Tuesday, October 8, 2013

Pre-Market View 8/10/2013

Nifty Near Month Future  (Nifty spot 5930 - Trend Decider for today)

6118                    Strong  Resistance
6070-6084           Strong Resistance
6042-6046           Sell Zone / Stiff Resistance
5992-6014           Resistance Zone / Support Zone if crossed
5966-82               Support / Resistance

5936-54               Strong above / weak below 

5910-5915           Key Support / Weakness will begin below
5878-5894           Support Zone / Sell Below
5857                    Very Good Support Zone / Sell more below

Exit LOngs & Sell below this level
===============================================================

Bank Nifty Near Month Future  (Bank Nifty Spot 10271 - Trend Decider for Today)

111200-11500  Strong Resistance / Sell zone
10800-900         Sell Zone / Buy Above
10560-10700     Resistance

10270-10370    Strong above / weak below

10000-10100    Key Support / Weakness will begin below

Exit long & Sell below this level

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