1. Daily Technical Outlook
12th November 2012
Indices * Close % Chg. Markets reel under pressure
BSE SENSEX 18683.68 -0.86
S&P CNX NIFTY 5686.25 -0.91 Mirroring the weak global market cues, the domestic markets
NIFTY NOV. FUT. 5720.60 -0.77 witnessed a subdue opening. Sustained selling pressure was
India VIX 14.37 1.05 witnessed as markets drifted lower. The markets failed to
show any resilience against selling pressure as buying
S&P CNX NIFTY Technical Levels support remained weak. The markets ended the day with
Level 1 Level 2 Level 3 modest losses to close near the lows for the day. The top
Support 5665 5554 5447 losers for the day were SBI, Tata Steel, ONGC, IDFC, Sesa
Resistance 5747 5816 5885 Goa, BHEL, Ambuaj Cements, Siemens, NTPC and JP
Associates.
Simple Moving Averages S&P CNX NIFTY
50 Day SMA 5593.93 Technically, the market breadth remained negative,
100 Day SMA 5422.77 amidst higher volumes, which is a negative sign for the
200 Day SMA 5311.20 ◄Positive markets. The prevailing negative technical conditions
continued to put pressure on the bourses. These
Market Breadth * BSE NSE conditions still hold good. The RSI has slipped below its
Advances 1122 340 average. Moreover, the Stochastic and KST is already
Declines 1733 812 slipped below their respective averages. All these
Same 123 43 negative conditions are likely to lead to further selling
Total 2978 1195 pressure. However, prevailing technical positives also
A/D Ratio 0.65 : 1 0.42 : 1
hold good and would help in supporting the markets at
lower levels. The MACD is placed above its average and
Volume (Lacs Shares) * has also moved in the positive territory. Moreover, the
09/11/12 08/11/12 % Chg. KST is still placed in the positive territory, which augurs
BSE 2849 2563 11.16
well for the markets. The Nifty remains placed above its
50-day SMA, 100-day SMA and 200-day SMA. More so the
NSE 6762 6838 -1.12
Nifty’s 50-day SMA remains placed above Nifty’s 100-day
Total 9611 9401 2.23
SMA and 200-day SMA, the later being called the ‘Golden
Turnover ( ` Crores) * Cross breakout’. These positive conditions would lead to
09/11/12 08/11/12 % Chg.
regular bouts of short covering and buying support. The
ADX line, +DI line and –DI line are moving sideways,
BSE 2475.58 2606.97 -5.04
indicating a range bound trend. The market sentiment
NSE 10888.54 11132.51 -2.19
remains cautious. The Nifty has closed below the 5747
NSE F&O 132293.41 112092.67 18.02 level for the second day in row. Now, it is important that
Total 145657.53 125832.15 15.76 the Nifty moves and sustains above the 5747 level for
buying support to emerge. In the meanwhile the markets
F&O Contracts Traded (NSE) *
would take cues from the global markets, earnings
% Chg.
09/11/12 08/11/12
season, Rupee and the crude prices. The support levels for
Index Fut. 341381 286665 19.09 Nifty are placed at 5665, 5554 and 5447 The Nifty faces
Stock Fut. 594435 559475 6.25 resistance at 5747, 5816, 5885, 5910 and 5945 levels.
Index Opt. 3173347 2679873 18.41
Stock Opt. 523969 358474 46.17
Total 4633132 3884487 16.96
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
Apollo Tyre Fut 80.65 Sell Below 80.40 82.50 2.61 76 5.47
Dabur Fut 128.75 Sell Below 128.00 130.25 1.76 123 3.91
Colgate 1327.55 Buy Above 1331.00 1311.00 1.50 1375.00 3.31
* 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 18684 18745 18833 18983 19221 18595 18507 18269
S&P CNX NIFTY 5686 5705 5733 5779 5853 5659 5631 5557
NIFTY NOV. FUT. 5721 5735 5768 5815 5894 5688 5656 5576
Stocks To Watch Out Today
Colgate, FT, Havells, HDFC, HDFC bank, IB realestate, IDFC, Indusinfd bank, Tata Global, Yes Bank
Aban offshore, Apollo Tyre, BPCL, Dabur, GAIL, GMR Infra, Godrej Inds; GVK, India Cement, JSW Energy, L&T, ONGC,
Petronet, PFC, PTC, ranbaxy, Rel. Capital, Reliance, Rel. Power, SBI, Siemens, Tata Communication, Tata Power, Tata
Steel, Tech Mahindra
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
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.
The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai, India – 400028. Tel: 3026 6000 / 2269 4322
www.keynotecapitals.com