Post-closing Report(19-04-2011) & Tomorrow Outlook
Main features of today market are as follows
1- Green Candle
2- Confirm consolidation between 5695-5735
3- Most of the indices are showing lower levels consolidations.
4- Sub Wave-F of Wave-5 completed 38.2% correction of Sub Wave-E with lower levels supports.
5- 'C' corrective Leg of Sub Wave-F corrective wave is also completed at 5716 roday.
Ratios:
Nifty Put Call Ratio: 0.87
Nifty P/E Ratio(18-04-2011): 21.66
Advances & Declines:
BSE ADVANCES : 1374
BSE DECLINES : 1509
NSE ADVANCES : 645
NSE DECLINES : 763
Nifty Open Interest Changed Today:-
Nifty- 5700 CE(28APR2011)- +126950(+3.15%)
Nifty- 5700 PE(28APR2011)- +158250(+2.08%)
Nifty- 5800 CE(28APR2011)- +113500(+1.57%)
Nifty- 5800 PE(28APR2011)- +488400(+10.46%)
Nifty- 5900 CE(28APR2011)- +369450(+5.30%)
Nifty- 5900 PE(28APR2011)- -44600(-1.67%)
Closing :-
Nifty- closed at 5,740.75(+11.65 Points & +0.20%)
Sensex- closed at 19,121.83(+30.66 Points & +0.16% )
CNX MIDCAP - closed at 8,204.75(+7.45 Points & +0.09%)
BSE SMALL CAP- closed at 8,762.65(+25.59 Points & +0.29%)
Nifty-Micro Analysis of Intra Day Chart(19-04-2011):-
Tomorrow(20-04-2011) Outlook
2 following crucial technical developments today:-
1- Sub Wave-F of Wave-5 completed 38.2% correction of Sub Wave-E with lower levels supports.
2- 'C' corrective Leg of Sub Wave-F corrective wave is also completed at 5716 roday.
Last 2 days following consolidation patterns:-
1- Falling Wedge(Bullish) Pattern on 15-04-2011
2- Water Fall(Bullish) Pattern on 18-04-2011
I told 2 times for support and base formation within 5695-5735 in Mid-session Outlooks and again repeating that keep in mind above technical developments and today intraday support as well as expect rally.
For precaution telling for watching sustaining above 5762 only.
Main features of today market are as follows
1- Green Candle
2- Confirm consolidation between 5695-5735
3- Most of the indices are showing lower levels consolidations.
4- Sub Wave-F of Wave-5 completed 38.2% correction of Sub Wave-E with lower levels supports.
5- 'C' corrective Leg of Sub Wave-F corrective wave is also completed at 5716 roday.
Ratios:
Nifty Put Call Ratio: 0.87
Nifty P/E Ratio(18-04-2011): 21.66
Advances & Declines:
BSE ADVANCES : 1374
BSE DECLINES : 1509
NSE ADVANCES : 645
NSE DECLINES : 763
Nifty Open Interest Changed Today:-
Nifty- 5700 CE(28APR2011)- +126950(+3.15%)
Nifty- 5700 PE(28APR2011)- +158250(+2.08%)
Nifty- 5800 CE(28APR2011)- +113500(+1.57%)
Nifty- 5800 PE(28APR2011)- +488400(+10.46%)
Nifty- 5900 CE(28APR2011)- +369450(+5.30%)
Nifty- 5900 PE(28APR2011)- -44600(-1.67%)
Closing :-
Nifty- closed at 5,740.75(+11.65 Points & +0.20%)
Sensex- closed at 19,121.83(+30.66 Points & +0.16% )
CNX MIDCAP - closed at 8,204.75(+7.45 Points & +0.09%)
BSE SMALL CAP- closed at 8,762.65(+25.59 Points & +0.29%)
Nifty-Micro Analysis of Intra Day Chart(19-04-2011):-
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| Just click on chart for its enlarged view |
2 following crucial technical developments today:-
1- Sub Wave-F of Wave-5 completed 38.2% correction of Sub Wave-E with lower levels supports.
2- 'C' corrective Leg of Sub Wave-F corrective wave is also completed at 5716 roday.
Last 2 days following consolidation patterns:-
1- Falling Wedge(Bullish) Pattern on 15-04-2011
2- Water Fall(Bullish) Pattern on 18-04-2011
I told 2 times for support and base formation within 5695-5735 in Mid-session Outlooks and again repeating that keep in mind above technical developments and today intraday support as well as expect rally.
For precaution telling for watching sustaining above 5762 only.