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FII & DII trading activity in Capital Market Segment on 29-Oct-2012
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Indian Stock Markets Closing Reports(29-Oct-2012)
1- Benchmark Indices closed flat.
2- Many i Indices closed in Red after slipping from higher levels.
3- Doji Candle formation.
Ratios
Nifty Put Call Ratio: 0.95
Nifty P/E Ratio(29-Oct-2012): 17.76
Advances & Declines
BSE Advances : 1,218 (41%)
BSE Declines : 1,631 (55%)
NSE Advances : 546 (36%)
NSE Declines : 890 (59%)
Nifty Open Interest Changed Today
Nifty- 5500 CE(Nov)- 30,450(3.95%)
Nifty- 5500 PE(Nov)- 233,600(7.15%)
Nifty- 5600 CE(Nov)- 2,000(0.16%)
Nifty- 5600 PE(Nov)- 484,750(11.93%)
Nifty- 5700 CE(Nov)- 349,900(11.27%)
Nifty- 5700 PE(Nov)- 500,250(13.92%)
Nifty- 5800 CE(Nov)- 585,450(17.02%)
Nifty- 5800 PE(Nov)- 16,250(0.96%)
Closing
Sensex- closed at 18635.82(10.48 Points & 0.06%)
Nifty- closed at 5,665.60(1.30 Points & 0.02%)
CNX Midcap - closed at 7,766.55(-23.95 Points & -0.31%)
CNX Smallcap- closed at 3,428.60(-15.10 Points & -0.44%)
Nifty Spot-Levels & Trading Strategy for 30-10-2012
R3 5746
R2 5722
R1 5693
Avg 5669
S1 5640
S2 5616
S3 5587
Nifty Spot-Trading Strategy
H6 5718 Trgt 2
H5 5706 Trgt 1
H4 5694 Long breakout
H3 5679 Go Short
H2 5674
H1 5669
L1 5660
L2 5655
L3 5650 Long
L4 5635 Short Breakout
L5 5623 Trgt 1
L6 5611 Trgt 2
Nifty(Nov Fut)-Levels & Trading Strategy for 30-10-2012
R3 5779
R2 5754
R1 5728
Avg 5703
S1 5677
S2 5652
S3 5626
Nifty(Nov Fut)-Trading Strategy
H6 5753 Trgt 2
H5 5741 Trgt 1
H4 5730 Long breakout
H3 5716 Go Short
H2 5711
H1 5706
L1 5697
L2 5692
L3 5687 Long
L4 5673 Short Breakout
L5 5662 Trgt 1
L6 5650 Trgt 2
Bank Nifty(Nov Fut)-Levels & Trading Strategy for 30-10-2012
R3 11791
R2 11725
R1 11644
Avg 11578
S1 11497
S2 11431
S3 11350
Bank Nifty(Nov Fut)-Trading Strategy
H6 11710 Trgt 2
H5 11677 Trgt 1
H4 11643 Long breakout
H3 11603 Go Short
H2 11589
H1 11576
L1 11549
L2 11536
L3 11522 Long
L4 11482 Short Breakout
L5 11448 Trgt 1
L6 11415 Trgt 2
Pre-Closing Outlook(29-10-2012)
Although Indian markets are trading near intraday lower levels at this moment but intraday patterns are showing consolidation indications therefore bouncing back possibility is very much alive after RBI Credit Policy tomorrow.
Blasting Moves cooking in 23 Sessions
Technical Analysis,Research & Weekly Outlook
(Oct 29 to Nov 02,2012)
Nifty-EOD Chart (26-Oct-2012):-
Technical Patterns and Formations in EOD charts
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- 14 Sessions sideways correction between 5639-5733.
8- 23 Sessions most time trading between 5639-5733.
9- Previous 3 corrective weeks.
10- Previous 2 weeks Doji Candle formation.
11- 23 Sessions sideways market between 5639-5756.
Conclusions from EOD chart analysis
Sub Wave-5 of Wave-3 completed at 5815.35 on 05-10-2012 and after that its correction begun in sideways trading mode. 14 Sessions correction between 5639-5733 and also last 23 sessions trading within this range.
As technical positions of last 14 sideways sessions has to be understood for deciding length of correction and next trend after completion of correction therefore Micro-Analysis of corrective 14 sessions intraday Charts of Nifty is as follows:-
Technical Patterns and Formations in last 14 Sessions intraday charts
1- 14 Corrective sessions resistance at 5733.
2- Selling between 5700-5733.
3- 14 Corrective sessions support at 5639.
4- Buying between 5639-5675.
5- 14 Previous sessions sideways trading 5639-5733.
14 Sessions sideways corrcetion between 5639-5733 after Sub Wave-5 of Wave-3 completion with higher levels good selling between 5700-5733 and equally good buying also at lower levels between 5639-5675.
23 sessions sideways trading between 5639-5733 and finally sustaining beyond this range will decide next big following trends:-
1- Above 5733 will mean high possibility Nifty above 6000.
2- Below 5639 will mean firstly deeper correction of previous Sub Wave-5 rally of 600 Nifty points. As Wave-3 correction after completion of Sub Wave-5 therefore 'ABC' correction of whole Wave-3 up moves(1045 Nifty points).
As both higher levels good selling and lower levels strong supports in last 23 sessions between 5639-5733 therefore technically Indian markets are not prepared for any side decisive move and will firstly prepare for next trend in the beginning of next week within 5639-5733. Market takes its own time to take positions and let this process complete and technical formations emerge in intraday charts then break out direction will be understood and projected in the coming sessions.
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- 14 Sessions sideways correction between 5639-5733.
8- 23 Sessions most time trading between 5639-5733.
9- Previous 3 corrective weeks.
10- Previous 2 weeks Doji Candle formation.
11- 23 Sessions sideways market between 5639-5756.
Conclusions from EOD chart analysis
Sub Wave-5 of Wave-3 completed at 5815.35 on 05-10-2012 and after that its correction begun in sideways trading mode. 14 Sessions correction between 5639-5733 and also last 23 sessions trading within this range.
As technical positions of last 14 sideways sessions has to be understood for deciding length of correction and next trend after completion of correction therefore Micro-Analysis of corrective 14 sessions intraday Charts of Nifty is as follows:-
Nifty-Micro Analysis of corrective 14 Sessions Intra Day Chart
(Oct 08 to Oct 26,2012)
Nifty-Intra Day Chart (Oct 08 to Oct 26,2012):-Just click on chart for its enlarged view |
1- 14 Corrective sessions resistance at 5733.
2- Selling between 5700-5733.
3- 14 Corrective sessions support at 5639.
4- Buying between 5639-5675.
5- 14 Previous sessions sideways trading 5639-5733.
Conclusions from 14 Sessions intra day chart analysis
14 Sessions sideways corrcetion between 5639-5733 after Sub Wave-5 of Wave-3 completion with higher levels good selling between 5700-5733 and equally good buying also at lower levels between 5639-5675.
Conclusions (After Putting All Studies Together)
23 sessions sideways trading between 5639-5733 and finally sustaining beyond this range will decide next big following trends:-
1- Above 5733 will mean high possibility Nifty above 6000.
2- Below 5639 will mean firstly deeper correction of previous Sub Wave-5 rally of 600 Nifty points. As Wave-3 correction after completion of Sub Wave-5 therefore 'ABC' correction of whole Wave-3 up moves(1045 Nifty points).
As both higher levels good selling and lower levels strong supports in last 23 sessions between 5639-5733 therefore technically Indian markets are not prepared for any side decisive move and will firstly prepare for next trend in the beginning of next week within 5639-5733. Market takes its own time to take positions and let this process complete and technical formations emerge in intraday charts then break out direction will be understood and projected in the coming sessions.
Forceful break out or sustaining beyond 5639-5733 will blast open the gates of those next big moves which are being cooked in last 23 sessions.
FII & DII trading activity in Capital Market Segment on 26-Oct-2012
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Indian Stock Markets Closing Reports(26-Oct-2012)
1- All the Indices closed in Red except CNX AUTO.
2- Weaker Global cues led intraday fall.
3- Black Candle formation.
Ratios
Nifty Put Call Ratio: 0.96
Nifty P/E Ratio(26-Oct-2012): 17.77
Advances & Declines
BSE Advances : 1,024
BSE Declines : 1,167
NSE Advances : 587
NSE Declines : 1,167
Nifty Open Interest Changed Today
Nifty- 5500 CE(Nov)- -51,300(-6.23%)
Nifty- 5500 PE(Nov)- 446,450(15.84%)
Nifty- 5600 CE(Nov)- -74,750(-5.80%)
Nifty- 5600 PE(Nov)- 198,050(5.12%)
Nifty- 5700 CE(Nov)- 583,600(23.14%)
Nifty- 5700 PE(Nov)- 669,950(22.91%)
Nifty- 5800 CE(Nov)- 658,600(23.69%)
Nifty- 5800 PE(Nov)- -123,850(-6.82%)
Closing
Sensex- closed at 18,625.34(-133.29 Points & -0.71%)
Nifty- closed at 5,664.30(-41.00 Points & -0.72%)
CNX Midcap - closed at 7,790.50(-91.75 Points &-1.16 %)
CNX Smallcap- closed at 3,443.70(-46.55 Points &-1.33 %)
Nifty Spot-Levels & Trading Strategy for 29-10-2012
R3 5749
R2 5723
R1 5693
Avg 5667
S1 5637
S2 5611
S3 5581
Nifty Spot-Trading Strategy
H6 5720 Trgt 2
H5 5707 Trgt 1
H4 5694 Long breakout
H3 5679 Go Short
H2 5674
H1 5669
L1 5658
L2 5653
L3 5648 Long
L4 5633 Short Breakout
L5 5620 Trgt 1
L6 5607 Trgt 2
Nifty(Nov Fut)-Levels & Trading Strategy for 29-10-2012
R3 5780
R2 5753
R1 5726
Avg 5699
S1 5672
S2 5645
S3 5618
Nifty(Nov Fut)-Trading Strategy
H6 5753 Trgt 2
H5 5740 Trgt 1
H4 5728 Long breakout
H3 5713 Go Short
H2 5708
H1 5703
L1 5694
L2 5689
L3 5684 Long
L4 5669 Short Breakout
L5 5657 Trgt 1
L6 5644 Trgt 2
Bank Nifty(Nov Fut)-Levels & Trading Strategy for 29-10-2012
R3 11833
R2 11765
R1 11675
Avg 11607
S1 11517
S2 11449
S3 11359
Bank Nifty(Nov Fut)-Trading Strategy
H6 11743 Trgt 2
H5 11707 Trgt 1
H4 11671 Long breakout
H3 11628 Go Short
H2 11613
H1 11599
L1 11570
L2 11556
L3 11541 Long
L4 11498 Short Breakout
L5 11462 Trgt 1
L6 11426 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Oct 29 to Nov 02,2012)
R3 5790
R2 5756
R1 5710
Avg 5676
S1 5630
S2 5596
S3 5550
Nifty Spot-Weekly Trading Strategy
H6 5744 Trgt 2
H5 5726 Trgt 1
H4 5708 Long breakout
H3 5686 Go Short
H2 5678
H1 5671
L1 5656
L2 5649
L3 5642 Long
L4 5620 Short Breakout
L5 5601 Trgt 1
L6 5583 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Oct 29 to Nov 02,2012)
R3 11875
R2 11766
R1 11637
Avg 11528
S1 11399
S2 11290
S3 11161
Bank Nifty Spot-Weekly Trading Strategy
H6 11748 Trgt 2
H5 11694 Trgt 1
H4 11639 Long breakout
H3 11574 Go Short
H2 11552
H1 11530
L1 11487
L2 11465
L3 11443 Long
L4 11378 Short Breakout
L5 11323 Trgt 1
L6 11269 Trgt 2
Pre-Closing Outlook(2610-2012)
Short Term Trend is sideways after 23 Sessions most time trading between 5639-5733 with higher levels good selling between 5692-5733 and lower levels good supports near 5639. As sentiment was subdued today morning due US Futures weak trading and Dow's Futures trading more than 100 points down therefore Indian markets also slipped but traded whole day within above mentioned 23 Sessions trading range as well as got support also at 5641.
Although Indian markets traded whole day in negative zone but intraday patterns are not showing selling pattern and today down moves are due to weaker global cues also.
Indian markets are still range bound between 5639-5733 with lower levels supports and higher levels selling,just get next trend confirmation through sustaining it beyond.
Although Indian markets traded whole day in negative zone but intraday patterns are not showing selling pattern and today down moves are due to weaker global cues also.
Indian markets are still range bound between 5639-5733 with lower levels supports and higher levels selling,just get next trend confirmation through sustaining it beyond.
Mid-session Outlook-4(2610-2012)
All the Asian markets closed from 1.21% to 1.76% down and Dow's Futures is more than 100 points down therefore market sentiment is extremely weak today and forceful break down of 5664 seen as well as testing of next strong support(5639) is expected now.
Mid-session Outlook-3(2610-2012)
More than 3 hours trading between 5664-5680 with intraday supports and consolidation patterns but Dow's Futures is more than 100 points down at this moment and sentiment may dampen also therefore next moves confirmations will be after forceful break out of 5664-5680.
Mid-session Outlook-2(2610-2012)
Last 2 hours trading between 5664-5680 with intraday supports and consolidation patterns.
Mid-session Outlook(2610-2012)
As Dow Futures is more than 90 points down today therefore sentiment is weak and all the Asian markets are .75% to 1.50% down. Indian markets also responded global weakness with negative zone trading since opening today.
As Nifty traded more than 16 hours between 5687-5732 with higher levels selling in last 4 sessions therefore sustaining below 5687 and more down moves can not be ruled out.
Strong supports near 5639 and it is next hope for Bulls,sustaining it beyond has to watched for Intermediate term trend confirmation.
As Nifty traded more than 16 hours between 5687-5732 with higher levels selling in last 4 sessions therefore sustaining below 5687 and more down moves can not be ruled out.
Strong supports near 5639 and it is next hope for Bulls,sustaining it beyond has to watched for Intermediate term trend confirmation.
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