GOLD-Apr Fut-1st Intraday/Positional-Bought on 20-02-2013-Cover immediately(We shall buy again at lower rates to recover this loss)-CMP-29694(Lalit39)
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
GOLD-Apr Fut-Buying Trade
GOLD-Apr Fut-Buy-Intraday/Positional-SL-29694 & TGT-29874-CMP-29753(Lalit39)
Pre-Closing Outlook(20-02-2013)
Whole day most time trading between 5938-5960 with consolidation indications but higher levels selling formations also and in this manner mixed intraday formation today. As no clear intraday patterns formations in 22 points trading range therefore will be better to wait for today range valid break out for those next moves which have already been updated in previous Outlook today.
Mid-session Outlook(20-02-2013)
Following conclusive line was told in Technical Analysis and Market Outlook(20-02-2013):-
Next resistance is between 5960-5985 and sustaining above it must for today started up moves continuation confirmations.
Although Nifty opened above 5960 but sliipped below it within first 3 minutes and since then trading between 5941-5960. It is clear that Nifty is trading just below next resistance and follow up intraday positions today will pave the way of following next moves:-
1- Follow up consolidation will mean up moves above 5985 after more consolidations between 5960-5985.
2- Follow up selling will mean strengthening of above mentioned next resistance and down moves toward next supports below 5900.
Although continuous slipping after positive opening today but it may be correction of yesterday strong up moves also and next moves preparation will be seen between 5900-5960 therefore this range valid break out will be next trend confirmation.
As emergence of consolidation indications today therefore yesterday started rally continuation hopes are still alive but after complete consolidations in the coming sessions.
Next resistance is between 5960-5985 and sustaining above it must for today started up moves continuation confirmations.
Although Nifty opened above 5960 but sliipped below it within first 3 minutes and since then trading between 5941-5960. It is clear that Nifty is trading just below next resistance and follow up intraday positions today will pave the way of following next moves:-
1- Follow up consolidation will mean up moves above 5985 after more consolidations between 5960-5985.
2- Follow up selling will mean strengthening of above mentioned next resistance and down moves toward next supports below 5900.
Although continuous slipping after positive opening today but it may be correction of yesterday strong up moves also and next moves preparation will be seen between 5900-5960 therefore this range valid break out will be next trend confirmation.
As emergence of consolidation indications today therefore yesterday started rally continuation hopes are still alive but after complete consolidations in the coming sessions.
Technical Analysis and Market Outlook(20-02-2013)
Nifty-Intra Day Chart (19-Feb-2013):-
Technical Patterns and Formations in today intraday charts
1- Consolidation between 5883-5900
2- Strong up moves in last 1 hour.
3- Whole day actual trading between 5883-5946
Although strong up moves in last 1 hour today but when Nifty was trading near lower levels then consolidation patterns formation was told at 01:41:00 PM and following lines were told in Mid-session Outlook(19-02-2013):-
1- Although slipping from higher levels today but not showing as such selling formations and emergence of consolidation patterns formation also
2- at present view is not Bearish despite slipping from higher levels.
Although strong up moves in last 1 hour today after lower levels consolodation between 5854-5900 in last 3 sessions but following lines were told on 09-02-2013 in Pre-Budget Rally after Correction Completion:-
"As strong supports(5823)are lying near 50 %(5829) retracement levels therefore high possibility of correction completion and up moves beginning from near about these levels"
9 Sessions highest closing today with lower levels good consolidations therefore up moves continuation possibility but complete follow up consolidation is required for sustaining above multiple resistances up to 6111. Next resistance is between 5960-5985 and sustaining above it must for today started up moves continuation confirmations.
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1- Consolidation between 5883-5900
2- Strong up moves in last 1 hour.
3- Whole day actual trading between 5883-5946
Conclusions from intra day chart analysis
Although strong up moves in last 1 hour today but when Nifty was trading near lower levels then consolidation patterns formation was told at 01:41:00 PM and following lines were told in Mid-session Outlook(19-02-2013):-
1- Although slipping from higher levels today but not showing as such selling formations and emergence of consolidation patterns formation also
2- at present view is not Bearish despite slipping from higher levels.
Although strong up moves in last 1 hour today after lower levels consolodation between 5854-5900 in last 3 sessions but following lines were told on 09-02-2013 in Pre-Budget Rally after Correction Completion:-
"As strong supports(5823)are lying near 50 %(5829) retracement levels therefore high possibility of correction completion and up moves beginning from near about these levels"
9 Sessions highest closing today with lower levels good consolidations therefore up moves continuation possibility but complete follow up consolidation is required for sustaining above multiple resistances up to 6111. Next resistance is between 5960-5985 and sustaining above it must for today started up moves continuation confirmations.
Nifty Spot-Levels & Trading Strategy for 20-02-2013
R3 6027
R2 5987
R1 5963
Avg 5923
S1 5899
S2 5859
S3 5835
Nifty Spot-Trading Strategy
H6 6003 Trgt 2
H5 5988 Trgt 1
H4 5974 Long breakout
H3 5956 Go Short
H2 5950
H1 5944
L1 5933
L2 5927
L3 5921 Long
L4 5903 Short Breakout
L5 5889 Trgt 1
L6 5874 Trgt 2
Nifty(Feb Fut)-Levels & Trading Strategy for 20-02-2013
R3 6053
R2 6007
R1 5980
Avg 5934
S1 5907
S2 5861
S3 5834
Nifty(Feb Fut)-Trading Strategy
H6 6026 Trgt 2
H5 6009 Trgt 1
H4 5993 Long breakout
H3 5973 Go Short
H2 5966
H1 5959
L1 5946
L2 5939
L3 5932 Long
L4 5912 Short Breakout
L5 5896 Trgt 1
L6 5879 Trgt 2
Bank Nifty(Feb Fut)-Levels & Trading Strategy for 20-02-2013
R3 12632
R2 12548
R1 12498
Avg 12414
S1 12364
S2 12280
S3 12230
Bank Nifty(Feb Fut)-Trading Strategy
H6 12583 Trgt 2
H5 12552 Trgt 1
H4 12521 Long breakout
H3 12484 Go Short
H2 12472
H1 12460
L1 12435
L2 12423
L3 12411 Long
L4 12374 Short Breakout
L5 12343 Trgt 1
L6 12312 Trgt 2
FII & DII trading activity in Capital Market Segment on 19-Feb-2013
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CRUDEOIL-Mar Fut- Intraday/Positional Buying of 19-02-2013-Covering
CRUDEOIL-Mar Fut-1st Intraday/Positional-Bought on 19-02-2013-Cover and book small profit immediately-CMP-5240(Lalit39)
CRUDEOIL-Mar Fut-Buying Trade
CRUDEOIL-Mar Fut-BUY-Intraday/Positional-SL-5204 & TGT-5264-CMP-5228(Lalit39)
Pre-Closing Outlook(19-02-2013)
When Indian markets were in Red and trading near lower levels then following lines were told in Mid-session Outlook(19-02-2013):-
1- Although slipping from higher levels today but not showing as such selling formations and emergence of consolidation patterns formation also
2- at present view is not Bearish despite slipping from higher levels.
1- Although slipping from higher levels today but not showing as such selling formations and emergence of consolidation patterns formation also
2- at present view is not Bearish despite slipping from higher levels.
As higher levels were selling was seen in previous 2 sessions therefore sustaining above 5911 will be next up trend confirmation and its possibility turned higher also.
Mid-session Outlook(19-02-2013)
Following lines were told yesterday in Technical Analysis and Market Outlook(19-02-2013)
1- emergence of more down moves possibilities.
2- Previous 2 sessions trading between 5854-5911 with lower levels consolidations and higher levels selling therefore firstly trading will be seen between this range tomorrow
Most time negative zone trading within above mentioned range in first 4 hours trading with more than quarter pct down moves and have proved accuracy of our above predictions.
Although slipping from higher levels today but not showing as such selling formations and emergence of consolidation patterns formarion also therefore policy of wait and watch for confirmations.
Let some more confirmatory signals develop then will be updated accordingly and at present view is not Bearish despite slipping from higher levels.
1- emergence of more down moves possibilities.
2- Previous 2 sessions trading between 5854-5911 with lower levels consolidations and higher levels selling therefore firstly trading will be seen between this range tomorrow
Most time negative zone trading within above mentioned range in first 4 hours trading with more than quarter pct down moves and have proved accuracy of our above predictions.
Although slipping from higher levels today but not showing as such selling formations and emergence of consolidation patterns formarion also therefore policy of wait and watch for confirmations.
Let some more confirmatory signals develop then will be updated accordingly and at present view is not Bearish despite slipping from higher levels.
Valid break out of 5854-5911 should be firstly watched for next moves confirmations.
Technical Analysis and Market Outlook(19-02-2013)
Nifty-Intra Day Chart (18-Feb-2013):-
Technical Patterns and Formations in today intraday charts
1- Selling between 5903-5911
2- All intraday Up mooves in Bearish Rising Wedge formation.
3- Whole day actual trading between 5881-5911
Following conclusive lines were told yesterday in Firstly Sideways market before Blasting moves:-
As was told yesterday same happened today and Whole day narrow range quiet trading was seen between 30 points with more than first 5 hours slow up moves with Bearish Rising Wedge formation and after that slipping from intraday higher levels. As down moves from intraday higher levels on 15-02-2013 after Bearish Rising Wedge formation and today again higher levels selling therefore emergence of more down moves possibilities. Although Nifty got support between 5854-5872 on 15-02-2013 but follow up selling just above it in previous 2 sessions therefore more down moves can not be ruled out.
Previous 2 sessions trading between 5854-5911 with lower levels consolidations and higher levels selling therefore firstly trading will be seen between this range tomorrow and this range valid break out should be firstly watched now for next moves confirmations.
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| Just click on chart for its enlarged view |
1- Selling between 5903-5911
2- All intraday Up mooves in Bearish Rising Wedge formation.
3- Whole day actual trading between 5881-5911
Conclusions from intra day chart analysis
Following conclusive lines were told yesterday in Firstly Sideways market before Blasting moves:-
Firstly sideways quiet market preparation before Blasting moves after Union Budget-2013
As was told yesterday same happened today and Whole day narrow range quiet trading was seen between 30 points with more than first 5 hours slow up moves with Bearish Rising Wedge formation and after that slipping from intraday higher levels. As down moves from intraday higher levels on 15-02-2013 after Bearish Rising Wedge formation and today again higher levels selling therefore emergence of more down moves possibilities. Although Nifty got support between 5854-5872 on 15-02-2013 but follow up selling just above it in previous 2 sessions therefore more down moves can not be ruled out.
Previous 2 sessions trading between 5854-5911 with lower levels consolidations and higher levels selling therefore firstly trading will be seen between this range tomorrow and this range valid break out should be firstly watched now for next moves confirmations.
FII & DII trading activity in Capital Market Segment on 18-Feb-2013
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Indian Stock Markets Closing Reports(18-Feb-2013)
Main features of today trading are as follows
Ratios
Index Options Put Call Ratio: 0.86
Total Options Put Call Ratio: 0.82
Nifty P/E Ratio(18-Feb-2013): 17.72
Advances & Declines
BSE Advances : 1,580
BSE Declines : 1,246
NSE Advances : 912
NSE Declines : 603
Nifty Open Interest Changed Today
Nifty- 5700 CE(Feb)- -17,050(-6.24%)
Nifty- 5700 PE(Feb)- -459,650(-6.82%)
Nifty- 5800 CE(Feb)- -69,000(-7.15%)
Nifty- 5800 PE(Feb)- 43,200(0.66%)
Nifty- 5900 CE(Feb)- 300,300(6.72%)
Nifty- 5900 PE(Feb)- -276,950(-3.98%)
Nifty- 6000 CE(Feb)- 1,213,000(16.46%)
Nifty- 6000 PE(Feb)- -135,250(-4.42%)
Closing
Sensex- closed at 19501.08(32.93 Points & 0.17%)
Nifty- closed at 5,898.20(10.80 Points & %)
CNX Midcap - closed at 7,971.05(45.85 Points & 0.58%)
CNX Smallcap- closed at 3,438.60(24.65 Points & 0.72%)
Nifty Spot-Levels & Trading Strategy for 19-02-2013
R3 5946
R2 5928
R1 5913
Avg 5895
S1 5880
S2 5862
S3 5847
Nifty Spot-Trading Strategy
H6 5931 Trgt 2
H5 5923 Trgt 1
H4 5916 Long breakout
H3 5907 Go Short
H2 5904
H1 5901
L1 5894
L2 5891
L3 5888 Long
L4 5879 Short Breakout
L5 5872 Trgt 1
L6 5864 Trgt 2
Nifty(Feb Fut)-Levels & Trading Strategy for 19-02-2013
R3 5959
R2 5940
R1 5922
Avg 5903
S1 5885
S2 5866
S3 5848
Nifty(Feb Fut)-Trading Strategy
H6 5941 Trgt 2
H5 5932 Trgt 1
H4 5924 Long breakout
H3 5914 Go Short
H2 5910
H1 5907
L1 5900
L2 5897
L3 5893 Long
L4 5883 Short Breakout
L5 5875 Trgt 1
L6 5866 Trgt 2
Bank Nifty(Feb Fut)-Levels & Trading Strategy for 19-02-2013
R3 12495
R2 12463
R1 12419
Avg 12387
S1 12343
S2 12311
S3 12267
Bank Nifty(Feb Fut)-Trading Strategy
H6 12451 Trgt 2
H5 12433 Trgt 1
H4 12416 Long breakout
H3 12395 Go Short
H2 12388
H1 12381
L1 12368
L2 12361
L3 12354 Long
L4 12333 Short Breakout
L5 12316 Trgt 1
L6 12298 Trgt 2
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