NIFTY X-RAY REPORT FOR 11 MARCH

NIFTY X-RAY REPORT FOR 11 MARCH
NIFTY closed at 5333.55+2.17%
5200PE OI  ADDED 650750 CONTRACTS TOTAL 7474700
5300 PE OI ADDED 1290350 CONTRACTS TOTAL 6164250
5400 PE OI ADDED 206150 CONTRACTS TOTAL 3482150
5300CE OI DECREASED -331650 CONTRACTS TOTAL 3519450
5400CE OI DECREASED -6200 CONTRACTS TOTAL 4326000
5500CE OI DECREASED -137100 CONTRACTS TOTAL 4974700
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As per option OI data huge open interest addition seen in 5300 PE. and we have seen in deduction in 5200,5300, 5400 and 5500 CE, indicating clearly that PUTS have been written today. As I have all ready given indication on wednessday that market may reverse. Idont know howmany of you believed or not. It has given smart recovery from 5200DMA. Rate cuts by 75BPS to 4.75% from 5.5% by RBI can boost up this rally on monday, and any closing above 5440 we may kiss once again 5600 level very soon. A smell of cooking by RBI from special source had come during trading our today. I have all ready given recomendation today to my all paid subscribers to buy nifty as much as you can . outside bar bullish candal has perform on daily charts. As I told you yesterday as per fast and slow stochastic nifty was in oversold zone.Today RSI and STOCHASTIC has turned up, indicating a strong upmove. nifty has given closing at just above 13EMA. Watch the sustaining move above 5400 on monday. if sustain we may see a smart rally. Banking, finance, reallty, auto will boost niftyup.
FII has bought 1284.65cr today in cash market.
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                                    HIGH                  LOW              CLOSE
LAST                          5342                     5291                5333.55
PREV                         5243.85                5171.45           5220.45
LWEEK                     5458.80                5268.15           5359.35
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SWING INDICATOR
   5D  SELL @ 5429 REVERSAL 5393
10D SELL @ 5281 REVERSAL 5521
20D SELL @ 5222 REVERSAL 5630
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INTRADAY SUPPORT AND RESISTANCE
S2-5271/S1-5302/PIVOT-5322.45/R1-5353/R2-5373
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MOVING AVRAGES
5D-5359/10D-5429/20D-5607
HIGEST CLOSE
5D-5359/10D-5429/20D-5607
LOWEST CLOSE
5D-5220/10D-5220/20D-5220

NIFTY X- RAY REPORT FOR 09 MARCH

NIFTY X-RAY REPORT FOR 09 MARCH
Nifty closed at 5220.45(-0.04%)
Advance/Decline==378/728
5200 CE OI ADDED 526150 CONTRACTS TOTAL 3316350
5300 CE OI ADDED 890600 CONTRACTS TOTAL 4032350
5200 PE OI ADDED 45600 CONTRACTS   TOTAL 7584850
5300 PE OI SHADED -211350 CONTRACTS TOTAL 5414400
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Nifty has given lowest close after 12 trading session.5169 which is 200 DMA acted as a strong support zone, and we saw  strong recovery from that level. As per fast and slow stochastic nifty was in oversold zone. 5300CE added higest open interest on call side, even 5200CE seen writting yesterday. but higest open interest in 5200 pe not let the nifty fall too much. It took support at 200 DMA and recovered almost 55 points from that level. FII sold 28305 contract in nifty future  worth 742 crores and open interest decreasingby 18059 contracts indicating profit booking on short side on wednesday. I have alerted you on wednesday during trading hour that nifty may take reverse from 5150 level. Nifty is tecnically sell mode. All world indices supporting nifty to recover from 200 DMA. Untill unless nifty given close above 5420 it will not come in strong buy mode. any close above 5420 this time nifty may touch its previous high.
                            HIGH        LOW          CLOSE
LAST                  5243.85      5171.45       5220.45
PREV                 5382.05      5206.40        5222.40
L.WEEK            5458.80      5265.15        5359.35
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SWING INDICATORES
5D-  SELL @ 5429 REVERSAL 5393
10D-SELL @5281 REVERSAL 5537
20D-SELL @ 5222 REVERSAL 5630
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As per Relative Strength Indicator (RSI), Cipla Ltd. is in over sold level. However, recent price moves on 07/03/2012 indicates trend reversal and stock may rise in near future.This was done with jump in volume. Which is another indicator supporting the counter trend. This stock is in short term down trend. A Bullish harami Candlestick pattern was formed by Cipla Ltd. on 07/03/2012 with rise in volume. Prior to pattern formation this share was in downtrend. Share has hit three months low on 07/03/2012
As per slow stochastic  and rsi stock is in over sold range. traders may book frofit from long side and reverse trade.Buy this stock for the target of 325 and keep stoploss at 302.

HCL TECHNOLOGIES.LTD.

A Bullish engulfing Candlestick pattern has formed by HCL Technologies Ltd. on 07/03/2012 with rise in volume. Stock has jumped by more than 25% in last three Month.. Share has hit two week high on 07/03/2012

As per RSI , HCL Technologies Ltd. is in STRONG BUY ZONE territory with a value of 70.0318. buy this stock at current price level for the target of 520-525. keep a stoploss at 482.

ITC

Doji Candlestick pattern has formed by I T C Ltd. on 07/03/2012 and Bearish harami Candlestick pattern has formed by I T C Ltd. on 07/03/2012. I T C Ltd. has moved below 15 days Simple Moving Average after 11 days on 02/03/2012
Stock - I T C Ltd. has moved below 20 days Exponential Moving Average after 10 days on 02/03/2012
As per Rsi Indicator , I T C Ltd. has given negetive divergence on eod charts. However, recent price moves on 01/03/2012 indicates trend reversal and stock may more fall / correct in near future. Short this stocks below 206 target 195-190. stoploss 212.

RELIANCE VIEWS

Few days back i told you, short reliance at 800 and we gave target of 875. Reliance Industries Ltd. has broken down support of 875, as defined by Bollinger bands, with good volume on 07/03/2012. This could mean a down move is imminent. This stock is in short term down trend.
Share has hit one month low on 07/03/2012. Short traders book profit and reverse your tarde.
As per fast and slow stochastic, Reliance Industries Ltd. is in over sold range with a value of 10.1504. Reliance Industries Ltd. share price is down along with rise in volume on 06/03/2012 . This signals a downward trend. But it has recoverd from 750 level which is strong support zone. momentum traders may buy Reliance at 760 target 800.

NIFTY X-RAY REPORT FOR 07 MARCH

NIFTY X-RAY REPORT FOR 07 MARCH
NIFTY CLOSED AT 5222.40  -1.10%
5000CE OI ADDED 10100 CONTRACTS TOTAL OI -1362300
5100CE OI ADDED 174650 CONTRACTS TOTAL OI-1089300
5200CE OI ADDED 314450 CONTRACTS TOTAL OI-2744700
5300CE OI ADDED 426400 CONTRACTS TOTAL OI- 3189350
5000PE OI ADDED 1373100 CONTRACTS TOTAL OI -6448650
5100PE OI ADDED 321800 CONTRACTS TOTAL OI-5088550
5200PE OI ADDED -59600 CONTRACTS TOTAL OI-7927450
5300PE OI ADDED 6188700 CONTRACTS TOTAL OI- 288100
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AS I TOLD YOU YESTERDAY, TODAY WOULD BE A VERY VOLATILE DAY AND I TOLD YOU ALSO THAT ACCORDING TO OI DATA TRADING RANGE WILL BE BETWEEN 5200-5300. I TOLD YOU ALSO THAT ANY BREAK OF 5300 LEVEL NIFTY MAY DRAG MINIMUM 200 POINTS EITHER SIDE.TODAY ALL PICTURE HAS BEEN CHANGED. HIGEST OPEN INTEREST SEEN IN 5200 CE AND HIGEST OPEN INTEREST SEEN IN 5000PE. CLEARLY INDICATING  NIFTY MAY FALL UPTO 5060-5080 LEVEL IN COMING DAYS. ALL SHORT TRADERS CAN BOOK PROFIT IN NIFTY AT THAT LEVEL. AND A SHARP BOUNCE BACK IS EXPECTED FROM THAT LEVEL. ANY BAD GLOBAL TREND MAY NIFTY DRAG TO THIS LEVEL.
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FII/DII TURNOVER
FII -241.22/ DII+179.91
ADVANCE/DECLINE======314/789
                                 HIGH                     LOW                     CLOSE
LAST                       5382                        5206                       5222
PREV                      5344                        5265                       5280
L.WEEK                 5458                        5268                       5359
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SWING INDICATOR
5D- DOWN 5222  REVERSAL  5459
10D-DOWN 5281 REVERSAL   5630
20D- DOWN 5222 REVERSAL  5630
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INTRADAY SUPPORT AND RESISTANCE
S2-5094/S1-5158/ PIVOT-5270/R1-5334/R2-5445
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MOVING AVRAGES
5D-5317/20D-5410/50D-5128/200D-5170
HIGEST CLOSE
5D-5385/10D-5505/20D-5607
LOWEST CLOSE
5D-5222/10D-5222/20D-5222

NIFTY X-RAY REPORT FOR 06 MARCH

NIFTY X-RAY REPORT FOR 06 MARCH
NIFTY CLOSED AT 5280.35(-1.47%)
5200 PE OI ADDED 996150 CONTRACT TOTAL OI-8424350
5300 PE OI ADDED 348750 CONTRACT TOTAL OI-2849500
5400PE OI ADDED 175650 CONTRACT TOTAL OI-3850000
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5200 CE OI ADDED 381950 CONTRACT TOTAL OI -2471400
5300 CE OI ADDED 8071700 CONTRACT TOTAL OI -2849500
5400 CE OI ADDED 488900 CONTRACT TOTAL OI-3683400
ADVANCE/DECLINE=====370/742
AS I told you earlier that market is playing see saw between 5300 -5400. I told you also there is minimum 200 points rally is confirm after breaking 5300 or 5400. today higest open interest addition seen in 5300 call and 5200 put. indicating next trading range between 5200 to 5300. but due to election result tomorrow we expect highly volatile trading session either side. Any significant event on the international front could also have an impact on the markets. best stratagy in current time is wait and watch. On the other hand, risky takers can adopt the ‘straddle option’ strategy, which will benefit them if the markets swing in either side. As per option open interest data Nifty will face  first support  at 5210 and the second one is at 5150. On the other side, the first resistance is at 5440 and the second is at 5610.
                          HIGH              LOW           CLOSE
LAST                5344.50            5265.70         5280.35
PREV               5392.55            5315               5359
LWEEK           5458.80            5265               5359
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SWING INDICATORS
5D- DOWN    5429   REVERSAL        5459
10D- DOWN   5281  REVERSAL        5630
20D-UP           4850   REVERSAL        5266
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INTRADAY SUPPORT AND RESISTANCE
S2-5218/S1-5249/PIVOT-5296/R1-5328/R2-5375
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MOVING AVRAGES
5D-5349/20D-5417/50D-5118/200D-5172
HIGEST CLOSE
5D-5385/10D-5607/20D-5607
LOWEST CLOSE
5D-5280/10D-5280/20D-5280