Bulls will welcome in Next Week

Technical Analysis,Research & Weekly Outlook

(Aug 13 to Aug 17,2012)

Nifty-EOD Chart (10-08-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Rally beginning from 4531.15 on 20-12-2011
2- Impulsive Wave1-1 completion and corrective Wave-2 beginning from 5629.95 on 22-02-2012.
3- Corrective Wave1-2 completion and impulsive Wave-3 beginning from 4770.35 on 04-06-2012.
4- Sub Wave-1 correction of impulsive Wave-3 beginning
5- Sub Wave-2 correction of impulsive Wave-3 copmletion.
6- Sub Wave-2 correction of impulsive Wave-3 copmletion.
7- Sub Wave-3 of impulsive Wave-3 continuation
8- Upward cross over in MACD
9- Sustaining above Long Term Trend decider 200-Day SMA and 200-Day EMA

Conclusions from EOD chart analysis

All trends are up and and Sub Wave-3 of impulsive Wave-3 is continued. Very short term correction is on for the last 3 sessions which got support at rising trend line on 10-08-2012.

Nifty-Micro Analysis of 3 Sessions Intra Day Chart

(Aug 13 to Aug 17,2012)

Nifty-Intra Day Chart (Aug 13 to Aug 17,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 3 Sessions intraday charts

1- Consolidation between 5338-5346 on 08-08-2012.
2- Down moves in Falling Channel without much selling and showing consolidation indications on 09-08-2012.
3- Support between 5313-5323 on 09-08-2012.
4- Support between 5295-5312 on 10-08-2012.

Conclusions from 3 Sessions intra day chart analysis 

Although markets slipped in last 2 days but intraday supports seen daily and falling patterns are showing consolidation formations. Finally intraday supports at lower levels was seen on 10-08-2012 also therefore expected that last 3 sessions are only corrective moves and strong indications of correction completion also.

Conclusions (After Putting All Studies Together)

Indian markets are Bullish after sustaining above  200-Day SMA and  200-Day EMA but very short term correction is on for the last 3 sessions. Correction completion strong indications after good support at lower levels on 10-08-2012 and finally sustaining above 5323 will be correction completion confirmation. As  last 3 sessionsintraday charts are showing most time consolidations and lower levels supports also seen therefore correction completion almost confirmation.

Expected that Bull will welcome in next week and finally strong rally above 5377 will be seen as well as levels near 5600 are expected.

Indian Stock Markets Closing Reports(10-Aug-2012)

Main features of today trading are as follows

1- Benchmark Indices closed in Red.
2- White Candle.
3- Consolidation patterns formations

Ratios

Nifty Put Call Ratio: 1.12
Nifty P/E Ratio(10-Aug-2012): 17.34

Advances & Declines

BSE Advances : 1143
BSE Declines : 1620
NSE Advances :  548
NSE Declines :  874

Nifty Open Interest Changed Today

Nifty- 5100 CE(Aug)- -21,200(-1.15%)
Nifty- 5100 PE(Aug)- 235,000(3.08%)

Nifty- 5200 CE(Aug)- -54,100(-1.70%)
Nifty- 5200 PE(Aug)- 612,600(8.88%)

Nifty- 5300 CE(Aug)- 117,750(2.95%)
Nifty- 5300 PE(Aug)- -88,500(-1.30%)

Nifty- 5400 CE(Aug)- -252,750(-3.26%)
Nifty- 5400 PE(Aug)- 97,600(3.66%)

Nifty- 5500 CE(Aug)- 35,000(0.41%)
Nifty- 5500 PE(Aug)- 26,950(2.40%)

Closing 

Nifty- closed at 5,320.40(-2.55 Points & -0.05%)
Sensex- closed at 17,557.74(-3.13 Points & -0.02% )
CNX Midcap - closed at 7,239.65(-07.75 Points & -0.11%)
BSE SMLcap- closed at 6,549.77(-18.86 Points & -0.29%)

FII & DII trading activity in Capital Market Segment on 10-Aug-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 10-Aug-2012 2373.23 2290.07 83.16

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 10-Aug-2012 786.3 1322.99 -536.69

Nifty Spot-Levels & Trading Strategy for 13-08-2012

Nifty Spot-Levels

R3 5371
R2 5350
R1 5335
Avg 5314
S1 5299
S2 5278
S3 5263

Nifty Spot-Trading Strategy

H6 5356     Trgt 2
H5 5347     Trgt 1
H4 5339     Long breakout
H3 5329     Go Short
H2 5326
H1 5323
L1 5316
L2 5313
L3 5310     Long
L4 5300     Short Breakout
L5 5292     Trgt 1
L6 5283     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 13-08-2012

Nifty(Aug Fut)-Levels

R3 5401
R2 5380
R1 5362
Avg 5341
S1 5323
S2 5302
S3 5284

Nifty(Aug Fut)-Trading Strategy

H6 5384     Trgt 2
H5 5375     Trgt 1
H4 5366     Long breakout
H3 5355     Go Short
H2 5352
H1 5348
L1 5341
L2 5337
L3 5334     Long
L4 5323     Short Breakout
L5 5314     Trgt 1
L6 5305     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 13-08-2012

Bank Nifty(Aug Fut)-Levels

R3 10643
R2 10566
R1 10495
Avg 10418
S1 10347
S2 10270
S3 10199

Bank Nifty(Aug Fut)-Trading Strategy

H6 10573     Trgt 2
H5 10539     Trgt 1
H4 10505     Long breakout
H3 10464     Go Short
H2 10451
H1 10437
L1 10410
L2 10396
L3 10383     Long
L4 10342     Short Breakout
L5 10308     Trgt 1
L6 10274     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Aug 13 to Aug 17,2012)

Nifty Spot-Weekly Levels

R3 5495
R2 5436
R1 5378
Avg 5319
S1 5261
S2 5202
S3 5144

Nifty Spot-Weekly Trading Strategy

H6 5438     Trgt 2
H5 5411     Trgt 1
H4 5384     Long breakout
H3 5352     Go Short
H2 5341
H1 5330
L1 5309
L2 5298
L3 5287     Long
L4 5255     Short Breakout
L5 5228     Trgt 1
L6 5201     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Aug 13 to Aug 17,2012)

Bank Nifty Spot-Weekly Levels

R3 10945
R2 10793
R1 10576
Avg 10424
S1 10207
S2 10055
S3 9838

Bank Nifty Spot-Weekly Trading Strategy 

H6 10731     Trgt 2
H5 10646     Trgt 1
H4 10561     Long breakout
H3 10460     Go Short
H2 10426
H1 10392
L1 10325
L2 10291
L3 10257     Long
L4 10156     Short Breakout
L5 10071     Trgt 1
L6  9986     Trgt 2

Pre-Closing Outlook(10-08-2012)

As all the Asian and European markets were trading in Red as well as Dow's Futures was also more than 60 points down therefore Indian markets slipped after weak opening but consolidated at lower levels and got intraday support also between 5295-5312. Intraday consolidation patterns signals were seen yesterday also therefore it seems that indian markets are correcting in range bound mode.

Although lower levels supports today but confirmation is required through sustaining above 5312. Nifty got support between 5313-5323 yesterday and finally sustaining above 5323 will be correction completion confirmation. Although Indian markets slipped after mid session sharp surge but slipping patterns are also showing consolidation formations therefore final up moves hopes are alive if Nifty sustains above 5312.

I mentioned following fear in Pre-open Outlook today and repeating it again:-

US markets are flat for the last 5 sessions with intraday charts selling formations therefore big fall there can not be ruled out there and that may trigger global stock markets crash also. Just keep in mind and remain watchful.

Pre-open Outlook(10-08-2012)

Although US markets closed flat yesterday but most Asian markets are trading in Red today morning and sentiment turning weak therefore Indian markets may open weak. Intraday support was seen between 5313-5323 yesterday and sustaining below it will be correction confirmation.

US markets are flat for the last 5 sessions with intraday charts selling formations therefore big fall there can not be ruled out there and that may trigger global stock markets crash also. Just keep in mind and remain watchful.

Technical Analysis and Market Outlook(10-08-2012)

Nifty-Intra Day Chart (09-Aug-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Down moves in Falling Channel without much selling and showing consolidation indications
2- Support between 5313-5323
3- Whole day trading between 5313-5368

Conclusions from intra day chart analysis 

As Most of the time down moves without much selling and showing consolidation signals,except this lower levels intraday supports also therefore on going rally continuation hopes are alive despite lower levels closing today.

Both selling and buying positions in last 2 sessions within 5,313-5377 and sustaining it beyond should be firstly watched in the coming sessions for next moves confirmations.

Indian Stock Markets Closing Reports(09-Aug-2012)

Main features of today trading are as follows

1- Benchmark Indices closed in Red.
2- Black Candle.
3- Whole day slipping after positive opening.

Ratios

Nifty Put Call Ratio: 1.07
Nifty P/E Ratio(09-Aug-2012): 17.35

Advances & Declines

BSE Advances : 1114
BSE Declines : 1670
NSE Advances :  465
NSE Declines :  959

Nifty Open Interest Changed Today

Nifty- 5000 CE(Aug)- 2,650(0.26%)
Nifty- 5000 PE(Aug)- -93,550(-0.88%)

Nifty- 5100 CE(Aug)- 3,900(0.21%)
Nifty- 5100 PE(Aug)- 113,400(1.51%)

Nifty- 5200 CE(Aug)- -117,400(-3.56%)
Nifty- 5200 PE(Aug)- -57,300(-0.82%)

Nifty- 5300 CE(Aug)- 630,100(8.85%)
Nifty- 5300 PE(Aug)- 176,950(2.68%)

Nifty- 5400 CE(Aug)- -367,200(-4.14%)
Nifty- 5400 PE(Aug)- 67,500(2.60%)

Closing 

Nifty- closed at 5,322.95(-15.05 Points & -0.28%)
Sensex- closed at 17,560.87(-39.69 Points & -0.23% )
CNX Midcap - closed at 7,247.40(-024.85 Points & -0.34%)
BSE SMLcap- closed at 6,568.63(-27.24 Points & -0.41%)

FII Trading Data in Derivatives Segment on 09-Aug-2012

FII & DII trading activity in Capital Market Segment on 09-Aug-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 09-Aug-2012 2272.94 1935.8 337.14

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 09-Aug-2012 989.78 1744.18 -754.4

Nifty Spot-Levels & Trading Strategy for 10-08-2012

Nifty Spot-Levels

R3 5412
R2 5390
R1 5356
Avg 5334
S1 5300
S2 5278
S3 5244

Nifty Spot-Trading Strategy

H6 5378     Trgt 2
H5 5365     Trgt 1
H4 5352     Long breakout
H3 5337     Go Short
H2 5332
H1 5327
L1 5316
L2 5311
L3 5306     Long
L4 5291     Short Breakout
L5 5278     Trgt 1
L6 5265     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 10-08-2012

Nifty(Aug Fut)-Levels

R3 5418
R2 5401
R1 5366
Avg 5349
S1 5314
S2 5297
S3 5262

Nifty(Aug Fut)-Trading Strategy

H6 5384     Trgt 2
H5 5372     Trgt 1
H4 5360     Long breakout
H3 5346     Go Short
H2 5341
H1 5336
L1 5327
L2 5322
L3 5317     Long
L4 5303     Short Breakout
L5 5291     Trgt 1
L6 5280     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 10-08-2012

Bank Nifty(Aug Fut)-Levels

R3 10763
R2 10701
R1 10603
Avg 10541
S1 10443
S2 10381
S3 10283

Bank Nifty(Aug Fut)-Trading Strategy

H6 10665     Trgt 2
H5 10629     Trgt 1
H4 10593     Long breakout
H3 10549     Go Short
H2 10534
H1 10519
L1 10490
L2 10475
L3 10461     Long
L4 10417     Short Breakout
L5 10380     Trgt 1
L6 10344     Trgt 2

Pre-Closing Outlook(09-08-2012)

We are telling again and again that Indian markets are taking positions and next trend confirmation will be after sustaining beyond 5330-5365. Nifty is hovering around mentioned range and preparing for next decisive big moves.

Nifty moved above 5365 yesterday but could not sustain and again moved within mentioned range after forming top at 5377.60. Nifty moved below 5330 today but again trading within mentioned range at 5334.45 after forming low at 5,312.80.

Both selling and buying positions in last 2 sessions within 5,313-5377 and sustaining it beyond will be watched in the coming sessions for next moves confirmations.

Mid-session Outlook-3(09-08-2012)

Nifty moved below 5330 after Dow's Futures slipping more than 50 points and most European markets turning  in Red.  As  sharp forceful moving below 5330 therefore given breaking down almost confirmation. 

Mid-session Outlook-2(09-08-2012)

We gave lower level of 5330 on 07-08-2012 and Nifty moved up from this level in last 2 sessions. Lowest of last 2 sessions are as follows:-

1- 08-08-2012- 5,331.05
2- 09-08-2012(at 01:15 PM)- 5,330.25

As selling signals yesterday therefore we showed doubts on immediate up moves and Nifty slipped also today from 5368.20 to 5,330.25.

Although Indian markets are slipping after negative IIP data intraday charts are showing consolidation signals therefore Nifty surged more than 15 points after forming low at 5,330.25.

Indian markets are taking positions for next decisive trend within 5330-5365 and sustaining beyond 5330-5365 will be automatic next trend confirmation.

Mid-session Outlook(09-08-2012)

Only narrow range of 35 points(5330-5365) was given in previous Outlooks and Nifty traded most time within this range today.Although IIP at -1.8%(MoM) and below expectation also but market did not declined sharply and trading in positive zone.  

Market slipped from intraday higher levels today but intraday patterns are showing consolidation signals also and generating up moves continuation hopes but finally sustaining beyond 5330-5365 will be next moves confirmation..

Post-open Outlook(09-08-2012)

Trading above 5365 after strong opening today and firstly sustaining it above has to be watched for next blasting up moves confirmations.

Pre-open Outlook(09-08-2012)

Although US markets closed flat yesterday but most Asian markets are moderately strong today morning and Indian markets will firstly trade between 5330-5365 after positive opening.As GAAR news led selling possibility and Shooting Star(Gravestone Doji Bearish) Candle formation yesterday therefore view is cautious and until Nifty will not sustain above 5365 till then next up move will not be considered. Sustaining below 5330 will be short term correction confirmation.

Technical Analysis and Market Outlook(09-08-2012)

Nifty-Intra Day Chart (08-Aug-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 5338-5346
2- High volatility after GAAR news on Business news channels
3- Whole day trading between 5332-5377

Conclusions from intra day chart analysis

As good supports at lower levels with intraday consolidation patterns therefore finally sustaining above 5365 possibility is alive but today intraday moves were affected by GAAR news on Business news channels. As soon as mentioned news was seen was seen then following lines were updated at 12:24:00 PM in Mid-session Outlook-2:-

GAAR news on Business news channels and some intraday volatility also. As technical positions reverses also due to news impact on crowd psychology therefore firstly watch sustaining beyond 5330-5365 for next trend confirmations

Although Nifty did not moved below 5330 but also could not sustain above 5365 and intraday selling on the back of mentioned news can not be ruled out. Confirmations are must through sustaining beyond 5330-5365 in the coming sessions.

FII & DII trading activity in Capital Market Segment on 08-Aug-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 08-Aug-2012 2751.6 1637.39 1114.21

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 08-Aug-2012 928.83 1723.53 -794.7

Indian Stock Markets Closing Reports(08-Aug-2012)

Main features of today trading are as follows

1- Benchmark Indices closed flat.
2- Midcap and Smallcap Indices cloed in Red.
3- Closing near intraday lower levels after volatile moves.

Ratios

Nifty Put Call Ratio: 1.01
Nifty P/E Ratio(08-Aug-2012): 17.43

Advances & Declines

BSE Advances : 1225
BSE Declines : 1622
NSE Advances :  580
NSE Declines :  872

Nifty Open Interest Changed Today

Nifty- 5100 CE(Aug)- -27,950(-1.50%)
Nifty- 5100 PE(Aug)- -180,300(-2.31%)

Nifty- 5200 CE(Aug)- 44,950(1.38%)
Nifty- 5200 PE(Aug)- 674,550(10.57%)

Nifty- 5300 CE(Aug)- -390,650(-8.68%)
Nifty- 5300 PE(Aug)- 1,055,050(18.65%)

Nifty- 5400 CE(Aug)- 334,050(4.64%)
Nifty- 5400 PE(Aug)- 477,350(22.07%)

Nifty- 5500 CE(Aug)- -360,200(-3.88%)
Nifty- 5500 PE(Aug)- 215,700(23.94%)

Closing 

Nifty- closed at 5,338.00(1.30 Points & 0.02%)
Sensex- closed at 17,600.56(-1.22 Points & -0.01% )
CNX Midcap - closed at 7,272.25(-24.75 Points & -0.34%)
BSE SMLcap- closed at 6,595.87(-24.92 Points & -0.38%)

Nifty Spot-Levels & Trading Strategy for 09-08-2012

Nifty Spot-Levels

R3 5412
R2 5394
R1 5366
Avg 5348
S1 5320
S2 5302
S3 5274

Nifty Spot-Trading Strategy

H6 5384     Trgt 2
H5 5373     Trgt 1
H4 5363     Long breakout
H3 5350     Go Short
H2 5346
H1 5342
L1 5333
L2 5329
L3 5325     Long
L4 5312     Short Breakout
L5 5302     Trgt 1
L6 5291     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 09-08-2012

Nifty(Aug Fut)-Levels

R3 5431
R2 5412
R1 5383
Avg 5364
S1 5335
S2 5316
S3 5287

Nifty(Aug Fut)-Trading Strategy

H6 5402     Trgt 2
H5 5391     Trgt 1
H4 5380     Long breakout
H3 5367     Go Short
H2 5362
H1 5358
L1 5349
L2 5345
L3 5340     Long
L4 5327    Short Breakout
L5 5316     Trgt 1
L6 5305     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 09-08-2012

Bank Nifty(Aug Fut)-Levels

R3 10792
R2 10736
R1 10647
Avg 10591
S1 10502
S2 10446
S3 10357

Bank Nifty(Aug Fut)-Trading Strategy

H6 10704     Trgt 2
H5 10671     Trgt 1
H4 10638    Long breakout
H3 10598     Go Short
H2 10585
H1 10572
L1 10545
L2 10532
L3 10519     Long
L4 10479     Short Breakout
L5 10446     Trgt 1
L6 10413     Trgt 2

Pre-Closing Outlook-3(08-08-2012)

Dow's Futures is 40 points down and all the European markets are also Red and if US markets closes in deep Red today then negative opening in Indian markets can not be ruled out.

As US markets intraday charts of last 3 days are showing selling signals therefore today its Futures negative trading may be a signal of deep Red closing of US markets today.

Pre-Closing Outlook-2(08-08-2012)

Although sharp down from 5,377.60 but today lower levels good supports also with intraday consolidation patterns therefore finally sustaining above 5365 is expected in the coming sessions but sustaining beyond 5330-5365 should also be watched because today intraday moves are affected by GAAR news.

Pre-Closing Outlook(08-08-2012)

When consolidation patterns formations begun at lower levels then it was updated in Mid-session Outlook today and Indian markets moved up also after our this posting.

As today intraday moves were affected by GAAR news on Business news channels therefore next moves confirmation through sustaining beyond 5330-5365 was also told in Mid-session Outlook-2 and Nifty again slipped below 5365 after forming top at 5,377.60.

Our conclusion is that today lower levels good supports with intraday consolidation patterns therefore finally sustaining above 5365 is expected in the coming sessions but sustaining beyond 5330-5365 should also be watched because today intraday moves are affected by GAAR news.

Mid-session Outlook-2(08-08-2012)

GAAR news on Business news channels and some intraday volatility also. As technical positions reverses also due to news impact on crowd psychology therefore firstly watch sustaining beyond 5330-5365 for next trend confirmations.

Mid-session Outlook(08-08-2012)

Consolidations patterns being emerged in today intraday charts.

Post-open Outlook(08-08-2012)

As "Bearish Rising Wedge" formation was seen between 5330-5350  yesterday therefore following technical requirement was updated in both previous Outlooks:-

"consolidation is required for a strong rally above 5365"

Nifty is trading between 5339-5361 since opening today and slipped also from intraday higher levels but sustaining beyond 5330-5365 should be firstly watched for confirmation of final market positions between most crucial and next trend deciding resistance range(5300-5365)

As both consolidations and "Bearish Rising Wedge" formation was seen between 5300-5350 yesterday therefor more preparation is required for next decisive moves. Let market prepare and market take positions then next moves will be updated from intraday charts formations.

Blasting Rally above 5365 is on cards

Technical Analysis,Researches & Market Outlook

(08-08-2012)

Nifty-Intra Day Chart (07-Aug-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Almost whole day continuous up moves with intraday consolidations.
2- Slipping from higher levels in last half hour after Bearish Rising Wedge formations
3- Whole day trading between 5288-5350

Conclusions from intra day chart analysis 

Firstly click following topic link and understand technical positions from EOD chart:-

Blasting Rally above 5365 but after Follow Up Consolidations

Nifty traded most of the time between mentioned strong resistance range(5300-5365) and continuously moved up after intraday consolidations. "Bearish Rising Wedge" formation was seen between 5330-5350 and after that Nifty slipped also in last half hour upto 5330 therefore consolidation is firstly required for next decisive up moves.

Expected that Nifty will finally sustain above 5365 after follow up consolidations and on going rally will remain continued. Blasting rally is also expected above 5365 and this possibility is very much alive but sustaining above 5365 should also be firstly watched because "Bearish Rising Wedge" formation also on 07-08-2012.

Indian Stock Markets Closing Reports(07-Aug-2012)

Main features of today trading are as follows

1- Green closing.
2- White Candle.
3- Whole day up moves.

Ratios

Nifty Put Call Ratio: 1.08
Nifty P/E Ratio(07-Aug-2012): 17.43

Advances & Declines

BSE Advances : 1505
BSE Declines : 1317
NSE Advances :  783
NSE Declines :  642

Nifty Open Interest Changed Today

Nifty- 5100 CE(Aug)- -204,650(-9.88%)
Nifty- 5100 PE(Aug)- 1,028,000(15.18%)

Nifty- 5200 CE(Aug)- -355,550(-9.820%)
Nifty- 5200 PE(Aug)- 1,129,300(21.49%)

Nifty- 5300 CE(Aug)- -1,122,450(-19.96%)
Nifty- 5300 PE(Aug)- 1,686,200(42.47%)

Nifty- 5400 CE(Aug)- 39,200(0.55%)
Nifty- 5400 PE(Aug)- 997,700(85.63%)

Nifty- 5500 CE(Aug)- 886,000(10.56%)
Nifty- 5500 PE(Aug)- 441,800(96.19%)

Closing 

Nifty- closed at 5,336.70(54.15 Points & 1.03%)
Sensex- closed at 17,601.78(188.82 Points & 1.08% )
CNX Midcap - closed at 7,297.00(9.80 Points & 0.13%)
BSE SMLcap- closed at 6,620.79(23.58 Points & 0.36%)

FII Trading Data in Derivatives Segment on 07-Aug-2012

FII & DII trading activity in Capital Market Segment on 07-Aug-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 07-Aug-2012 2455.56 1639.61 815.95

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 07-Aug-2012 1234.5 1179.26 55.24

Nifty Spot-Levels & Trading Strategy for 08-08-2012

Nifty Spot-Levels

R3 5432
R2 5391
R1 5363
PIVOT 5322
S1 5294
S2 5253
S3 5225

Nifty Spot-Trading Strategy

H6 5405     Trgt 2
H5 5389     Trgt 1
H4 5373     Long breakout
H3 5354     Go Short
H2 5348
H1 5342
L1 5329
L2 5323
L3 5317     Long
L4 5298     Short Breakout
L5 5282     Trgt 1
L6 5266     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 08-08-2012

Nifty(Aug Fut)-Levels

R3 5448
R2 5407
R1 5377
PIVOT 5336
S1 5306
S2 5265
S3 5235

Nifty(Aug Fut)-Trading Strategy

H6 5418     Trgt 2
H5 5402     Trgt 1
H4 5386     Long breakout
H3 5366     Go Short
H2 5360
H1 5353
L1 5340
L2 5333
L3 5327     Long
L4 5307     Short Breakout
L5 5291     Trgt 1
L6 5275     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 08-08-2012

Bank Nifty(Aug Fut)-Levels

R3 10839
R2 10744
R1 10682
PIVOT 10587
S1 10525
S2 10430
S3 10368

Bank Nifty(Aug Fut)-Trading Strategy

H6 10778     Trgt 2
H5 10742     Trgt 1
H4 10706     Long breakout
H3 10663     Go Short
H2 10648
H1 10634
L1 10605
L2 10591
L3 10576     Long
L4 10533     Short Breakout
L5 10497     Trgt 1
L6 10461     Trgt 2

Pre-Closing Outlook(07-08-2012)

More than 1.25% rally within most crucial resistance range(5300-5365) but "Bearish Rising Wedge" formation is also seen during last 2 hours therefore more consolidations are required between 5330-5350 before next up moves in the coming sessions.

Mid-session Outlook-2(07-08-2012)

Our all the Outlooks of previous and current week are live proofs of this fact that we were always Bullish on Indian markets and only Bullish Rally have been projected. As intraday  sentiment turned heated therefore minor intraday correction may be seen but finally up moves will remain continued.

Mid-session Outlook(07-08-2012)

As up moves continuation above 5300 after first half hour consolidations within yesterday trading range therefore on going rally will remain continued. 

Detailed analysis have already been updated yesterday with EOD chart.

Blasting Rally above 5365 but after Follow Up Consolidations

Technical Analysis,Researches & Market Outlook

(07-08-2012)

Nifty-Intra Day Chart (06-Aug-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Buying(support) between 5270-5282
2- Selling(resistance) between 5286-5293
3- Whole day trading between 5270-5293

Conclusions from intra day chart analysis

As whole day narrow range trading within 23 Nifty points with Lower levels buying and higher levels selling therefore market will firstly trade near about today trading range tomorrow and sustaining beyond today trading range will be next decisive move confirmation.

Nifty-EOD Chart(06-Aug-2012):-

Just click on chart for its enlarged view

Conclusions from EOD chart analysis

Strong Resistance between 5300-5365 and Nifty traded whole day today between 5270-5293 which is just below mentioned strong resistance range. As intraday selling patterns are also seen between 23 Nifty points narrow range therefore until complete consolidation will not be seen below 5300 and between above mentioned resistance range till then Nifty will not cross 5365.

Conclusions (After Putting All Studies Together)

As both intraday buying and selling patterns today therefore Indian markets are equally poised today for any side moves and today trading range forceful break out or sustaining beyond will pave the way of next trend.

All trends are up but follow up consolidations are must for crossing and sustaining above mentioned resistance ranges. As lower levels consolidations also seen today therefore on going rally continuation hopes are alive but next up moves may also be slow between 5300-5365.

Inverted Head and Shoulders like formations are also being developed and its confirmations will be above 5365(Neckline). Sustaining above 5365 will be confirmation of strong resistance crossing and huge Inverted Head and Shoulders formation which will result strong,blasting and fast moves.

Indian Stock Markets Closing Reports(06-Aug-2012)

Main features of today trading are as follows

1- Green closing after big gap up opening.
2- White Candle formation.
3- Range bound trading in positive zone.

Ratios

Nifty Put Call Ratio: 1.01
Nifty P/E Ratio(06-Aug-2012): 17.25

Advances & Declines

BSE Advances : 1672
BSE Declines : 1170
NSE Advances :  900
NSE Declines :  544

Nifty Open Interest Changed Today

Nifty- 5000 CE(Aug)- -300,150(-17.48%)
Nifty- 5000 PE(Aug)- 80,450(0.78%)

Nifty- 5100 CE(Aug)- -208,100(-9.13%)
Nifty- 5100 PE(Aug)- 249,400(3.82%)

Nifty- 5200 CE(Aug)- -565,350(-13.51%)
Nifty- 5200 PE(Aug)- 256,150(5.12%)

Nifty- 5300 CE(Aug)- 298,800(5.61%)
Nifty- 5300 PE(Aug)- 1,361,450 (52.19%)

Nifty- 5400 CE(Aug)- 1,033,200(16.84%)
Nifty- 5400 PE(Aug)- 331,100(39.70%)

Closing 

Nifty- closed at 5,282.55(66.85 Points & 1.28%)
Sensex- closed at 17,412.96(215.03 Points & 1.25% )
CNX Midcap - closed at 7,287.20(42.30 Points & 0.58%)
BSE SMLcap- closed at 6,597.21(51.51 Points & 0.79%)

FII Trading Data in Derivatives Segment on 06-Aug-2012

FII & DII trading activity in Capital Market Segment on 06-Aug-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 06-Aug-2012 1738.14 1182.41 555.73

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 06-Aug-2012 876.85 881.08 -4.23

Nifty Spot-Levels & Trading Strategy for 07-08-2012

Nifty Spot-Levels

R3 5329
R2 5311
R1 5296
Avg 5278
S1 5263
S2 5245
S3 5230

Nifty Spot-Trading Strategy

H6 5315     Trgt 2
H5 5307     Trgt 1
H4 5300     Long breakout
H3 5291     Go Short
H2 5288
H1 5285
L1 5278
L2 5275
L3 5272     Long
L4 5263     Short Breakout
L5 5256     Trgt 1
L6 5248     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 07-08-2012

Nifty(Aug Fut)-Levels

R3 5341
R2 5325
R1 5310
Avg 5294
S1 5279
S2 5263
S3 5248

Nifty(Aug Fut)-Trading Strategy

H6 5327     Trgt 2
H5 5320     Trgt 1
H4 5313     Long breakout
H3 5304     Go Short
H2 5301
H1 5298
L1 5293
L2 5290
L3 5287     Long
L4 5278     Short Breakout
L5 5271     Trgt 1
L6 5264     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 07-08-2012

Bank Nifty(Aug Fut)-Levels

R3 10950
R2 10842
R1 10684
Avg 10576
S1 10418
S2 10310
S3 10152

Bank Nifty(Aug Fut)-Trading Strategy

H6 10794     Trgt 2
H5 10733     Trgt 1
H4 10673     Long breakout
H3 10600     Go Short
H2 10575
H1 10551
L1 10502
L2 10478
L3 10453     Long
L4 10380     Short Breakout
L5 10320     Trgt 1
L6 10259     Trgt 2

Pre-Closing Outlook(06-08-2012)

Following line was told in Post-open Outlook-2 at 10:43:00 AM today:-

"lower levels supports after minor profit booking may be seen and firstly 5255-5285 should be watched for this purpose"

Nifty traded more than 3 hours within above mentioned range and moved up after getting intraday supports between 5270-5285.

Minor profit booking at higher levels but lower levels good intraday spports also between 5261-5293 today therefore finally sustaining beyond this range should be firstly watched tomorrow.

As Resistances above 5300 therefore consolidations is required for decisive up moves above 5300 and next up moves may also be slow between 5300-5349 as well as sustaining above 5349 will be confirmation of strong fast moves.

Mid-session Outlook(06-08-2012)

As first hour up moves were without required force therefore minor profit booking possibility was told and supports getting range of 5255-5285 was also given in both previous Post-open Outlooks. Nifty traded most time between mentioned range today.

As minor profit booking today therefore fresh long positions should be built up after supports getting confirmations between mentioned range(5255-5290).

Post-open Outlook-2(06-08-2012)

As Sentiment heated after blasting Global markets therefore lower levels supports after minor profit booking may be seen and firstly 5255-5285 should be watched for this purpose.

Post-open Outlook(06-08-2012)

Although up moves immediately after opening today but without required force therefore profit booking possibility will be also considered.

Rally is Very Much On

Technical Analysis,Research & Weekly Outlook

(Aug 06 to Aug 10,2012)

Nifty-EOD Chart (03-Aug-2012):-

Just click on chart for its enlarged view

Conclusions from EOD chart analysis 

Impulsive Wave-3 continuation after correction completion on 04-06-2012 in the form of Sub Wave-1 which completed at 5348.55 on 10-07-2012 and its correction begun in the form of Sub Wave-2.

Nifty moved below Long Trem Trend decider both 200-Day EMA and 200-Day SMA in correction and got support at 5032.40 on 26-07-2012 but its confirmation was required through sustaining above next immediate resistance between 5200-5250.

As Nifty traded most time between 5200-5250  with lower levels intraday consolidation patterns formations therefore we told many times for final sustaining above 5250 and its live proofs are available in all previous week Outlooks:-

When US and European markets were trading in deep Red  then also we were not Bearish amd told following lines at 07:27:00 PM on 02-08-2012:-

Although US and European markets are in deep Red at this moment but lower levels intraday support seen today therefore sustaining above 5250 possibilities are still alive.

We always projected for rally continuation after sustaining above 5250 and it will be seen today after gap up opening above 5250 and finally sustaining it above. Expected that rally will remain continued above Sub Wave-1 top at 5348.55 in the coming week.

Indian Stock Markets Closing Reports(03-Aug-2012)

Main features of today trading are as follows

1- Red closing.
2- White Candle.
3- Closing near day's high after good support at lower levels.

Ratios

Nifty Put Call Ratio: 1.09
Nifty P/E Ratio(03-Aug-2012): 17.03

Advances & Declines

BSE Advances : 1223
BSE Declines : 1568
NSE Advances :  576
NSE Declines :  852

Nifty Open Interest Changed Today

Nifty- 5000 CE(Aug)- 23,200(1.03%)
Nifty- 5000 PE(Aug)- 829,050(8.80%)

Nifty- 5100 CE(Aug)- -0000(0.16%)
Nifty- 5100 PE(Aug)- 358,050(5.81%)

Nifty- 5200 CE(Aug)- 6,700(-00.00%)
Nifty- 5200 PE(Aug)- 23,350(0.47%)

Nifty- 5300 CE(Aug)- -0000(-00.00%)
Nifty- 5300 PE(Aug)- 400,850(18.16%)

Nifty- 5400 CE(Aug)- 805,450(17.83%)
Nifty- 5400 PE(Aug)- 11,550(1.40%)

Closing 

Nifty- closed at 5,215.70(-12.05 Points & -0.23%)
Sensex- closed at 17,197.93(-26.43 Points & -0.15% )
CNX Midcap - closed at 7,244.90(-11.00 Points & -0.15%)
BSE SMLcap- closed at 6,545.70(-5.09 Points & -0.08%)

Nifty Spot-Levels & Trading Strategy for 06-08-2012

Nifty Spot-Levels

R3 5292
R2 5256
R1 5236
Avg 5200
S1 5180
S2 5144
S3 5124

Nifty Spot-Trading Strategy

H6 5272     Trgt 2
H5 5259     Trgt 1
H4 5246     Long breakout
H3 5231     Go Short
H2 5226
H1 5221
L1 5210
L2 5205
L3 5200     Long
L4 5185     Short Breakout
L5 5172     Trgt 1
L6 5159     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 06-08-2012

Nifty(Aug Fut)-Levels

R3 5437
R2 5341
R1 5291
Avg 5195
S1 5145
S2 5049
S3 4999

Nifty(Aug Fut)-Trading Strategy

H6 5391     Trgt 2
H5 5356     Trgt 1
H4 5321    Long breakout
H3 5281     Go Short
H2 5267
H1 5254
L1 5227
L2 5214
L3 5200     Long
L4 5160     Short Breakout
L5 5125     Trgt 1
L6 5090     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 06-08-2012

Bank Nifty(Aug Fut)-Levels

R3 10596
R2 10502
R1 10443
Avg 10349
S1 10290
S2 10196
S3 10137

Bank Nifty(Aug Fut)-Trading Strategy

H6 10538     Trgt 2
H5 10503     Trgt 1
H4 10468     Long breakout
H3 10426     Go Short
H2 10412
H1 10398
L1 10369
L2 10355
L3 10341     Long
L4 10299     Short Breakout
L5 10264     Trgt 1
L6 10229     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Aug 06 to Aug 10,2012)

Nifty Spot-Weekly Levels

R3 5380
R2 5313
R1 5264
Avg 5197
S1 5148
S2 5081
S3 5032

Nifty Spot-Weekly Trading Strategy 

H6 5333     Trgt 2
H5 5306     Trgt 1
H4 5279     Long breakout
H3 5247     Go Short
H2 5237
H1 5226
L1 5205
L2 5194
L3 5184     Long
L4 5152     Short Breakout
L5 5125     Trgt 1
L6 5098     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Aug 06 to Aug 10,2012)

Bank Nifty Spot-Weekly Levels

R3 10711
R2 10589
R1 10452
Avg 10330
S1 10193
S2 10071
S3 9934

Bank Nifty Spot-Weekly Trading Strategy 

H6 10576     Trgt 2
H5 10517     Trgt 1
H4 10457     Long breakout
H3 10386     Go Short
H2 10362
H1 10338
L1 10291
L2 10267
L3 10243    Long
L4 10172     Short Breakout
L5 10112     Trgt 1
L6 10053     Trgt 2

FII Trading Data in Derivatives Segment on 03-Aug-2012

FII & DII trading activity in Capital Market Segment on 03-Aug-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 03-Aug-2012 1508.84 1300.15 208.69

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 03-Aug-2012 804.26 1238.91 -434.65