1. Daily Technical Outlook
2nd July 2012
Indices * Close % Chg.
BSE SENSEX 17429.98 2.59
Markets breakout… Follow up buying needed
S&P CNX NIFTY 5278.90 2.52
The domestic markets witnessed a firm opening. Buying
NIFTY JULY FUT. 5297.35 2.75
support was witnessed in the opening trade which also led to
India VIX 19.08 -7.46 short covering. However, the over all trend continued to
S&P CNX NIFTY Technical Levels remain range bound, while the volume recorded remained on
the lower side. The markets managed to hold on to the gains
Level 1 Level 2 Level 3
and showed no signs of weakness. The markets ended the
Support 5250 5114 5077
day with handsome gains to close near the highs for the day.
Resistance 5333 5379 5500 The top gainers for the day were Jindal Steel, BHEL, Tata
Moving Averages S&P CNX NIFTY Power, Maruti, Sterlite, Rel. Infra, ICICI Bank, L&T, Hindalco
50 Day SMA 5045.67
and HCL Tech.
100 Day SMA 5191.31 Technically, the market breadth remained robust amidst
200 Day SMA 5077.68 ◄Critical higher volumes, which is a positive sign for the markets.
The global market cues are positive. The domestic
Market Breadth * BSE NSE
markets are likely to witness a firm opening. The
Advances 1864 1117
prevailing technical positives have helped the markets
Declines 988 393 witness a breakout. The Stochastic and MACD have
Same 130 56 moved above their respective averages. Moreover, the
Total 2982 1566 RSI and KST are already placed above their respective
A/D Ratio 1.89 : 1 2.84 : 1 averages. The MACD and KST are also placed in the
positive territory, which augurs well for the markets. The
Volume (Lacs Shares) * Nifty has moved above its 100-day SMA, while it is
29/06/12 28/06/12 % Chg. already placed above the 50-day SMA and 200-day SMA.
BSE 2845 1966 44.71 The +DI line has moved above the 30 level indicating
NSE 7971 7070 12.74 buyers are gaining strength. These positive conditions
Total 10816 9036 19.70 would lead to further buying support. The only technical
negative which would weigh on the market sentiment
Turnover ( ` Crores) * remains the Nifty’s 50-day SMA being placed below its
29/06/12 28/06/12 % Chg. 100-day SMA and 200-day SMA. These negative
BSE 3948.92 4307.29 -8.32 conditions would result in regular bouts of profit taking.
NSE 13143.73 11322.10 16.09
The market sentiment has turned positive. However, it is
now important that the markets witness follow up buying
NSE F&O 102978.12 213032.69 -51.66
support at higher levels for the Nifty to move further and
Total 120070.77 228662.08 -47.49
test the 5379 level. Intermediate bouts of volatility would
F&O Contracts Traded (NSE) * be witnessed. In the meanwhile the markets would take
29/06/12 28/06/12 % Chg.
cues from Rupee, global markets and the crude prices.
The support levels for Nifty are placed at 5250, 5114, 5075,
Index Fut. 511655 754804 -32.21
4950, 4841 and 4777. The Nifty faces resistance at the
Stock Fut. 518570 1130276 -54.12
5333, 5379 and 5500 levels.
Index Opt. 2752440 6198392 -55.59
Stock Opt. 143786 256083 -43.85
Total 3926451 8339555 -42.67
NOTE - *- Source – BSE & NSE
Sanjay Bhatia (AVP – Technical Research), Email sanjay@keynotecapitals.net Yahoo Id: keytechnicals@yahoo.in
Keynote Capitals Ltd.
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The Ruby, 9 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
TGT of 380
Achieved
given Buy @
355 on
APIL 391.35 Buy Above 394.00 382 3.05 420 6.60 28/06/12
Cipla 316.55 Buy Above 318.00 312 1.89 331 4.09
TGT of 1198
Achieved
given Buy @
1157 on
Colgate 1197.25 Buy Above 1206.00 1185 1.74 1252 3.81 28/06/12
* 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 17430 17338 17541 17652 17965 17227 17024 16710
S&P CNX NIFTY 5279 5251 5314 5349 5446 5217 5154 5057
NIFTY JULY FUT. 5297 5274 5333 5369 5463 5239 5180 5085
Keynote Capitals Ltd.
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The Ruby, 9 Floor, Senapati Bapat Marg, Dadar (W), Mumbai, India – 400028. Tel: 3026 6000 / 2269 4322
www.keynotecapitals.com

3. Stocks to watch out today
Aban, ACC, Balrampur Chini, BoB, BHEl, Bombay Dying, Century Textiles, Divis Labs, Dr. Reddys, GMR Infra, Godrej Inds;
HDFC, HDFC Bank, Hero Motocorp, ICICI Bank, ITC, Jindal Steel, Kotak Bank, L&T, Lupin, M&M, Maruti, NCC, NTPC,
ONGC, Powergrid, PTC, SCI, Siemens, Sun Pharma, Tata Power, Tata Steel, TCS, VIP, ZEEL
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