Indian Stock Markets Closing Reports(10-Oct-2012)

Main features of today trading are as follows

1- All the Indices closed in Red.
2- Many Indices closed more than 1% down.
3- Long Black Candle formation.

Ratios

Nifty Put Call Ratio: 1.00
Nifty P/E Ratio(10-Oct-2012): 17.81

Advances & Declines

BSE Advances : 974
BSE Declines : 1929
NSE Advances : 365
NSE Declines : 1110

Nifty Open Interest Changed Today

Nifty- 5600 CE(Oct)- 410,500(21.45%)
Nifty- 5600 PE(Oct)- 74,250(1.16%)

Nifty- 5700 CE(Oct)- 1,427,300(34.97%)
Nifty- 5700 PE(Oct)- -330,850(-6.21%)

Nifty- 5800 CE(Oct)- 491,000(6.70%)
Nifty- 5800 PE(Oct)- -141,150(-5.51%)

Closing 

Nifty- closed at 5,652.15(-52.45 Points & -0.92%)
Sensex- closed at 18,631.10(- 162.26 Points & -0.86% )
CNX Midcap - closed at 7,814.55(-120.90 Points & -1.52%)
CNX Smallcap- closed at 3,449.80(-64.60 Points & -1.84%)

Nifty Spot-Levels & Trading Strategy for 11-10-2012

Nifty Spot-Levels

R3 5715

R2 5700

R1 5676

Avg 5661

S1 5637

S2 5622

S3 5598

Nifty Spot-Trading Strategy

H6 5691     Trgt 2 

H5 5682     Trgt 1

H4 5673     Long breakout 

H3 5662     Go Short 

H2 5659

H1 5655

L1 5648

L2 5644

L3 5641     Long 

L4 5630     Short Breakout 

L5 5621     Trgt 1 

L6 5612     Trgt 2

Nifty(Oct Fut)-Levels & Trading Strategy for 11-10-2012

Nifty(Oct Fut)-Levels


R3 5743
R2 5726
R1 5699
Avg 5682
S1 5655
S2 5638
S3 5611

Nifty(Oct Fut)-Trading Strategy

H6  5716    Trgt 2
H5  5706    Trgt 1
H4  5696    Long breakout
H3  5684    Go Short
H2  5680
H1  5676
L1  5667
L2  5663
L3  5659    Long
L4  5647    Short Breakout
L5  5637    Trgt 1
L6  5627    Trgt 2

Bank Nifty(Oct Fut)-Levels & Trading Strategy for 11-10-2012

Bank Nifty(Oct Fut)-Levels

R3 11514

R2 11476

R1 11409

Avg 11371

S1 11304

S2 11266

S3 11199

Bank Nifty(Oct Fut)-Trading Strategy

H6 11447     Trgt 2 

H5 11423     Trgt 1

H4 11399     Long breakout 

H3 11370     Go Short 

H2 11361

H1 11351

L1 11332

L2 11322

L3 11313     Long 

L4 11284     Short Breakout 

L5 11260     Trgt 1 

L6 11236     Trgt 2

Pre-Closing Outlook(10-10-2012)

Today trading between already mentioned strong support range with whole day down moves in falling channel after higher levels selling. Although Falling Channel is a form consolidation formation but Correction continuation and higher levels selling also today therefore until down moves will not stop and complete consolidation will not be seen till then next rally will not be considered.

Next moves confirmation range after today trading is 5639-5756

Mid-session Outlook-2 (10-10-2012)

Following lines were told yesterday in Technical Analysis and Market Outlook(10-10-2012):-

"sentiment may be weak tomorrow morning and trading is possible within next strong support range(5639-5680)"

Nifty traded first 4 hours between 5658-5686 today and above mentioned strong support range does not broken down despite weaker all global markets. Correction continuation with whole day negative zone trading today but both lower levels supports and higher levels selling seen today.

As selling again seen today also therefore correction continuation and its completion possibility will be considered after complete consolidation formations and supports getting confirmations. 

Technical Analysis and Market Outlook(10-10-2012)

Nifty-Intra Day Chart (Oct 08 & Oct 09,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 2 Sessions intraday charts

1- Selling between 5720-5733 on 08-10-2012.
2- Selling between  5718-5728 on 09-10-2012.
3- Supports between 5678-5695 on 09-10-2012.
4- Last 2 sessions trading between 5668-5733

Conclusions from 2 Sessions intra day chart analysis 

As 21 sessions 600 Nifty points strong rally from 05-09-2012 to 05-10-2012 therefore correction was required and it was seen from last Friday. Intraday selling seen at higher levels in both sessions of this week but lower levels intraday support was also seen  on 09-10-2012.

Nifty retraced upto 5668 in on going correction and slipping below it as well as trading  possibility between next strong support range(5639-5680)also can not be ruled out because higher levels selling in both previous sessions.

If sentiment does ont remain boiling then expected that Nifty will firstly trade between within last 2 sessions range(5668-5733). US markets are now 0.56% to 1.40% down at this moment therefore sentiment may be weak tomorrow morning and trading is possible within next strong support range(5639-5680). Sustaining below 5639 will be deeper correction confirmation and rally beginning confirmation after correction completion will be after sustaining above 5733/ 5756.

FII & DII trading activity in Capital Market Segment on 09-Oct-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 09-Oct-2012 2327.01 1713.03 613.98

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 09-Oct-2012 697.69 1128.29 -430.6

Indian Stock Markets Closing Reports(09-Oct-2012)

Main features of today trading are as follows

1- Benchmark Indices closed in Green.
2- Most Indiced with marginal gains while CNX FMCG and CNX PHARMA closed more than 1% up.
3- Doji Candle formation on EOD Charts.

Ratios

Nifty Put Call Ratio: 1.09
Nifty P/E Ratio(09-Oct-2012): 17.98

Advances & Declines

BSE Advances : 1537
BSE Declines : 1343
NSE Advances :  807
NSE Declines :  648

Nifty Open Interest Changed Today

Nifty- 5600 CE(Oct)- 74,000(4.02%)
Nifty- 5600 PE(Oct)- 328,150 (5.38%)

Nifty- 5700 CE(Oct)- -74,550(-1.79%)
Nifty- 5700 PE(Oct)-  298,900(5.94%)

Nifty- 5800 CE(Oct)- 317,850 (4.54%)
Nifty- 5800 PE(Oct)- 21,150(0.83%)

Nifty- 5900 CE(Oct)- 453,150(7.02%)
Nifty- 5900 PE(Oct)- -27,950(-3.06%)

Closing 

Nifty- closed at 5,704.60(28.60 Points & 0.50%)
Sensex- closed at 18,793.36( 84.38 Points & 0.45% )
CNX Midcap - closed at 7,935.45(49.55 Points & 0.63%)
CNX Smallcap- closed at 3,514.40(15.20 Points & 0.43%)

Nifty Spot-Levels & Trading Strategy for 10-10-2012

Nifty Spot-Levels

R3 5780
R2 5754
R1 5729
Avg 5703
S1 5678
S2 5652
S3 5627

Nifty Spot-Trading Strategy

H6 5755     Trgt 2
H5 5743     Trgt 1
H4 5732     Long breakout
H3 5718     Go Short
H2 5713
H1 5708
L1 5699
L2 5694
L3 5689     Long
L4 5675     Short Breakout
L5 5664     Trgt 1
L6 5652     Trgt 2

Nifty(Oct Fut)-Levels & Trading Strategy for 10-10-2012

Nifty(Oct Fut)-Levels

R3 5814
R2 5785
R1 5754
Avg 5725
S1 5694
S2 5665
S3 5634

Nifty(Oct Fut)-Trading Strategy

H6 5783     Trgt 2
H5 5769     Trgt 1
H4 5756     Long breakout
H3 5739     Go Short
H2 5734
H1 5728
L1 5717
L2 5712
L3 5706     Long
L4 5690     Short Breakout
L5 5676     Trgt 1
L6 5662     Trgt 2

Bank Nifty(Oct Fut)-Levels & Trading Strategy for 10-10-2012

Bank Nifty(Oct Fut)-Levels

R3 11902
R2 11791
R1 11644
Avg 11533
S1 11386
S2 11275
S3 11128

Bank Nifty(Oct Fut)-Trading Strategy

H6 11756     Trgt 2
H5 11697     Trgt 1
H4 11638     Long breakout
H3 11567     Go Short
H2 11544
H1 11520
L1 11473
L2 11449
L3 11426     Long
L4 11355     Short Breakout
L5 11296     Trgt 1
L6 11237     Trgt 2

Pre-Closing Outlook(09-10-2012)

Nifty slipped below 5707 but got minor supports also at lower levels between 5678-5685 and again trading near about 5707 . As intraday charts are showing selling formations also between 5718-5728 therefore firstly sustaining above 5678 and then 5728/5733 is must for next up moves.

Whole day sideways trading between 5678-5728 today with both minor selling at higher levels and lower levels supports also. As both intraday trading positions within this range therefore Nifty will firstly trade and prepare for next moves within this range tomorrow,sustaining beyond this range will be strong indication of correction continuation or completion.

Mid-session Outlook(09-10-2012)

24 Points sideways trading and preparation for next moves between 4703-4727 since after positive opening today. Nifty is now trading near intra day lows at 5707 and sustaining it below will be first indication of correction continuation as well as should be firstly watched at this moment.

Post-open Outlook(09-10-2012)

Nifty is trading within immediate resistance range(5720-5733) after positive opening and crossing  crossing above 5733 will be first indication of rally continuation after correction completion while confirmation will be after sustaining above 5756.

Sustaining below 5707 will be first indication of correction continuation while deeper correction confirmation will be after sustaining below 5680.

Pre-open Outlook(09-10-2012)

Although some Asian markets are flat but Hangsang and Shanghai Composite are more than 1% up therefore sentiment turned good today morning and resultant Indian markets will open positive and Nifty will trade between following 2 support and resistance ranges today and in the coming sessions as well as prepare for next direction:-

1- Support range- 5639-5680
2- Resistance range- 5720-5756

Technical Analysis and Market Outlook(09-10-2012)

Nifty-Intra Day Chart (08-Oct-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5720-5733.
2- Whole day acual trading between 5668-5733

Conclusions from intra day chart analysis 

Firstly more than 3 hours side ways trading between 5715-5733 with intraday selling patterns between 5720-5733 and after that beginning of slow down moves. Nifty got supports between 5707-5730 last Friday and firstly intraday selling between this range before breaking down of next suppport at 5707.

As follow up selliing seen  below 5707 also therefore expected that Nifty will sustain below it and last Friday begun correction will remain continued.

Next strong supports are between 5639-5680 and Nifty traded last 23 minutes within this range. As follow up selling seen above this range therefore expected that Nifty will again trade near about this range finally sustaining beyond this range will give on going correction continuation/completion confirmations.

FII Trading Data in Derivatives Segment on 08-Oct-2012

FII & DII trading activity in Capital Market Segment on 08-Oct-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 08-Oct-2012 2979.06 2415.22 563.84

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 08-Oct-2012 820.42 1599.03 -778.61

Indian Stock Markets Closing Reports(08-Oct-2012)

Main features of today trading are as follows

1- Benchmark Indices closed in Red at the lowest of the day.
2- All the Indices closed in Red except CNX PHARMA.
3- Black Candle Formation.

Ratios

Nifty Put Call Ratio: 0.99
Nifty P/E Ratio(08-Oct-2012): 17.94

Advances & Declines

BSE Advances : 1344
BSE Declines : 1562
NSE Advances :  628
NSE Declines :  825

Nifty Open Interest Changed Today

Nifty- 5600 CE(Oct)- 138,400(8.14%)
Nifty- 5600 PE(Oct)- 653,750(12.01%)

Nifty- 5700 CE(Oct)- 708,800(20.56%)
Nifty- 5700 PE(Oct)- -444,450(-8.12%)

Nifty- 5800 CE(Oct)- 552,600(8.56%)
Nifty- 5800 PE(Oct)- -356,600(-12.31%)

Nifty- 5900 CE(Oct)- 568,500(9.65%)
Nifty- 5900 PE(Oct)- -94,650(-9.40%)

Closing 

Nifty- closed at 5,676.00(-70.95 Points & -1.23%)
Sensex- closed at 18,708.98(-229.48 Points & -1.21% )
CNX Midcap - closed at 7,885.90(-48.50 Points & -0.61%)
CNX Smallcap- closed at 3,499.20(-11.75 Points & -0.33%)

Nifty Spot-Levels & Trading Strategy for 09-10-2012

Nifty Spot-Levels

R3 5814
R2 5782
R1 5729
Avg 5697
S1 5644
S2 5612
S3 5559

Nifty Spot-Trading Strategy

H6 5761     Trgt 2
H5 5741     Trgt 1
H4 5722     Long breakout
H3 5699     Go Short
H2 5691
H1 5683
L1 5668
L2 5660
L3 5652     Long
L4 5629     Short Breakout
L5 5610     Trgt 1
L6 5590     Trgt 2