Finance

Logical Levels for 04-12-2014


INDICES	R 3	R 2	R 1	Logical Point	S 1	S 2	S3
SENSEX	22140	22040	21960	21870	20799	20699	20628
NIFTY - SPOT	7298	7263	7241	7206	7188	7148	7128
NIFTYFUT	6346	6310	6287	6251	6228	6192	6169
BANKNIFTY	13614	13523	13453	13362	13292	13201	13131
CNXIT	8007	7970	7939	7902	7871	7834	7803
DJIA	12045	12028	12013	11995	11980	11963	11948
S&P500	1523	1520	1517	1513	1511	1507	1505
FTSE 100	6271	6260	6252	6241	6233	6222	6214
MOST ACTIVE FUT	R 3	R 2	R 1	Logical Point	S 1	S 2	S3
ACC	308.7	301.4	295.9	288.6	283.1	275.8	270.3
AMBUJACEM	1917.6	1892.1	1876.7	1851.2	1835.8	1810.3	1794.9
ASIANPAINT	620.1	612.9	606.2	599	592.3	585.1	578.4
AXISBANK	1143.1	1130.9	1111.4	1099.2	1079.7	1067.5	1048.0
BAJAJ-AUTO	1138.2	1115.3	1100.7	1077.8	1063.2	1040.3	1025.7
BANKBARODA	368.5	359.6	353.8	344.9	339.2	330.3	324.5
BHARRTIARTL	153	150	146.5	143.5	140	137	133.5
BHEL	370.3	360.9	354.4	345	338.5	329.1	322.6
BPCL	86.5	84.9	83	81.4	79.6	78	76.1
CAIRN	135.8	133.7	131.9	129.7	127.9	125.8	124
CIPLA	153	150	146.5	143.5	140	137	133.5
COALINDIA	332.6	321.2	311.7	300.4	290.9	279.5	270.0
DLF	189.6	186.0	183.9	180.3	178.3	174.6	172.5
DRREDDY	2313.0	2273.4	2245.1	2205.5	2177.2	2137.6	2109.3
GAIL	358.8	338.2	327.6	306.9	296.3	275.7	265.1
GRASIM	1904.8	1889.4	1871	1855.5	1837.1	1821.7	1803.3
HDFC	1917.6	1892.1	1876.7	1851.2	1835.8	1810.3	1794.9
HINDALCO	326.3	323.5	320.6	317.9	315	312.2	309.3
ICICIBANK	78.2	76.4	75.4	73.6	72.5	70.7	69.7
IVRCLINFRA	138.3	134.2	131.5	127.4	124.7	120.6	117.9
JPASSOCIAT	569.1	559.5	551.1	541.6	533.2	523.6	515.2
KTKBANK	140	133.5	127.5	121	115	108.5	102.5
LICHSGFIN	620.1	612.9	606.2	599	592.3	585.1	578.4
LT	862.3	853.1	846.9	837.6	831.4	822.2	816
M&M	1138.2	1115.3	1100.7	1077.8	1063.2	1040.3	1025.7
MARUTHI	1263	1249.4	1240.9	1227.3	1218.8	1205.2	1196.7
ONGC	368	361.7	357.7	351.4	347.4	341.1	337.1
PUNJLLOYD	178.4	176.6	174.9	173.1	171.4	169.6	167.9
RCOM	61.8	60.6	59.8	58.6	57.8	56.6	55.8
RELIANCE	597	585.1	577.9	566	558.8	546.9	539.7
SBIN	2418.2	2390.6	2358.5	2330.9	2298.8	2271.2	2239.1
SEAGOA	308.9	304.2	298.7	294	288.5	283.8	278.3
SUNTV	53.3	52.7	51.8	51.2	50.3	49.7	48.8
TATASTEEL	611.3	598.1	589.2	576.1	576.1	567.2	554.1
TCS	1201.0	1190.4	1182.1	1171.5	1163.2	1152.6	1144.3
TITAN	4266.2	4220.1	4173.3	4127.2	4080.4	4034.3	3987.5
UNITECH	35.2	35.1	34.5	34.0	33.4	32.9	32.3
WIPRO	445.7	444	441.8	440.1	437.9	436.2	434
YESBANK	292.8	288.9	285.2	281.4	277.7	273.8	270.1
NIFTY 50 STOCKS	R 3	R 2	R 1	Logical Point	S 1	S 2	S3
ACC	1037.3	1022.7	1015.3	1000.7	993.3	978.7	971.3
ASIANPAINT	620.1	612.9	606.2	599	592.3	585.1	578.4
AXISBANK	1143.1	1130.9	1111.4	1099.2	1079.7	1067.5	1048.0
AMBUJACEM	148.6	146.2	144.2	141.8	139.8	137.4	135.4
AXISBANK	1642.7	1613.3	1596.7	1567.3	1550.7	1521.3	1504.7
BAJAJ-AUTO	1373.4	1349.9	1330.2	1306.8	1287.1	1263.6	1243.9
BHARTIARTL	375.1	372.6	369.1	366.6	363	360.5	357
BPCL	780.1	771.3	763.7	754.9	747.2	738.4	730.8
CAIRN	344.6	342	340.2	337.7	335.9	333.3	331.5
CIPLA	334	331.3	327.7	325	321.4	318.7	315.1
GAIL	457.9	462.4	460.6	465.1	463.3	467.8	466
HCLTECH	446	439.4	433.7	427.2	421.5	414.9	409.2
HDFC	769.7	758.6	752.3	741.2	734.9	723.8	717.5
HDFCBANK	2559.5	2531.8	2517.9	2490.1	2476.2	2448.5	2434.6
HEROHONDA	1892.4	1878.7	1857.4	1843.7	1822.4	1808.7	1787.4
HINDUNILVR	319	316.3	312.6	309.9	306.2	303.5	299.8
ICICIBANK	1165.8	1151.8	1143.9	1130	1122.1	1108.1	1100.2
IDFC	223.9	218.9	212.9	207.9	201.9	196.9	190.9
ITC	184.1	182.1	180.4	178.4	176.7	174.7	173
JINDALSTEL	770.9	753.8	743.1	726	715.4	698.3	687.6
JPASSOCIAT	117.9	118.9	118.4	119.5	119	120	119.5
KOTAKBANK	825.5	837.5	843.5	855.5	861.5	873.5	879.5
LT	1843.7	1857.4	1857.7	1871	1871.7	1885.4	1885.7
M&M	614.3	627.2	632.3	645.2	650.3	663.2	668.3
MARUTI	1297	1304.5	1306	1313.5	1315	1322.5	1324
NTPC	187.6	192.3	194.2	198.9	200.8	205.5	207.4
ONGC	1318	1331.5	1332	1345.5	1346	1359.5	1360
PNB	1201.5	1215.8	1215.2	1229.5	1228.9	1243.2	1242.6
RANBAXY	505.2	509.4	506.9	510.9	508.3	512.5	509.9
RCOM	163	164.3	163.3	164.6	163.6	164.9	163.9
RELCAPITAL	767	772.5	774	779.6	781.1	786.6	788.1
RELIANCE	952.1	957.5	956.4	961.8	960.6	966	964..9
RPOWER	153.9	155.2	155.1	156.4	153.6	157.6	157.5
SAIL	194.2	196.6	197.4	199.8	200.6	203	203.8
SBIN	271.8	2835.9	2866.5	2930.3	2961.2	3025.3	3055.9
SIEMENS	690.5	698.7	699	707.2707.5	715.7	716	679.7
STER	164.1	166	164.9	166.7	165.6	167.5	166.4
SUNPHARMA	1752.3	1763.7	1752.3	1763.7	1752.3	1763.7	1752.3
SUZLON	50.8	51.3	51.2	51.7	51.7	52.2	52.1
TATAPOWER	1244.2	1262.4	1258.7	1276.9	1273.2	1291.4	1287.7
TATASTEEL	559.5	571.3	573.2	1776.9	1273.2	1291.4	1287.7
TCS	864.3	857.9	847.9	841.5	831.5	825.1	815.1
WIPRO	415.1	411.2	406.2	402.2	397.2	383.3	388.3

NOTE :

Traders must understand the basics before entering into trading based on this chart. R3,R2,R1 are Resistance levels form the Logical Point of that particular security. S1,S2,S3 are Support Levels for the security.

A trader can buy a security just above the Logical Point and put SL below the Logical Point and the targets would be R1,R2,R3 with trailing SL at the levels mentioned. And if the price falls below the Logical Point, the trader can sell with Logical Point as the SL. In that case, the target will be S1,S2,S3 with the trailing SL at the mentioned levels. The traders are advised to be cautious on going LONG below the LP and SHORT above the LP.

These are indicative technical levels based on & conceived from charts and meant for Day Trading for the particular date mentioned above. One should think of own risk first before acting on above analysis. Avoid trading by using these levels in abnormal market conditions like intraday developments and sharp global market movements. This Chart is intended strictly for private circulation and we are not soliciting any action based on it. This report doesn't constitute an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

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