FII Trading Data in Derivatives Segment on 25-Mar-2014

Nifty Spot-Levels & Trading Strategy for 26-03-2014

Nifty Spot-Levels

R3 6659
R2 6627
R1 6608
Avg 6576
S1 6557
S2 6525
S3 6506

Nifty Spot-Trading Strategy

H6 6640     Trgt 2
H5 6628     Trgt 1
H4 6617     Long breakout
H3 6603     Go Short
H2 6598
H1 6593
L1 6584
L2 6579
L3 6574     Long
L4 6560     Short Breakout
L5 6549     Trgt 1
L6 6537     Trgt 2

Nifty(Mar Fut)-Levels & Trading Strategy for 26-03-2014

Nifty(Mar Fut)-Levels

R3 6645
R2 6627
R1 6616
Avg 6598
S1 6587
S2 6569
S3 6558

Nifty(Mar Fut)-Trading Strategy

H6 6634     Trgt 2
H5 6627     Trgt 1
H4 6620     Long breakout
H3 6612     Go Short
H2 6610
H1 6607
L1 6602
L2 6599
L3 6597     Long
L4 6589     Short Breakout
L5 6582     Trgt 1
L6 6575     Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 26-03-2014

Bank Nifty(Mar Fut)-Levels

R3 12747
R2 12660
R1 12573
Avg 12486
S1 12399
S2 12312
S3 12225

Bank Nifty(Mar Fut)-Trading Strategy

H6 12661     Trgt 2
H5 12621     Trgt 1
H4 12581     Long breakout
H3 12533     Go Short
H2 12517
H1 12501
L1 12470
L2 12454
L3 12438     Long
L4 12390     Short Breakout
L5 12350     Trgt 1
L6 12310     Trgt 2

Pre-closing Outlook(25-03-2014)

More than 11 hours trading between 6566-6591 means accumulations of explosives and expectations of 100 Nifty points explosions with next 2 sessions.

Forceful break out or sustaining beyond 6566-6591 will be confirmation. 

Mid-session Outlook(25-03-2014)

Following conclusive line was told yesterday in Technical Analysis and Market Outlook(25-03-2014)

Firstly sustaining beyond 6566-6591 should be watched tomorrow

Nifty traded most time between 6574-6592 today and preparing for next decisive moves. Next moves beyond 6566-6591 have already been updated in above mentioned topic and should be firstly watched.

Technical Analysis and Market Outlook(25-03-2014)

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

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Almost 6 hours sideways trading between 6566-6591
2- Whole day actual trading between 6511-6591

Conclusions from intra day chart analysis 

As all the Asian markets were in Green and some markets were more than 1% up therefore firstly positive opening and after that almost 6 hours sideways trading between 6566-6591. Last 11 sessions between 6433-6574 and Nifty hovered around its highest level(6574) but not given break out confirmation of 11 sessions range. As today up moves were Bullish sentiment led due to strong Asian markets therefore break out confirmation is must through sustaining above 6574 because fresh selling/short covering possibility can not be ruled out on the back of boosted sentiments. 

Firstly sustaining beyond 6566-6591 should be watched tomorrow for:-

1- Strong rally above 6591
2- Sideways market between 6433-6591 below 6566. 

Nifty Spot-Levels & Trading Strategy for 25-03-2014

Nifty Spot-Levels

R3 6693
R2 6642
R1 6612
Avg 6561
S1 6531
S2 6480
S3 6450

Nifty Spot-Trading Strategy

H6 6664     Trgt 2 
H5 6646     Trgt 1
H4 6627     Long breakout 
H3 6605     Go Short 
H2 6597
H1 6590
L1 6575
L2 6568
L3 6560     Long 
L4 6538     Short Breakout 
L5 6519     Trgt 1 
L6 6501     Trgt 2

Nifty(Mar Fut)-Levels & Trading Strategy for 25-03-2014

Nifty(Mar Fut)-Levels

R3 6707
R2 6659
R1 6628
Avg 6580
S1 6549
S2 6501
S3 6470

Nifty(Mar Fut)-Trading Strategy

H6 6677     Trgt 2 
H5 6659     Trgt 1
H4 6641     Long breakout 
H3 6619     Go Short 
H2 6612
H1 6605
L1 6590
L2 6583
L3 6576     Long 
L4 6554     Short Breakout 
L5 6536     Trgt 1 
L6 6518     Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 25-03-2014

Bank Nifty(Mar Fut)-Levels

R3 12885
R2 12677
R1 12566
Avg 12358
S1 12247
S2 12039
S3 11928

Bank Nifty(Mar Fut)-Trading Strategy

H6 12782     Trgt 2 
H5 12706     Trgt 1
H4 12630     Long breakout 
H3 12542     Go Short 
H2 12513
H1 12484
L1 12425
L2 12396
L3 12367     Long 
L4 12279     Short Breakout 
L5 12203     Trgt 1 
L6 12127     Trgt 2

FII Trading Data in Derivatives Segment on 24-Mar-2014

FII & DII trading activity in Capital Market Segment on 24-Mar-2014

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 24-Mar-2014 3889.48 2423.86 1465.62

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 24-Mar-2014 972.7 1743.09 -770.39

Pre-closing Outlook(24-03-2014)

All the Asian markets closed in Green and 3 markets closed more than 1% up therefore firstly fast up and after that most time trading near about 6574. As today rally is sentiment generated therefore sustaining above 6574 is must tomorrow for next strong rally after 12 sessions range(6433-6574) break out.

Mid-session Outlook(24-03-2014)

As strong resistances below 6574 therefore Nifty is hovering around 6574 for the last more than 2 hours and preparing for next decisive moves,sustaining it beyond should be firstly watched for next trend confirmations because today fast up moves were strong Asian markets generated also.

Post-open Outlook(24-03-2014)

All the Asian markets are in Green and some are more than 1% up therefore sentiment boosted and rally continuation in Indian markets. As selling below 6574 in previous weeks therefore higher levels consolidation is must and once sustaining above 6574 after follow up consolidation will mean rally toward following next targets:-

1- 6647.60
2- 6724.60

NIFTY-Mar F&O-Positional Shorting of 22-03-2014-Message

NIFTY Mar F&O(Fut Selling & 6500 PE Buying on 22-03-2014)-Stong Asian markets & Indian markets will be volatile.Hold and cover after my covering message

Technical Analysis,Research & Weekly Outlook(Mar 24 to Mar 28,2014)

Nifty-EOD Chart (22-Mar-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
7- 11 Sessions most time trading between 6433-6574

Nifty-Intra Day Chart (Mar 07 to Mar 22,2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 11 Sessions intraday charts

1- Higher levels good selling
2- Supports between 6433-6447
3- 11 Sessions most time trading between 6433-6574

Conclusions (After Putting All Studies Together)

Long and Intermediate Term trends are up but Short Term Trend is side ways for the last 11 sessions between 6433-6574. impulsive Wave-3 continuation towards more all time higher levels but indicators are overbought and suggesting correction possibility. It should be kept in mind that Bullish markets complete its correction time wise also and some times price wise correction is not seen.

Expected that Nifty will firstly trade and prepare for next decisive moves within 11 sessions range. As last 11 sessions intraday charts are showing more selling at higher levels therefore possibility of slipping towards lower levels of 11 sessions range and deeper correction will be considered after sustaining below 6433.

NIFTY-Mar F&O-Positional-Shorting Trade

NIFTY-Mar PE(6500)-Buy-Positional-SL-19 & TGT-61-CMP-32
NIFTY-Mar Fut-Sell-Positional-SL-6534 & TGT-6466-CMP-6515(Lalit39)

Technical Analysis and Market Outlook(22-03-2014)

Nifty-Intra Day Chart (21-Mar-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Support between 6486-6491
2- Selling between 6495-6508
3- Whole day actual trading between 6486-6508

Conclusions from intra day chart analysis 

Most time range bound trading within 22 points between 6486-6508 with lower levels minor supports and higher levels good selling therefore finally slipping below today lowest(6485.70) is expected. As Dow Jones is trading more than 100 points up therefore some up moves can not be ruled out tomorrow but finally down moves are expected in next week because good selling today.

Mid-session Outlook-2(21-03-2014)

Although whole day positive zone trading but under performing Global markets and selling also seen at higher levels today.

Mid-session Outlook(21-03-2014)

Range bound trading between 6586-6510 with lower levels supports but some selling also at higher levels also therefore firstly sustaining beyond today trading range should be watched now.