4/29/12

Raghav's Picks Mail - Raghavs Picks Sunday Express 29-04-2012

Raghvendra Narendra Dhoot <raghav@raghavs-picks.com>

Raghavs Picks Sunday Express 29-04-2012

1 message
Raghvendra Narendra Dhoot <raghav@raghavs-picks.com>
Reply-To: rndhoot@gmail.com
To: newslettermail <tradingportfolio@raghavs-picks.com>

Sun, Apr 29, 2012 at 21:45

Volatility Watch & Sensex Outlook for the week Date

SENSEX
Raghav's Picks Sensex Volatility Indicator
Date
SENSEX

11-07-07 (Base Value)

14910.62
100
11-07-07 (Base Value)
14910.62

23-Apr-12
17096.68
55.80
26-Apr-12
17130.67

24-Apr-12
17207.29
55.71
27-Apr-12
17134.25

25-Apr-12
17151.29
56.11
28-Apr-12
17187.34

Raghav's Picks Sensex Volatility Indicator

100

54.41

55.45

55.22

The Sensex continues to be stuck in the 17000-17500 band, and it does not seem to show any signs of breaking out from the
same.
Since we're near the lower end of this band, risk savvy traders can initiate longs for a target of 17500 odd levels. The Sensex will
not make a fast/quick move in either direction in a big hurry - neither upwards nor downwards.

The Sensex has supports at 17175 & 17126 and resistances at 17215 & 17262 for Monday.

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Raghav's Picks Mail - Raghavs Picks Sunday Express 29-04-2012

----------------------------------------------------------------------------------------------------------------------------------------------------Pivot Trading Strategies

Day Traders can take a BUY/SELL call on the following stocks in the below mentioned manner: BUY - Take a BUY position when the Price is above the Pivot Point & keep a stop loss at the Pivot Point and targets at R1 and
R2.
SELL Take a SELL position when the Price is below the Pivot Point & keep a stop loss at the Pivot Point and targets at S1 and
S2.
The trend given (UP/DOWN) is based on closing price of the previous day and the Pivot Point.
Stocks

S2

ASHOKLEY

S1

Close

Pivot

Trend

R1

R2

29.68

30.67

31.65

31.23UP

32.22

32.78

UNIPHOS

108.17

111.08

114.00

112.62UP

115.53

117.07

MCDOWELL-N

762.67

773.43

784.20

782.97UP

793.73

803.27

BANKINDIA

324.13

330.57

337.00

334.53UP

340.97

344.93

GLENMARK

318.73

322.87

327.00

326.43UP

330.57

334.13

May Index/Stock Futures

LITL

S2

S1

Close

Pivot

Trend

R1

R2

12.50

13.25

14.00

13.80UP

14.55

15.10

162.08

169.87

177.65

174.03UP

181.82

185.98

SUZLON
GVKPIL

20.15
15.22

20.80
15.63

21.45
16.05

21.25UP
15.97UP

21.90
16.38

22.35
16.72

CHAMBLFERT

73.43

76.07

78.70

77.63UP

80.27

81.83

NMDC

Pivot Points in a Nutshell

Pivot Points are calculated Price Levels that the day traders like to watch during the trading session.
In general, if the day's Price Action starts above the "Pivot", it will tend to stay above the Pivot (also called the "fulcrum" of the
day's activity). On such a day, Resistance will be met at Price Level R1. Should R1 be broken, further Resistance will be expected
at R2.
The story is all reversed, of course, if the price action is below the Pivot. Support will be met at Price Level S1. Should S1 be
broken, further Support will be expected at S2. If, after starting the day above the Pivot, the Price crosses back through the
Pivot, the Pivot will act as a Resistance area.
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Raghav's Picks Mail - Raghavs Picks Sunday Express 29-04-2012

Pivot Points and Levels are Support and Resistance levels, and behave exactly like any historical Support and Resistance level.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Sure Shot Call - NMDC - FUTSTK (LTP 177.65)*
Buy for Targets of 181-184.Cl.Stop Loss at 174.
*NSE Code & Quote *LTP=LstTrdPrc
----------------------------------------------------------------------------------------------------------------------------------------------------Investment Calls for the week -

-Raghvendra Narendra Dhoot

raghav@raghavs-picks.com
Disclaimer and Exclusion of Liability - http://www.raghavs-picks.com/disclaimer.JPG
P Please consider the environment before printing this email.

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