FII & DII trading activity in Capital Market Segment on 24-Jun-2013

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 24-Jun-2013 2344.26 3897.24 -1552.98

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 24-Jun-2013 1897.71 966.6 931.11

Bank Nifty(Jun Fut)-Levels & Trading Strategy for 25-06-2013

Bank Nifty(Jun Fut)-Levels

R3 11427
R2 11357
R1 11272
Avg 11202
S1 11117
S2 11047
S3 10962

Bank Nifty(Jun Fut)-Trading Strategy

H6 11343     Trgt 2
H5 11308     Trgt 1
H4 11273     Long breakout
H3 11230     Go Short
H2 11216
H1 11202
L1 11173
L2 11159
L3 11145     Long
L4 11102     Short Breakout
L5 11067     Trgt 1
L6 11032     Trgt 2

Nifty(Jun Fut)-Levels & Trading Strategy for 25-06-2013

Nifty(Jun Fut)-Levels

R3 5697
R2 5662
R1 5625
Avg 5590
S1 5553
S2 5518
S3 5481

Nifty(Jun Fut)-Trading Strategy

H6 5660     Trgt 2
H5 5644     Trgt 1
H4 5627     Long breakout
H3 5607     Go Short
H2 5601
H1 5594
L1 5581
L2 5574
L3 5568     Long
L4 5548     Short Breakout
L5 5532     Trgt 1
L6 5515     Trgt 2

Nifty Spot-Levels & Trading Strategy for 25-06-2013

Nifty Spot-Levels

R3 5705
R2 5672
R1 5631
Avg 5598
S1 5557
S2 5524
S3 5483

Nifty Spot-Trading Strategy

H6 5664     Trgt 2
H5 5647     Trgt 1
H4 5630     Long breakout
H3 5610     Go Short
H2 5603
H1 5596
L1 5583
L2 5576
L3 5569     Long
L4 5549     Short Breakout
L5 5532     Trgt 1
L6 5515     Trgt 2

Pre-Closing Outlook(24-06-2013)

First 4 hours sideways trading but lower levels broken down forcefully after sharp fall in all European markets and US Futures(Dow' Futures trading more than 100 points down now). Termination of bounce back  possibility and correction continuation.

Mid-session Outlook(24-06-2013)

Although sentiment is completely depressed today after Shanghai Composite turning more than 4.5% down but Indian markets are out performing global cues since opening today and almost 1% down. Some selling at higher levels but emergence of consolidation signals also at lower levels today therefore firstly sustaining below 5607(now trading at 5604) will be firstly watched today for next immediate down moves confirmations.

Post-open Outlook-3(24-06-2013)

As Indian markets are less down than Global markets therefore out performing and today first hour trading range(5607-5636) valid break out should be watched for next immediate moves confirmations.

Post-open Outlook-2(24-06-2013)

Shanghai Composite is more than 3% down and Hang Seng is more than1.5% down but Indian markets are less than 1% down and out performing today therefore volatility will remain high.

Post-open Outlook(24-06-2013)

Weak opening but Indian markets are out performing Global markets today.

As busy in last 2 days therefore could not prepare Weekly analysis and Mid-session Outlooks will be posted during trading hours today 

Live proofs of 100% Accurate Miraculous predictions of Indian Stock Markets

We told at 06:28 AM in 19-06-2013 in Technical Analysis and Market Outlook:-

finally down moves below 5807 are expected tomorrow despite whatsoever declarations from FOMC tonight

Who can tell such words in whole India?

All were waiting for FOMC announcements but we clearly predicted Indian markets reaction one day before from our more than 15 years experience of intraday charts analysis. Not only above prediction but our Blog is full of such 100% accurate Indian Stock Market daily predictions for the last more than 4 years Anyone can verify any time from Blog archive at the bottom of this Blog.

Pre-Closing Outlook(21-06-2013)

Although Nifty was trading in Green and hovering around 5685 then following line was told in previous Outlook:-

"Outlook is still Bearish"

As was told,same happened and Nifty traded at 5625 after slipping from higher levels.

View is still Bearish but some recovery can not be ruled out in US markets today after previous couple of sessions huge down moves and its reaction may also be seen in Asian markets next Monday. As selling patterns seen at higher levels today therefore finally same Bearish view.

Mid-session Outlook(21-06-2013)

Sentiment was extremely depressed after huge fall in US markets yesterday but Dow's Futures is trading more than 80 points up therefore technical bounce back in all Asian markets and same reaction seen in Indian markets also through recovery from lower levels. Following line was told in previous Outlook:-

As Short Term Indicators are oversold therefore Pull Back rally or Bounce Back may be seen any day but that will fuse after very Short Term up move.

At present only short lived Pull Back rally/Bounce Back will be considered and until complete consolidation will not happen till then any decisive rally will not be seen. Next resistances are between 5685-5710 and and decisive up move first signal will be after sustaining above 5710,let it happen otherwise more down moves possibility is still alive.

Now Nifty is trading near about the lower levels of above mentioned resistance range and firstly sustaining beyond its lowest(5685) should be watched and Outlook is still Bearish.

Global Financial Markets Quake

Technical Analysis and Market Outlook 
(21-06-2013)

Fed's QE3 withdrawal created quake like situation in all global financial markets and US markets led free fall and crashing like reaction being seen all around. Long Term Trend turned down after confirmation of sustaining below 200-Day EMA and it means that more down moves as well as any sustained rally only after complete consolidations. As Short Term Indicators are oversold therefore Pull Back rally or Bounce Back may be seen any day but that will fuse after very Short Term up move.

No bottom fishing and mouth watering after seeing cheaper rates because markets touches extreme situations and completely consolidate before trend reversal,let it happen then will be updated in the same manner as was told with following lines in previous Outlooks:-

1- Technically Indian markets are prepared for down moves because good selling in previous sessions
2- finally down moves below 5807 are expected tomorrow despite whatsoever declarations from FOMC tonight.
3- Finally down moves are expected because today up moves are news based only and expected that Nifty will not sustain above yesterday highest(5854)
4- may be intraday volatility also because selling patterns formations seen in first hour today.
5- weakness is still expected despite trading near higher levels of today after recovery from lower levels.
6- higher levels selling patterns formations today and suggesting more weakness.
7- follow up selling and sustaining below it will mean last Friday started Pull Back rally termination. 

As Markets are not moving on technicals and reacting Global news today therefore Charts analysis is not being posted today but detailed analysis with next possibilities and targets will be updated in the weekly analysis of next week.

Tsunami in Global Financial Markets

Mid-session Outlook(20-06-2013)

As such no negative announcement by FOMC but over reaction and panic like situation in all Global markets. Let sentiment cool down then market will catch its direction but 200-Day EMA broken down with force after gap down opening and almost confirmation of entering into Bear phase and emergence more down moves possibilities.

It should be kept in mind that buying in such type of market is like catching falling knife and resultant hand full of one's own blood therefore long positions should be created after complete consolidations.

Technical Analysis and Market Outlook(20-06-2013)

Nifty-Intra Day Chart (19-Jun-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Bullish Inverse Head and Shoulder formation.
2- Up moves in Bearish Rising Channel.
3- Whole day actual trading between 5778-5828

Conclusions from intra day chart analysis

Bullish Inverse Head and Shoulder formation in first 2 hours and after that whole day up moves in Bearish Rising Channel. As good selling in previous 2 sessions therefore only down moves were told it was seen yesterday and Nifty traded most time in negative zone. As soon as Bullish Inverse Head and Shoulder formation developed then also it was updated at at 11:15 AM in Mid-session Outlook and Nifty moved up whole day as well as closed near the higher levels but Bearish Rising Channel formation developed also.

Although US markets tumbled after FOMC statement but as per our view it was overreaction and as such no negative declaration. As sentiment dampened today therefore all round Global market weakness cant be ruled out today and Indian markets will not be spared also. Technically Indian markets are prepared for down moves because good selling in previous sessions but valid break down below yesterday lowest(5778) should also be watched for more down moves confirmations because above mentioned Bullish formation seen yesterday.

Mid-session Outlook-2(19-06-2013)

When Nifty was trading at 5788 at 11:15 AM then we cautioned in previous Outlook and Now trading at 5804. Firstly valid break out of today trading range(5778-5809) should be watched now for next moves confirmations.

Mid-session Outlook(19-06-2013)

Red zone trading since opening today as per expectations but Inverse Head and Shoulder Bullish formation developed in last 1 hour intraday charts therefore valid break out of today trading range(5778-5809) should be firstly watched now for next moves confirmations. 

Technical Analysis and Market Outlook(19-06-2013)

Nifty-Intra Day Chart (18-Jun-2013):-

Technical Patterns and Formations in today intraday charts

1- Good selling Selling between 5827-5862
2- Whole day actual trading between 5807-5862

Conclusions from intra day chart analysis

Technically good selling at higher levels and no supports at lower level as well as closing near the lower levels yesterday. FOMC meet's results will be declared in the mid night today and its reaction will be seen tomorrow therefore volatility may remain high today but until Nifty will not sustain above yesterday highest till then next up move will not be considered. As yesterday good selling after Bearish Rising Channel on 17-06-2013 therefore finally down moves below 5807 are expected tomorrow despite whatsoever declarations from FOMC tonight.

Mid-session Outlook-2(18-06-2013)

Although good selling today but up moves seen because good recovery from lower levels in all Asian and European markets. Finally down moves are expected because today up moves are news based only and expected that Nifty will not sustain above yesterday highest(5854)

Mid-session Outlook(18-06-2013)

Some recovery from lower levels but that may be intraday volatility also because selling patterns formations seen in first hour today. As Bearish Rising Channel formations yesterday therefore until Nifty will not sustain above yesterday highs till then next up move will not be considered and weakness is still expected despite trading near higher levels of today after recovery from lower levels.