Down moves after 15 Sessions Selling

Technical Analysis,Research & Weekly Outlook

(Jul 23 to Jul 27,2012)

Nifty-Micro Analysis of 1 Month Sessions Intra Day Chart(Jul 22 to Jul 20,2012)

Nifty-Intra Day Chart (Jul 22 to Jul 20,2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 1 Month intraday charts

1- Multiple Resistances between 5200-5345
2- Supports between 5085-5145

Conclusions from 1 Month Sessions intra day chart analysis 

As whole day genuine intraday selling patterns(5200-5218) last Friday therefore confirm trading below 5200 in the coming week and firstly trading between and little above next support range(5085-5145) will be seen in the coming sessions.

Strong supports between 5085-5145 and below upto 5010 and Indian markets will firstly prepare for next moves between 5085-5200 in the coming week. AS good selling between 5200-5345 in 15 sessions of July 2012 therefore market require complete consolidations to trade between and above 5200-5345.

More down moves and trading between next supports range(5085-5145) expected in the coming sessions.

Fresh Down Moves after Genuine Selling

Nifty-Micro Analysis of Intra Day Chart For 23-07-2012

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

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5200-5218
3- Whole day trading between 5198-5238

Conclusions from intra day chart analysis 

Whole day intraday selling patterns therefore down moves are expected below 5200. As whole day genuine intraday selling patterns therefore trading range of 20-07-2012(5198-5238) will prove strong resistance in the coming sessions.

Analysis of whole day genuine intraday selling patterns on 20-07-2012 has not been posted after watching weak Asian markets today but it was very well understood on 20-07-2012 and Put Option buying SMS were sent to our clients at 03:17:17 PM on 20-07-2012.  Its those live proofs will also be updated which no one can deny.

FII & DII trading activity in Capital Market Segment on 20-Jul-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-Jul-2012 1691.17 1513.06 178.11

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 20-Jul-2012 804.38 868.78 -64.4

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

Main features of today trading are as follows

1- Red closing.
2- Black Candle.
3- Most time sideways trading near lower levels of the day.

Ratios

Nifty Put Call Ratio: 0.99
Nifty P/E Ratio(20-Jul-2012): 17.08

Advances & Declines

BSE Advances : 1122
BSE Declines : 1708
NSE Advances :  491
NSE Declines :  941

Nifty Open Interest Changed Today

Nifty- 4900 CE(Jul)- -25800(-5.53%)
Nifty- 4900 PE(Jul)- -130250(-2.57%)

Nifty- 5000 CE(Jul)- -136600(-17.96%)
Nifty- 5000 PE(Jul)- -52050(-0.67%)

Nifty- 5100 CE(Jul)- +23900(+1.88%)
Nifty- 5100 PE(Jul)- -566300(-8.51%)

Nifty- 5200 CE(Jul)- +941350(+24.68%)
Nifty- 5200 PE(Jul)- -861250(-13.40%)

Nifty- 5300 CE(Jul)- +1605400(+17.90%)
Nifty- 5300 PE(Jul)- -249750(-7.87%)

Closing 

Nifty- closed at 5,205.10(-37.60 Points & -0.72%)
Sensex- closed at 17,158.44(-120.41 Points & -0.70% )
CNX Midcap - closed at 7,350.90(-25.20 Points & -0.34%)
BSE SMLcap- closed at 6,675.35(-7.12 Points & -0.11%)

Nifty Spot-Levels & Trading Strategy for 23-07-2012

Nifty Spot-Levels

R3 5270
R2 5254
R1 5229
Avg 5213
S1 5188
S2 5172
S3 5147

Nifty Spot-Trading Strategy

H6 5246     Trgt 2
H5 5236     Trgt 1
H4 5227     Long breakout
H3 5216     Go Short
H2 5212
H1 5208
L1 5201
L2 5197
L3 5193     Long
L4 5182     Short Breakout
L5 5173     Trgt 1
L6 5163     Trgt 2

Nifty(Jul Fut)-Levels & Trading Strategy for 23-07-2012

Nifty(Jul Fut)-Levels

R3 5284
R2 5266
R1 5241
Avg 5223
S1 5198
S2 5180
S3 5155

Nifty(Jul Fut)-Trading Strategy

H6 5259     Trgt 2
H5 5249     Trgt 1
H4 5239     Long breakout
H3 5227     Go Short
H2 5223
H1 5219
L1 5212
L2 5208
L3 5204     Long
L4 5192     Short Breakout
L5 5182     Trgt 1
L6 5172     Trgt 2

Bank Nifty(Jul Fut)-Levels & Trading Strategy for 23-07-2012

Bank Nifty(Jul Fut)-Levels

R3 10752
R2 10693
R1 10601
Avg 10542
S1 10450
S2 10391
S3 10299

Bank Nifty(Jul Fut)-Trading Strategy

H6 10660     Trgt 2
H5 10626     Trgt 1
H4 10592     Long breakout
H3 10550     Go Short
H2 10536
H1 10522
L1 10495
L2 10481
L3 10467     Long
L4 10425     Short Breakout
L5 10391     Trgt 1
L6 10357     Trgt 2

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

Nifty Spot-Weekly Levels

R3 5341
R2 5299
R1 5252
Avg 5210
S1 5163
S2 5121
S3 5074

Nifty Spot-Weekly Trading Strategy 

H6 5294     Trgt 2
H5 5274     Trgt 1
H4 5253     Long breakout
H3 5229     Go Short
H2 5221
H1 5213
L1 5196
L2 5188
L3 5180     Long
L4 5156     Short Breakout
L5 5135     Trgt 1
L6 5115     Trgt 2

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

Bank Nifty Spot-Weekly Levels

R3 10885
R2 10797
R1 10639
Avg 10551
S1 10393
S2 10305
S3 10147

Bank Nifty Spot-Weekly Trading Strategy 

H6 10728     Trgt 2
H5 10672     Trgt 1
H4 10617     Long breakout
H3 10549     Go Short
H2 10527
H1 10504
L1 10459
L2 10436
L3 10414     Long
L4 10346     Short Breakout
L5 10291     Trgt 1
L6 10235     Trgt 2

All the services of the Blog will be restarted within next 24 Hours

Blog updates resumption as early as possible

As I am busy in other analysis and research works therefore unable to update in the Blog. 

Sorry for inconvenience and all the Blog updations will be restarted as early as possible.

As busy therefore Blog could not be updated after trading hours yesterday. 

Sorry for inconvenience and next messages will be updated very shortly.

Pre-Closing Outlook(11-06-2012)

1st Resistance range of 5070-5125 was updated on 09-06-2012 in Strong Rally above 200-Day SMA(today at 5066) and today first 5 hours nifty range with profit booking possibility is 5089.80-5124.45.

Sustaining beyond following ranges will be next moves confirmations:-

1- 5106-5124(today most time trading range)
2- 5089.80-5124.45(first 5 hours nifty range)
3- 5070-5125(Previous 1st Resistance range)

Mid-session Outlook(11-06-2012)

US Futures are more than 1% up today after US Markets good closing last Friday,resultant all the Asian/European markets are 1% to 2% up but Indian markets are under performing and less than 1% up therefore profit booking possibility on the back of strong global cues can not be ruled out today.

First 3 hours sideways quiet market between 5106-5124 today and juat watch sustaining it beyond  for next moves confirmations despite strong and blasting  global cues.

Strong Rally above 200-Day SMA(today at 5066)

Technical Analysis,Research & Weekly Outlook

(Jun 11 to Jun 15,2012)

Nifty-EOD Chart(08-Jun-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Testing of 200-Day SMA
2- Testing of corrective falling Trendline.
3- Forceful upmoves after Double Bottom formations in previous week.
4- MACD- Buying signal generation through MACD line upward crossing over of trigger line.
5- MACD- MACD line sharply up after getting support at trigger line.

Conclusions (After Putting All Studies Together)

Short and Intermediate term trends are up and Long term trend will be up after sustaining above 200-Day SMA(today at 5066). Testing of corrective falling Trendline and 200-Day SMA was seen on 11-06-2012 and sustaining above these 2 levels will be strong rally confirmation.

Trend decider MACD has already given Uptrend formation confirmation through MACD line upward crossing over and support getting at trigger line therefore on going rally continuation will be seen in the coming week and testing of next resistances are expected:

Next resistances of on going 76 sessions correction are as follows:-

1- Resistance between 5070-5125
2- Resistance between 5190-5305
3- Resistance between 5318-5337
4- Resistance between 5357-5377
5- Resistance between 5418-5487
6- Resistance between 5588-5625

Next supports after 20-12-2011 rally are as follows:- 

1- 4995-5022
2- 4852-4880
3- 4771-4797(Double Bottom supports within this range)
4- 4635-4663
5- 4602-4624
6- 4560-4590

Multiple and strong resistances at higher levels but strong supports also emerged above 4560 and no selling in previous week therefore continuation of ongoing rally is expected in the coming week. Most crucial confirmation of sustaining above 200-Day SMA and Falling Trendline is required yet therefore only watch sustaining above both levels for strong rally after all trends turning up.. 

FII Trading Data in Derivatives Segment on 08-Jun-2012

FII & DII trading activity in Capital Market Segment on 08-Jun-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 08-Jun-2012 1779.5 1577.49 202.01

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 08-Jun-2012 716.51 797.99 -81.48

Nifty Spot-Levels & Trading Strategy for 11-06-2012

Nifty Spot-Levels

R3 5193
R2 5138
R1 5103
PIVOT 5048
S1 5013
S2 4958
S3 4923

Nifty Spot-Trading Strategy

H6 5159     Trgt 2
H5 5138     Trgt 1
H4 5117     Long breakout
H3 5092     Go Short
H2 5084
H1 5076
L1 5059
L2 5051
L3 5043     Long
L4 5018     Short Breakout
L5 4997     Trgt 1
L6 4976     Trgt 2

Nifty(Jun Fut)-Levels & Trading Strategy for 11-06-2012

Nifty(Jun Fut)-Levels

R3 5217
R2 5148
R1 5103
PIVOT 5034
S1 4989
S2 4920
S3 4875

Nifty(Jun Fut)-Trading Strategy

H6 5175     Trgt 2
H5 5148     Trgt 1
H4 5121    Long breakout
H3 5090     Go Short
H2 5079
H1 5069
L1 5048
L2 5038
L3 5027     Long
L4 4996     Short Breakout
L5 4969     Trgt 1
L6 4942     Trgt 2

Bank Nifty(Jun Fut)-Levels & Trading Strategy for 11-06-2012

Bank Nifty(Jun Fut)-Levels

R3 10330
R2 10157
R1 10048
PIVOT 9875
S1 9766
S2 9593
S3 9484

Bank Nifty(Jun Fut)-Trading Strategy

H6 10227     Trgt 2
H5 10160     Trgt 1
H4 10094     Long breakout
H3 10016     Go Short
H2  9990
H1  9964
L1  9913
L2  9887
L3  9861    Long
L4  9783    Short Breakout
L5  9717    Trgt 1
L6  9650    Trgt 2