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Nifty Spot-Levels & Trading Strategy for 13-06-2013
Nifty Spot-Levels
R3 5842
R2 5817
R1 5788
Avg 5763
S1 5734
S2 5709
S3 5680
Nifty Spot-Trading Strategy
H6 5814 Trgt 2
H5 5801 Trgt 1
H4 5789 Long breakout
H3 5774 Go Short
H2 5769
H1 5764
L1 5755
L2 5750
L3 5745 Long
L4 5730 Short Breakout
L5 5718 Trgt 1
L6 5705 Trgt 2
R3 5842
R2 5817
R1 5788
Avg 5763
S1 5734
S2 5709
S3 5680
Nifty Spot-Trading Strategy
H6 5814 Trgt 2
H5 5801 Trgt 1
H4 5789 Long breakout
H3 5774 Go Short
H2 5769
H1 5764
L1 5755
L2 5750
L3 5745 Long
L4 5730 Short Breakout
L5 5718 Trgt 1
L6 5705 Trgt 2
Nifty(Jun Fut)-Levels & Trading Strategy for 13-06-2013
Nifty(Jun Fut)-Levels
R3 5864
R2 5836
R1 5803
Avg 5775
S1 5742
S2 5714
S3 5681
Nifty(Jun Fut)-Trading Strategy
H6 5832 Trgt 2
H5 5818 Trgt 1
H4 5804 Long breakout
H3 5787 Go Short
H2 5782
H1 5776
L1 5765
L2 5759
L3 5754 Long
L4 5737 Short Breakout
L5 5723 Trgt 1
L6 5709 Trgt 2
R3 5864
R2 5836
R1 5803
Avg 5775
S1 5742
S2 5714
S3 5681
Nifty(Jun Fut)-Trading Strategy
H6 5832 Trgt 2
H5 5818 Trgt 1
H4 5804 Long breakout
H3 5787 Go Short
H2 5782
H1 5776
L1 5765
L2 5759
L3 5754 Long
L4 5737 Short Breakout
L5 5723 Trgt 1
L6 5709 Trgt 2
Bank Nifty(Jun Fut)-Levels & Trading Strategy for 13-06-2013
Bank Nifty(Jun Fut)-Levels
R3 12088
R2 11996
R1 11905
Avg 11813
S1 11722
S2 11630
S3 11539
Bank Nifty(Jun Fut)-Trading Strategy
H6 11998 Trgt 2
H5 11956 Trgt 1
H4 11914 Long breakout
H3 11864 Go Short
H2 11847
H1 11830
L1 11797
L2 11780
L3 11763 Long
L4 11713 Short Breakout
L5 11671 Trgt 1
L6 11629 Trgt 2
R3 12088
R2 11996
R1 11905
Avg 11813
S1 11722
S2 11630
S3 11539
Bank Nifty(Jun Fut)-Trading Strategy
H6 11998 Trgt 2
H5 11956 Trgt 1
H4 11914 Long breakout
H3 11864 Go Short
H2 11847
H1 11830
L1 11797
L2 11780
L3 11763 Long
L4 11713 Short Breakout
L5 11671 Trgt 1
L6 11629 Trgt 2
Pre-Closing Outlook(12-06-2013)
Only consolidations and Sustaining beyond 5767 told in all the previous Outlooks today and result is clear that market recovered from lower levels and whole day hovered around 5767. Nifty traded whole day between 5739-5792 with lower levels supports and mixed patterns formations in last 2 hours,
Until Nifty will not sustain below 5767/5739 till then next down move will not be considered and next moves confirmations will be sustaining beyond today trading range(5739-5792)
Until Nifty will not sustain below 5767/5739 till then next down move will not be considered and next moves confirmations will be sustaining beyond today trading range(5739-5792)
Mid-session Outlook-2(12-06-2013)
Whole day negative zone trading after gap down opening and hovering around Long Term Trend decider 200-Days EMA(5767) but consolidation patterns formations seen today therefore following lines are being repeated which were told today in Post-open Outlook:-
Sustaining beyond 5767 should be firstly watched now for next trend confirmations.
Sustaining beyond 5767 should be firstly watched now for next trend confirmations.
Mid-session Outlook(12-06-2013)
IIP numbers and CPI data negatively surprised today and after this sustaining below 200-Days EMA(today 5767) will mean more deep down moves. As steep fall not seen immediately after announcements therefore sustaining beyond 5767 should be firstly watched today for Long Term Trend confirmations.
Post-open Outlook(12-06-2013)
Long Terms Trend decider 200-Days EMA is at 5767 today and it has been tested today through lowest formation at 5756.10. As intraday consolidation patterns with lower levels support seen today therefore until fresh selling will not develop as well as Nifty will not sustain below 5767 till then next down moves will not be considered. Although deep down moves were seen yesterday but intraday charts showed consolidation patterns indications therefore if follow up buying develop in the coming hours then correction completion will be considered near 200-Days EMA.
Sustaining beyond 5767 should be firstly watched now for next trend confirmations.
Sustaining beyond 5767 should be firstly watched now for next trend confirmations.
Following line was told yesterday in Technical Analysis and Market Outlook(11-06-2013)
correction continuation after slipping and sustaining below today lowest(5857)
Following line was told at 01:10 AM on 10-06-2013 in "Correction continuation below 5841 after Bearish pattern broken down confirmations"
high possibility of slipping below next broader support range 5841-5900 in next 2/3 sessions
Our both above predictions proved 100% accurate and today lowest formation at 5810.20.
Just click above topic links and verify on yours own as well as understand technical reasons of today down moves
Just click above topic links and verify on yours own as well as understand technical reasons of today down moves
Not only today but our Blog is full of such 100% accurate Indian Stock Market daily predictions for the last more than 3 years Anyone can verify any time from Blog Archieve at the bottom of this Blog.
Technical Analysis and Market Outlook(11-06-2013)
Nifty-Intra Day Chart (10-Jun-2013):-
Technical Patterns and Formations in today intraday charts
1-Supports between 5874-5887.
2- Selling between 5904-5914.
3- Whole day actual trading between 5857-5931.
Correction continuation and today most time trading between next strong supports range(5860-5900) and testing of its lowest(5860) as well. Good selling at higher levels in previous week and today again selling above mentioned strong supports range also but lower levels supports also seen today. As today whole day trading was news driven because firstly blasting Global cues and resultant strong Green zone trading immediately after opening but sentiment dampened also because Indian Rupee continuously weakened whole day.
Final conclusion from today intraday trading is that positions are not one sided but mixed and valid break of today trading range will be next trend following confirmations:-
1- Deeper correction confirmation below 5857.
2- First indication of up moves above 5931 and confirmation will be after sustaining above 5981.
Just click on chart for its enlarged view |
1-Supports between 5874-5887.
2- Selling between 5904-5914.
3- Whole day actual trading between 5857-5931.
Conclusions from intra day chart analysis
Correction continuation and today most time trading between next strong supports range(5860-5900) and testing of its lowest(5860) as well. Good selling at higher levels in previous week and today again selling above mentioned strong supports range also but lower levels supports also seen today. As today whole day trading was news driven because firstly blasting Global cues and resultant strong Green zone trading immediately after opening but sentiment dampened also because Indian Rupee continuously weakened whole day.
Final conclusion from today intraday trading is that positions are not one sided but mixed and valid break of today trading range will be next trend following confirmations:-
1- Deeper correction confirmation below 5857.
2- First indication of up moves above 5931 and confirmation will be after sustaining above 5981.
As Bearish Head & Shoulders pattern formations confirmation and higher levels good selling in previous week and some selling also seen today therefore expected that follow up selling will develop in the coming sessions and high possibility of correction continuation after slipping and sustaining below today lowest(5857)
FII & DII trading activity in Capital Market Segment on 10-Jun-2013
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Nifty Spot-Levels & Trading Strategy for 11-06-2013
Nifty Spot-Levels
R3 5994
R2 5962
R1 5920
Avg 5888
S1 5846
S2 5814
S3 5772
Nifty Spot-Trading Strategy
H6 5952 Trgt 2
H5 5935 Trgt 1
H4 5918 Long breakout
H3 5898 Go Short
H2 5891
H1 5884
L1 5871
L2 5864
L3 5857 Long
L4 5837 Short Breakout
L5 5820 Trgt 1
L6 5803 Trgt 2
R3 5994
R2 5962
R1 5920
Avg 5888
S1 5846
S2 5814
S3 5772
Nifty Spot-Trading Strategy
H6 5952 Trgt 2
H5 5935 Trgt 1
H4 5918 Long breakout
H3 5898 Go Short
H2 5891
H1 5884
L1 5871
L2 5864
L3 5857 Long
L4 5837 Short Breakout
L5 5820 Trgt 1
L6 5803 Trgt 2
Nifty(Jun Fut)-Levels & Trading Strategy for 11-06-2013
Nifty(Jun Fut)-Levels
R3 6004
R2 5971
R1 5932
Avg 5899
S1 5860
S2 5827
S3 5788
Nifty(Jun Fut)-Trading Strategy
H6 5965 Trgt 2
H5 5948 Trgt 1
H4 5932 Long breakout
H3 5912 Go Short
H2 5906
H1 5899
L1 5886
L2 5879
L3 5873 Long
L4 5853 Short Breakout
L5 5837 Trgt 1
L6 5820 Trgt 2
R3 6004
R2 5971
R1 5932
Avg 5899
S1 5860
S2 5827
S3 5788
Nifty(Jun Fut)-Trading Strategy
H6 5965 Trgt 2
H5 5948 Trgt 1
H4 5932 Long breakout
H3 5912 Go Short
H2 5906
H1 5899
L1 5886
L2 5879
L3 5873 Long
L4 5853 Short Breakout
L5 5837 Trgt 1
L6 5820 Trgt 2
Bank Nifty(Jun Fut)-Levels & Trading Strategy for 11-06-2013
Bank Nifty(Jun Fut)-Levels
R3 12645
R2 12500
R1 12297
Avg 12152
S1 11949
S2 11804
S3 11601
Bank Nifty(Jun Fut)-Trading Strategy
H6 12444 Trgt 2
H5 12364 Trgt 1
H4 12285 Long breakout
H3 12189 Go Short
H2 12157
H1 12125
L1 12062
L2 12030
L3 11998 Long
L4 11902 Short Breakout
L5 11823 Trgt 1
L6 11743 Trgt 2
R3 12645
R2 12500
R1 12297
Avg 12152
S1 11949
S2 11804
S3 11601
Bank Nifty(Jun Fut)-Trading Strategy
H6 12444 Trgt 2
H5 12364 Trgt 1
H4 12285 Long breakout
H3 12189 Go Short
H2 12157
H1 12125
L1 12062
L2 12030
L3 11998 Long
L4 11902 Short Breakout
L5 11823 Trgt 1
L6 11743 Trgt 2
Pre-Closing Outlook-2(10-06-2013)
As Indian Rupee weakened by 25 paisa against USD in last 1 hour therefore its direct impact seen and Indian stock markets slipped as well as most crucial support of 5860 was tested. Next down moves confirmations are still required through sustaining below 5874/5860.
Pre-Closing Outlook(10-06-2013)
Recovery seen after lower levels consolidations and supports between 5874-5882 but and slipping after more than half hour selling between 5904-5914. Certainly intraday patterns are mixed today and valid break mout of today actual trading range(5874-5918) should be firstly watched for next immediate moves confirmations.
Mid-session Outlook-2(10-06-2013)
Although today lowest broken down and now Nifty is trading in Red after loosing all hefty intraday gains but last more than 2 hours intraday charts are showing consolidation indications therefore until Nifty will not sustaining below 5860 till then deeper correction will not be seen. Firstly sustaining beyond 5860 should be watched for next trend confirmations
Mid-session Outlook(10-06-2013)
As good selling at higher levels therefore down moves were told in previous Outlooks and it was seen also that Indian markets could not sustain at higher levels despite strong global cues. Although Nifty is trading near today intraday lows but emergence of consolidation patterns therefore sustaining beyond following range should be firstly watched for next moves confirmations:-
5860-5981
5860-5981
Pre-open Outlook(10-06-2013)
Nifty traded between 5871-5945 in last more than 2 hours last Friday and slipped in last hour after almost 2 hours selling between 5917-5945. As sentiment is positive today morning after strong global markets and Asian markets are recovering from lower levels therefore Nifty will firstly trade between 5871-5945 and prepare for next moves. Although finally down moves are expected below 5871 but precautionally sustaining beyond 5871-5945 should also be watched:-
1- For steep fall below 5871 or
2- For up moves above 5945 but complete consolidation is firstly required within mentioned range.
1- For steep fall below 5871 or
2- For up moves above 5945 but complete consolidation is firstly required within mentioned range.
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