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PIVOTS POINTS

07th May 2012

SWASTIKA INTELLIGENCE GROUP

Trading Strategy for 07th May 2012


Scripts Name

Close

R3

R2

R1

Pivot

S1

S2

S3

Nifty

5,086.85

5,259.10

5,218.15

5,152.50

5,111.55

5,045.90

5,004.95

4,939.30

ACC

1,208.45

1,246.30

1,234.15

1,221.30

1,209.15

1,196.30

1,184.15

1,171.30

AMBUJACEM

142.25

150.45

148.35

145.30

143.20

140.15

138.05

135.00

ASIANPAINTS

3,615.35

3,720.23

3,685.12

3,650.23

3,615.12

3,580.23

3,545.12

3,510.23

AXISBANK

1,009.75

1,091.90

1,071.05

1,040.40

1,019.55

988.90

968.05

937.40

BAJAJ-AUTO

1,502.95

1,610.97

1,584.98

1,543.97

1,517.98

1,476.97

1,450.98

1,409.97

BANKBARODA

686.95

783.05

761.65

724.30

702.90

665.55

644.15

606.80

BHARTIARTL

311.75

320.73

318.12

314.93

312.32

309.13

306.52

303.33

BHEL

214.05

237.37

231.68

222.87

217.18

208.37

202.68

193.87

BPCL

652.40

686.68

677.77

665.08

656.17

643.48

634.57

621.88

CAIRN

332.95

358.63

352.72

342.83

336.92

327.03

321.12

311.23

CIPLA

326.00

341.13

335.37

330.68

324.92

320.23

314.47

309.78

COALINDIA

329.80

346.73

342.87

336.33

332.47

325.93

322.07

315.53

DLF

182.50

192.83

189.17

185.83

182.17

178.83

175.17

171.83

DRREDDY

1,747.65

1,788.85

1,775.55

1,761.60

1,748.30

1,734.35

1,721.05

1,707.10

GAIL

320.95

336.20

330.85

325.90

320.55

315.60

310.25

305.30

GRASIM

2,418.10

2,534.33

2,504.67

2,461.38

2,431.72

2,388.43

2,358.77

2,315.48

HCLTECH

513.20

534.13

528.07

520.63

514.57

507.13

501.07

493.63

HDFC

659.95

680.18

675.42

667.68

662.92

655.18

650.42

642.68

HDFCBANK

537.50

568.30

561.00

549.25

541.95

530.20

522.90

511.15

HEROMOTOCO

1,977.55

2,125.52

2,091.38

2,034.47

2,000.33

1,943.42

1,909.28

1,852.37

HINDALCO

115.90

122.80

120.80

118.35

116.35

113.90

111.90

109.45

HINDUNILVR

434.90

444.65

441.20

438.05

434.60

431.45

428.00

424.85

ICICIBANK

833.35

890.48

871.82

852.58

833.92

814.68

796.02

776.78

IDFC

114.15

121.37

119.08

116.62

114.33

111.87

109.58

107.12

INFY

2,441.95

2,560.10

2,529.05

2,485.50

2,454.45

2,410.90

2,379.85

2,336.30

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Scripts Name

Close

R3

R2

R1

Pivot

S1

S2

S3

ITC

238.15

250.55

247.75

242.95

240.15

235.35

232.55

227.75

JINDALSTEEL

485.30

520.73

509.77

497.53

486.57

474.33

463.37

451.13

JPASSOCIAT

71.10

74.37

73.43

72.27

71.33

70.17

69.23

68.07

KOTAKBANK

564.05

593.65

585.85

574.95

567.15

556.25

548.45

537.55

LT

1,147.15

1,244.87

1,219.28

1,183.22

1,157.63

1,121.57

1,095.98

1,059.92

M&M

687.05

719.85

711.15

699.10

690.40

678.35

669.65

657.60

MARUTI

1,281.30

1,325.43

1,308.47

1,294.88

1,277.92

1,264.33

1,247.37

1,233.78

NTPC

154.95

161.73

160.02

157.48

155.77

153.23

151.52

148.98

ONGC

259.40

275.35

271.80

265.60

262.05

255.85

252.30

246.10

PNB

804.20

879.87

861.13

832.67

813.93

785.47

766.73

738.27

POWERGRID

106.75

110.70

109.65

108.20

107.15

105.70

104.65

103.20

RANBAXY

498.75

515.95

511.25

505.00

500.30

494.05

489.35

483.10

RELIANCE

726.45

754.97

747.48

736.97

729.48

718.97

711.48

700.97

RELINFRA

494.55

530.48

521.92

508.23

499.67

485.98

477.42

463.73

SAIL

93.75

99.83

98.12

95.93

94.22

92.03

90.32

88.13

SBIN

1,996.25

2,131.17

2,100.08

2,048.17

2,017.08

1,965.17

1,934.08

1,882.17

SESAGOA

180.60

191.68

189.27

184.93

182.52

178.18

175.77

171.43

SIEMENS

749.30

788.22

778.73

764.02

754.53

739.82

730.33

715.62

STER

101.05

106.63

105.32

103.18

101.87

99.73

98.42

96.28

SUNPHARMA

601.30

618.20

612.90

607.10

601.80

596.00

590.70

584.90

TATAMOTORS

301.80

313.63

308.67

305.23

300.27

296.83

291.87

288.43

TATAPOWER

100.05

104.82

103.48

101.77

100.43

98.72

97.38

95.67

TATASTEEL

432.50

459.98

452.97

442.73

435.72

425.48

418.47

408.23

TCS

1,276.80

1,325.88

1,310.57

1,293.68

1,278.37

1,261.48

1,246.17

1,229.28

WIPRO
414.90
428.10
424.00
419.45
415.35
410.80
406.70
402.15
Pivot Point (PP): Day trading tool- This is trigger point for Intra Day buy/sell based on the price range of the previous day.
R1: Resistance One: 1st Resistance over PP

S1: Support One: 1st support after PP

R2: Resistance Two: 2nd Resistance over R1.

S2: Support two: 2nd support after S1.

Note: As per the tool, the trader should take BUY position just above PP and keep the stop loss of PP and the first target would be R1. If R1
is crossed then R2 becomes the next target with the stop loss at R1. Similarly if price goes below PP the trader should SELL and keep the PP
as Stop Loss and the first target would be S1. If S1 is crossed then S2 becomes the next target with the stop loss at S1. This is an intra-day
tool, and the key to use this tool is to revise the STOP LOSS as when price moves up.

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Disclaimer:
This document is solely for the personal information of the intended recipient and must not be exceptionally used as the basis for any investment
decision. Nothing in this document should be construed as investment, Legal, taxation or financial advice. Swastika Investmart Ltd. is not soliciting any
action based upon it. Each recipient of this document should make necessary investigations as they consider important to arrive at an independent
evaluation of an investment in the securities of the companies referred to in this document (including the merits and risks involved).
This report has been made based on information that we consider reliable and are publicly available but we do not state that it is accurate or complete
and it should not be solely relied upon such, as this document is for. Swastika Investmart Limited, its affiliates, directors, its proprietary trading and
investment businesses may, from time to time, make investment decisions that are inconsistent with or contradictory to the recommendations expressed
herein. The views contained in this document are those of the analyst, and the company may or may not subscribe to all the views expressed within this
document. Swastika Investmart Limited or any of its affiliates/ group companies, or employees shall not be in any way held responsible for any loss or
damage that may arise to any person from any inadvertent error in the information contained in this report.
Swastika Investmart Limited has not independently verified the information contained in this document. Accordingly, we cannot testify, nor make any
representation or warranty, express or implied, to the accuracy, contents or data contained within this document. This document is being supplied to you
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