Indian Stock Markets Closing Reports(13-Apr-2012)

Main features of today trading are as follows

1- Long Black Candle.
2- Sharp crash from intraday higher levels after European markets fall.
3- Closing near the lower levels of the day.

Ratios

Nifty Put Call Ratio: 1.09
Nifty P/E Ratio(13-Apr-2012): 18.30

Advances & Declines

BSE Advances : 1209
BSE Declines : 1617
NSE Advances :  501
NSE Declines :  940

Nifty Open Interest Changed Today

Nifty- 5000 CE(Apr)- -5150(-0.71%)
Nifty- 5000 PE(Apr)- -93150(-1.58%)

Nifty- 5100 CE(Apr)- +198850(+23.17%)
Nifty- 5100 PE(Apr)- +221250(+3.84%)

Nifty- 5200 CE(Apr)- +374550(+13.89%)
Nifty- 5200 PE(Apr)- -284450(-4.23%)

Nifty- 5300 CE(Apr)- +994150(+26.87%)
Nifty- 5300 PE(Apr)- -526300(-13.81%)

Nifty- 5400 CE(Apr)- +1627700(+30.47%)
Nifty- 5400 PE(Apr)- +179550(+11.14%)

Closing 

Nifty- closed at 5,207.45(-69.40 Points & -1.32%)
Sensex- closed at 17,094.51(-238.11 Points & -1.37%)
CNX Midcap - closed at 7,579.60(-72.40 Points & -0.95%)
BSE Smallcap- closed at 6,799.23(-43.02 Points & -0.63%)

Nifty Spot-Levels & Trading Strategy for 16-04-2012

Nifty Spot-Levels

R3 5401
R2 5353
R1 5280
Avg 5232
S1 5159
S2 5111
S3 5038

Nifty Spot-Trading Strategy

H6 5328     Trgt 2
H5 5301     Trgt 1
H4 5273     Long breakout
H3 5240     Go Short
H2 5229
H1 5218
L1 5195
L2 5184
L3 5173     Long
L4 5140     Short Breakout
L5 5112     Trgt 1
L6 5085     Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 16-04-2012

Nifty(Apr Fut)-Levels

R3 5437
R2 5383
R1 5302
Avg 5248
S1 5167
S2 5113
S3 5032

Nifty(Apr Fut)-Trading Strategy

H6 5356     Trgt 2
H5 5325     Trgt 1
H4 5295     Long breakout
H3 5258     Go Short
H2 5245
H1 5233
L1 5208
L2 5196
L3 5183     Long
L4 5146     Short Breakout
L5 5116     Trgt 1
L6 5085     Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 16-04-2012

Bank Nifty(Apr Fut)-Levels

R3 10918
R2 10769
R1 10548
Avg 10399
S1 10178
S2 10029
S3 9808

Bank Nifty(Apr Fut)-Trading Strategy

H6 10699     Trgt 2
H5 10615     Trgt 1
H4 10530     Long breakout
H3 10428     Go Short
H2 10394
H1 10360
L1 10293
L2 10259
L3 10225     Long
L4 10123     Short Breakout
L5 10038     Trgt 1
L6  9954     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Apr 16 to Apr 20,2012)

Nifty Spot-Weekly Levels

R3 5401
R2 5353
R1 5280
Avg 5232
S1 5159
S2 5111
S3 5038

Nifty Spot-Weekly Trading Strategy 

H6 5328     Trgt 2
H5 5301     Trgt 1
H4 5273     Long breakout
H3 5240     Go Short
H2 5229
H1 5218
L1 5195
L2 5184
L3 5173     Long
L4 5140     Short Breakout
L5 5112     Trgt 1
L6 5085     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Apr 16 to Apr 20,2012)

Weekly Levels

R3 11102
R2 10845
R1 10575
Avg 10318
S1 10048
S2 9791
S3 9521

Weekly Trading Strategy 

H6 10845     Trgt 2
H5 10720     Trgt 1
H4 10595     Long breakout
H3 10450     Go Short
H2 10402
H1 10354
L1 10257
L2 10209
L3 10161     Long
L4 10016     Short Breakout
L5  9891     Trgt 1
L6  9766     Trgt 2

Pre-Closing Outlook(13-04-2012)

Sharp surge seen in US markets yesterday but European markets sharply down after weak opening today and neutralized positive impact of  US markets yesterday rally.

All the European markets are in Red and 4 markets are 1% to 2.25% down,its direct impact on Indian markets therefore steep falls after opening of European markets.

Nifty traded in positive zone more than 3 hours between gap of 09-04-2012(5287.90-5305.30) even after poor INFY results but could not digest the jolt from European markets and slipping to steep fall seen in Indian markets after European markets opening.

Sharp down moves and now following supports are hopes for Bulls:-

1- 5192-5205 
2- 5175
3- 5136

Mid-session Outlook-2(13-04-2012)

Market digested INFY poor performance and traded positive because good consolidations at lower levels but selling formations at higher level and starting to slip after European markets weak opening.

Intraday trading between gap of 09-04-2012(5287.90-5305.30) and after that slipping below 5287.90  means resistance from gap and until Nifty will not sustain above its top(5305.30) till then next up moves will not be considered.

Mid-session Outlook(13-04-2012)

Possibilities regarding gap of 09-04-2012(5287.90-5305.30) have been already updated in previous outlooks and Nifty is hovering it around between(5279-6306) since opening today.

Sustaining beyond mentioned gap will give confirmations to next trend as well as decisive big moves will be seen towards the direction of market settling down therefore:-

Firstly watch sustaining beyond mentioned gap(5287.90-5305.30) for the next big moves confirmation and expected that finally Nifty will settle and sustain above 5305.30 in the coming session because good consolidations at lower levels in last 4 sessions.

Post-open Outlook(13-04-2012)

Technically Indian markets are well prepared for a strong rally but sentiment is completely depressed due to below 10% guidance by Infosys after below expectation results. As Infosys is having negative impact on other heavy weight IT stocks performance also therefore all are weak and showing negative impact on benchmark Indices.

Gap up opening not seen because Infosys is more than 9% down and other IT stocks are also in Red. Although Indian markets are in Green and most stocks are also positive but island reversal pattern could not get consirmation because gap up opening above 5305.30(top of gap) not seen today.

Benchmark Indices are positive but CNX IT index is more than 5% down today morning and sustaining beyond gap of 09-04-2012(5287.90-5305.30) will be firstly watched for next trend confirmations. As Nifty is trading between mentioned gap immediately after opening today therefore just watch sustaining it beyond for next trend confirmation.

Rally after island reversal pattern formation

Technical Analysis and Research For 13-04-2012

Nifty-EOD Chart(12-Apr-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Gap formation on  09-04-2012.
2- Island formation in 4 days trading after gap down opening on 09-04-2012.

Conclusions from EOD chart analysis 

Nifty-Intra Day Chart(Apr 09 to Apr 12,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 4 sessions intraday charts


1- Support between 5192-5225
2- Whole day consolidation at the top of 4 days on 12-04-2012.

Conclusions from 4 days intra day chart analysis 

Consolidations at the lower levels and at the top of last 4 days market also therefore Indian markets are well prepared for a rally after consolidation confirmations in last 4 days.


Nifty-Intra Day Chart(12-Apr-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation patterns formations in whole day trading
2- Whole day trading between 5261-5289

Conclusions from intra day chart analysis 

Following line was told in Rally after Bulls conquering of 5263

1- Expected that finally rally will be seen
2- Last 2 sessions supports between 5192-5225 and sustaining above 5263 will be strong indication of rally after correction completion but follow up consolidation is also required to cross resistances between 5236-5263.

Whole day 38 Nifty points trading with intraday consolidation patterns between 5261-5289 with most of the time trading above 5263 seen on 12-Apr-2012.

Conclusions (After Putting All Studies Together)

Intraday charts analysis of last 4 sessions of after gap down opening on 09-04-2012,are showing lower levels as well as higher levels consolidations.

All the Asian markets are positive today morning after US markets strong closing yesterday and gap up opening is expected in Indian markets. Whole day trading and sustaining above 5305.30(gap highest) will be confirmation of island reversal pattern formation as well as strong rally in the coming sessions.

As last 4 sessions sessions intraday patterns conclusion is consolidations therefore finally rally is expected after Trend reversal island reversal pattern confirmation despite below expectations results of Infosys today..

FII Trading Data in Derivatives Segment on 12-Apr-2012

FII & DII trading activity in Capital Market Segment on 12-Apr-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 12-Apr-2012 2030.33 1894.35 135.98

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 12-Apr-2012 1087.74 850.34 237.4

Indian Stock Markets Closing Reports(12-Apr-2012)

Main features of today trading are as follows

1- White Candle.
2- All the Indices closed in Green except IT.
3- Whole day sideways trading within narrow range.

Ratios

Nifty Put Call Ratio: 1.03
Nifty P/E Ratio(12-Apr-2012): 18.65

Advances & Declines

BSE Advances : 1696
BSE Declines : 1134
NSE Advances :  934
NSE Declines :  490

Nifty Open Interest Changed Today

Nifty- 5200 CE(Apr)- +21050(+0.77%)
Nifty- 5200 PE(Apr)- +1052300(+18.29%)

Nifty- 5300 CE(Apr)- -18200(-0.48%)
Nifty- 5300 PE(Apr)- +401950(+11.79%)

Nifty- 5400 CE(Apr)- +215850(+4.08%)
Nifty- 5400 PE(Apr)- +93350(+6.15%)

Nifty- 5500 CE(Apr)- +342350(+6.82%)
Nifty- 5500 PE(Apr)- -16650(-2.04%)

Closing 

Nifty- closed at 5,276.85(+50.00 Points & +0.96%)
Sensex- closed at 17,332.62 (+133.22 Points & +0.77%)
CNX Midcap - closed at 7,652.00(+57.95 Points & +0.76%)
BSE Smallcap- closed at 6,842.25(+68.19 Points & +1.01%)

Nifty Spot-Levels & Trading Strategy for 13-04-2012

Nifty Spot-Levels

R3 5339
R2 5314
R1 5295
Avg 5270
S1 5251
S2 5226
S3 5207

Nifty Spot-Trading Strategy

H6 5320     Trgt 2
H5 5310     Trgt 1
H4 5300     Long breakout
H3 5288     Go Short
H2 5284
H1 5280
L1 5271
L2 5267
L3 5263    Long
L4 5251    Short Breakout
L5 5241    Trgt 1
L6 5231    Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 13-04-2012

Nifty(Apr Fut)-Levels

R3 5360
R2 5334
R1 5312
Avg 5286
S1 5264
S2 5238
S3 5216

Nifty(Apr Fut)-Trading Strategy

H6 5338     Trgt 2
H5 5327     Trgt 1
H4 5316     Long breakout
H3 5303     Go Short
H2 5298
H1 5294
L1 5285
L2 5281
L3 5276     Long
L4 5263     Short Breakout
L5 5252     Trgt 1
L6 5241     Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 13-04-2012

Bank Nifty(Apr Fut)-Levels

R3 10669
R2 10569
R1 10497
Avg 10397
S1 10325
S2 10225
S3 10153

Bank Nifty(Apr Fut)-Trading Strategy

H6 10599     Trgt 2
H5 10559     Trgt 1
H4 10519     Long breakout
H3 10472     Go Short
H2 10456
H1 10440
L1 10409
L2 10393
L3 10377     Long
L4 10330     Short Breakout
L5 10290     Trgt 1
L6 10250     Trgt 2

Post-open Outlook(12-04-2012)

Nifty crossed 5263 and sustaining above it will be confirmation of strong rally.

Rally after Bulls conquering of 5263

Nifty-Intra Day Chart(Apr 09 to Apr 11,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 3 sessions intraday charts

1- Resistance between 5236-5263
2- Minor support between 5212-5225 on 10-04-2012.
3- Support between 5192-5205 on 11-04-2012.
4- Higher Bottom formation at rising trend line.
5- Huge Volatility on 11-04-2012.
6- Last 3 Days trading between 5191-5288

Conclusions from Last 3 days intra day chart analysis 

 .
Firstly click 08-04-2012 posted following topic link of Weekly Outlook of this week and understand Indian markets technicals :-

Bullish 'Flag Pattern' Formation in EOD Chart

Technical positions and formations of on going correction has already been explained in above topic and following lines were also told:-

1- Wave-2 correction is on from 22-02-2012 in falling Channel(Bullish 'Flag Pattern') Formation which got support at  5135.95 on 29-03-2012. 

2- Bullish 'Flag Pattern' Formation in EOD Chart therefore finally Dec 2011 like strong rally will be seen after Nifty sustaining above Upper Falling Trend line of Falling Channel as well as sustaining above 5400.

3- Higher levels good selling and lower levels supports within Falling Channel(Flag) therefore expected that Nifty will trade firstly trade between 5136-5377.

Nifty traded most of the time between 5192-5263 with lower levels buying and higher levels selling in last 3 sessions.Huge volatility seen between above mentioned resistance range on 11-04-2012 and technical positions reverses in such volatility therefore weakening of mentioned resistance can not be ruled out

As mixed technical positions in last 3 sessions therefore more preparation is required for sustaining beyond this range and follow up moves within or near about yesterday trading range(5191-5263) will decide the fate and life of on going correction.

Last 2 sessions supports between 5192-5225 and sustaining above 5263 will be strong indication of rally after correction completion but follow up consolidation is also required to cross resistances between 5236-5263.

Expected that finally rally will be seen after 34 sessions correction completion but confirmations are must firstly through sustaining above 5192 and after that Bulls conquering of 5263.

FII Trading Data in Derivatives Segment on 11-Apr-2012

FII & DII trading activity in Capital Market Segment on 11-Apr-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 11-Apr-2012 1890.35 2336.12 -445.77

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 11-Apr-2012 943.15 1025.39 -82.24