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Indian Stock Markets Closing Reports(10-Oct-2011)
Main features of today trading are as follows
1- Long White Candle.
2- All the Indices closed in Green except HC
3- Tested and traded more than one hour within crucial resistance range 4960-5022,follow up consolidation and sustaining above 5022 will mean strong rally .
Ratios
Nifty Put Call Ratio: 1.22
Nifty P/E Ratio(10-Oct-2011): 18.03
Advances & Declines
BSE ADVANCES : 1692
BSE DECLINES : 1095
NSE ADVANCES : 950
NSE DECLINES : 476
Nifty Open Interest Changed Today
Nifty- 4800 CE(Oct)- -690750(-24.34%)
Nifty- 4800 PE(Oct)- +642800(+9.02%)
Nifty- 4900 CE(Oct)- -1035500(-28.62%)
Nifty- 4900 PE(Oct)- +1497350(+42.11%)
Nifty- 5000 CE(Oct)- -297450(-6.66%)
Nifty- 5000 PE(Oct)- +1221450(+52.17%)
Closing
Nifty- closed at 4,979.60(+91.55 Points & +1.87%)
Sensex- closed at 16,557.23(+324.69 Points & +2.00%)
CNX MIDCAP - closed at 6,989.70(+92.75 Points & +1.35%)
BSE SMALL CAP- closed at 6,786.96(+65.41 Points & +0.97%)
Nifty Spot-Levels & Trading Strategy for 11-10-2011
Nifty Spot-Levels
R3 5128
R2 5059
R1 5019
Avg 4950
S1 4910
S2 4841
S3 4801
Nifty Spot-Trading Strategy
H6 5090 Trgt 2
H5 5064 Trgt 1
H4 5038 Long breakout
H3 5008 Go Short
H2 4998
H1 4988
L1 4969
L2 4959
L3 4949 Long
L4 4919 Short Breakout
L5 4893 Trgt 1
L6 4867 Trgt 2
R3 5128
R2 5059
R1 5019
Avg 4950
S1 4910
S2 4841
S3 4801
Nifty Spot-Trading Strategy
H6 5090 Trgt 2
H5 5064 Trgt 1
H4 5038 Long breakout
H3 5008 Go Short
H2 4998
H1 4988
L1 4969
L2 4959
L3 4949 Long
L4 4919 Short Breakout
L5 4893 Trgt 1
L6 4867 Trgt 2
Nifty(Oct Fut)-Levels & Trading Strategy for 11-10-2011
Nifty(Oct Fut)-Levels
R3 5148
R2 5076
R1 5034
Avg 4962
S1 4920
S2 4848
S3 4806
Nifty(Oct Fut)-Trading Strategy
H6 5109 Trgt 2
H5 5082 Trgt 1
H4 5055 Long breakout
H3 5024 Go Short
H2 5013
H1 5003
L1 4982
L2 4972
L3 4961 Long
L4 4930 Short Breakout
L5 4903 Trgt 1
L6 4876 Trgt 2
R3 5148
R2 5076
R1 5034
Avg 4962
S1 4920
S2 4848
S3 4806
Nifty(Oct Fut)-Trading Strategy
H6 5109 Trgt 2
H5 5082 Trgt 1
H4 5055 Long breakout
H3 5024 Go Short
H2 5013
H1 5003
L1 4982
L2 4972
L3 4961 Long
L4 4930 Short Breakout
L5 4903 Trgt 1
L6 4876 Trgt 2
Bank Nifty(Oct Fut)-Levels & Trading Strategy for 11-10-2011
Bank Nifty(Oct Fut)-Levels
R3 9502
R2 9358
R1 9274
Avg 9130
S1 9046
S2 8902
S3 8818
Bank Nifty(Oct Fut)-Trading Strategy
H6 9423 Trgt 2
H5 9369 Trgt 1
H4 9315 Long breakout
H3 9252 Go Short
H2 9231
H1 9210
L1 9169
L2 9148
L3 9127 Long
L4 9064 Short Breakout
L5 9010 Trgt 1
L6 8956 Trgt 2
R3 9502
R2 9358
R1 9274
Avg 9130
S1 9046
S2 8902
S3 8818
Bank Nifty(Oct Fut)-Trading Strategy
H6 9423 Trgt 2
H5 9369 Trgt 1
H4 9315 Long breakout
H3 9252 Go Short
H2 9231
H1 9210
L1 9169
L2 9148
L3 9127 Long
L4 9064 Short Breakout
L5 9010 Trgt 1
L6 8956 Trgt 2
Pre-Closing Outlook(10-10-2011)
Whole day good intraday consolidation today and continuation of rally expected also. Nifty tested and trading between resistance range of 4960-5022 for the last one hour and sustaining above 5022 will mean strong rally.
Expected that Nifty will finally sustaiin above 5022 after more consolidations but sustaining above 5022 will be watched first for next up moves confirmations.
Expected that Nifty will finally sustaiin above 5022 after more consolidations but sustaining above 5022 will be watched first for next up moves confirmations.
Up Moves Predictions of 05-Oct-2011 proved 100% true today
1- In Indian Stock Markets Closing Reports(05-Oct-2011):- "Intraday charts are showing consolidationa and up moves beginning are expected from next week"
2- In Technical Analysis and Research For 07-10-2011:- "whole day intraday patterns are showing consolidations therefore up moves will begin in the coming 1/2 sessions"
We always speak with those proofs which all will always accept and no one can deny.
Our 4 Years record of daily 100% accurate predictions can be verified from this Blog ,our facebook.com big Groups(more than 13000 members) and orkut.com communities also.
Proofs of 100% accurate Nifty Predictions in our Blog
continuation of rally expected in the coming week.
Following line was also told in Post-open Outlook today
finally up moves are also expected
As we told same happened and Nifty is more than 1.2% up today
We always speak with those proofs which all will always accept and no one can deny.
Our 4 Years record of 100% accurate predictions can be verified from this Blog ,our facebook.com big Groups(more than 13000 members) and orkut.com communities also.
Post-open Outlook(10-10-2011)
Following line was told in Pre-Closing Outlook on 07-10-2011:-
"As mixed trading patterns today therefore Next moves confirmation will be sustaining beyond today trading range(4862-4922)"
Today first hour trading range is 4882.05-4914.75
Dow's Futures is more than 150 points up but Asian markets are flat mixed as well as Indian markets are also trading with minor gains. Intraday patterns are showing consolidations signals at lower levels today as well as finally up moves are also expected also. Sustaining beyond 4862-4922 will be next moves confirmations.
"As mixed trading patterns today therefore Next moves confirmation will be sustaining beyond today trading range(4862-4922)"
Today first hour trading range is 4882.05-4914.75
Dow's Futures is more than 150 points up but Asian markets are flat mixed as well as Indian markets are also trading with minor gains. Intraday patterns are showing consolidations signals at lower levels today as well as finally up moves are also expected also. Sustaining beyond 4862-4922 will be next moves confirmations.
Nifty Spot-Levels & Trading Strategy for 10-10-2011
Nifty Spot-Levels
R3 4980
R2 4951
R1 4919
Avg 4890
S1 4858
S2 4829
S3 4797
Nifty Spot-Trading Strategy
H6 4949 Trgt 2
H5 4935 Trgt 1
H4 4921 Long breakout
H3 4904 Go Short
H2 4899
H1 4893
L1 4882
L2 4876
L3 4871 Long
L4 4854 Short Breakout
L5 4840 Trgt 1
L6 4826 Trgt 2
R3 4980
R2 4951
R1 4919
Avg 4890
S1 4858
S2 4829
S3 4797
Nifty Spot-Trading Strategy
H6 4949 Trgt 2
H5 4935 Trgt 1
H4 4921 Long breakout
H3 4904 Go Short
H2 4899
H1 4893
L1 4882
L2 4876
L3 4871 Long
L4 4854 Short Breakout
L5 4840 Trgt 1
L6 4826 Trgt 2
Nifty(Oct Fut)-Levels & Trading Strategy for 10-10-2011
Nifty(Oct Fut)-Levels
R3 5001
R2 4970
R1 4934
Avg 4903
S1 4867
S2 4836
S3 4800
Nifty(Oct Fut)-Trading Strategy
H6 4965 Trgt 2
H5 4950 Trgt 1
H4 4934 Long breakout
H3 4916 Go Short
H2 4910
H1 4904
L1 4891
L2 4885
L3 4879 Long
L4 4861 Short Breakout
L5 4845 Trgt 1
L6 4830 Trgt 2
R3 5001
R2 4970
R1 4934
Avg 4903
S1 4867
S2 4836
S3 4800
Nifty(Oct Fut)-Trading Strategy
H6 4965 Trgt 2
H5 4950 Trgt 1
H4 4934 Long breakout
H3 4916 Go Short
H2 4910
H1 4904
L1 4891
L2 4885
L3 4879 Long
L4 4861 Short Breakout
L5 4845 Trgt 1
L6 4830 Trgt 2
Bank Nifty(Oct Fut)-Levels & Trading Strategy for 10-10-2011
Bank Nifty(Oct Fut)-Levels
R3 9370
R2 9255
R1 9149
Avg 9034
S1 8928
S2 8813
S3 8707
Bank Nifty(Oct Fut)-Trading Strategy
H6 9267 Trgt 2
H5 9215 Trgt 1
H4 9164 Long breakout
H3 9103 Go Short
H2 9083
H1 9063
L1 9022
L2 9002
L3 8982 Long
L4 8921 Short Breakout
L5 8870 Trgt 1
L6 8818 Trgt 2
R3 9370
R2 9255
R1 9149
Avg 9034
S1 8928
S2 8813
S3 8707
Bank Nifty(Oct Fut)-Trading Strategy
H6 9267 Trgt 2
H5 9215 Trgt 1
H4 9164 Long breakout
H3 9103 Go Short
H2 9083
H1 9063
L1 9022
L2 9002
L3 8982 Long
L4 8921 Short Breakout
L5 8870 Trgt 1
L6 8818 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Oct 10 to Oct 14,2011)
Nifty Spot-Weekly Levels
R3 5158
R2 5040
R1 4964
Avg 4846
S1 4770
S2 4652
S3 4576
Nifty Spot-Weekly Trading Strategy
H6 5088 Trgt 2
H5 5041 Trgt 1
H4 4994 Long breakout
H3 4941 Go Short
H2 4923
H1 4905
L1 4870
L2 4852
L3 4834 Long
L4 4781 Short Breakout
L5 4734 Trgt 1
L6 4687 Trgt 2
R3 5158
R2 5040
R1 4964
Avg 4846
S1 4770
S2 4652
S3 4576
Nifty Spot-Weekly Trading Strategy
H6 5088 Trgt 2
H5 5041 Trgt 1
H4 4994 Long breakout
H3 4941 Go Short
H2 4923
H1 4905
L1 4870
L2 4852
L3 4834 Long
L4 4781 Short Breakout
L5 4734 Trgt 1
L6 4687 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Oct 10 to Oct 14,2011)
Bank Nifty Spot-Weekly Levels
R3 10082
R2 9707
R1 9375
Avg 9000
S1 8668
S2 8293
S3 7961
Bank Nifty Spot-Weekly Trading Strategy
H6 9784 Trgt 2
H5 9608 Trgt 1
H4 9431 Long breakout
H3 9237 Go Short
H2 9172
H1 9107
L1 8978
L2 8913
L3 8848 Long
L4 8654 Short Breakout
L5 8477 Trgt 1
L6 8301 Trgt 2
R3 10082
R2 9707
R1 9375
Avg 9000
S1 8668
S2 8293
S3 7961
Bank Nifty Spot-Weekly Trading Strategy
H6 9784 Trgt 2
H5 9608 Trgt 1
H4 9431 Long breakout
H3 9237 Go Short
H2 9172
H1 9107
L1 8978
L2 8913
L3 8848 Long
L4 8654 Short Breakout
L5 8477 Trgt 1
L6 8301 Trgt 2
Pre-Closing Outlook(07-10-2011)
Dow's Futures is more 40 points down and all the European markets also slipped from intraday higher levels and now more than .40% down. Although Indian markets slipped from higher levels but intraday patterns are not showing pure selling and are mixed as well as support also seen at lower levels between 4862-4872. As mixed trading patterns today therefore Next moves confirmation will be sustaining beyond today trading range(4862-4922)
Firstly more consolidation and then continuation of rally expected in the coming week.
Firstly more consolidation and then continuation of rally expected in the coming week.
Post-open Outlook(07-10-2011)
We told only and only for lower levels at 4720 in all the last 2 months outlooks and never gave any level below 4720 and Indian markets rebounded exactly from 4728 on 04-10-2011.
Anyone can verify above fact from our outlooks in this Blog.
As consolidation therefore we were expecting upmoves but down moves were seen due to crashing global markets. As soon as Global markets recovers then huge gap up opening and strong Indian markets seen today. We gave following resistance in Pre-open Outlook(07-10-2011):-
4879-4924(Gap of 03-10-2011)
Nifty is trading between 4890-4910 for the last 40 minutes today. Follow up buying and strong closing as well as continuation of today started rally expected after crossing of above resistance.
Anyone can verify above fact from our outlooks in this Blog.
As consolidation therefore we were expecting upmoves but down moves were seen due to crashing global markets. As soon as Global markets recovers then huge gap up opening and strong Indian markets seen today. We gave following resistance in Pre-open Outlook(07-10-2011):-
4879-4924(Gap of 03-10-2011)
Nifty is trading between 4890-4910 for the last 40 minutes today. Follow up buying and strong closing as well as continuation of today started rally expected after crossing of above resistance.
Pre-open Outlook(07-10-2011)
Strong Global markets therefore positive opening will be seen today but when there was no such cue and Indian markets closed at the lowest of the day on 05-10-2011 then we told 2 days before for today up moves and told following lines:-
1- In Technical Analysis and Research For 07-10-2011:- "whole day intraday patterns are showing consolidations therefore up moves will begin in the coming 1/2 sessions"
2- In Indian Stock Markets Closing Reports(05-Oct-2011):- "Intraday charts are showing consolidationa and up moves beginning are expected from next week"
Good consolidations as well as base formation was seen above this crucial level of 4720 in last 2 days and Global markets strong also therefore up moves will be seen today and following resistances crossing will be strong rally confirmation:-
1- 4830-4875
3- 4879-4924(Gap of 03-10-2011)
As good consolidations and base formations in last 2 sessions therefore firstly follow up buying and then Green closing after whole day positive zone trading expected today.
1- In Technical Analysis and Research For 07-10-2011:- "whole day intraday patterns are showing consolidations therefore up moves will begin in the coming 1/2 sessions"
2- In Indian Stock Markets Closing Reports(05-Oct-2011):- "Intraday charts are showing consolidationa and up moves beginning are expected from next week"
Good consolidations as well as base formation was seen above this crucial level of 4720 in last 2 days and Global markets strong also therefore up moves will be seen today and following resistances crossing will be strong rally confirmation:-
1- 4830-4875
3- 4879-4924(Gap of 03-10-2011)
As good consolidations and base formations in last 2 sessions therefore firstly follow up buying and then Green closing after whole day positive zone trading expected today.
Technical Analysis and Research For 07-10-2011
Nifty-Intra Day Chart(Oct 04 and Oct 05,2011):-
Technical Patterns and Formations in last 2 sessions intraday charts
Lower levels good consolidations and base formations between 4740-4790 in last 2 days
Nifty-Intra Day Chart(05-Oct-2011):-
Technical Patterns and Formations in today intraday charts
1- Good consolidations and base formations between 4742-4790
2- Whole day intraday consolidation patterns
3- Whole day trading between 4742-4825
Conclusions
41 sessions lowest is at 4720 and consolidations as well as base formation seen above this crucial level in last 2 days. Although Red closing on 05-10-2011 but whole day intraday patterns are showing consolidations therefore up moves will begin in the coming 1/2 sessions and range bound character(4720-5229) of last 41 sessions will remain continued in the coming week.
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| Just click on chart for its enlarged view |
Lower levels good consolidations and base formations between 4740-4790 in last 2 days
Nifty-Intra Day Chart(05-Oct-2011):-
 |
| Just click on chart for its enlarged view |
1- Good consolidations and base formations between 4742-4790
2- Whole day intraday consolidation patterns
3- Whole day trading between 4742-4825
Conclusions
41 sessions lowest is at 4720 and consolidations as well as base formation seen above this crucial level in last 2 days. Although Red closing on 05-10-2011 but whole day intraday patterns are showing consolidations therefore up moves will begin in the coming 1/2 sessions and range bound character(4720-5229) of last 41 sessions will remain continued in the coming week.
Indian Stock Markets Closing Reports(05-Oct-2011)
Main features of today trading are as follows
1- Most Indices closed near day's lowest.
2- Most Indices closed in Red except HC,FMCG,Reality and IT.
3- Intraday charts are showing consolidationa and up moves beginning are expected from next week.
Ratios
Nifty Put Call Ratio: 1.09
Nifty P/E Ratio(05-Oct-2011): 17.16
Advances & Declines
BSE ADVANCES : 1061
BSE DECLINES : 1711
NSE ADVANCES : 492
NSE DECLINES : 940
Nifty Open Interest Changed Today
Nifty- 4700 CE(Oct)- +22100(+2.13%)
Nifty- 4700 PE(Oct)- +97350(+1.31%)
Nifty- 4800 CE(Oct)- +560650(+20.09%)
Nifty- 4800 PE(Oct)- -58600(-0.90%)
Nifty- 4900 CE(Oct)- +211900(+6.36%)
Nifty- 4900 PE(Oct)- -28300(-0.96%)
Closing
Nifty- closed at 4,751.30(-20.85 Points & -0.44%)
Sensex- closed at 15,792.41(-72.45 Points & -0.46% )
CNX MIDCAP - closed at 6,821.00(-53.30 Points & -0.78%)
BSE SMALL CAP- closed at 6,644.90(-60.03 Points & -0.90%)
1- Most Indices closed near day's lowest.
2- Most Indices closed in Red except HC,FMCG,Reality and IT.
3- Intraday charts are showing consolidationa and up moves beginning are expected from next week.
Ratios
Nifty Put Call Ratio: 1.09
Nifty P/E Ratio(05-Oct-2011): 17.16
Advances & Declines
BSE ADVANCES : 1061
BSE DECLINES : 1711
NSE ADVANCES : 492
NSE DECLINES : 940
Nifty Open Interest Changed Today
Nifty- 4700 CE(Oct)- +22100(+2.13%)
Nifty- 4700 PE(Oct)- +97350(+1.31%)
Nifty- 4800 CE(Oct)- +560650(+20.09%)
Nifty- 4800 PE(Oct)- -58600(-0.90%)
Nifty- 4900 CE(Oct)- +211900(+6.36%)
Nifty- 4900 PE(Oct)- -28300(-0.96%)
Closing
Nifty- closed at 4,751.30(-20.85 Points & -0.44%)
Sensex- closed at 15,792.41(-72.45 Points & -0.46% )
CNX MIDCAP - closed at 6,821.00(-53.30 Points & -0.78%)
BSE SMALL CAP- closed at 6,644.90(-60.03 Points & -0.90%)
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