ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
FII & DII trading activity in Capital Market Segment on 02-Mar-2012
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Nifty Spot-Levels & Trading Strategy for 05-03-2012
Nifty Spot-Levels
R3 5472
R2 5432
R1 5395
Avg 5355
S1 5318
S2 5278
S3 5241
Nifty Spot-Trading Strategy
H6 5436 Trgt 2
H5 5419 Trgt 1
H4 5401 Long breakout
H3 5380 Go Short
H2 5373
H1 5366
L1 5351
L2 5344
L3 5337 Long
L4 5316 Short Breakout
L5 5299 Trgt 1
L6 5281 Trgt 2
R3 5472
R2 5432
R1 5395
Avg 5355
S1 5318
S2 5278
S3 5241
Nifty Spot-Trading Strategy
H6 5436 Trgt 2
H5 5419 Trgt 1
H4 5401 Long breakout
H3 5380 Go Short
H2 5373
H1 5366
L1 5351
L2 5344
L3 5337 Long
L4 5316 Short Breakout
L5 5299 Trgt 1
L6 5281 Trgt 2
Nifty(Mar Fut)-Levels & Trading Strategy for 05-03-2012
Nifty(Mar Fut)-Levels
R3 5522
R2 5480
R1 5435
Avg 5393
S1 5348
S2 5306
S3 5261
Nifty(Mar Fut)-Trading Strategy
H6 5478 Trgt 2
H5 5458 Trgt 1
H4 5438 Long breakout
H3 5414 Go Short
H2 5406
H1 5398
L1 5383
L2 5375
L3 5367 Long
L4 5343 Short Breakout
L5 5323 Trgt 1
L6 5303 Trgt 2
R3 5522
R2 5480
R1 5435
Avg 5393
S1 5348
S2 5306
S3 5261
Nifty(Mar Fut)-Trading Strategy
H6 5478 Trgt 2
H5 5458 Trgt 1
H4 5438 Long breakout
H3 5414 Go Short
H2 5406
H1 5398
L1 5383
L2 5375
L3 5367 Long
L4 5343 Short Breakout
L5 5323 Trgt 1
L6 5303 Trgt 2
Bank Nifty(Mar Fut)-Levels & Trading Strategy for 05-03-2012
Bank Nifty(Mar Fut)-Levels
R3 11109
R2 10892
R1 10702
Avg 10485
S1 10295
S2 10078
S3 9888
Bank Nifty(Mar Fut)-Trading Strategy
H6 10928 Trgt 2
H5 10832 Trgt 1
H4 10735 Long breakout
H3 10623 Go Short
H2 10586
H1 10549
L1 10474
L2 10437
L3 10400 Long
L4 10288 Short Breakout
L5 10191 Trgt 1
L6 10095 Trgt 2
R3 11109
R2 10892
R1 10702
Avg 10485
S1 10295
S2 10078
S3 9888
Bank Nifty(Mar Fut)-Trading Strategy
H6 10928 Trgt 2
H5 10832 Trgt 1
H4 10735 Long breakout
H3 10623 Go Short
H2 10586
H1 10549
L1 10474
L2 10437
L3 10400 Long
L4 10288 Short Breakout
L5 10191 Trgt 1
L6 10095 Trgt 2
Pre-Closing Outlook(02-03-2012)
Following line was told in the Weekly Outlook(Feb 27 to Mar 02,2012) on 26-02-2012:-
Importance of 5340 was also told daily in whole of this week and Nifty hovered it around only this level and did not sustain below it also in this week.
We also told today for support at 5298 and Nifty traded whole day above it. Although selling at higher levels in this week but support also at lower levels and Intermediate term trend decider 5340 is intact therefore rally hopes after correction completion near 5340 are very much alive.
strong supports also between 5340-5415 therefore complete distribution is must for slipping below 5340.
Importance of 5340 was also told daily in whole of this week and Nifty hovered it around only this level and did not sustain below it also in this week.
We also told today for support at 5298 and Nifty traded whole day above it. Although selling at higher levels in this week but support also at lower levels and Intermediate term trend decider 5340 is intact therefore rally hopes after correction completion near 5340 are very much alive.
Mid-session Outlook-2(02-03-2012)
Following line was told in Mid-session Outlook(02-03-2012)
sustaining above will be strong indication of rally after correction completion.
Nifty moved above 5380 but could not sustain and again slipped below therefore not given correction completion confirmation. Sustaining beyond following ranges should be watched for next moves confirmations:-
1- 5298-5380(Two days range with lower levels good support)(For first indication)
2- 5298-5458(Three days range with lower levels good support and higher levels good selling)(For confirmation)
Cautions approach is also required because market will be volatile and will react Assembly election results also results in next week.
sustaining above will be strong indication of rally after correction completion.
Nifty moved above 5380 but could not sustain and again slipped below therefore not given correction completion confirmation. Sustaining beyond following ranges should be watched for next moves confirmations:-
1- 5298-5380(Two days range with lower levels good support)(For first indication)
2- 5298-5458(Three days range with lower levels good support and higher levels good selling)(For confirmation)
Cautions approach is also required because market will be volatile and will react Assembly election results also results in next week.
Mid-session Outlook(02-03-2012)
Sentiment was nervous today morning due to the issue of ONGC disinvestment only by LIC therefore market slipped but got support at lower levels today. As today intraday support is above yesterday support therefore yesterday support has strengthened.
Next very short term move confirmations range of 5298-5380 was given within 15 minutes after opening and today trading range at this moment is 5315.05-5378.30. Today intraday charts are showing support at lower levels as well as up moves with consolidation formation therefore finally moves above 5380 is expected and sustaining above will be strong indication of rally after correction completion.
Next very short term move confirmations range of 5298-5380 was given within 15 minutes after opening and today trading range at this moment is 5315.05-5378.30. Today intraday charts are showing support at lower levels as well as up moves with consolidation formation therefore finally moves above 5380 is expected and sustaining above will be strong indication of rally after correction completion.
Trading session on Saturday(03-03-2012)
Indian Stock Markets(NSE & BSE) will remain open from 11:00 a.m.( inclusive of Pre-opening )till 12:45 p.m. on March 3, 2012 on Saturday
Fresh position in MarginPlus in BSE will not be allowed in Saturday Trading session
You can place overnight orders in cash segment and also trade in Futures & Options
Spot facility would be disabled for Saturday trading session
Fresh position in MarginPlus in BSE will not be allowed in Saturday Trading session
You can place overnight orders in cash segment and also trade in Futures & Options
Spot facility would be disabled for Saturday trading session
Post-open Outlook(02-03-2012)
Sentiment completely disturbed today due to ONGC issue therefore flat Indian markets today. Good support at lower levels yesterday but lack of confidence due to mentioned news and ONGC is more than 3.45% down immediately after opening.
Sentiment is nervours today morning therefore firstly watch sustaining beyond 5298-5380 for next very short term move confirmations.
Sentiment is nervours today morning therefore firstly watch sustaining beyond 5298-5380 for next very short term move confirmations.
Rally continuation after correction completion
Nifty-Intra Day Chart(Feb27 to Mar 01,2012):-
Technical Patterns and Formations in last 4 sessions intraday charts
1- Hovering around Intermediate term deciding 5340
2- Support at 5298 in last 4 days
3- Resistance at 5458 in last 4 days
4- selling between 5458-5422 on 29-02-2012
5- Support and consolidation betwen 5298-5332 on 01-03-2012
4- Positive divergence in MACD
Conclusions
5340 broken down in last 4 sessions but could not sustain and recovered also after intraday Support and consolidation betwen 5298-5332 on 01-03-2012 and until Nifty will not sustain below 5298 till then down moves will not be considered.
Correction is on after 1098 Nifty points rally and both lower levels support and higher levels selling seen in last 4 days seen between 5298-5458. As support and Positive divergence seen in Intraday chart today therefore up moves are expected tomorrow and correction completion hopes at 5340 is still alive.
Although premature to say at this moment but last 4 sessions intraday charts have started to show consolidation indications therefore possibilities of rally above 5458 increased after some more consolidations between 5298-5458.
Rally continuation is expected in the coming weeks after on going correction completion.
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| Just click on chart for its enlarged view |
1- Hovering around Intermediate term deciding 5340
2- Support at 5298 in last 4 days
3- Resistance at 5458 in last 4 days
4- selling between 5458-5422 on 29-02-2012
5- Support and consolidation betwen 5298-5332 on 01-03-2012
4- Positive divergence in MACD
Conclusions
Intermediate term deciding level is 5340 and its importance is being told daily for the last 5 days. Nifty is hovering it around as well as closed exactly at 5,339.75 today.
Correction is on after 1098 Nifty points rally and both lower levels support and higher levels selling seen in last 4 days seen between 5298-5458. As support and Positive divergence seen in Intraday chart today therefore up moves are expected tomorrow and correction completion hopes at 5340 is still alive.
Although premature to say at this moment but last 4 sessions intraday charts have started to show consolidation indications therefore possibilities of rally above 5458 increased after some more consolidations between 5298-5458.
Rally continuation is expected in the coming weeks after on going correction completion.
Indian Stock Markets Closing Reports(01-Mar-2012)
Main features of today trading are as follows
1 All the Indices closed in Red except HC.
2- Whole day negative zone trading after weak opening.
3- Bullish Hammer Candle.
Ratios
Nifty Put Call Ratio: 1.03
Nifty P/E Ratio(01-Mar-2012): 18.92
Advances & Declines
BSE Advances : 1228
BSE Declines : 1626
NSE Advances : 561
NSE Declines : 874
Nifty Open Interest Changed Today
Nifty- 5200 CE(Mar)- +34800(+1.69%)
Nifty- 5200 PE(Mar)- -65300(-0.86%)
Nifty- 5300 CE(Mar)- +356450(+21.32%)
Nifty- 5300 PE(Mar)- +225800(+3.64%)
Nifty- 5400 CE(Mar)- +760900(+30.80%)
Nifty- 5400 PE(Mar)- -174200(-4.52%)
Nifty- 5500 CE(Mar)- +401650(+10.56%)
Nifty- 5500 PE(Mar)- -15300(-0.48%)
Closing
Nifty- closed at 5,339.75(-45.45 Points & -0.84%)
Sensex- closed at 17,583.97(-168.71 Points & -0.95% )
CNX Midcap - closed at 7,663.80(- 41.80 Points & -0.54%)
BSE Smallcap- closed at 6,833.85(-26.12 Points & -0.38%)
1 All the Indices closed in Red except HC.
2- Whole day negative zone trading after weak opening.
3- Bullish Hammer Candle.
Ratios
Nifty Put Call Ratio: 1.03
Nifty P/E Ratio(01-Mar-2012): 18.92
Advances & Declines
BSE Advances : 1228
BSE Declines : 1626
NSE Advances : 561
NSE Declines : 874
Nifty Open Interest Changed Today
Nifty- 5200 CE(Mar)- +34800(+1.69%)
Nifty- 5200 PE(Mar)- -65300(-0.86%)
Nifty- 5300 CE(Mar)- +356450(+21.32%)
Nifty- 5300 PE(Mar)- +225800(+3.64%)
Nifty- 5400 CE(Mar)- +760900(+30.80%)
Nifty- 5400 PE(Mar)- -174200(-4.52%)
Nifty- 5500 CE(Mar)- +401650(+10.56%)
Nifty- 5500 PE(Mar)- -15300(-0.48%)
Closing
Nifty- closed at 5,339.75(-45.45 Points & -0.84%)
Sensex- closed at 17,583.97(-168.71 Points & -0.95% )
CNX Midcap - closed at 7,663.80(- 41.80 Points & -0.54%)
BSE Smallcap- closed at 6,833.85(-26.12 Points & -0.38%)
FII & DII trading activity in Capital Market Segment on 01-Mar-2012
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Nifty Spot-Levels & Trading Strategy for 02-03-2012
Nifty Spot-Levels
R3 5450
R2 5411
R1 5375
Avg 5336
S1 5300
S2 5261
S3 5225
Nifty Spot-Trading Strategy
H6 5414 Trgt 2
H5 5397 Trgt 1
H4 5380 Long breakout
H3 5359 Go Short
H2 5352
H1 5345
L1 5332
L2 5325
L3 5318 Long
L4 5297 Short Breakout
L5 5280 Trgt 1
L6 5263 Trgt 2
R3 5450
R2 5411
R1 5375
Avg 5336
S1 5300
S2 5261
S3 5225
Nifty Spot-Trading Strategy
H6 5414 Trgt 2
H5 5397 Trgt 1
H4 5380 Long breakout
H3 5359 Go Short
H2 5352
H1 5345
L1 5332
L2 5325
L3 5318 Long
L4 5297 Short Breakout
L5 5280 Trgt 1
L6 5263 Trgt 2
Nifty(Mar Fut)-Levels & Trading Strategy for 02-03-2012
Nifty(Mar Fut)-Levels
R3 5517
R2 5472
R1 5431
Avg 5386
S1 5345
S2 5300
S3 5259
Nifty(Mar Fut)-Trading Strategy
H6 5476 Trgt 2
H5 5457 Trgt 1
H4 5437 Long breakout
H3 5413 Go Short
H2 5405
H1 5397
L1 5382
L2 5374
L3 5366 Long
L4 5342 Short Breakout
L5 5322 Trgt 1
L6 5303 Trgt 2
R3 5517
R2 5472
R1 5431
Avg 5386
S1 5345
S2 5300
S3 5259
Nifty(Mar Fut)-Trading Strategy
H6 5476 Trgt 2
H5 5457 Trgt 1
H4 5437 Long breakout
H3 5413 Go Short
H2 5405
H1 5397
L1 5382
L2 5374
L3 5366 Long
L4 5342 Short Breakout
L5 5322 Trgt 1
L6 5303 Trgt 2
Bank Nifty(Mar Fut)-Levels & Trading Strategy for 02-03-2012
Bank Nifty(Mar Fut)-Levels
R3 10754
R2 10626
R1 10505
Avg 10377
S1 10256
S2 10128
S3 10007
Bank Nifty(Mar Fut)-Trading Strategy
H6 10636 Trgt 2
H5 10578 Trgt 1
H4 10520 Long breakout
H3 10452 Go Short
H2 10429
H1 10406
L1 10361
L2 10338
L3 10315 Long
L4 10247 Short Breakout
L5 10189 Trgt 1
L6 10131 Trgt 2
R3 10754
R2 10626
R1 10505
Avg 10377
S1 10256
S2 10128
S3 10007
Bank Nifty(Mar Fut)-Trading Strategy
H6 10636 Trgt 2
H5 10578 Trgt 1
H4 10520 Long breakout
H3 10452 Go Short
H2 10429
H1 10406
L1 10361
L2 10338
L3 10315 Long
L4 10247 Short Breakout
L5 10189 Trgt 1
L6 10131 Trgt 2
Pre-Closing Outlook(01-03-2012)
Although Indian markets slipped whole day from higher levels and traded in Red but without intraday selling patterns therefore we never told for today intraday selling. Lower levels support was projected in Mid-session Outlook and sharp more than 57 Nifty points recovery was seen from lower levels.
Although first 4 hours trading range lowest was at 5313 but we were expecting support at lower levels therefore we gave 5300 for down move confirmation and Nifty reversed exactly from 5297.50.
Nifty is hovering around 5340 for the last 4 sessions and lower levels support also seen after last 2 sessions higher levels selling therefore next moves preparation and next trend confirmation range is 5298-5458.
Mid-session Outlook(01-03-2012)
As 5340 is Intermediate term trend decider therefore its importance is being continuously being today daily for the last one week and Nifty is hovering it around for the last 4 days.
Nifty is trading between 5313-5349 since opening today and preparing for next decisive move. Although Nifty could not sustain at higher levels but getting support at lower levels also. If Nifty slips below 5300 then it will be deep down confirmation and sustaining above 5349 will be confirmation of today consolidation as well survival of Intermediate term uptrend.
Nifty is trading between 5313-5349 since opening today and preparing for next decisive move. Although Nifty could not sustain at higher levels but getting support at lower levels also. If Nifty slips below 5300 then it will be deep down confirmation and sustaining above 5349 will be confirmation of today consolidation as well survival of Intermediate term uptrend.
Post-open Outlook-2(01-03-2012)
Nifty slipped below 5346/5340 and sustaining below confirmations will mean deeper correction possibility after Intermediate term trend turning down.
All the important points and crucial levels for a market below 5340 have already been been discussed and updated on 27-02-2012 in following topic:-
Just click above topic link and prepare yourself for Intermediate term down trend
All the important points and crucial levels for a market below 5340 have already been been discussed and updated on 27-02-2012 in following topic:-
Just click above topic link and prepare yourself for Intermediate term down trend
Post-open Outlook(01-03-2012)
As selling yesterday therefore Following 4 projections were given today in 5346-5390 break out for correction continuation/completion confirmation:-
1- More than 3 hours good selling between 5458-5422
2- market require more consolidation to cross 5458
3- As good selling therefore correction continuation risk turned higher
4- until Nifty will not sustain above 5458 till then next up move will not be considered.
1- More than 3 hours good selling between 5458-5422
2- market require more consolidation to cross 5458
3- As good selling therefore correction continuation risk turned higher
4- until Nifty will not sustain above 5458 till then next up move will not be considered.
Weak opening today therefore Intermediate trend turning down risk turned high.
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