CRUDEOIL-Feb Fut-Positional Selling of 13-02-2013-Covering

CRUDEOIL-Feb Fut-Positional Selling of 13-02-2013-Cover and book profit immediately-CMP-5226(Lalit39)(Lalit39)

Pre-Closing Outlook(14-02-2013)

Although new intraday low formation at 02:39 PM but selling was updated at 02:01 PM in Mid-session Outlook-2 and now more down moves toward 5923 are expected after higher levels selling today.

Mid-session Outlook-2(14-02-2013)

As volatility after Inflation news and SBI Quarterly results as well as sentiment changes sharply in such type of news based markets therefore final view will be formed after stabilizing of markets and intraday charts patterns formations. At present some selling signals are being seen only.

SILVER-Mar Fut-Positional Selling of 13-02-2013-Covering

SILVER-Mar Fut-Positional-Sold on 13-02-2013-Cover and book profit immediately-CMP-57294(Lalit39)

Mid-session Outlook(14-02-2013)

Inflation in Jan 6.62% vs 7.18% and at 3 years lowest as well therefore markets recovered from lower levels but both higher and lower levels are capped and more consolidation is required for moving above yesterday highs because good selling at higher levels yesterday. Same view at this moment which has already been updated in following topic yesterday:-

Next Trend Decider 5883-5984

CRUDEOIL-Feb Fut-Selling Trade

CRUDEOIL-Feb Fut-Sell-Intraday-SL-5276 & TGT-5186-CMP-5240(Lalit39)

Next Trend Decider 5883-5984

Technical Analysis and Market Outlook

(14-02-2013)

Nifty-Intra Day Chart (13-Feb-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5960-5969
2- Last more than 1 hour down moves in Bullish falling Channel
3- Whole day actual trading between 5925-5969

Conclusions from intra day chart analysis 

Most time trading between previous resistance range(5930-5984) with fresh intraday selling between 5960-5969 and after that slipping in Bullish falling Channel therefore wait and watch policy despite closing near lower levels. As both lower levels consolidation between 5883-5900 on 13-02-2013 before higher levels selling today therefore Indian markets are not prepared for any side decisive moves and will firstly remain range bound betwen 5883-5984 and take positions for next decisive moves in the coming sessions and its valid break out will decide next trend.

SILVER-Apr Fut-1st Intraday/Positional Selling of 13-02-2013-Covering

SILVER-Mar Fut-1st Intraday/Positional-Sold on 13-02-2013-Intraday Traders may COVER AND BOOK PROFIT Immediately and Positional traders may carry over-CMP-57439

FII & DII trading activity in Capital Market Segment on 13-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 13-Feb-2013 3209.04 2408.73 800.31

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 13-Feb-2013 966.34 1256.03 -289.69

FII Trading Data in Derivatives Segment on 13-Feb-2013

Nifty Spot-Levels & Trading Strategy for 14-02-2013

Nifty Spot-Levels

3 5876
R2 5904
R1 5913
Avg 5941
S1 5950
S2 5978
S3 5987

Nifty Spot-Trading Strategy

H6 5885     Trgt 2
H5 5893     Trgt 1
H4 5901     Long breakout
H3 5911     Go Short
H2 5915
H1 5918
L1 5925
L2 5928
L3 5932     Long
L4 5942     Short Breakout
L5 5950     Trgt 1
L6 5958     Trgt 2

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.