Pre-Market View 20/9/2013 - Look for Intraday Update in case of anything unusual

Market is long as long as HH / HL continues

Nifty Future

Sell Near  6160-80
Target1    6124  (Sell here, if does not hold)
Target2    6090  (Sell here, if does not hold)
Target3    6070-85 (Buying zone)
Target3    6030-55 (Buying zone)


Close all longs if price starts trading below 6070 & buy back if gets above it.

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Target 4                 6180-6200  (Sell Zone / buy above)
Target 3                 6140-50  (Sell Zone / buy above)
Target 2                 6125   ( Sell Zone / buy above)
Target 1                 6100  (more Strength above this)

Buy at                    6070-85
Buy more               6030-50

Short if starts trading below 6030-50.
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Bank Nifty Future

Sell Near  11300-400 (Buy above)
Target1    11230-50 (Sell here, if does not hold)
Target2    11130-90  (Sell here, if does not hold)
Target3   10900-11000
Target4   10800-10850

Close longs if starts trading below 10800
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Target 4                 11650-700  (Sell Zone / buy above)
Target 3                 11300-400 (Sell Zone / buy above)
Target 2                 11230-50   ( Sell Zone / buy above)
Target 1                 11130-90  (more Strength above this)
Buy at                    10900-11000
Buy more               10800-10850

Short if price starts trading below 10800 & buy back if gets above it.
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