Wednesday, October 22, 2014

MARKET OUTLOOK ( 22 / 10 )

SPOT NIFTY BREACHED AND CLOSED ABOVE THE CRITICAL LEVEL OF 7929 SPOT WHICH WAS THE DECEPTIVE OPENING HIGH OF  14TH OCTOBER. MARKET HAS TURNED BULLISH AND THIS WILL CONTINUE FOR DAYS TO COME AS LONG AS SPOT NIFTY CONTINUES TO SUSTAIN ABOVE THE CRITICAL LEVEL OF  7874 SPOT. JUST CLOSE THE EYES AND GO LONG  AS LEVELS MAY NOT BE IMPORTANT ANY MORE, THAT YOU SHOULD REMAIN LONG IS IMPORTANT. HAVE STOP LOSS BELOW 7870 SPOT & USE THE SLIGHTEST DECLINE TO BOLDLY GO LONG & HOLD THE LONG . IN CASE SPOT NIFTY FALLS AND STAYS BELOW 7870  OR TO BE MORE SAFE BELOW 7857 SPOT, THEN ONLY REVERSE FOR GOING SHORT AGAIN.

NIFTY INTRADAY VIEW ( 22 / 10 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R47998BULL79957730
R37970UP BREAKOUT79287796
R27960UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R17953SELL78877818
PIVOT7913 LAST DAYSTRONG BULL LOW VOLATALITY
S17903BUYOPEN7906
S27896DOWN CAUTIONHIGH7937.0
S37886DOWN BREAK OUTLOW7874.0
S47857BEARCLOSE7927.75
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY0.8%
R26082LONGNIFTY WEEKLY VOLATALITY2.76%
R15976SHORT EXITNIFTY WEEKLY HIGH7937.0
S15765LONG EXITNIFTY WEEKLY LOW7724.0
S25659SHORTNIFTY DAY MEAN7830.5


Open Price7906.15
High Price7936.6
Low Price7874.35
Close Price7927.75
Absolute Change48.35
Percentage Change0.614%
Weekly Change0.552%
Monthly Change-0.599%
Yearly Change31.7%
52-week high8180.2
52-week low5933.3


Futures - NSE

Expiry DateClose PriceOpen InterestNumber of TradesNo of ContractsUnderlying Closing Price
October 30, 20147946.416790900.0108511.0266648.07927.75
November 27, 20147989.351784450.013607.022000.07927.75
December 24, 20148038.75407650.02457.04127.07927.75

BANK NIFTY INTRADAY VIEW ( 22 / 10 )

BANKNIFTY INTRADAY LEVEL BANKNIFTY PROBABLE HIGHBANKNIFTY PROBABLE LOW
R416683BULL 1682515557
R316575UP BREAKOUT 1650815874
R216535UP CAUTION LEVEL FOR LONGLEVEL FOR SHORT
R116509SELL 1624116010
PIVOT16366  LAST DAYSTRONG BULL LOW VOLATALITY
S116345BUY OPEN16282
S216320DOWN CAUTION HIGH16453.0
S316280DOWN BREAK OUT LOW16269.0
S416172BEAR CLOSE16427.25

BANKNIFTY


The Banking Sector Index

 BANKNIFTY DAILY VOLATALITY1.13%
 BANKNIFTY WEEKLY VOLATALITY6.31%
 BANKNIFTY WEEKLY HIGH16453.0
 BANKNIFTY WEEKLY LOW15477.0
 BANKNIFTY DAY MEAN15965



Open Price16281.95
High Price16452.85
Low Price16269.0
Close Price16427.25
Absolute Change210.65
Percentage Change1.3%
Weekly Change4.78%
Monthly Change3.72%
Yearly Change59.7%
52-week high16452.85
52-week low9944.0

Futures - NSE


Expiry DateClose PriceOpen InterestNumber of TradesNo of ContractsUnderlying Closing Price
October 30, 201416463.11959050.074775.0151881.016427.25
November 27, 201416556.95200225.05291.08739.016427.25
December 24, 201416635.433650.0280.0386.016427.25

IndicatorAnalysisSignal (0 - 10)
RSIRSI is 62.9. According to RSI analysis, banknifty is strong.7.0
MACDMACD: 73.7 and Signal Line: -12.1. According to MACD analysis, banknifty is technically strong.8.0
Simple Moving AverageAccording to simple moving average analysis, banknifty is in a strong uptrend. Major support levels are 15724.93, 15684.58, 13680.71.10.0
Exponential Moving AverageAccording to exponential moving average analysis, banknifty is in a strong uptrend. Major support levels are 15788.08, 15644.16, 14157.41.10.0
Bollinger Bands%b is 1.02. According to bollinger bands, banknifty has hit the upper band which is a positive signal.9.0
Fibonacci RetracementAccording to fibonacci retracement, price is above all levels. Major support is at 15947.655 and 15791.6. Resistance level is 16452.85.6.5
Average True RangeATR: 295NA
Average Directional IndexADX is 20.8 which means BANKNIFTY is in a trading range and there is no trend.NA

SBIN INTRADAY VIEW ( 22 ? 10 )

INTRADAYPROBABLE HIGHPROBABLE LOW
R42627.2BULL26412476
R32610UP BREAKOUT26002517
R22603.8UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R12599.7SELL25792532
PIVOT2586.9 5 DAY HIGH2607
S12568.7BUY5 DAY LOW2452.4
S22564.6DOWN CAUTIONAVG VOLUME1697389
S32558.4DOWN BREAK OUTLAST DAYBull
S42541.3BEARHIGH2607
TRADING POSTIONSLIGHT BULLLOW2569.6

ICICI BANK INTRADAY VIEW ( 22 / 10 )

INTRADAYPROBABLE HIGHPROBABLE LOW
R41636.3BULL16281455
R31613.2UP BREAKOUT15851498
R21604.8UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R11599.2SELL15491512
PIVOT1568.55 DAY HIGH1586.4
S11565BUY5 DAY LOW1451.3
S21559.5DOWN CAUTIONAVG VOLUME2591409
S31551.2DOWN BREAK OUTLAST DAYStrong Bull
S41528.1BEARHIGH1586.4
TRADING POSTIONBULLLOW1540

Monday, October 20, 2014

NIFTY INTRADAY VIEW ( 21 / 10 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48015BULL79717690
R37957UP BREAKOUT79157746
R27936UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R17922SELL78737770
PIVOT7855 LAST DAYBEAR WITH LV
S17837BUYOPEN7897
S27823DOWN CAUTIONHIGH7906.0
S37802DOWN BREAK OUTLOW7857.0
S47744BEARCLOSE7879.4
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY0.62%
R26082LONGNIFTY WEEKLY VOLATALITY2.64%
R15976SHORT EXITNIFTY WEEKLY HIGH7928.0
S15765LONG EXITNIFTY WEEKLY LOW7724.0
S25659SHORTNIFTY DAY MEAN7826




Open Price7896.95
High Price7905.95
Low Price7856.95
Close Price7879.4
Absolute Change99.7
Percentage Change1.28%
Weekly Change0.247%
Monthly Change-0.674%
Yearly Change31.2%
52-week high8180.2
52-week low5933.3

Futures - NSE


Expiry DateClose PriceOpen InterestNumber of TradesNo of ContractsUnderlying Closing Price
October 30, 20147897.2516233200.0106080.0248548.07879.4
November 27, 20147944.01448550.011666.018494.07879.4
December 24, 20147988.4378400.01598.03825.07879.4

BANK NIFTY INTRADAY VIEW ( 21 / 10 )

BANKNIFTY INTRADAY LEVEL BANKNIFTY PROBABLE HIGHBANKNIFTY PROBABLE LOW
R416607BULL 1659515430
R316437UP BREAKOUT 1636215663
R216376UP CAUTION LEVEL FOR LONGLEVEL FOR SHORT
R116335SELL 1603615746
PIVOT16148  LAST DAYBEAR WITH LV
S116098BUY OPEN16260
S216058DOWN CAUTION HIGH16297.0
S315996DOWN BREAK OUT LOW16157.0
S415827BEAR CLOSE16216.6

BANKNIFTY


The Banking Sector Index

 BANKNIFTY DAILY VOLATALITY0.87%
 BANKNIFTY WEEKLY VOLATALITY6.5%
 BANKNIFTY WEEKLY HIGH16297.0
 BANKNIFTY WEEKLY LOW15302.0
 BANKNIFTY DAY MEAN15799.5



Open Price16259.7
High Price16297.25
Low Price16157.05
Close Price16216.6
Absolute Change286.8
Percentage Change1.8%
Weekly Change4.94%
Monthly Change2.35%
Yearly Change56.9%
52-week high16309.7
52-week low9944.0

Futures - NSE


Expiry DateClose PriceOpen InterestNumber of TradesNo of ContractsUnderlying Closing Price
October 30, 201416247.81828700.066139.0126379.016216.6
November 27, 201416342.1162675.03971.06799.016216.6
December 24, 201416414.329150.0262.0419.016216.6

IndicatorAnalysisSignal (0 - 10)
RSIRSI is 59.9. According to RSI analysis, banknifty is strong.7.0
MACDMACD: 19.9 and Signal Line: -33.5. According to MACD analysis, banknifty is technically strong.8.0
Simple Moving AverageAccording to simple moving average analysis, banknifty is in a strong uptrend. Major support levels are 15695.5, 15660.88, 13655.5.10.0
Exponential Moving AverageAccording to exponential moving average analysis, banknifty is in a strong uptrend. Major support levels are 15720.8, 15612.2, 14134.6.10.0
Bollinger Bands%b is 0.931. According to bollinger bands, banknifty is technically strong.7.0
Fibonacci RetracementAccording to fibonacci retracement, price is above all levels. Major support is at 15698.2708 and 15509.4. Resistance level is 16309.7.6.5
Average True RangeATR: 299NA
Average Directional IndexADX is 20.6 which means BANKNIFTY is in a trading range and there is no trend.NA