Main features of today trading are as follows:-
1- Bullish Hammer Candle
2- Flat closing after recovering from whole day loss.
3- Nifty got support at 5792 within immediate support range 5785-5812
4- Strong indication of correction completion after last 2 selling within 5874-5912
Ratios:
Nifty Put Call Ratio: 0.94
Nifty P/E Ratio(01-04-2011): 21.91
Advances & Declines:
BSE ADVANCES : 1265
BSE DECLINES : 1601
NSE ADVANCES : 588
NSE DECLINES : 810
Nifty Open Interest Changed Today:-
Nifty- 5800 CE(28APR2011)- +543650(+14.29%)
Nifty- 5800 PE(28APR2011)- +269800(+3.71%)
Nifty- 5900 CE(28APR2011)- +1398600(+20.23%)
Nifty- 5900 PE(28APR2011)- -1225450(-17.06%)
Closing :-
Nifty- closed at 5,868.40(-6.10 Points & -0.10%)
Sensex- closed at 19,545.35(-38.96 Points & -0.20% )
CNX MIDCAP - closed at 8,331.35(+3.80 Points & +0.05%)
BSE SMALL CAP- closed at 8,896.86(-3.04 Points & -0.03%)
Nifty-Micro Analysis of Intra Day Chart(26-04-2011):-
Tomorrow(27-04-2011) Outlook
Just click following link to understand complete analysis of present technical position of Indian markets;-
Pre-closing Outlook(26-04-2011)
Just click following link to understand to understand today intraday patterns conclusion:-
Nifty-Micro Analysis of Intra Day Chart(26-04-2011)
Strong indication of correction completion after last 2 selling and fresh consolidation is required to cross next resistance(5874-5912). As all trends are up and and good consolidation seen today also therefore expected that Indian markets will consolidate tomorrow also and crossing 5912 will be first strong indication of fresh upmove and sustaining above 5940 will be Bull rally confirmation..
Just watch 5940 today for sharp rally confirmation.
1- Bullish Hammer Candle
2- Flat closing after recovering from whole day loss.
3- Nifty got support at 5792 within immediate support range 5785-5812
4- Strong indication of correction completion after last 2 selling within 5874-5912
Ratios:
Nifty Put Call Ratio: 0.94
Nifty P/E Ratio(01-04-2011): 21.91
Advances & Declines:
BSE ADVANCES : 1265
BSE DECLINES : 1601
NSE ADVANCES : 588
NSE DECLINES : 810
Nifty Open Interest Changed Today:-
Nifty- 5800 CE(28APR2011)- +543650(+14.29%)
Nifty- 5800 PE(28APR2011)- +269800(+3.71%)
Nifty- 5900 CE(28APR2011)- +1398600(+20.23%)
Nifty- 5900 PE(28APR2011)- -1225450(-17.06%)
Closing :-
Nifty- closed at 5,868.40(-6.10 Points & -0.10%)
Sensex- closed at 19,545.35(-38.96 Points & -0.20% )
CNX MIDCAP - closed at 8,331.35(+3.80 Points & +0.05%)
BSE SMALL CAP- closed at 8,896.86(-3.04 Points & -0.03%)
Nifty-Micro Analysis of Intra Day Chart(26-04-2011):-
 |
| Just click on chart for its enlarged view |
Tomorrow(27-04-2011) Outlook
Just click following link to understand complete analysis of present technical position of Indian markets;-
Pre-closing Outlook(26-04-2011)
Just click following link to understand to understand today intraday patterns conclusion:-
Nifty-Micro Analysis of Intra Day Chart(26-04-2011)
Strong indication of correction completion after last 2 selling and fresh consolidation is required to cross next resistance(5874-5912). As all trends are up and and good consolidation seen today also therefore expected that Indian markets will consolidate tomorrow also and crossing 5912 will be first strong indication of fresh upmove and sustaining above 5940 will be Bull rally confirmation..
Just watch 5940 today for sharp rally confirmation.