FII Trading Data in Derivatives Segment on 07-Jan-2013

FII & DII trading activity in Capital Market Segment on 07-Jan-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 07-Jan-2013 3132.9 2169.85 963.05

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 07-Jan-2013 935.63 1836.79 -901.16

Indian Stock Markets Closing Reports(07-Jan-2013)

Main features of today trading are as follows

1- Benchmark Indices closed in Red.
2- Midcap and Smallcap closed in Green.
3- Engulfing Bearish candle formation.

Ratios

Index Options Put Call Ratio: 0.95
Total Options Put Call Ratio: 0.87
Nifty P/E Ratio(07-Jan-2013):18.81

Advances & Declines

BSE Advances : 1,618
BSE Declines : 1,319
NSE Advances :   788
NSE Declines :   667

Nifty Open Interest Changed Today

Nifty- 5800 CE(Jan)- 12,800(1.23%)
Nifty- 5800 PE(Jan)- -64,000(-1.00%)

Nifty- 5900 CE(Jan)- 49,600(2.20%)
Nifty- 5900 PE(Jan)- 462,800(7.98%)

Nifty- 6000 CE(Jan)- 208,750(4.43%)
Nifty- 6000 PE(Jan)- 126,600(2.84%)

Nifty- 6100 CE(Jan)- 659,150(13.14%)
Nifty- 6100 PE(Jan)- -9,250(-0.52%)

Closing 

Sensex- closed at 19,691.42(-92.66 Points & -0.47%)
Nifty- closed at 5,988.40(-27.75 Points & -0.46%)
CNX Midcap - closed at 8,768.05(21.10 Points & 0.24%)
CNX Smallcap- closed at 3,888.70(9.30 Points & 0.24%)

Nifty Spot-Levels & Trading Strategy for 08-01-2013

Nifty Spot-Levels

R3 6092

R2 6067

R1 6027

Avg 6002

S1 5962

S2 5937

S3 5897

Nifty Spot-Trading Strategy

H6 6053     Trgt 2 

H5 6038     Trgt 1

H4 6023     Long breakout 

H3 6005     Go Short 

H2 5999

H1 5993

L1 5982

L2 5976

L3 5970     Long 

L4 5952     Short Breakout 

L5 5937     Trgt 1 

L6 5922     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 08-01-2013

Nifty(Jan Fut)-Levels

R3 6096

R2 6077

R1 6050

Avg 6031

S1 6004

S2 5985

S3 5958

Nifty(Jan Fut)-Trading Strategy

H6 6069     Trgt 2 

H5 6058     Trgt 1

H4 6048     Long breakout 

H3 6035     Go Short 

H2 6031

H1 6027

L1 6018

L2 6014

L3 6010     Long 

L4 5997     Short Breakout 

L5 5987     Trgt 1 

L6 5976     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 08-01-2013

Bank Nifty(Jan Fut)-Levels

R3 13016
R2 12962
R1 12879
Avg 12825
S1 12742
S2 12688
S3 12605

Bank Nifty(Jan Fut)-Trading Strategy

H6 12933     Trgt 2
H5 12902     Trgt 1
H4 12871     Long breakout
H3 12833     Go Short
H2 12821
H1 12808
L1 12783
L2 12770
L3 12758     Long
L4 12720     Short Breakout
L5 12689     Trgt 1
L6 12658     Trgt 2

Pre-Closing Outlook(07-01-2013)

profit booking possibility was told today at 10:40 AM in Post-open Outlook(07-01-2013) when Indian markets were in Green after gap up opening and Nifty traded more than 35 points down today. Last 4 sessions narrow range trading between 5982-6026 with lower levels confirm supports and higher levels selling also. 

As Nifty is trading near 5982 therefore firstly sustaining it beyond will be watched tomorrow for the possibility of correction continuation/completion.

Mid-session Outlook(07-01-2013)

As soon as profit booking possibility was seen then it was immediately updated in Post-open Outlook(07-01-2013) and intraday lows were broken down also. Nifty actual trading range of today is 6006-6026 with minor selling at higher levels and last 2 hours mixed intraday patterns trading between 6006-6016.

Valid break out of 6006-6026 will give next very short term down trend confirmation below 6006 and on going rally continuation confirmation above 6026.

Post-open Outlook(07-01-2013)

Although positive zone trading after gap up opening today but market has not shown required strength today therefore profit booking possibility will also be considered.

Today trading range(6012-6042) should be firstly watched for immediate next moves.

Nifty Target at 8616.90

Wishing You and yours family  Bright, Prosperous, Successful, Healthy & Happy New Year 2013

Nifty-Weekly Chart (04-Jan-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in Weekly charts

1- 6357.10 on 08-01-2008(All time high formation)
2- 2252.75 on 27-10-2008(Wave-1 begining after 2008 correction completion)
3- 6338.50 on 05-11-2010(Wave-1 completion and Corrective Wave-2 begining)
4- Wave-1 gained 4085.75 points.
5- 4531.15 on 20-12-2011(Impulsive Wave-3 beginning after 13 Months Wave-2 correction completion)
6- Impulsive Wave-3 is on.

Conclusions from Weekly chart analysis 

Impulsive Wave-3 started after Wave-2 correction completion on 20-12-2011 therefore whole 2012 was Bullish year. As per Elliot Wave theory Wave-3 should never be shorter than both Wave-1 and Wave-5 therefore Wave-3 will gain minimum 4085.75 points. Wave-3 started from 4531.15 and according to Elliot Wave theory its minimum target will be:-

4531.15+4085.75=8616.90 

Impulsive Wave-3 is on and its Waves structure is as follows:-

Nifty-EOD Chart (04-Jan-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- 4531.15 on 20-12-2011(Rally beginning after 13 Months correction completion)
2- Wave-1 completion(5629.95 on 22-02-2012)
3- Wave-2 completion(4770.35 on 04-06-2012)
4- Wave-3 of Wave-3 is on

Conclusions from EOD chart analysis 

Indian markets are completely Bullish and both impulsive Waves-3 are in progress towards 8616.90. Although tough to accept above mentioned technical target of Nifty but Indian economy is growing and Stock Markets always reflect economic growth. Until Indian markets are Bullish till then minimum target of Nifty is always alive at 8616.90. Following rally of Brazil and Japan are showing the power of Bull Markets:-

1- Bovespa(Brazil Index) was at 375 in Jan 1994 and reached 71924 in Jan 2011.
2- Nikkei 225(Japan Index) was less than 10,000 in 1985 and its reached near 40,000 in 1990.

This fact should also be kept in mind that Nikkei 225 moved below 7,000 in 2008 and unimaginable lower levels are also possible in Bear Phase therefore strict stop loss must be maintained by all investors and traders.

Now we shifts towards micro analysis and understand internal waves structures of Wave-3 of Wave-3:-

Nifty-EOD Chart (04-Jan-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- 4770.35 on 04-06-2012(Corrective Wave-2 completion and impulsive Wave-3 beginning)
2- 5348.55 on 10-07-2012(Sub Wave-1)
3- Sub Wave-1 gained 578.20 points
4- 5032.40 on 26-07-2012(Sub Wave-2)
5- 5815.35 on 05-10-2012(Sub Wave-3)
6- Sub Wave-3 gained 782.95 points
7- 5548.35 on 20-11-2012(Sub Wave-4)
8- Sub Wave-5 of Wave-3 is on

Conclusions from EOD chart analysis 

Impulsive Sub Wave-5 of Wave-3 is on after Sub Wave-4 correction completion with Bullish Flag formation therefore strong up moves will be seen. As per   Elliot Wave theory Wave-3 should never be shorter than both Wave-1 and Sub Wave-5. Sub Wave-3 gained 782.95 points as per theory Sub Wave-5 will gain less than 782.95 point from the bottom of Wave-4(5548.35) therefore Sub Wave-5 maximum target will be less than 6331.30(5548.35+782.95). Previous tops above 6000 are as follows:-

1- 6357.10 on 08-01-2008.
2- 6338.50 on 05-11-2010.

Conclusions (After Putting All Studies Together)

From longer to shorter all trends are Bullish and Sub Wave-5 of Wave-3 is on. Expected that Sub Wave-5 will not gain less than 61.8%(6031) of Sub Wave-3 gains and Sub Wave-5 targets should be between 6031-6331. Usually Wave-5 of any degree moves faster therefore rally will be forceful. As on going Sub Wave-5 rally possible maximum target is near 6331 therefore Triple Top formation may be seen and after the completion of Sub Wave-5 complete correction of impulsive Wave-3 will be seen which started from 4770.35 but Wave-3 which started  from 4531.15 on 20-12-2012 will remain continued because it has to move up minimum 4085.75 points and its target is at 8616.90.

It seems that now Wave-1 of Wave-3(started from 4531.15) is continued and 2 more impulsive Waves(Wave-3 and Wave-5) will be seen to test 8616.90. These targets are for Long term investors and Financial institutions. Markets takes its own time and Stock Rally force always depends on Economic growth and pace of Corporate earnings also.

As all things are on track therefore minimum 8616.90 will be seen in the coming years.

FII Trading Data in Derivatives Segment on 04-Jan-2013

FII & DII trading activity in Capital Market Segment on 04-Jan-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 04-Jan-2013 3187.89 2023.48 1164.41

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 04-Jan-2013 1148.55 1973.95 -825.4

Indian Stock Markets Closing Reports(04-Jan-2013)

Main features of today trading are as follows

1- Benchmark Indices closed flat.

2- Midcap and Smallcap closed with sufficiently good gains.

3- Bullish Hammer Candle formations.

Ratios

Index Options Put Call Ratio: 1.19

Total Options Put Call Ratio: 1.07

Nifty P/E Ratio(04-Jan-2013): 18.86

Advances & Declines

BSE Advances : 1,472 

BSE Declines : 1,478 

NSE Advances :   891

NSE Declines :   877

Nifty Open Interest Changed Today

Nifty- 5700 CE(Jan)- -13,750(-1.30%)

Nifty- 5700 PE(Jan)-  527,800(9.02%)

Nifty- 5800 CE(Jan)- -165,150(-6.83%)

Nifty- 5800 PE(Jan)-  152,700(2.70%)

Nifty- 5900 CE(Jan)- -311,550(-6.20%)

Nifty- 5900 PE(Jan)-  456,800(11.41%)

Nifty- 6000 CE(Jan)- 297,800(6.31%)

Nifty- 6000 PE(Jan)- 220,000(14.26%)

Closing 

Sensex- closed at 19,784.08(19.30- Points & 0.10%)

Nifty- closed at 6,016.15(6.65 Points & 0.11%)

CNX Midcap - closed at 8,746.95(51.35 Points & 0.59%)

CNX Smallcap- closed at 3,879.40(25.25 Points & 0.66%)

Nifty Spot-Levels & Trading Strategy for 07-01-2013

Nifty Spot-Levels

R3 6069

R2 6044

R1 6030

PIVOT 6005

S1 5991

S2 5966

S3 5952

Nifty Spot-Trading Strategy

H6 6055     Trgt 2 

H5 6046     Trgt 1

H4 6037     Long breakout 

H3 6026     Go Short 

H2 6023

H1 6019

L1 6012

L2 6008

L3 6005     Long 

L4 5994     Short Breakout 

L5 5985     Trgt 1 

L6 5976     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 07-01-2013

Nifty(Jan Fut)-Levels

R3 6102

R2 6077

R1 6062

PIVOT 6037

S1 6022

S2 5997

S3 5982

Nifty(Jan Fut)-Trading Strategy

H6 6088     Trgt 2 

H5 6079     Trgt 1

H4 6070     Long breakout 

H3 6059     Go Short 

H2 6055

H1 6051

L1 6044

L2 6040

L3 6037     Long 

L4 6026     Short Breakout 

L5 6016     Trgt 1 

L6 6007     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 07-01-2013

Bank Nifty(Jan Fut)-Levels

R3 13037

R2 12960

R1 12914

PIVOT 12837

S1 12791

S2 12714

S3 12668

Bank Nifty(Jan Fut)-Trading Strategy

H6  12993    Trgt 2 

H5  12964    Trgt 1

H4  12936    Long breakout 

H3  12902    Go Short 

H2  12891

H1  12880

L1  12857

L2  12846

L3  12835      Long 

L4  12801    Short Breakout 

L5  12773    Trgt 1 

L6  12744    Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Jan 07 to Jan 11,2013)

Nifty Spot-Weekly Levels

R3 6181

R2 6100

R1 6058

PIVOT 5977

S1 5935

S2 5854

S3 5812

Nifty Spot-Weekly Trading Strategy 

H6 6141     Trgt 2 

H5 6112     Trgt 1

H4 6083     Long breakout 

H3 6049     Go Short 

H2 6038

H1 6027

L1 6004

L2 5993

L3 5982     Long 

L4 5948     Short Breakout 

L5 5919     Trgt 1 

L6 5890    Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Jan 07 to Jan 11,2013)

Bank Nifty Spot-Weekly Levels

R3 13350

R2 13094

R1 12940

PIVOT 12684

S1 12530

S2 12274

S3 12120

Bank Nifty Spot-Weekly Trading Strategy 

H6 13208     Trgt 2 

H5 13110     Trgt 1

H4 13012     Long breakout 

H3 12899     Go Short 

H2 12862

H1 12824

L1 12749

L2 12711

L3 12674     Long 

L4 12561     Short Breakout 

L5 12463     Trgt 1 

L6 12365     Trgt 2

Mid-session Outlook(04-01-2013)

Following trading range was given yesterday at 09:41 AM in Post-open Outlook(03-01-2013):-

5982-6017

Above trading range was given in all the Outlooks yesterday and since then Nifty traded between

 5981.55-6016.

Following line was told today at 10:11:00 AM in Post-open Outlook(04-01-2013)

"As Bull markets does not correct very deep therefore following 2 supports will be firstly" watched:-

1- 5984
2- 5965

Nifty got support at 5981.55 today with lower levels consolidation patterns also therefore strong indications of up moves after very Short Term correction completion and next trend confirmation range will be valid break out of 5981-6017.

Post-open Outlook(04-01-2013)

Although gap up opening yesterday but we told only for down moves yesterday and Indian markets are down today as well as again proved all our predictions 100% accurate. We told following lines yesterday:-

1- We told at 09:41 AM in Post-open Outlook(03-01-2013)- "possibility of firstly slipping"
2- We told at 10:10 AM in Post-open Outlook-2(03-01-2013)- "good selling was seen within it yesterday"
2- We told in Technical Analysis and Market Outlook(04-01-2013)- " possibility of very short term down moves"

All trends are up and only very short term down moves were expected which were seen today because intraday selling formations and development of resistance within 6000-6012 in last 2 sessions.  Until Nifty will not  sustain above 6012 till then next up move will be considered and follow up moves will decide the life of today started correction. As Bull markets does not correct very deep therefore following 2 supports will be firstly watched:-

1- 5984
2- 5965

Technical Analysis and Market Outlook(04-01-2013)

Nifty-Intra Day Chart (03-Jan-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 6004-6012
2- Up moves in Rising Channel which is Bearish Pattern.
2- Support between 5995-5998
3- Whole day actual trading between 5986-6014 

Conclusions from intra day chart analysis 

Some supports at lower levels and selling at higher levels with intraday Up moves in Rising Channel which is Bearish Pattern therefore possibility of very short term  down moves because intraday selling was seen also yesterday within today trading range.

Last 2 sessions trading between 5982-6017 with lower levels supports and higher levels selling therefore valid break out of this range will decide next very Short Term Trend.