 |
| Add caption |
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
FII & DII trading activity in Capital Market Segment on 04-Apr-2011
| ||||||||||||||||
| ||||||||||||||||
Pre-closing Outlook(04-04-2011)
Nifty is above 5900 today and for this move I clearly told more than 10 times in last one week. Rally is very much on and no selling signals in intraday charts yet.
Pre-Open Market Outlook(04-04-2011)
First of all selling patterns formations in intra day charts and then correction begins and till now no selling patterns therefore any down move will not be considered. Nifty traded range bound between 5815-5840 with intra day consolidation patterns(its details has already been explained with intraday charts in last 3 topics in the Blog) therefore firstly trading between 5840-5900 will be seen after positive opening and close positive today.
Follow up buying today will pave the of strong rally above 5900 and it is also being expected.
Post-closing Report(01-04-2011) & Monday Outlook
Market is as follows after last Friday closing;-
Nifty whole day trading range- 5810-5840
Candle- Doji(confusion)
Intra day trading patterns- Condolidation
Put Call Ratio :1.23
Advances & Declines:-
NSE ADVANCES : 1145
NSE DECLINES : 278
BSE ADVANCES : 2176
BSE DECLINES : 704
Nifty Open Interest Changed:-
Nifty- 5800 CE(28APR2011)- -519850(-10.96%)
Nifty- 5800 PE(28APR2011)- +1285550(+60.57%)
Nifty- 5900 CE(28APR2011)- +1076600(+38.15%)
Nifty- 5900 PE(28APR2011)- +38700(+3.23%)
Closing :-
Nifty- closed at 5826.05(-7.70 Points & -0.13%)
Sensex- closed at 19420.39(-24.83 Points & -0.13% )
CNX MIDCAP - closed at 8129.10 (+88.95 Points & +1.11%)
BSE SMALL CAP- closed at 8358.19(+182.30 Points & +2.23%)
Nifty Intra Day Chart f of 01-04-2011:-
Monday(01-04-2011) Outlook
5th impulsive wave is on and all trends are up.
SENSEX and Nifty closed in Red last Friday but it is clear from Advances & Declines that broader market was positive as well as CNX MIDCAP and BSE SMALL CAP closed with good gains on Friday. Nifty intraday chart is also suggesting consolidation pattern therefore expected that Nifty will not sustain below last Fridy range and finally fresh up moves will restart within 2/3 sessions. Short term indicators are overbought and heated very short term correction may be possible.
Nifty whole day trading range- 5810-5840
Candle- Doji(confusion)
Intra day trading patterns- Condolidation
Put Call Ratio :1.23
Advances & Declines:-
NSE ADVANCES : 1145
NSE DECLINES : 278
BSE ADVANCES : 2176
BSE DECLINES : 704
Nifty Open Interest Changed:-
Nifty- 5800 CE(28APR2011)- -519850(-10.96%)
Nifty- 5800 PE(28APR2011)- +1285550(+60.57%)
Nifty- 5900 CE(28APR2011)- +1076600(+38.15%)
Nifty- 5900 PE(28APR2011)- +38700(+3.23%)
Closing :-
Nifty- closed at 5826.05(-7.70 Points & -0.13%)
Sensex- closed at 19420.39(-24.83 Points & -0.13% )
CNX MIDCAP - closed at 8129.10 (+88.95 Points & +1.11%)
BSE SMALL CAP- closed at 8358.19(+182.30 Points & +2.23%)
Nifty Intra Day Chart f of 01-04-2011:-
 |
| Just click on chart for its enlarged view |
5th impulsive wave is on and all trends are up.
SENSEX and Nifty closed in Red last Friday but it is clear from Advances & Declines that broader market was positive as well as CNX MIDCAP and BSE SMALL CAP closed with good gains on Friday. Nifty intraday chart is also suggesting consolidation pattern therefore expected that Nifty will not sustain below last Fridy range and finally fresh up moves will restart within 2/3 sessions. Short term indicators are overbought and heated very short term correction may be possible.
Nifty Spot-Levels & Trading Strategy for 04-04-2011
R3 5904
R2 5882
R1 5854
Avg 5832
S1 5804
S2 5782
S3 5754
Nifty Spot-Trading Strategy
H6 5876 Trgt 2
H5 5864 Trgt 1
H4 5853 Long breakout
H3 5839 Go Short
H2 5835
H1 5830
L1 5821
L2 5816
L3 5812 Long
L4 5798 Short Breakout
L5 5787 Trgt 1
L6 5775 Trgt 2
Nifty(Apr Fut)-Levels & Trading Strategy for 04-04-2011
R3 5931
R2 5907
R1 5884
Avg 5860
S1 5837
S2 5813
S3 5790
Nifty(Apr Fut)-Trading Strategy
H6 5908 Trgt 2
H5 5897 Trgt 1
H4 5886 Long breakout
H3 5873 Go Short
H2 5869
H1 5865
L1 5856
L2 5852
L3 5848 Long
L4 5835 Short Breakout
L5 5824 Trgt 1
L6 5813 Trgt 2
Bank Nifty(Apr Fut)-Levels & Trading Strategy for 04-04-2011
R3 11982
R2 11891
R1 11784
Avg 11693
S1 11586
S2 11495
S3 11388
Bank Nifty(Apr Fut)-Trading Strategy
H6 11876 Trgt 2
H5 11831 Trgt 1
H4 11785 Long breakout
H3 11731 Go Short
H2 11713
H1 11695
L1 11658
L2 11640
L3 11622 Long
L4 11568 Short Breakout
L5 11522 Trgt 1
L6 11477 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(04 Apr to 08-04-2011)
R3 6146
R2 6009
R1 5917
Avg 5780
S1 5688
S2 5551
S3 5459
Nifty Spot-Weekly Trading Strategy
H6 6062 Trgt 2
H5 6007 Trgt 1
H4 5951 Long breakout
H3 5888 Go Short
H2 5867
H1 5846
L1 5805
L2 5784
L3 5763 Long
L4 5700 Short Breakout
L5 5644 Trgt 1
L6 5589 Trgt 2
FII & DII trading activity in Capital Market Segment on 01-Apr-2011
| ||||||||||||||||
| ||||||||||||||||
Pre-closing Outlook(01-04-2011)
Nifty traded alomost whole day between 5815-5840 and intraday charts are suggesting consolidations today. Confirmation point will be sustaining above 5840 and until Nifty will not move below 5780 till then any down move will not be imagined.
5700-5900 is resistance range and today consolidation within range bound moves is strong indication of rally above 5900 in next week. I told more than 10 times for moves above5900 in last 6 sessions and follow up buying on Monday will pave the way of forceful rally above 5900 in next week and then next targets above 5900 will also be declared after Monday.
Mid-session Outlook(01-04-2011)
Crude above $107 therefore pressure in Indian markets and trading in negative zone. Although slipped from higher levels today also but no clear selling pattern formed yet. 5815-5840 break out will be watched for next immediate move indication.
Nifty got good support between 5780-5800 yesterday therefore Nifty sustaing above with intraday consolidation patterns today will be next upmove strong confirmation.
Nifty got good support between 5780-5800 yesterday therefore Nifty sustaing above with intraday consolidation patterns today will be next upmove strong confirmation.
Pre-Open Market Outlook(01-04-2011)
"Post-closing Report(31-03-2011) & Tomorrow Outlook"
Global markets are calm therefore flat opening is expected. Nifty got good support between 5780-5800 therefore slipping below this range not expected. 5700-5900 is resistance range therefore consolidation required between this range and yesterday 94 points intra day fall from day's higher levels was a part of this process.
Whole day trading between yeterday range(5778-5872) expected and Nifty will not slip below 5778 and levels above 5900 will be seen between 2/3 sessions.
5900 crossing Tomorrow or on Monday
Indian markets closed positive in highly volatile derivative expiry day today and for this closing I told minimum 10 times in all the 7 outlooks and also explained:-
1- reasons for today positive closing.
2- Bull markets correction character
3- Clearly told for support near 5800 and when Nifty was below 5800 then also told for support at that point and upmoves.
Just click following linkand understand above points from all today outlooks
http://enjoydailyprofits.blogspot.com/search/label/Whole%20Day%20Guidance
Tomorrow(01-04-2011) Outlook
March series expiry near the top of month. All trends are up and run away rally is on. 5700-5900 has been resistance and it is the strength of rally that Nifty cleared almost whole resistance and made the top at 5872 today. I told more than 5 times in this week for 5900. Many are telling for correction and Bullish markets corrections character have also been explained many times. For any type of down moves I told following lines specially in Post-closing Report(28-03-2011) & Tomorrow Outlook:-
"Complete selling patterns are required for any decisive down moves and until that will not happen till then any down move will not be imagined and after 2 months range break out any selling development can not be dreamed also."
5th wave is on and it is the character of 5th wave that it moves fast. As per my view resistance range has almost been cleared and moves above 5900 will be seen within couple of sessions. Next crucial resistance is above 6100 and also expected that fast up moves will be seen between 5900-6100.
Firstly trading between today range(5778-5872) and then Continuation of rally expected tomorrow. Only it has to be decided that Nifty will cross 5900 tomorrow or on Monday.
Nifty Spot-Levels & Trading Strategy for 01-04-2011
R3 5971
R2 5921
R1 5877
Avg 5827
S1 5783
S2 5733
S3 5689
Nifty Spot-Trading Strategy
H6 5927 Trgt 2
H5 5906 Trgt 1
H4 5884 Long breakout
H3 5858 Go Short
H2 5850
H1 5841
L1 5824
L2 5815
L3 5807 Long
L4 5781 Short Breakout
L5 5759 Trgt 1
L6 5738 Trgt 2
Nifty(Apr Fut)-Levels & Trading Strategy for 01-04-2011
R3 6110
R2 6012
R1 5935
Avg 5837
S1 5760
S2 5662
S3 5585
Nifty(Apr Fut)-Trading Strategy
H6 6036 Trgt 2
H5 5995 Trgt 1
H4 5954 Long breakout
H3 5906 Go Short
H2 5890
H1 5874
L1 5841
L2 5825
L3 5809 Long
L4 5761 Short Breakout
L5 5720 Trgt 1
L6 5679 Trgt 2
Bank Nifty(Apr Fut)-Levels & Trading Strategy for 01-04-2011
R3 12208
R2 12093
R1 11899
Avg 11784
S1 11590
S2 11475
S3 11281
Bank Nifty(Apr Fut)-Trading Strategy
H6 12014 Trgt 2
H5 11944 Trgt 1
H4 11874 Long breakout
H3 11789 Go Short
H2 11761
H1 11733
L1 11676
L2 11648
L3 11620 Long
L4 11535 Short Breakout
L5 11465 Trgt 1
L6 11395 Trgt 2
Subscribe to:
Posts (Atom)