Nifty(Aug Fut)-Levels & Trading Strategy for24-08-2011

Nifty(Aug Fut)-Levels

R3 5099
R2 5036
R1 4991
Avg 4928
S1 4883
S2 4820
S3 4775

Nifty(Aug Fut)-Trading Strategy

H6 5056     Trgt 2
H5 5031     Trgt 1
H4 5006     Long breakout
H3 4976     Go Short
H2 4966
H1 4956
L1 4937
L2 4927
L3 4917     Long
L4 4887     Short Breakout
L5 4862     Trgt 1
L6 4837     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for24-08-2011

Bank Nifty(Aug Fut)-Levels

R3 9813
R2 9666
R1 9573
Avg 9426
S1 9333
S2 9186
S3 9093

Bank Nifty(Aug Fut)-Trading Strategy

H6 9725     Trgt 2
H5 9668     Trgt 1
H4 9612     Long breakout
H3 9546     Go Short
H2 9524
H1 9502
L1 9458
L2 9436
L3 9414     Long
L4 9348     Short Breakout
L5 9291     Trgt 1
L6 9234     Trgt 2

Pre-Closing Outlook(23-08-2011)

Following line was told at 01:54PM today in Mid-session Outlook-3:-

"Selling formations between 4952-4963"

Any one can verify from today intraday charts that Nifty could not moved above 4963 after my above selling formation message. Nifty slipped below 4952 sharply at 02:29pm and made bottom of 4927 after my posting.

Technical positions of today intraday charts as follows:-

1- Good consolidation between 4863-4898 today.
2- Selling between 4952-4963.

View can not be bearish after 90 minutes today higher levels selling and outlook is still positive. Expected that more consolidation will be seen and after that Nifty will finally cross 4963. View is positive but selling at higher levels today therefore only confirmation is required through sustaining above 4963.

Mid-session Outlook-3(23-08-2011)

Selling formations between 4952-4963.

Mid-session Outlook-2(23-08-2011)

 Examples of today accurate predictions:-

1- Slipping upto 4865 was told and Nifty slipped upto 4863.80 before strong recovery of more than 60 points.
2- Only positive market was told again and again and market turned Positive after slipping into negative zone.

Nifty moved above 4891 and rally expected after sustaining above it now. 

Mid-session Outlook(23-08-2011)

Slipping upto 4865 was told  and Nifty slipped upto 4863.80 at this moment today. Let down moves stop first and base formation begin today then ongoing consolidation lowest will get confirmation.

Positive market is expected after some more consolidations and next upmove confirmation level is sustaining above 4891. Any down move will be considered only after sustaining below 4865 and next moves confirmation range is 4865-4891.

Post-open Outlook(23-08-2011)

Following line was told for today market in Technical Analysis,Researches & Market Outlook(23-08-2011)

As sentiment turned heated during last one hour of trading yesterday therefore market require some consolidation before any up move and slipping upto 4865 may be possible in consolidation precess otherwise continuation of yesterday started rally expected in the coming sessions.

Slipping possibility upto 4865 was told and Nifty has already slipped up 4876 today. Fresh consolidation was a demand before any up move and it has already been explained also.

Positive market is expected after some more consolidations and next upmove confirmation level is sustaining above 4891.

Pre-open Outlook(23-08-2011)

Technical Analysis and Research and Micro Analysis of Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained in following topics with 1 Chart therefore not being repeated:-

Technical Analysis,Researches & Market Outlook(23-08-2011)

Dow's Futures is more than 60 points up and all Asian markets are trading in Green therefore sentiment is good today morning and Indian markets will open gap up today. Pull Back rally is on and positive market expected today.

Technical Analysis,Researches & Market Outlook(23-08-2011)

Nifty-Micro Analysis of Intra Day Chart For 23-08-2011

Nifty-Intra Day Chart(22-Aug-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 4809-4850
2- Rising channel Formation
3- Whole day trading between 4809-4907

Conclusions

EOD Chart analysis has already been explained in following topic on 21-08-2011 :-

Pull Back Rally Possibility from 4843

Pull Back rally begun after base formation between 4798-4850 in last two sessions and after that upmoves were seen in Rising channel between 4850-4905 yesterday.

Next immediate resistances are as follows:-

1- 4910-4932(Gap)
2- 5100-5200(Good selling)

As sentiment turned heated during last one hour of trading yesterday therefore market require some consolidation before any up move and slipping upto 4865 may be possible in consolidation precess otherwise continuation of yesterday started rally expected in the coming sessions.

Indian markets are technically mature for Pull back rally and its confirmation will be fresh consolidation firstly and then sustaining above 4891.

Expected that Nifty will finally sustain above 4891 after consolidation today.

Indian Stock Markets Closing Reports(22-Aug-2011)

Main features of today trading are as follows

1- Long White Candle.
2- Most Indices closed near the high of day.
3- All the Indices closed in Green except Bank and IT.

Ratios

Nifty Put Call Ratio: 0.91
Nifty P/E Ratio(22-Aug-2011): 17.68

Advances & Declines

BSE ADVANCES : 1809
BSE DECLINES : 1029
NSE ADVANCES : 1023
NSE DECLINES :  403

Nifty Open Interest Changed Today

Nifty- 4800 CE(Aug)- -1060600(-39.29%)
Nifty- 4800 PE(Aug)- +485050(+9.74%)

Nifty- 4900 CE(Aug)- -1083650(-25.06%)
Nifty- 4900 PE(Aug)- +377400(+10.47%)

Closing 

Nifty- closed at 4,898.80(+53.15 Points & +1.10%)
Sensex- closed at 16,341.70(+200.03 Points & +1.24% )
CNX MIDCAP - closed at 7,239.20(+107.95 Points & +1.51%)
BSE SMALL CAP- closed at 7,112.61(+108.05 Points & +1.54%)

Nifty Spot-Levels & Trading Strategy for 23-08-2011

Nifty Spot-Levels

R3 5038
R2 4974
R1 4936
Avg 4872
S1 4834
S2 4770
S3 4732

Nifty Spot-Trading Strategy

H6 5001     Trgt 2
H5 4978     Trgt 1
H4 4954     Long breakout
H3 4926     Go Short
H2 4916
H1 4907
L1 4888
L2 4879
L3 4869     Long
L4 4841     Short Breakout
L5 4818     Trgt 1
L6 4794     Trgt 2

Nifty(Aug Fut)-Levels & Trading Strategy for 23-08-2011

Nifty(Aug Fut)-Levels

R3 5053
R2 4987
R1 4948
Avg 4882
S1 4843
S2 4777
S3 4738

Nifty(Aug Fut)-Trading Strategy

H6 5017     Trgt 2
H5 4992     Trgt 1
H4 4967     Long breakout
H3 4938     Go Short
H2 4929
H1 4919
L1 4900
L2 4890
L3 4881     Long
L4 4852     Short Breakout
L5 4827     Trgt 1
L6 4802     Trgt 2

Bank Nifty(Aug Fut)-Levels & Trading Strategy for 23-08-2011

Bank Nifty(Aug Fut)-Levels

R3 9761
R2 9620
R1 9516
Avg 9375
S1 9271
S2 9130
S3 9026

Bank Nifty(Aug Fut)-Trading Strategy

H6 9662     Trgt 2
H5 9605     Trgt 1
H4 9547     Long breakout
H3 9480     Go Short
H2 9457
H1 9435
L1 9390
L2 9368
L3 9345     Long
L4 9278     Short Breakout
L5 9220     Trgt 1
L6 9163     Trgt 2

100% accurate Prediction of today market was done yesterday

Just go though following lines and verify from today intraday chart and it will be proved that whatsoever told yesterday,all that proved 100% true during trading hours today.

Nifty traded between 4798-4891 on 19-08-2011 with selling at higher levels and buying at lower levels,expected that Nifty will firstly  trade between this range. Although Indian markets may slip first but high possibility of firstly sustaing above 4798 and finally sustaing above 4891 as well as emergence of Pull Back Rally.

Above lines were told in following topic. Just click and verify on yours own.:-

Pull Back Rally Possibility from 4843

Pre-Closing Outlook(22-08-2011)

Those up moves which were told clearly told yesterday in following topic were seen during trading hours today:-

Pull Back Rally Possibility from 4843

Up moves were told in intraday outlooks today also and last Friday range crossed after lower levels follow up buying today therefore continuation of up moves are expected in the coming sessions.

Mid-session Outlook-2(22-08-2011)

Good support seen at lower levels today also after last Friday lower levels supports therefore Pull Back Rally possibility turned higher now and confirmation will be sustaining above 4891.

Mid-session Outlook(22-08-2011)

Dow, Futures was trading +35 in the morning but now -25 and all the Asian markets slipped from intraday higher levels therefore Indian markets also could not hold at intra day higher levels and slipped.

4843 was told to watch and Nifty is hovering around it since opening today. Nifty will prepare for next moves between 4798-4891 and this range break out will be net moves confirmation. Pull Back rally is possible and its reasons have already been explained in following topic:-

Pull Back Rally Possibility from 4843

Lower levels consolidation between 4798-4830 was seen last Friday and follow up buying today is must for crossing last Friday selling range(4856-4891) and sustaining above 4891. Let Indian markets prepare for next moves then next moves confirmations will be possible from intraday charts formations.

प्री - ओपन बाजार आउटलुक (22-08-2011)

कम्प्यूटरीकृत हिंदी अनुवाद

EOD और साप्ताहिक चार्ट, निफ्टी आंतर दिन चार्ट, तकनीकी पद के माइक्रो विश्लेषण तकनीकी विश्लेषण और अनुसंधान, अगले संभावनाओं को पहले से ही 2 इसलिए नहीं दोहराया जा रहा चार्ट के साथ निम्नलिखित विषयों में समझाया गया है: -

1 - Pull Back रैली की 4843 से संभावना
2 - निफ्टी माइक्रो 22-08-2011 लिए आंतर दिन चार्ट के विश्लेषण

हालांकि अमेरिकी बाजार नीचे पिछले शुक्रवार से अधिक 1.5% बंद कर दिया लेकिन एशियाई बाजारों में लगभग फ्लैट हैं इसलिए भावना शांत है और भारतीय बाजार फ्लैट आज सुबह खुल जाएगा.

अगला चाल पहला संकेत 4843 पुष्टिकरण स्तर से परे बनाए रखने जाएगा 4798-4891 इसलिए mentioed स्तर के पार कर रहा है पहली बार देखा जाना चाहिए.

Pre-Open Market Outlook(22-08-2011)

Technical Analysis and Research of EOD and weekly charts,Micro Analysis of Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained in following topics with 2 Charts therefore not being repeated:-

1- Pull Back Rally Possibility from 4843
2-Nifty-Micro Analysis of Intra Day Chart For 22-08-2011

Although US markets closed more than 1.5% down last Friday but Asian markets are almost flat therefore sentiment is quiet and Indian markets will open flat today morning.

Next moves first indication will be sustaining beyond 4843 confirmation level is crossing of 4798-4891 therefore mentioed levels should be watched first.

Pull Back रैली की 4843 से संभावना

तकनीकी विश्लेषण और अनुसंधान अगस्त 22 के लिए अगस्त 26,2011


कम्प्यूटरीकृत हिंदी अनुवाद

निफ्टी - EOD चार्ट (19 Aug 2011): -

EOD चार्ट में तकनीकी पैटर्न और संरचनाओं

1 - वेव 61.8%-3 रिट्रेसमेंट 4843 में पूरा किया गया है

2 - 19-08-2011 पर निफ्टी 4846 पर बंद

3 - सुधारात्मक - वेव एक retraced 1160 अंक और सुधारात्मक वेव सी भी 1148 retraced है लहर सी वेव - ए के लगभग 100% retraced है इस तरीके में,.

निष्कर्ष

सभी प्रवृत्तियों के नीचे हैं और 13 महीने EOD चार्ट्स संरचना भी नीचे टूट गया है लेकिन EOD चार्ट पैटर्न सुधार गठन भी इसलिए चल रहे नौ monthe दिखा रहा है चाल नीचे वेव 3 के सुधार में जो 3919 से 13-07-2009 पर शुरू कर दिया और पर समाप्त हो सकता है 2010/05/11 ६३३८.

61.8% वेव 3 फिबोनैकी retracement 19-08-2011 को किया गया है 4843 पर और पूरा सुधारात्मक वेव - सी भी लगभग 100% retraced है वेव एक सुधार इसलिए पूरा संभावना 4843 में विचार किया जाएगा.

19-08-2011 इसलिए भारतीय बाजारों पर उच्च स्तर पर बेचना पर्ची लेकिन समेकन भी 19-08-2011 को 4798-4830 के बीच देखा गया था इसलिए 4,798-4,830 परे suatining सब से पहले अगले सप्ताह की शुरुआत में देखा जाना चाहिए किया जा सकता है.

19-08-2011 पर निफ्टी 4798-4891 के बीच उच्च स्तर पर बिक्री और निचले स्तर पर खरीद, उम्मीद है कि निफ्टी सबसे पहले इस रेंज के बीच व्यापार के साथ कारोबार. हालांकि भारतीय बाजार सबसे पहले 4798 से ऊपर sustaing की पहली लेकिन उच्च संभावना पर्ची और अंत में 4891 से ऊपर sustaing के रूप में के रूप में अच्छी तरह से खींचो वापस रैली के उद्भव हो सकता है.

अगला चाल पहला संकेत 4843 पुष्टिकरण स्तर से परे बनाए रखने जाएगा 4798-4891 इसलिए mentioed स्तर के पार कर रहा है पहली बार देखा जाना चाहिए.

19-08-2011 के ट्रेडिंग रेंज के रूप में अगले प्रवृत्ति निर्णायक है इसलिए बस निम्नलिखित लिंक पर क्लिक करें और 19-08-2011 के अंतर दिन चार्ट की आंतरिक संरचना को समझने: -

22-08-2011 के लिए निफ्टी माइक्रो आंतर दिन चार्ट के विश्लेषण

Pull Back Rally Possibility from 4843

Technical Analysis and Research For Aug 22 to Aug 26,2011

Nifty-EOD Chart(19-Aug-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- 61.8% Retracement of Wave-3 has been completed at 4843
2- Nifty closed at 4846 on 19-08-2011 
3- Corrective Wave-A retraced 1160 Points and corrective Wave-C has also retraced 1148,in this manner Wave-C has almost retraced 100% of Wave-A.

Conclusions

All trends are down and 13 months EOD charts structure has also been broken down but EOD chart pattern is showing correction formation also therefore ongoing 9 monthe down moves may be correction of Wave-3 which started on 13-07-2009 from 3919 and terminated on 05-11-2010 at 6338.

61.8% Fibonacci retracement of Wave-3 has been completed at 4843 on 19-08-2011 and corrective Wave-C has also retraced almost 100% of Wave-A therefore correction completion possibility will be considered at 4843.

Selling at higher levels on 19-08-2011 therefore Indian markets may slip but consolidations was also seen between 4798-4830 on 19-08-2011 therefore suatining beyond 4798-4830 should be watched first of all in the beginning of next week.

Nifty traded between 4798-4891 on 19-08-2011 with selling at higher levels and buying at lower levels,expected that Nifty will firstly  trade between this range. Although Indian markets may slip first but high possibility of firstly sustaing above 4798 and finally sustaing above 4891 as well as emergence of Pull Back Rally.

Next moves first indication will be sustaining beyond 4843 confirmation level is crossing of 4798-4891 therefore mentioed levels should be watched first.

As trading range of 19-08-2011 is next trend decider therefore just click following link and understand internal structure of intra day chart of 19-08-2011:-

Nifty-Micro Analysis of Intra Day Chart For 22-08-2011