3 Topics for Next week Trading have already been updated and more topics will also be posted before the opening of next Monday markets.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Live Proofs of accurate Weekly Analysis and Predictions
321 Points rally in two previous weeks but following headlines of previous weekly Outlooks are live proofs of this fact that we clearly and with full conviction predicted only for Rally and Bullish market well in advance:
1- Bulls Will Welcome In Next Week(Weekly- Jan 07 to Jan 13,2012)
2- Rally Continuation in next week after Consolidations(Weekly- Jan 16 to Jan 20, 2012)
Anyone may click on topic and verify on his/her own
1- Bulls Will Welcome In Next Week(Weekly- Jan 07 to Jan 13,2012)
2- Rally Continuation in next week after Consolidations(Weekly- Jan 16 to Jan 20, 2012)
Anyone may click on topic and verify on his/her own
Firstly Confirmation through Selling Range Break Out
Nifty-Micro Analysis of Intra Day Chart For 23-01-2012
Nifty-Intra Day Chart(20-Jan-2011):-
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1- Selling between 5035-5053
2- Huge volatility in last 75 minutes
3- Whole day trading between 5004-5064
Conclusions from intra day chart analysis
Intraday selling patterns between 5035-5053 therefore until Nifty will not sustain above 5053 till then any up move will not be considered. Sentiment was mixed and highly confusing due to Ril Buy Back news and below expectation results after market therefore huge volatility seen in last 75 minutes. As technical positions reverses sharply during such volatility and new intraday highs as well lows were also formed during this short periood therefore sustaining beyond today intraday range(5004-5064) will be next moves confirmations.
As good intraday selling therefore possibility of slipping below 5004 is also alive but huge volatility therefore firstly sustaining beyond today selling range(5035-5053) should be watched for confirmations.
Survival of Crucial Supports in 14 Months Bear Market
Nifty-EOD Chart(20-Jan-2011):-
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| Technical Patterns and Formations in EOD charts |
1- Trend Reversal Broadening Pattern at the bottom of 14 months correction is intact.
2- Trend Reversal 108 Sessions sideways market between 4720-5229 is intact.
3- Begining of rally on 20-12-2011 from 4531.15.
4- Falling Trendline Correction from 5399 and its upward cross over.
Conclusions from EOD chart analysis
Begining of rally on 20-12-2011 from 4531.15 after 14 Months correction and following points are showing indications of this long correction completion:-
1- Two above mentioned trend reversal patterns formations at the bottom of correction. As big 108 sessions patterns therefore its final break out moves will also be vast.
2- On going rally showed good strength after crossing and sustaining above falling Trendline.
3- On going rally commenced in the 13th month of correction and it is a Fibonacci number also therefore whole 14 months correction completion possibility in the 13th month is also alive
Daily Averages and Trends Analysis
Nifty-1 Year EOD Chart(20-Jan-2011):-
Conclusions
Trends & Averages(EMA-8,21,55,200)- Averages are as follows:
8-Day EMA is at- 4940
55-Day EMA is at- 4874
200-Day EMA is at-5131
200-Day SMA is at-5220
Short term trend is up and Intermediate term trend will be up above 5099. 8-Day EMA is rising as well as showed strength through moving above rising 55-Day EMA. First strong indication of long term trend turning up will be after moving above 200-Day EMA and confirmation will be after sustaining above 200-Day SMA because Nifty got stiff resistance at 200-Day SMA 3 times earlier.
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Trends & Averages(EMA-8,21,55,200)- Averages are as follows:
8-Day EMA is at- 4940
55-Day EMA is at- 4874
200-Day EMA is at-5131
200-Day SMA is at-5220
Short term trend is up and Intermediate term trend will be up above 5099. 8-Day EMA is rising as well as showed strength through moving above rising 55-Day EMA. First strong indication of long term trend turning up will be after moving above 200-Day EMA and confirmation will be after sustaining above 200-Day SMA because Nifty got stiff resistance at 200-Day SMA 3 times earlier.
FII & DII trading activity in Capital Market Segment on 20-Jan-2012
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Indian Stock Markets Closing Reports(20-Jan-2012)
1- Benchmark Indices closed positive with marginal gains.
2 -Hanging Man / Dragonfly Doji Candle Formation.
3- Mixed closing of all sectoral Indices.
Ratios
Nifty Put Call Ratio: 1.23
Nifty P/E Ratio(20-Jan-2012):18.14
Advances & Declines
BSE Advances : 1361
BSE Declines : 1502
NSE Advances : 621
NSE Declines : 813
Nifty Open Interest Changed Today
Nifty- 4900 CE(Jan)- -472350(-14.20%)
Nifty- 4900 PE(Jan)- +635950(+10.12%)
Nifty- 5000 CE(Jan)- -357200(-6.71%)
Nifty- 5000 PE(Jan)- +1905050(+46.37%)
Nifty- 5100 CE(Jan)- -265300(-3.74%)
Nifty- 5100 PE(Jan)- +1367100(+127.15%)
Closing
Nifty- closed at 5,048.60(+30.20 Points & +0.60%)
Sensex- closed at 16,739.01(+95.27 Points & +0.57%)
CNX Midcap - closed at 6,803.15(+57.10 Points & +0.85%)
BSE Smallcap- closed at 6,277.27(+5.04 Points & +0.08%)
Nifty Spot-Levels & Trading Strategy for 23-01-2012
R3 5133
R2 5098
R1 5073
Avg 5038
S1 5013
S2 4978
S3 4953
Nifty Spot-Trading Strategy
H6 5108 Trgt 2
H5 5094 Trgt 1
H4 5081 Long breakout
H3 5064 Go Short
H2 5059
H1 5053
L1 5042
L2 5037
L3 5031 Long
L4 5015 Short Breakout
L5 5001 Trgt 1
L6 4987 Trgt 2
Nifty(Jan Fut)-Levels & Trading Strategy for 23-01-2012
R3 5130
R2 5097
R1 5072
Avg 5039
S1 5014
S2 4981
S3 4956
Nifty(Jan Fut)-Trading Strategy
H6 5105 Trgt 2
H5 5092 Trgt 1
H4 5078 Long breakout
H3 5062 Go Short
H2 5057
H1 5052
L1 5041
L2 5036
L3 5031 Long
L4 5015 Short Breakout
L5 5001 Trgt 1
L6 4988 Trgt 2
Bank Nifty(Jan Fut)-Levels & Trading Strategy for 23-01-2012
R3 9888
R2 9713
R1 9601
Avg 9426
S1 9314
S2 9139
S3 9027
Bank Nifty(Jan Fut)-Trading Strategy
H6 9784 Trgt 2
H5 9716 Trgt 1
H4 9647 Long breakout
H3 9568 Go Short
H2 9542
H1 9516
L1 9463
L2 9437
L3 9411 Long
L4 9332 Short Breakout
L5 9263 Trgt 1
L6 9195 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Jan 23 to Jan 27,2012)
R3 5369
R2 5216
R1 5132
Avg 4979
S1 4895
S2 4742
S3 4658
Nifty Spot-Weekly Trading Strategy
H6 5295 Trgt 2
H5 5237 Trgt 1
H4 5178 Long breakout
H3 5113 Go Short
H2 5091
H1 5069
L1 5026
L2 5004
L3 4982 Long
L4 4917 Short Breakout
L5 4858 Trgt 1
L6 4800 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Jan 23 to Jan 27,2012)
R3 10525
R2 10042
R1 9779
Avg 9296
S1 9033
S2 8550
S3 8287
Bank Nifty Spot-Weekly Trading Strategy
H6 10321 Trgt 2
H5 10123 Trgt 1
H4 9926 Long breakout
H3 9721 Go Short
H2 9652
H1 9584
L1 9447
L2 9379
L3 9310 Long
L4 9105 Short Breakout
L5 8908 Trgt 1
L6 8710 Trgt 2
Nifty-Micro Analysis of Intra Day Chart For 20-01-2012
Nifty-Intra Day Chart(19-Jan-2011):
Technical Patterns and Formations in today intraday charts
1- Support between 4995-5005
2- Mixed Patterns between 5010-5023
3- Whole day trading between 4995-5023
Conclusions from intra day chart analysis
Gap up opening after strong global cues and intraday support at lower levels are showing rally continuation and until Nifty will not slip below 4995 till then any down move will not be considered because intraday consolidation and support above it.
As last more than one hour mixed intraday patterns between 5010-5023 therefore consolidation is required to sustain above it as well testing of next resistance range(5070-5098).
FII & DII trading activity in Capital Market Segment on 19-Jan-2012
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Indian Stock Markets Closing Reports(19-Jan-2012)
1- All the Indices closed in Green except IT and FMCG.
2- Long White Candle.
3- Global cues led strong market after gap up opening.
Ratios
Nifty Put Call Ratio: 1.30
Nifty P/E Ratio(19-Jan-2012): 18.03
Advances & Declines
BSE Advances : 1814
BSE Declines : 990
NSE Advances : 993
NSE Declines : 461
Nifty Open Interest Changed Today
Nifty- 4900 CE(Jan)- -744550(-17.88%)
Nifty- 4900 PE(Jan)- +518600(+8.29%)
Nifty- 5000 CE(Jan)- -911150(-13.77%)
Nifty- 5000 PE(Jan)- +1653150(+63.76%)
Nifty- 5100 CE(Jan)- -228550(-3.09%)
Nifty- 5100 PE(Jan)- +316850(+37.40%)
Closing
Nifty- closed at 5,018.40(+62.60 Points & +1.26%)
Sensex- closed at 16,643.74(+192.27 Points & +1.17% )
CNX Midcap - closed at 6,746.05(+98.55 Points & +1.48%)
BSE Smallcap- closed at 6,272.23(+76.53 Points & +1.24%)
Nifty Spot-Levels & Trading Strategy for 20-01-2012
R3 5062
R2 5042
R1 5030
Avg 5010
S1 4998
S2 4978
S3 4966
Nifty Spot-Trading Strategy
H6 5050 Trgt 2
H5 5042 Trgt 1
H4 5035 Long breakout
H3 5026 Go Short
H2 5023
H1 5020
L1 5015
L2 5012
L3 5009 Long
L4 5000 Short Breakout
L5 4993 Trgt 1
L6 4985 Trgt 2
Nifty(Jan Fut)-Levels & Trading Strategy for 20-01-2012
R3 5071
R2 5049
R1 5035
Avg 5013
S1 4999
S2 4977
S3 4963
Nifty(Jan Fut)-Trading Strategy
H6 5058 Trgt 2
H5 5050 Trgt 1
H4 5041 Long breakout
H3 5031 Go Short
H2 5028
H1 5025
L1 5018
L2 5015
L3 5012 Long
L4 5002 Short Breakout
L5 4993 Trgt 1
L6 4985 Trgt 2
Bank Nifty(Jan Fut)-Levels & Trading Strategy for 20-01-2012
R3 9366
R2 9291
R1 9246
Avg 9171
S1 9126
S2 9051
S3 9006
Bank Nifty(Jan Fut)-Trading Strategy
H6 9322 Trgt 2
H5 9294 Trgt 1
H4 9267 Long breakout
H3 9234 Go Short
H2 9223
H1 9212
L1 9190
L2 9179
L3 9168 Long
L4 9135 Short Breakout
L5 9107 Trgt 1
L6 9079 Trgt 2
Pre-Closing Outlook(19-01-2012)
First 5 hours trading between 4992-5014 and break out after intraday support between 4995-5005. As break out is lacking force and after that mixed intraday patterns between 5010-5023 therefore confirmation for next decisive up moves above 5000 is firstly required through sustaining above 5014 tomorrow.
Mid-session Outlook(19-01-2012)
Narrow range bound market between 4992-5014 and hovering around psychological level of 5000. As today up moves are due to strong Global cues led heated sentiment therefore confirmation through sustaining above today trading range is must for next up moves confirmation despite gap up strong market since opening today.
Post-open Outlook(19-01-2012)
Gap up strong opening and Nifty is hovering around 5000 but on the back of strong global cues as well as higher levels selling in two previous sessions therefore finally sustaining above 5000 today will be next upmoves confirmations.
Firstly watch sustaining above 5000 because it will be confirmation of crossing previous resistance(4950-4980) and testing possibility of next resistance(5070-5098).
Firstly watch sustaining above 5000 because it will be confirmation of crossing previous resistance(4950-4980) and testing possibility of next resistance(5070-5098).
Nifty-Micro Analysis of Intra Day Chart For 19-01-2012
Nifty-Intra Day Chart(18-Jan-2011):-
Technical Patterns and Formations in today intraday charts
1- Selling between 4962-4977
2- Buying between 4932-4944
3- Whole day trading between 4932-4977
Conclusions from intra day chart analysis
Trading within small 45 points range with higher levels selling and lower levels buying therefore sustaining beyond 4925-4977 will be firstly watched tomorrow for next short term moves confirmations.
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1- Selling between 4962-4977
2- Buying between 4932-4944
3- Whole day trading between 4932-4977
Conclusions from intra day chart analysis
Trading within small 45 points range with higher levels selling and lower levels buying therefore sustaining beyond 4925-4977 will be firstly watched tomorrow for next short term moves confirmations.
FII & DII trading activity in Capital Market Segment on 18-Jan-2012
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Indian Stock Markets Closing Reports(18-Jan-2012)
1 Benchmark Indices closed with minor loss but Midcap and Smallcap Indices ended more than 1% down.
2- Black Candle.
3- Trading within small 45 points range with higher levels selling and lower levels buying.
Ratios
Nifty Put Call Ratio: 1.20
Nifty P/E Ratio(18-Jan-2012): 17.81
Advances & Declines
BSE Advances : 1088
BSE Declines : 1718
NSE Advances : 413
NSE Declines : 1053
Nifty Open Interest Changed Today
Nifty- 4800 CE(Jan)- -166300(-5.38%)
Nifty- 4800 PE(Jan)- +783200(+11.75%)
Nifty- 4900 CE(Jan)- -169600(-3.76%)
Nifty- 4900 PE(Jan)- +919150(+16.02%)
Nifty- 5000 CE(Jan)- +192100(+2.81%)
Nifty- 5000 PE(Jan)- -342100(-11.39%)
Closing
Nifty- closed at 4,955.80(-11.50 Points & -0.23%)
Sensex- closed at 16,451.47(-14.58 Points & -0.09% )
CNX Midcap - closed at 6,647.50(-77.80 Points & -1.16%)
BSE Smallcap- closed at 6,195.70(-62.75 Points & -1.00%)
Nifty Spot-Levels & Trading Strategy for 19-01-2012
R3 5028
R2 5004
R1 4979
Avg 4955
S1 4930
S2 4906
S3 4881
Nifty Spot-Trading Strategy
H6 5004 Trgt 2
H5 4993 Trgt 1
H4 4981 Long breakout
H3 4968 Go Short
H2 4963
H1 4959
L1 4950
L2 4946
L3 4941 Long
L4 4928 Short Breakout
L5 4916 Trgt 1
L6 4905 Trgt 2
Nifty(Jan Fut)-Levels & Trading Strategy for 19-01-2012
R3 4865
R2 4874
R1 4915
Avg 4924
S1 4965
S2 4974
S3 5015
Nifty(Jan Fut)-Trading Strategy
H6 4906 Trgt 2
H5 4918 Trgt 1
H4 4929 Long breakout
H3 4943 Go Short
H2 4947
H1 4952
L1 4961
L2 4966
L3 4970 Long
L4 4984 Short Breakout
L5 4995 Trgt 1
L6 5007 Trgt 2
Bank Nifty(Jan Fut)-Levels & Trading Strategy for 19-01-2012
Bank Nifty(Jan Fut)-Levels
R3 9284
R2 9187
R1 9106
Avg 9009
S1 8928
S2 8831
S3 8750
Bank Nifty(Jan Fut)-Trading Strategy
H6 9206 Trgt 2
H5 9165 Trgt 1
H4 9123 Long breakout
H3 9074 Go Short
H2 9058
H1 9042
L1 9009
L2 8993
L3 8977 Long
L4 8928 Short Breakout
L5 8886 Trgt 1
L6 8845 Trgt 2
Pre-Closing Outlook(18-01-2012)
Higher levels selling and lower levels buying therefore mixed intraday pattrens today and sustaining beyond 4925-4975 will be watched tomorrow for next moves confirmations.
Correction continued on expected lines
Mid-session Outlook(18-01-2012)
When US markets were trading more than 1% up then following topic was posted yesterday:-
Firstly Intraday correction expected tomorrow
Following line was told yesterday which proved 100% accurate today:
expected that Nifty will trade within today intraday trading range(4925-4975)
Intraday correction is continued on expected lines and sustaining beyond above mentioned range will give next moves confirmations therefore will be firstly watched today.
When US markets were trading more than 1% up then following topic was posted yesterday:-
Firstly Intraday correction expected tomorrow
Following line was told yesterday which proved 100% accurate today:
expected that Nifty will trade within today intraday trading range(4925-4975)
Intraday correction is continued on expected lines and sustaining beyond above mentioned range will give next moves confirmations therefore will be firstly watched today.
Firstly Intraday correction expected tomorrow
Nifty-Micro Analysis of Intra Day Chart For 18-01-2012
Nifty-Intra Day Chart(17-Jan-2011):-
Technical Patterns and Formations in today intraday charts
1- Whole day up moves in Channel and lacking force.
2- Minor selling between 4965-4975
3- Whole day trading between 4925-4975
Conclusions from intra day chart analysis
Intraday patterns are suggesting selling formations also despite 1.92% positive closing therefore market require more consolidations before decisive up moves. Although US markets are trading more than 1% up today and European markets also closed with good gains therefore sentiment may be heated tomorrow morning but expected that Nifty will trade within today intraday trading range(4925-4975) and for consolidation slipping below 4925 possibility also can not be ruled out in the coming sessions.
Intraday correction firstly expected tomorrow and follow up buying/selling near about and within 4925-4975 will pave the way of next short term trend and sustaining beyond mentioned range will give next moves confirmations.
Firstly watch sustaining beyond 4925-4975 for next moves confirmations.
Nifty-Intra Day Chart(17-Jan-2011):-
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1- Whole day up moves in Channel and lacking force.
2- Minor selling between 4965-4975
3- Whole day trading between 4925-4975
Conclusions from intra day chart analysis
Intraday patterns are suggesting selling formations also despite 1.92% positive closing therefore market require more consolidations before decisive up moves. Although US markets are trading more than 1% up today and European markets also closed with good gains therefore sentiment may be heated tomorrow morning but expected that Nifty will trade within today intraday trading range(4925-4975) and for consolidation slipping below 4925 possibility also can not be ruled out in the coming sessions.
Intraday correction firstly expected tomorrow and follow up buying/selling near about and within 4925-4975 will pave the way of next short term trend and sustaining beyond mentioned range will give next moves confirmations.
Firstly watch sustaining beyond 4925-4975 for next moves confirmations.
FII & DII trading activity in Capital Market Segment on 17-Jan-2012
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Indian Stock Markets Closing Reports(17-Jan-2012)
1- All the Indices closed in Green.
2- Long White Candle.
3- Whole day up move but lacking force therefore confirmations are required for next moves.
Ratios
Nifty Put Call Ratio: 1.22
Nifty P/E Ratio(17-Jan-2012): 17.85
Advances & Declines
BSE Advances : 1892
BSE Declines : 991
NSE Advances : 1026
NSE Declines : 421
Nifty Open Interest Changed Today
Nifty- 4800 CE(Jan)- -626350(-16.71%)
Nifty- 4800 PE(Jan)- +831600(+13.34%)
Nifty- 4900 CE(Jan)- -757650(-13.55%)
Nifty- 4900 PE(Jan)- +2760700(+91.95%)
Nifty- 5000 CE(Jan)- +306400(+4.40%)
Nifty- 5000 PE(Jan)- +1551450(+96.22%)
Closing
Nifty- closed at 4,967.30(+93.40 Points & +1.92%)
Sensex- closed at 16,466.05(+276.69 Points & +1.71%)
CNX Midcap - closed at 6,725.30(+78.25 Points & +1.18%)
BSE Smallcap- closed at 6,258.45(+66.42 Points & +1.07%)
Nifty Spot-Levels & Trading Strategy for 18-01-2012
R3 5064
R2 5019
R1 4993
Avg 4948
S1 4922
S2 4877
S3 4851
Nifty Spot-Trading Strategy
H6 5038 Trgt 2
H5 5022 Trgt 1
H4 5006 Long breakout
H3 4986 Go Short
H2 4980
H1 4973
L1 4960
L2 4953
L3 4947 Long
L4 4927 Short Breakout
L5 4911 Trgt 1
L6 4895 Trgt 2
Nifty(Jan Fut)-Levels & Trading Strategy for 18-01-2012
R3 5096
R2 5042
R1 5020
Avg 4966
S1 4944
S2 4890
S3 4868
Nifty(Jan Fut)-Trading Strategy
H6 5075 Trgt 2
H5 5057 Trgt 1
H4 5039 Long breakout
H3 5018 Go Short
H2 5011
H1 5004
L1 4991
L2 4984
L3 4977 Long
L4 4956 Short Breakout
L5 4938 Trgt 1
L6 4920 Trgt 2
Bank Nifty(Jan Fut)-Levels & Trading Strategy for 18-01-2012
R3 9285
R2 9212
R1 9145
Avg 9072
S1 9005
S2 8932
S3 8865
Bank Nifty(Jan Fut)-Trading Strategy
H6 9219 Trgt 2
H5 9187 Trgt 1
H4 9155 Long breakout
H3 9116 Go Short
H2 9103
H1 9090
L1 9065
L2 9052
L3 9039 Long
L4 9001 Short Breakout
L5 8968 Trgt 1
L6 8936 Trgt 2
Pre-Closing Outlook(17-01-2012)
Testing possibility of next resistance range 4950-4980 was told at 09:31:00 AM today and Nifty is trading between this range for the last 3 hours. Whole day up moves but without force today therefore next up moves confirmations through sustaining above 4980 is must and more consolidation is firstly required for up moves..
As up moves without force therefore sustaining beyond 4950-4980 will be firstly watched.
As up moves without force therefore sustaining beyond 4950-4980 will be firstly watched.
Rally continuation after Break out today
Post-open Outlook(17-01-2012)
All the outlooks in previous 7 days are live proofs of this fact that we told more than 15 times only for up moves and rally it has been seen after gap up opening today.
Last 4 sessions range has been broken out and resistance range of 4880-4905 has been cleared after gap up opening today. Next resistance is between 4950-4980 and expected that it will be tested now.
Rally continuation after Break Out
Nifty-Micro Analysis of Intra Day Chart For 16-01-2012
Nifty-Intra Day Chart(16-Jan-2011):-
Technical Patterns and Formations in today intraday charts
1- Consolidation between 4828-4848
2- Mixed Patterns between 4860-4880
3- Most time consolidation patterns fomations.
4- Whole day trading between 4828-4880
Nifty-Micro Analysis of 4 days Intra Day Chart(Jan 11 to Jan 16,2012)
Nifty-Intra Day Chart(Jan 11 to Jan 16,2012):-
Technical Patterns and Formations in last 4 sessions intraday charts
1- Genuine Selling between 4857-4876 before INFY results on 11-01-2012
2- Good Support at lower levels between 4808-4860
3- Mixed Patterns between 4860-4897
4- 4 Days trading between 4804-4898
Conclusions
Genuine selling between 4857-4876 before INFY results on 11-01-2012 and almost in the same range mixed intraday patterns seen in two previous sessions also. Good support also at lower levels therefore last 4 sessions trading range(4804-4898) upward break out possibility is equally high but selling at higher levels also therefore consolilation is firstly required in the coming sessions.
4 Days trading between 4804-4898 and finally break out above 4898 is expected after follow up consolidation in the coming sessions. As genuine selling on 11-01-2012 therefore consolidation is firstly must tomorrow.
Nifty-Intra Day Chart(16-Jan-2011):-
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1- Consolidation between 4828-4848
2- Mixed Patterns between 4860-4880
3- Most time consolidation patterns fomations.
4- Whole day trading between 4828-4880
Nifty-Micro Analysis of 4 days Intra Day Chart(Jan 11 to Jan 16,2012)
Nifty-Intra Day Chart(Jan 11 to Jan 16,2012):-
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| Just click on chart for its enlarged view |
1- Genuine Selling between 4857-4876 before INFY results on 11-01-2012
2- Good Support at lower levels between 4808-4860
3- Mixed Patterns between 4860-4897
4- 4 Days trading between 4804-4898
Conclusions
Genuine selling between 4857-4876 before INFY results on 11-01-2012 and almost in the same range mixed intraday patterns seen in two previous sessions also. Good support also at lower levels therefore last 4 sessions trading range(4804-4898) upward break out possibility is equally high but selling at higher levels also therefore consolilation is firstly required in the coming sessions.
4 Days trading between 4804-4898 and finally break out above 4898 is expected after follow up consolidation in the coming sessions. As genuine selling on 11-01-2012 therefore consolidation is firstly must tomorrow.
Indian Stock Markets Closing Reports(16-Jan-2012)
1- Benchmark Indices closed with minor gains.
2- White Candle.
3- Closing near the highest of the day.
Ratios
Nifty Put Call Ratio: 1.00
Nifty P/E Ratio(16-Jan-2012): 17.53
Advances & Declines
BSE Advances : 1383
BSE Declines : 1390
NSE Advances : 662
NSE Declines : 788
Nifty Open Interest Changed Today
Nifty- 4700 CE(Jan)- -102250(-4.44%)
Nifty- 4700 PE(Jan)- +66000(+0.88%)
Nifty- 4800 CE(Jan)- +55000(+1.42%)
Nifty- 4800 PE(Jan)- +937250(+16.70%)
Nifty- 4900 CE(Jan)- +316600(+5.86%)
Nifty- 4900 PE(Jan)- +441200(+16.15%)
Closing
Nifty- closed at 4,873.90(+7.90 Points & +0.16%)
Sensex- closed at 16,189.36(+34.74 Points & +0.22% )
CNX Midcap - closed at 6,647.05(-6.50 Points & -0.10%)
BSE Smallcap- closed at 6,171.75(+87.48 Points & +1.44%)
Nifty Spot-Levels & Trading Strategy for 17-01-2012
R3 4946
R2 4913
R1 4893
Avg 4860
S1 4840
S2 4807
S3 4787
Nifty Spot-Trading Strategy
H6 4926 Trgt 2
H5 4914 Trgt 1
H4 4902 Long breakout
H3 4887 Go Short
H2 4882
H1 4877
L1 4868
L2 4863
L3 4858 Long
L4 4843 Short Breakout
L5 4831 Trgt 1
L6 4819 Trgt 2
Nifty(Jan Fut)-Levels & Trading Strategy for 17-01-2012
R3 4979
R2 4939
R1 4915
Avg 4875
S1 4851
S2 4811
S3 4787
Nifty(Jan Fut)-Trading Strategy
H6 4955 Trgt 2
H5 4940 Trgt 1
H4 4926 Long breakout
H3 4908 Go Short
H2 4902
H1 4896
L1 4885
L2 4879
L3 4873 Long
L4 4855 Short Breakout
L5 4841 Trgt 1
L6 4826 Trgt 2
Bank Nifty(Jan Fut)-Levels & Trading Strategy for 17-01-2012
R3 9196
R2 9093
R1 9027
Avg 8924
S1 8858
S2 8755
S3 8689
Bank Nifty(Jan Fut)-Trading Strategy
H6 9132 Trgt 2
H5 9093 Trgt 1
H4 9053 Long breakout
H3 9007 Go Short
H2 8991
H1 8976
L1 8945
L2 8930
L3 8914 Long
L4 8868 Short Breakout
L5 8828 Trgt 1
L6 8789 Trgt 2
FII & DII trading activity in Capital Market Segment on 16-Jan-2012
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Pre-Closing Outlook(16-01-2012)
All the today markets intraday moves were updated well in advance;
1- As soon as support developed today then upward moves expectation was told and only intraday up moves were seen after our posting in Mid-session Outlook
2- Today trading range was told (4804-4898) on 14-01-2012 and Nifty traded almost whole day within it.
As today intraday patterns are showing consolidation formations therefore up moves expectations have increased today.
1- As soon as support developed today then upward moves expectation was told and only intraday up moves were seen after our posting in Mid-session Outlook
2- Today trading range was told (4804-4898) on 14-01-2012 and Nifty traded almost whole day within it.
As today intraday patterns are showing consolidation formations therefore up moves expectations have increased today.
Mid-session Outlook(16-01-2012)
Today trading range: 4828-4851
Intraday patterns today: consolidation signals.
Intraday support: 4828-4838
Next moves expectations: Upward
Intraday patterns today: consolidation signals.
Intraday support: 4828-4838
Next moves expectations: Upward
Post-open Outlook(16-01-2012)
Following lines were told 14-01-2012:-
As both higher levels selling and lower levels buying in 3 previous session therefore markets are not prepared for anyside decisive moves and will firstly trade and prepare for next moves between last 3 days trading range(4804-4898) in the beginning of next week
As all the Asian markets were weak today therefore Indian markets are trading in Red since opening today.Good consolidation was seen between 4835-4860 on 13-01-2012 and sustaining below 4835 will be strong signal of downmove.
As good support was seen between 4835-4860 on 13-01-2012 and Nifty is trading between this range since opening today therefore sustaining beyond this range should be firstly watched for next moves confirmations.
As both higher levels selling and lower levels buying in 3 previous session therefore markets are not prepared for anyside decisive moves and will firstly trade and prepare for next moves between last 3 days trading range(4804-4898) in the beginning of next week
As all the Asian markets were weak today therefore Indian markets are trading in Red since opening today.Good consolidation was seen between 4835-4860 on 13-01-2012 and sustaining below 4835 will be strong signal of downmove.
As good support was seen between 4835-4860 on 13-01-2012 and Nifty is trading between this range since opening today therefore sustaining beyond this range should be firstly watched for next moves confirmations.
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