1. Daily Commodity Outlook
10th October 2011
MCX GOLD (DEC 11) - Gold opened higher at 26275. It remained
Gold Silver Crude
(5 Dec-11) (5 Dec-11) (19 Oct-11) range bound during the day. It touched intra-day high of 26378 and
intra-day low of 26255.
Open 26,275 52,001 4,046
High 26,378 52,450 4,076 The RSI remains placed above its average. Moreover, the Stochastic
Low 26,255 51,913 4,035 has moved above its average. Both these conditions would lead to ,
which would lead to buying support. The ADX, +DI line and –DI line
Close 26,350 52,297 4,071
are moving sideways. The –DI line remains placed above the 30
Prev. Close 26,219 51,901 4,035 level has come below the 30 level, indicating sellers are losing upper
% Change 0.50% 0.76% 0.89% hand. MCX GOLD faces resistance at 27964, 28235, 28525, 28744
levels, while the supports are placed at 25360, 24992 and 23176
Source – MCX
levels.
Volume (In 000's) MCX SILVER (DEC 11) - Silver opened higher at 52001. It touched
8/10/2011 7/10/2011 % Chg. intra-day low level of 51913 and intra-day high of 52450 before
closing the day with moderate gains of 52297.
Gold (grms) 2,071.0 44,968.0 -95.39%
Silver (kgs) 67.2 2,496.6 -97.31% The RSI is placed above its average along with the Stochastic. Both
these conditions would lead to regular bouts of buying support.
Crude (bbl) 418.7 19,688.8 -97.87%
However, the Stochastic is placed in the over bought zone and would
Source – MCX lead to profit taking. The –DI line remains placed at 35.50 indicating
sellers have an upper hand. MCX Silver faces resistance at 52365,
Turnover (In Lacs) 54377, 56981 and 61708 levels, while the supports are placed at
49828, 45824 and 42708 levels.
8/10/2011 7/10/2011 % Chg.
Gold 54,507.1 1,189,989.7 -95.42% MCX CRUDE (OCT 11) - Crude opened higher at 4069 level.
Silver 35,121.9 1,326,085.4 -97.35% Incidentally this was also low for the day. It moved higher to touch an
intra-day high of 4074. It ended the day at 4038 to close with
Crude 17,025.7 800,164.0 -97.87% handsome gains.
Source – MCX
The RSI is placed above its average. Moreso, the Stochastic is also
Global Market (Nymex - $) placed above its average. Both these conditions would lead to buying
support. However, the Stochastic is placed in the over bought zone
10/10/2011 8/10/2011 % Chg.
and would lead to profit taking. At higher levels. The ADX, +DI line
Gold (oz) 1,645.60 1,634.50 0.68% and –DI line are moving sideways. It faces resistance at 4129, 4262
and 4301 levels, while the supports are placed at 4038, 3916 and
Silver (oz) 31.15 30.95 0.65%
3794 levels.
Crude (bbl) 83.62 82.98 0.77%
Dollar Index 78.40 78.75 -0.44%
Source – www.cmegroup.com
Intra-day Resistance Intra-day Support
Commodities Close Pivot Point R1 R2 R3 S1 S2 S3
CRUDE OCT 11 4071 4061 4086 4102 4143 4045 4020 3979
GOLD DEC 11 26350 26328 26400 26451 26574 26277 26205 26082
SILVER DEC 11 52297 52220 52527 52757 53294 51990 51683 51146
Keynote Capitals Ltd.
th
4 Floor, Balmer Lawrie Bldg., 5, J. N. Heredia Marg, Ballard Estate, Fort, Mumbai, India – 400001. Tel: 3026 6000 / 2269 4322
www.keynotecapitals.com

2. US Economic Calendar:
Friday Tuesday Wednesday Thursday Friday
Oct. 07 Oct. 11 Oct. 12 Oct. 13 Oct. 14
MBA Purchase
Employment Situation FOMC Minutes International Trade Retail Sales Data
Applications
NFIB Small Business
Consumer Credit 10-Yr Note Auction Jobless Claims Consumer Sentiment
Optimism Index
4-Week Bill EIA Petroleum Status
Wholesale Trade Business Inventories
Announcement Report
Monster Employment Import and Export
3-Yr Note Auction Treasury Budget
Index Prices
Keynote Capitals Ltd.
th
4 Floor, Balmer Lawrie Bldg., 5, J. N. Heredia Marg, Ballard Estate, Fort, Mumbai, India – 400001. Tel: 3026 6000 / 2269 4322
www.keynotecapitals.com

3. Disclaimer
This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or
redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions.
This material is for the personal information of the authorized recipient, and we are not soliciting any action based upon it. This report is
not to be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or
solicitation would be illegal. It is for the general information of clients of Keynote Capitals Ltd. It does not constitute a personal
recommendation or take into account the particular investment objectives, financial situations, or needs of individual clients.
We have reviewed the report, and in so far as it includes current or historical information, it is believed to be reliable though its accuracy
or completeness cannot be guaranteed. Neither Keynote Capitals Ltd., nor any person connected with it, accepts any liability arising
from the use of this document. The recipients of this material should rely on their own investigations and take their own professional
advice. Price and value of the investments referred to in this material may go up or down. Past performance is not a guide for future
performance. Certain transactions -including those involving futures, options and other derivatives as well as non-investment grade
securities - involve substantial risk and are not suitable for all investors. Reports based on technical analysis centers on studying charts
of a stock’s price movement and trading volume, as opposed to focusing on a company’s fundamentals and as such, may not match
with a report on a company’s fundamentals.
Opinions expressed are our current opinions as of the date appearing on this material only. While we endeavor to update on a
reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from
doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to
change without notice. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the
recommendations expressed herein.
We and our affiliates, officers, directors, and employees world wide may: (a) from time to time, have long or short positions in, and buy
or sell the securities thereof, of company (ies) mentioned herein or (b) be engaged in any other transaction involving such securities and
earn brokerage or other compensation or act as a market maker in the financial instruments of the company (ies) discussed herein or
act as advisor or lender / borrower to such company (ies) or have other potential conflict of interest with respect to any recommendation
and related information and opinions.
The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the
subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly
related to specific recommendations or views expressed in this report.
No part of this material may be duplicated in any form and/or redistributed without Keynote Capitals Ltd’s., prior written consent.
Keynote Capitals Ltd.
th
4 Floor, Balmer Lawrie Bldg., 5, J. N. Heredia Marg, Ballard Estate, Fort, Mumbai, India – 400001. Tel: 3026 6000 / 2269 4322
www.keynotecapitals.com