ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
FII & DII trading activity in Capital Market Segment on 04-Dec-2012
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Indian Stock Markets Closing Reports(04-Dec-2012)
1- Benchmark Indices closed in Green with nominal gains.
2- All Indices closed in Green except CNX AUTO,CNX IT and CNX MNC.
3- White Candle formation.
Ratios
Nifty Put Call Ratio: 0.81
Nifty P/E Ratio(04-Dec-2012): 18.34
Advances & Declines
BSE Advances : 1,599
BSE Declines : 1,344
NSE Advances : 1,006
NSE Declines : 801
Nifty Open Interest Changed Today
Nifty- 5700 CE(Dec)- -23,900(-1.07%)
Nifty- 5700 PE(Dec)- 221,500(3.84%)
Nifty- 5800 CE(Dec)- -175,950(-4.94%)
Nifty- 5800 PE(Dec)- 137,850(2.42%)
Nifty- 5900 CE(Dec)- 276,700(6.30%)
Nifty- 5900 PE(Dec)- 464,200(14.85%)
Nifty- 6000 CE(Dec)- 834,800(11.29%)
Nifty- 6000 PE(Dec)- 82,750(4.42%)
Closing
Sensex- closed at 19,348.12(42.80 Points & 0.22%)
Nifty- closed at 5,889.25(18.30 Points & 0.31%)
CNX Midcap - closed at 8,290.95(62.30 Points & .76%)
CNX Smallcap- closed at 3,678.75(0.95 Points & 0.03%)
Nifty Spot-Levels & Trading Strategy for 05-12-2012
R3 5937
R2 5915
R1 5902
Avg 5880
S1 5867
S2 5845
S3 5832
Nifty Spot-Trading Strategy
H6 5924 Trgt 2
H5 5916 Trgt 1
H4 5908 Long breakout
H3 5898 Go Short
H2 5895
H1 5892
L1 5885
L2 5882
L3 5879 Long
L4 5869 Short Breakout
L5 5861 Trgt 1
L6 5853 Trgt 2
Nifty(Dec Fut)-Levels & Trading Strategy for 05-12-2012
R3 5972
R2 5950
R1 5936
Avg 5914
S1 5900
S2 5878
S3 5864
Nifty(Dec Fut)-Trading Strategy
H6 5959 Trgt 2
H5 5951 Trgt 1
H4 5942 Long breakout
H3 5932 Go Short
H2 5929
H1 5926
L1 5919
L2 5916
L3 5913 Long
L4 5903 Short Breakout
L5 5895 Trgt 1
L6 5886 Trgt 2
Bank Nifty(Dec Fut)-Levels & Trading Strategy for 05-12-2012
R3 12504
R2 12397
R1 12333
Avg 12226
S1 12162
S2 12055
S3 11991
Bank Nifty(Dec Fut)-Trading Strategy
H6 12442 Trgt 2
H5 12402 Trgt 1
H4 12363 Long breakout
H3 12316 Go Short
H2 12300
H1 12284
L1 12253
L2 12237
L3 12221 Long
L4 12174 Short Breakout
L5 12135 Trgt 1
L6 12095 Trgt 2
Pre-Closing Outlook(04-12-2012)
More than 14 hours trading in 3 sessions between 5852-5898 with:-
1- support between 5829-5848 on 30-11-2012.
2- support between 5860-5871 today.
1- Selling between 5890-5898 yesterday.
2- Selling between 5884-5876 today.
44 Sessions sideways trading range( 5549-5815) broken out on 28-11-2012 but follow up consolidation is must for sustaining above 5815. As higher levels selling therefore consolidation is must for any up moves above 5900 and its signals also seen at lower levels today. As down moves seen after above mentioned higher levels selling therefore:-
1- Today intraday lowest(5860) should be firstly watched for correction continuation/completion confirmation.
2- Above mentioned support(5829) should be finally watched for correction continuation/completion confirmation.
Indian markets may be volatile according to news flow from Parliament therefore valid break out of 5815-5900 should be watched for next decisive trend confirmation.
1- support between 5829-5848 on 30-11-2012.
2- support between 5860-5871 today.
1- Selling between 5890-5898 yesterday.
2- Selling between 5884-5876 today.
44 Sessions sideways trading range( 5549-5815) broken out on 28-11-2012 but follow up consolidation is must for sustaining above 5815. As higher levels selling therefore consolidation is must for any up moves above 5900 and its signals also seen at lower levels today. As down moves seen after above mentioned higher levels selling therefore:-
1- Today intraday lowest(5860) should be firstly watched for correction continuation/completion confirmation.
2- Above mentioned support(5829) should be finally watched for correction continuation/completion confirmation.
Indian markets may be volatile according to news flow from Parliament therefore valid break out of 5815-5900 should be watched for next decisive trend confirmation.
Technical Analysis and Market Outlook(04-12-2012)
Nifty-Intra Day Chart (01-Dec-2012):-
Technical Patterns and Formations in today intraday charts
1- Selling between 5890-5898
2- Mixed Patterns between 5856-5862
3- Whole day actual trading between 5856-5898
All trends are up and 44 Sessions sideways trading range( 5549-5815) broken out in previous week after 350 points forceful rally in 10 sessions. As such blasting rally in previous weeks therefore minimum very short term correction was due and it signals were seen through quiet sideways market yesterday.
Firstly selling between 5890-5898 and after that sideways trading with mixed intraday patterns between 5856-5882 seen yesterday. Follow up confirm buying/selling today between 5856-5882 will start following next moves:-
1- Rally continuation without any deep correction above 5882 or
2- Correction of previous week rally below 5856 and then sustaining beyond 5815 will also decide the fate of 44 sessions sideways market between 5549-5815.
Sustaining beyond following ranges should be firstly watched today for next sustained moves:-
1- For 1st signal: 5856-5882
2- For confirmation: 5815-5900
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| Just click on chart for its enlarged view |
1- Selling between 5890-5898
2- Mixed Patterns between 5856-5862
3- Whole day actual trading between 5856-5898
Conclusions from intra day chart analysis
All trends are up and 44 Sessions sideways trading range( 5549-5815) broken out in previous week after 350 points forceful rally in 10 sessions. As such blasting rally in previous weeks therefore minimum very short term correction was due and it signals were seen through quiet sideways market yesterday.
Firstly selling between 5890-5898 and after that sideways trading with mixed intraday patterns between 5856-5882 seen yesterday. Follow up confirm buying/selling today between 5856-5882 will start following next moves:-
1- Rally continuation without any deep correction above 5882 or
2- Correction of previous week rally below 5856 and then sustaining beyond 5815 will also decide the fate of 44 sessions sideways market between 5549-5815.
Sustaining beyond following ranges should be firstly watched today for next sustained moves:-
1- For 1st signal: 5856-5882
2- For confirmation: 5815-5900
FII & DII trading activity in Capital Market Segment on 03-Dec-2012
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Indian Stock Markets Closing Reports(03-Dec-2012)
1- Benchmark Indices closed in Red.
2- Broad based Indices closed in Green.
3- Doji Candle formation.
Ratios
Nifty Put Call Ratio: 0.97
Nifty P/E Ratio(03-Dec-2012): 18.32
Advances & Declines
BSE Advances : 1,645
BSE Declines : 1,273
NSE Advances : 1,117
NSE Declines : 683
Nifty Open Interest Changed Today
Nifty- 5700 CE(Dec)- -128,050(-5.43%)
Nifty- 5700 PE(Dec)- 364,550(6.74%)
Nifty- 5800 CE(Dec)- -250(-0.01%)
Nifty- 5800 PE(Dec)- 726,400(14.61%)
Nifty- 5900 CE(Dec)- 255,550(6.18%)
Nifty- 5900 PE(Dec)- 352,050(12.69%)
Nifty- 6000 CE(Dec)- 829,100(12.63%)
Nifty- 6000 PE(Dec)- 22,550(1.22%)
Closing
Sensex- closed at 19,305.32(-34.58 Points & -0.18%)
Nifty- closed at 5,870.95(-8.90 Points & -0.15%)
CNX Midcap - closed at 8,228.65(88.85 Points & 1.09%)
CNX Smallcap- closed at 3,677.80(39.20 Points & 1.08%)
Nifty Spot-Levels & Trading Strategy for 04-12-2012
R3 5939
R2 5919
R1 5894
Avg 5874
S1 5849
S2 5829
S3 5804
Nifty Spot-Trading Strategy
H6 5915 Trgt 2
H5 5904 Trgt 1
H4 5894 Long breakout
H3 5882 Go Short
H2 5878
H1 5874
L1 5865
L2 5861
L3 5857 Long
L4 5845 Short Breakout
L5 5835 Trgt 1
L6 5824 Trgt 2
Nifty(Dec Fut)-Levels & Trading Strategy for 04-12-2012
R3 5978
R2 5955
R1 5933
Avg 5910
S1 5888
S2 5865
S3 5843
Nifty(Dec Fut)-Trading Strategy
H6 5956 Trgt 2
H5 5945 Trgt 1
H4 5935 Long breakout
H3 5923 Go Short
H2 5919
H1 5915
L1 5906
L2 5902
L3 5898 Long
L4 5886 Short Breakout
L5 5876 Trgt 1
L6 5865 Trgt 2
Bank Nifty(Dec Fut)-Levels & Trading Strategy for 04-12-2012
R3 12746
R2 12483
R1 12331
Avg 12068
S1 11916
S2 11653
S3 11501
Bank Nifty(Dec Fut)-Trading Strategy
H6 12607 Trgt 2
H5 12507 Trgt 1
H4 12407 Long breakout
H3 12293 Go Short
H2 12255
H1 12217
L1 12140
L2 12102
L3 12064 Long
L4 11950 Short Breakout
L5 11850 Trgt 1
L6 11750 Trgt 2
Pre-Closing Outlook(03-12-2012)
Detailed analysis has already been updated in 3 previous Outlooks and only following change in 1st signal range:-
1- For 1st signal: 5856-5882
1- For 1st signal: 5856-5882
Mid-session Outlook(03-12-2012)
Quiet sideways market today after previous week blasting rally,firstly profit booking and after that sideways trading between 5861-5882. All trends are up after previous week strong rally but very short term indicators are overbought therefore small correction is due and being seen today.
Follow up confirm buying/selling today and tomorrow will give confirmation to:-
1- Rally continuation without any deep correction or
2- Correction of previous week rally and then sustaining beyond 5815 will also decide the fate of 44 sessions sideways market between 5549-5815.
Sustaining beyond following ranges should be firstly watched:-
1- For 1st signal: 5861-5882
2- For confirmation: 5827-5900
Follow up confirm buying/selling today and tomorrow will give confirmation to:-
1- Rally continuation without any deep correction or
2- Correction of previous week rally and then sustaining beyond 5815 will also decide the fate of 44 sessions sideways market between 5549-5815.
Sustaining beyond following ranges should be firstly watched:-
1- For 1st signal: 5861-5882
2- For confirmation: 5827-5900
Post-open Outlook(03-12-2012)
Profit booking signals emerging today and sustaining beyond last Friday trading range(5827-5884) should be firstly watched for:-
1- Previous week rally continuation or
2- Short term correction of Previous week rally.
1- Previous week rally continuation or
2- Short term correction of Previous week rally.
Technical Analysis,Research & Weekly Outlook(Dec 03 to Dec 07,2012)
Nifty-EOD Chart (30-Nov-2012):-
Technical Patterns and Formations in EOD charts
1- 6335.90 on 08-11-2010(Long term correction begun).
2- 4531.15 on 20-12-2011(Rally beginning after 13 Months correction completion).
3- Wave-1 completion(5629.95 on 22-02-2012).
4- Wave-2 completion(4770.35 on 04-06-2012).
5- Wave-3 completion(5815.35 on 05-10-2012).
6- Wave-4 (Bottom formation at 5549).
7- 44 Sessions sideways correction between 5549-5815 with Bullish Flag formation.
8- 44 Sessions sideways trading range break out on 29-11-2012.
9- Wave-5 formation but its confirmation is required yet.
Conclusions from EOD chart analysis
Although Wave-5 formation and 44 Sessions sideways trading range(5549-5815) break out on 29-11-2012 but validity confirmation is required yet through:-
1- 3 Days sustaining above 5815.
2- Minimum 3% up moves from the highest((5815) of the previous 44 Sessions trading range.
Nifty-Intra Day Chart (30-Nov-2012):-
Technical Patterns and Formations in today intraday charts
1- Whole day without force up moves.
2- Whole day actual trading between 5827-5884
Conclusions from intra day chart analysis
Although Whole day without force up moves but with intraday corrections therefore no hurdle for next up moves and only more consolidation is required for next rally above 5884.
As Bullish Flag formation confirmations therefore following Bullish views were posted on 24-11-2012 in "Bullish Flag formation confirming strong Wave-5 Rally"
44 Sessions sideways trading range break out in previous week and its validity confirmation is required yet.Let it happen in the coming couple of sessions then more than 7% rally will be seen in the coming weeks.
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| Just click on chart for its enlarged view |
1- 6335.90 on 08-11-2010(Long term correction begun).
2- 4531.15 on 20-12-2011(Rally beginning after 13 Months correction completion).
3- Wave-1 completion(5629.95 on 22-02-2012).
4- Wave-2 completion(4770.35 on 04-06-2012).
5- Wave-3 completion(5815.35 on 05-10-2012).
6- Wave-4 (Bottom formation at 5549).
7- 44 Sessions sideways correction between 5549-5815 with Bullish Flag formation.
8- 44 Sessions sideways trading range break out on 29-11-2012.
9- Wave-5 formation but its confirmation is required yet.
Conclusions from EOD chart analysis
Although Wave-5 formation and 44 Sessions sideways trading range(5549-5815) break out on 29-11-2012 but validity confirmation is required yet through:-
1- 3 Days sustaining above 5815.
2- Minimum 3% up moves from the highest((5815) of the previous 44 Sessions trading range.
Nifty-Intra Day Chart (30-Nov-2012):-
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| Just click on chart for its enlarged view |
1- Whole day without force up moves.
2- Whole day actual trading between 5827-5884
Conclusions from intra day chart analysis
Although Whole day without force up moves but with intraday corrections therefore no hurdle for next up moves and only more consolidation is required for next rally above 5884.
Conclusions (After Putting All Studies Together)
As Bullish Flag formation confirmations therefore following Bullish views were posted on 24-11-2012 in "Bullish Flag formation confirming strong Wave-5 Rally"
strong and blasting up moves will be seen without much deeper correction.
Above Bullish market was projected well before the beginning of strong 279 Nifty points rally in previous week.
FII & DII trading activity in Capital Market Segment on 30-Nov-2012
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Indian Stock Markets Closing Reports(30-Nov-2012)
1- Benchmark Indices cloed in Green.
2- 2nd consecutive closing above 44 sideways sessions range.
3- White Candle formation.
Ratios
Nifty Put Call Ratio: 0.97
Nifty P/E Ratio(30-Nov-2012): 18.33
Advances & Declines
BSE Advances : 1,681
BSE Declines : 1,297
NSE Advances : 1,131
NSE Declines : 675
Nifty Open Interest Changed Today
Nifty- 5700 CE(Dec)- -25,500(-1.07%)
Nifty- 5700 PE(Dec)- 646,600(13.59%)
Nifty- 5800 CE(Dec)- -67,500(-1.86%)
Nifty- 5800 PE(Dec)- 1,081,750(27.81%)
Nifty- 5900 CE(Dec)- 457,200(12.43%)
Nifty- 5900 PE(Dec)- 1,214,600(77.87%)
Nifty- 6000 CE(Dec)- 533,800(8.85%)
Nifty- 6000 PE(Dec)- 417,000(29.08%)
Closing
Sensex- closed at 19,339.90(168.99 Points & 0.88%)
Nifty- closed at 5,879.85(54.85 Points & 0.94%)
CNX Midcap - closed at 8,139.80(99.70 Points & 1.24%)
CNX Smallcap- closed at 3,638.60(33.20 Points & 0.92%)
Nifty Spot-Levels & Trading Strategy for 03-12-2012
R3 5958
R2 5921
R1 5900
Avg 5863
S1 5842
S2 5805
S3 5784
Nifty Spot-Trading Strategy
H6 5937 Trgt 2
H5 5923 Trgt 1
H4 5910 Long breakout
H3 5894 Go Short
H2 5889
H1 5884
L1 5873
L2 5868
L3 5863 Long
L4 5847 Short Breakout
L5 5833 Trgt 1
L6 5820 Trgt 2
Nifty(Dec Fut)-Levels & Trading Strategy for 03-12-2012
R3 5992
R2 5959
R1 5934
Avg 5901
S1 5876
S2 5843
S3 5818
Nifty(Dec Fut)-Trading Strategy
H6 5967 Trgt 2
H5 5953 Trgt 1
H4 5940 Long breakout
H3 5924 Go Short
H2 5919
H1 5914
L1 5903
L2 5898
L3 5893 Long
L4 5877 Short Breakout
L5 5863 Trgt 1
L6 5850 Trgt 2
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