Technical Analysis and Market Outlook(05-03-2014)

Nifty-Intra Day Chart (04-Mar-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 6223-6246
2- Up moves but without force
3- Bearish Rising Wedge formations in last 2 hours
4- Whole day actual trading between 6223-6302

Conclusions from intra day chart analysis 

Firstly lower levels good consolidation and after that strong up moves because Russian President Putin ordered for the withdrawal of army from Ukraine and resultant Dow's Futures also sharply surged more than 100 points. Although today closing near the higher levels of today but selling patterns also developed at higher levels through without force up moves and Bearish Rising Wedge formations in last 2 hours therefore emergence of very short term correction possibility in the coming sessions before fresh rally above 6300/6358. Next resistances are as follows:-

1- 6320-6358
2- 6350-6380

Today closing near 6300 with Bearish patterns formations just below it and next resistances are just above it between 6320-6380 therefore complete consolidation is required for any decisive moves above 6380. Expected that Nifty will trade and prepare for next decisive moves between 6270-6380 in the coming sessions and follow up positions formations between this range will decide following next trends:-

1- Valid break out above 6380 will mean strong rally and new all time high formation.
2- Valid break down below 6270 will mean minimum Short Term correction and Range bound market between 5934-6380.

Pre-closing Outlook(04-03-2014)

As positive news from Ukraine therefore Global markets rally and participation of Indian markets as well. First resistance of following next resistances has been crossed:-

1- 6265-6292
2- 6320-6358
3- 6350-6380

All trends are up and Bullish rally continuation as well as 6300 has been retested today but Short Term Indicators have been overbought therefore very short term correction may be seen in the coming sessions before fresh rally above 6300/6358.

Mid-session Outlook(04-03-2014)

As Russian President Putin ordered for the withdrawal of army from Ukraine therefore sharp 100 points surge in Dow's Futures and that now trading 140 points up as well as strong recovery in Indian markets from lower levels. Following conclusive line was told on 02-03-2014 in Rally Continuation after Very Short Term Correction:-

Expected that finally previous weeks started rally will remain continued in the coming weeks but after Short term correction in the beginning of next week.

Only very Short Term was expected and it is completed after yesterday fall because lower levels good consolidation seen today, its confirmation will be after sustaining above yesterday selling range(6246-6276)

Post-open Outlook(04-03-2014)

As most Asian markets are trading in Green therefore positive opening in Indian markets and firstly sustaining beyond 6213-6226 should be firstly watched today because Nifty traded between this range in last more than 1 hour yesterday with some selling indications. Follow up moves and finally sustaining beyond this range will decide the life of yesterday started correction.

Live Proofs of Profits,Perfect Timing and the Best Services of Indian Stock Markets to Our Paid Clients

As we were Bearish therefore we posted following Weekly Analysis topic on 02-03-2013:-

Rally Continuation after Very Short Term Correction

As we were confirm for today down moves therefore when Nifty was trading near the higher of the day on 03-03-2013 then we sent following call,guidance and covering SMS to our paid clients:-

1- At 09:46 AM:-  NIFTY-Mar PE(6200)-Buy-Positional--SL-44 & TGT-74-CMP-56 NIFTY-Mar Fut-Sell-Positional-SL-6306 & TGT-6229-CMP-6278(Fut rates are given for all trading)(Lalit39)

2- At 01:18 PM:-  NIFTY Mar F&O(Shorted on 03-03-2014)-PE is near target but Just hold and cover after my covering message with trailling SL of PE at 64 & Fut at 6264(Lalit39)

3- At 02:06 PM:-  NIFTY Mar F&O(Shorted on 03-03-2014)-Both Targets achieved,Cover and book profit immediately-CMP Fut-6232/CMP PE-78(Lalit39)

As we always talk with those proofs which no one can deny therefore updating following picture of above SMS sent to our paid clients:-

Website Picture(Trading message):-

Just click on above picture for enlarged view of those SMS which were 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 SMS 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(04-03-2014)

Nifty-Intra Day Chart (03-Mar-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 6246-6276
2- Last more than 1 hour trading between 6213-6226 with selling indications. 
3- Whole day actual trading between 6213-6276

Conclusions from intra day chart analysis 

Firstly higher levels selling and then down moves as well as closing near the lowest of the day with some selling indications in last hour also today therefore some more down moves possibility towards next support range(6177-6192) and sustaining beyond this range should be first watched tomorrow for next trend confirmations. 

Pre-closing Outlook(03-03-2014)

Whatsoever down moves seen today all that were updated yesterday in previous Outlook and now sustaining beyond next support range(6177-6192) should be watched for next very short Term trend confirmations.

Proofs of our accurate Levels

1- Following line was told on 23-02-2014 in Bullish Rally continuation

Expected that finally up moves toward 6265 will be seen after follow up consolidation in next week.

As was told same happened and Nifty closed at 6,276.95 after highest formation at 6,282.70 last Friday

2- Following lines were told yesterday in Rally Continuation after Very Short Term Correction

slipping possibilities below the lowest of the day(6229)

As was told all that proved 100% accurate today and Nifty  lowest of today is at 6212.25 

Live Proofs of Indian Stock Markets 100% Accurate Predictions

Following lines were told yesterday in Rally Continuation after Very Short Term Correction

1- slipping possibilities below the lowest of the day(6229) despite closing near the highest of the day on 28-02-2014
2- emergence of very short term down possibility in the beginning of next week
3- Short term correction in the beginning of next week.

As was told all that proved 100% accurate today and Nifty is 59 points down with lowest at this moment is at 6216.45 

Except this we sent Nifty selling and Put Option buying call also to our paid clients  near the higher levels of today, its live proofs will also be updated before the opening of tomorrow market.

Rally Continuation after Very Short Term Correction

Technical Analysis,Research & Weekly Outlook

(Mar 03 to Mar 07,2014)

Nifty closed at the top of last 14 sessions last Friday and proved 100% accuracy of our following 3 weekly analysis topics:-

1- Bullish Rally continuation(Posted on 23-02-2014)
2- View is Bullish(Posted on 16-02-2014) 
3- Bullish Week Ahead(Posted on 09-02-2014) 

(Just click on above topic and understand the reasons of our Bullish views since beginning of on going rally)

Nifty-EOD Chart (28-Feb-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Bottom formation at 5118.85 on 28-08-2013 and Wave-1 beginning
2- Wave-1(6142.50 on 19-09-2013)
3- Wave-2(5700.95 on 01-10-2013)
4- Wave-i of Wave-3(6415.25 on 09-12-2013)
5- Wave-ii of Wave-3(5933.30 on 04-02-2014)
6- Wave-iii of Wave-3 continuation

Conclusions from EOD chart analysis 

All trends are up and Wave-iii of Wave-3 continuation towards new all time high and its possibilities turned high after sustaining above 200-Day EMA in previous weeks as well as saving of up trend.

Nifty-Intra Day Chart (28-Feb-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling patterns formation between 6251-6264
2- Lower levels supports.
3- Whole day actual trading between 6229-6282

Conclusions from intra day chart analysis 

Although lower levels supports but higher levels good selling also therefore slipping possibilities below the lowest of the day(6229) despite closing near the highest of the day on 28-02-2014. 

Conclusions (After Putting All Studies Together)

Bullish rally continuation and all the next resistances of Nifty are as follows:-

1- 6265-6292
2- 6320-6358
3- 6350-6380

Although Nifty closed near the highest of the week last Friday but following selling signals also developed in last 2 sessions:- 

1- Whole day up moves on 27-02-2014 but lacking required force therefore indication of selling.
2- Higher levels good selling on 28-02-2014 despite closing near the highest of the day.

Next immediate resistances are between 6265-6292 and selling patterns formations seen between and below this range in last 2 sessions therefore emergence of very short term down possibility in the beginning of next week and that is due also after 350 points rally in previous month.

Following line was told on 23-02-2014 in Bullish Rally continuation

Expected that finally up moves toward 6265 will be seen after follow up consolidation in next week.

As was told same happened and Nifty closed at 6,276.95 after highest formation at 6,282.70 last Friday

Expected that finally previous weeks started rally will remain continued in the coming weeks but after Short term correction in the beginning of next week.

As I shall  be busy today therefore updating in the Blog may be interrupted or may not be updated today

Pre-closing Outlook(26-02-2014)

All trends are up and whole day up moves today but lacking required force therefore confirmation is required through sustaining above 6200 and should be firstly watched in the coming sessions for further up moves confirmations.

Mid-session Outlook(26-02-2014)

Rally continuation was told in previous Outlook yesterday and it is being seen also since opening today and now trading near the higher levels of the day but up moves are lacking required force therefore sustaining above 6200 will be firstly watched now for further up moves confirmations.

Technical Analysis and Market Outlook(26-02-2014)

Nifty-Intra Day Chart (25-Feb-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 6206-6216
2- Consolidation Patterns between 6177-6192
3- Down moves in Bullish Falling Channel in last hour. 
4- Whole day actual trading between 6177-6216

Conclusions from intra day chart analysis 

39 Points range bound trading with higher levels selling but lower levels consolidation and  Bullish Falling Channel formation in last hour also therefore on going rally continuation hopes are alive after intraday correction completion today. All the next resistances of Nifty are as follows:-

1- 6265-6292
2- 6320-6358
3- 6350-6380

As Feb. Derivative expiry tomorrow therefore next moves beyond 6200 should also be firstly watched tomorrow because both selling above it and buying below it today as well as valid break out of today trading range(6177-6216) will be next trend confirmations while finally rally continuation is expected within next 1/2 sessions..

Mid-session Outlook-2(25-02-2014)

Today trading between 6177-6216 with firstly down moves after higher levels some selling but confirmation of lower levels supports and consolidation also therefore on going rally continuation hopes are alive after intraday correction completion. As Feb. Derivative expiry tomorrow therefore next moves beyond 6200 should also be watched.

Mid-session Outlook(25-02-2014)

Although gap up and good above 6200 opening but not strong and Indian markets under performed Global cues therefore following line was told today in Post-open Outlook:-

"emergence of profit booking possibility"

As was told same happened and Nifty slipped after higher levels profit booking and now trading in Red. Minor correction was expected and it is being seen but some consolidation with lower lever levels supports confirmation is still required yet for the stopping of down moves. Let it happen then will be updated accordingly.

Post-open Outlook(25-02-2014)

As Indian markets are under performing Global cues since opening today therefore emergence of profit booking possibility and firstly sustaining beyond psychological level of 6200 should be watched.

NIFTY-Feb Call Option(6200)-Positional Buying of 21-02-2014-Covering

NIFTY-Feb CE(6200)-Bought on 21-02-2014-Cover and book profit immediately-CMP-30(Lalit39)

Technical Analysis and Market Outlook(25-02-2014)

Nifty-Intra Day Chart (24-Feb-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 6132-6155
2- Up moves with continuous consolidations.
3- Whole day actual trading between 6131-6191.

Conclusions from intra day chart analysis 

As most Asian markets were depressing therefore sentiment turned weak and firstly negative zone trading after weak opening today. Firstly lower levels good consolidations and after that whole day up moves with follow up consolidations therefore following lines are being repeated which were today yesterday in Bullish Rally continuation:-

Rally is on and strong up moves continuation possibility is also very much alive but follow up consolidation is firstly required because Nifty closed within next resistance range after lower levels very good consolidation in last 3 weeks. 

Next resistances are between 6130-6180 and once valid break out above 6180 will mean fast and strong rally toward next resistances:-

6265-6292
6320-6358

Expected that finally up moves toward 6265 will be seen after follow up consolidation in next week. 

Live proofs of 100% accurate Levels and Predictions

Today highest formation is at 6181.85 and it proved my following predictions 100% accurate which was done in Pre-closing Outlook on 21-02-2014:-

Nifty will trade above 6180 in next week after follow up consolidations between 6130-6180.

Range of 6130-6180 was given and today trading range at this moment is 6130.80-6181.85

Only Bullish Outlooks were posted in following 3 weekly analysis topics and now Nifty is trading at the highest of February 2014:-

1- Bullish Rally continuation(Posted on 23-02-2014) 
2- View is Bullish(Posted on 16-02-2014) 
3- Bullish Week Ahead(Posted on 09-02-2014) 

Just click on above topic and understand technical reasons of our Bullish views since beginning of on going rally

Mid-session Outlook(24-02-2014)

Now Nifty is trading 12 points up but when was near the lower levels of today and was in Red then we told following line in previous Outlook at 09:44 AM today:-

finally up moves are expected after follow up consolidations

Now Nifty is trading at 6167 and fast rally is expected after sustaining above 6180,should be firstly watched today.

Post-open Outlook(24-02-2014)

As most Asian markets are .50% to 2% down today therefore negative zone trading after weaker opening in Indian markets today. Lower levels good consolidations in previous weeks therefore finally up moves are expected after follow up consolidations because now trading within resistance range(6130-6180) and weak Asian markets also today.