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ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Technical Analysis and Market Outlook(01-01-2013)
Nifty-Intra Day Chart (31-Dec-2012):-
Technical Patterns and Formations in today intraday charts
1- Most time trading between 5898-5910.
2- Lower levels support between 5898-5902.
3- First more than 3 hours consolidation patterns.
4- Minor selling in last hour.
5- Whole day actual trading between 5898-5915.
Long Term Trend is up,Intermediate and Short Term Trends are sideways for the last 20 Sessions between 5823-5965. Technical positions within this range are as follows:-
1- Supports between 5823-5865
2- Resistances between 5904-5965
Most of the time narrow range quiet trading within 12 points between 5898-5910 today with most of the time intraday consolidation patterns. Although Nifty slipped to intraday lowest levels in last minutes but good consolidation seen between 20 Sessions resistance range today therefore up moves hopes turned alive. As strong resistances above today trading range therefore follow up consolidation is also required tomorrow and in the coming sessions for valid break out above 5965.
Expected that finally rally above 5965 will be seen after follow up consolidation and Indian markets will be positive after Green opening tomorrow.
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| Just click on chart for its enlarged view |
1- Most time trading between 5898-5910.
2- Lower levels support between 5898-5902.
3- First more than 3 hours consolidation patterns.
4- Minor selling in last hour.
5- Whole day actual trading between 5898-5915.
Conclusions from intra day chart analysis
Long Term Trend is up,Intermediate and Short Term Trends are sideways for the last 20 Sessions between 5823-5965. Technical positions within this range are as follows:-
1- Supports between 5823-5865
2- Resistances between 5904-5965
Most of the time narrow range quiet trading within 12 points between 5898-5910 today with most of the time intraday consolidation patterns. Although Nifty slipped to intraday lowest levels in last minutes but good consolidation seen between 20 Sessions resistance range today therefore up moves hopes turned alive. As strong resistances above today trading range therefore follow up consolidation is also required tomorrow and in the coming sessions for valid break out above 5965.
Expected that finally rally above 5965 will be seen after follow up consolidation and Indian markets will be positive after Green opening tomorrow.
Indian Stock Markets Closing Reports(31-Dec-2012)
1- Benchmark Indices closed flat with minor loss.
2- Midcap and Smallcap closed with sufficient gains.
3- Doji Candle formation.
Ratios
Index Options Put Call Ratio: 1.07
Total Options Put Call Ratio: 0.99
Nifty P/E Ratio(31-Dec-2012):18.44
Advances & Declines
BSE Advances : 1,563
BSE Declines : 1,317
NSE Advances : 964
NSE Declines : 747
Nifty Open Interest Changed Today
Nifty- 5800 CE(Jan)- 13,900(1.23%)
Nifty- 5800 PE(Jan)- 457,800(9.57%)
Nifty- 5900 CE(Jan)- 113,950(4.16%)
Nifty- 5900 PE(Jan)- 232,950(6.29%)
Nifty- 6000 CE(Jan)- 471,250(9.36%)
Nifty- 6000 PE(Jan)- 157,900(6.73%)
Nifty- 6100 CE(Jan)- 600,800(16.02%)
Nifty- 6100 PE(Jan)- 17,050(2.87%)
Closing
Sensex- closed at 19,426.71(-18.13 Points & -0.09%)
Nifty- closed at 5,905.10(-3.25 Points & -0.06%)
CNX Midcap - closed at 8,505.10(36.65 Points & 0.43%)
CNX Smallcap- closed at 3,710.15(25.05 Points & 0.68%)
FII & DII trading activity in Capital Market Segment on 31-Dec-2012
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Nifty Spot-Levels & Trading Strategy for 01-01-2013
R3 5939
R2 5929
R1 5917
Avg 5907
S1 5895
S2 5885
S3 5873
Nifty Spot-Trading Strategy
H6 5927 Trgt 2
H5 5922 Trgt 1
H4 5917 Long breakout
H3 5911 Go Short
H2 5909
H1 5907
L1 5902
L2 5900
L3 5898 Long
L4 5892 Short Breakout
L5 5887 Trgt 1
L6 5882 Trgt 2
Nifty(Jan Fut)-Levels & Trading Strategy for 01-01-2013
R3 6009
R2 5994
R1 5972
Avg 5957
S1 5935
S2 5920
S3 5898
Nifty(Jan Fut)-Trading Strategy
H6 5988 Trgt 2
H5 5979 Trgt 1
H4 5971 Long breakout
H3 5961 Go Short
H2 5957
H1 5954
L1 5947
L2 5944
L3 5940 Long
L4 5930 Short Breakout
L5 5922 Trgt 1
L6 5913 Trgt 2
Bank Nifty(Jan Fut)-Levels & Trading Strategy for 01-01-2013
R3 12702
R2 12658
R1 12617
Avg 12573
S1 12532
S2 12488
S3 12447
Bank Nifty(Jan Fut)-Trading Strategy
H6 12661 Trgt 2
H5 12642 Trgt 1
H4 12622 Long breakout
H3 12599 Go Short
H2 12591
H1 12583
L1 12568
L2 12560
L3 12552 Long
L4 12529 Short Breakout
L5 12509 Trgt 1
L6 12490 Trgt 2
CRUDEOIL-JAN Fut-Positional-Sold on 27-Dec-2012-Covering
CRUDEOIL-JAN Fut-Positional-Sold on 27-Dec-2012-Cover and book profit immediately-CMP-4985
Just click following topic link for verification of original call
CRUDEOIL-JAN Fut-Selling Trade
Just click following topic link for verification of original call
CRUDEOIL-JAN Fut-Selling Trade
Pre-Closing Outlook(31-12-2012)
Although most of the time narrow range quiet trading within 12 points between 5898-5910 with intraday consolidation patterns but intraday volatility after 02:30 PM and also slipping from higher levels as well as again trading within previous range(5898-5910). As some selling patterns also seen after 02:30 PM after previous consolidations therefore mixed intraday patterns and valid break out of today trading range(5898-5919) should be firstly watched tomorrow for next moves confirmations.
Post-open Outlook(31-12-2012)
Last 3 hours narrow range quiet trading within 12 points between 5898-5910 with intraday consolidation patterns and valid break out of following levels should be firstly watched for:-
1- 5917 for next up moves strong indication.
2- 5965 for next rally confirmation.
As consolidation going on therefore Nifty may slip without force and support getting near about next support(5880) should also be watched for supports getting confirmations.
1- 5917 for next up moves strong indication.
2- 5965 for next rally confirmation.
As consolidation going on therefore Nifty may slip without force and support getting near about next support(5880) should also be watched for supports getting confirmations.
Bulls will Welcome in 2013
Nifty-Monthly Chart (28-Dec-2012):-
Technical Patterns and Formations in Monthly charts
1- 6357.10 on 08-01-2008(All time high)
2- 2252.75 on 27-10-2008(Correction completion)
3- Impulsive Wave-1(6338.50 on 05-11-2010)
4- Corrective Wave-2(4531.15 on 20-12-2011(Rally beginning after 13 Months correction completion)
5- Impulsive Wave-3 is on
Corrective Wave-2 completed at 4531.15 on 20-12-2011 and we told following line at 01:58 AM on 22-12-2011:-
Just click following topic link and verify our above statement on yours own as well as understand technical reasons of 2012 rally:-
When Indian markets were most Bearish after 13 months correction then we told more than 50 times for strong rally with technical reasons in Dec 2011 and Jan 2012.. Analysts may visit Archive of our Blog and understand technical reasons of 2012 rally. Impulsive Wave-3 is on and its strong up moves possibilities have also been updated one year before in following topic on 03-12-2011
Although new historical highs could not be formed in 2012 but impulsive Wave-3 is on and Indian markets are Bullish. Expected that blasting impulsive Wave-5 rally will also be seen in 2013 and:-
1- Fast rally will be seen toward all time high in 2013.
2- Those higher levels will be also seen in 2013 which were considered in Jan 2008 and Jan 2011.
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| Just click on chart for its enlarged view |
1- 6357.10 on 08-01-2008(All time high)
2- 2252.75 on 27-10-2008(Correction completion)
3- Impulsive Wave-1(6338.50 on 05-11-2010)
4- Corrective Wave-2(4531.15 on 20-12-2011(Rally beginning after 13 Months correction completion)
5- Impulsive Wave-3 is on
Conclusions from EOD chart analysis
Corrective Wave-2 completed at 4531.15 on 20-12-2011 and we told following line at 01:58 AM on 22-12-2011:-
2012 will prove Bullish year after all corrections completion in 2011
Just click following topic link and verify our above statement on yours own as well as understand technical reasons of 2012 rally:-
When Indian markets were most Bearish after 13 months correction then we told more than 50 times for strong rally with technical reasons in Dec 2011 and Jan 2012.. Analysts may visit Archive of our Blog and understand technical reasons of 2012 rally. Impulsive Wave-3 is on and its strong up moves possibilities have also been updated one year before in following topic on 03-12-2011
Although new historical highs could not be formed in 2012 but impulsive Wave-3 is on and Indian markets are Bullish. Expected that blasting impulsive Wave-5 rally will also be seen in 2013 and:-
1- Fast rally will be seen toward all time high in 2013.
2- Those higher levels will be also seen in 2013 which were considered in Jan 2008 and Jan 2011.
Live Proofs of our Accurate Levels
1- Post-open Outlook- "next up moves also can not be ruled out but firstly sustaining beyond 5904-5917 should be watched for next moves confirmations"
2- Mid-session Outlook- "Next first up move will be considered above 5917"
3- Pre-Closing Outlook- "sustaining beyond 5865-5917 will be firstly watched for next next trend first indication"
Up moves seen as per our expectation and also Nifty could not move above 5917 according to our given condition of sustaining above 5917.
Today highest of NIFTY was at 5915.75.
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Such proofs were produced yesterday also in following topic link.Just click and verify on yours own:-
FII & DII trading activity in Capital Market Segment on 28-Dec-2012
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Indian Stock Markets Closing Reports(28-Dec-2012)
1- All Indices closed in Green except CNX PHARMA and CNX REALTY.
2- Whole day positive trading after Green opening.
3- White Candle formations.
Ratios
Index Options Put Call Ratio: 1.16
Total Options Put Call Ratio: 1.07
Nifty P/E Ratio(28-Dec-2012): 18.42
Advances & Declines
BSE Advances : 1,472
BSE Declines : 1,403
NSE Advances : 731
NSE Declines : 691
Nifty Open Interest Changed Today
Nifty- 5800 CE(Jan)- 49,500(-4.11%)
Nifty- 5800 PE(Jan)- 971,350(24.47%)
Nifty- 5900 CE(Jan)- 153,650(5.80%)
Nifty- 5900 PE(Jan)- 836,300(28.49%)
Nifty- 6000 CE(Jan)- 405,650(8.70%)
Nifty- 6000 PE(Jan)- 180,500(8.08%)
Nifty- 6100 CE(Jan)- 849,900(29.31%)
Nifty- 6100 PE(Jan)- 41,050(7.16%)
Closing
Sensex- closed at 19,444.84(121.04 Points & 0.63%)
Nifty- closed at 5,908.35(38.25 Points & 0.65%)
CNX Midcap - closed at 8,468.45(72.95 Points & 0.87%)
CNX Smallcap- closed at 3,685.10(9.55 Points & 0.26%)
Nifty Spot-Levels & Trading Strategy for 31-12-2012
R3 5958
R2 5936
R1 5922
Avg 5900
S1 5886
S2 5864
S3 5850
Nifty Spot-Trading Strategy
H6 5944 Trgt 2
H5 5935 Trgt 1
H4 5927 Long breakout
H3 5917 Go Short
H2 5914
H1 5911
L1 5904
L2 5901
L3 5898 Long
L4 5888 Short Breakout
L5 5880 Trgt 1
L6 5871 Trgt 2
Nifty(Jan Fut)-Levels & Trading Strategy for 31-12-2012
R3 5996
R2 5978
R1 5966
Avg 5948
S1 5936
S2 5918
S3 5906
Nifty(Jan Fut)-Trading Strategy
H6 5984 Trgt 2
H5 5977 Trgt 1
H4 5970 Long breakout
H3 5962 Go Short
H2 5959
H1 5956
L1 5951
L2 5948
L3 5945 Long
L4 5937 Short Breakout
L5 5930 Trgt 1
L6 5923 Trgt 2
Bank Nifty(Jan Fut)-Levels & Trading Strategy for 31-12-2012
R3 12706
R2 12654
R1 12611
Avg 12559
S1 12516
S2 12464
S3 12421
Bank Nifty(Jan Fut)-Trading Strategy
H6 12663 Trgt 2
H5 12641 Trgt 1
H4 12620 Long breakout
H3 12594 Go Short
H2 12585
H1 12576
L1 12559
L2 12550
L3 12541 Long
L4 12515 Short Breakout
L5 12494 Trgt 1
L6 12472 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Dec 31 2012 to Jan 04,2013)
R3 6030
R2 5980
R1 5944
Avg 5894
S1 5858
S2 5808
S3 5772
Nifty Spot-Weekly Trading Strategy
H6 5994 Trgt 2
H5 5975 Trgt 1
H4 5955 Long breakout
H3 5931 Go Short
H2 5923
H1 5915
L1 5900
L2 5892
L3 5884 Long
L4 5860 Short Breakout
L5 5840 Trgt 1
L6 5821 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Dec 31 2012 to Jan 04,2013)
R3 12824
R2 12674
R1 12566
Avg 12416
S1 12308
S2 12158
S3 12050
Bank Nifty Spot-Weekly Trading Strategy
H6 12720 Trgt 2
H5 12659 Trgt 1
H4 12599 Long breakout
H3 12528 Go Short
H2 12505
H1 12481
L1 12434
L2 12410
L3 12387 Long
L4 12316 Short Breakout
L5 12256 Trgt 1
L6 12195 Trgt 2
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