Daily Calls

nINDRAY74

February 19, 2013 Sensex: We said, "positive options can open on strength and close above the candle ..." Index did trade above the previous candle, but could not close above it. It finally ended flat, as did most of the sectors. However, Realty, Cap.Goods and Power Indexes outperformed for gains of over a percent, and A/D ratio turned positive to 2:1. The action formed a Long Legged Doji, a smaller candle with higher highlow compared to previous day. The action ended as levels similar to where it opened. Such a candle is considered indecisive, and depends on the follow-up action beyond its high-low, on closing basis. Bias positive above the candle, but turns negative below its low. Exhibit 1: Sensex daily candlestick chart

Domestic Indices
Indices BSE Sensex CNX S&P Nifty Nifty future BSE 500 BSE Midcap BSE Smallcap Close 19,501.1 5,898.2 5,904.6 7,437.8 6,654.7 6587.48 Change 32.93 10.80 11.93 21.59 27.81 46.56 change% 0.2 0.2 0.2 0.3 0.4 0.7

Global Indices
Indices Close Dow Jones 13,981.8 Nasdaq 3,192.0 FTSE 6,318.2 DAX 7,628.7 Hang Seng 23,370.9 Nikkei 11,386.2 SGX Nifty 5,903.0 * Asian Market at 7:30 am.IST Change 0.0 0.0 -10.1 35.2 -11.0 -23.5 4.0 change% 0.0 0.0 -0.2 0.5 -0.1 -0.2 0.1

Sectoral Performance
2.1 % Change 1.1 1.2 1.0

0.5

-0.2

-0.5

-0.9 Realty Metals Consumer Durable Capital goods Power IT

CNX S&P Nifty Technical Picture

Nifty Trend Trend Reversal Support Resistance 20 Days SMA 200 days SMA 5878-5850 5925-5950 Intraday Range bound Short Term Up 5800 5800 6150 5980 5512

Exhibit 2: Nifty Future daily candlestick Chart

Nifty Future
CMP : Comment : 5904.60 Future premium increased from 5 points to 6. Holds support area of 5838-68 for the 2nd day. Reverse if fails to reach / sustain above 5915-25.

Action : Targets : Stop-loss :

Buy in the range of 5879-5884 5910 / 5925 / Higher 5865

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Recommendation for the day

Exhibit 3: HDFC (HDFC) HDFC (HDFC) Feb Future
CMP : Comment : 825.10 Price closed above trendline resistance and MACD in buy mode moving above trigger line in daily chart

Daily Candlestick Chart

Action : Targets : Stop-loss :

Buy above 826 838/844/Higher 820

Source: Spider software, ICICIdirect.com Research

Exhibit 4: Hindustan Unilever (HINLEV) Hindustan Unilever (HINLEV) Feb Future

CMP : Comment : 471.05 Potential double bottom in the daily chart and and price closed above 13 days EMA and 14 periods RSI in buy mode in daily chart Buy in the range of 469-468 476/480/Higher 465

Daily Candlestick Chart

Action : Targets : Stop-loss :

Source: Spider software, ICICIdirect.com Research

Exhibit 5: Havells India (HAVIND) Havells India (HAVIND) Feb Future

CMP : Comment : 686.65 Evening star candlestick pattern at the previous high and stochastic in sell mode in daily chart Sell below 683 672/666/Lower 689

Daily Candlestick Chart

Action : Targets : Stop-loss :

Source: Spider software, ICICIdirect.com Research

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Page 2

Exhibit 6: Indian Hotel (INDHOT)

Daily Candlestick Chart

Indian Hotel (INDHOT) Feb Future

CMP : Comment : 59.85 Trendline support breached and price sustaining below previous low and 14 periods RSI in sell mode in daily chart Sell below 59.60 58.20/57.50/Lower 60.3

Action : Targets : Stop-loss :

Source: Spider software, ICICIdirect.com Research

Previous Days Performance

--

Counter Action Nifty Sell in the range of 5909-5914 IDFC Buy above 158.50 Cipla Buy above 384 Indian Hotel Sell below 59.80 PTC India Sell below 68.50 * Return Opportunity

Targets 5880/5860/161.5/163/+ 390/393/+ 58.5/57.80/67.10/66.5/-

Comments Closed at 5906 Target 1 Achieved Stoploss Triggered Book profit at 59.20 No Trade

Return%* 06 Points 1.90 -0.80 1.00 0.00

Nifty Points gained for the day: 06 points

Gains over last 216 days: 1296 points

Stock profits: Avg 0.70% per trade

(Cum. Profits over last 216 days: 509.68%)

Strike Rate for the day: 2/3

s

(Cum strike rate over 216 days : 431/655(66%)

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STOCK SENSEX NIFTY ACC ANDHRA BANK ARVIND NSE BAJAJAUTO BALAJI TELE BOB BOI BEL BPCL BHEL CANARA BANK CENTURY TEXT. CIPLA DR.REDDY'S LAB. GAIL GEOMETRIC GRASIM AMBUJA CEMENT HCL TECH NSE HDFC BANK NSE HOUSING DEV.FIN. HERO HONDA HEXAWARE TECHNOL HINDALCO HINDUSTAN UNILEVER HPCL ICICI BANK IDBI I-FLEX SOLUTION IOC INFOTECH ENT. INFOSYS ITC JINDAL SAW KPIT CUMMINS

CLOSE

S1

S2

S3

R1

R2

R3 TREND

19501.08 19503.60 19480.75 19457.85 19549.40 19582.15 19614.95 +ve 5898.20 1262.20 102.85 87.20 1946.60 46.00 759.45 343.60 1206.80 379.30 207.45 455.45 373.60 379.80 1802.20 340.15 102.95 3026.60 190.90 691.20 676.00 824.45 1693.35 85.45 111.00 470.20 311.95 1122.00 99.15 2950.35 312.55 166.00 2780.10 300.30 97.90 110.45 5897.05 1264.00 102.65 87.15 1927.75 45.45 760.05 343.55 1194.15 377.35 207.05 452.75 372.90 377.05 1786.10 339.55 102.65 3004.60 187.95 685.15 674.75 821.75 1691.05 84.90 110.95 469.10 312.85 1120.30 99.05 2939.75 307.80 165.85 2766.50 299.05 97.80 110.35 5888.90 1255.25 102.05 86.65 1913.65 44.55 758.25 341.75 1185.30 373.80 205.75 447.70 370.65 374.85 1769.40 337.75 101.80 2986.90 186.75 681.20 673.05 816.40 1681.85 83.85 110.45 466.65 310.80 1117.65 98.55 2911.60 304.65 164.70 2756.90 298.40 96.90 108.00 5880.75 1246.55 101.45 86.15 1899.55 43.65 756.45 339.95 1176.40 368.25 204.45 442.60 368.45 372.70 1752.70 336.00 100.95 2969.20 185.55 677.30 669.90 811.05 1672.65 82.80 110.00 464.20 308.80 1112.70 98.05 2883.40 301.45 163.60 2747.35 297.75 96.00 105.65 5913.30 1281.40 103.85 88.15 1950.25 47.25 763.60 347.15 1211.80 384.45 209.70 462.85 377.35 380.55 1805.30 343.10 104.40 3025.95 190.90 692.75 678.20 832.40 1709.45 87.00 111.85 473.95 316.90 1125.55 100.05 2996.15 314.35 168.15 2778.35 300.15 99.65 115.05 5924.85 1292.15 104.70 89.20 1961.50 48.05 766.95 349.05 1220.60 387.95 210.65 465.60 379.75 382.30 1814.90 345.20 105.70 3036.60 192.35 696.55 679.95 835.25 1720.70 87.85 112.45 475.90 320.90 1128.15 100.80 3012.60 317.60 168.85 2784.30 300.70 100.90 117.15 5936.35 +ve 1302.90 +ve 105.50 +ve 90.30 +ve 1972.75 -ve 48.85 +ve 770.30 +ve 350.95 +ve 1229.40 -ve 393.55 Neutral 211.60 +ve 468.35 +ve 382.20 +ve 384.05 -ve 1824.45 -ve 347.25 +ve 107.05 +ve 3047.25 -ve 193.80 -ve 700.35 -ve 683.10 Neutral 838.05 +ve 1732.00 +ve 88.70 +ve 113.00 +ve 477.80 +ve 324.90 +ve 1133.15 Neutral 101.55 +ve 3029.05 +ve 320.90 -ve 169.60 +ve 2790.20 -ve 301.20 -ve 102.15 +ve 119.25 +ve

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LARSEN & TOUBRO LIC HOUSING M&M MARUTI SUZUKI MASTEK MTNL NALCO NTPC ONGC OBC PNB RANBAXY RELIANCE INFRA. RELIANCE ROLTA INDIA SAIL SATYAM SCI SBI SYNDICATE BANK TATA CHEMICALS NSE TATA MOTORS NSE TATA POWER SUPPL TATA TEA TCS TATA STEEL UBI TATA COMM. WIPRO ZEE STOCK

1468.95 245.75 892.35 1479.80 140.25 22.65 46.55 151.10 317.85 299.50 850.20 410.30 486.40 847.50 65.10 78.00 114.00 48.85 2262.70 128.05 338.00 305.80 96.25 141.90 1425.35 385.25 234.20 233.80 402.90 224.45 CLOSE

1465.05 242.95 888.25 1478.45 140.15 22.65 46.50 150.95 314.15 299.05 849.95 409.40 485.10 847.95 64.90 78.10 112.75 48.90 2259.10 127.95 336.80 305.50 95.80 142.25 1416.25 383.75 234.30 232.15 401.55 222.30 S1

1456.95 239.70 884.05 1473.80 139.15 22.40 46.20 150.60 312.25 297.50 847.20 407.55 480.45 845.10 64.35 77.65 111.75 48.60 2250.65 127.60 335.25 303.85 95.30 141.45 1410.90 380.65 233.15 228.80 398.95 221.10 S2

1448.85 236.45 879.90 1469.20 138.15 22.10 45.95 150.25 310.35 295.95 844.45 404.55 475.85 842.25 63.75 77.25 110.75 48.25 2242.20 127.20 332.50 302.20 94.60 140.65 1405.55 377.55 232.00 225.45 396.35 219.95 S3

1481.25 246.60 893.25 1487.70 142.15 23.15 47.05 151.65 319.10 302.15 855.45 413.10 494.35 853.65 66.05 78.95 114.15 49.55 2276.00 128.75 340.00 308.80 96.80 143.80 1427.20 390.00 236.60 238.85 406.70 225.15 R1

1488.00 248.45 895.75 1493.15 144.20 23.35 47.40 152.30 321.60 305.30 859.65 414.95 498.15 859.50 67.05 79.60 114.85 50.30 2287.05 129.85 341.60 313.25 97.30 145.00 1432.70 392.60 238.05 240.15 411.05 226.55 R2

1494.80 +ve 250.30 -ve 898.25 -ve 1498.55 +ve 146.20 +ve 23.50 +ve 47.80 +ve 152.90 +ve 324.05 -ve 308.45 +ve 863.80 +ve 417.95 Neutral 501.90 +ve 865.30 +ve 68.00 +ve 80.25 +ve 115.60 -ve 51.00 +ve 2298.05 +ve 130.95 +ve 344.30 Neutral 317.65 +ve 98.00 Neutral 146.20 +ve 1438.15 -ve 395.25 +ve 239.50 +ve 241.50 +ve 415.35 +ve 228.00 -ve R3 TREND

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Page 5

NOTES : The Sell below / above price is a key technical level which decides the trend for the day Once the call is initiated, an appropriate Stop Loss trigger should be put for the trade Once into position, put trailing stops to preserve your profits Book 50% profit once the position is in profit by 1% and trail stoploss to cost Be careful if the counter achieves the target immediately after opening The strategies are valid only for the date mentioned at the top Positions should be squared off by the end of the day Only stocks in derivatives segment have been considered for daily trading The writer may have position in the stocks discussed The strategies are based on intra-day volatility, suggesting a two-way approach intra-day Medium to long-term prospects of a stock does not have any bearing on the daily view

MOST IMP: The follow-up and performance review table of the strategies indicates the profit opportunity that was available in the strategies. Individual profits may vary, depending upon the entry and exit price and stop losses.

ICICIdirect.com Technical Desk

ICICI Securities Limited, 1st Floor, Akruti Trade Centre, Road No 7, MIDC Andheri (East), Mumbai 400 093 research@icicidirect.com

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