Pre-Market View - Nifty & Bank Nifty Future

Market Bias stands negative as discussed at the Week beginning post but protecting 5800 important for further rise

Nifty Future

Target                                               6020-40      (Sell Zone / Strong resistance & Must exit zone)

Target                                               5981-6005  (Sell Zone / Strong resistance & Pref. exit zone)

Buy Aggressively above                  5950  
Buy more above                               5929-43 (Good Resistance )

Strength above /Weak below           5910-20  Buy above or Holding this level or all dips to this 

Target 1                                             5880-95    (Big Support / Buying zone / Sell below)
Target 2                                             5855-65    (Bigger Support Buying zone)
Target 3                                             5820-30    (Bigger Support Buying zone)

Exit all longs below this level if price sustaining below this level


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Bank Nifty Future

Target                                               10900-11000  (Sell Zone & Must exit Zone)

Target                                               10600-700     (Sell Zone & Preffered exit zone)

Buy Aggressively above                  10430-60      ( Sell Zone)
Buy more above                               10300-330



Strength above /Weak below          10170-240  

Target 1                                             9800         (Big Support Buying zone)
Target 2                                             9600         (Bigger Support Buying zone)

Exit all longs below this level if price sustaining below this level