Pre-Closing Outlook(04-04-2012)

Whatsoever possibilities were told  yesterday all that seen in today market.
.
Higher levels intraday selling patterns but intraday support also seen after gap down opening today therefore sustaining beyond today trading range will be firstly watched for next moves confirmations in the coming sessions.

Post-open Outlook(04-04-2012)

Following topic was posted yesterday at 06:59:00 PM:-

Firstly Very Short Term Down Moves

Following lines were told yesterday which proved 100% accurate in 1st minute today because today lowest at this moment is at 5318.60

As Whole day without force up moves and selling possibilities like intraday patterns between 5285-5331 were seen yesterday also therefore testing or slipping below this range can not be ruled out in the coming sessions.

Reasons of today down moves and next possibilities have already been updated in above topic yesterday therefore just click above topic link and go through.

FII Trading Data in Derivatives Segment on 03-Apr-2012

FII & DII trading activity in Capital Market Segment on 03-Apr-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 03-Apr-2012 1995.03 1662.56 332.47

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 03-Apr-2012 1096.77 896.49 200.28

Firstly Very Short Term Down Moves

Nifty-Intra Day Chart(03-Apr-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5363-5377
2- Selling between 5357-5363
3- Support between 5347-5353
4- Minor support between 5347-5353
3- Whole day trading between 5347-5377

Conclusions from intra day chart analysis

Good selling at higher levels and minor supports also at lower levels today. As good selling seen at higher levels therefore expected that Nifty will firstly slip below today lower levels. As Whole day without force up moves and selling possibilities like intraday patterns between 5285-5331 were seen yesterday also therefore testing or slipping below this range can not be ruled out in the coming sessions.

Until complete consolidation patterns will not develop till then Nifty will not sustain above 5377 and minimum very short term down moves are firstly expected in the coming sessions.

Indian Stock Markets Closing Reports(03-Apr-2012)

Main features of today trading are as follows

1- All the Indices closed in Green except IT,Auto and HC.
2- Range bound sideways trading in most of the Indices.
3- Higher levels intraday selling patterns seen today.
4- Bearish Doji Star Candle formation..

Ratios

Nifty Put Call Ratio: 1.20
Nifty P/E Ratio(03-Apr-2012): 18.93

Advances & Declines

BSE Advances : 1763
BSE Declines : 1074
NSE Advances : 1003
NSE Declines :  455

Nifty Open Interest Changed Today

Nifty- 5100 CE(Apr)- -62750(-6.72%)
Nifty- 5100 PE(Apr)- +354350(+8.20%)

Nifty- 5200 CE(Apr)- -227900(-12.67%)
Nifty- 5200 PE(Apr)- +224450(+4.66%)

Nifty- 5300 CE(Apr)- +122550(+5.48%)
Nifty- 5300 PE(Apr)- +557650(+16.65%)

Nifty- 5400 CE(Apr)- -54800(-1.43%)
Nifty- 5400 PE(Apr)- +534950(+37.30%)

Nifty- 5500 CE(Apr)- +435000(+13.92%)
Nifty- 5500 PE(Apr)- +131500(+16.59%)

Nifty- 5600 CE(Apr)- +220800(+5.48%)
Nifty- 5600 PE(Apr)- +106150(+18.98%)

Closing 

Nifty- closed at 5,358.50(+40.60 Points & +0.76%)
Sensex- closed at 17,597.42(+119.27 Points & +0.68% )
CNX Midcap - closed at 7,823.50(+56.35 Points & +0.73%)
BSE Smallcap- closed at 6,817.69(+76.66 Points & +1.14%)

Nifty Spot-Levels & Trading Strategy for 04-04-2012

Nifty Spot-Levels

R3 5410
R2 5394
R1 5376
Avg 5360
S1 5342
S2 5326
S3 5308

Nifty Spot-Trading Strategy

H6 5392     Trgt 2
H5 5384     Trgt 1
H4 5376     Long breakout
H3 5367     Go Short
H2 5364
H1 5361
L1 5354
L2 5351
L3 5348     Long
L4 5339     Short Breakout
L5 5331     Trgt 1
L6 5323     Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 04-04-2012

Nifty(Apr Fut)-Levels

R3 5436
R2 5419
R1 5401
Avg 5384
S1 5366
S2 5349
S3 5331

Nifty(Apr Fut)-Trading Strategy

H6 5418    Trgt 2
H5 5410     Trgt 1
H4 5402     Long breakout
H3 5392     Go Short
H2 5389
H1 5386
L1 5379
L2 5376
L3 5373     Long
L4 5363     Short Breakout
L5 5355     Trgt 1
L6 5347     Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 04-04-2012

Bank Nifty(Apr Fut)-Levels

R3 10622
R2 10570
R1 10507
Avg 10455
S1 10392
S2 10340
S3 10277

Bank Nifty(Apr Fut)-Trading Strategy

H6 10559     Trgt 2
H5 10533    Trgt 1
H4 10507     Long breakout
H3 10475     Go Short
H2 10465
H1 10454
L1 10433
L2 10422
L3 10412     Long
L4 10380     Short Breakout
L5 10354     Trgt 1
L6 10328     Trgt 2

Pre-Closing Outlook(03-04-2012)

Following range was given and line was told within 1st hour in Post-open Outlook

"Firstly watch sustaining beyond 5350-5380 today for next big moves confirmations"

Nifty traded whole day between 5344.45-5378.75 with lower levels buying and higher levels selling today.

As mixed intraday patterns today therefore repeating following line of today Post-open Outlook:-

"Firstly watch sustaining beyond 5345-5380 today for next big moves confirmations"

Post-open Outlook(03-04-2012)

US markets positive closing after strong recovery in European markets yesterday therefore sentiment is positive today morning and Asian markets are mixed but Indian markets good gap up opening and now trading between next resistance range(5350-5380). Intermediate term trend is sideways for the last 26 sessions and will be up after sustaining above 5380 and crossing of 5400.

Indian markets are out performing Asian markets today but fresh consolidation is required for sustaining above next resistance range 5350-5380 and strong rally will be seen after sustaining above 5380 because in that situation all the trends will be up.

Firstly watch sustaining beyond 5350-5380 today for next big moves confirmations.

Rally after required Consolidations

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

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Whole day without force up moves
2- Whole day trading between 5285-5331

Conclusions from intra day chart analysis 

Whole day without force up moves and selling possibilities in such types of trading patterns can not be ruled out therefore view is cautious and clear consolidation patterns are required near about today trading range for fresh sustainable up moves above today trading range.

Long term trend survived on 29-03-2012,Short term trend turned up on 30-03-2012 and Intermediate term trend is sideways for the last 25 sessions and will be up above 5400.

Sustaining beyond today trading range should be firstly watched for next moves confirmations but expected that finally Rally above 5331 will be seen after 1/2 sessions consolidation near about today trading range.

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

FII & DII trading activity in Capital Market Segment on 02-Apr-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-Apr-2012 1861.47 1615.53 245.94

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 02-Apr-2012 770.91 843.72 -72.81

Indian Stock Markets Closing Reports(02-Apr-2012)

Main features of today trading are as follows

1- Benchmark Indices closed with marginal gains but Midcap and Smallcap closed with good gains.
2- All Indices closed with in Green except Metals and Auto with minor loss.
3- White Candle Formation.

Ratios

Nifty Put Call Ratio: 1.10
Nifty P/E Ratio(02-Apr-2012): 18.79

Advances & Declines

BSE Advances : 1917
BSE Declines :  887
NSE Advances : 1069
NSE Declines :  395

Nifty Open Interest Changed Today

Nifty- 5200 CE(Apr)- -207000(-10.32%)
Nifty- 5200 PE(Apr)- +355550(+7.97%)

Nifty- 5300 CE(Apr)- -72350(-3.13%)
Nifty- 5300 PE(Apr)- +402150(+13.65%)

Nifty- 5400 CE(Apr)- +308100(+8.72%)
Nifty- 5400 PE(Apr)- +303800(+26.34%)

Nifty- 5500 CE(Apr)- +177250(+5.92%)
Nifty- 5500 PE(Apr)- -58600(-6.89%)

Closing 

Nifty- closed at 5,317.90(+22.35 Points & +0.42%
Sensex- closed at 17,478.15(+73.95 Points & +0.42% )
CNX Midcap - closed at 7,767.15(+55.75 Points & +0.72%)
BSE Smallcap- closed at 6,741.03(+111.65 Points & +1.68%)

Nifty Spot-Levels & Trading Strategy for 03-04-2012

Nifty Spot-Levels

R3 5392.33
R2 5361.67
R1 5339.33
PIVOT 5308.67
S1 5286.33
S2 5255.67
S3 5233.33

Nifty Spot-Trading Strategy

H6 5370     Trgt 2
H5 5358     Trgt 1
H4 5346     Long breakout
H3 5331     Go Short
H2 5326
H1 5321
L1 5312
L2 5307
L3 5302     Long
L4 5287     Short Breakout
L5 5275     Trgt 1
L6 5263    Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 03-04-2012

Nifty(Apr Fut)-Levels

R3 5453.33
R2 5412.67
R1 5381.33
PIVOT 5340.67
S1 5309.33
S2 5268.67
S3 5237.33

Nifty(Apr Fut)-Trading Strategy

H6 5422     Trgt 2
H5 5406     Trgt 1
H4 5389     Long breakout
H3 5369     Go Short
H2 5363
H1 5356
L1 5343
L2 5336
L3 5330     Long
L4 5310     Short Breakout
L5 5293     Trgt 1
L6 5277     Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 03-04-2012

Bank Nifty(Apr Fut)-Levels

R3 10579.67
R2 10484.33
R1 10418.67
PIVOT 10323.33
S1 10257.67
S2 10162.33
S3 10096.67

Bank Nifty(Apr Fut)-Trading Strategy

H6 10515     Trgt 2
H5 10478     Trgt 1
H4 10441     Long breakout
H3 10397     Go Short
H2 10382
H1 10367
L1 10338
L2 10323
L3 10308     Long
L4 10264     Short Breakout
L5 10227     Trgt 1
L6 10190     Trgt 2

Pre-Closing Outlook(02-04-2012)

Market is going to close with marginal gains with whole day without force up moves within 5285-5331. Expected that finally Rally will be seen after 1/2 sessions consolidation near about today trading range but view is cautious because without force up moves today and clear consolidation patterns are required near about today trading range for fresh sustainable up moves above today trading range.

Mid-session Outlook-2 (02-04-2012)

Following lines were told in Mid-session Outlook today:-

Nifty is range bound between 5285-5315 today with lower levels supports. Finally Rally is expected after 1/2 sessions consolidation near about today first 3 hours mentioned range.

Although Nifty moved above 5315 but again slipped into mentioned range after more than one hour trading between 5315-5331. Nifty slipped from higher levels in last half hour but selling patterns are not visible at higher levels therefore expected that finally Rally will be seen after 1/2 sessions consolidation near about today first 3 hours mentioned range(5285-5315).

Mid-session Outlook(02-04-2012)

Long term trend survived on 29-03-2012,Short term trend turned up on 30-03-2012 and Intermediate term trend is sideways for the last 25 sessions and will be up above 5400.

Next Resistance is between 5350-5380 and strong supports between 5175-5236. Nifty is range bound between 5285-5315 today with lower levels supports. Finally Rally is expected after 1/2 sessions consolidation near about today first 3 hours mentioned range.