Bank Nifty(Jan Fut)-Levels & Trading Strategy for 23-01-2012

Bank Nifty(Jan Fut)-Levels

R3 9888
R2 9713
R1 9601
Avg 9426
S1 9314
S2 9139
S3 9027


Bank Nifty(Jan Fut)-Trading Strategy

H6 9784     Trgt 2
H5 9716     Trgt 1
H4 9647     Long breakout
H3 9568     Go Short
H2 9542
H1 9516
L1 9463
L2 9437
L3 9411     Long
L4 9332     Short Breakout
L5 9263     Trgt 1
L6 9195     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Jan 23 to Jan 27,2012)

Nifty Spot-Weekly Levels

R3 5369
R2 5216
R1 5132
Avg 4979
S1 4895
S2 4742
S3 4658

Nifty Spot-Weekly Trading Strategy

H6 5295     Trgt 2
H5 5237     Trgt 1
H4 5178     Long breakout
H3 5113     Go Short
H2 5091
H1 5069
L1 5026
L2 5004
L3 4982     Long
L4 4917     Short Breakout
L5 4858     Trgt 1
L6 4800     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Jan 23 to Jan 27,2012)

Bank Nifty Spot-Weekly Levels

R3 10525
R2 10042
R1 9779
Avg 9296
S1 9033
S2 8550
S3 8287

Bank Nifty Spot-Weekly Trading Strategy

H6 10321     Trgt 2
H5 10123     Trgt 1
H4 9926     Long breakout
H3 9721     Go Short
H2 9652
H1 9584
L1 9447
L2 9379
L3 9310     Long
L4 9105     Short Breakout
L5 8908     Trgt 1
L6 8710     Trgt 2

Blog will be updated after 1:00 PM today.

Nifty-Micro Analysis of Intra Day Chart For 20-01-2012

Nifty-Intra Day Chart(19-Jan-2011):

Technical Patterns and Formations in today intraday charts

1- Support between 4995-5005
2- Mixed Patterns between 5010-5023
3- Whole day trading between 4995-5023

Conclusions from intra day chart analysis 

Gap up opening after strong global cues and intraday support at lower levels are showing rally continuation and until Nifty will not slip below 4995 till then any down move will not be considered because intraday consolidation and support above it.

As last more than one hour mixed intraday patterns between 5010-5023 therefore consolidation is required to sustain above it as well testing of next resistance range(5070-5098).

FII & DII trading activity in Capital Market Segment on 19-Jan-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 19-Jan-2012 2796.26 2170.12 626.14

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 19-Jan-2012 1087.26 1333.85 -246.59

Indian Stock Markets Closing Reports(19-Jan-2012)

Main features of today trading are as follows

1- All the Indices closed in Green except IT and FMCG.
2- Long White Candle.
3- Global cues led strong market after gap up opening.

Ratios

Nifty Put Call Ratio: 1.30
Nifty P/E Ratio(19-Jan-2012): 18.03

Advances & Declines

BSE Advances : 1814
BSE Declines : 990
NSE Advances : 993
NSE Declines : 461

Nifty Open Interest Changed Today

Nifty- 4900 CE(Jan)- -744550(-17.88%)
Nifty- 4900 PE(Jan)- +518600(+8.29%)

Nifty- 5000 CE(Jan)- -911150(-13.77%)
Nifty- 5000 PE(Jan)- +1653150(+63.76%)

Nifty- 5100 CE(Jan)- -228550(-3.09%)
Nifty- 5100 PE(Jan)- +316850(+37.40%)

Closing 

Nifty- closed at 5,018.40(+62.60 Points & +1.26%)
Sensex- closed at 16,643.74(+192.27 Points & +1.17% )
CNX Midcap - closed at 6,746.05(+98.55 Points & +1.48%)
BSE Smallcap- closed at 6,272.23(+76.53 Points & +1.24%)

India should plan for a major economic slowdown: World Bank

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Nifty Spot-Levels & Trading Strategy for 20-01-2012

Nifty Spot-Levels

R3 5062
R2 5042
R1 5030
Avg 5010
S1 4998
S2 4978
S3 4966

Nifty Spot-Trading Strategy

H6 5050     Trgt 2
H5 5042     Trgt 1
H4 5035     Long breakout
H3 5026     Go Short
H2 5023
H1 5020
L1 5015
L2 5012
L3 5009     Long
L4 5000     Short Breakout
L5 4993     Trgt 1
L6 4985     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 20-01-2012

Nifty(Jan Fut)-Levels

R3 5071
R2 5049
R1 5035
Avg 5013
S1 4999
S2 4977
S3 4963

Nifty(Jan Fut)-Trading Strategy

H6 5058     Trgt 2
H5 5050     Trgt 1
H4 5041     Long breakout
H3 5031     Go Short
H2 5028
H1 5025
L1 5018
L2 5015
L3 5012     Long
L4 5002     Short Breakout
L5 4993     Trgt 1
L6 4985     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 20-01-2012

Bank Nifty(Jan Fut)-Levels

R3 9366
R2 9291
R1 9246
Avg 9171
S1 9126
S2 9051
S3 9006

Bank Nifty(Jan Fut)-Trading Strategy

H6 9322     Trgt 2
H5 9294     Trgt 1
H4 9267     Long breakout
H3 9234     Go Short
H2 9223
H1 9212
L1 9190
L2 9179
L3 9168     Long
L4 9135     Short Breakout
L5 9107     Trgt 1
L6 9079     Trgt 2

Pre-Closing Outlook(19-01-2012)

First 5 hours trading between 4992-5014 and break out after intraday support between 4995-5005. As break out is lacking force and after that mixed intraday patterns between 5010-5023 therefore confirmation for next decisive up moves above 5000 is firstly required through sustaining above 5014 tomorrow.

Mid-session Outlook(19-01-2012)

Narrow range bound market between 4992-5014 and hovering around psychological level of 5000. As today up moves are due to strong Global cues led heated sentiment therefore confirmation through sustaining above today trading range is must for next up moves confirmation despite gap up strong market since opening today.

Post-open Outlook(19-01-2012)

Gap up strong opening and Nifty is hovering around 5000 but on the back of strong global cues as well as higher levels selling in two previous sessions therefore finally sustaining above 5000 today will be next upmoves confirmations.

Firstly watch sustaining above 5000 because it will be confirmation of crossing previous resistance(4950-4980) and testing possibility of next resistance(5070-5098).

Nifty-Micro Analysis of Intra Day Chart For 19-01-2012

Nifty-Intra Day Chart(18-Jan-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 4962-4977
2- Buying between 4932-4944
3- Whole day trading between 4932-4977

Conclusions from intra day chart analysis 

Trading within small 45 points range with higher levels selling and lower levels buying therefore sustaining beyond 4925-4977 will be firstly watched tomorrow for next short term moves confirmations.

FII Trading Data in Derivatives Segment on 18-Jan-2012

FII & DII trading activity in Capital Market Segment on 18-Jan-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 18-Jan-2012 3008.08 2132.23 875.85

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 18-Jan-2012 884.51 1474.78 -590.27

Indian Stock Markets Closing Reports(18-Jan-2012)

Main features of today trading are as follows

1 Benchmark Indices closed with minor loss but Midcap and Smallcap Indices ended more than 1% down.
2- Black Candle.
3- Trading within small 45 points range with higher levels selling and lower levels buying.

Ratios

Nifty Put Call Ratio: 1.20
Nifty P/E Ratio(18-Jan-2012): 17.81

Advances & Declines

BSE Advances : 1088
BSE Declines : 1718
NSE Advances : 413
NSE Declines : 1053

Nifty Open Interest Changed Today

Nifty- 4800 CE(Jan)- -166300(-5.38%)
Nifty- 4800 PE(Jan)- +783200(+11.75%)

Nifty- 4900 CE(Jan)- -169600(-3.76%)
Nifty- 4900 PE(Jan)- +919150(+16.02%)

Nifty- 5000 CE(Jan)- +192100(+2.81%)
Nifty- 5000 PE(Jan)- -342100(-11.39%)

Closing 

Nifty- closed at 4,955.80(-11.50 Points & -0.23%)
Sensex- closed at 16,451.47(-14.58 Points & -0.09% )
CNX Midcap - closed at 6,647.50(-77.80 Points & -1.16%)
BSE Smallcap- closed at 6,195.70(-62.75 Points & -1.00%)

Nifty Spot-Levels & Trading Strategy for 19-01-2012

Nifty Spot-Levels

R3 5028
R2 5004
R1 4979
Avg 4955
S1 4930
S2 4906
S3 4881

Nifty Spot-Trading Strategy

H6 5004     Trgt 2
H5 4993     Trgt 1
H4 4981     Long breakout
H3 4968     Go Short
H2 4963
H1 4959
L1 4950
L2 4946
L3 4941     Long
L4 4928     Short Breakout
L5 4916     Trgt 1
L6 4905     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 19-01-2012

Nifty(Jan Fut)-Levels

R3 4865
R2 4874
R1 4915
Avg 4924
S1 4965
S2 4974
S3 5015

Nifty(Jan Fut)-Trading Strategy

H6 4906     Trgt 2
H5 4918     Trgt 1
H4 4929     Long breakout
H3 4943     Go Short
H2 4947
H1 4952
L1 4961
L2 4966
L3 4970     Long
L4 4984     Short Breakout
L5 4995     Trgt 1
L6 5007     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 19-01-2012

Bank Nifty(Jan Fut)-Levels

R3 9284
R2 9187
R1 9106
Avg 9009
S1 8928
S2 8831
S3 8750

Bank Nifty(Jan Fut)-Trading Strategy

H6 9206     Trgt 2
H5 9165     Trgt 1
H4 9123     Long breakout
H3 9074     Go Short
H2 9058
H1 9042
L1 9009
L2 8993
L3 8977     Long
L4 8928     Short Breakout
L5 8886     Trgt 1
L6 8845     Trgt 2