CRUDEOIL-Feb Fut-1st Intraday/Positional Selling of 15-02-2013-Covering

CRUDEOIL-Feb Fut-1st Intraday/Positional-Sold on 15-02-2013-Cover and book profit immediately-CMP-5224(Lalit39)

DATA UPDATE

As following data therefore CRUDEOIL is up but finally down is expected because higher levels selling in previous sessions.

7:00pm CAD  Manufacturing Sales m/m  -3.1% -0.4% 1.7%  
USD  Empire State Manufacturing Index  10.0 -2.1 -7.8 
DATA IS WEAK FOR BULLIONS, SLIGHTLY GOOD FOR BASE METALS AND ENERGIES.

CRUDEOIL-Feb Fut-Selling Trade

CRUDEOIL-Feb Fut-Sell-Intraday/Positional-SL-5276 & TGT-5196-CMP-5245(Lalit39)

Pre-Closing Outlook(15-02-2013)

Following lines were told at 12:46 PM in Mid-session Outlook today:-

1- a bounce back can not be ruled out now.
2- today intraday charts are showing consolidation signals therefore Pull back rally expectations turned alive from any level between 5823-5863.

Live Proofs of our accuracy

When Nifty was trading near lower levels then we gave a range of 5823-5863 at 12:46 PM and Nifty reversed from 5,853.90 after new intraday low formation at 01:59 PM and now trading at 5894 after new intraday high formation.

Not only today but our this Blog is full of such accurate daily predictions for the last 3 years and anyone can verify this fact from 'Archive' at the bottom of Blog.

Only a bounce back was expected and it has been seen and follow up moves in the beginning of next week will decide the timings of Pre-Budget rally and its detailed analysis will be updated in Weekly Analysis before next Monday. 

Mid-session Outlook(15-02-2013)

Previous support of 5895 has been broken down and now movement toward Strong support(5823) but sentiment is extremely depressed and Short term indicators are oversold also therefore a bounce back can not be ruled out now. As good selling at higher levels therefore complete consolidation is required for any decisive up move and today intraday charts are showing consolidation signals therefore Pull back rally expectations turned alive from any level between 5823-5863.

Technical Analysis and Market Outlook(15-02-2013)

Nifty-Intra Day Chart (14-Feb-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5930-5937
2- Follow up selling between 5908-5915
3- Whole day actual trading between 5887-5937

Conclusions from intra day chart analysis 

Following topic with next trend deciding crucial levels was posted at 12:47 AM on 14-02-2013:-

Next Trend Decider 5883-5984

Nifty traded exactly within above mentioned between 5,884.55-5,940.20 on 14-02-2013 and closed near lower levels of the day after good selling at higher levels and until Nifty Nifty will not sustain above mentioned selling levels till then next move will not be considered. For next moves same conclusion which was updated in following topic yesterday:- 

Pre-Closing Outlook(14-02-2013)

Just click above both Topic Links for more analysis

GOLD-Apr Fut-Positional Buying of 14-02-2013-Covering

GOLD-Apr Fut-Positional-Bought on 14-02-2013-Cover and book profit immediately.We shall again trade tomorrow-CMP-30460(Lalit39)

NICKEL-Feb Fut-Intraday Selling of 14-02-2013-Covering

NICKEL-Feb Fut-Intraday Selling of 14-02-2013-Cover and book small profit immediately-CMP-984(Lalit39)(Lalit39)

GOLD-Apr Fut-Selling Trade

GOLD-Apr Fut-Sell-Positional-SL-30606 & TGT-30356-CMP-30508(Lalit39)

FII & DII trading activity in Capital Market Segment on FII 14-Feb-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII FII 14-Feb-2013 3365.04 3043.78 321.26

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII FII 14-Feb-2013 1214.65 1463.64 -248.99

FII Trading Data in Derivatives Segment on FII 14-Feb-2013

Nifty Spot-Levels & Trading Strategy for 15-02-2013

Nifty Spot-Levels

R3 5985

R2 5962

R1 5929

Avg 5906

S1 5873

S2 5850

S3 5817

Nifty Spot-Trading Strategy

H6 5952     Trgt 2 

H5 5939     Trgt 1

H4 5926     Long breakout 

H3 5911     Go Short 

H2 5906

H1 5901

L1 5890

L2 5885

L3 5880     Long 

L4 5865     Short Breakout 

L5 5852     Trgt 1 

L6 5839     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 15-02-2013

Nifty(Feb Fut)-Levels

R3 5998

R2 5974

R1 5937

Avg 5913

S1 5876

S2 5852

S3 5815

Nifty(Feb Fut)-Trading Strategy

H6 5961     Trgt 2 

H5 5947     Trgt 1

H4 5933     Long breakout 

H3 5916     Go Short 

H2 5911

H1 5905

L1 5894

L2 5888

L3 5883     Long 

L4 5866     Short Breakout 

L5 5852     Trgt 1 

L6 5838     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 15-02-2013

Bank Nifty(Feb Fut)-Levels

R3 12579.67
R2 12520.33
R1 12430.67
Avg 12371.33
S1 12281.67
S2 12222.33
S3 12132.67

Bank Nifty(Feb Fut)-Trading Strategy

H6 12490     Trgt 2
H5 12456     Trgt 1
H4 12422     Long breakout
H3 12381     Go Short
H2 12368
H1 12354
L1 12327
L2 12313
L3 12300     Long
L4 12259     Short Breakout
L5 12225     Trgt 1
L6 12191     Trgt 2

NICKEL-Feb Fut-Selling Trade

NICKEL-Feb Fut-Sell-Intraday-SL-996 & TGT-906-CMP-988(Lalit39)

CRUDEOIL-Feb Fut-Intraday Selling of 14-02-2013-Covering

CRUDEOIL-Feb Fut-Intraday Selling of 14-02-2013-Cover and book profit immediately-CMP-5227(Lalit39)(Lalit39)

CRUDEOIL-Feb Fut-Positional Selling of 13-02-2013-Covering

CRUDEOIL-Feb Fut-Positional Selling of 13-02-2013-Cover and book profit immediately-CMP-5226(Lalit39)(Lalit39)

Pre-Closing Outlook(14-02-2013)

Although new intraday low formation at 02:39 PM but selling was updated at 02:01 PM in Mid-session Outlook-2 and now more down moves toward 5923 are expected after higher levels selling today.

Mid-session Outlook-2(14-02-2013)

As volatility after Inflation news and SBI Quarterly results as well as sentiment changes sharply in such type of news based markets therefore final view will be formed after stabilizing of markets and intraday charts patterns formations. At present some selling signals are being seen only.

SILVER-Mar Fut-Positional Selling of 13-02-2013-Covering

SILVER-Mar Fut-Positional-Sold on 13-02-2013-Cover and book profit immediately-CMP-57294(Lalit39)

Mid-session Outlook(14-02-2013)

Inflation in Jan 6.62% vs 7.18% and at 3 years lowest as well therefore markets recovered from lower levels but both higher and lower levels are capped and more consolidation is required for moving above yesterday highs because good selling at higher levels yesterday. Same view at this moment which has already been updated in following topic yesterday:-

Next Trend Decider 5883-5984