ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥


 This is the "Oldest & Only Website" of whole World
which is updating Nifty & Indian Stock Markets
"Daily and Weekly accurate Outlooks" 
with "Intraday Charts Analysis"for the 
last more than "14 years" means from "2010"
For its live Proofs just see "Archive"
in the "bottom of this Website".

Trading "calls" from our "Software" with more than "90% accuracy"

FII & DII trading activity in Capital Market Segment on 19-Mar-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII19-Mar-2013 3881.393818.7662.63

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII19-Mar-2013 1481.041409.6671.38

Nifty Spot-Levels & Trading Strategy for 20-03-2013

Nifty Spot-Levels

R3 5969
R2 5916
R1 5830
Avg 5777
S1 5691
S2 5638
S3 5552

Nifty Spot-Trading Strategy

H6 5884     Trgt 2
H5 5852     Trgt 1
H4 5821     Long breakout
H3 5783     Go Short
H2 5770
H1 5757
L1 5732
L2 5719
L3 5706     Long
L4 5668     Short Breakout
L5 5637     Trgt 1
L6 5605     Trgt 2

Nifty(Mar Fut)-Levels & Trading Strategy for 20-03-2013

Nifty(Mar Fut)-Levels

R3 5967
R2 5918
R1 5834
Avg 5785
S1 5701
S2 5652
S3 5568

Nifty(Mar Fut)-Trading Strategy

H6 5884     Trgt 2
H5 5854     Trgt 1
H4 5824     Long breakout
H3 5787     Go Short
H2 5775
H1 5763
L1 5738
L2 5726
L3 5714     Long
L4 5677     Short Breakout
L5 5647     Trgt 1
L6 5617     Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 20-03-2013

Bank Nifty(Mar Fut)-Levels

R3 12218
R2 12048
R1 11790
Avg 11620
S1 11362
S2 11192
S3 10934

Bank Nifty(Mar Fut)-Trading Strategy

H6  11963    Trgt 2
H5  11865    Trgt 1
H4  11767    Long breakout
H3  11649    Go Short
H2  11610
H1  11571
L1  11492
L2  11453
L3  11414   Long
L4  11296    Short Breakout
L5  11198    Trgt 1
L6  11100    Trgt 2

Pre-Closing Outlook(19-03-2013)

Correction is going on and its continuation is expected because negative news flow and technically weaker market. As Short term indicators are oversold therefore Pull Back rally may be seen any time but until complete consolidation will not happen till then any sustained rally will not be seen.

Mid-session Outlook(19-03-2013)

As Political uncertainty mounted due to DMK withdrawn support from UPA Govt therefore market tanked but immediate announcement of reconsidering if Govt supports on Tamil issue. It should be kept in mind that Bear rules during unstable regimes. As DMK has given time to Govt therefore coming days will be full of uncertainty and market will be volatile according to news flow.

Post-open Outlook(19-03-2013)

Bounce back possibility was told in all 3 previous Outlooks of yesterday and today and it was seen today as well as Nifty traded 27 Points up immediately after opening today.

Following line was also told at  08:24 AM today in 'Just Watch 5815-5850 for Market Reaction on RBI Credit Policy'

firstly trading is expected within yesterday trading range.

Nifty slipped within yesterday range immediately after opening and trading within it since then. As next moves preparation within yesterday trading range and its valid break out will form next decisive trend after Credit Policy therefore should be firstly watched today.

Bank Nifty(Mar Fut)- Intraday Trading Strategy,levels and Targets for 19-03-2013

 -------------------------------------------------

Buy at or above:-11799
-------------------------------
1st Targets:11820
2nd Targets:11847
3rd Targets:11875
4th Targets:11902
-------------------------------
Stop Loss:11772
-------------------------------------------------
Sell at or below:-11772
-------------------------------
1st Targets:11751
2nd Targets:11723
3rd Targets:11696
4th Targets:11669
-------------------------------
Stop Loss:11799
-------------------------------------------------
Trading guidance:-

1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.

Nifty(Mar Fut)- Intraday Trading Strategy,levels and Targets for 19-03-2013

 -------------------------------------------------
Buy at or above:-5852
-------------------------------
1st Targets:5868
2nd Targets:5887
3rd Targets:5906
4th Targets:5926
-------------------------------
Stop Loss:5833
-------------------------------------------------
Sell at or below:-5833
-------------------------------
1st Targets:5816
2nd Targets:5797
3rd Targets:5778
4th Targets:5759
-------------------------------
Stop Loss:5852
-------------------------------------------------
Trading guidance:-

1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.
6- Firstly  go through today Outlooks also for better profits and more accuracy.

Just Watch 5815-5850 for Market Reaction on RBI Credit Policy

Technical Analysis and Market Outlook
(19-03-2013)
Nifty-Intra Day Chart (18-Mar-2013):-
Just click on chart for its enlarged view
Technical Patterns and Formations in today intraday charts

1- Down moves in Bullish Falling Channel.
2- Lower levels supports and consolidation patterns between 5815-5829
3- Selling between 5831-5850
3- Whole day actual trading between 5815-5850

Conclusions from intra day chart analysis

As lower levels good supports and consolidation patterns formations yesterday therefore Bounce back possibility was told yesterday and being repeated today. As correction is on and only 4/5 hours consolidation is not sufficient therefore more follow up consolidation is required for decisive up moves because good selling and multiple resistances at higher levels upto 5970. 

As good selling at higher levels in previous sessions and equally required consolidation has not seen yet therefore only bounce may be seen but immediate big rally can not be expected after whatsoever good announcements by RBI and,on the other hand any disappointment will mean sharp fall also therefore strict stop losses should be kept in the systems because sudden sharp intraday moves can not be ruled out after Credit Policy today. 

Minor selling was also seen at higher levels yesterday therefore mixed intraday patterns formations and firstly trading is expected within yesterday trading range. As intraday volatility is also expected after RBI Credit Policy announcement today therefore finally sustaining beyond yesterday trading range(5815-5850) should be watched for the confirmation of market reaction on RBI Credit Policy and next decisive big moves. 

FII & DII trading activity in Capital Market Segment on 18-Mar-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII18-Mar-2013 2697.352191.35506

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII18-Mar-2013 615.211075.1-459.89

Nifty Spot-Levels & Trading Strategy for 19-03-2013


Nifty Spot-Levels

R3 5888
R2 5869
R1 5852
Avg 5833
S1 5816
S2 5797
S3 5780

Nifty Spot-Trading Strategy

H6 5871     Trgt 2
H5 5862     Trgt 1
H4 5854     Long breakout
H3 5844     Go Short
H2 5841
H1 5838
L1 5831
L2 5828
L3 5825     Long
L4 5815     Short Breakout
L5 5807     Trgt 1
L6 5798    Trgt 2

Nifty(Mar Fut)-Levels & Trading Strategy for 19-03-2013


Nifty(Mar Fut)-Levels

R3 5903
R2 5886
R1 5868
Avg 5851
S1 5833
S2 5816
S3 5798

Nifty(Mar Fut)-Trading Strategy

H6 5886     Trgt 2
H5 5878     Trgt 1
H4 5870     Long breakout
H3 5860     Go Short
H2 5857
H1 5854
L1 5847
L2 5844
L3 5841     Long
L4 5831     Short Breakout
L5 5823     Trgt 1
L6 5815     Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 19-03-201


Bank Nifty(Mar Fut)-Levels

R3 12055
R2 11958
R1 11876
Avg 11779
S1 11697
S2 11600
S3 11518

Bank Nifty(Mar Fut)-Trading Strategy

H6 11974     Trgt 2
H5 11933     Trgt 1
H4 11892     Long breakout
H3 11843     Go Short
H2 11826
H1 11810
L1 11777
L2 11761
L3 11744     Long
L4 11695     Short Breakout
L5 11654     Trgt 1
L6 11613     Trgt 2

Pre-Closing Outlook(18-03-2013)

When Nifty was .79% weak after gap down opening then following line was told today at 01:41:00 PM in Mid-session Outlook(18-03-2013)

Bounce back possibility can not be ruled out

Lower levels supports and consolidation patterns between 5815-5829 today therefore possibility of some up moves and next down moves will be considered after sustaining below 5815.

Mid-session Outlook(18-03-2013)

As Cyprus bailout plans triggered fears of an escalation of the eurozone debt crisis therefore blood bath in all Global markets and Indian markets are also more than .79% weak after gap down opening but outperforming global markets because all other Asian and European markets are .80% to 2.70% down. Nifty is quiet between 5815-5842 and not shown selling patterns therefore Bounce back possibility can not be ruled out and valid break out of mentioned trading range will be next moves confirmation.

Sentiment is completely depressed today and slipping below today trading lows(5815) is possible but sustaining below mentioned levels is must for next down moves confirmations.

Nifty(Mar Fut)- Intraday Trading Strategy,levels and Targets for 18-03-2013

 -------------------------------------------------
Buy at or above:-5909 
-------------------------------
1st Targets:5926
2nd Targets:5945
3rd Targets:5964
4th Targets:5983
-------------------------------
Stop Loss:5890
-------------------------------------------------
Sell at or below:-5890
-------------------------------
1st Targets:5874
2nd Targets:5855
3rd Targets:5836
4th Targets:5816
-------------------------------
Stop Loss:5909
-------------------------------------------------
Trading guidance:-

1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.
6- Firstly  go through today Outlooks also for better profits and more accuracy.

Bank Nifty(Mar Fut)- Intraday Trading Strategy,levels and Targets for 18-03-2013

 -------------------------------------------------
Buy at or above:-11881
-------------------------------
1st Targets:11902
2nd Targets:11929
3rd Targets:11956
4th Targets:11984
-------------------------------
Stop Loss:
-------------------------------------------------
Sell at or below:-11853
-------------------------------
1st Targets:11832
2nd Targets:11805
3rd Targets:11778
4th Targets:11751
-------------------------------
Stop Loss:11881
-------------------------------------------------
Trading guidance:-

1- Trade with Strict Stop Loss
2- Trade along the trend.
3- Cover at any Target or hold for next target with previous target as Stop Loss.
4- May reverse yours trade also according to market with previous level as Stop Loss.
5- Profitable intraday trading strategy in trending and volatile markets.

Correction Continuation after Pull Back rally termination

Technical Analysis,Research & Weekly Outlook
(Mar 18 to Mar 22,2013)

Waves Structure of Rally after 2008 correction completion
Nifty-Weekly Chart (15-Mar-2013):-
Just click on chart for its enlarged view
Technical Patterns and Formations in Weekly charts

1- 2252.75 on 27-10-2008(Wave-1 begining after 2008 correction completion)
2- Impulsive  Wave-1 Completion(3240.55 on 05-11-2008) 
3- Corrective Wave-2 Completion(2539.45 on 06-03-2009) 
4- Impulsive  Wave-3 Completion(5399.65 on 07-04-2010) 
5- Corrective Wave-4 Completion(4786.45 on 28-05-2010)  
6- Impulsive  Wave-5 Completion(6338.50 on 05-11-2010) 
7- Correction beginning after Wave 1 rally completion at 6338.50 on 05-11-2010.
8- Impulsive  Wave-1 Completion(5690.35 on 26-11-2010) 
9- Corrective Wave-2 Completion(6181.05 on 04-01-2011) 
10- Impulsive  Wave-3 Completion(4720.00 on 26-08-2011)
11- Corrective  Wave-4 Completion(5399.70 on 28-10-2011)
12- Impulsive  Wave-5 Completion(4531.15 on 20-12-2011)
13- Rally beginning after 13 Months Wave-2 correction completion at 4531.15 on 20-12-2011.
14- Impulsive  Wave-1 Completion(5629.95 on 22-02-2012)
15- Corrective  Wave-2 Completion(4770.35 on 04-06-2012)
16- Impulsive  Wave-3 Completion(5815.35 on 05-10-2012)
17- Corrective  Wave-4 Completion(5548.35 on 20-11-2012)
18- Impulsive  Wave-5 Completion(6111.80 on 29-01-2013)
19- Correction beginning after Wave 3 completion at 6111.80 on 29-01-2013.
20- Bottom formation of on going correction at 5663.60 on 04-03-2013 and Pull back rally beginning.
21- Top formation of on going Pull back rally at 5971.20 on 11-03-2013

Conclusions from Weekly chart analysis 

As correction of Wave 3 started after 5th wave completion therefore Nifty will correct all 1580.55 of Wave 3 points which gained within whole rally between 4531.15 and 6111.80. Now technical patterns formations and Waves Structure of Wave 3 has to be understood.

Waves Structure of Wave 3
Nifty-EOD Chart (15-Mar-2013):-
Just click on chart for its enlarged view
Technical Patterns and Formations in EOD charts

1- Rally beginning after 13 Months Wave-2 correction completion at 4531.15 on 20-12-2011.
2- Wave-1(5629.95 on 22-02-2012)
3- Wave-2(4770.35 on 04-06-2012)
4- Wave-3(5815.35 on 05-10-2012)
5- Wave-4(5548.35 on 20-11-2012)
6- Wave-5(6111.80 on 29-01-2013)
7- Wave-5 completion after 61 Sessions sideways trading between 5823-6111 with Bearish Head and Shoulders pattern formations and its Neckline(5823) broken down on 26-02-2013.
7- Bottom formation of on going correction at 5663.60 on 04-03-2013 and Pull back rally beginning.
8- Top formation of on going Pull back rally at 5971.20 on 11-03-2013

Conclusions from EOD chart analysis 

As Wave-3 correction begun after Wave-5 as well as Bearish Head and Shoulders pattern formations and its Neckline(5823) has also broken down therefore deeper correction was seen. Pull back rally beginning on 04-03-2013 and its completion at 5971.20 on 11-03-2013 as well as fresh down moves started in previous week.

Conclusions (After Putting All Studies Together)

Correction continuation and for its completion following Fibonacci Retracement Levels should be firstly watched:-

13.0%- 5905  (Corrected)
23.6%- 5738  (Corrected)
27.0%- 5684  (Corrected)
38.2%- 5507 (Most crucial Levels)
50.0%- 5321 (Most crucial Levels)
61.8%- 5134 (Most crucial Levels)
70.7%- 4993
76.4%- 4903
78.6%- 4869
88.6%- 4711

Next supports of on going rally are as follows:-

1- 5793
2- 5664
3- 5548

Pull Back rally could not sustain above next strong resistances(5940-5970) and completed after top formation at 5971.20 on 11-03-2013. As good intraday selling seen at higher levels therefore We clearly told for down moves and told following lines in Technical Analysis and Market Outlook(13-03-2013):-

possibility of Pull Back rally termination as well as down moves in the coming sessions.

We repeated above conclusions in following topic again in Correction Continuation and told following lines:-

1- possibility of Pull Back rally termination as well as down moves in the coming sessions.
2- despite more down moves possibility.

Expected that previous week begun correction will remain continued in coming week and above mentioned supports as well as Fibonacci Retracement Levels should be watched for the possibility of correction completion. As good selling seen at higher levels in previous weeks therefore completion consolidation is required for correction completion and let it happen then correction completion will be considered.
Weekly Outlook(Mar 18 to Mar 22,2013) and Intraday Trading Strategy,levels and Targets for 16-03-2013 will be updated within next 3/4 hours today