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Indian Stock Markets Closing Reports(021-Feb-2012)
1- All the Indices closed in Green.
2- Doji candle formation in both NIFTY and SENSEX.
3- S.C.judgement on 2G Scam based highly volatile market today.
Ratios
Nifty Put Call Ratio: 1.16
Nifty P/E Ratio(021-Feb-2012): 18.77
Advances & Declines
BSE Advances : 1575
BSE Declines : 1305
NSE Advances : 802
NSE Declines : 652
Nifty Open Interest Changed Today
Nifty- 5100 CE(Feb)- -284550(-12.01%)
Nifty- 5100 PE(Feb)- +1139800(+20.59%)
Nifty- 5200 CE(Feb)- -153800(-3.81%)
Nifty- 5200 PE(Feb)- +1362450(+37.71%)
Nifty- 5300 CE(Feb)- -24700(-0.42%)
Nifty- 5300 PE(Feb)- +782400(+48.77%)
Closing
Nifty- closed at 5,269.90(+34.20 Points & +0.65%)
Sensex- closed at 17,431.85(+131.27 Points & +0.76% )
CNX Midcap - closed at 7,225.90(+37.50 Points & +0.52%)
BSE Smallcap- closed at 6,608.97(+35.39 Points & +0.54%)
Nifty Spot-Levels & Trading Strategy for 03-02-2012
R3 5361
R2 5325
R1 5297
Avg 5261
S1 5233
S2 5197
S3 5169
Nifty Spot-Trading Strategy
H6 5333 Trgt 2
H5 5318 Trgt 1
H4 5304 Long breakout
H3 5286 Go Short
H2 5280
H1 5274
L1 5263
L2 5257
L3 5251 Long
L4 5233 Short Breakout
L5 5219 Trgt 1
L6 5204 Trgt 2
Nifty(Feb Fut)-Levels & Trading Strategy for 03-02-2012
R3 5371
R2 5335
R1 5304
Avg 5268
S1 5237
S2 5201
S3 5170
Nifty(Feb Fut)-Trading Strategy
H6 5341 Trgt 2
H5 5326 Trgt 1
H4 5310 Long breakout
H3 5292 Go Short
H2 5286
H1 5280
L1 5267
L2 5261
L3 5255 Long
L4 5237 Short Breakout
L5 5221 Trgt 1
L6 5206 Trgt 2
Bank Nifty(Feb Fut)-Levels & Trading Strategy for 03-02-2012
R3 10468
R2 10279
R1 10123
Avg 9934
S1 9778
S2 9589
S3 9433
Bank Nifty(Feb Fut)-Trading Strategy
H6 10319 Trgt 2
H5 10238 Trgt 1
H4 10156 Long breakout
H3 10061 Go Short
H2 10030
H1 9998
L1 9935
L2 9903
L3 9872 Long
L4 9777 Short Breakout
L5 9695 Trgt 1
L6 9614 Trgt 2
NIFTY-F&O-1st Selling of 02-02-2012-Trade
NIFTY(Feb Fut-Sell-Intraday/Positional)SL-5296-TGT-5216-CMP-5272
NIFTY(Jan Put Option-Buy-Intraday/Positional)SL-5296-TGT-5216-S.P.FOR Put-5200,53000(Feb Fut-Rates for all Options)-CMP-5272
NIFTY(Jan Put Option-Buy-Intraday/Positional)SL-5296-TGT-5216-S.P.FOR Put-5200,53000(Feb Fut-Rates for all Options)-CMP-5272
Pre-Closing Outlook(02-02-2012)
Firstly positive global news based gap up opening and after that S.C.judgement on 2G Scam based highly volatile market today with following 2 main features:-
1- Although tested 5229 but most of the time sustained above it
2- Most of the time trading between 5250-5290 with intraday mixed patterns and clear intraday selling patterns between 5272-5290.
Although lower levels support amid high volatility but sustaining above 5290 is also must for next immediate up moves. More consolidation is required for sustaining above 5290 and range of 5250-5290 will be firstly watched for next moves confirmations.
1- Although tested 5229 but most of the time sustained above it
2- Most of the time trading between 5250-5290 with intraday mixed patterns and clear intraday selling patterns between 5272-5290.
Although lower levels support amid high volatility but sustaining above 5290 is also must for next immediate up moves. More consolidation is required for sustaining above 5290 and range of 5250-5290 will be firstly watched for next moves confirmations.
Live Proofs of Our Bullish 2012 Predictions
Strong Rally in Jan 2012 but when Rally begun on 20-12-2011 then only we told on following line on 22-12-2011 in 4693 is Long Term Trend Decider for 2012:-
"2012 will prove Bullish year after all corrections completion in 2011"
Above topic was updated in mudraa.com also and anyone may verify our above statement through clicking following link also:-
http://www.mudraa.com/trading/113122/0/4693-is-long-term-trend-decider-for-2012.html
Three Bullish cross overs on 1st Feb.2012
Technical Analysis,Researches & Market Outlook for
02-02-2012
Nifty-EOD Chart(01-Feb-2012):-
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| Just click on chart for its enlarged view |
Technical Patterns and Formations in EOD charts
1- 6339 on 05-11-2010
2- 4532 on 20-12-2011
3-Nifty closing above trend Reversal 121 Sessions sideways market between 4720-5229.
4- Closing at 5235.70 on 01-02-2012
Three Bullish cross overs on 01-02-2012
1- Closing above 200 Day(SMA)-5195
2- Closing above 200 Day(EMA)-5132
3- Closing above 121 sessions sideways trading range(5229)
Conclusions from EOD chart analysis
Closing above crucial resistance levels yesterday and Our postings in our Blog are live proofs of this fact that we told for such moves dozens of times since 20-12-2011.
Strong Rally in Jan 2012 but when Rally begun on 20-12-2011 then only we told on following line on 22-12-2011 in 4693 is Long Term Trend Decider for 2012:-
"2012 will prove Bullish year after all corrections completion in 2011"
Above topic was updated in mudraa.com also and anyone may verify our above statement through clicking following link also:-
http://www.mudraa.com/trading/113122/0/4693-is-long-term-trend-decider-for-2012.html
Last formality of confirmation through sustaining above 5229 is left and after this only Bullish Indian markets will be seen in 2012 after all trends turning upward confirmations.
US markets are mre than 1% up after European markets more than 1.80% positive closing therefore expected that sentiment will be Bullish today morning but Nifty should firstly trade and sustain above 5265 for long term trend upward confirmations. As setiment may be most heated today morning therefore profit booking posibility also can not be ruled out but finally sustaining above 5229 is must for blasting bullish market in this month.
Expected that finally Nifty will give confirmation of sustaining above 5229 but has to be seen that it will happen within couple of days or after after very short term correction.
FII & DII trading activity in Capital Market Segment on 01-Feb-2012
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Indian Stock Markets Closing Reports(01-Feb-2012)
1- White Candle.
2- Closing above all crucial levels.
3- Positive closing after negative opening.
Ratios
Nifty Put Call Ratio: 0.98
Nifty P/E Ratio(01-Feb-2012): 18.66
Advances & Declines
BSE Advances : 1865
BSE Declines : 989
NSE Advances : 1031
NSE Declines : 416
Nifty Open Interest Changed Today
Nifty- 5100 CE(Feb)- -15350(-0.64%)
Nifty- 5100 PE(Feb)- +856500(+17.69%)
Nifty- 5200 CE(Feb)- -411250(-8.94%)
Nifty- 5200 PE(Feb)- +680450(+22.33%)
Nifty- 5300 CE(Feb)- +938450(+17.01%)
Nifty- 5300 PE(Feb)- +779450(+84.82%)
Closing
Nifty- closed at 5,235.70(+36.45 Points & +0.70%)
Sensex- closed at 17,300.58(+107.03 Points & +0.62% )
CNX Midcap - closed at 7,188.40(+87.85 Points & +1.24%)
BSE Smallcap- closed at 6,573.58(+110.28 Points & +1.71%)
Nifty Spot-Levels & Trading Strategy for 02-02-2012
R3 5351
R2 5297
R1 5266
Avg 5212
S1 5181
S2 5127
S3 5096
Nifty Spot-Trading Strategy
H6 5321 Trgt 2
H5 5301 Trgt 1
H4 5281 Long breakout
H3 5258 Go Short
H2 5250
H1 5242
L1 5227
L2 5219
L3 5211 Long
L4 5188 Short Breakout
L5 5168 Trgt 1
L6 5148 Trgt 2
Nifty(Feb Fut)-Levels & Trading Strategy for 02-02-2012
R3 5389
R2 5330
R1 5296
Avg 5237
S1 5203
S2 5144
S3 5110
Nifty(Feb Fut)-Trading Strategy
H6 5356 Trgt 2
H5 5334 Trgt 1
H4 5313 Long breakout
H3 5287 Go Short
H2 5279
H1 5270
L1 5253
L2 5244
L3 5236 Long
L4 5210 Short Breakout
L5 5189 Trgt 1
L6 5167 Trgt 2
Bank Nifty(Feb Fut)-Levels & Trading Strategy for 02-02-2012
R3 10293
R2 10142
R1 10057
Avg 9906
S1 9821
S2 9670
S3 9585
Bank Nifty(Feb Fut)-Trading Strategy
H6 10213 Trgt 2
H5 10157 Trgt 1
H4 10101 Long breakout
H3 10036 Go Short
H2 10015
H1 9993
L1 9950
L2 9928
L3 9907 Long
L4 9842 Short Breakout
L5 9786 Trgt 1
L6 9730 Trgt 2
Pre-Closing Outlook(01-02-2012)
Nifty is trading above 5229 after lower levels supports and last formality of sustaining above confirmation is left which will be seen in the coming couple of sessions and its possibility is high.
Mid-session Outlook-4(01-02-2012)
As soon as support developed at lower levels then it was updated and sharp surge seen after opening of European markets. First 4 hours trading range broken out force fully and it is strong indication of fresh rally.Sustaining above 5217/5229 will mean blasting up moves after all trends turning up..
Mid-session Outlook-3(01-02-2012)
Down after intraday selling at higher levels but minor support at lower levels also seen after formation of new intraday trading low therefore mixed intraday trading patterns today.
Market is preparing for next moves within sideways moves and sustaining beyond today trading range(5160-5190) will be give next moves first strong indication therefore should be firstly watched.
Market is preparing for next moves within sideways moves and sustaining beyond today trading range(5160-5190) will be give next moves first strong indication therefore should be firstly watched.
Mid-session Outlook-2(01-02-2012)
Selling confirmations at higher levels therefore down moves possibility turns higher.
Mid-session Outlook(01-02-2012)
Following lines were told in Blasting Rally after sustaining above 5229
"expected that Nifty will firstly trade between 5150-5217 and prepare for next moves and follow up buying/selling within this range will give next moves first indication and sustaining it beyond will be confirmations"
Above lines should be kept in mind for final confirmation and first indication will be after sustaining beyond today achual trading range(5168-5190) and Nifty is preparing for next moves within it for the last 3 hours.
"expected that Nifty will firstly trade between 5150-5217 and prepare for next moves and follow up buying/selling within this range will give next moves first indication and sustaining it beyond will be confirmations"
Above lines should be kept in mind for final confirmation and first indication will be after sustaining beyond today achual trading range(5168-5190) and Nifty is preparing for next moves within it for the last 3 hours.
Blasting Rally after sustaining above 5229
Technical Analysis,Researches & Market Outlook
(01-02-2012)
Nifty-EOD Chart(31-Jan-2012):-
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| Just click on chart for its enlarged view |
1- Rally is continued above rising trend line.
2- Rally closing near its top yesterday.
3- Nifty near the top of Trend Reversal 120 Sessions sideways market between 4720-5229.
4- Trend Reversal Broadening Pattern at the bottom of 14 months correction and it has also given strong support at lower levels to long term correction.
Conclusions from EOD chart analysis
Nifty above 5200 yesterday but when Nifty was below 4600 since then we projected rally and up moves more than 75 times as well as showed our full confidence in Bullish formations in above EOD Chart as well as we updated following conclusions:
More than 14 months long term correction and at its bottom huge 120 sessions above mentioned two trend reversal formations and they have complete strength to reverse whole long term correction.
Today anyone can say for rally but only we told non stop daily for that Rally which was seen in January 2012. When we told for correction of this rally then also it was seen on 30-01-2012
Nifty-Micro Analysis of 5 days Intra Day Chart
(Jan 24 to Jan 31,2012)
Nifty-Intra Day Chart(Jan 24 to Jan 31,2012):-
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| Just click on chart for its enlarged view |
1- Condolidation between 5050-5155 is last 5 days
2- Selling Formations also at higher levels.
3- Mixed Patterns between 5150-5160
4- 5 Sessions trading between 5050-5217.
Conclusions from 5 days intra day chart analysis
Resistances were as follows;-
1- 5070-5098
2- 5130-5225
3- 5260-5310
4- 5340-5375
Nifty has almost covered above mentioned first 2 resistances in last 5 sessions rally with lower levels good support but higher levels selling also within it.
Conclusions (After Putting All Studies Together)
Crucial Averages are as follows:
200-Day EMA is at-5131
200-Day SMA is at-5198(Nifty faced stiff resistance 3 times earlier)
We told only for very short term correction and it was seen on Monday and Rally is on after yesterday sharp surge. As higher levels selling in last 5 days and mixed intraday patterns also seen yesterday despite fast up moves above that therefore more consolidations are required for sustaining above the top(5217) of last 5 sessions.
Sustaining above 5217/5229 will mean blast rally after:-
1- Clearing of 3 times resistance(200-Day SMA)
2- Break out of 120 sessions trading range.
Since long telling only for strong rally above 5229 after break out and its possibility is high also but short term indicators are over bought and higher levels selling also in last 5 sessions therefore more consolidation as well as cooling down of indicators are firstly required in the coming sessions.
Expected that finally strong rally will be seen above 5229 but selling above 5150 in last 5 sessions therefore expected that Nifty will firstly trade between 5150-5217 and prepare for next moves and follow up buying/selling within this range will give next moves first indication and sustaining it beyond will be confirmations.
1- Above 5217 will mean strong rally after break out
2- Below 5150 will mean firstly short term correction and then rally after its completion.
3- Correction is completed in sideways in Bull markets therefore this possibility will also be kept in mind.
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