| ||||||||||||||||
| ||||||||||||||||
Indian Stock Markets Closing Reports(13-Feb-2012)
Main features of today trading are as follows
1- Doji Candle formation.
2- Mid Cap and Small Cap Indices closed with moderate gains while other Indices closed flat.
3- Market is preparing for next blasting moves in the coming sessions.
Ratios
Nifty Put Call Ratio: 1.27
Nifty P/E Ratio(13-Feb-2012):18.94
Advances & Declines
BSE Advances : 1496
BSE Declines : 1390
NSE Advances : 754
NSE Declines : 706
Nifty Open Interest Changed Today
Nifty- 5300 CE(Feb)- -250750(-6.97%)
Nifty- 5300 PE(Feb)- +955200(+14.10%)
Nifty- 5400 CE(Feb)- +230250(+4.01%)
Nifty- 5400 PE(Feb)- +599900(+12.66%)
Nifty- 5500 CE(Feb)- +259100(+3.71%)
Nifty- 5500 PE(Feb)- +340300(+26.26%)
Closing
Nifty- closed at 5,390.20(+8.60 Points & +0.16%)
Sensex- closed at 17,772.84(+24.15 Points & +0.14%)
CNX Midcap - closed at 7,551.80(+14.55 Points & +0.19%)
BSE Smallcap- closed at 6,903.57(+12.72 Points & +0.18%)
1- Doji Candle formation.
2- Mid Cap and Small Cap Indices closed with moderate gains while other Indices closed flat.
3- Market is preparing for next blasting moves in the coming sessions.
Ratios
Nifty Put Call Ratio: 1.27
Nifty P/E Ratio(13-Feb-2012):18.94
Advances & Declines
BSE Advances : 1496
BSE Declines : 1390
NSE Advances : 754
NSE Declines : 706
Nifty Open Interest Changed Today
Nifty- 5300 CE(Feb)- -250750(-6.97%)
Nifty- 5300 PE(Feb)- +955200(+14.10%)
Nifty- 5400 CE(Feb)- +230250(+4.01%)
Nifty- 5400 PE(Feb)- +599900(+12.66%)
Nifty- 5500 CE(Feb)- +259100(+3.71%)
Nifty- 5500 PE(Feb)- +340300(+26.26%)
Closing
Nifty- closed at 5,390.20(+8.60 Points & +0.16%)
Sensex- closed at 17,772.84(+24.15 Points & +0.14%)
CNX Midcap - closed at 7,551.80(+14.55 Points & +0.19%)
BSE Smallcap- closed at 6,903.57(+12.72 Points & +0.18%)
Nifty Spot-Levels & Trading Strategy for 14-02-2012
Nifty Spot-Levels
R3 5427
R2 5424
R1 5357
Avg 5354
S1 5287
S2 5284
S3 5217
Nifty Spot-Trading Strategy
H6 5460 Trgt 2
H5 5444 Trgt 1
H4 5428 Long breakout
H3 5409 Go Short
H2 5402
H1 5396
L1 5383
L2 5377
L3 5370 Long
L4 5351 Short Breakout
L5 5335 Trgt 1
L6 5319 Trgt 2
R3 5427
R2 5424
R1 5357
Avg 5354
S1 5287
S2 5284
S3 5217
Nifty Spot-Trading Strategy
H6 5460 Trgt 2
H5 5444 Trgt 1
H4 5428 Long breakout
H3 5409 Go Short
H2 5402
H1 5396
L1 5383
L2 5377
L3 5370 Long
L4 5351 Short Breakout
L5 5335 Trgt 1
L6 5319 Trgt 2
Nifty(Feb Fut)-Levels & Trading Strategy for 14-02-2012
Nifty(Feb Fut)-Levels
R3 5528
R2 5486
R1 5452
Avg 5410
S1 5376
S2 5334
S3 5300
Nifty(Feb Fut)-Trading Strategy
H6 5494 Trgt 2
H5 5477 Trgt 1
H4 5459 Long breakout
H3 5438 Go Short
H2 5431
H1 5424
L1 5411
L2 5404
L3 5397 Long
L4 5376 Short Breakout
L5 5358 Trgt 1
L6 5341 Trgt 2
R3 5528
R2 5486
R1 5452
Avg 5410
S1 5376
S2 5334
S3 5300
Nifty(Feb Fut)-Trading Strategy
H6 5494 Trgt 2
H5 5477 Trgt 1
H4 5459 Long breakout
H3 5438 Go Short
H2 5431
H1 5424
L1 5411
L2 5404
L3 5397 Long
L4 5376 Short Breakout
L5 5358 Trgt 1
L6 5341 Trgt 2
Bank Nifty(Feb Fut)-Levels & Trading Strategy for 14-02-2012
Bank Nifty(Feb Fut)-Levels
R3 10865
R2 10727
R1 10625
Avg 10487
S1 10385
S2 10247
S3 10145
Bank Nifty(Feb Fut)-Trading Strategy
H6 10590 Trgt 2
H5 10574 Trgt 1
H4 10559 Long breakout
H3 10541 Go Short
H2 10535
H1 10529
L1 10516
L2 10510
L3 10504 Long
L4 10486 Short Breakout
L5 10471 Trgt 1
L6 10456 Trgt 2
R3 10865
R2 10727
R1 10625
Avg 10487
S1 10385
S2 10247
S3 10145
Bank Nifty(Feb Fut)-Trading Strategy
H6 10590 Trgt 2
H5 10574 Trgt 1
H4 10559 Long breakout
H3 10541 Go Short
H2 10535
H1 10529
L1 10516
L2 10510
L3 10504 Long
L4 10486 Short Breakout
L5 10471 Trgt 1
L6 10456 Trgt 2
Pre-Closing Outlook(13-02-2012)
Indian markets completely under performed Global marktes today. Most of the Asian markets except SSEC closed more than half pct. up while Indian markets traded most of the time with marginal gains and in negative zone.
Indian markets moved up after all the European markets more than 1% positive trading and Dow'Futures turning 86 points up.
As today up moves from lower levels are lacking force and on the back of strong European markets news also therefore next upmoves confirmation is required tomorrow from sustaining above 5427 despite good recovery from intraday lower levels today.
Indian markets moved up after all the European markets more than 1% positive trading and Dow'Futures turning 86 points up.
As today up moves from lower levels are lacking force and on the back of strong European markets news also therefore next upmoves confirmation is required tomorrow from sustaining above 5427 despite good recovery from intraday lower levels today.
Mid-session Outlook-2(13-02-2012)
Nifty traded between 5422-5342 with higher levels selling and lower levels intraday supports. In the same manner today also higher levels selling and lower levels sypport seen between 5352-5392.
Today is 6th consecutive side ways market between 5323-5427 and next big moves final confirmation will be sustaining it beyond as well as result of preparation within this range.
Mid-session Outlook(13-02-2012)
Detailed analysis have already been updated in last 3 days. Intraday selling confirmations at higher levels between 5372-5392 today.
Long term Trend Up but Short Term Correction Due
Technical Analysis,Research & Weekly Outlook
(Feb 13 to Feb 17,2012)
6 Confirmations of Long Term Trend turning up
Technical Analysis & Research
Nifty-EOD Chart(10-Feb-2012):- |
| Just click on chart for its enlarged view |
6 Confirmations of Long Term Trend turning up
Long Term Trend turning up following 6 confirmations
1- 8 Sessions closing above trend Reversal 200-Day SMA (today is at 5178)
2- 9 Sessions closing above trend Reversal 200-Day EMA (today is at 5147)
3- 7 Sessions closing above trend Reversal 123 Sessions sideways market between 4720-5229.
4- 123 Sessions sideways market break out confirmation through more than 3 sessions sustaining above 5229.
5- 123 Sessions sideways market break out confirmation through more than 3% upward trading and closing near about 5386{5229+157(3% of 5229)}
6- Falling trend line break out.
Conclusions from EOD chart analysis
Although corrections will be seen but Long Term Trend turning up 6 confirmations and it means high possibility of that rally continuation which started on 20-12-2011 from 4532.
Daily Indicators suggesting Short Term Correction
Nifty-Daily Indicators and Averages Chart(10-Feb-2012):-
 |
| Just click on chart for its enlarged view |
Conclusions
1- Averages(EMA-8,21,55,200)- Averages are as follows:
8 Day EMA is at- 5327
21 Day EMA is at- 5176
55 Day EMA is at- 5030
200 Day EMA is at- 5147
2- Bollinger Band- is continuously moving along with Upper Band for the last 20 sessions therefore showing maturity of up trend.
3- MACD- Rising both lines are above 120 and in overbought zone.
4- ADX is above 65 and near its peaking level.
5- ROC- Showing divergence just below overbought zone.
5- RSI- Showing divergence in overbought zone.
Conclusions (After Putting All Indicators Together)
On going upmove is so strong that all the averages are rising in less than 2 months rally but all the indicators are overbought and showing clear divergence therefore short term correction is very much due now.
5325-5382 Will decide Deeper or Sideways Correction
Nifty-Micro Analysis of Intra Day Chart For 13-02-2012
Nifty-Intra Day Chart(10-Feb-2012):-
 |
| Just click on chart for its enlarged view |
Technical Patterns and Formations in today intraday charts
1- Selling between 5410-5427
2- Mixed Patterns between 5342-5382 in last more than 3 hours
3- Whole day trading between 5342-5427
Conclusions from intra day chart analysis
Firstly selling between 5410-5427 was seen after heated sentiment due to last hour sharp surge one day before. Although Nifty slipped to 5341.05 but when Nifty was trading at 5409 then following lines were told in Mid-session Outlook at 11:29:00 AM on 10-02-2012
"Although Nifty is trading above 5400 since opening today but intraday patterns are signalling selling patterns also at today higher levels"
Last 3 hours mixed intraday patterns were seen 5342-5382 on 10-02-2012 and more than 5 hours mixed intraday patterns were seen in almost same range within 5325-5380 on 09-02-2012 therefore range of 5325-5382 has become most crucial and will give following moves confirmations:-
1- Correction completion within 5 days sideways moves(5323-5427) after fresh consolidation between 5325-5382.
2- Depper correction after follow up selling between or near about 5325-5382 on next Monday and then breaking down of 5 days range(5323-5427).
Although deeper correction possibilities turned higher after higher levels selling and lower levels mixed patterns but next big decisive moves first strong signal will arrive from sustaining beyond 5325-5382 on 13-02-2012 and should be firstly watched for confirmations.
Conclusions (After Putting All Studies Together)
6 Confirmations of Long Term Trend turning up after 894 Nifty Points rally but Sentiment is boiling and Indicators are overbought as well as showing divergences also therefore short term correction is very much due now.
Nifty was completely sideways between 5323-5427 in the previous week and mixed intraday trading patterns within this range. Suustaining below 5323 will mean deeper correction and its possibilities have turned higher also after higher levels selling in previous week. Sustaining below 5323 will mean high possibility of next supports testing near 5250/5100
Many times Bull markets corrects at higher levels within sideways moves and it has been seen in previous week all 5 sessions trading therefore firstly sustaining beyond previous week range(5323-5427) should be watched. Follow up consolidation in next week will mean rally continuation after sustaining above 5427 and sustaining below 5323 will mean firstly deeper correcton and latern on rally after its completions.
Daily Indicators suggesting Short Term Correction
Daily Indicators and Averages Analysis
Nifty-Daily Indicators and Averages Chart(10-Feb-2012):-
|
| Just click on chart for its enlarged view |
Conclusions
1- Averages(EMA-8,21,55,200)- Averages are as follows:
8 Day EMA is at- 5327
21 Day EMA is at- 5176
55 Day EMA is at- 5030
200 Day EMA is at- 5147
2- Bollinger Band- is continuously moving along with Upper Band for the last 20 sessions therefore showing maturity of up trend.
3- MACD- Rising both lines are above 120 and in overbought zone.
4- ADX is above 65 and near its peaking level.
5- ROC- Showing divergence just below overbought zone.
5- RSI- Showing divergence in overbought zone.
Conclusions (After Putting All Indicators Together)
On going upmove is so strong that all the averages are rising in less than 2 months rally but all the indicators are overbought and showing clear divergence therefore short term correction is very much due now.
6 Confirmations of Long Term Trend turning up
Technical Analysis & Research
Nifty-EOD Chart(10-Feb-2012):-
|
| Just click on chart for its enlarged view |
6 Confirmations of Long Term Trend turning up
Long Term Trend turning up following 6 confirmations
1- 8 Sessions closing above trend Reversal 200-Day SMA (today is at 5178)
2- 9 Sessions closing above trend Reversal 200-Day EMA (today is at 5147)
3- 7 Sessions closing above trend Reversal 123 Sessions sideways market between 4720-5229.
4- 123 Sessions sideways market break out confirmation through more than 3 sessions sustaining above 5229.
5- 123 Sessions sideways market break out confirmation through more than 3% upward trading and closing near about 5386{5229+157(3% of 5229)}
6- Falling trend line break out.
Conclusions from EOD chart analysis
Although corrections will be seen but Long Term Trend turning up 6 confirmations and it means high possibility of that rally continuation which started on 20-12-2011 from 4532.
5325-5382 Will decide Deeper or Sideways Correction
Nifty-Micro Analysis of Intra Day Chart For 13-02-2012
Nifty-Intra Day Chart(10-Feb-2012):-
|
| Just click on chart for its enlarged view |
Technical Patterns and Formations in today intraday charts
1- Selling between 5410-5427
2- Mixed Patterns between 5342-5382 in last more than 3 hours
3- Whole day trading between 5342-5427
Conclusions from intra day chart analysis
Firstly selling between 5410-5427 was seen after heated sentiment due to last hour sharp surge one day before. Although Nifty slipped to 5341.05 but when Nifty was trading at 5409 then following lines were told in Mid-session Outlook at 11:29:00 AM on 10-02-2012
"Although Nifty is trading above 5400 since opening today but intraday patterns are signalling selling patterns also at today higher levels"
Last 3 hours mixed intraday patterns were seen 5342-5382 on 10-02-2012 and more than 5 hours mixed intraday patterns were seen in almost same range within 5325-5380 on 09-02-2012 therefore range of 5325-5382 has become most crucial and will give following moves confirmations:-
1- Correction completion within 5 days sideways moves(5323-5427) after fresh consolidation between 5325-5382.
2- Depper correction after follow up selling between or near about 5325-5382 on next Monday and then breaking down of 5 days range(5323-5427).
Although deeper correction possibilities turned higher after higher levels selling and lower levels mixed patterns but next big decisive moves first strong signal will arrive from sustaining beyond 5325-5382 on 13-02-2012 and should be firstly watched for confirmations.
FII & DII trading activity in Capital Market Segment on 10-Feb-2012
| ||||||||||||||||
| ||||||||||||||||
Indian Stock Markets Closing Reports(10-Feb-2012)
Main features of today trading are as follows
1- Black Doji Candle.
2- Benchmark Indices closed in Red.
3- All the Indices closed with flat to minor losses except Metals which closed with minor gains.
4- Most of the Indices slipped from higher levels.
Ratios
Nifty Put Call Ratio:1.15
Nifty P/E Ratio(10-Feb-2012):19.00
Advances & Declines
BSE Advances : 1434
BSE Declines : 1515
NSE Advances : 645
NSE Declines : 804
Nifty Open Interest Changed Today
Nifty- 5200 CE(Feb)- -256750(-9.19%)
Nifty- 5200 PE(Feb)- +258650(+3.83%)
Nifty- 5300 CE(Feb)- -218600(-5.70%)
Nifty- 5300 PE(Feb)- +285800(+4.26%)
Nifty- 5400 CE(Feb)- +480200(+8.99%)
Nifty- 5400 PE(Feb)- +722350(+17.11%)
Closing
Nifty- closed at 5,381.60(-30.75 Points & -0.57%)
Sensex- closed at 17,748.69(-82.06 Points & -0.46%)
CNX Midcap - closed at 7,537.25(+3.65 Points & +0.05%)
BSE Smallcap- closed at 6,890.85(-1.64 Points & -0.02%)
Nifty Spot-Levels & Trading Strategy for 13-02-2012
Nifty Spot-Levels
R3 5511
R2 5469
R1 5425
Avg 5383
S1 5339
S2 5297
S3 5253
Nifty Spot-Trading Strategy
H6 5467 Trgt 2
H5 5447 Trgt 1
H4 5428 Long breakout
H3 5404 Go Short
H2 5396
H1 5388
L1 5373
L2 5365
L3 5357 Long
L4 5333 Short Breakout
L5 5314 Trgt 1
L6 5294 Trgt 2
R3 5511
R2 5469
R1 5425
Avg 5383
S1 5339
S2 5297
S3 5253
Nifty Spot-Trading Strategy
H6 5467 Trgt 2
H5 5447 Trgt 1
H4 5428 Long breakout
H3 5404 Go Short
H2 5396
H1 5388
L1 5373
L2 5365
L3 5357 Long
L4 5333 Short Breakout
L5 5314 Trgt 1
L6 5294 Trgt 2
Nifty(Feb Fut)-Levels & Trading Strategy for 13-02-2012
Nifty(Feb Fut)-Levels
R3 5536
R2 5489
R1 5443
Avg 5396
S1 5350
S2 5303
S3 5257
Nifty(Feb Fut)-Trading Strategy
H6 5490 Trgt 2
H5 5469 Trgt 1
H4 5448 Long breakout
H3 5422 Go Short
H2 5414
H1 5405
L1 5388
L2 5379
L3 5371 Long
L4 5345 Short Breakout
L5 5324 Trgt 1
L6 5303 Trgt 2
R3 5536
R2 5489
R1 5443
Avg 5396
S1 5350
S2 5303
S3 5257
Nifty(Feb Fut)-Trading Strategy
H6 5490 Trgt 2
H5 5469 Trgt 1
H4 5448 Long breakout
H3 5422 Go Short
H2 5414
H1 5405
L1 5388
L2 5379
L3 5371 Long
L4 5345 Short Breakout
L5 5324 Trgt 1
L6 5303 Trgt 2
Bank Nifty(Feb Fut)-Levels & Trading Strategy for 13-02-2012
Bank Nifty(Feb Fut)-Levels
R3 10832
R2 10711
R1 10588
Avg 10467
S1 10344
S2 10223
S3 10100
Bank Nifty(Feb Fut)-Trading Strategy
H6 10711 Trgt 2
H5 10655 Trgt 1
H4 10599 Long breakout
H3 10532 Go Short
H2 10509
H1 10487
L1 10442
L2 10420
L3 10397 Long
L4 10330 Short Breakout
L5 10274 Trgt 1
L6 10218 Trgt 2
R3 10832
R2 10711
R1 10588
Avg 10467
S1 10344
S2 10223
S3 10100
Bank Nifty(Feb Fut)-Trading Strategy
H6 10711 Trgt 2
H5 10655 Trgt 1
H4 10599 Long breakout
H3 10532 Go Short
H2 10509
H1 10487
L1 10442
L2 10420
L3 10397 Long
L4 10330 Short Breakout
L5 10274 Trgt 1
L6 10218 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Feb 13 to Feb 17 2012)
Nifty Spot-Weekly Levels
R3 5535
R2 5481
R1 5431
Avg 5377
S1 5327
S2 5273
S3 5223
Nifty Spot-Weekly Trading Strategy
H6 5486 Trgt 2
H5 5462 Trgt 1
H4 5438 Long breakout
H3 5409 Go Short
H2 5400
H1 5390
L1 5371
L2 5361
L3 5352 Long
L4 5323 Short Breakout
L5 5299 Trgt 1
L6 5275 Trgt 2
R3 5535
R2 5481
R1 5431
Avg 5377
S1 5327
S2 5273
S3 5223
Nifty Spot-Weekly Trading Strategy
H6 5486 Trgt 2
H5 5462 Trgt 1
H4 5438 Long breakout
H3 5409 Go Short
H2 5400
H1 5390
L1 5371
L2 5361
L3 5352 Long
L4 5323 Short Breakout
L5 5299 Trgt 1
L6 5275 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Feb 13 to Feb 17 2012)
Bank Nifty Spot-Weekly Levels
R3 10975
R2 10765
R1 10603
Avg 10393
S1 10231
S2 10021
S3 9859
Bank Nifty Spot-Weekly Trading Strategy
H6 10823 Trgt 2
H5 10735 Trgt 1
H4 10646 Long breakout
H3 10544 Go Short
H2 10510
H1 10476
L1 10407
L2 10373
L3 10339 Long
L4 10237 Short Breakout
L5 10148 Trgt 1
L6 10060 Trgt 2
R3 10975
R2 10765
R1 10603
Avg 10393
S1 10231
S2 10021
S3 9859
Bank Nifty Spot-Weekly Trading Strategy
H6 10823 Trgt 2
H5 10735 Trgt 1
H4 10646 Long breakout
H3 10544 Go Short
H2 10510
H1 10476
L1 10407
L2 10373
L3 10339 Long
L4 10237 Short Breakout
L5 10148 Trgt 1
L6 10060 Trgt 2
Pre-Closing Outlook(10-02-2012)
Following topic name was posted in the Weekly Outlook of this week:-
Blasting Rally is on After all trends turning Up
Positive weekly closing has proved the accuracy of our weekly projection.
Whole week sideways market between 5323-5427 with both lower levels buying and higher levels selling therefore Nifty will firstly trade within this range in the beginning of next week. Technically confirmation of all trends turning up as well as continuation of Bull rally but correction is main demand also. Following 2 demands in the beginning of next week;-
1- If Nifty finally sustains above 5427 in next week then that will be confirmation of Bullish rally after correction completion within range bound market of this week.
2- Sustaining below 5323 will mean rally after deeper correction.
Blasting Rally is on After all trends turning Up
Positive weekly closing has proved the accuracy of our weekly projection.
Whole week sideways market between 5323-5427 with both lower levels buying and higher levels selling therefore Nifty will firstly trade within this range in the beginning of next week. Technically confirmation of all trends turning up as well as continuation of Bull rally but correction is main demand also. Following 2 demands in the beginning of next week;-
1- If Nifty finally sustains above 5427 in next week then that will be confirmation of Bullish rally after correction completion within range bound market of this week.
2- Sustaining below 5323 will mean rally after deeper correction.
Subscribe to:
Posts (Atom)