Mid-session Outlook(11-01-2012)

Following lines were told at 05:51:00 AM today in Continuation of rally after minor correction

As mixed intra day patterns during 5 hours of trading on 10-01-2012 therefore consolidation is required and that may be seen between yesterday mixed patterns trading range also.

As was told same happened and Benchmark Indices firstly hovering around and consolidated near about yesterday closing and after that moved up. First 2 hours trading range is 4847-4864 and Nifty is trading above this range. Although some intraday volatility is expected but expected that rally will remain continued in Indian markets and next decisive up moves will be seen within couple of sessions.

Sustaining beyond 4847-4864 will be Next moves confirmation therefore should be firstly watched also in next couple of sessions because intraday selling signals at higher levels today.

Continuation of rally after minor correction

Nifty-Micro Analysis of Intra Day Chart For 11-01-2012

Nifty-Intra Day Chart(10-Jan-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Whole day up moves.
2- Mixed Patterns between 4814-4854
3- Whole day trading between 4879-4854

Conclusions from intra day chart analysis 

Long term and intermediate term trends are down while short term trend gave upward confirmation yesterday. Intermediate term trend will be up after sustaining above 5100. Long term trend and revival of bull markets hopes will be after sustaining above 200 Day EMA(today at 5148). As 200 Day SMA(today at 5251) has posed resistance 3 times earlier therefore sustaining above will be confirmation of up trend strength.

Expected that rally will remain continued but consolidation is required before each up move because multiple resistances at higher levels.As mixed intraday patterns during 5 hours of trading on 10-01-2012 therefore consolidation is required and that may be seen between yesterday mixed pattrens trading range also.

Opening will depend on global cues but expected that rally will remain continued in Indian markets and next up moves are expected within couple of sessions.

Although strong upmoves were seen on 10-Jan-2011 but it was projected more than 10 times in previous outlooks. For supports,resistances and detailed analysis just click following weekly analysis link which was updated on 07-1-2012

Bulls Will Welcome In Next Week

FII Trading Data in Derivatives Segment on 10-Jan-2012

FII & DII trading activity in Capital Market Segment on 10-Jan-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 10-Jan-2012 2782.51 2458.19 324.32

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 10-Jan-2012 1122.85 1237.96 -115.11

Indian Stock Markets Closing Reports(10-Jan-2012)

Main features of today trading are as follows

1- All the Indices closed in Green with good gains.
2- Long White Candle.
3- Market showed good strength and Nifty crossed 1st strong resistance.

Ratios

Nifty Put Call Ratio: 1.02
Nifty P/E Ratio(10-Jan-2012): 17.56

Advances & Declines

BSE Advances : 2149
BSE Declines : 687
NSE Advances : 1229
NSE Declines : 237

Nifty Open Interest Changed Today

Nifty- 4700 CE(Jan)- -411750(-13.43%)
Nifty- 4700 PE(Jan)- +1292350(+24.35%)

Nifty- 4800 CE(Jan)- -524350(-11.97%)
Nifty- 4800 PE(Jan)- +2453900(+113.80%)

Nifty- 4900 CE(Jan)- +238850(+4.80%)
Nifty- 4900 PE(Jan)- +740950(+64.12%)

Closing 

Nifty- closed at 4,849.55(+106.75 Points & +2.25%)
Sensex- closed at 16,165.09(+350.37 Points & +2.22% )
CNX Midcap - closed at 6,467.55(+151.50 Points & +2.40%)
BSE Smallcap- closed at 5,996.48(+153.95 Points & +2.63%)

Nifty Spot-Levels & Trading Strategy for 11-01-2012

Nifty Spot-Levels

R3 4967
R2 4911
R1 4880
Avg 4824
S1 4793
S2 4737
S3 4706

Nifty Spot-Trading Strategy

H6 4937     Trgt 2
H5 4917     Trgt 1
H4 4896     Long breakout
H3 4872     Go Short
H2 4864
H1 4856
L1 4841
L2 4833
L3 4825     Long
L4 4801     Short Breakout
L5 4780     Trgt 1
L6 4760     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 11-01-2012

Nifty(Jan Fut)-Levels

R3 5001
R2 4938
R1 4904
Avg 4841
S1 4807
S2 4744
S3 4710

Nifty(Jan Fut)-Trading Strategy

H6 4968     Trgt 2
H5 4946     Trgt 1
H4 4923     Long breakout
H3 4896     Go Short
H2 4887
H1 4878
L1 4861
L2 4852
L3 4843     Long
L4 4816     Short Breakout
L5 4793     Trgt 1
L6 4771     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 11-01-2012

Bank Nifty(Jan Fut)-Levels

R3 9124
R2 8949
R1 8854
Avg 8679
S1 8584
S2 8409
S3 8314

Bank Nifty(Jan Fut)-Trading Strategy

H6 9037     Trgt 2
H5 8972     Trgt 1
H4 8907     Long breakout
H3 8833     Go Short
H2 8808
H1 8783
L1 8734
L2 8709
L3 8684     Long
L4 8610     Short Breakout
L5 8545     Trgt 1
L6 8480     Trgt 2

Pre-Closing Outlook(10-01-2012)

Following line was told in Mid-session Outlook today

finally up moves above 4838 are expected

Nifty is trading above 4840 for the last half hour. Rally is on after 5 days consolidation and its continuation is expected in the coming sessions also.

Mid-session Outlook(10-01-2012)

Nifty is trading between 1st resistance range(4780-4838) since opening and trading between 4815-4832 with mixed intraday patterns for the last 2 hours today.

As trading within crucial resistance range therefore more consolidation is required for next upmoves and 4815-4832 will be watched for next moves confirmations. Although finally up moves above 4838 are expected but mentioned range will also be watched for confirmations.

Post-open Outlook(10-01-2012)

Anyone can verify from our previous outlooks that we told only and only for up moves and topic of weekly was:-

Bulls Will Welcome In Next Week

5 Sessions range forceful break out today and continuation of rally is expected.

Accumulation of Exlosives between 4687-4794 to celetrate 2012

Technical Analysis,Researches & Market Outlook 
(10-01-2012)

Nifty-Intra Day Chart(09-Jan-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Up moves in Rising trendline with support after every fall.
2- Rising trendline broken down in last hours.
3- Bullish Hammer Candle formation.
4- Whole day trading between 4698-4758

Conclusions from intra day chart analysis 

Consolidation indications from intraday patterns and Bullish Hammer candle formation also today therefore continuation of previous month begun rally hopes are alive despite most of the time negative zone trading today.

Nifty-EOD Chart(09-Jan-2011):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Sub Wave 1(upmove) begun at 4532 on 20-12-2011
2- Sub Wave 1(upmove) completed at 4800 on 27-12-2011 and Sub Wave 2(its correction) begun.
3- Sub Wave 2(corrective) completed at 4589 on 02-01-2012 and Sub Wave 3(upmove) begun.
4- 6 sessions trading betwwn 27 Sessions trading range 4687-4794

Conclusions from EOD chart analysis

Exlplosives are being accumulated between 4687-4794 and blasting moves will be seen after forceful break out or sustaining beyond this range. As both selling at higher levels and buying at lower levels therefore more preparaion is required for decisive break out and expected that Nifty will firstly trade within mentioned range.

As more consolidation signals and intraday patterns within mentioned range(4687-4794) therefore its upward break out is expected in the coming sessions and for precaution sustaining beyond this range will be watched for confirmations.

Crucial levels have already been updated in Pre-Closing Outlook(09-01-2012) therefore not being repeated.

FII Trading Data in Derivatives Segment on 09-Jan-2012

FII & DII trading activity in Capital Market Segment on 09-Jan-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 09-Jan-2012 1790.95 1827.41 -36.46

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 09-Jan-2012 583.75 554.49 29.26

Indian Stock Markets Closing Reports(09-Jan-2012)

Main features of today trading are as follows

1- Benchmark Indices closed in Red but Mid Cap and Small cap closed in Green with sullicient gains.
2- Although Benckmark Indices traded most time in Red but Small cap Index traded most time in Green and closed 1.40% positive.
3- Doji Candle Formation.

Ratios

Nifty Put Call Ratio: 0.86
Nifty P/E Ratio(09-Jan-2012): 17.18

Advances & Declines

BSE Advances : 1640
BSE Declines : 1090
NSE Advances : 925
NSE Declines : 520

Nifty Open Interest Changed Today

Nifty- 4600 CE(Jan)- +8250(+0.56%)
Nifty- 4600 PE(Jan)- +373400(+6.80%)

Nifty- 4700 CE(Jan)- +228550(+7.80%)
Nifty- 4700 PE(Jan)- +445500(+8.70%)

Nifty- 4800 CE(Jan)- +503150(+12.71%)
Nifty- 4800 PE(Jan)- +138650(+6.48%)

Closing

Nifty- closed at 4,742.80(+/-4.10 Points & -0.09%)
Sensex- closed at 15,814.72(-34.08 Points & -0.22%)
CNX Midcap - closed at 6,316.05(+40.80 Points & +0.65%)
BSE Smallcap- closed at 5,842.53(+80.92 Points & +1.40%)

Nifty Spot-Levels & Trading Strategy for 10-01-2012

Nifty Spot-Levels

R3 4831
R2 4794
R1 4768
Avg 4731
S1 4705
S2 4668
S3 4642

Nifty Spot-Trading Strategy

H6 4805     Trgt 2
H5 4791     Trgt 1
H4 4776     Long breakout
H3 4759     Go Short
H2 4753
H1 4747
L1 4736
L2 4730
L3 4724     Long
L4 4707     Short Breakout
L5 4692     Trgt 1
L6 4678     Trgt 2

Nifty(Jan Fut)-Levels & Trading Strategy for 10-01-2012

Nifty(Jan Fut)-Levels

R3 4857
R2 4817
R1 4784
Avg 4744
S1 4711
S2 4671
S3 4638

Nifty(Jan Fut)-Trading Strategy

H6 4824     Trgt 2
H5 4807     Trgt 1
H4 4791     Long breakout
H3 4771     Go Short
H2 4764
H1 4757
L1 4744
L2 4737
L3 4730     Long
L4 4710     Short Breakout
L5 4694     Trgt 1
L6 4677     Trgt 2

Bank Nifty(Jan Fut)-Levels & Trading Strategy for 10-01-2012

Bank Nifty(Jan Fut)-Levels

R3 8756
R2 8636
R1 8541
Avg 8421
S1 8326
S2 8206
S3 8111

Bank Nifty(Jan Fut)-Trading Strategy

H6 8664     Trgt 2
H5 8614     Trgt 1
H4 8564     Long breakout
H3 8505     Go Short
H2 8485
H1 8465
L1 8426
L2 8406
L3 8386     Long
L4 8327     Short Breakout
L5 8277     Trgt 1
L6 8227     Trgt 2

Pre-Closing Outlook(09-01-2012)

Indian markets are locked between supports and resistances therefore following supports and resistances were updated in previous outlooks:-

1- Support-1- 4688-4720 
2- Support-2- 4590-4625
3- Resistance-1- 4750-4780
4- Resistance-2- 4765-4778
5- Resistance-3- 4780-4838

Market will firstly prepare for next moves and take positions between 4688-4780 and slipping below 4688 will be a big blow. Crossing 4780 and sustaining above 4838 will be real sentiment boosting and confidence building for Indian markets.

Although Indian markets traded in Red whole day today but intraday patterns are showing consolidation signals therefore fresh upmoves hopes are alive despite Negative zone trading at this moment today.

Mid-session Outlook(09-01-2012)

Nifty got support between 4688-4720 and after that 75 points sharp spike in 15 minutes was seen through rumour of Reliance brothers joint projects on 06-01-2012 but market lost all the gains therefore selling same day on the back of rumour mongering can not be ruled out.

As Nifty is again trading between mentioned support range(4688-4720) since opening today therefore sustaining it beyond should be firstly watched for next moves confirmations as well as next support/resistance beyond this range are as follows which may be tested after the break out of this range;-

1- Next Support;- 4590-4625
2- Next Resistance;- 4750-4780

Nifty moved above 4720 and it is confirmation of good support between 4688-4720 ,sustaining above 4720 will be confirmation of strength and fresh upmoves also.

Post-open Outlook(09-01-2012)

Following 2 negative factors have triggered down moves today morning;-

1- Sharp 75 points surge in 15 minutes on 06-01-2012 was manipulated through rumour of Reliance brothers joint projects.
2- All the Asian markets in Red since opening therefore sentiment is weak today morning.

First support between 4688-4720 and Nifty consolidated between this range last Friday as well as trading between this range after weak opening today and this range will be firstly watched for next moves confirmations.