NIFTYDIRECT

7 Dec  -  SS     -  5975 - 11.00 -Nil
7 Dec  -  BUY  - 5968 - 12.45 - Loss
10 Dec-  SS      - 5948 - 10.45 - Profit
11 Dec-  BUY   - 5954 -  1.00  - Loss
11 Dec - BUY   - 5910 - 1.45 - Nil
12 Dec - BUY   - 5934 - 10.45 - Profit
14 Dec - SS       -5884 - 9.30 - Loss
14 Dec - BUY    - 5906 - 1.20 - Nil
17 Dec - SS       - 5895 - 10.40 - Nil
19 Dec - BUY    - 5948 - 1.00 - Nil
21 Dec - SS        - 5887 - 10.45 -  Profit 
24 Dec - SS        - 5865 - 10.05 - Nil
26 Dec - SS        - 5871 - 10.44 - Loss
26 Dec - SS        - 5910 - 11.50 - Nil
27 Dec - BUY    - 5911 - 10.50 - Loss
2 Jan    - BUY     - 6040 - 11.30 - Nil
3 Jan    - BUY     - 6040 - 10.05 - Nil
4 Jan    - SS        -  6026 - 11.00 - Loss
7 Jan    - BUY     -  6046 - 9.45 - Loss
8 Jan    - SS        -  6003 - 12.50 - Loss
9 Jan    - BUY     -  6025 - 1.15 - Loss
10 Jan   - BUY     - 6006 - 12.00 -  Nil
11 Jan  - SS        - 5996 -12.00 -  Profit
14 Jan  - SS        -  6015 - 11.20 - Loss
17 Jan  - BUY     - 6035  -12.00 -  Profit
21 Jan  - BUY     - 6082  -12.00 -  Profit
23 Jan  - SS        - 6071  -10.40 -  Profit

CHART

SENSEX

Short Sensex 19300

CHART

SENSEX

Short Sensex 19000

	Name	Last	5 Minutes	10 Minutes	Hourly	Daily	Time
	ALL ORDINARIES	4483.40	Strong buy	Strong buy	Strong buy	Strong buy	4:15:00
	Korea 200 Futures	255.18	Strong buy	Strong buy	Strong buy	Strong buy	4:15:25
	India 50 Futures	5816.75	Strong buy	Buy	Strong buy	Strong buy	4:15:58
	China H-Shares Futures	10515.00	Strong buy	Strong buy	Buy	Strong buy	3:59:58
	Singapore MSCI Futures	345.75	Buy	Strong buy	Strong buy	Strong buy	4:10:07
	Hang Sen 40	21964.00	Strong buy	Strong buy	Strong buy	Strong buy	4:00:01
	Japan 225	9373.50	Strong buy	Strong buy	Neutral	Strong buy	4:12:52

CHART

SENSEX

Long Sensex at 18650

	Name	Last	5 Minutes	10 Minutes	Hourly	Daily	Time
	ALL ORDINARIES	4469.60	Sell	Strong sell	Strong buy	Strong buy	3:38:00
	Korea 200 Futures	253.88	Strong sell	Sell	Strong buy	Strong buy	3:38:31
	India 50 Futures	5699.75	Sell	Sell	Strong buy	Buy	3:38:28
	China H-Shares Futures	10594.00	Strong sell	Strong sell	Buy	Strong buy	3:38:31
	Singapore MSCI Futures	340.25	Strong sell	Neutral	Strong buy	Strong buy	3:38:22
	Hang Sen 40	21858.00	Strong sell	Strong sell	Buy	Strong buy	3:38:31
	Japan 225	9398.50	Strong sell	Strong sell	Buy	Strong buy	3:37:34

CHART

SENSEX

Short Sensex at 18550

	Name	Last	5 Minutes	10 Minutes	Hourly	Daily	Time
	ALL ORDINARIES	4443.10	Strong buy	Strong buy	Strong buy	Strong buy	3:48:00
	Korea 200 Futures	251.68	Strong buy	Strong buy	Strong buy	Strong buy	3:47:00
	India 50 Futures	5674.50	Strong buy	Strong buy	Strong buy	Neutral	3:48:30
	China H-Shares Futures	10598.00	Strong buy	Strong buy	Strong buy	Strong buy	3:48:36
	Singapore MSCI Futures	338.85	Neutral	Sell	Sell	Strong buy	3:46:24
	Hang Sen 40	21908.00	Buy	Buy	Strong buy	Strong buy	3:48:29
	Japan 225	9443.50	Sell	Sell	Strong buy	Strong buy	3:44:09

CHART

SENSEX

Short Sensex 18500

	Name	Last	5 Minutes	10 Minutes	Hourly	Daily	Time
	ALL ORDINARIES	4424.20	Strong sell	Sell	Buy	Sell	3:48:00
	Korea 200 Futures	251.28	Strong buy	Strong buy	Strong buy	Strong buy	3:42:45
	India 50 Futures	5637.00	Sell	Sell	Strong buy	Strong sell	3:48:25
	China H-Shares Futures	10589.00	Buy	Strong buy	Strong buy	Strong buy	3:47:40
	Singapore MSCI Futures	338.45	Buy	Strong buy	Strong buy	Buy	3:45:52
	Hang Sen 40	21826.00	Buy	Buy	Strong buy	Strong buy	3:48:40
	Japan 225	9366.8	Strong buy	Strong buy	Buy	Strong buy	22/11

CHART

SENSEX

Long Sensex at 18500

	Name	Last	5 Minutes	10 Minutes	Hourly	Daily	Time
	ALL ORDINARIES	4437.30	Strong sell	Strong sell	Strong buy	Buy	3:43:00
	Korea 200 Futures	250.38	Strong buy	Strong buy	Strong buy	Neutral	3:43:57
	India 50 Futures	5635.25	Strong buy	Strong buy	Strong buy	Strong sell	3:43:33
	China H-Shares Futures	10488.00	Buy	Strong buy	Strong buy	Neutral	3:43:57
	Singapore MSCI Futures	337.25	Strong buy	Strong buy	Strong buy	Sell	3:40:57
	Hang Sen 40	21673.00	Buy	Strong buy	Strong buy	Strong buy	3:43:53
	Japan 225	9328.50	Sell	Buy	Strong buy	Strong buy	3:42:44

CHART

SENSEX

Short sensex at 18350.

	Name	Last	5 Minutes	10 Minutes	Hourly	Daily	Time
	ALL ORDINARIES	4399.40	Strong sell	Strong sell	Strong buy	Strong sell	3:34:00
	Korea 200 Futures	248.58	Strong buy	Strong buy	Strong buy	Buy	3:34:07
	India 50 Futures	5593.50	Strong sell	Strong sell	Strong buy	Strong sell	3:33:58
	China H-Shares Futures	10294.00	Buy	Sell	Neutral	Strong sell	3:34:07
	Singapore MSCI Futures	334.35	Strong sell	Strong sell	Buy	Strong sell	3:34:08
	Hang Sen 40	21346.00	Buy	Buy	Buy	Sell	3:34:07
	Japan 225	9233.50	Strong buy	Strong buy	Strong buy	Strong buy	3:34:01

CHART

SENSEX

Short Sensex at 18400.

	Name	Last	5 Minutes	10 Minutes	Hourly	Daily	Time
	ALL ORDINARIES	4406.60	Strong buy	Strong buy	Strong buy	Strong sell	3:23:00
	Korea 200 Futures	247.98	Strong buy	Strong buy	Strong buy	Strong sell	3:22:49
	India 50 Futures	5607.75	Strong buy	Strong buy	Strong buy	Strong sell	3:23:13
	China H-Shares Futures	10362.00	Strong sell	Neutral	Strong buy	Strong sell	3:23:31
	Singapore MSCI Futures	333.25	Strong sell	Strong sell	Buy	Strong sell	3:21:34
	Hang Sen 40	21421.00	Strong sell	Buy	Strong buy	Buy	3:23:04
	Japan 225	9168.50	Strong buy	Strong buy	Strong buy	Strong buy	3:23:04

CHART

SENSEX

Long Sensex at 18350.

	Name	Last	5 Minutes	10 Minutes	Hourly	Daily	Time
	ALL ORDINARIES	4376.30	Strong buy	Strong buy	Strong buy	Strong sell	3:45:00
	Korea 200 Futures	247.23	Strong buy	Strong buy	Strong buy	Strong sell	3:45:00
	India 50 Futures	5591.25	Strong buy	Strong buy	Strong sell	Strong sell	3:45:06
	China H-Shares Futures	10335.00	Strong buy	Strong buy	Buy	Strong sell	3:44:48
	Singapore MSCI Futures	332.85	Strong buy	Strong buy	Strong buy	Strong sell	3:41:21
	Hang Sen 40	21301.00	Strong buy	Strong buy	Strong buy	Sell	3:44:47
	Japan 225	9183.50	Strong buy	Strong buy	Buy	Strong buy	3:44:59

CHART

SENSEX

Long Sensex at 18500.

	Name	Last	5 Minutes	10 Minutes	Hourly	Daily	Time
	ALL ORDINARIES	4363.80	Strong sell	Strong sell	Strong sell	Strong sell	3:48:00
	Korea 200 Futures	244.53	Sell	Strong sell	Strong sell	Strong sell	3:47:42
	India 50 Futures	5645.75	Strong buy	Strong buy	Strong sell	Strong sell	3:48:44
	China H-Shares Futures	10280.00	Strong buy	Strong buy	Neutral	Strong sell	3:48:35
	Singapore MSCI Futures	332.15	Strong buy	Strong buy	Neutral	Strong sell	3:45:18
	Hang Sen 40	21175.00	Strong buy	Strong buy	Strong sell	Strong sell	3:48:37
	Japan 225	9033.50	Strong buy	Strong buy	Strong buy	Strong buy	3:48:46

	Name	Last	Open	High	Low	Chg.	Chg. %	Time
	ALL ORDINARIES	4363.40	4371.50	4372.20	4355.90	-7.21	-0.17%	3:48:00
	Korea 200 Futures	244.53	243.98	244.98	243.98	-0.15	-0.06%	3:47:42
	India 50 Futures	5642.75	5625.75	5647.75	5623.50	3.50	0.06%	3:48:23
	China H-Shares Futures	10279.00	10260.00	10293.00	10208.00	40.00	0.39%	3:48:29
	Singapore MSCI Futures	332.15	330.10	332.25	329.95	2.40	0.73%	3:45:18
	Hang Sen 40	21174.00	21170.00	21191.00	21112.00	65.07	0.31%	3:48:16
	Japan 225	9028.50	8893.00	9028.50	8893.00	198.78	2.25%	3:47:28

CHART

SENSEX

Short sensex at 18500.

	Name	Last	5 Minutes	10 Minutes	Hourly	Daily	Time
	ALL ORDINARIES	4366.40	Buy	Sell	Strong sell	Strong sell	3:46:00
	Korea 200 Futures	244.28	Strong sell	Strong sell	Strong sell	Strong sell	3:47:00
	India 50 Futures	5644.75	Strong sell	Strong sell	Strong sell	Strong sell	3:46:48
	China H-Shares Futures	10267.00	Strong sell	Sell	Strong sell	Strong sell	3:46:48
	Singapore MSCI Futures	334.15	Strong sell	Sell	Strong sell	Strong sell	3:46:57
	Hang Sen 40	21234.00	Strong sell	Strong sell	Strong sell	Strong sell	3:46:33
	Japan 225	8753.50	Strong buy	Strong buy	Strong buy	Strong sell	3:44:00

	Name	Last	Open	High	Low	Chg.	Chg. %	Time
	ALL ORDINARIES	4366.20	4410.70	4410.70	4359.60	-44.47	-1.01%	3:46:00
	Korea 200 Futures	244.23	245.08	245.43	243.78	-4.05	-1.63%	3:45:24
	India 50 Futures	5645.00	5660.25	5668.50	5639.75	-58.75	-1.03%	3:46:06
	China H-Shares Futures	10264.00	10266.00	10316.00	10223.00	-125.00	-1.20%	3:45:39
	Singapore MSCI Futures	334.15	335.35	335.55	333.65	-1.65	-0.49%	3:46:00
	Hang Sen 40	21233.00	21228.00	21305.00	21196.00	-208.99	-0.97%	3:46:00
	Japan 225	8753.50	8693.00	8770.50	8678.50	88.77	1.02%	3:44:00

Short Kospi at 1925.
Short Japan at 9000.
Short SGX at 3028.

SENSEX CHART

SENSEX CHART

STRATERGY

Short Sensex at 18500.
Target 18400.
SL 18600.

SENSEX CHART

STRATERGY

Short Sensex at 18450
Target 18350.
SL 18550.

SENSEX CHART

STRATERGY

Long Sensex at 18650.
Target 18750.
SL 18550.

OUTLOOK

The Finance Minister got into action again and announced he would nearly halve the deficit in just over four years. Expectations are that such an announcement could increase the chances a rate cut today.The rupee weakened past the 54-level against the dollar ahead of RBI meet. The RBI has indicated that it’s ready to support growth and ease interest rates if “macro-risks from inflation and twin deficits recede further”. In its ‘Macroeconomic and Monetary Developments Second Quarter Review 2012-13,’ the RBI said, “Growth-inflation balance warrants careful policy calibration as growth slows but inflation risks persist." A CRR cut is widely expected. Will the RBI oblige on a rate cut, we will know in a few hours.

SENSEX CHART

STRATERGY

Short Sensex at18700. Target 18600. SL 18800

OUTLOOK

Back home the weekend saw a cabinet reshuffle in India with the Prime Minister inducting 22 ministers - 7 of cabinet rank and 15 ministers of state with two holding independent charge. UPA will hope to see some more action with few fresh faces. Reliance could be in focus following the change in the petroleum ministry with Veerappa Moily taking charge. Hyderabad-based companies could see gains following better representation this time from Andhra Pradesh in the reshuffle.

We are looking at a cautious start for the Indian indices. The market last week struggled for direction and closed below the 20 DMA. Global cues are mixed with Asian shares edging higher. US indices ended subdued.

SENSEX CHART

STRATERGY

Short Sensex at 18700
Target 18600
SL 18800

OUTLOOK

We see the indices opening flat to negative with some gains coming over the day. Yet, investors will adopt a guarded approach ahead of events like the RBI meet next week. A couple of major results will be announced today. Asian indices are moving in and out of positive zone as earnings of companies like Yamaha have disappointed. US stocks gained modestly. Corporate earnings have not improved sentiment but economic data has been encouraging. In the US, first-time claims for unemployment benefits fell to 369,000 which was better than expected.

SENSEX CHART

STRATERGY

Short Sensex at 18700.
Target 18600.
SL 18800.

MARKET OUTLOOK

The start is set to be a little muted as indices catch up with the movements across the globe. The movement of a day up, a day down has been on for a while now and indices will look at breaking out of the 5640-5740 sooner than later. US indices ended slightly lower. The Federal Reserve's latest policy statement has no indications of any major change to interest rates or the central bank's plan to stimulate the economy through large bond-buying programs.Stocks like Cairn will continue to remain in focus as investors speculate on the quantum of dividend the company may declare.

SENSEX EOD CHART

Sensex Intraday Chart