FIIs TRADING ACTIVITY IN NIFTY FUTURE ON NIFTY SPOT LEVEL BASIS ON WEEKLY BASIS FROM 05 DEC 2011 TO 09 DEC 2011

FIIs TRADING ACTIVITY IN NIFTY FUTURE ON NIFTY SPOT LEVEL BASIS ON WEEKLY BASIS FROM 05 DEC 2011 TO 09 DEC 2011 :-

AFTER ANALYZING THE ABOVE TABLE IT IS CLEAR THAT OUT OF 4 TRADING SESSION BY THIS WEEK FROM 05 DEC 2011 TO 09 DEC 2011 FIIs HAS SOLD THE LONG POSITION IN NIFTY FUTURE WHATEVER HAD TAKEN IN LAST WEEK (FROM 28 NOV 2011 TO 02 DEC 2011)

LAST WEEK(FROM 28 NOV 2011 TO 02 DEC 2011), FIIs HAD TAKEN LONG POSITION IN NIFTY FUTURE RS. +2806.81 CR @ 4895.09 NIFTY SPOT LEVELS BUT THIS WEEK(FROM 05 DEC 2011 TO 09 DEC 2011 FIIs HAS SOLD THE LONG POSITION IN NIFTY FUTURE RS. -1848.51 CR @ 5006.2 OUT OF RS. 2806.81 CR @ 4895.09 9LONG POSITION. AND RS. +958.30 CR HAS BALANCE LONG POSITION, MEANS TO SAY FIIs HAVE BOOKED PROFIT IN 66% LONG POSITION TAKEN IN THE LAST WEEK AND AND BALANCE 34% HAS REMAINED. IT IS CLEAR THAT FIIs ARE NOT LOOKING MORE UPSIDE IN THE NIFTY FROM THE CURRENT LEVEL THAT IS THE REASON THEY HAVE BOOKED PROFIT. 

LAST WEEK WE SAW NIFTY SPOT WAS TRYING TO HOLD 4955 ON WEEKLY BASIS AND 4932.53 ON MONTHLY BASIS BUT ON 08 DEC 2011 NIFTY SPOT MADE THE DAY'S LOW @  4921.45 AND CLOSED ON THAT DATE @ 4943.65 MEANS BROKE THE MONTHLY & WEEKLY BREAK - EVEN POINT &  @  4932.53 & 4932.53 ON DAY'S BASIS AND CLOSED BELOW WEEKLY BREAK - EVEN POINT @ 4943.65 CLOSED @ 4943.65. BECAUSE OF BREAKING THE WEEKLY & MONTHLY BREAK - EVEN POINTS RESULTING ON 09 DEC 2011 NIFTY SPOT BROKE THE LAST WEEKLY SUPPORT @ 4849.11 AND MADE THE INTRADAY LOW @ 4841.75 & CLOSED @ 4866.70. 

NIFTY SPOT WEEKLY VIEW :- FROM 12 DEC 2011 TO 16 DEC 2011)

NIFTY SPOT WEEKLY CHART FROM 05 DEC 2011 TO 09 DEC 2011

AFTER ANALYZING THE ABOVE CHART IT IS CLEAR THAT PROFIT BOOKING HAS BECOME FROM THE UP SIDE NEAR @ 5100 (WEEKLY HIGH @ 5099.25) AND  HAS MADE THE WEEKLY LOW ALSO NEAR @ 4850 (WEEKLY LOW @ 4841.75).  SO NIFTY SPOT WILL BE POSITIVE IF HOLDS AND TRADES ABOVE 5000 ON WEEKLY BASIS OTHERWISE CAN MAKE NEW WEEKLY LOW BY NEXT WEEK (FROM 12 DEC 2011 TO 19 DEC 2011).

NOW NEXT WEEK (12 DEC 2011 TO 16 DEC 2011) IS EXPECTED TO BE BEARISH. THE THING IS THAT NIFTY HAS BROKEN THE MONTHLY BREAK - EVEN POINT @ 4932.53 SO MONTHLY SUPPORT @ 4538.61. 

NIFTY SPOT WILL BE POSITIVE IF HOLDS AND TRADES ABOVE 4935.90 ON WEEKLY BASIS. THE MAIN THING IS TO NOTICE THAT THIS WEEK BREAK - EVEN POINT AND MONTHLY BREAK - EVEN POINT ON DEC 2011 SERIES BASIS IS NEAR SAME @ 4935.90 - 4932.53. IF NIFTY SPOT DOESN'T HOLD THIS LEVEL THEN SURLY CAN UP TO 4772.55 OR BELOW LEVELS ON WEEKLY BASIS.

AND ANOTHER THIS IS THAT FIIs ARE NOT IN MOOD TO BUY ON NIFTY, THEY HAVE ALREADY BOOKED PROFIT IN MORE THAN 65% IN THEIR LONG POSITION AND REMAINING BALANCE IN EXPECTED TO BOOK BY THIS WEEK. THE PROFIT BOOKING AVERAGE IS 5006 ON NIFTY SPOT BASIS. NIFTY SPOT IS NOT LOOKING ABOVE THIS LEVELS AND NIFTY SPOT WILL FACE THE WEEKLY RESISTANCE @  5030.05.

NIFTY WEEKLY TRADE :- (FROM 12 DEC 2011 TO 16 DEC 2011) :-.

SHORT NIFTY FUTURE DEC EXPIRY @ 4900 - 4955 (ACCORDING TO RISK LEVELS), STOP LOSS @ 5010 - 5040(ACCORDING TO RISK LEVELS), TARGET @ 4855 - 4805 - 4785 - 4758 - 4695 - 4625 + BUY NIFTY 5000 CALL DEC EXPIRY @ RS. 66 - 80( ACCORDING TO RISK LEVEL), STOP LOSS @ 30, TARGET @ RS. 150 - 175 - 185 - 225 - 352 (HEDGE POSITION AGAINST SHORT NIFTY FOR UNEXPECTED UPSIDE.)