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(equities)

June 20, 2012 6:00am IST

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Punters Call

Up trend intact
Markets on June 19, 2012: Support @ 5082

Nifty Chart: 5,103


- NSE50 [NIFTY] (5,050.80, 5,113.60, 5,048.10, 5,106.15, +37.6499)

5700
5650
5600
5550
5500

The Nifty has closed in the positive today and is now


expected to head higher till 5150 with support around 5082
in the short term. A key support in the immediate run would
be around 5082 and resistance will be faced at 5150.

5450
5400
5350
5300
5250
5200
5150
5100
5050
5000

Of the 30 stocks of the Sensex, Larsen & Toubro and Tata


Steel are expected to move up further going forward.

4950
4900
4850
4800
4750

The Nifty has again taken support around the 40-day moving
average (DMA), ie 5045, and has bounced sharply, which is
a positive sign for the market in the short term. But if the
index closes below the average then the short term bias
would turn negative. On the daily chart, the Nifty has taken
support around the previous swing low ie 4800, forming a
double bottom and also at the lower end of the downward
sloping channel, which is a positive sign for the market in
the medium term.

4700
KST (2.60522)
5

-5
16

23

30

6
February

13

21

27

5
March

12

19

26

2
9
April

16

23

30
7
May

14

21

28

4
June

11

18

25

2
July

60 minute chart
- NSE50 [NIFTY] (5,105.60, 5,113.60, 5,081.00, 5,106.15, +0.60010)
5300
5250
5200

5150

Other technical observations:

5100

5050

On the daily chart the Nifty is trading above its 20-DMA and
40-DMA ie 4992 and 5045 respectively. The momentum
indicator is still trading in the positive zone on the daily
chart.
On the hourly chart, the Nifty is trading above its 20-hour
moving average (HMA) and 40-HMA ie 5097 and 5082
respectively, which are its crucial intraday levels. The hourly
momentum indicators have turned into positive mode. The
market breadth was positive with 755 advances to 696
declines on the NSE.

5000

4950

4900

4850

4800

4750
KST (0.05745)
2
1
0
-1
-2
-3
30

2
3
May

10

11

14

15

16

17

18

21

22

23

24

25

28

29

30

31

1
4
June

11

12

13

14

15

18

19

20

21

Market Breadth
BSE

NSE

Advances

1,350

755

Declines

1,321

696

135

75

1,858 cr

9,059 cr

Unchanged
Volume (Rs)

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Short Term Trend

Target
Sensex

17140

Nifty

5200

Trend

Reversal




Support / Resistance

Down below 16553

16553 / 17140

Down below 5015

5015 / 5200

Medium Term Trend

Target
Sensex

17465

Nifty

5300

Trend




Up

Reversal

Support / Resistance

Down below 15800

15800 / 17465

Down below 4800

4800 / 5300

Icon guide
Down

Upswing matures

Downswing matures

Trendy Levels
Levels
Sensex
Sensex
Support
Support

Nifty
Nifty
Resistance
Resistance

16683
16967
18800
19300
16544
17109
18693
19700
16459
17271
18182
20062
20DSMA
40DEMA
20DSMA
40DEMA
16459
16638
20390
19941
BSE Sensex: 16,859
BSE Sensex: 19013

Support
Support

Resistance
Resistance

5049
5700
4992
5616
4951
5514
20DSMA
20DSMA
4992
6096

5145
5847
5190
5993
5239
6078
40DEMA
40DEMA
5045
5958
Nifty: 5,103
Nifty: 5705

CTFT Basket
Date

Call

Scrip Name

Buy Price/
Sell Price

Targets

19-06-12

Buy

GVKPIL

14.1

19-06-12

Buy

Ranbaxy

19-06-12

Buy

IFCI

481.8
36.2

19-06-12

Buy

LIC Housing Fin

19-06-12

Buy

Syndicate Bank

19-06-12

Buy

IDFC

Status

Call Closing
Price

Potential
(%)

Open

14.15

0.35%

Open

481.55

-0.05%

Open

36.1

-0.28%

251.8

Open

251.8

0.00%

99.9

Open

100

0.10%

129.45

Open

129.75

0.23%

CTFT Note: Target would be minimum 1 %

For Private Circulation only

Eagle Eye

June 20, 2012

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Smart Charts
Date

Recommendation

12-06-12
12-06-12
08-06-12
07-06-12
07-06-12
06-06-12
06-06-12
06-06-12
01-06-12

Allahabad Bank
Tata Steel
BHEL
Indian Bank
Century Textiles
Maruti Suzuki
Andhra Bank
Reliance Comm
Bharat Forge

Action

Buy
Buy
Buy
Buy
Buy
Buy
Buy
Buy
Sell

Stop Loss/
Reversal
(Intra-day)

Stop Loss/
Reversal
DCL

Buy/Sell
Price

Closing
Price
(CMP)

Potential %
P/L at
CMP

Targets

136.0
404.0
209.0
160.5
258.0
1,066.0
107.5
- Stopped out
317.0

143.1
411.5
220.2
164.8
271.0
1,110.8
112.8
64.4
303.2

140.6
420.2
211.5
171.2
274.9
1,090.8
114.6
62.0
300.1

-1.7%
2.1%
-4.0%
3.9%
1.4%
-1.8%
1.6%
-3.7%
1.0%

151-160
440-460
233-244
175-190
285-293
1156-1212
120-127
69-73
278-256

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

Potential %

Target1

Target2

P/L at CMP

Reliance Infra

19-06-12

Buy

491.9

501.7

505.6

0.8

513.0

525.0

Rcom

18-06-12

Buy

Stopped out

65.2

64.4

-1.2

66.5

68.0

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

June 20, 2012

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10

KST (8.20426)

5
0
-5

1390
1380
1370
1360
1350
1340
1330
1320
1310
1300
1290
1280
1270
1260
1250
1240
1230

L&T
Support: Rs1296/1250
Resistance: Rs1371/1531

1220
1210
1200
1190
1180
1170
1160
1150
1140
1130
1120
1110
1100
1090
9

16

23

30

14

21

28

May

4
June

11

18

25

2
July

KST (2.20236)
10

Tata steel

5
0
-5

510
505

100.0%

500

Support: Rs413/408
Resistance: Rs431/445

495
490
485
480
475
470
465
460

61.8%

455
450
50.0%

445
440
435

38.2%

430
425
420

23.6%

415
410
405
400
395
390

0.0%

385
6
ebruary

13

21

27

5
March

12

19

26

2
9
April

16

23

For Private Circulation only

30
7
May

14

21

28

4
June

11

18

25

2
July

Eagle Eye

June 20, 2012

Home

Day Traders HIT List


For June 20, 2012
Scrip Name
NIFTY Futures

Support Levels
S2
S1
5060.0

5089.0

Close
(Rs)
5114.3

Resistance Levels
R1
R2
5130.0

5180.0

Action
Go Long AboveR1

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

Bank Nifty Futures

9680.0

9730.0

9793.1

9840.0

9976.0

Go Long AboveR1

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

BHEL

208.4

210.5

211.6

214.0

216.0

Go Long AboveR1

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

DLF

186.6

187.6

188.7

190.0

193.0

Go Long AboveR1

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

Hindalco

120.5

121.6

122.7

123.7

125.6

Go Long AboveR1

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

ICICI Bank

816.0

821.0

826.8

831.0

842.0

Go Long AboveR1

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

Jai Prakash

68.0

69.1

69.9

70.3

72.2

Go Long AboveR1

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

LNT

1293.0

1320.0

1330.3

1341.0

1370.0

Go Long AboveR1

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

Reliance Industries

724.0

730.0

737.5

745.0

756.0

Go Long AboveR1

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

SBI

2069.0

2084.0

2100.7

2116.0

2139.0

Go Long AboveR1

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

Tata Motors

235.5

236.8

238.2

239.5

242.7

Go Long AboveR1

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

Tata Power

89.8

90.3

90.9

92.0

93.3

Go Long AboveR1

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

TISCO

413.0

416.0

420.3

425.4

432.7

Go Long AboveR1

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

TCS

1257.0

1265.0

1274.0

1279.0

1297.0

Go Long AboveR1

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

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

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Eagle Eye

June 20, 2012

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