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Indian Stock Markets Closing Reports(22-Sep-2011)
Main features of today trading are as follows
1- Long Black Candle.
2- Deep Red Closing.
3- Crashing market and crucial supports broken down.
Ratios
Nifty Put Call Ratio: 1.25
Nifty P/E Ratio(22-Sep-2011): 17.78
Advances & Declines
BSE ADVANCES : 597
BSE DECLINES : 2248
NSE ADVANCES : 117
NSE DECLINES : 1348
Nifty Open Interest Changed Today
Nifty- 4900 CE(Sep)- +2372100(+95.32%)
Nifty- 4900 PE(Sep)- -760650(-10.45%)
Nifty- 5000 CE(Sep)- +1387200(+28.80%)
Nifty- 5000 PE(Sep)- -2346350(-25.19%)
Nifty- 5100 CE(Sep)- +1204100(+27.47%)
Nifty- 5100 PE(Sep)- -2566350(-45.54%)
Closing
Nifty- closed at 4,923.65(-209.60 Points & -4.08%)
Sensex- closed at 16,361.15(-704.00 Points & -4.13% )
CNX MIDCAP - closed at 7,232.60(-235.40 Points & -3.15%)
BSE SMALL CAP- closed at 7,121.52(-230.49 Points & -3.14%)
Pre-Closing Outlook(22--09-2011)
Steep fall expectation was told in yesterday Pre-Closing Outlook and also next support testing(4912-4960) possibility was also told in Mid-session Outlook today. Crashing like situation today and all crucial supports of last 31 sessions range broken down also.
Last minor support is at 4720 and until any support will not be develop till then stopping of on going down move will not be projected.
Last minor support is at 4720 and until any support will not be develop till then stopping of on going down move will not be projected.
Mid-session Outlook (22--09-2011)
Nifty got 4th time resistance between 5100-5220 in last one month,also slipped below below crucial support(5020) and now high possibility of next support testing(4912-4960).
Pre-open Outlook(22--09-2011)
Only weakness was told yesterday through following lines in Pre-Closing Outlook yesterday:-
1- Nifty traded whole day between 5110-5169 with intra day selling patterns between 5145-5169
2- Slipping below 5100 will be confirmation of again resistance from previous resistance range(5100-5120) and then steep fall will be expected.
Already higher levels intraday selling yesterday and crashing global markets today will mean gap down opening and following support ranges testing will be seen.
1-5020-5045
1-4912-4960
31 Sessions range bound markets(4720-5229) with good supports at lower levels and strong resistances at higher levels therefore targets will remain within range and sustaining beyond 31 Sessions range will be next trend confirmation.
Most depressed sentiment today morning and next moves first indication will be sustaining beyond above mentioned 1st support range(5020-5045) and that will decide that market is slipping toward next support(4960) or will consolidate within 5045-5110.
Nifty Spot-Levels & Trading Strategy for 22-09-2011
Nifty Spot-Levels
R3 5223
R2 5195
R1 5164
PIVOT 5136
S1 5105
S2 5077
S3 5046
Nifty Spot-Trading Strategy
H6 5192 Trgt 2
H5 5178 Trgt 1
H4 5165 Long breakout
H3 5149 Go Short
H2 5143
H1 5138
L1 5127
L2 5122
L3 5116 Long
L4 5100 Short Breakout
L5 5087 Trgt 1
L6 5073 Trgt 2
R3 5223
R2 5195
R1 5164
PIVOT 5136
S1 5105
S2 5077
S3 5046
Nifty Spot-Trading Strategy
H6 5192 Trgt 2
H5 5178 Trgt 1
H4 5165 Long breakout
H3 5149 Go Short
H2 5143
H1 5138
L1 5127
L2 5122
L3 5116 Long
L4 5100 Short Breakout
L5 5087 Trgt 1
L6 5073 Trgt 2
Nifty(Sep Fut)-Levels & Trading Strategy for 22-09-2011
Nifty(Sep Fut)-Levels
R3 5231
R2 5202
R1 5171
PIVOT 5142
S1 5111
S2 5082
S3 5051
Nifty(Sep Fut)-Trading Strategy
H6 5201 Trgt 2
H5 5187 Trgt 1
H4 5174 Long breakout
H3 5157 Go Short
H2 5152
H1 5146
L1 5135
L2 5130
L3 5124 Long
L4 5108 Short Breakout
L5 5094 Trgt 1
L6 5080 Trgt 2
R3 5231
R2 5202
R1 5171
PIVOT 5142
S1 5111
S2 5082
S3 5051
Nifty(Sep Fut)-Trading Strategy
H6 5201 Trgt 2
H5 5187 Trgt 1
H4 5174 Long breakout
H3 5157 Go Short
H2 5152
H1 5146
L1 5135
L2 5130
L3 5124 Long
L4 5108 Short Breakout
L5 5094 Trgt 1
L6 5080 Trgt 2
Bank Nifty(Sep Fut)-Levels & Trading Strategy for 22-09-2011
Bank Nifty(Sep Fut)-Levels
R3 10134
R2 10044
R1 9978
PIVOT 9888
S1 9822
S2 9732
S3 9666
Bank Nifty(Sep Fut)-Trading Strategy
H6 10070 Trgt 2
H5 10034 Trgt 1
H4 9998 Long breakout
H3 9955 Go Short
H2 9941
H1 9927
L1 9898
L2 9884
L3 9870 Long
L4 9827 Short Breakout
L5 9791 Trgt 1
L6 9755 Trgt 2
R3 10134
R2 10044
R1 9978
PIVOT 9888
S1 9822
S2 9732
S3 9666
Bank Nifty(Sep Fut)-Trading Strategy
H6 10070 Trgt 2
H5 10034 Trgt 1
H4 9998 Long breakout
H3 9955 Go Short
H2 9941
H1 9927
L1 9898
L2 9884
L3 9870 Long
L4 9827 Short Breakout
L5 9791 Trgt 1
L6 9755 Trgt 2
Pre-Closing Outlook(21--09-2011)
Nifty traded whole day between 5110-5169 with intra day selling patterns between 5145-5169. Indian markets slipped after opening of Europen markets and last 3 hours mixed patterns between 5110-5130.
Mixed formations therefore today trading range break out will be next moves strong indication.Slipping below 5100 will be confirmation of again resistance from previous resistance range(5100-5120) and then steep fall will be expected.
Post-open Outlook(21--09-2011)
Although US markets slipped from intraday higher levels and closed flat but Dow's Futures is more than 45 points up since opening today and sentiment maintained ahd all the Asian markets are marginally up/down today morning.
Sentiment is already strong after yesterday strong rally and no damage from global cues therefore Indian markets traded positive since opening today. Nifty is trading between strong resistance range 5130-5220 and good consolidation at lower levels as well as trding above the "neckline of Inverted Head & Shoulders(Bullish) Pattern of last 30 days". Firstly sustaining above neckline and then crossing 5220 will mean strong rally after 30 sessions consolidations.
Don't be bullish immediately and just watch sustaining above 5130 and then crossing of 5170 for next signal of upmoves. Sentiment turned good today morning and in such heated situation profit booking may also be seen as well as Nifty retraced 3 times earlier from 5120-5220 also therefore firstly watch sustaining beyond 5120-5170 for next moves confirmations.
Technical Analysis and Research For 21-09-2011
4720 Survival Today will Decide Next Long Moves & Trend
Technical Analysis,Researches & Market Outlook For 23-09-2011
Nifty-Intra Day Chart(Sep 09 to Sep 22,2011):-
Technical Patterns and Formations in last 10 sessions intraday charts
1- Support between 4912-4960
2- Nifty slipped a little below its lowest(4908) and closed within support range at 4923.
Conclusions
Technically Support range of 4912-4960 has not been broken down because Nifty closed within it yesterday but markets may be highly bearish after US market huge fall therefore deep Red trading is possible today and saving of 4720 will be watched first for stopping/continuation of next down moves confirmations.
Nifty-EOD Chart(22-Sep-2011):-
Technical Patterns and Formations in EOD charts
1- 32 sessions range bound markets between 4720-5229
2- Strong resistance between 5110-5220
3- No strong support between 4720-4908
Crucil Empty Zone between 4720-4908
Nifty did not traded between 4720-4908 during last 16 sessions and will trade between this range after gap down opening today. No support between this area and only minor support is at 4720 therefore free fall within this range is very much possible amid most depressing sentiment at present.
Conclusions
All trends are down and lowest of 32 sessions crucial supports have been tested yesterday and no noticable support of last 32 sessions left. Sustaining below 4720 will mean again free fall and then following next supports will be watched:-
1- 4538
2- 4353
3- 3919
Most dampened sentiment and any lower level is possible because Indian markets are completely bearish and all the trends are down. Market require complete consolidation and base formation for trend reversal for any sustained rally. As last 32 sessions range bound market has been its hope also therefore sustaining beyond its lowest of 4720 will be watched first of all. Global markets are melting and if Nifty sustains below 4720 then above mentioned 3 supports will be watched for stopping of on going down moves.
Breaking down of 32 sessions range will mean again deep down moves therefore 4720 survival will tell about next long trend and moves because it will decide that 32 sessions range bound market is being ended today in Bearish mode or not.
Finally expected that Nifty will get support near about 4720 and range bound market within 4720-5229 will remain continued in next week.
Nifty-EOD Chart(20-Sep-2011):-
Technical Patterns and Formations in EOD charts
1- 10 Months correction in Falling Trend line
2- 94 Points Gap on 05-08-2011
3- 30 sessions range bound markets between 4720-5229
4- Strong resistance range is 5100-5220 within last 30 days.
5- Strong support range are 4912-4960 & 5020-5045 within last 30 days.
Inverted Head & Shoulders(Bullish) Pattern in last 30 days
Nifty-EOD Chart(20-Sep-2011):-
Technical Patterns and Formations in EOD charts
1- 30 sessions range bound markets between 4720-5229
2- Inverted Head & Shoulders formation in last 30 days
3- Inverted Head & Shoulders means Bullish Trend reversal Pattern.
4- Nifty tested neckline of inverted HNS yesterday.
5- Nifty covered 1/3 of next resistance yesterday.
Conclusions
Firstly 9 months correction and after that 30 sessions range bound market(4720-5229) means cooking next long term trend in the same manner as happened in 5 months after 10 months crash of 2008. Inverted Head & Shoulders(Bullish) Pattern seen in last 30 days and Nifty countered its neckline and next resistance range(5100-5220) yesterday. Although Nifty crossed 5130(resistance) also and full strength in yesterday up moves but resistance upto 5220 is strong and market require complete consolidation to cross 5220.
Today Outlook
US markets lost all the intraday gains and closed flat to negative therefore sentiment may be depressed today morning because Asian markets intraday charts also did not showed strength yesterday. Expected that sentiment will be depressed today morning and weak opening may be seen.
Follow up consolidation is must for crossing 5220 and 5075-5130 break out will decide the strength of next resistance(5220) as well as next trend. Crossing 5220 will mean sharp surge and slipping below 5075 will mean testing of above mentioned supports
Follow up buying/selling in first 3/4 hours will give next moves confirmation from intraday charts formations and will be updated in the Mid-session Out looks.
Technical Analysis,Researches & Market Outlook For 23-09-2011
Nifty-Intra Day Chart(Sep 09 to Sep 22,2011):-
 |
| Just click on chart for its enlarged view |
1- Support between 4912-4960
2- Nifty slipped a little below its lowest(4908) and closed within support range at 4923.
Conclusions
Technically Support range of 4912-4960 has not been broken down because Nifty closed within it yesterday but markets may be highly bearish after US market huge fall therefore deep Red trading is possible today and saving of 4720 will be watched first for stopping/continuation of next down moves confirmations.
Nifty-EOD Chart(22-Sep-2011):-
 |
| Just click on chart for its enlarged view |
1- 32 sessions range bound markets between 4720-5229
2- Strong resistance between 5110-5220
3- No strong support between 4720-4908
Crucil Empty Zone between 4720-4908
Nifty did not traded between 4720-4908 during last 16 sessions and will trade between this range after gap down opening today. No support between this area and only minor support is at 4720 therefore free fall within this range is very much possible amid most depressing sentiment at present.
Conclusions
All trends are down and lowest of 32 sessions crucial supports have been tested yesterday and no noticable support of last 32 sessions left. Sustaining below 4720 will mean again free fall and then following next supports will be watched:-
1- 4538
2- 4353
3- 3919
Most dampened sentiment and any lower level is possible because Indian markets are completely bearish and all the trends are down. Market require complete consolidation and base formation for trend reversal for any sustained rally. As last 32 sessions range bound market has been its hope also therefore sustaining beyond its lowest of 4720 will be watched first of all. Global markets are melting and if Nifty sustains below 4720 then above mentioned 3 supports will be watched for stopping of on going down moves.
Breaking down of 32 sessions range will mean again deep down moves therefore 4720 survival will tell about next long trend and moves because it will decide that 32 sessions range bound market is being ended today in Bearish mode or not.
Finally expected that Nifty will get support near about 4720 and range bound market within 4720-5229 will remain continued in next week.
Nifty-EOD Chart(20-Sep-2011):-
 |
| Just click on chart for its enlarged view |
1- 10 Months correction in Falling Trend line
2- 94 Points Gap on 05-08-2011
3- 30 sessions range bound markets between 4720-5229
4- Strong resistance range is 5100-5220 within last 30 days.
5- Strong support range are 4912-4960 & 5020-5045 within last 30 days.
Inverted Head & Shoulders(Bullish) Pattern in last 30 days
Nifty-EOD Chart(20-Sep-2011):-
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| Just click on chart for its enlarged view |
1- 30 sessions range bound markets between 4720-5229
2- Inverted Head & Shoulders formation in last 30 days
3- Inverted Head & Shoulders means Bullish Trend reversal Pattern.
4- Nifty tested neckline of inverted HNS yesterday.
5- Nifty covered 1/3 of next resistance yesterday.
Conclusions
Firstly 9 months correction and after that 30 sessions range bound market(4720-5229) means cooking next long term trend in the same manner as happened in 5 months after 10 months crash of 2008. Inverted Head & Shoulders(Bullish) Pattern seen in last 30 days and Nifty countered its neckline and next resistance range(5100-5220) yesterday. Although Nifty crossed 5130(resistance) also and full strength in yesterday up moves but resistance upto 5220 is strong and market require complete consolidation to cross 5220.
Today Outlook
US markets lost all the intraday gains and closed flat to negative therefore sentiment may be depressed today morning because Asian markets intraday charts also did not showed strength yesterday. Expected that sentiment will be depressed today morning and weak opening may be seen.
Follow up consolidation is must for crossing 5220 and 5075-5130 break out will decide the strength of next resistance(5220) as well as next trend. Crossing 5220 will mean sharp surge and slipping below 5075 will mean testing of above mentioned supports
Follow up buying/selling in first 3/4 hours will give next moves confirmation from intraday charts formations and will be updated in the Mid-session Out looks.
FII & DII trading activity in Capital Market Segment on 20-Sep-2011
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Indian Stock Markets Closing Reports(20-Sep-2011)
Main features of today trading are as follows
1- Long White Candle.
2- Green Closing.
3- All the Indices closed in Green and most with good gains.
Ratios
Nifty Put Call Ratio: 1.18
Nifty P/E Ratio(20-Sep-2011): 18.56
Advances & Declines
BSE ADVANCES : 1838
BSE DECLINES : 977
NSE ADVANCES : 989
NSE DECLINES : 441
Nifty Open Interest Changed Today
Nifty- 5000 CE(Sep)- -408350(-7.09%)
Nifty- 5000 PE(Sep)- +1465350(+18.29%)
Nifty- 5100 CE(Sep)- -555550(-10.13%)
Nifty- 5100 PE(Sep)- +1898450(+50.30%)
Nifty- 5200 CE(Sep)- +546050(+8.72%)
Nifty- 5200 PE(Sep)- +1277350(+74.71%)
Closing
Nifty- closed at 5,140.20(+108.25 Points & +2.15%)
Sensex- closed at 17,099.28(+353.93 Points & +2.11% )
CNX MIDCAP - closed at 7,391.50(+59.65 Points & +0.81%)
BSE SMALL CAP- closed at 7,300.17(+88.64 Points & +1.23%)
Accurate global sentiment recovery prediction at 01:34 AM Today
when Dow closed 108 points down at 01:30 AM and all the European markets closed in deep Red and sentiment was completely depressed then following line was told for Global markets sentiment in this Blog at 01:34 AM today
"global sentiment recovery is also expected today"
As was told for global sentiment,same happened today and Dow Futures was 60 points down in the morning today but recovered and 100 points up at this moment as we;ll as all the European markets are also 1.2% to 2.35% positive at this moment.
"global sentiment recovery is also expected today"
As was told for global sentiment,same happened today and Dow Futures was 60 points down in the morning today but recovered and 100 points up at this moment as we;ll as all the European markets are also 1.2% to 2.35% positive at this moment.
Proofs of Up Moves Prediction at 01:34 AM Today
More than 2% sharp rally seen in Indian markets today but when Dow closed 108 points down at 01:30 AM then positives market in following line was told only and only in this Blog at 01:34 AM today :-
As yesterday intraday good support at lower levels and global sentiment recovery is also expected today therefore yesterday range upward break out possibility can not be ruled out now.
As yesterday intraday good support at lower levels and global sentiment recovery is also expected today therefore yesterday range upward break out possibility can not be ruled out now.
Pre-Closing Outlook(20-09-2011)
Good consolidation yesterday and today patterns are also showing good consolidation formations. Trading at present between strong resistance range(5100-5130) but above it also multiple resistances upto 5220.
As good consolidation today also therefore crossing and sustaining above 5130 possibility is high now.
As good consolidation today also therefore crossing and sustaining above 5130 possibility is high now.
Mid-session Outlook-3(20-09-2011)
Dow Futures was 60 points down in the morning but recovered and 20 points up at this moment. All the European markets also moved up from lower levels today and now .75% to 1.75% positive at this moment.
Yesterday good support at lower levels and rally is continued because sentiment also improved today. Nifty is trading between strong resistance range(5100-5220) abd good consolidation is reqiuired within it for every rise.
Good selling was seen between 5100-5130 on 18-09-2011 and sustaining above 5130 will be first strong indication of up moves.
Mid-session Outlook-2(20-09-2011)
Good selling was between 5100-5130 on 18-09-2011 and sustaining above 5130 will be first step toward any up move and market require complete consolidation for crossing and sustaining above 5130. As strong resistances between 5120-5220 therefore follow up consolidation is must for any decisive rally.
Although profit booking signals emerged between 5085-5095 today but good lower level buying also seen yesterday and today therefore firstly sustaining beyond 5085-5095 today will be next moves first strong indication and should be watched first of all today.
Mid-session Outlook(20-09-2011)
Profit booking signals emerging between 5085-5095 today and sustaining beyond this range will be watched first..
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