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FII & DII trading activity in Capital Market Segment on 26-Apr-2013
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Indian Stock Markets Closing Reports(26-Apr-2013)
Main features of today trading are as follows
Ratios
Index Options Put Call Ratio: 1.15
Total Options Put Call Ratio: 1.05
Nifty P/E Ratio(26-Apr-2013): 17.49
Advances & Declines
BSE Advances : 960
BSE Declines : 1,409
NSE Advances : 499
NSE Declines : 817
Nifty Open Interest Changed Today
Nifty- 5600 CE(May)- -58,200(-4.33%)
Nifty- 5600 PE(May)- -70,950(-2.01%)
Nifty- 5700 CE(May)- 11,600(0.43%)
Nifty- 5700 PE(May)- 314,550(6.89%)
Nifty- 5800 CE(May)- 20,850(0.60%)
Nifty- 5800 PE(May)- 241,400(4.96%)
Nifty- 5900 CE(May)- 422,500(10.14%)
Nifty- 5900 PE(May)- 345,750(11.84%)
Nifty- 6000 CE(May)- 582,350(17.49%)
Nifty- 6000 PE(May)- -63,800(-5.72%)
Closing
Sensex- closed at 19,286.72(-120.13 Points & -0.62%)
Nifty- closed at 5,871.45(-44.85 Points & -0.76%)
CNX Midcap - closed at 7,715.15(-62.80 Points & -0.81%)
CNX Smallcap- closed at 3,219.55(-43.45 Points & -1.33%)
Nifty Spot-Levels & Trading Strategy for 29-04-2013
Nifty Spot-Levels
R3 5945
R2 5926
R1 5898
Avg 5879
S1 5851
S2 5832
S3 5804
Nifty Spot-Trading Strategy
H6 5918 Trgt 2
H5 5907 Trgt 1
H4 5896 Long breakout
H3 5883 Go Short
H2 5879
H1 5875
L1 5866
L2 5862
L3 5858 Long
L4 5845 Short Breakout
L5 5834 Trgt 1
L6 5823 Trgt 2
R3 5945
R2 5926
R1 5898
Avg 5879
S1 5851
S2 5832
S3 5804
Nifty Spot-Trading Strategy
H6 5918 Trgt 2
H5 5907 Trgt 1
H4 5896 Long breakout
H3 5883 Go Short
H2 5879
H1 5875
L1 5866
L2 5862
L3 5858 Long
L4 5845 Short Breakout
L5 5834 Trgt 1
L6 5823 Trgt 2
Nifty(May Fut)-Levels & Trading Strategy for 29-04-2013
Nifty(May Fut)-Levels
R3 5955
R2 5937
R1 5912
Avg 5894
S1 5869
S2 5851
S3 5826
Nifty(May Fut)-Trading Strategy
H6 5930 Trgt 2
H5 5920 Trgt 1
H4 5910 Long breakout
H3 5898 Go Short
H2 5894
H1 5890
L1 5883
L2 5879
L3 5875 Long
L4 5863 Short Breakout
L5 5853 Trgt 1
L6 5843 Trgt 2
R3 5955
R2 5937
R1 5912
Avg 5894
S1 5869
S2 5851
S3 5826
Nifty(May Fut)-Trading Strategy
H6 5930 Trgt 2
H5 5920 Trgt 1
H4 5910 Long breakout
H3 5898 Go Short
H2 5894
H1 5890
L1 5883
L2 5879
L3 5875 Long
L4 5863 Short Breakout
L5 5853 Trgt 1
L6 5843 Trgt 2
Bank Nifty(May Fut)-Levels & Trading Strategy for 29-04-2013
Bank Nifty(May Fut)-Levels
R3 12824
R2 12747
R1 12625
Avg 12548
S1 12426
S2 12349
S3 12227
Bank Nifty(May Fut)-Trading Strategy
H6 12703 Trgt 2
H5 12658 Trgt 1
H4 12613 Long breakout
H3 12558 Go Short
H2 12540
H1 12522
L1 12485
L2 12467
L3 12449 Long
L4 12394 Short Breakout
L5 12349 Trgt 1
L6 12304 Trgt 2
R3 12824
R2 12747
R1 12625
Avg 12548
S1 12426
S2 12349
S3 12227
Bank Nifty(May Fut)-Trading Strategy
H6 12703 Trgt 2
H5 12658 Trgt 1
H4 12613 Long breakout
H3 12558 Go Short
H2 12540
H1 12522
L1 12485
L2 12467
L3 12449 Long
L4 12394 Short Breakout
L5 12349 Trgt 1
L6 12304 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Apr 29 to May 03,2013)
Nifty Spot-Weekly Levels
R3 6069
R2 5997
R1 5934
Avg 5862
S1 5799
S2 5727
S3 5664
Nifty Spot-Weekly Trading Strategy
H6 6007 Trgt 2
H5 5976 Trgt 1
H4 5945 Long breakout
H3 5908 Go Short
H2 5895
H1 5883
L1 5858
L2 5846
L3 5833 Long
L4 5796 Short Breakout
L5 5765 Trgt 1
L6 5734 Trgt 2
R3 6069
R2 5997
R1 5934
Avg 5862
S1 5799
S2 5727
S3 5664
Nifty Spot-Weekly Trading Strategy
H6 6007 Trgt 2
H5 5976 Trgt 1
H4 5945 Long breakout
H3 5908 Go Short
H2 5895
H1 5883
L1 5858
L2 5846
L3 5833 Long
L4 5796 Short Breakout
L5 5765 Trgt 1
L6 5734 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Apr 29 to May 03,2013)
Bank Nifty Spot-Weekly Levels
R3 13192
R2 12974
R1 12753
Avg 12535
S1 12314
S2 12096
S3 11875
Bank Nifty Spot-Weekly Trading Strategy
H6 12979 Trgt 2
H5 12877 Trgt 1
H4 12774 Long breakout
H3 12653 Go Short
H2 12613
H1 12573
L1 12492
L2 12452
L3 12412 Long
L4 12291 Short Breakout
L5 12188 Trgt 1
L6 12086 Trgt 2
R3 13192
R2 12974
R1 12753
Avg 12535
S1 12314
S2 12096
S3 11875
Bank Nifty Spot-Weekly Trading Strategy
H6 12979 Trgt 2
H5 12877 Trgt 1
H4 12774 Long breakout
H3 12653 Go Short
H2 12613
H1 12573
L1 12492
L2 12452
L3 12412 Long
L4 12291 Short Breakout
L5 12188 Trgt 1
L6 12086 Trgt 2
Mid-session Outlook-2(26-04-2013)
Although gap up strong opening yesterday but we were cautious because of already mentioned negative news flow and markets turned range bound. As some cooling of(or correction) was also required after 7 sessions strong rally therefore 2 sessions range bound market between 5862-5922 with high volatility yesterday. Sometimes Bull markets does not correct deep and completes correction with range bound mode therefore following ranges valid break out should be firstly watched now:-
1- 5876-5909(most time trading today and yesterday)
2- 5862-5922(Actual trading range of yesterday after high volatility in last hours)
1- 5876-5909(most time trading today and yesterday)
2- 5862-5922(Actual trading range of yesterday after high volatility in last hours)
Mid-session Outlook(26-04-2013)
Almost following lines were told yesterday in Technical Analysis and Market Outlook(26-04-2013):-
1- high volatility in last hours and mentioned range broken out both sides. As technical positions reverses during such volatility and negative news flow(Tension with China and JPC report on Coal scam) also therefore view is cautious.
2- sustaining beyond 5876-5909 should be firstly watched tomorrow for next Short Term Trend confirmations.
Nifty is trading and preparing for next trend within mentioned range since opening today and could not sustain at higher levels. Following conclusions will be drawn after sustaining beyond mentioned range:-
1- Below 5876 will mean correction of previous 7 sessions strong rally.
2- Above 5909 will mean rally continuation with high possibility of strong rally after crossing on going resistance range(5820-5965).
1- high volatility in last hours and mentioned range broken out both sides. As technical positions reverses during such volatility and negative news flow(Tension with China and JPC report on Coal scam) also therefore view is cautious.
2- sustaining beyond 5876-5909 should be firstly watched tomorrow for next Short Term Trend confirmations.
Nifty is trading and preparing for next trend within mentioned range since opening today and could not sustain at higher levels. Following conclusions will be drawn after sustaining beyond mentioned range:-
1- Below 5876 will mean correction of previous 7 sessions strong rally.
2- Above 5909 will mean rally continuation with high possibility of strong rally after crossing on going resistance range(5820-5965).
Technical Analysis and Market Outlook(26-04-2013)
Nifty-Intra Day Chart (25-Apr-2013):-
Technical Patterns and Formations in today intraday charts
1- Up moves in Rising Channel.
2- First 5 hours narrow range trading between 5876-5909
2- High volatility in last hours.
3- Whole day actual trading between 5862-5923.
First 5 hours narrow range trading between 5876-5909 with up moves in Rising Channel after gap up opening and channel down but high volatility in last hours and mentioned range broken out both sides. As technical positions reverses during such volatility and negative news flow(Tension with China and JPC report on Coal scam) also therefore view is cautious.
All trends are up and technically no selling today therefore rally continuation is expected in the coming sessions but view is cautious and sustaining beyond 5876-5909 should be firstly watched tomorrow for next Short Term Trend confirmations.
Just click on chart for its enlarged view |
1- Up moves in Rising Channel.
2- First 5 hours narrow range trading between 5876-5909
2- High volatility in last hours.
3- Whole day actual trading between 5862-5923.
Conclusions from intra day chart analysis
First 5 hours narrow range trading between 5876-5909 with up moves in Rising Channel after gap up opening and channel down but high volatility in last hours and mentioned range broken out both sides. As technical positions reverses during such volatility and negative news flow(Tension with China and JPC report on Coal scam) also therefore view is cautious.
All trends are up and technically no selling today therefore rally continuation is expected in the coming sessions but view is cautious and sustaining beyond 5876-5909 should be firstly watched tomorrow for next Short Term Trend confirmations.
FII & DII trading activity in Capital Market Segment on 25-Apr-2013
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Indian Stock Markets Closing Reports(25-Apr-2013)
Main features of today trading are as follows
RatiosIndex Options Put Call Ratio: 1.21
Total Options Put Call Ratio: 1.17
Nifty P/E Ratio(25-Apr-2013): 17.61
Advances & Declines
BSE Advances : 1,220
BSE Declines : 1,166
NSE Advances : 720
NSE Declines : 612
Nifty Open Interest Changed Today
Nifty- 5600 CE(May)- 229,900(20.62%)
Nifty- 5600 PE(May)- 857,350(32.10%)
Nifty- 5700 CE(May)- 473,450(21.30%)
Nifty- 5700 PE(May)- 1,879,850(70.01%)
Nifty- 5800 CE(May)- 242,450(7.47%)
Nifty- 5800 PE(May)- 2,482,850(104.17%)
Nifty- 5900 CE(May)- 430,650(11.53%)
Nifty- 5900 PE(May)- 2,176,000(292.12%)
Nifty- 6000 CE(May)- 864,400(35.07%)
Nifty- 6000 PE(May)- 515,000(85.73%)
Closing
Sensex- closed at 19,406.85(227.49 Points & 1.19%)
Nifty- closed at 5,916.30(79.40 Points & 1.36%)
CNX Midcap - closed at 7,777.95(43.40 Points & 0.56%)
CNX Smallcap- closed at 3,263.00(11.95 Points & 0.37%)
Nifty Spot-Levels & Trading Strategy for 26-04-2013
Nifty Spot-Levels
R3 6013
R2 5968
R1 5942
Avg 5897
S1 5871
S2 5826
S3 5800
Nifty Spot-Trading Strategy
H6 5987 Trgt 2
H5 5971 Trgt 1
H4 5955 Long breakout
H3 5935 Go Short
H2 5929
H1 5922
L1 5909
L2 5902
L3 5896 Long
L4 5876 Short Breakout
L5 5860 Trgt 1
L6 5844 Trgt 2
R3 6013
R2 5968
R1 5942
Avg 5897
S1 5871
S2 5826
S3 5800
Nifty Spot-Trading Strategy
H6 5987 Trgt 2
H5 5971 Trgt 1
H4 5955 Long breakout
H3 5935 Go Short
H2 5929
H1 5922
L1 5909
L2 5902
L3 5896 Long
L4 5876 Short Breakout
L5 5860 Trgt 1
L6 5844 Trgt 2
Nifty(May Fut)-Levels & Trading Strategy for 26-04-2013
Nifty(May Fut)-Levels
R3 5994
R2 5963
R1 5942
Avg 5911
S1 5890
S2 5859
S3 5838
Nifty(May Fut)-Trading Strategy
H6 5973 Trgt 2
H5 5961 Trgt 1
H4 5949 Long breakout
H3 5935 Go Short
H2 5930
H1 5925
L1 5916
L2 5911
L3 5906 Long
L4 5892 Short Breakout
L5 5880 Trgt 1
L6 5868 Trgt 2
R3 5994
R2 5963
R1 5942
Avg 5911
S1 5890
S2 5859
S3 5838
Nifty(May Fut)-Trading Strategy
H6 5973 Trgt 2
H5 5961 Trgt 1
H4 5949 Long breakout
H3 5935 Go Short
H2 5930
H1 5925
L1 5916
L2 5911
L3 5906 Long
L4 5892 Short Breakout
L5 5880 Trgt 1
L6 5868 Trgt 2
Bank Nifty(May Fut)-Levels & Trading Strategy for 26-04-2013
Bank Nifty(May Fut)-Levels
R3 12894
R2 12808
R1 12742
Avg 12656
S1 12590
S2 12504
S3 12438
Bank Nifty(May Fut)-Trading Strategy
H6 12829 Trgt 2
H5 12794 Trgt 1
H4 12759 Long breakout
H3 12717 Go Short
H2 12703
H1 12689
L1 12662
L2 12648
L3 12634 Long
L4 12592 Short Breakout
L5 12557 Trgt 1
L6 12522 Trgt 2
R3 12894
R2 12808
R1 12742
Avg 12656
S1 12590
S2 12504
S3 12438
Bank Nifty(May Fut)-Trading Strategy
H6 12829 Trgt 2
H5 12794 Trgt 1
H4 12759 Long breakout
H3 12717 Go Short
H2 12703
H1 12689
L1 12662
L2 12648
L3 12634 Long
L4 12592 Short Breakout
L5 12557 Trgt 1
L6 12522 Trgt 2
Pre-Closing Outlook(25-04-2013)
All trends are up and intraday volatility today and first 4 hours narrow range trading(5876-5909) broken down and broken out because of negative news flow and derivative closing today.
As technically no selling despite negative news flow today therefore rally continuation is expected.
As technically no selling despite negative news flow today therefore rally continuation is expected.
Mid-session Outlook-2(25-04-2013)
First more than 4 hours narrow range trading between 5876-5909 after gap up opening but that negative news flow also which may hamper Bullish markets therefore valid break out of this range should be watched for very short term trend confirmations.
Mid-session Outlook(25-04-2013)
Technically no selling today despite negative news flow and rally continuation. All Trends are up and now trading at near about higher levels of next strong resistances(5820-5965). Wave-5 is on for trading above 6110 and once crossing of mentioned resistance range will mean fast rally toward next resistance range(6050-6110)
Post-open Outlook(25-04-2013)
As good supports at lower levels in both previous sessions with Bullish pattern formations on 23-04-2013 also therefore rally continuation expectation was updated on 24-04-2013 in Technical Analysis and Market Outlook(25-04-2013) and it was seen also through strong gap up opening today. Most negative news flows today and that has also been updated in previous Outlook therefore view is cautious. Confirmations are firstly required now through sustaining above 5844 and it should be firstly watched despite trading at much higher level at 5888 at this moment.
Pre-open Outlook(25-04-2013)
As following negative news flow also therefore next moves confirmations is firstly required today through valid break out of previous 2 sessions range(5790-5844):-
1- Border tension escalation with China.
2- JPC report on Coal scam
3- Parliament adjournment possibility on the the demand of Prime Minister resignation.
1- Border tension escalation with China.
2- JPC report on Coal scam
3- Parliament adjournment possibility on the the demand of Prime Minister resignation.
Technical Analysis and Market Outlook(25-04-2013)
Nifty-Intra Day Chart (Apr 22 and Apr 23,2013):-
Technical Patterns and Formations in last 2 Sessions intraday charts
1- Selling between 5820-5833 on 22-04-2013
2- Support between 5795-5810 in both sessions.
3- Bearish Rising Wedge formations in last hour on 22-04-2013
4- Bullish Falling channel formations on 23-04-2013
5- 2 Sessions actual trading between 5790-5844.
Although some higher levels selling and Bearish Rising Wedge formations on 22-04-2013 but good supports at lower levels in both sessions and Bullish Falling channel formations on 23-04-2013 also therefore no threat to on going up trend and rally continuation is expected in the coming session.
Just click on chart for its enlarged view |
1- Selling between 5820-5833 on 22-04-2013
2- Support between 5795-5810 in both sessions.
3- Bearish Rising Wedge formations in last hour on 22-04-2013
4- Bullish Falling channel formations on 23-04-2013
5- 2 Sessions actual trading between 5790-5844.
Conclusions from 2 Sessions intra day chart analysis
Although some higher levels selling and Bearish Rising Wedge formations on 22-04-2013 but good supports at lower levels in both sessions and Bullish Falling channel formations on 23-04-2013 also therefore no threat to on going up trend and rally continuation is expected in the coming session.
FII & DII trading activity in Capital Market Segment on 23-Apr-2013
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Indian Stock Markets Closing Reports(23-Apr-2013)
Main features of today trading are as follows
Ratios
Index Options Put Call Ratio: 1.31
Total Options Put Call Ratio: 1.23
Nifty P/E Ratio(23-Apr-2013): 17.42
Advances & Declines
BSE Advances : 1,124
BSE Declines : 1,238
NSE Advances : 648
NSE Declines : 675
Nifty Open Interest Changed Today
Nifty- 5600 CE(Apr)- -597,600(-27.47%)
Nifty- 5600 PE(Apr)- -1,043,600(-10.72%)
Nifty- 5700 CE(Apr)- -561,600(-19.31%)
Nifty- 5700 PE(Apr)- 166,500(2.33%)
Nifty- 5800 CE(Apr)- -882,750(-14.08%)
Nifty- 5800 PE(Apr)- 510,650(9.03%)
Nifty- 5900 CE(Apr)- 383,450(5.00%)
Nifty- 5900 PE(Apr)- 334,550(27.81%)
Closing
Sensex- closed at 19,179.36(9.53 Points & 0.05%)
Nifty- closed at 5,836.90(2.50 Points & 0.04%)
CNX Midcap - closed at 7,734.55(-30.25 Points & -0.39%)
CNX Smallcap- closed at 3,251.05(6.90 Points & 0.21%)
Nifty Spot-Levels & Trading Strategy for 25-04-2013
Nifty Spot-Levels
R3 5909
R2 5876
R1 5856
Avg 5823
S1 5803
S2 5770
S3 5750
Nifty Spot-Trading Strategy
H6 5889 Trgt 2
H5 5877 Trgt 1
H4 5865 Long breakout
H3 5850 Go Short
H2 5845
H1 5840
L1 5831
L2 5826
L3 5821 Long
L4 5806 Short Breakout
L5 5794 Trgt 1
L6 5782 Trgt 2
R3 5909
R2 5876
R1 5856
Avg 5823
S1 5803
S2 5770
S3 5750
Nifty Spot-Trading Strategy
H6 5889 Trgt 2
H5 5877 Trgt 1
H4 5865 Long breakout
H3 5850 Go Short
H2 5845
H1 5840
L1 5831
L2 5826
L3 5821 Long
L4 5806 Short Breakout
L5 5794 Trgt 1
L6 5782 Trgt 2
Nifty(Apr Fut)-Levels & Trading Strategy for 25-04-2013
Nifty(Apr Fut)-Levels
R3 5922
R2 5887
R1 5865
Avg 5830
S1 5808
S2 5773
S3 5751
Nifty(Apr Fut)-Trading Strategy
H6 5900 Trgt 2
H5 5887 Trgt 1
H4 5874 Long breakout
H3 5858 Go Short
H2 5853
H1 5848
L1 5837
L2 5832
L3 5827 Long
L4 5811 Short Breakout
L5 5798 Trgt 1
L6 5785 Trgt 2
R3 5922
R2 5887
R1 5865
Avg 5830
S1 5808
S2 5773
S3 5751
Nifty(Apr Fut)-Trading Strategy
H6 5900 Trgt 2
H5 5887 Trgt 1
H4 5874 Long breakout
H3 5858 Go Short
H2 5853
H1 5848
L1 5837
L2 5832
L3 5827 Long
L4 5811 Short Breakout
L5 5798 Trgt 1
L6 5785 Trgt 2
Bank Nifty(Apr Fut)-Levels & Trading Strategy for 25-04-2013
Bank Nifty(Apr Fut)-Levels
R3 12940
R2 12779
R1 12666
Avg 12505
S1 12392
S2 12231
S3 12118
Bank Nifty(Apr Fut)-Trading Strategy
H6 12831 Trgt 2
H5 12767 Trgt 1
H4 12703 Long breakout
H3 12628 Go Short
H2 12603
H1 12578
L1 12527
L2 12502
L3 12477 Long
L4 12402 Short Breakout
L5 12338 Trgt 1
L6 12274 Trgt 2
R3 12940
R2 12779
R1 12666
Avg 12505
S1 12392
S2 12231
S3 12118
Bank Nifty(Apr Fut)-Trading Strategy
H6 12831 Trgt 2
H5 12767 Trgt 1
H4 12703 Long breakout
H3 12628 Go Short
H2 12603
H1 12578
L1 12527
L2 12502
L3 12477 Long
L4 12402 Short Breakout
L5 12338 Trgt 1
L6 12274 Trgt 2
Mid-session Outlook(23-04-2013)
Valid break out requirement of yesterday trading range for next short term trend confirmation was told in all 3 previous Outlooks of today and yesterday and Nifty traded within yesterday trading range since opening today.
All trends are up and very Short Term Trend is at stake after higher levels selling yesterday but today lower levels supports with intraday consolidation patterns indications therefore previous week rally continuation expectations are still alive after very Short Term correction completion within narrow range moves between yesterday trading range(5790-5844)
Expected that Nifty will prepare for next decisive moves within yesterday trading range(5790-5844) and its valid break out should be firstly watched for next Short Term Trend confirmations.
All trends are up and very Short Term Trend is at stake after higher levels selling yesterday but today lower levels supports with intraday consolidation patterns indications therefore previous week rally continuation expectations are still alive after very Short Term correction completion within narrow range moves between yesterday trading range(5790-5844)
Expected that Nifty will prepare for next decisive moves within yesterday trading range(5790-5844) and its valid break out should be firstly watched for next Short Term Trend confirmations.
Technical Analysis and Market Outlook(23-04-2013)
Nifty-Intra Day Chart (22-Apr-2013):-
Technical Patterns and Formations in today intraday charts
1- Selling between 5820-5833.
2- Support between 5795-5810.
3- Bearish Rising Wedge formations in last hour.
4- Whole day actual trading between 5795-5844.
All Trends are up,next strong resistances are between 5820-5965 and yesterday whole day trading at lower levels of this range with lower levels supports and higher levels selling with Bearish Rising Wedge formations in last hour therefore follow up consolidation is must for further up moves and follow up selling today will mean Short Term correction after valid breaking down of yesterday lowest(5795).
Pre-open Outlook(23-04-2013)
Although US markets closed positive with minor gains but Asian markets are in Red today morning therefore sentiment is mixed and trading is expected within yesterday trading range after flat to negative opening today. Follow up moves and valid break out of yesterday actual trading range(5795-5844) should be firstly watched for next very short term moves confirmations.
Just click on chart for its enlarged view |
1- Selling between 5820-5833.
2- Support between 5795-5810.
3- Bearish Rising Wedge formations in last hour.
4- Whole day actual trading between 5795-5844.
Conclusions from intra day chart analysis
All Trends are up,next strong resistances are between 5820-5965 and yesterday whole day trading at lower levels of this range with lower levels supports and higher levels selling with Bearish Rising Wedge formations in last hour therefore follow up consolidation is must for further up moves and follow up selling today will mean Short Term correction after valid breaking down of yesterday lowest(5795).
Pre-open Outlook(23-04-2013)
Although US markets closed positive with minor gains but Asian markets are in Red today morning therefore sentiment is mixed and trading is expected within yesterday trading range after flat to negative opening today. Follow up moves and valid break out of yesterday actual trading range(5795-5844) should be firstly watched for next very short term moves confirmations.
FII & DII trading activity in Capital Market Segment on 22-Apr-2013
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Indian Stock Markets Closing Reports(22-Apr-2013)
Main features of today trading are as follows
Ratios
Index Options Put Call Ratio:1.26
Total Options Put Call Ratio:1.19
Nifty P/E Ratio(22-Apr-2013):17.42
Advances & Declines
BSE Advances : 1,383
BSE Declines : 1,013
NSE Advances : 851
NSE Declines : 477
Nifty Open Interest Changed Today
Nifty- 5600 CE(Apr)- -732,400(-25.19%)
Nifty- 5600 PE(Apr)- -1,338,700(-12.09%)
Nifty- 5700 CE(Apr)- -1,546,200(-34.71%)
Nifty- 5700 PE(Apr)- -261,050(-3.52%)
Nifty- 5800 CE(Apr)- -1,589,950(-20.23%)
Nifty- 5800 PE(Apr)- 1,917,500(51.30%)
Nifty- 5900 CE(Apr)- 532,350(7.47%)
Nifty- 5900 PE(Apr)- 578,500(92.63%)
Closing
Sensex- closed at 19,169.83(153.37 Points & 0.81%)
Nifty- closed at 5,834.40(51.30 Points & 0.89%)
CNX Midcap - closed at 7,764.80(140.70 Points & 1.85%)
CNX Smallcap- closed at 3,244.15(36.35 Points & 1.13%)
Nifty Spot-Levels & Trading Strategy for 23-04-2013
Nifty Spot-Levels
R3 5910
R2 5877
R1 5855
Avg 5822
S1 5800
S2 5767
S3 5745
Nifty Spot-Trading Strategy
H6 5889 Trgt 2
H5 5876 Trgt 1
H4 5864 Long breakout
H3 5849 Go Short
H2 5844
H1 5839
L1 5828
L2 5823
L3 5818 Long
L4 5803 Short Breakout
L5 5791 Trgt 1
L6 5778 Trgt 2
R3 5910
R2 5877
R1 5855
Avg 5822
S1 5800
S2 5767
S3 5745
Nifty Spot-Trading Strategy
H6 5889 Trgt 2
H5 5876 Trgt 1
H4 5864 Long breakout
H3 5849 Go Short
H2 5844
H1 5839
L1 5828
L2 5823
L3 5818 Long
L4 5803 Short Breakout
L5 5791 Trgt 1
L6 5778 Trgt 2
Nifty(Apr Fut)-Levels & Trading Strategy for 23-04-2013
Nifty(Apr Fut)-Levels
R3 5905
R2 5874
R1 5853
Avg 5822
S1 5801
S2 5770
S3 5749
Nifty(Apr Fut)-Trading Strategy
H6 5884 Trgt 2
H5 5872 Trgt 1
H4 5860 Long breakout
H3 5846 Go Short
H2 5841
H1 5836
L1 5827
L2 5822
L3 5817 Long
L4 5803 Short Breakout
L5 5791 Trgt 1
L6 5779 Trgt 2
R3 5905
R2 5874
R1 5853
Avg 5822
S1 5801
S2 5770
S3 5749
Nifty(Apr Fut)-Trading Strategy
H6 5884 Trgt 2
H5 5872 Trgt 1
H4 5860 Long breakout
H3 5846 Go Short
H2 5841
H1 5836
L1 5827
L2 5822
L3 5817 Long
L4 5803 Short Breakout
L5 5791 Trgt 1
L6 5779 Trgt 2
Bank Nifty(Apr Fut)-Levels & Trading Strategy for 23-04-2013
Bank Nifty(Apr Fut)-Levels
R3 13064
R2 12857
R1 12712
Avg 12505
S1 12360
S2 12153
S3 12008
Bank Nifty(Apr Fut)-Trading Strategy
H6 12926 Trgt 2
H5 12843 Trgt 1
H4 12760 Long breakout
H3 12663 Go Short
H2 12631
H1 12599
L1 12534
L2 12502
L3 12470 Long
L4 12373 Short Breakout
L5 12290 Trgt 1
L6 12207 Trgt 2
R3 13064
R2 12857
R1 12712
Avg 12505
S1 12360
S2 12153
S3 12008
Bank Nifty(Apr Fut)-Trading Strategy
H6 12926 Trgt 2
H5 12843 Trgt 1
H4 12760 Long breakout
H3 12663 Go Short
H2 12631
H1 12599
L1 12534
L2 12502
L3 12470 Long
L4 12373 Short Breakout
L5 12290 Trgt 1
L6 12207 Trgt 2
Pre-Closing Outlook(22-04-2013)
Next strong resistances are between 5820-5965 and today whole day trading is at lower levels of this range with higher levels selling and lower levels buying therefore follow up moves and valid break out of today trading range(5790-5833) should be firstly watched for next very short term moves confirmations.
Mid-session Outlook-2(22-04-2013)
Firstly lower levels supports but selling development also at higher levels in last 1 hour therefore firstly valid break out of today trading range(5790-5833) should be watched for next very short term moves confirmations.
Mid-session Outlook(22-04-2013)
Indian markets are quiet today after previous week strong rally and preparing for up moves with consolidation patterns formations amid heated sentiments.
Wave 5 confirmations for new top of rally above 6111.80
Technical Analysis,Research & Weekly Outlook
(Apr 22 to Apr 26,2013)
Nifty-EOD Chart (18-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- Impulsive Wave 3 continuation
5- Wave i(5348.55 on 10-07-2012)
6- Wave ii(5032.40 on 26-07-2012)
7- Wave iii(5815.35 on 05-10-2012)
8- Wave iv(5548.35 on 20-11-2012)
9- Impulsive Wave v of Wave 3 completion at 6111.80 on 29-01-2013
10- Corrective Wave 4 continuation
11- Wave A(5663.60 on 04-03-2012)
12- Wave B(5971.20 on 11-03-2012)
13- Corrective Wave C of Wave 4 completion at 5477.20 on 10-04-2013
14- Impulsive Wave 5 continuation
15- 200 Day EMA and DMA at 5665 on 18-04-2012
Conclusions from EOD chart analysis
Following crucial levels were broken down during Corrective Wave 4 continuation:-
1- 5629.95(Top of Wave 1)
2- Long Term Trend decider 200 Day EMA
3- Long Term Trend decider 200 Day DMA
4- 5548.35(Strong support broken down)
As Nifty slipped below 5629.95(Top of Wave 1) therefore whole waves structure came in question and waves recounting was to be done. In fact whole this exercise had become beyond any calculation and understanding but even after that Pull Back Rally possibility was told on 14-04-2013 in Technical Analysis,Research & Weekly Outlook(Apr 15 to Apr 18,2013)
"FIIs bought more than 3200 Cr in Stock Futures during April 2013 and lower levels supports were also seen in last 7 sessions as well as Indicators are showing positive divergence in Oversold zone therefore Pull Back Rally possibility turned alive and valid break out of previous 7 sessions trading range(5478-5610) should be firstly watched in next week for next Short Term Trend confirmations"
Previous week was real savior of Waves structure through sustaining above 5629.95 and turning all trends up through sustaining above both Long Term Trend decider 200 Day EMA and DMA as well as Impulsive Wave 5 continuation confirmations after completion of Wave 4 correction.
Wave 5 formation means rally towards next target above the top of rally((6111.80) and also the possibility new all time high formation above 6357.10. Minor very Short Term corrections can not be ruled out any day in next week because sentiment may turn heated but finally Wave 5 rally will remain continued.
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