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ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
FII & DII trading activity in Capital Market Segment on 23-Oct-2012
Indian Stock Markets Closing Reports(23-Oct-2012)
1- All the Indices closed in Red except CNX INFRA.
2- Slipping and closing near lower levels of the day.
3- Black Candle formation.
Ratios
Nifty Put Call Ratio: 0.98
Nifty P/E Ratio(23-Oct-2012): 17.89
Advances & Declines
BSE Advances : 1,262
BSE Declines : 1,555
NSE Advances : 711
NSE Declines : 1,014
Nifty Open Interest Changed Today
Nifty- 5500 CE(Oct)- -11,200(-1.61%)
Nifty- 5500 PE(Oct)- -82,150(-1.42%)
Nifty- 5600 CE(Oct)- -47,750(-0.90%)
Nifty- 5600 PE(Oct)- -808,450(-9.67%)
Nifty- 5700 CE(Oct)- -560,600(-4.78%)
Nifty- 5700 PE(Oct)- -873,600(-13.98%)
Nifty- 5800 CE(Oct)- -560,600(-4.78%)
Nifty- 5800 PE(Oct)- -527,550(-35.35%)
Closing
Sensex- closed at 18,710.02(-83.42 Points & -0.44%)
Nifty- closed at 5,691.40(-25.75 Points & -0.45%)
CNX Midcap - closed at 7,873.90(-35.35 Points & -0.45%)
CNX Smallcap- closed at 3,490.50(-16.60 Points & -0.47%)
Nifty Spot-Levels & Trading Strategy for 25-10-2012
R3 5752
R2 5736
R1 5713
Avg 5697
S1 5674
S2 5658
S3 5635
Nifty Spot-Trading Strategy
H6 5730 Trgt 2
H5 5721 Trgt 1
H4 5712 Long breakout
H3 5701 Go Short
H2 5698
H1 5694
L1 5687
L2 5683
L3 5680 Long
L4 5669 Short Breakout
L5 5660 Trgt 1
L6 5651 Trgt 2
Nifty(Oct Fut)-Levels & Trading Strategy for 25-10-2012
R3 5754
R2 5737
R1 5716
Avg 5699
S1 5678
S2 5661
S3 5640
Nifty(Oct Fut)-Trading Strategy
H6 5733 Trgt 2
H5 5724 Trgt 1
H4 5715 Long breakout
H3 5705 Go Short
H2 5701
H1 5698
L1 5691
L2 5688
L3 5684 Long
L4 5674 Short Breakout
L5 5665 Trgt 1
L6 5656 Trgt 2
Bank Nifty(Oct Fut)-Levels & Trading Strategy for 25-10-2012
R3 11783
R2 11726
R1 11655
Avg 11598
S1 11527
S2 11470
S3 11399
Bank Nifty(Oct Fut)-Trading Strategy
H6 11712 Trgt 2
H5 11683 Trgt 1
H4 11654 Long breakout
H3 11619 Go Short
H2 11607
H1 11595
L1 11572
L2 11560
L3 11548 Long
L4 11513 Short Breakout
L5 11484 Trgt 1
L6 11455 Trgt 2
Mid-session Outlook-2(23-10-2012)
Nifty is trading below 5692 today but it was predicted yesterday at 03:15PM in Pre-Closing Outlook and following lines were told:-
"Although Nifty is trading near the highs of the day at this moment but selling within last 2 sessions 6 hours trading range(5692-5721) therefore possibility of slipping below 5692 and correction continuation is still alive"
Nifty slipped below 5692 and traded almost one hour also below it but sustaining below 5692 is must for confirmation of more down moves toward next supports near 5639.
"Although Nifty is trading near the highs of the day at this moment but selling within last 2 sessions 6 hours trading range(5692-5721) therefore possibility of slipping below 5692 and correction continuation is still alive"
Nifty slipped below 5692 and traded almost one hour also below it but sustaining below 5692 is must for confirmation of more down moves toward next supports near 5639.
Mid-session Outlook-2(23-10-2012)
As intraday selling patterns between 5692-5721 in last 2 sessions therefore correction continuation and Indian markets slipping possibility has been told in previous 4 Outlooks of today and yesterday. Nifty slipped below 5692 today and until Nifty will not sustaining above 5721 till then any up move will not be considered because selling confirmations just below it.
As slipping below 5692 is without force therefore sustaining below 5692 has to be firstly watched.
As slipping below 5692 is without force therefore sustaining below 5692 has to be firstly watched.
Mid-session Outlook(23-10-2012)
As more than 6 hours trading within 5692-5721 in last 2 sessions with intraday selling formations therefore Nifty traded most time negative within this range today. Long Term and Intermediate term trends are up and follow up selling is must within this range today for deeper correction.
Last 2 hours again trading today within above mentioned range. As selling in last 2 days therefore Indian markets slipped today from intraday higher levels and correction continuation possibility is alive through slipping below 5692. Follow up moves and forceful break out of above mentioned range should be firstly watched today because that will give strong indication of next trend.
Last 2 hours again trading today within above mentioned range. As selling in last 2 days therefore Indian markets slipped today from intraday higher levels and correction continuation possibility is alive through slipping below 5692. Follow up moves and forceful break out of above mentioned range should be firstly watched today because that will give strong indication of next trend.
Post-open Outlook(23-10-2012)
More than 6 hours trading within 5692-5721 in last 2 sessions and today also trading within it. Follow up moves and forceful break out of this range will give strong indication of next trend.
Technical Analysis and Market Outlook(23-10-2012)
Nifty-Intra Day Chart (Oct 19 to Oct 22,2012):-
Technical Patterns and Formations in last 2 Sessions intraday charts
1- More than 6 hours trading within 5692-5721 in last 2 sessions
2- Selling within 5692-5721 last Friday and today again intraday selling formations within this range.
Nifty traded more than 6 hours within 5692-5721 in last 2 sessions and also closed neat the top within this range today but 2 hours selling seen within this range last Friday and today also selling formations within this range. Although Nifty closed near the highs of the day today but selling formations in last more than 4 hours intraday charts.
As 6 hours selling formations in last 2 sessions intraday charts therefore correction continuation possibility through slipping below 5692 is alive. 20 Sessions most time trading between 5639-5733 and Short Term Trend is sideways after 600 points strong rally in 21 sessions from 05-09-2012 to 05-10-2012 therefore finally sustaining beyond 5639-5733 will give confirmation to deeper correction below 5639 or strong rally above 5733.
Sustaining beyond above mentioned 6 hours range(5692-5721) will be first indication and finally sustaining beyond previous 20 Sessions most time trading range(5639-5733) will be confirmation
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| Just click on chart for its enlarged view |
1- More than 6 hours trading within 5692-5721 in last 2 sessions
2- Selling within 5692-5721 last Friday and today again intraday selling formations within this range.
Conclusions from 2 Sessions intra day chart analysis
Nifty traded more than 6 hours within 5692-5721 in last 2 sessions and also closed neat the top within this range today but 2 hours selling seen within this range last Friday and today also selling formations within this range. Although Nifty closed near the highs of the day today but selling formations in last more than 4 hours intraday charts.
As 6 hours selling formations in last 2 sessions intraday charts therefore correction continuation possibility through slipping below 5692 is alive. 20 Sessions most time trading between 5639-5733 and Short Term Trend is sideways after 600 points strong rally in 21 sessions from 05-09-2012 to 05-10-2012 therefore finally sustaining beyond 5639-5733 will give confirmation to deeper correction below 5639 or strong rally above 5733.
Sustaining beyond above mentioned 6 hours range(5692-5721) will be first indication and finally sustaining beyond previous 20 Sessions most time trading range(5639-5733) will be confirmation
FII & DII trading activity in Capital Market Segment on 22-Oct-2012
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Indian Stock Markets Closing Reports(22-Oct-2012)
1- Benchmark Indices closed in Green.
2- Smallcap closing in Red.
3- Long White Candle formation.
Ratios
Nifty Put Call Ratio: 1.18
Nifty P/E Ratio(22-Oct-2012): 17.97
Advances & Declines
BSE Advances : 1,367
BSE Declines : 1,488
NSE Advances : 840
NSE Declines : 915
Nifty Open Interest Changed Today
Nifty- 5500 CE(Oct)- -71,000(-9.25%)
Nifty- 5500 PE(Oct)- -882,750(-13.22%)
Nifty- 5600 CE(Oct)- -117,900(-6.89%)
Nifty- 5600 PE(Oct)- 1,554,900(22.86%)
Nifty- 5700 CE(Oct)- -904,400(-14.60%)
Nifty- 5700 PE(Oct)- 773,850(14.13%)
Nifty- 5800 CE(Oct)- 979,650(9.12%)
Nifty- 5800 PE(Oct)- 335,550(29.00%)
Closing
Sensex- closed at 18,793.44(111.13 Points & 0.59%)
Nifty- closed at 5,717.15(32.90 Points & 0.58%)
CNX Midcap - closed at 7,909.25(5.40 Points & 0.07%)
CNX Smallcap- closed at 3,507.10(-21.45 Points & -0.61%)
Nifty Spot-Levels & Trading Strategy for 23-10-2012
R3 5802
R2 5761
R1 5739
Avg 5698
S1 5676
S2 5635
S3 5613
Nifty Spot-Trading Strategy
H6 5780 Trgt 2
H5 5766 Trgt 1
H4 5751 Long breakout
H3 5734 Go Short
H2 5728
H1 5722
L1 5711
L2 5705
L3 5699 Long
L4 5682 Short Breakout
L5 5667 Trgt 1
L6 5653 Trgt 2
Nifty(Oct Fut)-Levels & Trading Strategy for 23-10-2012
R3 5811
R2 5770
R1 5747
Avg 5706
S1 5683
S2 5642
S3 5619
Nifty(Oct Fut)-Trading Strategy
H6 5788 Trgt 2
H5 5773 Trgt 1
H4 5759 Long breakout
H3 5741 Go Short
H2 5735
H1 5729
L1 5718
L2 5712
L3 5706 Long
L4 5688 Short Breakout
L5 5674 Trgt 1
L6 5659 Trgt 2
Bank Nifty(Oct Fut)-Levels & Trading Strategy for 23-10-2012
R3 11876
R2 11755
R1 11687
Avg 11566
S1 11498
S2 11377
S3 11309
Bank Nifty(Oct Fut)-Trading Strategy
H6 11811 Trgt 2
H5 11767 Trgt 1
H4 11723 Long breakout
H3 11671 Go Short
H2 11654
H1 11637
L1 11602
L2 11585
L3 11568 Long
L4 11516 Short Breakout
L5 11472 Trgt 1
L6 11428 Trgt 2
Pre-Closing Outlook(22-10-2012)
Nifty moved above 5714 but without force therefore could not sustained above and retraced within last 2 sessions most traded range(5692-5714).
Nifty trading more than 6 hours within 5692-5721 in last 2 sessions. Selling seen within this range last Friday and today also intraday selling formations are being felt within this range.
Although Nifty is trading near the highs of the day at this moment but selling within last 2 sessions 6 hours trading range(5692-5721) therefore possibility of slipping below 5692 and correction continuation is still alive. Let Nifty sustaining above 5733/5756 then rally continuation after correction completion will get confirmation.
Nifty trading more than 6 hours within 5692-5721 in last 2 sessions. Selling seen within this range last Friday and today also intraday selling formations are being felt within this range.
Although Nifty is trading near the highs of the day at this moment but selling within last 2 sessions 6 hours trading range(5692-5721) therefore possibility of slipping below 5692 and correction continuation is still alive. Let Nifty sustaining above 5733/5756 then rally continuation after correction completion will get confirmation.
Mid-session Outlook(22-10-2012)
All the Asian markets jumped from intraday lower levels today and sentiment improved therefore good recovery seen in Indian markets also today.
Intraday selling seen between 5693-5710 last Friday and today again trading within same range with the last more than 2 hours trading between 5692-5714.
As more than 5 hours trading between 5692-5714 in last 2 sessions therefore break out of this range will be 1st indication of next trend and should be firstly watched now.
Intraday selling seen between 5693-5710 last Friday and today again trading within same range with the last more than 2 hours trading between 5692-5714.
As more than 5 hours trading between 5692-5714 in last 2 sessions therefore break out of this range will be 1st indication of next trend and should be firstly watched now.
Big Moves are Ripe after 19 Sideways Sessions
Technical Analysis,Research Weekly Outlook
(Oct 22 to Oct 25,2012)
Nifty-EOD Chart (19-Oct-2012):-
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| Just click on chart for its enlarged view |
1- Sub Wave-4 of Wave-3(5215.70 on 05-09-2012)
2- Sub Wave-5 of Wave-3 (5815.35 on 05-10-2012
3- Sub Wave-5 gained 600 points strong rally in 21 sessions from 05-09-2012 to 05-10-2012
4- 19 Sessions sideways trading between between 5639-5733/5756
5- Last 10 corrective sessions trading between 5639-5733 from 08-09-2012
6- Long Term trend decider 200-Day SMA at 5257
7- Long Term trend decider 200-Day EMA at 5307
7- Correction in previous 2 weeks.
8- Weekly Doji Candle formation in previous week.
9- Bull Bear Tussle between 5639-5756 in last 4 weeks.
Conclusions from EOD chart analysis
21 sessions 600 points strong rally from 05-09-2012 to 05-10-2012 but its correction is very much on from the last 10 sessions and most time sideways trading between 5639-5733. Long Term and Intermediate Term Trends are up and Short Term Trend is sideways through 19 Sessions most time sideways trading between 5639-5733. It is confirm that big moves are being ripe in last 19 sessions between 5639-5733 but higher levels good selling and lower levels strong supports within this range therefore Indian markets are not prepared for any side decisive big move.
Nifty-EOD Chart (19-Oct-2012):-
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| Just click on chart for its enlarged view |
1- 4770.35 on 04-06-2012(Wave-2 completion and Wave-3 beginning)
2- 5348.55 on 10-07-2012(Sub Wave-1 of Wave-3)
3- 5032.40 on 26-07-2012(Sub Wave-2 of Wave-3)
4- 5448.40 on 23-08-2012(Sub Wave-3 of Wave-3)
5- 5215.70 on 05-09-2012(Sub Wave-4 of Wave-3)
6- Sub Wave-5 of Wave-3 completion at 5815.35 on 05-10-2012
7- 10 Sessions sideways correction between 5639-5733.
8- 19 Sessions most time trading between between 5639-5733 near the
Conclusions from EOD chart analysis
'ABC' correction of Wave-3 is also due after its Sub Wave-5 completion at 5815.35. Deeper correction confirmation after sustaining below 5639 will mean 'ABC' correction possibility to correct whole Wave-3 rally from 4770.35 to 5815.35.
Conclusions (After Putting All Studies Together)
Sub Wave-5 of Wave-3 completion confirmation and its correction is continued through 10 Sessions sideways trading between 5639-5733. Certainly big moves possibilities have also emerged after last 19 sessions sideways moves between 5639-5733 but technical positions within this range are quite balanced because good selling at higher levels and strong supports with intraday consolidation seen at lower levels in last 19 sideways sessions.
As good selling seen at higher levels last Friday therefore slipping below 5639 can not be ruled out in the beginning of next week but sustaining below is must for deeper correction confirmation with 'ABC' correction possibility.
Final break out of previous 19 Sessions most time trading range(5639-5756) should be firstly watched next Monday because that will give confirmation to following decisive moves:-
1- Sustaining above 5756 will mean rally continuation after completion of sideways correction.
2- Sustaining below 5639 will mean deeper correction with high possibility of 'ABC' correction of Wave-3
FII & DII trading activity in Capital Market Segment on 19-Oct-2012
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