FII Trading Data in Derivatives Segment on 14-Jan-2013

Indian Stock Markets Closing Reports(14-Jan-2013)

Main features of today trading are as follows

1- All the Indices closed in Green except CNX PHARMA.

2- Closing at the highest of the day.

3- Long White candle formation.

Ratios

Index Options Put Call Ratio: 1.11

Total Options Put Call Ratio: 1.05

Nifty P/E Ratio(14-Jan-2013):18.92

Advances & Declines

BSE Advances : 1,691

BSE Declines : 1,207 

NSE Advances :   884

NSE Declines :   557 

Nifty Open Interest Changed Today

Nifty- 5800 CE(Jan)- -61,050(-5.91%)

Nifty- 5800 PE(Jan)- -39,550(-0.52%)

Nifty- 5900 CE(Jan)- -201,200(-8.88%)

Nifty- 5900 PE(Jan)-  1,172,000(15.80%)

Nifty- 6000 CE(Jan)- -963,500(-17.95%)

Nifty- 6000 PE(Jan)-  1,923,200(50.85%)

Nifty- 6100 CE(Jan)- -400,950(-5.75%)

Nifty- 6100 PE(Jan)-  220,750(11.70%)

Closing 

Sensex- closed at 19,906.41(242.77 Points & 1.23%)

Nifty- closed at 6,024.05(72.75 Points & 1.22%)

CNX Midcap - closed at 8,664.55(120.55 Points & 1.41%)

CNX Smallcap- closed at 3,854.90(53.40 Points & 1.40%)

Nifty Spot-Levels & Trading Strategy for 15-01-2013

Nifty Spot-Levels

R3 6126
R2 6081
R1 6052
Avg 6007
S1 5978
S2 5933
S3 5904

Nifty Spot-Trading Strategy

H6 6098     Trgt 2
H5 6081     Trgt 1
H4 6064     Long breakout
H3 6044     Go Short
H2 6037
H1 6030
L1 6017
L2 6010
L3 6003     Long
L4 5983     Short Breakout
L5 5966     Trgt 1
L6 5949     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 15-01-2013

Nifty(Jan Fut)-Levels

R3 6169
R2 6118
R1 6087
Avg 6036
S1 6005
S2 5954
S3 5923

Nifty(Jan Fut)-Trading Strategy

H6  6139    Trgt 2
H5  6121    Trgt 1
H4  6102    Long breakout
H3  6079    Go Short
H2  6072
H1  6064
L1  6049
L2  6041
L3  6034    Long
L4  6011     Short Breakout
L5  5992    Trgt 1
L6  5974    Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 15-01-2013

Bank Nifty(Jan Fut)-Levels

R3 13103

R2 12980

R1 12912

Avg 12789

S1 12721

S2 12598

S3 12530

Bank Nifty(Jan Fut)-Trading Strategy

H6 13038     Trgt 2 

H5 12994     Trgt 1

H4 12950     Long breakout 

H3 12897     Go Short 

H2 12880

H1 12862

L1 12827

L2 12809

L3 12792     Long 

L4 12739     Short Breakout 

L5 12695     Trgt 1 

L6 12651     Trgt 2

GAAR will be effected from Apr 2016

Mid-session Outlook-2(14-01-2013)

Finance Minister positive announcement of postponing GAAR for 3 years and will be effected from Apr 2016 as well as acceptance of  major proposals of shome committee,it is 2nd positive news after improved December inflation data today and Nifty is trading near 6000 for the last 4 hours.

As intraday consolidation patterns also seen today therefore confirmation of reentering into 8 sessions sideways trading range(5950-6026) but more consolidation is required between next resistance range(6000-6026) for crossing and sustaining above 6026. 

Follow up moves and valid break out of 8 sessions sideways trading range(5950-6026) will give following confirmations:-

1- Above 6026 will mean up moves toward next target between 6239-6331.
2- Below 5950 will mean correction after Sub Wave-5 achieving its 1st target between 6031-6331 at 6042.15 on 07-01-2013.

Mid-session Outlook(14-01-2013)

As negative news flow from Indo-Pak last Friday therefore whole day down moves and closing below 5965 was seen but today trading into last 8 sessions sideways trading range(5950-6026) because sentiment improved due to more than 2.45% up moves in Chinese markets and lower levels recovery in all Asian markets. Sentiment again improved due to improved December inflation data and now trading near 6000,next resistance is between 6000-6026 therefore complete consolidation is required for decisive up moves above 6026..

Reentering into 8 sessions sideways trading range(5950-6026) and its valid break out will give next trend confirmation therefore should be firstly watched now.

Firstly watch sustaining beyond 5965

Post-open Outlook(14-01-2013)

As last Friday down moves and closing below most crucial and next trend deciding 5965 was due to negative news of Heavy Firing on LOC and tension escalation with Pakistan therefore following line was told in previous Outlook yesterday:-

closing below 5965 was due to most sensitive negative news of tension mounting on LOC therefore sustaining below 5965 should also be firstly watched. 

As some Asian markets are trading with good gains therefore positive opening in Indian markets and If Nifty sustains above 5965 then market reentering into last 8 sessions sideways trading range(5950-6026) and finally sustaining below 5965 will mean correction beginning after Sub Wave-5 completion at 6042.15 on 07-01-2013. 

Market Cautious after Indo-Pak Cross Border Firing

Technical Analysis,Research & Weekly Outlook

(Jan 14 to Jan 18,2013)

Waves Structure of Sub Wave-5 of Wave-3

Nifty-EOD Chart (11-Jan-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- 5548.35 on 20-11-2012(Sub Wave-4 completion and Sub Wave-5 coontinuation)
2- 5865.45 on 11-12-2012 (Sub Wave-1 of Wave-5 completion and Sub Wave-2 continuation)
3- 5823.15 on 18-12-2012 (Sub Wave-2 of Wave-5 completion and Sub Wave-3 continuation)
4- 6042.15 on 07-01-2013 (Top of Sub Wave-3 of Wave-5)
5- Closing below Sub Wave-1 top(5865.45) on 11-01-2013

Conclusions from EOD chart analysis

As Sub Wave-3 continuation in previous week therefore its minimum  target(as per Elliot Wave theory) of  6239.95 with calculation was updated on 08-01-2013 as well as condition of closing above 5965 was also posted on 07-01-2013. As intraday Bullish patterns formations on 10-01-2013 therefore expectation of rally continuation was told on 10-01-2013 and it was seen also on 11-01-2013 but sentiment turned depressed due to escalation of Indo-Pak cross border firing therefore Indian markets could not sustain at higher levels and closed below 5965 on 11-01-2013. 

As closing below 5965 on 11-01-2013 therefore as per Elliot Wave theory strong indication of failure of Sub Wave-3 of Wave-5 and emergence of correction possibility as well. Now Sub Wave-5 of Wave-3 is on and when its formation was got confirmation then following topic was posted on 08-12-2012:-

Rally after Short Term Correction

Just click above topic link for detaied analysis and those important features which should be immediately considered are also being reproduced with EOD chart of that day:-

Nifty-EOD Chart (07-Dec-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

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

Conclusions from EOD chart analysis 

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. 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.

As on going Sub Wave-5 rally possible maximum target is near 6331 therefore Triple Top formation may be seen. Expected that Sub Wave-5 will not gain less than 61.8% of Sub Wave-3 gains and Sub Wave-5 targets should be between 6031-6331.

As on going Sub Wave-5 made a top of 6042.15 on 07-01-2013 and it is above 6031(calculation given above) therefore Sub Wave-5 at 6042.15 can not be ruled out.   

Indicators showing Negative Divergence

Nifty-Daily Indicators Analysis Chart(11-Jan-2013):-

Just click on chart for its enlarged view

Conclusions

Sub Wave-5 is moving up while 4 indicators are moving down therefore Negative Divergence is clearly visible in EOD charts and strong possibility of whole Sub Wave-5 correction.

Conclusions (After Putting All Studies Together)

Following possibilities were updated in previous sessions:-

1- Sub Wave-5 minimum and maximum targets between 6031-6331 was given on 08-12-2012.
2- Minimum  target(as per Elliot Wave theory) of 6239.95 with calculation was updated on 08-01-2013 as well as condition of closing above 5965 was also posted on 07-01-2013.

As closing of Sub Wave-3 of Sub Wave-5 below 5965 on 11-01-2013 therefore strong indication of  its failure without achieving next target(6239.95) but closing below 5965 was due to most sensitive negative news of tension mounting on LOC therefore sustaining below 5965 should also be firstly watched. If Nifty sustains above 5965 then whole Sub Wave-5 correction will start from any levels between 6239.95-6331 and finally sustaining below 5965 will mean Sub Wave-5 completion at 6042.15 on 07-01-2013.

Sustaining below 5965 in the coming week will mean possibility of whole Sub Wave-5 correction which started from 4770.35 on 04-06-2012 and completed at 6042.15 on 07-01-2013 after gaining 1271.80 points. As correction beginning possibility after Sub Wave-5 achieving its targets at 6042.15(between 6031-6331) therefore deeper correction can not be ruled out. Let correction beginning confirmation come then size of correction,next Levels and crucial supports will be updated.

As on going impulsive View Sub Wave-5 has achieved its 1st target and negative news of Indo-Pak Cross Border Firing also and sentiment has turned dampened as well as view is cautious therefore sustaining beyond 5965 should be firstly watched for the confirmation of last Friday started correction continuation or correction beginning possibility between 6239.95-6331.

FII & DII trading activity in Capital Market Segment on 11-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 11-Jan-2013 3507.98 2682.81 825.17

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 11-Jan-2013 1363.88 1879.95 -516.07

FII Trading Data in Derivatives Segment on 11-Jan-2013

Indian Stock Markets Closing Reports(11-Jan-2013)

Main features of today trading are as follows

1- All the Indices closed in Red except CNX IT and CNX MEDIA.

2- Heavy Firing on LOC news led down moves.

3- Black Candle formation.

Ratios

Index Options Put Call Ratio: 1.01

Total Options Put Call Ratio: 0.97

Nifty P/E Ratio(11-Jan-2013):18.68

Advances & Declines

BSE Advances :  954

BSE Declines :1,995  

NSE Advances :  412 

NSE Declines :1,336  

Nifty Open Interest Changed Today

Nifty- 5700 CE(Jan)- 2,050(0.31%) 

Nifty- 5700 PE(Jan)- 1,271,300(19.24%)

Nifty- 5800 CE(Jan)- 36,800(3.70%)

Nifty- 5800 PE(Jan)- 11,650(0.15%)

Nifty- 5900 CE(Jan)- 162,700(7.74%)

Nifty- 5900 PE(Jan)- 613,250(9.01%)

Nifty- 6000 CE(Jan)- 402,900(8.12%)

Nifty- 6000 PE(Jan)- -661,450(-14.89%)

Nifty- 6100 CE(Jan)- 31,150(11.71%)

Nifty- 6100 PE(Jan)- -77,450(-3.94%)

Closing 

Sensex- closed at 19,663.64(0.09 Points & 0.00%)

Nifty- closed at 5,951.30(-17.35 Points & -0.29%)

CNX Midcap - closed at 8,544.00(-155.55 Points & -1.79%)

CNX Smallcap- closed at 3,801.50(-56.95 Points & -1.48%)

Nifty Spot-Levels & Trading Strategy for 14-01-2013

Nifty Spot-Levels

R3 6077.33

R2 6047.67

R1 5999.33

Avg 5969.67

S1 5921.33

S2 5891.67

S3 5843.33

Nifty Spot-Trading Strategy

H6 6029     Trgt 2 

H5 6011     Trgt 1

H4 5993     Long breakout 

H3 5972     Go Short 

H2 5965

H1 5958

L1 5943

L2 5936

L3 5929     Long 

L4 5908     Short Breakout 

L5 5890     Trgt 1 

L6 5872     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 14-01-2013

Nifty(Jan Fut)-Levels

R3 6089.33

R2 6063.67

R1 6020.33

Avg 5994.67

S1 5951.33

S2 5925.67

S3 5882.33

Nifty(Jan Fut)-Trading Strategy

H6 6046     Trgt 2 

H5 6030     Trgt 1

H4 6014     Long breakout 

H3 5995     Go Short 

H2 5989

H1 5983

L1 5970

L2 5964

L3 5958     Long 

L4 5939     Short Breakout 

L5 5923     Trgt 1 

L6 5907     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 14-01-2013

Bank Nifty(Jan Fut)-Levels

R3 13068.33

R2 12976.67

R1 12829.33

Avg 12737.67

S1 12590.33

S2 12498.67

S3 12351.33

Bank Nifty(Jan Fut)-Trading Strategy

H6 12921     Trgt 2 

H5 12867     Trgt 1

H4 12813     Long breakout 

H3 12747     Go Short 

H2 12725

H1 12703

L1 12660

L2 12638

L3 12616     Long 

L4 12550     Short Breakout 

L5 12496     Trgt 1 

L6 12442     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Jan 14 to Jan 18,2013)

Nifty Spot-Weekly Levels

R3 6116.00

R2 6079.00

R1 6015.00

Avg 5978.00

S1 5914.00

S2 5877.00

S3 5813.00

Nifty Spot-Weekly Trading Strategy 

H6 6052     Trgt 2 

H5 6029     Trgt 1

H4 6006     Long breakout 

H3 5978     Go Short 

H2 5969

H1 5960

L1 5941

L2 5932

L3 5923     Long 

L4 5895     Short Breakout 

L5 5872     Trgt 1 

L6 5849     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Jan 14 to Jan 18,2013)

Bank Nifty Spot-Weekly Levels

R3 13029.00

R2 12933.00

R1 12775.00

Avg 12679.00

S1 12521.00

S2 12425.00

S3 12267.00

Bank Nifty Spot-Weekly Trading Strategy 

H6 12871     Trgt 2 

H5 12814     Trgt 1

H4 12756     Long breakout 

H3 12686     Go Short 

H2 12663

H1 12640

L1 12593

L2 12570

L3 12547     Long 

L4 12477     Short Breakout 

L5 12419     Trgt 1 

L6 12362     Trgt 2

Negative News flow drag down market today.

As good intraday consolidation yesterday and 3 sessions closing above most crucial level(5965) therefore up moves were predicted and Indian markets bounced also as well as traded most time in positive zone today but sentiment dampened today due to following news:-

1- Heavy Firing on LOC,tension escalation with Pakistan.
2- India takes tough stand on cease fire violation.
3- Pakistan Govt. summoned Indian High Commissioner.
4- Pakistan stopped Indian Trucks and Bus.
5- News of Rajputana Rifles Jawans stopping to take food.
6- Demonstrations all over India against Indian soldiers killing by Pakistan Army.
7- Petroleum minister statement for Diesel and LPG Hike as quickly as possible.

As so much negative news flow today therefore Indian markets could not sustain at higher levels and slipped as well as closed below 5965.

Detailed analysis will be posted after one or two days because now out of station due to sudden emergency  therefore could not update during trading hours also today

NIFTY Jan F&O- Buying of 10-01-2013-Covering

NIFTY Jan F&O( Bought on 10-01-2013)-Cover immediately-CMP-5986(Heavy Firing on LOC therefore covering today and not to carry over)

NIFTY Jan F&O- Buying of 10-01-2013-Message

NIFTY(Jan Fut and 6000 CE-Positional Bought on 10-01-2013)-SL-5944 & TGT-6104(Jan Fut-Rates are given for all trading)

Rally above 5965 & 6026 after Bullish patterns formations

Nifty-Intra Day Chart (Jan 08 to Jan 10,2013):-

Just click on chart for its enlarged view

Conclusions from 3 Sessions intra day chart analysis 

Long and Intermediate term trends are up and Short term trend is sideways for the last 7 sessions between 5948-6026. Nifty slipped below most Crucial and next up trend saviour 5965 in previous 3 sessions but recovered closed also above it in all 3 sessions. 

Trading positions around 5965 in next 3 sessions are as follows:-

1- 08-01-2013- Lowest was and 5964.40 closed at 6001.70
2- 09-01-2013- Lowest was and 5958.45 closed at 5971.50
3- 10-01-2013- Lowest was and 5947.30 closed at 5968.65

Importance of 5965 has already been updated on 07-01-2013 in "5965 is most Crucial for Bulls on 08-01-2013" and following line was specially told:-

"Sub Wave-3 should not dip or minimum close below the top of Sub Wave-1(5965)" 

As closing above 5965 in all 3 sessions therefore technically on going rally(impulsive Sub Wave-3) is safe.

Nifty-Intra Day Chart (10-Jan-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Most of the time trading between Bullish Falling Channel. 
2- 3 Smaller Bullish Falling Channels formation within broader Bullish Falling Channel.  
3- Whole day actual trading between 5947-5997 

Conclusions from intra day chart analysis 

Whole day down moves but with Bullish pattern formations therefore finally rally above  5965 & 6026 will be seen in the coming sessions despite whatsoever INFY 3rd Quarter financial results and IIP numbers tomorrow.