1. Daily Technical Outlook
15th November 2012
Indices * Close % Chg. Markets stuck in a range
BSE SENSEX 18618.87 -0.28
S&P CNX NIFTY 5666.95 -0.29 The markets remained range bound during this truncated
NIFTY NOV. FUT. 5680.70 -0.53 trading session. It ended the day with marginal losses to
India VIX 14.91 0.33 close near the lows for the day. The top losers for the day
were Jpo Associates, Ultratech Cemco, Dr. Reddys, DLF,
S&P CNX NIFTY Technical Levels SBI, Tata Motors, Grasim, IDFC, HDFC and Infosys Tech.
Level 1 Level 2 Level 3
Support 5665 5554 5447 Technically, the market breadth remained robust. The
Resistance 5747 5816 5885 prevailing negative technical conditions continued to
weigh on the market sentiment. These conditions still
Simple Moving Averages S&P CNX NIFTY hold good. The RSI and the Stochastic are placed below
50 Day SMA 5609.47 their respective averages. The KST remains placed in the
100 Day SMA 5433.98 negative and warns of impending selling pressure.
200 Day SMA 5316.13 ◄Positive However, a few technical positives still hold good and
would help in supporting the markets at lower levels. The
Market Breadth * BSE NSE KST has moved above its average. Moreover, the MACD
Advances 1837 1011 is placed above its average and is also placed in the
Declines 799 430 positive territory, which augurs well for the markets. The
Same 166 86 Nifty remains placed above its 50-day SMA, 100-day SMA
Total 2802 1527 and 200-day SMA. More so the Nifty’s 50-day SMA
A/D Ratio 2.30 : 1 2.35 : 1
remains placed above Nifty’s 100-day SMA and 200-day
SMA, the later being called the ‘Golden Cross breakout’.
Volume (Lacs Shares) * These positive conditions would lead to regular bouts of
13/11/12 12/11/12 % Chg. short covering and buying support. The ADX line, +DI
BSE 1194 2602 -54.11
line and –DI line are moving sideways, indicating a range
bound trend. The market sentiment remains cautious as
NSE 2550 6435 -60.38
the Nifty has closed below the 5700 level. Now, it is
Total 3744 9037 -58.57
important that the Nifty moves and sustains above the
Turnover ( ` Crores) * 5747 level for buying support to emerge. In the
13/11/12 12/11/12 % Chg.
meanwhile the markets would take cues from the global
markets, earnings season, Rupee and the crude prices.
BSE 973.61 3732.07 -73.91
The support levels for Nifty are placed at 5665, 5554 and
NSE 2951.03 12924.08 -77.17
5447 The Nifty faces resistance at 5747, 5816, 5885, 5910
NSE F&O 26595.23 95023.41 -72.01 and 5945 levels.
Total 30519.87 111679.56 -72.67
F&O Contracts Traded (NSE) *
13/11/12 12/11/12 % Chg.
Index Fut. 81284 236394 -65.62
Stock Fut. 115719 503667 -77.02
Index Opt. 664896 2148119 -69.05
Stock Opt. 57664 342041 -83.14
Total 919563 3230221 -54.72
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
Bharti Airtel 283.00 Buy Above 284.00 277.25 2.38 299.00 5.28
FT 1197.20 Buy Above 1200.00 1128.00 6.00 1360.00 13.33
REC 224.80 Buy Above 225.00 221.75 1.44 232.00 3.11
* 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 18619 18648 18704 18788 18929 18563 18507 18367
S&P CNX NIFTY 5667 5675 5690 5713 5751 5652 5637 5599
NIFTY NOV. FUT. 5681 5687 5702 5724 5761 5665 5650 5613
Stocks To Watch Out Today
Arvind, Ashok Leyland, Bharti Airtel, Colgate, Delta Corp; Divis Labs, FT, HDFC Bank, HDIL, IDFC, Indusind Bank,
Karnataka Bank, Max India, Powergrid, REC., Sun Pharma, Tata Coffee, TCS, United Spirits
Aban offshore, Apollo Tyre, Bajaj Hind; Hero Motocorp, IGL, IVRCL, L&T, M&M, maruti, NCC, Oil India, ONGC, Petronet,
Polaris, Punj Lloyd, Ranbaxy, SAIL, Siemens, Sobha, Syndicate Bank, Tata Comm; Tata Power, Tata Steel, Uniphos, ZEEL
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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