Nifty(Dec Fut)-Levels & Trading Strategy for 29-12-2011

Nifty(Dec Fut)-Levels

R3 4826
R2 4791
R1 4751
Avg 4716
S1 4676
S2 4641
S3 4601

Nifty(Dec Fut)-Trading Strategy

H6 4786     Trgt 2
H5 4769     Trgt 1
H4 4752     Long breakout
H3 4731     Go Short
H2 4724
H1 4717
L1 4704
L2 4697
L3 4690     Long
L4 4669     Short Breakout
L5 4652     Trgt 1
L6 4635     Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 29-12-2011

Bank Nifty(Dec Fut)-Levels

R3 8411
R2 8328
R1 8224
Avg 8141
S1 8037
S2 7954
S3 7850

Bank Nifty(Dec Fut)-Trading Strategy

H6 8309     Trgt 2
H5 8266     Trgt 1
H4 8223     Long breakout
H3 8172     Go Short
H2 8155
H1 8138
L1 8103
L2 8086
L3 8069     Long
L4 8018     Short Breakout
L5 7975     Trgt 1
L6 7932     Trgt 2

Pre-Closing Outlook(28-12-2011)

Whole day negative zone trading after weaker global cues with mixed intraday patterns. Nifty traded most of the time between 4686-4724 with lower levels minor intraday support and higher levels selling also.

Sustaining beyond above mentioned range will decide the fate of previous week begun rally therefore will be watched first of all tomorrow.

Mid-session Outlook-2(28-12-2011)

Almost last 4 hours trading between 4692-4717 and sustaining beyond this range will be decide the fate of previous week begun rally therefore just watch sustaining beyond this range for next move confirmation.

Mid-session Outlook(28-12-2011)

As all the Asian markets were weak therefore Indian markets are trading in Red since opening but minor intraday support also seen between 4692-4717 today.

Pre-open Outlook(28-12-2011)

US markets lost all intraday gains and closed flat as well as all the Asian markets are in Red therefore sentiment is weak and negative opening will be seen in Indian markets. Nifty will firstly trade between 4700-4750 and finally sustaining below 4732 will be more down moves confirmation.

Rally continuation hopes alive despite Red Closing today

Nifty-Micro Analysis of Intra Day Chart For 28-12-2011

Nifty-Intra Day Chart(27-dec-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Trading within Yesterday Trading Range(4758-4787) and both sides break out.
2- Down moves in Falling Channel with both sides break out.
3- Intraday Support at lower level between 4732-4747
4- Whole day trading between 4732-4800

Conclusions from intra day chart analysis 

Following 2 consolidation signals;-

1- Down moves in Falling Channel
2- Intraday Support at lower level

Nifty traded most time within last two sessions between 4732-4800 with consolidation signals but today intraday slipping from higher levels and closing little above intraday lower levels also seen today therefore seems that today more than 4 hours down moves are giving correction indication of last 4 sessions upmoves.

For precaution sustaining beyond following levels will be kept in mind;-

1- Firstly Yesterday Trading Range(4758-4787) because Nifty traded and  most time hovered around this range in last 2 sessions.
2- Today trading Range (4732-4800) because market reversed from intraday tops and bottoms of this range.

Today down moves and no clear intraday selling pattern but consolidation indications also therefore continuation hopes of previous week begun rally is alive. Although may slip little more but expected that finally on going rally will remin continued in the coming sessions after some more consolidation.

FII Trading Data in Derivatives Segment on 27-Dec-2011

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%)