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ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
FII & DII trading activity in Capital Market Segment on 14-Aug-2012
Nifty Spot-Levels & Trading Strategy for 16-08-2012
Nifty Spot-Levels
R3 5461
R2 5424
R1 5402
Avg 5365
S1 5343
S2 5306
S3 5284
Nifty Spot-Trading Strategy
H6 5439 Trgt 2
H5 5426 Trgt 1
H4 5412 Long breakout
H3 5396 Go Short
H2 5390
H1 5385
L1 5374
L2 5369
L3 5363 Long
L4 5347 Short Breakout
L5 5333 Trgt 1
L6 5320 Trgt 2
Nifty(Aug Fut)-Levels & Trading Strategy for 16-08-2012
Nifty(Aug Fut)-Levels
R3 5490
R2 5453
R1 5429
Avg 5392
S1 5368
S2 5331
S3 5307
Nifty(Aug Fut)-Trading Strategy
H6 5467 Trgt 2
H5 5453 Trgt 1
H4 5439 Long breakout
H3 5422 Go Short
H2 5417
H1 5411
L1 5400
L2 5394
L3 5389 Long
L4 5372 Short Breakout
L5 5358 Trgt 1
L6 5344 Trgt 2
R3 5490
R2 5453
R1 5429
Avg 5392
S1 5368
S2 5331
S3 5307
Nifty(Aug Fut)-Trading Strategy
H6 5467 Trgt 2
H5 5453 Trgt 1
H4 5439 Long breakout
H3 5422 Go Short
H2 5417
H1 5411
L1 5400
L2 5394
L3 5389 Long
L4 5372 Short Breakout
L5 5358 Trgt 1
L6 5344 Trgt 2
Bank Nifty(Aug Fut)-Levels & Trading Strategy for 16-08-2012
Bank Nifty(Aug Fut)-Levels
R3 10832
R2 10723
R1 10649
Avg 10540
S1 10466
S2 10357
S3 10283
Bank Nifty(Aug Fut)-Trading Strategy
H6 10761 Trgt 2
H5 10719 Trgt 1
H4 10676 Long breakout
H3 10626 Go Short
H2 10609
H1 10592
L1 10559
L2 10542
L3 10525 Long
L4 10475 Short Breakout
L5 10432 Trgt 1
L6 10390 Trgt 2
R3 10832
R2 10723
R1 10649
Avg 10540
S1 10466
S2 10357
S3 10283
Bank Nifty(Aug Fut)-Trading Strategy
H6 10761 Trgt 2
H5 10719 Trgt 1
H4 10676 Long breakout
H3 10626 Go Short
H2 10609
H1 10592
L1 10559
L2 10542
L3 10525 Long
L4 10475 Short Breakout
L5 10432 Trgt 1
L6 10390 Trgt 2
Post-open Outlook(13-08-2012)
As global cues are quiet today morning therefore flat trading in Indian markets. Correction completion indications last Friday therefore finally rally is expected. Support between 5295-5312 on 10-08-2012 therefore until Nifty will not sustain below 5296 till then any down move will not be considered.
Bulls will welcome in Next Week
Technical Analysis,Research & Weekly Outlook
(Aug 13 to Aug 17,2012)
Nifty-EOD Chart (10-08-2012):- |
| Just click on chart for its enlarged view |
1- Rally beginning from 4531.15 on 20-12-2011
2- Impulsive Wave1-1 completion and corrective Wave-2 beginning from 5629.95 on 22-02-2012.
3- Corrective Wave1-2 completion and impulsive Wave-3 beginning from 4770.35 on 04-06-2012.
4- Sub Wave-1 correction of impulsive Wave-3 beginning
5- Sub Wave-2 correction of impulsive Wave-3 copmletion.
6- Sub Wave-2 correction of impulsive Wave-3 copmletion.
7- Sub Wave-3 of impulsive Wave-3 continuation
8- Upward cross over in MACD
9- Sustaining above Long Term Trend decider 200-Day SMA and 200-Day EMA
Conclusions from EOD chart analysis
All trends are up and and Sub Wave-3 of impulsive Wave-3 is continued. Very short term correction is on for the last 3 sessions which got support at rising trend line on 10-08-2012.
Nifty-Micro Analysis of 3 Sessions Intra Day Chart
(Aug 13 to Aug 17,2012)
Nifty-Intra Day Chart (Aug 13 to Aug 17,2012):- |
| Just click on chart for its enlarged view |
1- Consolidation between 5338-5346 on 08-08-2012.
2- Down moves in Falling Channel without much selling and showing consolidation indications on 09-08-2012.
3- Support between 5313-5323 on 09-08-2012.
4- Support between 5295-5312 on 10-08-2012.
Conclusions from 3 Sessions intra day chart analysis
Although markets slipped in last 2 days but intraday supports seen daily and falling patterns are showing consolidation formations. Finally intraday supports at lower levels was seen on 10-08-2012 also therefore expected that last 3 sessions are only corrective moves and strong indications of correction completion also.
Conclusions (After Putting All Studies Together)
Indian markets are Bullish after sustaining above 200-Day SMA and 200-Day EMA but very short term correction is on for the last 3 sessions. Correction completion strong indications after good support at lower levels on 10-08-2012 and finally sustaining above 5323 will be correction completion confirmation. As last 3 sessionsintraday charts are showing most time consolidations and lower levels supports also seen therefore correction completion almost confirmation.
Expected that Bull will welcome in next week and finally strong rally above 5377 will be seen as well as levels near 5600 are expected.
Indian Stock Markets Closing Reports(10-Aug-2012)
Main features of today trading are as follows
1- Benchmark Indices closed in Red.
2- White Candle.
3- Consolidation patterns formations
Ratios
Nifty Put Call Ratio: 1.12
Nifty P/E Ratio(10-Aug-2012): 17.34
Advances & Declines
BSE Advances : 1143
BSE Declines : 1620
NSE Advances : 548
NSE Declines : 874
Nifty Open Interest Changed Today
Nifty- 5100 CE(Aug)- -21,200(-1.15%)
Nifty- 5100 PE(Aug)- 235,000(3.08%)
Nifty- 5200 CE(Aug)- -54,100(-1.70%)
Nifty- 5200 PE(Aug)- 612,600(8.88%)
Nifty- 5300 CE(Aug)- 117,750(2.95%)
Nifty- 5300 PE(Aug)- -88,500(-1.30%)
Nifty- 5400 CE(Aug)- -252,750(-3.26%)
Nifty- 5400 PE(Aug)- 97,600(3.66%)
Nifty- 5500 CE(Aug)- 35,000(0.41%)
Nifty- 5500 PE(Aug)- 26,950(2.40%)
Closing
Nifty- closed at 5,320.40(-2.55 Points & -0.05%)
Sensex- closed at 17,557.74(-3.13 Points & -0.02% )
CNX Midcap - closed at 7,239.65(-07.75 Points & -0.11%)
BSE SMLcap- closed at 6,549.77(-18.86 Points & -0.29%)
1- Benchmark Indices closed in Red.
2- White Candle.
3- Consolidation patterns formations
Ratios
Nifty Put Call Ratio: 1.12
Nifty P/E Ratio(10-Aug-2012): 17.34
Advances & Declines
BSE Advances : 1143
BSE Declines : 1620
NSE Advances : 548
NSE Declines : 874
Nifty Open Interest Changed Today
Nifty- 5100 CE(Aug)- -21,200(-1.15%)
Nifty- 5100 PE(Aug)- 235,000(3.08%)
Nifty- 5200 CE(Aug)- -54,100(-1.70%)
Nifty- 5200 PE(Aug)- 612,600(8.88%)
Nifty- 5300 CE(Aug)- 117,750(2.95%)
Nifty- 5300 PE(Aug)- -88,500(-1.30%)
Nifty- 5400 CE(Aug)- -252,750(-3.26%)
Nifty- 5400 PE(Aug)- 97,600(3.66%)
Nifty- 5500 CE(Aug)- 35,000(0.41%)
Nifty- 5500 PE(Aug)- 26,950(2.40%)
Closing
Nifty- closed at 5,320.40(-2.55 Points & -0.05%)
Sensex- closed at 17,557.74(-3.13 Points & -0.02% )
CNX Midcap - closed at 7,239.65(-07.75 Points & -0.11%)
BSE SMLcap- closed at 6,549.77(-18.86 Points & -0.29%)
FII & DII trading activity in Capital Market Segment on 10-Aug-2012
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Nifty Spot-Levels & Trading Strategy for 13-08-2012
Nifty Spot-Levels
R3 5371
R2 5350
R1 5335
Avg 5314
S1 5299
S2 5278
S3 5263
Nifty Spot-Trading Strategy
H6 5356 Trgt 2
H5 5347 Trgt 1
H4 5339 Long breakout
H3 5329 Go Short
H2 5326
H1 5323
L1 5316
L2 5313
L3 5310 Long
L4 5300 Short Breakout
L5 5292 Trgt 1
L6 5283 Trgt 2
R3 5371
R2 5350
R1 5335
Avg 5314
S1 5299
S2 5278
S3 5263
Nifty Spot-Trading Strategy
H6 5356 Trgt 2
H5 5347 Trgt 1
H4 5339 Long breakout
H3 5329 Go Short
H2 5326
H1 5323
L1 5316
L2 5313
L3 5310 Long
L4 5300 Short Breakout
L5 5292 Trgt 1
L6 5283 Trgt 2
Nifty(Aug Fut)-Levels & Trading Strategy for 13-08-2012
Nifty(Aug Fut)-Levels
R3 5401
R2 5380
R1 5362
Avg 5341
S1 5323
S2 5302
S3 5284
Nifty(Aug Fut)-Trading Strategy
H6 5384 Trgt 2
H5 5375 Trgt 1
H4 5366 Long breakout
H3 5355 Go Short
H2 5352
H1 5348
L1 5341
L2 5337
L3 5334 Long
L4 5323 Short Breakout
L5 5314 Trgt 1
L6 5305 Trgt 2
R3 5401
R2 5380
R1 5362
Avg 5341
S1 5323
S2 5302
S3 5284
Nifty(Aug Fut)-Trading Strategy
H6 5384 Trgt 2
H5 5375 Trgt 1
H4 5366 Long breakout
H3 5355 Go Short
H2 5352
H1 5348
L1 5341
L2 5337
L3 5334 Long
L4 5323 Short Breakout
L5 5314 Trgt 1
L6 5305 Trgt 2
Bank Nifty(Aug Fut)-Levels & Trading Strategy for 13-08-2012
Bank Nifty(Aug Fut)-Levels
R3 10643
R2 10566
R1 10495
Avg 10418
S1 10347
S2 10270
S3 10199
Bank Nifty(Aug Fut)-Trading Strategy
H6 10573 Trgt 2
H5 10539 Trgt 1
H4 10505 Long breakout
H3 10464 Go Short
H2 10451
H1 10437
L1 10410
L2 10396
L3 10383 Long
L4 10342 Short Breakout
L5 10308 Trgt 1
L6 10274 Trgt 2
R3 10643
R2 10566
R1 10495
Avg 10418
S1 10347
S2 10270
S3 10199
Bank Nifty(Aug Fut)-Trading Strategy
H6 10573 Trgt 2
H5 10539 Trgt 1
H4 10505 Long breakout
H3 10464 Go Short
H2 10451
H1 10437
L1 10410
L2 10396
L3 10383 Long
L4 10342 Short Breakout
L5 10308 Trgt 1
L6 10274 Trgt 2
Nifty Spot-Weekly Levels & Trading Strategy(Aug 13 to Aug 17,2012)
Nifty Spot-Weekly Levels
R3 5495
R2 5436
R1 5378
Avg 5319
S1 5261
S2 5202
S3 5144
Nifty Spot-Weekly Trading Strategy
H6 5438 Trgt 2
H5 5411 Trgt 1
H4 5384 Long breakout
H3 5352 Go Short
H2 5341
H1 5330
L1 5309
L2 5298
L3 5287 Long
L4 5255 Short Breakout
L5 5228 Trgt 1
L6 5201 Trgt 2
R3 5495
R2 5436
R1 5378
Avg 5319
S1 5261
S2 5202
S3 5144
Nifty Spot-Weekly Trading Strategy
H6 5438 Trgt 2
H5 5411 Trgt 1
H4 5384 Long breakout
H3 5352 Go Short
H2 5341
H1 5330
L1 5309
L2 5298
L3 5287 Long
L4 5255 Short Breakout
L5 5228 Trgt 1
L6 5201 Trgt 2
Bank Nifty Spot-Weekly Levels & Trading Strategy(Aug 13 to Aug 17,2012)
Bank Nifty Spot-Weekly Levels
R3 10945
R2 10793
R1 10576
Avg 10424
S1 10207
S2 10055
S3 9838
Bank Nifty Spot-Weekly Trading Strategy
H6 10731 Trgt 2
H5 10646 Trgt 1
H4 10561 Long breakout
H3 10460 Go Short
H2 10426
H1 10392
L1 10325
L2 10291
L3 10257 Long
L4 10156 Short Breakout
L5 10071 Trgt 1
L6 9986 Trgt 2
R3 10945
R2 10793
R1 10576
Avg 10424
S1 10207
S2 10055
S3 9838
Bank Nifty Spot-Weekly Trading Strategy
H6 10731 Trgt 2
H5 10646 Trgt 1
H4 10561 Long breakout
H3 10460 Go Short
H2 10426
H1 10392
L1 10325
L2 10291
L3 10257 Long
L4 10156 Short Breakout
L5 10071 Trgt 1
L6 9986 Trgt 2
Pre-Closing Outlook(10-08-2012)
As all the Asian and European markets were trading in Red as well as Dow's Futures was also more than 60 points down therefore Indian markets slipped after weak opening but consolidated at lower levels and got intraday support also between 5295-5312. Intraday consolidation patterns signals were seen yesterday also therefore it seems that indian markets are correcting in range bound mode.
Although lower levels supports today but confirmation is required through sustaining above 5312. Nifty got support between 5313-5323 yesterday and finally sustaining above 5323 will be correction completion confirmation. Although Indian markets slipped after mid session sharp surge but slipping patterns are also showing consolidation formations therefore final up moves hopes are alive if Nifty sustains above 5312.
I mentioned following fear in Pre-open Outlook today and repeating it again:-
US markets are flat for the last 5 sessions with intraday charts selling formations therefore big fall there can not be ruled out there and that may trigger global stock markets crash also. Just keep in mind and remain watchful.
Although lower levels supports today but confirmation is required through sustaining above 5312. Nifty got support between 5313-5323 yesterday and finally sustaining above 5323 will be correction completion confirmation. Although Indian markets slipped after mid session sharp surge but slipping patterns are also showing consolidation formations therefore final up moves hopes are alive if Nifty sustains above 5312.
I mentioned following fear in Pre-open Outlook today and repeating it again:-
US markets are flat for the last 5 sessions with intraday charts selling formations therefore big fall there can not be ruled out there and that may trigger global stock markets crash also. Just keep in mind and remain watchful.
Pre-open Outlook(10-08-2012)
Although US markets closed flat yesterday but most Asian markets are trading in Red today morning and sentiment turning weak therefore Indian markets may open weak. Intraday support was seen between 5313-5323 yesterday and sustaining below it will be correction confirmation.
US markets are flat for the last 5 sessions with intraday charts selling formations therefore big fall there can not be ruled out there and that may trigger global stock markets crash also. Just keep in mind and remain watchful.
US markets are flat for the last 5 sessions with intraday charts selling formations therefore big fall there can not be ruled out there and that may trigger global stock markets crash also. Just keep in mind and remain watchful.
Technical Analysis and Market Outlook(10-08-2012)
Nifty-Intra Day Chart (09-Aug-2012):-
Technical Patterns and Formations in today intraday charts
1- Down moves in Falling Channel without much selling and showing consolidation indications
2- Support between 5313-5323
3- Whole day trading between 5313-5368
As Most of the time down moves without much selling and showing consolidation signals,except this lower levels intraday supports also therefore on going rally continuation hopes are alive despite lower levels closing today.
 |
| Just click on chart for its enlarged view |
1- Down moves in Falling Channel without much selling and showing consolidation indications
2- Support between 5313-5323
3- Whole day trading between 5313-5368
Conclusions from intra day chart analysis
As Most of the time down moves without much selling and showing consolidation signals,except this lower levels intraday supports also therefore on going rally continuation hopes are alive despite lower levels closing today.
Both selling and buying positions in last 2 sessions within 5,313-5377 and sustaining it beyond should be firstly watched in the coming sessions for next moves confirmations.
Indian Stock Markets Closing Reports(09-Aug-2012)
Main features of today trading are as follows
1- Benchmark Indices closed in Red.
2- Black Candle.
3- Whole day slipping after positive opening.
Ratios
Nifty Put Call Ratio: 1.07
Nifty P/E Ratio(09-Aug-2012): 17.35
Advances & Declines
BSE Advances : 1114
BSE Declines : 1670
NSE Advances : 465
NSE Declines : 959
Nifty Open Interest Changed Today
Nifty- 5000 CE(Aug)- 2,650(0.26%)
Nifty- 5000 PE(Aug)- -93,550(-0.88%)
Nifty- 5100 CE(Aug)- 3,900(0.21%)
Nifty- 5100 PE(Aug)- 113,400(1.51%)
Nifty- 5200 CE(Aug)- -117,400(-3.56%)
Nifty- 5200 PE(Aug)- -57,300(-0.82%)
Nifty- 5300 CE(Aug)- 630,100(8.85%)
Nifty- 5300 PE(Aug)- 176,950(2.68%)
Nifty- 5400 CE(Aug)- -367,200(-4.14%)
Nifty- 5400 PE(Aug)- 67,500(2.60%)
Closing
Nifty- closed at 5,322.95(-15.05 Points & -0.28%)
Sensex- closed at 17,560.87(-39.69 Points & -0.23% )
CNX Midcap - closed at 7,247.40(-024.85 Points & -0.34%)
BSE SMLcap- closed at 6,568.63(-27.24 Points & -0.41%)
1- Benchmark Indices closed in Red.
2- Black Candle.
3- Whole day slipping after positive opening.
Ratios
Nifty Put Call Ratio: 1.07
Nifty P/E Ratio(09-Aug-2012): 17.35
Advances & Declines
BSE Advances : 1114
BSE Declines : 1670
NSE Advances : 465
NSE Declines : 959
Nifty Open Interest Changed Today
Nifty- 5000 CE(Aug)- 2,650(0.26%)
Nifty- 5000 PE(Aug)- -93,550(-0.88%)
Nifty- 5100 CE(Aug)- 3,900(0.21%)
Nifty- 5100 PE(Aug)- 113,400(1.51%)
Nifty- 5200 CE(Aug)- -117,400(-3.56%)
Nifty- 5200 PE(Aug)- -57,300(-0.82%)
Nifty- 5300 CE(Aug)- 630,100(8.85%)
Nifty- 5300 PE(Aug)- 176,950(2.68%)
Nifty- 5400 CE(Aug)- -367,200(-4.14%)
Nifty- 5400 PE(Aug)- 67,500(2.60%)
Closing
Nifty- closed at 5,322.95(-15.05 Points & -0.28%)
Sensex- closed at 17,560.87(-39.69 Points & -0.23% )
CNX Midcap - closed at 7,247.40(-024.85 Points & -0.34%)
BSE SMLcap- closed at 6,568.63(-27.24 Points & -0.41%)
FII & DII trading activity in Capital Market Segment on 09-Aug-2012
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Nifty Spot-Levels & Trading Strategy for 10-08-2012
Nifty Spot-Levels
R3 5412
R2 5390
R1 5356
Avg 5334
S1 5300
S2 5278
S3 5244
Nifty Spot-Trading Strategy
H6 5378 Trgt 2
H5 5365 Trgt 1
H4 5352 Long breakout
H3 5337 Go Short
H2 5332
H1 5327
L1 5316
L2 5311
L3 5306 Long
L4 5291 Short Breakout
L5 5278 Trgt 1
L6 5265 Trgt 2
R3 5412
R2 5390
R1 5356
Avg 5334
S1 5300
S2 5278
S3 5244
Nifty Spot-Trading Strategy
H6 5378 Trgt 2
H5 5365 Trgt 1
H4 5352 Long breakout
H3 5337 Go Short
H2 5332
H1 5327
L1 5316
L2 5311
L3 5306 Long
L4 5291 Short Breakout
L5 5278 Trgt 1
L6 5265 Trgt 2
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