ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
FII & DII trading activity in Capital Market Segment on 28-Jun-2013
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Indian Stock Markets Closing Reports(28-Jun-2013)
Main features of today trading are as follows
RatiosIndex Options Put Call Ratio: 1.06
Total Options Put Call Ratio: 1.01
Nifty P/E Ratio(28-Jun-2013): 17.40
Advances & Declines
BSE Advances : 1,543
BSE Declines : 853
NSE Advances : 1,023
NSE Declines : 382
Nifty Open Interest Changed Today
Nifty- 5700 CE(Jul)- -335,900(-11.75%)
Nifty- 5700 PE(Jul)- 1,646,400(52.41%)
Nifty- 5800 CE(Jul)- -96,550(-2.62%)
Nifty- 5800 PE(Jul)- 1,683,850(99.10%)
Nifty- 5900 CE(Jul)- 773,950(23.61%)
Nifty- 5900 PE(Jul)- 377,750(32.03%)
Nifty- 6000 CE(Jul)- 1,001,950(30.76%)
Nifty- 6000 PE(Jul)- 42,300(2.86%)
Closing
Sensex- closed at 19,395.81(519.86 Points & 2.75%)
Nifty- closed at 5,842.20(159.85 Points & 2.81%)
CNX Midcap - closed at 7,342.40(204.15 Points & 2.86%)
CNX Smallcap- closed at 2,906.85(75.95 Points & 2.68%)
Nifty Spot-Levels & Trading Strategy for 01-07-2013
Nifty Spot-Levels
R3 5982
R2 5917
R1 5879
Avg 5814
S1 5776
S2 5711
S3 5673
Nifty Spot-Trading Strategy
H6 5946 Trgt 2
H5 5922 Trgt 1
H4 5898 Long breakout
H3 5870 Go Short
H2 5860
H1 5851
L1 5832
L2 5823
L3 5813 Long
L4 5785 Short Breakout
L5 5761 Trgt 1
L6 5737 Trgt 2
R3 5982
R2 5917
R1 5879
Avg 5814
S1 5776
S2 5711
S3 5673
Nifty Spot-Trading Strategy
H6 5946 Trgt 2
H5 5922 Trgt 1
H4 5898 Long breakout
H3 5870 Go Short
H2 5860
H1 5851
L1 5832
L2 5823
L3 5813 Long
L4 5785 Short Breakout
L5 5761 Trgt 1
L6 5737 Trgt 2
Nifty(Jul Fut)-Levels & Trading Strategy for 01-07-2013
Nifty(Jul Fut)-Levels
R3 5966
R2 5909
R1 5875
Avg 5818
S1 5784
S2 5727
S3 5693
Nifty(Jul Fut)-Trading Strategy
H6 5933 Trgt 2
H5 5912 Trgt 1
H4 5891 Long breakout
H3 5866 Go Short
H2 5857
H1 5849
L1 5832
L2 5824
L3 5815 Long
L4 5790 Short Breakout
L5 5769 Trgt 1
L6 5748 Trgt 2
R3 5966
R2 5909
R1 5875
Avg 5818
S1 5784
S2 5727
S3 5693
Nifty(Jul Fut)-Trading Strategy
H6 5933 Trgt 2
H5 5912 Trgt 1
H4 5891 Long breakout
H3 5866 Go Short
H2 5857
H1 5849
L1 5832
L2 5824
L3 5815 Long
L4 5790 Short Breakout
L5 5769 Trgt 1
L6 5748 Trgt 2
Bank Nifty(Jul Fut)-Levels & Trading Strategy for 01-07-2013
Bank Nifty(Jul Fut)-Levels
R3 12049
R2 11859
R1 11750
Avg 11560
S1 11451
S2 11261
S3 11152
Bank Nifty(Jul Fut)-Trading Strategy
H6 11947 Trgt 2
H5 11876 Trgt 1
H4 11805 Long breakout
H3 11723 Go Short
H2 11695
H1 11668
L1 11613
L2 11586
L3 11558 Long
L4 11476 Short Breakout
L5 11405 Trgt 1
L6 11334 Trgt 2
R3 12049
R2 11859
R1 11750
Avg 11560
S1 11451
S2 11261
S3 11152
Bank Nifty(Jul Fut)-Trading Strategy
H6 11947 Trgt 2
H5 11876 Trgt 1
H4 11805 Long breakout
H3 11723 Go Short
H2 11695
H1 11668
L1 11613
L2 11586
L3 11558 Long
L4 11476 Short Breakout
L5 11405 Trgt 1
L6 11334 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Jul 01 to Jul 05,2013)
Nifty Spot-Weekly Levels
R3 6226
R2 6039
R1 5940
Avg 5753
S1 5654
S2 5467
S3 5368
Nifty Spot-Weekly Trading Strategy
H6 6142 Trgt 2
H5 6070 Trgt 1
H4 5999 Long breakout
H3 5920 Go Short
H2 5894
H1 5868
L1 5815
L2 5789
L3 5763 Long
L4 5684 Short Breakout
L5 5613 Trgt 1
L6 5541 Trgt 2
R3 6226
R2 6039
R1 5940
Avg 5753
S1 5654
S2 5467
S3 5368
Nifty Spot-Weekly Trading Strategy
H6 6142 Trgt 2
H5 6070 Trgt 1
H4 5999 Long breakout
H3 5920 Go Short
H2 5894
H1 5868
L1 5815
L2 5789
L3 5763 Long
L4 5684 Short Breakout
L5 5613 Trgt 1
L6 5541 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Jul 01 to Jul 05,2013)
Bank Nifty Spot-Weekly Levels
R3 12456
R2 12055
R1 11836
Avg 11435
S1 11216
S2 10815
S3 10596
Bank Nifty Spot-Weekly Trading Strategy
H6 12269 Trgt 2
H5 12113 Trgt 1
H4 11958 Long breakout
H3 11787 Go Short
H2 11730
H1 11673
L1 11560
L2 11503
L3 11446 Long
L4 11276 Short Breakout
L5 11120 Trgt 1
L6 10964 Trgt 2
R3 12456
R2 12055
R1 11836
Avg 11435
S1 11216
S2 10815
S3 10596
Bank Nifty Spot-Weekly Trading Strategy
H6 12269 Trgt 2
H5 12113 Trgt 1
H4 11958 Long breakout
H3 11787 Go Short
H2 11730
H1 11673
L1 11560
L2 11503
L3 11446 Long
L4 11276 Short Breakout
L5 11120 Trgt 1
L6 10964 Trgt 2
Pre-Closing Outlook(28-06-2013)
Nifty trade whole day today above Long Term Trend decider 200-Day EMA(5760) and now traded above next resistance range(5820-5852),sustaining above 5852 will be firstly watched in next week for Long Term Trend turning up confirmation.
Mid-session Outlook-2(28-06-2013)
Nifty is trading above 5800,next trend confirmation levels below and above it are as follows:-
1- Next resistances are between 5820-5852(above it will be rally and Long Term Trend turning up confirmations
2- 200-Day EMA is at 5760(sustaining below it will mean more down moves after Pull Back rally termination.
1- Next resistances are between 5820-5852(above it will be rally and Long Term Trend turning up confirmations
2- 200-Day EMA is at 5760(sustaining below it will mean more down moves after Pull Back rally termination.
Now sustaining beyond 5820-5852 should be watched.
Mid-session Outlook(28-06-2013)
As Global Bullish markets and CCEA approval of gas price hike yesterday therefore strong Indian markets today but price hike decision will be implemented from April 1, 2014. It should be kept in mind that this decision may be reverted also if 3rd front come into power after next General Elections because Communists are opposing it. Only news reaction and Benchmark Indices are more than 1.85% up today,let markets turn quiet and start to trade on technicals then actual trend will be understood because Long Term Trend decider 200-Day EMA is at stake.
Post-open Outlook(28-06-2013)
Nifty slipped below Long Term Trend decider 200-Day EMA after big gap down on 20-06-2013 after Fed Chairman Ben Bernanke announcement that U.S. central bank would slow its bond-buying programme but surprisingly all Global and Indian markets blasted after weaker growth data in US as well as Nifty is trading above 200-Day EMA today. Completely news based highly volatile all Global financial markets but that extreme reaction which is most confusing because we could not understand that how Fed Chairman Ben Bernanke may be so wrong that he will revert his Bond buying decision within 1 week only after 1 weaker weaker growth data.
Either global financial markets manipulation or something else but it is true that Long Term Trend decider 200-Day EMA(5760) has been tested today and Nifty is hovering it around. News based high volatility and firstly sustaining beyond 200-Day EMA(5760) should be watched in the coming sessions and then next trend view should be formed accordingly.
Either global financial markets manipulation or something else but it is true that Long Term Trend decider 200-Day EMA(5760) has been tested today and Nifty is hovering it around. News based high volatility and firstly sustaining beyond 200-Day EMA(5760) should be watched in the coming sessions and then next trend view should be formed accordingly.
Technical Analysis and Market Outlook(28-06-2013)
Last 30 hours Global markets were on that news based which was originally bad news(U.S. said quarterly growth may be weaker than expected) but expectation emerged that QE-3 will remain continued and U.S. central bank will not slow its bond-buying programme and resultant all the Global markets blasted. All the Global Financial markets crashed on 20-06-2013 after Fed Chairman Ben Bernanke announcement that the U.S. central bank would slow its bond-buying programme if the U.S. economy continues to strengthen.
It is beyond understanding that why Fed Chairman Ben Bernanke could not understand and within one week U.S. economy growth turned weak and how he will not be able to slow bond-buying programme as well as reverse his decision within one week. We don't know the fact and why such illogical things are coming from USA but resultant all Global markets are showing violent volatility on such highly confusing US announcements and assessments.
Markets are only news based now a days and US markets were almost 1% up today after yesterday good gains and European markets also closed strong today after yesterday good gains. Indian Rupee was also highly volatile in last 2 sessions therefore it will better to wait for 1/2 sessions and let market free from all these uncertain news flow then final view will be formed according to conclusive technical positions formations.
It is beyond understanding that why Fed Chairman Ben Bernanke could not understand and within one week U.S. economy growth turned weak and how he will not be able to slow bond-buying programme as well as reverse his decision within one week. We don't know the fact and why such illogical things are coming from USA but resultant all Global markets are showing violent volatility on such highly confusing US announcements and assessments.
Markets are only news based now a days and US markets were almost 1% up today after yesterday good gains and European markets also closed strong today after yesterday good gains. Indian Rupee was also highly volatile in last 2 sessions therefore it will better to wait for 1/2 sessions and let market free from all these uncertain news flow then final view will be formed according to conclusive technical positions formations.
FII & DII trading activity in Capital Market Segment on 27-Jun-2013
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Nifty Spot-Levels & Trading Strategy for 28-06-2013
Nifty Spot-Levels
R3 5779
R2 5739
R1 5710
Avg 5670
S1 5641
S2 5601
S3 5572
Nifty Spot-Trading Strategy
H6 5751 Trgt 2
H5 5735 Trgt 1
H4 5719 Long breakout
H3 5700 Go Short
H2 5694
H1 5688
L1 5675
L2 5669
L3 5663 Long
L4 5644 Short Breakout
L5 5628 Trgt 1
L6 5612 Trgt 2
R3 5779
R2 5739
R1 5710
Avg 5670
S1 5641
S2 5601
S3 5572
Nifty Spot-Trading Strategy
H6 5751 Trgt 2
H5 5735 Trgt 1
H4 5719 Long breakout
H3 5700 Go Short
H2 5694
H1 5688
L1 5675
L2 5669
L3 5663 Long
L4 5644 Short Breakout
L5 5628 Trgt 1
L6 5612 Trgt 2
Nifty(Jul Fut)-Levels & Trading Strategy for 28-06-2013
Nifty(Jul Fut)-Levels
R3 5789
R2 5745
R1 5714
Avg 5670
S1 5639
S2 5595
S3 5564
Nifty(Jul Fut)-Trading Strategy
H6 5758 Trgt 2
H5 5741 Trgt 1
H4 5724 Long breakout
H3 5703 Go Short
H2 5696
H1 5689
L1 5676
L2 5669
L3 5662 Long
L4 5641 Short Breakout
L5 5624 Trgt 1
L6 5607 Trgt 2
R3 5789
R2 5745
R1 5714
Avg 5670
S1 5639
S2 5595
S3 5564
Nifty(Jul Fut)-Trading Strategy
H6 5758 Trgt 2
H5 5741 Trgt 1
H4 5724 Long breakout
H3 5703 Go Short
H2 5696
H1 5689
L1 5676
L2 5669
L3 5662 Long
L4 5641 Short Breakout
L5 5624 Trgt 1
L6 5607 Trgt 2
Bank Nifty(Jul Fut)-Levels & Trading Strategy for 28-06-2013
Bank Nifty(Jul Fut)-Levels
R3 11402
R2 11338
R1 11286
Avg 11222
S1 11170
S2 11106
S3 11054
Bank Nifty(Jul Fut)-Trading Strategy
H6 11350 Trgt 2
H5 11324 Trgt 1
H4 11297 Long breakout
H3 11265 Go Short
H2 11255
H1 11244
L1 11223
L2 11212
L3 11202 Long
L4 11170 Short Breakout
L5 11143 Trgt 1
L6 11117 Trgt 2
R3 11402
R2 11338
R1 11286
Avg 11222
S1 11170
S2 11106
S3 11054
Bank Nifty(Jul Fut)-Trading Strategy
H6 11350 Trgt 2
H5 11324 Trgt 1
H4 11297 Long breakout
H3 11265 Go Short
H2 11255
H1 11244
L1 11223
L2 11212
L3 11202 Long
L4 11170 Short Breakout
L5 11143 Trgt 1
L6 11117 Trgt 2
Bad news is good news?
All the global markets blasted after the U.S. said quarterly growth may be weaker than expected, raising investors’ hopes that the Federal Reserve would delay plans to wind down its stimulus program. While news of the weakness in the world’s biggest economy was disappointing, it was also positive for investors, who were rattled last week after Fed Chairman Ben Bernanke said the U.S. central bank would slow its bond-buying program if the U.S. economy continues to strengthen.
As higher levels good selling therefore complete weakness was expected today but such strong Global markets positive reaction on that bad news was not imagined which crashed all Global Finanancial markets on 20-06-2013
Pre-Closing Outlook(27-06-2013)
As good selling yesterday therefore too much down was expected today but all the Global markets jumped and and Indian Rupee also turned almost 1% strong therefore Indian markets shoot up. I would say that certainly market deceived today.
Pre-open Outlook(27-06-2013)
US Futures are positive today after almost 1% gains yesterday and almost all the Asian markets are trading with good gains as well as SGX Nifty is also trading more than 1% up at this moment but expected that finally Indian markets will not sustain at higher levels and Nifty will test next supports near about 5520 today.
Correction Continuation
Nifty-Intra Day Chart (26-Jun-2013):- |
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1- Selling between 5603-5630
2- Sharp fall after more than 5 hours selling.
3- Whole day actual trading between 5580-5635
Conclusions from intra day chart analysis
Although Dow's Futures was trading more than 50 points up and European markets were trading with good gains but we were not Bullish because intraday charts were showing mixed patterns therefore we told following lines at 12:56:00 PM in Mid-session Outlook(26-06-2013):-
More than 2 hours trading between 5603-5625 with mixed intraday patterns therefore firstly valid break out of today trading range should be watched for next very short term trend confirmation.
As busy therefore could not update in next Outlooks but as soon as we got confirmation that intraday charts have completed selling patterns then following Put Option buying call was sent to paid clients at 02:53 PM when Nifty was trading near about 5610:-
NIFTY-Jun PE(5600)-Buy-Positional-SL-9-TGT-55-CMP-26
As we always talk with those proofs which no one can deny therefore live proofs of our Put Option buying call are being updated. We always send all trades through 2 websites therefore SMS sent pictures are as follows:-
1st Website- NIFTY-Jun Put Option(5600)-Buying messages SMS pictures is as follows:-
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| Just click on picture for its enlarged view |
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| Just click on picture for its enlarged view |
1- Firstly click on above SMS picture and enlarge it.
2- Save picture on yours desktop.
3- Open and again enlarge the picture in Windows Picture Viewer.
Only 2 following information are deleted in above Picture due to official secrecy rules:-
1- Numbers of sent SMS.
2- SMS sending Website name.
Although Dow Jones is trading 142 points up at this moment but good selling at higher levels yesterday and in previous sessions therefore opening tomorrow opening can not be told but expected that Nifty will test next supports near about 5520 and possibility of closing also near it about.
FII & DII trading activity in Capital Market Segment on 26-Jun-2013
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Nifty Spot-Levels & Trading Strategy for 27-06-2013
Nifty Spot-Levels
R3 5678
R2 5656
R1 5622
Avg 5600
S1 5566
S2 5544
S3 5510
Nifty Spot-Trading Strategy
H6 5644 Trgt 2
H5 5631 Trgt 1
H4 5618 Long breakout
H3 5603 Go Short
H2 5598
H1 5593
L1 5582
L2 5577
L3 5572 Long
L4 5557 Short Breakout
L5 5544 Trgt 1
L6 5531 Trgt 2
R3 5678
R2 5656
R1 5622
Avg 5600
S1 5566
S2 5544
S3 5510
Nifty Spot-Trading Strategy
H6 5644 Trgt 2
H5 5631 Trgt 1
H4 5618 Long breakout
H3 5603 Go Short
H2 5598
H1 5593
L1 5582
L2 5577
L3 5572 Long
L4 5557 Short Breakout
L5 5544 Trgt 1
L6 5531 Trgt 2
Nifty(Jun Fut)-Levels & Trading Strategy for 27-06-2013
Nifty(Jun Fut)-Levels
R3 5676
R2 5653
R1 5617
Avg 5594
S1 5558
S2 5535
S3 5499
Nifty(Jun Fut)-Trading Strategy
H6 5640 Trgt 2
H5 5626 Trgt 1
H4 5613 Long breakout
H3 5597 Go Short
H2 5591
H1 5586
L1 5575
L2 5570
L3 5564 Long
L4 5548 Short Breakout
L5 5535 Trgt 1
L6 5521 Trgt 2
R3 5676
R2 5653
R1 5617
Avg 5594
S1 5558
S2 5535
S3 5499
Nifty(Jun Fut)-Trading Strategy
H6 5640 Trgt 2
H5 5626 Trgt 1
H4 5613 Long breakout
H3 5597 Go Short
H2 5591
H1 5586
L1 5575
L2 5570
L3 5564 Long
L4 5548 Short Breakout
L5 5535 Trgt 1
L6 5521 Trgt 2
Bank Nifty(Jun Fut)-Levels & Trading Strategy for 27-06-2013
Bank Nifty(Jun Fut)-Levels
R3 11426
R2 11342
R1 11208
Avg 11124
S1 10990
S2 10906
S3 10772
Bank Nifty(Jun Fut)-Trading Strategy
H6 11292 Trgt 2
H5 11243 Trgt 1
H4 11193 Long breakout
H3 11133 Go Short
H2 11113
H1 11093
L1 11054
L2 11034
L3 11014 Long
L4 10954 Short Breakout
L5 10904 Trgt 1
L6 10855 Trgt 2
R3 11426
R2 11342
R1 11208
Avg 11124
S1 10990
S2 10906
S3 10772
Bank Nifty(Jun Fut)-Trading Strategy
H6 11292 Trgt 2
H5 11243 Trgt 1
H4 11193 Long breakout
H3 11133 Go Short
H2 11113
H1 11093
L1 11054
L2 11034
L3 11014 Long
L4 10954 Short Breakout
L5 10904 Trgt 1
L6 10855 Trgt 2
Mid-session Outlook(26-06-2013)
More than 2 hours trading between 5603-5625 with mixed intraday patterns therefore firstly valid break out of today trading range should be watched for next very short term trend confirmation.
Post-open Outlook(26-06-2013)
Following lines were told yesterday in Post-open Outlook-2
"Market require more preparation for next decisive moves and it will be firstly done within yesterday trading range(5568-5735) therefore firstly its valid break out should be watched today for next Short Term Trend confirmation"
Some up moves after positive opening today but follow up selling seen at higher levels yesterday therefore finally down moves are expected after some more selling today. As lower levels buying seen in last 2 sessions therefore follow up more selling is firstly require today for decisive down moves below 5568.
"Market require more preparation for next decisive moves and it will be firstly done within yesterday trading range(5568-5735) therefore firstly its valid break out should be watched today for next Short Term Trend confirmation"
Some up moves after positive opening today but follow up selling seen at higher levels yesterday therefore finally down moves are expected after some more selling today. As lower levels buying seen in last 2 sessions therefore follow up more selling is firstly require today for decisive down moves below 5568.
Pre-Closing Outlook(25-06-2013)
When Indian markets were trading near the higher levels of the day then I told following lines in previous Outlook:-
1- it may be intraday volatility or short covering rally
2- lot of more confirmations are required for trend reversal.
3- Strong resistances are between 5685-5705 and until Nifty will not sustain above 5705 till then trend reversal will not be considered.
Long Term Trend is down and our market is in Bear phase and such type of volatility will be seen because selling markets always remain highly volatile. Correction is on but intraday volatility may be high again in the coming sessions if US markets will close with good gains today,it should be firstly watched tomorrow because US Futures are trading strong at this moment.
1- it may be intraday volatility or short covering rally
2- lot of more confirmations are required for trend reversal.
3- Strong resistances are between 5685-5705 and until Nifty will not sustain above 5705 till then trend reversal will not be considered.
Long Term Trend is down and our market is in Bear phase and such type of volatility will be seen because selling markets always remain highly volatile. Correction is on but intraday volatility may be high again in the coming sessions if US markets will close with good gains today,it should be firstly watched tomorrow because US Futures are trading strong at this moment.
Mid-session Outlook(25-06-2013)
Although Shanghai Composite was almost 4% down and all other Asian markets were also weak but we were not Bearish today and told following line at 10:18 AM in Post-open Outlook-2(25-06-2013):-
As was perceived and bounce back possibility was also told in previous Outlooks,exactly same happened and Nifty recovered 87 points from lower levels. Some intraday supports at lower levels today and sharp up moves seen but it may be intraday volatility or short covering rally therefore lot of more confirmations are required for trend reversal.
Strong resistances are between 5685-5705 and until Nifty will not sustain above 5705 till then trend reversal will not be considered. Now trading range has turned broader(5569-5705) and expected that Nifty will firstly prepare for next moves within this range as well as sustaining beyond this range will give confirmations to next Intermediate Term Trend therefore should be firstly watched today and in the coming sessions.
it is first strong signal of strength
As was perceived and bounce back possibility was also told in previous Outlooks,exactly same happened and Nifty recovered 87 points from lower levels. Some intraday supports at lower levels today and sharp up moves seen but it may be intraday volatility or short covering rally therefore lot of more confirmations are required for trend reversal.
Strong resistances are between 5685-5705 and until Nifty will not sustain above 5705 till then trend reversal will not be considered. Now trading range has turned broader(5569-5705) and expected that Nifty will firstly prepare for next moves within this range as well as sustaining beyond this range will give confirmations to next Intermediate Term Trend therefore should be firstly watched today and in the coming sessions.
Post-open Outlook-2(25-06-2013)
Indian markets are again out performing Global markets today and almost flat despite all Asian markets in Red as well as some are deep down(Shanghai Composite is almost 4% down) and it is first strong signal of strength. Market require more preparation for next decisive moves and it will be firstly done within yesterday trading range(5568-5735) therefore firstly its valid break out should be watched today for next Short Trerm Trend confirmation.
Post-open Outlook(25-06-2013)
As Indian markets out performed Global markets yesterday therefore it was updated in all Mid-session Outlooks and Nifty traded sideways first 4 hours between 5603-5635 with lower levels supports and higher levels selling yesterday. Although Nifty slipped below 5603 but after sharp fall in all European markets and US Futures therefore it was sentiment driven down move and now Nifty is trading above 5603 immediately after little improvement of Global sentiment today.
As Indian markets out performed Global markets and got intraday supports above 5603 yesterday therefore firstly sustaining it beyond should be watched today and should be kept in mind that bounce back/Pull Back rally will be considered only after valid break out above 5635.
As Indian markets out performed Global markets and got intraday supports above 5603 yesterday therefore firstly sustaining it beyond should be watched today and should be kept in mind that bounce back/Pull Back rally will be considered only after valid break out above 5635.
Pre-open Outlook(25-06-2013)
Although deep Red US and European markets closing yesterday but Asian markets are flat to negative and sentiment is quiet today morning therefore Nifty will firstly trade between yesterday trading range(5568-5735). As yesterday down moves were due to sharp fall in all European markets and US Futures therefore if Global markets and sentiment improves today then fast up moves may be seen in Indian markets.
Some recovery from lower levels was seen yesterday therefore follow up moves and sustaining beyond yesterday lowest will be firstly watched today and bounce back/Pull Back rally will be considered now if intraday charts will show consolidations and lower levels supports today.
Some recovery from lower levels was seen yesterday therefore follow up moves and sustaining beyond yesterday lowest will be firstly watched today and bounce back/Pull Back rally will be considered now if intraday charts will show consolidations and lower levels supports today.
Technical Analysis and Market Outlook(25-06-2013)
Nifty-Intra Day Chart (24-Jun-2013):-
Technical Patterns and Formations in today intraday charts
1- Selling between 5617-5635
2- Consolidation and support between 5603-5612
3- First 4 hours sideways trading
4- Down moves after sharp fall in all European markets and US Futures.
5- Whole day actual trading between 5568-5735
First 4 hours sideways trading with higher levels selling and lower levels consolidation and support but lower levels broken down and down moves seen after sharp fall in all European markets and US Futures.
Correction is very much on and crashing Global markets as well as quake like situation in all Global Financial Markets therefore no relief for Bulls and following lines are being repeated which were told on 20-06-2013 in "Tsunami in Global Financial Markets"
Let thunder stop and allow market to complete its consolidation on daily charts then trend reversal will be seen but bounce back or Pull Back rally may be seen any time after some intraday consolidations and supports.
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| Just click on chart for its enlarged view |
1- Selling between 5617-5635
2- Consolidation and support between 5603-5612
3- First 4 hours sideways trading
4- Down moves after sharp fall in all European markets and US Futures.
5- Whole day actual trading between 5568-5735
Conclusions from intra day chart analysis
First 4 hours sideways trading with higher levels selling and lower levels consolidation and support but lower levels broken down and down moves seen after sharp fall in all European markets and US Futures.
Correction is very much on and crashing Global markets as well as quake like situation in all Global Financial Markets therefore no relief for Bulls and following lines are being repeated which were told on 20-06-2013 in "Tsunami in Global Financial Markets"
It should be kept in mind that buying in such type of market is like catching falling knife and resultant hand full of one's own blood therefore long positions should be created after complete consolidations.
Let thunder stop and allow market to complete its consolidation on daily charts then trend reversal will be seen but bounce back or Pull Back rally may be seen any time after some intraday consolidations and supports.
FII & DII trading activity in Capital Market Segment on 24-Jun-2013
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Bank Nifty(Jun Fut)-Levels & Trading Strategy for 25-06-2013
Bank Nifty(Jun Fut)-Levels
R3 11427
R2 11357
R1 11272
Avg 11202
S1 11117
S2 11047
S3 10962
Bank Nifty(Jun Fut)-Trading Strategy
H6 11343 Trgt 2
H5 11308 Trgt 1
H4 11273 Long breakout
H3 11230 Go Short
H2 11216
H1 11202
L1 11173
L2 11159
L3 11145 Long
L4 11102 Short Breakout
L5 11067 Trgt 1
L6 11032 Trgt 2
R3 11427
R2 11357
R1 11272
Avg 11202
S1 11117
S2 11047
S3 10962
Bank Nifty(Jun Fut)-Trading Strategy
H6 11343 Trgt 2
H5 11308 Trgt 1
H4 11273 Long breakout
H3 11230 Go Short
H2 11216
H1 11202
L1 11173
L2 11159
L3 11145 Long
L4 11102 Short Breakout
L5 11067 Trgt 1
L6 11032 Trgt 2
Nifty(Jun Fut)-Levels & Trading Strategy for 25-06-2013
Nifty(Jun Fut)-Levels
R3 5697
R2 5662
R1 5625
Avg 5590
S1 5553
S2 5518
S3 5481
Nifty(Jun Fut)-Trading Strategy
H6 5660 Trgt 2
H5 5644 Trgt 1
H4 5627 Long breakout
H3 5607 Go Short
H2 5601
H1 5594
L1 5581
L2 5574
L3 5568 Long
L4 5548 Short Breakout
L5 5532 Trgt 1
L6 5515 Trgt 2
R3 5697
R2 5662
R1 5625
Avg 5590
S1 5553
S2 5518
S3 5481
Nifty(Jun Fut)-Trading Strategy
H6 5660 Trgt 2
H5 5644 Trgt 1
H4 5627 Long breakout
H3 5607 Go Short
H2 5601
H1 5594
L1 5581
L2 5574
L3 5568 Long
L4 5548 Short Breakout
L5 5532 Trgt 1
L6 5515 Trgt 2
Nifty Spot-Levels & Trading Strategy for 25-06-2013
Nifty Spot-Levels
R3 5705
R2 5672
R1 5631
Avg 5598
S1 5557
S2 5524
S3 5483
Nifty Spot-Trading Strategy
H6 5664 Trgt 2
H5 5647 Trgt 1
H4 5630 Long breakout
H3 5610 Go Short
H2 5603
H1 5596
L1 5583
L2 5576
L3 5569 Long
L4 5549 Short Breakout
L5 5532 Trgt 1
L6 5515 Trgt 2
R3 5705
R2 5672
R1 5631
Avg 5598
S1 5557
S2 5524
S3 5483
Nifty Spot-Trading Strategy
H6 5664 Trgt 2
H5 5647 Trgt 1
H4 5630 Long breakout
H3 5610 Go Short
H2 5603
H1 5596
L1 5583
L2 5576
L3 5569 Long
L4 5549 Short Breakout
L5 5532 Trgt 1
L6 5515 Trgt 2
Pre-Closing Outlook(24-06-2013)
First 4 hours sideways trading but lower levels broken down forcefully after sharp fall in all European markets and US Futures(Dow' Futures trading more than 100 points down now). Termination of bounce back possibility and correction continuation.
Mid-session Outlook(24-06-2013)
Although sentiment is completely depressed today after Shanghai Composite turning more than 4.5% down but Indian markets are out performing global cues since opening today and almost 1% down. Some selling at higher levels but emergence of consolidation signals also at lower levels today therefore firstly sustaining below 5607(now trading at 5604) will be firstly watched today for next immediate down moves confirmations.
Post-open Outlook-3(24-06-2013)
As Indian markets are less down than Global markets therefore out performing and today first hour trading range(5607-5636) valid break out should be watched for next immediate moves confirmations.
Post-open Outlook-2(24-06-2013)
Shanghai Composite is more than 3% down and Hang Seng is more than1.5% down but Indian markets are less than 1% down and out performing today therefore volatility will remain high.
Post-open Outlook(24-06-2013)
Weak opening but Indian markets are out performing Global markets today.
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