Post-open Outlook(13-09-2013)

Although all the Asian were sufficiently down and SGX Nifty was also trading more than 60 points weak but Indian markets were not prepared for any side decisive moves therefore Nifty recovered strongly after formation of lowest at 5822.90. Following conclusive lines were told yesterday in previous Outlook and should be kept in mind:- 

Expected that Nifty will firstly trade and prepare for next decisive moves near about 5917-5924 and sustaining beyond this range should be firstly watched in the coming sessions for Long Term Trend confirmations.

Let market prepare for next trend within mentioned range then will be updated according to intraday charts formations.

Technical Analysis and Market Outlook(13-09-2013)

Nifty-Intra Day Chart (12-Sep-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Down moves in Falling channel with both minor selling and some supports also.
2- Lower levels supports in last hour between 5917-5935 
3- Whole day actual trading between 5917-5904 

Conclusions from intra day chart analysis 

Following line was told yesterday in Emergence of Correction Possibility:-

1- more possibility of down moves below 5835 in the coming sessions.
2- possibility of firstly trading between today trading range(5835-5924)

As was told yesterday 100% same happened today and almost whole day down moves were seen as well as Nifty slipped below 5935,Nifty traded most time and closed within already mentioned range(5835-5924) also. 

Although more than 5 hours continuous down moves immediately after opening today but without as such selling patterns formations and it was updated also in both previous Outlooks resultant lower levels support in last hour and Nifty recovered more than 45 points.

Intermediate and Short Term Trends are up and Long Term Trend will be up after the confirmation of sustaining above its decider 200-Day EMA(today at 5734). As last 2 sessions trading between 5917-5924 with both selling and buying therefore firstly one sided positions formations are required for next decisive trend. Expected that Nifty will firstly trade and prepare for next decisive moves near about 5917-5924 and sustaining beyond this range should be firstly watched in the coming sessions for Long Term Trend confirmations.

Pre-closing Outlook(12-09-2013)

Although possibility of down moves below 5835 was told yesterday and now Nifty is trading below it also after formation of lowest at 5815.80 but sustaining below 5835 should be firstly watched tomorrow for decisive down moves confirmations because as such selling patterns not seen today.

Mid-session Outlook(12-09-2013)

Although most time negative zone trading today but as such selling not seen and some supports also seen at lower levels therefore mixed patterns formations today and yesterday between 5835-5924,follow up moves in the coming hours and finally valid break out of 5835-5924 will be firstly watched now for next immediate moves confirmations.

Post-open Outlook(12-09-2013)

Nifty started to trade in Red immediately after opening today but we told following lines for down moves yesterday in both previous Outlooks:- 

1- In Pre-closing Report(11-09-2013):-As more selling formations today therefore correction beginning possibilities turned alive today.
2- In Energence of Correction Possibility:- As more selling seen at higher levels today therefore more possibility of down moves below 5835 in the coming sessions.

Although possibility of down moves below 5835 was also told but follow up selling is also must therefore firstly Follow up technical positions formations in the coming hours and finally valid break out of 5835-5924 should be watched in the coming sessions for next immediate moves confirmations because minor support also seen at lower levels today.

Emergence of Correction Possibility

Technical Analysis and Market Outlook(12-09-2013)

Nifty-Intra Day Chart (11-Sep-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5878-5924
2- Support between 5835-5860 
3- Whole day actual trading between 5835-5924

Conclusions from intra day chart analysis 

Range bound trading today between 5835-5924 with higher levels selling and lower levels supports therefore possibility of firstly trading between today trading range(5835-5924) but more selling seen therefore emergence of correction beginning possibilities turned alive today. As selling is not sufficient today therefore more selling is required because complete selling is required for decisive down moves after 805 points strong rally in last 10 sessions. 

Follow up moves near about today trading range and finally sustaining beyond 5835-5924 should be watched in the coming sessions for next immediate moves confirmations. As more selling seen at higher levels today therefore more possibility of down moves below 5835 in the coming sessions.

Pre-closing Report(11-09-2013)

Range bound trading today between 5836-5924 with selling indications but not sufficient and more selling is required because complete selling is required for decisive down moves after 794 points strong rally in 9 sessions. Nifty is trading near the higher levels of today and some supports also seen at higher levels therefore firstly sustaining beyond 5836-5924 should be watched for next immediate moves confirmations. As more selling formations today therefore correction beginning possibilities turned alive today.

Mid-session Outlook(11-09-2013)

Nifty forcefully crossed Long Term Trend decider 200 Day EMA(today at 5731) yesterday and most time negative zone trading today after 594 points rally in 5 sessions therefore today trading will be understood only technical correction. As indicators are overbought therefore 1/2 sessions intraday correction is very much possible and being seen today but It is confirm that complete selling patterns are required for sustaining below 5731.

Nifty traded 3%(5902) above of 200 Day EMA(today at 5731) which is confirmation level of Long Term Trend turning up and firstly sustaining beyond 5902 should be watched in the coming 2/3 sessions for:-

1- 100% Confirmaton of all trends turning up above 5902 or
2- 1st Indication of again decisive down moves below 5902 but confirmation will be after sustaining below 5731.

As busy today therefore only Mid-session Outlooks will be updated today

As busy therefore Outlooks will not be updated today

Technical Analysis and Market Outlook(06-09-2013)

Nifty-Intra Day Chart (05-Sep-2013):-

                                                       Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Bullish Falling Channel formations
2- Whole day actual trading between 5554-5611

Conclusions from intra day chart analysis 

Whole day trading at more than 2% upward levels with Bullish Falling Channel formations therefore technically signal of up moves continuation. As such higher levels trading were on the back of most Bullish and  much awaited Pension Bill passing news therefore next trend confirmations is also required through sustaining beyond 5554-5611 because Nifty traded whole day within this range today amid Bullish sentiments.

Post-open Outlook(05-09-2013)

As much awaited Pension Bill passed in Lok Sabha yesterday therefore huge gap up opening and slipping below next trend decider 5605 after high formation at 5625.75. Most fluctuating news led highly volatile all Global financial markets nowadays and sustaining beyond 5605 should be firstly watched now for Intermediate Term Trend turning up confirmations.

Next Trend decider at 5605 after passing of Pension Bill in Lok Sabha

Nifty-Intra Day Chart (04-Sep-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 5376-5420 
3- Whole day actual trading between 5376-5460

Conclusions from intra day chart analysis 

Good consolidation at lower levels of the day and closing near the highs of the day after strong opening yesterday therefore positive market is expected today. It should be kept in mind that all the financial markets are highly volatile nowadays due to uncertainty on Syria issue. Its few examples are as follows:-


1- Gold increased Rs 1800/- on 2nd and 3rd Sep but down Rs 1803/- yesterday.
2- Gold increased almost Rs 4000/- on 2nd and 3rd Sep but down Rs 4120/- yesterday.
3- Crude increased Rs 490/- on 2nd and 3rd Sep but down Rs 366/- yesterday.
4- Copper increased Rs 25/- on 2nd and 3rd Sep but down Rs25.95/- yesterday.
5- Nickel increased Rs 30/- on 2nd and 3rd Sep but down Rs36.20 yesterday.
6- Aluminium increased Rs 4.95 on 2nd and 3rd Sep but down Rs6.25 yesterday.
7- USDINR increased Rs 2.05 on 2nd and 3rd Sep but down Rs .60 yesterday after slipping Rs 1.50 from intraday higher levels.

As Global and local news led high volatility therefore cautious view is required. 

Most Asian markets are trading with good gains after positive closing in US markets yesterday therefore sentiment boosted today morning and gap up opening will be seen in Indian markets. As Land Acquisition Bill passed in Rajya sabha and Lok Sabha clears pension bill(foreign investors can hold 26% stake) yesterday therefore sentiment is most strong in Indian markets and expected that good gains will be seen in Indian markets. Next Resistances are as follows:-

1- 5490-5528
2- 5530-5605

As most Bullish sentiment because Congress and BJP joined hands to pass much awaited Pension Bill in Lok Sabha therefore now sustaining beyond 5605 should be watched in the coming sessions for next big trend confirmations.

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Live Proofs 100% Accurate predictions of Indian Markets

Although Indian Rupee is more than 1.25% weak but SENSEX is 160 and Nifty is 49 points UP as well as proved 100% Accurate predictions our following prediction which was updated yesterday in Technical Analysis and Market Outlook(04-09-2013):-

intraday bounce from intraday lower levels is possible tomorrow

Not only yesterday but  'Archive' with 'more than 6500 posts' at the bottom of Blog' is live proof of "many hundreds" such accurate and miraculous predictions in last 4 years. Anyone can verify this facts anytime from the Blog 'Archive'.

Live Proofs 100% Accurate predictions of Asian Markets From Intraday Charts

Following lines were told yesterday in Technical Analysis and Market Outlook(04-09-2013):-

1- Asian markets intraday charts are showing selling patterns formations today
2- expected that most Asian markets will be weak tomorrow morning

As was told 100% same happened and all the Asian markets are trading in Red after Gap down opening:- 

1- Japan 225- 104 Points down
2- Hang Sen 40(Hongkong)- 207 Points down 
3- KOSPI(Koria) 5.2 Points down
4- TWII(Taiwan)- 21 Points down 
5- STI(Singapur)- 28 Points down

We guarantee that such exact analysis and accurate predictions of Nifty will not be available in any other  website and Business news channel in whole India

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

Nifty-Intra Day Chart (03-Sep-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 5484-5520 
2- Minor supports between 5398-5410.
3- Last hour fall after the news of US Missile attack on Syria
3- Whole day actual trading between 5323-5560 

Conclusions from intra day chart analysis 

All previous Outlooks are live proofs of this fact that we updated only Bearish views and resultant huge fall seen in Indian markets today despite strong up moves in Asian markets. Continuous higher levels selling and minor support was seen but sharp fall in last hour after the news of US Missile attack on Syria which proved false after market hours.

Although most Asian markets closed in Green and some closed with good gains today but Asian markets intraday charts are showing selling patterns formations today therefore expected that most Asian markets will be weak tomorrow morning and sentiment may be depressed tomorrow morning therefore weak opening can not be ruled out in Indian markets. As hourly indicators are oversold and Missile attack news led weaker hands selling can not be ruled out in last hour therefore intraday bounce from intraday lower levels is possible tomorrow but expected that Nifty will not be able to sustain above next resistance range(5484-5520) 

Mid-session Outlook-2 (03-09-2013)

Whole day down moves but minor supports at lower levels between 5398-5410 therefore some up moves can not be ruled out but expected that will not be able to sustain above next resistance range(5484-5510).

Mid-session Outlook(03-09-2013)

Following conclusive lines were told yesterday in Technical Analysis and Market Outlook(03-09-2013):-

1- expected that fresh down moves will begin after follow up selling in the coming 1/2 sessions.  
2- sustaining below 5490 will mean fresh down moves after completion of ongoing rally 

Fresh down moves seen immediately after opening and Nifty slipped 97 points from higher levels as well as traded more than 1% down within first 50 minutes despite most Asian were in Green and some were more than 1% up. Nifty is trading between 5483-5510 for the last 1 hour and sustaining below 5490 should be firstly watched now because that will be strong indication of Pull Back Rally completion.

Technical Analysis and Market Outlook(03-09-2013)

Nifty-Intra Day Chart (02-Sep-2013):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Support between 5500-5530
2- Mixed patterns between 5527-5564
3- Whole day actual trading between 5490-5564

Conclusions from intra day chart analysis 

Sentiment sparked today morning after delaying of US Attack on Syria news and Dow's Futures trading more than 80 points up therefore most Asian markets traded and closed strong as well as gap up opening in European markets resultant whole day positive zone trading and closing with good gains in Indian markets today.

Firstly lower levels support between 5500-5530 but last 3 hours trading with mixed patterns between 5527-5564 therefore firstly follow up moves and after that valid break out of this range should be watched tomorrow for next immediate moves confirmations. Next resistance range was between 5530-5605 and Nifty traded between this range today but more strong resistances are within this range are between 5580-5605 therefore complete consolidation is required for decisive strong up moves after Intermediate Term Trend turning into up zone above 5605. 

As mixed trading patterns in last 3 hours therefore follow up selling and sustaining below 5490 will mean fresh down moves after completion of ongoing rally and expected that fresh down moves will begin after follow up selling in the coming 1/2 sessions.  

Mid-session Outlook(02-09-2013)

As US Attack on Syria delayed therefore all the Asian markets are trading strong since opening today and Dow's Futures is also more than 80 points up since today morning. Resultant sentiment improved and Indian markets are more than 1.5% up and now trading within resistance range(5530-5605). Short Term Trend is up and Intermediate term will be up after sustaining above 5605.

Good consolidation at lower levels today but any decisive rally will be considered only after sustaining above 5605.