SlideShare une entreprise Scribd logo
1  sur  3
Télécharger pour lire hors ligne
Daily Technical Outlook

                                                                                                            28th February 2013
         Indices *             Close           % Chg.                                All eyes on FM
 BSE SENSEX                    19152.41              0.72
 S&P CNX NIFTY                  5796.90              0.62
                                                               Mirroring the inconclusive global market cues the domestic
                                                               markets witnessed a flat opening. Selling pressure continued
 NIFTY FEB 13 FUT.              5797.90              0.54
                                                               as markets traded lower. However, the markets managed to
 India VIX                        16.23              -6.50
                                                               bounce back from lower levels on back of short covering and
        S&P CNX NIFTY Technical Levels                         selective buying support. The markets came off the lows for
                 Level 1       Level 2         Level 3         the day and showed no signs of weakness. Stock specific
Support           5747          5571            5538
                                                               action was also witnessed. The markets ended the day with
                                                               modest gains to close near the highs for the day. The top
Resistance        5816          5885            5966
                                                               gainers for the day were JP Associates, M&M, DLF, Bharti
 Simple Moving Averages S&P CNX NIFTY                          Airtel, L&T, IDFC, ONGC, Bajaj Auto, BHEL and Axis Bank.
50 Day SMA                     5956.98        ◄Negative
                                                               Technically, the market breadth remained positive
100 Day SMA                    5843.45        ◄Negative
                                                               amidst higher volumes, which augurs well for the
200 Day SMA                    5542.56                         markets. The prevailing positive technical conditions
   Market Breadth *             BSE             NSE
                                                               helped the markets witness short covering and selective
                                                               buying support. These continue to hold good. The
Advances                            1441                627
                                                               Stochastic has moved above it s average. More so the
Declines                            1359                474
                                                               Stochastic and RSI are placed in the over sold zone. The
Same                                 130                 37    Nifty remains placed above its 200-day SMA. The Nifty’s
Total                               2930              1138     50-day SMA remains placed above Nifty’s 100-day SMA
A/D Ratio                        1.06 : 1           1.32 : 1   and 200-day SMA, the later being called the ‘Golden
                                                               Cross breakout’. These positive conditions would lead to
             Volume (Lacs Shares)         *                    intermediate bouts of short covering and selective
               27/02/13        26/02/13        % Chg.          buying support at lower levels. However, the prevailing
BSE                    2464         2250               9.51    negative technical conditions continue to hold good. The
NSE                    7667         6355             20.65     KST, RSI and MACD all are still placed below their
Total                 10131         8605             17.74     respective averages. The Nifty remains placed below its
                                                               50-day and 100-day SMA, which does not augur well for
             Turnover ( ` Crores)         *                    the markets. The negative divergence pattern formed on
               27/02/13        26/02/13        % Chg.          the Nifty still holds good and remains a sign of worry for
BSE                  2106.87     1959.90               7.50    the markets. Moreover, the KST and MACD are placed in
NSE              11915.07       10469.34             13.81     the negative territory, which warns of impending selling
NSE F&O         199301.47 199541.55                   -0.12    pressure. These negative technical conditions would
Total           213323.41 211970.79                    0.64
                                                               lead to selling pressure, especially at higher levels. The
                                                               –DI line is placed above the +DI line and is also placed
         F&O Contracts Traded (NSE)             *              above the 33 level but has come off its recent highs,
               27/02/13        26/02/13        % Chg.          indicating sellers are covering shorts at lower levels. The
Index Fut.           443275      607790              -27.07
                                                               market sentiment remains cautious ahead of the Union
                                                               Budget. We hold our view that upsides should be used to
Stock Fut.        1016377        886818              14.61
                                                               add to short positions until Nifty moves and closes
Index Opt.        4970709       4881773                1.82
                                                               above the 50-day SMA. In the meanwhile the markets
Stock Opt.           327531      350063               -6.44    would take cues from the Union Budget, global markets,
Total             6757892       6726444                0.99    Rupee and the crude prices. The support levels for Nifty are
NOTE - * - Source – BSE & NSE                                  placed at 5747, 5571 and 5538. The Nifty faces resistance at
                                                               5816, 5885, 5966, 6158 and 6313 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
Jaldi 5 (Short Term Technical Ideas for 5 Trading Days)
                                                                              Stop
                                                    Initiation      Stop      Loss
        Stock             Close       Action          Price        Loss *      (%)          Target      Target (%)     Remarks
Aurobindo Pharma Fut       173.00   Sell Below          172.00     177.50         3.20         160            6.98
Cairn Fut                  303.80   Sell Below          302.00     307.00         1.66         291            3.64
Century Textiles Fut      336.60 Sell Below        335.00     342.75              2.31         318            5.07
* 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                 19152               19121       19244      19336        19551         19029         18906      18691
S&P CNX NIFTY               5797                 5788       5827       5857          5925            5758       5720       5651
NIFTY FEB 13 FUT.           5798                 5765       5782       5765          5765            5782       5765       5765




                                         Stocks To Watch Out Today
Adani Enterprises, Crompton Greaves, FBI, GMR Infra, GSPL, Hind. Zinc, IDEA, IDFC, India Cement, Jet Airways, JP
Associates, JSW Steel, M&M, NTPC, OBC, PTC, Tata Steel, Titan, Union Bank
Aban, Aurobindo Pharma, Bajaj Holdings, Century Textiles, Coal India, Colgate, Delta Corp; Dena Bank, Divis Labs,
Educomp, FT, GAIL, Godrej Inds; Guj. Flourochem, Havells, HCC, HCL Tech; HDFC Bank, Hero Motocorp; Hindalco, HOECL,
IDBI, Jindal Saw, Jubilant Food, Kotak Bank, Orchid Chemicals, Pantaloon Retail, Powergrid, Ranbaxy, Raymond, Rel.
Capital, Siemens, Sun Pharma, Tata Motors, Tata Power, TVS Motors, Welcorp


                                                          Keynote Capitals Ltd.
            The Ruby, 9th Floor, Senapati Bapat Marg, Dadar (W), Mumbai, India – 400028. Tel: 3026 6000 / 2269 4322
                                                         www.keynotecapitals.com
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

Contenu connexe

Tendances

Keynote technicals daily report for 110213
Keynote technicals daily report for 110213Keynote technicals daily report for 110213
Keynote technicals daily report for 110213
Keynote Capitals Ltd.
 
Keynote technicals daily report for 191211
Keynote technicals   daily report for 191211Keynote technicals   daily report for 191211
Keynote technicals daily report for 191211
Keynote Capitals Ltd.
 
Keynote technicals daily report for 310112
Keynote technicals   daily report for 310112Keynote technicals   daily report for 310112
Keynote technicals daily report for 310112
Keynote Capitals Ltd.
 
Keynote technicals daily report for 160212
Keynote technicals   daily report for 160212Keynote technicals   daily report for 160212
Keynote technicals daily report for 160212
Keynote Capitals Ltd.
 
Keynote technicals daily report for 280312
Keynote technicals   daily report for 280312Keynote technicals   daily report for 280312
Keynote technicals daily report for 280312
Keynote Capitals Ltd.
 
Keynote technicals daily report for 280212
Keynote technicals   daily report for 280212Keynote technicals   daily report for 280212
Keynote technicals daily report for 280212
Keynote Capitals Ltd.
 
Keynote technicals daily report for 090113
Keynote technicals   daily report for 090113Keynote technicals   daily report for 090113
Keynote technicals daily report for 090113
Keynote Capitals Ltd.
 
Keynote technicals daily report for 201211
Keynote technicals   daily report for 201211Keynote technicals   daily report for 201211
Keynote technicals daily report for 201211
Keynote Capitals Ltd.
 
Keynote technicals daily report for 230112
Keynote technicals   daily report for 230112Keynote technicals   daily report for 230112
Keynote technicals daily report for 230112
Keynote Capitals Ltd.
 
Keynote technicals daily report for 260912
Keynote technicals   daily report for 260912Keynote technicals   daily report for 260912
Keynote technicals daily report for 260912
Keynote Capitals Ltd.
 
Keynote technicals daily report for 010212
Keynote technicals   daily report for 010212Keynote technicals   daily report for 010212
Keynote technicals daily report for 010212
Keynote Capitals Ltd.
 
Keynote technicals daily report for 191112
Keynote technicals   daily report for 191112Keynote technicals   daily report for 191112
Keynote technicals daily report for 191112
Keynote Capitals Ltd.
 
Keynote technicals daily report for 030312
Keynote technicals   daily report for 030312Keynote technicals   daily report for 030312
Keynote technicals daily report for 030312
Keynote Capitals Ltd.
 
Keynote technicals daily report for 240212
Keynote technicals   daily report for 240212Keynote technicals   daily report for 240212
Keynote technicals daily report for 240212
Keynote Capitals Ltd.
 
Keynote technicals daily report for 180112
Keynote technicals   daily report for 180112Keynote technicals   daily report for 180112
Keynote technicals daily report for 180112
Keynote Capitals Ltd.
 
Keynote technicals daily report for 291112
Keynote technicals daily report for 291112Keynote technicals daily report for 291112
Keynote technicals daily report for 291112
Keynote Capitals Ltd.
 
Keynote technicals daily report for 040213
Keynote technicals   daily report for 040213Keynote technicals   daily report for 040213
Keynote technicals daily report for 040213
Keynote Capitals Ltd.
 
Keynote technicals daily report for 131212
Keynote technicals daily report for 131212Keynote technicals daily report for 131212
Keynote technicals daily report for 131212
Keynote Capitals Ltd.
 
Keynote technicals daily report for 100212
Keynote technicals   daily report for 100212Keynote technicals   daily report for 100212
Keynote technicals daily report for 100212
Keynote Capitals Ltd.
 
Keynote technicals daily report for 200112
Keynote technicals   daily report for 200112Keynote technicals   daily report for 200112
Keynote technicals daily report for 200112
Keynote Capitals Ltd.
 

Tendances (20)

Keynote technicals daily report for 110213
Keynote technicals daily report for 110213Keynote technicals daily report for 110213
Keynote technicals daily report for 110213
 
Keynote technicals daily report for 191211
Keynote technicals   daily report for 191211Keynote technicals   daily report for 191211
Keynote technicals daily report for 191211
 
Keynote technicals daily report for 310112
Keynote technicals   daily report for 310112Keynote technicals   daily report for 310112
Keynote technicals daily report for 310112
 
Keynote technicals daily report for 160212
Keynote technicals   daily report for 160212Keynote technicals   daily report for 160212
Keynote technicals daily report for 160212
 
Keynote technicals daily report for 280312
Keynote technicals   daily report for 280312Keynote technicals   daily report for 280312
Keynote technicals daily report for 280312
 
Keynote technicals daily report for 280212
Keynote technicals   daily report for 280212Keynote technicals   daily report for 280212
Keynote technicals daily report for 280212
 
Keynote technicals daily report for 090113
Keynote technicals   daily report for 090113Keynote technicals   daily report for 090113
Keynote technicals daily report for 090113
 
Keynote technicals daily report for 201211
Keynote technicals   daily report for 201211Keynote technicals   daily report for 201211
Keynote technicals daily report for 201211
 
Keynote technicals daily report for 230112
Keynote technicals   daily report for 230112Keynote technicals   daily report for 230112
Keynote technicals daily report for 230112
 
Keynote technicals daily report for 260912
Keynote technicals   daily report for 260912Keynote technicals   daily report for 260912
Keynote technicals daily report for 260912
 
Keynote technicals daily report for 010212
Keynote technicals   daily report for 010212Keynote technicals   daily report for 010212
Keynote technicals daily report for 010212
 
Keynote technicals daily report for 191112
Keynote technicals   daily report for 191112Keynote technicals   daily report for 191112
Keynote technicals daily report for 191112
 
Keynote technicals daily report for 030312
Keynote technicals   daily report for 030312Keynote technicals   daily report for 030312
Keynote technicals daily report for 030312
 
Keynote technicals daily report for 240212
Keynote technicals   daily report for 240212Keynote technicals   daily report for 240212
Keynote technicals daily report for 240212
 
Keynote technicals daily report for 180112
Keynote technicals   daily report for 180112Keynote technicals   daily report for 180112
Keynote technicals daily report for 180112
 
Keynote technicals daily report for 291112
Keynote technicals daily report for 291112Keynote technicals daily report for 291112
Keynote technicals daily report for 291112
 
Keynote technicals daily report for 040213
Keynote technicals   daily report for 040213Keynote technicals   daily report for 040213
Keynote technicals daily report for 040213
 
Keynote technicals daily report for 131212
Keynote technicals daily report for 131212Keynote technicals daily report for 131212
Keynote technicals daily report for 131212
 
Keynote technicals daily report for 100212
Keynote technicals   daily report for 100212Keynote technicals   daily report for 100212
Keynote technicals daily report for 100212
 
Keynote technicals daily report for 200112
Keynote technicals   daily report for 200112Keynote technicals   daily report for 200112
Keynote technicals daily report for 200112
 

En vedette

Keynote technicals intraday levels for 180512
Keynote technicals   intraday levels for 180512Keynote technicals   intraday levels for 180512
Keynote technicals intraday levels for 180512
Keynote Capitals Ltd.
 
Keynote technicals daily report for 250612
Keynote technicals   daily report for 250612Keynote technicals   daily report for 250612
Keynote technicals daily report for 250612
Keynote Capitals Ltd.
 
Keynote technicals commodity intraday levels for 220213
Keynote technicals   commodity intraday levels for 220213Keynote technicals   commodity intraday levels for 220213
Keynote technicals commodity intraday levels for 220213
Keynote Capitals Ltd.
 
Keynote commodity daily report for 210213
Keynote commodity daily report for 210213Keynote commodity daily report for 210213
Keynote commodity daily report for 210213
Keynote Capitals Ltd.
 
Keynote commodity daily report for 270712
Keynote commodity daily report for 270712Keynote commodity daily report for 270712
Keynote commodity daily report for 270712
Keynote Capitals Ltd.
 
Keynote commodity daily report for 261012
Keynote commodity daily report for 261012Keynote commodity daily report for 261012
Keynote commodity daily report for 261012
Keynote Capitals Ltd.
 
Keynote technicals daily report for 170912
Keynote technicals   daily report for 170912Keynote technicals   daily report for 170912
Keynote technicals daily report for 170912
Keynote Capitals Ltd.
 
Keynote technicals daily report for 270712
Keynote technicals   daily report for 270712Keynote technicals   daily report for 270712
Keynote technicals daily report for 270712
Keynote Capitals Ltd.
 
Keynote technicals commodity intraday levels for 061112
Keynote technicals commodity intraday levels for 061112Keynote technicals commodity intraday levels for 061112
Keynote technicals commodity intraday levels for 061112
Keynote Capitals Ltd.
 
Keynote technicals commodity intraday levels for 161112
Keynote technicals commodity intraday levels for 161112Keynote technicals commodity intraday levels for 161112
Keynote technicals commodity intraday levels for 161112
Keynote Capitals Ltd.
 
Keynote derivatives daily report for 161112
Keynote derivatives daily report for 161112Keynote derivatives daily report for 161112
Keynote derivatives daily report for 161112
Keynote Capitals Ltd.
 
Keynote technicals daily report for 010612
Keynote technicals   daily report for 010612Keynote technicals   daily report for 010612
Keynote technicals daily report for 010612
Keynote Capitals Ltd.
 
Keynote capitals india morning note september 5-'12
Keynote capitals india morning note september 5-'12Keynote capitals india morning note september 5-'12
Keynote capitals india morning note september 5-'12
Keynote Capitals Ltd.
 
Keynote capitals india morning note september 7-'12
Keynote capitals india morning note september 7-'12Keynote capitals india morning note september 7-'12
Keynote capitals india morning note september 7-'12
Keynote Capitals Ltd.
 
Keynote technicals commodity intraday levels for 110113
Keynote technicals   commodity intraday levels for 110113Keynote technicals   commodity intraday levels for 110113
Keynote technicals commodity intraday levels for 110113
Keynote Capitals Ltd.
 
Keynote commodity daily report for 231112
Keynote commodity daily report for 231112Keynote commodity daily report for 231112
Keynote commodity daily report for 231112
Keynote Capitals Ltd.
 
Keynote capitals india morning note 10 december-12
Keynote capitals india morning note 10 december-12Keynote capitals india morning note 10 december-12
Keynote capitals india morning note 10 december-12
Keynote Capitals Ltd.
 
Keynote technicals commodity intraday levels for 301112
Keynote technicals commodity intraday levels for 301112Keynote technicals commodity intraday levels for 301112
Keynote technicals commodity intraday levels for 301112
Keynote Capitals Ltd.
 

En vedette (18)

Keynote technicals intraday levels for 180512
Keynote technicals   intraday levels for 180512Keynote technicals   intraday levels for 180512
Keynote technicals intraday levels for 180512
 
Keynote technicals daily report for 250612
Keynote technicals   daily report for 250612Keynote technicals   daily report for 250612
Keynote technicals daily report for 250612
 
Keynote technicals commodity intraday levels for 220213
Keynote technicals   commodity intraday levels for 220213Keynote technicals   commodity intraday levels for 220213
Keynote technicals commodity intraday levels for 220213
 
Keynote commodity daily report for 210213
Keynote commodity daily report for 210213Keynote commodity daily report for 210213
Keynote commodity daily report for 210213
 
Keynote commodity daily report for 270712
Keynote commodity daily report for 270712Keynote commodity daily report for 270712
Keynote commodity daily report for 270712
 
Keynote commodity daily report for 261012
Keynote commodity daily report for 261012Keynote commodity daily report for 261012
Keynote commodity daily report for 261012
 
Keynote technicals daily report for 170912
Keynote technicals   daily report for 170912Keynote technicals   daily report for 170912
Keynote technicals daily report for 170912
 
Keynote technicals daily report for 270712
Keynote technicals   daily report for 270712Keynote technicals   daily report for 270712
Keynote technicals daily report for 270712
 
Keynote technicals commodity intraday levels for 061112
Keynote technicals commodity intraday levels for 061112Keynote technicals commodity intraday levels for 061112
Keynote technicals commodity intraday levels for 061112
 
Keynote technicals commodity intraday levels for 161112
Keynote technicals commodity intraday levels for 161112Keynote technicals commodity intraday levels for 161112
Keynote technicals commodity intraday levels for 161112
 
Keynote derivatives daily report for 161112
Keynote derivatives daily report for 161112Keynote derivatives daily report for 161112
Keynote derivatives daily report for 161112
 
Keynote technicals daily report for 010612
Keynote technicals   daily report for 010612Keynote technicals   daily report for 010612
Keynote technicals daily report for 010612
 
Keynote capitals india morning note september 5-'12
Keynote capitals india morning note september 5-'12Keynote capitals india morning note september 5-'12
Keynote capitals india morning note september 5-'12
 
Keynote capitals india morning note september 7-'12
Keynote capitals india morning note september 7-'12Keynote capitals india morning note september 7-'12
Keynote capitals india morning note september 7-'12
 
Keynote technicals commodity intraday levels for 110113
Keynote technicals   commodity intraday levels for 110113Keynote technicals   commodity intraday levels for 110113
Keynote technicals commodity intraday levels for 110113
 
Keynote commodity daily report for 231112
Keynote commodity daily report for 231112Keynote commodity daily report for 231112
Keynote commodity daily report for 231112
 
Keynote capitals india morning note 10 december-12
Keynote capitals india morning note 10 december-12Keynote capitals india morning note 10 december-12
Keynote capitals india morning note 10 december-12
 
Keynote technicals commodity intraday levels for 301112
Keynote technicals commodity intraday levels for 301112Keynote technicals commodity intraday levels for 301112
Keynote technicals commodity intraday levels for 301112
 

Similaire à Keynote technicals daily report for 280213

Keynote technicals daily report for 130213
Keynote technicals daily report for 130213Keynote technicals daily report for 130213
Keynote technicals daily report for 130213
Keynote Capitals Ltd.
 
Keynote technicals daily report for 140213
Keynote technicals daily report for 140213Keynote technicals daily report for 140213
Keynote technicals daily report for 140213
Keynote Capitals Ltd.
 
Keynote technicals daily report for 231112
Keynote technicals   daily report for 231112Keynote technicals   daily report for 231112
Keynote technicals daily report for 231112
Keynote Capitals Ltd.
 
Keynote technicals daily report for 020113
Keynote technicals daily report for 020113Keynote technicals daily report for 020113
Keynote technicals daily report for 020113
Keynote Capitals Ltd.
 
Keynote technicals daily report for 160212
Keynote technicals   daily report for 160212Keynote technicals   daily report for 160212
Keynote technicals daily report for 160212
Keynote Capitals Ltd.
 
Keynote technicals daily report for 080113
Keynote technicals   daily report for 080113Keynote technicals   daily report for 080113
Keynote technicals daily report for 080113
Keynote Capitals Ltd.
 
Keynote technicals daily report for 261112
Keynote technicals   daily report for 261112Keynote technicals   daily report for 261112
Keynote technicals daily report for 261112
Keynote Capitals Ltd.
 
Keynote technicals daily report for 221112
Keynote technicals   daily report for 221112Keynote technicals   daily report for 221112
Keynote technicals daily report for 221112
Keynote Capitals Ltd.
 
Keynote technicals daily report for 091112
Keynote technicals daily report for 091112Keynote technicals daily report for 091112
Keynote technicals daily report for 091112
Keynote Capitals Ltd.
 
Keynote technicals daily report for 280313
Keynote technicals daily report for 280313Keynote technicals daily report for 280313
Keynote technicals daily report for 280313
Keynote Capitals Ltd.
 
Keynote technicals daily report for 071212
Keynote technicals daily report for 071212Keynote technicals daily report for 071212
Keynote technicals daily report for 071212
Keynote Capitals Ltd.
 
Keynote technicals daily report for 290212
Keynote technicals   daily report for 290212Keynote technicals   daily report for 290212
Keynote technicals daily report for 290212
Keynote Capitals Ltd.
 
Keynote technicals daily report for 140113
Keynote technicals   daily report for 140113Keynote technicals   daily report for 140113
Keynote technicals daily report for 140113
Keynote Capitals Ltd.
 
Keynote technicals daily report for 290312
Keynote technicals   daily report for 290312Keynote technicals   daily report for 290312
Keynote technicals daily report for 290312
Keynote Capitals Ltd.
 
Keynote technicals daily report for 270612
Keynote technicals   daily report for 270612Keynote technicals   daily report for 270612
Keynote technicals daily report for 270612
Keynote Capitals Ltd.
 
Keynote technicals daily report for 140212
Keynote technicals   daily report for 140212Keynote technicals   daily report for 140212
Keynote technicals daily report for 140212
Keynote Capitals Ltd.
 
Keynote technicals daily report for 150312
Keynote technicals   daily report for 150312Keynote technicals   daily report for 150312
Keynote technicals daily report for 150312
Keynote Capitals Ltd.
 
Keynote technicals daily report for 040412
Keynote technicals   daily report for 040412Keynote technicals   daily report for 040412
Keynote technicals daily report for 040412
Keynote Capitals Ltd.
 

Similaire à Keynote technicals daily report for 280213 (20)

Keynote technicals daily report for 130213
Keynote technicals daily report for 130213Keynote technicals daily report for 130213
Keynote technicals daily report for 130213
 
Keynote technicals daily report for 140213
Keynote technicals daily report for 140213Keynote technicals daily report for 140213
Keynote technicals daily report for 140213
 
Keynote technicals daily report for 231112
Keynote technicals   daily report for 231112Keynote technicals   daily report for 231112
Keynote technicals daily report for 231112
 
Keynote technicals daily report
Keynote technicals daily reportKeynote technicals daily report
Keynote technicals daily report
 
Keynote technicals daily report for 020113
Keynote technicals daily report for 020113Keynote technicals daily report for 020113
Keynote technicals daily report for 020113
 
Keynote technicals daily report for 160212
Keynote technicals   daily report for 160212Keynote technicals   daily report for 160212
Keynote technicals daily report for 160212
 
Keynote technicals daily report for 080113
Keynote technicals   daily report for 080113Keynote technicals   daily report for 080113
Keynote technicals daily report for 080113
 
Keynote technicals daily report for 261112
Keynote technicals   daily report for 261112Keynote technicals   daily report for 261112
Keynote technicals daily report for 261112
 
Keynote technicals daily report for 221112
Keynote technicals   daily report for 221112Keynote technicals   daily report for 221112
Keynote technicals daily report for 221112
 
Keynote technicals daily report for 091112
Keynote technicals daily report for 091112Keynote technicals daily report for 091112
Keynote technicals daily report for 091112
 
Keynote technicals daily report for 280313
Keynote technicals daily report for 280313Keynote technicals daily report for 280313
Keynote technicals daily report for 280313
 
Keynote technicals daily report for 071212
Keynote technicals daily report for 071212Keynote technicals daily report for 071212
Keynote technicals daily report for 071212
 
Keynote technicals daily report
Keynote technicals daily reportKeynote technicals daily report
Keynote technicals daily report
 
Keynote technicals daily report for 290212
Keynote technicals   daily report for 290212Keynote technicals   daily report for 290212
Keynote technicals daily report for 290212
 
Keynote technicals daily report for 140113
Keynote technicals   daily report for 140113Keynote technicals   daily report for 140113
Keynote technicals daily report for 140113
 
Keynote technicals daily report for 290312
Keynote technicals   daily report for 290312Keynote technicals   daily report for 290312
Keynote technicals daily report for 290312
 
Keynote technicals daily report for 270612
Keynote technicals   daily report for 270612Keynote technicals   daily report for 270612
Keynote technicals daily report for 270612
 
Keynote technicals daily report for 140212
Keynote technicals   daily report for 140212Keynote technicals   daily report for 140212
Keynote technicals daily report for 140212
 
Keynote technicals daily report for 150312
Keynote technicals   daily report for 150312Keynote technicals   daily report for 150312
Keynote technicals daily report for 150312
 
Keynote technicals daily report for 040412
Keynote technicals   daily report for 040412Keynote technicals   daily report for 040412
Keynote technicals daily report for 040412
 

Plus de Keynote Capitals Ltd.

Keynote technicals currency intraday levels for 280313
Keynote technicals currency intraday levels for 280313Keynote technicals currency intraday levels for 280313
Keynote technicals currency intraday levels for 280313
Keynote Capitals Ltd.
 
Keynote derivatives daily report for 280313
Keynote derivatives daily report for 280313Keynote derivatives daily report for 280313
Keynote derivatives daily report for 280313
Keynote Capitals Ltd.
 
Keynote capitals india m orning note 20130328
Keynote capitals india m orning note 20130328Keynote capitals india m orning note 20130328
Keynote capitals india m orning note 20130328
Keynote Capitals Ltd.
 
Keynote technicals intraday future levels for 280313
Keynote technicals intraday future levels for 280313Keynote technicals intraday future levels for 280313
Keynote technicals intraday future levels for 280313
Keynote Capitals Ltd.
 
Keynote technical commodity intraday levels for 060313
Keynote technical commodity intraday levels for 060313Keynote technical commodity intraday levels for 060313
Keynote technical commodity intraday levels for 060313
Keynote Capitals Ltd.
 
Keynote commodity daily report for 060313
Keynote commodity daily report for 060313Keynote commodity daily report for 060313
Keynote commodity daily report for 060313
Keynote Capitals Ltd.
 
Keynote technical currency intraday levels for 050313
Keynote technical currency intraday levels for 050313Keynote technical currency intraday levels for 050313
Keynote technical currency intraday levels for 050313
Keynote Capitals Ltd.
 
Keynote technical intraday future levels for 050313
Keynote technical intraday future levels for 050313Keynote technical intraday future levels for 050313
Keynote technical intraday future levels for 050313
Keynote Capitals Ltd.
 
Keynote technicals currency intraday levels for 280213
Keynote technicals currency intraday levels for 280213Keynote technicals currency intraday levels for 280213
Keynote technicals currency intraday levels for 280213
Keynote Capitals Ltd.
 
Keynote technicals commodity intraday levels for 280213
Keynote technicals commodity intraday levels for 280213Keynote technicals commodity intraday levels for 280213
Keynote technicals commodity intraday levels for 280213
Keynote Capitals Ltd.
 
Keynote derivatives daily report for 280213
Keynote derivatives daily report for 280213Keynote derivatives daily report for 280213
Keynote derivatives daily report for 280213
Keynote Capitals Ltd.
 
Keynote commodity daily report for 280213
Keynote commodity daily report for 280213Keynote commodity daily report for 280213
Keynote commodity daily report for 280213
Keynote Capitals Ltd.
 
Keynote technicals intraday future levels for 280213
Keynote technicals intraday future levels for 280213Keynote technicals intraday future levels for 280213
Keynote technicals intraday future levels for 280213
Keynote Capitals Ltd.
 
Keynote technicals currency intraday levels for 260213
Keynote technicals currency intraday levels for 260213Keynote technicals currency intraday levels for 260213
Keynote technicals currency intraday levels for 260213
Keynote Capitals Ltd.
 
Keynote technicals commodity intraday levels for 260213
Keynote technicals commodity intraday levels for 260213Keynote technicals commodity intraday levels for 260213
Keynote technicals commodity intraday levels for 260213
Keynote Capitals Ltd.
 
Keynote derivatives daily report for 260213
Keynote derivatives daily report for 260213Keynote derivatives daily report for 260213
Keynote derivatives daily report for 260213
Keynote Capitals Ltd.
 
Keynote technicals intraday future levels for 260213
Keynote technicals intraday future levels for 260213Keynote technicals intraday future levels for 260213
Keynote technicals intraday future levels for 260213
Keynote Capitals Ltd.
 
Keynote commodity daily report for 260213
Keynote commodity daily report for 260213Keynote commodity daily report for 260213
Keynote commodity daily report for 260213
Keynote Capitals Ltd.
 
Keynote technicals currency intraday levels for 220213
Keynote technicals   currency intraday levels for 220213Keynote technicals   currency intraday levels for 220213
Keynote technicals currency intraday levels for 220213
Keynote Capitals Ltd.
 
Keynote derivatives daily report for 220213
Keynote derivatives   daily report for 220213Keynote derivatives   daily report for 220213
Keynote derivatives daily report for 220213
Keynote Capitals Ltd.
 

Plus de Keynote Capitals Ltd. (20)

Keynote technicals currency intraday levels for 280313
Keynote technicals currency intraday levels for 280313Keynote technicals currency intraday levels for 280313
Keynote technicals currency intraday levels for 280313
 
Keynote derivatives daily report for 280313
Keynote derivatives daily report for 280313Keynote derivatives daily report for 280313
Keynote derivatives daily report for 280313
 
Keynote capitals india m orning note 20130328
Keynote capitals india m orning note 20130328Keynote capitals india m orning note 20130328
Keynote capitals india m orning note 20130328
 
Keynote technicals intraday future levels for 280313
Keynote technicals intraday future levels for 280313Keynote technicals intraday future levels for 280313
Keynote technicals intraday future levels for 280313
 
Keynote technical commodity intraday levels for 060313
Keynote technical commodity intraday levels for 060313Keynote technical commodity intraday levels for 060313
Keynote technical commodity intraday levels for 060313
 
Keynote commodity daily report for 060313
Keynote commodity daily report for 060313Keynote commodity daily report for 060313
Keynote commodity daily report for 060313
 
Keynote technical currency intraday levels for 050313
Keynote technical currency intraday levels for 050313Keynote technical currency intraday levels for 050313
Keynote technical currency intraday levels for 050313
 
Keynote technical intraday future levels for 050313
Keynote technical intraday future levels for 050313Keynote technical intraday future levels for 050313
Keynote technical intraday future levels for 050313
 
Keynote technicals currency intraday levels for 280213
Keynote technicals currency intraday levels for 280213Keynote technicals currency intraday levels for 280213
Keynote technicals currency intraday levels for 280213
 
Keynote technicals commodity intraday levels for 280213
Keynote technicals commodity intraday levels for 280213Keynote technicals commodity intraday levels for 280213
Keynote technicals commodity intraday levels for 280213
 
Keynote derivatives daily report for 280213
Keynote derivatives daily report for 280213Keynote derivatives daily report for 280213
Keynote derivatives daily report for 280213
 
Keynote commodity daily report for 280213
Keynote commodity daily report for 280213Keynote commodity daily report for 280213
Keynote commodity daily report for 280213
 
Keynote technicals intraday future levels for 280213
Keynote technicals intraday future levels for 280213Keynote technicals intraday future levels for 280213
Keynote technicals intraday future levels for 280213
 
Keynote technicals currency intraday levels for 260213
Keynote technicals currency intraday levels for 260213Keynote technicals currency intraday levels for 260213
Keynote technicals currency intraday levels for 260213
 
Keynote technicals commodity intraday levels for 260213
Keynote technicals commodity intraday levels for 260213Keynote technicals commodity intraday levels for 260213
Keynote technicals commodity intraday levels for 260213
 
Keynote derivatives daily report for 260213
Keynote derivatives daily report for 260213Keynote derivatives daily report for 260213
Keynote derivatives daily report for 260213
 
Keynote technicals intraday future levels for 260213
Keynote technicals intraday future levels for 260213Keynote technicals intraday future levels for 260213
Keynote technicals intraday future levels for 260213
 
Keynote commodity daily report for 260213
Keynote commodity daily report for 260213Keynote commodity daily report for 260213
Keynote commodity daily report for 260213
 
Keynote technicals currency intraday levels for 220213
Keynote technicals   currency intraday levels for 220213Keynote technicals   currency intraday levels for 220213
Keynote technicals currency intraday levels for 220213
 
Keynote derivatives daily report for 220213
Keynote derivatives   daily report for 220213Keynote derivatives   daily report for 220213
Keynote derivatives daily report for 220213
 

Dernier

PPT- Chapter 5- Cost Allocation presentation pdf
PPT- Chapter 5- Cost Allocation presentation pdfPPT- Chapter 5- Cost Allocation presentation pdf
PPT- Chapter 5- Cost Allocation presentation pdf
Kalkaye
 
Introduction to Economics II Chapter 28 Unemployment (1).pdf
Introduction to Economics II Chapter 28 Unemployment (1).pdfIntroduction to Economics II Chapter 28 Unemployment (1).pdf
Introduction to Economics II Chapter 28 Unemployment (1).pdf
Safa444074
 

Dernier (20)

Will pi network launch in 2024: what's the update.
Will pi network launch in 2024: what's the update.Will pi network launch in 2024: what's the update.
Will pi network launch in 2024: what's the update.
 
Indirect tax .pptx Supply under GST, Charges of GST
Indirect tax .pptx  Supply under GST, Charges of GSTIndirect tax .pptx  Supply under GST, Charges of GST
Indirect tax .pptx Supply under GST, Charges of GST
 
PPT- Chapter 5- Cost Allocation presentation pdf
PPT- Chapter 5- Cost Allocation presentation pdfPPT- Chapter 5- Cost Allocation presentation pdf
PPT- Chapter 5- Cost Allocation presentation pdf
 
where can I sell pi coins at the best rate (Market Price)
where can I sell pi coins at the best rate (Market Price)where can I sell pi coins at the best rate (Market Price)
where can I sell pi coins at the best rate (Market Price)
 
how to exchange pi coins for USD in 2024.
how to exchange pi coins for USD in 2024.how to exchange pi coins for USD in 2024.
how to exchange pi coins for USD in 2024.
 
how can I send my pi coins to Binance exchange
how can I send my pi coins to Binance exchangehow can I send my pi coins to Binance exchange
how can I send my pi coins to Binance exchange
 
Human Capital: Education and Health in Economic Development
Human Capital:  Education and Health      in Economic DevelopmentHuman Capital:  Education and Health      in Economic Development
Human Capital: Education and Health in Economic Development
 
how do I get a legit pi buyer in the internet (2024)
how do I get a legit pi buyer in the internet (2024)how do I get a legit pi buyer in the internet (2024)
how do I get a legit pi buyer in the internet (2024)
 
Consumer rights and its importance and value
Consumer rights and its importance and valueConsumer rights and its importance and value
Consumer rights and its importance and value
 
How can I withdraw my pi coins to real money in India.
How can I withdraw my pi coins to real money in India.How can I withdraw my pi coins to real money in India.
How can I withdraw my pi coins to real money in India.
 
Population Growth and Economic Development
Population Growth and  Economic DevelopmentPopulation Growth and  Economic Development
Population Growth and Economic Development
 
where can I purchase things with pi coins online
where can I purchase things with pi coins onlinewhere can I purchase things with pi coins online
where can I purchase things with pi coins online
 
how to sell pi coins in Canada, Uk and Australia
how to sell pi coins in Canada, Uk and Australiahow to sell pi coins in Canada, Uk and Australia
how to sell pi coins in Canada, Uk and Australia
 
Canvas Business Model Infographics by Slidesgo.pptx
Canvas Business Model Infographics by Slidesgo.pptxCanvas Business Model Infographics by Slidesgo.pptx
Canvas Business Model Infographics by Slidesgo.pptx
 
How can I sell my pi coins in Indonesia?
How can I  sell my pi coins in Indonesia?How can I  sell my pi coins in Indonesia?
How can I sell my pi coins in Indonesia?
 
How can I sell my Pi coins in Vietnam easily?
How can I sell my Pi coins in Vietnam easily?How can I sell my Pi coins in Vietnam easily?
How can I sell my Pi coins in Vietnam easily?
 
Digital Finance Summit 2024 Partners Brochure
Digital Finance Summit 2024 Partners BrochureDigital Finance Summit 2024 Partners Brochure
Digital Finance Summit 2024 Partners Brochure
 
Introduction to Economics II Chapter 28 Unemployment (1).pdf
Introduction to Economics II Chapter 28 Unemployment (1).pdfIntroduction to Economics II Chapter 28 Unemployment (1).pdf
Introduction to Economics II Chapter 28 Unemployment (1).pdf
 
Can a Pi network coin ever be sold out: I am ready to sell mine.
Can a Pi network coin ever be sold out: I am ready to sell mine.Can a Pi network coin ever be sold out: I am ready to sell mine.
Can a Pi network coin ever be sold out: I am ready to sell mine.
 
how can I sell my locked pi coins safety.
how can I sell my locked pi coins safety.how can I sell my locked pi coins safety.
how can I sell my locked pi coins safety.
 

Keynote technicals daily report for 280213

  • 1. Daily Technical Outlook 28th February 2013 Indices * Close % Chg. All eyes on FM BSE SENSEX 19152.41 0.72 S&P CNX NIFTY 5796.90 0.62 Mirroring the inconclusive global market cues the domestic markets witnessed a flat opening. Selling pressure continued NIFTY FEB 13 FUT. 5797.90 0.54 as markets traded lower. However, the markets managed to India VIX 16.23 -6.50 bounce back from lower levels on back of short covering and S&P CNX NIFTY Technical Levels selective buying support. The markets came off the lows for Level 1 Level 2 Level 3 the day and showed no signs of weakness. Stock specific Support 5747 5571 5538 action was also witnessed. The markets ended the day with modest gains to close near the highs for the day. The top Resistance 5816 5885 5966 gainers for the day were JP Associates, M&M, DLF, Bharti Simple Moving Averages S&P CNX NIFTY Airtel, L&T, IDFC, ONGC, Bajaj Auto, BHEL and Axis Bank. 50 Day SMA 5956.98 ◄Negative Technically, the market breadth remained positive 100 Day SMA 5843.45 ◄Negative amidst higher volumes, which augurs well for the 200 Day SMA 5542.56 markets. The prevailing positive technical conditions Market Breadth * BSE NSE helped the markets witness short covering and selective buying support. These continue to hold good. The Advances 1441 627 Stochastic has moved above it s average. More so the Declines 1359 474 Stochastic and RSI are placed in the over sold zone. The Same 130 37 Nifty remains placed above its 200-day SMA. The Nifty’s Total 2930 1138 50-day SMA remains placed above Nifty’s 100-day SMA A/D Ratio 1.06 : 1 1.32 : 1 and 200-day SMA, the later being called the ‘Golden Cross breakout’. These positive conditions would lead to Volume (Lacs Shares) * intermediate bouts of short covering and selective 27/02/13 26/02/13 % Chg. buying support at lower levels. However, the prevailing BSE 2464 2250 9.51 negative technical conditions continue to hold good. The NSE 7667 6355 20.65 KST, RSI and MACD all are still placed below their Total 10131 8605 17.74 respective averages. The Nifty remains placed below its 50-day and 100-day SMA, which does not augur well for Turnover ( ` Crores) * the markets. The negative divergence pattern formed on 27/02/13 26/02/13 % Chg. the Nifty still holds good and remains a sign of worry for BSE 2106.87 1959.90 7.50 the markets. Moreover, the KST and MACD are placed in NSE 11915.07 10469.34 13.81 the negative territory, which warns of impending selling NSE F&O 199301.47 199541.55 -0.12 pressure. These negative technical conditions would Total 213323.41 211970.79 0.64 lead to selling pressure, especially at higher levels. The –DI line is placed above the +DI line and is also placed F&O Contracts Traded (NSE) * above the 33 level but has come off its recent highs, 27/02/13 26/02/13 % Chg. indicating sellers are covering shorts at lower levels. The Index Fut. 443275 607790 -27.07 market sentiment remains cautious ahead of the Union Budget. We hold our view that upsides should be used to Stock Fut. 1016377 886818 14.61 add to short positions until Nifty moves and closes Index Opt. 4970709 4881773 1.82 above the 50-day SMA. In the meanwhile the markets Stock Opt. 327531 350063 -6.44 would take cues from the Union Budget, global markets, Total 6757892 6726444 0.99 Rupee and the crude prices. The support levels for Nifty are NOTE - * - Source – BSE & NSE placed at 5747, 5571 and 5538. The Nifty faces resistance at 5816, 5885, 5966, 6158 and 6313 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 Stock Close Action Price Loss * (%) Target Target (%) Remarks Aurobindo Pharma Fut 173.00 Sell Below 172.00 177.50 3.20 160 6.98 Cairn Fut 303.80 Sell Below 302.00 307.00 1.66 291 3.64 Century Textiles Fut 336.60 Sell Below 335.00 342.75 2.31 318 5.07 * 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 19152 19121 19244 19336 19551 19029 18906 18691 S&P CNX NIFTY 5797 5788 5827 5857 5925 5758 5720 5651 NIFTY FEB 13 FUT. 5798 5765 5782 5765 5765 5782 5765 5765 Stocks To Watch Out Today Adani Enterprises, Crompton Greaves, FBI, GMR Infra, GSPL, Hind. Zinc, IDEA, IDFC, India Cement, Jet Airways, JP Associates, JSW Steel, M&M, NTPC, OBC, PTC, Tata Steel, Titan, Union Bank Aban, Aurobindo Pharma, Bajaj Holdings, Century Textiles, Coal India, Colgate, Delta Corp; Dena Bank, Divis Labs, Educomp, FT, GAIL, Godrej Inds; Guj. Flourochem, Havells, HCC, HCL Tech; HDFC Bank, Hero Motocorp; Hindalco, HOECL, IDBI, Jindal Saw, Jubilant Food, Kotak Bank, Orchid Chemicals, Pantaloon Retail, Powergrid, Ranbaxy, Raymond, Rel. Capital, Siemens, Sun Pharma, Tata Motors, Tata Power, TVS Motors, Welcorp 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 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