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Nifty Spot-Levels & Trading Strategy for 14-06-2013
Nifty Spot-Levels
R3 5770
R2 5749
R1 5724
Avg 5703
S1 5678
S2 5657
S3 5632
Nifty Spot-Trading Strategy
H6 5745 Trgt 2
H5 5734 Trgt 1
H4 5724 Long breakout
H3 5711 Go Short
H2 5707
H1 5703
L1 5694
L2 5690
L3 5686 Long
L4 5673 Short Breakout
L5 5663 Trgt 1
L6 5652 Trgt 2
R3 5770
R2 5749
R1 5724
Avg 5703
S1 5678
S2 5657
S3 5632
Nifty Spot-Trading Strategy
H6 5745 Trgt 2
H5 5734 Trgt 1
H4 5724 Long breakout
H3 5711 Go Short
H2 5707
H1 5703
L1 5694
L2 5690
L3 5686 Long
L4 5673 Short Breakout
L5 5663 Trgt 1
L6 5652 Trgt 2
Nifty(Jun Fut)-Levels & Trading Strategy for 14-06-2013
Nifty(Jun Fut)-Levels
R3 5777
R2 5757
R1 5731
Avg 5711
S1 5685
S2 5665
S3 5639
Nifty(Jun Fut)-Trading Strategy
H6 5751 Trgt 2
H5 5740 Trgt 1
H4 5730 Long breakout
H3 5717 Go Short
H2 5713
H1 5709
L1 5700
L2 5696
L3 5692 Long
L4 5679 Short Breakout
L5 5669 Trgt 1
L6 5658 Trgt 2
R3 5777
R2 5757
R1 5731
Avg 5711
S1 5685
S2 5665
S3 5639
Nifty(Jun Fut)-Trading Strategy
H6 5751 Trgt 2
H5 5740 Trgt 1
H4 5730 Long breakout
H3 5717 Go Short
H2 5713
H1 5709
L1 5700
L2 5696
L3 5692 Long
L4 5679 Short Breakout
L5 5669 Trgt 1
L6 5658 Trgt 2
Bank Nifty(Jun Fut)-Levels & Trading Strategy for 14-06-2013
Bank Nifty(Jun Fut)-Levels
R3 11945
R2 11887
R1 11803
Avg 11745
S1 11661
S2 11603
S3 11519
Bank Nifty(Jun Fut)-Trading Strategy
H6 11861 Trgt 2
H5 11829 Trgt 1
H4 11797 Long breakout
H3 11758 Go Short
H2 11745
H1 11732
L1 11705
L2 11692
L3 11679 Long
L4 11640 Short Breakout
L5 11608 Trgt 1
L6 11576 Trgt 2
R3 11945
R2 11887
R1 11803
Avg 11745
S1 11661
S2 11603
S3 11519
Bank Nifty(Jun Fut)-Trading Strategy
H6 11861 Trgt 2
H5 11829 Trgt 1
H4 11797 Long breakout
H3 11758 Go Short
H2 11745
H1 11732
L1 11705
L2 11692
L3 11679 Long
L4 11640 Short Breakout
L5 11608 Trgt 1
L6 11576 Trgt 2
Pre-Closing Outlook(13-06-2013)
Whole day range bound trading under most depressed sentiments after gap down opening with higher levels selling and lower levels good consolidations. As lower levels good consolidations and supports today therefore final conclusions regarding 200 Day EMA breaking down confirmations are being reconsidered and follow up moves as well as today trading range break out will also be firstly watched for confirmations.
At present view is neither Bullish nor Bearish and will be according to valid break out of today trading range.
At present view is neither Bullish nor Bearish and will be according to valid break out of today trading range.
Mid-session Outlook-2(13-06-2013)
Sentiment is highly depressed today and indicators are oversold in Daily charts therefore a bounce back and intraday volatility is possible. As supports at lower levels therefore its possibility will be considered now.
Mid-session Outlook(13-06-2013)
Although 3% down or 3 sessions closing below 200 Day EMA is required for its breaking down confirmations but we try to get it earlier through follow up technical positions beyond it. As follow up selling seen at higher levels today after Indian Rupee turning more than 1% down and crashing all Global markets therefore gave breaking down confirmations of 200 Day EMA.
Post-open Outlook(13-06-2013)
All the Asian markets are 1.20% to 5.50% down but Indian markets are out performing and Nifty is only .80% down today because whole day good consolidations yesterday. As sentiment is completely depressed therefore follow up moves will be firstly watched today because Long Term Trend is at stake and once confirmation of sustaining below 200 Day EMA(5766) will mean big fall also. Let its breaking down confirmation come then will be updated accordingly.
Pre-open Outlook(13-06-2013)
Crashing Global markets and completely depressed sentiment today morning therefore gap down opening will be seen in Indian markets and most time negative zone trading may also be seen today but intraday charts of yesterday showed consolidation patterns formations therefore until follow up selling will not develop and Nifty will not sustain below yesterday lowest(5741) till then more down moves will not be considered.
Technical Analysis and Market Outlook(13-06-2013)
Nifty-Intra Day Chart (12-Jun-2013):-
Technical Patterns and Formations in today intraday charts
1- Consolidation Patterns and supports between 5741-5757
2- Down moves in Bullish Falling Channel.
3- Mixed Patterns between 5775-5792
4- Whole day actual trading between 5741-5792
Whole day narrow range quiet trading with lower levels consolidation Patterns and supports and down moves in Bullish Falling channels. As mixed Patterns formations st higher levels therefore today trading range valid break out is required for next immediate moves confirmations but whole day intraday patterns are showing consolidations and Bullish formations therefore high possibility of up moves above today highest(5792) tomorrow.
Just click on chart for its enlarged view |
1- Consolidation Patterns and supports between 5741-5757
2- Down moves in Bullish Falling Channel.
3- Mixed Patterns between 5775-5792
4- Whole day actual trading between 5741-5792
Conclusions from intra day chart analysis
Whole day narrow range quiet trading with lower levels consolidation Patterns and supports and down moves in Bullish Falling channels. As mixed Patterns formations st higher levels therefore today trading range valid break out is required for next immediate moves confirmations but whole day intraday patterns are showing consolidations and Bullish formations therefore high possibility of up moves above today highest(5792) tomorrow.
FII & DII trading activity in Capital Market Segment on 12-Jun-2013
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Nifty Spot-Levels & Trading Strategy for 13-06-2013
Nifty Spot-Levels
R3 5842
R2 5817
R1 5788
Avg 5763
S1 5734
S2 5709
S3 5680
Nifty Spot-Trading Strategy
H6 5814 Trgt 2
H5 5801 Trgt 1
H4 5789 Long breakout
H3 5774 Go Short
H2 5769
H1 5764
L1 5755
L2 5750
L3 5745 Long
L4 5730 Short Breakout
L5 5718 Trgt 1
L6 5705 Trgt 2
R3 5842
R2 5817
R1 5788
Avg 5763
S1 5734
S2 5709
S3 5680
Nifty Spot-Trading Strategy
H6 5814 Trgt 2
H5 5801 Trgt 1
H4 5789 Long breakout
H3 5774 Go Short
H2 5769
H1 5764
L1 5755
L2 5750
L3 5745 Long
L4 5730 Short Breakout
L5 5718 Trgt 1
L6 5705 Trgt 2
Nifty(Jun Fut)-Levels & Trading Strategy for 13-06-2013
Nifty(Jun Fut)-Levels
R3 5864
R2 5836
R1 5803
Avg 5775
S1 5742
S2 5714
S3 5681
Nifty(Jun Fut)-Trading Strategy
H6 5832 Trgt 2
H5 5818 Trgt 1
H4 5804 Long breakout
H3 5787 Go Short
H2 5782
H1 5776
L1 5765
L2 5759
L3 5754 Long
L4 5737 Short Breakout
L5 5723 Trgt 1
L6 5709 Trgt 2
R3 5864
R2 5836
R1 5803
Avg 5775
S1 5742
S2 5714
S3 5681
Nifty(Jun Fut)-Trading Strategy
H6 5832 Trgt 2
H5 5818 Trgt 1
H4 5804 Long breakout
H3 5787 Go Short
H2 5782
H1 5776
L1 5765
L2 5759
L3 5754 Long
L4 5737 Short Breakout
L5 5723 Trgt 1
L6 5709 Trgt 2
Bank Nifty(Jun Fut)-Levels & Trading Strategy for 13-06-2013
Bank Nifty(Jun Fut)-Levels
R3 12088
R2 11996
R1 11905
Avg 11813
S1 11722
S2 11630
S3 11539
Bank Nifty(Jun Fut)-Trading Strategy
H6 11998 Trgt 2
H5 11956 Trgt 1
H4 11914 Long breakout
H3 11864 Go Short
H2 11847
H1 11830
L1 11797
L2 11780
L3 11763 Long
L4 11713 Short Breakout
L5 11671 Trgt 1
L6 11629 Trgt 2
R3 12088
R2 11996
R1 11905
Avg 11813
S1 11722
S2 11630
S3 11539
Bank Nifty(Jun Fut)-Trading Strategy
H6 11998 Trgt 2
H5 11956 Trgt 1
H4 11914 Long breakout
H3 11864 Go Short
H2 11847
H1 11830
L1 11797
L2 11780
L3 11763 Long
L4 11713 Short Breakout
L5 11671 Trgt 1
L6 11629 Trgt 2
Pre-Closing Outlook(12-06-2013)
Only consolidations and Sustaining beyond 5767 told in all the previous Outlooks today and result is clear that market recovered from lower levels and whole day hovered around 5767. Nifty traded whole day between 5739-5792 with lower levels supports and mixed patterns formations in last 2 hours,
Until Nifty will not sustain below 5767/5739 till then next down move will not be considered and next moves confirmations will be sustaining beyond today trading range(5739-5792)
Until Nifty will not sustain below 5767/5739 till then next down move will not be considered and next moves confirmations will be sustaining beyond today trading range(5739-5792)
Mid-session Outlook-2(12-06-2013)
Whole day negative zone trading after gap down opening and hovering around Long Term Trend decider 200-Days EMA(5767) but consolidation patterns formations seen today therefore following lines are being repeated which were told today in Post-open Outlook:-
Sustaining beyond 5767 should be firstly watched now for next trend confirmations.
Sustaining beyond 5767 should be firstly watched now for next trend confirmations.
Mid-session Outlook(12-06-2013)
IIP numbers and CPI data negatively surprised today and after this sustaining below 200-Days EMA(today 5767) will mean more deep down moves. As steep fall not seen immediately after announcements therefore sustaining beyond 5767 should be firstly watched today for Long Term Trend confirmations.
Post-open Outlook(12-06-2013)
Long Terms Trend decider 200-Days EMA is at 5767 today and it has been tested today through lowest formation at 5756.10. As intraday consolidation patterns with lower levels support seen today therefore until fresh selling will not develop as well as Nifty will not sustain below 5767 till then next down moves will not be considered. Although deep down moves were seen yesterday but intraday charts showed consolidation patterns indications therefore if follow up buying develop in the coming hours then correction completion will be considered near 200-Days EMA.
Sustaining beyond 5767 should be firstly watched now for next trend confirmations.
Sustaining beyond 5767 should be firstly watched now for next trend confirmations.
Following line was told yesterday in Technical Analysis and Market Outlook(11-06-2013)
correction continuation after slipping and sustaining below today lowest(5857)
Following line was told at 01:10 AM on 10-06-2013 in "Correction continuation below 5841 after Bearish pattern broken down confirmations"
high possibility of slipping below next broader support range 5841-5900 in next 2/3 sessions
Our both above predictions proved 100% accurate and today lowest formation at 5810.20.
Just click above topic links and verify on yours own as well as understand technical reasons of today down moves
Just click above topic links and verify on yours own as well as understand technical reasons of today down moves
Not only today but our Blog is full of such 100% accurate Indian Stock Market daily predictions for the last more than 3 years Anyone can verify any time from Blog Archieve at the bottom of this Blog.
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