FII & DII trading activity in Capital Market Segment on 23-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 23-Apr-2012 1351.7 1759.19 -407.49

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 23-Apr-2012 1206.48 754.78 451.7

Indian Stock Markets Closing Reports(23-Apr-2012)

Main features of today trading are as follows

1- All the Indices closed in Red.
2- Black Candle.
3- Closing at the lowest of the day.

Ratios

Nifty Put Call Ratio: 1.11
Nifty P/E Ratio(23-Apr-2012): 18.26

Advances & Declines

BSE Advances :  964
BSE Declines : 1841
NSE Advances :  330
NSE Declines : 1116

Nifty Open Interest Changed Today

Nifty- 5000 CE(Apr)- -55900(-11.55%)
Nifty- 5000 PE(Apr)- +692950(+11.63%)

Nifty- 5100 CE(Apr)- +266400(+85.26%)
Nifty- 5100 PE(Apr)- +238700(+3.65%)

Nifty- 5200 CE(Apr)- +1619300(+70.08%)
Nifty- 5200 PE(Apr)- -490900(-7.05%)

Nifty- 5300 CE(Apr)- +1571300(+37.66%)
Nifty- 5300 PE(Apr)- -1003450(-23.49%)

Closing 

Nifty- closed at 5,200.60(-90.25 Points & -1.71%)
Sensex- closed at 17,096.68(-277.16 Points & -1.60% )
CNX Midcap - closed at 7,509.10(-117.30 Points & -1.54%)
BSE Smallcap- closed at 6,794.56(-106.02 Points & -1.54%)

Nifty Spot-Levels & Trading Strategy for 24-04-2012

Nifty Spot-Levels

R3 5400
R2 5355
R1 5277
Avg 5232
S1 5154
S2 5109
S3 5031

Nifty Spot-Trading Strategy

H6 5323     Trgt 2
H5 5295     Trgt 1
H4 5267     Long breakout
H3 5233    Go Short
H2 5222
H1 5211
L1 5188
L2 5177
L3 5166    Long
L4 5132    Short Breakout
L5 5104     Trgt 1
L6 5076    Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 24-04-2012

Nifty(Apr Fut)-Levels

R3 5412
R2 5363
R1 5280
Avg 5231
S1 5148
S2 5099
S3 5016

Nifty(Apr Fut)-Trading Strategy

H6 5330     Trgt 2
H5 5300     Trgt 1
H4 5270     Long breakout
H3 5234     Go Short
H2 5222
H1 5210
L1 5185
L2 5173
L3 5161     Long
L4 5125    Short Breakout
L5 5095     Trgt 1
L6 5065    Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 24-04-2012

Bank Nifty(Apr Fut)-Levels

R3 10764
R2 10648
R1 10442
Avg 10326
S1 10120
S2 10004
S3  9798

Bank Nifty(Apr Fut)-Trading Strategy

H6 10559     Trgt 2
H5 10486     Trgt 1
H4 10414     Long breakout
H3 10325     Go Short
H2 10296
H1 10266
L1 10207
L2 10177
L3 10148     Long
L4 10059     Short Breakout
L5 9987     Trgt 1
L6 9914    Trgt 2

Live Proofs of our Accuracy

Following lines were told in Correction continuation & Supports Testing in Next Week at 05:45:00 AM today;-

more down moves as well as testing of above mentioned next supports are possible in the coming week.

Following 2 supports were also mentioned:-

4- 1st Support at 5184
5- 2nd Support at 5136

Above mentioned 1st support of 5184 has been almost tested today because today lowest is at 5187.15.

Pre-Closing Outlook(23-04-2012)

Our both previous outlooks are live proofs of this fact that We only told for down moves and correction continuations for today as well as cautioned also for minor up moves possibility only because people starts to buy at lower and cheaper rates.

Correction is on and following 2 supports with its testing possibility have already been updated in Correction continuation & Supports Testing in Next Week at 05:45:00 AM today;-

4- 1st Support at 5184
5- 2nd Support at 5136

Mid-session Outlook(23-04-2012)

Following lines were told in Correction continuation & Supports Testing in Next Week at 05:45:00 AM today;-

1- more down moves are expected in the coming sessions.
2- more down moves as well as testing of above mentioned next supports are possible in the coming week.

Nifty is more than 50 points down today and our above projection proved 100% accurate. Firstly selling at higher levels and then down moves seen today and more down moves can not be ruled out but intraday charts are oversold therefore minor up moves may be seen today after getting some intraday support.

Correction continuation & Supports Testing in Next Week

Technical Analysis,Research & Weekly Outlook

 (Apr 23 to Apr 27,2012)

Nifty-EOD Chart (20-Apr-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Bullish Flag Pattern(Falling Channel) in on going Correction
2- Bullish Flag Pattern(Falling Channel) Formations
3- Falling Channel false Break Out
4- 1st Support at 5184
5- 2nd Support at 5136

Conclusions from EOD chart analysis 

Falling Channel false Break Out was technically most crucial formation of previous week and firstly its impact will be seen in next week through more down moves

Nifty-Intra Day Chart (Apr 18 to Apr 20,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 3 days intraday charts

1- Genuine selling between 5330-5341 on 18-04-2012.
2- Mixed Patterns(selling also) between 5325-5338 on 19-04-2012  
3- Almost 5 hours genuine selling between 5318-5336 on 20-04-2012

Nifty-Intra Day Chart (20-Apr-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in intraday charts of 20-04-2012

1- Almost 5 hours genuine selling between 5318-5336
2- Sharp 70 points crash in 7 minutes.
3- Whole day trading between 5246-5336.

Conclusions from intra day charts analysis 

Although 70 Points crash after 02:20 PM but we clearly projected selling at 10:47:00 AM in Post-open Outlook(20-04-2012). Almost 5 hours genuine selling between 5318-5336 therefore market require complete consolidations for any move above 5336.

Sharp 70 points crash in 7 minutes on 20-04-2012 after 3 sessions selling and specially almost 5 hours genuine selling on 20-04-2012 therefore market requires complete consolidations for any move above 5336. Until complete consolidations will not happen minimum on intraday charts till then any rally above 5336 will not be considered.

As almost 5 hours huge selling is proved through genuine intraday selling patterns on 20-04-2012 therefore more down moves are expected in the coming sessions.

Conclusions (After Putting All Studies Together)

Corretion is on in Falling Channel and market crashed after forming 3rd lower top in last week therefore technical possibility of fresh bottom below 5136 should be kept in mind. In this regard following topic with EOD Chary was posted on 15-04-2012

Lower Tops and Lower Bottoms Formation In On Going Correction

(Just click above topic link and go through)

As third time resistance at falling trend line as well as 3 days intraday selling patterns near about it therefore sharp fall seen last Friday and more down moves as well as testing of above mentioned next supports are possible in the coming week.

correction completion confirmations will be after sustaining above 5341 and Nifty will firstly trade between 5175-5318 in the beginning of next week. Firstly sideways market within 5136-5341 and  sustaining it beyond will give next trend confirmations.

FII Trading Data in Derivatives Segment on 20-Apr-2012

FII & DII trading activity in Capital Market Segment on 20-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 20-Apr-2012 1729.83 1415.79 314.04

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 20-Apr-2012 1059.95 925.21 134.74

Indian Stock Markets Closing Reports(20-Apr-2012)

Main features of today trading are as follows

1- Black Candle.
2- Red closing.
3- Sharp down after almost 5 hours genuine selling.

Ratios

Nifty Put Call Ratio:1.10
Nifty P/E Ratio(20-Apr-2012): 18.58

Advances & Declines

BSE Advances : 1153
BSE Declines : 1655
NSE Advances :  505
NSE Declines :  952

Nifty Open Interest Changed Today

Nifty- 5100 CE(Apr)- -66300(-17.50%)
Nifty- 5100 PE(Apr)- +550450(+9.18%)

Nifty- 5200 CE(Apr)- -138650(-5.66%)
Nifty- 5200 PE(Apr)- -879450(-11.22%)

Nifty- 5300 CE(Apr)- -422500(-9.20%)
Nifty- 5300 PE(Apr)- -1160800(-21.37%)

Nifty- 5400 CE(Apr)- -376300(-5.38%)
Nifty- 5400 PE(Apr)- -592900(-20.35%)

Closing 

Nifty- closed at 5,290.85(-41.55 Points & -0.78%)
Sensex- closed at 17,373.84(-129.87 Points & -0.74% )
CNX Midcap - closed at 7,626.40(-71.25 Points & -0.93%)
BSE Smallcap- closed at 6,900.58(-32.25 Points & -0.47%)

Nifty Spot-Levels & Trading Strategy for 23-04-2012

Nifty Spot-Levels

R3 5427
R2 5381
R1 533
Avg 5290
S1 5245
S2 5199
S3 5154

Nifty Spot-Trading Strategy

H6 5382     Trgt 2
H5 5361     Trgt 1
H4 5341     Long breakout
H3 5316     Go Short
H2 5307
H1 5299
L1 5282
L2 5274
L3 5265     Long
L4 5240     Short Breakout
L5 5220     Trgt 1
L6 5199     Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 23-04-2012

Nifty(Apr Fut)-Levels

R3 5463
R2 5408
R1 5355
Avg 5300
S1 5247
S2 5192
S3 5139

Nifty(Apr Fut)-Trading Strategy

H6 5411     Trgt 2
H5 5386     Trgt 1
H4 5361     Long breakout
H3 5331     Go Short
H2 5321
H1 5311
L1 5292
L2 5282
L3 5272     Long
L4 5242     Short Breakout
L5 5217     Trgt 1
L6 5192    Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 23-04-2012

Bank Nifty(Apr Fut)-Levels

R3 10814
R2 10712
R1 10589
Avg 10487
S1 10364
S2 10262
S3 10139

Bank Nifty(Apr Fut)-Trading Strategy

H6 10692     Trgt 2
H5 10641     Trgt 1
H4 10589     Long breakout
H3 10527     Go Short
H2 10507
H1 10486
L1 10445
L2 10424
L3 10404     Long
L4 10342     Short Breakout
L5 10290     Trgt 1
L6 10239     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Apr 23 to Apr 27,2012)

Nifty Spot-Weekly Levels

R3 5518
R2 5430
R1 5360
Avg 5272
S1 5202
S2 5114
S3 5044

Nifty Spot-Weekly Trading Strategy 

H6 5452     Trgt 2
H5 5415     Trgt 1
H4 5377     Long breakout
H3 5334     Go Short
H2 5319
H1 5305
L1 5276
L2 5262
L3 5247     Long
L4 5204     Short Breakout
L5 5166     Trgt 1
L6 5129     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Apr 23 to Apr 27,2012)

Bank Nifty Spot-Weekly Levels

R3 11049
R2 10847
R1 10652
Avg 10450
S1 10255
S2 10053
S3 9858

Bank Nifty Spot-Weekly Trading Strategy 

H6 10862     Trgt 2
H5 10768     Trgt 1
H4 10675     Long breakout
H3 10566     Go Short
H2 10529
H1 10493
L1 10420
L2 10384
L3 10347     Long
L4 10238     Short Breakout
L5 10145     Trgt 1
L6 10051     Trgt 2

Pre-Closing Outlook(20-04-2012)

Although market crashed after 02:20 PM but as soon as selling signals emerged then it was immediately updated at 10:47:00 AM today and clearly following line was told:-

Selling signals seen today

Higher levels good selling seen today and more down moves are expected now.

Post-open Outlook(20-04-2012)

Selling signals seen today.

Next moves confirmation range 5312-5338

Post-open Outlook(20-04-2012)

Following 2 trading ranges in last more than 3 hours yesterday:-

1- Follow up consolidation and higher bottom support between 5312-5322
2- Mixed Patterns between 5325-5338.

Nifty traded last more than 3 hours yesterday between 5312-5338 with lower levels supports and higher levels mixed patterns and Nifty is trading as well as preparing for next decisive moves within this range.

Today 1st hour trading range is- 5314-5334

Today 1st hour trading range(5314-5334) break out will be first signal and last more than 3 hours of yesterday trading range(5312-5338) break out will be confirmation of next decisive moves and trend. 

Bullish rally fate in the hands of 5341

Nifty-EOD Chart (19-Apr-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Break out of corrective falling Trend line and closing above it today.

Nifty-Intra Day Chart (19-Apr-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 5292-5310 
2- Follow up consolidation and higher bottom support between 5312-5322
3- Mixed Patterns between 5325-5338 
4- Whole day trading between 5292-5310

Conclusions (After Putting All Studies Together) 

Following technical analysis are strong indications of Bullish market beginning:-

1- Break out of corrective falling Trend line and closing above it today.
2- Consolidation between 5292-5310 today is confirmations of 1st resistance(5275-5305) break out.
3- More strength through follow up consolidation and higher bottom support between 5312-5322

Technically Indian markets are well prepared for strong rally but mixed Patterns between 5325-5338 therefore some more consolidations are required to sustain above yesterday resistance(5330-5341) and fresh Bullish rally beginning confirmations are also must through sustaining above corrective falling Trend line.

Only sustaining beyond 5341 should be watched tomorrow because it will also decide the validity of corrective falling Trend line break out.