Friday, November 22, 2013

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

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