Nifty-Micro Analysis of Intra Day Chart For 19-09-2011

Nifty-Intra Day Chart(16-Sep-2011):-

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Technical Patterns and Formations in today intraday charts

1- Selling between 5100-5130
2- Whole day trading between 5070-5139

Conclusions

Good selling at higher levels between 5100-5130 and today selling is at lower levels of previous resistance range of 5120-5169 and 5120-5220. Today selling has strengthened previous resistance ranges and confirmed further down moves.

More down moves will be seen in the coming sessions and next support range(4969-5000) testing is possible.

FII Trading Data in Derivatives Segment on 16-Sep-2011

Indian Stock Markets Closing Reports(16-Sep-2011)

Main features of today trading are as follows

1- Green closing.
2- Red Candle.
3- Higher levels selling patterns in most Indices.

Ratios

Nifty Put Call Ratio: 1.09
Nifty P/E Ratio(16-Sep-2011): 18.36

Advances & Declines

BSE ADVANCES : 1287
BSE DECLINES : 1531
NSE ADVANCES : 627
NSE DECLINES : 797

Nifty Open Interest Changed Today

Nifty- 5000 CE(Sep)- +68850(+1.24%)
Nifty- 5000 PE(Sep)- +1464300(+21.46%)

Nifty- 5100 CE(Sep)- +561250(+10.38%)
Nifty- 5100 PE(Sep)- +571900(+15.76%)

Nifty- 5200 CE(Sep)- +839900(+14.49%)
Nifty- 5200 PE(Sep)- +608700(+35.08%)

Closing

Nifty- closed at 5,084.25(+8.55 Points & +0.17%)
Sensex- closed at 16,933.83(+57.29 Points & +0.34% )
CNX MIDCAP - closed at 7,346.45(+6.05 Points & +0.08%)
BSE SMALL CAP- closed at 7,213.02(-0.74 Points & -0.01%)

FII & DII trading activity in Capital Market Segment on 16-Sep-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 16-Sep-2011 3675.29 3280.13 395.16

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 16-Sep-2011 1165.58 1126.25 39.33

NIFTY-Sep F&O-1st Selling of 16-09-2011-Trade

NIFTY(Sep Fut-Sell-Positional)SL-5126-TGT-5036-CMP-5088

NIFTY(Sep Put Option-Buy-Positional)SL-5126-TGT-5036-S.P.FOR Put-5000,5100(Sep Fut-Rates
for all Options)-CMP-5088

Pre-Closing Outlook(16-09-2011)

Nifty is trading within mentioned range( 5095-5130) after credit policy and today intraday patterns are showing selling therefore weakness expected in the coming session.

Volatile Market after RBI Credit Policy

Volatile Market was told in following lines in Mid-session Outlook  today before RBI Credit Policy today and voltality is clear in following today intraday chart of after credit policy:-

Volatile moves may be seen after credit policy announcement therefore cautious approach is required and sustaing beyond 5095-5130 will be next moves confirmation after credit policy announcement at 12:00 noon today.

(Just click on chart for its enlarged view)

Nifty could not sustained above 5120 and also moved below 5095 also. 25 Basis points rates increase and it is on expected lines also therefore if Nifty sustains below 5095 today then it will be negative reaction confirmation.

Sustaing beyond 5095 will be market reaction confirmation on credit policy and should be watched first today for next trend confirmations.

Mid-session Outlook(16-09-2011)

Only next resistance range(5120-5220) testing possibility was told in all the outlooks which were updated for today market and Nifty hovered around 5120 in first two hours today. It was also told again and again that 5120-5169 is next resistance and Nifty slipped below 5120 sharply after first 2 hours trading above it.

Completely news(strong global markets,petroleum rates hike and RBI Credit policy) based market today and technical positions reverses sharply in such markets also. Finally sustaining beyond 5120 will be next moves strong indication and will decide next trend also therefore this level should be watched first for next moves confirmation.

Volatile moves may be seen after credit policy announcement therefore cautious approach is required and sustaing beyond 5095-5130 will be next moves confirmation after credit policy announcement at 12:00 noon today..

Long Term Trend Deciding 27 Sessions Range(4720-5229)

Technical Analysis and Research

Nifty-EOD Chart(15-Sep-2011):-

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Technical Patterns and Formations in EOD charts

1- Falling trendline resistance at the top of 27 sesions range.
2- 10 Months Bearish market
3- 94 Points Gap  on 05-08-2011
4- 27 sessions range bound markets between 4720-5229
5- Strong resistance range is 5120-5220 within 27 days range

Conclusions

All trends are down and Indian markets are slipping for the last 10 months. Nifty opened 94 points gap down on 05-08-2011 and since then 27 sessions range bound markets between 4720-5229.

Markets always require completion consolidation for any rally after such big fall. Big rally started in March 2009 after lower level 5 monthe range bound consolidations. As range bound markets signals are emerging between 4720-5229 therefore this range break out will decide that 10 months long long term correction is over or not.Investment decisions,long term positions and Portfolio management should be done according to break out of mentioned range.


Nifty will first trade between strong resistance range is 5120-5220 after positive opening today. Nifty failed to cross this range in previous after selling between 5120-5169 therefore it will be next resistance range.

Sustaining beyond 5120-5169 will be next moves strong indication therefore should be watched first  after gap up opening today.

Nifty-Micro Analysis of Intra Day Chart For 16-09-2011

Nifty-Intra Day Chart(15-Sep-2011):-

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Technical Patterns and Formations in today intraday charts

1- Consolidation between 4969-5000
2- Whole day trading between 4969-5089.
3- Up moves between 5000-5055 without force.
4- Last half hour sharp forceful break out above 5055.

Conclusions

Long term and Intermediate term trends are down and short term trend is up. Highly volatile markets in first sessions and Nifty got support between 4969-5000. As without force up moves started after opening of European markets between 5000-5055 therefore down moves was also a possibility but on the contrary last half hour sharp forceful break out seen above 5055.

Nifty closed at the top of the day and sentiment turned strong also therefore next resistance range(5120-5169) testing may be seen if Asian markets remains completely strong tomorrow morning because Petrol Price hike news after today market and Indian markets will firstly react on that tomorrow.

Technically on going up moves continuation possibility is alive but Indian markets will react on Petrol Price hike and Credit policy tomorrow as well as without force upmoves between 5000-5055 also.

Sustaining above 5055 will be ongoing upmoves confirmation and should be watched first.

FII Trading Data in Derivatives Segment on 15-Sep-2011

FII & DII trading activity in Capital Market Segment on 15-Sep-2011

FII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 15-Sep-2011 1978.63 1842.08 136.55

DII trading activity on NSE and BSE in Capital Julket Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 15-Sep-2011 795.5 791.1 4.4

Indian Stock Markets Closing Reports(15-Sep-2011)

Main features of today trading are as follows

1- All the sectors closed in Green except CG.
2- Bullish Hammer Candle.
3- Strong recovery from Intraday lower levels.

Ratios

Nifty Put Call Ratio: 1.13
Nifty P/E Ratio(15-Sep-2011): 18.33

Advances & Declines

BSE ADVANCES : 1514
BSE DECLINES : 1281
NSE ADVANCES : 818
NSE DECLINES : 604

Nifty Open Interest Changed Today

Nifty- 4900 CE(Sep)- -83900(-2.20%)
Nifty- 4900 PE(Sep)- +307650(+4.40%)

Nifty- 5000 CE(Sep)- +180050(+3.30%)
Nifty- 5000 PE(Sep)- +1046350(+16.93%)

Nifty- 5100 CE(Sep)- +334700(+6.09%)
Nifty- 5100 PE(Sep)- +644850(+21.64%)

Closing 

Nifty- closed at 5,075.70(+63.15 Points & +1.26%)
Sensex- closed at 16,876.54(+166.94 Points & +1.000% )
CNX MIDCAP - closed at 7,340.40(+77.65 Points & +1.07%)
BSE SMALL CAP- closed at 7,213.76(+18.36 Points & +0.26%)

Nifty Spot-Levels & Trading Strategy for 16-09-2011

Nifty Spot-Levels

R3 5245
R2 5168
R1 5121
Avg 5044
S1 4997
S2 4920
S3 4873

Nifty Spot-Trading Strategy

H6 5201     Trgt 2
H5 5172     Trgt 1
H4 5143     Long breakout
H3 5109     Go Short
H2 5097
H1 5086
L1 5063
L2 5052
L3 5040     Long
L4 5006     Short Breakout
L5 4977     Trgt 1
L6 4948     Trgt 2

Nifty(Sep Fut)-Levels & Trading Strategy for 16-09-2011

Nifty(Sep Fut)-Levels

R3 5278
R2 5189
R1 5135
Avg 5046
S1 4992
S2 4903
S3 4849

Nifty(Sep Fut)-Trading Strategy

H6 5227     Trgt 2
H5 5193     Trgt 1
H4 5159     Long breakout
H3 5120     Go Short
H2 5107
H1 5094
L1 5067
L2 5054
L3 5041     Long
L4 5002     Short Breakout
L5 4968     Trgt 1
L6 4934     Trgt 2

Bank Nifty(Sep Fut)-Levels & Trading Strategy for 16-09-2011

Bank Nifty(Sep Fut)-Levels

R3 10182
R2 9961
R1 9817
Avg 9596
S1 9452
S2 9231
S3 9087

Bank Nifty(Sep Fut)-Trading Strategy

H6 10049    Trgt 2
H5 9961     Trgt 1
H4 9873     Long breakout
H3 9773     Go Short
H2 9739
H1 9706
L1 9639
L2 9606
L3 9572     Long
L4 9472     Short Breakout
L5 9384     Trgt 1
L6 9296     Trgt 2

Pre-Closing Outlook(1509-2011)

Following conclusive line was told before the beginning of today market in Technical Analysis,Researches & Market Outlook:-

Expected that Nifty will sustain above 5055 after fresh intraday consolidations and yesterday begun rally will remain continued.


Good supprt and consolidation at lower level. Nifty crossed and sustained above 5028(Resistance) also therefore more up moves are expected in the coming sessions and Nifty will test next resistance range 5120-5169..

Mid-session Outlook(1509-2011)

Voltale market and lower level good support also today. Nifty is hovering around mentioned resistance (5020-5028) for the last 45 minutes.

Just watch sustaining around or forceful break out of 5020-5028 for next moves confirmations.

Post-open Outlook(15--09-2011)

Following possibilities were clearly told and next up moves confirmation levels were also updated before the beginning of today in Technical Analysis,Researches & Market Outlook.

1- Sentiment heated today morning therefore profit booking and intraday voltale market possibility will be kept in mind. 
2- Next up moves confirmation will be firstly crossing 5028 and then sustaining above 5055.

Profit booking seen immediately after opening and Nifty could not trade above 5055 as well as slipped below 5028 also. Nifty is trading in Red and below mentioned 1st resistance range(5020-5028).

Weakness seen immediately after opening today and sustaining beyond mentioned 1st mentioned resistance range(5020-5028) will be next moves confirmations.

Technical Analysis,Researches & Market Outlook(15-09-2011)

Nifty-Micro Analysis of 10 days Intra Day Charts(Aug 30 to Sep 14,2011)

Nifty-Intra Day Chartt(Aug 30 to Sep 14,2011):-

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Technical Patterns and Formations in last 10 sessions intraday charts

1- 3 Sessions buying between 4912-4936
2- 3 Sessions buying between 4922-4960
3- 3 Sessions selling between 5120-5169

Nifty-Micro Analysis of 2 days Intra Day Charts(Sep 13 and Sep 14,2011)

Nifty-Intra Day Chartt(Sep 13 and Sep 14,2011):-

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Technical Patterns and Formations in last 2 sessions intraday charts

1- Buying between 4912-4936
2- Selling between 5020-5028

Conclusions

Strong support and base formation at lower levels in last 10 days and strong Global cues also today after yesterday sharp recovery from lower levels. Sentiment heated today morning therefore profit booking and intraday voltale market possibility will be kept in mind.

Next up moves confirmation will be firstly crossing 5028 and then sustaining above 5055. It is clear from 10 days intraday chart that no resistance between 5028-5120 therefore Sharp surge is very much possible after sustaining above 5055.

Expected that Nifty will sustain above 5055 after fresh intraday consolidations and yesterday begun rally will remain continued.

Pre-Closing Outlook(14-09-2011)

Nifty moved up sharply but could not test last 2 sessions resistance range of 5020-5028 and today high at this moment is 5017.90.

Strong up move today after lower level good consolidation as well as intraday charts of last 2 hours are also showing consolidation patterns. Fresh up moves are expected in the coming sessions if no big blow from Global markets.