Nifty(Feb Fut)-Levels & Trading Strategy for 14-02-2013

Nifty(Feb Fut)-Levels

R3 6021

R2 6000

R1 5968

Avg 5947

S1 5915

S2 5894

S3 5862

Nifty(Feb Fut)-Trading Strategy

H6 5989     Trgt 2 

H5 5977     Trgt 1

H4 5965     Long breakout 

H3 5950    Go Short 

H2 5945

H1 5940

L1 5931

L2 5926

L3 5921     Long 

L4 5906     Short Breakout 

L5 5894     Trgt 1 

L6 5882     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 14-02-2013

Bank Nifty(Feb Fut)-Levels

R3 12623

R2 12570

R1 12483

Avg 12430

S1 12343

S2 12290

S3 12203

Bank Nifty(Feb Fut)-Trading Strategy

H6 12536      Trgt 2 

H5 12504     Trgt 1

H4 12472     Long breakout 

H3 12434     Go Short 

H2 12421

H1 12408

L1 12383

L2 12370

L3 12357     Long 

L4 12319     Short Breakout 

L5 12287     Trgt 1 

L6 12255     Trgt 2

CRUDEOIL-Feb Fut-Selling Trade

CRUDEOIL-Feb Fut-Sell-Positional-SL-5276 & TGT-5166-CMP-5237(Lalit39)

SILVER-Mar Fut-Selling Trade

SILVER-Mar Fut-Sell-/Positional-SL-57826 & TGT-57211-CMP-57525(Lalit39)

Pre-Closing Outlook(13-02-2013)

Indian markets are flat but when were trading near today higher levels then we cautioned after covering our buying positions and market slipped as well as lost all intraday gains. Next moves preparation trading range is 5883-5984 and its break out should be watched for next moves confirmations. 

Mid-session Outlook-2(13-02-2013)

As intraday selling patterns formations and negative news of corruption in I. A. F. Helicopter deal therefore cautious view was updated in previous Outlook and market slip also from higher levels. Next moves preparation trading range is 5883-5984 and its break out should be watched for next moves confirmations.

Mid-session Outlook(13-02-2013)

Some confusion today due to news of corruption in I. A. F. Helicopter deal therefore view is cautious and until Nifty will not sustain above today highs and 5984 till then immediate up move will not be considered.

NIFTY-Feb Call Option(6000)-Bought on 12-02-2013-Covering

NIFTY-(Jan CE-6000)-Bought on 12-02-2013--Cover immediately-CMP-48(Lalit39)

Post-open Outlook(13-02-2013)

Although strong rally today but when Indian markets were in Red after weaker IIP data then also we did not posted Bearish views but on the contrary told for Up Moves:-

1- At 02:18 PM:- "intraday patterns are showing buying formations therefore up moves possibility above 5915 has increased"

2- At 12:59 PM:-"As market digested negative news and got support at lower levels today therefore until Nifty will not sustain below 5883 till then further down move will not be considered"

Strong rally today but equally strong resistances are between 5970-5984 and once sustaining above 5984 will mean fast up moves after Pre Budget Rally confirmations.   

Pull Back rally on Cards

Nifty-Intra Day Chart (Feb 11 to Feb 13,2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 2 Sessions intraday charts

1- Consolidation between 5883-5900.
2- 2 Sessions most time trading between 5883-5915
3- 2 Sessions actual trading between 5883-5927

Conclusions from 2 Sessions intra day chart analysis 

As 2 Sessions most time trading between 5883-5915 with lower levels good supports and consolidation patterns formations therefore this range broken out in last hour on 12-02-2013. Expected that Pull Back rally will be seen in the coming sessions but resistances are lying between 5930-5984 therefore fresh consolidation is required for sustaining above 5984 and market will take its complete time to complete consolidation process.

Firstly Pull Back rally is expected and after sustaining above 5984 strong rally will be seen.

FII & DII trading activity in Capital Market Segment on 12-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 12-Feb-2013 2528.32 1924.16 604.16

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 12-Feb-2013 814.97 1227.12 -412.15

FII Trading Data in Derivatives Segment on 12-Feb-2013

Indian Stock Markets Closing Reports(12-Feb-2013)

Main features of today trading are as follows

1- Benchmark Indices closed in Green.
2- CNX Midcap and CNX Smallcap closed in Red.
3- White Candle formation.

Ratios

Index Options Put Call Ratio: 0.98
Total Options Put Call Ratio: 0.92
Nifty P/E Ratio(12-Feb-2013): 17.83

Advances & Declines

BSE Advances :
BSE Declines :
NSE Advances :
NSE Declines :

Nifty Open Interest Changed Today

Nifty- 5800  CE(Feb)- 45,850(6.02%)
Nifty- 5800  PE(Feb)- -35,800(-0.55%)

Nifty- 5900  CE(Feb)- -7,800(-0.29%)
Nifty- 5900  PE(Feb)-  365,600(5.32%)

Nifty- 6000  CE(Feb)- -30,450(-0.52%)
Nifty- 6000  PE(Feb)-  34,600(0.93%)

Nifty- 6000  CE(Feb)- -27,350 (-0.37%)
Nifty- 6000  PE(Feb)- -48,150(-3.09%)

Closing 

Sensex- closed at 19561.04(100.47 Points & 0.52%)
Nifty- closed at 5,922.50(24.65 Points & 0.42%)
CNX Midcap - closed at 8,063.00(-30.35 Points & -0.37%)
CNX Smallcap- closed at 3,484.00(-11.65 Points & -0.33%)

Nifty Spot-Levels & Trading Strategy for 13-02-2013

Nifty Spot-Levels

R3 5978

R2 5952

R1 5937

Avg 5911

S1 5896

S2 5870

S3 5855

Nifty Spot-Trading Strategy

H6  5963    Trgt 2 

H5  5953    Trgt 1

H4  5944    Long breakout 

H3  5933    Go Short 

H2  5929 

H1  5925

L1  5918

L2  5914

L3  5910     Long 

L4  5899     Short Breakout 

L5  5890    Trgt 1 

L6  5880    Trgt 2

Nifty(Feb Fut)-Levels & Trading Strategy for 13-02-2013

Nifty(Feb Fut)-Levels

R3 6001

R2 5974

R1 5957

Avg 5930

S1 5913

S2 5886

S3 5869

Nifty(Feb Fut)-Trading Strategy

H6 5985     Trgt 2 

H5 5975     Trgt 1

H4 5965     Long breakout 

H3 5953     Go Short 

H2 5949

H1 5945

L1 5936

L2 5932

L3 5928     Long 

L4 5916     Short Breakout 

L5 5906     Trgt 1 

L6 5896     Trgt 2

Bank Nifty(Feb Fut)-Levels & Trading Strategy for 13-02-2013

Bank Nifty(Feb Fut)-Levels

R3 12649

R2 12559

R1 12508

Avg 12418

S1 12367

S2 12277

S3 12226

Bank Nifty(Feb Fut)-Trading Strategy

H6 12599     Trgt 2 

H5 12567     Trgt 1

H4 12534     Long breakout 

H3 12495     Go Short 

H2 12482

H1 12469

L1 12444

L2 12431

L3 12418     Long 

L4 12379     Short Breakout 

L5 12346     Trgt 1 

L6 12314     Trgt 2

NIFTY-Feb Call Option-Buying Trade

NIFTY-Feb Call Option(6000)-Buy-Positional-SL-24-TGT-64-CMP-42(Lalit39)

Pre-Closing Outlook(12-02-2013)

We never posted bearish views despite weaker IIP data but also told following lines:-

1- At 02:18 PM:- "intraday patterns are showing buying formations therefore up moves possibility above 5915 has increased"

2- At 12:59 PM:-"As market digested negative news and got support at lower levels today therefore until Nifty will not sustain below 5883 till then further down move will not be considered"

Last 2 days range broken out after lower levels good consolidations therefore more up moves are expected and strong rally will be seen after sustaining above next resistance

Mid-session Outlook-3(12-02-2013)

Although slipping from intraday high levels in last more than 90 minutes but intraday patterns are showing buying formations therefore up moves possibility above 5915 has increased but its valid break out should also be firstly watched.

Mid-session Outlook-2(12-02-2013)

As down moves after weaker IIP data were lacking required force therefore we did not projected more down moves and told for next moves confirmations through valid break out 5883-5915. Yesterday higher levels selling and lower levels supports were seen within mentioned range and today negative news generated volatility is being seen.

As market digested negative news and got support at lower levels today therefore until Nifty will not sustain below 5883 till then further down move will not be considered and valid break out above 5915 will mean rally possibility after on going correction completion strong indication.

Mid-session Outlook(12-02-2013)

Trading between 5889-5912 today but down moves were lacking required force after the news of weaker IIP data and valid break out of yesterday trading range(5883-5915) should be firstly watched for next moves confirmations.