As we talk with only those proofs which no one can deny therefore live proofs of our NIFTY F&O selling call with good profits will be updated very shortly.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Pre-Closing Outlook(04-06-2013)
As soon as intraday charts showed selling patterns then it was updated at 10:48:00 AM when Nifty was trading in Green near today higher levels and following line was told:-
Good selling at higher levels today Nifty is now trading between next support range(5916-5932) and once valid break down below will mean sharp down toward 5841.10.
"Selling patterns formations today"
Good selling at higher levels today Nifty is now trading between next support range(5916-5932) and once valid break down below will mean sharp down toward 5841.10.
Mid-session Outlook(04-06-2013)
Selling patterns formations today and next up moves will be considered only after sustaining above 5982.
Post-open Outlook(04-06-2013)
Following lines were told at 07:50 AM in previous Outlook today:-
As Supports at lower levels after more than 4 hours down moves in Bullish falling channel therefore an indication of up moves
Up moves were indicated and Nifty is now more than .65% up. Strong resistances are above 6070 and next trading range in which market will prepare for next trend is 5916-6070,let market prepare for next moves then will be updated according intraday charts formations.
As Supports at lower levels after more than 4 hours down moves in Bullish falling channel therefore an indication of up moves
Up moves were indicated and Nifty is now more than .65% up. Strong resistances are above 6070 and next trading range in which market will prepare for next trend is 5916-6070,let market prepare for next moves then will be updated according intraday charts formations.
Technical Analysis and Market Outlook(04-06-2013)
Nifty-Intra Day Chart (03-Jun-2013):-
Technical Patterns and Formations in today intraday charts
1- Firstly more than 4 hours down moves in Bullish falling channel
2- Support between 5916-5932
3- Whole day actual trading between 5916-5977
As Supports at lower levels after more than 4 hours down moves in Bullish falling channel therefore an indication of up moves and correction completion also but confirmation is must through sustaining above yesterday lowest(5916).
Follow up moves after lower levels yesterday supports and sustaining beyond 5916 should be firstly watched today for corrective Wave-C continuation/completion.
Pre-open Outlook(04-06-2013)
Asian markets are almost flat today morning despite good up moves in US markets yesterday therefore sentiment is quiet and firstly quiet market is expected. As lower levels consolidation and supports yesterday therefore firstly sustaining beyond yesterday lowest(5916) should be watched for:-
1- Above 5916- Correction completion.
2- Below 5916- Correction continuation toward next immediate target(5841.10)
 |
| Just click on chart for its enlarged view |
1- Firstly more than 4 hours down moves in Bullish falling channel
2- Support between 5916-5932
3- Whole day actual trading between 5916-5977
Conclusions from intra day chart analysis
As Supports at lower levels after more than 4 hours down moves in Bullish falling channel therefore an indication of up moves and correction completion also but confirmation is must through sustaining above yesterday lowest(5916).
Follow up moves after lower levels yesterday supports and sustaining beyond 5916 should be firstly watched today for corrective Wave-C continuation/completion.
Pre-open Outlook(04-06-2013)
Asian markets are almost flat today morning despite good up moves in US markets yesterday therefore sentiment is quiet and firstly quiet market is expected. As lower levels consolidation and supports yesterday therefore firstly sustaining beyond yesterday lowest(5916) should be watched for:-
1- Above 5916- Correction completion.
2- Below 5916- Correction continuation toward next immediate target(5841.10)
Nifty Spot-Levels & Trading Strategy for 04-06-2013
Nifty Spot-Levels
R3 6089
R2 6050
R1 5994
Avg 5955
S1 5899
S2 5860
S3 5804
Nifty Spot-Trading Strategy
H6 6034 Trgt 2
H5 6012 Trgt 1
H4 5991 Long breakout
H3 5965 Go Short
H2 5956
H1 5947
L1 5930
L2 5921
L3 5912 Long
L4 5886 Short Breakout
L5 5865 Trgt 1
L6 5843 Trgt 2
R3 6089
R2 6050
R1 5994
Avg 5955
S1 5899
S2 5860
S3 5804
Nifty Spot-Trading Strategy
H6 6034 Trgt 2
H5 6012 Trgt 1
H4 5991 Long breakout
H3 5965 Go Short
H2 5956
H1 5947
L1 5930
L2 5921
L3 5912 Long
L4 5886 Short Breakout
L5 5865 Trgt 1
L6 5843 Trgt 2
Nifty(Jun Fut)-Levels & Trading Strategy for 04-06-2013
Nifty(Jun Fut)-Levels
R3 6091
R2 6051
R1 6005
Avg 5965
S1 5919
S2 5879
S3 5833
Nifty(Jun Fut)-Trading Strategy
H6 6045 Trgt 2
H5 6025 Trgt 1
H4 6006 Long breakout
H3 5982 Go Short
H2 5974
H1 5966
L1 5951
L2 5943
L3 5935 Long
L4 5911 Short Breakout
L5 5892 Trgt 1
L6 5872 Trgt 2
R3 6091
R2 6051
R1 6005
Avg 5965
S1 5919
S2 5879
S3 5833
Nifty(Jun Fut)-Trading Strategy
H6 6045 Trgt 2
H5 6025 Trgt 1
H4 6006 Long breakout
H3 5982 Go Short
H2 5974
H1 5966
L1 5951
L2 5943
L3 5935 Long
L4 5911 Short Breakout
L5 5892 Trgt 1
L6 5872 Trgt 2
Bank Nifty(Jun Fut)-Levels & Trading Strategy for 04-06-2013
Bank Nifty(Jun Fut)-Levels
R3 12731
R2 12630
R1 12523
Avg 12422
S1 12315
S2 12214
S3 12107
Bank Nifty(Jun Fut)-Trading Strategy
H6 12626 Trgt 2
H5 12579 Trgt 1
H4 12531 Long breakout
H3 12474 Go Short
H2 12455
H1 12436
L1 12397
L2 12378
L3 12359 Long
L4 12302 Short Breakout
L5 12254 Trgt 1
L6 12207 Trgt 2
R3 12731
R2 12630
R1 12523
Avg 12422
S1 12315
S2 12214
S3 12107
Bank Nifty(Jun Fut)-Trading Strategy
H6 12626 Trgt 2
H5 12579 Trgt 1
H4 12531 Long breakout
H3 12474 Go Short
H2 12455
H1 12436
L1 12397
L2 12378
L3 12359 Long
L4 12302 Short Breakout
L5 12254 Trgt 1
L6 12207 Trgt 2
Pre-Closing Outlook(03-06-2013)
Whole day down moves in Bullish falling channel some supports at lower levels also therefore follow up moves and sustaining beyond today lowest(5916.35) should be firstly watched tomorrow for next immediate move confirmations.
Live proof of 100% Accurate Predictions
Following line was told at 12:04:00 PM on 31-05-2013 in Mid-session Outlook
Wave-C beginning toward lower levels below Wave-A(5936.80)
Today lowest formation is at 5928.25
Just click following topic link and verify on yours own
Mid-session Outlook(03-06-2013)
Corrective Wave-C of corrective 'ABC' continuation after Impulsive Wave-B completion at 6133.75 on 30-05-2013. Corrective Wave-A retraced 292.65 points and its almost 100% retracement is possible therefore on going Wave-C may retrace up to 5841.10(6133.75-292.65).
As good news for INFY therefore it was more than 7% up and resultant positive zone trading immediately after opening today but follow up selling developed and slipping from higher levels.
More down moves are expected and possibility of above mentioned level(5841.10) testing is alive.
As good news for INFY therefore it was more than 7% up and resultant positive zone trading immediately after opening today but follow up selling developed and slipping from higher levels.
More down moves are expected and possibility of above mentioned level(5841.10) testing is alive.
Pre-Closing Outlook(31-05-2013)
 |
| DEAD BULL |
strong resistances are lying between 6130-6180
Nifty could not close above 5930 and sharply down today. As such down moves were understood therefore it was updated in both previous Outlooks and repeating follow line from Mid-session Outlook(31-05-2013) for next expected moves:-
Wave-C beginning toward lower levels below Wave-A(5936.80)
Mid-session Outlook(31-05-2013)
Last 3 sessions range broken down today after RBI Governor worries on weakening Indian Rupee yesterday. 'ABC' correction is on and today almost confirmations of corrective Wave-C beginning toward lower levels below Wave-A(5936.80).
As 3 previous sessions range broken down after negative news therefore only sustaining below the lowest(6056) of 3 sessions should be watched for confirmations. As per our view possibility of sustaining below 6056 is high.
As 3 previous sessions range broken down after negative news therefore only sustaining below the lowest(6056) of 3 sessions should be watched for confirmations. As per our view possibility of sustaining below 6056 is high.
Post-open Outlook(31-05-2013)
Clear weakness and now high possibility of slipping below previous 3 sessions lowest
Technical Analysis and Market Outlook(31-05-2013)
Nifty-Intra Day Chart (30-May-2013):-
Technical Patterns and Formations in today intraday charts
1- Sideways trading with mixed patterns between 6079-6110 up to 3:00 PM
2- Firstly sharp up and some volatility in last half hour.
3- Whole day actual trading between 6079-6133
Impulsive Wave-B of corrective 'ABC' continuation and closing at its top yesterday but after almost 6 hours mixed patterns formations trading. As most time trading between 6056-6127 in last 3 sessions with mixed trading patterns therefore technically market is not prepared for any side decisive moves and will again prepare for next moves near about mentioned range(6056-6127) despite closing at the top of last 3 days yesterday.
As strong resistances are lying between 6130-6180 therefore complete consolidation is required for sustaining above 6180. Last 3 sessions trading range is just below it,follow up selling in the coming sessions and once slipping below 6056 will mean steep fall also. As sideways market is expected in the coming session and next move preparation will be seen between 6056-6180 therefore its valid break out should be firstly watched for big trend confirmations.
 |
| Just click on chart for its enlarged view |
1- Sideways trading with mixed patterns between 6079-6110 up to 3:00 PM
2- Firstly sharp up and some volatility in last half hour.
3- Whole day actual trading between 6079-6133
Conclusions from intra day chart analysis
Impulsive Wave-B of corrective 'ABC' continuation and closing at its top yesterday but after almost 6 hours mixed patterns formations trading. As most time trading between 6056-6127 in last 3 sessions with mixed trading patterns therefore technically market is not prepared for any side decisive moves and will again prepare for next moves near about mentioned range(6056-6127) despite closing at the top of last 3 days yesterday.
As strong resistances are lying between 6130-6180 therefore complete consolidation is required for sustaining above 6180. Last 3 sessions trading range is just below it,follow up selling in the coming sessions and once slipping below 6056 will mean steep fall also. As sideways market is expected in the coming session and next move preparation will be seen between 6056-6180 therefore its valid break out should be firstly watched for big trend confirmations.
FII & DII trading activity in Capital Market Segment on 30-May-2013
| ||||||||||||||||
| ||||||||||||||||
Nifty Spot-Levels & Trading Strategy for 31-05-2013
Nifty Spot-Levels
R3 6208
R2 6170
R1 6147
Avg 6109
S1 6086
S2 6048
S3 6025
Nifty Spot-Trading Strategy
H6 6185 Trgt 2
H5 6171 Trgt 1
H4 6157 Long breakout
H3 6140 Go Short
H2 6135
H1 6129
L1 6118
L2 6112
L3 6107 Long
L4 6090 Short Breakout
L5 6076 Trgt 1
L6 6062 Trgt 2
R3 6208
R2 6170
R1 6147
Avg 6109
S1 6086
S2 6048
S3 6025
Nifty Spot-Trading Strategy
H6 6185 Trgt 2
H5 6171 Trgt 1
H4 6157 Long breakout
H3 6140 Go Short
H2 6135
H1 6129
L1 6118
L2 6112
L3 6107 Long
L4 6090 Short Breakout
L5 6076 Trgt 1
L6 6062 Trgt 2
Nifty(Jun Fut)-Levels & Trading Strategy for 31-05-2013
Nifty(Jun Fut)-Levels
R3 6217
R2 6180
R1 6155
Avg 6118
S1 6093
S2 6056
S3 6031
Nifty(Jun Fut)-Trading Strategy
H6 6193 Trgt 2
H5 6179 Trgt 1
H4 6165 Long breakout
H3 6148 Go Short
H2 6142
H1 6136
L1 6125
L2 6119
L3 6113 Long
L4 6096 Short Breakout
L5 6082 Trgt 1
L6 6068 Trgt 2
R3 6217
R2 6180
R1 6155
Avg 6118
S1 6093
S2 6056
S3 6031
Nifty(Jun Fut)-Trading Strategy
H6 6193 Trgt 2
H5 6179 Trgt 1
H4 6165 Long breakout
H3 6148 Go Short
H2 6142
H1 6136
L1 6125
L2 6119
L3 6113 Long
L4 6096 Short Breakout
L5 6082 Trgt 1
L6 6068 Trgt 2
Subscribe to:
Posts (Atom)