Technical Analysis and Market Outlook(07-03-2014)

Nifty-Intra Day Chart (06-Mar-2014):-

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Technical Patterns and Formations in today intraday charts

1- Firstly up moves Bearish Rising Channel.
2- Sharp up moves after positive opening of European markets.
3- Whole day actual trading between 6340-6406

Conclusions from intra day chart analysis 

As strong Asian markets therefore positive opening and sharp up moves after Green opening of European markets as well as today closing at all time high. All trends are up but selling patterns formations in last 3 sessions and Short Term Indicators are overbought also therefore Short Term Correction is expected in the coming sessions because no consolidation pattern formation seen today and today up moves were positive Global markets generated .

Mid-session Outlook-2(06-03-2014)

Although inraday selling patterns seen in last 2 sessions and today also without force up moves but correction not seen and accepted that I have been deceived by market today. Let some more confirmations come then will be updated accordingly.

NIFTY-Mar Put Option(6300)-Positional Buying of 05-03-2014-Covering

Nifty-Mar PE(6300)-Bought on 05-03-2014-Cover immediately-CMP-41(Lalit39)

Mid-session Outlook(06-03-2014)

As most time without force up moves today therefore down moves possibilities are still alive because selling patterns formations seen in last 2 sessions also.

NIFTY-Mar Put Option(6300)-Positional Buying of 05-03-2014-Message

Nifty-Mar PE(6300)-Bought on 05-03-2014-Strong Asian markets but just hold after positive opening and cover after my covering message(Lalit39)

Technical Analysis and Market Outlook(06-03-2014)

Nifty-Intra Day Chart (Mar 04 & Mar 05,2014):-

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Technical Patterns and Formations in last 2 Sessions intraday charts

1- Consolidation between 6223-6246 on 04-03-2014
2- Up moves but without force on 04-03-2014
3- Bearish Rising Wedge formations in last 2 hours on 04-03-2014
4- Selling between 6312-6324 on 05-03-2014
5- Consolidation between 6290-6302 on 05-03-2014
6- Selling between 6318-6335 on 05-03-2014

Conclusions from 2 Sessions intra day chart analysis 

Higher levels good selling yesterday and today also follow up selling seen in more than 3 hours therefore emergence of down moves possibilities below 6270 in the coming sessions despite some lower levels consolidations in last 2 sessions and today closing near the higher levels of the day.

NIFTY-Mar Put Option(6300)-Positional-Buying Trade

NIFTY-Mar PE(6300)-Buy-Positional-SL-39 & TGT-79-CMP-55(Lalit39)

Mid-session Outlook-2(05-03-2014)

Selling patterns formations seen at the higher levels in last 1 hour

Mid-session Outlook(05-03-2014)

Most time trading between 6288-6328 with some selling at higher levels but lower levels good consolidations also therefore indications of very short term correction completion also. View is cautious because multiple resistance between 6320-6380 and selling pattern formation seen below 6300 yesterday therefore complete consolidation is required for any decisive up moves above 6380. Expected that Nifty will trade and prepare for next decisive moves between 6270-6380 and sustaining beyond this range should be firstly watched for next trend confirmations.

100% accuracy Nifty prediction for today

Although Global markets were completely strong but we were cautious therefore we told following line 3 times in previous 4 Outlooks

very short term correction possibility in the coming sessions 

Nifty Fut(Mar) is trading 27 points down now and it proved 100% accuracy of our above prediction.

Post-open Outlook(05-03-2014)

When SGX Nifty was trading 40 points up then we told following lines today in Pre-open Outlook:-

1- but view is cautious
2- sustaining beyond 6300 should be firstly watched today for immediate up moves confirmations

Now Nifty Fut(Mar) is 10 points down now because complete consolidation is required for decisive up moves and sustaining beyond 6300(spot Nifty) should be firstly watched today for those next immediate moves confirmations which have already been updated in previous 2 Outlooks.

Pre-open Outlook(05-03-2014)

As US and European markets closed 1.41% to 2.43% up yesterday therefore sentiment turned strong and all the Asian markets are trading in Green and positive opening will be seen in Indian markets also. Selling patterns seen at higher levels yesterday below 6300 and resistances are above 6320 therefore emergence of very short term correction possibility and complete consolidation is required for decisive up moves.  Yesterday closing near 6300 and sustaining beyond it should be firstly watched today for very short term correction or up moves but after complete consolidation.

SGX Nifty is trading 40 points up at this moment but view is cautious and sustaining beyond 6300 should be firstly watched today for immediate up moves confirmations.

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

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

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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):-

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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):-

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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):-

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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.