1. Daily Commodity Outlook
7th October 2011
MCX GOLD (DEC 11) - Gold opened higher at 26490. It remained
Gold Silver Crude
(5 Dec-11) (5 Dec-11) (19 Oct-11) range bound during the day. It touched intra-day high of 26600 and
intra-day low of 26280.
Open 26490 51496 3928
High 26600 53488 4070 The RSI has moved above its average, which would lead to buying
Low 26280 51496 3908 support at lower levels. However, the Stochastic remains placed
below its average and would lead to selling pressure. The ADX, +DI
Close 26510 53237 4038 line are moving sideways but –DI line remains placed above the 30
Prev. Close 26434 51226 3916 level, indicating sellers have an upper hand. MCX GOLD faces
resistance at 27964, 28235, 28525, 28744 levels, while the supports
% Change 0.29% 3.93% 3.12%
are placed at 25360, 24992 and 23176 levels.
Source – MCX
MCX SILVER (DEC 11) - Silver opened higher at 51496, which
Volume (In 000's) incidentally was also its intra-day low level. It touched an intra-day
6/10/2011 5/10/2011 % Chg. high of 53488 before closing the day at 53237 with handsome gains.
Gold (grms) 27,411.0 61,846.0 -55.68% The RSI is placed above its average along with the Stochastic. Both
Silver (kgs) 1,765.2 2,891.7 -38.96% these conditions would lead to regular bouts of buying support.
However, the Stochastic is nearing its over bought zone. The –DI line
Crude (bbl) 17,291.2 20,892.2 -17.24% remains placed at 39.03 indicating sellers have an upper hand. MCX
Source – MCX Silver faces resistance at 54377, 56981 and 61708 levels, while the
supports are placed at 52365, 49828, 45824 and 42708 levels.
Turnover (In Lacs)
MCX CRUDE (OCT 11) - Crude opened higher at 3928 level. It
6/10/2011 5/10/2011 % Chg. moved lower to touch an intra-day low of 3908 but managed a
Gold 724,565.6 1,615,271.1 -55.14% bounce back to touch an intra-day high of 4070. It ended the day at
4038 to close with handsome gains.
Silver 924,599.3 1,444,720.1 -36.00%
Crude 685,702.9 805,965.6 -14.92% The RSI is placed above its average. Moreso, the Stochastic is also
Source – MCX
placed above its average. Both these conditions would lead to buying
support. The –DI line is however placed above the 30 level indicating
sellers have an upper hand. While the ADX and +DI line are moving
Global Market (Nymex - $)
sideways. It faces resistance at 4129, 4262 and 4301 levels, while
7/10/2011 6/10/2011 % Chg. the supports are placed at 4038, 3916 and 3794 levels.
Gold (oz) 1,657.00 1,651.90 0.31%
Silver (oz) 31.90 31.97 -0.22%
Crude (bbl) 82.60 82.59 0.01%
Dollar Index 78.57 78.64 -0.09%
Source – www.cmegroup.com
Intra-day Resistance Intra-day Support
Commodities Close Pivot Point R1 R2 R3 S1 S2 S3
CRUDE OCT 11 4038 4005 4103 4167 4329 3941 3843 3681
GOLD DEC 11 26510 26463 26647 26783 27103 26327 26143 25823
SILVER DEC 11 53237 52740 53985 54732 56724 51993 50748 48756
Keynote Capitals Ltd.
th
4 Floor, Balmer Lawrie Bldg., 5, J. N. Heredia Marg, Ballard Estate, Fort, Mumbai, India – 400001. Tel: 3026 6000 / 2269 4322
www.keynotecapitals.com

2. US Economic Calendar:
Thursday Friday Tuesday Wednesday Thursday
Oct. 06 Oct. 07 Oct. 11 Oct. 12 Oct. 13
MBA Purchase
Jobless Claims Employment Situation FOMC Minutes International Trade
Applications
EIA Natural Gas NFIB Small Business
Consumer Credit 10-Yr Note Auction Jobless Claims
Report Optimism Index
4-Week Bill EIA Petroleum Status
Chain Store Sales Wholesale Trade
Announcement Report
Monster Employment
3-Yr Note Auction Treasury Budget
Index
Keynote Capitals Ltd.
th
4 Floor, Balmer Lawrie Bldg., 5, J. N. Heredia Marg, Ballard Estate, Fort, Mumbai, India – 400001. Tel: 3026 6000 / 2269 4322
www.keynotecapitals.com

3. 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.
th
4 Floor, Balmer Lawrie Bldg., 5, J. N. Heredia Marg, Ballard Estate, Fort, Mumbai, India – 400001. Tel: 3026 6000 / 2269 4322
www.keynotecapitals.com