1. Daily Technical Outlook
15th June 2012
Indices * Close % Chg.
BSE SENSEX 16677.88 -1.20
Higher Inflation numbers spook markets
S&P CNX NIFTY 5054.75 -1.30
Mirroring the subdued global market sentiment; the domestic
NIFTY JUNE FUT. 5054.10 -1.34
markets witnessed a negative opening. The over all trend
India VIX 25.71 5.54 remained range bound as markets see-sawed ahead of the
S&P CNX NIFTY Technical Levels monthly inflation data. Increased selling pressure was
witnessed on back of disappointing inflation numbers creating
Level 1 Level 2 Level 3
doubts over RBI’s future course of action in the forthcoming
Support 4950 4824 4777
monetary policy review. The markets ended the day with
Resistance 5071 5114 5250 modest losses to close near the lows for the day. The top
Moving Averages S&P CNX NIFTY losers for the day were PNB, Tata Motors, SAIL, L&T, NTPC,
50 Day SMA 5073.81
IDFC, ICICI Bank, Bank of Baroda, SBI and Rel. Infra.
100 Day SMA 5199.38 Technically, the market breadth remained negative
200 Day SMA 5070.03 ◄ Positive amidst lower volumes. The global market cues are
divergent. The domestic markets are likely to witness a
Market Breadth * BSE NSE
flat to negative opening. The prevailing technical
Advances 1011 429
negatives continued to cap upside gains. The Stochastic
Declines 1701 1029 remains placed below its average and also around the
Same 119 81 over bought zone. The Nifty remains placed below its
Total 2831 1539 100-day SMA and 200-day SMA. Moreover, the 50-day
A/D Ratio 0.59 : 1 0.42 : 1 SMA is placed below its 100-day SMA. Moreover, Nifty’s
June Futures is now trading at a marginal discount
Volume (Lacs Shares) * These negative conditions would result in regular bouts
14/06/12 13/06/12 % Chg. of profit taking and selling pressure. However, a few
BSE N.A. N.A. - technical positives continue to hold good. The Nifty
NSE 5341 6081 -12.16 remains placed above its 50-day SMA. Moreover, the RSI,
Total 5341 6081 -12.16 MACD and KST all are still placed above their respective
averages. The KST and MACD are also placed in the
Turnover ( ` Crores) * positive territory, which augurs well for the markets.
14/06/12 13/06/12 % Chg. Moreover, the Nifty’s 50-day SMA and 100-day SMA are
BSE N.A. N.A. - placed above Nifty’s 200-day SMA.. These positive
NSE 8456.82 9733.72 -13.12
technical conditions would prompt buying support at
lower levels. The ADX line, +DI line and the –DI line are
NSE F&O 105128.91 98406.06 6.83
moving sideways indicating a range bound trend. The
Total 113585.73 108139.78 5.04
market sentiment has turned cautious as markets
F&O Contracts Traded (NSE) * continue to remain at crossroads. Now it is important
14/06/12 13/06/12 % Chg.
that the markets witness buying support for Nifty to
again move above its 200-day SMA. In the meanwhile the
Index Fut. 499941 447577 11.70
markets would take cues from, the Rupee, global markets
Stock Fut. 462393 480876 -3.84
and the crude prices. The support levels for Nifty are placed
Index Opt. 2991098 2745733 8.94 at 4950, 4824 and 4777. The Nifty faces resistance at the
Stock Opt. 210026 198347 5.89 5071, 5114, 5250, 5333 and 5379 levels.
Total 4163458 3872533 6.64
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
TGT of 117
Achieved
given Sell @
123 on
Adani Ports Fut 114.95 Sell Below 114.00 117.60 3.16 106 7.02 12/06/12
Apollo Tyre Fut 79.50 Sell Below 79.00 82.60 4.56 71 10.13
BHEL Fut 217.00 Sell Below 216.00 221.00 2.31 205 5.09
* 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 16678 16753 16847 17015 17278 16584 16490 16228
S&P CNX NIFTY 5055 5077 5107 5160 5242 5025 4995 4913
NIFTY JUNE FUT. 5054 5080 5113 5172 5265 5021 4987 4895
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
Adani Port, Bhushan Steel, Apollo Tyre, CESC, BHEL, Chambal Fert; Crompton Greaves, DCB, Delta Corp; Dena Bank, DLF,
Dr. Reddys, Educomp, FT, Godrej Inds; HCLTech; HDFC, HDFC Bank, IB Realestate, IDFC, Indusind Bank, Kotak Bank,
Maruti, McLeod Russel, NTPC, Tat Chemicals, Tata Global, Tata Motors, Tata Power, Welcorp; Yes Bank,
Ambuja Cements, Axis Bank, Colgate, Infosys Tech; ITC, Karnatak Bank, Piramal Healthcare, Tulip
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