Nifty Spot-Levels & Trading Strategy for 11-07-2011

Nifty Spot-Levels

R3 5805
R2 5772
R1 5716
Avg 5683
S1 5627
S2 5594
S3 5538

Nifty Spot-Trading Strategy

H6 5749     Trgt 2
H5 5729    Trgt 1
H4 5708     Long breakout
H3 5684     Go Short
H2 5676
H1 5668
L1 5651
L2 5643
L3 5635     Long
L4 5611     Short Breakout
L5 5590    Trgt 1
L6 5570    Trgt 2

Nifty(Jul Fut)-Levels & Trading Strategy for 11-07-2011

Nifty(Jul Fut)-Levels

R3 5833
R2 5796
R1 5734
Avg 5697
S1 5635
S2 5598
S3 5536

Nifty(Jul Fut)-Trading Strategy

H6 5771     Trgt 2
H5 5748    Trgt 1
H4 5726     Long breakout
H3 5699     Go Short
H2 5690
H1 5681
L1 5662
L2 5653
L3 5644     Long
L4 5617     Short Breakout
L5 5595    Trgt 1
L6 5572     Trgt 2

Bank Nifty(Jul Fut)-Levels & Trading Strategy for 11-07-2011

Bank Nifty(Jul Fut)-Levels

R3 11631
R2 11560
R1 11441
Avg 11370
S1 11251
S2 11180
S3 11061

Bank Nifty(Jul Fut)-Trading Strategy

H6 11512     Trgt 2
H5 11469     Trgt 1
H4 11426     Long breakout
H3 11374     Go Short
H2 11356
H1 11339
L1 11304
L2 11287
L3 11269     Long
L4 11217     Short Breakout
L5 11174     Trgt 1
L6 11131     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Jul 11 to Jul 15,2011)

Nifty Spot-Weekly Levels

R3 5858
R2 5799
R1 5729
Avg 5670
S1 5600
S2 5541
S3 5471

Nifty Spot-Weekly Trading Strategy 

H6 5790     Trgt 2
H5 5760     Trgt 1
H4 5730     Long breakout
H3 5695     Go Short
H2 5683
H1 5671
L1 5648
L2 5636
L3 5624     Long
L4 5589     Short Breakout
L5 5559     Trgt 1
L6 5529     Trgt 2

Pre-closing Outlook(08-07-2011)

Selling signals between 5705-5725 therefore very short term correction is being seen and next support range(5675-5695) will be watched first for next move confirmation.

Mid-session Outlook(08-07-2011)

Intrady correction is continued on expected lines. Nifty consolidated between 5675-5695 therefore expected that Nifty will not slip below 5675 today and will get intraday support above it. As good support within mentioned range yesterday therefore it will be watched for next moves confirmations.

Post-open Outlook(08-07-2011)

I always tell that no one can deceive the outlooks of this Blog and its today live proof is as follows. Floowing line was told before the opening of today market in Market Outlook(08-07-2011):-

"minor profit booking may be seen"

As was told 100% same happened and Nifty slipped from 5740 to 5707 within first 21 minutes. As sentiment was heated therefore minor intraday correction after minor profit booking is being seen and today expected first trading range is 5695-5740. Indian markets will first prepare for next moves within this range and break out of this range will give next moves first indication.

Market Outlook(08-07-2011)

Micro Analysis of Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained in following topic with 1 Chart therefore not being repeated:-

Nifty-Micro Analysis of Intra Day Chart For 08-07-2011

All trends are up and Indian markets will open gap up today after positive global cues. Sentiment heated today morning therefore voltality after minor profit booking may be seen but market require complete selling patterns minimum on intraday charts for any correction. Whenever any profit booking will develop then will be informed in the same manner as was told non stop again and again before the beginning of yesterday rally. As we always talk with proofs therefore live proofs of our above statement are as follows:-

1- Market Outlook(07-07-2011)

"5600 will be finally saved and fresh rally above 5672 will commence from coming sessions"

"indian markets will open little positive,test resistances of last 5 sessions range and finally close positive today"

2- Nifty-Micro Analysis of Intra Day Chart For 07-07-2011

"5600 will be finally saved and rally will be seen in the coming sessions"

3- Pre-closing Outlook(06-07-2011) 

"Support at 5600 became stronger today. Rally possibility is still alive despite Red closing near 5600 today"

4- Mid-session Outlook-2(06-07-2011)

"Intraday indicators are showing divergence in last 3 hours therefore up moves possibility is also alive despite Red zone today"

Nifty-Micro Analysis of Intra Day Chart For 08-07-2011

Nifty-Intra Day Chart(07-07-2011):-

Just click on chart for its enlarged view

Technical Positions of today intraday charts

1- Good intraday consolidation between 5675-5695
2- Whole day consolidation

Conclusions

All trends are up and fresh up moves begun today. Whole day good consolidations today therefore rally will remain continued and following resistances will be tested in the coming sessions:-

1- 5775
2- 5850
3- 5944

FII Trading Data in Derivatives Segment on 07-Jul-2011

Indian Stock Markets Closing Reports(07-07-2011)

Main features of today trading are as follows

1 Long White Candle.
2- All the Indices closed in Green.
3- All trends upward confirmation.

Ratios

Nifty Put Call Ratio: 0.91
Nifty P/E Ratio(07-07-2011): 21.12

Advances & Declines

BSE ADVANCES : 1899
BSE DECLINES :  986
NSE ADVANCES :  986
NSE DECLINES :  420

Nifty Open Interest Changed Today

Nifty- 5700 CE(Jul)- -596150(-10.48%)
Nifty- 5700 PE(Jul)- +1969800(+111.07%)

Nifty- 5800 CE(Jul)- +1524550(+28.99%)
Nifty- 5800 PE(Jul)- +1413550(+213.43%)

Closing 

Nifty- closed at 5,728.95(+103.50 Points & +1.84%)
Sensex- closed at 19,078.30(+351.33 Points & +1.88% )
CNX MIDCAP - closed at 8,175.75(+94.80 Points & +1.17%)
BSE SMALL CAP- closed at 8,447.99(+90.34 Points & +1.08%)

FII & DII trading activity in Capital Market Segment on 07-Jul-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 07-Jul-2011 3034.33 2165.62 868.71

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 07-Jul-2011 1420.57 1581.6 -161.03

Nifty Spot-Levels & Trading Strategy for 08-07-2011

Nifty Spot-Levels

R3 5871
R2 5804
R1 5766
Avg 5699
S1 5661
S2 5594
S3 5556

Nifty Spot-Trading Strategy

H6 5834     Trgt 2
H5 5810     Trgt 1
H4 5785     Long breakout
H3 5756      Go Short
H2 5747
H1 5737
L1 5718
L2 5708
L3 5699     Long
L4 5670     Short Breakout
L5 5645     Trgt 1
L6 5621     Trgt 2

Nifty(Jul Fut)-Levels & Trading Strategy for 08-07-2011

Nifty(Jul Fut)-Levels

R3 5893
R2 5822
R1 5783
Avg 5712
S1 5673
S2 5602
S3 5563

Nifty(Jul Fut)-Trading Strategy

H6 5856     Trgt 2
H5 5830     Trgt 1
H4 5804     Long breakout
H3 5774     Go Short
H2 5764
H1 5754
L1 5733
L2 5723
L3 5713     Long
L4 5683     Short Breakout
L5 5657     Trgt 1
L6 5631     Trgt 2

Bank Nifty(Jul Fut)-Levels & Trading Strategy for 08-07-2011

Bank Nifty(Jul Fut)-Levels

R3 11778
R2 11636
R1 11553
Avg 11411
S1 11328
S2 11186
S3 11103

Bank Nifty(Jul Fut)-Trading Strategy

H6 11698     Trgt 2
H5 11646     Trgt 1
H4 11593     Long breakout
H3 11531     Go Short
H2 11511
H1 11490
L1 11449
L2 11428
L3 11408     Long
L4 11346     Short Breakout
L5 11293     Trgt 1
L6 11241     Trgt 2

Pre-closing Outlook(07-07-2011)

Rally is continued after good intraday consolidtion between 5675-5695 today and expected that Nifty will test following resistances in the coming sessions.

1- 5775
2- 5850
3- 5944

Post-open Outlook(07-07-2011)

Nifty is at 5681 at this moment. Anyone can verify from all the posing in this Blog that we always told more than 50 times only for rally and up moves in all the outlooks and never told for any down move. More than 90% accurate predictions of Indian stock markets is our last 4 years record and it has been established once again today.

Rally is on and will remain continued.

Market Outlook(07-07-2011)

Nifty rallied 510 points in 7 sessions and crossed 39sessions range after 4 days consolidation below 5329. Very short term indicators moved in overbought tettoty therefore very short term correction became due and that is being seen for the last 5 sessions in range bound moves. It is the nature of bull markets that they tend to correct in range bound modes and it is being seen. As correction is on therefore next supports and Fibonacci retracement levels have already been updated in Market Outlook yesterday and last 5 sessions correction showing intraday chart is as follows:-

Nifty-Micro Analysis of 5 days Intra Day Chart(Jun 30 to Jul 06,2011)

Just click on chart for its enlarged view

Technical Positions in last 5 sessions intraday charts

1-Selling between 5648-5672
2-Intraday support between 5605-5625 in last 5 sessions

Conclusions

Some selling at high levels but supports above 5600 also seen in last 5 sessions within 5606-5672 therefore expected that 5600 will be finally saved and fresh rally above 5672 will commence from coming sessions.

Asian markets are mixed today morning and trading with minor gains/loss therefore sentiment is quiet and expected that Indian markets will open little positive,test resistances of last 5 sessions range and finally close positive today.

Nifty-Micro Analysis of Intra Day Chart For 07-07-2011

Nifty-Intra Day Chart(06-07-2011):-

Just click on chart for its enlarged view

Main Features

1- 3 hours narrow range trading between 5611-5634
2- Minor selling between 5622-5634
3- Intraday support between 5611-5620
4- Intraday patterns are showing consolidations patterns in 45 points range bound market.

Conclusions

Mixed intraday positions but patterns of whole day intraday chart is showing consolidation formations therefore expected that 5600 will be finally saved and rally will be seen in the coming sessions.

Indian Stock Markets Closing Reports(07-07-2011)

Main features of today trading are as follows

1- Doji Candle
2- Most Indices closed with minor gains or loss.
3- Whole day range bound trading above 5600.

Ratios

Nifty Put Call Ratio: 1.05
Nifty P/E Ratio(07-07-2011): 20.74

Advances & Declines

BSE ADVANCES : 1448
BSE DECLINES : 1420
NSE ADVANCES :  707
NSE DECLINES :  703

Nifty Open Interest Changed Today

Nifty- 5500 CE(Jul)- +8100(+0.30%)
Nifty- 5500 PE(Jul)- +411200(+7.40%)

Nifty- 5600 CE(Jul)- +299400(+6.18%)
Nifty- 5600 PE(Jul)- +493650(+11.33%)

Nifty- 5700 CE(Jul)- +610750(+11.79%)
Nifty- 5700 PE(Jul)- +192450(+12.17%)

Closing 

Nifty- closed at 5,625.45(-6.65 Points & -0.12%)
Sensex- closed at 18,726.97(-17.59 Points & -0.09% )
CNX MIDCAP - closed at 8,080.95(+12.05 Points & +0.15%)
BSE SMALL CAP- closed at 8,357.65(+19.23 Points & +0.23%)

FII & DII trading activity in Capital Market Segment on 06-Jul-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 06-Jul-2011 2076.04 1855.59 220.45

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 06-Jul-2011 991.95 1072.18 -80.23