ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥


Trading "calls" from our "Software" with more than "90% accuracy"

More than "12 years" old "only site of whole world" 
with more than "9700 accurate Outlooks" of 
"Indian Stock Markets" 

Bank Nifty(May Fut)-Levels & Trading Strategy for 26-05-2011


Bank Nifty(May Fut)-Levels

R3 10507
R2 10473
R1 10418
Avg 10384
S1 10329
S2 10295
S3 10240

Bank Nifty(May Fut)-Trading Strategy

H6  10453   Trgt 2
H5  10433   Trgt 1
H4  10412   Long breakout
H3  10388   Go Short
H2  10380
H1  10372
L1  10355
L2  10347
L3  10339   Long
L4  10315   Short Breakout
L5  10294   Trgt 1
L6  10274   Trgt 2

NIFTY-MAY F&O-1ST BUYING OF 25-05-2011-TRADE


NIFTY(MAY FUT-BUY-POSITIONAL)SL-5324-TGT-5384-CMP-5347

NIFTY(MAY CALL OPTION-BUY-POSITIONAL)SL-5324-TGT-5384-S.P.FOR CALL-5300,5400(MAY FUT-RATES FOR ALL OPTIONS)-CMP-5347

Pre-closing Outlook(25-05-2011)


Whole day down but intra day support seen at lower levels between 5330-5340 in last 3 hours.

Mid-session Outlook-2(25-05-2011)

Almost all the Asian markets were already down and weak Indian markets are pushed down by gap down European markets opening. Global storm is so heavy that next 1st support of 5348 has been broken and next suppot is at 5232. All round weakness and let market bottom out then any upmove will be considered. Continuous down moves today,intraday indicators are in oversold area and showing divergence therefore bounce back possibility can not be ruled out.

Mid-session Outlook(25-05-2011)

Dow's Futures is dipping and trading 100 points down at this moment. As Nifty consolidated between 5367-5422 yesterday therefore did not sustained below 5367 and traded most of the time between given range in first 2 hours with low at 5362.30.

Although consolidation yesterday but Global sentiment is depreseed due to some adverse news from Europe therefore sustaining below 5367-5422 will be watched for next moves confirmations.

Post-open Outlook(25-05-2011)

As US Futures is trading 75 points down today morning therefore Global sentiment is depressed and all Asian markets are trading in negative zone. Although SGX Nifty was 39 points down but opening was expected between 5367-5422 and Nifty is trading between 5372-5389 since opening today. As US Futures is trading 75 points down therefore sentiment is depressed and sustaining beyond 5367-5422 should be watched first for next moves confirmation.

Pre-open Outlook-2(25-05-2011)


US Futures is trading 75 points down today morning therefore Global sentiment is depressed and all Asian markets are trading in nehative zone.

sustaining beyond 5367-5422 will be watched first for next moves confirmation.

Pre-open Outlook(25-05-2011)

All the Asian markets are in Red therefore negative opening expected. As base formation in 2 previous sessions therefore Pull Back Rally expected in the coming sessions but next moves confirmation required today from break out of 5367-5422.

Just watch sustaining beyond 5367-5422 for next moves confirmation.

Pull Back Rally on Cards

Market Outlook
(25-05-2011)

Technical Analysis and Researches have already been posted in following topics with 2 Charts therefore not being repeated:-


1- Technical Analysis of EOD Chart and Research For 25-05-2011
2- Nifty-Micro Analysis of Intra Day Chart For 25-05-2011
3- Nifty- Correction in Continuation pattern Pennant Formations

Conclusions

All trends are down. Correction started from Diwali 2010 day with formation of 'ABC' and correction has been completed at 5177 and after its completion 4th corrective wave has alsocompleted. 5th impulsive wave and Rising Trend Line of Pennant started after that.

5th wave trend line and Rising line continuation Pennant pattern had been broken down in last 2 sessions but down moves were without force. Last 15 sessions down moves were also without force and trend reversal Falling Wedge(Bullish Pattern) Formation seen in 15 previous sessions also.

Nifty traded whole day between 5367-5422 on 24-05-2011 with intraday consolidation patterns and intraday chart formed 5 Waves of Falling Wedge(Bullish) reversal patterns. Some consolidation indications were also seen between 5375-5400 on 23-05-2011.

Strong indications of base formations between 5367-5422 in 2 previous sessions. Break out of 5367-5422 will be watched for next moves confirmations but sustaining above 5422 and begining of pull back rally expected in the coming couple of sessions.

Nifty-Micro Analysis of Intra Day Chart For 25-05-2011


Nifty-Intra Day Chart(24-05-2011):-
Just click on chart for its enlarged view
Main Features

1- Whole day intraday consolidations.
2- 5 Waves of Falling Wedge(Bullish Pattern)
3- Trading range- 5367-5422

Conclusions

Nifty traded whole day between 5367-5422 today with intraday consolidation patterns and intraday chart formed 5 Waves of Falling Wedge reversal patterns therefore Pull back rally is possible in the coming sessions.

FII Trading Data in Derivatives Segment on 24-May-2011


Technical Analysis of EOD Chart and Research For 25-05-2011

 EOD Chart(24-05-2011)
Just click on chart for its enlarged view
Main Features

1- Falling Wedge(Bullish Pattern) Formations in last 15 sessions.
2- Next 1st Support at 5348
3- Next 2nd Support at 5232
4- Next 3rd Support at 5177

Conclusions

All trends are down. 5th wave trend line and rising line continuation pattern has been broken down but Pull back rally and up moves hopes are still alive because last 15 sessions without force down moves and trend reversal Falling Wedge(Bullish Pattern) Formations in last 15 sessions also.

Indian Stock Markets Closing Reports(24-05-2011)

Main features of today trading are as follows

1- Most of the Indices closed flat.
2- Range bound quiet market
3- Most of the Indices and pivotal stocks showed consolidation patterns.

Ratios

Nifty Put Call Ratio: 0.80
Nifty P/E Ratio(24-05-2011): 19.90

Advances & Declines

BSE ADVANCES : 1312
BSE DECLINES : 1470
NSE ADVANCES :  641
NSE DECLINES :  759

Nifty Open Interest Changed Today

Nifty- 5300 CE(26-05-2011)- +821800(+60.55%)
Nifty- 5300 PE(26-05-2011)- +1677350(+25.52%)

Nifty- 5400 CE(26-05-2011)- +345950(+5.23%)
Nifty- 5400 PE(26-05-2011)- +480350(+7.43%)

Nifty- 5500 CE(26-05-2011)- -59350(-0.78%)
Nifty- 5500 PE(26-05-2011)- -342200(-8.02%)

Closing

Nifty- closed at 5,394.85(+8.30 Points & +0.15%)
Sensex- closed at 18,011.97(+18.64 Points & +0.10% )
CNX MIDCAP - closed at 7,783.80(+9.65 Points & +0.12%)
BSE SMALL CAP- closed at 8,053.96(-3.06 Points & -0.04%)

Nifty Spot-Levels & Trading Strategy for 25-05-2011

Nifty Spot-Levels

R3 5476
R2 5449
R1 5421
Avg 5394
S1 5366
S2 5339
S3 5311

Nifty Spot-Trading Strategy

H6 5449     Trgt 2
H5 5436     Trgt 1
H4 5424     Long breakout
H3 5409     Go Short
H2 5404
H1 5399
L1 5388
L2 5383
L3 5378     Long
L4 5363     Short Breakout
L5 5351     Trgt 1
L6 5338     Trgt 2

Nifty(May Fut)-Levels & Trading Strategy for 25-05-2011

Nifty(May Fut)-Levels

R3 5473
R2 5445
R1 5416
Avg 5388
S1 5359
S2 5331
S3 5302

Nifty(May Fut)-Trading Strategy

H6 5444     Trgt 2
H5 5431     Trgt 1
H4 5418     Long breakout
H3 5402      Go Short
H2 5397
H1 5392
L1 5381
L2 5376
L3 5371     Long
L4 5355    Short Breakout
L5 5342     Trgt 1
L6 5329     Trgt 2

Bank Nifty(May Fut)-Levels & Trading Strategy for 25-05-2011

Bank Nifty(May Fut)-Levels

R3 10713
R2 10617
R1 10522
Avg 10426
S1 10331
S2 10235
S3 10140

Bank Nifty(May Fut)-Trading Strategy

H6 10620     Trgt 2
H5 10576     Trgt 1
H4 10533     Long breakout
H3 10480     Go Short
H2 10463
H1 10445
L1 10410
L2 10392
L3 10375     Long
L4 10322     Short Breakout
L5 10279     Trgt 1
L6 10235     Trgt 2

FII & DII trading activity in Capital Market Segment on 24-May-2011

FII trading activity on NSE and BSE in Capital Mayket Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII24-May-20112539.942351.78188.16


DII trading activity on NSE and BSE in Capital Mayket Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII24-May-2011778.17745.2232.95

Pre-closing Outlook(24-05-2011)


Only trading between 5375-5400 was told and no other projection was given for today market and whole day Nifty hover around this range within 5367-5422 like a romantc youth and also will close within this range.

Following lines were told today in Post-open Outlook(24-05-2011)

First half hour intraday charts did not showed selling patterns today and indications of consolidations patterns also

Today intraday Patterns showed consolidations.

Mid-session Outlook(24-05-2011)

Nifty traded and hovered around 5375-5400 in first 3 hours of today trading. Following lines and this range break out implications have already been told were told in 3 previous outlooks:-

When Dow's Futures was more than 150 points down and Indian markets were trading near day's lows.Sentiment was completely deepressed then bearish views were not expressed and following lines were told in Pre-closing Outlook yesterday:-

"Nifty is trading between 5375-5400 for the last 3 hours and dipping below 4375 will mean begining of deep down and sustaining above 5400 will mean survival of bullush markets hopes."

When US markets were more than 1% down then also bearish views were not expressed and following lines were told in Nifty-Micro Analysis of Intra Day Chart yesterday:-

"As today down moves were the impact of crashing global markets therefore clear selling patterns are required below 5402 for Bearish markets confirmations. Nifty traded last 3 hours between 5375-5400 but patterns are mixed and if Nifty sustains below 5375 tomorrow then deep down will be seen"

Following line was told in Pre-open Outlook today :-

"Sustaining beyond 5375-5400 will be next move decider and will be watched first for next moves confirmations"

Post-open Outlook(24-05-2011)

Nifty traded with mixed intraday patterns between 5375-5400 for the last 3 hours yesterday and in previous 3 outlooks watching of this range and implications of this range was told. Nifty traded most of the time within mentioned range since opening today. First half hour intraday charts did not showed selling patterns today and indications of consolidations patterns also therefore 5375-5418 will be watched for next moves confirmations.

Pre-open Outlook(24-05-2011)

Technical Positions and next possibilities have already been posted in following topic with 7 charts yesterday therefore not repeated today:-

1-Nifty-Micro Analysis of Intra Day Chart(23-05-2011)
2-Weekly Outlook(May 23 to May 27,2011)

US markets closed more then 1% down yesterday but Asian markets are almost flat therefore sentiment is quiet and Indian markets opening will be almost flat.

All trends are down and all the technical indicators are suggesting Bearish markets. Last confirmation point is sustaining below 5444. Nifty traded whole day below it yesterday and also moved bolow strong support(5402).

As yesterday down moves were the impact of crashing global markets therefore clear selling patterns are required below 5402 for Bearish markets confirmations. Nifty traded last 3 hours between 5375-5400 yesterday but patterns were mixed and if Nifty sustains below 5375 today then it will be bear market confirmation and in that situation Indian markets will be deep down. Sustaining above 5400 will mean alive of Bullish markets expectations and crossing 5444 will be sigh of releaf of Bulls.

Sustaining beyond 5375-5400 will be next move decider and will be watched first for next moves confirmations.