1. Daily Technical Outlook
15th October 2012
Indices * Close % Chg. Markets rangbound
BSE SENSEX 18675.18 -0.69
S&P CNX NIFTY 5676.05 -0.56 Mirroring the weak global market cues and disappointing set
NIFTY OCT. FUT. 5686.55 -0.92 of Infosys numbers the domestic markets witnessed a
India VIX 16.49 0.00 subdue opening. However, the markets managed to come off
the lows for the day to move higher and trade with gains.
S&P CNX NIFTY Technical Levels However, lack of follow up buying support and sustained
Level 1 Level 2 Level 3 selling pressure at higher levels saw the markets give away
Support 5630 5607 5526 the gains. The over all trend remained volatile ad choppy.
Resistance 5703 5741 5884 The markets see-sawed during the course of the day unable
to find a secular direction. The markets ended the day with
Simple Moving Averages S&P CNX NIFTY modest losses to close near the lows for the day. The top
50 Day SMA 5460.62 losers for the day were Infosys Tech; Bharti Airtel, BHEL,
100 Day SMA 5290.02 IDFC, Wipro, Hero Motocorp, BoB; Kotak Bank, Axis Bank
200 Day SMA 5232.19 ◄Positive and DLF.
Market Breadth * BSE NSE Technically, the market breadth remained weak, amidst
Advances 1369 654 lower volumes. The prevailing technical negatives
Declines 1517 844 continued to weigh on the market sentiment leading to
Same 134 77 selling pressure higher levels. The Stochastic, RSI, KST
Total 3020 1575 and MACD are still placed below their respective
A/D Ratio 0.90 : 1 0.77 : 1
averages. Moreover, the Stochastic is placed in the over
bought zone. These technical negatives would lead to
Volume (Lacs Shares) * profit taking and selling pressure. However, a few
12/10/12 11/10/12 % Chg. technical positives continue to hold good and would lead
BSE 2666 2681 -0.56
to buying support at lower levels. The KST and the
MACD are still placed in the positive territory, which
NSE 8098 8551 -5.30
augurs well for the markets. Moreover, the Nifty remains
Total 10764 11232 -4.17
placed above its 50-day SMA, 100-day SMA and 200-day
Turnover ( ` Crores) * SMA. More so the Nifty’s 50-day SMA remains placed
12/10/12 11/10/12 % Chg.
above Nifty’s 100-day SMA and 200-day SMA, the later
being called the ‘Golden Cross breakout’. These positive
BSE 2742.56 2479.38 10.61
conditions would lead to buying support at lower levels.
NSE 12527.28 12677.27 -1.18
The ADX line and –DI line are moving lower, indicating
NSE F&O 144471.13 138733.32 4.14 sellers are covering shorts regularly. The market
Total 159740.97 153889.97 3.80 sentiment remains tentative and cautious as market
struggles to find secular direction. In the meanwhile the
F&O Contracts Traded (NSE) *
markets would take cues from earnings season, global
% Chg.
12/10/12 11/10/12
markets, Rupee and the crude prices. The support levels
Index Fut. 365862 411920 -11.18 for Nifty are placed at 5630, 5607, 5526, and 5448. The Nifty
Stock Fut. 607459 580058 4.72 faces resistance at 5703, 5741, 5884, 5912 and 5945 levels.
Index Opt. 3305625 3364724 -1.76
Stock Opt. 678276 463901 46.21
Total 4957222 4820603 3.22
NOTE - * - Source – BSE & NSE
Sanjay Bhatia (AVP – Technical Research), Email sanjay@keynotecapitals.net Yahoo Id: keytechnicals@yahoo.in
Keynote Capitals Ltd.
The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai, India – 400028. Tel: 3026 6000 / 2269 4322
www.keynotecapitals.com

2. Jaldi 5 (Short Term Technical Ideas for 5 Trading Days)
Stop
Initiation Stop Loss Target
Stock Close Action Price Loss * (%) Target (%) Remarks
ACC 1498.05 Buy Above 1501 1476 1.67 1550 3.26
Century Textiles 390.90 Buy Above 396 382 3.54 428 8.08
HCL Tech 581.65 Buy Above 583 573 1.72 605 3.77
* Stop Losses are to be considered strictly on closing basis.
Intra-day Resistance Intra-day Support
Indices Close Pivot Point R1 R2 R3 S1 S2 S3
BSE SENSEX 18675 18719 18800 18925 19131 18594 18513 18307
S&P CNX NIFTY 5676 5687 5714 5752 5818 5649 5621 5556
NIFTY OCT. FUT. 5687 5702 5727 5767 5832 5662 5638 5573
Stocks To Watch Out Today
ACC, Ambuja Cements, Aurobindo Pharma, Bata, Bhushan Steel, Century Textiles, Crompton Greaves, Dabur, Federal Bank,
HCL Tech; HDFC Bank, HUL, ITC, JP Associates, JP Power, JSW Steel, Jubilant Food, Karnatak Bank, Rel. Power, Tata
Chem; Tata Global, Tata Power, Titan
Bharat Forge, Exide, ICICI Bank, Kotak Bank, LIC Hsg; Raymond, Sun Pharma, Wipro
Keynote Capitals Ltd.
The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai, India – 400028. Tel: 3026 6000 / 2269 4322
www.keynotecapitals.com

3. NOTE:
TECHNICAL ANALYSIS ABBREVATIONS
SMA – Simple Moving Average
EMA – Exponential Moving Average
WMA – Weighted Moving Average
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