4 Strong Base Formations & Supports before 2012 Rally

Nifty-EOD Chart(17-Feb-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- More than 13 months corrective wave and reversal in 13th Fibonacci number month.
2- Strong base formation in 122 Sessions side ways market between 4720-5229
3- Trend Reversal Broadening Pattern at the bottom of 13 months correction .
4- Bullish 'W' formation in 122 sessions sideways market

Conclusions from EOD chart analysis 

As above mentioned 4 base formation therefore 1075 Nifty points forceful strong rally was seen after 20-12-2011. All trends are up Now and continuation of rally is expected. 1st impulsive Wave of rally is on and that whole Bullish story will be written in 2012 about which we told in following topic on 02-12 2011:-

New Historical Highs in 2012

We told exactly following lines in above topic. Just click above topic Link and verify on yours own:-

1- Fast rally toward all time high
2- New all time highs in 2012
3- Those higher levels which were considered in Jan 2008 and Jan 2011.  

Although tough to accept above mentioned possibilities at this moment amid most bearish and uncertain global sentiments but we are seeing high possibility of new historical highs in 2012 because Indian markets are reversing after completion of long term correction also.

Fibonacci Retracement Levels(6338-4532)

Nifty-EOD Chart(17-Feb-2012):-

Just click on chart for its enlarged view

Fibonacci Retracement Levels(6338-4532)

13.0%-4766
23.6%-4958
27.0%-5019
38.2%-5221
50.0%-5435(Already retraced)
61.8%-5648
70.7%-5808
76.4%-5911
78.6%-5951
88.6%-6132

Conclusions from EOD chart analysis 

Long term correction begun on  05-11-2010 from 6338  and after more than 13 months correction Strong decisive more than 1000 Nifty points rally begun on 20-12-2011 from  4532. Fibonacci Retracement Levels are given above and 50% retracement has been completed. Next most crucial level is 61.8% which is falling within next resistance range(5600-5700) therefore sustaining beyond should be firstly watched in the coming week for next moves confirmations.

3 Crucial Resistances & 4 Crucial Supports

Nifty-EOD Chart(17-Feb-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Long Term correction begun in falling trend line on 05-11-2010 from 6338
2- Rally begun in rising trend line on 20-12-2011 from 4532.

3 Crucial Resistances

1- 5600-5700
2- 5800-5900
3- 6100-6200

4 Crucial Supports

1- 5323-5427
2- 5120-5190
3- 4995-5068
4- 4810-4900

Conclusions from EOD chart analysis 

Strong rally is on after forceful cross over of corrective falling Trendline. As Nifty retraced after testing of next resistance range(5600-5700) on 17-02-2012 therefore more consolidation is required to cross it and sustain above 5700.

FII Trading Data in Derivatives Segment on 17-Feb-2012

FII & DII trading activity in Capital Market Segment on 17-Feb-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 17-Feb-2012 4126.95 3590.46 536.49

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 17-Feb-2012 2419.64 2642.71 -223.07

Indian Stock Markets Closing Reports(17-Feb-2012)

Main features of today trading are as follows

1- Benchmark Indices closed in Green while other Indices remained mixed.
2- Doji Candle formation.
3- Most of the Indices slipped from intraday higher levels.

Ratios

Nifty Put Call Ratio:1.25
Nifty P/E Ratio(17-Feb-2012):19.49

Advances & Declines

BSE Advances : 1399
BSE Declines : 1597
NSE Advances : 679

NSE Declines : 791

Nifty Open Interest Changed Today

Nifty- 5400 CE(Feb)- -521050(-15.60%)
Nifty- 5400 PE(Feb)- -646200(-8.99%)

Nifty- 5500 CE(Feb)- -548900(-11.05%)
Nifty- 5500 PE(Feb)- +598850(+10.50%)

Nifty- 5600 CE(Feb)- -220250(-3.55%)
Nifty- 5600 PE(Feb)- +2765350(+132.97%)


Closing 

Nifty- closed at 5,564.30(+42.35 Points & +0.77%)
Sensex- closed at 18,289.35(+135.36 Points & +0.75% )
CNX Midcap - closed at 7,925.15(+49.75 Points & +0.63%)
BSE Smallcap- closed at 7,116.49(-15.16 Points & -0.21%)

Nifty Spot-Levels & Trading Strategy for 21-02-2012

Nifty Spot-Levels

R3 5659
R2 5632
R1 5598
Avg 5571
S1 5537
S2 5510
S3 5476

Nifty Spot-Trading Strategy

H6 5625     Trgt 2
H5 5611     Trgt 1
H4 5597     Long breakout
H3 5580     Go Short
H2 5575
H1 5569
L1 5558
L2 5552
L3 5547     Long
L4 5530     Short Breakout
L5 5516     Trgt 1
L6 5502     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 21-02-2012

Nifty(Feb Fut)-Levels

R3 5806
R2 5753
R1 5671
Avg 5618
S1 5536
S2 5483
S3 5401

Nifty(Feb Fut)-Trading Strategy

H6 5724     Trgt 2
H5 5693     Trgt 1
H4 5663     Long breakout
H3 5626     Go Short
H2 5613
H1 5601
L1 5576
L2 5564
L3 5551     Long
L4 5514     Short Breakout
L5 5484     Trgt 1
L6 5453     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 21-02-2012

Bank Nifty(Feb Fut)-Levels

R3 11421
R2 11321
R1 11221
Avg 11121
S1 11021
S2 10921
S3 10821

Bank Nifty(Feb Fut)-Trading Strategy

H6 11323     Trgt 2
H5 11277     Trgt 1
H4 11232     Long breakout
H3 11177     Go Short
H2 11158
H1 11140
L1 11103
L2 11085
L3 11067     Long
L4 11012     Short Breakout
L5 10966     Trgt 1
L6 10920     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Feb 21 to Feb 24,2012)

Nifty Spot-Weekly Levels

R3 5934
R2 5770
R1 5679
Avg 5515
S1 5424
S2 5260
S3 5169

Nifty Spot-Weekly Trading Strategy 

H6 5829     Trgt 2
H5 5766     Trgt 1
H4 5704     Long breakout
H3 5634     Go Short
H2 5610
H1 5587
L1 5540
L2 5517
L3 5493     Long
L4 5423     Short Breakout
L5 5361     Trgt 1
L6 5298     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Feb 21 to Feb 24,2012)

Bank Nifty Spot-Weekly Levels

R3 12273
R2 11738
R1 11406
Avg 10871
S1 10539
S2 10004
S3 9672

Bank Nifty Spot-Weekly Trading Strategy 

H6 12002     Trgt 2
H5 11776     Trgt 1
H4 11550     Long breakout
H3 11312     Go Short
H2 11232
H1 11153
L1 10994
L2 10915
L3 10835     Long
L4 10597     Short Breakout
L5 10371     Trgt 1
L6 10145     Trgt 2

NIFTY-Feb F&O-1st Selling of 17-02-2012-Trade

NIFTY(Feb Fut-Sell-Positional)SL-5616-TGT-5546-CMP-5599


NIFTY(Feb Put Option-Buy-Positional)SL-5616-TGT-5546-S.P.FOR Put-5500,5600(Feb Fut-Rates for all Options)-CMP-5599

Pre-Closing Outlook(17-02-2012)

Nifty traded more than 4 hours between 5578-5604 with intraday selling patterns therefore very short term correction is firstly expected in the beginning of next week.

Mid-session Outlook(17-02-2012)

Nifty moved above 5600 today and proved 100% accurate our following  predictions

Following line was told at 09:27 AM on 15-02-2012:-

Rally is very much on to test resistances between 5600-5700.

Following line was told in Pre-Closing Outlook(15-02-2012):-

Rally is very much on and testing of next resistances within 5600-5700 will be seen in the coming sessions.

Following line was told in Bulls are roaring like Lions on 15-02-2012:-

Rally is continued and expected that next resistances between 5600-5700 will be tested in the coming sessions.

That Bull Rally is very much on about which we are continuously telling since 22-12-2011. 

Nifty is trading between 5578-5604 for the last 4 hours today with mixed intraday patterns. Moves above 5604 may be slow because good resistances between 5600-5700 and slipping below 5578 will mean intraday/very short term correction only.

Breathless Bullish Tunes in Indian markets

Pre-open Outlook(17-02-2012)

Blasting Global Bull is on and all the counties are fully participating. Although correction is technically due and intraday selling and distribution pattern was also seen yesterday but Running Bull markets are on and its following characters have already been updated many times in last 2 months:-

1- Market firstly require intraday selling patterns and then follow up selling as well as complete distribution patterns minimum on Daily charts then Short term correction will be seen.
2- One day intraday selling and intraday distribution patterns may result only intraday correction or very short term minor correction if follow up selling develops in the coming sessions.
3- Running Bullish markets complete its corrections in sideways moves and correction is completed at higher levels consolidation also.

All the Global markets are blasting today therefore sentiment is upbeat and rally continuation will be seen after gap up opening. Although intraday selling and intraday distribution patterns were seen yesterday but rally continuation possibility after higher levels consolidation can not be ruled out.

Rally is on and its continuation will be expected today also and until above mentioned very short term/Short term correction formalities will not be fulfilled. Next resistances are within 5600-5700 and its testing possibility is being told for the 3/4 days,fresh consolidation or follow up selling within or near about this range will pave the ways of next big moves today and in the coming week.

Extremely heated sentiment today and profit booking develops also in such sentiments therefore this possibility should be kept in mind as well as fresh long positions should be created after sufficient intraday correction.

Correction is technically due

Nifty-Micro Analysis of Intra Day Chart For 17-02-2012

Nifty-Intra Day Chart(16-Feb-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Support between 5484-5495
2- Selling between 5512-5521
3- Selling between 5512-5529
4- Bearish Rising Wedge formation in last hour.
5- Whole day trading between 5484-5531

Conclusions from intra day chart analysis 

All trends are up but overbought indicators are showing negative divergence also therefore correction is due in Indian markets. Market firstly require intraday selling patterns and then follow up selling as well as distribution patterns minimum on Daily charts then Short term correction will be seen. As intraday charts of today are showing selling patterns therefore only very short term minor correction will be considered if follow up selling develops tomorrow. Running Bullish markets complete correction in sideways moves and complete correction at higher levels also therefore today intraday selling and Bearish Rising Wedge pattern are not sufficient and follow up selling is must tomorrow for decisive down moves.

Global cues led moves seen in two previous sessions therefore today opening will depend on sentiment formation due to Global cues but finally sustaining beyond today trading range will give confirmation regarding:-

1- Sustaining above 5531 will mean On going rally continuation  
2- Sustaining below 5484 will mean firstly very short term correction and rally continuation after its completion. 

FII Trading Data in Derivatives Segment on 16-Feb-2012

FII & DII trading activity in Capital Market Segment on 16-Feb-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 16-Feb-2012 3251.56 3067.25 184.31

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 16-Feb-2012 1383.42 1773.74 -390.32

Indian Stock Markets Closing Reports(16-Feb-2012)

Main features of today trading are as follows

1- Harami Doji Candle formation.
2- Mid Cap and Small Cap Indices closed with moderate gains while Benchmark Indices closed in Red.
3- Whole day range bound market.

Ratios

Nifty Put Call Ratio: 1.38
Nifty P/E Ratio(16-Feb-2012):19.34

Advances & Declines

BSE Advances : 1636
BSE Declines : 1302
NSE Advances : 831
NSE Declines : 629

Nifty Open Interest Changed Today

Nifty- 5400 CE(Feb)- -242400(-6.64%)
Nifty- 5400 PE(Feb)- +910400(+14.09%)

Nifty- 5500 CE(Feb)- +493050(+10.28%)
Nifty- 5500 PE(Feb)- +546150(+10.34%)

Nifty- 5600 CE(Feb)- +750100(+13.18%)
Nifty- 5600 PE(Feb)- +910400(+14.09%)

Closing

Nifty- closed at 5,521.95(-10 Points & -0.18%)
Sensex- closed at 18,153.99(-48.42 Points & -0.27%)
CNX Midcap - closed at 7,875.40(+75.35 Points & +0.97%)
BSE Smallcap- closed at 7,131.65(+67 Points & +0.96%)

Nifty Spot-Levels & Trading Strategy for 17-02-2012

Nifty Spot-Levels

R3 5588
R2 5559
R1 5540
Avg 5511
S1 5492
S2 5463
S3 5444

Nifty Spot-Trading Strategy

H6 5569     Trgt 2
H5 5558     Trgt 1
H4 5547     Long breakout
H3 5534     Go Short
H2 5529
H1 5525
L1 5516
L2 5512
L3 5507     Long
L4 5494     Short Breakout
L5 5483     Trgt 1
L6 5472     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 17-02-2012

Nifty(Feb Fut)-Levels

R3 5600
R2 5573
R1 5555
Avg 5528
S1 5510
S2 5483
S3 5465

Nifty(Feb Fut)-Trading Strategy

H6 5582     Trgt 2
H5 5572     Trgt 1
H4 5561     Long breakout
H3 5549     Go Short
H2 5545
H1 5541
L1 5532
L2 5528
L3 5524     Long
L4 5512     Short Breakout
L5 5501     Trgt 1
L6 5491     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 17-02-2012

Bank Nifty(Feb Fut)-Levels

R3 11178
R2 11073
R1 11010
Avg 10905
S1 10842
S2 10737
S3 10674

Bank Nifty(Feb Fut)-Trading Strategy

H6 11118     Trgt 2
H5 11079     Trgt 1
H4 11040     Long breakout
H3 10994     Go Short
H2 10978
H1 10963
L1 10932
L2 10917
L3 10901     Long
L4 10855     Short Breakout
L5 10816     Trgt 1
L6 10777     Trgt 2

Pre-Closing Outlook(16-02-2012)

All the ASian markets closed in Red and some more than 1% down also. Huge gap down opening as well as more than .65% down trading in all the European markets today but Indian markets absorbed all global shocks within 5483-5531 with lower levels buying therefore no damage for Indian Bulls despite Global Bearish sentiments.

As minor distribution patterns at higher levels today therefore sustaining beyond today range will be firstly watched tomorrow for next moves confirmations.

Mid-session Outlook(16-02-2012)

Weaker global cues led negative zone trading with higher levels intraday selling and Nifty slipped below 5495 also. Today down moves are correction of yesterday sharp surge.

Nifty is trading between 5484-5495 for the last 75 minutes with lower levels and today intraday correction completion/continuation will be accoring to its break out therefore should be firstly watched today.

Finally sustaining of Nifty below 5495 will mean testing possibility of next support will be:-

Yesterday gap of 5428-5461

Pre-open Outlook(16-02-2012)

Although Dow's Futures was whole day more than 60 points up but finally closed  93 points down yesterday and its Futures is also more than 45 points down today morning. Sentiment is weak today morning therefore all the Asian markets are trading flat to Red.

Expected that Nifty will firstly trade and prepare for next moves between 5495-5540 after Weak opening and sustaining beyond this range will be next immediate very short term move confirmation therefore should be firstly watched in 1st session today.

Bulls are roaring like Lions

Nifty-Intra Day Chart(15-Feb-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Gap up opening.
2- Whole day up moves in rising channel with minor intraday corrections.
3- Intraday correction and continuation of rally
4- Whole day trading between 5472-5540

Conclusions from intra day chart analysis 

Indian markets are Bullish and whole sentiment reversed in less than 2 months with all trends turning up. Bullish markets following correction character has been updated many times:-

1- Correction at higher levels.
2- Correction within sideways moves.
3- Correction only after complete distribution patterns.

7 sessions sideways correction completion after gap up opening on 15-02-2012 and continuation of rally also. Until complete distribution patterns minimum on EOD Charts with intraday selling patterns will not be seen till then any correction will not be seen.

Rally is continued and expected that next resistances between 5600-5700 will be tested in the coming sessions.

FII Trading Data in Derivatives Segment on 15-Feb-2012

Indian Stock Markets Closing Reports(15-Feb-2012)

Main features of today trading are as follows

1- Sharp surge after Break out.
2- Long White Candle.
3- All the Indices closed in Green.

Ratios

Nifty Put Call Ratio:1.22
Nifty P/E Ratio(15-Feb-2012):19.35

Advances & Declines

BSE Advances : 1900
BSE Declines : 1081
NSE Advances : 1046
NSE Declines : 408

Nifty Open Interest Changed Today

Nifty- 5400 CE(Feb)- -1370000(-26.59%)
Nifty- 5400 PE(Feb)- +779150(+13.16%)

Nifty- 5500 CE(Feb)- -1994700(-28.46%)
Nifty- 5500 PE(Feb)- +3303450(+166.24%)

Nifty- 5600 CE(Feb)- +1156900(+25.13%)
Nifty- 5600 PE(Feb)- +1488350(+391.72%)

Closing 

Nifty- closed at 5,531.95(+115.90 Points & +2.14%)
Sensex- closed at 18,202.41(+353.84 Points & +1.98% )
CNX Midcap - closed at 7,800.05(+178.80 Points & +2.35%)
BSE Smallcap- closed at 7,053.01(+92.35 Points & +1%)

FII & DII trading activity in Capital Market Segment on 15-Feb-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 15-Feb-2012 4660.46 2821.61 1838.85

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 15-Feb-2012 2183.94 2497.41 -313.47

Nifty Spot-Levels & Trading Strategy for 16-02-2012

Nifty Spot-Levels

R3 5644
R2 5593
R1 5562
Avg 5511
S1 5480
S2 5429
S3 5398


Nifty Spot-Trading Strategy

H6 5614     Trgt 2
H5 5595     Trgt 1
H4 5576     Long breakout
H3 5553     Go Short
H2 5546
H1 5538
L1 5523
L2 5515
L3 5508     Long
L4 5485     Short Breakout
L5 5466     Trgt 1
L6 5447     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 16-02-2012

Nifty(Feb Fut)-Levels

R3 5674
R2 5619
R1 5585
Avg 5530
S1 5496
S2 5441
S3 5407

Nifty(Feb Fut)-Trading Strategy

H6 5642     Trgt 2
H5 5621     Trgt 1
H4 5600     Long breakout
H3 5576     Go Short
H2 5568
H1 5560
L1 5543
L2 5535
L3 5527     Long
L4 5503     Short Breakout
L5 5482     Trgt 1
L6 5461     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 16-02-2012

Bank Nifty(Feb Fut)-Levels

R3 11441
R2 11219
R1 11095
Avg 10873
S1 10749
S2 10527
S3 10403

Bank Nifty(Feb Fut)-Trading Strategy

H6 11327     Trgt 2
H5 11244     Trgt 1
H4 11161     Long breakout
H3 11066     Go Short
H2 11034
H1 11002
L1 10939
L2 10907
L3 10875     Long
L4 10780     Short Breakout
L5 10697     Trgt 1
L6 10614     Trgt 2

Pre-Closing Outlook(15-02-2012)

Next Bullish phase resumed today after correction completion within 7 days sideways moves. It was told many times that in Bull markets consolidation happend within narrow range market and it was seen also. Today break out with huge volumes therefore more confirmation of today Bullish  Break out.

Rally is very much on and testing of next resistances within 5600-5700 will be seen in the coming sessions.

Post-open Outlook(15-02-2012)

Dow's Futures was in Red today morning but surged to +61 and sparked all the Asian markets as well as paved the way of gap up opening and sustaining above 5428 also.

7 days Range break out confirmation today morning immediately after opening and correction completion confirmation also within sideways market. Rally is very much on to test resistances between 5600-5700.

5418/5428 will decide the fate of 2nd inning today

All trends are up and Indian markets are range bound as well as preparing for next more than 5% decisive moves within 5323-5428 for the last 7 sessions with lower levels buying and higher levels distribution patterns.

Indian markkets traded between 5394-5418 with intraday distribution patterns yesterday but most Asian markets are positive and sentiment is good today morning therefore Nifty will firstly trade at/above the higher levels of last 7 sessions trading range. 

All trends are up and markets consolidated at higher levels also in Bullish markets therefore sustaining above 5418/5428 will be firstly watched today for upward break out confirmation of last 7 days range. Finally sustaining above 5418/5428 today will mean sharp surge and testing of 2011 higher levels resistances.

5418/5428 will decide the fate 2nd inning therefore sustaining beyond should be firstly watched today.

Nifty-Micro Analysis of Intra Day Chart For 15-02-2012

Nifty-Intra Day Chart(14-Feb-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Distribution Patterns between 5394-5418
2- Whole day trading between 5381-5428

Conclusions from intra day chart analysis 

Although LTP was at the top of the day today after almost whole time positive zone trading but most of the time Distribution Patterns seen between 5394-5418 therefore correction continuation possibility between 5323-5427 is still alive.

Sustaing beyond 5394-5418 will be firstly watched tomorrow and until Nifty will not sustain above 5418 till then further upmove will not be considered and slipping below 5393 will be strong signal of correction continuation and sharp declines possibility as well.

FII Trading Data in Derivatives Segment on 14-Feb-2012

FII & DII trading activity in Capital Market Segment on 14-Feb-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 14-Feb-2012 2955.58 1925.46 1030.12

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 14-Feb-2012 1109.31 1517.95 -408.64

Indian Stock Markets Closing Reports(14-Feb-2012)

Main features of today trading are as follows

1- All the Indices closed positive except HC.
2- White Candle.
3- Sharp surge in last 10 minutes.

Ratios

Nifty Put Call Ratio: 1.13
Nifty P/E Ratio(14-Feb-2012): 18.95

Advances & Declines

BSE Advances : 1619
BSE Declines : 1275
NSE Advances :  810
NSE Declines :  640

Nifty Open Interest Changed Today

Nifty- 5300 CE(Feb)- -169250(-5.11%)
Nifty- 5300 PE(Feb)- +94300(+1.33%)

Nifty- 5400 CE(Feb)- -690350(-11.82%)
Nifty- 5400 PE(Feb)- +783300(+15.25%)

Nifty- 5500 CE(Feb)- -202150(-2.80%)
Nifty- 5500 PE(Feb)- +385250(+24.05%)

Closing 

Nifty- closed at 5,416.05(+25.85 Points & +0.48%)
Sensex- closed at 17,848.57(+75.73 Points & +0.43% )
CNX Midcap - closed at 7,621.25(+69.45 Points & +0.92%)
BSE Smallcap- closed at 6,960.66(+57.09 Points & +0.83%)

Nifty Spot-Levels & Trading Strategy for 15-02-2012

Nifty Spot-Levels

R3 5488
R2 5458
R1 5437
Avg 5407
S1 5386
S2 5356
S3 5335

Nifty Spot-Trading Strategy

H6 5467     Trgt 2
H5 5455     Trgt 1
H4 5444     Long breakout
H3 5430     Go Short
H2 5425
H1 5420
L1 5411
L2 5406
L3 5401     Long
L4 5387     Short Breakout
L5 5376     Trgt 1
L6 5364     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 15-02-2012

Nifty(Feb Fut)-Levels

R3 5523
R2 5488
R1 5464
Avg 5429
S1 5405
S2 5370
S3 5346

Nifty(Feb Fut)-Trading Strategy

H6 5499     Trgt 2
H5 5485    Trgt 1
H4 5472    Long breakout
H3 5456     Go Short
H2 5450
H1 5445
L1 5434
L2 5429
L3 5423     Long
L4 5407     Short Breakout
L5 5394     Trgt 1
L6 5380     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 15-02-2012

Bank Nifty(Feb Fut)-Levels

R3 10822
R2 10730
R1 10659
Avg 10567
S1 10496
S2 10404
S3 10333

Bank Nifty(Feb Fut)-Trading Strategy

H6 10753     Trgt 2
H5 10716     Trgt 1
H4 10678     Long breakout
H3 10633     Go Short
H2 10618
H1 10603
L1 10574
L2 10559
L3 10544    Long
L4 10499    Short Breakout
L5 10461    Trgt 1
L6 10424    Trgt 2

Pre-Closing Outlook(14-02-2012)

Most of the time 25 points range bound trading within 5393-5418 today with intraday selling formations indications despite most time positive zone trading today . Until Nifty will not sustain above 5418 till then further upmove will not be considered and slipping below 5393 will be strong signal of sharp declines. 

Mid-session Outlook-2(14-02-2012)

Most of the time 22 points range bound trading within 5393-5415 today and sustaining beyond this range may be next decisive big moves confirmation therefore should be firstly watched today/tomorrow.

Mid-session Outlook(14-02-2012)

Quiet market within 5380-5415 with intraday selling patterns. Sustaining beyond this range will be next moves first indication therefore should be firstly watched.

5323-5427 Break out will mean minimum 5% fast Moves

Nifty-Micro Analysis of Intra Day Chart For 14-02-2012

Nifty-Intra Day Chart(13-Feb-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5372-5392
2- Support between5351-5372
3- 3 Hours up moves in Rising Channel
4- Selling between 5400-5415
5- Rising Channel broken down in last half hour.
6- Whole day trading between 5351-5415

Conclusions from intra day chart analysis

Following lines were told on 06-02-2012 in Weekly Outlook(Feb 06 to Feb 10,2012)

Bullish rally is very much continued and let it stop,divergence develop in indicators and distribution patterns form on EOD charts also then short term correction will be considered.

Our above projection immediately proved 100% accurate in next week(previous week) Rally is stopped and sideways for the last 6 sessions between 5323-5427 as well as divergence are also clearly visible in indicators.Detailed analysis have already been updated in Long term Trend Up but Short Term Correction Due on 11-02-2012

6 sessions between 5323-5427 and Indian markets are preparing for next next decisive big moves and range break out implications are as follows:-

1- Bullish markets complete correction within sideways moves therefore further fast rally after very short term correction completion possibility within 5323-5427 also can not be ruled out.


2- Breaking down after clear intraday selling patterns between 5323-5427 will mean deeper correction to test next supports 5250/5100.

Although market moved up after lower levels suppport on 13-02-2012 but lacking force and in Rising Channel which was broken down also in last hour therefore next up moves confirmation is required through sustaining above 5427.

6 Sesions sideways markets with 2 Doji candle in previous sessions are suggesting next big moves after 5323-5427 break out therefore just watch sustaining beyond for next minimum 5% fast Moves.

FII Trading Data in Derivatives Segment on 13-Feb-2012

FII & DII trading activity in Capital Market Segment on 13-Feb-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 13-Feb-2012 2600.01 2130.24 469.77

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 13-Feb-2012 832.72 1430.03 -597.31

Indian Stock Markets Closing Reports(13-Feb-2012)

Main features of today trading are as follows

1- Doji Candle formation.
2- Mid Cap and Small Cap Indices closed with moderate gains while other Indices closed flat.
3- Market is preparing for next blasting moves in the coming sessions.

Ratios

Nifty Put Call Ratio: 1.27
Nifty P/E Ratio(13-Feb-2012):18.94

Advances & Declines

BSE Advances : 1496
BSE Declines : 1390
NSE Advances : 754
NSE Declines : 706

Nifty Open Interest Changed Today

Nifty- 5300 CE(Feb)- -250750(-6.97%)
Nifty- 5300 PE(Feb)- +955200(+14.10%)

Nifty- 5400 CE(Feb)- +230250(+4.01%)
Nifty- 5400 PE(Feb)- +599900(+12.66%)

Nifty- 5500 CE(Feb)- +259100(+3.71%)
Nifty- 5500 PE(Feb)- +340300(+26.26%)

Closing 

Nifty- closed at 5,390.20(+8.60 Points & +0.16%)
Sensex- closed at 17,772.84(+24.15 Points & +0.14%)
CNX Midcap - closed at 7,551.80(+14.55 Points & +0.19%)
BSE Smallcap- closed at 6,903.57(+12.72 Points & +0.18%)

Nifty Spot-Levels & Trading Strategy for 14-02-2012

Nifty Spot-Levels

R3 5427
R2 5424
R1 5357
Avg 5354
S1 5287
S2 5284
S3 5217

Nifty Spot-Trading Strategy

H6 5460     Trgt 2
H5 5444     Trgt 1
H4 5428     Long breakout
H3 5409     Go Short
H2 5402
H1 5396
L1 5383
L2 5377
L3 5370     Long
L4 5351     Short Breakout
L5 5335     Trgt 1
L6 5319     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 14-02-2012

Nifty(Feb Fut)-Levels

R3 5528
R2 5486
R1 5452
Avg 5410
S1 5376
S2 5334
S3 5300

Nifty(Feb Fut)-Trading Strategy

H6 5494     Trgt 2
H5 5477     Trgt 1
H4 5459     Long breakout
H3 5438     Go Short
H2 5431
H1 5424
L1 5411
L2 5404
L3 5397     Long
L4 5376     Short Breakout
L5 5358     Trgt 1
L6 5341     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 14-02-2012

Bank Nifty(Feb Fut)-Levels

R3 10865
R2 10727
R1 10625
Avg 10487
S1 10385
S2 10247
S3 10145

Bank Nifty(Feb Fut)-Trading Strategy

H6 10590     Trgt 2
H5 10574     Trgt 1
H4 10559     Long breakout
H3 10541     Go Short
H2 10535
H1 10529
L1 10516
L2 10510
L3 10504     Long
L4 10486     Short Breakout
L5 10471     Trgt 1
L6 10456     Trgt 2

Pre-Closing Outlook(13-02-2012)

Indian markets completely under performed Global marktes today. Most of the Asian markets except SSEC closed more than half pct. up while Indian markets traded most of the time with marginal gains and in negative zone.

Indian markets moved up after all the European markets more than 1% positive trading and Dow'Futures turning 86 points up.

As today up moves from lower levels are lacking force and on the back of strong European markets news also therefore next upmoves confirmation is required tomorrow from sustaining above 5427 despite good recovery from intraday lower levels today.

Mid-session Outlook-2(13-02-2012)

Nifty traded between 5422-5342 with higher levels selling and lower levels intraday supports. In the same manner today also higher levels selling and lower levels sypport seen between 5352-5392.

Today is 6th consecutive side ways market between 5323-5427 and next big moves final confirmation will be sustaining it beyond as well as result of preparation within this range.

Mid-session Outlook(13-02-2012)

Detailed analysis have already been updated in last 3 days. Intraday selling confirmations at higher levels between 5372-5392 today.