Indian Stock Markets Closing Reports(30-Dec-2011)

Main features of today trading are as follows

1- Benchmark Indices closed in Red.
2- Black Candle
3- Midcap and Small cap Indices closed in Green

Ratios

Nifty Put Call Ratio: 1.09
Nifty P/E Ratio(30-Jan-2011): 16.75

Advances & Janlines

BSE ADVANCES : 1313
BSE JanLINES : 1491
NSE ADVANCES : 689
NSE JanLINES : 729

Nifty Open Interest Changed Today

Nifty- 4600 CE(Jan)- +257100(+17.97%)
Nifty- 4600 PE(Jan)- +708250(+23.59%)

Nifty- 4700 CE(Jan)- +1017350(+39.24%)
Nifty- 4700 PE(Jan)- +184100(+7.85%)

Nifty- 4800 CE(Jan)- +706400(+27.11%)
Nifty- 4800 PE(Jan)- +51000(+3.27%)

Closing 

Nifty- closed at  4,624.30(-21.95Points & -0.47%)
Sensex- closed at  15,454.92(-89.01Points & -0.57%)
CNX MIDCAP - closed at  6,111.85(+33.45Points & +0.55%)
BSE SMALL CAP- closed at  5,550.14(+5.15Points & +0.09%)

Nifty Spot-Levels & Trading Strategy for 02-01-2012

Nifty Spot-Levels

R3 4755
R2 4722
R1 4673
Avg 4640
S1 4591
S2 4558
S3 4509

Nifty Spot-Trading Strategy

H6 4706     Trgt 2
H5 4687     Trgt 1
H4 4669     Long breakout
H3 4646     Go Short
H2 4639
H1 4631
L1 4616
L2 4608
L3 4601     Long
L4 4578     Short Breakout
L5 4560     Trgt 1
L6 4541     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 02-01-2012

Nifty(Jan Fut)-Levels

R3 4784
R2 4746
R1 4690
Avg 4652
S1 4596
S2 4558
S3 4502

Nifty( Jan  Fut)-Trading Strategy

H6 4728     Trgt 2
H5 4707     Trgt 1
H4 4685     Long breakout
H3 4659     Go Short
H2 4651
H1 4642
L1 4625
L2 4616
L3 4608     Long
L4 4582     Short Breakout
L5 4560     Trgt 1
L6 4539     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 02-01-2012

Bank Nifty( Jan  Fut)-Levels

R3 8304
R2 8216
R1 8080
Avg 7992
S1 7856
S2 7768
S3 7632

Bank Nifty( Jan  Fut)-Trading Strategy

H6 8169     Trgt 2
H5 8118     Trgt 1
H4 8067     Long breakout
H3 8005     Go Short
H2 7985
H1 7964
L1 7923
L2 7902
L3 7882     Long
L4 7820     Short Breakout
L5 7769     Trgt 1
L6 7718     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Jan 02 to Jan 06,2011)

Nifty Spot-Weekly Levels

R3 4940
R2 4870
R1 4747
Avg 4677
S1 4554
S2 4484
S3 4361

Nifty Spot-Weekly Trading Strategy 

H6 4817     Trgt 2
H5 4773     Trgt 1
H4 4730     Long breakout
H3 4677     Go Short
H2 4659
H1 4641
L1 4606
L2 4588
L3 4570     Long
L4 4517     Short Breakout
L5 4474     Trgt 1
L6 4430     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Jan 02 to Jan 06,2011)

Bank Nifty Spot-Weekly Levels

R3 8778
R2 8599
R1 8283
Avg 8104
S1 7788
S2 7609
S3 7293

Bank Nifty Spot-Weekly Trading Strategy 

H6 8465     Trgt 2
H5 8352     Trgt 1
H4 8240     Long breakout
H3 8104     Go Short
H2 8058
H1 8013
L1 7922
L2 7877
L3 7831     Long
L4 7695     Short Breakout
L5 7583     Trgt 1
L6 7470     Trgt 2

NIFTY-Jan F&O-1st Buying of 30-12-2011-Trade

NIFTY(Jan Fut-Buy-Positional)SL-4614-TGT-4684-CMP-4631

NIFTY(Jan Call Option-Buy-Positional)SL-4614-TGT-4684-S.P.FOR Call-4600,4700(Jan Fut-Rates for all Options)-CMP-4630
(No covering today)

Pre-Closing Outlook(30-12-2011)

Lower levels supports testing posibility has already been was told in  previous outlooks and immediate supports have also been given.

Although selling at higher levels but intraday support also during last one hour seen today therefore minor upmove is expected on Monday

Mid-session Outlook-2(30-12-2011)

Market moved up after opening but selling developed and Nifty could not cross next resistance as well as slipped. Next supports have been updated in previous outlooks and that will be tested now.

Mid-session Outlook(30-12-2011)

Crucial and next moves deciding levels for today have already been posted in Pre-open Outlook today and Nifty is trading between 4660-4687 since opening with minor consolidation indications but lot of consolidation is required for any sustained up move from here. Most uncertain cues from global markets therefore will be better to get confirmation through sustaining beyond following next support/resistance range:-

Support- 4602-4624
Resistance- 4680-4700

As minor consolidation indications today therefore up moves are expected and sustaining above 4700 will confirmation level.

Pre-open Outlook(30-12-2011)

Sentiment improved after good gains in US markets therefore all the Asian markets are positive and Nifty will firstly trade between 4624-4680 after Green opening today, Immediate support and resistance are as follows;-

Support- 4602-4624
Resistance- 4680-4700

As global markets are getting directions from US and European markets therefore positive mood today morning and Indian markets will prepare for next moves between 4624-4680 as well as next trend will be understood according to sustaining beyond this range.

Nifty-Micro Analysis of Intra Day Chart For 30-12-2011

Nifty-Intra Day Chart(29-dec-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 4680-4700
2- Sharp fall
3- Whole day trading between 4640-4700

Conclusions from intra day chart analysis 

All trends are already down and previous week begun rally fizzled out after intraday selling again today therefore more down moves will be seen and Nifty will test following immediate supports of the rally:-

Next immediate supports are as follows:-

1- 4602-4624
2- 4560-4590

FII Trading Data in Derivatives Segment on 29-Dec-2011

FII & DII trading activity in Capital Market Segment on 29-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 29-Dec-2011 1504.5 2520.32 -1015.82

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 29-Dec-2011 996.86 673.79 323.07

Indian Stock Markets Closing Reports(29-Dec-2011)

Main features of today trading are as follows

1- All the Indices closed in Red except Metals and Health Care.
2- Black Candle
3- Weaker Global cues led whole day negative markets.

Ratios

Nifty Put Call Ratio: 0.82
Nifty P/E Ratio(29-Dec-2011): 16.83

Advances & Janlines

BSE ADVANCES : 1151
BSE JanLINES : 1541
NSE ADVANCES : 501
NSE JanLINES : 933

Nifty Open Interest Changed Today

Nifty- 4600 CE(Jan)- +567150(+70.18%)
Nifty- 4600 PE(Jan)- +549550(+20.69%)

Nifty- 4700 CE(Jan)- +964150(+63.17%)
Nifty- 4700 PE(Jan)- -86350(-3.55%)

Nifty- 4800 CE(Jan)- +341350(+13.88%)
Nifty- 4800 PE(Jan)- -153400(-8.90%)

Closing 

Nifty- closed at 4,646.25(-59.55 Points & -1.27%)
Sensex- closed at 15,543.93(-183.92 Points & -1.170%)
CNX MIDCAP - closed at 6,078.40(-49.35 Points & -0.81%)
BSE SMALL CAP- closed at 5,544.99(-41.56 Points & -0.74%)

Nifty Spot-Levels & Trading Strategy for 30-12-2011

Nifty Spot-Levels

R3 4747
R2 4724
R1 4685
Avg 4662
S1 4623
S2 4600
S3 4561

Nifty Spot-Trading Strategy

H6 4708     Trgt 2
H5 4694     Trgt 1
H4 4680     Long breakout
H3 4663     Go Short
H2 4657
H1 4651
L1 4640
L2 4634
L3 4628     Long
L4 4611     Short Breakout
L5 4597     Trgt 1
L6 4583     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 30-12-2011

Nifty(Jan Fut)-Levels

R3 4779
R2 4753
R1 4713
Avg 4687
S1 4647
S2 4621
S3 4581

Nifty(Jan Fut)-Trading Strategy

H6 4739     Trgt 2
H5 4724     Trgt 1
H4 4709     Long breakout
H3 4691     Go Short
H2 4685
H1 4679
L1 4666
L2 4660
L3 4654     Long
L4 4636     Short Breakout
L5 4621     Trgt 1
L6 4606     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 30-12-2011

Bank Nifty(Jan Fut)-Levels

R3 8241
R2 8180
R1 8097
Avg 8036
S1 7953
S2 7892
S3 7809

Bank Nifty(Jan Fut)-Trading Strategy

H6 8158     Trgt 2
H5 8125     Trgt 1
H4 8093     Long breakout
H3 8053     Go Short
H2 8040
H1 8027
L1 8000
L2 7987
L3 7974     Long
L4 7934     Short Breakout
L5 7902     Trgt 1
L6 7869     Trgt 2

Pre-Closing Outlook(29-12-2011)

Following two lines were told in Post-open Outlook today;-

1- Nifty is trading below yesterday range between 4673-4692 since opening today
2- Nifty has to prepare for next moves and that will be done near about today trading range.

Nifty hovered around whole day above mentioned range within 4668-4700 with intraday selling patterns therefore more down moves are expected in the coming sessions.

Post-open Outlook(29-12-2011)

As weaker Global cues therefore Nifty is trading below yesterday range between 4673-4692 since opening today and minor support also seen at lower levels. Firstly breaking out and after that sustaining beyond mentioned range will be next very short term move indication. Good supports below today range and resistances also above therefore Nifty has to prepare for next moves and that will be done near about today trading range.

Global cues led down moves in last two sessions therefore sustaining below 4686(yesterday low) is must today for confirmation of next down phase.

Pull Back Rally continuation after correction completion

Nifty-Micro Analysis of Intra Day Chart For 29-12-2011

Nifty-Intra Day Chart(28-Dec-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Support between 4686-4707
2- First 5 hours falling channel pattern and after that its upward break out.
3- Selling patterns between 4715-4724
4- Most time trading between 4686-4724

Conclusions from intra day chart analysis 

Weaker Global cues led whole day negative zone trading with lower levels support and higher levels selling patterns. As first 5 hours falling channel pattern and after that its upward break out also as well as lack of much selling at  higher levels therefore it is being felt that today down moves were due to negative Asian cues and without genuine selling patterns.

All trends are down and correction of previous week begun rally is continued in this week as well as last 2 sessions intraday patterns are not suggesting genuine selling therefore no confirmation of rally termination. 

Next support is at 4700 and Nifty hovered around it today with mixed intraday patterns between 4686-4724. Expected that Ninty will firstly trade betweeen 4686-4724 and Sustaining beyond above mentioned range will decide the fate of previous week begun rally therefore will be watched first of all tomorrow.

Expected that Nifty will finally sustain above 4724 and pull back rally will remain continued after completion of very short term correction.