NIFTY-Apr Call Option(5700)-Buy-Positional-SL-19-TGT-64-CMP-31(Buy same quantity which covered today)(Lalit39)
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Pre-Closing Outlook(05-04-2013)
Following most crucial levels broken down:-
1- Top of Wave 1(5629.95)
2- Long Term Trend decider 200 Day EMA and DMA
3- Strong support of 5548.35
As today intraday charts are not showing selling patterns but lower levels supports with consolidation patterns formations seen today therefore valid break out below today lowest is must in next week for further down moves confirmations.
1- Top of Wave 1(5629.95)
2- Long Term Trend decider 200 Day EMA and DMA
3- Strong support of 5548.35
As today intraday charts are not showing selling patterns but lower levels supports with consolidation patterns formations seen today therefore valid break out below today lowest is must in next week for further down moves confirmations.
Mid-session Outlook-3(05-04-2013)
Sentiment is again depressed today due to following Global markets:-
1- Hang Seng trading more than 640 points down
2- Nikkei(Japan) closed near lower levels after loosing more than 350 points gains.
3- Most European markets are trading in Red.
As supports seen at lower levels today in such dampened sentiment after slipping below strong support of 5548.35 therefore today lowest valid break out should be watched for next big down moves confirmations.
1- Hang Seng trading more than 640 points down
2- Nikkei(Japan) closed near lower levels after loosing more than 350 points gains.
3- Most European markets are trading in Red.
As supports seen at lower levels today in such dampened sentiment after slipping below strong support of 5548.35 therefore today lowest valid break out should be watched for next big down moves confirmations.
Mid-session Outlook-2(05-04-2013)
Nifty slipped below strong support of 5548.35 which is last hope of Bulls. Once sustaining below it will mean loosing of all Bullish hopes and market moving into strong Grip of Bears.
NIFTY-Apr Call Option(5700)-1st Intraday Buying of 04-04-2013-Covering
NIFTY-Apr CE(5700)-Intraday Bought on 04-04-2013-Cover immediately-CMP-30(Lalit39)
Mid-session Outlook(05-04-2013)
Red zone trading since opening but with intraday consolidation patterns formations therefore emergence of up moves hopes. As Dow's Futures is more than 30 points down and Hang Seng is 600 points down today therefore view is cautious and up moves confirmation is required through sustaining above today highs and after that 5629.95.
Technical Analysis and Market Outlook(05-04-2013)
Nifty-Intra Day Chart (04-Apr-2013):-
Whole day down moves and most crucial levels broken down but without intraday selling patterns and on the back of depressed Global sentiments therefore sustaining below following crucial levels is must for the beginning of huge down moves confirmations:-
1- Nifty closed below the top of Wave 1(5629.95) today and it means recounting of Waves which started from 4531.15 on 20-12-2011 but as per our view today down closing was due to negative news flow from Global markets therefore breaking down confirmation is required through sustaining below 5629.95.
2- Although Nifty closed below 200 Day EMA(5673) and DMA(5637) but Long Term Trend confirmation is required yet through sustaining below both mentioned Averages.
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| Just click on chart for its enlarged view |
Conclusions
Whole day down moves and most crucial levels broken down but without intraday selling patterns and on the back of depressed Global sentiments therefore sustaining below following crucial levels is must for the beginning of huge down moves confirmations:-
1- Nifty closed below the top of Wave 1(5629.95) today and it means recounting of Waves which started from 4531.15 on 20-12-2011 but as per our view today down closing was due to negative news flow from Global markets therefore breaking down confirmation is required through sustaining below 5629.95.
2- Although Nifty closed below 200 Day EMA(5673) and DMA(5637) but Long Term Trend confirmation is required yet through sustaining below both mentioned Averages.
Sustaining below above mentioned crucial levels should be firstly watched in the coming sessions for the confirmations of big down moves but Indicators are showing positive divergence in oversold zone therefore Bounce back may be seen any day and its possibility is high tomorrow.
FII & DII trading activity in Capital Market Segment on 04-Apr-2013
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Nifty Spot-Levels & Trading Strategy for 05-04-2013
Nifty Spot-Levels
R3 5702
R2 5673
R1 5623
Avg 5594
S1 5544
S2 5515
S3 5465
Nifty Spot-Trading Strategy
H6 5653 Trgt 2
H5 5635 Trgt 1
H4 5617 Long breakout
H3 5595 Go Short
H2 5588
H1 5581
L1 5566
L2 5559
L3 5552 Long
L4 5530 Short Breakout
L5 5512 Trgt 1
L6 5494 Trgt 2
R3 5702
R2 5673
R1 5623
Avg 5594
S1 5544
S2 5515
S3 5465
Nifty Spot-Trading Strategy
H6 5653 Trgt 2
H5 5635 Trgt 1
H4 5617 Long breakout
H3 5595 Go Short
H2 5588
H1 5581
L1 5566
L2 5559
L3 5552 Long
L4 5530 Short Breakout
L5 5512 Trgt 1
L6 5494 Trgt 2
Nifty(Apr Fut)-Levels & Trading Strategy for 05-04-2013
Nifty(Apr Fut)-Levels
R3 5714
R2 5686
R1 5639
Avg 5611
S1 5564
S2 5536
S3 5489
Nifty(Apr Fut)-Trading Strategy
H6 5668 Trgt 2
H5 5651 Trgt 1
H4 5634 Long breakout
H3 5613 Go Short
H2 5606
H1 5599
L1 5586
L2 5579
L3 5572 Long
L4 5551 Short Breakout
L5 5534 Trgt 1
L6 5517 Trgt 2
R3 5714
R2 5686
R1 5639
Avg 5611
S1 5564
S2 5536
S3 5489
Nifty(Apr Fut)-Trading Strategy
H6 5668 Trgt 2
H5 5651 Trgt 1
H4 5634 Long breakout
H3 5613 Go Short
H2 5606
H1 5599
L1 5586
L2 5579
L3 5572 Long
L4 5551 Short Breakout
L5 5534 Trgt 1
L6 5517 Trgt 2
Bank Nifty(Apr Fut)-Levels & Trading Strategy for 05-04-2013
Bank Nifty(Apr Fut)-Levels
R3 11433
R2 11372
R1 11272
Avg 11211
S1 11111
S2 11050
S3 10950
Bank Nifty(Apr Fut)-Trading Strategy
H6 11334 Trgt 2
H5 11297 Trgt 1
H4 11261 Long breakout
H3 11217 Go Short
H2 11202
H1 11187
L1 11158
L2 11143
L3 11128 Long
L4 11084 Short Breakout
L5 11048 Trgt 1
L6 11011 Trgt 2
R3 11433
R2 11372
R1 11272
Avg 11211
S1 11111
S2 11050
S3 10950
Bank Nifty(Apr Fut)-Trading Strategy
H6 11334 Trgt 2
H5 11297 Trgt 1
H4 11261 Long breakout
H3 11217 Go Short
H2 11202
H1 11187
L1 11158
L2 11143
L3 11128 Long
L4 11084 Short Breakout
L5 11048 Trgt 1
L6 11011 Trgt 2
NIFTY-Apr Call Option-Buying Trade
NIFTY-Apr Call Option(5700)-Buy-Positional-SL-19-TGT-64-CMP-36(Lalit39)
Mid-session Outlook-2(04-04-2013)
New low of on going correction at 5585.35 today and as per Elliot Wave Theory Nifty should not close below the top of Wave 1(5629.95) otherwise Waves structure form 20-12-2011 will be is at stake and Waves will be recounted and next trend will understood. As Long Term Trend is also at stake because Nifty is trading below both 200 Day EMA and DMA therefore huge down moves will be seen after sustaining below below 5629.95.
Mid-session Outlook(04-04-2013)
Following line was told at 10:12 AM in Post-open Outlook(04-04-2013):-
Recovery seen from lower levels and now trading above 5629.95 but Long Term Trend and Waves structure from 20-12-2011 is at stake therefore firstly sustaining above 5605 and after that sustaining above 5629.95/5637/5673 will be rally confirmation.
intraday supports emergence through double bottom and higher formations
Recovery seen from lower levels and now trading above 5629.95 but Long Term Trend and Waves structure from 20-12-2011 is at stake therefore firstly sustaining above 5605 and after that sustaining above 5629.95/5637/5673 will be rally confirmation.
Post-open Outlook(04-04-2013)
Gap down opening amid most depressed sentiment but intraday supports emergence through double bottom and higher formations but lot of consolidation is required for next up moves and firstly sustaining beyond 5605 should be watched today for next trend first strong signal.
Big Moves confirmation through 5629.95
Technical Analysis and Market Outlook
(04-04-2013)
Nifty-EOD Chart (03-Apr-2013):- |
| Just click on chart for its enlarged view |
1- 4531.15 on 20-12-2011(Wave-3 beginning after 13 Months Wave-2 correction completion)
2- Wave 1(5629.95 on 22-02-2012)
3- Wave 2(4770.35 on 04-06-2012)
4- Wave 3(6111.80 on 29-01-2013)
5- Wave 4 correction continuation and bottom formation at 5604.85 on 28-03-2012
6- 200 Day EMA at 5673 on 03-04-2012
7- 200 Day DMA at 5637 on 03-04-2012
Nifty-Intra Day Chart (Mar 25 to Apr 03,2013):-
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| Just click on chart for its enlarged view |
1- Consolidation between 5606-5645
2- Selling between 5720-5754
3- 6 Sessions actual trading between 5606-5754
Conclusions (After Putting All Studies Together)
As Per Elliot Wave Theory:-
The bottom of Wave-4 should not dip below the top of Wave 1,at least on a closing basis.
Top of Wave 1 is at 5629.95 and Nifty slipped below it in previous week but not closed below it and 5 sessions traded between Long Term Trend decider 200 Day DMA and EMA as well. As not closing below 5629.95 and rally also above both Long Term Trends deciders on 28-03-2013 therefore strong indication of on going Waves structure survival. It means that beginning of Wave 5 to trade above the top of rally((6111.80) and also the possibility new all time high formation above 6357.10 but good selling seen in last 2 sessions therefore Wave 5 formation confirmation is firstly required through crossing next resistance(5754).
Good selling at higher levels but lower levels strong supports also in last 6 sessions therefore Nifty will firstly trade between 6 Sessions actual trading range(5606-5754) and prepare for next trend in the coming sessions.
Pre-open Outlook(04-04-2013)
Sentiment is weak today morning after big down moves in all the Global markets during last 12 hours therefore gap down opening will be seen in Indian markets and Nifty may test next support range(5606-5645). It is confirm that Long Term Trend and Waves structure is again at stake after global markets crash today and it will be decided through finally sustaining beyond 5629.95. Although again slipping below 5629.95 can not be ruled out if negative news flow remain continued but sustaining it beyond should be firstly watched in the coming sessions.
6 Sessions actual trading between 5606-5754 and Nifty will prepare for next trend within this range in the coming sessions therefore valid break out of this range will give confirmation to next big moves. Follow up moves and intraday charts patterns formations within 5606-5754 will give first indication of next big trend formation,let it develop then will be updated accordingly in the next Outlooks as being done for the last 3 years as well as done again in last 2 days. Just click following Topic Link and verify on yours own live proofs of our accuracy:-
FII & DII trading activity in Capital Market Segment on 03-Apr-2013
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Nifty Spot-Levels & Trading Strategy for 04-04-2013
Nifty Spot-Levels
R3 5561
R2 5616
R1 5633
Avg 5688
S1 5705
S2 5760
S3 5777
Nifty Spot-Trading Strategy
H6 5579 Trgt 2
H5 5594 Trgt 1
H4 5610 Long breakout
H3 5630 Go Short
H2 5636
H1 5643
L1 5656
L2 5663
L3 5669 Long
L4 5689 Short Breakout
L5 5705 Trgt 1
L6 5720 Trgt 2
R3 5561
R2 5616
R1 5633
Avg 5688
S1 5705
S2 5760
S3 5777
Nifty Spot-Trading Strategy
H6 5579 Trgt 2
H5 5594 Trgt 1
H4 5610 Long breakout
H3 5630 Go Short
H2 5636
H1 5643
L1 5656
L2 5663
L3 5669 Long
L4 5689 Short Breakout
L5 5705 Trgt 1
L6 5720 Trgt 2
Nifty(Apr Fut)-Levels & Trading Strategy for 04-04-2013
Nifty(Apr Fut)-Levels
R3 5842
R2 5802
R1 5745
Avg 5705
S1 5648
S2 5608
S3 5551
Nifty(Apr Fut)-Trading Strategy
H6 5785 Trgt 2
H5 5763 Trgt 1
H4 5741 Long breakout
H3 5714 Go Short
H2 5705
H1 5696
L1 5679
L2 5670
L3 5661 Long
L4 5634 Short Breakout
L5 5612 Trgt 1
L6 5590 Trgt 2
R3 5842
R2 5802
R1 5745
Avg 5705
S1 5648
S2 5608
S3 5551
Nifty(Apr Fut)-Trading Strategy
H6 5785 Trgt 2
H5 5763 Trgt 1
H4 5741 Long breakout
H3 5714 Go Short
H2 5705
H1 5696
L1 5679
L2 5670
L3 5661 Long
L4 5634 Short Breakout
L5 5612 Trgt 1
L6 5590 Trgt 2
Bank Nifty(Apr Fut)-Levels & Trading Strategy for 04-04-2013
Bank Nifty(Apr Fut)-Levels
R3 11895
R2 11765
R1 11574
Avg 11444
S1 11253
S2 11123
S3 10932
Bank Nifty(Apr Fut)-Trading Strategy
H6 11705 Trgt 2
H5 11632 Trgt 1
H4 11559 Long breakout
H3 11471 Go Short
H2 11441
H1 11412
L1 11353
L2 11324
L3 11294 Long
L4 11206 Short Breakout
L5 11133 Trgt 1
L6 11060 Trgt 2
R3 11895
R2 11765
R1 11574
Avg 11444
S1 11253
S2 11123
S3 10932
Bank Nifty(Apr Fut)-Trading Strategy
H6 11705 Trgt 2
H5 11632 Trgt 1
H4 11559 Long breakout
H3 11471 Go Short
H2 11441
H1 11412
L1 11353
L2 11324
L3 11294 Long
L4 11206 Short Breakout
L5 11133 Trgt 1
L6 11060 Trgt 2
Live Proofs of Profitable trading calls and Accurate analysis
Just click following SMS picture and enlarge for viewing that Put Option buying call which achieved target within 25 minutes today:-
Intraday selling Patterns formations was told in all 3 previous Outlooks and following lines were told: in last 2 days-
Following line was told at 02:49 PM in Pre-Closing Outlook(03-04-2013):-
Narrow range trading with intraday selling patterns formations today and some down moves can not be ruled out.
Following line was repeated at 07:19 AM on 03-04-2013:-
whole up move is without force and with Bearish Rising Wedge formations therefore higher levels consolidation is also required
Following line was told at 01:49 PM in Mid-session Outlook(02-04-2013):-
whole up move is without force and with Bearish Rising Wedge formations therefore higher levels consolidation is also required
SMS picture
2nd SMS picture
Following line was told at 02:49 PM in Pre-Closing Outlook(03-04-2013):-
Narrow range trading with intraday selling patterns formations today and some down moves can not be ruled out.
Following line was repeated at 07:19 AM on 03-04-2013:-
whole up move is without force and with Bearish Rising Wedge formations therefore higher levels consolidation is also required
Following line was told at 01:49 PM in Mid-session Outlook(02-04-2013):-
whole up move is without force and with Bearish Rising Wedge formations therefore higher levels consolidation is also required
Pre-Closing Outlook(03-04-2013)
Narrow range trading with intraday selling patterns formations today and some down moves can not be ruled out.
Following line was told yesterday in Mid-session Outlook
Although rally continuation is expected but follow up consolidation is must today for decisive up moves above yesterday highs therefore view is cautious and sustaining above yesterday highest should be firstly watched today for next rally confirmations.
whole up move is without force and with Bearish Rising Wedge formations therefore higher levels consolidation is also required
Blog will be updated after 01:00 PM today
Mid-session Outlook(02-04-2013)
Rally continuation after lower levels consolidations today and today up moves were also supported by US Futures surge after 12:00PM as well as Positive European markets opening. As whole up move is without force and with Bearish Rising Wedge formations therefore higher levels consolidation is also required and volatility may be seen as well.
Following line was told in Wave 5 formation towards next target above 6111.80 on 31-03-2013 which proved 100% accurate today:-
Rally continuation is expected after some more higher levels consolidations.
Following line was told in Wave 5 formation towards next target above 6111.80 on 31-03-2013 which proved 100% accurate today:-
minimum Pull Back Rally will be seen in Short term.
Rally continuation is expected after some more higher levels consolidations.
Technical Analysis and Market Outlook(02-04-2013)
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| Just click on chart for its enlarged view |
1- Selling between 5700-5720
2- Support between 5675-5688
3- Whole day actual trading between 5675-5720
Conclusions from intra day chart analysis
Following Outlook was updated in both previous intraday Outlooks yesterday:-
As lower levels supports and higher levels selling patterns indications therefore view is watchful today and valid break out of today trading range(5675-5720) will give next Short term move confirmations.
Pre-open Outlook(02-04-2013)
Asian markets are mixed today morning after negative closing in US markets yesterday therefore sentiment is quiet but it seems that selling was more than buying yesterday therefore expected that Nifty will firstly trade within yesterday trading range after little weaker opening.
Although slipping below 5675 can not be ruled out but follow up moves and finally sustaining beyond 5675-5720 will be next Short Term Trend confirmation therefore should be firstly watched today.
Nifty(Apr Fut)- Intraday Trading levels , Strategy and Targets for 02-04-2013
Buy at or above:-5738
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1st Targets:5754
2nd Targets:5773
3rd Targets:5792
4th Targets:5811
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Stop Loss:5719
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Sell at or below:-5719
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1st Targets:5703
2nd Targets:5684
3rd Targets:5665
4th Targets:5646
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Stop Loss:5738
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Trading guidance:-
1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.
6- Firstly go through today Outlooks also for better profits and more accuracy.
Bank Nifty(Apr Fut)- Intraday Trading levels,Strategy and Targets for 02-04-2013
Buy at or above:-11502
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1st Targets:11523
2nd Targets:11550
3rd Targets:11577
4th Targets:11604
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Stop Loss:11475
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Sell at or below:-11475
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1st Targets:11454
2nd Targets:11427
3rd Targets:11401
4th Targets:11502
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Stop Loss:
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Trading guidance:-
1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.
Nifty Spot-Levels & Trading Strategy for 02-04-2013
Nifty Spot-Levels
R3 5769
R2 5744
R1 5724
Avg 5699
S1 5679
S2 5654
S3 5634
Nifty Spot-Trading Strategy
H6 5749 Trgt 2
H5 5738 Trgt 1
H4 5728 Long breakout
H3 5716 Go Short
H2 5712
H1 5708
L1 5699
L2 5695
L3 5691 Long
L4 5679 Short Breakout
L5 5669 Trgt 1
L6 5658 Trgt 2
R3 5769
R2 5744
R1 5724
Avg 5699
S1 5679
S2 5654
S3 5634
Nifty Spot-Trading Strategy
H6 5749 Trgt 2
H5 5738 Trgt 1
H4 5728 Long breakout
H3 5716 Go Short
H2 5712
H1 5708
L1 5699
L2 5695
L3 5691 Long
L4 5679 Short Breakout
L5 5669 Trgt 1
L6 5658 Trgt 2
Nifty(Apr Fut)-Levels & Trading Strategy for 02-04-2013
Nifty(Apr Fut)-Levels
R3 5794
R2 5768
R1 5747
Avg 5721
S1 5700
S2 5674
S3 5653
Nifty(Apr Fut)-Trading Strategy
H6 5773 Trgt 2
H5 5762 Trgt 1
H4 5751 Long breakout
H3 5738 Go Short
H2 5734
H1 5730
L1 5721
L2 5717
L3 5713 Long
L4 5700 Short Breakout
L5 5689 Trgt 1
L6 5678 Trgt 2
R3 5794
R2 5768
R1 5747
Avg 5721
S1 5700
S2 5674
S3 5653
Nifty(Apr Fut)-Trading Strategy
H6 5773 Trgt 2
H5 5762 Trgt 1
H4 5751 Long breakout
H3 5738 Go Short
H2 5734
H1 5730
L1 5721
L2 5717
L3 5713 Long
L4 5700 Short Breakout
L5 5689 Trgt 1
L6 5678 Trgt 2
Bank Nifty(Apr Fut)-Levels & Trading Strategy for 02-04-2013
Bank Nifty(Apr Fut)-Levels
R3 11683
R2 11600
R1 11540
Avg 11457
S1 11397
S2 11314
S3 11254
Bank Nifty(Apr Fut)-Trading Strategy
H6 11624 Trgt 2
H5 11591 Trgt 1
H4 11558 Long breakout
H3 11519 Go Short
H2 11506
H1 11493
L1 11466
L2 11453
L3 11440 Long
L4 11401 Short Breakout
L5 11368 Trgt 1
L6 11335 Trgt 2
R3 11683
R2 11600
R1 11540
Avg 11457
S1 11397
S2 11314
S3 11254
Bank Nifty(Apr Fut)-Trading Strategy
H6 11624 Trgt 2
H5 11591 Trgt 1
H4 11558 Long breakout
H3 11519 Go Short
H2 11506
H1 11493
L1 11466
L2 11453
L3 11440 Long
L4 11401 Short Breakout
L5 11368 Trgt 1
L6 11335 Trgt 2
Pre-Closing Outlook(01-04-2013)
As lower levels supports and higher levels selling patterns indications therefore view is watchful today and valid break out of today trading range(5675-5720) will give next Short term move confirmations.
Mid-session Outlook-2(01-04-2013)
Although some recovery from lower levels after getting supports and trading in Green at this moment also but today intraday charts are showing selliing patterns indications also therefore view is cautious and firstly today trading range valid break out will be watched.
Mid-session Outlook(01-04-2013)
Good opening and slipping into Red after more than 3 hours positive zone trading because intraday correction was required after strong rally last Friday. As multiple resistances at higher levels therefore consolidation is also required before any sustained up move.
Strong base formations at lower levels in previous week therefore Pull Back rally possibility is still expected after completion of on going intraday correction despite trading in Red after loosing all good intraday gains.
Strong base formations at lower levels in previous week therefore Pull Back rally possibility is still expected after completion of on going intraday correction despite trading in Red after loosing all good intraday gains.
Wave 5 formation towards next target above 6111.80
Technical Analysis,Research & Weekly Outlook
(Apr 01 to Apr 05,2013)
Nifty-EOD Chart (28-Mar-2013):- |
| Just click on chart for its enlarged view |
1- 4531.15 on 20-12-2011(Wave-3 beginning after 13 Months Wave-2 correction completion)
2- Wave 1(5629.95 on 22-02-2012)
3- Wave 2(4770.35 on 04-06-2012)
4- Wave i(5348.55 on 10-07-2012)
5- Wave ii(5032.40 on 26-07-2012)
6- Wave iii(5815.35 on 05-10-2012)
7- Wave iv(5548.35 on 20-11-2012)
8- Wave v of Wave 3(6111.80 on 29-01-2013)
9- Wave A(5663.60 on 04-03-2012)
10- Wave B(5971.20 on 11-03-2012)
11- Wave C bottom formation at 5604.85 on 28-03-2012
12- Wave 4 correction continuation
13- 200 Day EMA at 5671 on 28-03-2012
14- 200 Day DMA at 5627 on 28-03-2012
Nifty-Intra Day Chart (28-Mar-2013):-
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| Just click on chart for its enlarged view |
1- More than 5 hours consolidation between 5605-5640
2- Strong rally in last 45 minutes
3- Closing near higher levels of the day
4- Whole day actual trading between 5605-5690
Conclusions (After Putting All Studies Together)
As Per Elliot Wave Theory:-
The bottom of Wave-4 should not dip below the top of Wave 1,at least on a closing basis.
Top of Wave 1 is at 5629.95 and Nifty slipped below it in last 3 sessions but not closed below it and 5 sessions traded between Long Term Trend decider 200 Day DMA and EMA as well. As not closing below 5629.95 and rally also above both Long Term Trends deciders last Friday therefore strong indication of on going Waves structure survival. It means that beginning of Wave 5 to cross the top of rally((6111.80) and also the possibility new all time high formation above 6357.10.
Strong rally after more than 5 hours consolidation between 5605-5640 last Friday means good supports at lower levels and minimum Pull Back Rally will be seen in Short term. As political uncertainty therefore volatility can not be ruled out but until Nifty will not sustain below 5605 or close below 5629.95 till then next decisive down move will not be considered. Although General Elections may also be declared and may be big negative news flow also in the coming weeks,months and years but finally markets moves on technicals and until above mentioned Waves structure survives till then rally possibility is very much alive above 6111.80/6357.10.
Expected that up moves will remain continued in the coming sessions but higher levels consolidations is also required because strong multiple resistances upto 6111.80.
Nifty(Apr Fut)- Intraday Trading levels , Strategy and Targets for 01-04-2013
Buy at or above:-5700
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1st Targets:5716
2nd Targets:5735
3rd Targets:5754
4th Targets:5773
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Stop Loss:5681
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Sell at or below:-5681
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1st Targets:5665
2nd Targets:5646
3rd Targets:5627
4th Targets:5609
-------------------------------
Stop Loss:5700
-------------------------------------------------
Trading guidance:-
1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.
6- Firstly go through today Outlooks also for better profits and more accuracy.
Bank Nifty(Apr Fut)- Intraday Trading levels,Strategy and Targets for 01-04-2013
Buy at or above:-11368
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1st Targets:11389
2nd Targets:11416
3rd Targets:11443
4th Targets:11470
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Stop Loss:11342
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Sell at or below:-11342
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1st Targets:11321
2nd Targets:11294
3rd Targets:11268
4th Targets:11241
-------------------------------
Stop Loss:11368
-------------------------------------------------
Trading guidance:-
1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.
FII & DII trading activity in Capital Market Segment on 28-Mar-2013
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Nifty Spot-Levels & Trading Strategy for 01-04-2013
Nifty Spot-Levels
R3 5802
R2 5747
R1 5714
Avg 5659
S1 5626
S2 5571
S3 5538
Nifty Spot-Trading Strategy
H6 5771 Trgt 2
H5 5750 Trgt 1
H4 5730 Long breakout
H3 5706 Go Short
H2 5698
H1 5690
L1 5673
L2 5665
L3 5657 Long
L4 5633 Short Breakout
L5 5613 Trgt 1
L6 5592 Trgt 2
R3 5802
R2 5747
R1 5714
Avg 5659
S1 5626
S2 5571
S3 5538
Nifty Spot-Trading Strategy
H6 5771 Trgt 2
H5 5750 Trgt 1
H4 5730 Long breakout
H3 5706 Go Short
H2 5698
H1 5690
L1 5673
L2 5665
L3 5657 Long
L4 5633 Short Breakout
L5 5613 Trgt 1
L6 5592 Trgt 2
Nifty(Apr Fut)-Levels & Trading Strategy for 01-04-2013
Nifty(Apr Fut)-Levels
R3 5837
R2 5782
R1 5748
Avg 5693
S1 5659
S2 5604
S3 5570
Nifty(Apr Fut)-Trading Strategy
H6 5804 Trgt 2
H5 5783 Trgt 1
H4 5762 Long breakout
H3 5738 Go Short
H2 5730
H1 5722
L1 5705
L2 5697
L3 5689 Long
L4 5665 Short Breakout
L5 5644 Trgt 1
L6 5623 Trgt 2
R3 5837
R2 5782
R1 5748
Avg 5693
S1 5659
S2 5604
S3 5570
Nifty(Apr Fut)-Trading Strategy
H6 5804 Trgt 2
H5 5783 Trgt 1
H4 5762 Long breakout
H3 5738 Go Short
H2 5730
H1 5722
L1 5705
L2 5697
L3 5689 Long
L4 5665 Short Breakout
L5 5644 Trgt 1
L6 5623 Trgt 2
Bank Nifty(Apr Fut)-Levels & Trading Strategy for 01-04-2013
Bank Nifty(Apr Fut)-Levels
R3 11889
R2 11687
R1 11554
Avg 11352
S1 11219
S2 11017
S3 10884
Bank Nifty(Apr Fut)-Trading Strategy
H6 11765 Trgt 2
H5 11685 Trgt 1
H4 11606 Long breakout
H3 11514 Go Short
H2 11483
H1 11452
L1 11391
L2 11360
L3 11329 Long
L4 11237 Short Breakout
L5 11158 Trgt 1
L6 11078 Trgt 2
R3 11889
R2 11687
R1 11554
Avg 11352
S1 11219
S2 11017
S3 10884
Bank Nifty(Apr Fut)-Trading Strategy
H6 11765 Trgt 2
H5 11685 Trgt 1
H4 11606 Long breakout
H3 11514 Go Short
H2 11483
H1 11452
L1 11391
L2 11360
L3 11329 Long
L4 11237 Short Breakout
L5 11158 Trgt 1
L6 11078 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Apr 01 to Apr 05,2013)
Nifty Spot-Weekly Levels
R3 5844
R2 5781
R1 5731
Avg 5668
S1 5618
S2 5555
S3 5505
Nifty Spot-Weekly Trading Strategy
H6 5796 Trgt 2
H5 5770 Trgt 1
H4 5744 Long breakout
H3 5713 Go Short
H2 5702
H1 5692
L1 5671
L2 5661
L3 5650 Long
L4 5619 Short Breakout
L5 5593 Trgt 1
L6 5567 Trgt 2
R3 5844
R2 5781
R1 5731
Avg 5668
S1 5618
S2 5555
S3 5505
Nifty Spot-Weekly Trading Strategy
H6 5796 Trgt 2
H5 5770 Trgt 1
H4 5744 Long breakout
H3 5713 Go Short
H2 5702
H1 5692
L1 5671
L2 5661
L3 5650 Long
L4 5619 Short Breakout
L5 5593 Trgt 1
L6 5567 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Apr 01 to Apr 05,2013)
Bank Nifty Spot-Weekly Levels
R3 11865
R2 11639
R1 11500
Avg 11274
S1 11135
S2 10909
S3 10770
Bank Nifty Spot-Weekly Trading Strategy
H6 11737 Trgt 2
H5 11650 Trgt 1
H4 11562 Long breakout
H3 11462 Go Short
H2 11428
H1 11395
L1 11328
L2 11295
L3 11261 Long
L4 11161 Short Breakout
L5 11073 Trgt 1
L6 10986 Trgt 2
R3 11865
R2 11639
R1 11500
Avg 11274
S1 11135
S2 10909
S3 10770
Bank Nifty Spot-Weekly Trading Strategy
H6 11737 Trgt 2
H5 11650 Trgt 1
H4 11562 Long breakout
H3 11462 Go Short
H2 11428
H1 11395
L1 11328
L2 11295
L3 11261 Long
L4 11161 Short Breakout
L5 11073 Trgt 1
L6 10986 Trgt 2
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