Day Trading Guide 27 January 2021

Pivot Point Indicators - (Equity)

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Scrip Name Close R2 R1 PP S1 S2 Scrip Name Close R2 R1 PP S1 S2

NIFTY 14239 14693 14485 14316 14148 13940 CUB 174 183 178 174 169 164

BANKNIFTY 31198 32248 31726 31303 30881 30358 COALINDIA 132 139 136 133 130 126

CNXIT 26023 27277 26685 26207 25729 25137 COLPAL 1524 1587 1551 1521 1491 1455

ACC 1663 1776 1724 1682 1640 1589 CONCOR 421 455 435 418 401 381

AUBANK 885 919 902 889 875 858 COROMANDEL 840 859 848 839 830 819

ADANIPORTS 524 566 547 531 515 496 CROMPTON 412 472 442 418 394 364

ADANIPOWER 51 56 54 52 50 47 CUMMINSIND 611 641 625 612 598 582

ABCAPITAL 84 90 88 85 83 80 DLF 270 290 280 271 263 253

ABFRL 164 182 173 166 159 151 DABUR 533 555 543 533 523 510

AJANTPHARM 1759 1882 1809 1751 1693 1621 DALBHARAT 1150 1213 1182 1157 1131 1100

ALKEM 3110 3351 3194 3068 2941 2784 DIVISLAB 3569 3696 3613 3547 3480 3398

AMARAJABAT 971 1028 996 970 944 912 DRREDDY 5082 5290 5161 5057 4953 4824

AMBUJACEM 257 272 264 259 253 246 EDELWEISS 65 73 69 66 63 59

APOLLOHOSP 2687 2803 2729 2669 2609 2534 EICHERMOT 2870 3164 3027 2917 2806 2670

APOLLOTYRE 211 262 239 220 201 178 EMAMILTD 485 511 498 487 477 464

ASHOKLEY 117 130 124 120 115 109 ENDURANCE 1391 1446 1418 1395 1372 1343

ASIANPAINT 2514 2729 2629 2549 2468 2368 ENGINERSIN 74 75 74 74 73 72

AUROPHARMA 999 1111 1041 985 928 858 ESCORTS 1226 1370 1303 1250 1196 1130

DMART 2837 3048 2945 2861 2777 2674 EXIDEIND 200 216 207 200 192 183

AXISBANK 658 695 673 655 638 616 FEDERALBNK 71 78 75 72 70 67

BAJAJ-AUTO 4169 4354 4239 4146 4054 3939 FORTIS 172 190 179 171 162 152

BAJFINANCE 4909 5365 5156 4987 4819 4610 FCONSUMER 8 10 9 9 8 8

BAJAJFINSV 9199 9574 9372 9208 9044 8842 FRETAIL 81 95 89 84 78 72

BAJAJHLDNG 3300 3389 3339 3298 3257 3207 GAIL 133 141 137 134 131 128

BALKRISIND 1680 1784 1724 1675 1626 1566 GMRINFRA 26 27 27 26 25 24

BANDHANBNK 310 336 322 310 299 285 GICRE 134 141 138 135 132 129

BANKBARODA 74 81 77 73 70 66 GLENMARK 491 518 503 492 480 466

BANKINDIA 50 54 52 51 49 48 GODREJAGRO 545 575 557 544 530 513

BATAINDIA 1559 1656 1603 1560 1517 1463 GODREJCP 779 828 806 787 769 746

BERGEPAINT 748 813 781 755 729 697 GODREJIND 438 460 448 438 428 416

BEL 131 140 135 131 128 123 GODREJPROP 1327 1427 1377 1336 1295 1245

BHARATFORG 609 667 638 614 590 560 GRAPHITE 301 328 316 305 295 282

BHEL 36 40 38 37 35 34 GRASIM 1070 1202 1127 1067 1007 932

BPCL 387 417 403 392 380 367 GSPL 198 211 205 199 194 187

BHARTIARTL 581 605 591 579 568 554 HEG 930 1009 972 942 913 876

BIOCON 383 408 395 385 375 362 HCLTECH 948 1039 996 962 927 884

BBTC 1233 1283 1258 1238 1219 1194 HDFCAMC 2953 3268 3120 2999 2879 2730

BOSCHLTD 15876 16713 16177 15743 15310 14773 HDFCBANK 1463 1502 1482 1466 1450 1431

BRITANNIA 3614 3698 3649 3610 3571 3522 HDFCLIFE 680 729 703 682 661 635

CESC 628 710 672 642 612 575 HAVELLS 1122 1200 1158 1125 1091 1049

CADILAHC 467 491 477 466 454 440 HEROMOTOCO 3475 3676 3552 3451 3350 3225

CANBK 134 144 139 135 131 126 HINDALCO 240 254 246 239 233 225

CASTROLIND 128 133 130 128 125 122 HINDPETRO 220 233 227 222 217 211

CHOLAFIN 421 475 449 429 408 383 ZEEL 224 235 227 221 215 207

CIPLA 837 901 864 834 804 767 HINDUNILVR 2400 2471 2435 2406 2376 2340

PP – Pivot Point, R1 – Resistance1, S1 – Support, R2 – Resistance2, S2 – Support2: How to trade Pivot points: If the stock opens above PP then go Long and Keep

S1 as the stop loss for a possible target of R1/R2. If the stock opens below PP then go short and Keep R1 as the stop loss for a possible target of S1/S2.

Day Trading Guide 27 January 2021

PP – Pivot Point, R1 – Resistance1, S1 – Support, R2 – Resistance2, S2 – Support2: How to trade Pivot points: If the stock opens above PP then go Long and Keep

S1 as the stop loss for a possible target of R1/R2. If the stock opens below PP then go short and Keep R1 as the stop loss for a possible target of S1/S2.

Scrip Name Close R2 R1 PP S1 S2 Scrip Name Close R2 R1 PP S1 S2

HINDZINC 268 293 281 271 261 249 NBCC 31 33 32 31 30 29

HUDCO 42 45 44 43 41 40 NHPC 24 25 24 24 23 23

HDFC 2551 2764 2667 2588 2510 2413 NMDC 110 118 114 110 107 103

ICICIBANK 538 553 544 537 530 522 NTPC 93 97 95 94 92 90

ICICIGI 1438 1512 1465 1428 1391 1344 NATIONALUM 46 49 48 46 45 44

ICICIPRULI 502 525 513 504 494 483 NESTLEIND 17415 18098 17739 17448 17158 16799

IDBI 27 29 28 27 26 25 NAM-INDIA 314 351 333 318 302 284

IDFCFIRSTB 48 53 51 49 47 44 OBEROIRLTY 551 643 600 566 531 489

ITC 208 217 213 209 206 201 ONGC 91 97 94 92 89 87

IBULHSGFIN 201 231 217 206 195 182 OIL 111 116 113 111 108 105

INDIANB 90 97 93 91 88 84 OFSS 3316 3426 3362 3311 3260 3196

INDHOTEL 124 129 126 123 121 118 PIIND 2130 2258 2181 2119 2056 1979

IOC 93 101 97 95 92 89 PNBHOUSING 361 388 375 364 353 340

IGL 536 562 546 534 521 506 PAGEIND 29279 30561 29924 29408 28893 28256

INDUSINDBK 849 968 912 867 822 766 PETRONET 242 254 246 240 234 226

NAUKRI 4986 5791 5427 5133 4839 4475 PFIZER 4721 4974 4840 4732 4624 4490

INFY 1325 1377 1350 1329 1307 1280 PIDILITIND 1766 1814 1786 1762 1739 1711

INDIGO 1588 1730 1664 1610 1556 1490 PEL 1468 1598 1535 1485 1434 1372

IPCALAB 1982 2107 2047 1999 1951 1892 PFC 114 121 117 115 112 109

JSWENERGY 73 78 75 73 71 68 POWERGRID 190 202 197 192 188 182

JSWSTEEL 382 415 397 383 368 350 PRESTIGE 279 290 283 278 272 266

JINDALSTEL 280 311 294 280 266 248 PGHH 11274 11614 11423 11268 11113 10922

JUBLFOOD 2720 2854 2783 2725 2667 2595 PNB 34 36 35 34 33 32

JUBILANT 888 1006 950 904 859 803 QUESS 538 584 562 545 527 506

KOTAKBANK 1794 1940 1869 1812 1755 1685 RBLBANK 223 257 240 227 213 197

L&TFH 90 100 96 92 88 83 RECLTD 138 147 143 139 136 131

LTTS 2349 2606 2477 2373 2269 2140 RAJESHEXPO 479 496 488 481 474 466

LICHSGFIN 416 447 433 421 409 394 RELIANCE 1941 2112 2033 1969 1906 1827

LTI 3894 4094 3998 3920 3842 3746 SBILIFE 863 907 885 866 848 825

LT 1361 1442 1400 1367 1333 1291 SRF 5387 5776 5559 5384 5208 4991

LUPIN 1082 1154 1112 1078 1045 1003 SHREECEM 23256 24718 24038 23489 22939 22260

MRF 89638 97368 93797 90908 88019 84447 SRTRANSFIN 1201 1324 1265 1218 1170 1112

MGL 1052 1114 1074 1042 1010 971 SIEMENS 1671 1775 1718 1671 1625 1567

M&MFIN 178 193 186 180 174 166 SBIN 281 297 289 282 275 267

M&M 795 837 815 797 780 758 SAIL 58 63 61 58 56 53

MANAPPURAM 160 170 165 161 157 152 SUNPHARMA 586 620 599 582 566 545

MRPL 37 41 39 38 36 35 SUNTV 492 542 518 498 479 455

MARICO 410 437 424 414 403 390 SYNGENE 586 614 598 585 572 557

MARUTI 7982 8329 8165 8032 7899 7736 TVSMOTOR 543 576 554 537 519 497

MFSL 698 737 714 696 678 656 TCS 3291 3388 3341 3303 3265 3219

MINDTREE 1741 1869 1809 1761 1712 1652 TATACOMM 1031 1078 1054 1034 1015 990

MOTHERSUMI 153 166 159 154 149 142 TATAMTRDVR 110 124 117 112 106 99

MPHASIS 1591 1692 1632 1584 1536 1477 TATAMOTORS 279 316 299 285 272 255

MUTHOOTFIN 1174 1247 1209 1178 1147 1109 TATAPOWER 79 89 84 80 77 72

NATCOPHARM 894 939 916 897 879 856 TATASTEEL 652 691 667 648 629 606

Day Trading Guide 27 January 2021

TECHM 972 1027 999 977 955 928 VARROC 421 446 435 425 416 404

NIACL 128 141 135 129 124 118 VBL 893 942 918 898 879 855

RAMCOCEM 786 848 819 795 770 741 VEDL 165 172 168 165 162 158

TITAN 1500 1544 1518 1497 1476 1450 IDEA 12 14 13 12 11 10

UPL 588 619 599 583 567 547 VOLTAS 941 1003 967 938 909 873

ULTRACEMCO 5368 6207 5821 5509 5197 4811 WHIRLPOOL 2670 2833 2741 2667 2593 2501

UNIONBANK 30 33 32 31 30 29 WIPRO 437 463 451 441 431 419

UBL 1249 1302 1271 1245 1220 1188 YESBANK 16 18 17 17 16 15

MCDOWELL-N 635 675 649 629 608 582 ZEEL 224 235 227 221 215 207

VGUARD 235 261 244 230 216 199

PP – Pivot Point, R1 – Resistance1, S1 – Support, R2 – Resistance2, S2 – Support2: How to trade Pivot points: If the stock opens above PP then go Long and Keep

S1 as the stop loss for a possible target of R1/R2. If the stock opens below PP then go short and Keep R1 as the stop loss for a possible target of S1/S2.

Day Trading Guide 27 January 2021

SSL Research Centre

S. Devarajan Head – Research

(Technical & Derivatives) s.devarajan@shcilservices.com 022-61778621

Gauri Hanmantgad Research Associate gauri.hanmantgad@shcilservices.com 022-61778600

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2021-01-27T08:32:21+0530Devarajan Sadasivam