FII & DII trading activity in Capital Market Segment on 26-Dec-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 26-Dec-2011 547.02 433.59 113.43

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 26-Dec-2011 435.94 554.92 -118.98

Indian Stock Markets Closing Reports(26-Dec-2011)

Main features of today trading are as follows

1- All the Indices closed in Green.
2- Long White Candle.
3- More than 5 ohurs sideways trading and its break out will give strong moves.

Ratios

Nifty Put Call Ratio: 0.96
Nifty P/E Ratio(26-Dec-2011): 17.31

Advances & Declines

BSE ADVANCES : 1726
BSE DECLINES :  996
NSE ADVANCES :  958
NSE DECLINES :  470

Nifty Open Interest Changed Today

Nifty- 4700 CE(Dec)- -605500(-13.80%)
Nifty- 4700 PE(Dec)- +1512250(+28.26%)

Nifty- 4800 CE(Dec)- +923750(+15.41%)
Nifty- 4800 PE(Dec)- +1632800(+45.31%)

Closing 

Nifty- closed at 4,779(+65 Points & +1.38%)
Sensex- closed at 15,970.75(+232.05 Points & +1.47% )
CNX MIDCAP - closed at 6,235(+47.35 Points & +0.77%)
BSE SMALL CAP- closed at 5,674.83(+59.93 Points & +1.07%)

Nifty Spot-Levels & Trading Strategy for 27-12-2011

Nifty Spot-Levels

R3 4873
R2 4830
R1 4804
Avg 4761
S1 4735
S2 4692
S3 4666

Nifty Spot-Trading Strategy

H6 4848     Trgt 2
H5 4832     Trgt 1
H4 4816     Long breakout
H3 4797     Go Short
H2 4791
H1 4785
L1 4772
L2 4766
L3 4760     Long
L4 4741     Short Breakout
L5 4725     Trgt 1
L6 4709     Trgt 2

Nifty(Dec Fut)-Levels & Trading Strategy for 27-12-2011

Nifty(Dec Fut)-Levels

R3 4903
R2 4853
R1 4820
Avg 4770
S1 4737
S2 4687
S3 4654

Nifty(Dec Fut)-Trading Strategy

H6 4871     Trgt 2
H5 4851     Trgt 1
H4 4832     Long breakout
H3 4809     Go Short
H2 4802
H1 4794
L1 4779
L2 4771
L3 4764     Long
L4 4741     Short Breakout
L5 4722     Trgt 1
L6 4702     Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 27-12-2011

Bank Nifty(Dec Fut)-Levels

R3 8606
R2 8520
R1 8452
Avg 8366
S1 8298
S2 8212
S3 8144

Bank Nifty(Dec Fut)-Trading Strategy

H6 8540     Trgt 2
H5 8505     Trgt 1
H4 8469     Long breakout
H3 8427     Go Short
H2 8413
H1 8399
L1 8370
L2 8356
L3 8342     Long
L4 8300     Short Breakout
L5 8264     Trgt 1
L6 8229     Trgt 2

Pre-Closing Outlook(26-12-2011)

As last more than 5 hours trading with mixed intraday patterns between 4758-4787 therefore break out and sustaining beyond this range will be next immediate move confirmation and first of all will be watched because intraday patterns within this 29 points range have not shown clear indications yet.

As consolidation patterns minor signals therefore upward break out is expected and mentioned range(4758-4787) break out will be next moves confirmations.

Mid-session Outlook(26-12-2011)

Next resistance is between 4780-4838 and Nifty is trading just below this range for the last 4 hours between 4758-4778,break out and sustaining beyond this range will be next immediate move confirmation therefore first of all will be watched because intraday patterns within this 20 points range have not shown clear indications yet.

Although upward break out is expected but confirmation is must through break out.

Rally continued after minor correction completion

Post-open Outlook(26-12-2011)

Nifty is more than 1% up within 1st hour today and for such move following line was told in Pull Back Rally Continuation after Today Consolidations on 23-12-2011

whole day intraday pattern is suggesting consolidation formation today therefore no threat to previous week started rally and its continuation will be seen 

Expected that Rally will continue after completion of minor correction last Friday and that correction was also told one day before on 22-12-2011 in following topic:-

Continuation of Rally after Consolidation and Minor Intraday Correction

Wish you all Merry Christmas

9 Laxman Rekha(Crucial Levels) for Bullish Indian Markets

Weekly Outlook(Dec 26 to Dec 30,2011)

Nifty-EOD Chart(23-Dec-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1st impulsive wave begun on 27-10-2008 from 2252
2nd corrective wave begun on 12-06-2009 from 4693
3rd impulsive wave begun on 13-07-2009 from 3919
4th corrective wave begun on 05-11-2010 from 6338(2419 Points rally of Wave-3)

Conclusions from EOD chart analysis 

Above whole waves structure was completely at stake when Nifty slipped below 4693 but its survival signal after Nifty 2 days closing above 4693. If Nifty sustains above 4693 then it will be confirmation of last 3 years Waves structure survival and next moves of Indian markets will be understood accordingly.

All trends are down and will be up after sustaining above following levels:-

1- Short term trend will be up above 4840
2- Intermediate term trend will be up above 5099
3- Long term trend will be up above 5205(200 Day EMA level today)

Next immediate supports are as follows:-

1- 4635-4663
2- 4602-4624
2- 4560-4590

Next immediate Resistances are as follows:-

1- 4780-4838
2- 4928-4980
3- 5080-5098

Nifty-EOD Chart(23-Dec-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- 13 Months Falling Trend Line correction of Wave 4.
2- Side ways market between 4720-5229 in 91 Sessions.
3- Trend Reversal Broadening Pattern at the bottom of correction.

Conclusions from EOD chart analysis 

As trend reversal Broadening Pattern formation in 91 sessions therefore it will certainly have power to reverse 13 months correction after breaking out above rising higher trend line.


Conclusions (After Putting All Studies Together)

Up moves have just begun 3 sessions before and sustaining above following levels are also required one by one for confirmation of a decisive rally as well as Wave 5 commencement:-

1- Sustaining above 4693(Top of Wave 1)
2- Sustaining above falling lower trend line of Broadening Pattern.
3- Sustaining above 4720(Lower level of 91 sessions side ways market)
4- Sustaining above 4840 for Short term trend turning up.
5- Sustaining above 5099 for Intermediate term trend turning up.
6- Sustaining above 200 Day EMA for Long term trend turning up.
7- Sustaining above Falling Trend line from the top of Wave 3 which has given resistances 6 times in last 13 months.
8- Sustaining above 5229(Higher level of 91 sessions side ways market)
9- Sustaining above rising higher trend line of Broadening Pattern.

Although many resistances are upto 6338 but sustaining above mentioned 9 Laxman Rekhas(Levels) will be confirmation of big strength and then blasting Bullish market will be expected above 9th level..

13(Fibonacci number) Months Correction of Wave 3

Wave 3 finished and 4th corrective wave begun on 05-11-2010 and it has completed 13 months. As 13 is a Fibonacci number therefore correction completion as well as trend reversal possibility in 13th corrective month will be possible. As 91 Sessions old trend reversal Broadening Pattern formation also at the bottom of 13 months correction therefore following Bullish possibilities are very much alive;-

1- Impulsive Wave 5 beginning after completion of Wave 4 and strong rally
2- Formtions of new all time highs in the coming year/years

Weekly Outlook(Dec 26 to Dec 30,2011)

More consolidation are required in the beginning of next week but good consolidations and base formation in previous week therefore previous begun Rally will remain continued and Nifty will counter above mentioned Resistance range and finally positive next week will be seen.

Pull Back Rally Continuation after Today Consolidations

Nifty-Micro Analysis of Intra Day Chart For 26-12-2011

Nifty-Intra Day Chart(23-dec-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Five Falling Channels
2- Upside break out in last biggest Falling Channel of the day.
3- Whole day intraday consolidation pattern formation despite negtive closing today.
4- Whole day trading between 4694-4763

Conclusions from intra day chart analysis 

Pull Back rally is on and today negative closing as well as intraday correction was very much expected therefore following lines were told  yesterday in Continuation of Rally after Consolidation and Minor Intraday Correction

"minor intraday correction is firstly required and tomorrow may be consolidation day but expected that Pull Back Rally will remain continued in the next week"

Although more consolidation may be seen in the beginning of next week but whole day intraday pattern is suggesting consolidation formation today therefore no threat to previous week started rally and its continuation will be seen after completion of minor correction today. 

More topics will also be updated before the opening of next Monday market for confirmation of above given conclusion and more guidance.

Indian Stock Markets Closing Reports(23-Dec-2011)

Main features of today trading are as follows

1- Red closing.
2- Black Candle.
3- Intraday condolidation patterns therefore up moves are expected in the next week despite negative closing today.

Ratios

Nifty Put Call Ratio: 0.90
Nifty P/E Ratio(23-Dec-2011): 17.07

Advances & Declines

BSE ADVANCES : 1557
BSE DECLINES : 1211
NSE ADVANCES : 792
NSE DECLINES : 619

Nifty Open Interest Changed Today

Nifty- 4600 CE(Dec)- -243300(-8.20%)
Nifty- 4600 PE(Dec)- +659250(+10.32%)

Nifty- 4700 CE(Dec)- 81050(+1.81%)
Nifty- 4700 PE(Dec)- +1200550(+24.12%)

Nifty- 4800 CE(Dec)- +1361100(+25.13%)
Nifty- 4800 PE(Dec)- -87050(-2.21%)

Closing 

Nifty- closed at 4,714.00(-19.85 Points & -0.42%)
Sensex- closed at 15,738.70(-74.66 Points & -0.47% )
CNX MIDCAP - closed at 6,187.65(-21.10 Points & -0.34%)
BSE SMALL CAP- closed at 5,614.90(+59.40 Points & +1.07%)

FII Trading Data in Derivatives Segment on 23-Dec-2011

FII & DII trading activity in Capital Market Segment on 23-Dec-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 23-Dec-2011 1281.1 1196.83 84.27

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 23-Dec-2011 651.02 729.57 -78.55

Nifty Spot-Levels & Trading Strategy for 26-12-2011

Nifty Spot-Levels

R3 4823
R2 4793
R1 4753
Avg 4723
S1 4683
S2 4653
S3 4613

Nifty Spot-Trading Strategy

H6 4784     Trgt 2
H5 4768     Trgt 1
H4 4752     Long breakout
H3 4733     Go Short
H2 4726
H1 4720
L1 4707
L2 4701
L3 4694     Long
L4 4675     Short Breakout
L5 4659     Trgt 1
L6 4643     Trgt 2

Nifty(Dec Fut)-Levels & Trading Strategy for 26-12-2011

Nifty(Dec Fut)-Levels

R3 4847
R2 4812
R1 4766
Avg 4731
S1 4685
S2 4650
S3 4604

Nifty(Dec Fut)-Trading Strategy

H6 4801     Trgt 2
H5 4782     Trgt 1
H4 4764     Long breakout
H3 4742     Go Short
H2 4734
H1 4727
L1 4712
L2 4705
L3 4697     Long
L4 4675     Short Breakout
L5 4657     Trgt 1
L6 4638     Trgt 2

Bank Nifty(Dec Fut)-Levels & Trading Strategy for 26-12-2011

Bank Nifty(Dec Fut)-Levels

R3 8652
R2 8558
R1 8425
Avg 8331
S1 8198
S2 8104
S3 7971

Bank Nifty(Dec Fut)-Trading Strategy

H6 8520     Trgt 2
H5 8468     Trgt 1
H4 8416     Long breakout
H3 8354     Go Short
H2 8333
H1 8312
L1 8271
L2 8250
L3 8229     Long
L4 8167     Short Breakout
L5 8115     Trgt 1
L6 8063     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Dec 26 to Dec 30,2011)

Nifty Spot-Weekly Levels

R3 5039
R2 4901
R1 4807
Avg 4669
S1 4575
S2 4437
S3 4343

Nifty Spot-Weekly Trading Strategy 

H6 4955     Trgt 2
H5 4898     Trgt 1
H4 4841     Long breakout
H3 4777     Go Short
H2 4756
H1 4735
L1 4692
L2 4671
L3 4650     Long
L4 4586     Short Breakout
L5 4529     Trgt 1
L6 4472     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Dec 26 to Dec 30,2011)

Bank Nifty Spot-Weekly Levels

R3 9261
R2 8856
R1 8576
Avg 8171
S1 7891
S2 7486
S3 7206

Bank Nifty Spot-Weekly Trading Strategy 

H6 9023     Trgt 2
H5 8846     Trgt 1
H4 8668     Long breakout
H3 8480     Go Short
H2 8417
H1 8354
L1 8229
L2 8166
L3 8103     Long
L4 7915     Short Breakout
L5 7737     Trgt 1
L6 7560     Trgt 2

Pre-Closing Outlook(23-12-2011)

Following line was told yesterday in Continuation of Rally after Consolidation and Minor Intraday Correction:-

As Bearish pattern in last half hour therefore more consolidation and minor intraday correction is firstly required and tomorrow may be consolidation day

As was told yesterday all that proved 100% accurate today and Indidan markets lost all intraday gains as well as trading more than half pct down. Although market slipped from higher levels but intraday patterns are not showing pure selling patterns and consolidation indications also seen therefore same following line is being repeated which was told in above mentioned topic:-

 Pull Back Rally will remain continued in the next week

Mid-session Outlook(23-12-2011)

Dow's Futures is more than 50 points up and most of the Asian markets were also 1% to 2% up therefore Indian markets opened gap up but slipped into Red immediately after opening today and trading with minor gains  despite strong Global cues. As this intraday move was expected therefore it was told also in following topic yesterday:-

Continuation of Rally after Consolidation and Minor Intraday Correction

Minor intraday correction has already been seen immediately after opening today. As no clear patterns developed yet therefore today trading range forceful break out and sustaining beyond will be next very short term moves confirmation.