Nifty(Apr Fut)- Intraday Trading levels , Strategy and Targets for 10-04-2013

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Buy at or above:-5513
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1st Targets:5528
2nd Targets:5547
3rd Targets:5566
4th Targets:5584
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Stop Loss:5494
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Sell at or below:-5494
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1st Targets:5478
2nd Targets:5460
3rd Targets:5441
4th Targets:5423
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Stop Loss:5513
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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(Apr Fut)- Intraday Trading levels,Strategy and Targets for 10-04-2013

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Buy at or above:-10946
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1st Targets:10967
2nd Targets:10993
3rd Targets:11019
4th Targets:11045
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Stop Loss:10920
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Sell at or below:-10920
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1st Targets:10899
2nd Targets:10873
3rd Targets:10847
4th Targets:10821
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Stop Loss:10946
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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.

FII Trading Data in Derivatives Segment on 09-Apr-2013

FII & DII trading activity in Capital Market Segment on 09-Apr-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 09-Apr-2013 2080.02 2744.92 -664.9

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 09-Apr-2013 1628.17 640.36 987.81

Indian Stock Markets Closing Reports(09-Apr-2013)

Main features of today trading are as follows

Ratios

Index Options Put Call Ratio:0.93
Total Options Put Call Ratio:0.90
Nifty P/E Ratio(09-Apr-2013):16.59

Advances & Declines

BSE Advances :  544
BSE Declines :1,147
NSE Advances :  419
NSE Declines :  902

Nifty Open Interest Changed Today

Nifty- 5300  CE(Apr)- 18,400(5.18%)
Nifty- 5300  PE(Apr)- -224,650(-5.48%)

Nifty- 5400  CE(Apr)- 312,250(42.16%)
Nifty- 5400  PE(Apr)- 745,450(17.25%)

Nifty- 5500  CE(Apr)- 1,537,050(82.82%)
Nifty- 5500  PE(Apr)- -190,050(-3.35%)

Nifty- 5600  CE(Apr)- 531,300(9.70%)
Nifty- 5600  PE(Apr)- 367,800(6.68%)

Nifty- 5700  CE(Apr)- -191,950(-2.20%)
Nifty- 5700  PE(Apr)- -712,550(-19.53%)

Closing

Sensex- closed at 18,226.48(-211.30 Points & -1.15%)
Nifty- closed at 5,495.10(-47.85 Points & -0.86%)
CNX Midcap - closed at 7,370.65(-58.95 Points & -0.79%)
CNX Smallcap- closed at 1,925.55(-21.00 Points & -1.08%)

Nifty Spot-Levels & Trading Strategy for 10-04-2013

Nifty Spot-Levels

3 5685
R2 5644
R1 5569
Avg 5528
S1 5453
S2 5412
S3 5337

Nifty Spot-Trading Strategy

H6 5611     Trgt 2
H5 5584     Trgt 1
H4 5558     Long breakout
H3 5526     Go Short
H2 5516
H1 5505
L1 5484
L2 5473
L3 5463     Long
L4 5431     Short Breakout
L5 5405     Trgt 1
L6 5378     Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 10-04-2013

Nifty(Apr Fut)-Levels

R3 5711
R2 5666
R1 5583
Avg 5538
S1 5455
S2 5410
S3 5327

Nifty(Apr Fut)-Trading Strategy

H6 5628     Trgt 2
H5 5599     Trgt 1
H4 5570     Long breakout
H3 5535     Go Short
H2 5523
H1 5511
L1 5488
L2 5476
L3 5464     Long
L4 5429     Short Breakout
L5 5400     Trgt 1
L6 5371     Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 10-04-2013

Bank Nifty(Apr Fut)-Levels

R3 11477
R2 11362
R1 11153
Avg 11038
S1 10829
S2 10714
S3 10505

Bank Nifty(Apr Fut)-Trading Strategy

H6 11268     Trgt 2
H5 11195     Trgt 1
H4 11122     Long breakout
H3 11033     Go Short
H2 11003
H1 10973
L1 10914
L2 10884
L3 10854     Long
L4 10765     Short Breakout
L5 10692     Trgt 1
L6 10619     Trgt 2

CRUDEOIL-Apr Fut-Selling Trade

CRUDEOIL-Apr Fut-Sell-Intraday/Positional-SL-5126 & TGT-5026-CMP-5092(Lalit39)

Pre-Closing Outlook(09-04-2013)

5535 broken down and with this termination of Bullish markets hopes as well as those crucial levels broken down confirmation which were told in Technical Analysis and Market Outlook(09-04-2013).

Following line was also told and being repeated:-

Below 5535 will mean crashing like situation in Indian markets and testing of unbelievable lower levels

Mid-session Outlook-2(09-04-2013)

Although forceful break out of previous 2 sessions trading range but not sustaining at higher levels and again slipping into mentioned range. Now again trading within mentioned range(5535-5575) amid high volatility and no other way but to wait for valid break out of mentioned range for next moves confirmations.

Mid-session Outlook(09-04-2013)

Last 2 sessions trading range(5535-5575) broken out forcefully and out performing Global markets as well therefore first strong indication of impulsive Wave 5 beginning after 48 sessions Wave 4 correction completion and confirmation will be after sustaining above Long Term Trend decider 200 Day EMA(5669). 

Post-open Outlook(09-04-2013)

Strong global cues led gap up opening and most time trading within last 2 sessions trading range(5535-5575). Although first 2 minutes trading above 5575 today but its break out confirmation is required and that is must because today positive trading is only Global markets reaction.

Technical Analysis and Market Outlook(09-04-2013)

Nifty-Intra Day Chart (Apr 05 & Apr 08,2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 2 Sessions intraday charts

1- Down moves in Bullish Falling Channel on 05-04-2013
2- Support at lower levels between 5535-5546 in both sessions.
3- Selling Patterns between 5551-5560 on 08-04-2013
4- 2 Sessions actual trading between 5535-5575 

Conclusions from 2 Sessions intra day chart analysis 

Following Crucial levels have been broken down:-

1- 5629.95(Top of Wave 1)
2- 5669(200 Day EMA on 08-04-2012)
3- 5643(200 Day DMA at 08-04-2012)
4- 5548.35(Strong support because Wave v begun from this levels after almost 2 months range bound consolidations)

Only breaking down confirmations of above levels is left and that will be through valid break out of last 2 sessions 40 points narrow trading  range(5535-5575) for following big moves:- 

1- Below 5535 will mean crashing like situation in Indian markets and testing of unbelievable lower levels.
2- Above 5575 will mean Wave 5 beginning to form new highs above 6111 but after sustaining above Long Term Trend decider 200 Day EMA(5669)

As last 2 sessions trading with mixed intraday patterns formations between 5535-5575 therefore valid break out of this range must be firstly watched for above mentioned next trend confirmations.

FII & DII trading activity in Capital Market Segment on 08-Apr-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 08-Apr-2013 1546.88 1710.83 -163.95

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 08-Apr-2013 777.09 564.37 212.72

Nifty Spot-Levels & Trading Strategy for 09-04-2013

Nifty Spot-Levels

R3 5593
R2 5581
R1 5561
Avg 5549
S1 5529
S2 5517
S3 5497

Nifty Spot-Trading Strategy

H6 5574     Trgt 2
H5 5566     Trgt 1
H4 5559     Long breakout
H3 5550     Go Short
H2 5547
H1 5544
L1 5539
L2 5536
L3 5533     Long
L4 5524     Short Breakout
L5 5517     Trgt 1
L6 5509     Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 09-04-2013

Nifty(Apr Fut)-Levels

3 5617
R2 5602
R1 5580
Avg 5565
S1 5543
S2 5528
S3 5506

Nifty(Apr Fut)-Trading Strategy

H6 5596     Trgt 2
H5 5587     Trgt 1
H4 5579     Long breakout
H3 5569     Go Short
H2 5565
H1 5562
L1 5555
L2 5552
L3 5548     Long
L4 5538     Short Breakout
L5 5530     Trgt 1
L6 5521     Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 09-04-2013

Bank Nifty(Apr Fut)-Levels

R3 11296
R2 11241
R1 11144
Avg 11089
S1 10992
S2 10937
S3 10840

Bank Nifty(Apr Fut)-Trading Strategy

H6 11199     Trgt 2
H5 11164     Trgt 1
H4 11130     Long breakout
H3 11088     Go Short
H2 11074
H1 11060
L1 11033
L2 11019
L3 11005     Long
L4 10963     Short Breakout
L5 10929     Trgt 1
L6 10894     Trgt 2

Pre-Closing Outlook(08-04-2013)

2 Sessions trading between 5535-5575 with good consolidations last Friday and today lower levels supports but selling patterns formations at higher levels also seen today therefore View is cautious and valid break out of mentioned trading range should be firstly watched for next decisive moves and Trend confirmation.

Mid-session Outlook-2(08-04-2013)

Quiet market between 5538-5568 with selling indications at higher levels but lower levels good supports also therefore valid break out of mentioned today trading range will be next decisive moves and Trend confirmation.

Mid-session Outlook(08-04-2013)

Although consolidation patterns formations last Friday but selling indications today therefore view is cautious and will be Bullish only after sustaining above those crucial levels which have been updated in previous Outlook. 

View is cautious and not Bearish at this moment because only selling indications today.