FII & DII trading activity in Capital Market Segment on 27-Dec-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 27-Dec-2011 1038.06 823.75 214.31

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 27-Dec-2011 497.22 592.51 -95.29

Indian Stock Markets Closing Reports(27-Dec-2011)

Main features of today trading are as follows

1- All the Indices closed in Red but with marginal loss.
2- Black Candle.
3- Most of the time sideways volatile market within yesterday trading range.

Ratios

Nifty Put Call Ratio: 0.95
Nifty P/E Ratio(27-Dec-2011): 17.20

Advances & Declines

BSE ADVANCES : 1188
BSE DECLINES :    1502
NSE ADVANCES :    577
NSE DECLINES :       842

Nifty Open Interest Changed Today

Nifty- 4700 CE(Dec)- +452000(+12.34%)
Nifty- 4700 PE(Dec)- -100600(-1.51%)

Nifty- 4800 CE(Dec)- +586900(+8.95%)
Nifty- 4800 PE(Dec)- -195150(-3.80%)

Closing 

Nifty- closed at 4,750.50(-28.50 Points & -0.60%)
Sensex- closed at 15,873.95(-96.80 Points & -0.61%)
CNX MIDCAP - closed at 6,188.35(-46.65 Points & -0.75%)
BSE SMALL CAP- closed at 5,650.02(-19.96 Points & -0.35%)

Nifty Spot-Levels & Trading Strategy for 28-12-2011

Nifty Spot-Levels

R3 4869
R2 4834
R1 4792
Avg 4757
S1 4715
S2 4680
S3 4638

Nifty Spot-Trading Strategy

H6 4827     Trgt 2
H5 4809     Trgt 1
H4 4792     Long breakout
H3 4771     Go Short
H2 4764
H1 4757
L1 4742
L2 4735
L3 4728     Long
L4 4707     Short Breakout
L5 4690     Trgt 1
L6 4672     Trgt 2

Nifty(Dec Fut)-Levels & Trading Strategy for 28-12-2011

Nifty(Dec Fut)-Levels

R3 4880
R2 4844
R1 4797
Avg 4761
S1 4714
S2 4678
S3 4631

Nifty(Dec Fut)-Trading Strategy

H6 4833     Trgt 2
H5 4814     Trgt 1
H4 4795     Long breakout
H3 4772     Go Short
H2 4765
H1 4757
L1 4742
L2 4734
L3 4727     Long
L4 4704     Short Breakout
L5 4685     Trgt 1
L6 4666     Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 28-12-2011

Bank Nifty(Dec Fut)-Levels

R3 8508
R2 8438
R1 8356
Avg 8286
S1 8204
S2 8134
S3 8052

Bank Nifty(Dec Fut)-Trading Strategy

H6 8428     Trgt 2
H5 8393     Trgt 1
H4 8358     Long breakout
H3 8316     Go Short
H2 8302
H1 8288
L1 8261
L2 8247
L3 8233     Long
L4 8191     Short Breakout
L5 8156     Trgt 1
L6 8121     Trgt 2

Pre-closing Report(27-12-2011)

More than 9 hours sideways market between 29 points range(4758-4787) with both side break out but down side break out was with good force therefore down moves possibilities have been increased. As volatile markets therefore finally sustaining beyond 5758 will give confimation and will be watched tomorrow.

Mid-session Outlook-2(27-12-2011)

No guessing and nothing adding from our side and whatsoever market tells us,we update only all that in our Outlooks.

As market was not prepared for any side decisive move and was preparing for decisive moves therefore we gave only 29 points trading range(4758-4787) as well as told for confirmations through sustaining beyond mentioned range and same view was repeated also after moving above 4787.

Nifty traded most of the time within mentioned range(4758-4787) and taking positions for next moves within this range as well as finally sustaining beyond will be next trend confirmations.

Mid-session Outlook(27-12-2011)

Following line was told yesterday in Firstly Watch Sustaining beyond Mentioned Range for Confirmations:-

As minor consolidation patterns signals also seen within 29 points range today therefore upward break out is expected also.

Upward break out seen on expected lines and Nifty tested 4800 today. 

Firstly sustaining above 4787 and then yesterday told followng lines should be kept in mind for next decisive up moves confirmations:-

4 Sessions Pull Back Rally and that will gain strength after sustaining above minimum 1st resistance(4780-4838) and then Short term trend will be up.

Post-open Outlook(27-12-2011)

As Indian markets were not prepared for any decisive moves therefore following line was told yesterday in Firstly Watch Sustaining beyond Mentioned Range for Confirmations:-

Sustaining beyond mentioned range(4758-4787) will be firstly watched tomorrow for next immediate moves confirmations.

Nifty is trading within this small 29 points range since opening today and view is same which was updated yesterday.

Firstly Watch Sustaining beyond Mentioned Range for Confirmations

Nifty-Micro Analysis of Intra Day Chart For 27-12-2011

Nifty-Intra Day Chart(26-dec-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Firstly 60 points up in 1st hour.
2- Last 5 hours trading with mixed intraday patterns between 4758-4787
3- Whole day trading between 4727-4787

Conclusions from intra day chart analysis

Firstly 60 points up in 1st hour and then last more than 5 hours trading with mixed intraday patterns between 4758-4787 therefore no clear confirmation from intraday charts formations today. Break out and sustaining beyond today last 5 hours range will be next immediate move confirmation and first of all that will be watched tomorrow.

4 Sessions Pull Back Rally and that will gain strength after sustaining above minimum 1st resistance(4780-4838) and then Short term trend will be up.

As last Thursday minor intraday correction was concluded and last Friday rally continuation got confirmation and that was clearly projected same day but no such conclusion today therefore no guessing and nothing adding from our side and follwoing conclusions are being given:-

Mixed intraday patterns in last 5 hours therefore finally confirmation will be sustaining beyond 4758-4787. As minor consolidation patterns signals also seen within 29 points range today therefore upward break out is expected also.

Sustaining beyond mentioned range(4758-4787) will be firstly watched tomorrow for next immediate moves confirmations.

FII Trading Data in Derivatives Segment on 26-Dec-2011

FII & DII trading activity in Capital Market Segment on 26-Dec-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 26-Dec-2011 547.02 433.59 113.43

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 26-Dec-2011 435.94 554.92 -118.98

Indian Stock Markets Closing Reports(26-Dec-2011)

Main features of today trading are as follows

1- All the Indices closed in Green.
2- Long White Candle.
3- More than 5 ohurs sideways trading and its break out will give strong moves.

Ratios

Nifty Put Call Ratio: 0.96
Nifty P/E Ratio(26-Dec-2011): 17.31

Advances & Declines

BSE ADVANCES : 1726
BSE DECLINES :  996
NSE ADVANCES :  958
NSE DECLINES :  470

Nifty Open Interest Changed Today

Nifty- 4700 CE(Dec)- -605500(-13.80%)
Nifty- 4700 PE(Dec)- +1512250(+28.26%)

Nifty- 4800 CE(Dec)- +923750(+15.41%)
Nifty- 4800 PE(Dec)- +1632800(+45.31%)

Closing 

Nifty- closed at 4,779(+65 Points & +1.38%)
Sensex- closed at 15,970.75(+232.05 Points & +1.47% )
CNX MIDCAP - closed at 6,235(+47.35 Points & +0.77%)
BSE SMALL CAP- closed at 5,674.83(+59.93 Points & +1.07%)

Nifty Spot-Levels & Trading Strategy for 27-12-2011

Nifty Spot-Levels

R3 4873
R2 4830
R1 4804
Avg 4761
S1 4735
S2 4692
S3 4666

Nifty Spot-Trading Strategy

H6 4848     Trgt 2
H5 4832     Trgt 1
H4 4816     Long breakout
H3 4797     Go Short
H2 4791
H1 4785
L1 4772
L2 4766
L3 4760     Long
L4 4741     Short Breakout
L5 4725     Trgt 1
L6 4709     Trgt 2

Nifty(Dec Fut)-Levels & Trading Strategy for 27-12-2011

Nifty(Dec Fut)-Levels

R3 4903
R2 4853
R1 4820
Avg 4770
S1 4737
S2 4687
S3 4654

Nifty(Dec Fut)-Trading Strategy

H6 4871     Trgt 2
H5 4851     Trgt 1
H4 4832     Long breakout
H3 4809     Go Short
H2 4802
H1 4794
L1 4779
L2 4771
L3 4764     Long
L4 4741     Short Breakout
L5 4722     Trgt 1
L6 4702     Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 27-12-2011

Bank Nifty(Dec Fut)-Levels

R3 8606
R2 8520
R1 8452
Avg 8366
S1 8298
S2 8212
S3 8144

Bank Nifty(Dec Fut)-Trading Strategy

H6 8540     Trgt 2
H5 8505     Trgt 1
H4 8469     Long breakout
H3 8427     Go Short
H2 8413
H1 8399
L1 8370
L2 8356
L3 8342     Long
L4 8300     Short Breakout
L5 8264     Trgt 1
L6 8229     Trgt 2

Pre-Closing Outlook(26-12-2011)

As last more than 5 hours trading with mixed intraday patterns between 4758-4787 therefore break out and sustaining beyond this range will be next immediate move confirmation and first of all will be watched because intraday patterns within this 29 points range have not shown clear indications yet.

As consolidation patterns minor signals therefore upward break out is expected and mentioned range(4758-4787) break out will be next moves confirmations.

Mid-session Outlook(26-12-2011)

Next resistance is between 4780-4838 and Nifty is trading just below this range for the last 4 hours between 4758-4778,break out and sustaining beyond this range will be next immediate move confirmation therefore first of all will be watched because intraday patterns within this 20 points range have not shown clear indications yet.

Although upward break out is expected but confirmation is must through break out.

Rally continued after minor correction completion

Post-open Outlook(26-12-2011)

Nifty is more than 1% up within 1st hour today and for such move following line was told in Pull Back Rally Continuation after Today Consolidations on 23-12-2011

whole day intraday pattern is suggesting consolidation formation today therefore no threat to previous week started rally and its continuation will be seen 

Expected that Rally will continue after completion of minor correction last Friday and that correction was also told one day before on 22-12-2011 in following topic:-

Continuation of Rally after Consolidation and Minor Intraday Correction

Wish you all Merry Christmas

9 Laxman Rekha(Crucial Levels) for Bullish Indian Markets

Weekly Outlook(Dec 26 to Dec 30,2011)

Nifty-EOD Chart(23-Dec-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1st impulsive wave begun on 27-10-2008 from 2252
2nd corrective wave begun on 12-06-2009 from 4693
3rd impulsive wave begun on 13-07-2009 from 3919
4th corrective wave begun on 05-11-2010 from 6338(2419 Points rally of Wave-3)

Conclusions from EOD chart analysis 

Above whole waves structure was completely at stake when Nifty slipped below 4693 but its survival signal after Nifty 2 days closing above 4693. If Nifty sustains above 4693 then it will be confirmation of last 3 years Waves structure survival and next moves of Indian markets will be understood accordingly.

All trends are down and will be up after sustaining above following levels:-

1- Short term trend will be up above 4840
2- Intermediate term trend will be up above 5099
3- Long term trend will be up above 5205(200 Day EMA level today)

Next immediate supports are as follows:-

1- 4635-4663
2- 4602-4624
2- 4560-4590

Next immediate Resistances are as follows:-

1- 4780-4838
2- 4928-4980
3- 5080-5098

Nifty-EOD Chart(23-Dec-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- 13 Months Falling Trend Line correction of Wave 4.
2- Side ways market between 4720-5229 in 91 Sessions.
3- Trend Reversal Broadening Pattern at the bottom of correction.

Conclusions from EOD chart analysis 

As trend reversal Broadening Pattern formation in 91 sessions therefore it will certainly have power to reverse 13 months correction after breaking out above rising higher trend line.


Conclusions (After Putting All Studies Together)

Up moves have just begun 3 sessions before and sustaining above following levels are also required one by one for confirmation of a decisive rally as well as Wave 5 commencement:-

1- Sustaining above 4693(Top of Wave 1)
2- Sustaining above falling lower trend line of Broadening Pattern.
3- Sustaining above 4720(Lower level of 91 sessions side ways market)
4- Sustaining above 4840 for Short term trend turning up.
5- Sustaining above 5099 for Intermediate term trend turning up.
6- Sustaining above 200 Day EMA for Long term trend turning up.
7- Sustaining above Falling Trend line from the top of Wave 3 which has given resistances 6 times in last 13 months.
8- Sustaining above 5229(Higher level of 91 sessions side ways market)
9- Sustaining above rising higher trend line of Broadening Pattern.

Although many resistances are upto 6338 but sustaining above mentioned 9 Laxman Rekhas(Levels) will be confirmation of big strength and then blasting Bullish market will be expected above 9th level..

13(Fibonacci number) Months Correction of Wave 3

Wave 3 finished and 4th corrective wave begun on 05-11-2010 and it has completed 13 months. As 13 is a Fibonacci number therefore correction completion as well as trend reversal possibility in 13th corrective month will be possible. As 91 Sessions old trend reversal Broadening Pattern formation also at the bottom of 13 months correction therefore following Bullish possibilities are very much alive;-

1- Impulsive Wave 5 beginning after completion of Wave 4 and strong rally
2- Formtions of new all time highs in the coming year/years

Weekly Outlook(Dec 26 to Dec 30,2011)

More consolidation are required in the beginning of next week but good consolidations and base formation in previous week therefore previous begun Rally will remain continued and Nifty will counter above mentioned Resistance range and finally positive next week will be seen.