Technical Analysis and Market Outlook(01-01-2013)

Nifty-Intra Day Chart (31-Dec-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Most time trading between 5898-5910.
2- Lower levels support between 5898-5902.
3- First more than 3 hours consolidation patterns.
4- Minor selling in last hour.
5- Whole day actual trading between 5898-5915. 

Conclusions from intra day chart analysis 

Long Term Trend is up,Intermediate and Short Term Trends are sideways for the last 20 Sessions between 5823-5965. Technical positions within this range are as follows:-

1- Supports between 5823-5865 
2- Resistances between 5904-5965

Most of the time narrow range quiet trading within 12 points between 5898-5910 today with most of the time intraday consolidation patterns. Although Nifty slipped to intraday lowest levels in last minutes but good consolidation seen between 20 Sessions resistance range today therefore up moves hopes turned alive. As strong resistances above today trading range therefore follow up consolidation is also required tomorrow and in the coming sessions for valid break out above 5965.

Expected that finally rally above 5965 will be seen after follow up consolidation and Indian markets will be positive after Green opening tomorrow. 

Indian Stock Markets Closing Reports(31-Dec-2012)

Main features of today trading are as follows

1- Benchmark Indices closed flat with minor loss.

2- Midcap and Smallcap closed with sufficient gains.

3- Doji Candle formation.

Ratios

Index Options Put Call Ratio: 1.07

Total Options Put Call Ratio: 0.99

Nifty P/E Ratio(31-Dec-2012):18.44

Advances & Declines

BSE Advances : 1,563

BSE Declines : 1,317 

NSE Advances :   964 

NSE Declines :   747 

Nifty Open Interest Changed Today

Nifty- 5800 CE(Jan)- 13,900(1.23%)

Nifty- 5800 PE(Jan)- 457,800(9.57%)

Nifty- 5900 CE(Jan)- 113,950(4.16%)

Nifty- 5900 PE(Jan)- 232,950(6.29%)

Nifty- 6000 CE(Jan)- 471,250(9.36%)

Nifty- 6000 PE(Jan)- 157,900(6.73%)

Nifty- 6100 CE(Jan)- 600,800(16.02%)

Nifty- 6100 PE(Jan)- 17,050(2.87%)

Closing 

Sensex- closed at 19,426.71(-18.13 Points & -0.09%)

Nifty- closed at 5,905.10(-3.25 Points & -0.06%)

CNX Midcap - closed at 8,505.10(36.65 Points & 0.43%)

CNX Smallcap- closed at 3,710.15(25.05 Points & 0.68%)

FII Trading Data in Derivatives Segment on 31-Dec-2012

FII & DII trading activity in Capital Market Segment on 31-Dec-2012

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 31-Dec-2012 1578.97 752.63 826.34

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 31-Dec-2012 911.94 1112.91 -200.97

Nifty Spot-Levels & Trading Strategy for 01-01-2013

Nifty Spot-Levels

R3 5939
R2 5929
R1 5917
Avg 5907
S1 5895
S2 5885
S3 5873

Nifty Spot-Trading Strategy

H6 5927     Trgt 2
H5 5922     Trgt 1
H4 5917     Long breakout
H3 5911     Go Short
H2 5909
H1 5907
L1 5902
L2 5900
L3 5898     Long
L4 5892     Short Breakout
L5 5887     Trgt 1
L6 5882     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 01-01-2013

Nifty(Jan Fut)-Levels

R3 6009
R2 5994
R1 5972
Avg 5957
S1 5935
S2 5920
S3 5898

Nifty(Jan Fut)-Trading Strategy

H6 5988     Trgt 2
H5 5979     Trgt 1
H4 5971     Long breakout
H3 5961     Go Short
H2 5957
H1 5954
L1 5947
L2 5944
L3 5940     Long
L4 5930     Short Breakout
L5 5922     Trgt 1
L6 5913     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 01-01-2013

Bank Nifty(Jan Fut)-Levels

R3 12702

R2 12658

R1 12617

Avg 12573

S1 12532

S2 12488

S3 12447

Bank Nifty(Jan Fut)-Trading Strategy

H6 12661     Trgt 2 

H5 12642     Trgt 1

H4 12622     Long breakout 

H3 12599     Go Short 

H2 12591

H1 12583

L1 12568

L2 12560

L3 12552     Long 

L4 12529     Short Breakout 

L5 12509     Trgt 1 

L6 12490     Trgt 2

CRUDEOIL-JAN Fut-Positional-Sold on 27-Dec-2012-Covering

CRUDEOIL-JAN Fut-Positional-Sold on 27-Dec-2012-Cover and book profit immediately-CMP-4985

Just click following topic link for verification of original call

CRUDEOIL-JAN Fut-Selling Trade

Pre-Closing Outlook(31-12-2012)

Although most of the time narrow range quiet trading within 12 points between 5898-5910 with intraday consolidation patterns but intraday volatility after 02:30 PM and also slipping from higher levels as well as again trading within previous range(5898-5910). As some selling patterns also seen after 02:30 PM after previous consolidations therefore mixed intraday patterns and valid break out of today trading range(5898-5919) should be firstly watched tomorrow for next moves confirmations.

Post-open Outlook(31-12-2012)

Last 3 hours narrow range quiet trading within 12 points between 5898-5910 with intraday consolidation patterns and valid break out of following levels should be firstly watched for:-

1- 5917 for next up moves strong indication.
2- 5965 for next rally confirmation.

As consolidation going on therefore Nifty may slip without force and support getting near about next support(5880) should also be watched for supports getting confirmations.

Bulls will Welcome in 2013

Nifty-Monthly Chart (28-Dec-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in Monthly charts

1- 6357.10 on 08-01-2008(All time high)
2- 2252.75 on 27-10-2008(Correction completion)
3- Impulsive Wave-1(6338.50 on 05-11-2010)
4- Corrective Wave-2(4531.15 on 20-12-2011(Rally beginning after 13 Months correction completion)
5- Impulsive Wave-3 is on

Conclusions from EOD chart analysis 

Corrective Wave-2 completed at 4531.15 on 20-12-2011 and we told following line at 01:58 AM on 22-12-2011:-

2012 will prove Bullish year after all corrections completion in 2011

Just click following topic link and verify our above statement on yours own as well as understand technical reasons of 2012 rally:-

4693 is Long Term Trend Decider for 2012 

When Indian markets were most Bearish after 13 months correction then we told more than 50 times for strong rally with technical reasons in Dec 2011 and Jan 2012.. Analysts may visit Archive of our Blog and understand technical reasons of 2012 rally. Impulsive Wave-3 is on and its strong up moves possibilities have also been updated one year before in following topic on 03-12-2011

New Historical Highs in 2012

Although new historical highs could not be formed in 2012 but impulsive Wave-3 is on and Indian markets are Bullish. Expected that blasting impulsive Wave-5 rally will also be seen in 2013 and:- 

1- Fast rally will be seen toward all time high in 2013.
2- Those higher levels will be also seen in 2013 which were considered in Jan 2008 and Jan 2011.  

Live Proofs of our Accurate Levels

We told following lines firstly within first 45 Minutes in Post-open Outlook and after that in other 2 Outlooks:-

1- Post-open Outlook- "next up moves also can not be ruled out but firstly sustaining beyond 5904-5917 should be watched for next moves confirmations"
2- Mid-session Outlook- "Next first up move will be considered above 5917"
3- Pre-Closing Outlook- "sustaining beyond 5865-5917 will be firstly watched for next next trend first indication"

Up moves seen as per our expectation and also Nifty could not move above 5917 according to our given condition of sustaining above 5917.

Today highest of NIFTY was at 5915.75. 
                                  -----------------
Such proofs were produced yesterday also in following topic link.Just click and verify on yours own:-

                                      

Live Proofs of our Accurate Predictions

FII & DII trading activity in Capital Market Segment on 28-Dec-2012

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 28-Dec-2012 2685.09 1851.69 833.4

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 28-Dec-2012 773.1 1303.45 -530.35

Indian Stock Markets Closing Reports(28-Dec-2012)

Main features of today trading are as follows

1- All Indices closed in Green except CNX PHARMA and CNX REALTY.
2- Whole day positive trading after Green opening.
3- White Candle formations.

Ratios

Index Options Put Call Ratio: 1.16
Total Options Put Call Ratio: 1.07
Nifty P/E Ratio(28-Dec-2012): 18.42

Advances & Declines

BSE Advances : 1,472
BSE Declines : 1,403
NSE Advances :   731
NSE Declines :   691

Nifty Open Interest Changed Today

Nifty- 5800 CE(Jan)- 49,500(-4.11%)
Nifty- 5800 PE(Jan)- 971,350(24.47%)

Nifty- 5900 CE(Jan)- 153,650(5.80%)
Nifty- 5900 PE(Jan)- 836,300(28.49%)

Nifty- 6000 CE(Jan)- 405,650(8.70%)
Nifty- 6000 PE(Jan)- 180,500(8.08%)
Nifty- 6100 CE(Jan)- 849,900(29.31%)
Nifty- 6100 PE(Jan)- 41,050(7.16%)

Closing 

Sensex- closed at 19,444.84(121.04 Points & 0.63%)
Nifty- closed at 5,908.35(38.25 Points & 0.65%)
CNX Midcap - closed at 8,468.45(72.95 Points & 0.87%)
CNX Smallcap- closed at 3,685.10(9.55 Points & 0.26%)

Nifty Spot-Levels & Trading Strategy for 31-12-2012

Nifty Spot-Levels

R3 5958

R2 5936

R1 5922

Avg 5900

S1 5886

S2 5864

S3 5850

Nifty Spot-Trading Strategy

H6 5944     Trgt 2 

H5 5935     Trgt 1

H4 5927     Long breakout 

H3 5917     Go Short 

H2 5914

H1 5911

L1 5904

L2 5901

L3 5898     Long 

L4 5888     Short Breakout 

L5 5880     Trgt 1 

L6 5871     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 31-12-2012

Nifty(Jan Fut)-Levels

R3 5996

R2 5978

R1 5966

Avg 5948

S1 5936

S2 5918

S3 5906

Nifty(Jan Fut)-Trading Strategy

H6 5984     Trgt 2 

H5 5977     Trgt 1

H4 5970     Long breakout 

H3 5962     Go Short 

H2 5959

H1 5956

L1 5951

L2 5948

L3 5945     Long 

L4 5937     Short Breakout 

L5 5930     Trgt 1 

L6 5923     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 31-12-2012

Bank Nifty(Jan Fut)-Levels

R3 12706

R2 12654

R1 12611

Avg 12559

S1 12516

S2 12464

S3 12421

Bank Nifty(Jan Fut)-Trading Strategy

H6 12663     Trgt 2 

H5 12641     Trgt 1

H4 12620     Long breakout 

H3 12594     Go Short 

H2 12585

H1 12576

L1 12559

L2 12550

L3 12541     Long 

L4 12515     Short Breakout 

L5 12494     Trgt 1 

L6 12472     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Dec 31 2012 to Jan 04,2013)

Nifty Spot-Weekly Levels

R3 6030

R2 5980

R1 5944

Avg 5894

S1 5858

S2 5808

S3 5772

Nifty Spot-Weekly Trading Strategy 

H6 5994     Trgt 2 

H5 5975     Trgt 1

H4 5955     Long breakout 

H3 5931     Go Short 

H2 5923

H1 5915

L1 5900

L2 5892

L3 5884     Long 

L4 5860     Short Breakout 

L5 5840     Trgt 1 

L6 5821     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Dec 31 2012 to Jan 04,2013)

Bank Nifty Spot-Weekly Levels

R3 12824

R2 12674

R1 12566

Avg 12416

S1 12308

S2 12158

S3 12050

Bank Nifty Spot-Weekly Trading Strategy 

H6 12720     Trgt 2 

H5 12659     Trgt 1

H4 12599     Long breakout 

H3 12528     Go Short 

H2 12505

H1 12481

L1 12434

L2 12410

L3 12387     Long 

L4 12316     Short Breakout 

L5 12256     Trgt 1 

L6  12195    Trgt 2

Pre-Closing Outlook(28-12-2012)

Whole day sideways quiet range bound market between 5879-5909 today after positive opening with selling patterns formations above 5900. Although selling within and below next immediate resistance range(5904-5917) but supports getting also at lower levels therefore sustaining beyond 5865-5917 will be firstly watched for next next trend first indication.