Pre-Market View Nifty and Bank Nifty for 24th Oct, 2013

Day close has signalled Buy on Dips & Sell on Rises. Trend is firmly up in Weekly and Monthly.

Nifty Spot [6141 (S) /6150 (S) /6165 (S) / 6183(R) / 6194 (R)/6206 (R) / 6215 (R) / 6236 (R) / 6250 (R)]

Nifty Future Near Month

6278             Sell Zone
6238-6241    Sell Zone / Buy above
6215-6223    Buy More Above
6198-6207    Key Zone
6164             Support
6148-6152    Buy Zone
6119-6133    Support
6112             Sell Below
6077            Support

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Bank Nifty Spot [10622 - 10685(S) / 10790 (S) / 10930 (R) /11046 (key) / 11140 / 11350- 11430 (R)]

Bank Nifty Future Near Month

11357             Resistance
1125-11246    Resistance
11091              Key
10854-10926   Resistance
10726-10743   Support
10400              Strong Support