Friday, November 21, 2014

NIFTY INTRADAY VIEW ( 21 / 11 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48468BULL84428365
R38442UP BREAKOUT84238384
R28432UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R18426SELL84408374
PIVOT8389 LAST DAYCONFUSION TREND
S18378BUYOPEN8406
S28371DOWN CAUTIONHIGH8411.0
S38362DOWN BREAK OUTLOW8353.0
S48336BEARCLOSE8401.9
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY0.69%
R26082LONGNIFTY WEEKLY VOLATALITY1.31%
R15976SHORT EXITNIFTY WEEKLY HIGH8456.0
S15765LONG EXITNIFTY WEEKLY LOW8347.0
S25659SHORTNIFTY DAY MEAN8401.5



Open Price8406.5
High Price8410.85
Low Price8353.15
Close Price8401.9
Absolute Change19.6
Percentage Change0.234%
Weekly Change0.527%
Monthly Change6.63%
Yearly Change35.8%
52-week high8455.65
52-week low5933.3

Futures - NSE

Expiry DateClose PriceOpen InterestNumber of TradesNo of ContractsUnderlying Closing Price
November 27, 20148420.3521418775.091812.0317363.08401.9
December 24, 20148467.652866875.016537.040273.08401.9
January 29, 20158520.95329875.01475.03379.08401.9

IndicatorAnalysisSignal (0 - 10)
RSIRSI is 68.7. According to RSI analysis, nifty is technically strong.9.0
MACDMACD: 115.0 and Signal Line: 108.0. According to MACD analysis, nifty is technically strong.8.0
Simple Moving AverageAccording to simple moving average analysis, nifty is in a strong uptrend. Major support levels are 8250.88, 8094.022, 7310.466.10.0
Exponential Moving AverageAccording to exponential moving average analysis, nifty is in a strong uptrend. Major support levels are 8270.25, 8102.208, 7440.458.10.0
Bollinger Bands%b is 0.723.5.0
Fibonacci RetracementAccording to fibonacci retracement, price is above all levels. Major support is at 8176.1024 and 8089.75. Resistance level is 8455.65.6.5
Average True RangeATR: 77.1NA
Average Directional IndexADX is 30.1 which means NIFTY is in a trend.NA



BANK NIFTY INTRADAY VIEW ( 21 / 11 )

BANKNIFTY INTRADAY LEVEL BANKNIFTY PROBABLE HIGHBANKNIFTY PROBABLE LOW
R417799BULL 1773617553
R317737UP BREAKOUT 1769017599
R217715UP CAUTION LEVEL FOR LONGLEVEL FOR SHORT
R117700SELL 1772617568
PIVOT17625  LAST DAYCONFUSION TREND
S117590BUY OPEN17649
S217576DOWN CAUTION HIGH17682.0
S317553DOWN BREAK OUT LOW17547.0
S417492BEAR CLOSE17645.05

BANKNIFTY


The Banking Sector Index

 BANKNIFTY DAILY VOLATALITY0.77%
 BANKNIFTY WEEKLY VOLATALITY1.95%
 BANKNIFTY WEEKLY HIGH17750.0
 BANKNIFTY WEEKLY LOW17410.0
 BANKNIFTY DAY MEAN17580



Open Price17649.35
High Price17681.8
Low Price17546.7
Close Price17645.05
Absolute Change59.4
Percentage Change0.338%
Weekly Change1.1%
Monthly Change8.81%
Yearly Change59.6%
52-week high17750.25
52-week low9944.0


Futures - NSE


Expiry DateClose PriceOpen InterestNumber of TradesNo of ContractsUnderlying Closing Price
November 27, 201417679.152036100.045775.081009.017645.05
December 24, 201417796.95276950.03573.08947.017645.05
January 29, 201517888.212050.0148.0172.017645.05

RELIANCE IND INTRADAY VIEW ( 21 / 11 )

INTRADAYPROBABLE HIGHPROBABLE LOW
R4996.3BULL996969
R3990.1UP BREAKOUT989976
R2987.9UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R1986.4SELL991977
PIVOT978.3 5 DAY HIGH997.7
S1975.1BUY5 DAY LOW965.05
S2973.6DOWN CAUTIONAVG VOLUME2354420
S3971.4DOWN BREAK OUTLAST DAYStrong Bull
S4965.3BEARHIGH983.7
TRADING POSTIONSLIGHT BEARLOW970.3

ICICI BANK INTRADAY VIEW ( 21 / 11 )

INTRADAYPROBABLE HIGHPROBABLE LOW
R41723.7BULL16971672
R31709UP BREAKOUT16901678
R21703.7UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R11700.2SELL16951673
PIVOT1688 5 DAY HIGH1704
S11675.8BUY5 DAY LOW1662
S21672.3DOWN CAUTIONAVG VOLUME2134154
S31667DOWN BREAK OUTLAST DAYBull
S41652.3BEARHIGH1693.85
TRADING POSTIONSLIGHT BEARLOW1674.5

SBIN INTRADAY VIEW ( 21 / 11 )

INTRADAYPROBABLE HIGHPROBABLE LOW
R4305.6BULL307281
R3302UP BREAKOUT301288
R2300.7UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R1299.8SELL298291
PIVOT295.6 5 DAY HIGH298.75
S1294.4BUY5 DAY LOW272
S2293.5DOWN CAUTIONAVG VOLUME34348928
S3292.2DOWN BREAK OUTLAST DAYStrong Bull
S4288.7BEARHIGH298.75
TRADING POSTIONSLIGHT BULLLOW291.25

Thursday, November 20, 2014

MARKET OUTLOOK ( 20 / 11 )

THE CLOSING OF NIFTY AROUND 8385 BELOW WEDNESDAY’S LOW OF  8407 IS NOT A HEALTHY SIGN IF ONE GOES ABSOLUTELY AS PER TECHNICALS. IN FUTURES ALSO WEDNESDAY’S CANDLE WAS A 7TH NRB DOJI WITH LOWS AROUND 8432 & THURSDAY’S FUTURE CLOSING AT 8412 MUCH BELOW THE WEDNESDAY’S DOJI LOW IS A SIGN OF CORRECTION. HOWEVER A SIMILAR SETUP WAS FORMED BETWEEN CANDLES OF 12TH & 13TH NOVEMBER AND INSTEAD OF FALLING ON 14TH NOVEMBER, NIFTY SHOT UP FOR NEXT TWO DAYS  TO SURPRISE EVERYONE.


FOR THURSDAY’S INTRADAY TRADING, TILL SUCH TIME SPOT NIFTY WHICH HAS CLOSED AT 8385 CONTINUES TO STAY BELOW 8400 OR NIFTY  FUTURE STAYS BELOW 8420 LEVELS IT WILL REMAIN WEAK FOR MORE DOWN SIDE SPOT LEVELS OF 8360, 8350 FOLLOWED BY 8325 SPOT LEVELS. HOWEVER IN CASE IT MOVES UP AND BREACHES 8400 SPOT AND MORE IMPORTANTLY SUSTAINS ABOVE 8404 TO 8414 SPOT NIFTY LEVELS THEN ONE MAY EXPECT MASSIVE SHORT COVERING TO PROPEL NIFTY AGAIN TOWARDS 8430 FOLLOWED BY 8445 SPOT LEVELS. USE DECLINES  IF AT ALL COMES DURING NEXT FEW DAYS TO BOLDLY  BUY YOUR FAVORITE STOCKS AND RIDE THE MEGA BULL RUN IF ONE HAS MISSED IT SO FAR.

NIFTY INTRADAY VIEW ( 20 / 11 )

NIFTY INTRADAY LEVELNIFTY PROBABLE HIGHNIFTY PROBABLE LOW
R48486BULL84688331
R38443UP BREAKOUT84408358
R28427UP CAUTIONLEVEL FOR LONGLEVEL FOR SHORT
R18417SELL84498372
PIVOT8399 LAST DAYSTRONG BEAR LOW VOLATALITY
S18348BUYOPEN8441
S28338DOWN CAUTIONHIGH8456.0
S38322DOWN BREAK OUTLOW8360.0
S48279BEARCLOSE8382.3
NIFTY MONTHLY LEVELNIFTY DAILY VOLATALITY1.15%
R26082LONGNIFTY WEEKLY VOLATALITY1.63%
R15976SHORT EXITNIFTY WEEKLY HIGH8456.0
S15765LONG EXITNIFTY WEEKLY LOW8320.0
S25659SHORTNIFTY DAY MEAN8388



Open Price8440.65
High Price8455.65
Low Price8360.5
Close Price8382.3
Absolute Change-43.6
Percentage Change-0.517%
Weekly Change-0.0119%
Monthly Change7.75%
Yearly Change34.9%
52-week high8455.65
52-week low5933.3

Futures - NSE


Expiry DateClose PriceOpen InterestNumber of TradesNo of ContractsUnderlying Closing Price
November 27, 20148409.5521991875.096787.0336894.08382.3
December 24, 20148456.552443150.013835.029832.08382.3
January 29, 20158508.4303200.01644.03760.08382.3