Sunday, September 29, 2013

Pre-Market View for 30th Sep, 2013 (Monday)

Nifty Near Month Future

Enter Long at  5839 also at 5821 Stop Loss 5817   
Enter Short at 5893 Also at 5914 Stop Loss 5922               
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Trend Day   - Down
Trend Week  - Up
Trend Month - Down
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5800 Nifty Spot is a very good support

Today is the end of the month of September, some kind of trend assertion / change may be attempted.
 
Expected movement for the day - sidewise

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5980-6000         Maximum Month end unexpected high if unusual momentum / Sell zone
5935-45             Bigger resistance / Sell Zone

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5910-20             Resistance / Sell zone / Buy sustaining above

5880-95              Strong above / weak below

5839-56 (key)     Good Support / Buy holding / Sell below 
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5814-21              Bigger Support & Buy area / Weak below

5766-76              Max Downside
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Bank Nifty Near Month Future
_________________________________________
Trend Day   - Down
Trend Week  - Up
Trend Month - Down
_________________________________________

9700 Bank Nifty Spot is a very good support
Today is the end of the month of September, some kind of trend assertion / change may be attempted.
 
Expected movement for the day - sidewise

_______________________________________________________________________________________
10400-10500         Maximum Monthend unexpected high if unusual momentum / Sell zone
10150-10250/300   Bigger resistance / Sell Zone

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10100                  Resistance / Sell zone / Buy sustaining above

9930-10030         Strong above / weak below

9800  (key)         Good Support / Buy holding / Sell below 
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9630-9670          Good Support / Buy holding / Sell below

9460- 9540          Bigger Support & Buy area / Weak below/ Max Downside
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