bias. Base price should be the closing price.

Achievable (Supp/Resis)
It is the price which can be achieved if the Index/Stock trades above or below the closing price. During normal course of trading, first levels are important as one can take profits around first resistance and supports levels.

Probable (Supp/Resis)
It's a second resistance/support and can be achieved if stocks/indices are in trending mode. Events can lead stocks and indices to reach these levels.

Extreme levels
Sometimes, the stocks fall or rise to their average lowest or highest levels FOR THE DAY and that may act as an excellent contra buying or selling opportunity with a stop loss given in the table. This means buying around extreme support and selling around extreme resistance strictly with a given stop loss. For e.g. If the extreme support for Nifty is given at 5605, and in case the market comes down to similar levels, then you can initiate long positions with the given 'stop loss for long' in the column, say at 5585. If it breaks 5585 then the trader must exit the position. This is valid on both the sides. Fundamental Research Team
Dipen Shah IT, Media [email protected] +91 22 6621 6301 Sanjeev Zarbade Capital Goods, Engineering [email protected] +91 22 6621 6305 Teena Virmani Construction, Cement, Mid Cap [email protected] +91 22 6621 6302 Saurabh Agrawal Metals, Mining [email protected] +91 22 6621 6309 Saday Sinha Banking, NBFC, Economy [email protected] +91 22 6621 6312 Arun Agarwal Automobiles [email protected] +91 22 6621 6143 Ruchir Khare Capital Goods, Engineering [email protected] +91 22 6621 6448 Ritwik Rai FMCG, Media [email protected] +91 22 6621 6310 Sumit Pokharna Oil and Gas [email protected] +91 22 6621 6313 Amit Agarwal Logistics, Transportation [email protected] +91 22 6621 6222 Jayesh Kumar Economy [email protected] +91 22 6652 9172 K. Kathirvelu Production [email protected] +91 22 6621 6311

Technical Research Team

Derivatives Research Team

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