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Indian Stock Markets Closing Reports(26-Aug-2011)
Main features of today trading are as follows
1- Long Black Candle.
2- Crucial support levels of 4798 broken down.
3- 5 sessions before started pull back rally terminated.
Ratios
Nifty Put Call Ratio: 1.25
Nifty P/E Ratio(26-Aug-2011): 17.14
Advances & Declines
BSE ADVANCES : 594
BSE DECLINES : 2287
NSE ADVANCES : 194
NSE DECLINES : 1255
Nifty Open Interest Changed Today
Nifty- 4700 CE(Aug)- +659100(+91.96%)
Nifty- 4700 PE(Aug)- +751400(+17.23%)
Nifty- 4800 CE(Aug)- +834650(+51.59%)
Nifty- 4800 PE(Aug)- +643150(+13.01%)
Closing
Nifty- closed at 4,747.80 (-91.80 Points & -1.90%)
Sensex- closed at 15,848.83(-297.50 Points & -1.84% )
CNX MIDCAP - closed at 7,044.00(-149.15 Points & -2.07%)
BSE SMALL CAP- closed at 6,911.36(-188.25 Points & -2.65%)
Nifty Spot-Levels & Trading Strategy for 29-08-2011
Nifty Spot-Levels
R3 4991
R2 4931
R1 4839
Avg 4779
S1 4687
S2 4627
S3 4535
Nifty Spot-Trading Strategy
H6 4899 Trgt 2
H5 4865 Trgt 1
H4 4830 Long breakout
H3 4788 Go Short
H2 4774
H1 4760
L1 4733
L2 4719
L3 4705 Long
L4 4663 Short Breakout
L5 4628 Trgt 1
L6 4594 Trgt 2
R3 4991
R2 4931
R1 4839
Avg 4779
S1 4687
S2 4627
S3 4535
Nifty Spot-Trading Strategy
H6 4899 Trgt 2
H5 4865 Trgt 1
H4 4830 Long breakout
H3 4788 Go Short
H2 4774
H1 4760
L1 4733
L2 4719
L3 4705 Long
L4 4663 Short Breakout
L5 4628 Trgt 1
L6 4594 Trgt 2
Nifty(Sep Fut)-Levels & Trading Strategy for 29-08-2011
Nifty(Sep Fut)-Levels
R3 5097
R2 4992
R1 4928
Avg 4823
S1 4759
S2 4654
S3 4590
Nifty(Sep Fut)-Trading Strategy
H6 5038 Trgt 2
H5 4997 Trgt 1
H4 4956 Long breakout
H3 4910 Go Short
H2 4894
H1 4879
L1 4848
L2 4833
L3 4817 Long
L4 4771 Short Breakout
L5 4730 Trgt 1
L6 4689 Trgt 2
R3 5097
R2 4992
R1 4928
Avg 4823
S1 4759
S2 4654
S3 4590
Nifty(Sep Fut)-Trading Strategy
H6 5038 Trgt 2
H5 4997 Trgt 1
H4 4956 Long breakout
H3 4910 Go Short
H2 4894
H1 4879
L1 4848
L2 4833
L3 4817 Long
L4 4771 Short Breakout
L5 4730 Trgt 1
L6 4689 Trgt 2
Bank Nifty(Sep Fut)-Levels & Trading Strategy for 29-08-2011
Bank Nifty(Sep Fut)-Levels
R3 9686
R2 9470
R1 9337
Avg 9121
S1 8988
S2 8772
S3 8639
Bank Nifty(Sep Fut)-Trading Strategy
H6 9564 Trgt 2
H5 9480 Trgt 1
H4 9395 Long breakout
H3 9299 Go Short
H2 9267
H1 9235
L1 9172
L2 9140
L3 9108 Long
L4 9012 Short Breakout
L5 8927 Trgt 1
L6 8843 Trgt 2
R3 9686
R2 9470
R1 9337
Avg 9121
S1 8988
S2 8772
S3 8639
Bank Nifty(Sep Fut)-Trading Strategy
H6 9564 Trgt 2
H5 9480 Trgt 1
H4 9395 Long breakout
H3 9299 Go Short
H2 9267
H1 9235
L1 9172
L2 9140
L3 9108 Long
L4 9012 Short Breakout
L5 8927 Trgt 1
L6 8843 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Aug 29 to Sep 02,2011)
Nifty Spot-Weekly Levels
R3 5148
R2 5057
R1 4902
Avg 4811
S1 4656
S2 4565
S3 4410
Nifty Spot-Weekly Trading Strategy
H6 4994 Trgt 2
H5 4938 Trgt 1
H4 4882 Long breakout
H3 4814 Go Short
H2 4792
H1 4769
L1 4724
L2 4701
L3 4679 Long
L4 4611 Short Breakout
L5 4555 Trgt 1
L6 4499 Trgt 2
R3 5148
R2 5057
R1 4902
Avg 4811
S1 4656
S2 4565
S3 4410
Nifty Spot-Weekly Trading Strategy
H6 4994 Trgt 2
H5 4938 Trgt 1
H4 4882 Long breakout
H3 4814 Go Short
H2 4792
H1 4769
L1 4724
L2 4701
L3 4679 Long
L4 4611 Short Breakout
L5 4555 Trgt 1
L6 4499 Trgt 2
Pre-Closing Outlook(26-08-2011)
When Nifty was trading near 4800 then following lines were told in Mid-session Outlook today:-
As intraday selling also seen at higher levels today therefore slipping and sustaining below 4800 possibility is high now.
Nifty slipped and formed bottom at 4720 today and Nifty is trading at 4750 st this moment but Pull Back rally temination confirmation below 4800 therefore more lower levels are expected now.
As intraday selling also seen at higher levels today therefore slipping and sustaining below 4800 possibility is high now.
Nifty slipped and formed bottom at 4720 today and Nifty is trading at 4750 st this moment but Pull Back rally temination confirmation below 4800 therefore more lower levels are expected now.
Mid-session Outlook(26-08-2011)
Indian markets tumbled after the weak opening of European markets. European markets present trading positions are as follows:-
Germany 30 5464.00 -2.15%
UK 100 5093.00 5131.10 -0.74%
France 40 3090.50 -0.91%
Nifty is trading near 4800 for the last 45 minutes. As intraday selling also seen at higher levels today therefore slipping and sustaining below 4800 possibility is high now.
Germany 30 5464.00 -2.15%
UK 100 5093.00 5131.10 -0.74%
France 40 3090.50 -0.91%
Nifty is trading near 4800 for the last 45 minutes. As intraday selling also seen at higher levels today therefore slipping and sustaining below 4800 possibility is high now.
Post-open Outlook-2(26-08-2011)
Although Indian markets closed 1% down yesterday but bearish views were not posted and following lines were told yesterday in Nifty-Micro Analysis of Intra Day Chart For 26-08-2011
Although Indian markets slipped from higher levels and trading at lower levels but intraday trading patterns are not suggesting pure selling today and consolidation patterns are also seen in today intraday chart.
consolidation patterns were told for yesterday and Nifty is 25 points up and Sensex was 90 points up within first 45 minutes today.
Only following line was told again and again for watching:-
watch last 5 seesions support range(4798-4850)
Nifty is trading above 4850 and sustaining above it today will be confirmation of beginning of pull back rally after higher bottom formation therefore just watch it first of all.
Although Indian markets slipped from higher levels and trading at lower levels but intraday trading patterns are not suggesting pure selling today and consolidation patterns are also seen in today intraday chart.
consolidation patterns were told for yesterday and Nifty is 25 points up and Sensex was 90 points up within first 45 minutes today.
Only following line was told again and again for watching:-
watch last 5 seesions support range(4798-4850)
Nifty is trading above 4850 and sustaining above it today will be confirmation of beginning of pull back rally after higher bottom formation therefore just watch it first of all.
Post-open Outlook(26-08-2011)
Indian markets completely ignored Global cues today and firstly traded positive. Today market will reply this question that 5 sessions before started rally is surviving or not. As yesterday intra day patterns did not suggesting selling despite 1% down market and today today outperforming global markets are suggesting to watch last 5 seesions support range(4798-4850) and its survival will decide that:-
1- Deep down below 4798 or
2- Continuation of rally after formation of higher(or double) bottom above 4850.
Hopes of Pull Back Rally survival are completely alive after watching today opening and and first 25 minutes trading.
1- Deep down below 4798 or
2- Continuation of rally after formation of higher(or double) bottom above 4850.
Hopes of Pull Back Rally survival are completely alive after watching today opening and and first 25 minutes trading.
Pre-open Outlook(26-08-2011)
Although US markets closed more than 1.5% down yesterday but Asian markets are trading with marginal loss and are from .10% to.75% down. Sentiment is moderately weak and Indian markets will open little down and will trade between last 5 seesions support range(4798-4850)
Nifty traded last half hour between last 5 seesions support range(4798-4850) yesterday and coming session will decide that this support is surviving or not. Breaking out of 4798-4850 should be watched first of all for next moves and survival of Pull Back Rally confirmations.
Nifty traded last half hour between last 5 seesions support range(4798-4850) yesterday and coming session will decide that this support is surviving or not. Breaking out of 4798-4850 should be watched first of all for next moves and survival of Pull Back Rally confirmations.
FII & DII trading activity in Capital Market Segment on 25-Aug-2011
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Nifty-Micro Analysis of Intra Day Chart For 26-08-2011
Nifty-Intra Day Chart(25-Aug-2011):-
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| Just click on chart for its enlarged view |
1- Down moves in Falling Channel
2- Up moves in Rising Channel
3- Mixed Patterns between 5850-5870
4- Whole day trading between 4826-4911
Conclusions
As good selling between 4898-4960 yesterday therefore down moves were seen today despite strong global cues. Today down movs possibility was told in all the outlooks which were updated for today trading.
Although Indian markets slipped from higher levels and trading at lower levels but intraday trading patterns are not suggesting pure selling today and consolidation patterns are also seen in today intraday chart.
Nifty traded last half hour between last 5 seesions support range(4798-4850) and coming session will decide that this support is surviving or not. Breaking out of 4798-4850 should be watched first of all for next moves and survival of Pull Back Rally confirmations.
Indian Stock Markets Closing Reports(25-Aug-2011)
Main features of today trading are as follows
1- Long Back Candle.
2- Weak Indian markets despite strong global cues.
3- All the Indices closed in Red except Reality and HC.
Ratios
Nifty Put Call Ratio: 1.05
Nifty P/E Ratio(25-Aug-2011): 17.47
Advances & Declines
BSE ADVANCES : 1074
BSE DECLINES : 1712
NSE ADVANCES : 475
NSE DECLINES : 940
Nifty Open Interest Changed Today
Nifty- 4800 CE(Aug)- +275750(+20.56%)
Nifty- 4800 PE(Aug)- +675150(+15.52%)
Nifty- 4900 CE(Aug)- +670400(+32.08%)
Nifty- 4900 PE(Aug)- -2107950(-50.90%)
Closing
Nifty- closed at 4,839.60(-49.30 Points & -1.01%)
Sensex- closed at 16,146.33(-138.65 Points & -0.85% )
CNX MIDCAP - closed at 7,193.15(-73.15 Points & -1.01%)
BSE SMALL CAP- closed at 7,099.61(-59.03 Points & -0.82%)
Nifty Spot-Levels & Trading Strategy for 26-08-2011
Nifty Spot-Levels
R3 4984
R2 4949
R1 4894
Avg 4859
S1 4804
S2 4769
S3 4714
Nifty Spot-Trading Strategy
H6 4929 Trgt 2
H5 4908 Trgt 1
H4 4888 Long breakout
H3 4863 Go Short
H2 4855
H1 4847
L1 4830
L2 4822
L3 4814 Long
L4 4789 Short Breakout
L5 4769 Trgt 1
L6 4748 Trgt 2
R3 4984
R2 4949
R1 4894
Avg 4859
S1 4804
S2 4769
S3 4714
Nifty Spot-Trading Strategy
H6 4929 Trgt 2
H5 4908 Trgt 1
H4 4888 Long breakout
H3 4863 Go Short
H2 4855
H1 4847
L1 4830
L2 4822
L3 4814 Long
L4 4789 Short Breakout
L5 4769 Trgt 1
L6 4748 Trgt 2
Nifty(Sep Fut)-Levels & Trading Strategy for 26-08-2011
Nifty(Sep Fut)-Levels
R3 4975
R2 4946
R1 4905
Avg 4876
S1 4835
S2 4806
S3 4765
Nifty(Sep Fut)-Trading Strategy
H6 4934 Trgt 2
H5 4918 Trgt 1
H4 4902 Long breakout
H3 4883 Go Short
H2 4876
H1 4870
L1 4857
L2 4851
L3 4844 Long
L4 4825 Short Breakout
L5 4809 Trgt 1
L6 4793 Trgt 2
R3 4975
R2 4946
R1 4905
Avg 4876
S1 4835
S2 4806
S3 4765
Nifty(Sep Fut)-Trading Strategy
H6 4934 Trgt 2
H5 4918 Trgt 1
H4 4902 Long breakout
H3 4883 Go Short
H2 4876
H1 4870
L1 4857
L2 4851
L3 4844 Long
L4 4825 Short Breakout
L5 4809 Trgt 1
L6 4793 Trgt 2
Bank Nifty(Sep Fut)-Levels & Trading Strategy for 26-08-2011
Bank Nifty(Sep Fut)-Levels
R3 9579
R2 9488
R1 9346
Avg 9255
S1 9113
S2 9022
S3 8880
Bank Nifty(Sep Fut)-Trading Strategy
H6 9437 Trgt 2
H5 9385 Trgt 1
H4 9332 Long breakout
H3 9268 Go Short
H2 9246
H1 9225
L1 9182
L2 9161
L3 9139 Long
L4 9075 Short Breakout
L5 9022 Trgt 1
L6 8970 Trgt 2
R3 9579
R2 9488
R1 9346
Avg 9255
S1 9113
S2 9022
S3 8880
Bank Nifty(Sep Fut)-Trading Strategy
H6 9437 Trgt 2
H5 9385 Trgt 1
H4 9332 Long breakout
H3 9268 Go Short
H2 9246
H1 9225
L1 9182
L2 9161
L3 9139 Long
L4 9075 Short Breakout
L5 9022 Trgt 1
L6 8970 Trgt 2
Pre-Closing Outlook(25-08-2011)
Detailed analysis of today market has already been explained in Mid-session Outlook today. Weakness in Indian markets was told in all the outlooks of yesterday and today(anyone may verify) and it was seen also. Nifty is trading between last 5 seesions support range(4798-4850) and coming couple of sessions will decide that this support is surviving or not.
Although Indian markets slipped from higher levels and trading at lower levels but intraday trading patterns are not suggesting pure selling today and consolidation patterns are also seen in today intraday chart.
It will be better to get next market first confirmation through sustaining beyond present support range(4798-4850)
Although Indian markets slipped from higher levels and trading at lower levels but intraday trading patterns are not suggesting pure selling today and consolidation patterns are also seen in today intraday chart.
It will be better to get next market first confirmation through sustaining beyond present support range(4798-4850)
Mid-session Outlook(25-08-2011)
As genuine selling patterns between 4898-4960 yesterday therefore weak market was told in all the outlooks. Indian markets completely ignored strong global cues and trading in Red as well as Nifty was 50 points down also at one time.
Following technical positions of last 4 sessions was updated in Pre-open Outlook today and Nifty traded most time today between that zone where no buying or selling told(4850-4898):-
1- Selling between 4898-4960
2- Buying between 4798-4850
Higher levels selling and lower levels buying is well proved and Nifty will prepare for next moves between today range of at this moment today(4839-4915).Just watch folowing ranges dfor deciding next moves:-
1- For next moves first indication 4839-4915
2- For survival or termination of Pull Back rally 4798-4960.
Today and coming sessions intraday charts formation within this range will decide that previous week started rally will survive or not. As Indian markets could cot sustained at higher levels and slipped sharply threfore down moves possibilities turned higher and confirmation will be dipping below 4898.
Following technical positions of last 4 sessions was updated in Pre-open Outlook today and Nifty traded most time today between that zone where no buying or selling told(4850-4898):-
1- Selling between 4898-4960
2- Buying between 4798-4850
Higher levels selling and lower levels buying is well proved and Nifty will prepare for next moves between today range of at this moment today(4839-4915).Just watch folowing ranges dfor deciding next moves:-
1- For next moves first indication 4839-4915
2- For survival or termination of Pull Back rally 4798-4960.
Today and coming sessions intraday charts formation within this range will decide that previous week started rally will survive or not. As Indian markets could cot sustained at higher levels and slipped sharply threfore down moves possibilities turned higher and confirmation will be dipping below 4898.
Post-open Outlook(25-08-2011)
As all the global markets are strong therefore indian markets opened and traded in Green immdiately after opening. Although good selling between 4898-4960 yesterday but sharp surges and voltality may be seen on the back of strong global cues.As good selling yesterday therefore Indian markets are under performing global markets and traded in Red also today.
Good selling between 4898-4960 yesterday therefore if Nifty sustains above 4960 on the back of strong Global cues then next up moves will be considered.Follow up selling and slipping possibility can not be ruled out today also.
Good selling between 4898-4960 yesterday therefore if Nifty sustains above 4960 on the back of strong Global cues then next up moves will be considered.Follow up selling and slipping possibility can not be ruled out today also.
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