Post-closing Report(07-04-2011) & Tomorrow Outlook

Nifty Candle- Doji(Confusion)
Nifty Intra day trading patterns- Mixed Formations
Nifty trading range- 5867-5906
Consolidation between- 5867-5680
Distribution between- 5888-5905

Whole day narrow range market with intraday supports at lower levels and resistance at higher levels. Mid cap Cap and BSE Small Cap Indices with good gains and positive trading patterns

Put Call Ratio : 1.05

Advances & Declines:

NSE ADVANCES : 1,921
NSE DECLINES : 1,037
BSE ADVANCES : 1,460
BSE DECLINES :   687

Nifty Open Interest Changed Today:-

Nifty- 5800 CE(28APR2011)- +25350(+0.59%)
Nifty- 5800 PE(28APR2011)- +553200(+10.73%)

Nifty- 5900 CE(28APR2011)- +902150(+17.26%)
Nifty- 5900 PE(28APR2011)- +661450(+20.37%)

Nifty- 6000 CE(28APR2011)- +222400(+3.46%)
Nifty- 6000 PE(28APR2011)- -34900(-1.88%)

Closing :-

Nifty- closed at 5,885.70(-6.05 Points & -0.10%)
Sensex- closed at 19,591.18(-21.02 Points & -0.11% )
CNX MIDCAP - closed at 8,419.05(+77.05 Points & +0.92%)
BSE SMALL CAP- closed at 8,897.19(+110.25 Points & +1.25%)

Nifty Intra Day Chart of Today:-

Just click on chart for its enlarged view

Tomorrow(08-04-2011) Outlook


Mixed formations and Indian markets are not prepared for any side decisive moves. Firstly trading between 5870-5910 and sustaining beyond this range will give strong indication of break out side of broader range(5855-5945).
          
Trending market is expected in next week after break out of mentioned last 3 days brodaer range and Nifty will trade within this range tomorrow. .