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Nifty Spot-Levels & Trading Strategy for 16-02-2012
Nifty Spot-Levels
R3 5644
R2 5593
R1 5562
Avg 5511
S1 5480
S2 5429
S3 5398
Nifty Spot-Trading Strategy
H6 5614 Trgt 2
H5 5595 Trgt 1
H4 5576 Long breakout
H3 5553 Go Short
H2 5546
H1 5538
L1 5523
L2 5515
L3 5508 Long
L4 5485 Short Breakout
L5 5466 Trgt 1
L6 5447 Trgt 2
R3 5644
R2 5593
R1 5562
Avg 5511
S1 5480
S2 5429
S3 5398
Nifty Spot-Trading Strategy
H6 5614 Trgt 2
H5 5595 Trgt 1
H4 5576 Long breakout
H3 5553 Go Short
H2 5546
H1 5538
L1 5523
L2 5515
L3 5508 Long
L4 5485 Short Breakout
L5 5466 Trgt 1
L6 5447 Trgt 2
Nifty(Feb Fut)-Levels & Trading Strategy for 16-02-2012
Nifty(Feb Fut)-Levels
R3 5674
R2 5619
R1 5585
Avg 5530
S1 5496
S2 5441
S3 5407
Nifty(Feb Fut)-Trading Strategy
H6 5642 Trgt 2
H5 5621 Trgt 1
H4 5600 Long breakout
H3 5576 Go Short
H2 5568
H1 5560
L1 5543
L2 5535
L3 5527 Long
L4 5503 Short Breakout
L5 5482 Trgt 1
L6 5461 Trgt 2
R3 5674
R2 5619
R1 5585
Avg 5530
S1 5496
S2 5441
S3 5407
Nifty(Feb Fut)-Trading Strategy
H6 5642 Trgt 2
H5 5621 Trgt 1
H4 5600 Long breakout
H3 5576 Go Short
H2 5568
H1 5560
L1 5543
L2 5535
L3 5527 Long
L4 5503 Short Breakout
L5 5482 Trgt 1
L6 5461 Trgt 2
Bank Nifty(Feb Fut)-Levels & Trading Strategy for 16-02-2012
Bank Nifty(Feb Fut)-Levels
R3 11441
R2 11219
R1 11095
Avg 10873
S1 10749
S2 10527
S3 10403
Bank Nifty(Feb Fut)-Trading Strategy
H6 11327 Trgt 2
H5 11244 Trgt 1
H4 11161 Long breakout
H3 11066 Go Short
H2 11034
H1 11002
L1 10939
L2 10907
L3 10875 Long
L4 10780 Short Breakout
L5 10697 Trgt 1
L6 10614 Trgt 2
R3 11441
R2 11219
R1 11095
Avg 10873
S1 10749
S2 10527
S3 10403
Bank Nifty(Feb Fut)-Trading Strategy
H6 11327 Trgt 2
H5 11244 Trgt 1
H4 11161 Long breakout
H3 11066 Go Short
H2 11034
H1 11002
L1 10939
L2 10907
L3 10875 Long
L4 10780 Short Breakout
L5 10697 Trgt 1
L6 10614 Trgt 2
Pre-Closing Outlook(15-02-2012)
Next Bullish phase resumed today after correction completion within 7 days sideways moves. It was told many times that in Bull markets consolidation happend within narrow range market and it was seen also. Today break out with huge volumes therefore more confirmation of today Bullish Break out.
Rally is very much on and testing of next resistances within 5600-5700 will be seen in the coming sessions.
Rally is very much on and testing of next resistances within 5600-5700 will be seen in the coming sessions.
Post-open Outlook(15-02-2012)
Dow's Futures was in Red today morning but surged to +61 and sparked all the Asian markets as well as paved the way of gap up opening and sustaining above 5428 also.
7 days Range break out confirmation today morning immediately after opening and correction completion confirmation also within sideways market. Rally is very much on to test resistances between 5600-5700.
7 days Range break out confirmation today morning immediately after opening and correction completion confirmation also within sideways market. Rally is very much on to test resistances between 5600-5700.
5418/5428 will decide the fate of 2nd inning today
All trends are up and Indian markets are range bound as well as preparing for next more than 5% decisive moves within 5323-5428 for the last 7 sessions with lower levels buying and higher levels distribution patterns.
Indian markkets traded between 5394-5418 with intraday distribution patterns yesterday but most Asian markets are positive and sentiment is good today morning therefore Nifty will firstly trade at/above the higher levels of last 7 sessions trading range.
All trends are up and markets consolidated at higher levels also in Bullish markets therefore sustaining above 5418/5428 will be firstly watched today for upward break out confirmation of last 7 days range. Finally sustaining above 5418/5428 today will mean sharp surge and testing of 2011 higher levels resistances.
5418/5428 will decide the fate 2nd inning therefore sustaining beyond should be firstly watched today.
Indian markkets traded between 5394-5418 with intraday distribution patterns yesterday but most Asian markets are positive and sentiment is good today morning therefore Nifty will firstly trade at/above the higher levels of last 7 sessions trading range.
All trends are up and markets consolidated at higher levels also in Bullish markets therefore sustaining above 5418/5428 will be firstly watched today for upward break out confirmation of last 7 days range. Finally sustaining above 5418/5428 today will mean sharp surge and testing of 2011 higher levels resistances.
5418/5428 will decide the fate 2nd inning therefore sustaining beyond should be firstly watched today.
Nifty-Micro Analysis of Intra Day Chart For 15-02-2012
Nifty-Intra Day Chart(14-Feb-2012):-
1- Distribution Patterns between 5394-5418
2- Whole day trading between 5381-5428
Although LTP was at the top of the day today after almost whole time positive zone trading but most of the time Distribution Patterns seen between 5394-5418 therefore correction continuation possibility between 5323-5427 is still alive.
Sustaing beyond 5394-5418 will be firstly watched tomorrow and until Nifty will not sustain above 5418 till then further upmove will not be considered and slipping below 5393 will be strong signal of correction continuation and sharp declines possibility as well.
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| Just click on chart for its enlarged view |
Technical Patterns and Formations in today intraday charts
1- Distribution Patterns between 5394-5418
2- Whole day trading between 5381-5428
Conclusions from intra day chart analysis
Although LTP was at the top of the day today after almost whole time positive zone trading but most of the time Distribution Patterns seen between 5394-5418 therefore correction continuation possibility between 5323-5427 is still alive.
Sustaing beyond 5394-5418 will be firstly watched tomorrow and until Nifty will not sustain above 5418 till then further upmove will not be considered and slipping below 5393 will be strong signal of correction continuation and sharp declines possibility as well.
FII & DII trading activity in Capital Market Segment on 14-Feb-2012
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Indian Stock Markets Closing Reports(14-Feb-2012)
Main features of today trading are as follows
1- All the Indices closed positive except HC.
2- White Candle.
3- Sharp surge in last 10 minutes.
Ratios
Nifty Put Call Ratio: 1.13
Nifty P/E Ratio(14-Feb-2012): 18.95
Advances & Declines
BSE Advances : 1619
BSE Declines : 1275
NSE Advances : 810
NSE Declines : 640
Nifty Open Interest Changed Today
Nifty- 5300 CE(Feb)- -169250(-5.11%)
Nifty- 5300 PE(Feb)- +94300(+1.33%)
Nifty- 5400 CE(Feb)- -690350(-11.82%)
Nifty- 5400 PE(Feb)- +783300(+15.25%)
Nifty- 5500 CE(Feb)- -202150(-2.80%)
Nifty- 5500 PE(Feb)- +385250(+24.05%)
Closing
Nifty- closed at 5,416.05(+25.85 Points & +0.48%)
Sensex- closed at 17,848.57(+75.73 Points & +0.43% )
CNX Midcap - closed at 7,621.25(+69.45 Points & +0.92%)
BSE Smallcap- closed at 6,960.66(+57.09 Points & +0.83%)
1- All the Indices closed positive except HC.
2- White Candle.
3- Sharp surge in last 10 minutes.
Ratios
Nifty Put Call Ratio: 1.13
Nifty P/E Ratio(14-Feb-2012): 18.95
Advances & Declines
BSE Advances : 1619
BSE Declines : 1275
NSE Advances : 810
NSE Declines : 640
Nifty Open Interest Changed Today
Nifty- 5300 CE(Feb)- -169250(-5.11%)
Nifty- 5300 PE(Feb)- +94300(+1.33%)
Nifty- 5400 CE(Feb)- -690350(-11.82%)
Nifty- 5400 PE(Feb)- +783300(+15.25%)
Nifty- 5500 CE(Feb)- -202150(-2.80%)
Nifty- 5500 PE(Feb)- +385250(+24.05%)
Closing
Nifty- closed at 5,416.05(+25.85 Points & +0.48%)
Sensex- closed at 17,848.57(+75.73 Points & +0.43% )
CNX Midcap - closed at 7,621.25(+69.45 Points & +0.92%)
BSE Smallcap- closed at 6,960.66(+57.09 Points & +0.83%)
Nifty Spot-Levels & Trading Strategy for 15-02-2012
Nifty Spot-Levels
R3 5488
R2 5458
R1 5437
Avg 5407
S1 5386
S2 5356
S3 5335
Nifty Spot-Trading Strategy
H6 5467 Trgt 2
H5 5455 Trgt 1
H4 5444 Long breakout
H3 5430 Go Short
H2 5425
H1 5420
L1 5411
L2 5406
L3 5401 Long
L4 5387 Short Breakout
L5 5376 Trgt 1
L6 5364 Trgt 2
R3 5488
R2 5458
R1 5437
Avg 5407
S1 5386
S2 5356
S3 5335
Nifty Spot-Trading Strategy
H6 5467 Trgt 2
H5 5455 Trgt 1
H4 5444 Long breakout
H3 5430 Go Short
H2 5425
H1 5420
L1 5411
L2 5406
L3 5401 Long
L4 5387 Short Breakout
L5 5376 Trgt 1
L6 5364 Trgt 2
Nifty(Feb Fut)-Levels & Trading Strategy for 15-02-2012
Nifty(Feb Fut)-Levels
R3 5523
R2 5488
R1 5464
Avg 5429
S1 5405
S2 5370
S3 5346
Nifty(Feb Fut)-Trading Strategy
H6 5499 Trgt 2
H5 5485 Trgt 1
H4 5472 Long breakout
H3 5456 Go Short
H2 5450
H1 5445
L1 5434
L2 5429
L3 5423 Long
L4 5407 Short Breakout
L5 5394 Trgt 1
L6 5380 Trgt 2
R3 5523
R2 5488
R1 5464
Avg 5429
S1 5405
S2 5370
S3 5346
Nifty(Feb Fut)-Trading Strategy
H6 5499 Trgt 2
H5 5485 Trgt 1
H4 5472 Long breakout
H3 5456 Go Short
H2 5450
H1 5445
L1 5434
L2 5429
L3 5423 Long
L4 5407 Short Breakout
L5 5394 Trgt 1
L6 5380 Trgt 2
Bank Nifty(Feb Fut)-Levels & Trading Strategy for 15-02-2012
Bank Nifty(Feb Fut)-Levels
R3 10822
R2 10730
R1 10659
Avg 10567
S1 10496
S2 10404
S3 10333
Bank Nifty(Feb Fut)-Trading Strategy
H6 10753 Trgt 2
H5 10716 Trgt 1
H4 10678 Long breakout
H3 10633 Go Short
H2 10618
H1 10603
L1 10574
L2 10559
L3 10544 Long
L4 10499 Short Breakout
L5 10461 Trgt 1
L6 10424 Trgt 2
R3 10822
R2 10730
R1 10659
Avg 10567
S1 10496
S2 10404
S3 10333
Bank Nifty(Feb Fut)-Trading Strategy
H6 10753 Trgt 2
H5 10716 Trgt 1
H4 10678 Long breakout
H3 10633 Go Short
H2 10618
H1 10603
L1 10574
L2 10559
L3 10544 Long
L4 10499 Short Breakout
L5 10461 Trgt 1
L6 10424 Trgt 2
Pre-Closing Outlook(14-02-2012)
Most of the time 25 points range bound trading within 5393-5418 today with intraday selling formations indications despite most time positive zone trading today . Until Nifty will not sustain above 5418 till then further upmove will not be considered and slipping below 5393 will be strong signal of sharp declines.
Mid-session Outlook-2(14-02-2012)
Most of the time 22 points range bound trading within 5393-5415 today and sustaining beyond this range may be next decisive big moves confirmation therefore should be firstly watched today/tomorrow.
Mid-session Outlook(14-02-2012)
Quiet market within 5380-5415 with intraday selling patterns. Sustaining beyond this range will be next moves first indication therefore should be firstly watched.
5323-5427 Break out will mean minimum 5% fast Moves
Nifty-Micro Analysis of Intra Day Chart For 14-02-2012
Nifty-Intra Day Chart(13-Feb-2012):-
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| Just click on chart for its enlarged view |
Technical Patterns and Formations in today intraday charts
1- Selling between 5372-5392
2- Support between5351-5372
3- 3 Hours up moves in Rising Channel
4- Selling between 5400-5415
5- Rising Channel broken down in last half hour.
6- Whole day trading between 5351-5415
Conclusions from intra day chart analysis
Following lines were told on 06-02-2012 in Weekly Outlook(Feb 06 to Feb 10,2012)
Bullish rally is very much continued and let it stop,divergence develop in indicators and distribution patterns form on EOD charts also then short term correction will be considered.
Our above projection immediately proved 100% accurate in next week(previous week) Rally is stopped and sideways for the last 6 sessions between 5323-5427 as well as divergence are also clearly visible in indicators.Detailed analysis have already been updated in Long term Trend Up but Short Term Correction Due on 11-02-2012
6 sessions between 5323-5427 and Indian markets are preparing for next next decisive big moves and range break out implications are as follows:-
1- Bullish markets complete correction within sideways moves therefore further fast rally after very short term correction completion possibility within 5323-5427 also can not be ruled out.
2- Breaking down after clear intraday selling patterns between 5323-5427 will mean deeper correction to test next supports 5250/5100.
Although market moved up after lower levels suppport on 13-02-2012 but lacking force and in Rising Channel which was broken down also in last hour therefore next up moves confirmation is required through sustaining above 5427.
6 Sesions sideways markets with 2 Doji candle in previous sessions are suggesting next big moves after 5323-5427 break out therefore just watch sustaining beyond for next minimum 5% fast Moves.
FII & DII trading activity in Capital Market Segment on 13-Feb-2012
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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%)
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