Wednesday, February 15, 2012

EOD Analysis For 15th February 2012 and Outlook For 16th February 2012

Very positive start aided by positive global cues and good news on liquidity front from all over. OI in Nifty futures were same as yesterday at open [1.5 million added after Europe session opened] and VIX below 23!

Broader markets also in sync with the upside; momentum in bell weather stocks like metals, infra is simply amazing thanks to liquidity flowing from all over the place. Banknifty is on a roll as usual leading from front

Critical levels and outlook remain unchanged; 5532 assaulted as well today! To sustain this upside further, volumes need to increase by at least 5% more [can come through shorts entering the system as well]


SATYA KAMA said...

Dear Mr Nag Raj,

In your previous posts we used to get the probable more volatile dates of the month regularly in your daily posts and more so when they are nearing. I remember some time back you mentioned 20th & 21st of February, 2012 are such more volatile days with probable bearish tinge. But for the last 10 days are so you stopped mentioning this information. In the changed scenario the dates got changed or still valid. Could you please through some light on this.


reachnagraj / theknight16 said...

Dear Satyaji
Thanks for pointing this out to me.
yes the bearish tinge for 20th Feb to 22nd Feb period is still a high probability but the levels need to be determined.

Will ensure that this point is added to the update tomorrow.

Anonymous said...

Hi Nagraj, I read here that 16th to 23rd has a bearish tinge! Isn't that valid anymore?

shriram said...

Happy bday Naagi,

May this year reap u golden returns... usher in the Bull run :-)


reachnagraj / theknight16 said...

Dear Guest - yes the bearish tinge for the period stands at 16th Feb to 22nd Feb with highest weightage for 20th Feb to 22nd Feb;

That being said, the degree to which falls may come has definitely been altered by the bullish tsunami....will add relevant time updates with the caveats in tomorrow's blog

reachnagraj / theknight16 said...

@SMO: thanks buddy for the kind wishes; you gave me the ideal gift of SMO_SAR much earlier and am toying with it for now - lets hope it generates some good SMOSAs as we chug along....;-)

Waverider said...

Dearest King Naag

Wish you a very berry Happy Birthday............Bless you with the best of Health and Happiness..........I left out the wealth coz I know you can make that on your own


SATYA KAMA said...

Dear Nag Raj Ji,

Wish you a very Happy Birth Day