R3 5850
R2 5724
R1 5591
AVG 5465
S1 5332
S2 5206
S3 5073
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Post-closing report(18-02-2011)
Positive closing was expected after positive opening today but Market was nervous after the news of CBI raid on DMK chief M.Karunanidhi family members and market reacted with steep fall today. Indian markets closed in Red today.
-Sensex closed at 14665.92 and 295.30 points down today.
-Nifty closed at 4429.90 and 87.50 points down today.
Pre-Open Market Outlook(18-02-2011)
It was told 5 times in last 3 sessions that Nifty will cross 5520,it happed and Nifty closed 5546 yesterday.
Short term and intermediate term trends are up and long term trend is down. Long term trend will be up after sustaining above 200-Day EMA(today at 5616). 5640-5850 is strong resistance range. Market require complete consolidation and will take its own full time to cross 5850. It is confirm that crossing 5850 will mean removal of most bearish technical positions and Indian markets will zoom up above 5850.
Coming couple of sessions will decide that Indian markets are preparing for Union Budget 2011 below or within mentioned resistance range(5640-5850) and it will also be tried to project post Budget Indian markets moves before its tabelling in Parliament on the basis of intraday charts formations next week. This fact can be verified from my orkut.com profle that I told on 25-02-2010 before Bubget 2010:-
"WHATSOEVER MAY THE BUDGET 2010 BUT RALLY WILL BE SEEN AFTER BUDGET-2010 AND NIFTY WILL TEST 5150 IN MARCH 2010"
All very well know that my above post budget-2010 projection was prooved 100% accurate.
Small intraday corrections will be seen before any up move but Indian markets require sufficient selling patterns for any down moves and whenever it will happen then will be told well in advanve before any down moves begining on the basis on intraday charts patterns.
200-Day EMA(today at 5616) tesing is possible within coming of sessions and Positive closing expected after positive opening today.
Short term and intermediate term trends are up and long term trend is down. Long term trend will be up after sustaining above 200-Day EMA(today at 5616). 5640-5850 is strong resistance range. Market require complete consolidation and will take its own full time to cross 5850. It is confirm that crossing 5850 will mean removal of most bearish technical positions and Indian markets will zoom up above 5850.
Coming couple of sessions will decide that Indian markets are preparing for Union Budget 2011 below or within mentioned resistance range(5640-5850) and it will also be tried to project post Budget Indian markets moves before its tabelling in Parliament on the basis of intraday charts formations next week. This fact can be verified from my orkut.com profle that I told on 25-02-2010 before Bubget 2010:-
"WHATSOEVER MAY THE BUDGET 2010 BUT RALLY WILL BE SEEN AFTER BUDGET-2010 AND NIFTY WILL TEST 5150 IN MARCH 2010"
All very well know that my above post budget-2010 projection was prooved 100% accurate.
Small intraday corrections will be seen before any up move but Indian markets require sufficient selling patterns for any down moves and whenever it will happen then will be told well in advanve before any down moves begining on the basis on intraday charts patterns.
200-Day EMA(today at 5616) tesing is possible within coming of sessions and Positive closing expected after positive opening today.
Trading Strategy for Nifty(Jan Fut)-18-02-2011
H6 5637 Trgt 2
H5 5616 Trgt 1
H4 5595 Long breakout
H3 5570 Go Short
H2 5562
H1 5554
L1 5537
L2 5529
L3 5521 Go Long
L4 5496 Short Breakout
L5 5475 Trgt 1
L6 5454 Trgt 2
H5 5616 Trgt 1
H4 5595 Long breakout
H3 5570 Go Short
H2 5562
H1 5554
L1 5537
L2 5529
L3 5521 Go Long
L4 5496 Short Breakout
L5 5475 Trgt 1
L6 5454 Trgt 2
Trading Strategy for Bank Nifty(Jan Fut)-18-02-2011
H6 11398 Trgt 2
H5 11336 Trgt 1
H4 11274 Long breakout
H3 11202 Go Short
H2 11178
H1 11154
L1 11105
L2 11081
L3 11057 Go Long
L4 10985 Short Breakout
L5 10923 Trgt 1
L6 10861 Trgt 2
H5 11336 Trgt 1
H4 11274 Long breakout
H3 11202 Go Short
H2 11178
H1 11154
L1 11105
L2 11081
L3 11057 Go Long
L4 10985 Short Breakout
L5 10923 Trgt 1
L6 10861 Trgt 2
Trading Levels for 18-02-11
Nifty Spot Levels for 18-02-2011
R3 5668
R2 5610
R1 5578
AVG 5520
S1 5488
S2 5430
S3 5398
Nifty Feb Futures Levels for 18-02-2011
R3 5667
R2 5608
R1 5577
AVG 5518
S1 5487
S2 5428
S3 5397
Bank Nifty Feb Futures Levels for 18-02-2011
R3 11495
R2 11334
R1 11232
AVG 11071
S1 10969
S2 10808
S3 10706
R3 5668
R2 5610
R1 5578
AVG 5520
S1 5488
S2 5430
S3 5398
Nifty Feb Futures Levels for 18-02-2011
R3 5667
R2 5608
R1 5577
AVG 5518
S1 5487
S2 5428
S3 5397
Bank Nifty Feb Futures Levels for 18-02-2011
R3 11495
R2 11334
R1 11232
AVG 11071
S1 10969
S2 10808
S3 10706
Post-closing report(17-02-2011)
Nifty closed at 5546 today but I told for this up move above 5520 non stop daily in the last 3 sessions in following words:-
1- Pre-Open Market Outlook(17-02-2011)-" finally crossing 5520 expected in couple of sessions"
2- Mid-session outlook(17-02-2011)-"crossing 5520 is strong upmove confirmaton and it is being expected for the last 2 sessions also"
3-Post-open outlook(16-02-2011)"technically poised to cross 5520 and its happening expected within couple of sessions"
4-Pre-Open Market Outlook(15-02-2011)- "finally rally expected after clearing 5520"
5-Mid-session outlook-2(15-02-2011)- "5520 crossing expected within couple of sessions"
My outlooks posted from last Friday are live proof of this fact that I non stop told for rally from 5200 and noves above 5520.
Mid-session outlook-2(17-02-2011)
5520 crossing projected 4 times in Following lines in last 3 days:-
1-Pre-Open Market Outlook(15-02-2011)- "finally rally expected after clearing 5520"
2-Mid-session outlook-2(15-02-2011)- "5520 crossing expected within couple of sessions"
3-Post-open outlook(16-02-2011)"technically poised to cross 5520 and its happening expected within couple of sessions"
4- Pre-Open Market Outlook(17-02-2011)-" finally crossing 5520 expected in couple of sessions"
Nifty trading at 5549 at present. As strong resistance crossing confirmations therefore now intermediate term trend will be up above 5556 and Nifty will counter 200-Day EMA and strong resistance range(5640-5780) in next week.
Mid-session outlook(17-02-2011)
Following lines were told in Post-open outlook today:-
"Although Indian markets slipped from higher levels after opening but intraday charts are showing consolidation patterns. Firstly 5460 and then 5420 will be watched for consolidation confirmation"
Nifty got support at 5464 today and reversed therefore support at 5460 strengthened. ctossing 5520 is strong upmove confirmaton and it is being expected for the last 2 sessions also.
Post-open outlook(17-02-2011)
Following lines were told in Pre-open outlook today:-
"Doji candle formation with partially mixed patterns yesterday therefore more consolidation is required within 5420-5520"
As told, same happened and Nifty is trading within mentioned range since opening today. Although Indian markets slipped from higher levels after opening but intraday charts are showing consolidation patterns. Firstly 5460 and then 5420 will be watched for consolidation confirmation. Market will take its own time and finally crossing of 5520 is also expected but 5420-5520 will also be kept in mind for next move confirmations.
"Doji candle formation with partially mixed patterns yesterday therefore more consolidation is required within 5420-5520"
As told, same happened and Nifty is trading within mentioned range since opening today. Although Indian markets slipped from higher levels after opening but intraday charts are showing consolidation patterns. Firstly 5460 and then 5420 will be watched for consolidation confirmation. Market will take its own time and finally crossing of 5520 is also expected but 5420-5520 will also be kept in mind for next move confirmations.
Pre-Open Market Outlook(17-02-2011)
Nifty traded whole day within resistance range 5460-5520 yesterday and most of the time Nifty traded and consolidated within this range in last 2 days.
Nifty last 2 days intraday chart:-
Sentiment was heated due to positive announcement expectations in P.M. press conference and some retail buying possibility can not be ruled out yesterday. Doji candle formation with partially mixed patterns yesterday therefore more consolidation is required within 5420-5520 today. View is bullish and crossing of 5520 is also expected but little more consolidation is demand of confimation today.
Firstly trading within 5460-5520 today and finally crossing 5520 expected in couple of sessions.
Post-closing report(16-02-2011)
I made following predictions before opening which proved 100% accurate after closing today:-
1- Next resistance range- 5460-5520
2- As Indian markets have to prepare and consolidate within resistance range therefore will trade within it first before any cross over
3- View is bullish and opening to closing moves within 5420-5520 expected today
- As I told 100% same happened and
1- Nifty traded within 5460-5505 today.
2- Nifty whole day traded and closed within mentioned range at 5481.70.
3- It was no where told that closing will be in Green or Red and Indian markets closed flat today.
-Sensex closed 27.10 points up today.
-Nifty closed 0.70 points up today.
1- Next resistance range- 5460-5520
2- As Indian markets have to prepare and consolidate within resistance range therefore will trade within it first before any cross over
3- View is bullish and opening to closing moves within 5420-5520 expected today
- As I told 100% same happened and
1- Nifty traded within 5460-5505 today.
2- Nifty whole day traded and closed within mentioned range at 5481.70.
3- It was no where told that closing will be in Green or Red and Indian markets closed flat today.
-Sensex closed 27.10 points up today.
-Nifty closed 0.70 points up today.
Bank Nifty(Feb Fut)-Trading Strategy for 17-02-2011
H6 11083 Trgt 2
H5 11057 Trgt 1
H4 11030 Long breakout
H3 10998 Go Short
H2 10987
H1 10976
L1 10955
L2 10944
L3 10933 Long
L4 10901 Short Breakout
L5 10874 Trgt 1
L6 10848 Trgt 2
H5 11057 Trgt 1
H4 11030 Long breakout
H3 10998 Go Short
H2 10987
H1 10976
L1 10955
L2 10944
L3 10933 Long
L4 10901 Short Breakout
L5 10874 Trgt 1
L6 10848 Trgt 2
Nifty(Feb Fut)-Trading Strategy for 17-02-2011
H6 5535 Trgt 2
H5 5523 Trgt 1
H4 5512 Long breakout
H3 5498 Go Short
H2 5494
H1 5489
L1 5480
L2 5475
L3 5471 Long
L4 5457 Short Breakout
L5 5446 Trgt 1
L6 5434 Trgt 2
H5 5523 Trgt 1
H4 5512 Long breakout
H3 5498 Go Short
H2 5494
H1 5489
L1 5480
L2 5475
L3 5471 Long
L4 5457 Short Breakout
L5 5446 Trgt 1
L6 5434 Trgt 2
Trading Levels for 17-02-11
Nifty Spot Levels for 17-02-2011
R3 5549
R2 5527
R1 5504
AVG 5482
S1 5459
S2 5437
S3 5414
Nifty Feb Futures Levels for 17-02-2011
R3 5559
R2 5533
R1 5509
AVG 5483
S1 5459
S2 5433
S3 5409
Bank Nifty Feb Futures Levels for 17-02-2011
R3 11135
R2 11071
R1 11018
AVG 10954
S1 10901
S2 10837
S3 10784
R3 5549
R2 5527
R1 5504
AVG 5482
S1 5459
S2 5437
S3 5414
Nifty Feb Futures Levels for 17-02-2011
R3 5559
R2 5533
R1 5509
AVG 5483
S1 5459
S2 5433
S3 5409
Bank Nifty Feb Futures Levels for 17-02-2011
R3 11135
R2 11071
R1 11018
AVG 10954
S1 10901
S2 10837
S3 10784
Post-open outlook(16-02-2011)
Flat trading within 5475-5495 since opening and its decisive break out can be expected after P.M.press conference at 11 am today and volatility may be seen during or immediately after its completion.
Nifty is trading within resistance range(5460-5520) but technically poised to cross 5520 and its happening expected within couple of sessions.
Nifty is trading within resistance range(5460-5520) but technically poised to cross 5520 and its happening expected within couple of sessions.
Pre-Open Market Outlook(16-02-2011)
Following levels were given yesterday. As relevant therefore being repeated as follows:-
1- Next resistance range- 5460-5520
2- Intermediate term trend is down and will be up above 5556.
As consolidation requires for any up move therefore:-
1- Nifty trading range was given Yesterday- 5420-5500.
2- Nifty achual trading range was Yesterday- 5408-5507.
As Indian markets have to prepare and consolidate within resistance range therefore will trade within it first before any cross over. Intraday charts of yesterdy are suggesting consolidation and same expected today also within 5420-5520.
View is bullish and opening to closing moves within 5420-5520 expected today.
1- Next resistance range- 5460-5520
2- Intermediate term trend is down and will be up above 5556.
As consolidation requires for any up move therefore:-
1- Nifty trading range was given Yesterday- 5420-5500.
2- Nifty achual trading range was Yesterday- 5408-5507.
As Indian markets have to prepare and consolidate within resistance range therefore will trade within it first before any cross over. Intraday charts of yesterdy are suggesting consolidation and same expected today also within 5420-5520.
View is bullish and opening to closing moves within 5420-5520 expected today.
Trading Levels for 16-02-11
Nifty Spot Levels for 16-02-2011
R3 5620
R2 5563
R1 5522
AVG 5465
S1 5424
S2 5367
S3 5326
Nifty Feb Futures Levels for 16-02-2011
R3 5628
R2 5566
R1 5521
AVG 5459
S1 5414
S2 5352
S3 5307
Bank Nifty Feb Futures Levels for 16-02-2011
R3 11379
R2 11194
R1 11065
AVG 10880
S1 10751
S2 10566
S3 10437
R3 5620
R2 5563
R1 5522
AVG 5465
S1 5424
S2 5367
S3 5326
Nifty Feb Futures Levels for 16-02-2011
R3 5628
R2 5566
R1 5521
AVG 5459
S1 5414
S2 5352
S3 5307
Bank Nifty Feb Futures Levels for 16-02-2011
R3 11379
R2 11194
R1 11065
AVG 10880
S1 10751
S2 10566
S3 10437
Bank Nifty(Feb Fut)-Trading Strategy for 16-02-2011
H6 11257 Trgt 2
H5 11182 Trgt 1
H4 11108 Long breakout
H3 11022 Go Short
H2 10993
H1 10964
L1 10907
L2 10878
L3 10849 Long
L4 10763 Short Breakout
L5 10689 Trgt 1
L6 10614 Trgt 2
Nifty(Feb Fut)-Trading Strategy for 16-02-2011
H6 5584 Trgt 2
H5 5559 Trgt 1
H4 5534 Long breakout
H3 5505 Go Short
H2 5495
H1 5485
L1 5466
L2 5456
L3 5446 Long
L4 5417 Short Breakout
L5 5392 Trgt 1
L6 5367 Trgt 2
Post-closing report(15-02-2011)
Today predictions are as follows:-
1- Pre-Open Outlook- "finally positive market expected today within 5420-5500"
2- Post-Open Outlook- " minor intraday correction possibility can not be ruled out today and will be better to buy after intraday correction completion"
3- Mid-session Outlook- "Expected that intraday correction will complete within 5387-5420.
4- Mid-session Outlook-2- " Bullish outlook is maintaned and expected intraday correction has been completed
Exact guideance was provided through accurate predictions whole day.Firstly intraday correction and then its completion within mentioned range at 5409 was seen and according to projected bullish outlook market closed in Green.
-Sensex closed 71.60 points up today.
-Nifty closed 25.00 points up today.
1- Pre-Open Outlook- "finally positive market expected today within 5420-5500"
2- Post-Open Outlook- " minor intraday correction possibility can not be ruled out today and will be better to buy after intraday correction completion"
3- Mid-session Outlook- "Expected that intraday correction will complete within 5387-5420.
4- Mid-session Outlook-2- " Bullish outlook is maintaned and expected intraday correction has been completed
Exact guideance was provided through accurate predictions whole day.Firstly intraday correction and then its completion within mentioned range at 5409 was seen and according to projected bullish outlook market closed in Green.
-Sensex closed 71.60 points up today.
-Nifty closed 25.00 points up today.
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