Although whole day negative zone trading today,higher levels selling and market moved more than 1% down also but intraday patterns are showing consolidation formations therefore expected that Nifty will finally sustaining above 5242 and strong rally will be seen in the coming sessions after correction completion.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Mid-session Outlook-2(28-03-2012)
As soon as selling indications seen then it was updated immediately in Mid-session Outlook today and Nifty has broken down today intraday lowest also. Although weakness after breaking down but strong supports above 5175 and sustaining it below will get real down move moves confirmations.
Firstly sustaining beyond today trading range(5202-5236) and finally sustaining sustaining beyond 5172-5242 will get next big move confirmation therefore should be firstly watched.
Firstly sustaining beyond today trading range(5202-5236) and finally sustaining sustaining beyond 5172-5242 will get next big move confirmation therefore should be firstly watched.
Mid-session Outlook(28-03-2012)
Strong support and base formations in last 2 sessions but minor selling formations also seen today therefore firstly sustaining beyond today trading range(5202-5236) should be firstly watched for next moves confirmations.
Pre-open Outlook(28-03-2012)
All the Asian markets are in Red today morning therefore sentiment is weak today and firstly negative zone trading will be seen today morning.
Although some confusions regarding GAAR but expected that finally issue will be resolved amicably and Govt. will not annoy FIIs.
Market will remain quiet today but good condolidations base formations was seen between 5175-5225 in previous two sessions therefore expected that follow up consolidations will be seen today and Nifty will not slip below 5175 as well as rally will continue in the coming sessions.
Although some confusions regarding GAAR but expected that finally issue will be resolved amicably and Govt. will not annoy FIIs.
Market will remain quiet today but good condolidations base formations was seen between 5175-5225 in previous two sessions therefore expected that follow up consolidations will be seen today and Nifty will not slip below 5175 as well as rally will continue in the coming sessions.
Rally continuations after strong base formations
Nifty-Intra Day Chart(Mar 26 & Mar 27,2012):-
As good condolidations base formations was seen between 5175-5225 in previous two sessions therefore consilidations was updated in all the intraday outlooks in last 2 sessions.
Some volatility may be seen but strong base formations and clear indications of correction completion as well as continuation of rally in the coming sessions.
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| Just click on chart for its enlarged view |
Conclusions from 2 days intra day chart analysis
As good condolidations base formations was seen between 5175-5225 in previous two sessions therefore consilidations was updated in all the intraday outlooks in last 2 sessions.
Some volatility may be seen but strong base formations and clear indications of correction completion as well as continuation of rally in the coming sessions.
FII & DII trading activity in Capital Market Segment on 27-Mar-2012
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Indian Stock Markets Closing Reports(27-Mar-2012)
Main features of today trading are as follows
1- All the Indices closed in Green except Power and Small Cap.
2- Hanging Man / Dragonfly Doji Bearish Candle.
3- Highly Volatile market.
Ratios
Nifty Put Call Ratio: 1.04
Nifty P/E Ratio(27-Mar-2012): 18.53
Advances & Declines
BSE Advances : 1193
BSE Declines : 1705
NSE Advances : 592
NSE Declines :
Nifty Open Interest Changed Today
Nifty- 5100 CE(Mar)- -265550(-16.13%)
Nifty- 5100 PE(Mar)- +84550(+0.92%)
Nifty- 5200 CE(Mar)- -322650(-5.65%)
Nifty- 5200 PE(Mar)- +811550(+12.67%)
Nifty- 5300 CE(Mar)- -830850(-13.01%)
Nifty- 5300 PE(Mar)- +597050(+16.61%)
Closing
Nifty- closed at 5,243.15(+58.90 Points & +1.14%)
Sensex- closed at 17,257.36(+204.58 Points & +1.20% )
CNX Midcap - closed at 7,581.55(+30.50 Points & +0.40%)
BSE Smallcap- closed at 6,522.05(-11.31 Points & -0.17%)
1- All the Indices closed in Green except Power and Small Cap.
2- Hanging Man / Dragonfly Doji Bearish Candle.
3- Highly Volatile market.
Ratios
Nifty Put Call Ratio: 1.04
Nifty P/E Ratio(27-Mar-2012): 18.53
Advances & Declines
BSE Advances : 1193
BSE Declines : 1705
NSE Advances : 592
NSE Declines :
Nifty Open Interest Changed Today
Nifty- 5100 CE(Mar)- -265550(-16.13%)
Nifty- 5100 PE(Mar)- +84550(+0.92%)
Nifty- 5200 CE(Mar)- -322650(-5.65%)
Nifty- 5200 PE(Mar)- +811550(+12.67%)
Nifty- 5300 CE(Mar)- -830850(-13.01%)
Nifty- 5300 PE(Mar)- +597050(+16.61%)
Closing
Nifty- closed at 5,243.15(+58.90 Points & +1.14%)
Sensex- closed at 17,257.36(+204.58 Points & +1.20% )
CNX Midcap - closed at 7,581.55(+30.50 Points & +0.40%)
BSE Smallcap- closed at 6,522.05(-11.31 Points & -0.17%)
Nifty(Mar Fut)-Levels & Trading Strategy for 28-03-2012
Nifty(Mar Fut)-Levels
R3 5411
R2 5353
R1 5304
Avg 5246
S1 5197
S2 5139
S3 5090
Nifty(Mar Fut)-Trading Strategy
H6 5363 Trgt 2
H5 5338 Trgt 1
H4 5313 Long breakout
H3 5284 Go Short
H2 5274
H1 5264
L1 5245
L2 5235
L3 5225 Long
L4 5196 Short Breakout
L5 5171 Trgt 1
L6 5146 Trgt 2
R3 5411
R2 5353
R1 5304
Avg 5246
S1 5197
S2 5139
S3 5090
Nifty(Mar Fut)-Trading Strategy
H6 5363 Trgt 2
H5 5338 Trgt 1
H4 5313 Long breakout
H3 5284 Go Short
H2 5274
H1 5264
L1 5245
L2 5235
L3 5225 Long
L4 5196 Short Breakout
L5 5171 Trgt 1
L6 5146 Trgt 2
Bank Nifty(Mar Fut)-Levels & Trading Strategy for 28-03-2012
Bank Nifty(Mar Fut)-Levels
R3 10626
R2 10456
R1 10311
Avg 10141
S1 9996
S2 9826
S3 9681
Bank Nifty(Mar Fut)-Trading Strategy
H6 10487 Trgt 2
H5 10413 Trgt 1
H4 10339 Long breakout
H3 10252 Go Short
H2 10223
H1 10194
L1 10137
L2 10108
L3 10079 Long
L4 9992 Short Breakout
L5 9918 Trgt 1
L6 9844 Trgt 2
R3 10626
R2 10456
R1 10311
Avg 10141
S1 9996
S2 9826
S3 9681
Bank Nifty(Mar Fut)-Trading Strategy
H6 10487 Trgt 2
H5 10413 Trgt 1
H4 10339 Long breakout
H3 10252 Go Short
H2 10223
H1 10194
L1 10137
L2 10108
L3 10079 Long
L4 9992 Short Breakout
L5 9918 Trgt 1
L6 9844 Trgt 2
Nifty Spot-Levels & Trading Strategy for 28-03-2012
Nifty Spot-Levels
R3 5378
R2 5327
R1 5285
Avg 5234
S1 5192
S2 5141
S3 5099
Nifty Spot-Trading Strategy
H6 5337 Trgt 2
H5 5315 Trgt 1
H4 5294 Long breakout
H3 5268 Go Short
H2 5260
H1 5251
L1 5234
L2 5225
L3 5217 Long
L4 5191 Short Breakout
L5 5170 Trgt 1
L6 5148 Trgt 2
R3 5378
R2 5327
R1 5285
Avg 5234
S1 5192
S2 5141
S3 5099
Nifty Spot-Trading Strategy
H6 5337 Trgt 2
H5 5315 Trgt 1
H4 5294 Long breakout
H3 5268 Go Short
H2 5260
H1 5251
L1 5234
L2 5225
L3 5217 Long
L4 5191 Short Breakout
L5 5170 Trgt 1
L6 5148 Trgt 2
Pre-Closing Outlook(27-03-2012)
As good support between 5186-5205 therefore finally up moves are expected and until Nifty will not sustain below 5186 till then any down move will not be considered.
Confirm consolidation between 5186-5205 but huge more than 50 points of Nifty volatility today.Sharp more than 50 points surge and whole up move retraced also immediately. As technical positions changes in such volatility therefore view turns cautious and sustaining beyond 5186-5205 should also be watched for confirmations.
Confirm consolidation between 5186-5205 but huge more than 50 points of Nifty volatility today.Sharp more than 50 points surge and whole up move retraced also immediately. As technical positions changes in such volatility therefore view turns cautious and sustaining beyond 5186-5205 should also be watched for confirmations.
Mid-session Outlook(27-03-2012)
Highly volatile market between 5186-5236 today with intraday support between 5186-5196 and selling indications at higher levels also. As intraday patterns are suggesting consolidation formations therefore finally moves above 5236 are expected.
Next decisive moves confirmations range is sustaining beyond 5172-5236
Next decisive moves confirmations range is sustaining beyond 5172-5236
NIFTY-Mar F&O-1st Buying of 26-03-2012-Covering
NIFTY Mar F & O(Bought on 26-03-2012)-Cover and book profit immediately-CMP-5238(Lalit39)
Rally from tomorrow after correction completion Today
Nifty-Intra Day Chart(26-Mar-2012):-
Consolidation Patterns in today intraday charts
1- Falling Channels without Force
2- New 8 intraday bottoms without force.
3- Most time trading between 5175-5223
4- Whole day trading between 5175-5255
Although Whole day trading in negative zone and closing near the lowest of the day but intraday charts are showing above mentioned consolidation patterns within and above previous strong support range(5172-5200) therefore up moves are expected tomorrow.
Finally sustaining above 5223 will be first and strong indication of correction completion therefore should be firstly watched tomorrow.
Intraday consolidations and crucial levels were updated during trading hours in following outlooks also therefore just click following topic links and keep in mind crucial support levels:-
1- Pre-Closing Outlook
2- Mid-session Outlook-2
High possibility of rally continuation from tomorrow after today intraday consolidations and correction completion.
 |
| Just click on chart for its enlarged view |
1- Falling Channels without Force
2- New 8 intraday bottoms without force.
3- Most time trading between 5175-5223
4- Whole day trading between 5175-5255
Conclusions from intra day chart analysis
Although Whole day trading in negative zone and closing near the lowest of the day but intraday charts are showing above mentioned consolidation patterns within and above previous strong support range(5172-5200) therefore up moves are expected tomorrow.
Finally sustaining above 5223 will be first and strong indication of correction completion therefore should be firstly watched tomorrow.
Intraday consolidations and crucial levels were updated during trading hours in following outlooks also therefore just click following topic links and keep in mind crucial support levels:-
1- Pre-Closing Outlook
2- Mid-session Outlook-2
High possibility of rally continuation from tomorrow after today intraday consolidations and correction completion.
FII & DII trading activity in Capital Market Segment on 26-Mar-2012
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Indian Stock Markets Closing Reports(26-Mar-2012)
Main features of today trading are as follows
1- Long Black Candle.
2- All the Indices closed in Red.
3- Closing near the lower levels of the day.
Ratios
Nifty Put Call Ratio: 1.03
Nifty P/E Ratio(26-Mar-2012): 18.32
Advances & Declines
BSE Advances : 883
BSE Declines : 2006
NSE Advances : 327
NSE Declines : 1134
Nifty Open Interest Changed Today
Nifty- 5100 CE(Mar)- +491150(+41.66%)
Nifty- 5100 PE(Mar)- +1851550(+25.16%)
Nifty- 5200 CE(Mar)- +1649000(+40.64%)
Nifty- 5200 PE(Mar)- -1061800(-13.13%)
Nifty- 5300 CE(Mar)- +1567050(+32.50%)
Nifty- 5300 PE(Mar)- -1638750(-31.31%)
Closing
Nifty- closed at 5,184.25(-93.95 Points & -1.78%)
Sensex- closed at 17,052.78(-308.96 Points & -1.78% )
CNX Midcap - closed at 7,552.95(-120.35 Points & -1.57%)
BSE Smallcap- closed at 6,533.36(-92.99 Points & +-1.40%)
1- Long Black Candle.
2- All the Indices closed in Red.
3- Closing near the lower levels of the day.
Ratios
Nifty Put Call Ratio: 1.03
Nifty P/E Ratio(26-Mar-2012): 18.32
Advances & Declines
BSE Advances : 883
BSE Declines : 2006
NSE Advances : 327
NSE Declines : 1134
Nifty Open Interest Changed Today
Nifty- 5100 CE(Mar)- +491150(+41.66%)
Nifty- 5100 PE(Mar)- +1851550(+25.16%)
Nifty- 5200 CE(Mar)- +1649000(+40.64%)
Nifty- 5200 PE(Mar)- -1061800(-13.13%)
Nifty- 5300 CE(Mar)- +1567050(+32.50%)
Nifty- 5300 PE(Mar)- -1638750(-31.31%)
Closing
Nifty- closed at 5,184.25(-93.95 Points & -1.78%)
Sensex- closed at 17,052.78(-308.96 Points & -1.78% )
CNX Midcap - closed at 7,552.95(-120.35 Points & -1.57%)
BSE Smallcap- closed at 6,533.36(-92.99 Points & +-1.40%)
Nifty Spot-Levels & Trading Strategy for 27-03-2012
Nifty Spot-Levels
R3 5347
R2 5310
R1 5247
Avg 5210
S1 5147
S2 5110
S3 5047
Nifty Spot-Trading Strategy
H6 5284 Trgt 2
H5 5261 Trgt 1
H4 5239 Long breakout
H3 5211 Go Short
H2 5202
H1 5193
L1 5174
L2 5165
L3 5156 Long
L4 5129 Short Breakout
L5 5106 Trgt 1
L6 5083 Trgt 2
R3 5347
R2 5310
R1 5247
Avg 5210
S1 5147
S2 5110
S3 5047
Nifty Spot-Trading Strategy
H6 5284 Trgt 2
H5 5261 Trgt 1
H4 5239 Long breakout
H3 5211 Go Short
H2 5202
H1 5193
L1 5174
L2 5165
L3 5156 Long
L4 5129 Short Breakout
L5 5106 Trgt 1
L6 5083 Trgt 2
Nifty(Mar Fut)-Levels & Trading Strategy for 27-03-2012
Nifty(Mar Fut)-Levels
R3 5351
R2 5315
R1 5253
Avg 5217
S1 5155
S2 5119
S3 5057
Nifty(Mar Fut)-Trading Strategy
H6 5289 Trgt 2
H5 5267 Trgt 1
H4 5244 Long breakout
H3 5217 Go Short
H2 5208
H1 5199
L1 5182
L2 5173
L3 5164 Long
L4 5137 Short Breakout
L5 5114 Trgt 1
L6 5092 Trgt 2
R3 5351
R2 5315
R1 5253
Avg 5217
S1 5155
S2 5119
S3 5057
Nifty(Mar Fut)-Trading Strategy
H6 5289 Trgt 2
H5 5267 Trgt 1
H4 5244 Long breakout
H3 5217 Go Short
H2 5208
H1 5199
L1 5182
L2 5173
L3 5164 Long
L4 5137 Short Breakout
L5 5114 Trgt 1
L6 5092 Trgt 2
Bank Nifty(Mar Fut)-Levels & Trading Strategy for 27-03-2012
Bank Nifty(Mar Fut)-Levels
R3 10501
R2 10400
R1 10231
Avg 10130
S1 9961
S2 9860
S3 9691
Bank Nifty(Mar Fut)-Trading Strategy
H6 10332 Trgt 2
H5 10271 Trgt 1
H4 10210 Long breakout
H3 10136 Go Short
H2 10111
H1 10086
L1 10037
L2 10012
L3 9987 Long
L4 9913 Short Breakout
L5 9852 Trgt 1
L6 9791 Trgt 2
R3 10501
R2 10400
R1 10231
Avg 10130
S1 9961
S2 9860
S3 9691
Bank Nifty(Mar Fut)-Trading Strategy
H6 10332 Trgt 2
H5 10271 Trgt 1
H4 10210 Long breakout
H3 10136 Go Short
H2 10111
H1 10086
L1 10037
L2 10012
L3 9987 Long
L4 9913 Short Breakout
L5 9852 Trgt 1
L6 9791 Trgt 2
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