Nifty-Micro Analysis of Intra Day Chart For 03-08-2011

Nifty-Intra Day Chart(02-Aug-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5455-5470
2- Buying between 5435-5450
3- Whole day trading range- 5435-5470

Conclusions

Previous support range was 5460-5485 and Nifty traded whole day between and below this range. Although selling at higher levels(5455-5470) but support also at lower levels(5435-5450) therefore sustaining beyond today trading range(5435-5470)is must for next moves confirmations.

Global cues led highly voltalile markets and sustaining below 5435 will mean sharp fall. Multiple resistances at higher levels and any up move will be considered after sustaining above minimum 1/2 resistances.

Not one sided market today and whole day trading between 35 points with mixed intraday patterns therefore sustaining beyond today trading range(5435-5470) should be kept for next trend confirmations.

Indian Stock Markets Closing Reports(02-Aug-2011)

Main features of today trading are as follows

1- Black Candle.
2- All the Indices closed in Red except HC and OIL&GAS
3- Higher levels selling and lower levels buying seen.

Ratios

Nifty Put Call Ratio: 0.91
Nifty P/E Ratio(02-Aug-2011): 19.60

Advances & Declines

BSE ADVANCES : 810
BSE DECLINES : 2058
NSE ADVANCES :  306
NSE DECLINES : 1126

Nifty Open Interest Changed Today

Nifty- 5300 CE(Jul)- +260800(+72.04%)
Nifty- 5300 PE(Jul)- +791250(+21.08%)

Nifty- 5400 CE(Jul)- +206800(+11.69%)
Nifty- 5400 PE(Jul)- +252500(+3.86%)

Nifty- 5500 CE(Jul)- +1322100(+27.66%)
Nifty- 5500 PE(Jul)- +95100(+1.80%)

Closing 

Nifty- closed at 5,456.55(-60.25 Points & -1.09%)
Sensex- closed at 18,109.89(-204.44 Points & -1.12% )
CNX MIDCAP - closed at 7,906.00(-101.35 Points & -1.27%)
BSE SMALL CAP- closed at 8,163.65(-120.23 Points & -1.45%)

Nifty Spot-Levels & Trading Strategy for 03-08-2011

Nifty Spot-Levels

R3 5553
R2 5524
R1 5490
Avg 5461
S1 5427
S2 5398
S3 5364

Nifty Spot-Trading Strategy

H6 5519     Trgt 2
H5 5504     Trgt 1
H4 5490     Long breakout
H3 5473     Go Short
H2 5467
H1 5461
L1 5450
L2 5444
L3 5438     Long
L4 5421     Short Breakout
L5 5407     Trgt 1
L6 5392     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 03-08-2011

Nifty(Aug Fut)-Levels

R3 5563
R2 5530
R1 5498
Avg 5465
S1 5433
S2 5400
S3 5368

Nifty(Aug Fut)-Trading Strategy

H6 5531     Trgt 2
H5 5516     Trgt 1
H4 5501     Long breakout
H3 5483     Go Short
H2 5477
H1 5471
L1 5460
L2 5454
L3 5448     Long
L4 5430     Short Breakout
L5 5415     Trgt 1
L6 5400     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 03-08-2011

Bank Nifty(Aug Fut)-Levels

R3 11051
R2 10982
R1 10879
Avg 10810
S1 10707
S2 10638
S3 10535

Bank Nifty(Aug Fut)-Trading Strategy

H6 10948     Trgt 2
H5 10909     Trgt 1
H4 10870     Long breakout
H3 10823     Go Short
H2 10807
H1 10791
L1 10760
L2 10744
L3 10728     Long
L4 10681     Short Breakout
L5 10642     Trgt 1
L6 10603     Trgt 2

पूर्व बंद Outlook (02-08-2011)

निफ्टी पहले 3 घंटे 5,455-5,470 और 90 मिनट के बीच 5,435-5,450 के बीच खरीद बिक्री के साथ 5435-5470 के बीच कारोबार पूरे दिन.

पिछला समर्थन रेंज 5460-5485 और निफ्टी इसे नीचे पिछले 2 घंटे केलिए कारोबार कर रहा है. निफ्टी नीचे फिसल गया, लेकिन मामूली खरीदने से भी 5460 के नीचे देखा गया था इसलिए अगले समर्थन रेंज (5460-5,485) के आसपास susaining अगली चाल पुष्टियों के लिए देखा जाना चाहिए.

Pre-closing Outlook(02-08-2011)

Nifty traded whole day between 5435-5470 with first 3 hours selling between 5455-5470 and 90 minutes buying between 5435-5450.

Previous support range was 5460-5485 and Nifty is trading below it for the last 2 hours. Nifty slipped below but minor buying was also seen below 5460 therefore susaining around next support range(5460-5485) should be watched for next moves confirmations.

मध्य-सत्र दृष्टिकोण (02-08-2011)

निफ्टी 5455-5470 के बीच पिछले 3 घंटे के लिए कारोबार कर रहा है और 5460 के पिछले समर्थन के आसपास मँडरा. के रूप में intraday उल्लेख किया रेंज के बीच देखा बेच आज इसलिए 5460 के नीचे sutaining की संभावना अधिक अब बदल गया.

Mid-session Outlook(02-08-2011)

Nifty is trading between 5455-5470 for the last 3 hours and hovering around previous support of 5460. As intraday selling seen between mentioned range today therefore possibility of sutaining below 5460 turned higher now.

पोस्ट-खुला दृष्टिकोण (02-08-2011)

वैसडवक अनिश्चितता हिंसक voltality का नेतृत्व कर रहे हैं और भारतीय बाजारों के साथ प्रतिक्रिया अंतराल को पूरा करने के लिए स्थापित किया गया है और जनता के बीच अंतर घट ट्रेडिंग के लिए पिछले एक सप्ताह तक । अपने व्यापार है के बीच के बीच अगले समर्थन रेंज (5460-5485) चूंकि आज खोलने और नीचे अग्रसर होगी 5460 पुष्टिकरण के तीव्र गिरावट आयी ।

Post-open Outlook(02-08-2011)

Global uncertainty led violent voltality and Indian markets are reacting to that with gap up and gap down trading for the last one week. Nifty is trading between between next support range(5460-5485) since opening today and sustaining below 5460 will be confirmation of sharp fall.

Pre-Open Market Outlook(02-08-2011)

All the Asian markets are in Red today morning after US markets negative closing yesterday therefore sentiment is depreaased and weak opening will seen,test next support range  5460-5485 and next down move confirmation will be after sustaining below mentioned support range.

हिंदी अनुवाद में सुधार किया जा रहा है और उम्मीद है कि बेहतर हिंदी अनुवाद आने वाले दिनों में प्रस्तुत किया जाएगा.


Hindi translation is being improved and expected that better hindi translation will be presented in the coming days.

तकनीकी विश्लेषण और बाजार आउटलुक (02/08/2100)

कम्प्यूटरीकृत हिंदी अनुवाद


निफ्टी-अंतर दिवस (01 अगस्त 2011) चार्ट: -

 बढ़े हुए देखने के लिए चार्ट पर क्लिक करें

तकनीकी पैटर्न और आज intraday चार्ट में संरचनाओं: -

1 - 5520-5545 के बीच बेचना
2 - 5490-5507 के बीच खरीदना
3 - पूरे दिन ट्रेडिंग रेंज 5490-5545

निष्कर्ष

सबसे तेजी वैश्विक लेकिन 5520-5545 और 5490-5507 के बीच निचले स्तर पर खरीद के बीच उच्च स्तर पर भावना बेचने के बीच पूरे दिन व्यापार. यह बस के ऊपर निफ्टी 5490-5545 और अगले प्रतिरोध के बीच पूरे दिन कारोबार 5560-5595 के भीतर है और समर्थन भी 5460-5485 के बीच आज रेंज नीचे है.

यह स्पष्ट है कि अगले दोनों intraday के साथ समर्थन करता है और resistances के बीच खरीदने और बेचने 2011/02/08 पर पैटर्न निफ्टी कारोबार. ग्लोबल उच्च voltality आधारित भावनाओं आजकल देखा जा रहा है और सभी विश्व बाजारों में डॉव फ्यूचर्स की पीठ पर सबसे तेजी बने रहे इस पल में पूरे दिन 150 से अधिक अंक 2011/02/08 जबकि डाओ जोन्स 75 से अधिक अंक नीचे कारोबार कर रहा है पर व्यापार . जब ऐसे अनिश्चितता मनाया जा रहा है तो अगले प्रवृत्ति किसी भी महत्वपूर्ण समर्थन / प्रतिरोध है, जो निम्नानुसार हैं से बाहर तोड़ने के माध्यम से पुष्टि मिल जाएगा: -

1 - अगले प्रवृत्ति पहला संकेत रेंज 5490-5545 परे बनाए रखना है
2 - अगले प्रवृत्ति पुष्टि रेंज 5460-5595 परे बनाए रखना है

अगला चाल पुष्टि के स्तर से ऊपर दिया गया है लेकिन upmoves भी अमेरिकी बाजारों में गहरे लाल व्यापार के बावजूद उम्मीद कर रहे हैं क्योंकि में कल intraday पैटर्न समेकन संरचनाओं सुझाव है.

Technical Analysis & Market Outlook(02-08-2011)

Nifty-Intra Day Chart(01-Aug-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5520-5545
2- Buying between 5490-5507
3- Whole day trading range 5490-5545

Conclusions

Whole day trading amid most bullish global sentiment but selling at high levels between 5520-5545 and buying at lower levels between 5490-5507. Nifty traded whole day between 5490-5545 and next resistance is just above it within 5560-5595 and support is also below today range between 5460-5485.

It is clear that Nifty traded between next supports and resistances with both intraday buying and selling patterns  on 02-08-2011. Global sentiments based high voltality is being seen nowadays and all the Global markets remained most bullish on the back of Dow's Futures whole day trading more than 150 points up on 02-08-2011 while Dow Jones is trading more than 75 points down at this moment. When such uncertainity is being observed then next trend will get confirmation through break out of any crucial support/resistance which are as follows:-

1- Next trend first indication range is sustaining beyond 5490-5545
2- Next trend confirmation range is sustaining beyond 5460-5595

Next moves confirmation levels have been given above but upmoves are also expected despite US markets deep Red trading because yesterday intraday pattern is suggesting consolidation formations.

FII Trading Data in Derivatives Segment on 01-Aug-2011

FII & DII trading activity in Capital Market Segment on 01-Aug-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 01-Aug-2011 1860.6 1773.77 86.83

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 01-Aug-2011 956.14 1051.4 -95.26

Indian Stock Markets Closing Reports(01-Aug-2011)

Main features of today trading are as follows

1- Doji Candle.
2- Benchmark Indices closed in Green but Midcap and Smallcap closed in Red.
3- Market could not test any resistance level.

Ratios

Nifty Put Call Ratio: 1.01
Nifty P/E Ratio(01-Aug-2011): 19.81

Advances & Declines

BSE ADVANCES : 1174
BSE DECLINES : 1689
NSE ADVANCES : 562
NSE DECLINES : 875

Nifty Open Interest Changed Today

Nifty- 5400 CE(Aug)- -47500(-2.62%)
Nifty- 5400 PE(Aug)- +521700(+8.59%)

Nifty- 5500 CE(Aug)- +198200(+4.13%)
Nifty- 5500 PE(Aug)- +1070300(+24.74%)

Nifty- 5600 CE(Aug)- +295100(+4.85%)
Nifty- 5600 PE(Aug)- +24400(+2.00%)

Closing 

Nifty- closed at 5,516.80(+34.80 Points & +0.63%)
Sensex- closed at 18,314.33(+ 117.13 Points & +0.64% )
CNX MIDCAP - closed at 8,007.35(-10.00 Points & -0.12%)
BSE SMALL CAP- closed at 8,283.88(-21.70 Points & -0.26%)

Nifty Spot-Levels & Trading Strategy for 02-08-2011

Nifty Spot-Levels

R3 5614
R2 5582
R1 5549
Avg 5517
S1 5484
S2 5452
S3 5419

Nifty Spot-Trading Strategy

H6 5581     Trgt 2
H5 5566     Trgt 1
H4 5551     Long breakout
H3 5533     Go Short
H2 5527
H1 5521
L1 5510
L2 5504
L3 5498     Long
L4 5480     Short Breakout
L5 5465     Trgt 1
L6 5450     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 02-08-2011

Nifty(Aug Fut)-Levels

R3 5632
R2 5594
R1 5563
Avg 5525
S1 5494
S2 5456
S3 5425

Nifty(Aug Fut)-Trading Strategy

H6 5601     Trgt 2
H5 5585     Trgt 1
H4 5569     Long breakout
H3 5550     Go Short
H2 5544
H1 5538
L1 5525
L2 5519
L3 5513     Long
L4 5494     Short Breakout
L5 5478     Trgt 1
L6 5462     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 02-08-2011

Bank Nifty(Aug Fut)-Levels

R3 11236
R2 11155
R1 11061
Avg 10980
S1 10886
S2 10805
S3 10711

Bank Nifty(Aug Fut)-Trading Strategy

H6  11143    Trgt 2
H5  11103    Trgt 1
H4  11063    Long breakout
H3  11015    Go Short
H2  10999
H1  10983
L1  10950
L2  10934
L3  10918    Long
L4  10870    Short Breakout
L5  10830    Trgt 1
L6  10790    Trgt 2