| FII trading activity on NSE and BSE on Capital Market Segment | |||||||||||||||||
| The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 10-Mar-2011. | |||||||||||||||||
| |||||||||||||||||
| Domestic Institutional Investors trading activity on NSE and BSE on Capital Market Segment | |||||||||||||||||
| The following is combined Domestic Institutional Investors trading data across NSE and BSE collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System on 10-Mar-2011. | |||||||||||||||||
| |||||||||||||||||
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
FII & DII trading activity in Capital Market Segment on 10-03-2011
Nifty Spot-Levels & Trading Strategy for 11-03-2011
Nifty Spot-Levels
R3 5565
R2 5540
R1 5517
Avg 5492
S1 5469
S2 5444
S3 5421
Nifty Spot-Trading Strategy
H6 5542 Trgt 2
H5 5531 Trgt 1
H4 5520 Long breakout
H3 5507 Go Short
H2 5502
H1 5498
L1 5489
L2 5485
L3 5480 Long
L4 5467 Short Breakout
L5 5456 Trgt 1
L6 5445 Trgt 2
Nifty(Mar Fut)-Levels & Trading Strategy for 11-03-2011
R3 5573
R2 5544
R1 5524
Avg 5495
S1 5475
S2 5446
S3 5426
Nifty(Mar Fut)-Trading Strategy
H6 5553 Trgt 2
H5 5542 Trgt 1
H4 5530 Long breakout
H3 5517 Go Short
H2 5512
H1 5508
L1 5499
L2 5495
L3 5490 Long
L4 5477 Short Breakout
L5 5465 Trgt 1
L6 5454 Trgt 2
Bank Nifty(Mar Fut)-Levels & Trading Strategy for 11-03-2011
R3 11165
R2 11066
R1 10972
Avg 10873
S1 10779
S2 10680
S3 10586
Bank Nifty(Mar Fut)-Trading Strategy
H6 11072 Trgt 2
H5 11028 Trgt 1
H4 10984 Long breakout
H3 10931 Go Short
H2 10913
H1 10895
L1 10860
L2 10842
L3 10824 Long
L4 10771 Short Breakout
L5 10727 Trgt 1
L6 10683 Trgt 2
Pre-closing outlook(10-03-2011)
Dow's futures is more than 100 points,all the Asian markets closed in Red,all European markets are also 1% down. Indian markets are also weak and trading within 5470-5500 with intraday support within 5470-5480 today. Last 2 sessions consolidation within 5500-5530 and today negative trading is only the impact of Qaddafi Strikes on Oil Targets.
As intraday charts not showed selling today and support at lower levels also therefore until Nifty will not dip and sustain below below 5470 till then view will not be bearish. Technically bullish indications but worsening geopolitical situation is main hurdle. View is bullish and let some more bullish confirmations come then will be posted accordingly.
As intraday charts not showed selling today and support at lower levels also therefore until Nifty will not dip and sustain below below 5470 till then view will not be bearish. Technically bullish indications but worsening geopolitical situation is main hurdle. View is bullish and let some more bullish confirmations come then will be posted accordingly.
Qaddafi attack on oil infrastructure triggered global markets down moves today
Mid-session outlook(10-03-2011)
Gaddafi attack on oil infrastructure triggered global markets nevourness and all the Asian markets are .5% to 1.5% down today and Dow's futures trading is also more than 90 points down since morning today.
Just click following link for detailed news:-
"Qaddafi Strikes Oil Targets as Libya’s East-West Split Hardens"
http://www.bloomberg.com/news/2011-03-09/qaddafi-forces-strike-central-oil-ports-as-reward-posted-for-rebel-leader.html
Just watch Nifty sustaining below 5500 for fresh down moves because last 2 sessions consolidations betwen 5500-5530. If Nifty sustains below 4400 and slips below today low at 5468 then it will be down move confirmation.
Post-open outlook(10-03-2011)
US futures is trading more than 90 points down since today morning therefore all the Asian markets are completely depressed since opening today. Intraday charts of last 2 sessions are showing consolidations between 5500-5530 but trading below 5500 today after pressure from global sentiments.
If Nifty sustains below 5500 today then view will be bearish.
If Nifty sustains below 5500 today then view will be bearish.
Pre-open outlook-2(10-03-2011)
All the Asian markets are crashed therefore sentiment is completely dampened and market will trade within negative zone after weak opening. View will be cautious and will be bearish only after sustaining below yesterday 2 days strong support range(5500-5530)
If Nifty sustains below 5500 then be bearish.
Sustained rally above 5600 is on Cards
Follwing fundamental and Technical points are showing weakness in Indian markets:-
1- Long term trend is down,Intermediate term and short term trends are sideways.
2- Libya issue not resolved and Crude price hike risk is still alive.
3- Nifty retraced 2 times from 200 Day EMA(near 5600)
4- Nifty could not cross immediate resistance range(5540-5590) slipped from higher levels yesterday.
Following technical developments are suggesting base formation and begining of rally:-
1- Support near strong support of 5210.
2- Falling channel break out.
3- Support at Falling Channel on 24-02-2011.
4- Higher bottom support at 5432 on 24-02-2011.
5- Up move in rising trend line.
1- EOD chart showing 5 Technical Developments suggesting Rally:-
1- All trends turing up.
2- Begining of rally after 2 months consolidations.
3- Confirmation of corretcion completion which started on diwali-2010.
4- Completion of 4th wave correction.
5- 5th wave begining confirmation after completion of 3 wave correction.
2- 5 Waves Formations in Nifty EOD chart:-
Long tail Doji candle fomation yesterday and it is suggesting equal force of Bulls and Bears but intraday charts of last 3 days are suggetsing consolidations and yesterday slipping from higher levels is a part of consolidation process only. Nest resistance between 5540-5580 but Nifty will consolidate within this range and will cross in the coming sessions.
Libya problems are unresolved but Indian markets showed consolidations and base formations despite disturbance there and crude price hike risk also therefore:-
"Sustained rally above 5600 will be seen in the coming sessions despite whatsoever negative happens in Libya or any where else."
First support range is 5500-5530 and expected that nifty will not dip below it and finally sustain above 5530 and close positive today.
Nifty Spot-Levels & Trading Strategy for 10-03-2011
R3 5656
R2 5609
R1 5570
Avg 5523
S1 5484
S2 5437
S3 5398
Nifty Spot-Trading Strategy
H6 5617 Trgt 2
H5 5598 Trgt 1
H4 5578 Long breakout
H3 5554 Go Short
H2 5546
H1 5538
L1 5523
L2 5515
L3 5507 Long
L4 5483 Short Breakout
L5 5463 Trgt 1
L6 5444 Trgt 2
Nifty(Mar Fut)-Levels & Trading Strategy for 10-03-2011
R3 5678
R2 5625
R1 5583
Avg 5530
S1 5488
S2 5435
S3 5393
Nifty(Mar Fut)-Trading Strategy
H6 5637 Trgt 2
H5 5615 Trgt 1
H4 5593 Long breakout
H3 5567 Go Short
H2 5558
H1 5549
L1 5532
L2 5523
L3 5514 Long
L4 5488 Short Breakout
L5 5466 Trgt 1
L6 5444 Trgt 2
Bank Nifty(Mar Fut)-Levels & Trading Strategy for 10-03-2011
R3 11284
R2 11187
R1 11095
Avg 10998
S1 10906
S2 10809
S3 10717
Bank Nifty(Mar Fut)-Trading Strategy
H6 11193 Trgt 2
H5 11150 Trgt 1
H4 11106 Long breakout
H3 11054 Go Short
H2 11037
H1 11020
L1 10985
L2 10968
L3 10951 Long
L4 10899. Short Breakout
L5 10855 Trgt 1
L6 10812 Trgt 2
Mid-session outlook-2(09-03-2011)
Market firstly slipped after "oil Prices re-Regulation news" and recovered after Petroleum ministery clearification that Govt.has no plans now to regulate petrol prices.
Sudhir Bhargava, additional secretary in India's oil ministry said today that-
"There is no plan to regulate petrol prices now, but there is a provision that if prices go to astronomically high levels then the government may intervene."
Risk of re regulation is over and Nifty is trading below immediate resistance range with support at lower levels today. Intraday charts of today are showing consolidation patterns today and up moves are expected but sustainability above immediate resistance range(5540-5580) is must for decisive rally.
News based voltality may also be seen therefore be cautious.
Sudhir Bhargava, additional secretary in India's oil ministry said today that-
"There is no plan to regulate petrol prices now, but there is a provision that if prices go to astronomically high levels then the government may intervene."
Risk of re regulation is over and Nifty is trading below immediate resistance range with support at lower levels today. Intraday charts of today are showing consolidation patterns today and up moves are expected but sustainability above immediate resistance range(5540-5580) is must for decisive rally.
News based voltality may also be seen therefore be cautious.
Mid-session outlook(09-03-2011)
Indian markets slipped after "oil Prices re-Regulation news" today morning. Market is nervous because this move is an indication of moving back from reform process and it will also increase fiscal deficit due to higher burden of oil subsidy.
Pre-Open Market Outlook(09-03-2011)
1- Next immediate resistance range is 5540-5580 and Nifty sustaining above 5580 will mean maximum possibility of long term and all trends turning up.
2- Sustaing below 5500 will be confirmation of down trend begining.
Crude rates and Middle-East news are creating lot of confusions and causing much voltality in all global markets therefore if Nifty sustais above yesterday range(5000-5025) then it will be strong indication of upmoves today. Yesterday intraday charts are suggesting consolidation and let market prepare today also then final conclusions will be drawn from intraday charts patterns today.
Expected that Nifty will whole day trade,prepare for next moves and close within 5520-5580 today. Yesterday consolidation and today follow up buying after will be strong indication of up moves.
Nifty Spot-Levels & Trading Strategy for 09-03-2011
R3 5611
R2 5570
R1 5545
Avg 5504
S1 5479
S2 5438
S3 5413
Nifty Spot-Trading Strategy
H6 5586 Trgt 2
H5 5571 Trgt 1
H4 5556 Long breakout
H3 5538 Go Short
H2 5532
H1 5526
L1 5513
L2 5507
L3 5501 Long
L4 5483 Short Breakout
L5 5468 Trgt 1
L6 5453 Trgt 2
Nifty(Mar Fut)-Levels & Trading Strategy for 09-03-2011
R3 5649
R2 5598
R1 5567
Avg 5516
S1 5485
S2 5434
S3 5403
Nifty(Mar Fut)-Trading Strategy
H6 5619 Trgt 2
H5 5600 Trgt 1
H4 5581 Long breakout
H3 5558 Go Short
H2 5551
H1 5543
L1 5528
L2 5520
L3 5513 Long
L4 5490 Short Breakout
L5 5471 Trgt 1
L6 5452 Trgt 2
Bank Nifty(Mar Fut)-Levels & Trading Strategy for 09-03-2011
R3 11306
R2 11165
R1 11074
Avg 10933
S1 10842
S2 10701
S3 10610
Bank Nifty(Mar Fut)-Trading Strategy
H6 11220 Trgt 2
H5 11165 Trgt 1
H4 11111 Long breakout
H3 11047 Go Short
H2 11026
H1 11005
L1 10962
L2 10941
L3 10920 Long
L4 10856 Short Breakout
L5 10802 Trgt 1
L6 10747 Trgt 2
Next Immediate move deciding range- 5500-5525
Mid-session outlook-2(08-03-2011)
All the global markets are positive today and Dow's futures is also trading 55 points up after decline in Crude price and some amicable solutions indications from Libya. Nifty traded most time within 5500-5525 since opening today and preparing for next decisive moves within this range. Break out of mentioned range will give strong signals next very short term trend therefore should be watched first.
Next Immediate move deciding range is 5500-5525 and its break out should be watched.
Indian Markets All Trends Decider Range- 5400-5600
Mid-session outlook(08-03-2011)
Trading in last 2 sessions:-
1-04-03-2011- Selling begun from 5608
2-07-03-2011- Buying begun from 5410
Today up moves are due to following positive developments:-
1- Green trading Asian markets
2- Dow's Futures is trading 35 points up
3- Crude slipped and closed at day's low yesterday.
Last two days trading range is 5410-5608 and Nifty is trading almost in the middle at 5510 at this moment. Indian markets will respond and will give its judgement on Libya and UPA issues through break out of this range and will prepare within this range today to respond mentioned irritating issues in the coming sessions.
Today and coming sessions trading within 5400-5600 is crucial and its break out will give certificate to long term and intermediate term trends as well as trending market will begin after its break out. I would like add here that 5540-5580 is strong resistance and until that will not clear till then any up move will not be imagined and fresh selling development below it will be confirmation of more down moves. Market require complete consolidation firstly below and then within mentioned resistance range for a sustained up move above 5600.
Indian Markets all Trends Decider Range is 5400-560 and watch its break out for all confirmations
Subscribe to:
Posts (Atom)