Nifty(Jun Fut)-Levels & Trading Strategy for 30-05-2011

Nifty(Jun Fut)-Levels

R3 5560
R2 5521
R1 5493
Avg 5454
S1 5426
S2 5387
S3 5359

Nifty(Jun Fut)-Trading Strategy

H6 5533     Trgt 2
H5 5518     Trgt 1
H4 5502     Long breakout
H3 5484     Go Short
H2 5478
H1 5472
L1 5459
L2 5453
L3 5447     Long
L4 5429     Short Breakout
L5 5413     Trgt 1
L6 5398     Trgt 2

Bank Nifty(Jun Fut)-Levels & Trading Strategy for 30-05-2011

Bank Nifty(Jun Fut)-Levels

R3 10945
R2 10802
R1 10720
Avg 10577
S1 10495
S2 10352
S3 10270

Bank Nifty(Jun Fut)-Trading Strategy

H6 10867     Trgt 2
H5 10814     Trgt 1
H4 10761     Long breakout
H3 10699     Go Short
H2 10679
H1 10658
L1 10617
L2 10596
L3 10576    Long
L4 10514     Short Breakout
L5 10461     Trgt 1
L6 10408     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(May 30 to Jun 03,2011)

Nifty Spot-Weekly Levels

R3 5688
R2 5587
R1 5531
Avg 5430
S1 5374
S2 5273
S3 5217

Nifty Spot-Weekly Trading Strategy 

H6 5637     Trgt 2
H5 5599     Trgt 1
H4 5562     Long breakout
H3 5519     Go Short
H2 5504
H1 5490
L1 5461
L2 5447
L3 5432     Long
L4 5389     Short Breakout
L5 5352     Trgt 1
L6 5314     Trgt 2

Nifty-Micro Analysis of Intra Day Chart for 30-05-2011 trading

Nifty-Intra Day Chart(27-05-2011):-

Just click on chart for its enlarged view

Main Features

1- 2 Times some distribution at higher levels.
2- 2 Times consolidations at lower levels also.
3- Conclusion is Consolidations both times

Conclusions


Although two times minor distributions at higher levels but consolidations at lower levels also. Final conclusion is consolidation and expected that previous week started rally will remain continued in the coming week.

Indian Stock Markets Closing Reports(27-05-2011)

Main features of today trading are as follows

1- White Candle.
2- All the Indices closed in Green except CD and AUTO
3- Whole day consolidations except minor selling indications in last 3 hours.

Ratios

Nifty Put Call Ratio: 1.00
Nifty P/E Ratio(27-05-2011): 20.26

Advances & Declines

BSE ADVANCES : 1729
BSE DECLINES : 1076
NSE ADVANCES : 973
NSE DECLINES : 434

Nifty Open Interest Changed Today

Nifty- 5300 CE(Jun)- +29900(+1.76%)
Nifty- 5300 PE(Jun)- +872450(+17.65%)

Nifty- 5400 CE(Jun)-64350(-2.08%)
Nifty- 5400 PE(Jun)- +1355850(+33.29%)

Nifty- 5500 CE(Jun)- +533100(+19.29%)
Nifty- 5500 PE(Jun)- +518150(+21.37%)

Nifty- 5600 CE(Jun)- +1028400(+31.54%)
Nifty- 5600 PE(Jun)- +70100(+5.28%)

Closing

Nifty- closed at 5,476.10(+63.75 Points & +1.18%)
Sensex- closed at 18,266.10(+221.46 Points & +1.23%)
CNX MIDCAP - closed at 7,875.35(+124.70 Points & +1.61%)
BSE SMALL CAP- closed at 8,109.86(+71.68 Points & +0.89%)

FII Trading Data in Derivatives Segment on 27-May-2011

FII & DII trading activity in Capital Market Segment on 27-May-2011

FII trading activity on NSE and BSE in Capital Mayket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 27-May-2011 2719.76 2497.73 222.03

DII trading activity on NSE and BSE in Capital Mayket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 27-May-2011 1076.64 688.39 388.25

Pre-closing Outlook(27-05-2011)

Very short term moves were expected above 5465 and it was seen also and Nifty traded last 3 hours between 5465-5485. Rally above 5444 was also projected and Nifty traded almost whole day today above 5444. Selling seen between 5475-5485 otherwise whole day intra day patterns are suggesting consolidations.

Mid-session Outlook(27-05-2011)

 Some profit booking signals emerged between 5450-5461 but shorting is not advised because bullish markets consolidated at higher levels and surges sharply without giving short covering opportunity.

Nifty is sustaining above 5444 today and go long above 5465. Shorting should be considered below 5444.

5444-5465 are next very short term moves confirmation levels.

Mid-session Outlook(27-05-2011)

Some profit booking in last 1 hour between 5450-5461

Post-open Outlook(27-05-2011)

Market showed strength,Nifty crossed 5444 in first minute and trading above mentioned resistance range(5422-5444). Strong rally started yesterday but it was non stop predicted is more than 7 outlooks in last 3 days. It is strong Indian markets indication that Nifty is trading above 5444 and between upper band of mentioned resistance range. It is the character of Bullish markets that it consolidate at higher levels.

Indications of strong rally begining and sustaining above 5444 will mean testing possibility of following next resistance ranges:-

1- 5490-5512
2- 5588-5605

Pre-open Outlook(27-05-2011)

US markets closed positive yesterday and most Asian markets are responding it with Green zone trading therefore sentiment is positive today morning. Expected that Nifty will first trade between 5390-5430 after Green opening. As next resistance(5422-5444) is strong therefore more consolidation is required for next rally.

No indication of down moves yesterday and rally also expected and expected that Nifty will consolidate below or near about mentioned resistance range in the coming sessions and after that rally will be seen in the coming week. Expected that Nifty will firstly hover around 5400 and after some more consolidations 5444 will be crossed in the coming week. Next resistance range(5422-5444) crossing will mean strong rally..

Strong Rally above 5444

Market Outlook(27-05-2011)

Just click follwing Links of EOD and intraday chart analysis to understand today market;-

1- Nifty-Micro Analysis of Intra Day Chart For 27-05-2011
2- Technical Analysis of EOD Chart and Research

Conclusions

Moderate gains yesterday after good consolidations between 5330-5355 and bullish reversal patterns in previous sessions. As emergence of Bullish trend reversal pattern therefore rally and upmoves expectations are alive now but strong resistances at higher levels and minimum one resistance crossing will be confirmation of rally.

Following levels were given yesterday and Nifty honoured them completely:-

Following line was told in Mid-session Outlook at 11:05:00 AM Yesterday:-

"Today intra day charts are showing consolidations and move above 5422 will be strong rally confirmation"

Yesterday highest was at 5422.20 and Nifty could not moved above it.

Following line was told in Mid-session Outlook-2 at 02:04:00 PM Yesterday:-

"Next moves preparation range is 5350-5395"

Steep fall was seen after my above statement but Nifty could not dipped below 5350 and sharply surged from 5354

No indication of down moves yesterday and rally also expected but next resistance is between 5422-5444 and expected that Nifty will consolidate below or near about this range in the coming sessions and after that rally will be seen in the coming week. Expected that Nifty will firstly hover around 5400 and after some more consolidations 5444 will be crossed in the coming week. Next resistance range(5422-5444) crossing will mean strong rally. 

Nifty-Micro Analysis of Intra Day Chart For 27-05-2011

Nifty-Intra Day Chart(26-05-2011):-

Just click on chart for its enlarged view

Main Features

1- Positive opening
2- Consolidations between 5355-5382
3- Mixed Patterns between 5372-6406
4- Voltality

Conclusions

Volitile day with consolidations at lower levels,steep fall after some profit booking and sharp surge after some more consolidations. As huge intraday volatile day therefore more intraday patterns are required for next moves confirmations.

Sharp surge seen in last half hour therefore it is strong indication of positive market but crossing of next resistance(5222-5444) is must for a sustained rally confirmation

FII Trading Data in Derivatives Segment on 26-May-2011

FII & DII trading activity in Capital Market Segment on 26-May-2011

FII trading activity on NSE and BSE in Capital Mayket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 26-May-2011 3743.64 3619.26 124.38

DII trading activity on NSE and BSE in Capital Mayket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 26-May-2011 1696.01 1462.48 233.53

Indian Stock Markets Closing Reports(26-05-2011)

Main features of today trading are as follows:-

1- White Candle
2- All the Indices closed positive except IT and FMCG
3- Intraday patterns are showing consolidations.


Ratios

Nifty Put Call Ratio: 0.95
Nifty P/E Ratio(26-05-2011): 19.95

Advances & Declines

BSE ADVANCES : 1471
BSE DECLINES : 1303
NSE ADVANCES :  747
NSE DECLINES :  630

Nifty Open Interest Changed Today:


Nifty- 5300 CE(26-05-2011)- +106100(+6.61%)
Nifty- 5300 PE(26-05-2011)- +1289000(+34.14%)

Nifty- 5400 CE(26-05-2011)- +376950(+13.83%)
Nifty- 5400 PE(26-05-2011)- +843650(+26.27%)

Nifty- 5500 CE(26-05-2011)- +156950(+6.12%)
Nifty- 5500 PE(26-05-2011)- +112250(+4.86%)

Closing

Nifty- closed at 5,412.35(+63.40 Points & +1.19%)
Sensex- closed at 18,044.64(+197.40 Points & +1.11% )
CNX MIDCAP - closed at 7,750.65(-9.35 Points & -0.12%%)
BSE SMALL CAP- closed at 8,038.18(+36.46 Points & +0.46%)

Nifty Spot-Levels & Trading Strategy for 27-05-2011

Nifty Spot-Levels

R3 5503.33
R2 5462.67
R1 5437.33
Avg 5396.67
S1 5371.33
S2 5330.67
S3 5305.33

Nifty Spot-Trading Strategy

H6  5478    Trgt 2
H5  5463    Trgt 1
H4  5448   Long breakout
H3  5430    Go Short
H2  5424
H1  5418
L1  5405
L2  5399
L3  5393    Long
L4  5375    Short Breakout
L5  5360    Trgt 1
L6  5345    Trgt 2

Nifty(JUN Fut)-Levels & Trading Strategy for 27-05-2011

Nifty(JUN Fut)-Levels

R3 5474.67
R2 5441.33
R1 5415.67
Avg 5382.33
S1 5356.67
S2 5323.33
S3 5297.67

Nifty(JUN Fut)-Trading Strategy

H6  5449    Trgt 2
H5  5435    Trgt 1
H4  5422    Long breakout
H3  5406    Go Short
H2  5400
H1  5395
L1  5384
L2  5379
L3  5373    Long
L4  5357    Short Breakout
L5  5344    Trgt 1
L6  5330    Trgt 2

Bank Nifty(JUN Fut)-Levels & Trading Strategy for 27-05-2011

Bank Nifty(JUN Fut)-Levels

R3 10594.00
R2 10523.00
R1 10453.00
Avg 10382.00
S1 10312.00
S2 10241.00
S3 10171.00

Bank Nifty(JUN Fut)-Trading Strategy

H6  10524   Trgt 2
H5  10492   Trgt 1
H4  10460   Long breakout
H3  10421   Go Short
H2  10408
H1  10395
L1  10370
L2  10357
L3  10344   Long
L4  10305   Short Breakout
L5  10273   Trgt 1
L6  10241   Trgt 2

Pre-closing Outlook(26-05-2011)

Following line was told in Mid-session Outlook-2 today:-

Next moves preparation range is 5350-5395 and Nifty will trade between this range in the coming hours.

Nifty traded between this range and sharply surged and it is strong indication of strong market and confirmation level is sustaining above 5444.