Friday, September 27, 2013

Pre-Market View

Nifty Spot - 5900 is the trend decider today, exit positions by EOD on a/c of  weekend

Nifty Future 

Target5                                               6005      (Stiff Resistance/ Sell zone)
Target3                                               5987  
Target2                                               5961-73  (Stiff Resistance/ Sell zone)
Target1                                               5935-48   (Resistance/ Strong above) 

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

Target 1                                           5874-93   (Big Support / Buying zone / Sell below)
Target 2                                           5839-56   (Bigger Support / Buying zone / Sell below)

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

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Bank Nifty Spot - 10000 is the trend decider today, exit positions by EOD on a/c of  weekend

BankNifty Future 

Target3                                               10750-10900  (Resistance zone / Sell zone)
Target2                                               10400-10500  (Resistance zone)
Target1                                               10180-10260 (strong above this level)

Strength above /Weak below         10000-10100

Target 1                                             9850-9900         (Big Support Buying zone)
Target 2                                             9600-9650         (Bigger Support Buying zone)

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

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