Long Term Trend Saviour 200-Day SMA(today at 5151)

Nifty-Intra Day Chart(28-Mar-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5215-5236
2- Down moves in Falling Channels
3- Whole day trading between 51670-5236

Conclusions from intra day chart analysis 

Although whole day negative zone trading today and higher levels selling also but intraday patterns are showing consolidation formations. As consolidations and base formations were seen in both previous sessions also therefore rally continuation is expected after correction completion near about or above 200-Day SMA(today at 5151).

US markets are more than .75% down at this moment therefore initial weakness is possible tomorrow morning and Nifty may slip below previous strong support(5172) also but finally rally is expected because last 3 sessions intraday consolidations patterns.

Only sustaining beyond Long term trend decider 200-Day SMA(today at 5151) should be firstly watched tomorrow and expected that it will prove Long Term Trend Saviour.

FII Trading Data in Derivatives Segment on 28-Mar-2012

FII & DII trading activity in Capital Market Segment on 28-Mar-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 28-Mar-2012 2863.56 3011.62 -148.06

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 28-Mar-2012 895.94 822.91 73.03

Indian Stock Markets Closing Reports(28-Mar-2012)

Main features of today trading are as follows

1- All the Indices closed in Red except HC and FMCG.
2- Black Candle.
3- Whole day weakness after negative opening.

Ratios

Nifty Put Call Ratio: 0.95
Nifty P/E Ratio(28-Mar-2012): 18.36

Advances & Declines

BSE Advances :  830
BSE Declines : 2099
NSE Advances :  354
NSE Declines : 1113

Nifty Open Interest Changed Today

Nifty- 5100 CE(Mar)- +352650(+26.68%)
Nifty- 5100 PE(Mar)- +1406050(+15.74%)

Nifty- 5200 CE(Mar)- +60350(+1.17%)
Nifty- 5200 PE(Mar)- -168550(-2.63%)

Nifty- 5300 CE(Mar)- +1380400(+26.04%)
Nifty- 5300 PE(Mar)- -1196900(-29.20%)

Closing 

Nifty- closed at 5,194.75(-48.40 Points & -0.92%)
Sensex- closed at 17,121.62(-135.74 Points & -0.79% )
CNX Midcap - closed at 7,498.35(-83.20 Points & -1.10%)
BSE Smallcap- closed at 6,451.49(-70.56 Points & -1.08%)

Nifty Spot-Levels & Trading Strategy for 29-03-2012

Nifty Spot-Levels

R3 5297
R2 5266
R1 5230
Avg 5199
S1 5163
S2 5132
S3 5096

Nifty Spot-Trading Strategy

H6 5261     Trgt 2
H5 5246     Trgt 1
H4 5230     Long breakout
H3 5212     Go Short
H2 5206
H1 5200
L1 5187
L2 5181
L3 5175     Long
L4 5157     Short Breakout
L5 5141     Trgt 1
L6 5126     Trgt 2

Nifty(Mar Fut)-Levels & Trading Strategy for 29-03-2012

Nifty(Mar Fut)-Levels

R3 5315
R2 5281
R1 5239
Avg 5205
S1 5163
S2 5129
S3 5087

Nifty(Mar Fut)-Trading Strategy

H6 5273     Trgt 2
H5 5256     Trgt 1
H4 5238     Long breakout
H3 5217     Go Short
H2 5210
H1 5203
L1 5190
L2 5183
L3 5176     Long
L4 5155     Short Breakout
L5 5137     Trgt 1
L6 5120     Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 29-03-2012

Bank Nifty(Mar Fut)-Levels

R3 10349
R2 10250
R1 10108
Avg 10009
S1 9867
S2 9768
S3 9626

Bank Nifty(Mar Fut)-Trading Strategy

H6 10208    Trgt 2
H5 10153     Trgt 1
H4 10098     Long breakout
H3 10032     Go Short
H2 10010
H1  9988
L1  9943
L2  9921
L3  9899    Long
L4  9833   Short Breakout
L5  9778    Trgt 1
L6  9723    Trgt 2

Pre-Closing Outlook(28-03-2012)

Although whole day negative zone trading today,higher levels selling and market moved more than 1% down also but intraday patterns are showing consolidation formations therefore expected that Nifty will finally sustaining above 5242 and strong rally will be seen in the coming sessions after correction completion.  

Mid-session Outlook-2(28-03-2012)

As soon as selling indications seen then it was updated immediately in Mid-session Outlook today and Nifty has broken down today intraday lowest also. Although weakness after breaking down but strong supports above 5175 and sustaining it below will get real down move moves confirmations.

Firstly sustaining beyond today trading range(5202-5236) and finally sustaining sustaining beyond 5172-5242 will get next big move confirmation therefore should be firstly watched.

Mid-session Outlook(28-03-2012)

Strong support and base formations in last 2 sessions but minor selling formations also seen today therefore firstly sustaining beyond today trading range(5202-5236) should be firstly watched for next moves confirmations.

Pre-open Outlook(28-03-2012)

All the Asian markets are in Red today morning therefore sentiment is weak today and firstly negative zone trading will be seen today morning.

Although some confusions regarding GAAR but expected that finally issue will be resolved amicably and Govt. will not annoy FIIs.

Market will remain quiet today but good condolidations base formations was seen between 5175-5225 in previous two sessions therefore expected that follow up consolidations will be seen today and Nifty will not slip below 5175 as well as rally will continue in the coming sessions.

Rally continuations after strong base formations

Nifty-Intra Day Chart(Mar 26 & Mar 27,2012):-

Just click on chart for its enlarged view

Conclusions from 2 days intra day chart analysis 

As good condolidations base formations was seen between 5175-5225 in previous two sessions therefore consilidations was updated in all the intraday outlooks in last 2 sessions.

Some volatility may be seen but strong base formations and clear indications of correction completion as well as continuation of rally in the coming sessions.

FII & DII trading activity in Capital Market Segment on 27-Mar-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 27-Mar-2012 3009.32 2966.33 42.99

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 27-Mar-2012 1039.42 1329.47 -290.05

Indian Stock Markets Closing Reports(27-Mar-2012)

Main features of today trading are as follows

1- All the Indices closed in Green except Power and Small Cap.
2- Hanging Man / Dragonfly Doji Bearish Candle.
3- Highly Volatile market.

Ratios

Nifty Put Call Ratio: 1.04
Nifty P/E Ratio(27-Mar-2012): 18.53

Advances & Declines

BSE Advances : 1193
BSE Declines : 1705
NSE Advances :  592
NSE Declines :

Nifty Open Interest Changed Today

Nifty- 5100 CE(Mar)- -265550(-16.13%)
Nifty- 5100 PE(Mar)- +84550(+0.92%)

Nifty- 5200 CE(Mar)- -322650(-5.65%)
Nifty- 5200 PE(Mar)- +811550(+12.67%)

Nifty- 5300 CE(Mar)- -830850(-13.01%)
Nifty- 5300 PE(Mar)- +597050(+16.61%)

Closing 

Nifty- closed at 5,243.15(+58.90 Points & +1.14%)
Sensex- closed at 17,257.36(+204.58 Points & +1.20% )
CNX Midcap - closed at 7,581.55(+30.50 Points & +0.40%)
BSE Smallcap- closed at 6,522.05(-11.31 Points & -0.17%)

Nifty(Mar Fut)-Levels & Trading Strategy for 28-03-2012

Nifty(Mar Fut)-Levels

R3 5411
R2 5353
R1 5304
Avg 5246
S1 5197
S2 5139
S3 5090

Nifty(Mar Fut)-Trading Strategy

H6 5363     Trgt 2
H5 5338     Trgt 1
H4 5313     Long breakout
H3 5284     Go Short
H2 5274
H1 5264
L1 5245
L2 5235
L3 5225     Long
L4 5196     Short Breakout
L5 5171     Trgt 1
L6 5146    Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 28-03-2012

Bank Nifty(Mar Fut)-Levels

R3 10626
R2 10456
R1 10311
Avg 10141
S1 9996
S2 9826
S3 9681

Bank Nifty(Mar Fut)-Trading Strategy

H6 10487     Trgt 2
H5 10413     Trgt 1
H4 10339     Long breakout
H3 10252     Go Short
H2 10223
H1 10194
L1 10137
L2 10108
L3 10079     Long
L4  9992     Short Breakout
L5  9918    Trgt 1
L6  9844    Trgt 2

Nifty Spot-Levels & Trading Strategy for 28-03-2012

Nifty Spot-Levels

R3 5378
R2 5327
R1 5285
Avg 5234
S1 5192
S2 5141
S3 5099

Nifty Spot-Trading Strategy

H6 5337     Trgt 2
H5 5315     Trgt 1
H4 5294     Long breakout
H3 5268     Go Short
H2 5260
H1 5251
L1 5234
L2 5225
L3 5217     Long
L4 5191     Short Breakout
L5 5170     Trgt 1
L6 5148     Trgt 2

Pre-Closing Outlook(27-03-2012)

As good support between 5186-5205 therefore finally up moves are expected and until Nifty will not sustain below 5186 till then any down move will not be considered.

Confirm consolidation between 5186-5205 but huge more than 50 points of Nifty volatility today.Sharp more than 50 points surge and whole up move retraced also immediately. As technical positions changes in such volatility therefore view turns cautious and sustaining beyond 5186-5205 should also be watched for confirmations.

Mid-session Outlook(27-03-2012)

Highly volatile market between 5186-5236 today with intraday support between 5186-5196 and selling indications at higher levels also. As intraday patterns are suggesting consolidation formations therefore finally moves above 5236 are expected.

Next decisive moves confirmations range is sustaining beyond 5172-5236

Post-open Outlook(27-03-2012)

Rally is on after Intraday support at lower levels today.

NIFTY-Mar F&O-1st Buying of 26-03-2012-Covering

NIFTY Mar F & O(Bought on 26-03-2012)-Cover and book profit immediately-CMP-5238(Lalit39)