Market showing volatility due to RBI meet on friday. Now my sl & long only above 5037 to 5040 and keep long only if closing above these level with SL and sell of 5006.
 Now weekness more presist below 4967 ( FUT ).
4940 to 4959 (spot level) would be suggested as part booking short.

MARKET OUTLOOK 15/09/2011

Res Zone : 5072 to 5090
Sup Zone : 5020 to 4985
Part profit Book in yesterday's long suggested in opening and weekness only below 4985..(My trades only)

MARKET OUTLOOK FOR 13/09/2011

RES ZONE : 5010 TO 5030 ( INITIATE LONG AFTER ORB FOR THIS TARGET)
POSITIONAL LONG ONLY IF CLOSING ABOVE 5054 SPOT
SUP ZONE : 4940 ( YESTERDAY CLOSING), 4910 ( VOL. SELL)

STILL ON UPSIDE 5088 NF VERY STRONG RES ( THESE ARE LEVEL ACCORDING TO THAT I LL ACT TODAY)

BEARISH ENGULPHING: A black body occurred on 9th sep (because prices closed lower than they opened).


During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 23 white candles and 27 black candles for a net of 4 black candles.
An engulfing bearish line occurred (where a black candle's real body completely contains the previous white candle's real body). The engulfing bearish pattern is bearish during an uptrend (which appears to be the case with - NSE50 [NIFTY]). It then signifies that the momentum may be shifting from the bulls to the bears.

NIFTY OUTLOOK FOR 12/09/11 AND CURRENT WEEK

Hi, couldnt updated weekly view due to some workload.

well here is outlook for day and week
SUP FOR DAY: 4940 TO 4913
RES FOR DAY : 5013 TO 5050

SUP FOR WEEK: 4850 TO 4900 (ROCKSOLID)
RES FOR WEEK: 5088 TO 5120

SELLING WAS SUGESTED ON FRIDAY AT 5140, 5125, 5100, 5080,,,NOW PART BOOKING SUGGESTED AT 4950 TO 4960 ZONE TO PROTECT YR CAPITAL.

MARKET OUTLOOK FOR 09/09/2011

SUP. ZONE - 5020 TO 5040
RES. ZONE - 5177 , 5197, 5217
50% retracement of 5702 to 4720 fall comes @ 5211.
For the day & for the week, 5177 to 5230 range becomes huge resistances.
Weakness would be evident at the break of 5140(Day Pivot) & 5125(Volatility Sell) & 5100(Yesterday's low). Developing week Pivot is another point of contention on the lower side.
Closing of Nify SPOT below 5085 ll lead more downside to 5020 to 5040 support zone.
We need to see next week action either breakout of 5230 (and fill gap of 5230 to 5330) or breakdown of 5040 level.

FNO DATA OF SEP SERIES TILL 08/09/11

We are approximately 450 points away from the lows. Can we rally more? Ofcourse we can. But let us look at the rally in a different perspective. Let us assume the institutions are playing this game. To induce a rally or a fall, buying or selling of equities is required. In August 2011, the earlier month, Nifty Futures made a fall of 600 points approximately from 5480 to 4840. For a fall of 600 points, FII have sold equities worth 12600 crore. On a same scale, if you consider this month, they got a rally of 440 points for a buy of 1300 crore.

Let us get a bit more micro. Consider the last 3 trading days. They have net sold 32K contracts worth 800 crore. They could get a rally of 140 points. Well, there are two ways to look at this. The FII are feeling quite left out of this rally or... they are just adding to their shorts at each of the higher levels. In any case it is evident that the rally is not induced by FII. So, now you can take your pick. You can start thinking that  FII will chase this rally and we are going much higher or ... Be careful with your longs.

 The roller coaster is about to resume its.... We are in for a rough ride for the next week or so.

 

Market outlook for 07/07/11
Pivot: 5630.
Nifty Future VWAP: 5640.05
MP Values Futures: VAH - 5650, POC - 5639, VAL - 5628
NF range:5594 - 5639
India VIX : 18.34 up by 0.09 points
Call OI : 29576200
Put OI : 37994400
PCR : 1.28
BANGSAR: 5574

Market outlook for 06/07/11
Pivot: 5635
Nifty Future VWAP: 5645.51
MP Values Futures: VAH - 5661, POC - 5650, VAL - 5639
NF Range:5598 - 5646
India VIX : 18.25 up by 0.08 points
Call OI : 28489200
Put OI : 36582900
PCR : 1.28
SMR : 14.21 (Bullish: Part Booking of Longs recommended)
BANGSAR: 5565

Market outlook for 04/07/11
Pivot: 5648
Nifty Future VWAP: 5648.54
MP Values Futures: VAH - 5672, POC - 5633, VAL - 5617
NF range : 5570 - 5667
India VIX : 18.21 down by 0.20 points
Call OI : 24515950
Put OI : 31878850
PCR : 1.30
SMR : 14.00 (Bullish: Hedge your Longs)
Nifty SPOT BANGSAR: 5526

Market outlook for 01/07/11
Pivot: 5637
Nifty Future VWAP: 5642.45
MP Values Futures: VAH - 5654, POC - 5641, VAL - 5628
NF Range: 5627 - 5679
India VIX : 18.41 down by 1.05 points
Call OI : 22529850
Put OI : 27960550
PCR : 1.24
SMR : 14.83 (Bullish: Part Booking of Longs recommended)
NIFTY SPOT SAR: 5525

Market outlook for 30/06/11
Pivot: 5592
Nifty Future VWAP: 5594.41
MP Values Futures: VAH - 5602, POC - 5592, VAL - 5582
NF RANGE: 5583 - 5626
India VIX : 19.46 down by 0.03 points
Call OI : 40110550
Put OI : 65281700
PCR : 1.63
SMR : 11.96 (Bullish: Hedge your Longs)
NIFTY SPOT SAR: 5475

Market outlook for 29/06/11
Pivot: 5533
Nifty Future VWAP: 5530.32
MP Values Futures: VAH - 5550, POC - 5531, VAL - 5512
NF Range: 5490 - 5552
India VIX : 19.49 down by 0.50 points
Call OI : 41187250
Put OI : 64149850
PCR : 1.56
SMR : 12.51 (Bullish: Part Booking of Longs recommended)
NIFTY SPOT BANGSAR: 5445

Market outlook for 28/06/11
Pivot: 5505
Nifty Future VWAP: 5524.98
MP Values Futures: VAH - 5552, POC - 5529, VAL - 5506
NF range: 5480 - 5599
India VIX : 19.99 up by 0.67 points
Call OI : 42675000
Put OI : 64045150
PCR : 1.50
SMR : 13.32 (Bullish: Part Booking of Longs recommended)
NIFTY SPOT LONG ENTRY : 5374
NIFTY SPOT SAR: 5445
NIFTY WEEK HEMA: 5545
DAILY HEMA: 5449

Market outlook for 27/06/11
Pivot: 5431
Nifty Future VWAP: 5429.56
MP Values Futures: VAH - 5490, POC - 5475, VAL - 5393
NF range: 5407 - 5542

Market outlook for 24/06/11
Pivot: 5301
Nifty Future VWAP: 5306.12
MP Values Futures: VAH - 5330, POC - 5313, VAL - 5296
NF range: 5286 - 5365

Market outlook for 23/06/11
Pivot: 5284
Nifty Future VWAP: 5290.10
MP Values Futures: VAH - 5299, POC - 5288, VAL - 5277
NF range: 5246 - 5294

Market outlook for 22/06/11
Pivot: 5285
Nifty Future VWAP: 5293.12
MP Values Futures: VAH - 5327, POC - 5302, VAL - 5277
NF Range: 5234 - 5299

Market outlook for 21/06/11
Pivot: 5277
NF range: 5136 - 5318
Nifty Future VWAP: 5276.76
MP Values Futures: VAH - 5316, POC - 5267, VAL - 5218

Market outlook for 20/06/11
Nifty Future VWAP: 5383.81
MP Values Futures: VAH - 5409, POC - 5391, VAL - 5373
NF range: 5328 - 5394
Pivot Pt: 5381.

Nifty Future VWAP: 5478.47
MP Values Futures: VAH - 5511, POC - 5493, VAL - 5467
NF Range : 5460 - 5520

Nifty Future VWAP: 5485.32
MP Values Futures: VAH - 5492, POC - 5472, VAL - 5452
NF Range : 5440 - 5504

Nifty Future VWAP: 5518.57
MP Values Futures: VAH - 5530, POC - 5517, VAL - 5504
NF Range :5493 - 5531

IV or implied volatility is forming a right shoulder as shown on the attached chart.
The low point near of both the shoulders left and right are around the same range
so unless IV falls below it this pattern from here should indicate an expansion
in IV around the corner and the expansion should be significant ie doubling the IV
in the coming months ahead.

Nifty Future VWAP: 5534.19
MP Values Futures: VAH - 5543, POC - 5531, VAL - 5519
NF range: 5500 to 5542

Nifty broke below 5348 intraday on 25th may 2011.

Now its impossible to count the rally post the Feb low of 5170 as bullish
as the only count is of an A-B-C corrective that means it was wave X/2
That means that the probability of Nifty falling below 5170 is now 100%
the question is simply by how much?. That such a fall breaks H&S necklines
accross stocks and indices should mean the target should be steep.
So 4600 looks like a minimum target here.