Nifty(Sep Fut)-Levels & Trading Strategy for 16-09-2011

Nifty(Sep Fut)-Levels

R3 5278
R2 5189
R1 5135
Avg 5046
S1 4992
S2 4903
S3 4849

Nifty(Sep Fut)-Trading Strategy

H6 5227     Trgt 2
H5 5193     Trgt 1
H4 5159     Long breakout
H3 5120     Go Short
H2 5107
H1 5094
L1 5067
L2 5054
L3 5041     Long
L4 5002     Short Breakout
L5 4968     Trgt 1
L6 4934     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 16-09-2011

Bank Nifty(Sep Fut)-Levels

R3 10182
R2 9961
R1 9817
Avg 9596
S1 9452
S2 9231
S3 9087

Bank Nifty(Sep Fut)-Trading Strategy

H6 10049    Trgt 2
H5 9961     Trgt 1
H4 9873     Long breakout
H3 9773     Go Short
H2 9739
H1 9706
L1 9639
L2 9606
L3 9572     Long
L4 9472     Short Breakout
L5 9384     Trgt 1
L6 9296     Trgt 2

Pre-Closing Outlook(1509-2011)

Following conclusive line was told before the beginning of today market in Technical Analysis,Researches & Market Outlook:-

Expected that Nifty will sustain above 5055 after fresh intraday consolidations and yesterday begun rally will remain continued.


Good supprt and consolidation at lower level. Nifty crossed and sustained above 5028(Resistance) also therefore more up moves are expected in the coming sessions and Nifty will test next resistance range 5120-5169..

Mid-session Outlook(1509-2011)

Voltale market and lower level good support also today. Nifty is hovering around mentioned resistance (5020-5028) for the last 45 minutes.

Just watch sustaining around or forceful break out of 5020-5028 for next moves confirmations.

Post-open Outlook(15--09-2011)

Following possibilities were clearly told and next up moves confirmation levels were also updated before the beginning of today in Technical Analysis,Researches & Market Outlook.

1- Sentiment heated today morning therefore profit booking and intraday voltale market possibility will be kept in mind. 
2- Next up moves confirmation will be firstly crossing 5028 and then sustaining above 5055.

Profit booking seen immediately after opening and Nifty could not trade above 5055 as well as slipped below 5028 also. Nifty is trading in Red and below mentioned 1st resistance range(5020-5028).

Weakness seen immediately after opening today and sustaining beyond mentioned 1st mentioned resistance range(5020-5028) will be next moves confirmations.

Technical Analysis,Researches & Market Outlook(15-09-2011)

Nifty-Micro Analysis of 10 days Intra Day Charts(Aug 30 to Sep 14,2011)

Nifty-Intra Day Chartt(Aug 30 to Sep 14,2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 10 sessions intraday charts

1- 3 Sessions buying between 4912-4936
2- 3 Sessions buying between 4922-4960
3- 3 Sessions selling between 5120-5169

Nifty-Micro Analysis of 2 days Intra Day Charts(Sep 13 and Sep 14,2011)

Nifty-Intra Day Chartt(Sep 13 and Sep 14,2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 2 sessions intraday charts

1- Buying between 4912-4936
2- Selling between 5020-5028

Conclusions

Strong support and base formation at lower levels in last 10 days and strong Global cues also today after yesterday sharp recovery from lower levels. Sentiment heated today morning therefore profit booking and intraday voltale market possibility will be kept in mind.

Next up moves confirmation will be firstly crossing 5028 and then sustaining above 5055. It is clear from 10 days intraday chart that no resistance between 5028-5120 therefore Sharp surge is very much possible after sustaining above 5055.

Expected that Nifty will sustain above 5055 after fresh intraday consolidations and yesterday begun rally will remain continued.

Pre-Closing Outlook(14-09-2011)

Nifty moved up sharply but could not test last 2 sessions resistance range of 5020-5028 and today high at this moment is 5017.90.

Strong up move today after lower level good consolidation as well as intraday charts of last 2 hours are also showing consolidation patterns. Fresh up moves are expected in the coming sessions if no big blow from Global markets.

Live Proof of Today Up Moves Accurate Prediction

Nifty is 65 points up but when Nifty was in Red then following lines were told today in Technical Analysis and Research(14-09-2011) :-

"intraday patterns are also suggesting consolidations today therefore Up moves from here possibilities can not be ruled out"

Daily such accurate predictions and We have its record of more 4 years also. Anyone can verify this fact from this Blog and from our orkut.com communities.

Mid-session Outlook(14-09-2011)

Although first 3 hours Indian markets intraday charts are showing consolidation patterns but Dow' Futures is 145 point down and European markets Futures are also more than 1% down therefore more confirmations are required for next moves confirmations. Indian markets are out performing Asian markets also today but next moves confirmation will be sustaining beyond 4912-4970 and should be watched first.

Technical Analysis and Research(14-09-2011)

Mid-session Outlook(14-09-2011)

Nifty-Intra Day Chart(Sep 12 & Sep 13,2011):-

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Higher levels selling but lower levels buying also in last 2 days and Nifty is trading at lower levels of last 2 sessions range since opening today between 4918-4969.
Volatile market immediately after opening and Nifty could not sustained at higher levels also but lower levels good support also today at 4918. As Nifty got support at 4912 in last sessions therefore this level break out will decide next long trend.  Slipping and sustaining below 4912 should be watched for next moves confirmation for commencement of fresh down moves. Follow up confirm support today will mean correction completion strong indication and up moves within yesterday range(4912-5028) will be seen first.

Nifty got support at 4912 in last 2 sessions and again got support a little above it today also and intraday patterns are also suggesting consolidations today therefore Up moves from here possibilities can not be ruled out.

4912-4970 break out will give next immediate moves confirmations and should be watched first.

Long Term Trend Deciding 25 Sessions Range(4720-5229)

Technical Analysis and Research

Nifty-EOD Chart(13-Sep-2011):-

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Technical Patterns and Formations in EOD charts

1- 10 Months Bearish market
2- 94 Points Gap  on 05-08-2011
3- 25 sessions range bound markets between 4720-5229

Conclusions

All trends are down and Indian markets are slipping for the last 10 months. Nifty opened 94 points gap down on 05-08-2011 and since then 25 sessions range bound markets between 4720-5229.

Markets always require completion consolidation for any rally after such big fall. Big rally started in March 2009 after lower level 5 monthe range bound consolidations. As range bound markets signals are emerging between 4720-5229 therefore this range break out will decide that 10 months long long term correction is over or not.Investment decisions,long term positions and Portfolio management should be done according to break out of mentioned range.

Nifty-Micro Analysis of Intra Day Chart For 14-09-2011

Nifty-Intra Day Chart(13-Sep-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Minor selling between 5020-5028
2- Minor buying between 4912-4936
3- Whole day trading between 4912-5028

Conclusions

All intraday positions are minor and closing is also with minor loss today. Crucial support range of 4948-5000 has been broken down but support also seen at yesterday support range(4913-4928). All trends are down and sustaining below 4912 will mean sharp fall and high possibility of 4720 retesting but freh selling rerequired for sustaining below 4912.

As both support and resistance between today trading range therefore Nifty will first trade between today range tomorrow and prepare for next moves. Follow up buying/selling will give indication that Nifty is moving up or down and sustaining beyond today range(4912-5028) will be confirmations.

FII Trading Data in Derivatives Segment on 13-Sep-2011

FII & DII trading activity in Capital Market Segment on 13-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 13-Sep-2011 1281.69 1750.1 -468.41

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 13-Sep-2011 877.27 756.08 121.19

Indian Stock Markets Closing Reports(13-Sep-2011)

Main features of today trading are as follows

1- Red closing with minor loss.
2- All the Indices closed with with minor loss/gains.
3- Sharp intraday declines.

Ratios

Nifty Put Call Ratio: 1.14
Nifty P/E Ratio(13-Sep-2011): 17.84

Advances & Declines

BSE ADVANCES : 1395
BSE DECLINES : 1422
NSE ADVANCES :  720
NSE DECLINES :  712

Nifty Open Interest Changed Today

Nifty- 4900 CE(Sep)- +60550(+1.58%)
Nifty- 4900 PE(Sep)- +94400(+1.63%)

Nifty- 5000 CE(Sep)- +1373300(+26.45%)
Nifty- 5000 PE(Sep)- +179100(+3.22%)

Nifty- 5100 CE(Sep)- +702750(+15.21%)
Nifty- 5100 PE(Sep)- -21050(-0.73%)

Closing 

Nifty- closed at 4,940.95(-5.85 Points & -0.12%)
Sensex- closed at 16,467.44(-34.30 Points & -0.21% )
CNX MIDCAP - closed at 7,240.50(+4.90 Points & +0.07%)
BSE SMALL CAP- closed at 7,169.07(+1.01 Points & +0.01%)

Nifty Spot-Levels & Trading Strategy for 14-09-2011

Nifty Spot-Levels

R3 5053
R2 5019
R1 4979
Avg 4945
S1 4905
S2 4871
S3 4831

Nifty Spot-Trading Strategy

H6 5014     Trgt 2
H5 4997     Trgt 1
H4 4980     Long breakout
H3 4960     Go Short
H2 4953
H1 4946
L1 4933
L2 4926
L3 4919     Long
L4 4899     Short Breakout
L5 4882     Trgt 1
L6 4865     Trgt 2

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