Pre-open Outlook(06-06-2013)

Although deep down closing of US markets yesterday but Asian markets have not reacted in such Bearish manner and most are not so much down therefore sentiment is marginally depressed and firstly valid break out of yesterday trading range(5886-5934) should be firstly watched today for next trend confirmations because good supports were seen at the lower levels of this range yesterday.

Detailed analysis for today trading has already been updated in Technical Analysis and Market Outlook(06-06-2013) 

Correction in Previous Outlook

"Bullish Rising Wedge formation" has been written by mistake and right technical term is 

"Bullish Falling Wedge formation"

Technical Analysis and Market Outlook(06-06-2013)

Nifty-Intra Day Chart (05-Jun-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Down moves in Bullish Falling Channel with Bullish Rising Wedge formation within it.
2- Mixed Patterns between 5913-5934 in last more than 3 hours.
3- Whole day actual trading between 5886-5934

Conclusions from intra day chart analysis 

Firstly down moves in Bullish Falling Channel with Bullish Rising Wedge formation as well as out perormance against Global markets and up moves despite gap down weak opening of European markets with lower levels supports therefore clear signals of lower levels strength today but last more than 3 hours trading with Mixed Patterns formations therefore requirement of confirmations through following levels for immediate next moves.

1- As good supports above 5886 today therefore until Nifty will not sustain below it till then next down moves will not be considered.
2- Support between 5916-5932 on 03-06-2013 and supports seen below it today therefore valid break out above 5932 will be strong indication of on going correction completion.
3- Good selling between 5960-5981 on 04-06-2013 therefore correction completion confirmation will be only after sustaining above 5981.
4- Mixed Patterns between 5913-5934 in last more than 3 hours today and valid break out of this range will be next moves first indication.

Following line was told with calculation of 5841.10 on 03-06-2013 in Mid-session Outlook:-

on going Wave-C may retrace up to 5841.10(6133.75-292.65).

As good supports at lower level seen in previous sessions therefore breaking down  confirmation of above mentioned supports is also required for next down moves toward 5841.10

US markets are trading more than 1.25% down at this moment and such weak closing will mean high possibility of depressing Asian markets tomorrow morning and dampening of sentiments. Corrective Wave-C is already continued and such Bearish cues may drag down Indian market also but sustaining below 5886 should be firstly watched for next down moves confirmations because good supports above it in previous sessions. 

FII Trading Data in Derivatives Segment on 05-Jun-2013

FII & DII trading activity in Capital Market Segment on 05-Jun-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 05-Jun-2013 2305.86 2217.37 88.49

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 05-Jun-2013 790.34 890.09 -99.75

Nifty Spot-Levels & Trading Strategy for 06-06-2013

Nifty Spot-Levels

R3 5996.33
R2 5965.67
R1 5944.33
PIVOT 5913.67
S1 5892.33
S2 5861.67
S3 5840.33

Nifty Spot-Trading Strategy

H6 5975     Trgt 2
H5 5963     Trgt 1
H4 5951     Long breakout
H3 5937     Go Short
H2 5932
H1 5927
L1 5918
L2 5913
L3 5908     Long
L4 5894     Short Breakout
L5 5882     Trgt 1
L6 5870     Trgt 2

Nifty(Jun Fut)-Levels & Trading Strategy for 06-06-2013

Nifty(Jun Fut)-Levels

R3 6015
R2 5983
R1 5960
Avg 5928
S1 5905
S2 5873
S3 5850

Nifty(Jun Fut)-Trading Strategy

H6 5993     Trgt 2
H5 5980     Trgt 1
H4 5968     Long breakout
H3 5953     Go Short
H2 5948
H1 5943
L1 5932
L2 5927
L3 5922     Long
L4 5907     Short Breakout
L5 5895     Trgt 1
L6 5882     Trgt 2

Bank Nifty(Jun Fut)-Levels & Trading Strategy for 06-06-2013

Bank Nifty(Jun Fut)-Levels

R3 12532
R2 12448
R1 12379
Avg 12295
S1 12226
S2 12142
S3 12073

Bank Nifty(Jun Fut)-Trading Strategy

H6  12464    Trgt 2
H5  12429    Trgt 1
H4  12394    Long breakout
H3  12352    Go Short
H2  12338
H1  12324
L1  12295
L2  12281
L3  12267    Long
L4  12225    Short Breakout
L5  12190    Trgt 1
L6  12155    Trgt 2

Mid-session Outlook-3(05-06-2013)

When Indian markets were near lower levels today then following lines were told in Mid-session Outlook:-

1- Indian markets are out performing today and trading only .30% down as well as Mid cap and Small cap Indices are in Green.
2- Indian markets are outperforming today therefore valid break of today trading range(5883-5921) should be firstly watched for next immediate moves confirmations.

Last 1 hour intraday charts are showing consolidation patterns formations therefore high possibility of correction completion today and confirmation will be after sustaining above 5932.

Mid-session Outlook-2(05-06-2013)

As Indian markets were out performing global markets today therefore following conclusive lines were told in previous Outlook:-

"valid break of today trading range(5883-5921) should be firstly watched for next immediate moves confirmations"

Nifty is now trading above 5921 and sustaining above it will be first indication of on going correction completion because last 30 minutes up moves may be Short covering rally and intraday volatility also. 

Correction completion confirmation will be after sustaining above next support range(916-5932) in which Nifty is now trading.

Mid-session Outlook(05-06-2013)

Global markets are showing depressed mood because Dow's Futures is 36 points down after negative closing yesterday and almost all the Asian markets are in Red and some are more than 1% down but Indian markets are out performing today and trading only .30% down as well as Mid cap and Small cap Indices are in Green.

Some recovery seen from lower levels but could not sustain at higher levels and now trading below 5900. Previous support range(5916-5932) broken down and most time trading below it. Although view is still Bearish but Indian markets are outperforming today therefore valid break of today trading range(5883-5921) should be firstly watched for next immediate moves confirmations.

Live Proofs of Profits and the Best Services in Indian Stock Markets

Following Line was told yesterday at 10:48 AM:- 

Selling patterns formations today

Following call was sent to paid clients yesterday at 11:34:43 AM:- 

NIFTY-Jun Fut-Sell and/or Jun PE(5900-6000)-Buy-Positional-SL-6008 & TGT-5946-CMP-5984(Jun Fut-Rates are given for all trading)(Lalit39)

Following covering message was sent to paid clients yesterday at 02:59:27 PM:- 

NIFTY Jun F&O(Shorted on 04-06-2013)-Cover and book profit immediately-CMP-5932(Lalit39)

We always send all trades through 2 websites and other guidances regarding all trades from 1 website therefore following 2 messages were also sent:-

1- At 02:30:55 PM:-NIFTY Jun F&O(Shorted on 04-06-2013)-Good selling at higher levels today and market is down.Hold and cover only after my covering message(Lalit39)
2- At 02:32:48 PM:-NIFTY Jun F&O(Shorted on 04-06-2013)-Target will be achieved but Hold and cover only after my covering message(Lalit39)

Picture of NIFTY Jun F&O-shorting,guidances,covering SMS which were sent to our clients yesterday from 1st website:-

Just click on above picture for enlarged view of SMS sent to paid clients

Picture of NIFTY Jun F&O-shorting,covering SMS which were sent to our clients yesterday from 2nd website:-

Just click on above picture for enlarged view of SMS sent to paid clients

If unable to read  text in above picture then:-

1- Firstly click on above SMS picture and enlarge it.
2- Save picture on yours desktop.
3- Open and again enlarge the picture in Windows Picture Viewer.

Only 2 following information are deleted in above Picture due to official secrecy rules:-

1- Numbers of sent SMS.
2- SMS sending Website name.

We always talk with only those proofs which no one can deny therefore live proofs have been updated and even though if anyone has any doubt then may call us and then he will be given the Mobile Numbers of those who enjoyed profits from any part in India.

Technical Analysis and Market Outlook(05-06-2013)

Nifty-Intra Day Chart (Jun 03 to Jun 042013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 2 Sessions intraday charts

1- Support between 5916-5932 on 03-06-2013.
2- Good selling between 5960-5981 on 04-06-2013.
3- 2 Sessions actual trading between 5911-6011. 

Conclusions from 2 Sessions intra day chart analysis 

Lower levels buying on 03-06-2013 but higher levels good selling also on 04-06-2013 therefore high possibility of down moves toward 5841.10 in the coming sessions. Following line was told with calculation of 5841.10 on 03-06-2013 in Mid-session Outlook:-

on going Wave-C may retrace up to 5841.10(6133.75-292.65).

Pre-open Outlook(05-06-2013)

As negative closing in US markets yesterday therefore negative zone trading in being seen in Asian markets today and sentiment turned weak therefore Red opening will be seen in Indian markets. As already good selling yesterday therefore high possibility of slipping toward 5841.10.

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

FII & DII trading activity in Capital Market Segment on 04-Jun-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-Jun-2013 2434.43 2349.64 84.79

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 04-Jun-2013 802.98 1019.43 -216.45

Nifty Spot-Levels & Trading Strategy for 05-06-2013

Nifty Spot-Levels

R3 6034
R2 6007
R1 5963
Avg 5936
S1 5892
S2 5865
S3 5821

Nifty Spot-Trading Strategy

H6 5990     Trgt 2
H5 5974     Trgt 1
H4 5958     Long breakout
H3 5938     Go Short
H2 5932
H1 5925
L1 5912
L2 5905
L3 5899     Long
L4 5879     Short Breakout
L5 5863     Trgt 1
L6 5847     Trgt 2

Nifty(Jun Fut)-Levels & Trading Strategy for 05-06-2013

Nifty(Jun Fut)-Levels

R3 6050
R2 6022
R1 5977
Avg 5949
S1 5904
S2 5876
S3 5831

Nifty(Jun Fut)-Trading Strategy

H6 6005     Trgt 2
H5 5988     Trgt 1
H4 5972     Long breakout
H3 5952     Go Short
H2 5945
H1 5938
L1 5925
L2 5918
L3 5911     Long
L4 5891     Short Breakout
L5 5875     Trgt 1
L6 5858    Trgt 2

Bank Nifty(Jun Fut)-Levels & Trading Strategy for 05-06-2013

Bank Nifty(Jun Fut)-Levels

R3 12727
R2 12626
R1 12456
Avg 12355
S1 12185
S2 12084
S3 11914

Bank Nifty(Jun Fut)-Trading Strategy

H6 12558     Trgt 2
H5 12497     Trgt 1
H4 12436     Long breakout
H3 12361     Go Short
H2 12336
H1 12311
L1 12262
L2 12237
L3 12212     Long
L4 12137     Short Breakout
L5 12076     Trgt 1
L6 12015     Trgt 2

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.

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:-

"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.