Nifty Spot-Weekly Levels & Trading Strategy(Feb 06 to Feb 10,2012)

Nifty Spot-Weekly Levels

R3 5597
R2 5443
R1 5384
Avg 5230
S1 5171
S2 5017
S3 4958

Nifty Spot-Weekly Trading Strategy 

H6 5548     Trgt 2
H5 5495     Trgt 1
H4 5442     Long breakout
H3 5383     Go Short
H2 5364
H1 5344
L1 5305
L2 5285
L3 5266     Long
L4 5207     Short Breakout
L5 5154     Trgt 1
L6 5101     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Feb 06 to Feb 10,2012)

Bank Nifty Spot-Weekly Levels

R3 11006
R2 10582
R1 10357
Avg 9933
S1 9708
S2 9284
S3 9059

Bank Nifty Spot-Weekly Trading Strategy 

H6 10824     Trgt 2
H5 10657     Trgt 1
H4 10489     Long breakout
H3 10311     Go Short
H2 10251
H1 10192
L1 10073
L2 10014
L3 9954     Long
L4 9776     Short Breakout
L5 9608     Trgt 1
L6 9441     Trgt 2

Pre-Closing Outlook(03-02-2012)

All trends upward confirmations at the weekend and blasting Bullish rally is on. Although minor down moves and very short term corrections may be seen any day after intraday selling but until complete selling patterns will not emerge till then short term correction will not be seen.  

Mid-session Outlook(03-02-2012)

Minor intraday down moves and trading between 5256-5279 seen today after Intraday selling between 5272-5289 yesterday. Minor intraday support also seen at lower levels today.

Range of 5256-5289 should be watched for next moves confitmations because mixed technical positions between this range today and yesterday.

NIFTY-Feb F&O-1st Shorting of 02-02-2012-Covering

NIFTY Feb F & O(Shorted on 02-02-2012)-Cover immediately-CMP-5286

NIFTY-Feb F&O-1st Shorting of 02-02-2012-Message

NIFTY-Feb F&O-1st Shorting of 02-02-2012-Market will be volatile therefore hold and cover after my covering message

Nifty-Micro Analysis of Intra Day Chart For 03-02-2012

Nifty-Intra Day Chart(02-Feb-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling patterns between 5272-5289.
2- High volatility after S.C.judgement on 2G Scam.
3- Doji candle formation
4- Whole day trading between 5226-5289

Conclusions from intra day chart analysis 

Intraday supports at lower leves after high volatility due to negative news of S.C.judgement on 2G Scam but clear intraday selling patterns at higher levels also therefore minor intraday correction is due and that will be seen today.

FII Trading Data in Derivatives Segment on 02-Feb-2012

FII & DII trading activity in Capital Market Segment on 02-Feb-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 02-Feb-2012 5157.5 3216.27 1941.23

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 02-Feb-2012 1488.05 2141.19 -653.14

Indian Stock Markets Closing Reports(021-Feb-2012)

Main features of today trading are as follows

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

Nifty Spot-Levels

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

Nifty(Feb Fut)-Levels

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

Bank Nifty(Feb Fut)-Levels

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

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.

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):-

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 Trading Data in Derivatives Segment on 01-Feb-2012

FII & DII trading activity in Capital Market Segment on 01-Feb-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 01-Feb-2012 4997.28 3320.79 1676.49

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 01-Feb-2012 1734.93 1767.22 -32.29

Indian Stock Markets Closing Reports(01-Feb-2012)

Main features of today trading are as follows

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

Nifty Spot-Levels

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