Participation in Fed triggered Global Markets Rally

Technical Analysis,Research & Weekly Outlook

(Sep 17 to Sep 21,2012)

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

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 5545-5570
2- Whole day trading between 5528-5585

Conclusions from intra day chart analysis 

Most time intraday consolidations and on going rally continuation is expected.

Nifty-EOD Chart (14-Sep-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- 4531.15 on 20-12-2011
2- Wave-1(5629.95 on 22-02-2012)
3- Wave-2(4770.35 on 04-06-2012)
4- Sub Wave-1(5348.55 ON 10-07-2012)
5- Sub Wave-2(5032.40 on 26-07-2012)
6- Sub Wave-3(5448.40 on 23-08-2012)
7- Sub Wave-4(5215.70 on 05-09-2012)
8- Sub Wave-5 of Wave-3 is on

Conclusions (After Putting All Studies Together)

All trends are up and participation in Fed triggered Global markets rally through 80 points huge gap up opening on 14-09-2012. As previous session up moves with intraday consolidation patterns therefore rally continuation is expected in the coming week as well as new top of 2012 will also be seen.

FII & DII trading activity in Capital Market Segment on 14-Sep-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-Sep-2012 5355.25 2521.53 2833.72

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 14-Sep-2012 1818.41 2506.41 -688

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

Main features of today trading are as follows

1- All the Indices closed in Green except FMCG.
2- Participation in Global Stock markets blasting rally with huge gap up opening.
3- White Candle formation.

Ratios

Nifty Put Call Ratio: 1.07
Nifty P/E Ratio(01-Aug-2012): 17.74

Advances & Declines

BSE Advances : 1480
BSE Declines : 1456
NSE Advances :  775
NSE Declines :  659

Nifty Open Interest Changed Today

Nifty- 5300 CE(Aug)- -953,800(-27.93%)
Nifty- 5300 PE(Aug)- -1,503,750(-15.02%)

Nifty- 5400 CE(Aug)- -2,405,900(-40.68%)
Nifty- 5400 PE(Aug)-  345,750(4.81%)

Nifty- 5500 CE(Aug)- 345,100 (6.80%)
Nifty- 5500 PE(Aug)- 3,036,500(131.92%)

Nifty- 5600 CE(Aug)- -1,513,500(-15.64%)
Nifty- 5600 PE(Aug)-  4,126,600(823.43%)

Closing 

Nifty- closed at 5,577.65(142.30 Points & 2.62%)
Sensex- closed at 18,464.27(443.11 Points & 2.46% )
CNX Midcap - closed at 7,340.00(69.00 Points & 0.95%)
BSE SMLcap- closed at 6,623.12(29.58 Points & 0.45%)

Nifty Spot-Levels & Trading Strategy for 17-09-2012

Nifty Spot-Levels

R3 5660
R2 5623
R1 5600
Avg 5563
S1 5540
S2 5503
S3 5480

Nifty Spot-Trading Strategy

H6 5637     Trgt 2
H5 5623     Trgt 1
H4 5610     Long breakout
H3 5593     Go Short
H2 5588
H1 5582
L1 5571
L2 5566
L3 5560    Long
L4 5544     Short Breakout
L5 5530     Trgt 1
L6 5516     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 17-09-2012

Nifty(Sep Fut)-Levels

R3 5677
R2 5637
R1 5610
Avg 5570
S1 5543
S2 5503
S3 5476

Nifty(Sep Fut)-Trading Strategy

H6 5651     Trgt 2
H5 5636     Trgt 1
H4 5620     Long breakout
H3 5602     Go Short
H2 5596
H1 5590
L1 5577
L2 5571
L3 5565     Long
L4 5547     Short Breakout
L5 5531     Trgt 1
L6 5516     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 17-09-2012

Bank Nifty(Sep Fut)-Levels

R3 11633
R2 11316
R1 10983
Avg 10666
S1 10333
S2 10016
S3 9683

Bank Nifty(Sep Fut)-Trading Strategy

H6 11318    Trgt 2
H5 11163     Trgt 1
H4 11007     Long breakout
H3 10828     Go Short
H2 10769
H1 10709
L1 10590
L2 10530
L3 10471     Long
L4 10292     Short Breakout
L5 10136     Trgt 1
L6  9981    Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Sep 17 to Sep 21,2012)

Nifty Spot-Weekly Levels

R3 5918
R2 5752
R1 5664
Avg 5498
S1 5410
S2 5244
S3 5156

Nifty Spot-Weekly Trading Strategy

H6 5842     Trgt 2
H5 5779     Trgt 1
H4 5716     Long breakout
H3 5646     Go Short
H2 5623
H1 5600
L1 5553
L2 5530
L3 5507     Long
L4 5437     Short Breakout
L5 5374     Trgt 1
L6 5311     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Sep 17 to Sep 21,2012)

Bank Nifty Spot-Weekly Levels

R3 11525
R2 11094
R1 10868
Avg 10437
S1 10211
S2 9780
S3 9554

Bank Nifty Spot-Weekly Trading Strategy 

H6 11340     Trgt 2
H5 11172     Trgt 1
H4 11003     Long breakout
H3 10822     Go Short
H2 10762
H1 10702
L1 10581
L2 10521
L3 10461     Long
L4 10280     Short Breakout
L5 10111     Trgt 1
L6  9943      Trgt 2

Pre-open Outlook(14-09-2012)

Although intraday charts of yesterday are showing selling formations but Global markets are blasting therefore on going rally will remain continued without any correction.

Technical Analysis and Market Outlook(14-09-2012)

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

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5436-5447
2- Minor buying between 5422-5430
3- Whole day trading between 5422-5447

Conclusions from intra day chart analysis 

25 Points whole day narrow range trading with lower levels trading with minor supports at lower levels but higher levels good selling also. As good selling today after yesterday selling formations therefore correction is expected from tomorrow despite whatsoever decision from FED today night.

FII Trading Data in Derivatives Segment on 01-Aug-2012

FII & DII trading activity in Capital Market Segment on 01-Aug-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 01-Aug-2012 9999 8888 1111

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 01-Aug-2012 5555 3333 2222

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

Main features of today trading are as follows

1- Benchmark Indices closed positive with minor gains.
2- Doji Candle formation.
3- Mixed closing of Indices with minor gains or loss.

Ratios

Nifty Put Call Ratio: 1.16
Nifty P/E Ratio(01-Aug-2012): 17.38

Advances & Declines

BSE Advances : 1217
BSE Declines : 1624
NSE Advances :  583
NSE Declines :  868

Nifty Open Interest Changed Today

Nifty- 5200 CE(Aug)- -106,500(-7.01%)
Nifty- 5200 PE(Aug)- -504,650(-5.40%)

Nifty- 5300 CE(Aug)- -223,000 (-6.13%)
Nifty- 5300 PE(Aug)-  498,300(5.24%)

Nifty- 5400 CE(Aug)- 248,500(4.39%)
Nifty- 5400 PE(Aug)- 1,294,050(21.96%)

Nifty- 5500 CE(Aug)- 482,850(6.18%)
Nifty- 5500 PE(Aug)- 229,450(11.07%)

Closing 

Nifty- closed at 5,435.35(4.35 Points & 0.08%)
Sensex- closed at 18,021.16(21.13 Points & 0.12%)
CNX Midcap - closed at 7,271.00(-25.20 Points & -0.35%)
BSE SMLcap- closed at 6,593.54(-16.54 Points & -16.54%)

Nifty Spot-Levels & Trading Strategy for 14-09-2012

Nifty Spot-Levels

R3 5473
R2 5460
R1 5447
Avg 5434
S1 5421
S2 5408
S3 5395

Nifty Spot-Trading Strategy

H6 5461     Trgt 2
H5 5455    Trgt 1
H4 5449    Long breakout
H3 5442     Go Short
H2 5439
H1 5437
L1 5432
L2 5430
L3 5427     Long
L4 5420     Short Breakout
L5 5414     Trgt 1
L6 5408     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 14-09-2012

Nifty(Sep Fut)-Levels

R3 5476
R2 5465
R1 5457
Avg 5446
S1 5438
S2 5427
S3 5419

Nifty(Sep Fut)-Trading Strategy

H6 5469     Trgt 2
H5 5464     Trgt 1
H4 5460     Long breakout
H3 5455     Go Short
H2 5453
H1 5451
L1 5448
L2 5446
L3 5444     Long
L4 5439     Short Breakout
L5 5435     Trgt 1
L6 5430     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 14-09-2012

Bank Nifty(Sep Fut)-Levels

R3 10367
R2 10322
R1 10273
Avg 10228
S1 10179
S2 10134
S3 10085

Bank Nifty(Sep Fut)-Trading Strategy

H6  10319    Trgt 2
H5  10298    Trgt 1
H4  10276    Long breakout
H3  10250    Go Short
H2  10242
H1  10233
L1  10216
L2  10207
L3  10199    Long
L4  10173    Short Breakout
L5  10151    Trgt 1
L6  10130    Trgt 2

Pre-Closing Outlook(13-09-2012)

Following lines were told today in Technical Analysis and Market Outlook(13-09-2012):-

1- As intraday charts of yesterday are showing selling formations therefore consolidations are must today for sustaining and rally above 5450.
2- firstly trading is expected between 5394-5450.
3- follow up buying/selling today will decide next decisive moves beyond mentioned strong resistance range.

First 5 hours trading today between 5,447.45-5,421.85 with minor supports at lower levels but higher levels selling formations also. Slipping below 5422 will mean sharp down moves because below it selling formations yesterday.

Technical Analysis and Market Outlook(13-09-2012)

Nifty-Intra Day Chart (12-Sep-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5410-5415.
2- Volatility after ESM package favouring SC judgement news from Germany.
3- Upmoves in Bearish Rising Wedge formation.
3- Whole day trading between 5394-5434.

Conclusions from intra day chart analysis 

Firstly slipping after intraday selling and then volatility after ESM package favouring SC judgement news from Germany, As higher levels selling in first 2 hours and finally Upmoves in Bearish Rising wedge formations in  last more than one hour therefore fresh consolidation is required for sustaining above yesterday trading range.

All trends are up and up moves continuation but Nifty is trading between strong resistance range(5380-5450). As intraday charts of yesterday are showing selling formations therefore consolidations are must today for sustaining and rally above 5450.

Pre-open Outlook(13-09-2012)

Almost flat Global markets today therefore sentiment is quiet today morning and firstly trading is expected between 5394-5450,follow up buying/selling today will decide next decisive moves beyond mentioned strong resistance range.

FII Trading Data in Derivatives Segment on 12-Sep-2012

FII & DII trading activity in Capital Market Segment on 12-Sep-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 12-Sep-2012 1912.55 1461.36 451.19

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 12-Sep-2012 1179.45 1235.21 -55.76

Indian Stock Markets Closing Reports(12-Sep-2012)

Main features of today trading are as follows

1- All the Indices closed in Green.
2- White Candle formation.
3- Closing near the highs of the day.

Ratios

Nifty Put Call Ratio: 1.08
Nifty P/E Ratio(01-Aug-2012): 17.37

Advances & Declines

BSE Advances : 1539
BSE Declines : 1339
NSE Advances :  833
NSE Declines :  601

Nifty Open Interest Changed Today

Nifty- 5200 CE(Aug)- -271,500(-15.16%)
Nifty- 5200 PE(Aug)-  325,400(3.61%)

Nifty- 5300 CE(Aug)- -560,000(-13.34%)
Nifty- 5300 PE(Aug)-  987,650(11.59%)

Nifty- 5400 CE(Aug)- -555,300(-8.93%)
Nifty- 5400 PE(Aug)-  1,414,800(31.59%)

Nifty- 5500 CE(Aug)-  512,000(7.02%)
Nifty- 5500 PE(Aug)-  649,000(45.60%)

Closing 

Nifty- closed at 5,431.00(41.00 Points & 0.76%)
Sensex- closed at 18,000.03(147.08 Points & 0.82%)
CNX Midcap - closed at 7,296.20(17.95 Points & 0.25%)
BSE SMLcap- closed at 6,610.08(30.40 Points & 0.46%)

Nifty Spot-Levels & Trading Strategy for 13-09-2012

Nifty Spot-Levels

R3 5488
R2 5461
R1 5446
Avg 5419
S1 5404
S2 5377
S3 5362

Nifty Spot-Trading Strategy

H6 5473     Trgt 2
H5 5463     Trgt 1
H4 5454     Long breakout
H3 5442     Go Short
H2 5438
H1 5434
L1 5427
L2 5423
L3 5419     Long
L4 5407     Short Breakout
L5 5398     Trgt 1
L6 5388     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 13-09-2012

Nifty(Sep Fut)-Levels

R3 5514
R2 5483
R1 5464
Avg 5433
S1 5414
S2 5383
S3 5364

Nifty(Sep Fut)-Trading Strategy

H6 5496     Trgt 2
H5 5484    Trgt 1
H4 5473     Long breakout
H3 5459     Go Short
H2 5455
H1 5450
L1 5441
L2 5436
L3 5432     Long
L4 5418     Short Breakout
L5 5407     Trgt 1
L6 5359     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 13-09-2012

Bank Nifty(Sep Fut)-Levels

R3 10388
R2 10316
R1 10266
Avg 10194
S1 10144
S2 10072
S3 10022

Bank Nifty(Sep Fut)-Trading Strategy

H6 10339     Trgt 2
H5 10311     Trgt 1
H4 10283     Long breakout
H3 10249     Go Short
H2 10238
H1 10227
L1 10204
L2 10193
L3 10182     Long
L4 10148     Short Breakout
L5 10120     Trgt 1
L6 10092     Trgt 2

Pre-Closing Outlook(12-09-2012)

All trends are up and up moves continuation after news based high intraday volatility. As positive news flow also therefore rally continuation is expected.

Mid-session Outlook-3(12-09-2012)

Slipping from intraday higher levels but supports at lower levels also as well as volatility after ESM package favouring SC judgement news from Germany. As Technical positions reverses during such volatility therefore finally sustaining beyond 5402-5417 will be next trend confirmation and should be firstly watched.

Mid-session Outlook-2(12-09-2012)

As again profit booking therefore not sustaining at higher levels. 

Mid-session Outlook(12-09-2012)

July IIP at 0.1% vs 3.7% (YoY)

Although Indian markets slipped from intraday higher levels after minor profit booking at higher levels but intraday patterns are indicating consolidation formations also. Indian markets are reacting today announced IIP data as well as preparing for post RBI Credit Policy moves on 17-09-2012.

All trends are up and Nifty is trading within strong resistance range(5380-5450),its break out will form next big moves. Forceful break out or sustaining beyond of today 15 points intraday trading range(5402-5417) will give first signal of mentioned resistance range break out direction therefore should be firstly watched.

Rally continuation after correction completion

Nifty-EOD Chart (11-Sep-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Wave-2(4770.35 on 04-06-2012)
2- Sub Wave-1(5348.55 ON 10-07-2012)
3- Sub Wave-2(5032.40 on 26-07-2012)
4- Sub Wave-3(5448.40 on 23-08-2012)
5- Sub Wave-4(5215.70 on 05-09-2012)
6- Sub Wave-5 of Wave-3 is on after correction completion

Conclusions from EOD chart analysis 

Sub Wave-5 of Wave-3 is on after correction completion but intraday selling  between 5362-5373 was seen on 10-Sep-2012 therefore firstly negative zone trading was seen yesterday. Intraday supports at lower levels and after that more than 1 hour trading above 5373 was seen yesterday therefore on going rally(Sub Wave-5 of Wave-3) continuation possibilities turned higher yesterday.

As strong resistances between 5380-5450 therefore complete consolidations is required for rally above 5450 and up moves may be slow also but expected that finally rally will be seen above 5450 .

FII Trading Data in Derivatives Segment on 11-Sep-2012

FII & DII trading activity in Capital Market Segment on 11-Sep-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 11-Sep-2012 1735.72 1312.13 423.59

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 11-Sep-2012 711.27 1077.07 -365.8

Indian Stock Markets Closing Reports(11-Sep-2012)

Main features of today trading are as follows

1- All the Indices closed in Green.
2- Long White Candle.
3- Closing near the highs of the day.

Ratios

Nifty Put Call Ratio: 1.13
Nifty P/E Ratio(01-Aug-2012): 17.22

Advances & Declines

BSE Advances : 1557
BSE Declines : 1293
NSE Advances :  782
NSE Declines :  642

Nifty Open Interest Changed Today

Nifty- 5200 CE(Aug)- -104,400(-5.51%)
Nifty- 5200 PE(Aug)-  977,500(12.15%)

Nifty- 5300 CE(Aug)- -146,950(-3.38%)
Nifty- 5300 PE(Aug)-  1,339,150(18.64%)

Nifty- 5400 CE(Aug)- -527,800(-7.82%)
Nifty- 5400 PE(Aug)-  1,650,200(58.34%)

Nifty- 5500 CE(Aug)-  297,700(4.25%)
Nifty- 5500 PE(Aug)-  190,750(15.48%)

Closing 

Nifty- closed at   5,390.00(26.55 Points & 0.50%)
Sensex- closed at 17,852.95(86.17 Points & 0.49%)
CNX Midcap - closed at 7,278.25(23.75 Points & 0.33%)
BSE SMLcap- closed at 6,579.68(38.03 Points & 0.58%)

Nifty Spot-Levels & Trading Strategy for 12-09-2012

Nifty Spot-Levels

R3 5472
R2 5432
R1 5411
Avg 5371
S1 5350
S2 5310
S3 5289

Nifty Spot-Trading Strategy

H6 5451     Trgt 2
H5 5437     Trgt 1
H4 5423     Long breakout
H3 5406     Go Short
H2 5401
H1 5395
L1 5384
L2 5378
L3 5373     Long
L4 5356     Short Breakout
L5 5342     Trgt 1
L6 5328     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 12-09-2012

Nifty(Sep Fut)-Levels

R3 5505
R2 5457
R1 5431
Avg 5383
S1 5357
S2 5309
S3 5283

Nifty(Sep Fut)-Trading Strategy

H6 5479     Trgt 2
H5 5462     Trgt 1
H4 5445     Long breakout
H3 5425     Go Short
H2 5418
H1 5411
L1 5398
L2 5391
L3 5384     Long
L4 5364     Short Breakout
L5 5347     Trgt 1
L6 5330     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 12-09-2012

Bank Nifty(Sep Fut)-Levels

R3 10358
R2 10266
R1 10211
Avg 10119
S1 10064
S2 9972
S3 9917

Bank Nifty(Sep Fut)-Trading Strategy

H6 10305     Trgt 2
H5 10271     Trgt 1
H4 10237     Long breakout
H3 10197     Go Short
H2 10183
H1 10170
L1 10143
L2 10130
L3 10116     Long
L4 10076     Short Breakout
L5 10042     Trgt 1
L6 10008     Trgt 2

Pre-Closing Outlook(11-09-2012)

Last more than 3 hours positive zone trading after gap down opening today.but on the back of sharp surge in US Futures therefore confirmations are required through sustaining above 5373.

All trends are up and finally sustaining above 5373 will mean rally continuation after minor correction completion. As lower levels intraday supports today and yesterday as well as trading above yesterday intraday selling range today therefore on going rally continuation possibilities turning higher.

Mid-session Outlook-2(11-09-2012)

Dow's Futures was more than 50 points down and also trading in Red since opening today but its sharp surge and now +35 trading triggered recovery in presently trading all Asian markets. 

Although today intraday supports at lower levels but today recovery is US Futures led also therefore confirmation is must through sustaining above 5373.

Mid-session Outlook(11-09-2012)

Nifty is trading between yesterday intraday supports range(5349-5358) after lower levels intraday supports today.As seliing was also seen between 5362-5373 yesterday therefore until Nifty will not sustain above 5373 till then next up moves will not be considered.

For next trend confirmations:-

1- Firstly watch sustaining beyond 5349-5358
2- Final confirmation will be sustaining beyond 5332-5373

Post-open Outlook(11-09-2012)

Negative zone trading after gap down trading but minor intraday recovery from lower levels and testing of yesterday intraday supports range(5349-5358) as well as trading just below it for the last one hour.

As sustaining below 5349 will be correction continuation and more down moves confirmation therefore should be firstly watched today.

Technical Analysis and Market Outlook(11-09-2012)

Nifty-Intra Day Chart (10-Sep-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Support between 5349-5358
2- Selling between 5362-5373
3- Whole day trading between 5349-5375

Conclusions from intra day chart analysis 

As both higher levels selling and lower levels buying were seen yesterday therefore following lines were told in Pre-Closing Outlook yesterday and being repeated today:-

"Next move first strong signal will be forceful break out or sustaining beyond 5350-5375 and should be firstly watched"

Pre-open Outlook(11-09-2012)

US markets closed in Red at the lowest of the day yesterday therefore sentiment weakened and most Asian markets are trading negative today morning as well as some opened gap down also. As depressed sentiment today and higher levels selling in Indian markets yesterday therefore firstly negative zone trading will be seen after weaker opening today.

Intraday supports were also seen 5349-5358 yesterday and sustaining below 5349 will be more down moves confirmations. Strong up moves were seen on 07-09-2012 after lower levels  good consolidations as well as strong supports were also seen. Following supports should be firstly watched for today started down moves completion/continuation confirmations;-

1- 5310-5325
2- 5260-5310(Gap support of 07-09-2012)
3- 5220-5230(Strong support)

Indian Stock Markets Closing Reports(10-Sep-2012)

Main features of today trading are as follows

1- Benchmark Indices closed positive with minor gains.
2- Whole day sideways trading.
3- Doji Candle formation.

Ratios

Nifty Put Call Ratio: 1.15
Nifty P/E Ratio(10-Sep-2012): 17.15

Advances & Declines

BSE Advances : 1499
BSE Declines : 1339
NSE Advances :  780
NSE Declines :  660

Nifty Open Interest Changed Today

Nifty- 5200 CE(Sep)- -186,500(-8.96%)
Nifty- 5200 PE(Sep)-  253,800(3.26%)

Nifty- 5300 CE(Sep)- 59,950(1.40%)
Nifty- 5300 PE(Sep)- 1,120,000(18.47%)

Nifty- 5400 CE(Sep)- 18,500(0.27%)
Nifty- 5400 PE(Sep)- -20,650(-0.72%)

Nifty- 5500 CE(Sep)- 589,000(9.19%)
Nifty- 5500 PE(Sep)- 299,150(32.05%)

Closing 

Nifty- closed at 5,363.45(4.75 Points & 0.09%)
Sensex- closed at 17,766.78(17.13 Points & 0.10% )
CNX Midcap - closed at 7,251.15(15.35 Points & 0.21%)
BSE SMLcap- closed at 6,541.65(45.42 Points & 0.70%)

FII & DII trading activity in Capital Market Segment on 10-Sep-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 10-Sep-2012 2033.66 1340.93 692.73

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 10-Sep-2012 665.1 983.42 -318.32

Nifty Spot-Levels & Trading Strategy for 11-09-2012

Nifty Spot-Levels

R3 5401
R2 5388
R1 5375
Avg 5362
S1 5349
S2 5336
S3 5323

Nifty Spot-Trading Strategy

H6 5389     Trgt 2
H5 5383     Trgt 1
H4 5377     Long breakout
H3 5370     Go Short
H2 5367
H1 5365
L1 5360
L2 5358
L3 5355     Long
L4 5348     Short Breakout
L5 5342     Trgt 1
L6 5336     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 11-09-2012

Nifty(Sep Fut)-Levels

R3 5413
R2 5399
R1 5385
Avg 5371
S1 5357
S2 5343
S3 5329

Nifty(Sep Fut)-Trading Strategy

H6  5399    Trgt 2
H5  5392    Trgt 1
H4  5386    Long breakout
H3  5378    Go Short
H2  5376
H1  5373
L1  5368
L2  5365
L3  5363    Long
L4  5355    Short Breakout
L5  5349    Trgt 1
L6  5342    Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 11-09-2012

Bank Nifty(Sep Fut)-Levels

R3 10325
R2 10262
R1 10179
Avg 10116
S1 10033
S2 9970
S3 9887

Bank Nifty(Sep Fut)-Trading Strategy

H6 10242     Trgt 2
H5 10209     Trgt 1
H4 10176     Long breakout
H3 10136     Go Short
H2 10122
H1 10109
L1 10082
L2 10069
L3 10055     Long
L4 10015     Short Breakout
L5  9982     Trgt 1
L6  9949     Trgt 2

Pre-Closing Outlook(10-09-2012)

Side ways market between 5,350-5,375 today with higher levels intraday selling and lower levels buying. Intraday correction expectations were updated in both previous Outlooks and it was seen also.

Following line was told in Mid-session Outlook today and being repeated because it will give next decisive moves confirmations:-

"Next move first strong signal will be forceful break out or sustaining beyond 5350-5375 and should be firstly watched"

Mid-session Outlook(10-09-2012)

Following line was told today in Rally continuation after correction completion

"firstly trade between last saturday  trading  range(5350-5366) and prepare for next moves"

Although today first 2 hours trading range is between 5350.40-5375.45 but Nifty traded most time within mentioned trading range(5350-5366).

Nesxt move first strong signal will be forceful break out or sustaining beyond 5350-5375 and should be firstly watched.

Rally continuation after correction completion

Technical Analysis,Research & Weekly Outlook

(Sep 10 to Sep 14,2012)

Nifty-EOD Chart (08-Sep-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- 4531.15 on 20-12-2011
2- Wave-1(5629.95 on 22-02-2012)
3- Wave-2(4770.35 on 04-06-2012)
4- Sub Wave-1(5348.55 ON 10-07-2012)
5- Sub Wave-2(5032.40 on 26-07-2012)
6- Sub Wave-3(5448.40 on 23-08-2012)
7- Sub Wave-4(5215.70 on 05-09-2012)
8- Sub Wave-5 of Wave-3 is on after correction completion

Conclusions from EOD chart analysis 

All trends are up and closing near 10 days high on 08-09-2012 after huge gap up opening on 07-09-2012. Although no intraday selling seen in last 2 Bullish sessions but strong resistances between 5380-5450 therefore complete consolidations is required for rally above 5450. Sentiment is heated  and cooling down is a demand before next rally therefore some intraday correction may be firstly seen before next rally. As markets corrects at higher levels in Bullish markets therefore expected intraday correction may be seen at higher levels also if global sentiments turns strong.

Rally is on after correction completion and its continuation is expected in the coming week after complete follow up consolidations above 5320 and below 5450.

Pre-open Outlook(10-09-2012)

Although Asian markets are positive today morning but Indian markets have already shown up moves in short session last saturday therefore it is possible that Indian markets may not positively react good Asian markets mood today morning and firstly trade between last saturday  trading  range(5350-5366) and prepare for next moves.

Finally rally is expected after follow up consolidations.

FII & DII trading activity in Capital Market Segment on 08-Sep-2012

FII Trading Data in Derivatives Segment on 08-Sep-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 08-Sep-2012 22.08 2.68 19.4

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 08-Sep-2012 22.8 30.34 -7.54

Indian Stock Markets Closing Reports(08-Sep-2012)

Main features of today trading are as follows

1- Benchmark Indices closed in Green.
2- White Candle.
3- Closing near the highs of the day.

Ratios

Nifty Put Call Ratio: 1.77
Nifty P/E Ratio(08-Sep-2012): 17.14

Advances & Declines

BSE Advances : 1533
BSE Declines :  693
NSE Advances :  851
NSE Declines :  434

Nifty Open Interest Changed Today

Nifty- 5200 CE(Sep)- -39,450(-1.86%)
Nifty- 5200 PE(Sep)- -22,000(-0.28%)

Nifty- 5300 CE(Sep)- -151,750(-3.42%)
Nifty- 5300 PE(Sep)-  113,200(1.90%)

Nifty- 5400 CE(Sep)- 105,950(1.60%)
Nifty- 5400 PE(Sep)- 529,600(22.83%)

Nifty- 5500 CE(Sep)- 86,650(1.37%)
Nifty- 5500 PE(Sep)- 70,650(8.19%)

Closing 

Nifty- closed at 5,358.70(16.60 Points & 0.31%)
Sensex- closed at 17,749.65(65.92 Points & 0.37% )
CNX Midcap - closed at 7,239.15(36.05 Points & 0.50%)
BSE SMLcap- closed at 6,496.23(40.53 Points & 0.63%)

Nifty Spot-Levels & Trading Strategy for 10-09-2012

Nifty Spot-Levels

R3 5437
R2 5401
R1 5380
Avg 5344
S1 5323
S2 5287
S3 5266

Nifty Spot-Trading Strategy

H6  5416    Trgt 2
H5  5403    Trgt 1
H4  5390   Long breakout
H3  5374    Go Short
H2  5369
H1  5364
L1  5353
L2  5348
L3  5343    Long
L4  5327    Short Breakout
L5  5314   Trgt 1
L6  5301   Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 10-09-2012

Nifty(Sep Fut)-Levels

R3 5467
R2 5428
R1 5404
Avg 5365
S1 5341
S2 5302
S3 5278

Nifty(Sep Fut)-Trading Strategy

H6 5443    Trgt 2
H5 5429     Trgt 1
H4 5414     Long breakout
H3 5397     Go Short
H2 5391
H1 5385
L1 5374
L2 5368
L3 5362     Long
L4 5345     Short Breakout
L5 5330     Trgt 1
L6 5316    Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 10-09-2012

Bank Nifty(Sep Fut)-Levels

R3 10406
R2 10297
R1 10238
Avg 10129
S1 10070
S2 9961
S3 9902

Bank Nifty(Sep Fut)-Trading Strategy

H6  10349    Trgt 2
H5  10310    Trgt 1
H4  10271    Long breakout
H3  10225    Go Short
H2  10209
H1  10194
L1  10163
L2  10148
L3  10132    Long
L4  10086    Short Breakout
L5  10047    Trgt 1
L6  10008    Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Sep 10 to Sep 14,2012)

Nifty Spot-Weekly Levels

R3 7008
R2 6687
R1 5951
Avg 5630
S1 4894
S2 4573
S3 3837

Nifty Spot-Weekly Trading Strategy 

H6  6254    Trgt 2
H5  6025    Trgt 1
H4  5797    Long breakout
H3  5506    Go Short
H2  5409
H1  5312
L1  5119
L2  5022
L3  4925    Long
L4  4634    Short Breakout
L5  4406    Trgt 1
L6  4177    Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Sep 10 to Sep 14,2012)

Bank Nifty Spot-Weekly Levels

R3 10616
R2 10389
R1 10268
Avg 10041
S1 9920
S2 9693
S3 9572

Bank Nifty Spot-Weekly Trading Strategy 

H6  10506    Trgt 2
H5  10422     Trgt 1
H4  10338    Long breakout
H3  10242    Go Short
H2  10210
H1  10178
L1  10115
L2  10083
L3  10051   Long
L4   9955   Short Breakout
L5   9871   Trgt 1
L6   9787   Trgt 2