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ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
FII & DII trading activity in Capital Market Segment on 02-Nov-2012
Indian Stock Markets Closing Reports(02-Nov-2012)
1- All the Indices closed in Green.
2- Quiet sideways trading after gap up opening.
3- Doji Candle formation.
Ratios
Nifty Put Call Ratio: 1.00
Nifty P/E Ratio(02-Nov-2012): 17.86
Advances & Declines
BSE Advances : 1,538
BSE Declines : 1,329
NSE Advances : 992
NSE Declines : 706
Nifty Open Interest Changed Today
Nifty- 5400 CE(Nov)- -19,550(-1.16%)
Nifty- 5400 PE(Nov)- 259,750(5.45%)
Nifty- 5500 CE(Nov)- -27,900(-3.09%)
Nifty- 5500 PE(Nov)- -325,650(-6.58%)
Nifty- 5600 CE(Nov)- -278,550(-10.25%)
Nifty- 5600 PE(Nov)- 792,650(13.91%)
Nifty- 5700 CE(Nov)- -884,100(-16.71%)
Nifty- 5700 PE(Nov)- 797,550(21.69%)
Nifty- 5800 CE(Nov)- 178,800(3.46%)
Nifty- 5800 PE(Nov)- 18,000(1.11%)
Closing
Sensex- closed at 18755.45(193.75 Points & 1.04%)
Nifty- closed at 5,697.70(52.65 Points & 0.93%)
CNX Midcap - closed at 7,876.10(43.75 Points & 0.56%)
CNX Smallcap- closed at 3,443.55(13.25 Points & 0.39%)
Nifty Spot-Levels & Trading Strategy for 05-11-2012
R3 5740
R2 5725
R1 5711
Avg 5696
S1 5682
S2 5667
S3 5653
Nifty Spot-Trading Strategy
H6 5726 Trgt 2
H5 5719 Trgt 1
H4 5712 Long breakout
H3 5704 Go Short
H2 5702
H1 5699
L1 5694
L2 5691
L3 5689 Long
L4 5681 Short Breakout
L5 5674 Trgt 1
L6 5667 Trgt 2
Nifty(Nov Fut)-Levels & Trading Strategy for 05-11-2012
R3 5804
R2 5775
R1 5757
Avg 5728
S1 5710
S2 5681
S3 5663
Nifty(Nov Fut)-Trading Strategy
H6 5786 Trgt 2
H5 5775 Trgt 1
H4 5764 Long breakout
H3 5751 Go Short
H2 5747
H1 5743
L1 5734
L2 5730
L3 5726 Long
L4 5713 Short Breakout
L5 5702 Trgt 1
L6 5691 Trgt 2
Bank Nifty(Nov Fut)-Levels & Trading Strategy for 05-11-2012
R3 11682
R2 11620
R1 11578
Avg 11516
S1 11474
S2 11412
S3 11370
Bank Nifty(Nov Fut)-Trading Strategy
H6 11640 Trgt 2
H5 11616 Trgt 1
H4 11593 Long breakout
H3 11564 Go Short
H2 11555
H1 11545
L1 11526
L2 11516
L3 11507 Long
L4 11478 Short Breakout
L5 11455 Trgt 1
L6 11431 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Nov 05 to Nov 09,2012)
R3 5872
R2 5791
R1 5744
Avg 5663
S1 5616
S2 5535
S3 5488
Nifty Spot-Weekly Trading Strategy
H6 5827 Trgt 2
H5 5797 Trgt 1
H4 5767 Long breakout
H3 5732 Go Short
H2 5720
H1 5708
L1 5685
L2 5673
L3 5661 Long
L4 5626 Short Breakout
L5 5596 Trgt 1
L6 5566 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Nov 05 to Nov 09,2012)
R3 12140
R2 11870
R1 11665
Avg 11395
S1 11190
S2 10920
S3 10715
Bank Nifty Spot-Weekly Trading Strategy
H6 11949 Trgt 2
H5 11835 Trgt 1
H4 11721 Long breakout
H3 11590 Go Short
H2 11547
H1 11503
L1 11416
L2 11372
L3 11329 Long
L4 11198 Short Breakout
L5 11084 Trgt 1
L6 10970 Trgt 2
Pre-Closing Outlook(02-11-2012)
Whole day quiet market between 5683-5711 after gap up opening and today 25th sessions of sideways trading between 5639-5733. As Asian markets were strong therefore gap up opening and slipped also from intraday higher levels after weakness in European markets.
Intraday patterns of today are showing mixed patterns therefore firstly watch market reaction within and near about next resistance range(5700-5733) and its break out for first indication of next trend.
Intraday patterns of today are showing mixed patterns therefore firstly watch market reaction within and near about next resistance range(5700-5733) and its break out for first indication of next trend.
Mid-session Outlook(02-11-2012)
Market shown good strength today and first 3 hours trading between 5683-5695 after gap up opening as well as above mentioned range break out with force. Nifty is now trading between next strong resistance range(5700-5733).
Today intraday charts are showing consolidations and sustaining above 5733 will be next up moves confirmation.
Post-open Outlook(02-11-2012)
US markets witnessed good up moves yesterday after recovering from 'Sandy hurricane' and equally Asian markets responded with strong rally today morning. Indian markets also welcomed global rally with good gap up opening and now trading at almost those levels from where crashed after RBI Credit Policy on 30-10-2012.
Confirmation of reentering into previous 24 sessions sideways trading range(5639-5733) and Nifty is trading just below next strong resistance range(5700-5733). Let follow up technical positions develop then next moves within and beyond sideways trading range will be understood as well as updated.
Confirmation of reentering into previous 24 sessions sideways trading range(5639-5733) and Nifty is trading just below next strong resistance range(5700-5733). Let follow up technical positions develop then next moves within and beyond sideways trading range will be understood as well as updated.
Technical Analysis and Research For 02-11-2012
Nifty-EOD Chart (01-Nov-2012):-
Technical Patterns and Formations in EOD charts
1- 24 Sessions sideways trading between 5633.90-5815.35 from 24-09-2012 to 29-10-2012.
2- 24 sessions most time trading between 5639-5733.
3- 24 sessions range forcefully broken down after RBI Credit policy announcement and closing below 5633.90 on 30-10-2012.
4- Nifty again moved and closed above 5633.90 on 01-11-2012.
As break down confirmations was required therefore Following lines were told same day on 30-10-2012:-
1- firstly break down validity confirmation is required through following 2 filters:-
1- 3 Days sustaining below Neckline and/or
2- Slipping 3% below Neckline.
2- Firstly understand the validity of correction and get confirmation through above mentioned 2 filters
As Nifty closed above 5633.90 today therefore break down of 30-10-2012 has not yet proved valid and final sustaining it beyond will mean following moves:-
1- Sustaining above 5633.90 will mean reentering into 24 Sessions trading range after false break down.
2- Sustaining below 5633.90 will mean deeper correction after final breaking down of 24 sessions sideways trading range.
Sustaining beyond 5633.90 should be firstly watched for the confirmation of depth of correction
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| Just click on chart for its enlarged view |
1- 24 Sessions sideways trading between 5633.90-5815.35 from 24-09-2012 to 29-10-2012.
2- 24 sessions most time trading between 5639-5733.
3- 24 sessions range forcefully broken down after RBI Credit policy announcement and closing below 5633.90 on 30-10-2012.
4- Nifty again moved and closed above 5633.90 on 01-11-2012.
Conclusions from EOD chart analysis
As break down confirmations was required therefore Following lines were told same day on 30-10-2012:-
1- firstly break down validity confirmation is required through following 2 filters:-
1- 3 Days sustaining below Neckline and/or
2- Slipping 3% below Neckline.
2- Firstly understand the validity of correction and get confirmation through above mentioned 2 filters
As Nifty closed above 5633.90 today therefore break down of 30-10-2012 has not yet proved valid and final sustaining it beyond will mean following moves:-
1- Sustaining above 5633.90 will mean reentering into 24 Sessions trading range after false break down.
2- Sustaining below 5633.90 will mean deeper correction after final breaking down of 24 sessions sideways trading range.
Sustaining beyond 5633.90 should be firstly watched for the confirmation of depth of correction
Indian Stock Markets Closing Reports(01-Nov-2012)
1- Benchmark Indices closed in Green.
2- Most Indices closed in Green except ENERGY,FMCG,MEDIA,MNC.
3- White Candle formation.
Ratios
Nifty P/E Ratio(01-Nov-2012): 17.70
Advances & Declines
BSE Advances : 1,666
BSE Declines : 1,179
NSE Advances : 1,075
NSE Declines : 622
Nifty Open Interest Changed Today
Nifty- 5400 CE(Nov)- 400(0.02%)
Nifty- 5400 PE(Nov)- 55,150(1.17%)
Nifty- 5500 CE(Nov)- -10,400(-1.14%)
Nifty- 5500 PE(Nov)- 219,950(4.65%)
Nifty- 5600 CE(Nov)- -6,850(-0.25%)
Nifty- 5600 PE(Nov)- 472,600(9.04%)
Nifty- 5700 CE(Nov)- 21,550(0.41%)
Nifty- 5700 PE(Nov)- 254,900(7.45%)
Closing
Sensex- closed at 18561.70(56.32 Points & 0.30%)
Nifty- closed at 5,645.05(25.35 Points & 0.45%)
CNX Midcap - closed at 7,832.35(69.30 Points & 0.89%)
CNX Smallcap- closed at 3,430.30(20.05 Points & 0.59%)
FII & DII trading activity in Capital Market Segment on 01-Nov-2012
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Nifty Spot-Levels & Trading Strategy for 02-11-2012
R3 5710
R2 5679
R1 5662
PIVOT 5631
S1 5614
S2 5583
S3 5566
Nifty Spot-Trading Strategy
H6 5693 Trgt 2
H5 5682 Trgt 1
H4 5671 Long breakout
H3 5658 Go Short
H2 5653
H1 5649
L1 5640
L2 5636
L3 5631 Long
L4 5618 Short Breakout
L5 5607 Trgt 1
L6 5596 Trgt 2
Nifty(Nov Fut)-Levels & Trading Strategy for 02-11-2012
Nifty(Nov Fut)-Levels
R3 5753
R2 5718
R1 5697
PIVOT 5662
S1 5641
S2 5606
S3 5585
Nifty(Nov Fut)-Trading Strategy
H6 5732 Trgt 2
H5 5719 Trgt 1
H4 5706 Long breakout
H3 5691 Go Short
H2 5686
H1 5681
L1 5670
L2 5665
L3 5660 Long
L4 5645 Short Breakout
L5 5632 Trgt 1
L6 5619 Trgt 2
Bank Nifty(Nov Fut)-Levels & Trading Strategy for 02-11-2012
R3 11546
R2 11482
R1 11433
PIVOT 11369
S1 11320
S2 11256
S3 11207
Bank Nifty(Nov Fut)-Trading Strategy
H6 11497 Trgt 2
H5 11471 Trgt 1
H4 11446 Long breakout
H3 11415 Go Short
H2 11404
H1 11394
L1 11373
L2 11363
L3 11352 Long
L4 11321 Short Breakout
L5 11296 Trgt 1
L6 11270 Trgt 2
Pre-Closing Outlook(01-11-2012)
Breaking down of 24 sessions trading range after RBI Credit Policy led forceful down moves below 5639 on 30-10-2012 and then 10 Hours trading with selling patterns between 5583-5624 in last 2 sessions. For break down confirmations Following lines were told on 30-10-2012
firstly break down validity confirmation is required through following 2 filters:-
1- 3 Days sustaining below Neckline and/or
2- Slipping 3% below Neckline.
Firstly intraday consolidations today and after that trading above Neckline(5634) but sustaining above 5634/5639 is must because that will be confirmation of false break down on 30-10-2012.
firstly break down validity confirmation is required through following 2 filters:-
1- 3 Days sustaining below Neckline and/or
2- Slipping 3% below Neckline.
Firstly intraday consolidations today and after that trading above Neckline(5634) but sustaining above 5634/5639 is must because that will be confirmation of false break down on 30-10-2012.
Mid-session Outlook-2(01-11-2012)
Last more than 2 hours trading above 5625 with consolidation patterns and after that trading above 5639 today. Let Nifty sustains above 5639 then that will be confirmation of false break down on 30-10-20
Mid-session Outlook(01-11-2012)
10 Hours trading between 5583-5624 in last 2 sessions and today also first 2 hours trading within this range between 5601-5621.
More than 12 hours continuous trading between 5583-5624 in 3 sessions and sustaining beyond this range will give following conclusions:-
1- Sustaining below 5583 will validate 24 sessions breaking down below 5639 on 30-10-2012 and then far deeper correction will be seen.
2- Firstly sustaining above 5624 and after that sustaining above 5639 will mean false breaking down below 5639 on 30-10-2012 and reentering into previous 24 sessions range(5639-5733)
As sufficient selling formations between 5583-5624 in last 2 sessions therefore high possibility of sustaining below 5583 but above mentioned moves technical confirmation is must through sustaining beyond 5583-5624.
More than 12 hours continuous trading between 5583-5624 in 3 sessions and sustaining beyond this range will give following conclusions:-
1- Sustaining below 5583 will validate 24 sessions breaking down below 5639 on 30-10-2012 and then far deeper correction will be seen.
2- Firstly sustaining above 5624 and after that sustaining above 5639 will mean false breaking down below 5639 on 30-10-2012 and reentering into previous 24 sessions range(5639-5733)
As sufficient selling formations between 5583-5624 in last 2 sessions therefore high possibility of sustaining below 5583 but above mentioned moves technical confirmation is must through sustaining beyond 5583-5624.
Correction continuation
Nifty-Intra Day Chart (30-Oct-2012):-
Nifty-Intra Day Chart (31-Oct-2012):-
Technical Patterns and Formations in above 2 intraday charts
1- Last more than 4 hours trading between 5590-5615 with higher levels intraday selling patterns on 30-10-2012.
2- Whole day trading between 5583-5624 on 31-10-2012.
3- Last 2 hours trading with Bearish Rising Wedge formation on 31-10-2012.
4- Whole day intraday selling patterns formation on 31-10-2012 despite closing near day's high.
4- More than 10 hours trading between 5583-5624 in last 2 sessions with intraday selling patterns formations.
Although Indian markets closed near the highs of the day with Green closing today but sufficient selling formations between 5583-5624 in last 2 sessions therefore high possibility of sustaining below the lowest(5583) of above mentioned 10 hours trading range.
Expected that finally NIfty will sustain below 5583 and on going correction will remain continued in the coming sessions.
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| Just click on chart for its enlarged view |
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| Just click on chart for its enlarged view |
1- Last more than 4 hours trading between 5590-5615 with higher levels intraday selling patterns on 30-10-2012.
2- Whole day trading between 5583-5624 on 31-10-2012.
3- Last 2 hours trading with Bearish Rising Wedge formation on 31-10-2012.
4- Whole day intraday selling patterns formation on 31-10-2012 despite closing near day's high.
4- More than 10 hours trading between 5583-5624 in last 2 sessions with intraday selling patterns formations.
Conclusions from intra day charts analysis
Although Indian markets closed near the highs of the day with Green closing today but sufficient selling formations between 5583-5624 in last 2 sessions therefore high possibility of sustaining below the lowest(5583) of above mentioned 10 hours trading range.
Expected that finally NIfty will sustain below 5583 and on going correction will remain continued in the coming sessions.
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