Nifty(Sep Fut)-Levels & Trading Strategy for 14-09-2011

Nifty(Sep Fut)-Levels

R3 5156
R2 5098
R1 5019
Avg 4961
S1 4882
S2 4824
S3 4745

Nifty(Sep Fut)-Trading Strategy

H6 5079     Trgt 2
H5 5047     Trgt 1
H4 5016     Long breakout
H3 4978     Go Short
H2 4966
H1 4953
L1 4928
L2 4915
L3 4903     Long
L4 4865     Short Breakout
L5 4834     Trgt 1
L6 4802     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 14-09-2011

Bank Nifty(Sep Fut)-Levels

R3 9838
R2 9702
R1 9522
Avg 9386
S1 9206
S2 9070
S3 8890

Bank Nifty(Sep Fut)-Trading Strategy

H6 9661     Trgt 2
H5 9588     Trgt 1
H4 9515     Long breakout
H3 9428     Go Short
H2 9399
H1 9370
L1 9313
L2 9284
L3 9255     Long
L4 9168     Short Breakout
L5 9095     Trgt 1
L6 9022     Trgt 2

Pre-Closing Outlook(13-09-2011)

Sharp slipping after intraday selling between 5020-5028 but support at lower level also between 4912-4936 after yesterday intraday buying between 4913-4928.

All trends are down and Higher levels selling today but lower levels support also at 4912 for the last 2 sessions also therefore I shall repeat following conclusive lines of yesterday Pre-Closing Outlook:-

1- Nifty will first trade between today range in the coming sessions and prepare for next moves.


2- 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 Outlook-2(13-09-2011)

As soon as selling seen and resistance developed between 5020-5028 then it was immediately updated in today Market Outlook when Nifty was trading above 5010. All trends are down,Indian markets are bearish and such down moves are very much possible after resistance formations therefore it was told well before the beginning of down moves.


Higher levels selling today and Nifty is trading between yesterday range 4912-4985. Nifty got support between 4913-4928 yesterday and slipping below 4912 will mean sharp fall.

Market Outlook(13-09-2011)

Sustained above 5000 and traded also 2 hours above but intraday resistance also seen between 5020-5028

Post-open Outlook-2(13--09-2011)

Nifty has given  sustaining above 5000 confirmation.

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.

Technical Analysis & Market Outlook(13-09-2011)

Nifty-Intra Day Chart(12-Sep-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in intraday chart

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)

Main features of today trading are as follows

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 Trading Data in Derivatives Segment on 12-Sep-2011

FII & DII trading activity in Capital Market Segment on 12-Sep-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 12-Sep-2011 1582.64 2517.38 -934.74

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 12-Sep-2011 1150.9 722.97 427.93

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

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

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

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.

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..

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):-

Just click on chart for its enlarged view

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):-

Just click on chart for its enlarged view

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.

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 Trading Data in Derivatives Segment on 09-Sep-2011

FII & DII trading activity in Capital Market Segment on 09-Sep-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 09-Sep-2011 2355.77 2783.44 -427.67

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 09-Sep-2011 1125.2 1040.13 85.07