1. Daily Technical Outlook
14th December 2012
Indices * Close % Chg. Markets crack…
BSE SENSEX 19229.26 -0.65
S&P CNX NIFTY 5851.50 -0.62
Mirroring the positive global market cues the domestic
markets witnessed a positive opening. However, the over all
NIFTY DEC. FUT. 5876.45 -0.87
trend remained weak. The markets continued to struggle
India VIX 14.71 1.37
higher and moved lower on back of sustained selling
S&P CNX NIFTY Technical Levels pressure. The markets failed to show any resilience against
Level 1 Level 2 Level 3 the selling pressure and breached the 5885 support level.
Support 5816 5747 5665
The markets ended the day with moderate losses to close
near the lows for the day. The Nifty closed below the 5900
Resistance 5885 5945 6135
level. The top losers for the day were ITC, Sesa Goa, BHEL,
Simple Moving Averages S&P CNX NIFTY Hindalco, JP Associates, Rel. Infra, NTPC, IDFC, Tata Steel
50 Day SMA 5722.00 ◄Positive and Cipla.
100 Day SMA 5541.04
Technically, the market breadth remained negative
200 Day SMA 5354.25 amidst higher volumes, which is a negative sign for the
Market Breadth * BSE NSE
markets. The prevailing technical negatives continued to
weigh on the market sentiment as the Nifty breached the
Advances 1106 444
5885 support level. The Nifty has formed a negative
Declines 1834 1097
divergence pattern on the daily charts, which does not
Same 120 47 augur well for the markets. Moreover, the KST has
Total 3060 1588 slipped below its average. Moreover, the RSI and
A/D Ratio 0.60 : 1 0.41 : 1 Stochastic are already placed below their respective
averages. These negative technical conditions would
Volume (Lacs Shares) * lead to further selling pressure. However, the prevailing
123/12/12 12/12/12 % Chg. technical positive conditions still hold good. The MACD
BSE N.A. 2537 - is still placed above its average. Moreover, the MACD
NSE 7979 7262 9.86 and KST are placed in the positive territory. The Nifty
Total 7979 9799 - remains placed above its 50-day SMA, 100-day SMA and
200-day SMA. More so the Nifty’s 50-day SMA remains
Turnover ( ` Crores) * placed above Nifty’s 100-day SMA and 200-day SMA, the
13/12/12 12/12/12 % Chg. later being called the ‘Golden Cross breakout’. These
BSE N.A. 2825.03 - positive conditions would lead to buying support at
NSE 13984.94 13911.07 0.53 lower levels. The market sentiment has turned negative
NSE F&O 135700.88 127293.71 6.60 and markets are ripe for correction and are likely to test
Total 149685.82 144029.81 -
the 5800-5750 level in the near future. The Nifty
continues to struggle at higher levels. Now, it is
F&O Contracts Traded (NSE) * important that the Nifty witnesses buying support at
13/12/12 12/12/12 % Chg. regular intervals for the Nifty to move and sustain above
Index Fut. 323425 320671 0.86
the 5885 level. In the meanwhile the markets would take
cues from the on going parliament session, global
Stock Fut. 600739 549030 9.42
markets, Rupee and the crude prices. The support levels
Index Opt. 3273563 3133157 4.48
for Nifty are placed at 5816, 5747 and 5665. The Nifty faces
Stock Opt. 334007 262997 27.00 resistance at 5885, 5945, 6135 and 6313 levels.
Total 4531734 4265855 4.96
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
Stock Close Action Price Loss * (%) Target Target (%) Remarks
Ambuja Cem. Fut 207.25 Sell Below 207.00 -100.00 200.00 3.38
Canara Bank Fut 465.00 Sell Below 463.00 -100.00 449.00 3.02
TGT of
2075
Achieved
given Buy
@ 2010 on
L&T Fut 1634.20 Sell Below 1633.00 -100.00 1560.00 4.47 12/12/12
TGT of
1630
Achieved
given Buy
@ 1656 on
Bajaj Auto 2083.65 Buy Above 2085.00 100.00 2150.00 3.12 13/12/12
* 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 19229 19283 19368 19508 19733 19143 19058 18833
S&P CNX NIFTY 5852 5867 5892 5933 5999 5826 5801 5735
NIFTY DEC. FUT. 5876 5894 5922 5967 6041 5848 5820 5746
Keynote Capitals Ltd.
The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai, India – 400028. Tel: 3026 6000 / 2269 4322
www.keynotecapitals.com

3. Stocks To Watch Out Today
Bajaj Auto, Bajaj Holdings, Jet Airways, Jubilant Foods, Lupin, OFSS, SREI Infra, Tata Motors, Tech Mahindra
ACC, Ambuja Cement, Aurobindo Pharma, Balrampur Chini, BHEL, Cairn India, Canara Bank, Century Textiles, Cipla, Coal
India, Crompton Greaves, Divis Labs, DLF, Dr. Reddys, Escorts, Essar Oil, Exide, Federal Bank, FT, Godrej Inds, Grasim,
GSPL, Guj Flourochem; GCVK, Havells, HCC< HDFC, HDFC Bank, HDIL, Hexaware, Hindalco, HOECL, HPCL, HUL, Hind.
Zinc, IDBI, IDFC, IFCI, IGL., India Cement, Indusind Bank, Infosys Tech; IOC, IRB, ITC, IVRCL, Jp Assocaites, JP Power,
JSW Energy, JSW Ispat, JSW Steel, Kotak Bank, Karnataka Bank, LITL, L&T, McLeod Russel, NTPC, ONGC, OBC, PNB,
Praj, PTC, Punj Lloyd, Ranbaxy, RCOM, Rel. Infra, Rolta, Rpower, SAIL, SBI, SCI, Sesa Goa, Sintex, Sterlite, Tata Chem;
Tata Comm; Tata Global, Tata Power, Tata Steel, Titan, TTK Prestige, UCO Bank, Unitech, United Spirits, Vijaya Bank,
Voltas, Wipro, Yes Bank
NOTE:
TECHNICAL ANALYSIS ABBREVATIONS
SMA – Simple Moving Average
EMA – Exponential Moving Average
WMA – Weighted Moving Average
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