Tuesday, October 1, 2013

Pre-Market View

Nifty Near Month Future

Enter Long at  5790  Stop Loss 5768 Target 5822 / 5858 / 5881
Enter Short at 5822 Stop Loss 5844  Target 5806 / 5790        

5750 Nifty Spot will be the trend decider for the day
     
_________________________________________
Trend Day   - Down
Trend Week  - Up
Trend Month - Down
Some Pullback Expected
_________________________________________
5878/5904        Strong Resistance / Sell zone
5843-58            Reistance Zone

5790-5806          Strong above / weak below

5752-63             Key Support / Weakness will begin below

===============================================================

Bank Nifty Near Month Future

9600 Bank Nifty Spot will be the trend decider for the day
_________________________________________
Trend Day   - Down
Trend Week  - Sidewise
Trend Month - Down
_________________________________________

10250                 Sell Zone
10000-10100     Strong Resistance
9860-9900         Resistance / Sell zone / Buy sustaining above

9710-9633         Strong above / weak below

9500-80  (key)    Good Support / Buy holding / Sell below



No comments:

Post a Comment