Nifty Spot-Levels & Trading Strategy for 01-08-2012

Nifty Spot-Levels

R3 5337
R2 5285
R1 5257
PIVOT 5205
S1 5177
S2 5125
S3 5097

Nifty Spot-Trading Strategy

H6 5310     Trgt 2
H5 5291     Trgt 1
H4 5273     Long breakout
H3 5251     Go Short
H2 5243
H1 5236
L1 5221
L2 5214
L3 5207     Long
L4 5185     Short Breakout
L5 5166     Trgt 1
L6 5147     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 01-08-2012

Nifty(Aug Fut)-Levels

R3 5347
R2 5297
R1 5268
PIVOT 5218
S1 5189
S2 5139
S3 5110

Nifty(Aug Fut)-Trading Strategy

H6  5320    Trgt 2
H5  5301    Trgt 1
H4  5283    Long breakout
H3  5261    Go Short
H2  5254
H1  5247
L1  5232
L2  5225
L3  5218    Long
L4  5196    Short Breakout
L5  5178    Trgt 1
L6  5159    Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 01-08-2012

Bank Nifty(Aug Fut)-Levels

R3 10761
R2 10637
R1 10536
PIVOT 10412
S1 10311
S2 10187
S3 10086

Bank Nifty(Aug Fut)-Trading Strategy

H6  10663    Trgt 2
H5  10610    Trgt 1
H4  10558    Long breakout
H3  10496    Go Short
H2  10476
H1  10455
L1  10414
L2  10393
L3  10373    Long
L4  10311    Short Breakout
L5  10259    Trgt 1
L6  10206    Trgt 2

Pre-Closing Outlook(31-07-2012)

As intraday consolidations patterns today threfore expected that on going rally will remain continued in the coming sessions after some more consolidations within resistance range(5200-5250).

Mid-session Outlook-2(31-07-2012)

When no good news from RBI Credit Policy and Indian markets were trading at the lower levels of the day then following line was told in Mid-session Outlook at 12:12 PM today:-

Let on going correction complete then fresh up moves will be seen.

Indian markets moved up according to our expectations and new intraday high formed at 5221.25. Intraday supports at lower levels today and now trading between resistance range(5200-5250) but expected that rally will remain continued after follow up consolidations.

Mid-session Outlook(31-07-2012)

When Indian markets were trading near the top of the day then within first 6 minutes we cautioned and told following words:-

Positive opening but not strong

we were not expecting any up move today therefore we updated following topic yesterday:-

Rally continuation after 1/2 Sessions Consolidations

It is consolidation day today and market is correcting yesterday good up moves. Let on going correction complete then fresh up moves will be seen.

Post-open Outlook(31-07-2012)

Positive opening but not strong and firstly sustaining beyond 5200 should be watched for next moves confirmations.

RBI Credit Policy today and volatility can not be ruled out. Nifty is trading between resistance range(5200-5250) and complete consolidation is required for decisive up moves above 5250.

Rally continuation after 1/2 Sessions Consolidations

Technical Analysis and Research For 31-07-2012

Nifty-Intra Day Chart (30-Jul-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 5149-5159 
2- Consolidation between 5171-5184
3- Long White Marubozu Candle formation
4- Whole day trading between 5138-5205

Conclusions from intra day chart analysis 

Trend reversal confirmation through forceful break out today after 'ABC' correction completion and getting support at 200-Day SMA/200-Day EMA. 

Above line has not been told after strong up moves today but when Indian markets were trading at lower levels between 5149-5159 then following line was told today at 11:15:00 AM in Mid-session Outlook(30-07-2012):- 

"As intraday patterns are showing buying signals therefore break out above 5161 possibilities are turning higher now"

Very short term indicators are overbought today and sentiment is heated as well as resistances between 5200-5258 also therefore Indian markets may be range bound in the coming 1/2 sessions but expected that finally on going rally will remain continued after fresh consolidations.

Just click following Topic link for understanding EOD Chart analysis also:-

Rally after correction completion above 5161

Indian Stock Markets Closing Reports(30-Jul-2012)

Main features of today trading are as follows

1- Green closing
2- White Candle.
3- All the Indices closed in Green.

Ratios

Nifty Put Call Ratio: 1.12
Nifty P/E Ratio(30-Jul-2012): 17.00

Advances & Declines

BSE Advances : 1604
BSE Declines : 1164
NSE Advances :  952
NSE Declines :  494

Nifty Open Interest Changed Today

Nifty- 5000 CE(Aug)- -74800(-3.87%)
Nifty- 5000 PE(Aug)- 216700(2.65%)

Nifty- 5100 CE(Aug)- -250500(-8.24%)
Nifty- 5100 PE(Aug)-  653750(14.14%)

Nifty- 5200 CE(Aug)- -55700(-1.36%)
Nifty- 5200 PE(Aug)- 1089250(53.01%)

Nifty- 5300 CE(Aug)- -76500(-1.91%)
Nifty- 5300 PE(Aug)-  169750(10.09%)

Closing 

Nifty- closed at 5,199.80(99.95 Points & 1.96%)
Sensex- closed at 17,143.68(304.49 Points & 1.81%) )
CNX Midcap - closed at 7,140.05(116.30 Points & 1.66%)
BSE SMLcap- closed at 6,439.79(60 82 Points & 1.29%)

FII Trading Data in Derivatives Segment on 30-Jul-2012

FII & DII trading activity in Capital Market Segment on 30-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 30-Jul-2012 2446.4 1517.45 928.95

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 30-Jul-2012 882.49 1116.21 -233.72

Nifty Spot-Levels & Trading Strategy for 31-07-2012

Nifty Spot-Levels

R3 5304
R2 5255
R1 5227
PIVOT 5178
S1 5150
S2 5101
S3 5073

Nifty Spot-Trading Strategy

H6 5277     Trgt 2
H5 5259     Trgt 1
H4 5241     Long breakout
H3 5220     Go Short
H2 5213
H1 5206
L1 5191
L2 5184
L3 5177     Long
L4 5156     Short Breakout
L5 5138     Trgt 1
L6 5120     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 31-07-2012

Nifty(Aug Fut)-Levels

R3 5345
R2 5284
R1 5250
PIVOT 5189
S1 5155
S2 5094
S3 5060

Nifty(Aug Fut)-Trading Strategy

H6 5312     Trgt 2
H5 5290     Trgt 1
H4 5268     Long breakout
H3 5242     Go Short
H2 5233
H1 5224
L1 5207
L2 5198
L3 5189     Long
L4 5163     Short Breakout
L5 5141     Trgt 1
L6 5119     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 31-07-2012

Bank Nifty(Aug Fut)-Levels

R3 10776
R2 10631
R1 10551
PIVOT 10406
S1 10326
S2 10181
S3 10101

Bank Nifty(Aug Fut)-Trading Strategy

H6 10701     Trgt 2
H5 10648     Trgt 1
H4 10595     Long breakout
H3 10533     Go Short
H2 10513
H1 10492
L1 10451
L2 10430
L3 10410     Long
L4 10348     Short Breakout
L5 10295     Trgt 1
L6 10242     Trgt 2

Pre-Closing Outlook(30-07-2012)

As consolidation patterns formations and buying signals generstion in intraday charts therefore possibility of moving above 5161 was told in all the 3 previous Outlooks today and Nifty is trading above 5161 for the last 2 hours.

Technically Indian markets are well prepared for a strong rally after 'ABC' correction completion as well as getting support at 200-Day SMA.

Mid-session Outlook-2(30-07-2012)

As most time trading between 5149-5159 with intraday consolidation patterns in last 3 hours today therefore break out above 5161 possibilities are turning higher also but confirmation is must through sustaining above 5161(200-Day EMA) because it will be confirmation of Long Term trend survival also.

Mid-session Outlook(30-07-2012)

Following line was told in Rally after correction completion above 5161 today:-

"firstly watch sustaining beyond 5149 and 5161 today"

Nifty traded most time between above mentioned range 5149-5159 today and firstly watch mentioned range.

As intraday patterns are showing buying signals therefore break out above 5161 possibilities are turning higher now.

Rally after correction completion above 5161

Technical Analysis and Research For 

30-07-2012

Nifty-EOD Chart (27-Jul-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- 578 Points Rally.
2- 14 Sessions 'ABC' Correction.
3- 5 sessions hovering around 200 200-Day SMA and 200-Day EMA.
4- 200-Day SMA at 5103
5- 200-Day EMA at 5161

Conclusions from EOD chart analysis 

Intermediate and Short Term Trends are down and Long term trend is at stake because Nifty is hovering around its decider 200 200-Day SMA and 200-Day EMA.

Nifty-Micro Analysis of Intra Day Chart For 

30-07-2012

Nifty-Intra Day Chart (27-Jul-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Support between 5079-5105
2- Selling between 5137-5149
3- Whole day trading between 5079-5149

Conclusions from intra day chart analysis 

As both intraday buying and selling patterns therefore Next moves confirmations will be sustaining beyond whole day trading range(5079-5149) and should be firstly watched today for next moves confirmations.

Conclusions (After Putting All Studies Together)

14 Sessions 'ABC' Correction is on after 578 Points Rally and firstly correction completion confirmation is required through sustaining above 200-Day EMA(5161). As intraday support seen at lower levels on 27-07-2012 therefore fresh rally hopes are alive but firstly sustaining above 5149 is must today because intraday selling was also seen below it on 27-07-2012. 

Global cues are strong today morning therefore positive opening will be seen today and firstly watch sustaining beyond 5149 and 5161 today. Sustaining above 5161 will be fresh rally confirmation after 'ABC' Correction completion  at Long term trend decider 200-Day EMA/200-Day SMA.

Although multiple resistances above 5161 and consolidation is required before any up move but hopes of sustaining above 5161 is alive after lower levels support on 27-07-2012.

Indian Stock Markets Closing Reports(27-Jul-2012)

Main features of today trading are as follows

1- Benchmark indiced in Green except Smallcap.
2- Black Candle.
3- Strong Global cues led positive day.

Ratios

Nifty Put Call Ratio: 0.93
Nifty P/E Ratio(27-Jul-2012): 16.68

Advances & Declines

BSE Advances : 1037
BSE Declines : 1738
NSE Advances :  476
NSE Declines :  965

Nifty Open Interest Changed Today

Nifty- 4900 CE(Aug)- +94050(+12.20%)
Nifty- 4900 PE(Aug)- +427450(+10.44%)

Nifty- 5000 CE(Aug)- +318750(+19.73)
Nifty- 5000 PE(Aug)- +1020100(+14.16%)

Nifty- 5100 CE(Aug)- +179450(+6.29%)
Nifty- 5100 PE(Aug)- +901600(+23.73%)

Nifty- 5100 CE(Aug)- +347300(+9.10%)
Nifty- 5100 PE(Aug)- +99250(+5.08%)

Closing 

Nifty- closed at 5,099.85(+56.85 Points & +1.13%)
Sensex- closed at 16,839.19(+199.37 Points & +1.20% )
CNX Midcap - closed at 7,023.75(-40.90 Points & -0.58%)
BSE SMLcap- closed at 6,357.60(-62.47 Points & -0.97%)

FII Trading Data in Derivatives Segment on 27-Jul-2012

FII & DII trading activity in Capital Market Segment on 27-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 27-Jul-2012 2812.53 2248.81 563.72

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 27-Jul-2012 881.56 1136 -254.44