| ||||||||||||||||
|
Nifty Spot-Levels & Trading Strategy for 25-10-2011
Nifty Spot-Levels
R3 5195
R2 5170
R1 5134
Avg 5109
S1 5073
S2 5048
S3 5012
Nifty Spot-Trading Strategy
H6 5159 Trgt 2
H5 5145 Trgt 1
H4 5131 Long breakout
H3 5114 Go Short
H2 5109
H1 5103
L1 5092
L2 5086
L3 5081 Long
L4 5064 Short Breakout
L5 5050 Trgt 1
L6 5036 Trgt 2
R3 5195
R2 5170
R1 5134
Avg 5109
S1 5073
S2 5048
S3 5012
Nifty Spot-Trading Strategy
H6 5159 Trgt 2
H5 5145 Trgt 1
H4 5131 Long breakout
H3 5114 Go Short
H2 5109
H1 5103
L1 5092
L2 5086
L3 5081 Long
L4 5064 Short Breakout
L5 5050 Trgt 1
L6 5036 Trgt 2
Nifty(Oct Fut)-Levels & Trading Strategy for 25-10-2011
Nifty(Oct Fut)-Levels
R3 5209
R2 5183
R1 5144
Avg 5118
S1 5079
S2 5053
S3 5014
Nifty(Oct Fut)-Trading Strategy
H6 5170 Trgt 2
H5 5155 Trgt 1
H4 5140 Long breakout
H3 5122 Go Short
H2 5116
H1 5110
L1 5099
L2 5093
L3 5087 Long
L4 5069 Short Breakout
L5 5054 Trgt 1
L6 5039 Trgt 2
R3 5209
R2 5183
R1 5144
Avg 5118
S1 5079
S2 5053
S3 5014
Nifty(Oct Fut)-Trading Strategy
H6 5170 Trgt 2
H5 5155 Trgt 1
H4 5140 Long breakout
H3 5122 Go Short
H2 5116
H1 5110
L1 5099
L2 5093
L3 5087 Long
L4 5069 Short Breakout
L5 5054 Trgt 1
L6 5039 Trgt 2
Bank Nifty(Oct Fut)-Levels & Trading Strategy for 25-10-2011
Bank Nifty(Oct Fut)-Levels
R3 10172
R2 10050
R1 9851
Avg 9729
S1 9530
S2 9408
S3 9209
Bank Nifty(Oct Fut)-Trading Strategy
H6 9975 Trgt 2
H5 9902 Trgt 1
H4 9829 Long breakout
H3 9741 Go Short
H2 9711
H1 9682
L1 9623
L2 9594
L3 9564 Long
L4 9476 Short Breakout
L5 9403 Trgt 1
L6 9330 Trgt 2
R3 10172
R2 10050
R1 9851
Avg 9729
S1 9530
S2 9408
S3 9209
Bank Nifty(Oct Fut)-Trading Strategy
H6 9975 Trgt 2
H5 9902 Trgt 1
H4 9829 Long breakout
H3 9741 Go Short
H2 9711
H1 9682
L1 9623
L2 9594
L3 9564 Long
L4 9476 Short Breakout
L5 9403 Trgt 1
L6 9330 Trgt 2
NIFTY-Oct F&O-1st Selling of 24-10-2011-Trade
NIFTY(Oct Fut-Sell-Positional)SL-5136-TGT-5056-CMP-5108
NIFTY(Oct Put Option-Buy-Positional)SL-5136-TGT-5056-S.P.FOR Put-5100(Oct Fut-Rates for all Options)-CMP-5108
Pre-Closing Outlook(24-10-2011)
Strong Global cues led rally today which could not sustain at higher levels. Old Resistance within 5145-5220 was told in Post-open Outlook today and Nifty traded more than 4 hours just below this range between 5125-5145 but could not sustained and slipped.
As selling indications at higher levels today therefore more down moves are expected tomorrow.
As selling indications at higher levels today therefore more down moves are expected tomorrow.
Pre-Closing Outlook(24-10-2011)
Strong Global cues led rally today which could not sustain at higher levels. Old Resistance within 5145-5220 was told in Pre-open Outlook today and Nifty traded more than 4 hours just below this range between 5125-5145 but could not sustained and slipped.
As selling indications at higher levels today therefore more down moves are expected tomorrow.
Mid-session Outlook(24-10-2011)
Blasting global cues led gap up opening and after that 4 hours trading within 20 points(5125-5145) today is suggesting that today trading range break out will decide next strong trend. RBI will declare Credit Policy as well as derivative expiry also tomorrow therefore today trading range break out may give birth to next Mid/Long term trend.
Post-open Outlook(24-10-2011)
Asian markets are blasting today morning and all are 1.75% to 4.02% up except SSEC. Indian markets equally responded and Nifty is trading above 5120 since opening today. Strong global cues led market today therefore sustaining above 5120 is must for fresh up moves beginning confirmation because Indian markets closed near day's lowest after good selling last Friday.
Fresh consolidation is also required for decisive up trend formations because strong resistance between 5145-5220. If Nifty sustainins above 5120 in the coming couple of sessions then it will be strong indication of up moves and confirmation will be above 5220.
Fresh consolidation is also required for decisive up trend formations because strong resistance between 5145-5220. If Nifty sustainins above 5120 in the coming couple of sessions then it will be strong indication of up moves and confirmation will be above 5220.
Pre-open Outlook(24-10-2011)
All the Asian markets are 1% to 2.3% up today morning therefore sentiment turned strong and positive opening will be seen in Indian markets. Good selling seen between 5088-5120 last Friday and expected that Nifty will firstly trade between this range after strong opening today. Global cues led high volatility is daily feature nowadays and sustaining above 5120 is must for any up move confirmation.
Next moves confirmation range for today and next sessions is sustaining beyond 5088-5120
Next moves confirmation range for today and next sessions is sustaining beyond 5088-5120
Technical Analysis and Research For 24-10-2011
Nifty-EOD Chart(21-Oct-2011):-
Just click on chart for its enlarged view |
1- Range bound within 4720-5229 for the last 52 sessions.
2- 9 Sessions trading between 4964-5160.
Resistances are as follows;-
1- Old Resistance 5145-5220
2- Selling between 5135-5155(on 17-10-2011)
1- Selling between 5102-5120(on 21-10-2011)
2- Selling between 5088-5098(on 21-10-2011)
Support are as follows;-
1- Buying between 5012-5035(Strong support)
2- Buying between 4970-4983(Weak support)
Conclusions
As good selling at higher levels on 21-10-2011 therefore slipping below 5000 and testing of above mentioned supports is possible in the coming sessions. As no strong support between 4720-4964 therefore sustaining below 4964 will mean sharp fall.
Nifty-Micro Analysis of Intra Day Chart For 24-10-2011
Nifty-Intra Day Chart(21-Oct-2011):-
Just click on chart for its enlarged view |
1- Selling between 5102-5120
2- Selling between 5088-5098
3- Whole day trading between 5039-5120
Conclusions
Good selling at higher levels therefore more down moves are expected in the the coming sessions and Nifty may slip below 5000 also in next week. Next supports are as follows:-
1- 5012-5035(Strong support)
2- 4970-4983(Weak support)
Good selling on 21-10-2011 and high possibility of slipping below 5000. Sustaining below 4970 will mean sharp fall.
Indian Stock Markets Closing Reports(21-Oct-2011)
Main features of today trading are as follows
1- All the indices closed in Red except CD.
2- Black Candle.
3- All the indices closed near day's lowest after higher levels good selling.
4- Down moves are expected in next week after good selling at higher levels.
Ratios
Nifty Put Call Ratio: 0.94
Nifty P/E Ratio(21-Oct-2011): 17.99
Advances & Declines
BSE ADVANCES : 1085
BSE DECLINES : 1723
NSE ADVANCES : 494
NSE DECLINES : 926
Nifty Open Interest Changed Today
Nifty- 5000 CE(Oct)- +499050(+14.73%)
Nifty- 5000 PE(Oct)- +231550(+3.75%)
Nifty- 5100 CE(Oct)- +767350(+14.52%)
Nifty- 5100 PE(Oct)- -482800(-10.87%)
Nifty- 5200 CE(Oct)- +476200(+5.64%)
Nifty- 5200 PE(Oct)- -459150(-28.31%)
Closing
Nifty- closed at 5,049.95(+/-41.95 Points & +/-0.82%)
Sensex- closed at 16,785.64(-151.25 Points & -0.89% )
CNX MIDCAP - closed at 7,008.05(-54.90 Points & -0.78%)
BSE SMALL CAP- closed at 6,825.10(-41.17 Points & -0.60%)
1- All the indices closed in Red except CD.
2- Black Candle.
3- All the indices closed near day's lowest after higher levels good selling.
4- Down moves are expected in next week after good selling at higher levels.
Ratios
Nifty Put Call Ratio: 0.94
Nifty P/E Ratio(21-Oct-2011): 17.99
Advances & Declines
BSE ADVANCES : 1085
BSE DECLINES : 1723
NSE ADVANCES : 494
NSE DECLINES : 926
Nifty Open Interest Changed Today
Nifty- 5000 CE(Oct)- +499050(+14.73%)
Nifty- 5000 PE(Oct)- +231550(+3.75%)
Nifty- 5100 CE(Oct)- +767350(+14.52%)
Nifty- 5100 PE(Oct)- -482800(-10.87%)
Nifty- 5200 CE(Oct)- +476200(+5.64%)
Nifty- 5200 PE(Oct)- -459150(-28.31%)
Closing
Nifty- closed at 5,049.95(+/-41.95 Points & +/-0.82%)
Sensex- closed at 16,785.64(-151.25 Points & -0.89% )
CNX MIDCAP - closed at 7,008.05(-54.90 Points & -0.78%)
BSE SMALL CAP- closed at 6,825.10(-41.17 Points & -0.60%)
Nifty Spot-Levels & Trading Strategy for 24-10-2011
Nifty Spot-Levels
R3 5184
R2 5152
R1 5101
Avg 5069
S1 5018
S2 4986
S3 4935
Nifty Spot-Trading Strategy
H6 5133 Trgt 2
H5 5114 Trgt 1
H4 5095 Long breakout
H3 5072 Go Short
H2 5065
H1 5057
L1 5042
L2 5034
L3 5027 Long
L4 5004 Short Breakout
L5 4985 Trgt 1
L6 4966 Trgt 2
R3 5184
R2 5152
R1 5101
Avg 5069
S1 5018
S2 4986
S3 4935
Nifty Spot-Trading Strategy
H6 5133 Trgt 2
H5 5114 Trgt 1
H4 5095 Long breakout
H3 5072 Go Short
H2 5065
H1 5057
L1 5042
L2 5034
L3 5027 Long
L4 5004 Short Breakout
L5 4985 Trgt 1
L6 4966 Trgt 2
Nifty(Oct Fut)-Levels & Trading Strategy for 24-10-2011
Nifty(Oct Fut)-Levels
R3 5203
R2 5167
R1 5110
Avg 5074
S1 5017
S2 4981
S3 4924
Nifty(Oct Fut)-Trading Strategy
H6 5147 Trgt 2
H5 5126 Trgt 1
H4 5105 Long breakout
H3 5079 Go Short
H2 5071
H1 5062
L1 5045
L2 5036
L3 5028 Long
L4 5002 Short Breakout
L5 4981 Trgt 1
L6 4960 Trgt 2
R3 5203
R2 5167
R1 5110
Avg 5074
S1 5017
S2 4981
S3 4924
Nifty(Oct Fut)-Trading Strategy
H6 5147 Trgt 2
H5 5126 Trgt 1
H4 5105 Long breakout
H3 5079 Go Short
H2 5071
H1 5062
L1 5045
L2 5036
L3 5028 Long
L4 5002 Short Breakout
L5 4981 Trgt 1
L6 4960 Trgt 2
Bank Nifty(Oct Fut)-Levels & Trading Strategy for 24-10-2011
Bank Nifty(Oct Fut)-Levels
R3 9948
R2 9887
R1 9787
Avg 9726
S1 9626
S2 9565
S3 9465
Bank Nifty(Oct Fut)-Trading Strategy
H6 9848 Trgt 2
H5 9811 Trgt 1
H4 9775 Long breakout
H3 9731 Go Short
H2 9716
H1 9701
L1 9672
L2 9657
L3 9642 Long
L4 9598 Short Breakout
L5 9562 Trgt 1
L6 9525 Trgt 2
R3 9948
R2 9887
R1 9787
Avg 9726
S1 9626
S2 9565
S3 9465
Bank Nifty(Oct Fut)-Trading Strategy
H6 9848 Trgt 2
H5 9811 Trgt 1
H4 9775 Long breakout
H3 9731 Go Short
H2 9716
H1 9701
L1 9672
L2 9657
L3 9642 Long
L4 9598 Short Breakout
L5 9562 Trgt 1
L6 9525 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Oct 24 to Oct 28,2011)
Nifty Spot-Weekly Levels
R3 5175
R2 5112
R1 5136
Avg 5073
S1 5097
S2 5034
S3 5058
Nifty Spot-Weekly Trading Strategy
H6 5200 Trgt 2
H5 5190 Trgt 1
H4 5181 Long breakout
H3 5170 Go Short
H2 5167
H1 5163
L1 5156
L2 5152
L3 5149 Long
L4 5138 Short Breakout
L5 5129 Trgt 1
L6 5119 Trgt 2
R3 5175
R2 5112
R1 5136
Avg 5073
S1 5097
S2 5034
S3 5058
Nifty Spot-Weekly Trading Strategy
H6 5200 Trgt 2
H5 5190 Trgt 1
H4 5181 Long breakout
H3 5170 Go Short
H2 5167
H1 5163
L1 5156
L2 5152
L3 5149 Long
L4 5138 Short Breakout
L5 5129 Trgt 1
L6 5119 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Oct 24 to Oct 28,2011)
Bank Nifty Spot-Weekly Levels
R3 10249
R2 10057
R1 9876
Avg 9684
S1 9503
S2 9311
S3 9130
Bank Nifty Spot-Weekly Trading Strategy
H6 10075 Trgt 2
H5 9988 Trgt 1
H4 9900 Long breakout
H3 9797 Go Short
H2 9763
H1 9729
L1 9660
L2 9626
L3 9592 Long
L4 9489 Short Breakout
L5 9401 Trgt 1
L6 9314 Trgt 2
R3 10249
R2 10057
R1 9876
Avg 9684
S1 9503
S2 9311
S3 9130
Bank Nifty Spot-Weekly Trading Strategy
H6 10075 Trgt 2
H5 9988 Trgt 1
H4 9900 Long breakout
H3 9797 Go Short
H2 9763
H1 9729
L1 9660
L2 9626
L3 9592 Long
L4 9489 Short Breakout
L5 9401 Trgt 1
L6 9314 Trgt 2
FII & DII trading activity in Capital Market Segment on 21-Oct-2011
| ||||||||||||||||
|
Pre-Closing Outlook(21-10-2011)
As whole day intraday charts formations are suggesting selling formations therefore more down moves are expected in the next week and Nifty may slip below 5000 also in next week.
Subscribe to:
Posts (Atom)