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

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

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

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

Conclusions from intra day chart analysis 

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

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

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

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

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

Main features of today trading are as follows

1- Benchmark Indices closed flat with minor loss.

2- Midcap and Smallcap closed with sufficient gains.

3- Doji Candle formation.

Ratios

Index Options Put Call Ratio: 1.07

Total Options Put Call Ratio: 0.99

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

Advances & Declines

BSE Advances : 1,563

BSE Declines : 1,317 

NSE Advances :   964 

NSE Declines :   747 

Nifty Open Interest Changed Today

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

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

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

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

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

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

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

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

Closing 

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

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

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

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

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

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

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

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

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

Nifty Spot-Levels

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

Nifty Spot-Trading Strategy

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

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

Nifty(Jan Fut)-Levels

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

Nifty(Jan Fut)-Trading Strategy

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

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

Bank Nifty(Jan Fut)-Levels

R3 12702

R2 12658

R1 12617

Avg 12573

S1 12532

S2 12488

S3 12447

Bank Nifty(Jan Fut)-Trading Strategy

H6 12661     Trgt 2 

H5 12642     Trgt 1

H4 12622     Long breakout 

H3 12599     Go Short 

H2 12591

H1 12583

L1 12568

L2 12560

L3 12552     Long 

L4 12529     Short Breakout 

L5 12509     Trgt 1 

L6 12490     Trgt 2

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

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

Just click following topic link for verification of original call

CRUDEOIL-JAN Fut-Selling Trade

Pre-Closing Outlook(31-12-2012)

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

Post-open Outlook(31-12-2012)

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

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

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

Bulls will Welcome in 2013

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

Just click on chart for its enlarged view

Technical Patterns and Formations in Monthly charts

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

Conclusions from EOD chart analysis 

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

2012 will prove Bullish year after all corrections completion in 2011

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

4693 is Long Term Trend Decider for 2012 

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

New Historical Highs in 2012

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

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

Live Proofs of our Accurate Levels

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

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

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

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

                                      

Live Proofs of our Accurate Predictions

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

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

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

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

Main features of today trading are as follows

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

Ratios

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

Advances & Declines

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

Nifty Open Interest Changed Today

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

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

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

Closing 

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

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

Nifty Spot-Levels

R3 5958

R2 5936

R1 5922

Avg 5900

S1 5886

S2 5864

S3 5850

Nifty Spot-Trading Strategy

H6 5944     Trgt 2 

H5 5935     Trgt 1

H4 5927     Long breakout 

H3 5917     Go Short 

H2 5914

H1 5911

L1 5904

L2 5901

L3 5898     Long 

L4 5888     Short Breakout 

L5 5880     Trgt 1 

L6 5871     Trgt 2

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

Nifty(Jan Fut)-Levels

R3 5996

R2 5978

R1 5966

Avg 5948

S1 5936

S2 5918

S3 5906

Nifty(Jan Fut)-Trading Strategy

H6 5984     Trgt 2 

H5 5977     Trgt 1

H4 5970     Long breakout 

H3 5962     Go Short 

H2 5959

H1 5956

L1 5951

L2 5948

L3 5945     Long 

L4 5937     Short Breakout 

L5 5930     Trgt 1 

L6 5923     Trgt 2

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

Bank Nifty(Jan Fut)-Levels

R3 12706

R2 12654

R1 12611

Avg 12559

S1 12516

S2 12464

S3 12421

Bank Nifty(Jan Fut)-Trading Strategy

H6 12663     Trgt 2 

H5 12641     Trgt 1

H4 12620     Long breakout 

H3 12594     Go Short 

H2 12585

H1 12576

L1 12559

L2 12550

L3 12541     Long 

L4 12515     Short Breakout 

L5 12494     Trgt 1 

L6 12472     Trgt 2

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

Nifty Spot-Weekly Levels

R3 6030

R2 5980

R1 5944

Avg 5894

S1 5858

S2 5808

S3 5772

Nifty Spot-Weekly Trading Strategy 

H6 5994     Trgt 2 

H5 5975     Trgt 1

H4 5955     Long breakout 

H3 5931     Go Short 

H2 5923

H1 5915

L1 5900

L2 5892

L3 5884     Long 

L4 5860     Short Breakout 

L5 5840     Trgt 1 

L6 5821     Trgt 2

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

Bank Nifty Spot-Weekly Levels

R3 12824

R2 12674

R1 12566

Avg 12416

S1 12308

S2 12158

S3 12050

Bank Nifty Spot-Weekly Trading Strategy 

H6 12720     Trgt 2 

H5 12659     Trgt 1

H4 12599     Long breakout 

H3 12528     Go Short 

H2 12505

H1 12481

L1 12434

L2 12410

L3 12387     Long 

L4 12316     Short Breakout 

L5 12256     Trgt 1 

L6  12195    Trgt 2

Pre-Closing Outlook(28-12-2012)

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

Mid-session Outlook(28-12-2012)

Up moves after positive opening but not crossing next resistance range(5904-5917) and emergence of selling signals above 5900 today. Next first up move will be considered above 5917.

Post-open Outlook(28-12-2012)

Previous Outlook was posted in the light of more than 1% down US markets but US markets recovered and closed flat therefore sentiment maintained and all the Asian markets are positive today morning resultant Green opening in Indian markets.

Nifty traded most time between 5888-5917 and moved down sharply in last half hour yesterday,Nifty is trading between 5890-5904 today. Although strong opening today but good selling between 5904-5917 yesterday therefore market require consolidation today for decisive rally above 5917. 

Although good opening today and next up moves also can not be ruled out but firstly sustaining beyond 5904-5917 should be watched for next moves confirmations.

Technical Analysis and Market Outlook(28-12-2012)

Nifty-Intra Day Chart (27-Dec-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in intraday charts

1- Selling between 5904-5917
2- Last half hour sharp down.
3- Whole day actual trading between 5865-5917

Conclusions from intra day chart analysis

Long Term Trend is up,Intermediate and Short Term Trends are sideways for the last 18 Sessions between 5823-5965. Technical positions within this range are as follows:-

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

US markets are more than 1% down today and such weaker closing will mean depressed sentiment tomorrow and weak opening is possible. Although good selling at higher levels but strong supports also at lower levels therefore expected that Nifty will firstly trade near about above mentioned supports range(5823-5865)

As impulsive Sub Wave-5 of Wave-3 continuation after 44 sessions Sub Wave-4 sideways correction(5549-5815) completion with Bullish Flag formation therefore rally possibility above 5965 is still alive but at present 18 sessions sideways market and its valid break out is firstly required for next immediate moves confirmations.

At present equally strong supports and resistances in last 18 sessions sideways market but sentiment may remains depressed tomorrow therefore valid break out of following ranges should be firstly watched for next immediate moves and trends confirmations:-

1- For next moves 1st indication 5865-5904.
2- For next trend final confirmation 5823-5965.

Nifty Spot-Levels & Trading Strategy for 28-12-2012

Nifty Spot-Levels

R3 5978

R2 5954

R1 5912

Avg 5888

S1 5846

S2 5822

S3 5780

Nifty Spot-Trading Strategy

H6 5936     Trgt 2 

H5 5921     Trgt 1

H4 5906     Long breakout 

H3 5888     Go Short 

H2 5882

H1 5876

L1 5863

L2 5857

L3 5851     Long 

L4 5833     Short Breakout 

L5 5818     Trgt 1 

L6 5803     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 28-12-2012

Nifty(Jan Fut)-Levels

R3 6015

R2 5996

R1 5963

Avg 5944

S1 5911

S2 5892

S3 5859

Nifty(Jan Fut)-Trading Strategy

H6 5982     Trgt 2 

H5 5970     Trgt 1

H4 5958     Long breakout 

H3 5944     Go Short 

H2 5939

H1 5934

L1 5925

L2 5920

L3 5915     Long 

L4 5901     Short Breakout 

L5 5889     Trgt 1 

L6 5877     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 28-12-2012

Bank Nifty(Jan Fut)-Levels

R3 12697
R2 12662
R1 12620
Avg 12585
S1 12543
S2 12508
S3 12466

Bank Nifty(Jan Fut)-Trading Strategy

H6 12655     Trgt 2
H5 12637     Trgt 1
H4 12620    Long breakout
H3 12599     Go Short
H2 12592
H1 12585
L1 12570
L2 12563
L3 12556     Long
L4 12535     Short Breakout
L5 12518     Trgt 1
L6 12500     Trgt 2

CRUDEOIL-JAN Fut-Selling Trade

CRUDEOIL-JAN Fut-Sell-Positional-SL-5046 & TGT-4926-CMP-5006(Lalit39)

FII & DII trading activity in Capital Market Segment on 27-Dec-2012

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 27-Dec-2012 3731.45 3864.13 -132.68

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 27-Dec-2012 1287.65 1154.88 132.77

Live Proofs of our Accurate Predictions

We gave today trading range between 5865-5965 and Nifty traded between 5864.70-5930.80 today. Live proofs are as follows:-

1-  We told yesterday in Pre-Closing Outlook(26-12-2012):-"Now next moves preparation trading range is 5865-5965 in all types of sentiments"
2- We told today in Technical Analysis and Market Outlook(27-12-2012):-"Now next moves preparation trading range is 5865-5965 in all types of sentiments and firstly trading within this range is expected"

Live Proofs today intraday Accurate Predictions have already been updated today in Mid-session Outlook(27-12-2012)

Mid-session Outlook(27-12-2012)

Although positive Asian markets and Green opening in Indian markets but we were not Bullish and told following line in 1st hour at 10:13:00 AM today:-

"As market has not shown required strength after Green opening today therefore view will start to become positive after sustaining above 5920"

Condition of sustaining above 5920 was told and Nifty could not move above 5917 after our above posting. 

More than 3 hours mixed intraday patterns between 5900-5917 yesterday and today again mixed intraday patterns between 5888-5917 with following technical positions;-

1- Selling between 5906-5917
2- Support between 5888-5895

As today intraday selling seen between and just below Previous resistance range(5910-5965) therefore this resistance strengthened today and complete consolidation is required for sustaining above 5965. Although strong up moves yesterday but we told following lines at  08:10 AM today and being repeated for next moves guidance:-

1- good supports between 5846-5865 in last 2 sessions
2- next and last resistance range(5910-5965) of on going rally. 
3- Now next moves preparation trading range is 5865-5965 in all types of sentiments and firstly trading within this range is expected in the coming couple of sessions

Pre-open Outlook(27-12-2012)

As market has not shown required strength after Green opening today therefore view will start to become positive after sustaining above 5920.

Technical Analysis and Market Outlook(27-12-2012)

Nifty-Micro Analysis of 2 Sessions Intra Day Chart

(Dec 24 & Dec 27,2012)

Nifty-Intra Day Chart (Dec 24 & Dec 27,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 2 Sessions intraday charts

1- Consolidation and Support between 5846-5865 in last 2 sessions.
2- More than 3 hours mixed intraday patterns between 5900-5917 on 26-12-2012
3- 2 Sessions actual trading between 5846-5917

Conclusions from 2 Sessions intra day chart analysis 

Sharp up moves yesterday after good supports between 5846-5865 in last 2 sessions and coutering of next and last resistance range(5910-5965) of on going rally. Although Nifty traded within mentioned resistance range but with intraday mixed patterns and closed just below it. As strong resistances therefore complete consolidation is required for valid break out above 5965. Finally rally above 5865 is expected but firstly follow up consolidations is must in the coming sessions to cross and sustaining above mentioned strong resistance.

Now next moves preparation trading range is 5865-5965 in all types of sentiments and firstly trading within this range is expected in the coming couple of sessions. Let intraday charts form and show next moves preparations then will be updated accordingly in the coming Outlooks.

FII Trading Data in Derivatives Segment on 26-Dec-2012

FII & DII trading activity in Capital Market Segment on 26-Dec-2012

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 26-Dec-2012 2035.17 1291.38 743.79

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 26-Dec-2012 768.47 1069.32 -300.85

Nifty Spot-Levels & Trading Strategy for 27-12-2012

Nifty Spot-Levels

R3 5986
R2 5951
R1 5928
Avg 5893
S1 5870
S2 5835
S3 5812

Nifty Spot-Trading Strategy

H6 5963     Trgt 2
H5 5950     Trgt 1
H4 5936     Long breakout
H3 5920     Go Short
H2 5915
H1 5910
L1 5899
L2 5894
L3 5889     Long
L4 5873     Short Breakout
L5 5859     Trgt 1
L6 5846     Trgt 2

Nifty(Dec Fut)-Levels & Trading Strategy for 27-12-2012

Nifty(Dec Fut)-Levels

R3 6000
R2 5963
R1 5938
Avg 5901
S1 5876
S2 5839
S3 5814

Nifty(Dec Fut)-Trading Strategy

H6 5975     Trgt 2
H5 5961     Trgt 1
H4 5947     Long breakout
H3 5930     Go Short
H2 5924
H1 5918
L1 5907
L2 5901
L3 5895     Long
L4 5878     Short Breakout
L5 5864     Trgt 1
L6 5850     Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 27-12-2012

Bank Nifty(Dec Fut)-Levels

R3 12826
R2 12686
R1 12597
Avg 12457
S1 12368
S2 12228
S3 12139

Bank Nifty(Dec Fut)-Trading Strategy

H6 12740     Trgt 2
H5 12687     Trgt 1
H4 12633     Long breakout
H3 12570     Go Short
H2 12549
H1 12528
L1 12487
L2 12466
L3 12445     Long
L4 12382     Short Breakout
L5 12328     Trgt 1
L6 12275     Trgt 2

Pre-Closing Outlook(26-12-2012)

Forceful up moves after more than 8 hours consolidations and last more than 3 hours mixed intraday patterns trading between 5900-5917 which is within and just below next strong resistance range 5910-5965. As last 3 hours trading with mixed intraday patterns therefore more follow up consolidation is required for valid break out of 17 sessions range(5823-5965).

Now next moves preparation trading range is 5865-5965 in all types of sentiments. Although finally rally above 5865 is expected but firstly follow up consolidations is must to cross above mentioned strong resistance.

Mid-session Outlook(26-12-2012)

Indian markets are more than .75% up today but it was was projected in our both previous Outlooks and following lines were told:-

1- We told in Mid-session Outlook(24-12-2012):-"lower levels supports and emergence of consolidation patterns also therefore fresh up move hopes turned alive today"
2- Today at 08:09 AM in Technical Analysis and Research For 26-12-2012:-"Lower levels supports with intraday consolidation patterns therefore fresh up move hopes turned alive on 24-12-2012"

First resistance forcefully crossed after more than 8 hours consolidations but strong resistances between 5910-5965 therefore now more follow up consolidation is required for valid break out of 17 sessions range. Sustaining above 5965 should be firstly watched now for Sub Wave-5 of Wave-3 strong rally confirmations.

Technical Analysis and Research For 26-12-2012

Nifty-Intra Day Chart (24-Dec-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Support between 5846-5856
2- Whole day actual trading between 5846-5871

Conclusions from intra day chart analysis 

Lower levels supports with intraday consolidation patterns therefore fresh up move hopes turned alive on 24-12-2012 but good selling at higher levels and development of strong multiple resistances also in last 16 sessions sideways trading therefore follow up complete consolidation is required in the coming sessions and sustaining beyond next first resistance range(5868-5882) will be fresh up moves confirmation.

Long Term Trend is up,Short Term is down and Intermediate Term is sideways between(5823-5965) for the last 16 sessions with lower levels supports and higher levels resistances. Indian markets are not prepared for any side decisive trend and will firstly trade within 5823-5965. Follow up moves and valid break out of following ranges should be firstly watched for:-

1- Next trend first strong indication 5846-5882
2- Next trend first confirmations 5823-5965

FII Trading Data in Derivatives Segment on 24-Dec-2012

FII & DII trading activity in Capital Market Segment on 24-Dec-2012

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 24-Dec-2012 1631.39 1171.72 459.67

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 24-Dec-2012 542.53 780.79 -238.26

Nifty Spot-Levels & Trading Strategy for 26-12-2012

Nifty Spot-Levels

R3 5896
R2 5883
R1 5869
Avg 5856
S1 5842
S2 5829
S3 5815

Nifty Spot-Trading Strategy

H6 5882     Trgt 2
H5 5875     Trgt 1
H4 5869     Long breakout
H3 5862     Go Short
H2 5859
H1 5857
L1 5852
L2 5850
L3 5847     Long
L4 5840     Short Breakout
L5 5834     Trgt 1
L6 5827     Trgt 2

Nifty(Dec Fut)-Levels & Trading Strategy for 26-12-2012

Nifty(Dec Fut)-Levels

R3 5901

R2 5889

R1 5877

Avg 5865

S1 5853

S2 5841

S3 5829

Nifty(Dec Fut)-Trading Strategy

H6 5889     Trgt 2 

H5 5883     Trgt 1

H4 5878     Long breakout 

H3 5871     Go Short 

H2 5869

H1 5867

L1 5862

L2 5860

L3 5858     Long 

L4 5851     Short Breakout 

L5 5846     Trgt 1 

L6 5840     Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 26-12-2012

Bank Nifty(Dec Fut)-Levels

R3 12509

R2 12453

R1 12396

Avg 12340

S1 12283

S2 12227

S3 12170

Bank Nifty(Dec Fut)-Trading Strategy

H6 12452     Trgt 2 

H5 12426     Trgt 1

H4 12401     Long breakout 

H3 12370     Go Short 

H2 12359

H1 12349

L1 12328

L2 12318

L3 12307     Long 

L4 12276     Short Breakout 

L5 12251     Trgt 1 

L6 12225     Trgt 2

Blog will be updated during trading hours on 

26-12-2012

Mid-session Outlook(24-12-2012)

Although all Asian markets were positive and SGX Nifty was also trading +25 but we told following lines at 08:54 AM in Pre-open Outlook(24-12-2012):-

1- good selling between 5868-5882 on 21-12-2012
2- complete consolidation is required for decisive up moves above 5882.
3- Until Nifty will not sustain above 5882 till then next up move will not be considered.

Nifty traded first more than 4 hours below 5882 and most time trading between 5850-5865 but with lower levels supports and emergence of consolidation patterns also therefore fresh up move hopes turned alive today. As good selling at higher levels and development of multiple resistances in last 15 sessions therefore more consolidation is required and sustaining above 5882 will be fresh up moves confirmation.

Pre-open Outlook(24-12-2012)

All the Asian markets are positive today morning therefore Green opening will be seen in Indian markets but good selling between 5868-5882 on 21-12-2012 and complete consolidation is required for decisive up moves above 5882. Until Nifty will not sustain above 5882 till then next up move will not be considered.

Detaied analysis has already been updated on 22-12-2012.Just click following topic link and understand Indian markets technicals:-

Most Crucial and Next Big Trend Decider 15 Sessions Range

Live Proofs of profitable calls to our Paid Clients

We always talk with those proofs which no one can deny. Following proofs are being shown to prove that we understood selling well before beginning of today  down moves and then updated selling patterns message in our this Blog as well as also sent Nifty Futures selling and Put Option(5900) buying SMS to our paid clients:-

1st proof is that we posted following line at 12:37 PM in Mid-session Outlook(21-12-2012)

"Selling patterns formations in first 3 hours intraday charts"

Following NIFTY Dec F&O shorting SMS was sent to our paid Clients at 12:53 PM today:-

NIFTY-Dec Fut-Sell and/or Dec Put Options(5900)-Buy-Positional-SL-5906 & TGT-5836-CMP-5883(Dec Fut-Rates are given for all trading)(Lalit39)

Following covering SMS of above call was sent to our paid Clients at 03:21 PM today:-

NIFTY Dec F&O(Shorted on 21-12-2012)-Cover and book profit immediately-CMP-5852(Lalit39)

We always send 2 SMS for each and every call and their covering messages from those fastest websites which deliver SMS within 15 seconds. Live proofs of above mentioned SMS pictures are as follows:-

1st Website- Nifty Shorting and Covering messages SMS pictures are as follows:-

2nd Website- Nifty Shorting and Covering messages SMS pictures are as follows:-

If unable to read  text in above picture then:-

1- Firstly click on above SMS picture and enlarge it.

2- If unable to read then Save picture on yours desktop and after that  

3- Open and again enlarge the picture in Windows Picture Viewer.

Only 2 following information are deleted in above Picture due to official secrecy rules:-

1- Numbers of sent SMS.

2- SMS sending Website name.

Most Crucial and Next Big Trend Decider 15 Sessions Range

Technical Analysis,Research & Weekly Outlook

(Dec 24 to Dec 28,2012)

Nifty-EOD Chart (21-Dec-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations of  impulsive Wave-3 in EOD charts

1- 4770.35 on 04-06-2012(Correctine Wave-2 completion and impulsive Wave-3 beginning) 
2- 5348.55 on 10-07-2012(Sub Wave-1)
3- 5032.40 on 26-07-2012(Sub Wave-2)
4- 5815.35 on 05-10-2012(Sub Wave-3)
5- 5548.35 on 20-11-2012(Sub Wave-4)
6- 44 Sessions sideways Sub Wave-4 correction between 5549-5815 with Bullish Flag formation.
7- 44 Sessions break out above 5815 on 29-11-2012.
8- Sub Wave-5 of Wave-3 confirmation and continuation. 
9- 15 Sessions sideways trading between 5823-5965.

Conclusions from EOD chart analysis 

Sub Wave-5 of Wave-3 continuation after completion of 44 sessions Sub Wave-4 sideways correction between 5549-5815. Although 44 sessions trading range broken out forcefully on 29-11-2012 but no strong rally after break out and market again trapped sideways between 5823-5965 for the last 15 sessions. As last 15 sessions trading range is just above the top of previous 44 sessions trading range therefore firstly technical positions of last 15 sessions trading has to be understood.

Nifty-Micro Analysis of 15 Sessions Intra Day Chart

(Dec 03 to Dec 21,2012)

Nifty-Intra Day Chart (Dec 03 to Dec 21,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 15 Sessions intraday charts

1- Supports between 5823-5860
2- Resistances between 5870-5965
3- 15 Sessions sideways trading between 5823-5965

Conclusions from 15 Sessions intra day chart analysis 

Good selling and strong resistances formations at higher levels and lower levels some supports which have weakened also in previous week.

Conclusions (After Putting All Studies Together)

All trends are up and Sub Wave-5 of Wave-3 continuation after Sub Wave-4 correction completion with Bullish Flag formation. As Sub Wave-5 did not showed strong rally and turned side ways for the last 15 sessions as well as good selling also at higher levels therefore complete consolidation is required in the coming week for break out of last 15 sessions trading range. View is cautious now because follow up selling with slipping below 5815 will mean also possibility of false break out on 29-11-2012.

As intraday supports also seen at lower levels in last 15 sessions sideways trading therefore impulsive Sub Wave-5 of Wave-3 rally hopes are still alive but follow up complete consolidation is must in the beginning of next week for decisive up moves above 5965. As last 15 sessions sideways trading range(5823-5965) is most crucial and next trend deciding therefore its valid break out should be firstly watched in the coming week/weeks for next following moves confirmations:-

1- Above 5965 will mean strong rally of Sub Wave-5 of Wave-3.
2- Below 5823 will mean Sub Wave-5 failure and reentering into 44 sessions sideways trading range with shifting of next supports above 5549.

FII Trading Data in Derivatives Segment on 21-Dec-2012

FII & DII trading activity in Capital Market Segment on 21-Dec-2012

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 21-Dec-2012 2691.09 2575.74 115.35

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 21-Dec-2012 1426.05 1167.84 258.21

Indian Stock Markets Closing Reports(21-Dec-2012)

Main features of today trading are as follows

1- All the Indices closed in Red.

2- Black Candle formations.

3- Closing near lower levels after last hours down moves.

Ratios

Index Options Put Call Ratio: 0.91

Total Options Put Call Ratio: 0.88

Nifty P/E Ratio(21-Dec-2012): 18.22

Advances & Declines

BSE Advances :   937

BSE Declines : 1,990 

NSE Advances :   422

NSE Declines : 1,345 

Nifty Open Interest Changed Today

Nifty- 5700 CE(Dec)- -66,900(-7.97%)

Nifty- 5700 PE(Dec)-  585,900(8.21%)

Nifty- 5800 CE(Dec)- 1,035,450(50.95%)

Nifty- 5800 PE(Dec)- -663,000(-6.98%)

Nifty- 5900 CE(Dec)- 1,521,850(22.93%)

Nifty- 5900 PE(Dec)- -2,036,800(-30.39%)

Nifty- 6000 CE(Dec)- 489,800(4.07%)

Nifty- 6000 PE(Dec)- -1,517,700(-45.09%)

Closing 

Sensex- closed at 19,242.00(-211.92 Points & -1.09%)

Nifty- closed at 5,847.70(-68.70 Points & -1.16%)

CNX Midcap - closed at 8,334.40(-137.20 Points & -1.62%)

CNX Smallcap- closed at 3,663.20(-64.80 Points & -1.74%)

Nifty Spot-Levels & Trading Strategy for 24-12-2012

Nifty Spot-Levels

R3 5923

R2 5905

R1 5876

Avg 5858

S1 5829

S2 5811

S3 5782

Nifty Spot-Trading Strategy

H6 5894     Trgt 2 

H5 5883     Trgt 1

H4 5872     Long breakout 

H3 5859     Go Short 

H2 5855

H1 5851

L1 5842

L2 5838

L3 5834     Long 

L4 5821     Short Breakout 

L5 5810     Trgt 1 

L6 5799     Trgt 2

Nifty(Dec Fut)-Levels & Trading Strategy for 24-12-2012

Nifty(Dec Fut)-Levels

R3 5947

R2 5926

R1 5889

Avg 5868

S1 5831

S2 5810

S3 5773

Nifty(Dec Fut)-Trading Strategy

H6 5911     Trgt 2 

H5 5897     Trgt 1

H4 5884     Long breakout 

H3 5868     Go Short 

H2 5863

H1 5858

L1 5847

L2 5842

L3 5837     Long 

L4 5821     Short Breakout 

L5 5808     Trgt 1 

L6 5794     Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 24-12-2012

Bank Nifty(Dec Fut)-Levels

R3 12586
R2 12530
R1 12438
Avg 12382
S1 12290
S2 12234
S3 12142

Bank Nifty(Dec Fut)-Trading Strategy

H6 12495     Trgt 2
H5 12461     Trgt 1
H4 12428     Long breakout
H3 12387     Go Short
H2 12374
H1 12360
L1 12333
L2 12319
L3 12306     Long
L4 12265     Short Breakout
L5 12232     Trgt 1
L6 12198     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Dec 24 to Dec 28,2012)

Nifty Spot-Weekly Levels

R3 6032

R2 5985

R1 5916

Avg 5869

S1 5800

S2 5753

S3 5684

Nifty Spot-Weekly Trading Strategy 

H6 5963     Trgt 2 

H5 5937     Trgt 1

H4 5910     Long breakout 

H3 5878     Go Short 

H2 5868

H1 5857

L1 5836

L2 5825

L3 5815    Long 

L4 5783     Short Breakout 

L5 5756     Trgt 1 

L6 5730     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Dec 24 to Dec 28,2012)

Bank Nifty Spot-Weekly Levels

R3 12900

R2 12736

R1 12525

Avg 12361

S1 12150

S2 11986

S3 11775

Bank Nifty Spot-Weekly Trading Strategy 

H6 12693     Trgt 2 

H5 12607     Trgt 1

H4 12521     Long breakout 

H3 12418     Go Short 

H2 12383

H1 12349

L1 12280

L2 12246

L3 12211     Long 

L4 12108     Short Breakout 

L5 12022     Trgt 1 

L6 11936     Trgt 2

Mid-session Outlook(21-12-2012)

Selling patterns formations in first 3 hours intraday charts.

Technical Analysis and Market Outlook(21-12-2012)

Nifty-Intra Day Chart (Dec 19 & Dec 20,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 2 Sessions intraday charts

1- Selling between 5915-5937
2- Buying between 5882-5900
3- 2 Sessions actual trading between 5882-5937

Conclusions from 2 Sessions intra day chart analysis 

Sub Wave-5 of Wave-3 continuation with upward Long and Intermediate term trends but sideways Short term trend for the last 15 sessions between 5823-5965. As 15 sessions sideways market therefore its valid break out will have sufficient strength to decide next strong moves,technical positions of last 15 sessions are as follows:-

1- Strong supports are between 5839-5860. 
2- Strong resistances are between 5915-5965.

Pre-open Outlook(21-12-2012)

As Dow's Futures is 188 points down and all the Asian markets are in Red therefore sentiment is weak today morning and gap down opening will be seen in Indian markets. Nifty will firstly trade and prepare for next moves between 5860-5915 today because strong resistances above and strong supports below this range.  

As Long and Intermediate term trends are up and Indian markets are Bullish therefore expected that finally 15 sessions range valid break out will be seen above 5965 but market will take its own time and will trade some more sessions between 5823-5965.