NIFTY-Mar Put Option(5600)-Buy-Positional-SL-00-TGT-40-CMP-14(Lalit39)
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Pre-Closing Outlook(26-03-2013)
Although recovery from lower levels immediately after opening and continuous up moves also upto 01:30 PM but we told following line at 12:18 PM in Mid-session Outlook(26-03-2013):-
As told same happened and much up moves not seen as well as range bound trading between 5612-5654 with selling indications also in today intraday charts therefore correction continuation is expected.
much up moves are not expected
As told same happened and much up moves not seen as well as range bound trading between 5612-5654 with selling indications also in today intraday charts therefore correction continuation is expected.
Mid-session Outlook(26-03-2013)
Following line was told at today 07:48 AM in Long Term Trend is at stake
initial weakness is possible but some recovery from lower levels and intraday volatility can not be ruled out today
As told same happened and Nifty recovered 35 points from lower levels after weak opening today but up moves are without force therefore much up moves are not expected any decisive up move will not be considered until Nifty will not sustain above 5672/5702.
initial weakness is possible but some recovery from lower levels and intraday volatility can not be ruled out today
As told same happened and Nifty recovered 35 points from lower levels after weak opening today but up moves are without force therefore much up moves are not expected any decisive up move will not be considered until Nifty will not sustain above 5672/5702.
Nifty(Mar Fut)- Intraday Trading levels , Strategy and Targets for 26-03-2013
Buy at or above:-5662
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1st Targets:5678
2nd Targets:5697
3rd Targets:5716
4th Targets:5735
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Stop Loss:5643
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Sell at or below:-5643
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1st Targets:5627
2nd Targets:5609
3rd Targets:5590
4th Targets:5571
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Stop Loss:5662
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Trading guidance:-
1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.
6- Firstly go through today Outlooks also for better profits and more accuracy.
Bank Nifty(Mar Fut)- Intraday Trading levels,Strategy and Targets for 26-03-2013
Buy at or above:-11156
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1st Targets:11177
2nd Targets:11203
3rd Targets:11230
4th Targets:11256
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Stop Loss:11130
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Sell at or below:-11130
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1st Targets:11109
2nd Targets:11083
3rd Targets:11056
4th Targets:11030
-------------------------------
Stop Loss:11156
-------------------------------------------------
Trading guidance:-
1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.
Long Term Trend is at stake
Technical Analysis and Market Outlook
Technical Analysis and Market Outlook
(26-03-2013)
Nifty-EOD Chart (25-Mar-2013):- |
| Just click on chart for its enlarged view |
1- Wave 2 completion and Wave 3 beginning(4770.35 on 04-06-2012)
2- Wave i(5348.55 on 10-07-2012)
3- Wave ii(5032.40 on 26-07-2012)
4- Wave iii(5815.35 on 05-10-2012)
5- Wave iv(5548.35 on 20-11-2012)
6- Wave v(6111.80 on 29-01-2013)
7- Wave 3 completion and Wave 4(ABC correction) beginning
8- Wave A(5663.60 on 04-03-2012)
9- Wave A retraced 448.20 points.
10- Wave B(5971.20 on 11-03-2012)
11- Wave B gained 307.60 points
12- Wave C bottom formation at 5624.40 on 25-03-2012
13- Wave C has retraced 346.80 points yet.
13- Corrective Wave C of Wave 4 continuation.
14- 200 Day EMA at 5672
15- 200 Day DMA at 5621
Conclusions from EOD chart analysis
ABC Waves of Wave 4 continuation and Wave A retraced 448.20 points therefore equal 100% retracement of Wave c can not be ruled out. Wave C correction continuation is expected next target is at:-
5971.20(Wave B)-448.20(Wave A lost)=5523.00
Next strong support is at 5548.35 which is near 5523.00 therefore these 2 levels will be watched in the coming sessions for on going Wave 4 correction completion. It should be kept in mind that Nifty has closed 3 consecutive days below 200 Day EMA(5672) therefore high risk on Long Term Trend turning down and Indian markets moving into Bear Grip. As Nifty closed between 200 Day DMA(5621) and EMA(5672) in last 3 sessions therefore sustaining beyond 5621 should also be watched because Long Term Trend is at stake.
As Wave 4 correction after Bearish Head and Shoulders pattern formations therefore until such big reversal Bullish pattern will not form till then correction will not complete and will remain continued and following retracement levels of wave 3(4770-6111) should be kept in mind:-
13.0%- 5936(Corrected)
23.6%- 5794(Corrected)
27.0%- 5748(Corrected)
38.2%- 5598(Most crucial Levels)
50.0%- 5440(Most crucial Levels)
61.8%- 5282(Most crucial Levels)
70.7%- 5162
76.4%- 5086
78.6%- 5056
88.6%- 4922
Pre-open Outlook(26-03-2013)
Sentiment is depressed today morning because some Asian markets are in Red after negative closing of US markets yesterday therefore initial weakness is possible but some recovery from lower levels and intraday volatility can not be ruled out today and until Nifty will not sustain above 5702 till then any rally will not be considered.
FII & DII trading activity in Capital Market Segment on 25-Mar-2013
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Nifty Spot-Levels & Trading Strategy for 26-03-2013
Nifty Spot-Levels
R3 5786
R2 5752
R1 5692
Avg 5658
S1 5598
S2 5564
S3 5504
Nifty Spot-Trading Strategy
H6 5727 Trgt 2
H5 5705 Trgt 1
H4 5684 Long breakout
H3 5658 Go Short
H2 5650
H1 5641
L1 5624
L2 5615
L3 5607 Long
L4 5581 Short Breakout
L5 5560 Trgt 1
L6 5538 Trgt 2
R3 5786
R2 5752
R1 5692
Avg 5658
S1 5598
S2 5564
S3 5504
Nifty Spot-Trading Strategy
H6 5727 Trgt 2
H5 5705 Trgt 1
H4 5684 Long breakout
H3 5658 Go Short
H2 5650
H1 5641
L1 5624
L2 5615
L3 5607 Long
L4 5581 Short Breakout
L5 5560 Trgt 1
L6 5538 Trgt 2
Nifty(Mar Fut)-Levels & Trading Strategy for 26-03-2013
Nifty(Mar Fut)-Levels
R3 5781
R2 5749
R1 5697
Avg 5665
S1 5613
S2 5581
S3 5529
Nifty(Mar Fut)-Trading Strategy
H6 5729 Trgt 2
H5 5710 Trgt 1
H4 5691 Long breakout
H3 5668 Go Short
H2 5660
H1 5652
L1 5637
L2 5629
L3 5621 Long
L4 5598 Short Breakout
L5 5579 Trgt 1
L6 5560 Trgt 2
Bank Nifty(Mar Fut)-Levels & Trading Strategy for 26-03-2013
Bank Nifty(Mar Fut)-Levels
R3 11624
R2 11512
R1 11328
Avg 11216
S1 11032
S2 10920
S3 10736
Bank Nifty(Mar Fut)-Trading Strategy
H6 11441 Trgt 2
H5 11373 Trgt 1
H4 11306 Long breakout
H3 11225 Go Short
H2 11198
H1 11171
L1 11116
L2 11089
L3 11062 Long
L4 10981 Short Breakout
L5 10914 Trgt 1
L6 10846 Trgt 2
R3 11624
R2 11512
R1 11328
Avg 11216
S1 11032
S2 10920
S3 10736
Bank Nifty(Mar Fut)-Trading Strategy
H6 11441 Trgt 2
H5 11373 Trgt 1
H4 11306 Long breakout
H3 11225 Go Short
H2 11198
H1 11171
L1 11116
L2 11089
L3 11062 Long
L4 10981 Short Breakout
L5 10914 Trgt 1
L6 10846 Trgt 2
Pre-Closing Outlook(25-03-2013)
When most Asian markets were strong and SGX Nifty was more than 50 points up then also we were not Bullish and following conclusive lines were posted today at 08:55 AM in Correction completion confirmation after sustaining above 5672
positive opening will be seen in Indian markets and sustaining above following resistances will be strong indication of correction completion otherwise Bounce Back or Pull Back Rally will be understood.
When most European markets were trading with good gains after strong opening then also we were not Bullish and told for next moves confirmation through sustaining beyond 5682-5702.
Again fast slipping below 5672 and closing again below it will mean 3rd consecutive closing below Long Term Trend decider 200 Day EMA(5672) and high risk of Indian markets moving into Bear Grip.
positive opening will be seen in Indian markets and sustaining above following resistances will be strong indication of correction completion otherwise Bounce Back or Pull Back Rally will be understood.
When most European markets were trading with good gains after strong opening then also we were not Bullish and told for next moves confirmation through sustaining beyond 5682-5702.
Again fast slipping below 5672 and closing again below it will mean 3rd consecutive closing below Long Term Trend decider 200 Day EMA(5672) and high risk of Indian markets moving into Bear Grip.
Mid-session Outlook(25-03-2013)
Quiet market after gap up opening between 5682-5702 in last 4 hours,sustaining beyond this range will give confirmation to Wave 4 correction continuation or completion as well as that will give confirmation to survival of Long Term Trend(200 Day EMA-5672).
Correction completion confirmation after sustaining above 5672
Technical Analysis,Research & Weekly Outlook
(Mar 25 to Mar 28,2013)
Nifty-EOD Chart (22-Mar-2013):- |
| Just click on chart for its enlarged view |
1- 4531.15 on 20-12-2011(Wave-3 beginning after 13 Months Wave-2 correction completion)
2- Wave 1(5629.95 on 22-02-2012)
3- Wave 2(4770.35 on 04-06-2012)
4- Wave i(5348.55 on 10-07-2012)
5- Wave ii(5032.40 on 26-07-2012)
6- Wave iii(5815.35 on 05-10-2012)
7- Wave iv(5548.35 on 20-11-2012)
8- Wave v(6111.80 on 29-01-2013)
9- Wave 3 completion
10- Wave A(5663.60 on 04-03-2012)
11- Wave B(5971.20 on 11-03-2012)
12- Wave C bottom formation at 5631.80 on 22-03-2012
13- Wave 4 correction continuation
14- 200 Day EMA at 5672 on 22-03-2012
Conclusions from EOD chart analysis
'ABC' correction continuation after Wave v of Wave 3 completion. As correction continuation after 5 waves completion and its completion confirmation is required yet and following retracement levels of wave 3(4770-6111) should be firstly watched:-
13.0%- 5936(Corrected)
23.6%- 5794(Corrected)
27.0%- 5748(Corrected)
38.2%- 5598(Most crucial Levels)
50.0%- 5440(Most crucial Levels)
61.8%- 5282(Most crucial Levels)
70.7%- 5162
76.4%- 5086
78.6%- 5056
88.6%- 4922
Next supports are as follows:-
1- 5664
2- 5548
Wave C bottom formation at 5631.80 on 22-03-2012 and 27.0% has been completed. Previous 2 sessions closing below Long Term Trend decider 200 Day EMA(5672) and Wave 4 correction completion confirmation is requird yet therefore sustaining beyond 5672 should be firstly watched in next week for first indication of Wave C of Wave 4 completion.
Pre-open Outlook(25-03-2013)
Most Asian markets are strong today after US markets closing with good gains last Friday therefore positive opening will be seen in Indian markets and sustaining above following resistances will be strong indication of correction completion otherwise Bounce Back or Pull Back Rally will be understood.
1- 5676-5690
2- 5731-6777
3- 5820-5850
Live Proofs of our Accurate Predictions
1-We told at 11:28 AM- "bounce back expectations turned alive today"
2-We told at 01:22 PM-"bounce back expectations are still alive"
3-We told at 01:51 PM-"bounce back expectations are still alive"
4-We told at 02:18 PM-"bounce back expectations are still alive"
Just click on above mentioned time links and verify on yours own
Just click on above mentioned time links and verify on yours own
Not only yesterday but 'Archive' at the bottom of Blog' is live proof of more than hundreds of such accurate and miraculous predictions in last 3 years. Anyone can verify this facts anytime from the Blog 'Archive'.
Pre-Closing Outlook-2(22-03-2013)
As all the European market slipped fast after weak opening therefore Indian markets also broken down today lowest(5641) but today intraday patterns are showing good consolidations patterns therefore bounce back expectations are still alive and next immediate down moves will be considered only after sustaining below 5641.
Pre-Closing Outlook(22-03-2013)
Narrow range quiet market between 5641-5676 today with intraday consolidation patterns and some selling patterns indications also at higher levels but volatility also after weak opening of European markets. As intraday patterns are showing good consolidations patterns therefore bounce back expectations are still alive but some selling also at higher levels as well as Global markets weakness therefore valid break out today trading range will be next immediate move confirmation.
Mid-session Outlook-2(22-03-2013)
Although trading most time in Red during last 3 hours but intraday patterns are showing good consolidations patterns also therefore bounce back expectations are still alive.
Mid-session Outlook(22-03-2013)
Intraday recovery after lower levels consolidations but some selling patterns indications also in last half hour therefore both buying and selling positions between 5641-5676 today and follow up moves this range as well as its valid break out will be next immediate move confirmation.
Post-open Outlook(22-03-2013)
Most Global markets are weak but Indian markets traded most time in Green in first hour today therefore outperformed. First hour completely range bound trading between 5650-5676 but slipped and now trading in Red after forming new intraday low 10 minutes before. As intraday charts are showing consolidation indications therefore bounce back expectations turned alive today. Let on going down moves stop and develop the signals of Short Term Trend reversal some up moves will be considered.
Fresh shorting at these levels will be risky.
Fresh shorting at these levels will be risky.
Nifty(Mar Fut)- Intraday Trading levels , Strategy and Targets for 22-03-2013
Buy at or above:-5681
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1st Targets:5697
2nd Targets:5716
3rd Targets:5735
4th Targets:5754
-------------------------------
Stop Loss:5662
-------------------------------------------------
Sell at or below:-5662
-------------------------------
1st Targets:5646
2nd Targets:5627
3rd Targets:5609
4th Targets:5590
-------------------------------
Stop Loss:5681
-------------------------------------------------
Trading guidance:-
1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.
6- Firstly go through today Outlooks also for better profits and more accuracy.
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