The document provides the intra-day technical levels for currency futures contracts on various dates. It includes the pivot point, which is a trigger for intra-day buy/sell decisions, and resistance and support levels (R1, R2, R3 and S1, S2, S3). The trader is advised to take a long position above the pivot point and use the pivot as the stop loss, with targets at the resistance levels; and take a short position below the pivot point, using it as the stop loss and targeting the support levels. The intra-day trend is valid until the price trades above or below the pivot point.

1. NSE Currency Intra-day Technical Levels For - 28/02/13
Close * Intra Day Pivot Resistance Support
CURRENCY CONTRACT_D 27/02/13 Trend Point R1 R2 R3 S1 S2 S3
FUTCUREURINR27-MAR-2013 70.8975000 UP 70.8200 71.1200 71.3425 71.8650 70.5975 70.2975 69.7750
FUTCUREURINR26-APR-2013 71.2850000 UP 71.1783 71.4567 71.6283 72.0783 71.0067 70.7283 70.2783
FUTCUREURINR29-MAY-2013 71.4650000 UP 71.3958 71.5892 71.7133 72.0308 71.2717 71.0783 70.7608
FUTCUREURINR26-JUN-2013 71.7500000 DOWN 71.7500 72.0000 72.2500 72.7500 71.5000 71.2500 70.7500
FUTCUREURINR29-JUL-2013 72.2000000 DOWN 72.2000 72.2000 72.2000 72.2000 72.2000 72.2000 72.2000
FUTCUREURINR28-AUG-2013 72.1025000 DOWN 72.1025 72.1025 72.1025 72.1025 72.1025 72.1025 72.1025
FUTCURGBPINR27-MAR-2013 82.0050000 UP 81.8592 82.3183 82.6317 83.4042 81.5458 81.0867 80.3142
FUTCURGBPINR26-APR-2013 82.3825000 UP 82.2067 82.6333 82.8842 83.5617 81.9558 81.5292 80.8517
FUTCURGBPINR29-MAY-2013 82.6000000 UP 82.4667 82.7333 82.8667 83.2667 82.3333 82.0667 81.6667
FUTCURGBPINR26-JUN-2013 82.8700000 UP 82.8433 83.0267 83.1833 83.5233 82.6867 82.5033 82.1633
FUTCURJPYINR27-MAR-2013 59.1100000 UP 59.0067 59.2533 59.3967 59.7867 58.8633 58.6167 58.2267
FUTCURJPYINR26-APR-2013 59.3525000 UP 59.2633 59.5067 59.6608 60.0583 59.1092 58.8658 58.4683
FUTCURJPYINR29-MAY-2013 59.4050000 DOWN 59.4050 59.4050 59.4050 59.4050 59.4050 59.4050 59.4050
FUTCURUSDINR27-MAR-2013 54.1650000 UP 54.1425 54.3825 54.6000 55.0575 53.9250 53.6850 53.2275
FUTCURUSDINR26-APR-2013 54.4900000 UP 54.4683 54.6917 54.8933 55.3183 54.2667 54.0433 53.6183
FUTCURUSDINR29-MAY-2013 54.7750000 UP 54.7417 54.9533 55.1317 55.5217 54.5633 54.3517 53.9617
FUTCURUSDINR26-JUN-2013 55.0475000 UP 55.0108 55.2217 55.3958 55.7808 54.8367 54.6258 54.2408
FUTCURUSDINR29-JUL-2013 55.3300000 UP 55.2800 55.4900 55.6500 56.0200 55.1200 54.9100 54.5400
FUTCURUSDINR28-AUG-2013 55.6000000 UP 55.5458 55.7092 55.8183 56.0908 55.4367 55.2733 55.0008
FUTCURUSDINR26-SEP-2013 55.8500000 UP 55.8217 55.9833 56.1167 56.4117 55.6883 55.5267 55.2317
FUTCURUSDINR29-OCT-2013 55.8900000 DOWN 55.9792 56.0683 56.2467 56.5142 55.8008 55.7117 55.4442
FUTCURUSDINR27-NOV-2013 56.3200000 UP 56.3133 56.3967 56.4733 56.6333 56.2367 56.1533 55.9933
FUTCURUSDINR27-DEC-2013 56.5700000 DOWN 56.5900 56.6800 56.7900 56.9900 56.4800 56.3900 56.1900
FUTCURUSDINR29-JAN-2014 56.9150000 DOWN 56.9550 57.1600 57.4050 57.8550 56.7100 56.5050 56.0550
FUTCURUSDINR26-FEB-2014 57.1075000 UP 57.1025 57.2550 57.4025 57.7025 56.9550 56.8025 56.5025
Sanjay Bhatia (AVP – Technical Research),
Email Id sanjay@keynotecapitals.net
Pivot Point: Intra- Day Trading Tool. - The key to the use of this tool is the use of Stop Loss
Intra Day Trend: It is valid only till the point where Price trades above Pivot Point. For Eg. “UP” would be valid till Price
remains above Pivot Point. It would become “DOWN” in event Price trades below Pivot Point.
Pivot Point (PP): This is a trigger point for Intra Day Buy / Sell based on the price range of the previous day.
R1: Resistance 1: 1st Resistance level over Pivot Point, R2: Resistance 2: Next Resistance level after R1.
R3: Resistance 3: Next Resistance level after R2.
S1: Support 1: 1st Support level after Pivot Point, S2: Support 2: Next Support level after S1.
S3: Support 3: Next Support level after S2.
Note: As per this tool, the trader should take BUY position just above the Pivot Point and keep the Pivot Point level as stop
loss and the first target would be R1 level (Resistance 1). If R1 is crossed then R2 (Resistance 2) becomes the next target
with the stop loss placed at R1 level. If R2 is crossed then R3 (Resistance 3) becomes the next target with the stop loss
placed at R2 level.
Similarly if price goes below the Pivot Point the trader should take a SELL position and keep the Pivot Point level as the
stop loss and the first target would be S1 level (Support 1). If S1 level is breached then S2 level (Support 2) becomes the
next target with the stop loss placed at S1 level. If S2 level is breached then S3 level (Support 3) becomes the next target
with the stop loss placed at S2 level.
Keynote Capitals Ltd.
The Ruby,
9th Floor, Senapati Bapat Marg,
Dadar (W), Mumbai, India – 400028
Tel: 30266000 / 22694322
www.keynotecapitals.com

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The Ruby,
9th Floor, Senapati Bapat Marg,
Dadar (W), Mumbai, India – 400028
Tel: 30266000 / 22694322
www.keynotecapitals.com