1. Daily Technical Outlook
14th February 2013
Indices * Close % Chg. Markets struggle higher
BSE SENSEX 19608.08 0.24
S&P CNX NIFTY 5932.95 0.18
Mirroring the positive global market cues the domestic
markets witnessed a positive opening. The markets moved
NIFTY FEB 13 FUT. 5936.55 -0.08
higher on back of short covering and selective buying support
India VIX 15.14 -1.11
helping the Nifty to move above the 5966 level. However, the
S&P CNX NIFTY Technical Levels markets failed to sustain higher due to lack of follow of buying
Level 1 Level 2 Level 3 support and selling pressure at higher levels. The markets
Support 5885 5816 5747
ended the day with marginal gains to close near the lows for
the day. The top gainers for the day were HCL Tech; Tata
Resistance 5966 6158 6313
Motors, HDFC, ONGC, M&M, TCS, IDFC, Bharti Airtel, ICICI
Simple Moving Averages S&P CNX NIFTY Bank and ACC.
50 Day SMA 5961.77 ◄Negative
100 Day SMA 5825.07
Technically, the market breadth remained negative
amidst lower volumes, indicating buying concentrated in
200 Day SMA 5502.42
index heavyweight stocks. The prevailing negative
Market Breadth * BSE NSE technical conditions led to profit taking and selling
Advances 892 413
pressure at higher levels. The Nifty remains placed
Declines 1229 653
below its 50-day SMA. The negative divergence pattern
formed on the Nifty still holds good and remains a sign
Same 852 46
of worry for the markets. The RSI, KST and MACD all are
Total 2973 1112
placed below their respective averages. Moreover, the
A/D Ratio 0.73 : 1 0.63 : 1 KST and MACD are placed in the negative territory,
Volume (Lacs Shares) * which warns of impending selling pressure. These
negative technical conditions would weigh on the market
13/02/13 12/02/13 % Chg.
sentiment and lead to selling pressure at higher levels.
BSE 2177 2643 -17.63
However, the prevailing positive technical conditions still
NSE 7010 7564 -7.32 hold good and are leading to intermediate bouts of short
Total 9187 10207 -9.99 covering. The Stochastic remains placed above its
average. The Nifty remains placed above its 100-day
Turnover ( ` Crores) * SMA and 200-day SMA. The Nifty’s 50-day SMA remains
13/02/13 12/02/13 % Chg. placed above Nifty’s 100-day SMA and 200-day SMA, the
BSE 2041.36 1971.57 3.54 later being called the ‘Golden Cross breakout’. These
NSE 11054.46 10035.51 10.15 positive conditions would lead to intermediate bouts of
NSE F&O 97126.03 88154.24 10.18 buying support at lower levels. However, The -DI line, the
Total 110221.85 100161.32 10.04 +DI line and the ADX line are moving sideways,
indicating a range bound trend. The market sentiment
F&O Contracts Traded (NSE) * remains negative. Now, it is important that the markets
13/02/13 12/02/13 % Chg. witness buying support for the Nifty to move above the
Index Fut. 237093 196240 20.82 50-day SMA, other wise increased selling pressure is
Stock Fut. 482385 428011 12.70 likely to be witnessed and markets could test the 5816
Index Opt. 2096761 2002350 4.72
support level. In the meanwhile the markets would take
cues from the ongoing earnings season, global markets,
Stock Opt. 340654 256533 32.79
Rupee and the crude prices. The support levels for Nifty are
Total 3156893 2883134 6.19
placed at 5885, 5816 and 5747. The Nifty faces resistance at
NOTE - * - Source – BSE & NSE 5966, 6158, 6313 and 6358 levels.
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
TGT of
144
Achieved
given Sell
@ 149 on
Allahabad Bank Fut 143.15 Sell Below 142.20 145.50 2.32 135 5.06 08/02/13
Cairn Fut 316.05 Sell Below 315.30 320.00 1.49 305 3.27
CESC Fut 301.60 Sell Below 301.20 305.50 1.43 292 3.05
TGT of
976
Achieved
given Sell
@ 1014
on
Fin. Tech. Fut 967.50 Sell Below 965.00 979.00 1.45 934 3.21 12/02/13
* 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 19608 19635 19696 19784 19933 19547 19486 19337
S&P CNX NIFTY 5933 5942 5961 5988 6035 5914 5895 5849
NIFTY FEB 13 FUT. 5937 5930 5933 5930 5930 5933 5930 5930
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
Coal India, Dabur, Delta Corp; Divis Labs, Havells, HCL Tech; HDFC, HDFC Bank, ICICI Bank, Indusind Bank, M&M,
Mphasis, Oil India, ONGC, Sobha, Sun Pharma, TCS, Ultratech Cemco
AB Nuvo, Allahabad Bank, Andhra Bank, Bank of India, BGR Energy, BHEL, BPCL, Cairn India, Canara Bank, Century
Textiles, CESC, DishTV, DLF, Dr. Reddys, Escorts, Federal Bank, FT, Gail, HCC, HDIL, Hero Motocorp; Hindalco, HPCL, IFCI
IVRCL, JIndal Saw,Jindal Steel, JSW Energy, Maruti, MRF, OFSS, Powergrid, Rel .Comm; Rel. Capital, Rel. Infra, Rel. Power,
Renuka Sugar, SAIL, Sesa Goa, Siemens, Sintex, Sterlite, Sun TV, Suzlon, Syndicate Bank, Tata Chem; Tata Coffee, Tata
Power, Tata Steel, Unitech, Videocon, Voltas, Yes Bank
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