Tuesday, October 15, 2013

Pre-Market View for 15th Oct, 2013

Market Extremely Overbought but trending up, only positional longs working well.  Intra-day likely to be ranged .

Nifty Spot 6161,6174 & 6180  Crucial Resistances
           and 6133, 6142 & 6093 Crucial Supports



Nifty Future Near Month

6235-6241  Sell Zone
6215-6222  Strong Resistance / Sell Zone
6197-6202  Crucial Resistance

6174       Strong Above
6151       Sell Below
6133-6138  Crucial Support

6117-6125  Strong Support
6088-6098  Support

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Bank Nifty Spot 10730 Crucial & Trend Decider

Bank Nifty Future Near Month

11281        Sell Zone / Strong Resistance
11081        Resistance

10898        Resistance
10749-10786  Crucial Support / Resistance
10610-10680  Support / Buy Zone

10400-10500  Good Support / Buy Zone



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