Nifty(Feb Fut)-Levels & Trading Strategy for 27-02-2013

Nifty(Feb Fut)-Levels

R3 5901
R2 5869
R1 5818
Avg 5786
S1 5735
S2 5703
S3 5652

Nifty(Feb Fut)-Trading Strategy

H6 5850     Trgt 2
H5 5831     Trgt 1
H4 5812     Long breakout
H3 5789     Go Short
H2 5782
H1 5774
L1 5759
L2 5751
L3 5744     Long
L4 5721     Short Breakout
L5 5702     Trgt 1
L6 5683     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 27-02-2013

Bank Nifty(Feb Fut)-Levels

R3 12145

R2 12074

R1 11961

Avg 11890

S1 11777

S2 11706

S3 11593

Bank Nifty(Feb Fut)-Trading Strategy

H6 12032     Trgt 2 

H5 11990     Trgt 1

H4 11949     Long breakout 

H3 11898     Go Short 

H2 11881

H1 11864

L1 11831

L2 11814

L3 11797     Long 

L4 11746     Short Breakout 

L5 11705     Trgt 1 

L6 11663     Trgt 2

CRUDEOIL-Mar Fut-Selling Trade

CRUDEOIL-Mar Fut-Sell-Intraday/Positional-SL-5036 & TGT-4956-CMP-5011(Lalit39)

Pre-Closing Outlook(26-02-2013)

Sentiment depressed today firstly due to weaker global markets and after that no enthusiastic announcements in Rail Budget therefore down moves continuation after its completion. Although down but no confirmation of 5823 breaking down because today down moves are without intraday selling patterns and lacking required force also.

As technically confirmations through 3 sessions closing below 5823 below or 3% down moves are also required and this filter will be applied now for breaking down confirmations of 5823 because today down moves are due to negative news generated also.

Mid-session Outlook(26-02-2013)

Today down moves are due to Global markets weakness therefore Nifty is trading below 61 sessions trading range(5823) for the last 2 hours. As today weakness is negative news based amid most depressing sentiments and not due to previous sessions intraday selling therefore 61 sessions trading range breaking down confirmation is required through sustaining below 5823

Although Nifty slipped and now trading below 5800 but without as such intraday selling patterns formations today therefore sustaining below 5823 has not got confirmations yet.

Post-open Outlook(26-02-2013)

Weakness in lines with Asian markets and now hovering around 5823 after slipping below it which is last hope for Bulls and sustaining it beyond should be watched now for deeper correction or Post Budget Rally confirmations.

Technical Analysis and Market Outlook(26-02-2013)

Nifty-Intra Day Chart (25-Feb-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 5840-5857
2- Consolidation between 5825-5845
3- Intraday correction completion after 3 corrective Waves completion.
4- Whole day actual trading between 5825-5876

Conclusions from intra day chart analysis 

Lower levels good supports with closing after some slipping from  higher levels in last hour but intraday chart is showing 3 corrective ABC waves hence strong indication of intraday correction completion as well. As  consolidation was seen yesterday after good  consolidation last Friday therefore good indication of up moves preparations and possibly after Budget on 28-02-2013.

Pre-open Outlook(26-02-2013)

US markets tumbled more than 1% yesterday therefore sentiment is weak today morning and all the Asian markets are in Red therefore weak to gap down opening is possible and volatility also can not be ruled out because Rail Budget today. As good consolidations in last 2 sessions therefore up moves possibility after Budget is still alive after follow up consolidations today.

For next trend confirmations sustaining beyond 5823 should be firstly watched today in depressed sentiment today morning.

Blog will be updated during trading hours today.

Mid-session Outlook-2(25-02-2013)

Although Indian markets closed at the lowest of the day last Friday but we did not posted Bearish views in all 3 previous Outlooks because intraday charts showed consolidation patterns formations last Friday. Today also when Nifty was trading near today lowest then also we did not updated Bearish views at 12:50 PM because intraday patterns are not showing as such selling formations and good recovery with new intraday high formation was seen after that.

Emergence of fresh up moves hopes because intraday supports at lower levels today but good selling at higher levels in last 60 sessions therefore lot of consolidations are required for any decisive up moves and Valid break out of 5823-5873 will be firstly watched for next big moves confirmation.  

Mid-session Outlook(25-02-2013)

Although slipping from higher levels and new intraday low formation below 5836 but intraday patterns are not showing as such selling patterns formations. Until Nifty will not sustaining below 5823 till then view will not be bearish and Valid break out of 5823-5873 will be firstly watched for next big moves confirmation.

Post-open Outlook(25-02-2013)

Although Nifty traded between 5836-5873 last Friday with intraday consolidation patterns and supports getting above 5823 in previous 60 sessions but breaking down of 5836 and 5823 will be deeper down moves confirmations. As consolidation above 5836 last Friday therefore Bounce back possibility is still alive despite slipping from higher levels immediately after opening today.

Follow up intraday  technical positions will be firstly watched today for sharp down moves below 5823 after fresh selling today or rally possibility after Budget after follow up consoilidations today and next 3 sessions.

View is not Bearish yet because last Friday intraday consolidations formations and follow up intraday patterns will be firstly watched today and also will be updated accordingly as well as Valid break out 5823-5873 should be firstly watched now for next big trend confirmation.

Neither Bullish nor Bearish but cautious before Budget

Technical Analysis,Research & Weekly Outlook

(Feb 25 to Mar 01,2013)

Nifty-EOD Chart (22-Feb-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- 4770.35 on 04-06-2012(Corrective Wave-2 completion and impulsive Wave-3 beginning)
2- 5348.55 on 10-07-2012(Sub Wave-1)
3- 5032.40 on 26-07-2012(Sub Wave-2)
4- 5815.35 on 05-10-2012(Sub Wave-3)
5- 5548.35 on 20-11-2012(Sub Wave-4)
6- 6111.80 on 29-01-2013(Sub Wave-5)
7- Head and Shoulders pattern formations in last 60 sessions with Neckline at 5823

Conclusions from EOD chart analysis 

Correction continuation after Sub Wave-5 completion with trend reversal Head and Shoulders Bearish pattern formations in last 60 sessions and its Neckline is at 5823. Valid Break out below 5823 will mean breaking down of 60 sessions trading range and Neckline as well,resultant sharp down moves toward next supports at 5548.

Nifty-Intra Day Chart (03-12-2012 to 22-02-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 60 Sessions intraday charts

1- Selling between 6000-6111
2- Selling between 5890-5930
3- Selling between 5890-5970
4- Consolidation between 5823-5870 
5- 60 Sessions actual trading between 5823-6111. 

Conclusions from 60 Sessions intra day chart analysis 

60 Sessions intra day chart  is showing clear selling formations and multiple resistances at higher levels with some supports at lower levels. As good selling at higher levels therefore follow up selling in next week will mean sharp fall and consolidations in next week will mean some up moves only. As multiple resistances at higher levels therefore Valid break out of 6111 will give next up trend confirmations.

Nifty-Intra Day Chart (22-Feb-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- All Down moves are in Bullish Falling Channels.
2- Whole day actual trading between 5836-5873

Conclusions from intra day chart analysis 

Although 37 Points narrow range trading with closing near lower levels of the day but without any selling patterns formations. As all down moves are in Bullish Falling Channels formations therefore indications of some up moves in the beginning of next week.

Conclusions (After Putting All Studies Together)

Union Budget-2013 presentation on 28-02-2013 and before that 3 trading sessions left. Nifty is range bound between 5823-6111 and it is confirm that break out of this range will mean strong moves toward break out side as well as its high possibility after Budget.

As next big moves will be decided through break out of mentioned 60 sessions range therefore technical positions within it has been updated above and strong indications of down moves below 5823 but a ray of hope is also seen after whole day good consolidations within 60 sessions supports range last Friday and up moves after Budget can not be ruled out if follow up consolidation develops in the coming 3 sessions before Budget.

It is confirm that big moves will be seen after Budget and up moves possibility is also alive despite last Friday closing near lower levels of 60 sessions range. Follow up moves(intraday charts patterns formations) with sustaining beyond 5823 will be firstly watched in the coming sessions. Let Market prepare for Post Budget trend then will be updated in Mid-session Outlooks according to conclusions from intraday charts formations in the same manner as being done for the last 3 years. 

Neither Bullish nor Bearish but cautious view with watchful approach amid most depressed sentiments before Union Budget-2013 and post Budget trend is yet to get confirmations from next 3 sessions intraday charts formations.

FII & DII trading activity in Capital Market Segment on 22-Feb-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 22-Feb-2013 2864.02 2583.72 280.3

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 22-Feb-2013 937.21 1289.19 -351.98

FII Trading Data in Derivatives Segment on 22-Feb-2013

Indian Stock Markets Closing Reports(22-Feb-2013)

Main features of today trading are as follows

Ratios

Index Options Put Call Ratio: 0.87
Total Options Put Call Ratio: 0.84
Nifty P/E Ratio(22-Feb-2013): 17.66

Advances & Declines

BSE Advances : 1,395
BSE Declines : 1,450
NSE Advances :   748
NSE Declines :   763

Nifty Open Interest Changed Today

Nifty- 5700  CE(Feb)- 50,650(18.47%)
Nifty- 5700  PE(Feb)- 1,184,400(24.08%)

Nifty- 5800  CE(Feb)- 178,100(11.14%)
Nifty- 5800  PE(Feb)- 47,000(0.62%)

Nifty- 5900  CE(Feb)- 113,150(1.90%)
Nifty- 5900  PE(Feb)- -678,500(-12.70%)

Nifty- 6000  CE(Feb)- 46,850(0.45%)
Nifty- 6000  PE(Feb)- -146,600(-5.98%)

Closing 

Sensex- closed at 19317.01(-8.35 Points & -0.04%)
Nifty- closed at 5,850.30(-1.95 Points & -0.03%)
CNX Midcap - closed at 7,921.15(-4.00 Points & -0.05%)
CNX Smallcap- closed at 3,431.20(0.15 Points & 0.00%)

Nifty Spot-Levels & Trading Strategy for 25-02-2013

Nifty Spot-Levels

R3 5908

R2 5890

R1 5870

Avg 5852

S1 5832

S2 5814

S3 5794

Nifty Spot-Trading Strategy

H6 5888     Trgt 2 

H5 5879     Trgt 1

H4 5870     Long breakout 

H3 5860     Go Short 

H2 5856

H1 5853

L1 5846

L2 5843

L3 5839     Long 

L4 5829     Short Breakout 

L5 5820     Trgt 1 

L6 5811     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 25-02-2013

Nifty(Feb Fut)-Levels

R3 5940

R2 5911

R1 5882

Avg 5853

S1 5824

S2 5795

S3 5766

Nifty(Feb Fut)-Trading Strategy

H6 5911     Trgt 2 

H5 5898     Trgt 1

H4 5884     Long breakout 

H3 5868     Go Short 

H2 5863

H1 5858

L1 5847

L2 5842

L3 5837     Long 

L4 5821     Short Breakout 

L5 5807     Trgt 1 

L6 5794     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 25-02-2013

Bank Nifty(Feb Fut)-Levels

R3 12283
R2 12230
R1 12165
Avg 12112
S1 12047
S2 11994
S3 11929

Bank Nifty(Feb Fut)-Trading Strategy

H6 12218     Trgt 2
H5 12191     Trgt 1
H4 12164     Long breakout
H3 12132     Go Short
H2 12121
H1 12110
L1 12089
L2 12078
L3 12067     Long
L4 12035     Short Breakout
L5 12008     Trgt 1
L6 11981     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Feb 25 to Mar 01,2013)

Nifty Spot-Weekly Levels

R3 6071

R2 6021

R1 5935

Avg 5885

S1 5799

S2 5749

S3 5663

Nifty Spot-Weekly Trading Strategy 

H6 5986     Trgt 2 

H5 5955     Trgt 1

H4 5924     Long breakout 

H3 5887     Go Short 

H2 5874

H1 5862

L1 5837

L2 5825

L3 5812     Long 

L4 5775     Short Breakout 

L5 5744     Trgt 1 

L6 5713     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Feb 25 to Mar 01,2013)

Bank Nifty Spot-Weekly Levels

R3 12798

R2 12634

R1 12351

Avg 12187

S1 11904

S2 11740

S3 11457

Bank Nifty Spot-Weekly Trading Strategy 

H6 12516     Trgt 2 

H5 12415     Trgt 1

H4 12313     Long breakout 

H3 12190     Go Short 

H2 12149

H1 12108

L1 12027

L2 11986

L3 11945     Long 

L4 11822     Short Breakout 

L5 11720     Trgt 1 

L6 11619     Trgt 2

NATURAL GAS-Feb Fut-Selling Trade

NATURAL GAS-Feb Fut-Sell-Intraday/Positional-SL-178.60 & TGT-172.60-CMP-176.20(Lalit39)

Mid-session Outlook-2(22-02-2013)

Flat trading and firstly slipping also but today trading is showing consolidation patterns between 5836-5862 with lower levels supports. A bounce back is expected but lot of follow up consolidation is required for decisive up moves and let it happen then broader length of up moves will be considered. 

Mid-session Outlook(22-02-2013)

Heavy selling and multiple resistances in last 59 sessions between 5823-6111 and last hope for Bulls is 5823. As sentiment is weak and down moves continuation also therefore slipping below 5823 can not be ruled out but sustaining it below is must for breaking down confirmations. Down moves immediately after opening but intraday patterns are not showing selling and on the contrary consolidation indications also but lot of consolidation is required for any decisive up moves from here.

As Intraday consolidation formations today with lower levels supports indications also therefore firstly sustaining above today low(5836) and finally sustaining beyond 5823 should be watched for:-

1- Deeper correction below 5823 or 
2- Firstly some up moves hopes above 5823 and finally rally after correction completion will be considered after sustaining above crucial resistances at higher levels.

Technical Analysis and Market Outlook(22-02-2013)

Nifty-Intra Day Chart (21-Feb-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5890-5915
2- Last 3 hours continuous down moves.
3- Whole day actual trading between 5845-5915

Conclusions from intra day chart analysis 

As all the Global Markets were weak today therefore firstly 3 hours narrow range selling and after that continuous down moves and closing near lowest levels and just below immediate support(5854). 59 Sessions trading between 5823-6111 with most Bearish Head and Shoulders pattern formation and valid breaking down of its neckline(5823) will mean fast down moves towards 5548 therefore sustaining beyond 5823 should be firstly watched in the coming sessions.

If sentiment does not remain boiling due any news flow then Nifty will firstly trade and prepare for Post Budget moves between 5823-5890  

FII & DII trading activity in Capital Market Segment on 21-Feb-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 21-Feb-2013 4529.02 3315.45 1213.57

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 21-Feb-2013 1304.63 1533.41 -228.78

Nifty Spot-Levels & Trading Strategy for 22-02-2013

Nifty Spot-Levels

R3 5977

R2 5949

R1 5900

Avg 5872

S1 5823

S2 5795

S3 5746

Nifty Spot-Trading Strategy

H6 5929     Trgt 2 

H5 5911     Trgt 1

H4 5894     Long breakout 

H3 5873     Go Short 

H2 5866

H1 5859

L1 5844

L2 5837

L3 5830     Long 

L4 5809     Short Breakout 

L5 5792     Trgt 1 

L6 5774     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 22-02-2013

Bank Nifty(Feb Fut)-Levels

R3 12602

R2 12489

R1 12284

Avg 12171

S1 11966

S2 11853

S3 11648

Bank Nifty(Feb Fut)-Trading Strategy

H6 12398     Trgt 2 

H5 12326     Trgt 1

H4 12254     Long breakout 

H3 12167     Go Short 

H2 12138

H1 12109

L1 12050

L2 12021

L3 11992     Long 

L4 11905     Short Breakout 

L5 11833     Trgt 1 

L6 11761     Trgt 2

Pre-Closing Outlook(21-02-2013)

No respite for Bulls and crashing like situation after follow up today selling between 5884-5900 and testing of immediate support at 5854 after bottom formation at 5853.10. 58 Sessions trading between 5823-6111 with lower levels good Supports therefore last hope for Bulls is 5823 and once sustaining below it will mean 5548 after Budget.

Sentiment is completely depressed and fresh buying should be initiated after bottom formation confirmations

All Global Markets weak

Post-open Outlook(21-02-2013)

Not only most Global Stock markets in deep Red but all the Commodities including Precious Metals,Base Metals and Crude Oil are also down as well as some are more than 1% weak. Indian Rupee is also .55% down against $ therefore Sentiment is completely depressed and fresh buying should be initiated after bottom formation confirmations.

Pre-open Outlook(21-02-2013)

All the Asian markets are .50% to 1.75% down today after weak closing of US and European markets yesterday therefore gap down opening in Indian markets will be seen and Nifty will firstly trade near about 5900. As next supports are between 5854-5900 therefore will firstly hover around 5900 and finally sustaining it beyond will be next moves first strong indication.

Indian markets are preparing for Post Budget moves and big down moves confirmation will be after sustaining below 5854 and any decisive up move will be considered after sustaining above 5985.

Technical Analysis and Market Outlook(21-02-2013)

Nifty-Intra Day Chart (20-Feb-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling patterns between 5956-5960
2- Selling patterns between 5950-5955
3- Down moves in Bullish Falling Channel
4- Whole day actual trading between 5938-5960 

Conclusions from intra day chart analysis 

Whole day down moves in Bullish falling channel but higher levels intraday selling patterns formations also therefore mixed intraday patterns within 22 points narrow range trading and more preparations are required in the coming sessions for next trend formations.

58 Sessions trading between 5823-6111 with lower levels good Supports but higher levels multiple strong resistances also and expected that Nifty will remain range bound within this range and will prepare for post Budget decisive trend. Although sentiment is weak because no signals of Pre Budget rally but it does not mean that rally will not be seen after Budget. Possibility of strong rally after Budget is very much alive and we expect it also after consolidations in the coming sessions.

Immediate Supports and Resistances are as follows:-

1-Supports- 5854-5900
2-Supports- 5960-5985

Expected that Nifty will firstly trade and prepare for next trend between 5900-5960 and valid break of this range will be 1st and strong indication of post Budget trend

FII Trading Data in Derivatives Segment on 20-Feb-2013

FII & DII trading activity in Capital Market Segment on 20-Feb-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 20-Feb-2013 3129.51 2695.92 433.59

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 20-Feb-2013 597.13 1188.31 -591.18

Nifty Spot-Levels & Trading Strategy for 21-02-2013

Nifty Spot-Levels

R3 5901
R2 5922
R1 5929
Avg 5950
S1 5957
S2 5978
S3 5985

Nifty Spot-Trading Strategy

H6 5909    Trgt 2
H5 5915     Trgt 1
H4 5921     Long breakout
H3 5929     Go Short
H2 5931
H1 5934
L1 5939
L2 5942
L3 5944     Long
L4 5952     Short Breakout
L5 5958     Trgt 1
L6 5964     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 21-02-2013

Nifty(Feb Fut)-Levels

R3 6001
R2 5987
R1 5975
Avg 5961
S1 5949
S2 5935
S3 5923

Nifty(Feb Fut)-Trading Strategy

H6 5989     Trgt 2
H5 5983     Trgt 1
H4 5977     Long breakout
H3 5970     Go Short
H2 5967
H1 5965
L1 5960
L2 5958
L3 5955     Long
L4 5948     Short Breakout
L5 5942     Trgt 1
L6 5936     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 21-02-2013

Bank Nifty(Feb Fut)-Levels

R3 12560

R2 12526

R1 12469

Avg 12435

S1 12378

S2 12344

S3 12287

Bank Nifty(Feb Fut)-Trading Strategy

H6 12503     Trgt 2 

H5 12482     Trgt 1

H4 12462     Long breakout 

H3 12437     Go Short 

H2 12428

H1 12420

L1 12403

L2 12395

L3 12386     Long 

L4 12361     Short Breakout 

L5 12341     Trgt 1 

L6 12320     Trgt 2

GOLD-Apr Fut-1st Intraday/Positional Buying of 20-02-2013-Covering

GOLD-Apr Fut-1st Intraday/Positional-Bought on 20-02-2013-Cover immediately(We shall buy again at lower rates to recover this loss)-CMP-29694(Lalit39)

GOLD-Apr Fut-Buying Trade

GOLD-Apr Fut-Buy-Intraday/Positional-SL-29694 & TGT-29874-CMP-29753(Lalit39)

Pre-Closing Outlook(20-02-2013)

Whole day most time trading between 5938-5960 with consolidation indications but higher levels selling formations also and in this manner mixed intraday formation today. As no clear intraday patterns formations in 22 points trading range therefore will be better to wait for today range valid break out for those next moves which have already been updated in previous Outlook today.

Mid-session Outlook(20-02-2013)

Following conclusive line was told in Technical Analysis and Market Outlook(20-02-2013):-

Next resistance is between 5960-5985 and sustaining above it must for today started up moves continuation confirmations.

Although Nifty opened above 5960 but sliipped below it within first 3 minutes and since then trading between 5941-5960. It is clear that Nifty is trading just below next resistance and follow up intraday positions today will pave the way of following next moves:-

1- Follow up consolidation will mean up moves above 5985 after more consolidations between 5960-5985. 
2- Follow up selling will mean strengthening of above mentioned next resistance and down moves toward next supports below 5900.

Although continuous slipping after positive opening today but it may be correction of yesterday strong up moves also and next moves preparation will be seen between 5900-5960 therefore this range valid break out will be next trend confirmation.

As emergence of consolidation indications today therefore yesterday started rally continuation hopes are still alive but after complete consolidations in the coming sessions.

Technical Analysis and Market Outlook(20-02-2013)

Nifty-Intra Day Chart (19-Feb-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 5883-5900
2- Strong up moves in last 1 hour.
3- Whole day actual trading between 5883-5946

Conclusions from intra day chart analysis 

Although strong up moves in last 1 hour today but when Nifty was trading near lower levels then consolidation patterns formation was told at 01:41:00 PM and following lines were told in Mid-session Outlook(19-02-2013):-

1- Although slipping from higher levels today but not showing as such selling formations and emergence of consolidation patterns formation also
2- at present view is not Bearish despite slipping from higher levels.

Although strong up moves in last 1 hour today after lower levels consolodation between 5854-5900 in last 3 sessions but following lines were told on 09-02-2013 in Pre-Budget Rally after Correction Completion:-

"As strong supports(5823)are lying near 50 %(5829) retracement levels therefore high possibility of correction completion and up moves beginning from near about these levels"

9 Sessions highest closing today with lower levels good consolidations therefore up moves continuation possibility but complete follow up consolidation is required for sustaining above multiple resistances up to 6111. Next resistance is between 5960-5985 and sustaining above it must for today started up moves continuation confirmations.

FII Trading Data in Derivatives Segment on 19-Feb-2013

Nifty Spot-Levels & Trading Strategy for 20-02-2013

Nifty Spot-Levels

R3 6027
R2 5987
R1 5963
Avg 5923
S1 5899
S2 5859
S3 5835

Nifty Spot-Trading Strategy

H6 6003     Trgt 2
H5 5988     Trgt 1
H4 5974     Long breakout
H3 5956     Go Short
H2 5950
H1 5944
L1 5933
L2 5927
L3 5921     Long
L4 5903     Short Breakout
L5 5889     Trgt 1
L6 5874     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 20-02-2013

Nifty(Feb Fut)-Levels

R3 6053
R2 6007
R1 5980
Avg 5934
S1 5907
S2 5861
S3 5834

Nifty(Feb Fut)-Trading Strategy

H6 6026     Trgt 2
H5 6009     Trgt 1
H4 5993     Long breakout
H3 5973     Go Short
H2 5966
H1 5959
L1 5946
L2 5939
L3 5932     Long
L4 5912     Short Breakout
L5 5896     Trgt 1
L6 5879     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 20-02-2013

Bank Nifty(Feb Fut)-Levels

R3 12632
R2 12548
R1 12498
Avg 12414
S1 12364
S2 12280
S3 12230

Bank Nifty(Feb Fut)-Trading Strategy

H6 12583     Trgt 2
H5 12552     Trgt 1
H4 12521     Long breakout
H3 12484     Go Short
H2 12472
H1 12460
L1 12435
L2 12423
L3 12411     Long
L4 12374     Short Breakout
L5 12343     Trgt 1
L6 12312     Trgt 2

FII & DII trading activity in Capital Market Segment on 19-Feb-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 19-Feb-2013 1641.18 1822.75 -181.57

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 19-Feb-2013 510.75 486.08 24.67

CRUDEOIL-Mar Fut- Intraday/Positional Buying of 19-02-2013-Covering

CRUDEOIL-Mar Fut-1st Intraday/Positional-Bought on 19-02-2013-Cover and book small profit immediately-CMP-5240(Lalit39)

CRUDEOIL-Mar Fut-Buying Trade

CRUDEOIL-Mar Fut-BUY-Intraday/Positional-SL-5204 & TGT-5264-CMP-5228(Lalit39)

Pre-Closing Outlook(19-02-2013)

When Indian markets were in Red and trading near lower levels then following lines were told in Mid-session Outlook(19-02-2013):-

1- Although slipping from higher levels today but not showing as such selling formations and emergence of consolidation patterns formation also
2- at present view is not Bearish despite slipping from higher levels.

As higher levels were selling was seen in previous 2 sessions therefore sustaining above 5911 will be next up trend confirmation and its possibility turned higher also.

Mid-session Outlook(19-02-2013)

Following lines were told yesterday in Technical Analysis and Market Outlook(19-02-2013)

1- emergence of more down moves possibilities.
2- Previous 2 sessions trading between 5854-5911 with lower levels consolidations and higher levels selling therefore firstly trading will be seen between this range tomorrow

Most time negative zone trading within above mentioned range in first 4 hours trading with more than quarter pct down moves and have proved accuracy of our above predictions.

Although slipping from higher levels today but not showing as such selling formations and emergence of consolidation patterns formarion also therefore policy of wait and watch for confirmations.

Let some more confirmatory signals develop then will be updated accordingly and at present view is not Bearish despite slipping from higher levels.

Valid break out of 5854-5911 should be firstly watched for next moves confirmations.