1. Daily Technical Outlook
28th June 2012
Indices * Close % Chg.
BSE SENSEX 16967.76 0.36
Markets to remain range bound
S&P CNX NIFTY 5141.90 0.41
Mirroring the positive global market cues the domestic
NIFTY JUNE FUT. 5139.65 0.27
markets witnessed a firm opening. However, the over all
India VIX 20.37 0.69 trend continued to remain range bound and listless. The
S&P CNX NIFTY Technical Levels markets continue d to struggle to find a direction as
participation remained on the lower side. The markets ended
Level 1 Level 2 Level 3
the day with modest gains to close near the highs for the day.
Support 5114 5074 4950
The top gainers for the day were IDFC, Sesa Goa, Tata
Resistance 5250 5333 5379 Steel, HCL Tech; Tata Power, Rel. Infra, Sterlite, Hindalco,
Moving Averages S&P CNX NIFTY Cola India and bank of Baroda.
50 Day SMA 5049.57
Technically, the market breadth remained positive amidst
100 Day SMA 5194.00 higher volumes, which is a positive sign for the markets.
200 Day SMA 5074.97 ◄Critical The global market cues are positive. The domestic
markets are likely to witness a flat opening. The markets
Market Breadth * BSE NSE
continued to struggle to find a secular direction. The
Advances 1462 810
prevailing technical positives have helped the markets
Declines 1309 629 record marginal gains. The sideways movement has
Same 142 107 shelped the oscillators bounce baovetheir averages. The
Total 2913 1546 RSI, Stochastic and MACD all have moved above their
A/D Ratio 1.12 : 1 1.29 : 1 respective averages. The KST is already placed above its
average. The MACD and KST are placed in the positive
Volume (Lacs Shares) * territory, which augurs well for the markets. The Nifty is
27/06/12 26/06/12 % Chg. placed above the 50-day SMA and 200-day SMA. These
BSE 1884 1569 20.08 positive conditions would lead to buying support.
NSE 5359 4855 10.38 However, a few prevailing technical negatives continue
Total 7243 6424 12.75 to The Nifty remains placed below its 100-day SMA.
Moreover, the 50-day SMA is placed below its 100-day
Turnover ( ` Crores) * SMA and 200-day SMA. These negative conditions would
27/06/12 26/06/12 % Chg. result in regular bouts of selling pressure especially at
BSE 1634.90 1562.39 4.64 higher levels. The ADX line, +DI line and the –DI line are
NSE 8002.48 7616.00 5.07
moving sideways indicating a range bound trend. The
market sentiment remains tentative. Now it is important
NSE F&O 148134.39 156874.96 -5.57
that the markets witness follow up buying support at
Total 157771.77 166053.35 -4.99
higher levels for Nifty to move above the 5200 level.
F&O Contracts Traded (NSE) * Intermediate bouts of volatility and choppiness would be
27/06/12 26/06/12 % Chg.
witnessed due to impending derivative segment expiry.
In the meanwhile the markets would take cues from
Index Fut. 496119 585085 -15.21
Rupee, global markets and the crude prices. The support
Stock Fut. 857025 864803 -0.90
levels for Nifty are placed at 5114, 5074, 4950, 4841 and
Index Opt. 4307531 4542189 -5.17 4777. The Nifty faces resistance at the 5250, 5333, 5379
Stock Opt. 155575 161519 -3.68 and 5500 levels.
Total 5816250 6153596 -3.91
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
APIL 350.60 Buy Above 355.00 343.50 3.24 380 7.04
Bajaj Holdings 773.50 Buy Above 778.00 763.50 1.86 810 4.11
Colgate 1154.80 Buy Above 1157.00 1138.50 1.60 1198 3.54
* 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 16968 16976 17021 17074 17173 16923 16877 16779
S&P CNX NIFTY 5142 5144 5158 5175 5205 5127 5113 5082
NIFTY JUNE FUT. 5140 5142 5160 5180 5218 5122 5104 5066
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
APIl, Bajaj Holdings, BoB, Coal India, Cummins, Dish TV, Divis Labs,FT, Grasim, HDFC Bank, HDIL, Hexaware, Hindalco,
Jain Irrigation, JSW Steel, Opto Circuit, Petronet, PTC, REC, Rolta, Sesa goa, Sobha, Sun Pharma, Sun TV, Suzlon,
Syndicate Bank, Tata Global, TCS, Union Bank, Uniphos, ZEEL
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