NIFTY X- RAY REPORT FOR 16 JULY

 LAST WEEK SNAP SHOT:-

The markets closed with significant declines last week with all sectoral indices closing negative. The Sensex was down 1.6% and Nifty also lost 1.6% over the week. The CNX Midcap index closed with 1% loss, BSE Smallcap lost 1% while the Bank Nifty closed with 0.4% loss. The BSE Metal closed with 3% loss, BSE power closed with 2% loss and BSE Realty was down 0.6%. The BSE capital Goods closed with 0.7% loss, BSE Auto lost 2%, BSE Consumer Durables was down 3.2% and BSE IT closed with 4.8% loss. The top Nifty gainers during the week were ONGC, GAIL, BPCL and HDFC Bank while the biggest losers included Infosys, Wipro, Tata steel and Jindal steel.

LAST DAY SNAP SHOT:-

 The markets closed flat on Friday with realty, metal and consumer durables being the biggest losers. Power and IT, too, lost significantly and FMCG was the only sector that managed to close in the green. The Sensex closed at 17214, down 19 points from its previous close, and the Nifty closed  at 5227, down 8 points. CURRENT TECHNICAL SITUATION:-

Market touched two days 5217 level and closed above that level. FIIS sold nifty future worth Rs 39.3 Cr. and open interest increased by 2.1% indicating that some shorts have entered in the market but volume is too low. Nifty 5300 call added 837,800 new contracts in open interest and there is also huge open interest buildup seen in 5300 call on thursday session. 5400 call added 979,900 fresh shares in open interest. Nifty 5300 put decreased by 376250 shares from open interest. Huge open interest build up in 5300 and 5400 call frequently two days is a danger sign for call writers, and indicating up move fore next session.

As per nifty EOD chart RSI and slow stochastic indicator is in sell mode and indicating down move and Nifty has hit two week low on friday.

As i have written in my previous post that a good great rally is due in Indian  market, but non of you believed on my words and now after watching closing of all US and European market on Friday must would have started  thinking about up move. Some green signal from global front can lift nifty up. By seeing this rally many of analyst would start talking about up move in the market on Monday now.

Why I have always been alerted you about the coming trend or move of the market before time. I should always be like others and start writing after happening the events. But I am helpless my dear friends, this is my style and I cant change it. Don't be short in nifty above 5380. Any two close above 5300 this time market will give smart jump to 5422-5500. I have also told you that I expect expiry above 5400-5500. Sgx nifty is indicating at 5270 watch this level carefully sustaining above this level till 11 am on monday will jump to 5330 level in hours only.

    

 

NIFTY X-RAY REPORT FOR 13 JULY

 LAST DAY SNAP SHOT:-
The markets closed with significant losses today with IT taking severe beating. Tech, consumer durables, auto and capital goods were other sectors that closed with significant declines and oil & gas and realty were the only two sectors that managed to close in the green. The Sensex closed at 17233, down 257 points from its previous close, and the Nifty shut shop at 5235, down 71 points. The CNX Midcap index was down 0.3% while the BSE Smallcap index lost 0.7% in today's trade. The market breadth was negative with advances at 438 against declines of 986 on the NSE. The top Nifty gainers were JP ASSOCIATES, ONGC, HERO MOTO CORP and GAIL while the biggest losers was INFOSYS, WIPRO, BHARTI AIRTEL AND IDFC.
CURRENT TECHNICAL SITUATION:-
As per Nifty EOD charts Relative Strength Indicator (RSI) on daily charts was in over bought level indicating trend reversal. 
As per stochastic Indicator, on NIFTY daily charts has turned down and indicating down move further.
Spinning top Candlestick pattern has formed by on NIFTY daily chart today. As per EOD chart analysis it is indicating that price may correct more further in near term, but option data are saying something different.

FIIs sold Nifty future worth rs 415.52 cr and Nifty future down by 71 points and open interest increased by 0.1% indicating no major short has been entered into the system. As I have discussed earlier about the magic level 5217, Nifty touched today this level and bounced back and closed at 5235. 5217 level will be trend decider level for nifty for next session.

Nifty 5300 call added 1,089,400 contracts in open interest and 5300 put decreased by 321,450 shares from open interest. Two days back Nifty 5300 put added 1,268,500 shares in open interest and 5400 put added 1,138,300 shares in open interest. Nifty fall 130 points after touching 5360 level. Today again 5300 call added huge open interest indicating something is cooking again. FIIs have added 6680 cr rupees in cash market in July Month and they are still buying shares in cash market of our innocent Indian investors. They have bought 268.54cr. today also. I expect a big move is awaiting in Indian Market in very near term. And I also expect that all bad time has over or will over tomorrow. I expect again 5330-5340 level very soon. 

Hold longs.

STRONG TREND LINE RESISTANCE

NIFTY X -RAY REPORT FOR 11 JULY

 LAST DAY SNAP SHOT :-
after taking support at 5260 market jumped to 5360 level yesterday. The markets closed with significant gains today with all sectoral indices closing positive. The Sensex closed at 17618 (provisional), up 226 points from its previous close, and the Nifty closed at 5345 (provisional), up 70 points. The CNX Midcap index was up 1.3% while the BSE Smallcap index gained 0.8%. The market breadth was positive with advances at 930 against declines of 505 on the NSE.
CURRENT TECHNICAL SITUATION:-
As per Nifty Chart analysis Nifty is heeding towards 5422 at 76% Fibonacci level. Bullish marubozu Candlestick pattern has  formed on NIFTY EOD charts yesterday. And nifty  has hit three months high yesterday. As per RSI , NIFTY is in over bought territory with a value of 76.11 and, As per fast stochastic ,  NIFTY is in over bought range with a value of 98.74, and  As per slow stochastic , NIFTY is in over bought range with a value of 98.74.
Nifty future up by 80 points and open interest increased by 3.2%. price rising with rising in open interest indicating that more fresh long has buildup yesterday.
Nifty 5300 put added 1,268,500 shares in open interest and 5400 put added 1,138,300 shares in open interest. Nifty 5300 call shaded -790,500 shares from open interest, and Nifty 5400 call added 204,800 shares in open interest. On the call side Nifty is standing with highest open interest in 5400 strike price, indicating Nifty will face resistance near 5400 level. Nifty 5300 put oi added and 5300 call shaded indicating that 5300 put writers are still confident to write 5300 strike price. Even 5400 put seen writing yesterday. On the call side 5300 call writers are shifting to upper strike price and 5500 call oi is slightly increasing. All these data ia indicating clearly that more upside is due in the market in the current month series. A minor correction may come on intraday basis. Fiis are not going to miss  this rally. They keep continue buying in cash market.
Hold longs.

 
This is my humble request to my all subscriber that don't disturb your trading account till 20 months which you have started  trading on my recommendation with one lot or more, to enjoy real 32 lots trading in 20 months.
Thanks and regard
Rajesh singh

INCREASE YOUR MONTHLY INCOME UP TO 4 LAC

 
YOU MAY INCREASE YOUR MONTHLY INCOME UP TO 4 LAC IN JUST AFTER 20 MONTHS BY TRADING IN NIFTY FUTURE WITH RS. 50000.00 INVESTMENT.

YES, THIS IS RIGHT, TRUE AND TESTED.

If you have been trading since two or more than two years and earned nothing till now or your fund didn't growth according to your expectation. Well I would like to suggest you made a proper strategy, and don't trade yourself if you don't know how to trade otherwise you will washout your all money in few months and some time in weeks also. I have a strategy which may take you from 1 lot to 32 lots in just 20 months, and your income will be 4 lac( 400000) per month after 20 months. First trade only in Nifty future. Nifty future has enough liquidity to trade. Don't think about any stock trading or option trading.
HOW WILL POSSIBLE RS. 4 LAC PER MONTH ?

Lets understand 

Only 250 points per month in nifty future may take you to 32 lots in just 20 months.

How?
Lets understand this with a table below. I have made it of each 4 months slab.

MONTHS-LOTS- CAPITAL- POINT/LOT- INCOME/PM
0 to 3------01--------50000-----250 x1=250 -----12500.00
4 to 7------02----- --100000 ---250 x2=500------25000.00
8 to11-----04--------200000----250 x4=1000--- -50000.00
12to 15----08--------400000---250x 8=2000----100000.00
16 to 19---16--------800000----250x16=4000----200000.00
20 to 23---32-------1600000---250x32=8000----400000.00
200-250 points may gain every month easily without doing hectic and aggressive trading. Without taking too much risk of your capital. Small investors who come into stock market by carrying a dream that they will earn money, but happens just opposit according to ones expectation. This plan is famous among them in India. It is liked by thousands of people and even subscribed by hundreds of people who don't know how to trading. Protect your capital first and learn how to earn handsome money.
This is the only plan which may take you upto 4 lac per month income in just 20 Months with investment of Rs.50000.00 only.

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GOOD LUCK.

NIFTY X-RAY REPORT FOR 10 JULY

 NIFTY X- RAY REPORT FOR 10 JULY:-

LAST DAY SNAP SHOT:-
The markets lost significantly today with all sectoral indices closing in the red. Metal, power, auto and realty were the biggest losers in today's session and capital goods and consumer durables, too, lost significantly. The Sensex closed at 17392, down 129 points from its previous close, and the Nifty shut shop at 5275, down 42 points. The CNX Mid cap index was down 1.5% while the BSE Smallcap index lost 1.1% in today's trade. The market breadth was negative with advances at 420 against declines of 1031 on the NSE. 
CURRENT TECHNICAL SITUATION
Nifty 5300 call added huge 1,289,350 shares in  open interest, and 5400 call added 736,500 shares in open interest. 5200 put added 165,100 shares in open interest in falling prices indicating that 5200 level will create a strong support zone for market in near term. Huge addition in 5300 call. what is this?  is this buying or writing. Just three days back 5300 put added 1 million open interest at 5335 level  and market fell almost 85 points from that level  within two days. Yesterday 5300 call and 5400 call added 2 million shares in open interest. What has done it will be clear today. I think It is buying by smart money.
FIIs bought Index future worth Rs. 64.71 CR, Index fall 0.90% and open interest decreased by -2.6%  indicating clearly long has been unwinding in last session and no indication of fresh short because there is buying in cash and future segment By FIIs.
As per Nifty EOD charts Three inside down Candlestick pattern was formed by NIFTY on yesterday Prior to pattern formation the index was in uptrend.
Index has hit two week low yesterday. As per RSI, NIFTY is in over bought territory with a value of 62.82. As per slow stochastic , S&P CNX NIFTY is in over bought range with a value of 64.93 indicating further down move. I highly expect that Market is strong. yesterday move was trapping or real fall will confirm move above 5300 level again. Option data is saying something is cooking in the market. If market bounce from here above 5300 level this time will kiss 5370 level.

Live Bindash up side for handsome reward in few days.

GOOD LUCK  

 
PS: If you like this article, don’t forget to Spread the word and let your friends know of this article/site so that all can benefit from our perspective.

NIFTY X-RAY REPORT FOR 09 JULY

 
LAST WEEK SNAP SHOT:-

It was a rangebound and volatile week for the Indian market which traded in no particular direction though the bias, as per experts, remain positive. Global uncertainties weighed heavily on the Indian market leading to cautious trade. Banks this week posted the highest level since April 19 though FMCG and oil & gas sectors came under some pressure. This week's performance was average and the numbers are: Sensex up 0.4% and Nifty up 0.7%. CNX Midcap index was up 2.3%, BSE Smallcap index up 4.9% over the week. BSE Metal index was up 2.8%, BSE FMCG index down 2.1%, BSE Bankex up 3%, BSE IT index down 1.2% and BSE Auto index up 1%.

LAST DAY SNAP SHOT:-

The Indian market closed the last trading day of the week on a quiet note after a day of choppy and flat trade. Today. It was a day of consolidation for the Indian market which opened up soft and traded range bound throughout. Capital goods and commodity stocks saw unwinding pressure and IT sector, too, dragged the market down. Banks, however, lent some support. Sensex closed at 17521, down 17 points and Nifty at 5316, down 10 points from the previous close. CNX Midcap index was down 0.7% and BSE Smallcap index was down 0.2%. The market breadth was negative with advances at 574 against declines of 894 on the NSE. Top Nifty gainers were ICICI Bank, Mahindra & Mahindra and HUL while losers included Jindal Steel & Power, Sesa Goa and Maruti Suzuki.

CURRENT TECHNICAL SITUATION:-

As per daily and weekly charts nifty is in strong bullish mode. Bearish harami Candlestick pattern has formed on NIFTY daily chart on 06/07/2012. Doji candlestick pattern has formed on Nifty weekly chart.
As per RSI, NIFTY is in over bought territory with a value of 83.72 on daily chart. 
As per fast stochastic ,NIFTY is in over bought range with a value of 94.15 on daily chart.
As per slow stochastic, NIFTY is in over bought range with a value of 94.15, indicating reversal may happen any day, but still it has not given any reversal sign So don't jump here until it give any indication. 
Bullish engulfing Candlestick pattern was formed on  NIFTY daily chart on 05/07/2012 Prior to pattern formation this share is in uptrend.
NIFTY is moving  above 50,100 and, 200 days Simple Moving Average.

                           Currently situation is same as it was at the level of 5090. Same thing is happening in market as happened at 5090 level. Nifty touched two times 5288 level and bounced back and facing resistance at 5340 level. Nifty has closed above 61.8% Fibonacci  level since two days which is indicating strong position in market. If we consider  Nifty monthly Line chart we will find that Nifty has formed head and shoulder pattern on the chart and ready to go up to left shoulder level. Nifty slow stochastic, RSI, ROC, and money flow index is supporting for up move on the monthly chart and it is indicating for target of  6000. There is a another strong bullish sign that Nifty has crossed above 20 EMA (mid bollinger line) on monthly chart. There is a bullish divergence also going to happen on monthly slow stochastic charts.  But there is a strong resistance around 5422 level where 76% Fibonacci level comes also. If reversal come may happen from this level. Any two consecutive close above 5422 level market will jump to 5600 level within few session. Nifty is overbought on daily and weekly charts any close below 5290 level may slip to 5217-5180 level. For up move Nifty should not close below 5217 level on monthly closing basis.  If market comes around 5217-5180 level there would be buying opportunity in index and stock specific counter also. I highly expect that Market is going towards 6000 in next two three months. Any close below 5217 on monthly basis may terminate above bullish view.  

FIIs sold index future worth rs -329.68 and open interest decreased by -1.5%, indicating that partial long has been booked at current level.

Nifty5300 put added 66,650 fresh shares in open interest and 5300 call added 250,800 shares in open interest. Nifty 5500 call added highest 779,050 shares in open interest and Nifty 5100 put added highest 608,550 shares in open interest. Nifty fell 10 points and 5300 call fell 13.40 points with the addition of 250,800 new shares in open interest, indicating 5300 call have been written on Friday buy put prices has not been increased comparatively market fall, indicating fall is limited.

Conclusion : Be long untill Nifty is above 5290 level on closing basis. And buy again if nifty comes around 5200 level . Trend is strong.