Indian Stock Markets Closing Reports(21-06-2011)

Main features of today trading are as follows

1- Doji Candle
2- Almost all the Indices closed with minor gains or minor loss.
3- Market slipped after Selling at higher levels.

Ratios

Nifty Put Call Ratio: 0.82
Nifty P/E Ratio(21-06-2011): 19.48

Advances & Declines

BSE ADVANCES : 1114
BSE DECLINES : 1679
NSE ADVANCES :  566
NSE DECLINES :  831

Nifty Open Interest Changed Today


Nifty- 5200 CE(Jun)- -33700(-1.37%)
Nifty- 5200 PE(Jun)- +1096250(+15.16%)

Nifty- 5300 CE(Jun)- +695550(+14.70%)
Nifty- 5300 PE(Jun)- +441600(+7.59%)

Closing

Nifty- closed at 5,275.85(+17.95 Points & +0.34%)
Sensex- closed at 17,560.30(+53.67 Points & +0.31%)
CNX MIDCAP - closed at 7,698.05(-34.35 Points & -0.44%%)
BSE SMALL CAP- closed at 7,874.14(-33.83 Points & -0.43%)

Nifty Spot-Levels & Trading Strategy for 22-06-2011

Nifty Spot-Levels

R3 5377
R2 5349
R1 5312
Avg 5284
S1 5247
S2 5219
S3 5182

Nifty Spot-Trading Strategy

H6 5340     Trgt 2
H5 5325     Trgt 1
H4 5310     Long breakout
H3 5292     Go Short
H2 5286
H1 5280
L1 5269
L2 5263
L3 5257     Long
L4 5239     Short Breakout
L5 5224     Trgt 1
L6 5209.     Trgt 2

Nifty(Jun Fut)-Levels & Trading Strategy for 22-06-2011

Nifty(Jun Fut)-Levels

R3 5461
R2 5416
R1 5346
Avg 5301
S1 5231
S2 5186
S3 5116

Nifty(Jun Fut)-Trading Strategy

H6 5392     Trgt 2
H5 5366     Trgt 1
H4 5340     Long breakout
H3 5308     Go Short
H2 5298
H1 5287
L1 5266
L2 5255
L3 5245     Long
L4 5213     Short Breakout
L5 5187     Trgt 1
L6 5161     Trgt 2

Bank Nifty(Jun Fut)-Levels & Trading Strategy for 22-06-2011

Bank Nifty(Jun Fut)-Levels

R3 10841
R2 10760
R1 10617
Avg 10536
S1 10393
S2 10312
S3 10169

Bank Nifty(Jun Fut)-Trading Strategy

H6 10698     Trgt 2
H5 10647     Trgt 1
H4 10597     Long breakout
H3 10535     Go Short
H2 10515
H1 10494
L1 10453
L2 10432
L3 10412     Long
L4 10350     Short Breakout
L5 10300     Trgt 1
L6 10249     Trgt 2

Pre-closing Outlook(21-06-2011)

When Nifty was trading near higher levels today then doubts on that upmove were shown and following lines were told in Mid-session Outlook today:-

1- firstly crossing 5329 and then sustaining above 5356 will be up moves confirmation otherwise today up move will be understood global good sentiments driven pull back rally only.

2- 3 crucial patterns broken down yesterday therefore complete consolidations and confirmation is required for trend reversal.

Intraday selling seen between 5300-5320 today therefore Indian markets will remain weak in the coming sessions.

Mid-session Outlook(21-06-2011)

All the Asian markets showed good recovery from lower levels of the day and either some are trading near day's higher levels or some have closed near highs of the day. US futures is also 40 points up and Indian markets also got support at lower levels of the day today therefore trading positive since opening today.

Indian markets intraday charts also showing lower levels consolidations patterns  today but firstly crossing 5329 and then sustaining above 5356 will be up moves confirmation otherwise today up move will be understood global good sentiments driven pull back rally only.

3 crucial patterns broken down yesterday therefore complete consolidations and confirmation is required for trend reversal

Post-open Outlook(21-06-2011)

Patterns of today are suggesting consolidation and lower levels buying between 5258-5278 therefore minor upmoves are visible. More consolidations and crossing of minimum one resistance will be any kind of up moves confirmation.

NIFTY-JUN F&O-1ST SELLING OF 20-06-2011-COVERING

NIFTY JUN F & O(SHORTED ON 20-06-2011)-COVER IMMEDIATELY-CMP-5262

NIFTY-JUN F&O-1ST SELLING OF 20-06-2011-MESSAGE

NIFTY-JUN F&O-1ST SELLING OF 20-06-2011- MARKET WILL BE VOLATILE THEREFORE HOLD AND COVER AFTER MY COVERING MESSAGE

3 breaking down Patterns & Bearish markets Confirmations

Market Outlook(21-06-2011)

All the trends were already down and following 3 crucial Patterns were developed on EOD charts which gave Bear market confirmation within 10 minutes yesterday when Nifty nosedived 141 points in just 10 minutes. Just click following links and understand the gravity and importance of following patterns for deciding next phase of Indian markets:-

1- Head & Shoulders Pattern in 4 months EOD Chart
2- 18 Months Rising Trend Line Broken Down
3- 34 Sessions Trading Range(5329-5604) Broken Down
4- Nifty-Micro Analysis of Intra Day Chart For 21-06-2011

Conclusions

Nifty traded more than 3 hours between 5275-5312 with Intraday selling patterns yesterday therefore it is first resistance range and next support range is 5220-5250 and moves below 5220 will mean more down moves.

Asian markets are positive today morning after US markets green closing yesterday therefore Nifty Nifty will open positive and  will first trade between 5240-5290. Expected that Nifty will finally slip below 5200 after follow up selling in the coming sessions.

34 Sessions Trading Range(5329-5604) Broken Down

       Technical Analysis and Research

Nifty- EOD Chart(20-06-2011):-

Just click on chart for its enlarged view

Main Features

1- 34 Sessions Range Bound Moves
2- Nifty faced resistance 3 times near 5600
3- Nifty got support once at 5329
4- Support broken down

Conclusions

Forceful break down of 34 Sessions Trading Range and Nifty lost 141 points in just 10 minutes. All trends were already down,Nifty was sustaining below 200 Day EMA for the last 34 sessions and forceful breaking down of last 34 session range gave Bear markets confirmations.

Break down was by force on 20-06-2011 and only last technical formality of 3 days sustaining below is left. As breaking down force was strong therefore expected that Nifty will sustain below 34 Sessions Range in the coming 3 sessions.

18 Months Rising Trend Line Broken Down

       Technical Analysis and Research

Nifty- EOD Chart(20-06-2011):-

Just click on chart for its enlarged view

Main Features

1- started on 03/11/2009 from 4538
2- Nifty got support on it 6 times in last 18 months
3- Rising Trend Line broken down

Conclusions

Rising Trend Line broken down forcefully and Nifty plunged 141 points in 10 minutes. All trends were already down,Nifty was sustaining below 200 Day EMA for the last 34 sessions and 18 months uptrend terminated after rising trend line breaking down.

Break down was by force on 20-06-2011 and only last technical formality of 3 days sustaining below is left. As breaking down force was strong therefore expected that Nifty will sustain below rising trend line in the coming 3 sessions.

Head & Shoulders Pattern in 4 months EOD Chart

      Technical Analysis and Research

Nifty- EOD Chart(20-06-2011):-

Just click on chart for its enlarged view

Main Features

1- Head & Shoulders Pattern Formation
2- Its Neckline broken down

Conclusions

Neckline broken down by Bullet Force and Nifty nosedived 141 points in 10 minutes. All trends were already down,Nifty was sustaining below 200 Day EMA for the last 34 sessions and Neckline breaking down gave Bearish markets Confirmation.

Break down was by force on 20-06-2011 and only last technical formality of 3 days sustaining below is left. As breaking down force was strong therefore expected that Nifty will sustain below Neckline in the coming 3 sessions.

FII Trading Data in Derivatives Segment on 20-Jun-2011

Nifty-Micro Analysis of Intra Day Chart For 21-06-2011

Nifty-Intra Day Chart(20-06-2011):-

Just click on chart for its enlarged view

Main Features

1- Selling between 5338-5368
2- Selling between 5275-5312

Conclusions

Nifty slipped 141 points in 10 minutes and crucial supports broken down. Intraday selling seen between 5338-5368 before breaking down and after that again selling seen between 5275-5312 after sharp fall.

As whole day selling therefore more down moves will be seen in the coming sessions.

Indian Stock Markets Closing Reports(20-06-2011)

Main features of today trading are as follows

1- Deep Red Closing.
2- Long Black Candle.
3- 34 sessions range broken down by force.
4- Bearish market confirmations.
5- All the Indices closed in Red.

Ratios

Nifty Put Call Ratio: 0.89
Nifty P/E Ratio(20-06-2011): 19.42

Advances & Declines

BSE ADVANCES :  510
BSE DECLINES : 2346
NSE ADVANCES :  140
NSE DECLINES : 1305

Nifty Open Interest Changed Today

Nifty- 5200 CE(Jun)- +2058350(+516.20%)
Nifty- 5200 PE(Jun)- +316900(+4.08%)

Nifty- 5300 CE(Jun)- +3048100(+152.80%)
Nifty- 5300 PE(Jun)- -545900(-7.15%)

Nifty- 5400 CE(Jun)- +1440900(+29.76%)
Nifty- 5400 PE(Jun)- -929950(-13.29%)

Closing 

Nifty- closed at 5,257.90(-108.50 Points & -2.02%)
Sensex- closed at 17,506.63(-363.90 Points & -2.04% )
CNX MIDCAP - closed at 7,732.40(-188.75 Points & -2.38%)
BSE SMALL CAP- closed at 7,907.97(-266.52 Points & -3.26)

FII & DII trading activity in Capital Market Segment on 20-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 20-Jun-2011 2577.97 3090.54 -512.57

DII trading activity on NSE and BSE in Capital Junket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 20-Jun-2011 1545.17 681.86 863.31

Nifty Spot-Levels & Trading Strategy for 21-06-2011

Nifty Spot-Levels

R3 5539
R2 5458
R1 5357
Avg 5276
S1 5175
S2 5094
S3 4993

Nifty Spot-Trading Strategy

H6 5441     Trgt 2
H5 5399     Trgt 1
H4 5357     Long breakout
H3 5307     Go Short
H2 5290
H1 5273
L1 5240
L2 5223
L3 5206     Long
L4 5156     Short Breakout
L5 5114     Trgt 1
L6 5072     Trgt 2

Nifty(Jun Fut)-Levels & Trading Strategy for 21-06-2011

Nifty(Jun Fut)-Levels

R3 5562
R2 5470
R1 5365
Avg 5273
S1 5168
S2 5076
S3 4971

Nifty(Jun Fut)-Trading Strategy

H6 5459     Trgt 2
H5 5414     Trgt 1
H4 5368    Long breakout
H3 5314     Go Short
H2 5296
H1 5278
L1 5241
L2 5223
L3 5205     Long
L4 5151     Short Breakout
L5 5105     Trgt 1
L6 5060     Trgt 2

Bank Nifty(Jun Fut)-Levels & Trading Strategy for 21-06-2011

Bank Nifty(Jun Fut)-Levels

R3 10938
R2 10784
R1 10643
Avg 10489
S1 10348
S2 10194
S3 10053

Bank Nifty(Jun Fut)-Trading Strategy

H6 10801     Trgt 2
H5 10733     Trgt 1
H4 10664     Long breakout
H3 10583     Go Short
H2 10556
H1 10529
L1 10474
L2 10447
L3 10420     Long
L4 10339     Short Breakout
L5 10270     Trgt 1
L6 10202     Trgt 2

NIFTY-JUN F&O-1ST SELLING OF 20-06-2011-TRADE

NIFTY(JUN FUT-SELL-STBT)SL-5296-TGT-5196-CMP-5266

NIFTY(JUN PUT OPTION-BUY-STBT)SL-5296-TGT-5196-S.P.FOR PUT-5200,5300(JUN FUT-RATES FOR ALL OPTIONS)-CMP-5266