Daily Indicators and Averages Analysis

Daily Indicators and Averages Analysis Chart:-

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Conclusions

1- Averages(EMA-8,21,55,200)- All lower period EMAs are below higher period EMAs and Nifty is trading below all the averages. It is most bearish situation.

2- Bollinger Band- Nifty closed near Lower Band and a bounce back can be expected if market consolidate here.

3- MACD- MACD line intersected downward Average Line and it is down move beginning strong indication.

4- ROC & RSI- Both lines are below equalibrium line and above oversold line. Both are in negative zone without any divergence and RSI is slipping therefore indicating more possibility of down moves.

5- Slow Stochastic & William %R- Both very short term indicators are in oversold zone therefore indicating a bounce back possibility after some more consolidations.

Conclusions (After Putting All Indicators Together)

Indicators are showing more weakness. As very short term indicators are oversold and  suggesting bounce back possibility only after some more consolidations.

Crucial Rising Trend line

Technical Analysis and Research 

Nifty-EOD Chart(17-06-2011):-

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Main Features

1- started on 03/11/2009 from 4538
2- Nifty got support on it 6 times in last 18 months
3- 1st support in Feb 2010
4- 2nd support in May 2010
5- Both Supports at 200 Day EMA
6- 4 Times support on Rising Trend line in last 4 months(Lowest at 5177).
7- 4 Times Resistances at 200 Day EMA in last 4 months(Highest at 5604).

(Above Research is revealed first time only in this Blog and will not be not be available in any other Website or Business news Channel. Final conclusions and its implications will be posted in the coming topics within 20 hours)

FII Trading Data in Derivatives Segment on 17-Jun-2011

FII & DII trading activity in Capital Market Segment on 17-Jun-2011

FII trading activity on NSE and BSE in Capital Junket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 17-Jun-2011 2111.19 2501.75 -390.56

DII trading activity on NSE and BSE in Capital Junket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 17-Jun-2011 851.51 886.88 -35.37

11 Recent Topics,Technical Analysis,News & Research For 20-06-2011 Trading

11 Topics have been posted for 20-06-2011 trading and more topics will be posted today and in next 2 days.Just click at following topics names and go through as well as analyse Chart:-

Topics prepared by Enjoy Daily Profits

1-Nifty Spot-Weekly Levels & Trading Strategy(Jun 20 to Jun 24,2011)
2-Bank Nifty(Jun Fut)-Levels & Trading Strategy for 20-06-2011
3-Nifty(Jun Fut)-Levels & Trading Strategy for 20-06-2011
4-Nifty Spot-Levels & Trading Strategy for 20-06-2011
5-Indian Stock Markets Closing Reports(17-06-2011)
6-Nifty-Micro Analysis of Intra Day Chart For 20-06-2011
7-FII & DII trading activity in Capital Market Segment on 17-Jun-2011
8-FII Trading Data in Derivatives Segment on 17-Jun-2011

Important News

1-Pranab asks banks to improve asset quality
2-RBI says it has no magic wand to bring down inflation
3-Sensex posts worst weekly fall in six

Nifty-Micro Analysis of Intra Day Chart For 20-06-2011

Nifty-Intra Day Chart(17-06-2011):-

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Main Features

1- First 2 hours Mixed patterns between 5375-5387
2- Last 3 hours Consolidation pattern between 5355-5375

Conclusions

Indian markets closed near lowest levels of the week but today intraday patterns are suggesting consolidaations(buying) within crucial support range(5329-5370). Although Indian markets closed in Red today but today consolidation patterns are indicating very short term up move on next Monday.

Indian Stock Markets Closing Reports(17-06-2011)

Main features of today trading are as follows

1- Long Black Candle.
2- Most Indices closed in Red except BANKEX,CD AND Power.
3- Whole day intraday consolidation(buying).

Ratios

Nifty Put Call Ratio: 19.82
Nifty P/E Ratio(17-06-2011): 0.80

Advances & Declines

BSE ADVANCES :  908
BSE DECLINES : 2005
NSE ADVANCES :  362
NSE DECLINES : 1065

Nifty Open Interest Changed Today

Nifty- 5300 CE(Jun)- +682050(+51.38%)
Nifty- 5300 PE(Jun)- +460250(+6.30%)

Nifty- 5400 CE(Jun)- +671250(+15.51%)
Nifty- 5400 PE(Jun)- -441650(-5.56%)

Nifty- 5500 CE(Jun)- +1486750(+20.87%)
Nifty- 5500 PE(Jun)- -479550(-11.27%)

Closing 

Nifty- closed at 5,366.40(-30.35 Points & -0.56%)
Sensex- closed at 17,870.53(-115.35 Points & -0.64%)
CNX MIDCAP - closed at 7,921.15(-53.00 Points & -0.66%)
BSE SMALL CAP- closed at 8,174.49(-75.49 Points & -0.92%)

Nifty Spot-Levels & Trading Strategy for 20-06-2011

Nifty Spot-Levels


R3 5472
R2 5446
R1 5406
Avg 5380
S1 5340
S2 5314
S3 5274

Nifty Spot-Trading Strategy

H6 5432     Trgt 2
H5 5417     Trgt 1
H4 5402     Long breakout
H3 5384     Go Short
H2 5378
H1 5372
L1 5359
L2 5353
L3 5347     Long
L4 5329     Short Breakout
L5 5314     Trgt 1
L6 5299     Trgt 2

Nifty(Jun Fut)-Levels & Trading Strategy for 20-06-2011

Nifty(Jun Fut)-Levels

R3 5478
R2 5451
R1 5415
Avg 5388
S1 5352
S2 5325
S3 5289

Nifty(Jun Fut)-Trading Strategy

H6 5443     Trgt 2
H5 5428     Trgt 1
H4 5414     Long breakout
H3 5397     Go Short
H2 5391
H1 5385
L1 5374
L2 5368
L3 5362     Long
L4 5345     Short Breakout
L5 5331     Trgt 1
L6 5316     Trgt 2

Bank Nifty(Jun Fut)-Levels & Trading Strategy for 20-06-2011

Bank Nifty(Jun Fut)-Levels

R3 10747
R2 10698
R1 10660
Avg 10611
S1 10573
S2 10524
S3 10486

Bank Nifty(Jun Fut)-Trading Strategy

H6 10709     Trgt 2
H5 10689     Trgt 1
H4 10669     Long breakout
H3 10645     Go Short
H2 10637
H1 10629
L1 10614
L2 10606
L3 10598     Long
L4 10574     Short Breakout
L5 10554     Trgt 1
L6 10534     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Jun 20 to Jun 24,2011)

Nifty Spot-Weekly Levels

R3 5590
R2 5555
R1 5460
Avg 5425
S1 5330
S2 5295
S3 5200

Nifty Spot-Weekly Trading Strategy 

H6 5495     Trgt 2
H5 5466     Trgt 1
H4 5437     Long breakout
H3 5401     Go Short
H2 5389
H1 5377
L1 5354
L2 5342
L3 5330     Long
L4 5294     Short Breakout
L5 5265     Trgt 1
L6 5236     Trgt 2

Pre-closing Outlook(17-06-2011)

Nifty slipped below 5375 but lacking force. it should be kept in mind that 5329-5370 is strong support range and Indian markets requires complete selling patterns within this range for breaking 5329.

Intraday patterns between 5355-5375 showing consolidation patterns today therefore this range strengthened the support of 5329-5370 today.

Trading range of today 5355-5390 should be kept in mind for next move confirmations. Intraday patterns of today are suggesting consolidaations(buying) and only confirmation is required.

Mid-session Outlook-2(17-06-2011)

Nifty slipped below 5375 and it is more down confirmation.

Mid-session Outlook(17-06-2011)

Nifty is trading between 5375-5387 for the last 2 hours and patterns are mixed therefore sustaining beyond will be next move first signal.

Post-open Outlook(17-06-2011)

Today trading range was given 5375-5410 and Nifty is traded within this range most of the time today. Strong support range at lower level within 5329-5370 and market require complete selling patterns for dipping within this range.

Although Indian markets slipped after opening today but patterns are not suggesting selling therefore sustaining beyond 5375 will be watched first.

Pre-open Outlook(17-06-2011)

All the Asian markets are trading in Red today morning therefore sentiment is weak and firstly negative zone trading between 5375-5410 after weak opening expected today. Strong supports below 5400 and in the same manner strong resistances above 5480 therefore Indian markets will prepare for next moves within 5375-5410 and sustaining beyond this range will be next moves first indication. Quiet range bound market expected today and mentioned range will be watched first for next moves confirmations.

Market Outlook(17-06-2011)

Nifty is trading between 5329-5605 for the last 33 sessions and also preparing for next moves between this range. Break out and sustaining beyond mentioned range will give next moves confirmation and until Nifty is trading within this range till then moves within this range will be understood and discussed.

Major supports between 5329-5400 and Nifty slipped below 5400 today but narket require complete distribution patterns to sustain below 5400. Strong resistance between 5480-5604. Nifty traded within 5389-5447 yesterday with mixed trading patterns and technical positions are as follows:-

1- Minor support signals between 5405-5420
2- Selling between 5424-5442

Although Nifty closed near lowest of the day yesterday and selling at higher levels also but patterns are showing consolidation formations therefore sustaining beyond yesterday range(5389-5447) will be watched first for next moves confirmations and follow up buying and sustaining above 5447 is also possible in the coming sessions.

Strong supports below yesterday range and in the same manner strong resistances at higher levels therefore Indian markets will prepare for next moves within or near about yesterday range(5389-5447) and sustaining beyond this range will be next moves confirmations therefore will be watched first for next moves confirmations.

FII Trading Data in Derivatives Segment on 16-Jun-2011

Nifty-Micro Analysis of Intra Day Chart For 17-06-2011

Nifty-Intra Day Chart(16-06-2011):-

Just click on chart for its enlarged view

Main Features

1- Minor support signals between 5405-5420
2- Selling between 5424-5442

Conclusions

Minor support signals seen between 5405-5420 and after that market moved up also but selling developed between 5424-5442 and Nifty slipped below 5400. All the Asian markets closed near lower levels and European markets also slipped after gap down opening therefore sentiment was depressed whole day today and Nifty entered into last support range.

Selling above 5480,today also between 5424-5442 and only minor support signals between 5405-5420 therefore market require complete consolidation for any up move beginning.

Strong support range(5329-5400) below today trading range therefore market require fresh selling for dipping and sustaining below 5329.

Although Nifty slipped and closed below 5400 but minor support signals seen between 5405-5420 today therefore sustaining beyond 5400 will be watched firstly watched tomorrow for next moves confirmations.

FII & DII trading activity in Capital Market Segment on 16-Jun-2011

FII trading activity on NSE and BSE in Capital Junket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 16-Jun-2011 2191.29 2790.81 -599.52

DII trading activity on NSE and BSE in Capital Junket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 16-Jun-2011 1308.28 1022.18 286.1

Indian Stock Markets Closing Reports(16-06-2011)

Main features of today trading are as follows

1- Black Candle
2- All the Indices closed in Red
3- Nifty entered into last strong support range(5329-5400) of 33 sessions Range Bound Market(5329-5605).

Ratios

Nifty Put Call Ratio: 0.89
Nifty P/E Ratio(16-06-2011): 19.93

Advances & Declines

BSE ADVANCES : 1063
BSE DECLINES : 1775
NSE ADVANCES :  409
NSE DECLINES :  981

Nifty Open Interest Changed Today

Nifty- 5300 CE(Jun)- +204700(+18.26%)
Nifty- 5300 PE(Jun)- +479800(+6.83%)

Nifty- 5400 CE(Jun)- +1172700(+35.16%)
Nifty- 5400 PE(Jun)- -734950(-8.11%)

Nifty- 5500 CE(Jun)- +996000(+15.92%)
Nifty- 5500 PE(Jun)- -394000(-8.12%)

Closing 

Nifty- closed at 5,396.75(-50.75 Points & -0.93%)
Sensex- closed at  17,985.88(-146.36 Points & -0.81%)
CNX MIDCAP - closed at 7,974.15(-53.15 Points & -0.66%)
BSE SMALL CAP- closed at 8,249.98(-44.91 Points & -0.54%)