RETAIL RESEARCH 03 Mar 2017

Pivot Point Table

Name Close % Change 20 SEMA Trend S1 S2 Pivot R1 R2
* CNX NIFTY 8899.8 -0.5 8829.1 UP 8743 8856 8924 8968 9081
* CNX 100 9167.7 -0.7 9114.3 UP 8988 9118 9198 9248 9378
* CNX 200 4783.3 -0.8 4756.6 UP 4683 4756 4801 4829 4902
* CNX 500 7691.6 -0.8 7647.5 UP 7529 7647 7721 7765 7883
* CNX AUTO 9705.5 0.4 9821.2 DN 9508 9650 9735 9791 9932
* CNX BANK INDEX 20560.1 -1.1 20444.6 UP 20028 20416 20661 20804 21193
* CNX COMMODITIES 3389.3 -0.9 3393.3 DN 3291 3362 3406 3433 3505
* CNX CONSUMPTION 3917.3 -0.6 3905.1 UP 3834 3894 3930 3954 4014
* CNX ENERGY 11172.3 -0.9 10935.5 UP 10843 11079 11222 11315 11551
* CNX FINANCE 8310.9 -0.8 8242.8 UP 8129 8262 8345 8394 8527
* CNX FMCG 22417.3 -1.0 22589.8 DN 21826 22253 22515 22680 23107
* CNX INFRA 2953.0 -1.4 3010.1 DN 2864 2929 2970 2994 3059
* CNX IT INDEX 10741.6 -0.1 10424.3 UP 10613 10703 10755 10793 10883
* CNX MEDIA 2958.6 -1.2 2977.9 DN 2866 2933 2973 2999 3066
* CNX METAL 3166.3 -0.6 3104.1 UP 3058 3136 3185 3215 3294
* CNX MNC 10616.5 -0.2 10683.0 DN 10403 10558 10653 10712 10867
* CNX NIFTY JUNIOR 24102.7 -1.4 24214.2 DN 23339 23900 24259 24462 25023
* CNX PHARMA 10541.1 -1.5 10528.0 UP 10209 10451 10603 10693 10935
* CNX PSE 3960.8 -1.4 4077.6 DN 3839 3929 3987 4018 4108
* CNX PSU BANK 3247.0 -1.9 3334.8 DN 3100 3208 3277 3316 3424
* CNX REALTY 196.2 -4.2 193.4 UP 181 192 199 203 215
* CNX SERVICE 11437.7 -0.8 11355.1 UP 11209 11376 11480 11542 11708
* NIFTY MIDCAP 50 4113.5 -2.0 4107.5 UP 3944 4069 4148 4193 4317
* NSE INDIA VIX 13.4 -1.6 13.5 DN 12 13 13 14 14
ACC 1407.9 -0.1 1451.9 DN 1356 1393 1416 1431 1468
ADANI ENTERPRISE 93.6 -4.5 94.6 DN 84 91 96 98 105
ADANI PORT & SEZ 293.9 -2.9 302.6 DN 275 289 297 302 316
ADANI POWER 36.7 -4.9 36.7 UP 33 36 37 38 41
ADITYA BIRLA NUVO 1442.5 -1.1 1461.7 DN 1392 1428 1451 1465 1502
AJANTA PHARMA 1710.6 -0.4 1745.5 DN 1675 1700 1715 1725 1750
ALLAHABAD BANK 70.2 -4.6 72.6 DN 64 69 71 73 77
AMARA RAJA BATTE 844.6 -0.8 867.0 DN 821 838 849 855 873
AMBUJA CEMENTS 228.6 -0.1 234.8 DN 220 226 230 232 238
AMTEK AUTO 37.8 -2.3 36.3 UP 35 37 38 39 41
ANDHRA BANK 54.4 -3.5 55.4 DN 51 53 55 56 59
APOLLO HOSPITALS 1320.6 -0.4 1269.9 UP 1284 1309 1324 1335 1361
APOLLO TYRES 181.4 -2.3 181.8 DN 172 179 183 186 193
ARVIND 381.0 0.3 377.6 UP 361 376 384 390 404
ASIAN PAINTS 1028.8 -0.4 996.1 UP 1004 1022 1033 1040 1059
AUROBINDO PHARMA 668.3 -1.5 677.3 DN 644 662 673 679 697
AXIS BANK 506.3 -1.4 497.4 UP 484 500 510 516 532
BAJAJ AUTO 2832.1 2.3 2792.3 UP 2748 2801 2823 2854 2907
BANK OF BARODA 161.6 -2.3 172.9 DN 153 159 163 166 172
BATA (I) 495.7 -2.2 500.5 DN 468 488 500 508 528
BHARAT FORGE 1041.8 -1.0 1031.3 UP 986 1026 1051 1066 1106
BHARAT PETROLEUM 635.2 -3.7 696.2 DN 588 622 644 657 691
BHARTI AIRTEL 356.9 -1.6 360.7 DN 337 351 358 365 378
BHEL 158.2 -1.3 153.5 UP 149 156 160 162 169
BIOCON 1032.9 -7.3 1093.6 DN 897 996 1059 1096 1195
BOSCH 21608.3 0.4 22173.3 DN 21298 21510 21623 21722 21933
BRITANNIA INDS 3114.1 -2.1 3229.5 DN 2957 3072 3145 3187 3302

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CAIRN INDIA 295.8 1.5 282.8 UP 286 293 296 299 306
CEAT 1152.2 -2.4 1147.0 UP 1097 1137 1163 1177 1218
CENTURY TEXTILES 920.8 -3.0 922.8 DN 862 905 932 948 991
CESC 810.6 -2.1 833.0 DN 764 798 819 832 865
CIPLA 589.3 0.5 589.3 DN 581 586 589 592 598
COAL INDIA 321.4 0.4 322.0 DN 310 318 322 326 334
COLGATE PALMOLIV 892.2 -0.6 896.8 DN 870 886 896 902 919
DABUR (I) 276.6 0.1 269.5 UP 270 274 277 279 283
DEWAN HOUSING 324.6 -2.3 312.0 UP 302 318 329 335 351
DISH TV (I) 94.4 -2.8 90.3 UP 86 92 95 98 103
DIVIS LABS 751.6 -1.7 747.8 UP 717 742 758 768 793
DR. REDDY'S LABS 2870.5 -1.8 2957.9 DN 2804 2852 2881 2899 2947
EICHER MOTORS 23448.9 -1.1 24394.6 DN 22531 23190 23591 23850 24509
ENGINEERS (I) 147.6 -1.4 151.2 DN 142 146 149 150 154
GAIL (I) 501.6 -0.9 499.1 UP 482 496 505 510 524
GLENMARK PHARM 905.6 -2.6 939.8 DN 848 890 917 933 975
GMR INFRASTRUCTURE 15.9 0.3 14.6 UP 14 15 16 17 18
GODREJ INDS 482.0 -3.4 502.4 DN 451 474 488 496 519
GRASIM INDS 995.1 -1.1 1002.2 DN 963 986 999 1009 1032
HAVELLS (I) 420.9 2.6 423.6 DN 390 411 421 432 453
HCL TECH 843.8 -0.6 833.7 UP 823 838 846 852 866
HDFC 1399.0 -0.1 1395.5 UP 1365 1389 1402 1412 1436
HDFC BANK 1380.1 -0.8 1348.0 UP 1352 1372 1384 1392 1412
HERO MOTOCORP 3229.3 1.6 3186.0 UP 3119 3192 3227 3265 3338
HEXAWARE TECHNOL 218.0 -3.8 210.1 UP 203 214 221 225 235
HIND PETROLEUM 507.6 -2.1 550.9 DN 477 499 513 521 544
HINDALCO 189.5 0.1 185.8 UP 178 186 191 194 202
HINDUSTAN UNILEVER 877.5 0.2 856.9 UP 863 873 878 883 892
HOUSING DEV & INFRA 67.8 -2.9 67.3 UP 62 66 69 70 74
ICICI BANK 278.7 -0.2 282.9 DN 268 276 280 283 291
IDBI 77.2 -3.4 81.7 DN 72 76 78 80 84
IDEA CELLULAR 109.6 -3.2 110.3 DN 101 107 111 113 119
IDFC 51.3 -4.2 54.3 DN 47 50 52 53 56
IFCI 28.6 -1.6 29.7 DN 27 28 29 29 31
INDIA CEMENTS 161.6 -4.4 163.6 DN 146 157 164 168 179
INDIABULLS HOUSING FINANCE 851.9 -2.1 837.2 UP 809 840 860 872 903
INDIABULLS REAL ESTATE 79.2 -6.3 78.8 UP 70 77 81 84 90
INDIAN OVERSEAS BANK 27.1 -2.3 27.1 DN 25 27 27 28 29
INDRAPRASTHA GAS 1033.9 -1.5 1026.3 UP 999 1025 1041 1051 1077
INDUSIND BANK 1306.5 -1.5 1320.9 DN 1264 1295 1315 1326 1358
INFOSYS 1023.3 -0.2 983.1 UP 1006 1017 1023 1029 1040
IRB INFRASTRUCTURE DEVELOPERS 229.3 -3.4 232.2 DN 206 223 234 240 257
ITC 264.8 -1.4 269.8 DN 255 262 266 269 276
JAIN IRRIGATION 92.4 -1.8 95.1 DN 88 91 93 94 97
JAIPRAKASH ASSOC 15.0 -6.6 14.1 UP 13 14 15 16 18
JAIPRAKASH POWER VENTURES 5.8 -6.5 5.9 DN 5 6 6 6 7
JINDAL STEEL POW 125.1 -1.0 101.1 UP 119 123 126 128 132
JSW ENERGY 62.2 -4.0 62.7 DN 57 61 63 64 68
JSW STEEL 183.5 -3.3 188.1 DN 171 180 185 189 198
JUBILANT FOODWORKS 1031.1 2.9 991.6 UP 943 1005 1042 1068 1130
JUST DIAL 537.6 -1.9 461.2 UP 507 529 542 551 572
KARNATAKA BANK 137.9 0.1 123.2 UP 129 135 139 142 148
KAVERI SEED CO 488.0 -1.7 470.9 UP 453 478 492 502 527
KOTAK MAHINDRA BANK 816.2 -1.0 789.7 UP 794 810 819 826 842

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L&T FINANCE HOLDINGS 113.2 -2.5 111.8 UP 105 111 115 117 123
LARSEN & TOUBRO 1474.0 -0.1 1483.8 DN 1439 1464 1480 1490 1515
LIC HOUSING FIN 552.7 -1.5 556.9 DN 530 547 557 563 580
LUPIN LABS 1460.9 -0.6 1464.9 DN 1419 1449 1466 1478 1508
MAHINDRA & MAHINDRA 1325.0 -1.8 1297.9 UP 1257 1305 1333 1353 1401
MARUTI SUZUKI 5918.8 0.0 6045.2 DN 5781 5880 5939 5978 6077
MCLEOD RUSSEL 171.3 -2.5 169.0 UP 158 168 174 177 187
MINDTREE 460.3 -2.5 465.1 DN 436 454 465 472 490
MOTHERSON SUMI 353.0 -2.4 347.9 UP 327 346 358 365 384
NMDC 145.2 -3.4 144.0 UP 134 142 147 150 159
NTPC 156.0 -2.5 168.7 DN 148 154 157 159 165
OIL (I) 331.0 -0.7 334.9 DN 319 327 332 336 344
ONGC 192.7 -0.6 195.2 DN 189 192 193 194 197
ORACLE FINANCIAL SERVICES SOFTWARE 3641.9 -2.4 3653.3 DN 3463 3590 3667 3718 3846
ORIENTAL BANK 122.3 -3.6 124.7 DN 113 120 124 127 133
PAGE INDS 14390.0 -0.6 14310.5 UP 14037 14268 14376 14499 14730
POWER FINANCE CORP 135.7 -1.1 134.3 UP 130 134 136 138 142
POWER GRID CORP OF INDIA 189.8 -1.5 200.0 DN 183 188 191 193 198
PTC INDIA 86.0 -2.1 87.4 DN 81 85 87 88 92
PUNJAB NATIONAL BANK 139.3 -2.4 143.6 DN 131 137 141 143 149
RELIANCE COMMUNICATIONS 37.3 -3.7 35.4 UP 34 37 38 39 41
RELIANCE INDS 1236.8 0.2 1100.7 UP 1197 1224 1240 1252 1280
RURAL ELECTRIFICATION CORPORATION 153.1 -0.2 148.4 UP 146 151 154 156 161
SHRIRAM TRANSPORT FINANCE 899.2 -2.9 945.4 DN 846 885 909 924 963
SIEMENS 1198.3 -1.5 1208.9 DN 1151 1185 1205 1218 1252
SOUTH INDIA BANK 20.4 -2.4 20.5 DN 19 20 21 21 22
SRF 1573.3 1.5 1627.4 DN 1480 1545 1581 1610 1675
STATE BANK 267.3 -1.6 272.3 DN 256 264 270 273 281
STEEL AUTHORITY 61.9 -2.3 62.6 DN 57 61 63 64 67
STRIDES ARCOLAB 1142.1 -2.3 1175.0 DN 1083 1125 1149 1167 1208
SUN PHARMACEUTICALS INDS 676.2 -2.7 664.0 UP 637 666 683 694 722
SUN TV 707.7 -2.3 701.7 UP 675 699 713 722 746
SYNDICATE BANK 67.8 -3.2 70.1 DN 63 67 69 70 73
TATA COMMUNICATI 732.9 -1.4 746.4 DN 703 725 738 746 767
TATA MOTORS 461.7 2.7 480.4 DN 439 454 461 469 483
TATA POWER COMP 81.1 -1.1 82.5 DN 78 80 82 82 84
TATA STEEL 494.7 -1.1 477.2 UP 476 489 498 503 516
TCS 2501.5 0.9 2390.0 UP 2438 2478 2494 2518 2558
TECH MAHINDRA 499.9 0.0 493.8 UP 489 496 501 504 512
TITAN COMPANY 430.5 -1.8 423.4 UP 406 424 435 442 460
TVS MOTOR 426.5 0.3 414.8 UP 412 422 427 432 442
UCO BANK 36.3 -3.1 36.7 DN 34 36 37 37 39
ULTRATECH CEMENT 3817.8 2.3 3743.8 UP 3654 3759 3804 3863 3968
UNITECH 6.1 -3.9 6.0 UP 5 6 6 6 7
UNITED BREWERIES 777.4 -0.7 795.6 DN 748 768 780 789 809
UPL 701.6 -2.2 719.9 DN 648 685 705 722 758
VEDANTA 270.9 2.0 258.0 UP 259 267 272 275 283
VOLTAS 369.8 -2.2 348.9 UP 351 365 373 378 392
WIPRO 490.2 0.3 474.0 UP 480 487 491 494 502
WOCKHARDT 713.7 -4.8 702.2 UP 672 700 715 728 756
YES BANK 1424.7 -2.1 1427.8 DN 1368 1409 1435 1450 1491
ZEE ENTERTAINMENT ENTERPRISES 501.7 -0.9 513.4 DN 483 496 504 509 523

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Table Explained:
20 SEMA 20 Day Simple Moving Average
Trend Prevailing Trend of the Index/Stock
UP - Uptrend. DN - Down Trend
S1, S2 & R1, R2 - Support 1, Support 2. & Resistance 1, Resistance 2
Pivot Median/Center level of the Price based on Previous Days Movement.

Intraday / Trading Tool:

Buy: First filter Trend should be UP i.e. price is above 20 SEMA (20 Day Simple Moving Average) as this set-up indicates that
the stock is in Near term Uptrend. In such a case initiate longs in such stocks above R1 with the Stoploss of S1/Low of the Day
whichever is less at the point of breakout.
Sell: First filter Trend Should be Down i.e. Closing price is below 20 SEMA (20 Day Simple Moving Average). as this set-up
indicates that the stock is in Near term Downtrend. In such a case Initiate shorts in such stocks below S1 with the Stoploss of
R1/High of the Day whichever is less at the point of breakdown.
For intraday traders looking for very small gains, R1 can be replaced by Pivot for buy and S1 can be replaced by Pivot for sell.

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