ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
NIFTY-JAN F&O-1ST BUYING OF 19-01-2011-TRADE
NIFTY(JAN FUT-BUY-POSITIONAL)SL-5719-TGT-5791-CMP-5742
NIFTY(JAN CALL OPTION-BUY-POSITIONAL)-S.P.FOR CALL-5700,5800-NIFTY(JAN FUT)-RATES ARE FOR SL-5719-TGT-5791 FOR ALL OPTIONS-CMP-5742
NIFTY(JAN CALL OPTION-BUY-POSITIONAL)-S.P.FOR CALL-5700,5800-NIFTY(JAN FUT)-RATES ARE FOR SL-5719-TGT-5791 FOR ALL OPTIONS-CMP-5742
Mid-session outlook-(19-01-2011)
Market not showing strength since opening today and profit booking signals seen at higher levels today. Confirmation required from the break out of 5710-5739.
Trading Strategy for Nifty(Jan Fut)-19-01-2011
H6 5802.74 Trgt 2
H5 5786.62 Trgt 1
H4 5770.50 Long breakout
H3 5751.25 Go Short
H2 5744.83
H1 5738.42
L1 5725.58
L2 5719.17
L3 5712.75 Go Long
L4 5712.75 Short Breakout
L5 5677.38 Trgt 1
L6 5661.26 Trgt 2
Trading Levels for 19-01-11
Nifty Spot Levels for 19-01-11
R3 5806
R2 5768
R1 5746
AVG 5708
S1 5686
S2 5648
S3 5626
Nifty Jan Futures Levels for 19-01-11
R3 5828
R2 5785
R1 5758
AVG 5715
S1 5688
S2 5645
S3 5618
Bank Nifty Jan Futures Levels for 19-01-11
R3 10879
R2 10789
R1 10712
AVG 10622
S1 10545
S2 10455
S3 10378
NIFTY-JAN F&O-1ST BUYING OF 18-01-2011-COVERING
NIFTY JAN F & O(BOUGHT ON 18-01-2011)--COVER IMMEDIATELY-CMP-5733
NIFTY JAN F & O(BOUGHT ON 18-01-2011)MESSAGE
NIFTY JAN F & O(BOUGHT ON 18-01-2011)-MARKETS WILL BE VOLATILE THEREFORE HOLD & COVER ONLY AFTER MY COVERING MESSAGE
Rally is On
Pre-Open Market Outlook(19-01-2011)
When most of the market participants was bearish then bullish outlook was projected in following lines in last 2 sessions:-
1- In weekly Outlook on 17-01-2011- Firstly detailed analysis of 200-Day EMA discussed and then in conclusive lines told that:-
"200-Day EMA is next trend decider therefore will be watched first for next moves confirmations but expected that finally Nifty will sustain above and fresh rally will be seen within couple of weeks"
2- In Pre-Open Market Outlook(18-01-2011):-
1- intraday charts showing consolidation patterns within 5640-5690
2- consolidated within 5640-5690 yesterday therefore until Nifty will not sustain below 5640 after fresh selling patterns till then any down move will not be considered.
3- As per my view Indian markets are well prepared for bounce back/V-Shaped recovery/Pull Back Rally and that will be seen from any day in this week.
4- finally Green closing expected today.
Bullish outlook has already been presented in daily and weekly charts analysis in last 2 day days and now intraday charts will confirm next moves therefore yesterday intraday chart analysis is being posted now. 3 following bullish Formations seen in 18-01-2011 Intraday Chart:-
1- Rounding Bottom Support
2- Falling Trendline Break out
3- Support at Falling Trendline
1- 3 Bullish Formations in 18-01-2011 Intraday Chart:-
Down moves started from 05-01-2011 and since then last 10 days intraday charts patterns are as follows:-
1- First 4 sessions fall in "Water fall patterns" on the back of negative news flow and without any specific resistance.
2- Resistance within 5810-5870.
3- Good consolidation within 5635-5700 in last 3 sessions.
2-10 days intraday Analysis chart:-
Conclusions
Strong indications of correction completion and 100% confirmation point will be crossing of next resistance range(5810-5870) as well as zooming up of Indian markets expected after this break out.
Positive market with Green closing expected today.
When most of the market participants was bearish then bullish outlook was projected in following lines in last 2 sessions:-
1- In weekly Outlook on 17-01-2011- Firstly detailed analysis of 200-Day EMA discussed and then in conclusive lines told that:-
"200-Day EMA is next trend decider therefore will be watched first for next moves confirmations but expected that finally Nifty will sustain above and fresh rally will be seen within couple of weeks"
2- In Pre-Open Market Outlook(18-01-2011):-
1- intraday charts showing consolidation patterns within 5640-5690
2- consolidated within 5640-5690 yesterday therefore until Nifty will not sustain below 5640 after fresh selling patterns till then any down move will not be considered.
3- As per my view Indian markets are well prepared for bounce back/V-Shaped recovery/Pull Back Rally and that will be seen from any day in this week.
4- finally Green closing expected today.
Bullish outlook has already been presented in daily and weekly charts analysis in last 2 day days and now intraday charts will confirm next moves therefore yesterday intraday chart analysis is being posted now. 3 following bullish Formations seen in 18-01-2011 Intraday Chart:-
1- Rounding Bottom Support
2- Falling Trendline Break out
3- Support at Falling Trendline
1- 3 Bullish Formations in 18-01-2011 Intraday Chart:-
Down moves started from 05-01-2011 and since then last 10 days intraday charts patterns are as follows:-
1- First 4 sessions fall in "Water fall patterns" on the back of negative news flow and without any specific resistance.
2- Resistance within 5810-5870.
3- Good consolidation within 5635-5700 in last 3 sessions.
2-10 days intraday Analysis chart:-
Conclusions
Strong indications of correction completion and 100% confirmation point will be crossing of next resistance range(5810-5870) as well as zooming up of Indian markets expected after this break out.
Positive market with Green closing expected today.
Pull Back Rally Consolidation Pattern
Consolidation pattern on 17-01-2011
Indian markets consolidated within 5640-5690 whole day on 17-01-2011 and after analysis of intraday patterns following lines were told in Pre-Open Market Outlook(18-01-2011):-
1- intraday charts showing consolidation patterns within 5640-5690
2- consolidated within 5640-5690 yesterday therefore until Nifty will not sustain below 5640 after fresh selling patterns till then any down move will not be considered.
3- As per my view Indian markets are well prepared for bounce back/V-Shaped recovery/Pull Back Rally and that will be seen from any day in this week.
4- finally Green closing expected today.
Indian markets consolidated within 5640-5690 whole day on 17-01-2011 and after analysis of intraday patterns following lines were told in Pre-Open Market Outlook(18-01-2011):-
1- intraday charts showing consolidation patterns within 5640-5690
2- consolidated within 5640-5690 yesterday therefore until Nifty will not sustain below 5640 after fresh selling patterns till then any down move will not be considered.
3- As per my view Indian markets are well prepared for bounce back/V-Shaped recovery/Pull Back Rally and that will be seen from any day in this week.
4- finally Green closing expected today.
Sensex up 224 points, good corporate results help sentiments
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NIFTY-JAN F&O-1ST BUYING OF 18-01-2011-TRADE
NIFTY(JAN F&O-BUY-POSITIONAL)S.P.FOR CALL-5700.5800-BUY AT CMP-5727 (SL AND TGT WILL BE POSTED TOMORROW)
Mid-session outlook-(18-01-2011)
Nifty trading between 5675-5720 since opening today and selling indications seen at higher levels today. As selling indications at higher levels therefore mentioned range will be watched cautiously. Although minor higher level selling indications but feeling litle support at lower level also. Wait and watch policy wil be the best at this moment. Let market prepare within mentioned range and its break out will be next immediate moves confirmations. View is still bullish.
NIFTY-JAN F&O-2ND BUYING OF 17-01-2011-COVERING
NIFTY JAN F & O(BOUGHT ON 17-01-2011)-COVER AND BOOK PROFIT IMMEDIATELY-CMP-5715
Pull Back Rally is On Cards
Pre-Open Market Outlook(18-01-2011)
Long term trend decider 200-Day EMA is at 5648 and Nifty traded most of the time above it yesterday. Nifty got support 6 times at 5640 and closed at 5655 with Doji formation and intraday charts showing consolidation patterns within 5640-5690 yesterday.
Daily Indicators and Averages Analysis:
1-Averages- Nifty is hovering around 200-Day EMA and its sustaining beyond will confirm Long term trend and that will be dcided within this week.
2-Bollinger Band- is at lower band after fast slipping from upper band. As at lower band therefore indicating high up moves possibilities.
3- MACD- Both lines are sliding in negative zone. MACD line is below Average line and gap between both lines increased. As big divergence between both lines therefore up moves possibilities are high to converge both lines accor/ding to its nature.
4-ROC- Entered into oversold zone therefore indicating up moves possibility.
5-RSI- Sliding and resting at oversold line therefore indicating up moves possibility after little more time passing here..
6-Slow Stochastic & William %R- Very short term indicators with lines in oversold for the last 6 sessions. As this indicator does not remain too much time in oversold area and moves up fast after getting support from other indicators. As other indicators are also showing upmoves preperation therefore these are mature for very short term up moves.
Daily Indicators and Averages chart-
Indicators analysis is showing that Indian markets are very much technically prepared for minimum a Pull Back Rally. Indian markets out performed global markets and consolidated within 5640-5690 yesterday therefore until Nifty will not sustain below 5640 after fresh selling patterns till then any down move will not be considered. Detailed analysis has already been posted yesterday in weekly- 17-01-2011 to 21-01-2011 and indicators analysis has been posted today. As per my view Indian markets are well prepared for bounce back/V-Shaped recovery/Pull Back Rally and that will be seen from any day in this week.
Opening will depend on global cues but finally Green closing expected today.
Long term trend decider 200-Day EMA is at 5648 and Nifty traded most of the time above it yesterday. Nifty got support 6 times at 5640 and closed at 5655 with Doji formation and intraday charts showing consolidation patterns within 5640-5690 yesterday.
Daily Indicators and Averages Analysis:
1-Averages- Nifty is hovering around 200-Day EMA and its sustaining beyond will confirm Long term trend and that will be dcided within this week.
2-Bollinger Band- is at lower band after fast slipping from upper band. As at lower band therefore indicating high up moves possibilities.
3- MACD- Both lines are sliding in negative zone. MACD line is below Average line and gap between both lines increased. As big divergence between both lines therefore up moves possibilities are high to converge both lines accor/ding to its nature.
4-ROC- Entered into oversold zone therefore indicating up moves possibility.
5-RSI- Sliding and resting at oversold line therefore indicating up moves possibility after little more time passing here..
6-Slow Stochastic & William %R- Very short term indicators with lines in oversold for the last 6 sessions. As this indicator does not remain too much time in oversold area and moves up fast after getting support from other indicators. As other indicators are also showing upmoves preperation therefore these are mature for very short term up moves.
Daily Indicators and Averages chart-
Indicators analysis is showing that Indian markets are very much technically prepared for minimum a Pull Back Rally. Indian markets out performed global markets and consolidated within 5640-5690 yesterday therefore until Nifty will not sustain below 5640 after fresh selling patterns till then any down move will not be considered. Detailed analysis has already been posted yesterday in weekly- 17-01-2011 to 21-01-2011 and indicators analysis has been posted today. As per my view Indian markets are well prepared for bounce back/V-Shaped recovery/Pull Back Rally and that will be seen from any day in this week.
Opening will depend on global cues but finally Green closing expected today.
Monetary policy management becoming tougher: RBI governor
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India Facing Inflation `Surge,' Subbarao Says Before Interest-Rate Policy
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