Indian Stock Markets Closing Reports(01-Feb-2013)

Main features of today trading are as follows

1- Benchmark Indices closed in Red.

2- Closing near the lower levels of the day.

3- Black Candle formation.

Ratios

Index Options Put Call Ratio: 0.99

Total Options Put Call Ratio: 0.94

Nifty P/E Ratio(01-Feb-2013): 18.11

Advances & Declines

BSE Advances : 1,227 

BSE Declines : 1,619 

NSE Advances :   649

NSE Declines :   865

Nifty Open Interest Changed Today

Nifty- 5700  CE(Feb)- 8,850(2.67%)

Nifty- 5700 PE(Feb)-  1,590,750(54.17%)

Nifty- 5800  CE(Feb)- -60,600(-13.42%)

Nifty- 5800 PE(Feb)-   278,750(8.52%)

Nifty- 5900  CE(Feb)- -128,050(-16.03%)

Nifty- 5900 PE(Feb)-   509,500(18.86%)

Nifty- 6000  CE(Feb)- 411,750(26.43%)

Nifty- 6000 PE(Feb)-  930,600(26.87%)

Nifty- 6100  CE(Feb)- 1,328,250(41.91%)

Nifty- 6100 PE(Feb)-  189,050(9.57%)

Closing 

Sensex- closed at 19,781.19(-113.79 Points & -0.57%)

Nifty- closed at 5,998.90(-35.85 Points & -0.59%)

CNX Midcap - closed at 8,357.45(-6.25 Points & -0.07%)

CNX Smallcap- closed at 3,642.80(3.85 Points & 0.11%)

Nifty Spot-Levels & Trading Strategy for 04-02-2013

Nifty Spot-Levels

R3 6108

R2 6080

R1 6039

Avg 6011

S1 5970

S2 5942

S3 5901

Nifty Spot-Trading Strategy

H6 6067     Trgt 2 

H5 6051     Trgt 1

H4 6035     Long breakout 

H3 6016     Go Short 

H2 6010

H1 6004

L1 5991

L2 5985

L3 5979     Long 

L4 5960     Short Breakout 

L5 5944     Trgt 1 

L6 5928     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 04-02-2013

Nifty(Feb Fut)-Levels

R3 6119
R2 6098
R1 6067
Avg 6046
S1 6015
S2 5994
S3 5963

Nifty(Feb Fut)-Trading Strategy

H6 6088     Trgt 2
H5 6076     Trgt 1
H4 6064     Long breakout
H3 6050     Go Short
H2 6045
H1 6040
L1 6031
L2 6026
L3 6021     Long
L4 6007     Short Breakout
L5 5995     Trgt 1
L6 5983     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 04-02-2013

Bank Nifty(Feb Fut)-Levels

R3 12937
R2 12873
R1 12778
Avg 12714
S1 12619
S2 12555
S3 12460

Bank Nifty(Feb Fut)-Trading Strategy

H6 12843     Trgt 2
H5 12807     Trgt 1
H4 12771     Long breakout
H3 12727     Go Short
H2 12713
H1 12698
L1 12669
L2 12654
L3 12640     Long
L4 12596     Short Breakout
L5 12560     Trgt 1
L6 12524     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Feb 04 to Feb 08,2013)

Nifty Spot-Weekly Level

R3 6208

R2 6160

R1 6079

Avg 6031

S1 5950

S2 5902

S3 5821

Nifty Spot-Weekly Trading Strategy 

H6 6127     Trgt 2 

H5 6098     Trgt 1

H4 6068     Long breakout 

H3 6033     Go Short 

H2 6021

H1 6009

L1 5986

L2 5974

L3 5962     Long 

L4 5927     Short Breakout 

L5 5897     Trgt 1 

L6 5868     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Feb 04 to Feb 08,2013)

Bank Nifty Spot-Weekly Levels

R3 13232

R2 13096

R1 12851

Avg 12715

S1 12470

S2 12334

S3 12089

Bank Nifty Spot-Weekly Trading Strategy 

H6 12987     Trgt 2 

H5 12901     Trgt 1

H4 12815     Long breakout 

H3 12710     Go Short 

H2 12675

H1 12640

L1 12571

L2 12536

L3 12501     Long 

L4 12396     Short Breakout 

L5 12310     Trgt 1 

L6 12224     Trgt 2

Mid-session Outlook(01-02-2013)

Following projections were done at 10:18 AM today when Indian markets were trading near today intraday higher levels:-

1- down move
2- trading between next support range(6000-6033) possibilities

Nifty is trading between above mentioned range for the last more than 2 hours after slipping from intraday higher levels and more down moves are expected below 6000 in next week.

Post-open Outlook(01-02-2013)

As selling between 6050-6056 yesterday after good selling above it up to 6100 in previous sessions therefore down moves and trading between next support range(6000-6033) possibilities are alive. Follow up selling today will mean breaking down development possibility of mentioned support range. Lot of resistances above 6050 and complete consolidation is required for any sustained move above 6050/6100.

Outlooks will be updated during trading hours today

FII Trading Data in Derivatives Segment on 31-Jan-2013

FII & DII trading activity in Capital Market Segment on 31-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 31-Jan-2013 5426.07 4467.14 958.93

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 31-Jan-2013 1456.11 2319.71 -863.6

Indian Stock Markets Closing Reports(31-Jan-2013)

Main features of today trading are as follows

1- Benchmark Indices closed in Red.
2- CNX Midcap and CNX Smallcap closed positive with more than half pct up.
3- Black Candle formation.

Ratios

Index Options Put Call Ratio: 0.99
Total Options Put Call Ratio: 0.94
Nifty P/E Ratio(31-Jan-2013): 18.20

Advances & Declines

BSE Advances : 1,355
BSE Declines : 1,459
NSE Advances :   692
NSE Declines :   812

Nifty Open Interest Changed Today

Nifty- 5700 CE(Feb)- 144,500(77.13%)
Nifty- 5700 PE(Feb)- 1,716,250(140.63%)

Nifty- 5800 CE(Feb)- -48,700(-9.73%)
Nifty- 5800 PE(Feb)-  622,400(23.51%)

Nifty- 5900 CE(Feb)- 10,850(1.38%)
Nifty- 5900 PE(Feb)- 54,250(15.09%)

Nifty- 6000 CE(Feb)- 191,100(13.98%)
Nifty- 6000 PE(Feb)- 460,800(15.35%)

Nifty- 6100 CE(Feb)- 620,550(24.35%)
Nifty- 6100 PE(Feb)- 264,550(15.46%)

Closing 

Sensex- closed at 19,894.98(-110.02 Points & -0.55%)
Nifty- closed at 6,034.75(-21.00 Points & -0.35%)
CNX Midcap - closed at 8,363.70(59.80 Points & 0.72%)
CNX Smallcap- closed at 3,638.95(18.80 Points & 0.52%)

Nifty Spot-Levels & Trading Strategy for 01-02-2013

Nifty Spot-Levels

R3 6086

R2 6072

R1 6053

Avg 6039

S1 6020

S2 6006

S3 5987

Nifty Spot-Trading Strategy

H6 6067     Trgt 2 

H5 6059     Trgt 1

H4 6052     Long breakout 

H3 6043     Go Short 

H2 6040

H1 6037

L1 6030

L2 6027

L3 6024     Long 

L4 6015     Short Breakout 

L5 6008     Trgt 1 

L6 6000     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 01-02-2013

Nifty(Feb Fut)-Levels

R3 6138

R2 6121

R1 6094

Avg 6077

S1 6050

S2 6033

S3 6006

Nifty(Feb Fut)-Trading Strategy

H6 6111     Trgt 2 

H5 6101     Trgt 1

H4 6091     Long breakout 

H3 6079     Go Short 

H2 6075

H1 6071

L1 6062

L2 6058

L3 6054     Long 

L4 6042     Short Breakout 

L5 6032     Trgt 1 

L6 6022     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 01-02-2013

Bank Nifty(Feb Fut)-Levels

R3 13044

R2 12981

R1 12878

Avg 12815

S1 12712

S2 12649

Bank Nifty(Feb Fut)-Trading Strategy

H6 12941     Trgt 2 

H5 12903     Trgt 1

H4 12866     Long breakout 

H3 12820     Go Short 

H2 12805

H1 12790

L1 12759

L2 12744

L3 12729     Long 

L4 12683     Short Breakout 

L5 12646     Trgt 1 

L6 12608     Trgt 2

Mid-session Outlook(31-01-2013)

We posted only bearish views and Indian markets slipped also from higher levels even after good Credit Policy from RBI and above expectations results from ICICI Bank today but down moves are not sharp and maintaining the status of sideways mode within 6000-6100.

Following line was told yesterday at 09:38 AM in Post-open Outlook(30-01-2013):-

Nifty will trade most time between 6033-6068 and prepare for next moves today"

As was told same happened and Nifty trade most time between 6033-6068 and 2 sessions trading ranges are as follows:-

1- Nifty traded between 6044.15-6071.95 yesterday.
2- Nifty traded between 6,034.90-6,058.05 today(more than 5 hours).

Confirm selling at higher levels today but intraday down moves are without force therefore next support range(6000-6033) break out will be firstly watched tomorrow.

Post-open Outlook(31-01-2013)

Following lines were told on 29-01-2013 in Correction continuation on cards

Follow up selling tomorrow will mean consideration of following possibility also:-

"FOMC Meeting is scheduled on January 29-30 and its results will come out in the mid night of 30 Jan. We don't know what will be its outcome but US markets intraday and daily charts are showing selling formations therefore sharp fall in US markets on 30-01-2013 can not be ruled out which may result sharp down moves in Asian and Indian markets on 31st Jan"

All the Asian markets are in Red today after negative closing in US markets but down moves are not sharp and Nifty is confined between 6000-6100. As both lower levels buying and higher levels selling is being seen for the last 12 sessions and one sided positions are not being built therefore sideways market. No other way but to wait for valid break out of those range which have already been updated in previous Outlook.

Although our view was bearish and markets moved down also but not too much. Let market prepare then next moves with breaking out possibility will be updated according to intraday charts formations.

Technical Analysis and Market Outlook(31-01-2013)

Nifty-Intra Day Chart (30-Jan-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 6062-6070
2- Support between 6044-6052
3- Whole day actual trading between 6044-6070

Conclusions from intra day chart analysis 

As good global cues led Green opening and positive zone trading therefore following trading range with technical reasons was given at 09:38 AM in Post-open Outlook(30-01-2013):-

"Next resistances are between 6068-6110 and supports are between 6000-6033 and expected that Nifty will trade most time between 6033-6068 and prepare for next moves today"

Nifty traded whole day between 6044-6070 with lower levels supports and higher levels selling therefore mixed intraday patterns formations today.

As Bearish patterns formation in EOD charts and indicators are also showing negative divergence therefore deeper correction possibility is very much alive. Both higher levels resistances and lower levels supports in last 12 sessions between 6000-6100 and Nifty again traded within this range with intraday mixed patterns today therefore Nifty will firstly trade between 6000-6100 and prepare for next moves tomorrow. 

Sideways market(6000-6100) and it will take its own time for next moves preparation,no other way but only to wait for its valid break out and follow up one sided moves in the coming sessions will decide its time frame.  Following ranges valid break out should be firstly watched:-

1- For next moves first indication- 6033-6068
2- For next moves final confirmation- 6000-6100

FII Trading Data in Derivatives Segment on 30-Jan-2013

FII & DII trading activity in Capital Market Segment on 30-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 30-Jan-2013 3802.74 2896.38 906.36

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 30-Jan-2013 1083.02 2178.84 -1095.82

Indian Stock Markets Closing Reports(30-Jan-2013)

Main features of today trading are as follows

1- Benchmark Indices closed almost flat.

2- CNX MIDCAP and CNX SMALLCAP closed in Red.

3- Doji Candle formation.

Ratios

Index Options Put Call Ratio: 0.96

Total Options Put Call Ratio: 0.91

Nifty P/E Ratio(30-Jan-2013):18.22

Advances & Declines

BSE Advances : 1,202

BSE Declines : 1,679 

NSE Advances :   584

NSE Declines :   932

Nifty Open Interest Changed Today

Nifty- 5800 CE(Jan)- -106,550(-14.26%)

Nifty- 5800 PE(Jan)- -226,950(-3.13%)

Nifty- 5900 CE(Jan)- -195,000(-21.68%)

Nifty- 5900 PE(Jan)- -467,950(-5.67%)

Nifty- 6000 CE(Jan)- -332,900(-11.13%)

Nifty- 6000 PE(Jan)-    3,500(0.04 %)

Nifty- 6000 CE(Jan)- -379,750(-4.59%)

Nifty- 6000 PE(Jan)- -175,800(-5.92%)

Closing 

Sensex- closed at 20005(14.10 Points & 0.07%)

Nifty- closed at 6,055.75(5.85 Points & 0.10%)

CNX Midcap - closed at 8,303.90(-20.05 Points & -0.24%)

CNX Smallcap- closed at 3,620.15(-14.65 Points & -0.40%)