Indian Stock Markets Closing Reports(11-Nov-2011)

Main features of today trading are as follows

1- Red closing after gap down opening.
2- Benchmark Indices closed negative while Auto,Oil & Gas,Healthcare and FMCG closed in Green.
3- Doji Candle formation.

Ratios

Nifty Put Call Ratio:0.95
Nifty P/E Ratio(11-Nov-2011): 18.61

Advances & Declines

BSE ADVANCES : 936
BSE DECLINES : 1933
NSE ADVANCES : 363
NSE DECLINES : 1086

Nifty Open Interest Changed Today

Nifty- 5100 CE(Nov)- +394050(+25.07%)
Nifty- 5100 PE(Nov)- +512200(+10.10%)

Nifty- 5200 CE(Nov)- +1538700(+52.69%)
Nifty- 5200 PE(Nov)- -791700(-16.63%)

Closing 

Nifty- closed at 5,168.85(-52.20 Points & -1.00%)
Sensex- closed at 17,192.82(-169.28 Points & -0.97% )
CNX MIDCAP - closed at 7,124.25(-93.10 Points & -1.29%)
BSE SMALL CAP- closed at 6,764.72 (-107.84 Points & -1.57%)

Nifty Spot-Levels & Trading Strategy for 14-11-2011

Nifty Spot-Levels

R3 5252
R2 5225
R1 5196
Avg 5169
S1 5140
S2 5113
S3 5084

Nifty Spot-Trading Strategy

H6  5224    Trgt 2
H5  5211    Trgt 1
H4  5198    Long breakout
H3  5183    Go Short
H2  5178
H1  5173
L1  5162
L2  5157
L3  5152    Long
L4  5137    Short Breakout
L5  5124    Trgt 1
L6  5111    Trgt 2

Nifty(Nov Fut)-Levels & Trading Strategy for 14-11-2011

Nifty(Nov Fut)-Levels

R3 5272
R2 5244
R1 5217
Avg 5189
S1 5162
S2 5134
S3 5107

Nifty(Nov Fut)-Trading Strategy

H6 5246     Trgt 2
H5 5233     Trgt 1
H4 5221     Long breakout
H3 5206     Go Short
H2 5201
H1 5196
L1 5185
L2 5180
L3 5175     Long
L4 5160     Short Breakout
L5 5148     Trgt 1
L6 5135     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Nov 14 to Nov 18,2011)

Nifty Spot-Weekly Levels

R3 5452
R2 5385
R1 5276
Avg 5209
S1 5100
S2 5033
S3 4924

Nifty Spot-Weekly Trading Strategy 

H6 5344     Trgt 2
H5 5304     Trgt 1
H4 5264     Long breakout
H3 5216     Go Short
H2 5200
H1 5184
L1 5151
L2 5135
L3 5119     Long
L4 5071     Short Breakout
L5 5031     Trgt 1
L6 4991     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Nov 14 to Nov 18,2011)

Bank Nifty Spot-Weekly Levels

R3 10334
R2 10115
R1 9708
Avg 9489
S1 9082
S2 8863
S3 8456

Bank Nifty Spot-Weekly Trading Strategy 

H6 9929     Trgt 2
H5 9787     Trgt 1
H4 9645     Long breakout
H3 9473     Go Short
H2 9415
H1 9358
L1 9243
L2 9186
L3 9128     Long
L4 8956     Short Breakout
L5 8814     Trgt 1
L6 8672     Trgt 2

Bank Nifty(Nov Fut)-Levels & Trading Strategy for 14-11-2011

Bank Nifty(Nov Fut)-Levels

R3 8881
R2 9082
R1 9201
Avg 9402
S1 9521
S2 9722
S3 9841

Bank Nifty(Nov Fut)-Trading Strategy

H6 9009     Trgt 2
H5 9076     Trgt 1
H4 9144     Long breakout
H3 9232     Go Short
H2 9261
H1 9290
L1 9349
L2 9378
L3 9408     Long
L4 9496     Short Breakout
L5 9563     Trgt 1
L6 9630     Trgt 2

Pre-Closing Outlook(11-11-2011)

All the Global markets crashed yesterday but Indian markets were closed and its reaction was seen today after gap down opening in Indian markets despite positive Asian markets.

Narrow range trading between 5142-5197 with supports at lower levels and selling at higher levels also. As today trading is mixed with multiple sentiments of national(IIP and inflation) and international news flow therefore today range break out should be watched first for next moves confirmations.

Gap down opening and gap could not be filled up as well as higher levels intraday selling also today therefore today trading range breaking down possibility turned higher.

Mid-session Outlook(11-11-2011)

Whole market turned bearish after weaker IIP data therefore intraday support seen at lower levels between 5147-5168 today and if Nifty sustains above this range then on going correction completion will be considered otherwise global cues led volatility only.

September IIP growth at 1.9% versus 4.1% in August

September IIP growth at 1.9% versus 4.1% in August and data is much below expectations.as well as Nifty is trading below 5229 also since opening today. Post Diwali up trend termination confirmation and Indian markets have again returned into previous 54 sessions trading range(4720-5229) and more weakness can not be ruled out now.

Post-open Outlook(11-11-2011)

Weak opening and Indian markets ignored today Asian cues as well as trading below  and 5203. Sustaing below 5180 will be confirmation of more weakness.

Pre-open Outlook(11-11-2011)

Asian markets are flat to positive after positive closing of US markets yesterday therefore sentiment is calm and Indian markets will also remain quiet after positive opening. Expected that Nifty will firstly trade and prepare for next moves between 5190-5250. As Global markets are highly volatile therefore Indian markets may prepare for next moves within little wider range and mentioned range break out will be next moves confirmation.

5203 Next Trend Decider amid Crashing Global Markets

Nifty-Intra Day Chart(09-Nov-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5280-5307
2- Whole day trading between 5212-5307

Conclusions from intra day chart analysis 

Sharp fall was seen in the last one hour but weakness and profit booking possibility was was understood immediately after opening and within first 8 minutes following voews were updated in Post-open Outlook(09-11-2011)

Positive zone trading after gap up opening but not strong therefore profit booking possibility will be kept in mind

Firstly narrow range selling and after that crashing global cues triggered sharp fall as well as Nifty closed(5221) below the top(5229) of previous 54 sessions range.

Nifty-Intra Day Chart(Oct 25 to Nov 09,2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 10 sessions intraday charts

1- Last 8 days trading between 5203-5365
2- Closing at the lowest of last 8 days range on 09-11-2011.
3- Last support range is 5203-5224.

Conclusions from 8 days intraday chart

Although Nifty closed at the lowest of last sessions but intraday patterns of previous sessions are not showing pure selling except 09-11-2011 and last Tuesday sharp fall was led by crashing global cues therefore sustaining below the lowest(5203) of last 8 sessions range is must for breaking down confirmation of last 8 sessions range.

Conclusions

Indian markets traded range bound 54 sessions between 4720-5229 and broken out after Greece debt problems solutions expectations. All the Global markets crashed within last 2 days after eruption of Italy financial problems and Nifty closed near the lowest of last 8 sessions range on 09-11-2011.

Opening will depend on Asian markets and Indian markets next trend will be decided by the lowest(5203) of last 8 sessions range. Sustaining below 5203 will be confirmation of last 8 sessions breaking down and then more down moves will be seen as well as Indian markets will wait for Italy problems solutions within 54 sessions range(5270-5229).

Highly volatile Global markets therefore today trading levels will be decided according to Asian markets behaviour and morning sentiment as well as will be updated in the coming outlooks and sustaining beyond 5203 should be firstly watched for next trend and and survival confirmation of last month started rally.

Indian Stock Markets Closing Reports(09-Nov-2011)

Main features of trading are as follows

1- All the Indices closed in Red except IT and FMCG
2- Long Black Candle.
3- Crashing Global cues led sharp fall.

Ratios

Nifty Put Call Ratio: 0.98
Nifty P/E Ratio(09-Nov-2011): 18.78

Advances & Declines

BSE ADVANCES : 968
BSE DECLINES :1909
NSE ADVANCES : 345
NSE DECLINES :1107

Nifty Open Interest Changed Today

Nifty- 5200 CE(Nov)- +399450(+15.94%)
Nifty- 5200 PE(Nov)- -27450(-0.57%)

Nifty- 5300 CE(Nov)- +1298100(+26.21%)
Nifty- 5300 PE(Nov)- +303500(+8.38%)

Closing 

Nifty- closed at 5,221.05(-68.30 Points & -1.29%)
Sensex- closed at 17,362.10(-207.43 Points & -1.18% )
CNX MIDCAP - closed at 7,217.35(-105.95 Points & -1.45%)
BSE SMALL CAP- closed at 6,872.56(-73.49 Points & -1.06%)

FII Trading Data in Derivatives Segment on 09-Nov-2011

FII & DII trading activity in Capital Market Segment on 09-Nov-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 09-Nov-2011 2280.59 1721.55 559.04

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 09-Nov-2011 811.92 1343.78 -531.86

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

Nifty Spot-Levels

R3 5394
R2 5355
R1 5288
Avg 5249
S1 5182
S2 5143
S3 5076

Nifty Spot-Trading Strategy

H6 5327     Trgt 2
H5 5303     Trgt 1
H4 5279     Long breakout
H3 5250     Go Short
H2 5240
H1 5230
L1 5211
L2 5201
L3 5191     Long
L4 5162     Short Breakout
L5 5138     Trgt 1
L6 5114     Trgt 2

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

Nifty(Nov Fut)-Levels

R3 5408
R2 5369
R1 5303
Avg 5264
S1 5198
S2 5159
S3 5093

Nifty(Nov Fut)-Trading Strategy

H6 5342     Trgt 2
H5 5318     Trgt 1
H4 5294     Long breakout
H3 5265     Go Short
H2 5256
H1 5246
L1 5227
L2 5217
L3 5208     Long
L4 5179     Short Breakout
L5 5155     Trgt 1
L6 5131     Trgt 2

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

Bank Nifty(Nov Fut)-Levels

R3 10220
R2 10085
R1 9845
Avg 9710
S1 9470
S2 9335
S3 9095

Bank Nifty(Nov Fut)-Trading Strategy

H6 9981     Trgt 2
H5 9896     Trgt 1
H4 9811     Long breakout
H3 9708     Go Short
H2 9673
H1 9639
L1 9570
L2 9536
L3 9501     Long
L4 9398     Short Breakout
L5 9313     Trgt 1
L6 9228     Trgt 2

Mid-session Outlook-3(09-11-2011)

Today intraday charts are showing selling intraday patterns at higher levels after showing opening weakness therefore more down moves are possible below 5280.

Mid-session Outlook-2(09-11-2011)

Sharp declines were seen after S.B.I. quarterly results but again intraday support seen near 5280. Amid high volatility following lines of today Mid-session Outlook are being repeated for next moves confirmations:-

firstly sustaining beyond 5280 should be watched for next moves confirmations.

Mid-session Outlook(09-11-2011)

Market strength was told in following lines in Post-open Outlook at 09:23:00 AM today:-

1- not strong therefore profit booking possibility
2- next moves confirmation levels for today will be sustaining beyond 5280-5323.

Markets slipped from higher levels and Nifty moved below 5280 also and hovering it around since then. Nifty is trading narrow between 5257-5323 for the last 3 sessions with good supports between 5257-5273 and complete selling is required today for slipping below 5257.

Consolidation signals are emerging near 5280 today therefore firstly sustaining beyond 5280 should be watched for next moves confirmations. As 2 previous days intraday patterns are showing consolidation formations therefore finally sustaining above 5323 possibility is high.