Laxman Rekha for today at 5110

Nifty-Micro Analysis of Intra Day Chart For

 27-07-2012

Nifty-Intra Day Chart (26-Jul-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- 5 Hours selling between 5092-5110
2- Sharp fall
3- Whole day trading between 5033-5110

Conclusions from intra day chart analysis 

Although sharp down moves begun after 5 hours but we clearly told for selling in following line at  11:28:00 AM in Mid-session Outlook:-

"Intraday charts have started to show selling signals"

We told only for down moves in all the last 4 days outlooks and it was seen also yesterday.

As strong closing in Us markets yesterday therefore sentiment will be strong today morning and Indian markets will trade positive after strong opening today.

Genuine 5 hours selling between 5092-5110 yesterday and market require complete consolidations to sustain above 5110 as well as sustaining it above is not expected despite whatsoever strong sentiment today.

5110 is Laxman Rekha and firstly watch sustaining it beyond for next moves confirmations today.

Proofs of 42 Nifty Points Profits to paid clients

Following call was given to paid clients and closed with 42 Nifty Points Profits today:-

1- Call- NIFTY-Aug Fut-Sell and/or Aug Put Option(5000,5100)-Buy(Positional)-SL-5141 & TGT-5066(Aug Fut-Rates are for all Options covering)-CMP-5117(Lalit39)

2- Covering Message- NIFTY Aug F&O(Sold on 26-07-2012)-Cover and book profit immediately-CMP-5075(Lalit39)

As we always talk with those proofs which no one can deny therefore following picture of SMS sent is being attached:-

1- 1st Website:-

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2- 2nd Website:-

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(As we send 2 SMS through 2 different websites for each call therefore above 2 pictures have been posted)

If unable to read  text in above picture then:-

1- Firstly click on above SMS picture and enlarge it.

2- Save picture on yours desktop.

3- Open and again enlarge the picture in Windows Picture Viewer.

Only 2 following information are deleted in above Picture due to official secrecy rules:-

1- Numbers of sent SMS.

2- SMS sending Website name.

Indian Stock Markets Closing Reports(26-Jul-2012)

Main features of today trading are as follows

1- Red closing
2- Long Black Candle.
3- All the Indices closed in negative zone.

Ratios

Nifty Put Call Ratio: 1.03
Nifty P/E Ratio(26-Jul-2012): 16.62

Advances & Declines

BSE Advances :  773
BSE Declines : 2012
NSE Advances :  287
NSE Declines : 1143

Nifty Open Interest Changed Today

Nifty- 4900 CE(Aug)- +343300(+80.23%)
Nifty- 4900 PE(Aug)- +1027000(+33.47%)

Nifty- 5000 CE(Aug)- +414200(+34.47%)
Nifty- 5000 PE(Aug)- +1158000(+19.15%)

Nifty- 5100 CE(Aug)- +1245150(+77.39%)
Nifty- 5100 PE(Aug)- +700700(+22.61%)

Closing 

Nifty- closed at 5,043.00(-66.60 Points & -1.30%)
Sensex- closed at 16,639.82(-206.23 Points & -1.22% )
CNX Midcap - closed at 7,064.65(-146.15 Points & -2.03%)
BSE SMLcap- closed at 6,420.07(-135.80 Points & -2.07%)

FII Trading Data in Derivatives Segment on 26-Jul-2012

FII & DII trading activity in Capital Market Segment on 26-Jul-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 26-Jul-2012 2831.49 4012.19 -1180.7

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 26-Jul-2012 1634.25 1211.55 422.7

Nifty Spot-Levels & Trading Strategy for 27-07-2012

Nifty Spot-Levels

R3 5196
R2 5161
R1 5102
PIVOT 5067
S1 5008
S2 4973
S3 4914

Nifty Spot-Trading Strategy

H6 5137     Trgt 2
H5 5115     Trgt 1
H4 5094     Long breakout
H3 5068     Go Short
H2 5060
H1 5051
L1 5034
L2 5025
L3 5017    Long
L4 4991     Short Breakout
L5 4970     Trgt 1
L6 4948     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 27-07-2012

Nifty(Aug Fut)-Levels

R3 5207
R2 5177
R1 5129
PIVOT 5099
S1 5051
S2 5021
S3 4973

Nifty(Aug Fut)-Trading Strategy

H6 5159     Trgt 2
H5 5141     Trgt 1
H4 5123     Long breakout
H3 5102     Go Short
H2 5095
H1 5088
L1 5073
L2 5066
L3 5059    Long
L4 5038     Short Breakout
L5 5020     Trgt 1
L6 5002     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 27-07-2012

Bank Nifty(Aug Fut)-Levels

R3 10497
R2 10415
R1 10283
PIVOT 10201
S1 10069
S2 9987
S3 9855

Bank Nifty(Aug Fut)-Trading Strategy

H6 10365     Trgt 2
H5 10317     Trgt 1
H4 10268     Long breakout
H3 10209     Go Short
H2 10190
H1 10170
L1 10131
L2 10111
L3 10092     Long
L4 10033     Short Breakout
L5  9984    Trgt 1
L6  9936    Trgt 2

Pre-Closing Outlook(26-07-2012)

Although down moves started after 02:00 PM today but following line was told at 11:28:00 AM in Mid-session Outlook:-

"Intraday charts have started to show selling signals"

Our last 3 days all the outlooks are live proofs of this fact that we projected only down moves.

Correction is continued and and let down moves stop then Pull Back rally will be considered.

NIFTY-Jun F&O-1st Shorting of 26-07-2012-Covering

NIFTY Aug F&O(Sold on 26-07-2012)-Cover and book profit immediately-CMP-5085(Lalit39)

NIFTY-Aug F&O-1st Selling of 26-07-2012-Trade

NIFTY-Aug Fut-Sell(Positional)-SL-5141 & TGT-5066-CMP-5107(Lalit39)

NIFTY-Aug Put Option(5000,5100)-Buy(Positional)-SL-5141 & TGT-5066(Aug Fut-Rates are for all Options covering)-CMP-5107(Lalit39)

Mid-session Outlook(26-07-2012)

Nifty traded last  more than 3 hours trading between 5098-5119 with mixed intraday patterns yesterday and trading within this range since opening today. Following lines were told today at 08:38:00 AM:-

"Indian markets are not prepared for any side decisive moves and will  firstly trade and prepare for next moves between 5077-5144 as well as sustaining beyond this range will be next moves confirmations"

Intraday charts have started to show selling signals and sustaining below 5093 will be next down moves strong indication.

Nifty-Micro Analysis of Intra Day Chart For 26-07-2012

Nifty-Intra Day Chart (25-Jul-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Support between 5077-5095
2- Last more than 3 hours trading between 5098-5119
3- Whole day trading between 5077-5121

Conclusions from intra day chart analysis 

Confirm intraday support between 5077-5095 but last more than 3 hours trading with intraday mixed patterns therefore Indian markets are not prepared for any side decisive moves and will  firstly trade and prepare for next moves between 5077-5144 as well as sustaining beyond this range will be next moves confirmations.

As huge selling in the the beginning of July and 16 sessions range broken down therefore until complete consolidation will not happen till then any decisive up move will not be considered and bearish views are still maintained which were expressed in following topic on 24-07-2012:-

Huge Island Reversal Pattern & Correction

Indian Stock Markets Closing Reports(25-Jul-2012)

Main features of today trading are as follows

1- All the benchmark indices closed in Red.
2- Bullish Hammer Candle formations.
3- Closing near the highs of the day after lower levels support.

Ratios

Nifty Put Call Ratio: 16.80
Nifty P/E Ratio(25-Jul-2012):0.91

Advances & Declines

BSE Advances : 1038
BSE Declines : 1758
NSE Advances :  457
NSE Declines :  975

Nifty Open Interest Changed Today

Nifty- 5000 CE(Jul)- +78050(+11.48%)
Nifty- 5000 PE(Jul)- +254450(+3.18%)

Nifty- 5100 CE(Jul)- -14850(-0.43%)
Nifty- 5100 PE(Jul)- -948600(-13.98%)

Nifty- 5200 CE(Jul)- +783550(+10.86%)
Nifty- 5200 PE(Jul)- -1330550(-38.21%)

Closing 

Nifty- closed at 5,109.60(-18.60 Points & -0.36%)
Sensex- closed at 16,846.05(-72.03 Points & -0.43% )
CNX Midcap - closed at 7,210.80(-52.05 Points & -0.72%)
BSE SMLcap- closed at 6,555.87(-52.13 Points & -0.79%)

FII Trading Data in Derivatives Segment on 25-Jul-2012

FII & DII trading activity in Capital Market Segment on 25-Jul-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 25-Jul-2012 1760.39 2132.6 -372.21

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 25-Jul-2012 1012.3 1022.77 -10.47

Nifty Spot-Levels & Trading Strategy for 26-07-2012

Nifty Spot-Levels

R3 5173
R2 5147
R1 5128
Avg 5102
S1 5083
S2 5057
S3 5038

Nifty Spot-Trading Strategy

H6 5154     Trgt 2
H5 5144     Trgt 1
H4 5133     Long breakout
H3 5121     Go Short
H2 5117
H1 5113
L1 5104
L2 5100
L3 5096     Long
L4 5084     Short Breakout
L5 5073     Trgt 1
L6 5063     Trgt 2

Nifty(Jul Fut)-Levels & Trading Strategy for 26-07-2012

Nifty(Jul Fut)-Levels

R3 5180
R2 5153
R1 5132
Avg 5105
S1 5084
S2 5057
S3 5036

Nifty(Jul Fut)-Trading Strategy

H6 5160     Trgt 2
H5 5149     Trgt 1
H4 5138     Long breakout
H3 5125     Go Short
H2 5120
H1 5116
L1 5107
L2 5103
L3 5098     Long
L4 5085     Short Breakout
L5 5074     Trgt 1
L6 5063     Trgt 2

Bank Nifty(Jul Fut)-Levels & Trading Strategy for 26-07-2012

Bank Nifty(Jul Fut)-Levels

R3 10494
R2 10435
R1 10362
Avg 10303
S1 10230
S2 10171
S3 10098

Bank Nifty(Jul Fut)-Trading Strategy

H6 10421     Trgt 2
H5 10391     Trgt 1
H4 10361    Long breakout
H3 10325     Go Short
H2 10313
H1 10301
L1 10276
L2 10264
L3 10252    Long
L4 10216     Short Breakout
L5 10186     Trgt 1
L6 10156     Trgt 2

Pre-Closing Outlook(25-07-2012)

Only Bearish moves are being projected for the last 3 days and down moves are being seen also but intraday support seen between 5077-5095 today therefore sustaining above 5095 is must for any decisive up move first indication.

Follow up consolidations and sustaining above 5144 is must for first signal of correction completion. Although Bullish Hammer candle formation today but expected that finally correction will remain continued after follow up selling in the coming sessions.

Mid-session Outlook(25-07-2012)

Firstly 2 hours down moves and then minor up moves after intraday support between 5077-5095 today. As today support after mixed intraday patterns yesterday therefore sustaining above 5095  should be firstly watched now and correction completion will be considered above 5144.