Nifty(Mar Fut)-Levels & Trading Strategy for 24-03-2011

Nifty(Mar Fut)-Levels

R3 5620
R2 5562
R1 5531
Avg 5473
S1 5442
S2 5384
S3 5353

Nifty(Mar Fut)-Trading Strategy

H6 5590     Trgt 2
H5 5569     Trgt 1
H4 5548     Long breakout
H3 5524     Go Short
H2 5516
H1 5508
L1 5491
L2 5483
L3 5475     Long
L4 5451     Short Breakout
L5 5430     Trgt 1
L6 5409     Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 24-03-2011

Bank Nifty(Mar Fut)-Levels

R3 5207
R2 2054
R1 4466
Avg 7619
S1 14139
S2 17292
S3 23812

Bank Nifty(Mar Fut)-Trading Strategy

H6 11217     Trgt 2
H5 11164     Trgt 1
H4 11110     Long breakout
H3 11048     Go Short
H2 11027
H1 11006
L1 10965
L2 10944
L3 10923     Long
L4 10861     Short Breakout
L5 10807     Trgt 1
L6 10754     Trgt 2

Pre-closing outlook(23-03-2011)

Indian markets are range bound(5400-5600) and not trending, All trends are down but not sustained below 5400 also and recovered 4 times. All the worst and negative news are digested by this range but multiple redidtances above 5500 also and market require complete consolidation at every point above 5500.

Today up move is nice and Nifty is trading between 5455-5475 for the last 5 hours. Nifty sustaining beyond today range will decide that today rally is genuine or not. As today patterns are showing consolidation therefore up move possibility is high and Nifty is trading at 5480 at this moment but if sustains above 5475 tomorrow then rally above 5500 will be considered.

Although consolidation signals between 5455-5475 today but confirmation required tomorrow from sustaining above.

Mid-session outlook-2(23-03-2011)

Sentiment turned completely depressed due to internal disturbances in Middle-East countries and US attack on Libya. As retailers shorts would have developed at lower levels therefore today rally seen immediately after oprning. As we understood rally possibility therefore we covered our shorting position near today lower levels before the begining of up moves. Resistances above 5500 therefore Nifty will trade between 5400-5500 and next moves will depend on the developments in Middle East countries and Crude price.

NIFTY-MAR F&O-1ST SHORTING OF 22-03-2011-COVERING

NIFTY MAR F & O(SHORTED ON 22-03-2011)-COVER IMMEDIATELY-CMP-5440

Pre-Open Market Outlook(23-03-2011)

All the Asian markets were positive and sentiment was strong due to US markets good gains one day before therefore Indian markets traded and closed positive yesterday. Asian markets are weak today morning after negative US markets closing therefore Nifty will trade between 5375-5410 after weak opening,this range break out and sustaining beyond will decide the strength of 5400. Selling patterns were seen between 5375-5410 in 2 previous sessions and today follow up selling will mean finally break down of 5375.

Firstly trading between 5375-5410 and finally below 5375 expected within couple of sessions.

FII Trading Data in Derivatives Segment on 22-Mar-2011

FII & DII trading activity in Capital Market Segment on 22-Mar-2011

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 22-Mar-2011 1533.5 1297.21 236.29

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 22-Mar-2011 844.44 748.4 96.04

Nifty Spot-Levels & Trading Strategy for 23-03-2011

Nifty Spot-Levels

R3 5487
R2 5457
R1 5435
Avg 5405
S1 5383
S2 5353
S3 5331

Nifty Spot-Trading Strategy

H6 5465     Trgt 2
H5 5453     Trgt 1
H4 5441     Long breakout
H3 5427     Go Short
H2 5422
H1 5417
L1 5408
L2 5403
L3 5398    Long
L4 5384     Short Breakout
L5 5372     Trgt 1
L6 5360     Trgt 2

Nifty(Mar Fut)-Levels & Trading Strategy for 23-03-2011

Nifty(Mar Fut)-Levels

R3 5520
R2 5484
R1 5459
Avg 5423
S1 5398
S2 5362
S3 5337

Nifty(Mar Fut)-Trading Strategy

H6 5495     Trgt 2
H5 5481    Trgt 1
H4 5467     Long breakout
H3 5450     Go Short
H2 5445
H1 5439
L1 5428
L2 5422
L3 5417    Long
L4 5400     Short Breakout
L5 5386     Trgt 1
L6 5372     Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 23-03-2011

Bank Nifty(Mar Fut)-Levels

R3 10971
R2 10918
R1 10866
Avg 10813
S1 10761
S2 10708
S3 10656

Bank Nifty(Mar Fut)-Trading Strategy

H6 10919     Trgt 2
H5 10895     Trgt 1
H4 10871     Long breakout
H3 10842     Go Short
H2 10833
H1 10823
L1 10804
L2 10794
L3 10785     Long
L4 10756     Short Breakout
L5 10732     Trgt 1
L6 10708     Trgt 2

NIFTY-MAR F&O-1ST SELLING OF 22-03-2011-TRADE

NIFTY-MAR F&O-1ST SELLING OF 22-03-2011-TRADE

NIFTY(MAR FUT-SELL-POSITIONAL)SL-5461-TGT-5354-CMP-5434
NIFTY(MAR PUT OPTION-BUY-POSITIONAL)-S.P.FOR PUT-5300,5400-NIFTY(MAR FUT)-RATES ARE FOR-5461-TGT-5354 FOR ALL OPTIONS-CMP-5434

Mid-session outlook-2(22-03-2011)

US markets closed with good gains yesterday and all the Asian markets recovered from lower levels and eithr closed or trading in Green therefore Indian markets are up today and Nifty trading above 5410. Nifty did not sustained below 5375 and and moved above 5410. Let Nifty sustain one side then next trend will be decided.

Mid-session outlook(22-03-2011)

Finance Bill being discussed in Parliament today therefore some sentimental bullishness also and Nifty is trading above 5410,if sustains above then rally will be seen.

BJP moved privilege notice against PM in Lok Sabha

BJP moved privilege notice against PM in Lok Sabha

Discussion on Finance bill in Lok Sabha

Market may be volatile

Pre-Open Market Outlook(22-03-2011)

All the global markets closed positive and some with good gains yesterda\y but Indian markets under performed and was the only market which closed in Red. Nifty traded most time within 5375-5410 in last 2 days and Nifty finally slipped and closed below it at 5364 yestetrday. All trends are down Nifty traded below 5400 in last 2 sessions and if Nifty sustains below 5400 today then 5400 breaking down will get confirmation and in that situation 5200 will be seen.

Intraday charts of last 2 days are showing selling indications within 4375-5410 in last 2 days and if follow up selling develop today in Newd based and global markets led voltality expected day then it will be confirmation of fresh fast down move minimum toward 5200.

Firtly trading between last 2 sessions range(5375-5410) and finally closing below it in Red expected today.

FII Trading Data in Derivatives Segment on 21-Mar-2011

FII & DII trading activity in Capital Market Segment on 21-Mar-2011

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 21-Mar-2011 1263.27 1360.29 -97.02

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 21-Mar-2011 782.26 734.28 47.98

Nifty Spot-Levels & Trading Strategy for 22-03-2011

Nifty Spot-Levels

R3 5467
R2 5440
R1 5402
Avg 5375
S1 5337
S2 5310
S3 5272

Nifty Spot-Trading Strategy

H6 5429     Trgt 2
H5 5414     Trgt 1
H4 5399     Long breakout
H3 5381     Go Short
H2 5375
H1 5369
L1 5358
L2 5352
L3 5346     Long
L4 5328     Short Breakout
L5 5313     Trgt 1
L6 5298     Trgt 2

Nifty(Mar Fut)-Levels & Trading Strategy for 22-03-2011

Nifty(Mar Fut)-Levels

R3 5485
R2 5455
R1 5417
Avg 5387
S1 5349
S2 5319
S3 5281

Nifty(Mar Fut)-Trading Strategy

H6 5448     Trgt 2
H5 5432     Trgt 1
H4 5417     Long breakout
H3 5398     Go Short
H2 5392
H1 5386
L1 5373
L2 5367
L3 5361     Long
L4 5342     Short Breakout
L5 5327     Trgt 1
L6 5311     Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 22-03-2011

Bank Nifty(Mar Fut)-Levels

R3 10992
R2 10916
R1 10843
Avg 10767
S1 10694
S2 10618
S3 10545

Bank Nifty(Mar Fut)-Trading Strategy

H6 10920     Trgt 2
H5 10886     Trgt 1
H4 10851     Long breakout
H3 10810     Go Short
H2 10797
H1 10783
L1 10756
L2 10742
L3 10729     Long
L4 10688    Short Breakout
L5 10653     Trgt 1
L6 10619     Trgt 2