F&O Cues

F&O Cues Updated.

3 P.M

2 P.M

1 P.M

F&O Charts Updated

F&O Charts updated now at F&O Cues

12 Noon

Nifty Spot / Future Key Levels

Nifty Future may become weak below 6216 (Confirmed below 6198) and Nifty Spot would become weak below 6153 only. The resistance levels already given.

Nifty Spot Intraday

       Keep an eye on the New Support line for the entire upmove move continuation supports.

11 A.M

Nifty Spot Target

6181 - Target 2 Done for Nifty Spot.

Nifty Post

Longs need to be very cautious around 6250 Nifty Future and between 6180-6200 Nifty Spot.

10 A.M

Nifty Future Update

Now the resistance zone of 6198-6211 will act as support. If Nifty Future can take out 6247, which is a stiff resistance it can even target 6291-6300 (Sell Zone)

Nifty Update

Nifty has hit the upper trendline!  GDP data lined up today. 6181 next target for spot.

Nifty Spot Post

Nifty has confirmed the initial trend reversal by crossing 6123.5 in the opening itself.  Now watch the trendline resistances.

Pre-Market Levels for Nifty and Banknifty Future for 29th Nov, 2013

Month Closing Volatility Expected with upward bias

Nifty Future

6247                    Sell All
6198-6211          Very Strong Resistance / Sell Zone
6185-6188          Stiff Resistance / Sell Zone
6165                    Resistance
6152                   Weak below
6133-6145          Support 
6118-6125          Strong Support / Buy Zone
6106-6109          Buy All

Banknifty Future

11318                  Sell All
11204                  Strong Resistance / Sell Zone
11120                  Stiff Resistance
10960-11003       Strong Holding
10921-10932       Strong Support
10879-10919       Strong Buy Zone 

Nifty EOD Chart of 28th Nov, 2013

Watch the trendline resistances. Following can be the initial targets for Nifty Spot 6112 - T1 (Achieved - Yesterday) / 6181 - T2  / 6270 - T3.   Let us see how far and how fast Nifty can move to one or all of these levels. I think hitting the first target itself has prima-facie confirmed the trend reversal. One more confirmation will be cross of 6123.5 in first 3 hours(Preferably) or today.

F&O Cues

NSE data has errors and hence not published today.

3 P.M

3 P.M

Nifty Spot Update

Only 24.15 points day till now!  Risk of range expansion in either direction and high volatility in the remaining part of the day?

2 P.M

Update

Within next 5 hours Nifty Spot has to cross 6123.5 to confirm trend reversal.

1 P.M

Update

First Sign of Weakness is here, as discussed earlier 6149 is the point for Dec, 2013 Nifty Future below which weakness will be there. Caution needed if price continues to sustain below it.

Intraday Chart

See the two Trendline Resisitances, Nifty Spot will surely face stiff resistance there between 6140-6160 but 1st hurdle will be to cross 6123.5.  If 6140-6160 is achieved we can expect some pullback to cover today's gap.

12 Noon

11 A.M

Bull Stop Loss has been taken 6102 and SAR is at 6131. Day high target is about 6147 T1 / 6164 (NR4-Target) T2 / 6167 T3 and if price skids Day low target is about 6036 (Unlikely as of now).

Reporting What was posted yesterday on Dec, 2013 Nifty Future

Following are the strong support and resistance for Dec, 2013 Nifty Future. It may be watched for breakdown / breakout.

Breakdown below -  6084 (Strong Support)
Breakout  above   -  6149 (Strong Resistance)

--------------------------------------------------------------------------------------------

Nifty Future is now trading comfortably above 6149

Nifty Future System Generated calls

LONG @ 6120 S/L 6097.1 Target1 6141 Target2 6152,  Target3 6159.2 

SHORT @6152-6162 S/L 6180 Target1 6133, Target2 6123 and Target3 6116

10 A.M

Nifty Spot Update

Nifty Spot has achieved the first target 6112 as given yesterday EOD post and this has also signalled the termination of the downtrend for the time being.  Day bias +ve and should be bought in dips.

System Generated Calls - Based on Market Profile

Nifty Future
Enter Long at 6068 Also at 6057 Stop Loss 6044 Target 6095/ 6120 /6133 / 6140
Enter Long at 6097 also at 6071 Stop Loss 6069 Target 6120 /6133 / 6140

Banknifty Future

Enter Long at 10915 Also at 10881 Stop Loss 10844 Target 11075 / 11127/11216

Opening Bell

Pre-Market Levels for Nifty and Bank Nifty Future for 28th Nov, 2013

Nifty Future [ Fair Value 6075(Near), 6165 (Expiry) ] 
6211              Sell All
6185-6195     Sell Zone
6152-6161     Resistance
6133-6141     Strong Resistance
6116-6123     Stiff Resistance
6092-6103     Resistance
6086               Key
6071-6080     Strength Above
6057-6068     Support
6038-6045     Strong Support / Buying level
6021               Buy all

Nifty Spot
6093 - Nifty Spot is the Key for the Week

Banknifty Future [ Fair Value 10928 (Near), 11085 (Expiry) ]

11332                Sell All
10262                Heavy Resistance
11216                Stiff Resistance / Sell Zone
11127-11156    Strong Resistance
11049               Key
10906-10953    Weak Below / Strong Support
10836-10881    Strong Support
10660-10716    Buy all

Banknifty Spot
11091 - Banknifty Spot is the Key for the Week

Nifty Spot EOD

Following can be the initial targets for Nifty Spot 6112 - T1 / 6181 - T2  / 6270 - T3.  Let us see how far and how fast Nifty can move to one or all of these levels.  Let us see the falling channel resistance and whether Nifty is able to cross it.

F&O Cues Updated

F&O Cue updated. 

Market may be net short as before but after showing weakness throughout the day a smart rally may happen towards the EOD tomorrow. Market has strongly based itself 6020-40 Zone of Nifty Spot. Structure is also indicating completion of d-leg / first corrective of d-leg  may be round the corner.  Let us see what kind of rally pans out.

Following are the strong support and resistance for Dec, 2013 Nifty Future. It may be watched for breakdown / breakout.

Breakdown below -  6084 (Strong Support)
Breakout  above   -  6149 (Strong Resistance)

3 P.M

2 P.M

1 P.M

12 Noon

Nifty Spot Update

6040 was  the crucial level for Nifty Spot as par the F&O Cues it is still hanging onto that.
Same for Banknifty spot is around 10870 and Banknfity Spot is also hanging around there.

11 A.M

10 A.M

Nifty and Bank Nifty Future Market Profile based calls for the day

Market Profile Based Calls 

Nifty Future
Enter Short at 6089 Also at 6098 Stop Loss 6110 Target 6046-6054 / 6027-6037 / 6007
(Lower the Levels by 10 ponits in Weak Markets and opposite in strong Markets)

----------------------------------------------------------------------------------------------

Bank Nifty Future
Enter Short at 11006 Also at 11068 Stop Loss 11133 Target 10945/ 10920/ 10884 /10800 / 10750 
/10700
(Lower the Levels by 18 ponits in Weak Markets and opposite in strong Markets)

Opening Hour

Probable Neowave Count

Pre-Market Levels for Nifty and Bank Nifty for 27th November, 2013

Trend is Buy on dips and Sell on rises. WIth 1 day left for expiry, volatility may be high.

Nifty Future [Fair Value 6095 (Near)/ 6169 (Series)]

6168               Sell Zone
6145               Strong Resistance
6130               Resistance

6108-6121      Stiff Resistance / Sell Zone          

6070-6090      Consolidation / Strength Above / Sell below
6046-6054     Strong Support / Buy Zone / Sell Below
6027               Support
6007               Support
5990-5993     Strong Support / Buy Zone
5978-5982     Very Strong Support / Buy Zone
5968               Buy All


Bank Nifty Future [Fair Value 10942(Near)/ 11088 (Series)]

11207                Sell All
11121-11147    Stiff Resistance
11064-11074    Strong Resistance
10989-11006    Resistance / Strength Above
10945               Strong Resistance
10884-10920   Consolidation / Weak Below
10750-10800   Strong Support / Sell Below
10713              Good Support
10660-10678   Strong Support / Buy Zone
10480               Buy All

EOD

F&O Cues

F&O Cues Updated.

Market is Net Short again similar to yesterday EOD. Sell on rallies likely.  6000 has been good support as of now. Exiting shorts near 6000 is preferable.  Similarly 6100 is resisting strongly till now. Let us see how market pans out.

3 P.M

2 P.M

Nifty behaving as par expectation

EOD yesterday  it was suggested that market has net shorts in Nifty and bias has been negative since open.  Gaps have not been filled above and below the present price till now. Bull stop loss was 6071(Hit) and sustaining below it Nifty Spot travel towards 6030 and holding it prices may attempt the day high once again.

1 P.M

12 Noon

11 A.M

Alternate View

If Nifty Falls from here without reaching the channel top then the e-leg of the triangle may still be incomplete.

10 A.M

Nifty Spot For the Week

Bullish  Above 6093
Bearish Below 6093

1st Hour

Pre-Market Levels for Nifty and Bank Nifty for 26th November, 2013

Nifty Future [Fair Value 6121 (Near) / 6174 (Series)]

6219             Sell All
6198             Very Strong Resistance
6174-6181    Strong Resistance
6159-6167    Resistance
6146             Strong Resistance
6114-6130    Stiff Resistance / Buy Above
6094-6108    Good Strong Support / Weakness below
6078-6088    Support / Sell Below
6050-6060    Good Support
6033-6043    Last support / Sell Below
6016             Buy All


Banknifty Future [Fair Value 10977 (Near) / 11092 (Series)]

11336              Sell All
11233             Stiff Resistance
11125-11134  Consolidation
11045-11074  Support / Weakness below
10951-10961  Very Good Support
10894-10917  Support
10763-10804  Strong Buy / Sell All below
10660-10675  Strong Support/ Buy Zone

F&O Cues - Updated

F&O Cues updated.

FII's have net shorted. Caution required tomorrow specially in the 2nd half.

3 P.M

Nifty Spot

6093 Nifty Spot will be important for today and week.

Reposting the Pre-Market Levels for Nifty and Bank Nifty Future

Nifty got resistance in the 2nd time in the mentioned zone in the  higher selling range and same is happening with Banknifty

Nifty Future [Fair Value 6137 (Near) / 6179 (Series)]

6150             Strong Resistance
6122-6131    Sell Zone
6100             Resistance
6086-6094    Sell Zone / Buy Above
6055-6064    Buy above / Sell Zone
6037              Buy Above
6025-6032    Strength Above
6012             Sell Below
5956-5971    Strong Support / Buy Zone / Sell Below
5930-5950    Stronger Support / Buy Zone / Sell Below
5901              Buy Zone

Bankifty Future [Fair Value 11000 (Near) / 11098 (Series)]

11262-11340    Sell All
11081-11124    Sell Zone / Stronger Resistance
10882-10913    Sell Zone / Stiff Resistance
10867               Key Number / Buy ABove / Sell Below
10828-10844   Consolidation
10750-10763   Buy Above
10660-10670   Good Support / Sell Below
10469-10481   Strong Support / Buy Zone / Sell Below
10347              Strong Buy Zone

2 P.M

Nifty Future

Nifty Future could reach the expected target of 6100

Nifty Spot Crutial Level for the day

6093 is the crutial level for Nifty Spot not just for today but for the entire week

Nifty Future

Exit longs at cost + Brokarage @CMP 6077

Update

Nifty Spot Weak sustaining below 6050 and Nifty Future Weak Sustaining below 6064

Nifty Future

Buying may be attempted here @cmp 6070 with Stop Loss of 6050 Target 6085 - T1 /  6100 - T2

1 P.M

12 Noon

Nifty Spot Update

To Change the trend / Bias from -ve to +ve Nifty must close above 6050

Neutral Triangle Completed as 1st Corrective ?

Nifty has probably completed the 1st corrective from 6,342.95  as an Neutral Triangle and now doing an x-wave ? Target may be Channel Top or nearby ?

11 A.M

Reposting the Pre-Market Levels for Nifty and Bank Nifty Future

Got Resistance in the expected level. May attempt Fair value (Near-6137) and also Fair Value (Series - 6179) today / tomorrow or during the week.  This upmove is probably an x-wave(?)

Nifty Future [Fair Value 6137 (Near) / 6179 (Series)]

6150             Strong Resistance
6122-6131    Sell Zone
6100             Resistance
6086-6094    Sell Zone / Buy Above
6055-6064    Buy above / Sell Zone
6037              Buy Above
6025-6032    Strength Above
6012             Sell Below
5956-5971    Strong Support / Buy Zone / Sell Below
5930-5950    Stronger Support / Buy Zone / Sell Below
5901              Buy Zone

Bankifty Future [Fair Value 11000 (Near) / 11098 (Series)]

11262-11340    Sell All
11081-11124    Sell Zone / Stronger Resistance
10882-10913    Sell Zone / Stiff Resistance
10867               Key Number / Buy ABove / Sell Below
10828-10844   Consolidation
10750-10763   Buy Above
10660-10670   Good Support / Sell Below
10469-10481   Strong Support / Buy Zone / Sell Below

10347              Strong Buy Zone

Nifty Spot Intraday Chart - Watch the Channel and retracement time

Nifty Spot Levels today

6089/ 6116 / 6158         - Strong Resistances
6034 /6049/6061/6071   - Supports

Nifty and Bank Nifty Future Support for the Day from Here

 Nifty Future will give Strong Support At / Near  6064
 Banknifty Future will give Strong Support At / Near 10867

10 A.M

9.20 A.M

Update

Hourly Chart update in Menu item Nifty

Pre-Market Levels for Nifty and Bank Nifty for 25th November, 2013

Nifty Future [Fair Value 6137 (Near) / 6179 (Series)]

6150             Strong Resistance
6122-6131    Sell Zone
6100             Resistance
6086-6094    Sell Zone / Buy Above
6055-6064    Buy above / Sell Zone
6037              Buy Above
6025-6032    Strength Above
6012             Sell Below
5956-5971    Strong Support / Buy Zone / Sell Below
5930-5950    Stronger Support / Buy Zone / Sell Below
5901              Buy Zone

Bankifty Future [Fair Value 11000 (Near) / 11098 (Series)]

11262-11340    Sell All
11081-11124    Sell Zone / Stronger Resistance
10882-10913    Sell Zone / Stiff Resistance
10867               Key Number / Buy ABove / Sell Below
10828-10844   Consolidation
10750-10763   Buy Above
10660-10670   Good Support / Sell Below
10469-10481   Strong Support / Buy Zone / Sell Below
10347              Strong Buy Zone

Nifty and Bank Nifty Spot Weekly Levels for the Week 25-11 to 29-11, 2013

Nifty Spot Weekly Levels 25-11 to 29-11, 2013

6150                Stiff Resistance
6132                Resistance / Sell Zone / Buy Above
6118                Weak Bear Stop Loss
6093-6100      Strong Resistance / Sell Zone / Buy ABove
6060-6068      Key / Buy Above / Sell Below
5965-5973      Big Support
5946               Golder Ratio Support
5930               Good Support / Buy Level / Sell Below
5897-5908      Strong Support / Buy Zone
5882               Strong Support
5873               Weak Bull Stop Loss
5852               Biggest Support


Banknifty Spot Weekly Levels 25-11 to 29-11, 2013

11624              Strong Resistance
11416              Sell Zone
11100-11200   Strong Resistance
11047-11091   Stiff Resistance / Sell Zone / Buy Above
10942              Strong Above
10836-10856   Key / Buy Above / Sell Below
10457-10519  Strong Support / Sell Below
10200-10261   Buy Zone
9892                Strong Support

F&O Cues - Updated

Data suggests addition of slightly more longs  in Nifty Future and Calls. But positions taken both sides indicating trading activity expected i.e. Sell on Rises and Buy in Dips.

Nifty Spot will be supported strongly between 5952-5971, 5901 is the strongest support. 6043-6045 will act as strong resistance and 6107-6112 will be next strong resistance.

* Banknifty Charts Added

More details in F&O Cues

Nifty Spot Hourly Chart

Triple Bottom

Now Triple bottom and some pullback again for Nifty. Monday it should go?

3 P.M

Diametric Vs. Extracting Triangle

Extracting triangle first requirement of break of 5972.45 should be done by today / Monday satisfying faster retracement condition and second condition will be to break 5904 soon.  Failure to break 5904 wiil be confirmation of diametric e-leg (going on).

Nifty Future call Update

Rollover going on. Please exit the long call  during this ranged move  between 6050-6060.

2 P.M

Market Bias should remain +ve today with bearish undertone

Nifty Future (Fair Value ST - 6169 / Series - 6191)

6119-6131         Sell Zone
6105                  Strong Resistance
6092-6101         Stiff resistance
6078-6082         Resistance
6056-6059         Strong Resistance
6038-6042         Strength Above / Buy Above
5971-5977         Strong Support / Buy Zone
5953                  Buy Zone


Bank Nifty Future (Fair Value ST - 11006 / Series - 11100)

11064-11079      Sell Zone
10940-10960      More Strength Above
10872-10915      Strong Resistance
10815-10832      Strength Above
10781                 Buy more Above / Sell Below
10680                 Buy Holding
10480-10500      Buy Zone
10342                 Buy All

Options Table Justifying bit of Bullish Bias

Nifty Future Long Stop Loss

Even if stop loss triggered it need to be seen for hodling below for more than 5 mins.

1 P.M

Market Bias should remain +ve today with bearish undertone

Nifty Future (Fair Value ST - 6169 / Series - 6191)

6119-6131         Sell Zone
6105                  Strong Resistance
6092-6101         Stiff resistance
6078-6082         Resistance
6056-6059         Strong Resistance
6038-6042         Strength Above / Buy Above
5971-5977         Strong Support / Buy Zone
5953                  Buy Zone


Bank Nifty Future (Fair Value ST - 11006 / Series - 11100)

11064-11079      Sell Zone
10940-10960      More Strength Above
10872-10915      Strong Resistance
10815-10832      Strength Above
10781                 Buy more Above / Sell Below
10680                 Buy Holding
10480-10500      Buy Zone
10342                 Buy All