Indian Stock Markets Closing Reports(09-Sep-2011)

Main features of today trading are as follows

1- Long Engulfing Bearish Candle.
2- All the Indices closed in Red except CD.
3- CAG recommendation to Govt. news led weakness.

Ratios

Nifty Put Call Ratio: 1.11
Nifty P/E Ratio(09-Sep-2011): 18.26

Advances & Declines

BSE ADVANCES : 1207
BSE DECLINES : 1672
NSE ADVANCES : 502
NSE DECLINES : 929

Nifty Open Interest Changed Today

Nifty- 5000 CE(Sep)- +390900(+7.93%)
Nifty- 5000 PE(Sep)- -436000(-6.03%)

Nifty- 5100 CE(Sep)- +1504800(+34.46%)
Nifty- 5100 PE(Sep)- -24250(-0.67%)

Nifty- 5200 CE(Sep)- +1002300(+17.68%)
Nifty- 5200 PE(Sep)- +167450(+10.33%)

Closing 

Nifty- closed at 5,059.45(-93.80 Points & -1.82%)
Sensex- closed at 16,866.97(-298.570 Points & -1.74% )
CNX MIDCAP - closed at 7,413.50(-99.30 Points & -1.32%)
BSE SMALL CAP- closed at 7,304.02(-55.31 Points & -0.75%)

FII Trading Data in Derivatives Segment on 09-Sep-2011

FII & DII trading activity in Capital Market Segment on 09-Sep-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 09-Sep-2011 2355.77 2783.44 -427.67

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 09-Sep-2011 1125.2 1040.13 85.07

Nifty Spot-Levels & Trading Strategy for 12-09-2011

Nifty Spot-Levels

R3 5249
R2 5206
R1 5132
Avg 5089
S1 5015
S2 4972
S3 4898

Nifty Spot-Trading Strategy

H6 5176     Trgt 2
H5 5149     Trgt 1
H4 5123     Long breakout
H3 5091     Go Short
H2 5080
H1 5069
L1 5048
L2 5037
L3 5026     Long
L4 4994     Short Breakout
L5 4968     Trgt 1
L6 4941     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 12-09-2011

Nifty(Sep Fut)-Levels

R3 5217
R2 5185
R1 5105
Avg 5073
S1 4993
S2 4961
S3 4881

Nifty(Sep Fut)-Trading Strategy

H6 5136     Trgt 2
H5 5111     Trgt 1
H4 5086     Long breakout
H3 5055     Go Short
H2 5045
H1 5035
L1 5014
L2 5004
L3 4994     Long
L4 4963     Short Breakout
L5 4938     Trgt 1
L6 4913     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 12-09-2011

Bank Nifty(Sep Fut)-Levels

R3 10192
R2 10076
R1 9867
Avg 9751
S1 9542
S2 9426
S3 9217

Bank Nifty(Sep Fut)-Trading Strategy

H6 9984     Trgt 2
H5 9911     Trgt 1
H4 9837     Long breakout
H3 9748     Go Short
H2 9718
H1 9688
L1 9629
L2 9599
L3 9569     Long
L4 9480     Short Breakout
L5 9406     Trgt 1
L6 9333     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Sep 12 to Sep 16,2011)

Nifty Spot-Weekly Levels

R3 5397
R2 5283
R1 5171
Avg 5057
S1 4945
S2 4831
S3 4719

Nifty Spot-Weekly Trading Strategy 

H6 5290     Trgt 2
H5 5236     Trgt 1
H4 5183     Long breakout
H3 5121     Go Short
H2 5100
H1 5079
L1 5038
L2 5017
L3 4996     Long
L4 4934     Short Breakout
L5 4881     Trgt 1
L6 4827     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Sep 12 to Sep 16,2011)

BankNifty Spot-Weekly Levels

R3 10532
R2 10236
R1 9947
Avg 9651
S1 9362
S2 9066
S3 8777

BankNifty Spot-Weekly Trading Strategy 

H6 10263    Trgt 2
H5 10121    Trgt 1
H4 9980     Long breakout
H3 9819     Go Short
H2 9766
H1 9712
L1 9605
L2 9551
L3 9498     Long
L4 9337     Short Breakout
L5 9196     Trgt 1
L6 9054     Trgt 2

Pre-Closing Outlook(09-09-2011)

When Asian markets were positive and Dow's Futures was more than 70 points up then then CAG recommendation to Govt. news was mentioned and cautious views were posted well before the beginning of Indian markets today and weakness was clearly told in told in Post-open Outlook also.

Double blow to Indian markets and Global markets also turned negative during Indian trading hours today:-

1-Dow's Futures was more than 70 points up in the morning but now more than 20 points down.
2- All the Asian markets lost early gains and closed in Red except Taiwan.
3- European markets also tumbled and .50% to 1.50% down.

Clear intraday selling patterns at higher levels today and market is sharply down. As good selling developed today therefore more down moves are also possible in the coming week.

Mid-session Outlook-2(09-09-2011)

Clearly told for sharp declines below 5107 and that was seen also.

CAG recommendation to Govt. news impact was told before the beginning of market in Pre-Open Market Outlook and it is being seen today. Nifty failed to sustain between resistance range after mentioned negative news and slipped below therefore risk of Pull Back rally termination.

Mid-session Outlook(09-09-2011)

Following line was written and importance of 5107 was told in Post-open Outlook-2 today

Nifty consolidated nicely between 5107-5122 yesterday and sustaining below 5107 will mean failing to cross resistance range of 5120-5220 and that will be sharp down moves confirmation also.

Nifty retraced from 5107.55 and then traded at 5128. Just keep in mind above lines which were told about 5107 and get next decisive moves confirmations.

Post-open Outlook-2(09-09-2011)

Sentiment was most contradictory before opening today because Dow'Futures was more than 70 points up and all the Asian markets were trading with good gains but CAG recommendation to Govt. news negative impact on Indian market was understood and 30 points first indication range of 5140-5170 was updated in Pre-Open Outlook and Nifty traded within given range(5142-5163) in first 55 minutes today.

RIL is 1.4% down and Asian markets also slipped from intra day higher levels with Dow'Futures down to +40. Nifty is also below 5140 and it is strong indication of weakness. Nifty consolidated nicely between 5107-5122 yesterday and sustaining below 5107 will mean failing to cross resistance range of 5120-5220 and that will be sharp down moves confirmation also.

Post-open Outlook(09-09-2011)

As sentiment dampening CAG  recommendation to Govt. news therefore its impact and expected trading levels were updated well before the beginning of today market. Nifty is trading within mentioned levels since opening today. Global markets are strong but Indian markets are almost flat due to mentioned news.

Indian markets will preapre for next moves within mentioned levels and its break out will be net result of fresh positions formation within mentioned range. Indian markets are showing weakness today and confirmation will be sustaining beyond mentioned levels.

Pre-Open Market Outlook(09-09-2011)

Indian markets consolidated nicely yesterday  and technically well prepared for continuation of Pull Back rally but sentiment is depressed in Indian markets today morning due to following negative news which is involving Central Govt. and RIL:-

CAG asks govt to review 10 contracts

RIL is always trend decider for Indian markets and above news is involving Union Govt. also therefore it may hamper sentiment today. Indian markets are trading between resistance range of 5120-5220 and consolidation as well as follow up buying is must for fresh up moves after above negative news.

Asian markets are positively reacting Obama package and strong. Dow's Futures is also more than 70 points up since morning today but Indian markets will react CAG report also. Following levels break out should be watched first for next moves confirmations in the light of mixed sentiments in Indian markets:-

1- 5140-5170(First indication)
2- 5120-5220(Confirmation)

Above mentioned ranges break out will decide the depth and gravity of above news and will give decisive direction to Indian markets.

Pull Back Rally next Target at 5335

Technical Analysis and Research For 09-09-2011 & Next Week

Nifty-EOD Chart(08-Sep-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Falling Trendline Cross Over.
2- Sub Wave-1 Started from 4720 and terminated at 5113 after gaining 393 points.
3- Corrective Sub Wave-2 commenced and it completed at 4942 
3- Sub Wave-3 begun from 4942 and 100% gains(393 points) of Wave-1 means target at 5335.

Conclusions

As Indian markets move up nicely after good consolidations today therefore expected that on going rally will remain continued in the coming sessions as well as testing possibility of 5335 can not be ruled out also.

Testing and crossing 5335 means will mean:-

1- Crossing of Inverted Head & Shoulders Neckline at 5230 and it will be trend reversal and strong up move confirmation.
2- Gap Resistance created on 05-08-2011 and its higher level is at 5323. Filling of this gap will mean gaining strength after crossing resistance.
3- Intermediate term trend turning up.
4- Crosing 55 Day EMA.

Sub Wave-3 is on after completion of very short term correction and also moving up after consolidation within crucial resistance range(5120-5220). Once crossing 5220 will mean sharp surge and high possibility of 5335 testing.

As good consolidation till today and almost 50% of the resistance range(5120-5220) with intraday consolidation patterns therefore  expected that Nifty will test 5335 in the coming week.

Indian markets are technically mature for 5335 but if Global markets crash then view will be cautious. 

Nifty-Micro Analysis of Intra Day Chart For 09-09-2011

Nifty-Intra Day Chart(08-Sep-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between- 5107-5122(told 3 times during trading hours today)
2- Minor consolidation between 5146-5166 also.
3- Whole day trading between 5102-5169

Conclusions

Pull Back rally is on and fresh rally started after 4 days correction on 06-09-2011. Rally is moving within resistance range(5120-5220) therefore consolidation is required before each rise and it was seen today also. As today rally was expected therefore following line was also told yesterday in Technical Analysis,Researches & Market Outlook(08-09-2011)

Pull Back rally is on and more up moves are demand of on going rally therefore expected that follow up buying will be seen in the coming sessions and markets will move up

Nifty is trading between resistance range(5120-5220) and consolidation is required for an upmove therefore firstly intraday consolidations and then up moves are expected in the coming sessions.

Trend Reversal Bullish Inverted Head & Shoulders Pattern Formation

Technical Analysis and Research For 09-09-2011 & Next Week

Nifty-EOD Chart(08-Sep-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Trend Reversal Inverted Head & Shoulders Pattern under construction
2- Neckline at 5230

Conclusions

Trend Reversal Inverted Head & Shoulders Pattern is under construction,its Neckline is at 5230. Next crucial resistance is just below it within 5120-5220 and Nifty consolidated nicely between this range today.

Pull Back rally is on and expected that follow up consolidation will be seen in the coming sessions and sharp rally will be seen after crossing of Neckline at 5230.

FII & DII trading activity in Capital Market Segment on 08-Sep-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 08-Sep-2011 2228.54 2214.36 14.18

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 08-Sep-2011 853.19 1119.8 -266.61

Indian Stock Markets Closing Reports(08-Sep-2011)

Main features of today trading are as follows

1- Bullish Hammer Candle
2- Green closing.
3- Rally after good lower level consolidations.

Ratios

Nifty Put Call Ratio: 1.07
Nifty P/E Ratio(08-Sep-2011): 18.60

Advances & Declines

BSE ADVANCES : 1728
BSE DECLINES : 1125
NSE ADVANCES :  876
NSE DECLINES :  550

Nifty Open Interest Changed Today

Nifty- 5100 CE(Sep)- -50200(-1.08%)
Nifty- 5100 PE(Sep)- +690100(+23.49%)

Nifty- 5200 CE(Sep)- +227600(+4.02%)
Nifty- 5200 PE(Sep)- +380850(+30.16%)

Closing 

Nifty- closed at 5,153.25(+28.60 Points & +0.56%)
Sensex- closed at 17,165.54(+100.54 Points & +0.59% )
CNX MIDCAP - closed at 7,512.80(+4.80 Points & +0.06%)
BSE SMALL CAP- closed at 7,359.33(+52.31 Points & +0.72%)

Nifty Spot-Levels & Trading Strategy for 09-09-2011

Nifty Spot-Levels

R3 5253
R2 5211
R1 5182
Avg 5140
S1 5111
S2 5069
S3 5040

Nifty Spot-Trading Strategy

H6 5224     Trgt 2
H5 5208     Trgt 1
H4 5192     Long breakout
H3 5172     Go Short
H2 5166
H1 5159
L1 5146
L2 5139
L3 5133     Long
L4 5113     Short Breakout
L5 5097     Trgt 1
L6 5081     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 09-09-2011

Nifty(Sep Fut)-Levels

R3 5276
R2 5225
R1 5190
Avg 5139
S1 5104
S2 5053
S3 5018

Nifty(Sep Fut)-Trading Strategy

H6 5242     Trgt 2
H5 5222     Trgt 1
H4 5202     Long breakout
H3 5178     Go Short
H2 5170
H1 5162
L1 5147
L2 5139
L3 5131     Long
L4 5107     Short Breakout
L5 5087     Trgt 1
L6 5067     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 09-09-2011

Bank Nifty(Sep Fut)-Levels

R3 10190
R2 10059
R1 9983
Avg 9852
S1 9776
S2 9645
S3 9569

Bank Nifty(Sep Fut)-Trading Strategy

H6 10118     Trgt 2
H5 10070     Trgt 1
H4 10021     Long breakout
H3 9964      Go Short
H2 9945
H1 9926
L1 9889
L2 9870
L3 9851      Long
L4 9794      Short Breakout
L5 9745      Trgt 1
L6 9697      Trgt 2

Mid-session Outlook-4(08-09-2011)

It was told again and again that Indian markets are not mature for any side decisive moves and will firstly prepare for next moves within yesterday trading range. As was told same was seen and Nifty traded first 4 hours within yesterday range trading. Consolidation and intra day supports were also told 3 times in following lines during today market hours:-

Intraday support seen at lower levels and intraday patterns also showing consolidations.

As market could not sustained at higher levels therefore following possibility was also told 2 times for precaution:-

profit booking possibility also can not be ruled out between 5132-5139.

Following conclusive lines  were told in Technical Analysis,Researches & Market Outlook(08-09-2011)

Pull Back rally is on and more up moves are demand of on going rally therefore expected that follow up buying will be seen in the coming sessions and markets will move up.

Supports,consolidations and up moves were told again and again and Indian markets moved up finally and crossed yesterday range. Rally is very much continued accoring to our expectations and more up moves will be seen.

Mid-session Outlook-3(08-09-2011)

It was told again and again that Indian markets are not mature for any side decisive moves and will firstly prepare for next moves within yesterday trading range. As was told 100% same happened and Nifty is trading between mentioned ranges  for the last 4 hours. 

Intraday support seen at lower levels and intraday patterns also showing consolidations but market could not susaineand higher level and profit booking possibility also can not be ruled out between 5132-5139.

As intraday signals are mixed at this moment therefore next moves and trend confirmation crucial ranges should be kept in mind which have already been posted in previous outlooks.

Mid-session Outlook-2(08-09-2011)

Lower levels minor support but not sustaining at higher levels also and profit booking possibility also can not be ruled out between 5132-5139. Following ranges should be kept in mind for deciding next moves;-

1- For next moves first indication- 5098-5140
2- For next moves confirmation- 5085-5153.

Mid-session Outlook(08-09-2011)

Following first trading range for next moves preparation was given in today Pre-open Outlook:-

Nifty will firstly trade and prepare for next moves between 5110-5140

Nifty traded most of the time and prepared for next moves within above mentioned range with first 2 hours high low of 5098.25-5140.70.

First two hours today intraday charts are showing intraday minor support signals at lower levels and consolidation patterns also developed. Crossing 5140 will be first indication and sustaining above 5153 will be next up moves confirmation.

Market and not riped for any side decisive moves and preparing for next moves between 5098-5140 today. Let this process complete then trending market will be seen.

Pre-open Outlook(08-09-2011)

Technical Analysis,Research of EOD,Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained yesterday in following topics with 1 Chart therefore not being repeated:-

Technical Analysis,Researches & Market Outlook(08-09-2011)

Market always moves on its own technicals therefore when DOW Jones was more than 200 points down on 06-09-2011 then we told for yesterday Bullish markets and Indian markets closed more than 1% up. When DOW Jones was more than 200 points up yesterday then we did not told for today Bull markets in above mentioned topic and repeated same views of follow up  Buying/Selling which we had already been expressed in Pre-Closing Outlook(07-09-2011) also.

Higher levels Buying and lower levels selling yesterday therefore range bound market between yesterday trading range(5085-5153) will be seen and Indian markets will prepare for next decisive moves between this range today as well as this range break out will be next moves confirmation.

Nifty will firstly trade and prepare for next moves between 5110-5140 after flat to positive opening and break out of this range will give next moves first indication. Next moves confirmation will be sustaining beyond 5085-5153.

Technical Analysis,Researches & Market Outlook(08-09-2011)

Nifty-Intra Day Chart(07-Sep-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation(Support) between 5085-5113
2- Up moves in Rising Channel which was broken down in last 45 minutes.
3- Minor Head & Shoulder formation in last 2 hours between 5140-5153.
4- Falling trend line(1st support near 5115)
5- Slow up moves within next crucial Resistance range(5120-5220)
6- Whole day trading between 5085-5153.

Conclusions from today intraday chart

Slow up moves in Rising Channel were seen today but minor selling pattern of Head and Shoulders developed in last 2 hours between 5140-5153 therefore whole day Rising Channel broken down in last 45 minutes and Nifty closed below it also.

Resistances are as follows;-

1- Today selling between 5140-5153
2- Crucial Resistance range(5120-5220)


Only upmoves and continuation of Pull Back Rally was told in all the 5 outlooks which were posted for today market and never told only a single word for down moves. Positive market was told also immediately after Delhi Bomb blast news and up moves seen after that heart breaking incident. Pull Back rally is on but Indian markets are not mature for any side sustained moves today because:-

1- Selling formation and small HNS formation at higher levels today between crucial Resistance range(5120-5220) therefore complete consolidation is must for any up move from today highs. 


2- Pull back rally is on and today 2 hours selling is not sufficient for down moves views formation. Complete selling is also required for moving below today support range(5085-5113)

Conclusions

Lower levels consolidations(5085-5113) and higher levels selling(5140-5153) between today trading range(5085-5153) therefore Indian markets will firstly prepare for next moves and follow up  Buying/Selling in the coming sessions will give next moves indications.

Pull Back rally is on and more up moves are demand of on going rally therefore expected that follow up buying will be seen in the coming sessions and markets will move up. As selling at higher levels today therefore confirmation is required after sustaining above 5113.

FII Trading Data in Derivatives Segment on 07-Sep-2011

FII & DII trading activity in Capital Market Segment on 07-Sep-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 07-Sep-2011 3049.63 2787.2 262.43

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 07-Sep-2011 1224.7 1305.51 -80.81

Indian Stock Markets Closing Reports(07-Sep-2011)

Main features of today trading are as follows

1- White Candle.
2- All the Indices closed in Green except FMCG.
3- Up moves in Rising Channel.

Ratios

Nifty Put Call Ratio: 1.05
Nifty P/E Ratio(07-Sep-2011): 18.50

Advances & Declines

BSE ADVANCES : 1949
BSE DECLINES : 922
NSE ADVANCES : 1100
NSE DECLINES : 341

Nifty Open Interest Changed Today

Nifty- 5000 CE(Sep)- -410650(-7.23%)
Nifty- 5000 PE(Sep)- +880950(+14.77%)

Nifty- 5100 CE(Sep)- +311500(+6.77%)
Nifty- 5100 PE(Sep)- +919650(+42.36%)

Nifty- 5200 CE(Sep)- +135300(+2.44%)
Nifty- 5200 PE(Sep)- +274250(+27.44%)

Closing 

Nifty- closed at 5,124.65(+60.35 Points & +1.19%)
Sensex- closed at 17,065.00(+202.19 Points & +1.20% )
CNX MIDCAP - closed at 7,508.00(+110.10 Points & +1.49%)
BSE SMALL CAP- closed at 7,307.02(+109.78 Points & +1.53%)

Pre-Closing Outlook(07-09-2011)

Following lines were told for today up moves which proved 100% accurate during trading hours today and slow up moves seen today:-

Next Resistance is between 4120-5220 therefore complete consolidation is required between this range for crossing 5220 and slow up moves may be seen between this range.

Nifty-Intra Day Chart upto 02:48PM(07-Sep-2011):-

Just click on chart for its enlarged view

Slow up moves and Complete consolidation demand was told and same is clear from above intraday chart of Nifty. As complete consolidation not seen therefore market slipped .

Selling formation and small HNS formation seen at higher levels today but it is not sufficient for next moves confirmation. Market is not mature for any side sustained move today and tomorrow follow up Buying/Selling will give next moves indications and confirmations.

Mid-session Outlook(07-09-2011)

Continuation of Pull Back rally was told 11:27:00 PM yesterday also also following conclusive line was updated in Pre-open Outlook today:-

Finally continuation of rally and up moves are expected after initial consolidations.

As was told 100% same happened and Indian markets moved up after first hour consolidation

Bearish views were not updated even after Delhi blast and positive market was told in that grim situation also. Upmoves remained continued after blast new top of the rally formed also today.
.
Cotinuation of Pull Back rally expected after minor intraday corrections.

Blasts in Delhi near High Court

Market is positive but voltality may be seen.

Pre-open Outlook(07-09-2011)

When Dow Jones was trading more than 200 points down yesterday then following bullish views were expressed in Nifty-Micro Analysis of Intra Day Chart For 07-09-2011:-

Indian markets out performed Global markets in last 3 sessions and continuation of rally also expected in the coming sessions

US markets sufficiently recovered from lower levels yesterday therefore sentiment improved and all the Asian markets are positive today morning. Positive zone trading will be seen after Green opening and continuation of rally expected but mixed intraday patterns seen between 5054-5072 yesterday therefore voltality may be seen in the beginning of trading and sustaining above 5072 will be next up moves confirmation.

Next Resistance is between 4120-5220 therefore complete consolidation is required between this range for crossing 5220 and slow upmoves may be seen between this range. Crossing 5220 will mean worst is over and sharp upmoves will be seen above it.

Expected that Nifty will firstly trade between 5065-5110 and this range break out will be next moves confirmation. Finally continuation of rally and up moves are expected after initial consolidations.

Nifty-Micro Analysis of Intra Day Chart For 07-09-2011

Nifty-Intra Day Chart(06-Sep-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 4945-4966
2- Mixed Patterns between 5054-5072
3- Whole day trading between 4945-5072

Conclusions

Pull Back rally started on 26-08-2011 from 4720 and its correction begun from 5114. Short term correction remained continued for 4 days and Nifty crossed all the resistances of the rally as well as closed at the top of rally today.

Although Indian markets out performed Global markets in last 3 sessions and continuation of rally also expected in the coming sessions but sustaining above 5072 will be watched firstly for next up moves confirmations because mixed patterns between 5054-5072 in last 50 minutes today.

FII Trading Data in Derivatives Segment on 06-Sep-2011

FII & DII trading activity in Capital Market Segment on 06-Sep-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 06-Sep-2011 3629.92 3198.44 431.48

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 06-Sep-2011 862.48 1277.65 -415.17

Indian Stock Markets Closing Reports(06-Sep-2011)

Main features of today trading are as follows

1- Long White Candle.
2- Green Closing.
3- Strong recovery from lower levels.

Ratios

Nifty Put Call Ratio: 1.14
Nifty P/E Ratio(06-Sep-2011): 18.28

Advances & Declines

BSE ADVANCES : 1622
BSE DECLINES : 1199
NSE ADVANCES : 873
NSE DECLINES : 547

Nifty Open Interest Changed Today

Nifty- 4900 CE(Sep)- +12050(+0.37%)
Nifty- 4900 PE(Sep)- +578700(+10.59%)

Nifty- 5000 CE(Sep)- +252450(+4.63%)
Nifty- 5000 PE(Sep)- +399800(+7.10%)

Nifty- 5100 CE(Sep)- +421000(+9.28%)
Nifty- 5100 PE(Sep)- +289850(+15.45%)

Closing 

Nifty- closed at 5,064.30(+47.10 Points & +0.94%)
Sensex- closed at 16,862.81(+149.48 Points & +0.89% )
CNX MIDCAP - closed at 7,397.90(+20.70 Points & +0.28%)
BSE SMALL CAP- closed at 7,197.24(+50.79 Points & +0.71%)

Pre-Closing Outlook(06-09-2011)

Last Resistance of previous 4 sessions has been crossed and on going Pull Back rally is continued.

Following line proved 100% true which was told  today in Pull Back Rally is on amid Crashing Global Markets;-

 As Good buying between 4929-5026 during last 3 sessions therefore finally upmoves and continuation of Pull Back Rally expected

Mid-session Outlook-2(06-09-2011)

Only Bullish views were posted in this Blog for today despite crashing Global markets. We were cautious for safety because Global markets were crashing and US Futures were more than 2.5% down.

As soon as intraday support developed then it was updated also in Mid-session Outlook and following lines were told:-

"Final conclusion from today markets that Indian markets could not test last 3 sessions low(4929) and lower levels supports are safe because lower levels consolidation also seen between 4945-4966 today"

Nifty crossed 5029 and tested last 3 sessions resistance range(5037-5064) today. Following conclusive line should be kept in mind which was told in Pull Back Rally is on amid Crashing Global Markets:-

Pull Back rally is continued from 4720 and its correction is on between 4929-5064 for the last 3 sessions. As Good buying between 4929-5026 during last 3 sessions therefore finally upmoves and continuation of Pull Back Rally expected but caution is must for the only reason given above.

Mid-session Outlook(06-09-2011)

Indian markets are dancing on volatile Global Cues. Dow's Futures was 287 points down and Indian markets slipped but as soon as Dow's Futures recovered to -210 points then Indian markets surged.

Nifty also slipped but could not sustain below yesterday low of 4966 and last 3 sessions low of 4929 is also not tested. I am again and again telling for global markets influence on Indian markets moves and today voltality is due to Global markets only.

Final conclusion from today markets that Indian markets could not test last 3 sessions low(4929) and lower levels supports are safe because lower levels consolidation also seen between 4945-4966 today.  

Global cues led volatile markets and technical positions shift fast during such markets therefore next decisive moves will get confirmation through sustaining beyond crucial range of 4929-5064.

Post-open Outlook-2(06-09-2011)

Dow's Futures is 287 points down and most of the Asian markets are 1% to 2% down at this moment. Sentiment is completely depressed and last hope is yesterday consolidation range(4966-4994) and Nifty traded most of the time between this range today.

Nifty is sustaining below 4984 and sharp declines are possible after sustaining below below 4966.

Post-open Outlook(06-09-2011)

As Global markets are crashing therefore first range(4984-5029) was given for next moves confirmations in Pre-Open Market Outlook today. Nifty could not sustained at higher levels and slipped below 4984 but Strong support between 4929-4984 also and market require complete selling patterns for sustaining below 4984.

View is cautious and if follow up selling develops today as well as Nifty sustains below 4984 then down moves will be seen on the back of crashing Global markets.

Pre-Open Market Outlook(06-09-2011)

Technical Analysis and Research of  Micro Analysis of Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained in following topics with 2 Charts therefore not being repeated:-

Pull Back Rally is on amid Crashing Global Markets

All the Global markets are melting but Indian markets are out performing and got support at lower levels in 2 previous sessions. As all the Asian markets are in Red,Dow's Futures is more than 250 points and sentiment is subdued today morning therefore weak opening will be seen and Nifty will first trade at higher levels of yesterday range between 4984-5029

Finally up moves are expected after fresh follow up buying between 4984-5029 but Global markets are crashing therefore break out of today first range(4984-5029) will be watched firstly for next moves confirmations.

Pull Back Rally is on amid Crashing Global Markets

Technical Analysis,Researches & Market Outlook(06-09-2011)

Nifty-Intra Day Chart(05-Sep-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Good consolidation Patterns between 4966-4994
2- Two times falling Channel and its break out at higher levels of the day.
3- Whole day trading and consolidation between 4960-5022

Conclusions

Nifty traded whole day betwen 4960-5022 and intraday charts of whole day are suggesting good consolidation Patterns. Although crashing all Global markets today and Dow Futures is 253 points down at this moment also but whole good intraday consolidation today therefore up moves are expected in the coming sessions.

Last 3 sessions trading range is 4929-5064. Supports and resistances within this range are as follows;-

1- Strong supoport between 4929-4995
2- Strong supoport between 4995-5026
3- Resistance between 5037-5064

As all the Global markets are crashing therefore caution is must and above supports/resistance ranges break out should be watched for next moves confirmations. Today whole day good consolidation but follow up buying/selling will be firstly watched tomorrow. Follow up buying tomorrow will mean fast up moves. If follow up selling develops on the back of crashing Global markets then complete selling patterns are required for next down moves and slipping below 4929.

Pull Back rally is continued from 4720 and its correction is on between 4929-5064 for the last 3 sessions. As Good buying between 4929-5026 during last 3 sessions therefore finally upmoves and continuation of Pull Back Rally expected but caution is must for the only reason given above.

FII Trading Data in Derivatives Segment on 05-Sep-2011

FII & DII trading activity in Capital Market Segment on 05-Sep-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 05-Sep-2011 2971.1 2837.88 133.22

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 05-Sep-2011 1110.29 963.06 147.23

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

Main features of today trading are as follows

1- White Candle.
2- Red closing.
3- Good recovery from intraday lower levels.

Ratios

Nifty Put Call Ratio: 1.17
Nifty P/E Ratio(05-Sep-2011): 18.11

Advances & Declines

BSE ADVANCES : 1486
BSE DECLINES : 1334
NSE ADVANCES : 729
NSE DECLINES : 695

Nifty Open Interest Changed Today

Nifty- 4900 CE(Sep)- +9300(+0.28%)
Nifty- 4900 PE(Sep)- +679100(+13.64%)

Nifty- 5000 CE(Sep)- +202200(+3.83%)
Nifty- 5000 PE(Sep)- +402400(+7.51%)

Nifty- 5100 CE(Sep)- +446350(+10.73%)
Nifty- 5100 PE(Sep)- +200000(+11.81%)

Closing 

Nifty- closed at 5,017.20(-22.80 Points & -0.45%)
Sensex- closed at 16,713.33(-108.13 Points & -0.64% )
CNX MIDCAP - closed at 7,377.20(+41.35 Points & +0.56%)
BSE SMALL CAP- closed at 7,146.45(+12.71 Points & +0.18%)

Nifty Spot-Levels & Trading Strategy for 06-09-2011

Nifty Spot-Levels

R3 5109
R2 5069
R1 5043
Avg 5003
S1 4977
S2 4937
S3 4911

Nifty Spot-Trading Strategy

H6 5083     Trgt 2
H5 5068     Trgt 1
H4 5053     Long breakout
H3 5035     Go Short
H2 5029
H1 5023
L1 5010
L2 5004
L3 4998     Long
L4 4980     Short Breakout
L5 4965     Trgt 1
L6 4950     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 06-09-2011

Nifty(Sep Fut)-Levels

R3 5104
R2 5067
R1 5038
Avg 5001
S1 4972
S2 4935
S3 4906

Nifty(Sep Fut)-Trading Strategy

H6 5076     Trgt 2
H5 5061     Trgt 1
H4 5046     Long breakout
H3 5028     Go Short
H2 5022
H1 5016
L1 5003
L2 4997
L3 4991     Long
L4 4973     Short Breakout
L5 4958     Trgt 1
L6 4943     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 06-09-2011

Bank Nifty(Sep Fut)-Levels

R3 9877
R2 9753
R1 9674
Avg 9550
S1 9471
S2 9347
S3 9268

Bank Nifty(Sep Fut)-Trading Strategy

H6 9802     Trgt 2
H5 9755     Trgt 1
H4 9707     Long breakout
H3 9651     Go Short
H2 9633
H1 9614
L1 9577
L2 9558
L3 9540     Long
L4 9484     Short Breakout
L5 9436     Trgt 1
L6 9389     Trgt 2

Pre-Closing Outlook(05-09-2011)

levels selling and lower levels buying therefore range bound market was expected and following line was told today in Technical Analysis,Researches & Market Outlook(05-09-2011)

Expected that Nifty will firstly trade and prepare for next moves between 4960-5026 after gap down opening today

Nifty traded most of the time within mentioned range with first 4 hours good consolidation between 4966-4994. As this range was already good support therefore 30-08-2011 support range(4929-4995) has become stronger today. 

Although matket slipped from intraday higher levels today but strong support at lower levels also today therefore follow up more consolidation and then continuation of on going Pull Back Rally expected tomorrow.

Mid-session Outlook-2(05-09-2011)

Global markets trading positions are as follows:-

1- Asian markets closed or trading:- 1.86% to 4.39% down.
2- European markets trading:- 1.36% to 2.31% down.
3- Dow'Futures is more than 100 points down today.

Indian markets are less than 1% down and out performing global markets today. Indian markets out performed Global markets last Friday also and closed in Green while all the most Global markets closed in Red last Friday.

Nifty traded and consolidated first 4 hours between 4966-4994. This range is today intraday support and strong indication of on going Pull Back rally continuation.

Mid-session Outlook(05-09-2011)

Higher levels selling and lower levels buying therefore range bound market was expected and following line was told today in Technical Analysis,Researches & Market Outlook(05-09-2011)

Expected that Nifty will firstly trade and prepare for next moves between 4960-5026 after gap down opening today

Nifty traded first two hours between 4973-4999 today. Market is preparing for next moves within mentioned range(4960-5026) and today follow up buying/selling will decide its break out direction.

Let market prepare and confirmation come then next trend conclusions will be drawn. Break out ranges for trend confirmations have already been given in Technical Analysis,Researches & Market Outlook(05-09-2011).

Technical Analysis,Researches & Market Outlook(05-09-2011)

Crashing Global markets therefore very easy to say for down moves today but down moves and Pull Back rally termination risk were told 4 times only and only in this Blog last Friday:-

1- Mid-session Outlook(02-09-2011):-"down moves possibilities have increased"

2- Mid-session Outlook-2(02-09-2011):-"As selling also seen at higher levels therefore today trading range(5007-5065) break out will be next moves confirmation"

3- Mid-session Outlook-3(02-09-2011):-"Sustaing below 5007 will be signal of on going Pull Back rally termination risk"

4- Pre-Closing Outlook(02-09-2011):-"As good selling at higher levels today therefore on going Pull Back rally survival is at risk"

Nifty-Intra Day Chart(Aug 30 & Sep 02,2011):-

Just click on chart for its enlarged view

Last 2 sessions trading range is 4929-5064. Supports and resistances within this range are as follows;-

1- Strong supoport between 4929-4995
2- Supoport between 4995-5026
3- Resistances between 5037-5064

Red closing after gap down opening and whole day negative zone trading is very much possible today but Indian markets nicely consolidated between 4929-4995 on 30-08-2011 also therefore this range is strong support and must be firstly watched also today for the reply of following question:-

On going Pull Back rally is surviving or not?

Expected that Nifty will firstly trade and prepare for next moves between 4960-5026 after gap down opening today and:-

1- Crossing 5026 will up moves first strong indication.
2- Slipping below 4960 will be down moves first strong indication.

Let market preapare for next moves then conclusions will be drawn firstly from intraday charts formations and then break out of following ranges:-

1- First Indication- 4960-5026
2- Confirmation- 4929-5064