Indian Stock Markets Closing Reports(04-Feb-2013)

Main features of today trading are as follows

1- Benchmark Indices closed in Red.

2- Down moves after good selling.

3- Black Candle formation.

Ratios

Index Options Put Call Ratio: 0.86

Total Options Put Call Ratio: 0.82

Nifty P/E Ratio(04-Feb-2013): 18.00

Advances & Declines

BSE Advances : 1,178

BSE Declines : 1,712 

NSE Advances :   538

NSE Declines :   973

Nifty Open Interest Changed Today

Nifty- 5700  CE(Feb)- -5,400(-1.58%)

Nifty- 5700  PE(Feb)- 82,150(1.81%)

Nifty- 5800  CE(Feb)- 33,800(8.64%)

Nifty- 5800  PE(Feb)- 644,350(18.16%)

Nifty- 5900  CE(Feb)- 94,000(14.01%)

Nifty- 5900  PE(Feb)- 951,200(29.62%)

Nifty- 6000  CE(Feb)- 1,036,450(52.62%)

Nifty- 6000  PE(Feb)- 356,750(8.12%)

Nifty- 6100  CE(Feb)- 805,100(17.90%)

Nifty- 6100  PE(Feb)- -157,200(-7.26%)

Closing 

Sensex- closed at 19,751.19(-30.00 Points & -0.15%)

Nifty- closed at 5,987.25(-11.65 Points & -0.19%)

CNX Midcap - closed at 8,287.35(-70.10 Points & -0.84%)

CNX Smallcap- closed at 3,603.25(-39.55 Points & -1.09%)

Nifty Spot-Levels & Trading Strategy for 05-02-2013

Nifty Spot-Levels

R3 6080

R2 6059

R1 6023

Avg 6002

S1 5966

S2 5945

S3 5909

Nifty Spot-Trading Strategy

H6 6044     Trgt 2 

H5 6031     Trgt 1

H4 6018     Long breakout 

H3 6002     Go Short 

H2 5997

H1 5992

L1 5981

L2 5976

L3 5971     Long 

L4 5955     Short Breakout 

L5 5942     Trgt 1 

L6 5929     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 05-02-2013

Nifty(Feb Fut)-Levels

R3 6115

R2 6089

R1 6042

Avg 6016

S1 5969

S2 5943

S3 5896

Nifty(Feb Fut)-Trading Strategy

H6 6069     Trgt 2 

H5 6052     Trgt 1

H4 6036     Long breakout 

H3 6016     Go Short 

H2 6009

H1 6002

L1 5989

L2 5982

L3 5975     Long 

L4 5955     Short Breakout 

L5 5939     Trgt 1 

L6 5922     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 05-02-2013

Bank Nifty(Feb Fut)-Levels

R3 12923
R2 12844
R1 12714
Avg 12635
S1 12505
S2 12426
S3 12296

Bank Nifty(Feb Fut)-Trading Strategy

H6 12793     Trgt 2
H5 12746     Trgt 1
H4 12698     Long breakout
H3 12641     Go Short
H2 12622
H1 12603
L1 12564
L2 12545
L3 12526     Long
L4 12469     Short Breakout
L5 12421     Trgt 1
L6 12374     Trgt 2

NIFTY-Feb Put Option-Buying Trade

NIFTY-Feb Put Option(5900)-Buy-Positional-SL-24-TGT-64-CMP-42Lalit39)

Pre-Closing Outlook(04-02-2013)

Previous support was between 5989-6033 and it was broken down today after intraday selling between this range therefore high possibility of more down moves toward next supports near 5950.

Mid-session Outlook-3(04-02-2013)

Lower intraday top formation,with this more down moves confirmations below 6000 and possibility of 5950 as well.

Mid-session Outlook-2(04-02-2013)

As Nifty Jan Fut. is trading in Red and its intraday patterns are showing selling formations also therefore selling confirmation but Nifty spot intraday patterns have not shown as such selling patterns and trading 0.30% up also therefore mixed indications and more down moves confirmations are required through breaking down of 5989.

Mid-session Outlook(04-02-2013)

Intraday selling confirmation at higher levels today

Post-open Outlook(04-02-2013)

Although Nifty slipped immediately after opening but strong opening and now strong as well despite at present trading at the lowest of today. It is only a signal of up move and complete consolidation is required for any up move above 6050 as well as sustaining above 5989 should also be firstly watched for any up move confirmation.

Deeper Correction require Confirmations

Technical Analysis,Research & Weekly Outlook

(Feb 04 to Feb 08,2013)

Nifty-Intra Day Chart (Jan 15 to Feb 01,2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 14 Sessions intraday charts

1- Support between 5989-6033
2- Resistance between 6050-6111
3- 14 Sessions actual trading between 5989-6111 

Conclusions from 14 Sessions intra day chart analysis 

14 Sessions lowest closing last Friday after good selling at higher levels and breaking down of above mentioned supports therefore more down moves can not be ruled out.

Nifty-Intra Day Chart (01-Feb-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Whole day down moves in Bullish Falling channel
2- Whole day actual trading between 5989-6052

Conclusions from intra day chart analysis 

Whole day down moves but in Bullish Falling channel and 14 sessions lowest broken down as well.

Conclusions (After Putting All Studies Together)

Detailed analysis with EOD charts have already be updated on 26-01-2013 in following topic:

Correction On 29th Jan or From 1st Week of Feb 2013

Just click above topic link and understand Short Term Outlook.

Correction was clearly told on 26-01-2013 and Nifty closed at weekly lowest as well as 14 Sessions lowest formation on 01-02-2013. As last Friday down moves showed Bullish Falling channel formation therefore firstly requiring confirmations through sustaining beyond psychological level of 6000 in the beginning of next week.

Sustaining below 6000 will mean deeper correction because Bearish patterns formation in Daily charts and sustaining above 6000 will mean some up moves but strong resistances above 6050 and complete consolidation is required for any sustained move above 6050/6111.

Market Outlook(04-02-2013) 

As US markets closed with good gains last Friday and Asian markets may also react positive therefore Green zone trading possibility can not be ruled out in Indian markets on 04-02-2013. Correction is very much due and only it has to be watched that it will start within next 1/2 sessions or after passing some more time above 6000 and follow up buying/selling in next couple of sessions will reply this possibility. 

Expected that Nifty will firstly trade between 5989-6050 and this range valid break out will finally show following moves:-

1- Below 5989 will mean deeper correction
2- Above 6050 will mean slow up moves up to 6111 and any rally will be possibile only after complete confirmation of sustaining above 6111 but maximum up to  6239.95/6331.  

Market is well prepared for deeper correction but sustaining beyond 6000 should also be firstly watched in the beginning of next week for immedite moves confirmations.

FII & DII trading activity in Capital Market Segment on 01-Feb-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 01-Feb-2013 3325.94 3325.94 763.28

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 01-Feb-2013 772.15 1860.77 -1088.62

FII Trading Data in Derivatives Segment on 01-Feb-2013

Indian Stock Markets Closing Reports(01-Feb-2013)

Main features of today trading are as follows

1- Benchmark Indices closed in Red.

2- Closing near the lower levels of the day.

3- Black Candle formation.

Ratios

Index Options Put Call Ratio: 0.99

Total Options Put Call Ratio: 0.94

Nifty P/E Ratio(01-Feb-2013): 18.11

Advances & Declines

BSE Advances : 1,227 

BSE Declines : 1,619 

NSE Advances :   649

NSE Declines :   865

Nifty Open Interest Changed Today

Nifty- 5700  CE(Feb)- 8,850(2.67%)

Nifty- 5700 PE(Feb)-  1,590,750(54.17%)

Nifty- 5800  CE(Feb)- -60,600(-13.42%)

Nifty- 5800 PE(Feb)-   278,750(8.52%)

Nifty- 5900  CE(Feb)- -128,050(-16.03%)

Nifty- 5900 PE(Feb)-   509,500(18.86%)

Nifty- 6000  CE(Feb)- 411,750(26.43%)

Nifty- 6000 PE(Feb)-  930,600(26.87%)

Nifty- 6100  CE(Feb)- 1,328,250(41.91%)

Nifty- 6100 PE(Feb)-  189,050(9.57%)

Closing 

Sensex- closed at 19,781.19(-113.79 Points & -0.57%)

Nifty- closed at 5,998.90(-35.85 Points & -0.59%)

CNX Midcap - closed at 8,357.45(-6.25 Points & -0.07%)

CNX Smallcap- closed at 3,642.80(3.85 Points & 0.11%)

Nifty Spot-Levels & Trading Strategy for 04-02-2013

Nifty Spot-Levels

R3 6108

R2 6080

R1 6039

Avg 6011

S1 5970

S2 5942

S3 5901

Nifty Spot-Trading Strategy

H6 6067     Trgt 2 

H5 6051     Trgt 1

H4 6035     Long breakout 

H3 6016     Go Short 

H2 6010

H1 6004

L1 5991

L2 5985

L3 5979     Long 

L4 5960     Short Breakout 

L5 5944     Trgt 1 

L6 5928     Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 04-02-2013

Nifty(Feb Fut)-Levels

R3 6119
R2 6098
R1 6067
Avg 6046
S1 6015
S2 5994
S3 5963

Nifty(Feb Fut)-Trading Strategy

H6 6088     Trgt 2
H5 6076     Trgt 1
H4 6064     Long breakout
H3 6050     Go Short
H2 6045
H1 6040
L1 6031
L2 6026
L3 6021     Long
L4 6007     Short Breakout
L5 5995     Trgt 1
L6 5983     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 04-02-2013

Bank Nifty(Feb Fut)-Levels

R3 12937
R2 12873
R1 12778
Avg 12714
S1 12619
S2 12555
S3 12460

Bank Nifty(Feb Fut)-Trading Strategy

H6 12843     Trgt 2
H5 12807     Trgt 1
H4 12771     Long breakout
H3 12727     Go Short
H2 12713
H1 12698
L1 12669
L2 12654
L3 12640     Long
L4 12596     Short Breakout
L5 12560     Trgt 1
L6 12524     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(Feb 04 to Feb 08,2013)

Nifty Spot-Weekly Level

R3 6208

R2 6160

R1 6079

Avg 6031

S1 5950

S2 5902

S3 5821

Nifty Spot-Weekly Trading Strategy 

H6 6127     Trgt 2 

H5 6098     Trgt 1

H4 6068     Long breakout 

H3 6033     Go Short 

H2 6021

H1 6009

L1 5986

L2 5974

L3 5962     Long 

L4 5927     Short Breakout 

L5 5897     Trgt 1 

L6 5868     Trgt 2

Bank Nifty Spot-Weekly Levels & Trading Strategy(Feb 04 to Feb 08,2013)

Bank Nifty Spot-Weekly Levels

R3 13232

R2 13096

R1 12851

Avg 12715

S1 12470

S2 12334

S3 12089

Bank Nifty Spot-Weekly Trading Strategy 

H6 12987     Trgt 2 

H5 12901     Trgt 1

H4 12815     Long breakout 

H3 12710     Go Short 

H2 12675

H1 12640

L1 12571

L2 12536

L3 12501     Long 

L4 12396     Short Breakout 

L5 12310     Trgt 1 

L6 12224     Trgt 2

Mid-session Outlook(01-02-2013)

Following projections were done at 10:18 AM today when Indian markets were trading near today intraday higher levels:-

1- down move
2- trading between next support range(6000-6033) possibilities

Nifty is trading between above mentioned range for the last more than 2 hours after slipping from intraday higher levels and more down moves are expected below 6000 in next week.

Post-open Outlook(01-02-2013)

As selling between 6050-6056 yesterday after good selling above it up to 6100 in previous sessions therefore down moves and trading between next support range(6000-6033) possibilities are alive. Follow up selling today will mean breaking down development possibility of mentioned support range. Lot of resistances above 6050 and complete consolidation is required for any sustained move above 6050/6100.