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Indian Stock Markets Closing Reports(08-Feb-2012)
Main features of today trading are as follows
1- All the Indices closed in Green except BANKEX and HC.
2- Volatile market near about last 2 sessions range.
3- White Candle.
Ratios
Nifty Put Call Ratio:1.19
Nifty P/E Ratio(08-Feb-2012):19.14
Advances & Declines
BSE Advances : 1734
BSE Declines : 1162
NSE Advances : 932
NSE Declines : 522
Nifty Open Interest Changed Today
Nifty- 5200 CE(Feb)- +13200(+0.42%)
Nifty- 5200 PE(Feb)- +442800(+6.03%)
Nifty- 5300 CE(Feb)- +152100(+3.64%)
Nifty- 5300 PE(Feb)- +864550(+16.91%)
Nifty- 5400 CE(Feb)- +179800(+3.05%)
Nifty- 5400 PE(Feb)- +639400(+24.59%)
Closing
Nifty- closed at 5,368.15(+33 Points & +0.62%)
Sensex- closed at 17,707.32(+84.87 Points & +0.48%)
CNX Midcap - closed at 7,435.50(+80.35 Points & +1.09%)
BSE Smallcap- closed at 6,812.15(+60.17 Points & +0.89%)
1- All the Indices closed in Green except BANKEX and HC.
2- Volatile market near about last 2 sessions range.
3- White Candle.
Ratios
Nifty Put Call Ratio:1.19
Nifty P/E Ratio(08-Feb-2012):19.14
Advances & Declines
BSE Advances : 1734
BSE Declines : 1162
NSE Advances : 932
NSE Declines : 522
Nifty Open Interest Changed Today
Nifty- 5200 CE(Feb)- +13200(+0.42%)
Nifty- 5200 PE(Feb)- +442800(+6.03%)
Nifty- 5300 CE(Feb)- +152100(+3.64%)
Nifty- 5300 PE(Feb)- +864550(+16.91%)
Nifty- 5400 CE(Feb)- +179800(+3.05%)
Nifty- 5400 PE(Feb)- +639400(+24.59%)
Closing
Nifty- closed at 5,368.15(+33 Points & +0.62%)
Sensex- closed at 17,707.32(+84.87 Points & +0.48%)
CNX Midcap - closed at 7,435.50(+80.35 Points & +1.09%)
BSE Smallcap- closed at 6,812.15(+60.17 Points & +0.89%)
Nifty Spot-Levels & Trading Strategy for 08-02-2012
Nifty Spot-Levels
R3 5482
R2 5447
R1 5391
Avg 5356
S1 5300
S2 5265
S3 5209
Nifty Spot-Trading Strategy
H6 5426 Trgt 2
H5 5405 Trgt 1
H4 5385 Long breakout
H3 5360 Go Short
H2 5351
H1 5343
L1 5326
L2 5318
L3 5309 Long
L4 5284 Short Breakout
L5 5264 Trgt 1
L6 5243 Trgt 2
R3 5482
R2 5447
R1 5391
Avg 5356
S1 5300
S2 5265
S3 5209
Nifty Spot-Trading Strategy
H6 5426 Trgt 2
H5 5405 Trgt 1
H4 5385 Long breakout
H3 5360 Go Short
H2 5351
H1 5343
L1 5326
L2 5318
L3 5309 Long
L4 5284 Short Breakout
L5 5264 Trgt 1
L6 5243 Trgt 2
Nifty(Feb Fut)-Levels & Trading Strategy for 09-02-2012
Nifty(Feb Fut)-Levels
R3 5508
R2 5466
R1 5427
Avg 5385
S1 5346
S2 5304
S3 5265
Nifty(Feb Fut)-Trading Strategy
H6 5469 Trgt 2
H5 5451 Trgt 1
H4 5432 Long breakout
H3 5410 Go Short
H2 5402
H1 5395
L1 5380
L2 5373
L3 5365 Long
L4 5343 Short Breakout
L5 5324 Trgt 1
L6 5306 Trgt 2
R3 5508
R2 5466
R1 5427
Avg 5385
S1 5346
S2 5304
S3 5265
Nifty(Feb Fut)-Trading Strategy
H6 5469 Trgt 2
H5 5451 Trgt 1
H4 5432 Long breakout
H3 5410 Go Short
H2 5402
H1 5395
L1 5380
L2 5373
L3 5365 Long
L4 5343 Short Breakout
L5 5324 Trgt 1
L6 5306 Trgt 2
Bank Nifty(Feb Fut)-Levels & Trading Strategy for 09-02-2012
Bank Nifty(Feb Fut)-Levels
R3 10685
R2 10563
R1 10452
Avg 10330
S1 10219
S2 10097
S3 9986
Bank Nifty(Feb Fut)-Trading Strategy
H6 10577 Trgt 2
H5 10523 Trgt 1
H4 10469 Long breakout
H3 10405 Go Short
H2 10383
H1 10362
L1 10319
L2 10298
L3 10276 Long
L4 10212 Short Breakout
L5 10158 Trgt 1
L6 10104 Trgt 2
R3 10685
R2 10563
R1 10452
Avg 10330
S1 10219
S2 10097
S3 9986
Bank Nifty(Feb Fut)-Trading Strategy
H6 10577 Trgt 2
H5 10523 Trgt 1
H4 10469 Long breakout
H3 10405 Go Short
H2 10383
H1 10362
L1 10319
L2 10298
L3 10276 Long
L4 10212 Short Breakout
L5 10158 Trgt 1
L6 10104 Trgt 2
Post-closing Report(08-02-2012)
Again selling today also between last 2 sessions selling range(5365-5389) and again Nifty could not sustain above 5389 therefore short term and deeper correction possibility has increased today.
Mid-session Outlook(08-02-2012)
Yesterday technicals positions are as follows:-
1- Selling between 5368-5386
2- Mixed Patterns between 5323-5338
First 2 hours trading range today is- 5335.75-5387.05
Selling betweeen 5365-5389 in last 2 sessions and sustaining above will mean fresh up moves after completion of very short term correction. As today up moves are after lower levels support therefore this possibility is alive if market consolidates today between last 2 sessions Selling range(5368-5386).As Nifty is trading between this range(5368-5386) therefore cross over of this range should be seen firstly used for next moves first indication.
1- Selling between 5368-5386
2- Mixed Patterns between 5323-5338
First 2 hours trading range today is- 5335.75-5387.05
Selling betweeen 5365-5389 in last 2 sessions and sustaining above will mean fresh up moves after completion of very short term correction. As today up moves are after lower levels support therefore this possibility is alive if market consolidates today between last 2 sessions Selling range(5368-5386).As Nifty is trading between this range(5368-5386) therefore cross over of this range should be seen firstly used for next moves first indication.
Nifty-Micro Analysis of Intra Day Chart For 08-02-2012
Nifty-Intra Day Chart(07-Feb-2011):-
1- Selling between 5368-5386
2- Mixed Patterns between 5323-5338
3- Whole day trading between 5324-5398
As intraday selling between 5365-5389 on 06-02-2012 therefore folowing lines were told for 07-02-2012 market on 06-02-2012 in very short term correction on 07-02-2012:-
1- "very short term correction and slipping below today trading lows(5330) is expected"
2- "As intraday selling at higher levels therefore consolidation and sustaining above 5389 is must for next up moves confirmations"
Our above both projections proved 100% accurate;-
Nifty could not sustain above 5389 and slipped below 5330 as well as formed intraday low at 5313.35 on 07-02-2012
Intraday selling again seen between 5368-5386 on 07-02-2012 therefore the range of 5365-5389 become stronger resistance. All trends are up and Indian markets are in the hands of Bulls as well as last one hour trading with intraday mixed patterns also seen between 5323-5338 on 07-02-2012 therefore sustaining beyond 5323-5338 should be firstly watched for following conclusions:-
1- Sustaining above 5338 will mean high possibility of correction between sideways market.
2- Sustaining below 5323 will mean short term and deeper correction to test minimum next first support near 5250. As heated overbought market and indicators have also started to show divergences therefore Short Term correction is due and its posibility has turned higher today.
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| Just click on chart for its enlarged view |
Technical Patterns and Formations in today intraday charts
1- Selling between 5368-5386
2- Mixed Patterns between 5323-5338
3- Whole day trading between 5324-5398
Conclusions from intra day chart analysis
As intraday selling between 5365-5389 on 06-02-2012 therefore folowing lines were told for 07-02-2012 market on 06-02-2012 in very short term correction on 07-02-2012:-
1- "very short term correction and slipping below today trading lows(5330) is expected"
2- "As intraday selling at higher levels therefore consolidation and sustaining above 5389 is must for next up moves confirmations"
Our above both projections proved 100% accurate;-
Nifty could not sustain above 5389 and slipped below 5330 as well as formed intraday low at 5313.35 on 07-02-2012
Intraday selling again seen between 5368-5386 on 07-02-2012 therefore the range of 5365-5389 become stronger resistance. All trends are up and Indian markets are in the hands of Bulls as well as last one hour trading with intraday mixed patterns also seen between 5323-5338 on 07-02-2012 therefore sustaining beyond 5323-5338 should be firstly watched for following conclusions:-
1- Sustaining above 5338 will mean high possibility of correction between sideways market.
2- Sustaining below 5323 will mean short term and deeper correction to test minimum next first support near 5250. As heated overbought market and indicators have also started to show divergences therefore Short Term correction is due and its posibility has turned higher today.
FII & DII trading activity in Capital Market Segment on 07-Feb-2012
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Indian Stock Markets Closing Reports(07-Feb-2012)
Main features of today trading are as follows
1- Red closing of Benchmark Indices except BANKEX.
2- Engulfing Bearish Candle.
3- Selling at higher levels.
Ratios
Nifty Put Call Ratio:1.19
Nifty P/E Ratio(07-Feb-2012):19.02
Advances & Declines
BSE Advances : 1235
BSE Declines : 1650
NSE Advances : 522
NSE Declines : 934
Nifty Open Interest Changed Today
Nifty- 5200 CE(Feb)- +49500(+1.57%)
Nifty- 5200 PE(Feb)- +378100(+5.25%)
Nifty- 5300 CE(Feb)- -280500(-6.22%)
Nifty- 5300 PE(Feb)- +832800(+18.53%)
Nifty- 5400 CE(Feb)- +577050(+10.65%)
Nifty- 5400 PE(Feb)- +683450(+34.92%)
Closing
Nifty- closed at 5,335.15(-26.50 Points & -0.49%)
Sensex- closed at 17,622.45(-84.86 Points & -0.48%)
CNX Midcap - closed at 7,355.15(-78.80 Points & -1.06%)
BSE Smallcap- closed at 6,073.11(-49.46 Points & -0.81%)
1- Red closing of Benchmark Indices except BANKEX.
2- Engulfing Bearish Candle.
3- Selling at higher levels.
Ratios
Nifty Put Call Ratio:1.19
Nifty P/E Ratio(07-Feb-2012):19.02
Advances & Declines
BSE Advances : 1235
BSE Declines : 1650
NSE Advances : 522
NSE Declines : 934
Nifty Open Interest Changed Today
Nifty- 5200 CE(Feb)- +49500(+1.57%)
Nifty- 5200 PE(Feb)- +378100(+5.25%)
Nifty- 5300 CE(Feb)- -280500(-6.22%)
Nifty- 5300 PE(Feb)- +832800(+18.53%)
Nifty- 5400 CE(Feb)- +577050(+10.65%)
Nifty- 5400 PE(Feb)- +683450(+34.92%)
Closing
Nifty- closed at 5,335.15(-26.50 Points & -0.49%)
Sensex- closed at 17,622.45(-84.86 Points & -0.48%)
CNX Midcap - closed at 7,355.15(-78.80 Points & -1.06%)
BSE Smallcap- closed at 6,073.11(-49.46 Points & -0.81%)
Nifty Spot-Levels & Trading Strategy for 08-02-2012
Nifty Spot-Levels
R3 5482
R2 5447
R1 5391
Avg 5356
S1 5300
S2 5265
S3 5209
Nifty Spot-Trading Strategy
H6 5426 Trgt 2
H5 5405 Trgt 1
H4 5385 Long breakout
H3 5360 Go Short
H2 5351
H1 5343
L1 5326
L2 5318
L3 5309 Long
L4 5284 Short Breakout
L5 5264 Trgt 1
L6 5243 Trgt 2
R3 5482
R2 5447
R1 5391
Avg 5356
S1 5300
S2 5265
S3 5209
Nifty Spot-Trading Strategy
H6 5426 Trgt 2
H5 5405 Trgt 1
H4 5385 Long breakout
H3 5360 Go Short
H2 5351
H1 5343
L1 5326
L2 5318
L3 5309 Long
L4 5284 Short Breakout
L5 5264 Trgt 1
L6 5243 Trgt 2
Nifty(Feb Fut)-Levels & Trading Strategy for 08-02-2012
Nifty(Feb Fut)-Levels
R3 5473
R2 5443
R1 5399
Avg 5369
S1 5325
S2 5295
S3 5251
Nifty(Feb Fut)-Trading Strategy
H6 5429 Trgt 2
H5 5412 Trgt 1
H4 5395 Long breakout
H3 5375 Go Short
H2 5368
H1 5361
L1 5348
L2 5341
L3 5334 Long
L4 5314 Short Breakout
L5 5297 Trgt 1
L6 5280 Trgt 2
R3 5473
R2 5443
R1 5399
Avg 5369
S1 5325
S2 5295
S3 5251
Nifty(Feb Fut)-Trading Strategy
H6 5429 Trgt 2
H5 5412 Trgt 1
H4 5395 Long breakout
H3 5375 Go Short
H2 5368
H1 5361
L1 5348
L2 5341
L3 5334 Long
L4 5314 Short Breakout
L5 5297 Trgt 1
L6 5280 Trgt 2
Bank Nifty(Feb Fut)-Levels & Trading Strategy for 08-02-2012
Bank Nifty(Feb Fut)-Levels
R3 10643
R2 10544
R1 10437
Avg 10338
S1 10231
S2 10132
S3 10025
Bank Nifty(Feb Fut)-Trading Strategy
H6 10537 Trgt 2
H5 10490 Trgt 1
H4 10443 Long breakout
H3 10386 Go Short
H2 10367
H1 10348
L1 10311
L2 10292
L3 10273 Long
L4 10216 Short Breakout
L5 10169 Trgt 1
L6 10122 Trgt 2
R3 10643
R2 10544
R1 10437
Avg 10338
S1 10231
S2 10132
S3 10025
Bank Nifty(Feb Fut)-Trading Strategy
H6 10537 Trgt 2
H5 10490 Trgt 1
H4 10443 Long breakout
H3 10386 Go Short
H2 10367
H1 10348
L1 10311
L2 10292
L3 10273 Long
L4 10216 Short Breakout
L5 10169 Trgt 1
L6 10122 Trgt 2
Pre-Closing Outlook(07-02-2012)
Only Intraday volatility was expected and only it was seen whole day. Market is almost flat after minor higher levels selling signals. Selling between 5365-5389 was seen yesterday and Nifty slipped below it after more than 4 hours trading between this range as well as higher levels selling formations also today.
Very short term correction possibility is turning higher today
Very short term correction possibility is turning higher today
Mid-session Outlook(07-02-2012)
News based(GDP data and STT reduction news) based volatile markets today after higher levels selling. Although sharp surge but whole up moves nullified within half hour.
Such volatilty for triggering of Stop Loss was perceived before opening of Indian markets therefore we covered our shorting positions at at par rates without waiting for SL triggering.
Mixed intraday positions therefore sustaining beyond 5330-5400 will be next moves confirmations and should be firstly watched.
Such volatilty for triggering of Stop Loss was perceived before opening of Indian markets therefore we covered our shorting positions at at par rates without waiting for SL triggering.
Mixed intraday positions therefore sustaining beyond 5330-5400 will be next moves confirmations and should be firstly watched.
NIFTY-Feb F&O-1st Shorting of 06-02-2012-Covering
NIFTY-Feb F&O-1st Shorting of 06-02-2012-Global markets mixed & STT Reduction news. Market will be volatile therefore cover immediately after opening(Lalit39)
very short term correction on 07-02-2012
Nifty-Micro Analysis of Intra Day Chart For 07-02-2012
Nifty-Intra Day Chart(06-Feb-2012):-
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| Just click on chart for its enlarged view |
Technical Patterns and Formations in today intraday charts
1- Selling between 5365-5389
2- Whole day trading between 5330-5389
Conclusions from intra day chart analysis
Selling at higher levels today therefore very short term correction and slipping below today trading lows(5330) is expected and follow up buying/selling will decide the life and depth of correction tomorrow. As intraday selling at higher levels therefore consolidation and sustaining above 5389 is must for next up moves confirmations.
FII & DII trading activity in Capital Market Segment on 06-Feb-2012
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Indian Stock Markets Closing Reports(06-Feb-2012)
1- All the Indices closed in Green except HC.
2- Hanging Man/Dragonfly Doji Bearish Candle formations
3- Intraday charts are suggesting selling at higher levels.
Ratios
Nifty Put Call Ratio:1.16
Nifty P/E Ratio(01-Feb-2012):19.13
Advances & Declines
BSE Advances : 1852
BSE Declines : 1064
NSE Advances : 974
NSE Declines : 486
Nifty Open Interest Changed Today
Nifty- 5200 CE(Feb)- -162450(-4.87%)
Nifty- 5200 PE(Feb)- +1324350(+21.74%)
Nifty- 5300 CE(Feb)- -58200(-1.19%)
Nifty- 5300 PE(Feb)- +1412500(+44.32%)
Nifty- 5400 CE(Feb)- +720800(+15.19%)
Nifty- 5400 PE(Feb)- +912100(+76.77%)
Closing
Nifty- closed at 5,361.65(+35.80 Points & +0.67%)
Sensex- closed at 17,707.31(+102.35 Points & +0.58%)
CNX Midcap - closed at 7,433.95(+109.80 Points & +1.50%)
BSE Smallcap- closed at 6,781.93(+95.38 Points & +1.43%)
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