FII & DII trading activity in Capital Market Segment on 24-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 24-Apr-2012 2158.43 3019.21 -860.78

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 24-Apr-2012 1462.54 1043.46 419.08

Indian Stock Markets Closing Reports(24-Apr-2012)

Main features of today trading are as follows

1- Benckmark Indices closed in Green while Midcap and Smallcap posted Red closing.
2- Bullish Hammer Candle Formation.
3- Quiet market excet good gains in IT stockd and Indices.

Ratios

Nifty Put Call Ratio: 1.02
Nifty P/E Ratio(24-Apr-2012): 18.34

Advances & Declines

BSE Advances : 1304
BSE Declines : 1438
NSE Advances :  638
NSE Declines :  780

Nifty Open Interest Changed Today

Nifty- 5100 CE(Apr)- -19200(-3.320%)
Nifty- 5100 PE(Apr)- -337000(-4.97%)

Nifty- 5200 CE(Apr)- +305800(+7.78%)
Nifty- 5200 PE(Apr)- +1267300(+19.59%)

Nifty- 5300 CE(Apr)- +168450(+2.93%)
Nifty- 5300 PE(Apr)- -182250(-5.58%)

Closing 

Nifty- closed at 5,222.65(+22.05 Points & +0.42%)
Sensex- closed at 17,207.29(+110.61 Points & +0.65% )
CNX Midcap - closed at 7,490.10(-19.00 Points & -0.25%)
BSE Smallcap- closed at 6,789.81(-4.75 Points & -0.07%)

Nifty Spot-Levels & Trading Strategy for 25-04-2012

Nifty Spot-Levels

R3 5294
R2 5263
R1 5242
PIVOT 5211
S1 5190
S2 5159
S3 5138

Nifty Spot-Trading Strategy

H6 5274     Trgt 2
H5 5262     Trgt 1
H4 5250     Long breakout
H3 5236     Go Short
H2 5231
H1 5226
L1 5217
L2 5212
L3 5207     Long
L4 5193     Short Breakout
L5 5181     Trgt 1
L6 5169     Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 25-04-2012

Nifty(Apr Fut)-Levels

R3 5298
R2 5268
R1 5246
PIVOT 5216
S1 5194
S2 5164
S3 5142

Nifty(Apr Fut)-Trading Strategy

H6 5276     Trgt 2
H5 5264     Trgt 1
H4 5252     Long breakout
H3 5238     Go Short
H2 5233
H1 5228
L1 5219
L2 5214
L3 5209     Long
L4 5195     Short Breakout
L5 5183     Trgt 1
L6 5171     Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 25-04-2012

Bank Nifty(Apr Fut)-Levels

R3 10561
R2 10465
R1 10354
PIVOT 10258
S1 10147
S2 10051
S3 9940

Bank Nifty(Apr Fut)-Trading Strategy

H6 10451     Trgt 2
H5 10404     Trgt 1
H4 10356     Long breakout
H3 10299     Go Short
H2 10280
H1 10261
L1 10224
L2 10205
L3 10186    Long
L4 10129     Short Breakout
L5 10081     Trgt 1
L6 10034     Trgt 2

Mid-session Outlook(24-04-2012)

Following possibility was clearly told today in Pull Back Rally,Intraday Volatilty & Correction continuation

Intraday indicatiors are oversold after yesterday sharp fall therefore Pull Back rally and intraday volatility is possible today.

Above mentioned moves are being seen today but correction is on and market require complete consolidation for trend reversal and let it happen then decisive up move will be considered.

Post-open Outlook-2(24-04-2012)

Market is preparing for next moves within range bound sideways market today. Firstly slipping after higher levels selling but intraday support also seen at lower levels.

Sustaining beyond following range will be firstly watched for next moves first indication:-

5182-5212

Post-open Outlook(24-04-2012)

Intraday selling seen above 5200 today

Pull Back Rally,Intraday Volatilty & Correction continuation

Nifty-Intra Day Chart (23-Apr-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- More than 2 hours selling between 5288-5310
2- Continuous down moves 
3- More down moves after minor up moves.
4- Whole day trading between 5188-5310

Conclusions from intra day chart analysis 

All the Benchmark Indices closed more than 1.50% down on 23-04-2012 and proved our following following projections 100% accurate:-

1- We told in Pre-Closing Outlook on 20-04-2012:-

"more down moves are expected now."

2- We told in Correction continuation & Supports Testing in Next Week at 05:45:00 AM on 23-04-2012;-

"more down moves are expected in the coming sessions"
"more down moves as well as testing of above mentioned next supports are possible in the coming week"

(1st support at 5184 was given in above outlook and lowest was at 5187.15 on 23-04-2012)

3- We told in Mid-session Outlook on 23-04-2012:-

"more down moves can not be ruled out"

Correction is very much on from 22-02-2012 and its detailed analysis and next possibilities have already been updated yesterday with EOD chart. Yesterday mentioned 1st support(5184) has almost been tested yesterday. As 2nd Support(5136) testing possibility can not been ruled out also and 200-Day SMA is lying today at 5137 therefore importance of this level has already been updated in following topic today. Just click following topic link and understand understand most crucial levels;-

Next Trend decider & Most Crucial 200-Day SMA 

Intraday indicatiors are oversold after yesterday sharp fall therefore Pull Back rally and intraday volatility is possible today. Market require complete consolidations and base formations before the beginning of any decisive up move and rally,let it happen then fresh up moves after correction completion will be considered.

Strong resistances above 5288 and next supports are between 5136 and 5184. Expected that next trend story will be written between 5136-5288 and volatile market with next moves preparation within this range will be seen in the coming sessions.

Next Trend decider & Most Crucial 200-Day SMA

Technical Analysis and Research For 24-04-2012

Nifty-EOD Chart (23-Apr-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Corrective wave begun on 05-11-2010 from 6338.
2- Long term correction confirmation after 200-Day SMA broken down.
3- Three times resistance at 200-Day SMA in correction.
4- 5th impulsive wave begun on 20-12-2011 from 4532.
5- Long term correction completion confirmation after 200-Day SMA broken out.
6- 5th wave gained 1098.80 Nifty Points in 45 sessions.
7- Correction of 5th Wave beginning on 22-02-2012 from 5629.
8- Two times support at 200-Day SMA in on going correction.

Conclusions from EOD chart analysis 

200-Day SMA proved Long term Trend decider and posed resistance in Bear market as well gave supports in Bull markets. Correction is on and yesterday mentioned 1st support(5184) has almost been tested yesterday as well as 2nd support(5136) testing possibility can not been ruled out also. As Long term trend decider 200-Day SMA is also lying today at 5137 therefore following levels have become most crucial;-

1- 5136
2- 5137

As 200-Day SMA is most crucial now therefore specially this topic has been posted to update its importance. Correction is very much on and its testing as well as slipping below it also can not be ruled out in the coming sessions but until Nifty will not sustain below 200-Day SMA till then Bullish market possibility will remain alive after correction completion.

Expected that finally Indian markets will remain Bullish without sustaining below 200-Day SMA.

FII Trading Data in Derivatives Segment on 23-Apr-2012

FII & DII trading activity in Capital Market Segment on 23-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 23-Apr-2012 1351.7 1759.19 -407.49

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 23-Apr-2012 1206.48 754.78 451.7

Indian Stock Markets Closing Reports(23-Apr-2012)

Main features of today trading are as follows

1- All the Indices closed in Red.
2- Black Candle.
3- Closing at the lowest of the day.

Ratios

Nifty Put Call Ratio: 1.11
Nifty P/E Ratio(23-Apr-2012): 18.26

Advances & Declines

BSE Advances :  964
BSE Declines : 1841
NSE Advances :  330
NSE Declines : 1116

Nifty Open Interest Changed Today

Nifty- 5000 CE(Apr)- -55900(-11.55%)
Nifty- 5000 PE(Apr)- +692950(+11.63%)

Nifty- 5100 CE(Apr)- +266400(+85.26%)
Nifty- 5100 PE(Apr)- +238700(+3.65%)

Nifty- 5200 CE(Apr)- +1619300(+70.08%)
Nifty- 5200 PE(Apr)- -490900(-7.05%)

Nifty- 5300 CE(Apr)- +1571300(+37.66%)
Nifty- 5300 PE(Apr)- -1003450(-23.49%)

Closing 

Nifty- closed at 5,200.60(-90.25 Points & -1.71%)
Sensex- closed at 17,096.68(-277.16 Points & -1.60% )
CNX Midcap - closed at 7,509.10(-117.30 Points & -1.54%)
BSE Smallcap- closed at 6,794.56(-106.02 Points & -1.54%)

Nifty Spot-Levels & Trading Strategy for 24-04-2012

Nifty Spot-Levels

R3 5400
R2 5355
R1 5277
Avg 5232
S1 5154
S2 5109
S3 5031

Nifty Spot-Trading Strategy

H6 5323     Trgt 2
H5 5295     Trgt 1
H4 5267     Long breakout
H3 5233    Go Short
H2 5222
H1 5211
L1 5188
L2 5177
L3 5166    Long
L4 5132    Short Breakout
L5 5104     Trgt 1
L6 5076    Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 24-04-2012

Nifty(Apr Fut)-Levels

R3 5412
R2 5363
R1 5280
Avg 5231
S1 5148
S2 5099
S3 5016

Nifty(Apr Fut)-Trading Strategy

H6 5330     Trgt 2
H5 5300     Trgt 1
H4 5270     Long breakout
H3 5234     Go Short
H2 5222
H1 5210
L1 5185
L2 5173
L3 5161     Long
L4 5125    Short Breakout
L5 5095     Trgt 1
L6 5065    Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 24-04-2012

Bank Nifty(Apr Fut)-Levels

R3 10764
R2 10648
R1 10442
Avg 10326
S1 10120
S2 10004
S3  9798

Bank Nifty(Apr Fut)-Trading Strategy

H6 10559     Trgt 2
H5 10486     Trgt 1
H4 10414     Long breakout
H3 10325     Go Short
H2 10296
H1 10266
L1 10207
L2 10177
L3 10148     Long
L4 10059     Short Breakout
L5 9987     Trgt 1
L6 9914    Trgt 2

Live Proofs of our Accuracy

Following lines were told in Correction continuation & Supports Testing in Next Week at 05:45:00 AM today;-

more down moves as well as testing of above mentioned next supports are possible in the coming week.

Following 2 supports were also mentioned:-

4- 1st Support at 5184
5- 2nd Support at 5136

Above mentioned 1st support of 5184 has been almost tested today because today lowest is at 5187.15.

Pre-Closing Outlook(23-04-2012)

Our both previous outlooks are live proofs of this fact that We only told for down moves and correction continuations for today as well as cautioned also for minor up moves possibility only because people starts to buy at lower and cheaper rates.

Correction is on and following 2 supports with its testing possibility have already been updated in Correction continuation & Supports Testing in Next Week at 05:45:00 AM today;-

4- 1st Support at 5184
5- 2nd Support at 5136

Mid-session Outlook(23-04-2012)

Following lines were told in Correction continuation & Supports Testing in Next Week at 05:45:00 AM today;-

1- more down moves are expected in the coming sessions.
2- more down moves as well as testing of above mentioned next supports are possible in the coming week.

Nifty is more than 50 points down today and our above projection proved 100% accurate. Firstly selling at higher levels and then down moves seen today and more down moves can not be ruled out but intraday charts are oversold therefore minor up moves may be seen today after getting some intraday support.

Correction continuation & Supports Testing in Next Week

Technical Analysis,Research & Weekly Outlook

 (Apr 23 to Apr 27,2012)

Nifty-EOD Chart (20-Apr-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Bullish Flag Pattern(Falling Channel) in on going Correction
2- Bullish Flag Pattern(Falling Channel) Formations
3- Falling Channel false Break Out
4- 1st Support at 5184
5- 2nd Support at 5136

Conclusions from EOD chart analysis 

Falling Channel false Break Out was technically most crucial formation of previous week and firstly its impact will be seen in next week through more down moves

Nifty-Intra Day Chart (Apr 18 to Apr 20,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 3 days intraday charts

1- Genuine selling between 5330-5341 on 18-04-2012.
2- Mixed Patterns(selling also) between 5325-5338 on 19-04-2012  
3- Almost 5 hours genuine selling between 5318-5336 on 20-04-2012

Nifty-Intra Day Chart (20-Apr-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in intraday charts of 20-04-2012

1- Almost 5 hours genuine selling between 5318-5336
2- Sharp 70 points crash in 7 minutes.
3- Whole day trading between 5246-5336.

Conclusions from intra day charts analysis 

Although 70 Points crash after 02:20 PM but we clearly projected selling at 10:47:00 AM in Post-open Outlook(20-04-2012). Almost 5 hours genuine selling between 5318-5336 therefore market require complete consolidations for any move above 5336.

Sharp 70 points crash in 7 minutes on 20-04-2012 after 3 sessions selling and specially almost 5 hours genuine selling on 20-04-2012 therefore market requires complete consolidations for any move above 5336. Until complete consolidations will not happen minimum on intraday charts till then any rally above 5336 will not be considered.

As almost 5 hours huge selling is proved through genuine intraday selling patterns on 20-04-2012 therefore more down moves are expected in the coming sessions.

Conclusions (After Putting All Studies Together)

Corretion is on in Falling Channel and market crashed after forming 3rd lower top in last week therefore technical possibility of fresh bottom below 5136 should be kept in mind. In this regard following topic with EOD Chary was posted on 15-04-2012

Lower Tops and Lower Bottoms Formation In On Going Correction

(Just click above topic link and go through)

As third time resistance at falling trend line as well as 3 days intraday selling patterns near about it therefore sharp fall seen last Friday and more down moves as well as testing of above mentioned next supports are possible in the coming week.

correction completion confirmations will be after sustaining above 5341 and Nifty will firstly trade between 5175-5318 in the beginning of next week. Firstly sideways market within 5136-5341 and  sustaining it beyond will give next trend confirmations.

FII Trading Data in Derivatives Segment on 20-Apr-2012