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com October 14, 2010 13:00 noon IST

Punter’s Call

Support @ 6200
The Nifty has given a negative close on the hourly charts run. Market breadth is positive with 716 advances and 674
indicating that the rally, which started from 6057, has declines.
taken a halt. Now till today’s high is not taken off i.e.
6284 Nifty may still be sideways. On the lower side 6200 Of the 30 stocks of the Sensex Larsen and Toubro (down
is a crucial support which is 38.2% retracement of the 2.24%) and NTPC (down 1.25%) are the top losers, whereas,
rise from 6057 to 6284. The daily momentum indicators Wipro (up 2.54%) and Tata Steel (up 2.42%) are the top
still remain in sell mode which is showing some negative gainers.
divergence on Nifty. So, now one should buy above 6284
or on dips at 6200 to match the ideal risk-reward in the Updated at 12:00 noon

short term. The Nifty is getting closer and closer to its all Advance Decline
time high and we continue to maintain our short term BSE 1,453 1,454
bias up for the target of 6350. NSE 728 666
Moving Average (hourly)
On hourly charts, KST momentum indicator has given a
buy crossover and is trading above the zero line. The 20(S) 6143 100 (S) 6102

Nifty is trading above its 20HMA and 40HMA, i.e. 6143 40(S) 6141 200 (S) 5937
and 6147 respectively, which are supports in the short S: Simple Moving Average

- NSE50 [NIFTY] (6,224.75, 6,240.85, 6,222.35, 6,235.30, +10.7500) 6350

6300
6250
6200
6150

6100
6050
6000

5950
5900
5850

5800

5750

5700

5650

5600

5550

5500

5450

5400

5350

5300

KST (1.63983) 2.5

2.0
1.5
1.0
0.5
0.0
-0.5
-1.0

25 26 27 30 31 1 2 3 6 7 8 9 13 14 15 16 17 20 21 22 23 24 27 28 29 30 1 4 5 6 7 8 11 12 13 14 15
September October

For Private Circulation only

Short Term Trend

Target Trend Reversal Support/Resistance

Sensex 21200
u Down below 20107 20107 / 21200

Nifty 6350 u Down below 6057 6057 / 6350

Medium Term
Medium Term Trend
Trend

Target Trend Reversal Support/Resistance

Sensex 22500 u Down below 19100 19100 / 22500

Nifty 6700 u Down below 5740 5740 / 6700

Icon guide
u
u Up Down Downswing matures Upswing matures

CTFT Calls
Carry today for tomorrow
Stock Action Stop loss Price Closing price Target
Praj Industries Buy 74.1 74.8 74.9 76/77
Punjab National Bank Buy 1,334.0 1,347.8 1,349.1 1,362/1,375

High noon 2 October 14, 2010 Home

 Smart Charts

Date Recommendation Action Stop Loss/ Stop Loss/ Buy/Sell Closing Potential % Targets
Reversal Reversal Price Price P/L at
(Intra-day) DCL (CMP) CMP
13-10-10 Gujarat NRE Coke Buy - 66.0 68.1 68.0 -0.1% 73.5-78
13-10-10 United Phosphorus Buy - 184.5 194.0 191.2 -1.4% 205-210
13-10-10 Punj Lloyd Buy - 131.0 136.8 135.6 -0.9% 145-155
12-10-10 Apollo Tyres Buy - 79.9 84.0 84.4 0.5% 88.5-91
11-10-10 Essar Oil Buy - 135.0 141.7 140.8 -0.6% 149-154
6-10-10 Prism Cement Buy - 59.0 62.5 62.4 -0.2% 66-72
6-10-10 Peninsula Land Buy - 66.0 70.7 67.7 -4.2% 78-85
5-10-10 Hindustan Oil Buy - 236.0 254.6 243.7 -4.3% 275-300
05-10-10 TTML Buy - 21.9 23.4 23.9 2.1% 26-29
24-09-10 Reliance Industries Buy - 1,007.9 1,007.4 1,072.0 6.4% 1085-1170
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 term—1 to 5 days

Stock Action Action Stop loss Price Closing Potential % Target1 Target2
Date price P/L at CMP
Tata Comm Buy 14-10-10 329.0 336.4 335.0 -0.4% 343.0 347.0
Prism Cement Buy 13-10-10 Book Profit 62.2 65.5 5.3% 64.0 65.5
RPower Buy 13-10-10 163.4 165.1 164.4 -0.4% 169.0 173.0
Tech Mahindra Buy 13-10-10 778.0 783.0 789.0 0.8% 802.0 813.0
Dr. Reddy’s Lab Buy 13-10-10 1,584.0 1,582.0 1,594.0 0.8% 1,612.0 1,640.0
BPCL Buy 13-10-10 Stopped Out 754.0 739.0 -2.0% 769.2 784.2
TCS Buy 13-10-10 Book Profit 958.0 979.0 2.2% 978.0 997.0
Praj Industries Buy 13-10-10 72.5 74.8 75.1 0.4% 76.5 78.0
ICICI Bank Buy 11-10-10 Book Profit 1,142.5 1,166.0 2.1% 1,165.5 1,188.5
NOTE: Kindly note that all stop losses in Momentum Calls are on an intra-day basis.
TPB: Trailing profit bookeds
NOTE : Action taken after market hours will be highlited in blue colour.

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