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Punter’s Call

June 20, 2012 6:00am ISTVisit us at www.sharekhan.com

(equities)

Market Breadth

BSE NSE

Advances 1,350 755

Declines 1,321 696

Unchanged 135 75

Volume (Rs) 1,858 cr 9,059 cr

Up trend intact

60 minute chart

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Nifty Chart: 5,103Markets on June 19, 2012: Support @ 5082

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.

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

Steel are expected to move up further going forward.

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 inthe medium term.

Other technical observations:

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. Themarket breadth was positive with 755 advances to 696

declines on the NSE.

x

16 23 30 6

February

13 21 27 5

March

12 19 26 2

April

9 16 2 3 30

May

7 14 21 28 4

June

11 18 25 2

July

-5

0

5

KST (2.60522)

4700

4750

4800

4850

4900

4950

5000

5050

5100

5150

5200

5250

5300

5350

5400

5450

5500

5550

5600

5650

5700- NSE50 [NIFTY] (5,050.80, 5,113.60, 5,048.10, 5,106.15, +37.6499)

0 2

May

3 4 7 8 9 1 0 11 1 4 15 1 6 17 1 8 21 2 2 23 2 4 25 2 8 29 3 0 31 1 4

June

5 6 7 8 11 12 13 14 15 18 19 20 21

-3

-2

-1

0

1

2

KST (0.05745)

4750

4800

4850

4900

4950

5000

5050

5100

5150

5200

5250

5300

- NSE50 [NIFTY] (5,105.60, 5,113.60, 5,081.00, 5,106.15, +0.60010)

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Trendy Levels

Sensex Nifty

Support Resistance Support Resistance18800 19300 5700 5847

18693 19700 5616 5993

18182 20062 5514 6078

20DSMA 40DEMA 20DSMA 40DEMA

20390 19941 6096 5958

BSE Sensex: 19013 Nifty: 5705

Trendy Levels

Sensex Nifty

Support Resistance Support Resistance16683 16967 5049 5145

16544 17109 4992 5190

16459 17271 4951 5239

20DSMA 40DEMA 20DSMA 40DEMA

16459 16638 4992 5045

BSE Sensex: 16,859 Nifty: 5,103

Up Downswing maturesDown

            

Icon guide

Upswing matures

Short Term Trend

Target Trend Reversal Support / Resistance

Sensex 17140 Down below 16553 16553 / 17140

Nifty 5200 Down below 5015 5015 / 5200

Medium Term Trend

Target Trend Reversal Support / Resistance

Sensex 17465 Down below 15800 15800 / 17465

Nifty 5300 Down below 4800 4800 / 5300

            

            

            

            

CTFT Basket

Date Call Scrip Name Buy Price/ Targets Status Call Closing PotentialSell Price Price (%)

19-06-12 Buy GVKPIL 14.1 - Open 14.15 0.35%

19-06-12 Buy Ranbaxy 481.8 - Open 481.55 -0.05%

19-06-12 Buy IFCI 36.2 - Open 36.1 -0.28%

19-06-12 Buy LIC Housing Fin 251.8 - Open 251.8 0.00%

19-06-12 Buy Syndicate Bank 99.9 - Open 100 0.10%

19-06-12 Buy IDFC 129.45 - Open 129.75 0.23%

CTFT Note: Target would be minimum 1 %

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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.

Momentum Calls

For the short term—1 to 5 daysFor the short term—1 to 5 days

Stock Action Action Stop loss Price Closing Potential % Target1 Target2

Date price P/L at CMP

Reliance Infra 19-06-12 Buy 491.9 501.7 505.6 0.8 513.0 525.0Rcom 18-06-12 Buy Stopped out 65.2 64.4 -1.2 66.5 68.0

Date Recommendation Action Stop Loss/ Stop Loss/ Buy/Sell Closing Potential % Targets

Reversal Reversal Price Price P/L at

(Intra-day) DCL (CMP) CMP

Date Recommendation Action Stop Loss/ Stop Loss/ Buy/Sell Closing Potential % Targets

Reversal Reversal Price Price P/L at

(Intra-day) DCL (CMP) CMP

NOTE: Kindly note that all stop losses in Smart Charts Calls are on closing basis unless specified.

TPB: Trailing profit booked

12-06-12 Allahabad Bank Buy - 136.0 143.1 140.6 -1.7% 151-160

12-06-12 Tata Steel Buy - 404.0 411.5 420.2 2.1% 440-460

08-06-12 BHEL Buy - 209.0 220.2 211.5 -4.0% 233-244

07-06-12 Indian Bank Buy - 160.5 164.8 171.2 3.9% 175-190

07-06-12 Century Textiles Buy - 258.0 271.0 274.9 1.4% 285-293

06-06-12 Maruti Suzuki Buy - 1,066.0 1,110.8 1,090.8 -1.8% 1156-1212

06-06-12 Andhra Bank Buy - 107.5 112.8 114.6 1.6% 120-127

06-06-12 Reliance Comm Buy - Stopped out 64.4 62.0 -3.7% 69-73

01-06-12 Bharat Forge Sell - 317.0 303.2 300.1 1.0% 278-256

Smart ChartsSmart ChartsSmart Charts

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L&T

Support: Rs1296/1250

Resistance: Rs1371/1531

Tata steel

Support: Rs413/408

Resistance: Rs431/445

9 16 23 30

May

7 14 21 28 4

June

11 18 25 2

July

1090

1100

1110

1120

1130

1140

1150

1160

1170

1180

1190

1200

1210

1220

1230

1240

1250

1260

1270

1280

1290

1300

1310

1320

1330

1340

1350

1360

1370

1380

1390

-5

0

5

10KST (8.20426)

6

bruary

13 21 27 5

March

12 19 26 2

April

9 16 23 30

May

7 14 21 28 4

June

11 18 25 2

July

385

390

395

400

405

410

415

420

425

430

435

440

445

450

455

460

465

470

475

480

485

490

495

500

505

510

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

-5

0

5

10

KST (2.20236)

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For June 20, 2012

Day Trader’s HIT List

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

SL=Stoploss

Scrip Name Support Levels Close Resistance Levels ActionS2 S1 (Rs) R1 R2

NIFTY Futures 5060.0 5089.0 5114.3 5130.0 5180.0 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......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

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