Nifty has given sustaining above 5000 confirmation.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Post-open Outlook(13-09-2011)
Following conclusive line was told in today Technical Analysis & Market Outlook
Upside break out possibilities are high
As was concluded same happened within first 5 minutes today and moved above 5000. Nifty sustaining above 5000 will be confirmations.
Upside break out possibilities are high
As was concluded same happened within first 5 minutes today and moved above 5000. Nifty sustaining above 5000 will be confirmations.
Technical Analysis & Market Outlook(13-09-2011)
Nifty-Intra Day Chart(12-Sep-2011):-
 |
| Just click on chart for its enlarged view |
1- Selling between 4965-4980
2- Buying between 4913-4928
3- Mixed Patterns between 4937-4963
4- Whole day trading between 4912-4985
Conclusions
All trends are down and Pull Back rally is on from 4720 which retraced from 5169. Crucial support range and Pull Back rally saviour is between 4948-5000 and it was broken down also yesterday on the back of disappointing IIP data and crashing Global markets.
Indian markets are not mature for any side decisive moves today because higher levels selling and lower levels buying yesterday and follow up buying/selling will decide next direction today. Indian markets will prepare for next moves between yesterday range and its break out as well as sustaining beyond will be next moves confirmations.
Global cues are more or less positive today morning and Indian markets also recovered from yesterday lower levels yesterday therefore Nifty will firstly trade between 4930-4980 after positive opening and its break out will be next moves first indication as well as sustaining beyond 4912-4985 will be next decisive move confirmation. Upside break out possibilities are high because Global cues are improving today.
Indian Stock Markets Closing Reports(12-Sep-2011)
1- Red closing.
2- All the Indices closed in Red.
3- Weak global cues led big fall.
Ratios
Nifty Put Call Ratio: 1.09
Nifty P/E Ratio(12-Sep-2011): 17.86
Advances & Declines
BSE ADVANCES : 806
BSE DECLINES : 2010
NSE ADVANCES : 285
NSE DECLINES : 1160
Nifty Open Interest Changed Today
Nifty- 4900 CE(Sep)- +988100(+34.61%)
Nifty- 4900 PE(Sep)- +418850(+7.78%)
Nifty- 5000 CE(Sep)- +302050(+5.83%)
Nifty- 5000 PE(Sep)- -1031800(-15.42%)
Closing
Nifty- closed at 4,946.80(-112.65 Points & -2.23%)
Sensex- closed at 16,501.74(-365.23 Points & -2.17% )
CNX MIDCAP - closed at 7,235.60(-177.90 Points & -2.40%)
BSE SMALL CAP- closed at 7,168.06(-135.96 Points & -1.86%)
FII & DII trading activity in Capital Market Segment on 12-Sep-2011
| ||||||||||||||||
| ||||||||||||||||
Nifty Spot-Levels & Trading Strategy for 13-09-2011
Nifty Spot-Levels
R3 5057
R2 5021
R1 4983
Avg 4947
S1 4909
S2 4873
S3 4835
Nifty Spot-Trading Strategy
H6 5020 Trgt 2
H5 5003 Trgt 1
H4 4986 Long breakout
H3 4966 Go Short
H2 4959
H1 4952
L1 4939
L2 4932
L3 4925 Long
L4 4905 Short Breakout
L5 4888 Trgt 1
L6 4871 Trgt 2
R3 5057
R2 5021
R1 4983
Avg 4947
S1 4909
S2 4873
S3 4835
Nifty Spot-Trading Strategy
H6 5020 Trgt 2
H5 5003 Trgt 1
H4 4986 Long breakout
H3 4966 Go Short
H2 4959
H1 4952
L1 4939
L2 4932
L3 4925 Long
L4 4905 Short Breakout
L5 4888 Trgt 1
L6 4871 Trgt 2
Nifty(Sep Fut)-Levels & Trading Strategy for 13-09-2011
Nifty(Sep Fut)-Levels
R3 5058
R2 5018
R1 4980
Avg 4940
S1 4902
S2 4862
S3 4824
Nifty(Sep Fut)-Trading Strategy
H6 5020 Trgt 2
H5 5002 Trgt 1
H4 4984 Long breakout
H3 4963 Go Short
H2 4956
H1 4949
L1 4934
L2 4927
L3 4920 Long
L4 4899 Short Breakout
L5 4881 Trgt 1
L6 4863 Trgt 2
R3 5058
R2 5018
R1 4980
Avg 4940
S1 4902
S2 4862
S3 4824
Nifty(Sep Fut)-Trading Strategy
H6 5020 Trgt 2
H5 5002 Trgt 1
H4 4984 Long breakout
H3 4963 Go Short
H2 4956
H1 4949
L1 4934
L2 4927
L3 4920 Long
L4 4899 Short Breakout
L5 4881 Trgt 1
L6 4863 Trgt 2
Bank Nifty(Sep Fut)-Levels & Trading Strategy for 13-09-2011
Bank Nifty(Sep Fut)-Levels
R3 9708
R2 9624
R1 9504
Avg 9420
S1 9300
S2 9216
S3 9096
Bank Nifty(Sep Fut)-Trading Strategy
H6 9590 Trgt 2
H5 9543 Trgt 1
H4 9497 Long breakout
H3 9441 Go Short
H2 9422
H1 9403
L1 9366
L2 9347
L3 9328 Long
L4 9272 Short Breakout
L5 9226 Trgt 1
L6 9179 Trgt 2
R3 9708
R2 9624
R1 9504
Avg 9420
S1 9300
S2 9216
S3 9096
Bank Nifty(Sep Fut)-Trading Strategy
H6 9590 Trgt 2
H5 9543 Trgt 1
H4 9497 Long breakout
H3 9441 Go Short
H2 9422
H1 9403
L1 9366
L2 9347
L3 9328 Long
L4 9272 Short Breakout
L5 9226 Trgt 1
L6 9179 Trgt 2
Pre-Closing Outlook(12--09-2011)
Following line was told today in Just watch Support Range(4948-5000) in Crashing Global Markets
market may be volatile also today.
Nifty slipped below 4948,traded below it more than 2 hours but surged 50 points fast and again moved below 4948. As retail selling develops after disappointing news like today IIP data news therefore intraday support also seen between 4912-4925.
Nifty traded between 4912-4981 today with lower levels buying and higher levels selling therefore Nifty will first trade between today range in the coming sessions and prepare for next moves.
As today sessions is showing lower levels buying and higher levels therefore tommorrow follow up buying/selling will give indication that Nifty is moving up or down.
market may be volatile also today.
Nifty slipped below 4948,traded below it more than 2 hours but surged 50 points fast and again moved below 4948. As retail selling develops after disappointing news like today IIP data news therefore intraday support also seen between 4912-4925.
Nifty traded between 4912-4981 today with lower levels buying and higher levels selling therefore Nifty will first trade between today range in the coming sessions and prepare for next moves.
As today sessions is showing lower levels buying and higher levels therefore tommorrow follow up buying/selling will give indication that Nifty is moving up or down.
Mid-session Outlook(12--09-2011)
Following line was told today in Just watch Support Range(4948-5000) in Crashing Global Markets
1- "high risk of support range(4948-5000) breaking down"
2- "Nifty moving below 4948 will mean high possibility of sharp declines and retesting of 4720"
Intrtaday selling patterns at higher levels and crucial support range broken down also today. Nifty traded between 5931-4948 more than 100 minutes and slipped below 5831 also and now moving toward 4720..
1- "high risk of support range(4948-5000) breaking down"
2- "Nifty moving below 4948 will mean high possibility of sharp declines and retesting of 4720"
Intrtaday selling patterns at higher levels and crucial support range broken down also today. Nifty traded between 5931-4948 more than 100 minutes and slipped below 5831 also and now moving toward 4720..
July IIP Data 3.3 % VS 8.8%
Nifty moved below 4948 after most disappointing Numbers therefore more down moves will be seen.
Just watch Support Range(4948-5000) in Crashing Global Markets
Technical Analysis,Researches & Market Outlook(12-09-2011)
Asian markets are markets are 1.5% to 3.15% down after US market more than 2.5% down closing therefore huge gap down opening and Red closing will be seen today. Weakness,Pull Back rally termination possibility and down moves confirmation levels were told again and again in all the Mid-session Outlook outlooks last Friday and following line was also told in Pre-Closing Outlook(09-09-2011)
"As good selling developed today therefore more down moves are also possible in the coming week"
Nifty-Micro Analysis of 5 days Intra Day Chart(Sep 05 to Sep 09,2011)
Nifty-Intra Day Chart(Sep 05 to Sep 09,2011):-
Technical Patterns and Formations in last 5 sessions intraday charts
1- Support between 4948-5000
2- Resistance between 5120-5166
Conclusions
Nifty slipped from higher levels last Friday and closed below 3 days lowest. Next support is between 4948-5000 and Nifty will firstly trade and prepare for next moves between this range. All trends are down and follow up selling will mean breaking down possibility of mentioned support range.
All trends are down and on going Pull Back rally also could not moved up too much as well as stopped after less than 10% rise therefore mentioned support range should be watched for confirmation of Pull Back Rally survival. Pull Back rally started from 4720 without much base formation and above mentioned range is only support therefore It is confirm that Nifty moving below 4948 will mean high possibility of sharp declines and retesting of 4720.
Nifty-EOD Chart(09-Sep-2011):-
Nifty faced resistance between next resistance range (5120-5220) and Gap resistance(5229-5323) is also validated therefore more down moves are confirm. Mentioned support range(4948-5000) is last hope and its survival should be firstly watched for deciding the fate of Pull Back Rally and next trend.
Most depressed sentiment today morning and high risk of support range(4948-5000) breaking down as well as market may be volatile also today.
Asian markets are markets are 1.5% to 3.15% down after US market more than 2.5% down closing therefore huge gap down opening and Red closing will be seen today. Weakness,Pull Back rally termination possibility and down moves confirmation levels were told again and again in all the Mid-session Outlook outlooks last Friday and following line was also told in Pre-Closing Outlook(09-09-2011)
"As good selling developed today therefore more down moves are also possible in the coming week"
Nifty-Micro Analysis of 5 days Intra Day Chart(Sep 05 to Sep 09,2011)
Nifty-Intra Day Chart(Sep 05 to Sep 09,2011):-
 |
| Just click on chart for its enlarged view |
1- Support between 4948-5000
2- Resistance between 5120-5166
Conclusions
Nifty slipped from higher levels last Friday and closed below 3 days lowest. Next support is between 4948-5000 and Nifty will firstly trade and prepare for next moves between this range. All trends are down and follow up selling will mean breaking down possibility of mentioned support range.
All trends are down and on going Pull Back rally also could not moved up too much as well as stopped after less than 10% rise therefore mentioned support range should be watched for confirmation of Pull Back Rally survival. Pull Back rally started from 4720 without much base formation and above mentioned range is only support therefore It is confirm that Nifty moving below 4948 will mean high possibility of sharp declines and retesting of 4720.
Nifty-EOD Chart(09-Sep-2011):-
 |
| Just click on chart for its enlarged view |
Most depressed sentiment today morning and high risk of support range(4948-5000) breaking down as well as market may be volatile also today.
Indian Stock Markets Closing Reports(09-Sep-2011)
Main features of today trading are as follows
1- Long Engulfing Bearish Candle.
2- All the Indices closed in Red except CD.
3- CAG recommendation to Govt. news led weakness.
Ratios
Nifty Put Call Ratio: 1.11
Nifty P/E Ratio(09-Sep-2011): 18.26
Advances & Declines
BSE ADVANCES : 1207
BSE DECLINES : 1672
NSE ADVANCES : 502
NSE DECLINES : 929
Nifty Open Interest Changed Today
Nifty- 5000 CE(Sep)- +390900(+7.93%)
Nifty- 5000 PE(Sep)- -436000(-6.03%)
Nifty- 5100 CE(Sep)- +1504800(+34.46%)
Nifty- 5100 PE(Sep)- -24250(-0.67%)
Nifty- 5200 CE(Sep)- +1002300(+17.68%)
Nifty- 5200 PE(Sep)- +167450(+10.33%)
Closing
Nifty- closed at 5,059.45(-93.80 Points & -1.82%)
Sensex- closed at 16,866.97(-298.570 Points & -1.74% )
CNX MIDCAP - closed at 7,413.50(-99.30 Points & -1.32%)
BSE SMALL CAP- closed at 7,304.02(-55.31 Points & -0.75%)
FII & DII trading activity in Capital Market Segment on 09-Sep-2011
| ||||||||||||||||
| ||||||||||||||||
Nifty Spot-Levels & Trading Strategy for 12-09-2011
Nifty Spot-Levels
R3 5249
R2 5206
R1 5132
Avg 5089
S1 5015
S2 4972
S3 4898
Nifty Spot-Trading Strategy
H6 5176 Trgt 2
H5 5149 Trgt 1
H4 5123 Long breakout
H3 5091 Go Short
H2 5080
H1 5069
L1 5048
L2 5037
L3 5026 Long
L4 4994 Short Breakout
L5 4968 Trgt 1
L6 4941 Trgt 2
R3 5249
R2 5206
R1 5132
Avg 5089
S1 5015
S2 4972
S3 4898
Nifty Spot-Trading Strategy
H6 5176 Trgt 2
H5 5149 Trgt 1
H4 5123 Long breakout
H3 5091 Go Short
H2 5080
H1 5069
L1 5048
L2 5037
L3 5026 Long
L4 4994 Short Breakout
L5 4968 Trgt 1
L6 4941 Trgt 2
Nifty(Sep Fut)-Levels & Trading Strategy for 12-09-2011
Nifty(Sep Fut)-Levels
R3 5217
R2 5185
R1 5105
Avg 5073
S1 4993
S2 4961
S3 4881
Nifty(Sep Fut)-Trading Strategy
H6 5136 Trgt 2
H5 5111 Trgt 1
H4 5086 Long breakout
H3 5055 Go Short
H2 5045
H1 5035
L1 5014
L2 5004
L3 4994 Long
L4 4963 Short Breakout
L5 4938 Trgt 1
L6 4913 Trgt 2
Bank Nifty(Sep Fut)-Levels & Trading Strategy for 12-09-2011
Bank Nifty(Sep Fut)-Levels
R3 10192
R2 10076
R1 9867
Avg 9751
S1 9542
S2 9426
S3 9217
Bank Nifty(Sep Fut)-Trading Strategy
H6 9984 Trgt 2
H5 9911 Trgt 1
H4 9837 Long breakout
H3 9748 Go Short
H2 9718
H1 9688
L1 9629
L2 9599
L3 9569 Long
L4 9480 Short Breakout
L5 9406 Trgt 1
L6 9333 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Sep 12 to Sep 16,2011)
Nifty Spot-Weekly Levels
R3 5397
R2 5283
R1 5171
Avg 5057
S1 4945
S2 4831
S3 4719
Nifty Spot-Weekly Trading Strategy
H6 5290 Trgt 2
H5 5236 Trgt 1
H4 5183 Long breakout
H3 5121 Go Short
H2 5100
H1 5079
L1 5038
L2 5017
L3 4996 Long
L4 4934 Short Breakout
L5 4881 Trgt 1
L6 4827 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Sep 12 to Sep 16,2011)
BankNifty Spot-Weekly Levels
R3 10532
R2 10236
R1 9947
Avg 9651
S1 9362
S2 9066
S3 8777
BankNifty Spot-Weekly Trading Strategy
H6 10263 Trgt 2
H5 10121 Trgt 1
H4 9980 Long breakout
H3 9819 Go Short
H2 9766
H1 9712
L1 9605
L2 9551
L3 9498 Long
L4 9337 Short Breakout
L5 9196 Trgt 1
L6 9054 Trgt 2
Subscribe to:
Posts (Atom)