Rally after Follow Up Consolidations

Nifty-EOD Chart (14-Dec-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Wave-2 completion(4770.35 on 04-06-2012)
2- Sub Wave-1 gained 578.20 points(5348.55 on 10-07-2012)
3- Sub Wave-2(5032.40 on 26-07-2012)
4- Sub Wave-3 gained 782.95 points(5815.35 on 05-10-2012)
5- 44 Sessions sideways Sub Wave-4 correction between 5549-5815 with Bullish Flag formation.
6- Sub Wave-4 completion at 5548.35 on 20-11-2012)
7- Sub Wave-5 of Wave-3 continuation.
8- Last 10 sessions sideways trading between 5839-5962

Nifty-Micro Analysis of 10 Sessions Intra Day Chart

(Dec 17 to Dec 21,2012)

Nifty-Intra Day Chart (Dec 17 to Dec 21,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 10 Sessions intraday charts

1- Support between 5839-5860
2- Resistance between 5932-5962
3- 10 Sessions actual trading between 5839-5962

Conclusions (After Putting All Studies Together)

All trends are up and Sub Wave-5 of Wave-3 continuation after completion of 44 sessions Sub Wave-4 sideways correction between 5549-5815. Although 44 sessions trading range broken out forcefully on 29-11-2012 but market again turned sideways between 5839-5962 which is just above the top(5815) of Sub Wave-4 sideways trading range.

As Sub Wave-4 corrected with Bullish Flag formation therefore finally strong Sub Wave-5 rally will be seen but follow up consolidation is required to cross last 10 sessions higher levels resistances. As strong supports also developed at lower levels(above 5839) in last 10 sessions therefore expected that finally Sub Wave-5 rally will remain continued after follow up consolidation.

Indian markets are not prepared for any side decisive moves because development of both supports and resistances in last 10 sessions therefore Nifty will firstly trade as well as prepare for next moves between 5839-5962 in the coming week. Expected that finally Sub Wave-5 rally will remain continued after follow up consolidations but valid break out of last 10 sessions range(5839-5962) must be firstly watched for next moves confirmations because resistances development also in last 10 sessions and extreme heated sentiment formations due to positive announcements from Indian Government.

FII Trading Data in Derivatives Segment on 14-Dec-2012

FII & DII trading activity in Capital Market Segment on 14-Dec-2012

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 14-Dec-2012 2666.6 2092.22 574.38

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 14-Dec-2012 888.98 1401.41 -512.43

Indian Stock Markets Closing Reports(14-Dec-2012)

Main features of today trading are as follows

1- Benchmark Indices closed in Green.

2- Up moves after intraday supports at lower levels.

3- White Candle formation.

Ratios

Index Options Put Call Ratio: 0.98

Total Options Put Call Ratio: 0.93

Nifty P/E Ratio(14-Dec-2012): 18.25

Advances & Declines

BSE Advances : 1,411

BSE Declines : 1,512  

NSE Advances :   802

NSE Declines :   913

Nifty Open Interest Changed Today

Nifty- 5800 CE(Dec)- -74,550(-2.35%) 

Nifty- 5800 PE(Dec)-  932,850(11.33%)

Nifty- 5900 CE(Dec)- -204,250(-3.12%)

Nifty- 5900 PE(Dec)-  497,950(8.72%)

Nifty- 6000 CE(Dec)- -320,050(-2.77%)

Nifty- 6000 PE(Dec)- -41,500(-1.47%)

Nifty- 6100 CE(Dec)-  320,150(4.31%)

Nifty- 6100 PE(Dec)- -12,150(-1.64%)

Closing 

Sensex- closed at 19,317.25(87.99 Points & 0.46%)

Nifty- closed at 5,879.60(28.10 Points & 0.48%)

CNX Midcap - closed at 8,361.75(68.70 Points & 0.83%)

CNX Smallcap- closed at 3,667.55(14.10 Points & 0.39%)

Nifty Spot-Levels & Trading Strategy for 17-12-2012

Nifty Spot-Levels

R3 5944
R2 5915
R1 5897
Avg 5868
S1 5850
S2 5821
S3 5803

Nifty Spot-Trading Strategy

H6 5926     Trgt 2
H5 5915     Trgt 1
H4 5904     Long breakout
H3 5891     Go Short
H2 5887
H1 5883
L1 5874
L2 5870
L3 5866     Long
L4 5853     Short Breakout
L5 5842     Trgt 1
L6 5831     Trgt 2

Nifty(Dec Fut)-Levels & Trading Strategy for 17-12-2012

Nifty(Dec Fut)-Levels

R3 5984

R2 5953

R1 5933

Avg 5902

S1 5882

S2 5851

S3 5831

Nifty(Dec Fut)-Trading Strategy

H6 5965     Trgt 2 

H5 5953     Trgt 1

H4 5942     Long breakout 

H3 5928     Go Short 

H2 5923

H1 5918

L1 5909

L2 5904

L3 5899     Long 

L4 5885     Short Breakout 

L5 5874     Trgt 1 

L6 5862     Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 17-12-2012

Bank Nifty(Dec Fut)-Levels

R3 12899

R2 12719

R1 12616

Avg 12436

S1 12333

S2 12153

S3 12050

Bank Nifty(Dec Fut)-Trading Strategy

H6 12802     Trgt 2 

H5 12736     Trgt 1

H4 12669     Long breakout 

H3 12591     Go Short 

H2 12565

H1 12539

L1 12488

L2 12462

L3 12436     Long 

L4 12358     Short Breakout 

L5 12291     Trgt 1 

L6 12225     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Dec 17 to Dec 21,2012)

Nifty Spot-Weekly Levels

R3 6075

R2 6020

R1 5949

Avg 5894

S1 5823

S2 5768

S3 5697

Nifty Spot-Weekly Trading Strategy 

H6 6005     Trgt 2 

H5 5977     Trgt 1

H4 5948     Long breakout 

H3 5913     Go Short 

H2 5902

H1 5890

L1 5867

L2 5855

L3 5844     Long 

L4 5809     Short Breakout 

L5 5780     Trgt 1 

L6 5752     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Dec 17 to Dec 21,2012)

Bank Nifty Spot-Weekly Levels

R3 12863

R2 12701

R1 12562

Avg 12400

S1 12261

S2 12099

S3 11960

Bank Nifty Spot-Weekly Trading Strategy 

H6 12729     Trgt 2 

H5 12659     Trgt 1

H4 12589     Long breakout 

H3 12506     Go Short 

H2 12479

H1 12451

L1 12396

L2 12368

L3 12341    Long 

L4 12258     Short Breakout 

L5 12188     Trgt 1 

L6 12118     Trgt 2

Blog will be updated on 16-12-2012 

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 14-12-2012

Bank Nifty(Dec Fut)-Levels

R3 12667

R2 12594

R1 12467

Avg 12394

S1 12267

S2 12194

S3 12067

Bank Nifty(Dec Fut)-Trading Strategy

H6  12541    Trgt 2 

H5  12496    Trgt 1

H4  12451    Long breakout 

H3  12396    Go Short 

H2  12377

H1  12359

L1  12322

L2  12304

L3  12286    Long 

L4  12231    Short Breakout 

L5  12185    Trgt 1 

L6  12140    Trgt 2

Pre-Closing Outlook(13-12-2012)

As whole market,small traders,investors and almost all were Bullish and expecting rally therefore following possibility was told today at 01:32 PM today in Mid-session Outlook:-

"sharp down panics also can not be ruled out"

As was projected same happened and sharp down moves started at 01:52 PM. 

Down moves first indication through valid break down of 5872 and now following range should be watched for next trend final confirmation:-

5829-5965

Mid-session Outlook(13-12-2012)

Following lines were told in Technical Analysis and Market Outlook today:-

1- Indian markets are not prepared for any side decisive moves
2- Next moves preparation through sideways trading will be seen between last 9 sessions trading range(5829-5965) in the coming sessions.
3- For next moves first indication valid break out of yesterday trading range(5872-5924) should be firstly watched today.

First 4 hours trading between 5879-5907 today with slipping without force and today intraday patterns are showing consolidation indications. Market takes its own time to complete consolidation/distribution process,let it complete and intraday charts chart to show its confirm formations then next decisive moves will be projected.

As intraday charts are showing consolidation indications therefore finally up moves are expected but whole market,small traders,investors and almost all are also Bullish and expecting rally therefore continuous down moves are being seen for Stop Loss cutting and sharp down panics also can not be ruled out in the coming sessions. For confirmations valid break out of following ranges should be watched:-

1- 5872-5924(first indication)
2- 5829-5965(final confirmation)

Technical Analysis and Market Outlook(13-12-2012

Nifty-Intra Day Chart (12-Dec-2012):-

                   Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Whole day down moves in falling Channel(consolidation formation)
2- Minor selling formation.
3- Whole day actual trading between 5872-5924

Conclusions from intra day chart analysis 

Although whole day down moves with regular new lows formation but in falling Channel(consolidation formation) and after only minor selling therefore up moves continuation hops are alive`despite lower levels closing yesterday. For next moves first indication valid break out of yesterday trading range(5872-5924) should be firstly watched today.

As 9 sessions sideways market between 5829-5965 with lower levels good supports and higher levels selling therefore Indian markets are not prepared for any side decisive moves. Next moves preparation through sideways trading will be seen between last 9 sessions trading range(5829-5965) in the coming sessions.

All trends are up and confirmation of impulsive Wave-5 therefore finally Rally continuation above 5965 is will be seen. As yesterday intraday charts are showing consolidation formations therefore rally continuation hopes are alive after follow up consolidations in the coming sessions.

Indian Stock Markets Closing Reports(12-Dec-2012)

Main features of today trading are as follows

1- Benchmark Indices closed flat.

2- Most time narrow range moves.

3- Black Candle formation.

Ratios

Index Options Put Call Ratio: 0.98

Total Options Put Call Ratio: 0.93

Nifty P/E Ratio(12-Dec-2012): 18.26

Advances & Declines

BSE Advances : 1,385

BSE Declines : 1,555  

NSE Advances :   784

NSE Declines :   965

Nifty Open Interest Changed Today

Nifty- 5700 CE(Dec)- -58,850(-3.54%)

Nifty- 5700 PE(Dec)-  615,400(10.41%)

Nifty- 5800 CE(Dec)- -223,300(-6.78%)

Nifty- 5800 PE(Dec)-  276,650(3.51%)

Nifty- 5900 CE(Dec)- 365,750(6.51%)

Nifty- 5900 PE(Dec)- 181,200(3.31%)

Nifty- 6000 CE(Dec)- 781,750(7.60%)

Nifty- 6000 PE(Dec)- 113,400(3.69%)

Closing 

Sensex- closed at 19,355.26(-31.88 Points & -0.16%)

Nifty- closed at 5,888.00(-10.80 Points & -0.18%)

CNX Midcap - closed at 8,370.75(10.55 Points & 0.13%)

CNX Smallcap- closed at 3,700.60(1.05 Points & 0.03%)

FII Trading Data in Derivatives Segment on 12-Dec-2012

FII & DII trading activity in Capital Market Segment on 12-Dec-2012

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 12-Dec-2012 4380.29 3427.54 952.75

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 12-Dec-2012 993.2 1358.27 -365.07

Nifty Spot-Levels & Trading Strategy for 13-12-2012

Nifty Spot-Levels

R3 5966

R2 5945

R1 5916

Avg 5895

S1 5866

S2 5845

S3 5816

Nifty Spot-Trading Strategy

H6 5938     Trgt 2 

H5 5926     Trgt 1

H4 5915     Long breakout 

H3 5901     Go Short 

H2 5897

H1 5892

L1 5883

L2 5878

L3 5874     Long 

L4 5860     Short Breakout 

L5 5849     Trgt 1 

L6 5837     Trgt 2

Nifty(Dec Fut)-Levels & Trading Strategy for 13-12-2012

Nifty(Dec Fut)-Levels

R3 6003
R2 5983
R1 5955
Avg 5935
S1 5907
S2 5887
S3 5859

Nifty(Dec Fut)-Trading Strategy

H6 5976     Trgt 2
H5 5965     Trgt 1
H4 5954     Long breakout
H3 5941     Go Short
H2 5936
H1 5932
L1 5923
L2 5919
L3 5914     Long
L4 5901     Short Breakout
L5 5890     Trgt 1
L6 5879     Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 13-12-2012

Bank Nifty(Dec Fut)-Levels

R3 12601

R2 12545

R1 12472

Avg 12416

S1 12343

S2 12287

S3 12214

Bank Nifty(Dec Fut)-Trading Strategy

H6 12529     Trgt 2 

H5 12500     Trgt 1

H4 12470     Long breakout 

H3 12435     Go Short 

H2 12423

H1 12411

L1 12388

L2 12376

L3 12364     Long 

L4 12329     Short Breakout 

L5 12299     Trgt 1 

L6 12270     Trgt 2

Pre-Closing Outlook(12-12-2012)

Although whole day not sustaining at higher levels and slipping also even after above expectations good IIP data as well as more than 5 times new lows formation but intraday charts are showing consolidation formations therefore up moves continuation hops are alive.

For next moves first indication valid break out of 5884-5923 should be firstly watched.

Mid-session Outlook-3(12-12-2012)

Although intraday up move after getting lower levels support but not sustaining at higher levels and now down after selling formation. As only intraday volatility between 5884-5923 with both lower levels supports and higher levels selling therefore valid break out of 5884-5923 should be firstly watched for next moves first indication.

Mid-session Outlook-2(12-12-2012)

First 3 hours trading between 5884-5923 with negatively responding IIP data but intraday charts are not showing selling formations and showing lower levels intraday supports formations..  

Today trading range(5884-5923) valid break out should be firstly watched for next moves first indication.

Mid-session Outlook(12-12-2012)

Market could not show required enthusiasm on above expectation good IIP data therefore selling on good news possibility. Until Nifty will not cross today highs till then next up move will not be considered.

Rally continuation after Sideways Correction completion

Nifty-Intra Day Chart (Dec 05 to Dec 11,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 5 Sessions intraday charts

1- Support between 5839-5860 on 06-12-2012
2- Positive news(FDI Bill passing in Parliament) led good selling between 5930-5946 on 07-12-2012
3- Mixed Patterns between 5940-5964 on 11-12-2012
4- Support between 5867-5877 on 11-12-2012 
5- High volatility on 11-12-2012

Conclusions from 5 Sessions intra day chart analysis 

As good selling also between 5930-5946 on 07-12-2012 after getting Support between 5839-5860 on 06-12-2012 therefore slipping and support getting possibility at or near about next support range(5839-5860) was clearly projected with following lines in Pre-Closing Outlook on 10-12-2012:-

"minor slipping possibility is alive and support getting possibility is at or near about next support range(5839-5860)"

Whatsoever was projected one day before same happened next day on 11-12-2012 and Indian markets slipped as well as got support also at 5867 which is just above mentioned support range(5839-5860).

Nifty-Intra Day Chart (11-Dec-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Mixed Patterns between 5940-5964
2- Support between 5867-5877
3- High volatility
3- Whole day actual trading between 5867-5964

Conclusions from intra day chart analysis 

Firstly sharp recovery immediately after opening and after that negative news from Parliament led down moves but supports at lower levels and some recovery also in last half hour. Only volatily without much technical positions formations yesterday.

Conclusions (After Putting All Studies Together)

Just click following link and understand Indian markets technicals:-

Rally after Short Term Correction

Development of good supports at lower levels and also clear resistances at higher levels in last 5 sessions with high volatility yesterday. As technical positions reverses during yesterday like news based volatility therefore Indian markets are not fully prepared for any side decisive moves and follow up moves with fresh technical positions are required for next immediare direction.

All trends are up and confirmation of impulsive Wave-5 therefore finally Rally continuation above 5964 is expected after ongoing sideways correction completion. As sideways correction is on and market is not prepared for any side direction therefore firstly next moves preparation through sideways trading will be seen in the coming sessions between last 5 sessions trading range(5839-5964).

FII Trading Data in Derivatives Segment on 11-Dec-2012

FII & DII trading activity in Capital Market Segment on 11-Dec-2012

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 11-Dec-2012 3605.68 2295.8 1309.88

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 11-Dec-2012 860.59 1888.93 -1028.34

Indian Stock Markets Closing Reports(11-Dec-2012)

Main features of today trading are as follows

1- Benchmark Indices closed in Red.

2- Highly volatile markets on the back of news flow from Parliament.

3- Black Candle formations.

Ratios

Index Options Put Call Ratio: 0.92

Total Options Put Call Ratio: 0.89

Nifty P/E Ratio(11-Dec-2012): 18.29

Advances & Declines

BSE Advances : 1,157

BSE Declines : 1,768  

NSE Advances :   471

NSE Declines :   991

Nifty Open Interest Changed Today

Nifty- 5800 CE(Dec)- -33,050(-0.97%)

Nifty- 5800 PE(Dec)-  640,050(8.79%)

Nifty- 5900 CE(Dec)-  1,175,700(24.18%)

Nifty- 5900 PE(Dec)-  669,100(13.02%)

Nifty- 6000 CE(Dec)-  1,245,200(13.47%)

Nifty- 6000 PE(Dec)-  172,100(5.83%)

Nifty- 6100 CE(Dec)-  267,850(4.44%)

Nifty- 6100 PE(Dec)-  -65,000(-7.76%)

Closing 

Sensex- closed at 19,387.14(-22.55 Points & -0.12%)

Nifty- closed at 5,898.80(-10.10 Points & -0.17%)

CNX Midcap - closed at 8,360.20(-76.00 Points & -0.90%)

CNX Smallcap- closed at 3,699.55(-43.35 Points & -1.16%)

Nifty Spot-Levels & Trading Strategy for 12-12-2012

Nifty Spot-Levels

R3 6053

R2 6009

R1 5953

Avg 5909

S1 5853

S2 5809

S3 5753

Nifty Spot-Trading Strategy

H6 5998     Trgt 2 

H5 5975     Trgt 1

H4 5953     Long breakout 

H3 5925     Go Short 

H2 5916

H1 5907

L1 5888

L2 5879

L3 5870     Long 

L4 5843     Short Breakout 

L5 5820     Trgt 1 

L6 5797     Trgt 2

Nifty(Dec Fut)-Levels & Trading Strategy for 12-12-2012

Nifty(Dec Fut)-Levels

R3 6092
R2 6047
R1 5987
Avg 5942
S1 5882
S2 5837
S3 5777

Nifty(Dec Fut)-Trading Strategy

H6  6033    Trgt 2
H5  6009    Trgt 1
H4  5985    Long breakout
H3  5956    Go Short
H2  5947
H1  5937
L1  5918
L2  5908
L3  5899    Long
L4  5870    Short Breakout
L5  5846    Trgt 1
L6  5822    Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 12-12-2012

Bank Nifty(Dec Fut)-Levels

R3 12906

R2 12765

R1 12591

Avg 12450

S1 12276

S2 12135

S3 11961

Bank Nifty(Dec Fut)-Trading Strategy

H6 12734     Trgt 2 

H5 12662     Trgt 1

H4 12590     Long breakout 

H3 12503     Go Short 

H2 12474

H1 12445

L1 12388

L2 12359

L3 12330     Long 

L4 12243     Short Breakout 

L5 12171     Trgt 1 

L6 12099     Trgt 2

Pre-Closing Outlook(11-12-2012)

As selling was seen at higher levels in 2 previous sessions therefore consolidation was required through intraday correction and it is being seen today on the back of negative news from Indian Parliament.Uproar in Parliament today due to Wallmart Bribary news therefore Indian markets slipped and correcting at higher levels on the back of negative news flow.

As Indian Stocks market are Bullish therefore will correct at higher levels without deeper correction. Expected that on going rally will remain continued and next target of 6031 will be seen in the coming sessions after today started correction completion.

As slipping and support getting possibility at or near about next support range(5839-5860) was expected therefore following lines were told in Technical Analysis and Market Outlook yesterday:-

"minor slipping possibility is alive and support getting possibility is at or near about next support range(5839-5860)"

All trends are up,only short term corrections was expected and being seen now. Today down moves will be understood technical correction and following supports will be firstly watched:-

5839-5860

Post-open Outlook(11-12-2012)

Run away rally continuation after bold Economic decisions form Union Govt. As sentiment is strong therefore market is correcting at higher levels without too much slipping.

Expected that on going up moves will remain continued and next target of 6031 will be seen in the coming sessions.

NIFTY Dec F&O-1st Positional Shorting of 10-12-2012-Covering

NIFTY Dec F&O(Positional Shorted on 10-12-2012)-Cover immediately-CMP-5962(Lalit39)

Pre-open Outlook(11-12-2012)

Some Asian markets are in Green today morning therefore positive opening is expected. As Bullish markets consolidate at higher levels therefore gettiing supports at or above yesterday intraday support range(5889-5900) can not be ruled out.

Technical Analysis and Market Outlook(11-12-2012)

Nifty-Intra Day Chart (10-Dec-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5910-5918
2- Support between 5889-5900
3- Whole day actual trading between 5889-5918

Conclusions from intra day chart analysis 

Sideways narrow range trading with higher levels selling but lower levels intraday supports also therefore mixed intraday trading patterns. As good selling last Friday therefore minor slipping possibility is alive and support getting possibility is at or near about next support range(5839-5860).

FII Trading Data in Derivatives Segment on 10-Dec-2012

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

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 10-Dec-2012 2561.71 1863.48 698.23

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 10-Dec-2012 678.91 1265.49 -586.58

Indian Stock Markets Closing Reports(01-Dec-2012)

Main features of today trading are as follows

1- Benchmark Indices closed flat.

2- CNX Midcap and CNX Smallcap closed positive with sufficient gains.

3- Doji Candle formation in narrow range trading.

Ratios

Index Options Put Call Ratio: 0.91

Total Options Put Call Ratio: 0.87

Nifty P/E Ratio(01-Dec-2012): 18.36

Advances & Declines

BSE Advances : 1,524

BSE Declines : 1,415

NSE Advances :   913

NSE Declines :   884

Nifty Open Interest Changed Today

Nifty- 5700 CE(Dec)- 4,100(0.21%)

Nifty- 5700 PE(Dec)- 401,650(7.12%)

Nifty- 5800 CE(Dec)- 99,050(3.00%)

Nifty- 5800 PE(Dec)- 744,700(11.39%)

Nifty- 5900 CE(Dec)- 203,800(4.38%)

Nifty- 5900 PE(Dec)- 646,650(14.39%)

Nifty- 6000 CE(Dec)- 625,900(7.26%)

Nifty- 6000 PE(Dec)- 207,100(7.55%)

Closing 

Sensex- closed at 19,409.69(-14.41 Points & -0.07%)

Nifty- closed at 5,908.90(1.50 Points & 0.03%)

CNX Midcap - closed at 8,436.20(59.90 Points & 0.72%)

CNX Smallcap- closed at 3,742.90(14.55 Points & 0.39%)

Nifty Spot-Levels & Trading Strategy for 11-12-2012

Nifty Spot-Levels

R3 5953

R2 5936

R1 5922

Avg 5905

S1 5891

S2 5874

S3 5860

Nifty Spot-Trading Strategy

H6 5939     Trgt 2 

H5 5932     Trgt 1

H4 5925     Long breakout 

H3 5916     Go Short 

H2 5913

H1 5910

L1 5905

L2 5902

L3 5899     Long 

L4 5890     Short Breakout 

L5 5883     Trgt 1 

L6 5876     Trgt 2

Nifty(Dec Fut)-Levels & Trading Strategy for 11-12-2012

Nifty(Dec Fut)-Levels

R3 5989

R2 5972

R1 5957

Avg 5940

S1 5925

S2 5908

S3 5893

Nifty(Dec Fut)-Trading Strategy

H6 5974     Trgt 2 

H5 5966     Trgt 1

H4 5959     Long breakout 

H3 5950     Go Short 

H2 5947

H1 5944

L1 5939

L2 5936

L3 5933    Long 

L4 5924     Short Breakout 

L5 5917     Trgt 1 

L6 5909     Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 11-12-2012

Bank Nifty(Dec Fut)-Levels

3 12584

R2 12541

R1 12507

Avg 12464

S1 12430

S2 12387

S3 12353

Bank Nifty(Dec Fut)-Trading Strategy

H6 12550     Trgt 2 

H5 12532     Trgt 1

H4 12515     Long breakout 

H3 12494     Go Short 

H2 12487

H1 12480

L1 12465

L2 12458

L3 12451     Long 

L4 12430     Short Breakout 

L5 12413     Trgt 1 

L6 12395     Trgt 2

Pre-Closing Outlook(10-12-2012)

Short term correction was updated in following topic on 08-12-2012 and it was seen today:-

Rally after Short Term Correction

Sideways narrow range trading with mixed intraday trading patterns between 5889-5918 today. As good selling last Friday therefore minor slipping possibility is alive and support getting possibility is at or near about next support range(5839-5860).

NIFTY-Dec F&O-1st Selling of 10-12-2012-Trade

NIFTY-Dec Fut-Sell-Intraday/Positional-SL-5976 & TGT-5896-CMP-5949(Dec Fut-Rates are given for all trading)(Lalit39)

NIFTY-Dec F&O-1st Selling of 10-12-2012-Trade

NIFTY-Dec Put Options(5900-6000)-Buy(Positional)-SL-5976 & TGT-5896-CMP-5936(Dec Fut-Rates are given for all trading)(Lalit39)