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ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
FII & DII trading activity in Capital Market Segment on 05-Oct-2012
Nifty Spot-Levels & Trading Strategy for 08-10-2012
R3 5913
R2 5864
R1 5805
PIVOT 5756
S1 5697
S2 5648
S3 5589
Nifty Spot-Trading Strategy
H6 5854 Trgt 2
H5 5830 Trgt 1
H4 5805 Long breakout
H3 5775 Go Short
H2 5765
H1 5755
L1 5736
L2 5726
L3 5716 Long
L4 5686 Short Breakout
L5 5661 Trgt 1
L6 5637 Trgt 2
Nifty(Oct Fut)-Levels & Trading Strategy for 08-10-2012
R3 5966
R2 5910
R1 5843
PIVOT 5787
S1 5720
S2 5664
S3 5597
Nifty(Oct Fut)-Trading Strategy
H6 5899 Trgt 2
H5 5871 Trgt 1
H4 5843 Long breakout
H3 5809 Go Short
H2 5798
H1 5787
L1 5764
L2 5753
L3 5742 Long
L4 5708 Short Breakout
L5 5680 Trgt 1
L6 5652 Trgt 2
Bank Nifty(Oct Fut)-Levels & Trading Strategy for 08-10-2012
R3 12041
R2 11922
R1 11748
PIVOT 11629
S1 11455
S2 11336
S3 11162
Bank Nifty(Oct Fut)-Trading Strategy
H6 11869 Trgt 2
H5 11802 Trgt 1
H4 11736 Long breakout
H3 11655 Go Short
H2 11628
H1 11601
L1 11548
L2 11521
L3 11494 Long
L4 11413 Short Breakout
L5 11347 Trgt 1
L6 11280 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Oct 08 to Oct 12,2012)
R3 5930
R2 5872
R1 5809
PIVOT 5751
S1 5688
S2 5630
S3 5567
Nifty Spot-Weekly Trading Strategy
H6 5868 Trgt 2
H5 5840 Trgt 1
H4 5812 Long breakout
H3 5779 Go Short
H2 5768
H1 5757
L1 5734
L2 5723
L3 5712 Long
L4 5679 Short Breakout
L5 5651 Trgt 1
L6 5623 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Oct 08 to Oct 12,2012)
R3 12099
R2 11922
R1 11716
PIVOT 11539
S1 11333
S2 11156
S3 10950
Bank Nifty Spot-Weekly Trading Strategy
H6 11899 Trgt 2
H5 11810 Trgt 1
H4 11721 Long breakout
H3 11616 Go Short
H2 11581
H1 11546
L1 11475
L2 11440
L3 11405 Long
L4 11300 Short Breakout
L5 11211 Trgt 1
L6 11122 Trgt 2
Pre-Closing Outlook(05-10-2012)
Firstly fast up moves after lower circuit but after that again down moves and formation of higher intraday lows at 5707 at 11:30AM. As last more than 3 hours intraday trading between 5707-5750 after lower levels supports and consolidation formations also therefore on going rally continuation is expected after intraday correction completion through huge panic of today.
Sentiment disturbs after today like big volatility and technical positions reverses also therefore next moves confirmation is also required through sustaining beyond 5707-5750.
Sentiment disturbs after today like big volatility and technical positions reverses also therefore next moves confirmation is also required through sustaining beyond 5707-5750.
NSE: Big Selling Order and No Technical Fault today
Mid-session Outlook(05-10-2012)
NSE says that whole trading was normal and no technical snag today. Sudden fall and stopping of trading was the result of big selling order as well as hitting of circuit filters.
Trading resumed again but Nifty lost all the gains of yesterday and traded more than 1.30% down today. Next strong supports are between 5639-5680 and until Nifty will not sustain below it till then deep correction will noy be considered.
Minor recovery seen after forming low at 5707 today and Nifty sustaining it above today will be intraday correction completion after sharp panic.
Huge volatility after technical problems
Huge volatility after NSE technical problems,it is the result of uncertainty and sentimental disturbances also. Market is not showing genuine levels,let market stabilize then trading should be done.
Technical Faults of NSE Syatems removed
High swings and Nifty turned more than 150 points down suddenly as well as BANK NIFTY was also down 13%,certainly technical faults developed in NSE systems. Although BSE was trading normal but volatile.
Now technical faults have been remove and normal market is started but trading should be done after understanding achual and realistic levels.
Now technical faults have been remove and normal market is started but trading should be done after understanding achual and realistic levels.
Technical Analysis and Market Outlook(05-10-2012)
Nifty-Intra Day Chart (04-Oct-2012):-
Technical Patterns and Formations in today intraday charts
1- Most of the time range bound moves between 5777-5807
2- Consolidation between 5777-5790
3- Whole day acual trading between 5752-5807
Firstly half hour surge and after that whole day range bound moves between 5777-5807 with lower levels consolidation between 5777-5790 on 05-10-2012. As no distribution patterns and whole day intraday patterns are showing consolidation formations therefore rally continuation is expected.
Pre-open Outlook(05-10-2012)
All trends are up and bullish rally is on as well as all the Asian markets are positive after moderate up moves in US markets therefore sentiment is heated today morning and volatility after higher levels profit booking can not be ruled out today.
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| Just click on chart for its enlarged view |
1- Most of the time range bound moves between 5777-5807
2- Consolidation between 5777-5790
3- Whole day acual trading between 5752-5807
Conclusions from intra day chart analysis
Firstly half hour surge and after that whole day range bound moves between 5777-5807 with lower levels consolidation between 5777-5790 on 05-10-2012. As no distribution patterns and whole day intraday patterns are showing consolidation formations therefore rally continuation is expected.
Pre-open Outlook(05-10-2012)
All trends are up and bullish rally is on as well as all the Asian markets are positive after moderate up moves in US markets therefore sentiment is heated today morning and volatility after higher levels profit booking can not be ruled out today.
Long positions should be created after intraday correction completion.
FII & DII trading activity in Capital Market Segment on 04-Oct-2012
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Indian Stock Markets Closing Reports(04-Oct-2012)
1- Benchmark Indices closed in Green with good gains.
2- All the Indices closed in Green except CNX AUTO,CNX IT and CNX PHARMA.
3- Long White Candle.
Ratios
Nifty Put Call Ratio: 1.01
Nifty P/E Ratio(04-Oct-2012): 18.25
Advances & Declines
BSE Advances : 1698
BSE Declines : 1261
NSE Advances : 896
NSE Declines : 578
Nifty Open Interest Changed Today
Nifty- 5600 CE(Oct)- -221,050(-12.57%)
Nifty- 5600 PE(Oct)- 489,900(9.62%)
Nifty- 5700 CE(Oct)- -385,800(-11.07%)
Nifty- 5700 PE(Oct)- 729,150(15.07%)
Nifty- 5800 CE(Oct)- -1,004,250(-17.11%)
Nifty- 5800 PE(Oct)- 1,334,050(89.21%)
Nifty- 5900 CE(Oct)- 332,650(7.01%)
Nifty- 5900 PE(Oct)- 381,400(61.16%)
Closing
Nifty- closed at 5,787.60(56.35 Points & 0.98%)
Sensex- closed at 19,058.15(188.46 Points & 1.00% )
CNX Midcap - closed at 8,007.65(32.30 Points & 0.40%)
CNX Smallcap- closed at 3,536.30(17.40 Points & 0.49%)
Nifty Spot-Levels & Trading Strategy for 05-10-2012
R3 5868
R2 5837
R1 5812
Avg 5781
S1 5756
S2 5725
S3 5700
Nifty Spot-Trading Strategy
H6 5843 Trgt 2
H5 5830 Trgt 1
H4 5817 Long breakout
H3 5802 Go Short
H2 5797
H1 5792
L1 5781
L2 5776
L3 5771 Long
L4 5756 Short Breakout
L5 5743 Trgt 1
L6 5730 Trgt 2
Nifty(Oct Fut)-Levels & Trading Strategy for 05-10-2012
R3 5913
R2 5877
R1 5851
Avg 5815
S1 5789
S2 5753
S3 5727
Nifty(Oct Fut)-Trading Strategy
H6 5887 Trgt 2
H5 5873 Trgt 1
H4 5859 Long breakout
H3 5842 Go Short
H2 5836
H1 5830
L1 5819
L2 5813
L3 5807 Long
L4 5790 Short Breakout
L5 5776 Trgt 1
L6 5762 Trgt 2
Bank Nifty(Oct Fut)-Levels & Trading Strategy for 05-10-2012
R3 12014
R2 11876
R1 11796
Avg 11658
S1 11578
S2 11440
S3 11360
Bank Nifty(Oct Fut)-Trading Strategy
H6 11937 Trgt 2
H5 11886 Trgt 1
H4 11835 Long breakout
H3 11775 Go Short
H2 11755
H1 11735
L1 11696
L2 11676
L3 11656 Long
L4 11596 Short Breakout
L5 11545 Trgt 1
L6 11494 Trgt 2
Pre-Closing Outlook(04-10-2012)
Firstly half hour surge and after that whole day range bound moves between 5780-5807 today. Rally continuation is expected because today intraday charts are suggesting higher levels consolidations.
Mid-session Outlook(04-10-2012)
All trends are up and rally continuation after correction completion confirmation through forceful break out of last 7 sessions narrow trading range.
Rally is continued and and expected that Nifty will test now next resistance of 5870-5910.
Rally is continued and and expected that Nifty will test now next resistance of 5870-5910.
Post-open Outlook(04-10-2012)
Although negative divergence in indicators but Indian markets Opened gap up and honoured sharp surge in Asian markets after Dow's Futures turning strong suddenly and now 57 points up.
Rally is very much on and will remain continued after today confirmation of correction completion in narrow range in last 7 days.
Rally is very much on and will remain continued after today confirmation of correction completion in narrow range in last 7 days.
Negative Divergence in Indicatiors
Technical Analysis and Research For 04-10-2012
Nifty-EOD Chart (03-Oct-2012):- |
| Just click on chart for its enlarged view |
1- Without force up moves for the last 7 sessions.
2- Indicators moving down
Conclusions from EOD chart analysis
Up moves in EOD chart but down moves in indicators therefore negative divergence development and emergence of correction possibility. Momentum turned down after slow up moves in last 7 trading sessions between 5639-5743 and forceful break out of this range will decide next trend but breaking down of 5639 will be deeper correction confirmation because market is prepared for that also.
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