Live Proofs of our Accurate Predictions

Nifty slipped continuously and traded most time in Red but we told 4 times for that bounce back means sharp up move which was seen after 02:25 PM:-

1-We told at 11:28 AM- "bounce back expectations turned alive today"

2-We told at 01:22 PM-"bounce back expectations are still alive"

3-We told at 01:51 PM-"bounce back expectations are still alive"

4-We told at 02:18 PM-"bounce back expectations are still alive"

Just click on above mentioned time links and verify on yours own

Not only yesterday but 'Archive' at the bottom of Blog' is live proof of more than hundreds of such accurate and miraculous predictions in last 3 years. Anyone can verify this facts anytime from the Blog 'Archive'.

Pre-Closing Outlook-2(22-03-2013)

As all the European market slipped fast after weak opening therefore Indian markets also broken down today lowest(5641) but today intraday patterns are showing good consolidations patterns therefore bounce back expectations are still alive and next immediate down moves will be considered only after sustaining below 5641. 

Pre-Closing Outlook(22-03-2013)

Narrow range quiet market between 5641-5676 today with intraday consolidation patterns and some selling patterns indications also at higher levels but volatility also after weak opening of European markets. As intraday patterns are showing good consolidations patterns therefore bounce back expectations are still alive but some selling also at higher levels as well as Global markets weakness therefore valid break out today trading range will be next immediate move confirmation.

Mid-session Outlook-2(22-03-2013)

Although trading most time in Red during last 3 hours but intraday patterns are showing good consolidations patterns also therefore bounce back expectations are still alive.

Mid-session Outlook(22-03-2013)

Intraday recovery after lower levels consolidations but some selling patterns indications also in last half hour therefore both buying and selling positions between 5641-5676 today and follow up moves this range as well as its valid break out will be next immediate move confirmation.

Post-open Outlook(22-03-2013)

Most Global markets are weak but Indian markets traded most time in Green in first hour today therefore outperformed. First hour completely range bound trading between 5650-5676 but slipped and now trading in Red after forming new intraday low 10 minutes before. As intraday charts are showing consolidation indications therefore bounce back expectations turned alive today. Let on going down moves stop and develop the signals of Short Term Trend reversal some up moves will be considered.

Fresh shorting at these levels will be risky.

Nifty(Mar Fut)- Intraday Trading levels , Strategy and Targets for 22-03-2013

 -------------------------------------------------
Buy at or above:-5681
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1st Targets:5697
2nd Targets:5716
3rd Targets:5735
4th Targets:5754
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Stop Loss:5662
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Sell at or below:-5662
-------------------------------
1st Targets:5646
2nd Targets:5627
3rd Targets:5609
4th Targets:5590
-------------------------------
Stop Loss:5681
-------------------------------------------------
Trading guidance:-

1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.
6- Firstly  go through today Outlooks also for better profits and more accuracy.

Bank Nifty(Mar Fut)- Intraday Trading levels,Strategy and Targets for 22-03-2013

-------------------------------------------------
Buy at or above:-11262
-------------------------------
1st Targets:11283
2nd Targets:11309
3rd Targets:11336
4th Targets:11363
-------------------------------
Stop Loss:11236
-------------------------------------------------
Sell at or below:-11236
-------------------------------
1st Targets:11215
2nd Targets:11188
3rd Targets:11162
4th Targets:11135
-------------------------------
Stop Loss:11262
-------------------------------------------------
Trading guidance:-

1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.

Technical Analysis and Market Outlook(22-03-2013)

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

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Firstly bounce back after after UPA Govt. favouring decision by Mulayam Singh Yadav.
2- Selling between 5735-5757 
3- Whole day actual trading between 5650-5757

Conclusions from intra day chart analysis 

Just click following topic links for the analysis of detailed technical analysis:-

1- Correction Continuation after Pull Back rally termination(Updated on 18-03-2013)
2- Testing possibility of 5672(Updated on 20-03-2013)

Although firstly down moves and bounce back after UPA Govt. favouring decision by Mulayam Singh Yadav but emergence of selling could not sustain above 1st resistance(5745) and continuous down moves in last more than 2 hours. Huge selling at higher levels in last more than 3 months with Bearish Head and Shoulders formation and today closing below Long Term Trend decider 200-Day EMA(5672) means high possibility of its turning down.

As 200-Day EMA breaking down was due to negative news of political uncertainly therefore sustaining below 5672 has also to be watched in the next 2/3 sessions for the confirmation of Long Term Trend turning down and beginning of Bear phase. Complete consolidation patterns are required on EOD charts for the beginning of decisive up moves but Pull Back rally can not be ruled out any day after intraday and 2/3 days consolidations.

View is cautious because high possibility of Long Term Trend turning down through finally sustaining below 5672.

FII Trading Data in Derivatives Segment on 21-Mar-2013

FII & DII trading activity in Capital Market Segment on 21-Mar-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-Mar-2013 3469.45 3101.14 368.31

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 21-Mar-2013 1249.68 1279.76 -30.08

Nifty Spot-Levels & Trading Strategy for 22-03-2013

Nifty Spot-Levels

R3 5837
R2 5797
R1 5727
Avg 5687
S1 5617
S2 5577
S3 5507

Nifty Spot-Trading Strategy

H6 5768     Trgt 2
H5 5743     Trgt 1
H4 5718     Long breakout
H3 5688     Go Short
H2 5678
H1 5668
L1 5647
L2 5637
L3 5627     Long
L4 5597     Short Breakout
L5 5572     Trgt 1
L6 5547     Trgt 2

Nifty(Mar Fut)-Levels & Trading Strategy for 22-03-2013

Nifty(Mar Fut)-Levels

R3 5856
R2 5814
R1 5739
Avg 5697
S1 5622
S2 5580
S3 5505

Nifty(Mar Fut)-Trading Strategy

H6 5781     Trgt 2
H5 5754     Trgt 1
H4 5728     Long breakout
H3 5696     Go Short
H2 5685
H1 5674
L1 5653
L2 5642
L3 5631     Long
L4 5599     Short Breakout
L5 5573     Trgt 1
L6 5546     Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 22-03-2013

Bank Nifty(Mar Fut)-Levels

R3 11761
R2 11644
R1 11446
Avg 11329
S1 11131
S2 11014
S3 10816

Bank Nifty(Mar Fut)-Trading Strategy

H6 11565     Trgt 2
H5 11493    Trgt 1
H4 11422     Long breakout
H3 11335     Go Short
H2 11306
H1 11277
L1 11220
L2 11191
L3 11162     Long
L4 11075     Short Breakout
L5 11004     Trgt 1
L6 10932     Trgt 2

Pre-Closing Outlook-2(21-03-2013)

Sentiment is most depressed and Nifty has slipped below 5650 also but confirmation is must through sustaining below 5672 in the coming sessions for Long Term Trend turning down.

Pre-Closing Outlook(21-03-2013)

High volatility just above Long Term Trend decider 200-Day EMA amid political uncertainly and will not be resolved properly then Long Term Trend will be down after sustaining below 5672. As technically huge selling at higher levels in last 3 months therefore Indian markets are well prepared for huge fall and political uncertainty has fuelled this possibility in last 2/3 days. Following line was told in previous Outlook at 01:39:00 PM and being repeated:-

chances are high of finally sustaining below 5672

Mid-session Outlook-2(21-03-2013)

Following levels were updated in both previous Outlooks:-

1- sustaining above 5745 should be firstly watched for the possibility of strong Pull Back Rally confirmations.

2- Nifty is trading and preparing for next moves between 5730-5746 for the last more than 1 hour. Follow up move within this range and valid break out of this range should be firstly watched for next trend confirmations.

Although Nifty moves above 5745 but could not sustain above and again slipped below the range of 5730-5746.

I would like add here that next resistance above 5745 is at 5777 therefore strong Pull Back Rally confirmations will be above 5777. Next down moves first indication will be after sustaining below 4730 and finally sustaining beyond 200-Day EMA(5672) will decide that Long Term Trend which may last for many months or a year also.

Today is different news led volatile day and finally sustaining beyond 5672-5777 should be watched because that will give next Long Term trend confirmations and it should also be kept in mind that chances are high of finally sustaning below 5672

Mid-session Outlook(21-03-2013)

As selling between 5730-5745 yesterday therefore following line was told in Post-open Outlook(21-03-2013):-

sustaining above 5745 should be firstly watched for the possibility of strong Pull Back Rally confirmations.

Nifty is trading and preparing for next moves between 5730-5746 for the last more than 1 hour. Follow up move within this range and valid break out of this range should be firstly watched for next trend confirmations.

Post-open Outlook(21-03-2013)

Possibility of only bounce back was told and it was seen immediately after opening today. Testing possibility of 5672 was also told in almost all the last 2 days Outlooks and lowest formation at 5670.5 today. Hovering around 5672 was also today and immediate 30 points recovery from 5670.5 and Nifty is trading above 5700. Following line was also told today in Technical Analysis and Market Outlook(21-03-2013):-

some up moves also can not be ruled out after expected UPA Govt. favouring decision by Mulayam Singh Yadav today

As immediate relief to UPA Govt.from Mulayam Singh Yadav today and support not withdrawn therefore good recovery also from lower levels and Nifty is trading near about today higher levels.

As positive news flow today therefore some up moves can not be ruled out but multiple resistance at higher levels therefore follow up consolidation is required for any decisive rally and sustaining above 5745 should be firstly watched for the possibility of strong Pull Back Rally confirmations.

Technical Analysis and Market Outlook(21-03-2013)

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

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5730-5745 
2- Down moves are in Bullish falling channel
3- Whole day actual trading between 5683-5745 

Conclusions from intra day chart analysis 

200-Day EMA is at 5672 and Long Term Trend will be decided through sustaining it beyond,hovering around it is expected in the coming sessions. It should be kept in mind that political uncertainity may remain continued in the coming months and years also because till Elections always risk of Govt. falling and after Elections also  things may be worst if next Prime Minister will be from other than Congress or BJP.

Technically huge selling at higher levels in last 3 months and down moves continuation is expected. A phase of political uncertainity may begin and different news led volatility may be seen also therefore day to day news will effect intraday trading. As, Mulayam Singh Yadav will take his decision of his supports to UPA Govt today. Expected that Mulayam Singh Yadav will not withdraw support today and only some conditions will be decided.

Although some selling at higher levels and slipped also yesterday but down moves were in Bullish falling channel therefore bounce back is expected today and some up moves also can not be ruled out after expected UPA Govt. favouring decision by Mulayam Singh Yadav today. As multiple resistance at higher levels therefore follow up consolidation is required for any decisive rally and following resistances have to be watched during expected up moves today:-

1- 5745
2- 5777
3- 5850
4- 5970(Strong resistance)

Nifty(Mar Fut)- Intraday Trading levels , Strategy and Targets for 21-03-2013

 -------------------------------------------------

Buy at or above:-5719
-------------------------------
1st Targets:5735
2nd Targets:5754
3rd Targets:5773
4th Targets:5792
-------------------------------
Stop Loss:5700
-------------------------------------------------
Sell at or below:-5700
-------------------------------
1st Targets:5684
2nd Targets:5665
3rd Targets:5646
4th Targets:5627
-------------------------------
Stop Loss:5719
-------------------------------------------------
Trading guidance:-

1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.
6- Firstly  go through today Outlooks also for better profits and more accuracy.