ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥


Trading "calls" from our "Software" with more than "90% accuracy"

More than "12 years" old "only site of whole world" 
with more than "9700 accurate Outlooks" of 
"Indian Stock Markets" 
Nifty Target at 8616.90

Wishing You and yours family  Bright, Prosperous, Successful, Healthy & Happy New Year 2013

Nifty-Weekly Chart (04-Jan-2013):-
Just click on chart for its enlarged view
Technical Patterns and Formations in Weekly charts

1- 6357.10 on 08-01-2008(All time high formation)
2- 2252.75 on 27-10-2008(Wave-1 begining after 2008 correction completion)
3- 6338.50 on 05-11-2010(Wave-1 completion and Corrective Wave-2 begining)
4- Wave-1 gained 4085.75 points.
5- 4531.15 on 20-12-2011(Impulsive Wave-3 beginning after 13 Months Wave-2 correction completion)
6- Impulsive Wave-3 is on.

Conclusions from Weekly chart analysis 

Impulsive Wave-3 started after Wave-2 correction completion on 20-12-2011 therefore whole 2012 was Bullish year. As per Elliot Wave theory Wave-3 should never be shorter than both Wave-1 and Wave-5 therefore Wave-3 will gain minimum 4085.75 points. Wave-3 started from 4531.15 and according to Elliot Wave theory its minimum target will be:-

4531.15+4085.75=8616.90 

Impulsive Wave-3 is on and its Waves structure is as follows:-

Nifty-EOD Chart (04-Jan-2013):-
Just click on chart for its enlarged view
Technical Patterns and Formations in EOD charts

1- 4531.15 on 20-12-2011(Rally beginning after 13 Months correction completion)
2- Wave-1 completion(5629.95 on 22-02-2012)
3- Wave-2 completion(4770.35 on 04-06-2012)
4- Wave-3 of Wave-3 is on

Conclusions from EOD chart analysis 

Indian markets are completely Bullish and both impulsive Waves-3 are in progress towards 8616.90. Although tough to accept above mentioned technical target of Nifty but Indian economy is growing and Stock Markets always reflect economic growth. Until Indian markets are Bullish till then minimum target of Nifty is always alive at 8616.90. Following rally of Brazil and Japan are showing the power of Bull Markets:-

1- Bovespa(Brazil Index) was at 375 in Jan 1994 and reached 71924 in Jan 2011.
2- Nikkei 225(Japan Index) was less than 10,000 in 1985 and its reached near 40,000 in 1990.

This fact should also be kept in mind that Nikkei 225 moved below 7,000 in 2008 and unimaginable lower levels are also possible in Bear Phase therefore strict stop loss must be maintained by all investors and traders.

Now we shifts towards micro analysis and understand internal waves structures of Wave-3 of Wave-3:-

Nifty-EOD Chart (04-Jan-2013):-
Just click on chart for its enlarged view
Technical Patterns and Formations in EOD charts

1- 4770.35 on 04-06-2012(Corrective Wave-2 completion and impulsive Wave-3 beginning)
2- 5348.55 on 10-07-2012(Sub Wave-1)
3- Sub Wave-1 gained 578.20 points
4- 5032.40 on 26-07-2012(Sub Wave-2)
5- 5815.35 on 05-10-2012(Sub Wave-3)
6- Sub Wave-3 gained 782.95 points
7- 5548.35 on 20-11-2012(Sub Wave-4)
8- Sub Wave-5 of Wave-3 is on

Conclusions from EOD chart analysis 

Impulsive Sub Wave-5 of Wave-3 is on after Sub Wave-4 correction completion with Bullish Flag formation therefore strong up moves will be seen. As per   Elliot Wave theory Wave-3 should never be shorter than both Wave-1 and Sub Wave-5. Sub Wave-3 gained 782.95 points as per theory Sub Wave-5 will gain less than 782.95 point from the bottom of Wave-4(5548.35) therefore Sub Wave-5 maximum target will be less than 6331.30(5548.35+782.95). Previous tops above 6000 are as follows:-

1- 6357.10 on 08-01-2008.
2- 6338.50 on 05-11-2010.

Conclusions (After Putting All Studies Together)

From longer to shorter all trends are Bullish and Sub Wave-5 of Wave-3 is on. Expected that Sub Wave-5 will not gain less than 61.8%(6031) of Sub Wave-3 gains and Sub Wave-5 targets should be between 6031-6331. Usually Wave-5 of any degree moves faster therefore rally will be forceful. As on going Sub Wave-5 rally possible maximum target is near 6331 therefore Triple Top formation may be seen and after the completion of Sub Wave-5 complete correction of impulsive Wave-3 will be seen which started from 4770.35 but Wave-3 which started  from 4531.15 on 20-12-2012 will remain continued because it has to move up minimum 4085.75 points and its target is at 8616.90.

It seems that now Wave-1 of Wave-3(started from 4531.15) is continued and 2 more impulsive Waves(Wave-3 and Wave-5) will be seen to test 8616.90. These targets are for Long term investors and Financial institutions. Markets takes its own time and Stock Rally force always depends on Economic growth and pace of Corporate earnings also.

As all things are on track therefore minimum 8616.90 will be seen in the coming years.

FII Trading Data in Derivatives Segment on 04-Jan-2013


FII & DII trading activity in Capital Market Segment on 04-Jan-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII04-Jan-20133187.892023.481164.41

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII04-Jan-20131148.551973.95-825.4

Indian Stock Markets Closing Reports(04-Jan-2013)

Main features of today trading are as follows

1- Benchmark Indices closed flat.
2- Midcap and Smallcap closed with sufficiently good gains.
3- Bullish Hammer Candle formations.

Ratios

Index Options Put Call Ratio: 1.19
Total Options Put Call Ratio: 1.07
Nifty P/E Ratio(04-Jan-2013): 18.86

Advances & Declines

BSE Advances : 1,472 
BSE Declines : 1,478 
NSE Advances :   891
NSE Declines :   877

Nifty Open Interest Changed Today

Nifty- 5700 CE(Jan)- -13,750(-1.30%)
Nifty- 5700 PE(Jan)-  527,800(9.02%)

Nifty- 5800 CE(Jan)- -165,150(-6.83%)
Nifty- 5800 PE(Jan)-  152,700(2.70%)

Nifty- 5900 CE(Jan)- -311,550(-6.20%)
Nifty- 5900 PE(Jan)-  456,800(11.41%)

Nifty- 6000 CE(Jan)- 297,800(6.31%)
Nifty- 6000 PE(Jan)- 220,000(14.26%)

Closing 

Sensex- closed at 19,784.08(19.30- Points & 0.10%)
Nifty- closed at 6,016.15(6.65 Points & 0.11%)
CNX Midcap - closed at 8,746.95(51.35 Points & 0.59%)
CNX Smallcap- closed at 3,879.40(25.25 Points & 0.66%)

Nifty Spot-Levels & Trading Strategy for 07-01-2013

Nifty Spot-Levels

R3 6069
R2 6044
R1 6030
PIVOT 6005
S1 5991
S2 5966
S3 5952

Nifty Spot-Trading Strategy

H6 6055     Trgt 2 
H5 6046     Trgt 1
H4 6037     Long breakout 
H3 6026     Go Short 
H2 6023
H1 6019
L1 6012
L2 6008
L3 6005     Long 
L4 5994     Short Breakout 
L5 5985     Trgt 1 
L6 5976     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 07-01-2013

Nifty(Jan Fut)-Levels

R3 6102
R2 6077
R1 6062
PIVOT 6037
S1 6022
S2 5997
S3 5982

Nifty(Jan Fut)-Trading Strategy

H6 6088     Trgt 2 
H5 6079     Trgt 1
H4 6070     Long breakout 
H3 6059     Go Short 
H2 6055
H1 6051
L1 6044
L2 6040
L3 6037     Long 
L4 6026     Short Breakout 
L5 6016     Trgt 1 
L6 6007     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 07-01-2013

Bank Nifty(Jan Fut)-Levels

R3 13037
R2 12960
R1 12914
PIVOT 12837
S1 12791
S2 12714
S3 12668

Bank Nifty(Jan Fut)-Trading Strategy

H6  12993    Trgt 2 
H5  12964    Trgt 1
H4  12936    Long breakout 
H3  12902    Go Short 
H2  12891
H1  12880
L1  12857
L2  12846
L3  12835      Long 
L4  12801    Short Breakout 
L5  12773    Trgt 1 
L6  12744    Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Jan 07 to Jan 11,2013)

Nifty Spot-Weekly Levels

R3 6181
R2 6100
R1 6058
PIVOT 5977
S1 5935
S2 5854
S3 5812

Nifty Spot-Weekly Trading Strategy 

H6 6141     Trgt 2 
H5 6112     Trgt 1
H4 6083     Long breakout 
H3 6049     Go Short 
H2 6038
H1 6027
L1 6004
L2 5993
L3 5982     Long 
L4 5948     Short Breakout 
L5 5919     Trgt 1 
L6 5890    Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Jan 07 to Jan 11,2013)

Bank Nifty Spot-Weekly Levels

R3 13350
R2 13094
R1 12940
PIVOT 12684
S1 12530
S2 12274
S3 12120

Bank Nifty Spot-Weekly Trading Strategy 

H6 13208     Trgt 2 
H5 13110     Trgt 1
H4 13012     Long breakout 
H3 12899     Go Short 
H2 12862
H1 12824
L1 12749
L2 12711
L3 12674     Long 
L4 12561     Short Breakout 
L5 12463     Trgt 1 
L6 12365     Trgt 2

Mid-session Outlook(04-01-2013)

Following trading range was given yesterday at 09:41 AM in Post-open Outlook(03-01-2013):-

5982-6017

Above trading range was given in all the Outlooks yesterday and since then Nifty traded between

 5981.55-6016.

Following line was told today at 10:11:00 AM in Post-open Outlook(04-01-2013)

"As Bull markets does not correct very deep therefore following 2 supports will be firstly" watched:-

1- 5984
2- 5965

Nifty got support at 5981.55 today with lower levels consolidation patterns also therefore strong indications of up moves after very Short Term correction completion and next trend confirmation range will be valid break out of 5981-6017.

Post-open Outlook(04-01-2013)

Although gap up opening yesterday but we told only for down moves yesterday and Indian markets are down today as well as again proved all our predictions 100% accurate. We told following lines yesterday:-

1- We told at 09:41 AM in Post-open Outlook(03-01-2013)- "possibility of firstly slipping"
2- We told at 10:10 AM in Post-open Outlook-2(03-01-2013)- "good selling was seen within it yesterday"
2- We told in Technical Analysis and Market Outlook(04-01-2013)- " possibility of very short term down moves"

All trends are up and only very short term down moves were expected which were seen today because intraday selling formations and development of resistance within 6000-6012 in last 2 sessions.  Until Nifty will not  sustain above 6012 till then next up move will be considered and follow up moves will decide the life of today started correction. As Bull markets does not correct very deep therefore following 2 supports will be firstly watched:-

1- 5984
2- 5965

Technical Analysis and Market Outlook(04-01-2013)

Nifty-Intra Day Chart (03-Jan-2013):-
Just click on chart for its enlarged view
Technical Patterns and Formations in today intraday charts

1- Selling between 6004-6012
2- Up moves in Rising Channel which is Bearish Pattern.
2- Support between 5995-5998
3- Whole day actual trading between 5986-6014 

Conclusions from intra day chart analysis 

Some supports at lower levels and selling at higher levels with intraday Up moves in Rising Channel which is Bearish Pattern therefore possibility of very short term  down moves because intraday selling was seen also yesterday within today trading range.

Last 2 sessions trading between 5982-6017 with lower levels supports and higher levels selling therefore valid break out of this range will decide next very Short Term Trend.

FII Trading Data in Derivatives Segment on 03-Jan-2013


FII & DII trading activity in Capital Market Segment on 03-Jan-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII03-Jan-20133089.481692.111397.37

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII03-Jan-2013996.461902.42-905.96

Indian Stock Markets Closing Reports(03-Jan-2013)

Main features of today trading are as follows

1- Benchmark Indices closed positive.
2- Most Indices closed positive but BANK NIFTY,FMCG and AUTO closed in Red. 
3- Hanging Man / Dragonfly Doji Bearish Candle formation

Ratios

Index Options Put Call Ratio: 1.16
Total Options Put Call Ratio: 1.05
Nifty P/E Ratio(03-Jan-2013):18.80

Advances & Declines

BSE Advances : 1,708
BSE Declines : 1,269  
NSE Advances : 1,060
NSE Declines :   720  

Nifty Open Interest Changed Today

Nifty- 5800 CE(Jan)- -15,750(-1.47%)
Nifty- 5800 PE(Jan)- -121,300(-2.03%)

Nifty- 5900 CE(Jan)- -48,250(-1.96%)
Nifty- 5900 PE(Jan)-  663,100 (13.31%)

Nifty- 6000 CE(Jan)- -218,100(-4.16%)
Nifty- 6000 PE(Jan)-  630,600(18.69%)

Nifty- 6100 CE(Jan)-  196,350(4.34%)
Nifty- 6100 PE(Jan)-  77,700(5.30%)

Closing 

Sensex- closed at 19,764.78(50.54 Points & 0.26%)
Nifty- closed at 6,009.50(16.25 Points & 0.27%)
CNX Midcap - closed at 8,695.60(62.05 Points & 0.72%)
CNX Smallcap- closed at 3,854.15(44.75 Points & 1.17%)

Nifty Spot-Levels & Trading Strategy for 04-01-2013

Nifty Spot-Levels

R3 6053
R2 6035
R1 6022
Avg 6004
S1 5991
S2 5973
S3 5960

Nifty Spot-Trading Strategy

H6  6040    Trgt 2 
H5  6033    Trgt 1
H4  6026    Long breakout 
H3  6017    Go Short 
H2  6014
H1  6011
L1  6006
L2  6003
L3  6000    Long 
L4  5991    Short Breakout 
L5  5984    Trgt 1 
L6  5977    Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 04-01-2013

Nifty(Jan Fut)-Levels

R3 6088
R2 6073
R1 6056
Avg 6041
S1 6024
S2 6009
S3 5992

Nifty(Jan Fut)-Trading Strategy

H6 6071     Trgt 2
H5 6063     Trgt 1
H4 6056     Long breakout
H3 6047     Go Short
H2 6044
H1 6041
L1 6036
L2 6033
L3 6030     Long
L4 6021     Short Breakout
L5 6014     Trgt 1
L6 6006     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 04-01-2013

Bank Nifty(Jan Fut)-Levels

R3 13012
R2 12961
R1 12906
Avg 12855
S1 12800
S2 12749
S3 12694

Bank Nifty(Jan Fut)-Trading Strategy

H6 12958     Trgt 2 
H5 12934     Trgt 1
H4 12910     Long breakout 
H3 12881     Go Short 
H2 12871
H1 12861
L1 12842
L2 12832
L3 12822     Long 
L4 12793     Short Breakout 
L5 12769     Trgt 1 
L6 12745     Trgt 2

Pre-Closing Outlook(03-01-2013)

Following trading range was given within 1 st hour today in both Post-open Outlooks:-

5982-6017

Nifty traded whole day within it with mixed intraday formations and valid break out of this range will decide next very Short Term Trend.

Post-open Outlook-2(03-01-2013)

As Asian markets are mixed and not blasting today despite strong closing in US and European markets yesterday therefore Indian markets hovering around yesterday trading range because good selling was seen within it yesterday and consolidation is firstly required for any decisive up moves above yesterday highs(6006).

Good selling seen yesterday and follow up moves today will decide next immediate market.,following range will be firstly watched for next immediate moves confirmations.

5982-6017

Post-open Outlook(03-01-2013)

Although gap up opening but consolidation is required therefore possibility of firstly slipping and following range will be watched:-

5982-6017

Technical Analysis and Market Outlook(03-01-2013)

Nifty-Intra Day Chart (02-Jan-2013):-
Just click on chart for its enlarged view
Technical Patterns and Formations in today intraday charts

1- Lower levels buying.
2- Higher levels selling.
3- Higher Bottoms(B1 to B4) formations.
4- Lower tops(T1 to T3) formations.
5- Last 3 hours down moves in Falling channel(Bullish Pattern)
5- Whole day actual trading between 5985-6006 

Conclusions from intra day chart analysis 

21 Points whole day range bound trading between 5985-6006 after gap up opening. Although both lower levels buying and higher levels selling but last 3 hours down moves in Falling channel which is Bullish formation therefore indications of up moves continuation. 

21 Sessions sideways trading range(5823-5965) broken out forcefully today and with this all trends turned up and impulsive Sub Wave-5 of Wave-3 continuation also therefore Bulls will rule Indian Stock Markets. As some intraday selling seen today therefore consolidation is required and that may also be firstly seen because Bullish markets consolidates at higher levels.

Global Party is on and Dow Jones made double century after European markets more than 2% positive closing. Such strong Asian markets tomorrow will mean again gap up opening and rally continuation after higher levels consolidations.

FII Trading Data in Derivatives Segment on 02-Jan-2013


FII & DII trading activity in Capital Market Segment on 02-Jan-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII02-Jan-20132341.671234.011107.66

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII02-Jan-20131271.091688.5-417.41

Indian Stock Markets Closing Reports(02-Jan-2013)

Main features of today trading are as follows

1- Sideways intraday trading after gap up strong opening.
2- Most Indices closed in Green except FMCG,IT and REALTY.
3- White candle formations.

Ratios

Index Options Put Call Ratio: 0.96
Total Options Put Call Ratio: 0.91
Nifty P/E Ratio(02-Jan-2013):18.72

Advances & Declines

BSE Advances : 1,769
BSE Declines : 1,201 
NSE Advances : 1,107
NSE Declines :   643

Nifty Open Interest Changed Today

Nifty- 5800 CE(Jan)- -35,700(-3.23%)
Nifty- 5800 PE(Jan)-  487,400(8.88%)

Nifty- 5900 CE(Jan)- -272,850(-9.96%)
Nifty- 5900 PE(Jan)-  364,900(7.90%)

Nifty- 6000 CE(Jan)- -702,350(-11.82%)
Nifty- 6000 PE(Jan)-  113,350(3.48%)

Nifty- 6100 CE(Jan)-  14,000(0.31%)
Nifty- 6100 PE(Jan)-  825,950(129.13%)

Closing 

Sensex- closed at 19,714.24(133.43 Points & 0.68%)
Nifty- closed at 5,993.25(42.40 Points & 0.71%)
CNX Midcap - closed at 8,633.55(31.05 Points & 0.36%)
CNX Smallcap- closed at 3,074.00(21.00 Points & 0.69%)

Nifty Spot-Levels & Trading Strategy for 03-01-2013

Nifty Spot-Levels

R3 6029
R2 6017
R1 6005
Avg 5993
S1 5981
S2 5969
S3 5957

Nifty Spot-Trading Strategy

H6 6017     Trgt 2 
H5 6011     Trgt 1
H4 6006     Long breakout 
H3 5999     Go Short 
H2 5997
H1 5995
L1 5990
L2 5988
L3 5986     Long 
L4 5979     Short Breakout 
L5 5974     Trgt 1 
L6 5968     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 03-01-2013

Nifty(Jan Fut)-Levels

R3 6095
R2 6072
R1 6053
Avg 6030
S1 6011
S2 5988
S3 5969

Nifty(Jan Fut)-Trading Strategy

H6 6077     Trgt 2 
H5 6067     Trgt 1
H4 6058     Long breakout 
H3 6046     Go Short 
H2 6042
H1 6038
L1 6031
L2 6027
L3 6023     Long 
L4 6011     Short Breakout 
L5 6002     Trgt 1 
L6 5992     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 03-01-2013

Bank Nifty(Jan Fut)-Levels

R3 13006
R2 12954
R1 12914
Avg 12862
S1 12822
S2 12770
S3 12730

Bank Nifty(Jan Fut)-Trading Strategy

H6 12966     Trgt 2 
H5 12945     Trgt 1
H4 12924     Long breakout 
H3 12899     Go Short 
H2 12890
H1 12882
L1 12865
L2 12857
L3 12848     Long 
L4 12823     Short Breakout 
L5 12802     Trgt 1 
L6 12781     Trgt 2

Pre-Closing Outlook(02-01-2013)

Range bound trading within 20 points with lower levels buying and higher levels selling as well as higher bottom and lower top formations. Although intraday down moves in last 3 hours but in falling channel which is Bullish pattern therefore indicating of up moves continuation and today trading range(5986-6006) break out will be firstly watched for next immediate move confirmation.

Mid-session Outlook-2(02-01-2013)

As lower top formation seen in last half hour therefore view turned cautious now and today trading range(5986-6006) break out will be firstly watched for next immediate move confirmations because both buying and selling formations seen in today intraday charts.

Mid-session Outlook(02-01-2013)

Although Nifty slipped from higher levels but it may be part of consolidation also because Sentiment is heated today and selling at higher levels will not be considered at this moment.

Post-open Outlook(02-01-2013)

Indian markets are more than 1% up in first 2 sessions of 2012 and proved our following topic accurate which was posted on 29-12-2012. Just click following topic link and understand technical reasons of on going rally which was started in Dec 2011:-


Following line has also proved accurate which was told yesterday in Technical Analysis and Market Outlook(02-01-2013)

Rally continuation above 5965 is finally expected after 21 sessions sideways correction completion

Although today up moves were expected after some more consolidations but sentiment turned strong after positive global markets today morning and higher levels consolidation will be seen now after gap up opening today.

As some more consolidation is required therefore fresh long positions should be created after intraday correction completion.

Technical Analysis and Market Outlook(02-01-2013)

Nifty-Intra Day Chart (01-Jan-2013):-
Just click on chart for its enlarged view
Technical Patterns and Formations in today intraday charts

1- Consolidation between 5936-5951.
3- Selling between 5957-5964
2- Selling between 5953-5957
4- Most time trading between 5943-5964 
5- Whole day actual trading between 5936-5964 

Conclusions from intra day chart analysis 

Although strong gap up opening today on the back of bullish news of US Senate passing bill to avert 'fiscal cliff' and strong rally in US markets yesterday but last 2 hours intraday patterns showed selling formations also therefore some more consolidations and  valid break out above 5965 is must in the coming sessions for strong blasting rally above 5965.

28 Nifty points narrow range trading with lower levels consolidations and higher levels selling today. As both buying and selling therefore Indian markets are not prepared for any side decisive moves and will prepare for next trend in the coming sessions.

Rally continuation above 5965 is finally expected after 21 sessions sideways correction completion and Nifty will firstly hover around today trading range as well as prepare for next trend. As sustaining beyond today trading range(5936-5964) will be next trend confirmation therefore its valid break out should be firstly watched tomorrow.  

FII & DII trading activity in Capital Market Segment on 01-Jan-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII01-Jan-2013885.51220.46665.05

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII01-Jan-2013857.631263.77-406.14

Indian Stock Markets Closing Reports(01-Jan-2013)

Main features of today trading are as follows

1- All the Indices closed in green.
2- Whole day positive zone trading.
3- White Candle formation.

Ratios

Nifty P/E Ratio(01-Jan-2013): 18.58

Advances & Declines

BSE Advances : 1,923 
BSE Declines :   981
NSE Advances : 1,225
NSE Declines :   489

Nifty Open Interest Changed Today

Nifty- 5800 CE(Jan)- -38,650(-3.37%)
Nifty- 5800 PE(Jan)- 307,550(5.87%)

Nifty- 5900 CE(Jan)- -41,500(-1.45%)
Nifty- 5900 PE(Jan)-  800,000(20.33%)

Nifty- 6000 CE(Jan)- 468,600(8.51%)
Nifty- 6000 PE(Jan)- 770,050(30.74%)

Nifty- 6100 CE(Jan)- 178,900(4.11%)
Nifty- 6100 PE(Jan)- 30,500(4.98%)

Closing 

Sensex- closed at 19,580.81(154.10 Points & 0.79%)
Nifty- closed at 5,950.85(45.75 Points & 0.77%)
CNX Midcap - closed at 8,602.50(97.40 Points & 1.15%)
CNX Smallcap- closed at 3,770.60(60.45 Points & 1.63%)

Nifty Spot-Levels & Trading Strategy for 02-01-2013

Nifty Spot-Levels

R3 5991
R2 5977
R1 5963
Avg 5949
S1 5935
S2 5921
S3 5907

Nifty Spot-Trading Strategy

H6 5978     Trgt 2
H5 5971     Trgt 1
H4 5965     Long breakout
H3 5957     Go Short
H2 5955
H1 5952
L1 5947
L2 5944
L3 5942     Long
L4 5934     Short Breakout
L5 5928     Trgt 1
L6 5921     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 02-01-2013

Nifty(Jan Fut)-Levels

R3 6089
R2 6053
R1 6030
Avg 5994
S1 5971
S2 5935
S3 5912

Nifty(Jan Fut)-Trading Strategy

H6 6066     Trgt 2 
H5 6052     Trgt 1
H4 6039     Long breakout 
H3 6023     Go Short 
H2 6017
H1 6012
L1 6001
L2 5996
L3 5990     Long 
L4 5974     Short Breakout 
L5 5961     Trgt 1 
L6 5947     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 02-01-2013

Bank Nifty(Jan Fut)-Levels

R3 12968
R2 12872
R1 12819
Avg 12723
S1 12670
S2 12574
S3 12521

Bank Nifty(Jan Fut)-Trading Strategy

H6 12917     Trgt 2 
H5 12883     Trgt 1
H4 12848     Long breakout 
H3 12807     Go Short 
H2 12794
H1 12780
L1 12753
L2 12739
L3 12726     Long 
L4 12685     Short Breakout 
L5 12650     Trgt 1
L6 12616     Trgt 2

Pre-Closing Outlook(01-01-2013)

As bullish news of US Senate passing bill to avert 'fiscal cliff' and strong rally in US markets yesterday therefore sentiment heated and whole day positive zone trading today. Trading between 5936-5963 today with lower levels consolidations and last 2 hours patterns are showing selling formations also therefore only some more consolidations and  valid break out above 5965 is must in the coming sessions for strong blasting rally.

Mid-session Outlook(01-01-2013)

As First 3 hours intraday consolidation patterns formations between 5936-5951 today therefore rally continuation above 5965 is expected after 20 sessions sideways correction completion.

Post-open Outlook(01-01-2013)

As most of the time intraday consolidation patterns yesterday therefore following line was told yesterday in Technical Analysis and Market Outlook(01-01-2013)

"Indian markets will be positive after Green opening tomorrow"

Positive zone trading after gap up opening today and Nifty is trading between 5936-5951 which is within strong resistance range(5904-5965). Although more consolidation is required for mentioned resistance range break out above 5965 but sentiment is heated today morning therefore profit booking possibility will also be kept in mind and following ranges will be firstly watched:-

1- For next immediate moves confirmation: 5936-5951. 
2- For next rally confirmation: valid break out of 5965.

Happy New Year 2013


Technical Analysis and Market Outlook(01-01-2013)

Nifty-Intra Day Chart (31-Dec-2012):-
Just click on chart for its enlarged view
Technical Patterns and Formations in today intraday charts

1- Most time trading between 5898-5910.
2- Lower levels support between 5898-5902.
3- First more than 3 hours consolidation patterns.
4- Minor selling in last hour.
5- Whole day actual trading between 5898-5915. 

Conclusions from intra day chart analysis 

Long Term Trend is up,Intermediate and Short Term Trends are sideways for the last 20 Sessions between 5823-5965. Technical positions within this range are as follows:-

1- Supports between 5823-5865 
2- Resistances between 5904-5965

Most of the time narrow range quiet trading within 12 points between 5898-5910 today with most of the time intraday consolidation patterns. Although Nifty slipped to intraday lowest levels in last minutes but good consolidation seen between 20 Sessions resistance range today therefore up moves hopes turned alive. As strong resistances above today trading range therefore follow up consolidation is also required tomorrow and in the coming sessions for valid break out above 5965.

Expected that finally rally above 5965 will be seen after follow up consolidation and Indian markets will be positive after Green opening tomorrow. 

Indian Stock Markets Closing Reports(31-Dec-2012)

Main features of today trading are as follows

1- Benchmark Indices closed flat with minor loss.
2- Midcap and Smallcap closed with sufficient gains.
3- Doji Candle formation.

Ratios

Index Options Put Call Ratio: 1.07
Total Options Put Call Ratio: 0.99
Nifty P/E Ratio(31-Dec-2012):18.44

Advances & Declines

BSE Advances : 1,563
BSE Declines : 1,317 
NSE Advances :   964 
NSE Declines :   747 

Nifty Open Interest Changed Today

Nifty- 5800 CE(Jan)- 13,900(1.23%)
Nifty- 5800 PE(Jan)- 457,800(9.57%)

Nifty- 5900 CE(Jan)- 113,950(4.16%)
Nifty- 5900 PE(Jan)- 232,950(6.29%)

Nifty- 6000 CE(Jan)- 471,250(9.36%)
Nifty- 6000 PE(Jan)- 157,900(6.73%)

Nifty- 6100 CE(Jan)- 600,800(16.02%)
Nifty- 6100 PE(Jan)- 17,050(2.87%)

Closing 

Sensex- closed at 19,426.71(-18.13 Points & -0.09%)
Nifty- closed at 5,905.10(-3.25 Points & -0.06%)
CNX Midcap - closed at 8,505.10(36.65 Points & 0.43%)
CNX Smallcap- closed at 3,710.15(25.05 Points & 0.68%)

FII Trading Data in Derivatives Segment on 31-Dec-2012


FII & DII trading activity in Capital Market Segment on 31-Dec-2012

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII31-Dec-20121578.97752.63826.34

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII31-Dec-2012911.941112.91-200.97

Nifty Spot-Levels & Trading Strategy for 01-01-2013

Nifty Spot-Levels

R3 5939
R2 5929
R1 5917
Avg 5907
S1 5895
S2 5885
S3 5873

Nifty Spot-Trading Strategy

H6 5927     Trgt 2
H5 5922     Trgt 1
H4 5917     Long breakout
H3 5911     Go Short
H2 5909
H1 5907
L1 5902
L2 5900
L3 5898     Long
L4 5892     Short Breakout
L5 5887     Trgt 1
L6 5882     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 01-01-2013

Nifty(Jan Fut)-Levels

R3 6009
R2 5994
R1 5972
Avg 5957
S1 5935
S2 5920
S3 5898

Nifty(Jan Fut)-Trading Strategy

H6 5988     Trgt 2
H5 5979     Trgt 1
H4 5971     Long breakout
H3 5961     Go Short
H2 5957
H1 5954
L1 5947
L2 5944
L3 5940     Long
L4 5930     Short Breakout
L5 5922     Trgt 1
L6 5913     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 01-01-2013

Bank Nifty(Jan Fut)-Levels

R3 12702
R2 12658
R1 12617
Avg 12573
S1 12532
S2 12488
S3 12447

Bank Nifty(Jan Fut)-Trading Strategy

H6 12661     Trgt 2 
H5 12642     Trgt 1
H4 12622     Long breakout 
H3 12599     Go Short 
H2 12591
H1 12583
L1 12568
L2 12560
L3 12552     Long 
L4 12529     Short Breakout 
L5 12509     Trgt 1 
L6 12490     Trgt 2

CRUDEOIL-JAN Fut-Positional-Sold on 27-Dec-2012-Covering

CRUDEOIL-JAN Fut-Positional-Sold on 27-Dec-2012-Cover and book profit immediately-CMP-4985

Just click following topic link for verification of original call

CRUDEOIL-JAN Fut-Selling Trade

Pre-Closing Outlook(31-12-2012)

Although most of the time narrow range quiet trading within 12 points between 5898-5910 with intraday consolidation patterns but intraday volatility after 02:30 PM and also slipping from higher levels as well as again trading within previous range(5898-5910). As some selling patterns also seen after 02:30 PM after previous consolidations therefore mixed intraday patterns and valid break out of today trading range(5898-5919) should be firstly watched tomorrow for next moves confirmations.

Post-open Outlook(31-12-2012)

Last 3 hours narrow range quiet trading within 12 points between 5898-5910 with intraday consolidation patterns and valid break out of following levels should be firstly watched for:-

1- 5917 for next up moves strong indication.
2- 5965 for next rally confirmation.

As consolidation going on therefore Nifty may slip without force and support getting near about next support(5880) should also be watched for supports getting confirmations.