1. Daily Technical Outlook
18th June 2012
Indices * Close % Chg.
BSE SENSEX 16949.83 1.63
All eyes on Subbarao
S&P CNX NIFTY 5139.05 1.67
Mirroring the positive global market sentiment; the domestic
NIFTY JUNE FUT. 5147.70 1.85
markets witnessed a form opening. Selective buying support
India VIX 25.54 -0.66 was witnessed as Nifty crossed the 5100 level leading to
S&P CNX NIFTY Technical Levels short covering. Follow up buying support materialized helping
the Nifty to move above its 200-day SMA. The markets
Level 1 Level 2 Level 3
managed to hold on to the gains and showed no signs o
Support 5114 5071 4950
weakness. The markets ended the day with moderate gains
Resistance 5250 5333 5379 to close near the highs for the day. The top gainers for the
Moving Averages S&P CNX NIFTY day were Grasim, Tata Motors, Ambuja Cements, Rel. Infra,
50 Day SMA 5070.13
ACC, PNB, JP Associates, Hindalco, ICICI Bank and Coal
India.
100 Day SMA 5200.31
200 Day SMA 5071.98 ◄ Positive Technically, the market breadth remained positive amidst
lower volumes. The global market cues are positive. The
Market Breadth * NSE
domestic markets are likely to witness a positive
Advances 823
opening. The overall trend is likely to remain range
Declines 611 bound till the RBI’s policy announcement. The prevailing
Same 101 technical positives continue to hold good and have
Total 1535 helped the markets move higher. The Nifty remains
A/D Ratio 1.35 : 1 placed above its 50-day SMA and 200-day SMA.
Moreover, the RSI, MACD and KST all are still placed
Volume (Lacs Shares) * above their respective averages. The KST and MACD are
15/06/12 14/06/12 % Chg. also placed in the positive territory, which augurs well for
BSE 1716 N.A. - the markets. Moreover, the Nifty’s 100-day SMA is placed
NSE 5227 5341 -2.14 above Nifty’s 200-day SMA. These positive technical
Total 5227 5341 -2.14 conditions would prompt buying support. However, a few
technical negatives hold good and would cap upside
Turnover ( ` Crores) * gains. The Stochastic remains placed below its average.
15/06/12 14/06/12 % Chg. The Nifty remains placed below its 100-day SMA.
BSE 1722.99 N.A. - Moreover, the 50-day SMA has slipped below its 200-day
NSE 9495.92 8456.82 12.29
SMA and is already placed below its 100-day SMA. These
negative conditions would result in regular bouts of
NSE F&O 102516.56 105128.91 -2.48
profit taking and selling pressure. The ADX line, +DI line
Total 112012.48 113585.73 -1.39
and the –DI line are moving sideways indicating a range
F&O Contracts Traded (NSE) * bound trend. The market sentiment remains cautious
15/06/12 14/06/12 % Chg.
ahead of next week’s events. Now it is important that the
markets witness buying support for Nifty to sustain
Index Fut. 469998 499941 -5.99
above its 200-day SMA. In the meanwhile the markets
Stock Fut. 454080 462393 -1.80
would take cues from, the RBI’s policy, Rupee, global
Index Opt. 2922493 2991098 -2.29 markets and the crude prices. The support levels for Nifty
Stock Opt. 194979 210026 -7.16 are placed at 5114, 5071 and 4950. The Nifty faces
Total 4041550 4163458 -2.01 resistance at the 5250, 5333 and 5379 levels.
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
ACC 1223.25 Buy Above 1232.00 1202.00 2.44 1297 5.28
TGT of 170
Achieved
given Buy @
164.50 on
Ambuja Cements 169.05 Buy Above 170.00 166.40 2.12 178 4.71 14/06/12
BPCL 742.55 Buy Above 745.00 722.00 3.09 796 6.85
* 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 16950 16873 17045 17139 17406 16778 16606 16340
S&P CNX NIFTY 5139 5118 5167 5195 5272 5090 5041 4964
NIFTY JUNE FUT. 5148 5126 5178 5209 5292 5095 5042 4959
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
Arvind, Ashok Leyland, Bajaj Auto, CESC, IOC, NHPC, Tata Chemicals, Tata Communication
Bharti Airtel, Cairn, Cipla, Coal India, GMDC, Grasim, HUL, India Cements, Infosys Tech; ITC, JSW Energy, Piramal
Healthcare, Sun Pharma, Syndicate Bank, TCS, Tech. Mahindra, Ultratech Cement
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