Nifty(Sep Fut)-Levels & Trading Strategy for 14-09-2012

Nifty(Sep Fut)-Levels

R3 5476
R2 5465
R1 5457
Avg 5446
S1 5438
S2 5427
S3 5419

Nifty(Sep Fut)-Trading Strategy

H6 5469     Trgt 2
H5 5464     Trgt 1
H4 5460     Long breakout
H3 5455     Go Short
H2 5453
H1 5451
L1 5448
L2 5446
L3 5444     Long
L4 5439     Short Breakout
L5 5435     Trgt 1
L6 5430     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 14-09-2012

Bank Nifty(Sep Fut)-Levels

R3 10367
R2 10322
R1 10273
Avg 10228
S1 10179
S2 10134
S3 10085

Bank Nifty(Sep Fut)-Trading Strategy

H6  10319    Trgt 2
H5  10298    Trgt 1
H4  10276    Long breakout
H3  10250    Go Short
H2  10242
H1  10233
L1  10216
L2  10207
L3  10199    Long
L4  10173    Short Breakout
L5  10151    Trgt 1
L6  10130    Trgt 2

Pre-Closing Outlook(13-09-2012)

Following lines were told today in Technical Analysis and Market Outlook(13-09-2012):-

1- As intraday charts of yesterday are showing selling formations therefore consolidations are must today for sustaining and rally above 5450.
2- firstly trading is expected between 5394-5450.
3- follow up buying/selling today will decide next decisive moves beyond mentioned strong resistance range.

First 5 hours trading today between 5,447.45-5,421.85 with minor supports at lower levels but higher levels selling formations also. Slipping below 5422 will mean sharp down moves because below it selling formations yesterday.

Technical Analysis and Market Outlook(13-09-2012)

Nifty-Intra Day Chart (12-Sep-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5410-5415.
2- Volatility after ESM package favouring SC judgement news from Germany.
3- Upmoves in Bearish Rising Wedge formation.
3- Whole day trading between 5394-5434.

Conclusions from intra day chart analysis 

Firstly slipping after intraday selling and then volatility after ESM package favouring SC judgement news from Germany, As higher levels selling in first 2 hours and finally Upmoves in Bearish Rising wedge formations in  last more than one hour therefore fresh consolidation is required for sustaining above yesterday trading range.

All trends are up and up moves continuation but Nifty is trading between strong resistance range(5380-5450). As intraday charts of yesterday are showing selling formations therefore consolidations are must today for sustaining and rally above 5450.

Pre-open Outlook(13-09-2012)

Almost flat Global markets today therefore sentiment is quiet today morning and firstly trading is expected between 5394-5450,follow up buying/selling today will decide next decisive moves beyond mentioned strong resistance range.

FII Trading Data in Derivatives Segment on 12-Sep-2012

FII & DII trading activity in Capital Market Segment on 12-Sep-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 12-Sep-2012 1912.55 1461.36 451.19

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 12-Sep-2012 1179.45 1235.21 -55.76

Indian Stock Markets Closing Reports(12-Sep-2012)

Main features of today trading are as follows

1- All the Indices closed in Green.
2- White Candle formation.
3- Closing near the highs of the day.

Ratios

Nifty Put Call Ratio: 1.08
Nifty P/E Ratio(01-Aug-2012): 17.37

Advances & Declines

BSE Advances : 1539
BSE Declines : 1339
NSE Advances :  833
NSE Declines :  601

Nifty Open Interest Changed Today

Nifty- 5200 CE(Aug)- -271,500(-15.16%)
Nifty- 5200 PE(Aug)-  325,400(3.61%)

Nifty- 5300 CE(Aug)- -560,000(-13.34%)
Nifty- 5300 PE(Aug)-  987,650(11.59%)

Nifty- 5400 CE(Aug)- -555,300(-8.93%)
Nifty- 5400 PE(Aug)-  1,414,800(31.59%)

Nifty- 5500 CE(Aug)-  512,000(7.02%)
Nifty- 5500 PE(Aug)-  649,000(45.60%)

Closing 

Nifty- closed at 5,431.00(41.00 Points & 0.76%)
Sensex- closed at 18,000.03(147.08 Points & 0.82%)
CNX Midcap - closed at 7,296.20(17.95 Points & 0.25%)
BSE SMLcap- closed at 6,610.08(30.40 Points & 0.46%)

Nifty Spot-Levels & Trading Strategy for 13-09-2012

Nifty Spot-Levels

R3 5488
R2 5461
R1 5446
Avg 5419
S1 5404
S2 5377
S3 5362

Nifty Spot-Trading Strategy

H6 5473     Trgt 2
H5 5463     Trgt 1
H4 5454     Long breakout
H3 5442     Go Short
H2 5438
H1 5434
L1 5427
L2 5423
L3 5419     Long
L4 5407     Short Breakout
L5 5398     Trgt 1
L6 5388     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 13-09-2012

Nifty(Sep Fut)-Levels

R3 5514
R2 5483
R1 5464
Avg 5433
S1 5414
S2 5383
S3 5364

Nifty(Sep Fut)-Trading Strategy

H6 5496     Trgt 2
H5 5484    Trgt 1
H4 5473     Long breakout
H3 5459     Go Short
H2 5455
H1 5450
L1 5441
L2 5436
L3 5432     Long
L4 5418     Short Breakout
L5 5407     Trgt 1
L6 5359     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 13-09-2012

Bank Nifty(Sep Fut)-Levels

R3 10388
R2 10316
R1 10266
Avg 10194
S1 10144
S2 10072
S3 10022

Bank Nifty(Sep Fut)-Trading Strategy

H6 10339     Trgt 2
H5 10311     Trgt 1
H4 10283     Long breakout
H3 10249     Go Short
H2 10238
H1 10227
L1 10204
L2 10193
L3 10182     Long
L4 10148     Short Breakout
L5 10120     Trgt 1
L6 10092     Trgt 2

Pre-Closing Outlook(12-09-2012)

All trends are up and up moves continuation after news based high intraday volatility. As positive news flow also therefore rally continuation is expected.

Mid-session Outlook-3(12-09-2012)

Slipping from intraday higher levels but supports at lower levels also as well as volatility after ESM package favouring SC judgement news from Germany. As Technical positions reverses during such volatility therefore finally sustaining beyond 5402-5417 will be next trend confirmation and should be firstly watched.

Mid-session Outlook-2(12-09-2012)

As again profit booking therefore not sustaining at higher levels. 

Mid-session Outlook(12-09-2012)

July IIP at 0.1% vs 3.7% (YoY)

Although Indian markets slipped from intraday higher levels after minor profit booking at higher levels but intraday patterns are indicating consolidation formations also. Indian markets are reacting today announced IIP data as well as preparing for post RBI Credit Policy moves on 17-09-2012.

All trends are up and Nifty is trading within strong resistance range(5380-5450),its break out will form next big moves. Forceful break out or sustaining beyond of today 15 points intraday trading range(5402-5417) will give first signal of mentioned resistance range break out direction therefore should be firstly watched.

Rally continuation after correction completion

Nifty-EOD Chart (11-Sep-2012):-

Just click on chart for its enlarged view

Technical Patterns and Formations in EOD charts

1- Wave-2(4770.35 on 04-06-2012)
2- Sub Wave-1(5348.55 ON 10-07-2012)
3- Sub Wave-2(5032.40 on 26-07-2012)
4- Sub Wave-3(5448.40 on 23-08-2012)
5- Sub Wave-4(5215.70 on 05-09-2012)
6- Sub Wave-5 of Wave-3 is on after correction completion

Conclusions from EOD chart analysis 

Sub Wave-5 of Wave-3 is on after correction completion but intraday selling  between 5362-5373 was seen on 10-Sep-2012 therefore firstly negative zone trading was seen yesterday. Intraday supports at lower levels and after that more than 1 hour trading above 5373 was seen yesterday therefore on going rally(Sub Wave-5 of Wave-3) continuation possibilities turned higher yesterday.

As strong resistances between 5380-5450 therefore complete consolidations is required for rally above 5450 and up moves may be slow also but expected that finally rally will be seen above 5450 .

FII Trading Data in Derivatives Segment on 11-Sep-2012

FII & DII trading activity in Capital Market Segment on 11-Sep-2012

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 11-Sep-2012 1735.72 1312.13 423.59

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 11-Sep-2012 711.27 1077.07 -365.8

Indian Stock Markets Closing Reports(11-Sep-2012)

Main features of today trading are as follows

1- All the Indices closed in Green.
2- Long White Candle.
3- Closing near the highs of the day.

Ratios

Nifty Put Call Ratio: 1.13
Nifty P/E Ratio(01-Aug-2012): 17.22

Advances & Declines

BSE Advances : 1557
BSE Declines : 1293
NSE Advances :  782
NSE Declines :  642

Nifty Open Interest Changed Today

Nifty- 5200 CE(Aug)- -104,400(-5.51%)
Nifty- 5200 PE(Aug)-  977,500(12.15%)

Nifty- 5300 CE(Aug)- -146,950(-3.38%)
Nifty- 5300 PE(Aug)-  1,339,150(18.64%)

Nifty- 5400 CE(Aug)- -527,800(-7.82%)
Nifty- 5400 PE(Aug)-  1,650,200(58.34%)

Nifty- 5500 CE(Aug)-  297,700(4.25%)
Nifty- 5500 PE(Aug)-  190,750(15.48%)

Closing 

Nifty- closed at   5,390.00(26.55 Points & 0.50%)
Sensex- closed at 17,852.95(86.17 Points & 0.49%)
CNX Midcap - closed at 7,278.25(23.75 Points & 0.33%)
BSE SMLcap- closed at 6,579.68(38.03 Points & 0.58%)

Nifty Spot-Levels & Trading Strategy for 12-09-2012

Nifty Spot-Levels

R3 5472
R2 5432
R1 5411
Avg 5371
S1 5350
S2 5310
S3 5289

Nifty Spot-Trading Strategy

H6 5451     Trgt 2
H5 5437     Trgt 1
H4 5423     Long breakout
H3 5406     Go Short
H2 5401
H1 5395
L1 5384
L2 5378
L3 5373     Long
L4 5356     Short Breakout
L5 5342     Trgt 1
L6 5328     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 12-09-2012

Nifty(Sep Fut)-Levels

R3 5505
R2 5457
R1 5431
Avg 5383
S1 5357
S2 5309
S3 5283

Nifty(Sep Fut)-Trading Strategy

H6 5479     Trgt 2
H5 5462     Trgt 1
H4 5445     Long breakout
H3 5425     Go Short
H2 5418
H1 5411
L1 5398
L2 5391
L3 5384     Long
L4 5364     Short Breakout
L5 5347     Trgt 1
L6 5330     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 12-09-2012

Bank Nifty(Sep Fut)-Levels

R3 10358
R2 10266
R1 10211
Avg 10119
S1 10064
S2 9972
S3 9917

Bank Nifty(Sep Fut)-Trading Strategy

H6 10305     Trgt 2
H5 10271     Trgt 1
H4 10237     Long breakout
H3 10197     Go Short
H2 10183
H1 10170
L1 10143
L2 10130
L3 10116     Long
L4 10076     Short Breakout
L5 10042     Trgt 1
L6 10008     Trgt 2