ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Nifty-Micro Analysis of Intra Day Chart For 03-10-2011
Nifty-Intra Day Chart(30-Sep-2011):-
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1- Selling between 5000-5025
2- Last one and half hour support between 4925-4945
3- Down moves in falling channel
4- Whole day trading between 4924-5025
Conclusions
Down moves in falling channel after higher levels selling between 5000-5025 but last one and half hour support also between 4925-4945 therefore expected that Nifty will open and firstly trade between 4906-5034 on Monday. As today intraday patterns are showing consolidation formations and last one and half hour support between 4925-4945 also therefore positive markets hopes are alive in Indian markets.
Although US Futures are more than .75% down and European markets are also 15 to 2.5% down at this moment but Indian markets intraday patterns of today are showing consolidation patterns therefore up moves hopes are alive for next Monday.
Indian Stock Markets Closing Reports(30-Sep-2011)
Main features of today trading are as follows
1- Bearish Harami Candle.
2- All the Indices closed in Red except CD.
3- Closing near day's lower levels.
Ratios
Nifty Put Call Ratio: 1.33
Nifty P/E Ratio(30-Sep-2011): 17.85
Advances & Declines
BSE ADVANCES : 1020
BSE DECLINES : 1731
NSE ADVANCES : 479
NSE DECLINES : 927
Nifty Open Interest Changed Today
Nifty- 4900 CE(Sep)- +478200(+35.13%)
Nifty- 4900 PE(Sep)- +649400(+20.98%)
Nifty- 5000 CE(Sep)- +921400(+32.35%)
Nifty- 5000 PE(Sep)- +118200(+3.92%)
Nifty- 5100 CE(Sep)- +889750(+39.75%)
Nifty- 5100 PE(Sep)- +28150(+2.96%)
Closing
Nifty- closed at 4,943.25(-72.20 Points & -1.44%)
Sensex- closed at 16,453.76(-244.31 Points & -1.46% )
CNX MIDCAP - closed at 7,094.00(-24.95 Points & -0.35%)
BSE SMALL CAP- closed at 6,881.08(-61.09 Points & -0.88%)
1- Bearish Harami Candle.
2- All the Indices closed in Red except CD.
3- Closing near day's lower levels.
Ratios
Nifty Put Call Ratio: 1.33
Nifty P/E Ratio(30-Sep-2011): 17.85
Advances & Declines
BSE ADVANCES : 1020
BSE DECLINES : 1731
NSE ADVANCES : 479
NSE DECLINES : 927
Nifty Open Interest Changed Today
Nifty- 4900 CE(Sep)- +478200(+35.13%)
Nifty- 4900 PE(Sep)- +649400(+20.98%)
Nifty- 5000 CE(Sep)- +921400(+32.35%)
Nifty- 5000 PE(Sep)- +118200(+3.92%)
Nifty- 5100 CE(Sep)- +889750(+39.75%)
Nifty- 5100 PE(Sep)- +28150(+2.96%)
Closing
Nifty- closed at 4,943.25(-72.20 Points & -1.44%)
Sensex- closed at 16,453.76(-244.31 Points & -1.46% )
CNX MIDCAP - closed at 7,094.00(-24.95 Points & -0.35%)
BSE SMALL CAP- closed at 6,881.08(-61.09 Points & -0.88%)
FII & DII trading activity in Capital Market Segment on 30-Sep-2011
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Nifty Spot-Levels & Trading Strategy for 03-10-2011
Nifty Spot-Levels
R3 5099
R2 5062
R1 4998
Avg 4961
S1 4897
S2 4860
S3 4796
Nifty Spot-Trading Strategy
H6 5035 Trgt 2
H5 5012 Trgt 1
H4 4989 Long breakout
H3 4961 Go Short
H2 4952
H1 4943
L1 4924
L2 4915
L3 4906 Long
L4 4878 Short Breakout
L5 4855 Trgt 1
L6 4832 Trgt 2
R3 5099
R2 5062
R1 4998
Avg 4961
S1 4897
S2 4860
S3 4796
Nifty Spot-Trading Strategy
H6 5035 Trgt 2
H5 5012 Trgt 1
H4 4989 Long breakout
H3 4961 Go Short
H2 4952
H1 4943
L1 4924
L2 4915
L3 4906 Long
L4 4878 Short Breakout
L5 4855 Trgt 1
L6 4832 Trgt 2
Nifty(Oct Fut)-Levels & Trading Strategy for 03-10-2011
Nifty(Oct Fut)-Levels
R3 5114
R2 5072
R1 5003
Avg 4961
S1 4892
S2 4850
S3 4781
Nifty(Oct Fut)-Trading Strategy
H6 5045 Trgt 2
H5 5020 Trgt 1
H4 4995 Long breakout
H3 4964 Go Short
H2 4954
H1 4944
L1 4923
L2 4913
L3 4903 Long
L4 4872 Short Breakout
L5 4847 Trgt 1
L6 4822 Trgt 2
R3 5114
R2 5072
R1 5003
Avg 4961
S1 4892
S2 4850
S3 4781
Nifty(Oct Fut)-Trading Strategy
H6 5045 Trgt 2
H5 5020 Trgt 1
H4 4995 Long breakout
H3 4964 Go Short
H2 4954
H1 4944
L1 4923
L2 4913
L3 4903 Long
L4 4872 Short Breakout
L5 4847 Trgt 1
L6 4822 Trgt 2
Bank Nifty(Oct Fut)-Levels & Trading Strategy for 03-10-2011
Bank Nifty(Sep Fut)-Levels
R3 9821
R2 9727
R1 9574
Avg 9480
S1 9327
S2 9233
S3 9080
Bank Nifty(Oct Fut)-Trading Strategy
H6 9669 Trgt 2
H5 9613 Trgt 1
H4 9557 Long breakout
H3 9489 Go Short
H2 9467
H1 9444
L1 9399
L2 9376
L3 9354 Long
L4 9286 Short Breakout
L5 9230 Trgt 1
L6 9174 Trgt 2
R3 9821
R2 9727
R1 9574
Avg 9480
S1 9327
S2 9233
S3 9080
Bank Nifty(Oct Fut)-Trading Strategy
H6 9669 Trgt 2
H5 9613 Trgt 1
H4 9557 Long breakout
H3 9489 Go Short
H2 9467
H1 9444
L1 9399
L2 9376
L3 9354 Long
L4 9286 Short Breakout
L5 9230 Trgt 1
L6 9174 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Oct 03 to Oct 07,2011)
Nifty Spot-Weekly Levels
R3 5334
R2 5184
R1 5059
Avg 4909
S1 4784
S2 4634
S3 4509
Nifty Spot-Weekly Trading Strategy
H6 5219 Trgt 2
H5 5152 Trgt 1
H4 5085 Long breakout
H3 5009 Go Short
H2 4984
H1 4959
L1 4908
L2 4883
L3 4858 Long
L4 4782 Short Breakout
L5 4715 Trgt 1
L6 4648 Trgt 2
R3 5334
R2 5184
R1 5059
Avg 4909
S1 4784
S2 4634
S3 4509
Nifty Spot-Weekly Trading Strategy
H6 5219 Trgt 2
H5 5152 Trgt 1
H4 5085 Long breakout
H3 5009 Go Short
H2 4984
H1 4959
L1 4908
L2 4883
L3 4858 Long
L4 4782 Short Breakout
L5 4715 Trgt 1
L6 4648 Trgt 2
BankNifty Spot-Weekly Levels & Trading Strategy(Oct 03 to Oct 07,2011)
BankNifty Spot-Weekly Levels
R3 10208
R2 9948
R1 9685
Avg 9425
S1 9162
S2 8902
S3 8639
BankNifty Spot-Weekly Trading Strategy
H6 9959 Trgt 2
H5 9834 Trgt 1
H4 9709 Long breakout
H3 9565 Go Short
H2 9517
H1 9469
L1 9374
L2 9326
L3 9278 Long
L4 9134 Short Breakout
L5 9009 Trgt 1
L6 8884 Trgt 2
R3 10208
R2 9948
R1 9685
Avg 9425
S1 9162
S2 8902
S3 8639
BankNifty Spot-Weekly Trading Strategy
H6 9959 Trgt 2
H5 9834 Trgt 1
H4 9709 Long breakout
H3 9565 Go Short
H2 9517
H1 9469
L1 9374
L2 9326
L3 9278 Long
L4 9134 Short Breakout
L5 9009 Trgt 1
L6 8884 Trgt 2
Pre-Closing Outlook(30-09-2011)
As soon as we realised that today first session rally is Short covering rally and will not sustaining at higher levels then we updated our views and told following lines:-
Short covering rally seems today sustaining at higher levels is doubtful.
Indian markets could not sustain at higher levels and slipped aharply after our above posting.Range bound markets for the last 37 sessions and highly Volatile markets between 4906-5034 for the last 4 days. Next strong supports are between 4906-4930 and slipping below 4906 will be strong down moves confirmation. Although resistances between 5000-5034 in last 4 days but not strong.
Expected that Nifty will open and firstly trade between 4906-5034 on Monday. Although Indian markets are closing in deep Red but intraday patterns are showing consolidation formations and last one hour support between 4925-4945 also therefore positive markets hopes are alive in Indian markets despite US futures and European markets are .85% to 2.4% down.
Sustaining beyond 4906-5034 will be gid move confirmation in next week.
Short covering rally seems today sustaining at higher levels is doubtful.
Indian markets could not sustain at higher levels and slipped aharply after our above posting.Range bound markets for the last 37 sessions and highly Volatile markets between 4906-5034 for the last 4 days. Next strong supports are between 4906-4930 and slipping below 4906 will be strong down moves confirmation. Although resistances between 5000-5034 in last 4 days but not strong.
Expected that Nifty will open and firstly trade between 4906-5034 on Monday. Although Indian markets are closing in deep Red but intraday patterns are showing consolidation formations and last one hour support between 4925-4945 also therefore positive markets hopes are alive in Indian markets despite US futures and European markets are .85% to 2.4% down.
Sustaining beyond 4906-5034 will be gid move confirmation in next week.
Mid-session Outlook(30-09-2011)
It has been observed that all the Global markets dances on US markets tunes(Futures) during trading hours nowadays. Dow's Futures was trading more than 50 points down in the morning and when started to recover then up moves started in all Asian and Indian markets. As soon as Dow's Futures tumbled then all Asian markets also slipped from intra day higher levels. Dow's Futures is trading more 40 points down and Nifty is also trading 25 points down from today highest.
Short covering rally seems today sustaining at higher levels is doubtful.
Short covering rally seems today sustaining at higher levels is doubtful.
Post-open Outlook(30-09-2011)
Clearly weak opening and Nifty slipped below 4970 also. Nifty traded more than 2 hours between 4960-4987 yesterday and after that fast 50 points up moves were seen during last 1 hour yesterday. Nifty is trading between 4955-4982 after weak opening today as well as traded most time within mentioned range(4960-4987).
As Nifty traded more than 2 hours between 4960-4987 yesterday and also trading between this range today therefore next moves preparation range has to be adjusted and sustaining beyond 4955-4987 will be next moves confirmation.
Firstly watch sustaining beyond 4955-4987 today for next moves confirmation.
Pre-open Outlook(30-09-2011)
All the Asian markets are reacting US markets through flat to negative zone trading therefore Indian markets will also open in the same manner and will open weak. Strong surge yesterday and Indian markets will prepare for next moves today for next moves between 4970-5010. Indian markets are range bound for the last 36 sessions with good supports are lower levels and good resistances are at higher levels also therefore markets will have prepare for next moves between mentioned range.
Sustaining beyond mentioned range will be result of next moves preparation within 4970-5010 therefore should be watched first for next moves confirmations.
Firstly watch Asian markets reaction on US markets closing
All the Asian markets opened weak but recovered from intra day lower levels and clsed near higher levels of the day yesterday and whole of this intra day up trend was on the back on whole day rising US Futures. As Indian markets also reacted in the same manner yesterday therefore Asian markets reaction on US markets closing should be watched first because Indian markets may also react in the same manner.
Nifty-Micro Analysis of Intra Day Chart For 30-09-2011
Nifty-Intra Day Chart(29-Sep-2011):-
Technical Patterns and Formations in today intraday charts
1- Support between 4906-4930
2- Strong rally in Rising channel
3- Whole day trading between 4906-5034
Conclusions
Whole day strong rally in rising channel after support between 4906-4930 and closing near day's highest. Strong rally today and last 2 sessions range crossed by force therefore more up moves possibility in the coming sessions is higher but today upmoves were on the back of stronger US Futures therefore more confirmations are required for the commencement of Pull Back rally. Sustaining above minimum one resistance range(5020-5060) is must for confirmation of Pull Back rally.
Dow's Futures was more than 100 points up during indian trading hours and US markets strong closing is must for maintaing of strong sentiment tomorrow. As today sharp surge was the result of strong Dow's Futures therefore US markets equally strong closing is required for continuation of rally tomorrow otherwise today started up moves may halt/reverse tomorrow.
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1- Support between 4906-4930
2- Strong rally in Rising channel
3- Whole day trading between 4906-5034
Conclusions
Whole day strong rally in rising channel after support between 4906-4930 and closing near day's highest. Strong rally today and last 2 sessions range crossed by force therefore more up moves possibility in the coming sessions is higher but today upmoves were on the back of stronger US Futures therefore more confirmations are required for the commencement of Pull Back rally. Sustaining above minimum one resistance range(5020-5060) is must for confirmation of Pull Back rally.
Dow's Futures was more than 100 points up during indian trading hours and US markets strong closing is must for maintaing of strong sentiment tomorrow. As today sharp surge was the result of strong Dow's Futures therefore US markets equally strong closing is required for continuation of rally tomorrow otherwise today started up moves may halt/reverse tomorrow.
FII & DII trading activity in Capital Market Segment on 29-Sep-2011
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Indian Stock Markets Closing Reports(29-Sep-2011)
Main features of today trading are as follows
1- Sharp rally and closing at day's higher levels.
2- Engulfing Bullish Candle.
3- Strong recovery from lower levels and most indices closed positive but BSE Mid Cap and Small Cap closed in Red.
Ratios
Nifty Put Call Ratio: 1.11
Nifty P/E Ratio(29-Sep-2011): 18.11
Advances & Declines
BSE ADVANCES : 1246
BSE DECLINES : 1539
NSE ADVANCES : 621
NSE DECLINES : 804
Nifty Open Interest Changed Today
Nifty- 4900 CE(Oct)- -3891550(-75.05%)
Nifty- 4900 PE(Oct)- +3222400(+45.54%)
Nifty- 5000 CE(Oct)- -3597700(-50.37%)
Nifty- 5000 PE(Oct)- +266950(+4.70%)
Nifty- 5100 CE(Oct)- -31750(-0.62%)
Nifty- 5100 PE(Oct)- -56950(-3.69%)
Closing
Nifty- closed at 5,015.45(+69.55 Points & +1.41%)
Sensex- closed at 16,698.07(+252.05 Points & +1.53% )
CNX MIDCAP - closed at 7,118.95(+9.75 Points & +0.14%)
BSE SMALL CAP- closed at 6,942.17(-7.31 Points & -0.11%)
Pre-Closing Outlook(29-09-2011)
As soon as Indian markets got support at lower levels then it was immediately immediately informed at 12:03:00 PM in Mid-session Outlook today and following line was told:-
1- Clear supports near 4907 in last 2 sessions and again support at same level today
2- next decisive moves confirmation range is 4905-4982
Last 3 sessions trading range crossed by force after getting good supports therefore up moves expectations are higher now. Next resistance range is between 5020-5060 and sustaining above this range will be pull back rally strong indication.
1- Clear supports near 4907 in last 2 sessions and again support at same level today
2- next decisive moves confirmation range is 4905-4982
Last 3 sessions trading range crossed by force after getting good supports therefore up moves expectations are higher now. Next resistance range is between 5020-5060 and sustaining above this range will be pull back rally strong indication.
Mid-session Outlook(29-09-2011)
Following lines were told at 08:51:00 AM in Pre-open Outlook(29-09-2011):-
Nifty will first trade between 4907-4950 after weak opening today,slipping below 4918 will be first indication and sustainiing below 4907 will be deep down confirmation.
Nifty is trading between 4906-4943.45 and could not sustained below 4907 as well as moved up.
We cautioned within first half hour in Post-open Outlook(29-09-2011) and also clearly told for up moves in Dow's Futures, volatility and getting down moves confirmations through sustaining below 4907.
Clear supports near 4907 in last 2 sessions and again support at same level today therefore next decisive moves confirmation range is 4905-4982 and Nifty will trade between this range in the coming hours/session.
Nifty will first trade between 4907-4950 after weak opening today,slipping below 4918 will be first indication and sustainiing below 4907 will be deep down confirmation.
Nifty is trading between 4906-4943.45 and could not sustained below 4907 as well as moved up.
We cautioned within first half hour in Post-open Outlook(29-09-2011) and also clearly told for up moves in Dow's Futures, volatility and getting down moves confirmations through sustaining below 4907.
Clear supports near 4907 in last 2 sessions and again support at same level today therefore next decisive moves confirmation range is 4905-4982 and Nifty will trade between this range in the coming hours/session.
Indian Stock Markets 100% Accurate predictions Record
100% Accurate predictions is our 4 years records and its live proofs are always available in this Blog as well as in my orkut.com communities.
Anyone may verify above facts
Live proofs of 100% Accurate prediction
1- We told at 10:18:00 AM in Post-open Outlook(28-09-2011), following line was told:-
Fist hour intra day patterns are showing weakness indication
2- We told at 10:42:00 AM in Post-open Outlook-2(28-09-2011), following line was told:-
weakness indications from intraday charts also
3- We told at 02:58:00 PM in Pre-Closing Outlook(28-09-2011), following line was told:-
As more selling at higher levels therefore weakness possibility in coming sessions turns higher.
4- We told at 06:34:00 PM in Nifty-Micro Analysis of Intra Day Chart For 29-09-2011, following line was told:-
Although lower levels support but higher levels good selling today also therefore expected that more weakness will be seen in the coming sessions.
We never told only a single word for any up move but clearly told 4 times only and only for weakness.
Post-open Outlook(29-09-2011)
As Dow Futures is more than 90 points up at this moment therefore volatility may be seen after weak open today. That weakness is being seen today which was told 4 times yesterday. Nifty slipped below 4918 but more down moves confirmation will be sustaining below 4907 therefore must be watched for confirmations.
NIFTY-Sep F&O-1st Shorting of 28-09-2011-Covering
NIFTY Sep F & O(Shorted on 28-09-2011)-Cover and book profit immediately-CMP-4908
Pre-open Outlook(29-09-2011)
Technical Analysis and Micro Analysis of Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained in following topics with 1 Charts therefore not being repeated:-
Nifty-Micro Analysis of Intra Day Chart For 29-09-2011
Nifty-Intra Day Chart(Sep 27 to Sep 28,2011):-
Nifty traded last 2 days between 4907-4982 and most time trading between 4918-4982 with higher levels selling and minor lower levels support. Expected that Nifty will first trade between 4907-4950 after weak opening today,slipping below 4918 will be first indication and sustainiing below 4907 will be deep down confirmation.
Weakness expected in Indian markets today.
Nifty-Micro Analysis of Intra Day Chart For 29-09-2011
Nifty-Intra Day Chart(Sep 27 to Sep 28,2011):-
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Weakness expected in Indian markets today.
Nifty-Micro Analysis of Intra Day Chart For 29-09-2011
Nifty-Intra Day Chart(28-Sep-2011):-
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1- Selling between 4963-4978
2- Selling between 4952-4965
3- Support between 4918-4938
4- Whole day trading between 4918-78.
Conclusions
Following line was told in Pre-Closing Outlook yesterday:-
"mixed signals between 4955-4980 in last 2 hours"
Although Nifty opened at 5006.05 today but slipped to 4982 in first second and could not sustained within last 2 hours range(4955-4980) of yesterday therefore finally this range has proved a selling range.
Although lower levels support but higher levels good selling today also therefore expected that more weakness will be seen in the coming sessions.
FII & DII trading activity in Capital Market Segment on 28-Sep-2011
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Indian Stock Markets Closing Reports(28-Sep-2011)
Main features of today trading are as follows
1- Negative closing after positive opening.
2- Black Candle.
3- Most Indices closed in Red except IT,FMCG,HC,Reality & Oil and Gas
Ratios
Nifty Put Call Ratio: 1.03
Nifty P/E Ratio(28-Sep-2011): 17.86
Advances & Declines
BSE ADVANCES : 1038
BSE DECLINES : 1772
NSE ADVANCES : 426
NSE DECLINES : 1011
Nifty Open Interest Changed Today
Nifty- 4900 CE(Sep)- +1025200(+23.41%)
Nifty- 4900 PE(Sep)- +678700(+10.15%)
Nifty- 5000 CE(Sep)- +653100(+9.71%)
Nifty- 5000 PE(Sep)- -88550(-1.49%)
Closing
Nifty- closed at 4,945.90(-25.35 Points & -0.51%)
Sensex- closed at 16,446.02(-78.01 Points & -0.47% )
CNX MIDCAP - closed at 7,109.20(-60.70 Points & -0.85%)
BSE SMALL CAP- closed at 6,949.48(-67.79 Points & -0.97%)
1- Negative closing after positive opening.
2- Black Candle.
3- Most Indices closed in Red except IT,FMCG,HC,Reality & Oil and Gas
Ratios
Nifty Put Call Ratio: 1.03
Nifty P/E Ratio(28-Sep-2011): 17.86
Advances & Declines
BSE ADVANCES : 1038
BSE DECLINES : 1772
NSE ADVANCES : 426
NSE DECLINES : 1011
Nifty Open Interest Changed Today
Nifty- 4900 CE(Sep)- +1025200(+23.41%)
Nifty- 4900 PE(Sep)- +678700(+10.15%)
Nifty- 5000 CE(Sep)- +653100(+9.71%)
Nifty- 5000 PE(Sep)- -88550(-1.49%)
Closing
Nifty- closed at 4,945.90(-25.35 Points & -0.51%)
Sensex- closed at 16,446.02(-78.01 Points & -0.47% )
CNX MIDCAP - closed at 7,109.20(-60.70 Points & -0.85%)
BSE SMALL CAP- closed at 6,949.48(-67.79 Points & -0.97%)
Nifty Spot-Levels & Trading Strategy for 29-09-2011
Nifty Spot-Levels
R3 5082
R2 5044
R1 4994
Avg 4956
S1 4906
S2 4868
S3 4818
Nifty Spot-Trading Strategy
H6 5033 Trgt 2
H5 5013 Trgt 1
H4 4993 Long breakout
H3 4969 Go Short
H2 4961
H1 4953
L1 4936
L2 4928
L3 4920 Long
L4 4896 Short Breakout
L5 4876 Trgt 1
L6 4856 Trgt 2
R3 5082
R2 5044
R1 4994
Avg 4956
S1 4906
S2 4868
S3 4818
Nifty Spot-Trading Strategy
H6 5033 Trgt 2
H5 5013 Trgt 1
H4 4993 Long breakout
H3 4969 Go Short
H2 4961
H1 4953
L1 4936
L2 4928
L3 4920 Long
L4 4896 Short Breakout
L5 4876 Trgt 1
L6 4856 Trgt 2
Nifty(Sep Fut)-Levels & Trading Strategy for 29-09-2011
Nifty(Sep Fut)-Levels
R3 5074
R2 5034
R1 4985
Avg 4945
S1 4896
S2 4856
S3 4807
Nifty(Sep Fut)-Trading Strategy
H6 5025 Trgt 2
H5 5005 Trgt 1
H4 4984 Long breakout
H3 4960 Go Short
H2 4952
H1 4944
L1 4927
L2 4919
L3 4911 Long
L4 4887 Short Breakout
L5 4866 Trgt 1
L6 4846 Trgt 2
R3 5074
R2 5034
R1 4985
Avg 4945
S1 4896
S2 4856
S3 4807
Nifty(Sep Fut)-Trading Strategy
H6 5025 Trgt 2
H5 5005 Trgt 1
H4 4984 Long breakout
H3 4960 Go Short
H2 4952
H1 4944
L1 4927
L2 4919
L3 4911 Long
L4 4887 Short Breakout
L5 4866 Trgt 1
L6 4846 Trgt 2
Bank Nifty(Sep Fut)-Levels & Trading Strategy for 29-09-2011
Bank Nifty(Sep Fut)-Levels
R3 9918
R2 9803
R1 9650
Avg 9535
S1 9382
S2 9267
S3 9114
Bank Nifty(Sep Fut)-Trading Strategy
H6 9768 Trgt 2
H5 9706 Trgt 1
H4 9645 Long breakout
H3 9571 Go Short
H2 9547
H1 9522
L1 9473
L2 9448
L3 9424 Long
L4 9350 Short Breakout
L5 9289 Trgt 1
L6 9227 Trgt 2
R3 9918
R2 9803
R1 9650
Avg 9535
S1 9382
S2 9267
S3 9114
Bank Nifty(Sep Fut)-Trading Strategy
H6 9768 Trgt 2
H5 9706 Trgt 1
H4 9645 Long breakout
H3 9571 Go Short
H2 9547
H1 9522
L1 9473
L2 9448
L3 9424 Long
L4 9350 Short Breakout
L5 9289 Trgt 1
L6 9227 Trgt 2
NIFTY-Sep F&O-1st Selling of 28-09-2011-Trade
NIFTY(Sep Fut-Sell-Positional)SL-4976TGT-4886-CMP-4938
NIFTY(Sep Put Option-Buy-Positional)SL-4976TGT-4886-S.P.FOR Put-4900,5000(Sep Fut-Rates for all Options)-CMP-4938
Pre-Closing Outlook(28-09-2011)
Weakness with confirmation through sustaining below 4940 was told immediately after 1st hour today when Indian markets were positive and Indian markets slipped as well as hovering around 4840 for the last 4 hours. Range bound market today with selling at higher levels and buying also at lower levels.
As more selling at higher levels therefore weakness possibility in coming sessions turns higher.
Post-open Outlook-2(28-09-2011)
Nifty is trading between 4950-5000 since opening and slipped also from higher levels after today opening as well weakness indications from intraday charts also but confirmations will be sustaining below 4940 because market require complete selling patterns for any decisive down moves. Let market compeletely prepare then final conclusions will be drawn and will be updated.
Be Bearish below 4940 only.
Post-open Outlook(28-09-2011)
We never gossip and speculate as well as always try to update accurate projections. This fact can be verified from our last 4 years record in this Blog and orkut.com communities.
Whatsoever we told for today markets opening and firstly trading range in both previous outlooks all that proved 100% accurate. We posted following topic at 12:45:00 AM today,just go through and Keep in mind because you will get long term trend confirmations and trading policy in present market.
Long term trend decider 4720-5229
Flollowing line was told for today initial markets and 100% same is being seen after opening today:-
"firstly quiet markets expected near about yesterday closing(4971) and market will prepare for next moves between 4950-5000"
Nifty is trading and preparing for next moves between 4950-5000 since opening today. Let market prepare for next moves and then conclusion from intra day charts formations will be updated in next Mid-session Outlooks.
Fist hour intra day patterns are showing weakness indication and confirmation will be sustaining below 4940.
Pre-Open Market Outlook(28-09-2011)
Technical Analysis and Research of EOD,Technical Positions,next possibilities have already been explained in following topics with 1 Chart therefore not being repeated:-
Long term trend decider 4720-5229
Following lines were told for today opening in above mentioned topic:-
US markets are more than 2.5% up at this moment but Asian markets reaction will decide Indian markets opening and today trading first range.
Asian markets did not not reacted so strong and are mixed today morning. Indian markets also traded with mixed patterns within 4955-4980 in last 2 hours yesterday therefore sustaining above 4980 is must for next up moves today. Next immediate resistance is between 5020-5060 therefore firstly quiet markets expected near about yesterday closing(4971) and market will prepare for next moves between 4950-5000.
Long term trend decider 4720-5229
Following lines were told for today opening in above mentioned topic:-
US markets are more than 2.5% up at this moment but Asian markets reaction will decide Indian markets opening and today trading first range.
Asian markets did not not reacted so strong and are mixed today morning. Indian markets also traded with mixed patterns within 4955-4980 in last 2 hours yesterday therefore sustaining above 4980 is must for next up moves today. Next immediate resistance is between 5020-5060 therefore firstly quiet markets expected near about yesterday closing(4971) and market will prepare for next moves between 4950-5000.
Long term trend decider 4720-5229
Technical Analysis and Research For 28-09-2011
Nifty-EOD Chart(27-Sep-2011):-
Conclusions
Correction started on 05-11-2010 from 6339 and after 9 months correction Nifty is range bound within 4720-5229 for the last 35 sessions. Range bound moves and following lines are being continuously told for this market since 16.09-2011 and also being repeated again:-
1- Markets always require completion consolidation for any rally after such big fall. Big rally started in March 2009 after lower level 5 monthe range bound consolidations.
2- Investment decisions,long term positions and Portfolio management should be done according to break out of mentioned range.
3- As range bound markets therefore short term targets should remain within range with stop loss beyond range.
Break out of this range will give following moves confirmation:-
1- Sustaining above 5229 will be completion of last 10 months correction and strong rally will be seen to test minimum 200 Day EMA which is today at 5407. I would like add here that new top formation will also be considered after sustaining above 5740.
2- Sustaing below 4720 will mean crashing like situation and then deep down moves will be seen.
Resistances and supports between 4720-5229 are as follows:-
Next supports:-
1- Consolidation between 4758-4805
2 Consolidation between 4832-4881
Next resistances:-
1- Next immediate resistance 5020-5060
2- Strong resistance No.1- 5120-5160
3- Strong resistance No.2- 5167-5220
Global cues led violently volatile markets for the last many sessions and above mentioned ranges as well as technical positions within them will give next decisive moves first indication. I clearly mean to say that:-
1- Selling patterns within supports ranges will be breaking down(crossing 4720) strong indication.
2- Consolidation patterns within resistances ranges will be breaking out(crossing 5229) strong indication.
Market Outlook(28-09-2011)
US markets are more than 2.5% up at this moment but Asian markets reaction will decide Indian markets opening and today trading first range. Next resistance is at 5020 and its testing is possible but sustaining above 5060 will be next sharp up moves confirmation.
Market require complete selling patterns for any type of down moves and until fresh selling will not develop till then down moves will not be considered.
Nifty-EOD Chart(27-Sep-2011):-
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| Just click on chart for its enlarged view |
Correction started on 05-11-2010 from 6339 and after 9 months correction Nifty is range bound within 4720-5229 for the last 35 sessions. Range bound moves and following lines are being continuously told for this market since 16.09-2011 and also being repeated again:-
1- Markets always require completion consolidation for any rally after such big fall. Big rally started in March 2009 after lower level 5 monthe range bound consolidations.
2- Investment decisions,long term positions and Portfolio management should be done according to break out of mentioned range.
3- As range bound markets therefore short term targets should remain within range with stop loss beyond range.
Break out of this range will give following moves confirmation:-
1- Sustaining above 5229 will be completion of last 10 months correction and strong rally will be seen to test minimum 200 Day EMA which is today at 5407. I would like add here that new top formation will also be considered after sustaining above 5740.
2- Sustaing below 4720 will mean crashing like situation and then deep down moves will be seen.
Resistances and supports between 4720-5229 are as follows:-
Next supports:-
1- Consolidation between 4758-4805
2 Consolidation between 4832-4881
Next resistances:-
1- Next immediate resistance 5020-5060
2- Strong resistance No.1- 5120-5160
3- Strong resistance No.2- 5167-5220
Global cues led violently volatile markets for the last many sessions and above mentioned ranges as well as technical positions within them will give next decisive moves first indication. I clearly mean to say that:-
1- Selling patterns within supports ranges will be breaking down(crossing 4720) strong indication.
2- Consolidation patterns within resistances ranges will be breaking out(crossing 5229) strong indication.
Market Outlook(28-09-2011)
US markets are more than 2.5% up at this moment but Asian markets reaction will decide Indian markets opening and today trading first range. Next resistance is at 5020 and its testing is possible but sustaining above 5060 will be next sharp up moves confirmation.
Market require complete selling patterns for any type of down moves and until fresh selling will not develop till then down moves will not be considered.
FII & DII trading activity in Capital Market Segment on 27-Sep-2011
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Indian Stock Markets Closing Reports(27-Sep-2011)
Main features of today trading are as follows
1- Long White Candle.
2- All the Indices closed in Green.
3- Global cues led strong markets today.
Ratios
Nifty Put Call Ratio: 0.99
Nifty P/E Ratio(27-Sep-2011): 17.95
Advances & Declines
BSE ADVANCES : 1877
BSE DECLINES : 953
NSE ADVANCES : 1133
NSE DECLINES : 299
Nifty Open Interest Changed Today
Nifty- 4900 CE(Sep)- -567800(-10.88%)
Nifty- 4900 PE(Sep)- +2660500(+58.03%)
Nifty- 5000 CE(Sep)- +543850(+8.02%)
Nifty- 5000 PE(Sep)- +2583500(+62.27%)
Closing
Nifty- closed at 4,971.25(+135.85 Points & +2.81%)
Sensex- closed at 16,524.03(+472.93 Points & +2.95% )
CNX MIDCAP - closed at 7,169.90(+97.95 Points & +1.39%)
BSE SMALL CAP- closed at 7,017.27(+93.86 Points & +1.36%)
Nifty Spot-Levels & Trading Strategy for 28-09-2011
Nifty Spot-Levels
R3 5077
R2 5029
R1 5000
Avg 4952
S1 4923
S2 4875
S3 4846
Nifty Spot-Trading Strategy
H6 5049 Trgt 2
H5 5031 Trgt 1
H4 5013 Long breakout
H3 4992 Go Short
H2 4985
H1 4978
L1 4963
L2 4956
L3 4949 Long
L4 4928 Short Breakout
L5 4910 Trgt 1
L6 4892 Trgt 2
Nifty(Sep Fut)-Levels & Trading Strategy for 28-09-2011
Nifty(Sep Fut)-Levels
R3 5093
R2 5041
R1 5009
Avg 4957
S1 4925
S2 4873
S3 4841
Nifty(Sep Fut)-Trading Strategy
H6 5062 Trgt 2
H5 5042 Trgt 1
H4 5023 Long breakout
H3 5000 Go Short
H2 4992
H1 4984
L1 4969
L2 4961
L3 4953 Long
L4 4930 Short Breakout
L5 4911 Trgt 1
L6 4891 Trgt 2
Bank Nifty(Sep Fut)-Levels & Trading Strategy for 28-09-2011
Bank Nifty(Sep Fut)-Levels
R3 9885
R2 9780
R1 9711
Avg 9606
S1 9537
S2 9432
S3 9363
Bank Nifty(Sep Fut)-Trading Strategy
H6 9819 Trgt 2
H5 9779 Trgt 1
H4 9738 Long breakout
H3 9690 Go Short
H2 9674
H1 9658
L1 9627
L2 9611
L3 9595 Long
L4 9547 Short Breakout
L5 9506 Trgt 1
L6 9466 Trgt 2
Pre-Closing Outlook(27-09-2011)
Strong Global cues led today rally again proved that 4720 is strong support now. 10 months bearish moves and after that Indian markets are range bound between 4720-5229 for the last 34 sessions. Following lines have been told many times for the character of range bound markets since 16.09-2011 and repeating again:-
Markets always require completion consolidation for any rally after such big fall. Big rally started in March 2009 after lower level 5 monthe range bound consolidations. As range bound markets signals are emerging between 4720-5229 therefore this range break out will decide that 10 months long long term correction is over or not.Investment decisions,long term positions and Portfolio management should be done according to break out of mentioned range.
Good up moves seen above 4929 and Whole day straight rally with mixed signals between 4955-4980 in last 2 hours therefore precautionary this range will be watched tomorrow for next moves confirmations otherwise resistances above 5000 are expected to test in the coming sessions.
Markets always require completion consolidation for any rally after such big fall. Big rally started in March 2009 after lower level 5 monthe range bound consolidations. As range bound markets signals are emerging between 4720-5229 therefore this range break out will decide that 10 months long long term correction is over or not.Investment decisions,long term positions and Portfolio management should be done according to break out of mentioned range.
Good up moves seen above 4929 and Whole day straight rally with mixed signals between 4955-4980 in last 2 hours therefore precautionary this range will be watched tomorrow for next moves confirmations otherwise resistances above 5000 are expected to test in the coming sessions.
Post-open Outlook(27-09-2011)
Following lines were told at 02:07:00 AM today.
Sentiment may remain strong today morning because US markets closed with good gains therefore strong opening is possible in Indian markets. Next resistance between 4900-4929 and sustaining above 4929 will be next upmove confirmation.
Nifty Today 1st hour trading range is between 4905.15-4928.30
Gap up opening and first hour trading within mentioned range is result of blasting Global markets. As Indian markets may be affected from political news due to news developments in 2G case therefore cautious approach is required.
Sustaining beyond 4900-4929 will be next decisive move confirmation therefore should be watched first.
Technical Analysis,Researches & Market Outlook(27-09-2011)
Nifty-Intra Day Chart(26-Sep-2011):-
EOD Chart(26-Sep-2011):-
Technical Patterns and Formations in today intraday charts
1- Buying between 4758-4805
2- Selling between 4845-4866
3- Whole day trading between 4758-4866
Conclusions
Global cues and depressing local news led weak market seen yesterday with lower levels buying and higher levels selling. Range bound market between 4720-5229 for the last 34 sessions and Nifty has almost tested its lower level today as well as consolidated also there with trading lowest at 4758.
2G Storm is enhancing and other Union Ministers are also in trouble now. 2G note latest controversy may hamper sentiment and volatile markets may be seen,if situation worsen and create unity problems for UPA then more down moves are possible. Nifty is absorbing all the Global uncertainities and 2G latest controversy between 4720-5229 and lower levels support also seen in last 2 sessions therefore sustaining below 4720 must be watched for fresh down moves confirmations.
Nifty-Intra Day Chart(Sep 22 to Sep 26,2011):-
Conclusions
Nifty traded in last 2 sessions between 4758-4929 within following same situations:-
1- Global cues led weakness immediately after opening.
2- Firstly lower levels support
3- Higher levels selling in last hours and then down in last half hour..
Highly volatile Global cues and markets may open with huge gaps but sustaining beyond last 2 sessions range(4758-4929) will be next trend decisive confirmation because:-
1- No immediate strong resistance above 4929.
2- No immediate strong support below 4758.
Sentiment may remain strong today morning because US markets closed with good gains therefore strong opening is possible in Indian markets. Next resistance between 4900-4929 and sustaining above 4929 will be next upmove confirmation.
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| Just click on chart for its enlarged view |
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| Just click on chart for its enlarged view |
1- Buying between 4758-4805
2- Selling between 4845-4866
3- Whole day trading between 4758-4866
Conclusions
Global cues and depressing local news led weak market seen yesterday with lower levels buying and higher levels selling. Range bound market between 4720-5229 for the last 34 sessions and Nifty has almost tested its lower level today as well as consolidated also there with trading lowest at 4758.
2G Storm is enhancing and other Union Ministers are also in trouble now. 2G note latest controversy may hamper sentiment and volatile markets may be seen,if situation worsen and create unity problems for UPA then more down moves are possible. Nifty is absorbing all the Global uncertainities and 2G latest controversy between 4720-5229 and lower levels support also seen in last 2 sessions therefore sustaining below 4720 must be watched for fresh down moves confirmations.
Nifty-Intra Day Chart(Sep 22 to Sep 26,2011):-
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| Just click on chart for its enlarged view |
Nifty traded in last 2 sessions between 4758-4929 within following same situations:-
1- Global cues led weakness immediately after opening.
2- Firstly lower levels support
3- Higher levels selling in last hours and then down in last half hour..
Highly volatile Global cues and markets may open with huge gaps but sustaining beyond last 2 sessions range(4758-4929) will be next trend decisive confirmation because:-
1- No immediate strong resistance above 4929.
2- No immediate strong support below 4758.
Sentiment may remain strong today morning because US markets closed with good gains therefore strong opening is possible in Indian markets. Next resistance between 4900-4929 and sustaining above 4929 will be next upmove confirmation.
FII & DII trading activity in Capital Market Segment on 26-Sep-2011
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Indian Stock Markets Closing Reports(26-Sep-2011)
Main features of today trading are as follows
1- Red closing.
2- Hammer Candle.
3- All the Indices closed in Red except IT.
Ratios
Nifty Put Call Ratio: 1.00
Nifty P/E Ratio(26-Sep-2011): 17.46
Advances & Declines
BSE ADVANCES : 768
BSE DECLINES : 2016
NSE ADVANCES : 308
NSE DECLINES : 1136
Nifty Open Interest Changed Today
Nifty- 4700 CE(Sep)- +625050(+69.74%)
Nifty- 4700 PE(Sep)- +361850(+4.91%)
Nifty- 4800 CE(Sep)- +995100(+29.36%)
Nifty- 4800 PE(Sep)- +287900(+3.66%)
Nifty- 4900 CE(Sep)- +835800(+17.39%)
Nifty- 4900 PE(Sep)- -381950(-7.46%)
Closing
Nifty- closed at 4,835.40(-32.35 Points & -0.66%)
Sensex- closed at 16,051.10(-110.96 Points & -0.69% )
CNX MIDCAP - closed at 7,071.95(-113.35 Points & -1.58%)
BSE SMALL CAP- closed at 6,923.41(-117.71 Points & -1.67%)
Nifty Spot-Levels & Trading Strategy for 27-09-2011
Nifty Spot-Levels
R3 5011
R2 4945
R1 4890
Avg 4824
S1 4769
S2 4703
S3 4648
Nifty Spot-Trading Strategy
H6 4957 Trgt 2
H5 4929 Trgt 1
H4 4901 Long breakout
H3 4868 Go Short
H2 4857
H1 4846
L1 4823
L2 4812
L3 4801 Long
L4 4768 Short Breakout
L5 4740 Trgt 1
L6 4712 Trgt 2
R3 5011
R2 4945
R1 4890
Avg 4824
S1 4769
S2 4703
S3 4648
Nifty Spot-Trading Strategy
H6 4957 Trgt 2
H5 4929 Trgt 1
H4 4901 Long breakout
H3 4868 Go Short
H2 4857
H1 4846
L1 4823
L2 4812
L3 4801 Long
L4 4768 Short Breakout
L5 4740 Trgt 1
L6 4712 Trgt 2
Nifty(Sep Fut)-Levels & Trading Strategy for 27-09-2011
Nifty(Sep Fut)-Levels
R3 5019
R2 4949
R1 4896
Avg 4826
S1 4773
S2 4703
S3 4650
Nifty(Sep Fut)-Trading Strategy
H6 4969 Trgt 2
H5 4940 Trgt 1
H4 4911 Long breakout
H3 4877 Go Short
H2 4866
H1 4855
L1 4832
L2 4821
L3 4810 Long
L4 4776 Short Breakout
L5 4747 Trgt 1
L6 4718 Trgt 2
R3 5019
R2 4949
R1 4896
Avg 4826
S1 4773
S2 4703
S3 4650
Nifty(Sep Fut)-Trading Strategy
H6 4969 Trgt 2
H5 4940 Trgt 1
H4 4911 Long breakout
H3 4877 Go Short
H2 4866
H1 4855
L1 4832
L2 4821
L3 4810 Long
L4 4776 Short Breakout
L5 4747 Trgt 1
L6 4718 Trgt 2
Bank Nifty(Sep Fut)-Levels & Trading Strategy for 27-09-2011
Bank Nifty(Sep Fut)-Levels
R3 9845
R2 9662
R1 9526
Avg 9343
S1 9207
S2 9024
S3 8888
Bank Nifty(Sep Fut)-Trading Strategy
H6 9717 Trgt 2
H5 9641 Trgt 1
H4 9565 Long breakout
H3 9477 Go Short
H2 9448
H1 9419
L1 9360
L2 9331
L3 9302 Long
L4 9214 Short Breakout
L5 9138 Trgt 1
L6 9062 Trgt 2
R3 9845
R2 9662
R1 9526
Avg 9343
S1 9207
S2 9024
S3 8888
Bank Nifty(Sep Fut)-Trading Strategy
H6 9717 Trgt 2
H5 9641 Trgt 1
H4 9565 Long breakout
H3 9477 Go Short
H2 9448
H1 9419
L1 9360
L2 9331
L3 9302 Long
L4 9214 Short Breakout
L5 9138 Trgt 1
L6 9062 Trgt 2
Pre-Closing Outlook(26-09-2011)
Global cues led volatile market today.Dow's Futures was 45 points up in the morning but slipped and was more than 40 points down,surged and was 93 points up also. All the European markets started straight recovery immediately after opening and Indian markets also retraced on their track.
Intraday support at lower levels but upmoves were slow and selling seen at higher levels. Nifty moved below last friday trading range lows(4832) but retraced and traded above more than one hour. All trends are already down and today intraday patterns are also showing selling at higher levels therefore some more weakness is expected.
Intraday support at lower levels but upmoves were slow and selling seen at higher levels. Nifty moved below last friday trading range lows(4832) but retraced and traded above more than one hour. All trends are already down and today intraday patterns are also showing selling at higher levels therefore some more weakness is expected.
Mid-session Outlook-2 (26-09-2011)
UPA recent internal tussle which developed in last 2 days and today weak Asian markets triggered down moves in Indian markets today. Higher levels already selling and Nifty slipped below last Friday support range lowest(4832) therefore more down will be seen.
Next minor support is near 4720 and now its testing possibility can not be ruled out.
Pre-open Outlook-2(26-09-2011)
All the Asian markets are .50% to 1.40% down at this moment therefore sentiment turned depressed and and firstly trading between 4830-4880 will be seen after Red opening. Remaining views are same as posted in Pre-open Outlook today.
Pre-open Outlook(26-09-2011)
Dow' Futures is 45 points up but all the Asian markets are in Red today morning sentiment and is mixed. Nifty traded between 4832-4929 with both buying and selling formations within it last Friday and Indian markets are not prepared for any side decisive moves today morning therefore Nifty will open,firstly trade and prepare for next moves between 4840-4895.
Let market prepare for next moves between 4840-4895 then next moves conclusions will be drawn from intraday charts formations and will be posted in the Blog. Next trend confirmation will be sustaining beyond 4832-4929.
Let market prepare for next moves between 4840-4895 then next moves conclusions will be drawn from intraday charts formations and will be posted in the Blog. Next trend confirmation will be sustaining beyond 4832-4929.
Market Outlook(26-09-2011)
Technical Analysis and Research of EOD and Intra day charts,Technical Positions,next possibilities have already been explained in following topics on 23-09-2011 with 2 Charts therefore not being repeated:-
1- Nifty-Micro Analysis of Intra Day Chart For 26-09-2011
2- 4720 Survival Today will Decide Next Long Moves & Trend
It is very much clear that Indian markets are range bound for the last 33 sessions and its break out will decide next long term trend. All trends are down,Indian markets are in the tight grip of Bears and forceful break out or sustaining above 5229 will be first strong indication of last 10 months correction completion. Slipping below 4720 will mean new phase of sharp down moves. As range bound markets therefore short term targets should remain within range with stop loss beyond range.
Nifty traded most of the time and closed between 4832-4929 on 23-09-2011 with lower levels consolidations and higher levels minor selling, As whole day intraday patterns are showing consolidation formations last Friday therefore technically upmoves possibilities are high in the beginning of this week. Indian markets tumbled and correction begun amid crashing Global markets cues but last Friday consolidation patterns are showing correction completion signals.
Indian markets are Bearish and market never like confusion but there is lot of uncertainities after the disclosure of Pranab Mukherjee and Murasoli Maran letters to P.M. therefore follow up buying and sustaining above 4920 is must today for any type of up move confirmations.
Crucial Empty Zone between 4720-4832 in last 33 trading range and no strong support below it,selling development due to above mentioned negative news may result commencement of fresh down moves therefore sustaining beyond last Friday trading range(4832-4929) should be firstly watched amid UPA internal fight like depressing sentiment and that will be next moves confirmations.
1- Nifty-Micro Analysis of Intra Day Chart For 26-09-2011
2- 4720 Survival Today will Decide Next Long Moves & Trend
It is very much clear that Indian markets are range bound for the last 33 sessions and its break out will decide next long term trend. All trends are down,Indian markets are in the tight grip of Bears and forceful break out or sustaining above 5229 will be first strong indication of last 10 months correction completion. Slipping below 4720 will mean new phase of sharp down moves. As range bound markets therefore short term targets should remain within range with stop loss beyond range.
Nifty traded most of the time and closed between 4832-4929 on 23-09-2011 with lower levels consolidations and higher levels minor selling, As whole day intraday patterns are showing consolidation formations last Friday therefore technically upmoves possibilities are high in the beginning of this week. Indian markets tumbled and correction begun amid crashing Global markets cues but last Friday consolidation patterns are showing correction completion signals.
Indian markets are Bearish and market never like confusion but there is lot of uncertainities after the disclosure of Pranab Mukherjee and Murasoli Maran letters to P.M. therefore follow up buying and sustaining above 4920 is must today for any type of up move confirmations.
Crucial Empty Zone between 4720-4832 in last 33 trading range and no strong support below it,selling development due to above mentioned negative news may result commencement of fresh down moves therefore sustaining beyond last Friday trading range(4832-4929) should be firstly watched amid UPA internal fight like depressing sentiment and that will be next moves confirmations.
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