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8/02/2012 NIFTY DAILY CHART

NIFTY WEEKLY CHART

Nifty opened with a negative gap, came down to break the support of 5490 and closed 59 points in the negative at 5487 during yesterdays session. After a false breakout, Nifty has come back to test the lower band of the 160 points (5650 5490) trading range. However, traders are advised to trade carefully as Nifty has formed a triangle formation in both daily and weekly charts. A triangle formation signifies uncertainty among the market participants. Nifty should find resistance at 12 weeks exponential moving average at 5598 and 200 days exponential moving average at 5580. Long positions should be attempted only above 5520 (with a stop below 5470) and with a target of 5600. However, long positions should be avoided below 5490. Positional long positions are advised only above 5620 (with a stop below 5500). 200 DMA (SIMPLE) at 5708 and 200 DMA (EXPONENTIAL) at 5580 are important levels to watch. SKP Stock Broking Pvt. Ltd. 35, Chittaranjan Avenue, 4th Floor, Kolkata: 700012, E-mail: research@skpbroking.com Ph- 33 40640021

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Nifty is expected to face resistance at 5560, 5620, 5660 & 5720. Support levels are coming at 5470 & 5420.

INDICES PERFORMANCES
OPEN
NIFTY SENSEX

HIGH

LOW

CLOSE

% CHANGE

SECTORAL INDICES RELATIVE TO NIFTY (OUTPERFORMANCE & UNDERPERFORMANCE) 8/02/201 7/02/201 6/02/201 3/02/201 2/02/201 1/02/201 INDICES 2 2 2 2 2 2
NIFTY
RELATIVE UNDER/OUTPERFORMANCE BY: DELIVERY VOLUME (%) RELATIVE UNDER/OUTPERFORMANCE BY: DELIVERY VOLUME (%)

31/1/201 2

-0.49% -0.62% 39.33 % 1.03% 35.77 % 1.01% 48.93 % 0.80% 54.60 % -0.48% 45.64 % 0.03% 54.54 % -1.10%

0.67% 0.36% 44.01 % 0.67% 49.20 % -0.92% 56.75 % -0.81% 49.23 % -0.18% 48.09 % 0.10% 43.94 % 0.70%

1.06% -0.50% 49.63 % 0.36% 42.12 % 0.26% 54.22 % 0.46% 55.92 % -0.12% 38.05 % -0.41% 44.92 % -2.18%

0.65% -0.33% 46.48 % -0.22% 44.21 % -0.23% 59.71 % -0.82% 60.49 % 0.77% 34.58 % -0.84% 52.24 % 0.95%

0.70% 1.21% 42.03 % -0.40% 40.16 % 0.18% 55.94 % -0.72% 56.78 % -0.72% 35.96 % 1.42% 42.96 % 2.25%

2.20% 0.11% 41.20% 1.81% 38.84% -0.40% 56.89% -0.84% 55.29% -0.73% 43.90% 0.13% 56.56% -0.02%

AUTO

BANK

ENER GY

RELATIVE UNDER/OUTPERFORMANCE BY: DELIVERY VOLUME (%) RELATIVE UNDER/OUTPERFORMANCE BY: DELIVERY VOLUME (%) RELATIVE UNDER/OUTPERFORMANCE BY: DELIVERY VOLUME (%) RELATIVE UNDER/OUTPERFORMANCE BY: DELIVERY VOLUME (%) RELATIVE UNDER/OUTPERFORMANCE BY:

FMCG

IT

MEDI A META L

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DELIVERY VOLUME (%)

33.97 % 0.45% 62.48 % -1.88% 23.68 %

42.41 % -0.71% 55.79 % 3.49% 20.82 %

35.97 % 0.48% 53.89 % 0.89% 15.10 %

42.92 % -1.80% 67.05 % 0.29% 17.97 %

43.81 % -0.75% 59.68 % 0.25% 17.49 %

37.67% -0.82% 62.52% 1.57% 32.74%

PHAR MA

RELATIVE UNDER/OUTPERFORMANCE BY: DELIVERY VOLUME (%) RELATIVE UNDER/OUTPERFORMANCE BY: DELIVERY VOLUME (%)

REALT Y

NIFTY IMPORTANT LEVELS:

20 SMA 50 SMA 100 SMA 200 SMA 200 EMA

NIFTY 50 SUPPORTS & RESISTANCES (PIVOT)

R3
NIFTY ACC AMBUJACEM AXISBANK BAJAJ-AUTO BHARTIARTL BHEL BPCL CAIRN CIPLA COALINDIA DLF DRREDDY GAIL GRASIM HCLTECH HDFC HDFCBANK HEROMOTOC O HINDALCO HINDUNILVR ICICIBANK IDFC INFY ITC JINDALSTEL SKP Stock Broking Pvt. Ltd. 35, Chittaranjan Avenue, 4th Floor, Kolkata: 700012, E-mail: research@skpbroking.com Ph- 33 40640021

R2

R1

PIVOT

S1

S2

S3

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JPASSOCIAT KOTAKBANK LT M&M MARUTI NTPC ONGC PNB POWERGRID RANBAXY RCOM RELIANCE RELINFRA RPOWER SAIL SBIN SESAGOA SIEMENS STER SUNPHARMA TATAMOTOR S TATAPOWER TATASTEEL TCS WIPRO

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Ph- 33 40640021

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DIRECTOR:
VICE PRESIDENT: COMPLIANCE OFFICER:

MR. ANKIT PATNI

MR. SANTOSH JAIN MR KAMAL JAIN

Technical Research: Prasun Chatterjee. E-mail: research@skpbroking.com

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